Srusti Estates Private Limited
About Srusti Estates Private Limited
Data last updated:
Srusti Estates Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70200OR1996PTC004715. Its GSTIN is 21AAECS5765R1ZR (Odisha).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.45 Lakh. It is led by directors Subhash Chandra Nayak and Sai Sambit Nayak.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 171 Mancheswar Industrialestate, Bhubaneswar, Orissa, India – 751010.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹17.53 Lakh (net margin 6%) and EBITDA of ₹32.23 Lakh (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹6.32 Cr and satisfied charges of ₹12.25 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address171 Mancheswar Industrialestate, Bhubaneswar, Orissa, India – 751010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Srusti Estates Private Limited
The main business activity of Srusti Estates is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | 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.
Financials of Srusti Estates Private Limited FY 2025 filings available
Srusti Estates Private Limited reported revenue of ₹2.9 Cr (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Srusti Estates Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 51% fall in the latest year. EBITDA fell 38% 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 Srusti Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹32.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.53 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 Srusti Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• | •••• |
| 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 Srusti Estates 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 Srusti Estates Private Limited
Srusti Estates Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Hotels, Real Estate Marketing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Esenbee Facility Services Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| J R Hotels Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Saisha Homes Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Aresko Restaurants Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Heera Hospitality Private Limited | •••• | •••• | •••• | •••• | - | Dist-Nandurbar, Maharashtra, India |
| Srusti Estates Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Om Garcia Hospitality Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Tag Vacation India Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Moonlit Outspot Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Sri Parijatha Hotels (BNG) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore.55., Karnataka, India |
| Mantu Housing Projects Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Srusti Estates by revenue in the Real Estate industry (Hotels, Real Estate Marketing), 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 Srusti Estates Private Limited
Srusti Estates Private Limited is audited by B N MISRA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B N MISRA & 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 Srusti Estates Private Limited
Srusti Estates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Chandra Nayak | Director | 10 Dec 1996 | 29 Years 9 Months | Current |
| Sai Sambit Nayak Also directs: Sambit Resorts Private Limited, Auum Platforms Private Limited | Director | 28 May 2020 | 6 Years 4 Months | Current |
Ownership and Shareholding of Srusti Estates Private 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 Srusti Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2020 | Others | ₹83 Lakh | Open |
| 24 Jan 2018 | Others | ₹4.89 Cr | Open |
| 08 Nov 2013 | Bank of India | ₹60 Lakh | Open |
| 30 Oct 2000 | Orissa State Financial Corporation | ₹12.25 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Srusti Estates Private Limited
Srusti Estates Private Limited has 4 court cases on record: 4 filed by Srusti Estates. 2 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Court case (MSA) | Filed by the company against Srusti Residency Flat Owners Welfare Society,Bbsr | Pending |
| District court, Khurda, Odisha | Civil suit | Filed by the company against an individual | Pending |
| District court, Puri, Odisha | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Puri, Odisha | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 4 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 Srusti Estates Private Limited
Employment history and EPFO contributions of people linked to Srusti Estates.
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 Srusti Estates Private Limited
Srusti Estates Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Biswajit Nayak ceased to be Director on 29 Jul 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Srusti Estates Private 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 Srusti Estates Private 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 Srusti Estates Private 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 Srusti Estates Private Limited
Srusti Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECS5765R1ZR | Odisha | 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 Srusti Estates Private 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 Srusti Estates Private Limited
Srusti Estates is an active private limited company based in Bhubaneswar, Orissa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 December 1996 (30+ years old) and is registered under CIN U70200OR1996PTC004715.
Srusti Estates reported revenue of ₹2.9 Cr for FY 2024 (down 51% YoY).
Srusti Estates has 2 current directors:
- Subhash Chandra Nayak - Director
- Sai Sambit Nayak - Director
Srusti Estates reported a net profit of ₹17.53 Lakh (net margin 6%) and EBITDA of ₹32.23 Lakh (EBITDA margin 11.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Srusti Estates is 36% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Srusti Estates is 21AAECS5765R1ZR, registered in Odisha.
The CIN (Corporate Identification Number) of Srusti Estates is U70200OR1996PTC004715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srusti Estates has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the district courts.
Srusti Estates was incorporated on 10 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Srusti Estates by revenue are Esenbee Facility Services Private Limited, J R Hotels Private Limited, Saisha Homes Private Limited, Aresko Restaurants Private Limited, Heera Hospitality Private Limited and 5 more, all in the Real Estate industry (Hotels, Real Estate Marketing).
Biswajit Nayak ceased to be Director on 29 Jul 2021. Sai Sambit Nayak was appointed as Director on 28 May 2020. Pramod Kumar Nayak ceased to be Director on 16 Aug 2018. Srusti Estates has 4 board changes on record in total.