Safal Systems Private Limited
About Safal Systems Private Limited
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Safal Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 29 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2000PTC125466. Its GSTIN is 27AAOCS2725B1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹57.5 Lakh. It is led by directors Suhas Krishnarao Khedekar and Rajkumar Ram Charitra Dubey.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.65 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹1.7 Lakh (net margin -64%) and EBITDA of -₹2.58 Lakh (EBITDA margin -97.4%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Safal Systems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala No.33 J – Wing 3rd Floor Tex Centre Chandivali Sakinaka Andher, I(E), Mumbai, Maharashtra, India – 400072
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Safal Systems 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
Financials of Safal Systems Private Limited
FY 2024 filings availableSafal Systems Private Limited reported revenue of ₹2.65 Lakh (down 92% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 92% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.65 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -97.4% | ||||
| Net Profit Margin | -64% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Safal Systems Private Limited, buy the company report.
Board of directors of Safal Systems Private Limited
Safal Systems has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Krishnarao Khedekar | Director | 27 Nov 2021 | 4 Years 10 Months | Current |
| Rajkumar Ram Charitra Dubey | Director | 27 Nov 2021 | 4 Years 10 Months | Current |
Auditor
Safal Systems Private Limited is audited by SAURABH R JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAURABH R JAIN & CO. | FY 2023 | 146358W |
Shareholding
The shareholding of Safal Systems 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 Safal Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Safal Systems 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 Safal Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Safal Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS2725B1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safal Systems Private Limited, buy the company report.
Recent activity
Safal Systems Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Anupama Agarwal ceased to be Director on 29 Nov 2021.
Frequently asked questions
Safal Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 29 March 2000 (26+ years old) and is registered under CIN U72100MH2000PTC125466.
Safal Systems has 2 current directors:
- Suhas Krishnarao Khedekar - Director
- Rajkumar Ram Charitra Dubey - Director
The latest financial statements of Safal Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Safal Systems is 27AAOCS2725B1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Safal Systems is U72100MH2000PTC125466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safal Systems was incorporated on 29 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Anupama Agarwal ceased to be Director on 29 Nov 2021. Manas Ashok Agarwal ceased to be Director on 29 Nov 2021. Rajkumar Ram Charitra Dubey was appointed as Director on 27 Nov 2021. Safal Systems has 9 board changes on record in total.
The registered office of Safal Systems is at Gala No.33 J – Wing 3rd Floor Tex Centre Chandivali Sakinaka Andher, IE, Mumbai, Maharashtra, India – 400072.
Safal Systems operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Safal Systems is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.