Sitani Developers Pvt.Ltd.
About Sitani Developers Pvt.Ltd.
Data last updated:
Sitani Developers Pvt.Ltd. is a private limited company based in Dt Darjeeling, West Bengal, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 29 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45208WB1995PTC071821. Its GSTIN is 19AADCS2427B1ZP (West Bengal).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Chandni Sitani and Minakshi Sitani.
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 101 Sevoke Rd Siliguridt Darjeeling, West Bengal, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.49 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹35.8 Lakh (net margin 3.8%) and EBITDA of ₹88.8 Lakh (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 195% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹8.48 Cr and satisfied charges of ₹8.29 Cr on record. Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address101 Sevoke Rd Siliguridt Darjeeling, West Bengal, India
- 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
Business Activity of Sitani Developers Pvt.Ltd.
The main business activities of Sitani Developers are real estate and construction. In detail, this covers real estate activities with own or leased property and roads, railways, utility projects. 2 activity segments are registered with the MCA.
| 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 |
| F | Construction | F2 | Roads, railways, Utility projects | 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 Sitani Developers Pvt.Ltd. FY 2025 filings available
Sitani Developers Pvt.Ltd. reported revenue of ₹9.49 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sitani Developers Pvt.Ltd.
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 12% 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 Sitani Developers Pvt.Ltd.
| 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 | ₹88.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹35.8 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 of Sitani Developers Pvt.Ltd.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Sitani 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.
Peer Comparison of Sitani Developers Pvt.Ltd.
Sitani Developers Pvt.Ltd. is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambience Power & Infratech Private Limited | •••• | •••• | •••• | •••• | 174 | Rangareddy, Telangana, India |
| Optimum Contracts Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Padder Constructions Private Limited | •••• | •••• | •••• | •••• | 20 | Anantnag, Jammu & Kashmir, India |
| Harithra Engineering and Constructions Private Limited | •••• | •••• | •••• | •••• | - | Guntur, Andhra Pradesh, India |
| S B Deshmukh Au117 Private Limited | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
| Sitani Developers Pvt.Ltd. this company | •••• | •••• | •••• | •••• | - | Dt Darjeeling, West Bengal, India |
| Pilane Infra Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Steps Premises Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Sri Jnanakshi Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
| Nilofar Engg Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| San Properties Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sitani Developers by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Sitani Developers Pvt.Ltd.
Sitani Developers Pvt.Ltd. is audited by PRAVIN BAJAJ & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAVIN BAJAJ & 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 Sitani Developers Pvt.Ltd.
Sitani Developers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandni Sitani | Director | 05 Feb 2025 | 1 Years 8 Months | Current |
| Minakshi Sitani Also directs: Anantara Infra LLP | Director | 05 Feb 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Sitani Developers Pvt.Ltd.
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 Sitani Developers Pvt.Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2026 | Others | ₹11.6 Lakh | Open |
| 16 Apr 2025 | Axis Bank Limited | ₹4.5 Cr | Open |
| 28 May 2024 | Others | ₹1.3 Cr | Open |
| 25 Mar 2021 | Hdfc Bank Limited | ₹2.3 Cr | Open |
| 31 Dec 2020 | Bank of India | ₹26 Lakh | Open |
Total charge records: 13 View all charges
Legal Cases of Sitani Developers Pvt.Ltd.
Sitani Developers Pvt.Ltd. has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alipurduar, West Bengal | Court case (M A C C) | Company is another party | Pending |
Full case history
All 1 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 Sitani Developers Pvt.Ltd.
Employment history and EPFO contributions of people linked to Sitani 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.
Recent Activity on Sitani Developers Pvt.Ltd.
Sitani Developers Pvt.Ltd. has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Aditya Sitani ceased to be Director on 28 Aug 2025.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sitani Developers Pvt.Ltd.
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 Sitani Developers Pvt.Ltd.
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 Sitani Developers Pvt.Ltd.
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 Sitani Developers Pvt.Ltd.
Sitani Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS2427B1ZP | West Bengal | 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.
MCA Filings & Documents of Sitani Developers Pvt.Ltd.
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 Sitani Developers Pvt.Ltd.
Sitani Developers is an active private limited company based in Dt Darjeeling, West Bengal, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 29 May 1995 (31+ years old) and is registered under CIN U45208WB1995PTC071821.
Sitani Developers reported revenue of ₹9.49 Cr for FY 2025 (up 6% YoY).
Sitani Developers has 2 current directors:
- Chandni Sitani - Director
- Minakshi Sitani - Director
Sitani Developers reported a net profit of ₹35.8 Lakh (net margin 3.8%) and EBITDA of ₹88.8 Lakh (EBITDA margin 9.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sitani Developers is 195% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sitani Developers is 19AADCS2427B1ZP, registered in West Bengal.
The CIN (Corporate Identification Number) of Sitani Developers is U45208WB1995PTC071821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitani Developers has 1 court case on record. 1 is pending.
Sitani Developers was incorporated on 29 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Sitani Developers by revenue are Ambience Power & Infratech Private Limited, Optimum Contracts Private Limited, Padder Constructions Private Limited, Harithra Engineering and Constructions Private Limited, S B Deshmukh Au117 Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Aditya Sitani ceased to be Director on 28 Aug 2025. Hemant Kumar Sitani ceased to be Director on 28 Aug 2025. Chandni Sitani was appointed as Director on 05 Feb 2025. Sitani Developers has 5 board changes on record in total.