Saga Marine Systems Private Limited
About Saga Marine Systems Private Limited
Data last updated:
Saga Marine Systems Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 19 June 1995.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U52599TN1995PTC031909. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Malewar Shalil Shreedhar and Dhamodaran Abitha.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Baab Enclave144/8 Mount Road Madras.600015, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.67 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹2.11 Lakh (net margin -31.6%) and EBITDA of -₹1.35 Lakh (EBITDA margin -20.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
Company details
Contact details
Saga Marine Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBaab Enclave144/8 Mount Road Madras.600015, Chennai, Tamil Nadu, India – 600015
- IndustryService, Information Technology Services
To see the full contact details of Saga Marine 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
Business activity
The main business activity of Saga Marine Systems is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Saga Marine Systems Private Limited, buy the company report.
Financials of Saga Marine Systems Private Limited
FY 2017 filings availableSaga Marine Systems Private Limited reported revenue of ₹6.67 Lakh (down 39% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 230% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.67 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.35 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.11 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -20.3% | ||
| Net Profit Margin | -31.6% | ||
| 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 Saga Marine Systems Private Limited, buy the company report.
Board of directors of Saga Marine Systems Private Limited
Saga Marine Systems has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malewar Shalil Shreedhar | Director | 28 Sep 2005 | 21 Years 1 Months | As last reported |
| Dhamodaran Abitha Also directs: Vitti Technologies LLP | Director | 20 Oct 2012 | 14 Years 0 Months | As last reported |
| Malewar Melita Also directs: Vitti Technologies LLP | Director | 20 Oct 2012 | 14 Years 0 Months | As last reported |
| Krishna Kumar Pandi | Director | 20 Oct 2012 | 14 Years 0 Months | As last reported |
Peer comparison
Saga Marine Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhumika Anmol Private Limited | ₹6.69 Lakh (FY 2025) | Rampura, Haryana, India | ||||
| Cyble Hawk India Private Limited | ₹6.68 Lakh (FY 2023) | -86.0% | Mumbai, Maharashtra, India | |||
| Agolopp Data Solution Private Limited | ₹6.68 Lakh (FY 2020) | 73.0% | District- Bankura, West Bengal, India | |||
| Sautos Infotech Private Limited | ₹6.68 Lakh (FY 2024) | -80.0% | Delhi, India | |||
| Bizz Impact Infotec Private Limited | ₹6.68 Lakh (FY 2019) | -64.0% | Chennai, Tamil Nadu, India | |||
| Saga Marine Systems Private Limitedthis company | ₹6.67 Lakh (FY 2017) | -₹2.11 Lakh | -31.6% | -39.0% | Chennai, Tamil Nadu, India | |
| Maxbridge Solutions Private Limited | ₹6.67 Lakh (FY 2017) | -67.0% | Kolkata, West Bengal, India | |||
| Enlyte Consulting Private Limited | ₹6.66 Lakh (FY 2024) | -91.0% | Kolar, Karnataka, India | |||
| Chandigarh Metromedia Private Limited | ₹6.66 Lakh (FY 2019) | -66.0% | Chandigarh, India | |||
| Morgro Brands Private Limited | ₹6.66 Lakh (FY 2024) | 1167.0% | Magadh, Bihar, India | |||
| Hudda Infotech Private Limited | ₹6.65 Lakh (FY 2017) | -21.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Saga Marine Systems Private Limited, buy the company report.
Auditor
Saga Marine Systems Private Limited is audited by ABRAHAM ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABRAHAM ASSOCIATES | FY 2017 | 007627S |
Shareholding
The shareholding of Saga Marine Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saga Marine Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saga Marine 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 Saga Marine Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saga Marine Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saga Marine Systems Private Limited, buy the company report.
Recent activity
Saga Marine Systems Private Limited has 8 board changes on record since 2005: 4 appointments and 4 cessations. The latest: Dhamodaran Abitha ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Saga Marine Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saga Marine Systems was a private limited company based in Chennai, Tamil Nadu, India. The company worked in information technology services, within the service industry. It was incorporated on 19 June 1995 and is registered under CIN U52599TN1995PTC031909. The company has been struck off by the Registrar of Companies and is no longer operational.
Saga Marine Systems had 4 directors:
- Malewar Shalil Shreedhar - Director
- Dhamodaran Abitha - Director
- Malewar Melita - Director
- Krishna Kumar Pandi - Director
The CIN (Corporate Identification Number) of Saga Marine Systems is U52599TN1995PTC031909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Saga Marine Systems is at Baab Enclave1448 Mount Road Madras.600015, Chennai, Tamil Nadu, India – 600015.
Saga Marine Systems was incorporated on 19 June 1995. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Saga Marine Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Saga Marine Systems has 1 GST registration on record and it is cancelled or inactive.
Saga Marine Systems operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Saga Marine Systems by revenue are Bhumika Anmol Private Limited, Cyble Hawk India Private Limited, Agolopp Data Solution Private Limited, Sautos Infotech Private Limited, Bizz Impact Infotec Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Dhamodaran Abitha ceased to be Additional Director on 30 Sep 2013. Krishna Kumar Pandi ceased to be Additional Director on 30 Sep 2013. Malewar Melita ceased to be Additional Director on 30 Sep 2013. Saga Marine Systems has 8 board changes on record in total.
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