Promoter holding
64.27%
SD
Shewalkar Developers Limited - Due diligence report
A 360° intelligence report on Shewalkar Developers Limited: trust score, financial health, credit view, compliance, directors, growth and di…
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Shewalkar Developers Limited — 360° Intelligence Report
Generated from MCA filings & public records88/100
Trust Score
Low Risk
Shewalkar Developers Limited is assessed as Low Risk with a Trust Score of 88/100. Shewalkar Developers Limited is an active public limited indian non-government company incorporated in 1985, operating in the Infrastructure and Utilities sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 28 Jun 2026 from the latest processed filings. Shewalkar Developers Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Elevated gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 7 open (19.10 cr) · 14 satisfied (100.20 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 5 | 48.0 cr |
| Idbi Bank Limited | 3 | 48.0 cr |
| Shikshak Sahakari Bank Limited | 6 | 48.0 cr |
| Ruppe Co Op Bank Ltd | 3 | 48.0 cr |
| Rupee Co Op Bank Ltd | 1 | 48.0 cr |
| Housing Development Finance Corporation Ltd | 1 | 48.0 cr |
Compliance Score: 86/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- 1 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MADHAO GANGADHAR SARPATWAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHUTOSH RAM SHEWALKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANISHA ASHUTOSH SHEWALKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Apala Ashutosh Shewalkar | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 4 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2019 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Key managerial personnel: ASHUTOSH RAM SHEWALKAR (Managing Director) · MANISHA ASHUTOSH SHEWALKAR (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Operating for 40+ years.
Active GST registration(s).
Distress signals & risk flags
7 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence88/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 7 open charge(s) of 19.10 cr already registered.
- Compliance record supports lending.
Investor view86/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events18 Oct 2025
Last AGM held
Annual general meeting
09 Aug 2025
Director appointed
Apala Ashutosh Shewalkar (Additional Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
03 May 2024
Charge satisfied
Others
29 Dec 2023
Charge created
Shikshak Sahakari Bank Limited - 6.00 cr
30 Jun 2023
Charge satisfied
Ruppe Co Op Bank Ltd
Charge satisfied
Rupee Co Op Bank Ltd
29 Sep 2022
Director ceased
SHABBIR AHMED KHAN
Director ceased
MADHAO GANGADHAR SARPATWAR
12 Feb 2022
Director appointed
MADHAO GANGADHAR SARPATWAR (Director)
01 Jul 2021
Charge created
Others - 4.50 cr
24 Oct 2019
Director ceased
CHHAYA RAGHUNATH PANKE
09 Mar 2019
Director ceased
KRUSHNA WASUDEO TARE
17 Feb 2018
Charge created
Others - 4.00 cr
27 Jul 2017
Charge created
Others - 1.15 cr
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Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2019 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
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12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Shewalkar Developers Limited before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Shewalkar Developers Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Shewalkar Developers Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Shewalkar Developers Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Shewalkar Developers Limited - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Shewalkar Developers Limited an active company?
Shewalkar Developers Limited has MCA status “Active” with a compliance score of 86/100 (Low Risk).
Is Shewalkar Developers Limited financially healthy?
Shewalkar Developers Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.
Should I do business with Shewalkar Developers Limited?
Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Shewalkar Developers Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.
Does Shewalkar Developers Limited have loans or charges against its assets?
7 open charge(s) are registered against its assets, and 14 earlier charge(s) stand satisfied.
Is Shewalkar Developers Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).
Is it risky to lend to Shewalkar Developers Limited?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
