Kushavati Mining Private Limited
About Kushavati Mining Private Limited
Data last updated:
Kushavati Mining Private Limited was a private limited company based in Vasco Da Gama, Goa, India, operated as a subsidiary of V.M.Salgaocar And Brother Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the iron ores includes mining of hematite segment of the mining sector. It was incorporated on 05 September 1991.
The company was registered with the Registrar of Companies (ROC), Goa, under CIN U13100GA1991PTC001159.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Ashwyn Kumar Nayak and Swati Shivanand Salgaocar.
Its last annual general meeting (AGM) was held on 20 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Flat No. A – 1 1st Floor Rishikesh Apartments Mangor Hills Vasco Da Gama Goa., Goa, India – 403802.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.28 Lakh. For the same year it recorded a net loss of ₹1.32 Lakh (net margin -30.9%) and EBITDA of -₹1.12 Lakh (EBITDA margin -26.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
Company details
Contact details
Kushavati Mining Private Limited's registered office is in Vasco Da Gama, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. A – 1 1st Floor Rishikesh Apartments Mangor Hills Vasco Da Gama Goa., Goa, India – 403802
- IndustryMining, Iron Ores Includes Mining Of Hematite, Mining, Magnetite
To see the full contact details of Kushavati Mining 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
Financials of Kushavati Mining Private Limited
FY 2024 filings availableKushavati Mining Private Limited reported revenue of ₹4.28 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years. EBITDA fell 301% 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 | -₹1.12 Lakh | ||||
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| Net Profit (PAT) | -₹1.32 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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| Profitability | |||||
| EBITDA Margin | -26.3% | ||||
| Net Profit Margin | -30.9% | ||||
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To see the full financial statements and ratios of Kushavati Mining Private Limited, buy the company report.
Board of directors of Kushavati Mining Private Limited
Kushavati Mining has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwyn Kumar Nayak Also directs: V.M.Salgaocar and Brother Private Limited, Rishikesh Real Estates Private Limited, Ganapal Real Estates Private Limited and 5 more | Director | 30 Apr 2018 | 8 Years 5 Months | As last reported |
| Swati Shivanand Salgaocar Also directs: Pyramid Developers LLP, Mahadhan Real Estates LLP, Katyayani Structural Designs LLP and 5 more | Director | 24 Mar 2015 | 11 Years 7 Months | As last reported |
| Virendra Vithal Acharya | Director | 01 Nov 2024 | 1 Years 11 Months | As last reported |
Peer comparison
Kushavati Mining Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| T.P. Graphites Private Limited | ₹4.42 Lakh (FY 2025) | -7.0% | Sambalpur, Odisha, India | |||
| Akr Metals and Crushers Private Limited | ₹4.41 Lakh (FY 2025) | Chirayinkeezhu, Kerala, India | ||||
| Govind Granites and Marbles Pvt Ltd | ₹4.4 Lakh (FY 2024) | 49062.0% | Udaipur, Rajasthan, India | |||
| Fatehpur Coal Mining Company Private Limited | ₹4.28 Lakh (FY 2025) | 34.0% | Raigarh, Chhattisgarh, India | |||
| MPB Exports Private Limited | ₹4.28 Lakh (FY 2025) | -91.0% | Udaipur, Rajasthan, India | |||
| Kushavati Mining Private Limitedthis company | ₹4.28 Lakh (FY 2024) | -₹1.32 Lakh | -30.9% | Vasco Da Gama, Goa, India | ||
| Ankit International Private Limited | ₹4.25 Lakh (FY 2025) | -1.0% | Dhanbad, Jharkhand, India | |||
| Sri Shanmugha Mines & Minerals Limited | ₹4.22 Lakh (FY 2025) | 20.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Rudra Minerals Private Limited | ₹4.2 Lakh (FY 2025) | -96.0% | Bhubaneswar, Odisha, India | |||
| Kavya Marbles Private Limited | ₹4.2 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Panchmukhi Balaji Ore Enterprises Private Limited | ₹4.2 Lakh (FY 2025) | -20.0% | Burdawan, West Bengal, India |
To see the full peer comparison of Kushavati Mining Private Limited, buy the company report.
Auditor
Kushavati Mining Private Limited is audited by S.J.Thaly & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.J.Thaly & Co | FY 2017 | 110946W |
Shareholding
The shareholding of Kushavati Mining Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kushavati Mining Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kushavati Mining Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kushavati Mining 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 Kushavati Mining Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kushavati Mining Private Limited has 16 board changes on record since 1991: 9 appointments and 7 cessations. The latest: Virendra Vithal Acharya was appointed as Director on 01 Nov 2024.
7 earlier events are in the company report.
Frequently asked questions
Kushavati Mining has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kushavati Mining was a private limited company based in Vasco Da Gama, Goa, India. The company worked in iron ores includes mining of hematite, within the mining industry. It was incorporated on 05 September 1991 and is registered under CIN U13100GA1991PTC001159. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kushavati Mining was incorporated on 05 September 1991. It is registered with the Registrar of Companies, Goa.
Kushavati Mining had 3 directors:
- Ashwyn Kumar Nayak - Director
- Swati Shivanand Salgaocar - Director
- Virendra Vithal Acharya - Director
The CIN (Corporate Identification Number) of Kushavati Mining is U13100GA1991PTC001159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kushavati Mining is at Flat No. A – 1 1st Floor Rishikesh Apartments Mangor Hills Vasco Da Gama Goa., Goa, India – 403802.
The latest financial statements of Kushavati Mining on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 August 2024. Year-wise statements from 2015 are in the company report.
Kushavati Mining operated in the mining industry, in the iron ores includes mining of hematite segment.
The peers of Kushavati Mining by revenue are T.P. Graphites Private Limited, Akr Metals and Crushers Private Limited, Govind Granites and Marbles Pvt Ltd, Fatehpur Coal Mining Company Private Limited, MPB Exports Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Virendra Vithal Acharya was appointed as Director on 01 Nov 2024. Ashwyn Kumar Nayak was appointed as Director on 30 Apr 2018. Maria Ganagappan Durairaj ceased to be Director on 30 Apr 2018. Kushavati Mining has 16 board changes on record in total.
The compliance status of Kushavati Mining is compliant as of 10 August 2026.