Kwality Builders & Developers Ltd
About Kwality Builders & Developers Ltd
Data last updated:
Kwality Builders & Developers Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L70200WB1995PLC073553. It is a listed company as per MCA records.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.07 Cr. It is led by directors including Pravin Tusnial (Managing Director) and Om Prakash Agarwal.
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 33A Jawahar Lal Nehru Road 16th Floor Flat No. A – 9, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.21 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹34.91 Lakh and EBITDA of -₹40.55 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹1.4 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kwality Builders & Developers has one previous CIN (Corporate Identification Number): U70200WB1995PLC073553. The current CIN is L70200WB1995PLC073553, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70200WB1995PLC073553 | Current |
| U70200WB1995PLC073553 | Previous |
Contact details
Kwality Builders & Developers Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address33A Jawahar Lal Nehru Road 16th Floor Flat No. A – 9, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Kwality Builders & Developers 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
Financials of Kwality Builders & Developers Ltd
FY 2025 filings availableKwality Builders & Developers Ltd reported revenue of ₹4.21 Lakh (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 30% fall in the latest year. EBITDA fell 11% 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 | -₹40.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.91 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 | |||||
| Net Profit Margin | |||||
| 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 Kwality Builders & Developers Ltd, buy the company report.
Board of directors of Kwality Builders & Developers Ltd
Kwality Builders & Developers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Tusnial Also directs: Narsingpore Tea Co Pvt Ltd, Knight Sales Pvt.Ltd., Chhandypore Tea Company Private Limited and 2 more | Managing Director | 19 Aug 1996 | 30 Years 2 Months | Current |
| Om Prakash Agarwal Also directs: Ferrometl Resources Private Limited | Director | 28 Jun 2006 | 20 Years 3 Months | Current |
| Minakshi Tusnial Also directs: Narsingpore Tea Co Pvt Ltd, Rukhma Investments and Finance Pvt Ltd | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Kwality Builders & Developers Ltd is audited by Amresh Jain & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amresh Jain & Co | FY 2023 | 322955E |
Shareholding
The shareholding of Kwality Builders & Developers 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kwality Builders & Developers Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 1999 | 90245558 | Oriental Bank of Commerce | ₹1.4 Cr | Open |
To see the full charge records of Kwality Builders & Developers Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Kwality Builders & Developers Ltd has 11 court cases on record: 5 filed by Kwality Builders & Developers, 6 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 4 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (APD) | Filed against the company by A.B.S. Spinning Orissa Limited | Disposed |
| High Court | Court case (APO) | Filed against the company by Industrial Development Corporation of Orissa Ltd. | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by A.B.S. Spinning Orissa Ltd. | Disposed |
| High Court | Court case (APO) | Filed against the company by A. B. S. Spinning Orissa Ltd. | Disposed |
| High Court | Court case (EC) | Filed against the company by Cdequi Search Pvt. Ltd. | Disposed |
To see the full case history of Kwality Builders & Developers 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 Kwality Builders & Developers Ltd; 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 Kwality Builders & Developers Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kwality Builders & Developers Ltd has 13 board changes on record since 1996: 8 appointments and 5 cessations. The latest: Minakshi Tusnial was appointed as Director on 20 Oct 2023.
6 earlier events are in the company report.
Frequently asked questions
Kwality Builders & Developers is an active public limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 August 1995 (31+ years old) and is registered under CIN L70200WB1995PLC073553.
Kwality Builders & Developers has 3 current directors:
- Pravin Tusnial - Managing Director
- Om Prakash Agarwal - Director
- Minakshi Tusnial - Director
The latest financial statements of Kwality Builders & Developers 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 Kwality Builders & Developers is L70200WB1995PLC073553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kwality Builders & Developers is a listed company as per MCA records.
Kwality Builders & Developers has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Kwality Builders & Developers was incorporated on 17 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Minakshi Tusnial was appointed as Director on 20 Oct 2023. Meghraj Tusnial ceased to be Director on 29 Sep 2023. Pooja Tulsyan ceased to be Director on 01 Oct 2022. Kwality Builders & Developers has 13 board changes on record in total.
The registered office of Kwality Builders & Developers is at 33A Jawahar Lal Nehru Road 16th Floor Flat No. A – 9, Kolkata, West Bengal, India – 700071.
Kwality Builders & Developers operates in the financial services industry, in the diversified financial services segment.