About Swastic Projects Pvt Ltd
Data last updated:
Swastic Projects Pvt Ltd is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Swastic Promoters Pvt Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1993PTC059489. Its GSTIN is 19AADCS5305E1ZK (West Bengal).
The company has an authorised share capital of ₹3.76 Cr and a paid-up capital of ₹1.82 Cr. It is led by directors including Satwic Vivek Ruia and Vivek Ruia.
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 21/2 Ballygunge Placep S Gariahat, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.9 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹11.22 Lakh (net margin 1.3%) and EBITDA of ₹47.87 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Swastic Group. As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 1 filed against it; 2 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 swasticgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address21/2 Ballygunge Placep S Gariahat, Kolkata, West Bengal, India – 700019
- 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 Swastic Projects Pvt Ltd
The main business activity of Swastic Projects is real estate. In detail, this covers real estate activities with own or leased property.
| 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 |
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 Swastic Projects Pvt Ltd FY 2024 filings available
Swastic Projects Pvt Ltd reported revenue of ₹8.9 Cr (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Swastic Projects Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 70% fall in the latest year. EBITDA fell 90% 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 Swastic Projects 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 | ₹47.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.22 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 Swastic Projects Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Swastic 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.
Peer Comparison of Swastic Projects Pvt Ltd
Swastic Projects Pvt Ltd is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sterling and Wilson Property Developers Pvt Ltd | ₹8.91 Cr (FY 2025) | •••• | •••• | 2266.0% | •••• | Mumbai, Maharashtra, India |
| Puri Buildwell Private Limited | ₹8.91 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Dada Homes Private Limited | ₹8.91 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Kamptee, Maharashtra, India |
| Daksh Buildcon Private Limited | ₹8.91 Cr (FY 2024) | •••• | •••• | 102.0% | •••• | New Delhi, Delhi, India |
| Ever Given Avenues Private Limited | ₹8.9 Cr (FY 2025) | •••• | •••• | 134.0% | •••• | Hyderabad, Telangana, India |
| Swastic Projects Pvt Ltd this company | ₹8.9 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Kolkata, West Bengal, India |
| Devansh International Private Limited | ₹8.9 Cr (FY 2019) | •••• | •••• | 1492.0% | •••• | Bhavnagar, Gujarat, India |
| Ridhi Sidhi Contractors Private Limited | ₹8.9 Cr (FY 2025) | •••• | •••• | 702.0% | •••• | Ambala, Haryana, India |
| Kalpavriksha Infra Project Private Limited | ₹8.9 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Jodhpur, Rajasthan, India |
| Worldstreet Sports Center Limited | ₹8.89 Cr (FY 2025) | •••• | •••• | 2325.0% | •••• | New Delhi, Delhi, India |
| Mahmood Builders Pvt.Ltd. | ₹8.89 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Telangana, India |
Peers are the five companies nearest above and the five nearest below Swastic Projects by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Swastic Projects Pvt Ltd
Swastic Projects Pvt Ltd is audited by M. Tulsyan & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. Tulsyan & 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 Swastic Projects Pvt Ltd
Swastic Projects has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satwic Vivek Ruia Also directs: Swastic Praniti Private Limited, Gopala Enclave Private Limited, Satvic Projects Pvt.Ltd. and 2 more | Director | 24 Sep 2012 | 14 Years 0 Months | Current |
| Swastic Vivek Ruia Also directs: Gopala Complex Private Limited, Satvic Projects Pvt.Ltd., Sashwat Infraprojects Private Limited and 5 more | Additional Director | 11 Sep 2023 | 3 Years 1 Months | Current |
| Vivek Ruia Also directs: Gopala Complex Private Limited, Swastic Praniti Private Limited, Gopala Enclave Private Limited and 3 more | Director | 16 Sep 1993 | 33 Years 1 Months | Current |
Ownership and Shareholding of Swastic Projects 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 Swastic Projects Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2022 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Swastic Projects Pvt Ltd
Swastic Projects Pvt Ltd has 9 court cases on record: 6 filed by Swastic Projects, 1 filed against it, 2 where it is another party. 2 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 2 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Company is another party | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Appeal | Filed by the company against an individual | Disposed |
| Calcutta High Court | Court case (FMAT) | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Company is another party | Disposed |
Full case history
All 9 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 Swastic Projects Pvt Ltd
Swastic Projects operates one associated brand: Swastic Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focusing on residential and commercial projects in Kolkata since 1984. | swasticgroup.com |
Employees and EPFO Compliance at Swastic Projects Pvt Ltd
Swastic Projects Pvt Ltd has a workforce of 27 employees as of Apr 08, 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 Swastic Projects Pvt Ltd
Swastic Projects Pvt Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Swastic Vivek Ruia was appointed as Additional Director on 11 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Swastic Projects 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 Swastic Projects 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 Swastic Projects 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 Swastic Projects Pvt Ltd
Swastic Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS5305E1ZK | 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 Swastic Projects 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 Swastic Projects Pvt Ltd
Swastic Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 July 1993 (33+ years old) and is registered under CIN U70101WB1993PTC059489.
Swastic Projects reported revenue of ₹8.9 Cr for FY 2025 (down 70% YoY).
Swastic Projects has 3 current directors:
- Satwic Vivek Ruia - Director
- Swastic Vivek Ruia - Additional Director
- Vivek Ruia - Director
Swastic Projects reported a net profit of ₹11.22 Lakh (net margin 1.3%) and EBITDA of ₹47.87 Lakh (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swastic Projects is 8% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swastic Projects is 19AADCS5305E1ZK, registered in West Bengal.
The CIN (Corporate Identification Number) of Swastic Projects is U70101WB1993PTC059489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastic Projects has 9 court cases on record: 6 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Swastic Projects was incorporated on 16 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Swastic Projects by revenue are Sterling and Wilson Property Developers Pvt Ltd, Puri Buildwell Private Limited, Dada Homes Private Limited, Daksh Buildcon Private Limited, Ever Given Avenues Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Swastic Vivek Ruia was appointed as Additional Director on 11 Sep 2023. Sheo Kumar Ruia ceased to be Director on 24 Feb 2020. Satwic Vivek Ruia was appointed as Director on 24 Sep 2012. Swastic Projects has 5 board changes on record in total.