Sandstone Real Estates Private Limited
About Sandstone Real Estates Private Limited
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Sandstone Real Estates Private Limited is a private limited company based in Goa, India. It operates in the real estate advisory and brokerage segment of the real estate sector. It was incorporated on 15 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70101GA1999PTC002768.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Tushar Naik Madhukar and Swati Shivanand Salgaocar.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salgaocar House F.L.Gomes Road Vasco Da Gama, Goa, India – 403802.
As per the financials filed for FY 2017, the company reported a revenue of ₹27,337. For the same year it recorded a net loss of ₹78,047 (net margin -285.5%) and EBITDA of -₹88,174 (EBITDA margin -322.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sandstone Real Estates Private Limited's registered office is in Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSalgaocar House F.L.Gomes Road Vasco Da Gama, Goa, India – 403802
- IndustryReal Estate, Real Estate Services, Real Estate Leasing
To see the full contact details of Sandstone Real Estates 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 Sandstone Real Estates Private Limited
FY 2025 filings availableSandstone Real Estates Private Limited reported revenue of ₹27,337 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹27,337 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹88,174 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹78,047 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -322.5% | ||
| Net Profit Margin | -285.5% | ||
| 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 Sandstone Real Estates Private Limited, buy the company report.
Board of directors of Sandstone Real Estates Private Limited
Sandstone Real Estates has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Naik Madhukar Also directs: Amona Shipyard Private Limited, Goa Minerals Private Limited, Goa Maritime Private Limited and 2 more | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
| Swati Shivanand Salgaocar Also directs: Revati Real Estates LLP, Ganapal Real Estates Private Limited, Ganaraj Real Estates Private Limited and 5 more | Director | 24 Mar 2015 | 11 Years 7 Months | Current |
| Ranjana Shivanand Salgaocar Also directs: Srinidhi Real Estates LLP, Salgaocar Construction Company LLP, Safalta Properties LLP and 5 more | Director | 25 Jun 2004 | 22 Years 4 Months | Current |
Auditor
Sandstone Real Estates Private Limited is audited by A G DALVI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A G DALVI & CO | FY 2017 | 115804W |
Shareholding
The shareholding of Sandstone Real Estates 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 Sandstone Real Estates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sandstone Real Estates 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 Sandstone Real Estates 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 Sandstone Real Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sandstone Real Estates Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Gurudas Narcinva Bene ceased to be Director on 01 Sep 2020.
Frequently asked questions
Sandstone Real Estates is an active private limited company based in Goa, India. The company works in real estate services, within the real estate industry. It was incorporated on 15 November 1999 (27+ years old) and is registered under CIN U70101GA1999PTC002768.
Sandstone Real Estates has 3 current directors:
- Tushar Naik Madhukar - Director
- Swati Shivanand Salgaocar - Director
- Ranjana Shivanand Salgaocar - Director
The latest financial statements of Sandstone Real Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sandstone Real Estates is U70101GA1999PTC002768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandstone Real Estates was incorporated on 15 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Goa.
Gurudas Narcinva Bene ceased to be Director on 01 Sep 2020. Tushar Naik Madhukar was appointed as Director on 16 Aug 2018. Anthony Estelita Barreto ceased to be Director on 18 Sep 2017. Sandstone Real Estates has 7 board changes on record in total.
The registered office of Sandstone Real Estates is at Salgaocar House F.L.Gomes Road Vasco Da Gama, Goa, India – 403802.
Sandstone Real Estates operates in the real estate industry, in the real estate services segment.
The compliance status of Sandstone Real Estates is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.
Sandstone Real Estates can be reached at its registered office: Salgaocar House F.L.Gomes Road Vasco Da Gama, Goa, India – 403802.