
Triwave Developers Private Limited
About Triwave Developers Private Limited
Data last updated:
Triwave Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the building construction segment of the construction sector. It was incorporated on 04 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70102WB2015PTC208629.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pallavi Dhoot Jalan and Ravi Khaitan.
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 Diamond Harbour Road Post – Joka P.S. – Bishnupur, Kolkata, West Bengal, India – 700104.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.42 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Lakh (net margin 53.6%) and EBITDA of ₹2.45 Lakh (EBITDA margin 71.6%). Revenue has grown at a compounded annual rate (CAGR) of 176% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Triwave Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDiamond Harbour Road Post – Joka P.S. – Bishnupur, Kolkata, West Bengal, India – 700104
- IndustryConstruction, Buildings
To see the full contact details of Triwave Developers 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
Business activity
The main business activity of Triwave Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Triwave Developers Private Limited, buy the company report.
Financials of Triwave Developers Private Limited
FY 2025 filings availableTriwave Developers Private Limited reported revenue of ₹3.42 Lakh (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 176%. EBITDA fell 34% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.83 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.6% | ||||
| Net Profit Margin | 53.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Triwave Developers Private Limited, buy the company report.
Board of directors of Triwave Developers Private Limited
Triwave Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Dhoot Jalan | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
| Ravi Khaitan Also directs: Bhavsagar Niwas Private Limited, Linton Towers Private Limited, Motilal Hirise Private Limited and 5 more | Director | 04 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Triwave Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mishan Infraproperties Private Limited | ₹3.42 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Quatre Realcon Private Limited | ₹3.42 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Avocado Construction Private Limited | ₹3.42 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Shivpariwar Enclave Private Limited | ₹3.42 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Superwell Real Estates Private Limited | ₹3.42 Lakh (FY 2025) | -38.0% | Kolkata, West Bengal, India | |||
| Triwave Developers Private Limitedthis company | ₹3.42 Lakh (FY 2025) | ₹1.83 Lakh | 53.6% | -37.0% | Kolkata, West Bengal, India | |
| Kesuri Realty Private Limited | ₹3.42 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Panchlok Realtors Private Limited | ₹3.42 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Lossen Realty Private Limited | ₹3.42 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Shrawan Hirise Private Limited | ₹3.42 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Prevail Infracon Private Limited | ₹3.42 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Triwave Developers Private Limited, buy the company report.
Auditor
Triwave Developers Private Limited is audited by G CHOUDHURY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G CHOUDHURY & ASSOCIATES | FY 2017 | 310003E |
Shareholding
The shareholding of Triwave Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Triwave Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Triwave Developers Private 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 Triwave Developers 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 Triwave Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Triwave Developers Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Ravi Khaitan ceased to be Additional Director on 27 Sep 2022.
Frequently asked questions
Triwave Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in buildings, within the construction industry. It was incorporated on 04 December 2015 (11+ years old) and is registered under CIN U70102WB2015PTC208629.
Triwave Developers has 2 current directors:
- Pallavi Dhoot Jalan - Director
- Ravi Khaitan - Director
The latest financial statements of Triwave Developers 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Triwave Developers is U70102WB2015PTC208629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Triwave Developers was incorporated on 04 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Triwave Developers by revenue are Mishan Infraproperties Private Limited, Quatre Realcon Private Limited, Avocado Construction Private Limited, Shivpariwar Enclave Private Limited, Superwell Real Estates Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Ravi Khaitan ceased to be Additional Director on 27 Sep 2022. Ravi Khaitan was appointed as Director on 04 Oct 2021. Shanti Singhania Devi ceased to be Director on 04 Oct 2021. Triwave Developers has 6 board changes on record in total.
The registered office of Triwave Developers is at Diamond Harbour Road Post – Joka P.S. – Bishnupur, Kolkata, West Bengal, India – 700104.
Triwave Developers operates in the construction industry, in the buildings segment.
The compliance status of Triwave Developers is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
Triwave Developers can be reached at its registered office: Diamond Harbour Road Post – Joka P.S. – Bishnupur, Kolkata, West Bengal, India – 700104.