About Shewalkar Developers Limited
Data last updated:
Shewalkar Developers Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH1985PLC036879. Its GSTIN is 27AACCS5285Q1ZK (Maharashtra).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.05 Cr. It is led by directors including Ashutosh Ram Shewalkar (Managing Director) and Manisha Ashutosh Shewalkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Laxmi Bhawan Squareh C Road Dharampeth, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.58 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹18.15 Lakh (net margin 1.9%) and EBITDA of ₹3.35 Cr (EBITDA margin 34.9%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
The company is associated with 1 brand: Shewalkar Developers. As per MCA filings, the company has open charges of ₹19.1 Cr and satisfied charges of ₹100.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shewalkars.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressLaxmi Bhawan Squareh C Road Dharampeth, Nagpur, Maharashtra, India – 440010
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
CIN History of Shewalkar Developers Limited
Shewalkar Developers has one previous CIN (Corporate Identification Number): U45203MH1985PTC036879. The current CIN is U45203MH1985PLC036879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MH1985PLC036879 | Current |
| U45203MH1985PTC036879 | Previous |
Associated Brands with Shewalkar Developers Limited
Shewalkar Developers operates one associated brand: Shewalkar Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development involving residential and commercial properties in India. | shewalkars.com |
Business Activity of Shewalkar Developers Limited
The main business activity of Shewalkar Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Shewalkar Developers Limited
Shewalkar Developers Limited is audited by R G NAGARWALA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R G NAGARWALA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shewalkar Developers Limited
Shewalkar Developers has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhao Gangadhar Sarpatwar | Director | 12 Feb 2022 | 4 Years 7 Months | Current |
| Ashutosh Ram Shewalkar Also directs: Shewalkar Medias Limited, Shewalkar Motels Private Limited, Shewalkar Herbals Private Limited and 1 more | Managing Director | 11 Mar 1986 | 40 Years 6 Months | Current |
| Manisha Ashutosh Shewalkar Also directs: Shewalkar Medias Limited, Shewalkar Motels Private Limited, Shewalkar Herbals Private Limited and 1 more | Whole-Time Director | 11 Mar 1986 | 40 Years 6 Months | Current |
| Apala Ashutosh Shewalkar Also directs: Shewalkar Medias Limited, Shewalkar Motels Private Limited, Shewalkar Herbals Private Limited and 1 more | Additional Director | 09 Aug 2025 | 1 Years 1 Months | Current |
Financials of Shewalkar Developers Limited FY 2025 filings available
Shewalkar Developers Limited reported revenue of ₹9.58 Cr (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shewalkar Developers Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 75% fall in the latest year. EBITDA fell 64% 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 of Shewalkar Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.15 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Shewalkar Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shewalkar Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shewalkar Developers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shewalkar Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Shikshak Sahakari Bank Limited | ₹6 Cr | Open |
| 01 Jul 2021 | Others | ₹4.5 Cr | Open |
| 17 Feb 2018 | Others | ₹4 Cr | Open |
| 27 Jul 2017 | Others | ₹1.15 Cr | Open |
| 29 Dec 2014 | Others | ₹50 Lakh | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Shewalkar Developers Limited
Employment history and EPFO contributions of people linked to Shewalkar Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Shewalkar Developers Limited
Shewalkar Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS5285Q1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Shewalkar Developers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shewalkar Developers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shewalkar Developers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shewalkar Developers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Shewalkar Developers Limited
Frequently Asked Questions about Shewalkar Developers Limited
Shewalkar Developers is an active public limited company based in Nagpur, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 18 July 1985 (41+ years old) and is registered under CIN U45203MH1985PLC036879.
Shewalkar Developers reported revenue of ₹9.58 Cr for FY 2025 (down 75% YoY).
Shewalkar Developers has 4 current directors:
- Ashutosh Ram Shewalkar - Managing Director
- Manisha Ashutosh Shewalkar - Whole-Time Director
- Madhao Gangadhar Sarpatwar - Director
- Apala Ashutosh Shewalkar - Additional Director
Shewalkar Developers reported a net profit of ₹18.15 Lakh (net margin 1.9%) and EBITDA of ₹3.35 Cr (EBITDA margin 34.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shewalkar Developers is -15% over three years. In the latest year (FY 2025) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shewalkar Developers is 27AACCS5285Q1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shewalkar Developers is U45203MH1985PLC036879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shewalkar Developers was incorporated on 18 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Shewalkar Developers can be reached through the website shewalkars.com. Its registered office is in Nagpur, Maharashtra, India.