
About Swadha Nature Limited
Data last updated:
Swadha Nature Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L01100GJ1992PLC170259. It is a listed company as per MCA records. Its shares are listed on BSE: 531039.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.09 Cr. It was formerly known as Ms Securities Limited. It is led by directors including Dipakkumar Hasmukhlal Shah (Managing Director) and Pulkit Prakashchandra Shah.
Its last annual general meeting (AGM) was held on 28 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 4 Jalaram Park, Ahmedabad, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1 Lakh, a decline of 88.9% compared to the previous year. For the same year it recorded a net loss of ₹14 Lakh and EBITDA of -₹14 Lakh. The net worth stands at ₹53 Lakh (down 23.2% YoY). Total assets are valued at ₹66 Lakh (down 29% YoY).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mssl.co.in.
Company details
CIN history
Swadha Nature has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L01100GJ1992PLC170259, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L01100GJ1992PLC170259 | Current |
| L08032BR1992PLC004781 | Previous |
| L01100BR1992PLC004781 | Previous |
Contact details
Swadha Nature Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address50/4 Jalaram Park, Bhairavnath Road Pushpkunj Maninagar, Ahmedabad, Gujarat, India – 380008
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Business activity
The main business activity of Swadha Nature is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities |
To see the full business activity and turnover split of Swadha Nature Limited, buy the company report.
Financials of Swadha Nature Limited
FY 2025-26 filings availableSwadha Nature Limited reported revenue of ₹1 Lakh (down 88.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.01 | 0.09 | 0.05 | 0.08 | 0.00 | 0.00 | 0.00 |
| Revenue growth | -88.9% | +80.0% | -37.5% | - | - | - | - |
| EBITDA | (0.14) | (0.04) | (0.07) | 0.00 | (0.17) | (0.12) | (0.38) |
| EBITDA margin | -1400.0% | -44.4% | -140.0% | 0.0% | - | - | - |
| Profit before tax | (0.13) | (0.04) | 0.04 | 0.02 | (0.16) | (0.11) | (0.37) |
| Net profit | (0.14) | (0.03) | (0.07) | 0.01 | (0.16) | (0.11) | (0.37) |
| Net profit margin | -1400.0% | -33.3% | -140.0% | +12.5% | - | - | - |
| EPS (₹) | (0.32) | (0.06) | 0.04 | 0.02 | (0.37) | (0.28) | (0.91) |
| Balance sheet | |||||||
| Total assets | 0.66 | 0.93 | 1.35 | 1.09 | 0.63 | 0.68 | 0.64 |
| Net worth | 0.53 | 0.69 | 0.72 | 0.63 | 0.63 | 0.68 | 0.63 |
| Total debt | 0.13 | 0.24 | 0.63 | 0.46 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.30 | 0.37 | 0.21 | 0.46 | 0.03 | 0.01 | 0.01 |
| Net working capital | 0.63 | 0.85 | 1.08 | 0.83 | 0.34 | 0.45 | 0.45 |
| Cash flow | |||||||
| Cash from operations | (0.03) | 0.36 | (0.58) | (0.07) | (0.04) | (0.13) | (0.38) |
| Cash from investing | 0.07 | 0.19 | 0.16 | 0.04 | 0.05 | 0.12 | 0.25 |
| Cash from financing | (0.11) | (0.39) | 0.17 | 0.46 | 0.00 | 0.00 | 0.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 |
| Revenue growth (YoY) | - | -100.0% | - | -100.0% | -100.0% | -85.7% | - | - |
| Other income | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 |
| Total expenses | 0.03 | 0.07 | 0.07 | 0.01 | 0.01 | 0.05 | 0.05 | 0.01 |
| EBITDA | (0.03) | (0.07) | (0.07) | (0.01) | (0.01) | (0.04) | (0.05) | 0.00 |
| EBITDA margin | - | - | - | - | - | -400.0% | - | 0.0% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.03) | (0.07) | (0.06) | (0.01) | (0.01) | (0.04) | (0.06) | 0.00 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 |
| Revenue growth (YoY) | - | -100.0% | - | -100.0% | -100.0% | -85.7% | - | - |
| Other income | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 |
| Total expenses | 0.03 | 0.07 | 0.07 | 0.01 | 0.01 | 0.05 | 0.05 | 0.01 |
| EBITDA | (0.03) | (0.07) | (0.07) | (0.01) | (0.01) | (0.04) | (0.05) | 0.00 |
| EBITDA margin | - | - | - | - | - | -400.0% | - | 0.0% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.03) | (0.07) | (0.06) | (0.01) | (0.01) | (0.04) | (0.06) | 0.00 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.01 | 0.09 | 0.05 | 0.08 | 0.00 | 0.00 | 0.00 |
| Revenue growth | -88.9% | +80.0% | -37.5% | - | - | - | - |
| Other income | 0.01 | 0.00 | 0.11 | 0.02 | 0.01 | 0.01 | 0.01 |
| Total expenses | 0.15 | 0.13 | 0.12 | 0.08 | 0.17 | 0.12 | 0.38 |
| Employee cost | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.05 | 0.12 |
| EBITDA | (0.14) | (0.04) | (0.07) | 0.00 | (0.17) | (0.12) | (0.38) |
| EBITDA margin | -1400.0% | -44.4% | -140.0% | 0.0% | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.13) | (0.04) | 0.04 | 0.02 | (0.16) | (0.11) | (0.37) |
| Tax | 0.00 | (0.01) | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (0.14) | (0.03) | (0.07) | 0.01 | (0.16) | (0.11) | (0.37) |
| Net profit margin | -1400.0% | -33.3% | -140.0% | +12.5% | - | - | - |
| EPS (₹) | (0.32) | (0.06) | 0.04 | 0.02 | (0.37) | (0.28) | (0.91) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.09 | 4.09 | 4.17 | 4.17 | 4.17 | 4.17 | 4.17 |
| Reserves & surplus | (3.56) | (3.40) | (3.45) | (3.54) | (3.54) | (3.49) | (3.54) |
| Shareholders' funds (net worth) | 0.53 | 0.69 | 0.72 | 0.63 | 0.63 | 0.68 | 0.63 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.13 | 0.24 | 0.63 | 0.46 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.13 | 0.24 | 0.63 | 0.46 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 0.66 | 0.93 | 1.35 | 1.09 | 0.63 | 0.68 | 0.64 |
| Assets | |||||||
| Gross block | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Net block | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.03 | 0.08 | 0.28 | 0.26 | 0.29 | 0.23 | 0.18 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.30 | 0.37 | 0.21 | 0.46 | 0.03 | 0.01 | 0.01 |
| Loans & advances | 0.33 | 0.48 | 0.89 | 0.53 | 0.47 | 0.47 | 0.47 |
| Total current assets | 0.63 | 0.85 | 1.10 | 0.99 | 0.50 | 0.48 | 0.48 |
| Total current liabilities | 0.00 | 0.00 | 0.02 | 0.16 | 0.16 | 0.03 | 0.03 |
| Net working capital | 0.63 | 0.85 | 1.08 | 0.83 | 0.34 | 0.45 | 0.45 |
| Total assets | 0.66 | 0.93 | 1.35 | 1.09 | 0.63 | 0.68 | 0.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.37 | 0.21 | 0.46 | 0.03 | 0.01 | 0.01 | 0.14 |
| Net cash from operating activities | (0.03) | 0.36 | (0.58) | (0.07) | (0.04) | (0.13) | (0.38) |
| Net cash from investing activities | 0.07 | 0.19 | 0.16 | 0.04 | 0.05 | 0.12 | 0.25 |
| Net cash from financing activities | (0.11) | (0.39) | 0.17 | 0.46 | 0.00 | 0.00 | 0.00 |
| Net change in cash | (0.07) | 0.16 | (0.25) | 0.43 | 0.02 | (0.01) | (0.13) |
| Closing cash | 0.30 | 0.37 | 0.21 | 0.46 | 0.03 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -88.9% | +80.0% | -37.5% | - | - | - | - |
| EBITDA growth | -250.0% | +42.9% | - | +100.0% | -41.7% | +68.4% | - |
| PBT growth | -225.0% | - | +100.0% | +9998.0% | -45.5% | +70.3% | +22.9% |
| Net income growth | -366.7% | +57.1% | -800.0% | +106.3% | -45.5% | +70.3% | - |
| Revenue CAGR (3Y) | -50.0% | - | - | - | - | -100.0% | -100.0% |
| EBITDA CAGR (3Y) | - | -38.3% | -16.5% | -100.0% | -30.7% | -7.2% | +68.1% |
| Profitability & leverage | |||||||
| Net income margin | -1300.0% | -33.3% | +40.0% | +25.0% | - | - | - |
| Return on capital employed | 0.0% | 0.0% | -1.7% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | -1.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.30 | 0.62 | 0.81 | 0.37 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.30 | 0.62 | 0.81 | 0.37 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.00 | 9.00 | 5.00 | 8.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (0.32) | (0.06) | 0.04 | 0.02 | (0.37) | (0.28) | (0.91) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 1.29 | 1.69 | 1.72 | 1.53 | 1.51 | 1.62 | 1.53 |
To see the full year-wise statements and ratios of Swadha Nature Limited, buy the company report.
Board of directors of Swadha Nature Limited
Swadha Nature has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulkit Prakashchandra Shah Also directs: Devrup Trading Limited | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Rohitkumar Jasvantlal Parikh | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Dipakkumar Hasmukhlal Shah | Managing Director | 25 Apr 2023 | 3 Years 6 Months | Current |
| Rima Chirag Nanavati Also directs: Nature Green Agri Private Limited, Legisbridge Consultancy Limited | Director | 10 Feb 2023 | 3 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving Swadha Nature Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swadha Nature Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swadha Nature Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swadha Nature Limited has 10 board changes on record since 2022: 4 appointments and 6 cessations. The latest: Sanjeev Kumar Saraf ceased to be Director on 10 Oct 2025.
1 earlier event is in the company report.
Frequently asked questions
Swadha Nature is an active public limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 February 1992 (34+ years old) and is registered under CIN L01100GJ1992PLC170259. Listed on BSE: 531039.
Swadha Nature reported revenue of ₹1 Lakh for FY 2025-26 (down 88.9% YoY) based on standalone financials.
Swadha Nature has 4 current directors:
- Dipakkumar Hasmukhlal Shah - Managing Director
- Pulkit Prakashchandra Shah - Director
- Rohitkumar Jasvantlal Parikh - Director
- Rima Chirag Nanavati - Director
The latest financial statements of Swadha Nature on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 May 2026. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swadha Nature is L01100GJ1992PLC170259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Swadha Nature is a listed company as per MCA records. Its shares are listed on BSE (code: 531039).
Swadha Nature was incorporated on 12 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sanjeev Kumar Saraf ceased to be Director on 10 Oct 2025. Manoj Kumar Saraf ceased to be Managing Director on 18 Feb 2025. Kalindi Arun Sampat ceased to be Director on 08 Jul 2024. Swadha Nature has 10 board changes on record in total.
Swadha Nature can be reached through the website mssl.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Swadha Nature is at 504 Jalaram Park, Bhairavnath Road Pushpkunj Maninagar, Ahmedabad, Gujarat, India – 380008.

