About Kasliwal Projects Limited
Data last updated:
Kasliwal Projects Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 03 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2008PLC179623. Its GSTIN is 27AADCK3526F1ZQ (Maharashtra).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹8.19 Cr. It is led by directors including Padam Kumar Jain and Nitish Padam Jain (Officer In Default).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹128.22 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹14.22 Cr (net margin 11.1%) and EBITDA of ₹20.15 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 25% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹17.19 Cr and satisfied charges of ₹9.92 Cr on record. The company has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in March 2024. Its 10 peer companies in the Consumer Products industry (Crockery and Utensils Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Clay Craft India Ltd with revenue of ₹154.44 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kasliwalprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA 1024 – 1025 Corporate Avenue Chs. Ltd, Near Udyog Bhavan Sonawala Road, Mumbai, Maharashtra, India – 400063
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Kasliwal Projects Limited
The main business activity of Kasliwal Projects is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kasliwal Projects Limited FY 2024 filings available
Kasliwal Projects Limited reported revenue of ₹128.22 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kasliwal Projects Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 21% growth in the latest year. EBITDA rose 180% 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 of Kasliwal Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹20.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.22 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kasliwal Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kasliwal Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kasliwal Projects Limited
Kasliwal Projects Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clay Craft India Ltd | ₹154.44 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Jaipur, Rajasthan, India |
| Bhalaria Metal Craft Private Limited | ₹153.09 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bhayander West, Maharashtra, India |
| Tupperware India Private Limited | ₹153.03 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Zwilling Kitchen India Private Limited | ₹148.01 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Naman Metawares Private Limited | ₹131.72 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Delhi, India |
| Kasliwal Projects Limited this company | ₹128.22 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Global Houseware Limited | ₹127.71 Cr (FY 2017) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Mili Steels Private Limited | ₹127.4 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| D M W Export Private Limited | ₹124.43 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Anappadikkal Trading Company Private Limited | ₹122.46 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Navi Mumbai, Maharashtra, India |
| SKS Glochem (I) Private Limited | ₹119.63 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Mulund West, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Kasliwal Projects by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kasliwal Projects Limited
Kasliwal Projects Limited is audited by SWAROOP JAIN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SWAROOP JAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Kasliwal Projects Limited
Kasliwal Projects Limited currently reports 4 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padam Kumar Jain Also directs: Kasliwal Housewares Private Limited | Director | 21 Nov 2017 | 8 Years 10 Months | Current |
| Nitish Padam Jain Also directs: Samatva Home Solutions Private Limited, Smidge Home Products Private Limited, Suyukti Home Solutions Private Limited and 5 more | Officer In Default | 16 Jan 2024 | 2 Years 8 Months | Current |
| Anish Padam Jain Also directs: Samatva Home Solutions Private Limited, Splashcraft Houseware Private Limited, Smidge Home Products Private Limited and 5 more | Ceo | 30 Sep 2024 | 2 Years 0 Months | Current |
| Sobhag Jain Also directs: Primo Chemicals Limited, Rkec Projects Limited, The Byke Hospitality Limited and 4 more | Director | 17 Feb 2025 | 1 Years 7 Months | Current |
| Nidhi Poddar | Director | 17 Feb 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Kasliwal Projects Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kasliwal Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2025 | State Bank of India | ₹4 Cr | Open |
| 18 Jun 2025 | Sidbi | ₹1.05 Cr | Open |
| 08 Mar 2025 | Axis Bank Limited | ₹5 Cr | Open |
| 07 Dec 2024 | Hdfc Bank Limited | ₹13.5 Lakh | Open |
| 15 Jan 2024 | State Bank of India | ₹7 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Kasliwal Projects Limited
Kasliwal Projects Limited has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Rights issue | ₹1.75 Cr | Investors: 4 individuals |
| Sep 2018 | Rights issue | ₹75 Lakh | Investors: 4 individuals |
| Jan 2018 | Rights issue | ₹20.1 Lakh | Investors: 4 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Kasliwal Projects Limited
Employment history and EPFO contributions of people linked to Kasliwal Projects.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Kasliwal Projects Limited
Kasliwal Projects has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Aramex Appliances Private Limited | U29248MH2006PTC164657 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Kasliwal Projects Limited
Kasliwal Projects has one previous CIN (Corporate Identification Number): U45400MH2008PTC179623. The current CIN is U45400MH2008PLC179623, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400MH2008PLC179623 | Current |
| U45400MH2008PTC179623 | Previous |
Recent Activity on Kasliwal Projects Limited
Kasliwal Projects Limited has 11 board changes on record since 2017: 5 appointments and 6 cessations. The latest: Nidhi Poddar was appointed as Director on 17 Feb 2025.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kasliwal Projects Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kasliwal Projects Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kasliwal Projects Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kasliwal Projects Limited
Kasliwal Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK3526F1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kasliwal Projects Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kasliwal Projects Limited
Kasliwal Projects is an active public limited company based in Mumbai, Maharashtra, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 03 March 2008 (18+ years old) and is registered under CIN U45400MH2008PLC179623.
Kasliwal Projects reported revenue of ₹128.22 Cr for FY 2025 (up 21% YoY).
Kasliwal Projects has 5 current directors and KMP:
- Padam Kumar Jain - Director
- Sobhag Jain - Director
- Nidhi Poddar - Director
- Nitish Padam Jain - Officer In Default
- Anish Padam Jain - Ceo
Kasliwal Projects reported a net profit of ₹14.22 Cr (net margin 11.1%) and EBITDA of ₹20.15 Cr (EBITDA margin 15.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kasliwal Projects is 37% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kasliwal Projects is 27AADCK3526F1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kasliwal Projects is U45400MH2008PLC179623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kasliwal Projects was incorporated on 03 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Kasliwal Projects has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in March 2024.
The peers of Kasliwal Projects by revenue are Clay Craft India Ltd, Bhalaria Metal Craft Private Limited, Tupperware India Private Limited, Zwilling Kitchen India Private Limited, Naman Metawares Private Limited and 5 more, all in the Consumer Products industry (Crockery and Utensils Manufacturers).
Nidhi Poddar was appointed as Director on 17 Feb 2025. Sobhag Jain was appointed as Director on 17 Feb 2025. Anish Padam Jain was appointed as CEO on 30 Sep 2024. Kasliwal Projects has 11 board changes on record in total.