About Castwel Properties Private Limited
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Castwel Properties Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 11 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U24110MH1996PTC096150.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Castwel Monolithics Private Limited. It is led by directors Padma Mushnoori and Mushnoori Shiv Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 18/6 MIDC Hingna Indl.Area Nagpur 28., Maharashtra, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.12 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹67.3 Lakh (net margin 82%) and EBITDA of ₹73.05 Lakh (EBITDA margin 89%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 5% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website castwelindustries.com.
Company details
Contact details
Castwel Properties Private Limited's registered office is in Nagpur, Maharashtra. Its website is castwelindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 18/6 MIDC Hingna Indl.Area Nagpur 28., Maharashtra, India
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Castwel Properties Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Castwel Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Castwel Properties Private Limited, buy the company report.
Financials of Castwel Properties Private Limited
FY 2025 filings availableCastwel Properties Private Limited reported revenue of ₹82.12 Lakh (up 279% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 279% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 325% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹73.05 Lakh | ||||
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| Net Profit (PAT) | ₹67.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 89% | ||||
| Net Profit Margin | 82% | ||||
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To see the full financial statements and ratios of Castwel Properties Private Limited, buy the company report.
Board of directors of Castwel Properties Private Limited
Castwel Properties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma Mushnoori Also directs: Castwel Industries Private Limited | Director | 30 Mar 2008 | 18 Years 6 Months | Current |
| Mushnoori Shiv Kumar Also directs: Castwel Industries Private Limited | Director | 11 Jan 1996 | 30 Years 9 Months | Current |
Auditor
Castwel Properties Private Limited is audited by C. R SAGDEO & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. R SAGDEO & CO. | FY 2022 | 108959W |
Shareholding
The shareholding of Castwel Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Castwel Properties Private Limited, buy the company report.
Legal cases
Castwel Properties Private Limited has 1 court case on record: 1 filed by Castwel Properties. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Universal Realtors Private Limited and 2 others | Disposed |
To see the full case history of Castwel Properties Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Castwel Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Castwel Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Castwel Properties Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Bala Rao Mushunuri ceased to be Director on 28 Apr 2021.
Frequently asked questions
Castwel Properties is an active private limited company based in Nagpur, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 11 January 1996 (30+ years old) and is registered under CIN U24110MH1996PTC096150.
Castwel Properties has 2 current directors:
- Padma Mushnoori - Director
- Mushnoori Shiv Kumar - Director
The latest financial statements of Castwel Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Castwel Properties is U24110MH1996PTC096150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Castwel Properties has 1 court case on record: 1 filed by the company.
Castwel Properties was incorporated on 11 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Nagpur.
Bala Rao Mushunuri ceased to be Director on 28 Apr 2021. Padma Mushnoori was appointed as Director on 30 Mar 2008. Mushnoori Shiv Kumar was appointed as Director on 11 Jan 1996.
Castwel Properties can be reached through the website castwelindustries.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Castwel Properties is at C – 186 MIDC Hingna Indl.Area Nagpur 28., Maharashtra, India.
Castwel Properties operates in the real estate and construction industry, in the real estate marketing and sales segment.