About Stalwart Projects Private Limited
Data last updated:
Stalwart Projects 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 01 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45201OR2011PTC013975. Its GSTIN is 21AAQCS1757F1ZC (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹8.33 Cr. It is led by directors Sharat Kumar Sahu (Managing Director) and Samina Behera (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 2024. The registered office is at Tulasi Vihar 1 Sailashree Vihar, Bhubaneswar, Orissa, India – 751021.
As per the financials filed for FY 2025, the company reported a revenue of ₹113.09 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹6.57 Cr (net margin 5.8%) and EBITDA of ₹17.38 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 62% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Stalwart Projects. As per MCA filings, the company has open charges of ₹161.9 Cr and satisfied charges of ₹40.75 Cr on record. Court records list 23 cases involving the company, including 7 filed by the company and 16 filed against it; 7 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 stalwartprojects.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressTulasi Vihar 1 Sailashree Vihar, Bhubaneswar, Orissa, India – 751021
- 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 Stalwart Projects Private Limited
The main business activity of Stalwart Projects 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 Stalwart Projects Private Limited FY 2024 filings available
Stalwart Projects Private Limited reported revenue of ₹113.09 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Stalwart Projects Private Limited
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 62%. EBITDA rose 99% 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 Stalwart Projects Private 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 | ₹17.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.57 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 Stalwart Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.8% | •••• | •••• | •••• | •••• |
| 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 Stalwart Projects 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.
Auditor Details of Stalwart Projects Private Limited
Stalwart Projects Private Limited is audited by Chandrakanta Sahoo & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chandrakanta Sahoo & Associates | 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 Stalwart Projects Private Limited
Stalwart Projects 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 |
|---|---|---|---|---|
| Sharat Kumar Sahu Also directs: Sahu Hotels Pvt Ltd, Stalwart Properties Solutions Private Limited, Annada Estate and Devlopers Private Limited and 2 more | Managing Director | 22 Apr 2016 | 10 Years 5 Months | Current |
| Samina Behera Also directs: Sahu Hotels Pvt Ltd, Stalwart Properties Solutions Private Limited | Whole-Time Director | 01 Aug 2011 | 15 Years 2 Months | Current |
Ownership and Shareholding of Stalwart Projects 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 Stalwart Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2025 | Others | ₹9 Cr | Open |
| 03 Mar 2025 | Uco Bank | ₹11.8 Cr | Open |
| 18 Apr 2024 | State Bank of India | ₹135 Cr | Open |
| 18 May 2022 | Others | ₹4.95 Cr | Open |
| 24 Jun 2021 | Hdfc Bank Limited | ₹15.24 Lakh | Open |
Total charge records: 17 View all charges
Legal Cases of Stalwart Projects Private Limited
Stalwart Projects Private Limited has 23 court cases on record: 7 filed by Stalwart Projects, 16 filed against it. 7 cases are pending and 16 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 12 | 6 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Khurda, Odisha | Court case (EXECUITION CASES) | Filed against the company by an individual | Pending |
| District court, Khurda, Odisha | Civil suit | Filed against the company by an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 23 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.
Associated Brands with Stalwart Projects Private Limited
Stalwart Projects operates one associated brand: Stalwart Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development for residential and commercial spaces in prime locations. | stalwartprojects.in |
Employees and EPFO Compliance at Stalwart Projects Private Limited
Stalwart Projects Private Limited has a workforce of 19 employees as of Apr 09, 2024.
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 Stalwart Projects Private Limited
Stalwart Projects Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Swapna Shilpa ceased to be Director on 03 Nov 2017.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Stalwart Projects 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 Stalwart Projects 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 Stalwart Projects 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 Stalwart Projects Private Limited
Stalwart Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAQCS1757F1ZC | Odisha | Active | 01 Jul 2017 |
| 21AAQCS1757F2ZB | Odisha | Active | 01 Apr 2025 |
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 Stalwart Projects 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 Stalwart Projects Private Limited
Stalwart Projects 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 01 August 2011 (15+ years old) and is registered under CIN U45201OR2011PTC013975.
Stalwart Projects reported revenue of ₹113.09 Cr for FY 2025 (down 23% YoY).
Stalwart Projects has 2 current directors:
- Sharat Kumar Sahu - Managing Director
- Samina Behera - Whole-Time Director
Stalwart Projects reported a net profit of ₹6.57 Cr (net margin 5.8%) and EBITDA of ₹17.38 Cr (EBITDA margin 15.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Stalwart Projects is 51% over three years and 62% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Stalwart Projects is 21AAQCS1757F1ZC, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAQCS1757F2ZB (Odisha).
The CIN (Corporate Identification Number) of Stalwart Projects is U45201OR2011PTC013975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stalwart Projects has 23 court cases on record: 7 filed by the company and 16 filed against it. 7 are pending. Most are in the district courts.
Stalwart Projects was incorporated on 01 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Cuttack.
Swapna Shilpa ceased to be Director on 03 Nov 2017. Satulya Kumar Mohanty ceased to be Director on 22 Apr 2016. Sharat Kumar Sahu was appointed as Managing Director on 22 Apr 2016. Stalwart Projects has 6 board changes on record in total.