Khetawat Properties Ltd
About Khetawat Properties Ltd
Data last updated:
Khetawat Properties Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1981PLC034265. Its GSTIN is 19AAACL5633M1Z6 (West Bengal).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.93 Cr. It is led by directors including Manuj Khetawat and Surendra Kumar Khetawat.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.4 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹51.93 Lakh (net margin 81.9%) and EBITDA of ₹52.48 Lakh (EBITDA margin 82.8%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 59% over five years.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹18 Lakh on record. Court records list 30 cases involving the company, including 17 filed by the company and 13 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Khetawat Properties has one previous CIN (Corporate Identification Number): U70101WB1981PTC034265. The current CIN is U70101WB1981PLC034265, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB1981PLC034265 | Current |
| U70101WB1981PTC034265 | Previous |
Contact details
Khetawat Properties Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address19A Sarat Bose Road, 3B, Kolkata, West Bengal, India – 700020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Khetawat Properties Ltd, 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 Khetawat Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Khetawat Properties Ltd, buy the company report.
Financials of Khetawat Properties Ltd
FY 2024 filings availableKhetawat Properties Ltd reported revenue of ₹63.4 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 92% fall in the latest year. EBITDA rose 109% 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 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 | ₹52.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.93 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.8% | ||||
| Net Profit Margin | 81.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Khetawat Properties Ltd, buy the company report.
Board of directors of Khetawat Properties Ltd
Khetawat Properties has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manuj Khetawat | Director | 14 Sep 2009 | 17 Years 1 Months | Current |
| Surendra Kumar Khetawat | Director | 20 Feb 2008 | 18 Years 8 Months | Current |
| Harshit Khetawat | Director | 14 Sep 2009 | 17 Years 1 Months | Current |
| Divyank Khetawat | Director | 14 Sep 2009 | 17 Years 1 Months | Current |
| Lalit Khetawat Kumar Also directs: Aarpee Trading & Holding Pvt. Ltd., Aarpee Housing Development Pvt Ltd, Khetawat Builders Pvt Ltd and 5 more | Director | 07 Nov 1981 | 45 Years 0 Months | Current |
Peer comparison
Khetawat Properties Ltd is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shintre Consultants Private Limited | ₹63.43 Lakh (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Orange Homeland Private Limited | ₹63.42 Lakh (FY 2025) | 76.0% | Mumbai, Maharashtra, India | |||
| Ultima Builders and Developers Private Limited | ₹63.4 Lakh (FY 2023) | -68.0% | Kolenchery, Kerala, India | |||
| Khetawat Properties Ltdthis company | ₹63.4 Lakh (FY 2025) | ₹51.93 Lakh | 81.9% | -92.0% | Kolkata, West Bengal, India | |
| G R S Projects & Infrastructure Private Limited . | ₹63.35 Lakh (FY 2016) | -8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Khetawat Properties Ltd, buy the company report.
Auditor
Khetawat Properties Ltd is audited by AGARWAL & AGARWAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL & AGARWAL | FY 2023 | 306044E |
Shareholding
The shareholding of Khetawat Properties Ltd 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 Khetawat Properties Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2015 | 10554458 | Kotak Mahindra Bank Limited | ₹8 Cr | Open | |
| 31 Dec 2010 | 10261458 | The Federal Bank Ltd. | ₹18 Lakh | Satisfied |
To see the full charge records of Khetawat Properties Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Khetawat Properties Ltd has 30 court cases on record: 17 filed by Khetawat Properties, 13 filed against it. 9 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 7 | 2 |
| District courts | 14 | 5 | 7 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CS-COM) | Filed against the company by Veeline Holdings Private Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Court case (Ejectment Suit) | Filed by the company against Ms. Sudha Jewellers Private Limited | Pending |
| Calcutta High Court | Court case (APOT) | Filed by the company against Veeline Holdings Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Stone India Ltd | Disposed |
| High Court | Court case (C.Misc.) | Filed by the company against Akash Ganga Homes Private Limited, A Company Having Its Registered Office at 16 B Shakeshpeare Sara and 8 others | Disposed |
To see the full case history of Khetawat Properties Ltd, 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 Khetawat Properties Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khetawat Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACL5633M1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khetawat Properties Ltd, buy the company report.
Recent activity
Khetawat Properties Ltd has 7 board changes on record since 1981: 5 appointments and 2 cessations. The latest: Jugal Kishore Khetawat ceased to be Director on 03 Feb 2014.
1 earlier event is in the company report.
Frequently asked questions
Khetawat Properties is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 November 1981 (45+ years old) and is registered under CIN U70101WB1981PLC034265.
Khetawat Properties has 5 current directors:
- Manuj Khetawat - Director
- Surendra Kumar Khetawat - Director
- Harshit Khetawat - Director
- Divyank Khetawat - Director
- Lalit Khetawat Kumar - Director
The latest financial statements of Khetawat Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Khetawat Properties is 19AAACL5633M1Z6, registered in West Bengal.
The CIN (Corporate Identification Number) of Khetawat Properties is U70101WB1981PLC034265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khetawat Properties has 30 court cases on record: 17 filed by the company and 13 filed against it. 9 are pending. Most are in the high courts.
Khetawat Properties was incorporated on 07 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Khetawat Properties by revenue are Shintre Consultants Private Limited, Orange Homeland Private Limited, Ultima Builders and Developers Private Limited, G R S Projects & Infrastructure Private Limited , all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Jugal Kishore Khetawat ceased to be Director on 03 Feb 2014. Divyank Khetawat was appointed as Director on 14 Sep 2009. Harshit Khetawat was appointed as Director on 14 Sep 2009. Khetawat Properties has 7 board changes on record in total.
The registered office of Khetawat Properties is at 19A Sarat Bose Road, 3B, Kolkata, West Bengal, India – 700020.
Khetawat Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
