- #1,233 N Sitaram Shetty & family ₹1,900 Cr

About Shankaranarayana Constructions Private Limited
Data last updated:
Shankaranarayana Constructions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 24 March 2006 and has been in existence for over 20 years.
Its director N Sitaram Shetty and family are #1,233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40401KA2006PTC038820. Its GSTIN is 29AAJCS7901C1ZB (Karnataka). The company holds 13 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.1 Cr. It was formerly known as Snc Power Corporation Private Limited. It is led by directors including Vybhav Shetty (Managing Director) and Narayana Sitaram Shetty (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 7 Residency Road O.D No. 9 Rajaraj Mohan Roy Road Bangalore., Karnataka, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,133.99 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹159.28 Cr (net margin 7.5%) and EBITDA of ₹371.3 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 3% over five years.
The company has about 2,807 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Ssncindia. As per MCA filings, the company has open charges of ₹2,952 Cr and satisfied charges of ₹1,616.29 Cr on record. Court records list 40 cases involving the company, including 9 filed by the company and 31 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ssncindia.co.in.
Company details
Recognitions & Rankings of Shankaranarayana Constructions
Contact details
Shankaranarayana Constructions Private Limited's registered office is in Bangalore, Karnataka. Its website is ssncindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 7 Residency Road O.D No. 9 Rajaraj Mohan Roy Road Bangalore., Karnataka, India
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Shankaranarayana Constructions 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
Brands
Shankaranarayana Constructions operates one associated brand: Ssncindia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering firm executing infrastructure projects in power, water, buildings, and transportation. | ssncindia.co.in |
Business activity
The main business activity of Shankaranarayana Constructions is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Shankaranarayana Constructions Private Limited, buy the company report.
Financials of Shankaranarayana Constructions Private Limited
FY 2025 filings availableShankaranarayana Constructions Private Limited reported revenue of ₹2,133.99 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 19% 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 | ₹2,133.99 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹371.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹159.28 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shankaranarayana Constructions Private Limited, buy the company report.
Board of directors of Shankaranarayana Constructions Private Limited
Shankaranarayana Constructions has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namitha Shetty | Director | 14 Aug 2017 | 9 Years 2 Months | Current |
| Narayana Sitaram Shetty | Whole-Time Director | 01 Apr 2006 | 20 Years 7 Months | Current |
| Alok Chandra Shetty | Director | 24 Mar 2006 | 20 Years 7 Months | Current |
| Vybhav Shetty | Managing Director | 24 Mar 2006 | 20 Years 7 Months | Current |
| Smaran Shetty | Director | 08 May 2009 | 17 Years 6 Months | Current |
Auditor
Shankaranarayana Constructions Private Limited is audited by B N Subramanya & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N Subramanya & Co | FY 2025 | 004142S |
Shareholding
The shareholding of Shankaranarayana Constructions Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shankaranarayana Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2024 | 101026052 | Yes Bank Limited | ₹250 Cr | Open | |
| 30 Oct 2024 | 101001898 | Others | ₹50 Cr | Open | |
| 28 Jun 2023 | 100739209 | Others | ₹20 Cr | Open | |
| 28 Oct 2021 | 100499645 | Idbi Trusteeship Services Limited | ₹2,007 Cr | Open | |
| 15 Mar 2021 | 100433640 | Others | ₹625 Cr | Open |
To see the full charge records of Shankaranarayana Constructions Private Limited, buy the company report.
Total charge records: 82 View all charges
Legal cases
Shankaranarayana Constructions Private Limited has 40 court cases on record: 9 filed by Shankaranarayana Constructions, 31 filed against it. 10 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 29 | 8 |
| High courts | 8 | 2 | 2 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Ms BLR Logistiks I Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by M-S BLR Logistiks I Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Bharat Heavy Electricals Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Corporation Limited | Disposed |
| District court, RAICHUR, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Shankaranarayana Constructions 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.
Credit ratings & regulatory alerts
Shankaranarayana Constructions Private Limited was last rated by Care on 03 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Dec 2021 |
To see the full credit ratings and regulatory alerts of Shankaranarayana Constructions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shankaranarayana Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shankaranarayana Constructions has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| SNC Highways Private Limited | U45201KA2021PTC155855 | |
| Shankaranarayana Dobaspat Expressway Private Limited | U45209KA2020PTC138625 | |
| Bumiputra Resorts Private Limited | U55100KA2021PTC153257 |
To see the full group structure of Shankaranarayana Constructions Private Limited, buy the company report.
Employees & EPFO
Shankaranarayana Constructions Private Limited has a workforce of 2,807 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2,807 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shankaranarayana Constructions Private Limited, buy the company report.
GST
Shankaranarayana Constructions has 13 GST registrations: 3 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS7901C1ZB | Karnataka | Active | 01 Jul 2017 |
| 20AAJCS7901C1ZT | Jharkhand | Active | 01 Jul 2017 |
| 27AAJCS7901C1ZF | Maharashtra | Active | 31 Dec 2024 |
To see the full GST registrations and return filing status of Shankaranarayana Constructions Private Limited, buy the company report.
Recent activity
Shankaranarayana Constructions Private Limited has 10 board changes on record since 2006: 5 appointments and 5 cessations. The latest: Namitha Shetty ceased to be Additional Director on 30 Sep 2017.
170 earlier events are in the company report.
Frequently asked questions
Shankaranarayana Constructions is an active private limited company based in Bangalore, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 24 March 2006 (20+ years old) and is registered under CIN U40401KA2006PTC038820.
Shankaranarayana Constructions has 5 current directors:
- Vybhav Shetty - Managing Director
- Narayana Sitaram Shetty - Whole-Time Director
- Namitha Shetty - Director
- Alok Chandra Shetty - Director
- Smaran Shetty - Director
The latest financial statements of Shankaranarayana Constructions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shankaranarayana Constructions is 29AAJCS7901C1ZB, registered in Karnataka. The company has 13 GST registrations in all, of which 3 are active and 10 are cancelled or inactive. Other active GSTINs include 20AAJCS7901C1ZT (Jharkhand), 27AAJCS7901C1ZF (Maharashtra).
The CIN (Corporate Identification Number) of Shankaranarayana Constructions is U40401KA2006PTC038820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shankaranarayana Constructions has 40 court cases on record: 9 filed by the company and 31 filed against it. 10 are pending. Most are in the district courts.
Shankaranarayana Constructions was incorporated on 24 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Namitha Shetty ceased to be Additional Director on 30 Sep 2017. Namitha Shetty was appointed as Director on 14 Aug 2017. Vybhav Shetty ceased to be Director on 18 Aug 2011. Shankaranarayana Constructions has 10 board changes on record in total.
Shankaranarayana Constructions can be reached through the website ssncindia.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shankaranarayana Constructions is at No. 7 Residency Road O.D No. 9 Rajaraj Mohan Roy Road Bangalore., Karnataka, India.

