
Swastic Aawas & Developers Pvt Ltd
About Swastic Aawas & Developers Pvt Ltd
Data last updated:
Swastic Aawas & Developers Pvt Ltd is a private 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 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45202WB1991PTC053301.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.27 Lakh. It is led by directors including Khilen Shah and Sunil Kumar Bhuwalka.
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 3A Pollock Street Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.25 Lakh (net margin 55.8%) and EBITDA of ₹6.61 Lakh (EBITDA margin 59%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swastic Aawas & Developers Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3A Pollock Street Kolkata, West Bengal, India – 700001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Swastic Aawas & Developers Pvt 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 Swastic Aawas & Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Swastic Aawas & Developers Pvt Ltd, buy the company report.
Financials of Swastic Aawas & Developers Pvt Ltd
FY 2025 filings availableSwastic Aawas & Developers Pvt Ltd reported revenue of ₹11.21 Lakh (up 167% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 167% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. 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 |
|---|---|---|---|---|---|
| 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 | ₹6.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.25 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59% | ||||
| Net Profit Margin | 55.8% | ||||
| 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 Swastic Aawas & Developers Pvt Ltd, buy the company report.
Board of directors of Swastic Aawas & Developers Pvt Ltd
Swastic Aawas & Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khilen Shah Also directs: Keshowjee Constructions Pvt.Ltd., Exxtra Innovative Outdoors LLP, Three Dimension Displays (India) LLP and 5 more | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
| Sunil Kumar Bhuwalka | Director | 18 Jun 2003 | 23 Years 4 Months | Current |
| Rahul Bhuwalka | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Swastic Aawas & Developers Pvt Ltd is audited by R P MODI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R P MODI & CO | FY 2022 | 308011E |
Shareholding
The shareholding of Swastic Aawas & Developers Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Swastic Aawas & Developers Pvt Ltd, buy the company report.
Legal cases
Swastic Aawas & Developers Pvt Ltd has 5 court cases on record: 5 filed by Swastic Aawas & Developers. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CO) | Filed by the company against Parekh Realtors P Ltd | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against an individual | Pending |
| High Court, West Bengal | Court case (CO) | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| High Court | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of Swastic Aawas & Developers Pvt 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 Swastic Aawas & Developers Pvt 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 Swastic Aawas & Developers Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swastic Aawas & Developers Pvt Ltd has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Raman Shah ceased to be Director on 03 Dec 2018.
Frequently asked questions
Swastic Aawas & Developers is an active private 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 October 1991 (35+ years old) and is registered under CIN U45202WB1991PTC053301.
Swastic Aawas & Developers has 3 current directors:
- Khilen Shah - Director
- Sunil Kumar Bhuwalka - Director
- Rahul Bhuwalka - Director
The latest financial statements of Swastic Aawas & 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 Swastic Aawas & Developers is U45202WB1991PTC053301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastic Aawas & Developers has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the high courts.
Swastic Aawas & Developers was incorporated on 07 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
Raman Shah ceased to be Director on 03 Dec 2018. Khilen Shah was appointed as Director on 26 Nov 2018. Rahul Bhuwalka was appointed as Director on 26 Nov 2018. Swastic Aawas & Developers has 6 board changes on record in total.
The registered office of Swastic Aawas & Developers is at 3A Pollock Street Kolkata, West Bengal, India – 700001.
Swastic Aawas & Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Swastic Aawas & Developers is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.

