Srikar Solvents Private Limited
About Srikar Solvents Private Limited
Data last updated:
Srikar Solvents Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24100AP2014PTC093292. Its GSTIN is 37AAUCS3798Q1ZV (Andhra Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kumari Maddipatla and Rayappa Subrahmanyam Maddipatla.
Its last annual general meeting (AGM) was held on 29 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 55 – 3 – 45 Hb Colony Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530022.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.04 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹71,515 (net margin 0.7%) and EBITDA of ₹1.15 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Srikar Solvents Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address55 – 3 – 45 Hb Colony Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530022
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Srikar Solvents 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 Srikar Solvents Private Limited
FY 2019 filings availableSrikar Solvents Private Limited reported revenue of ₹1.04 Cr (up 22% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 22% growth in the latest year. EBITDA fell 73% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.04 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71,515 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Srikar Solvents Private Limited, buy the company report.
Board of directors of Srikar Solvents Private Limited
Srikar Solvents has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumari Maddipatla | Director | 04 Mar 2014 | 12 Years 8 Months | Current |
| Rayappa Subrahmanyam Maddipatla | Director | 04 Mar 2014 | 12 Years 8 Months | Current |
Auditor
Srikar Solvents Private Limited is audited by PRAGALLAPATI ANURADHA KRISHNA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAGALLAPATI ANURADHA KRISHNA & ASSOCIATES | FY 2019 | 010395S |
Shareholding
The shareholding of Srikar Solvents Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Srikar Solvents Private Limited, buy the company report.
Legal cases
Srikar Solvents Private Limited has 1 court case on record: 1 filed by Srikar Solvents. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Assistant Commissioner of State Tax and 2 others | Disposed |
To see the full case history of Srikar Solvents Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Srikar Solvents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Srikar Solvents has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAUCS3798Q1ZV | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Srikar Solvents Private Limited, buy the company report.
Recent activity
Srikar Solvents Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Kumari Maddipatla was appointed as Director on 04 Mar 2014.
Frequently asked questions
Srikar Solvents is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U24100AP2014PTC093292.
Srikar Solvents has 2 current directors:
- Kumari Maddipatla - Director
- Rayappa Subrahmanyam Maddipatla - Director
The latest financial statements of Srikar Solvents on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Srikar Solvents is 37AAUCS3798Q1ZV, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Srikar Solvents is U24100AP2014PTC093292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srikar Solvents has 1 court case on record: 1 filed by the company.
Srikar Solvents was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Kumari Maddipatla was appointed as Director on 04 Mar 2014. Rayappa Subrahmanyam Maddipatla was appointed as Director on 04 Mar 2014.
The registered office of Srikar Solvents is at 55 – 3 – 45 Hb Colony Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530022.
Srikar Solvents operates in the chemicals and materials industry, in the chemical distribution and retail segment.
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