About Shoreline Development Limited
Data last updated:
Shoreline Development Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 26 June 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN1991PLC021021. Its GSTIN is 33AABCS0435M1ZI (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rajkumar Sethupathy (Managing Director) and Sripriya Sethupathy.
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 27 4th Main Road Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.94 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹5.78 Cr (net margin 17.5%) and EBITDA of ₹13.87 Cr (EBITDA margin 42.1%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years and 357% over five years.
As per MCA filings, the company has open charges of ₹43.78 Cr and satisfied charges of ₹3 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 1 case is 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 shoreline.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address27 4th Main Road Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
- 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
Business Activity of Shoreline Development Limited
The main business activity of Shoreline Development is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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.
Financials of Shoreline Development Limited FY 2025 filings available
Shoreline Development Limited reported revenue of ₹32.94 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shoreline Development Limited
Revenue has grown at a compounded annual rate (CAGR) of 357% over five years, including 20% growth in the latest year. EBITDA rose 57% 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 Shoreline Development Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.87 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.78 Cr | •••• | •••• | •••• | •••• |
| 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 of Shoreline Development Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Shoreline Development 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.
Peer Comparison of Shoreline Development Limited
Shoreline Development Limited is compared with the companies closest to it by revenue in the Real Estate industry (Real Estate Marketing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jai Krishan Hi-Tech Infrastructures Pvt Ltd | ₹33.47 Cr (FY 2025) | •••• | •••• | 21726.0% | •••• | Delhi, India |
| Shilpi Infra Projects Private Limited | ₹33.19 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| Cadence Enterprises Private Limited | ₹33.07 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Sameera Shelters India Private Limited | ₹33.04 Cr (FY 2024) | •••• | •••• | 222.0% | •••• | Chennai, Tamil Nadu, India |
| V R Infraspace Limited | ₹32.99 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Vadodara, Gujarat, India |
| Shoreline Development Limited this company | ₹32.94 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Siddharth Reality (India) Private Limited | ₹32.88 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bijapur, Karnataka, India., India |
| Samrat Infra Estate Private Limited | ₹32.36 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Lucknow, Uttar Pradesh, India |
| Wild Flower Farms and Estates Private Limited | ₹31.8 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Bizwaycorp Private Limited | ₹31.23 Cr (FY 2019) | •••• | •••• | 156050.0% | •••• | Lucknow, Uttar Pradesh, India |
| J.B.M.Gardens Pvt Ltd | ₹30.92 Cr (FY 2019) | •••• | •••• | 8992.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Shoreline Development by revenue in the Real Estate industry (Real Estate Marketing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shoreline Development Limited
Shoreline Development Limited is audited by S.NAGALAKSHMI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.NAGALAKSHMI | 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 Shoreline Development Limited
Shoreline Development has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sripriya Sethupathy | Director | 07 Jun 1993 | 33 Years 4 Months | Current |
| Sneha Sethuppathy | Director | 02 May 2024 | 2 Years 5 Months | Current |
| Naagarjun Sethuppathy | Director | 09 Sep 2023 | 3 Years 1 Months | Current |
| Latha Sabapathy Also directs: Sethuppathy's Infrastructure LLP, Saba Trading Private Limited | Director | 26 Jun 1991 | 35 Years 3 Months | Current |
| Rajkumar Sethupathy | Managing Director | 26 Jun 1991 | 35 Years 3 Months | Current |
Ownership and Shareholding of Shoreline Development 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 Shoreline Development Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2025 | Others | ₹3.5 Cr | Open |
| 30 Apr 2025 | Others | ₹4.5 Cr | Open |
| 18 Aug 2021 | Others | ₹35.78 Cr | Open |
| 25 Aug 2021 | Others | ₹3 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Shoreline Development Limited
Shoreline Development Limited has 6 court cases on record: 6 filed by Shoreline Development. 1 case is pending and 5 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Principal Commissioner of Income Tax 3 | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Principal Commissioner of Income Tax 3 | Disposed |
| Madras High Court | Writ petition | Filed by the company against Principal Commissioner of Income Tax 3 | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shoreline Development Limited
Employment history and EPFO contributions of people linked to Shoreline Development.
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.
Recent Activity on Shoreline Development Limited
Shoreline Development Limited has 9 board changes on record since 1991: 5 appointments and 4 cessations. The latest: Sneha Sethuppathy ceased to be Additional Director on 29 Sep 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shoreline Development 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 Shoreline Development 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 Shoreline Development 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.
GST Compliance of Shoreline Development Limited
Shoreline Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCS0435M1ZI | Tamil Nadu | Active | 30 Apr 2024 |
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.
MCA Filings & Documents of Shoreline Development 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.
Frequently Asked Questions about Shoreline Development Limited
Shoreline Development is an active public limited company based in Chennai, Tamil Nadu, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 26 June 1991 (35+ years old) and is registered under CIN U70101TN1991PLC021021.
Shoreline Development reported revenue of ₹32.94 Cr for FY 2025 (up 20% YoY).
Shoreline Development has 5 current directors:
- Rajkumar Sethupathy - Managing Director
- Sripriya Sethupathy - Director
- Sneha Sethuppathy - Director
- Naagarjun Sethuppathy - Director
- Latha Sabapathy - Director
Shoreline Development reported a net profit of ₹5.78 Cr (net margin 17.5%) and EBITDA of ₹13.87 Cr (EBITDA margin 42.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shoreline Development is 149% over three years and 357% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shoreline Development is 33AABCS0435M1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Shoreline Development is U70101TN1991PLC021021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shoreline Development has 6 court cases on record: 6 filed by the company. 1 is pending.
Shoreline Development was incorporated on 26 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shoreline Development by revenue are Jai Krishan Hi-Tech Infrastructures Pvt Ltd, Shilpi Infra Projects Private Limited, Cadence Enterprises Private Limited, Sameera Shelters India Private Limited, V R Infraspace Limited and 5 more, all in the Real Estate industry (Real Estate Marketing).
Sneha Sethuppathy ceased to be Additional Director on 29 Sep 2024. Sneha Sethuppathy was appointed as Director on 02 May 2024. Naagarjun Sethuppathy ceased to be Additional Director on 29 Sep 2023. Shoreline Development has 9 board changes on record in total.