About Castles Vista Private Limited
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Castles Vista Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mantri Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2004PTC035164. Its GSTIN is 29AABCL0438P1Z5 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Castles Infra Project Developers Private Limited and Land Master Realtors Private Limited. It is led by directors Thammanna Vijay and Methuku Srinivas.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at C – 5 Rich Homes, No 5/1 Richmond Road Bangalore Karnataka, Karnataka, India – 560025.
As per the financials filed for FY 2026, the company reported a revenue of ₹120.43 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹31.45 Lakh (net margin -0.3%) and EBITDA of ₹19.98 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 69% over five years.
The company is associated with 1 brand: Mantri. As per MCA filings, the company has open charges of ₹650 Cr and satisfied charges of ₹1,210 Cr on record. Court records list 101 cases involving the company, including 39 filed by the company and 62 filed against it; 27 cases are pending. The company has 3 deals on record (1 debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹230 Cr; the latest was in October 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantri.in.
Company details
Name history
Castles Vista has undergone 9 name changes throughout its history. The current legal name is Castles Vista Private Limited.
| Company Name | Status |
|---|---|
| Castles Vista Private Limited | Current |
| Castles Infra Project Developers Private Limited | Previous |
| Land Master Realtors Private Limited | Previous |
| Land Master Infra Buildcon Private Limited | Previous |
| Mantri Castles Private Limited | Previous |
| Castles Abode Private Limited | Previous |
| Castles Infra Build Private Limited | Previous |
| Land Master Homes Private Limited | Previous |
| Land Master Buildcon Developers Private Limited | Previous |
Contact details
Castles Vista Private Limited's registered office is in Bangalore, Karnataka. Its website is mantri.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 5 Rich Homes, No 5/1 Richmond Road Bangalore Karnataka, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Castles Vista 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 Castles Vista 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 Castles Vista Private Limited, buy the company report.
Financials of Castles Vista Private Limited
FY 2026 filings availableCastles Vista Private Limited reported revenue of ₹120.43 Cr (down 20% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 20% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹120.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.45 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | -0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Castles Vista Private Limited, buy the company report.
Board of directors of Castles Vista Private Limited
Castles Vista has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thammanna Vijay Also directs: Inesh Realtors Private Limited, Plaza Agencies Private Limited, Hamara Shelters Private Limited and 2 more | Director | 17 Aug 2024 | 2 Years 2 Months | Current |
| Methuku Srinivas Also directs: Pratibha Realtors Private Limited, Minerva Infra Tech Private Limited, Agara Techzone Private Limited and 5 more | Director | 25 May 2020 | 6 Years 5 Months | Current |
Auditor
Castles Vista Private Limited is audited by K.K. Rao & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.K. Rao & Associates | FY 2026 | 010757S |
Shareholding
The shareholding of Castles Vista Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Castles Vista Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2018 | 100186794 | Others | ₹650 Cr | Open | |
| 30 Sep 2020 | 100377767 | Sbicap Trustee Company Limited | ₹360 Cr | Satisfied | |
| 07 Apr 2017 | 100091664 | Others | ₹350 Cr | Satisfied | |
| 21 Aug 2015 | 10598101 | Il & Fs Trust Company Limited | ₹60 Cr | Satisfied | |
| 26 Jun 2014 | 10508537 | Tata Capital Financial Services Limited | ₹40 Cr | Satisfied |
To see the full charge records of Castles Vista Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Castles Vista Private Limited has 3 deals on record (1 debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹230 Cr; the latest was in October 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Debt financing | ₹230 Cr | Investors: Sbi Ven Capital |
| Sep 2010 | Acquisition | ₹1 Lakh | Buyer: Propcare Developers Private Limited Seller: Mantri Homes Private Limited , an individual |
| Jan 2007 | Secondary share transfer | Undisclosed | Buyer: Mantri Homes Private Limited , an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Castles Vista Private Limited has 101 court cases on record: 39 filed by Castles Vista, 62 filed against it. 27 cases are pending and 74 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 29 | 15 |
| High courts | 42 | 25 | 10 |
| Supreme Court | 16 | 8 | 2 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Sammaan Capital Ltd., and 1 other | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company by M/S. Sai Sravanthi Infra Projects Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Gokulam Shelters Private Limited | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Karnataka Power Transmission Corporation Limited (Kptcl) and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Omkara Assets Reconstruction Private Limited | Pending |
To see the full case history of Castles Vista 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 Castles Vista Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Castles Vista has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL0438P1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Castles Vista Private Limited, buy the company report.
Recent activity
Castles Vista Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Thammanna Vijay ceased to be Additional Director on 28 Sep 2025.
21 earlier events are in the company report.
Frequently asked questions
Castles Vista is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 December 2004 (22+ years old) and is registered under CIN U07010KA2004PTC035164.
Castles Vista has 2 current directors:
- Thammanna Vijay - Director
- Methuku Srinivas - Director
The latest financial statements of Castles Vista on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Castles Vista is 29AABCL0438P1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Castles Vista is U07010KA2004PTC035164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Castles Vista has 101 court cases on record: 39 filed by the company and 62 filed against it. 27 are pending. Most are in the district courts.
Castles Vista was incorporated on 06 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Castles Vista has 3 deals on record (1 debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹230 Cr; the latest was in October 2020.
Thammanna Vijay ceased to be Additional Director on 28 Sep 2025. Thammanna Vijay was appointed as Director on 17 Aug 2024. Methuku Srinivas ceased to be Additional Director on 25 Jan 2021. Castles Vista has 10 board changes on record in total.
Castles Vista can be reached through the website mantri.in. Its registered office is in Bangalore, Karnataka, India.
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