- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0041390

Sagar Power System Private Limited
About Sagar Power System Private Limited
Data last updated:
Sagar Power System Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31101GJ2010PTC059743. Its GSTIN is 24AANCS9778D1ZS (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Neel Healthcare Private Limited. It is led by directors Harsaben Pravinkumar Ramani and Pravinbhai Vallabhdas Ramani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sagar Manufacturers 4 Mani Nagar Nr. Ashok Machine Tools Mavdi Plot, Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.3 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 0.9%) and EBITDA of ₹2.81 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 10% over five years.
Sagar Power System Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0041390). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sagar Power System
Contact details
Sagar Power System Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSagar Manufacturers 4 Mani Nagar Nr. Ashok Machine Tools Mavdi Plot, Rajkot, Gujarat, India – 360004
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Sagar Power System 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 Sagar Power System is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sagar Power System Private Limited, buy the company report.
Financials of Sagar Power System Private Limited
FY 2025 filings availableSagar Power System Private Limited reported revenue of ₹2.3 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 45% growth in the latest year. EBITDA rose 5% 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 |
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| EBITDA | ₹2.81 Lakh | ||||
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| Net Profit (PAT) | ₹2.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Sagar Power System Private Limited, buy the company report.
Board of directors of Sagar Power System Private Limited
Sagar Power System has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsaben Pravinkumar Ramani | Director | 27 Jul 2023 | 3 Years 3 Months | Current |
| Pravinbhai Vallabhdas Ramani Also directs: Panchnath Auto Private Limited | Director | 03 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Sagar Power System Private Limited is audited by SHALENDER KUMAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHALENDER KUMAR & CO | FY 2021 | 027129N |
Shareholding
The shareholding of Sagar Power System Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sagar Power System Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sagar Power System 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 Sagar Power System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sagar Power System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS9778D1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sagar Power System Private Limited, buy the company report.
Recent activity
Sagar Power System Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Amish Kishorbhai Ramani ceased to be Director on 01 Aug 2023.
Frequently asked questions
Sagar Power System is an active private limited company based in Rajkot, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 March 2010 (16+ years old) and is registered under CIN U31101GJ2010PTC059743.
Sagar Power System has 2 current directors:
- Harsaben Pravinkumar Ramani - Director
- Pravinbhai Vallabhdas Ramani - Director
The latest financial statements of Sagar Power System on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sagar Power System is 24AANCS9778D1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Sagar Power System is U31101GJ2010PTC059743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Power System was incorporated on 03 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amish Kishorbhai Ramani ceased to be Director on 01 Aug 2023. Harsaben Pravinkumar Ramani was appointed as Director on 27 Jul 2023. Pravinbhai Vallabhdas Ramani was appointed as Director on 03 Mar 2010.
Yes, Sagar Power System is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0041390).
The registered office of Sagar Power System is at Sagar Manufacturers 4 Mani Nagar Nr. Ashok Machine Tools Mavdi Plot, Rajkot, Gujarat, India – 360004.
Sagar Power System operates in the energy and power industry, in the power equipment manufacturers segment.

