About Swan Mills Private Limited
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Swan Mills Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Swan Energy Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 August 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1979PTC021565.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹24 Lakh. It was formerly known as S M L Holdings Limited and Swan Mills Limited. It is led by directors including Dharmishta Kantilal Tanna and Parool Paresh Merchant.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6 Feltham House 2nd Floor J N Heredia Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹12,000, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹29,000 (net margin -241.7%) and EBITDA of -₹29,000 (EBITDA margin -241.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
The company is associated with 1 brand: Swan Corp. Court records list 56 cases involving the company, including 25 filed by the company and 31 filed against it; 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 swan.co.in.
Company details
Name history
Swan Mills has undergone 2 name changes throughout its history. The company was previously known as S M L Holdings Limited, and Swan Mills Limited. The current legal name is Swan Mills Private Limited.
| Company Name | Status |
|---|---|
| Swan Mills Private Limited | Current |
| S M L Holdings Limited | Previous |
| Swan Mills Limited | Previous |
CIN history
Swan Mills has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17120MH1979PTC021565, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1979PTC021565 | Current |
| U17120MH1979PLC021565 | Previous |
| U67120MH1979PLC021565 | Previous |
| U65991MH1979PLC021565 | Previous |
| U17296MH1979PLC021565 | Previous |
Contact details
Swan Mills Private Limited's registered office is in Mumbai, Maharashtra. Its website is swan.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 Feltham House 2nd Floor J N Heredia Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Swan Mills Private Limited, buy the company report.
- 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
Brands
Swan Mills operates one associated brand: Swan Corp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gas regasification units are developed and operated by the company. | swan.co.in |
Financials of Swan Mills Private Limited
FY 2025 filings availableSwan Mills Private Limited reported revenue of ₹12,000 (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 9% growth in the latest year. EBITDA rose 19% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹29,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29,000 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -241.7% | ||||
| Net Profit Margin | -241.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Swan Mills Private Limited, buy the company report.
Board of directors of Swan Mills Private Limited
Swan Mills has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmishta Kantilal Tanna Also directs: Miri Technologies Private Limited, Ami Tech (India) Private Limited, Swan International Private Limited and 2 more | Director | 07 Aug 1992 | 34 Years 2 Months | Current |
| Parool Paresh Merchant Also directs: Miri Technologies Private Limited, Good Earth Commodities (India) Private Limited, Ami Tech (India) Private Limited and 5 more | Director | 29 May 2024 | 2 Years 5 Months | Current |
| Panna Nikhil Merchant | Director | 29 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Swan Mills Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swan Mills Private Limitedthis company | ₹12,000 (FY 2025) | -₹29,000 | -241.7% | 9.0% | Mumbai, Maharashtra, India | |
| Iris Infratech Private Limited | ₹12,000 (FY 2025) | -56.0% | Delhi, India | |||
| Caremax Initiatives for Social Welfare & Development | ₹12,000 (FY 2022) | -4.0% | Kolkata, West Bengal, India | |||
| CH Satbir Mehlawat Estates Private Limited | ₹12,000 (FY 2025) | Gurgaon, Haryana, India | ||||
| Royal Inframart Private Limited | ₹12,000 (FY 2019) | -50.0% | New Delhi, Delhi, India | |||
| International Infradevelopers Private Limited | ₹12,000 (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| SPG Infratech Private Limited | ₹12,000 (FY 2018) | New Delhi, Delhi, India | ||||
| SHM Projects Private Limited | ₹11,947 (FY 2025) | Gurgaon, Haryana, India | ||||
| Taranya Project Private Limited | ₹11,930 (FY 2020) | -99.0% | Mumbai, Maharashtra, India | |||
| Wonderful Creations & Solutions Private Limited | ₹11,920 (FY 2024) | -35.0% | Indore, Madhya Pradesh, India | |||
| Goldennest Business Solution Private Limited | ₹11,903 (FY 2022) | -85.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Swan Mills Private Limited, buy the company report.
Auditor
Swan Mills Private Limited is audited by V.R. Renuka & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.R. Renuka & Co | FY 2023 | 108826W |
Shareholding
The shareholding of Swan Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swan Mills Private Limited, buy the company report.
Legal cases
Swan Mills Private Limited has 56 court cases on record: 25 filed by Swan Mills, 31 filed against it. 1 case is pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 19 | 1 |
| Supreme Court | 17 | 9 | 0 |
| High courts | 9 | 3 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Shaan Leisure Limited and 1 other | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against Shaan Leisure Limited and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against Shaan Leisure Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by Garment Enterprises Ltd. | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Tropicana Properties Ltd. | Disposed |
To see the full case history of Swan Mills Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swan Mills Private 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 Swan Mills Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swan Mills Private Limited has 8 board changes on record since 1992: 5 appointments and 3 cessations. The latest: Nikhil Vasantlal Merchant ceased to be Director on 29 May 2024.
News
Frequently asked questions
Swan Mills is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 August 1979 (47+ years old) and is registered under CIN U17120MH1979PTC021565.
Swan Mills has 3 current directors:
- Dharmishta Kantilal Tanna - Director
- Parool Paresh Merchant - Director
- Panna Nikhil Merchant - Director
The latest financial statements of Swan Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swan Mills is U17120MH1979PTC021565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swan Mills has 56 court cases on record: 25 filed by the company and 31 filed against it. 1 is pending. Most are in the district courts.
Swan Mills was incorporated on 17 August 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swan Mills by revenue are Iris Infratech Private Limited, Caremax Initiatives for Social Welfare & Development, CH Satbir Mehlawat Estates Private Limited, Royal Inframart Private Limited, International Infradevelopers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Nikhil Vasantlal Merchant ceased to be Director on 29 May 2024. Panna Nikhil Merchant was appointed as Director on 29 May 2024. Paresh Vasantlal Merchant ceased to be Director on 29 May 2024. Swan Mills has 8 board changes on record in total.
Swan Mills can be reached through the website swan.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Swan Mills is at 6 Feltham House 2nd Floor J N Heredia Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
Swan Mills operates in the real estate and construction industry, in the real estate builders and developers segment.
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