
About Sadaaqat Merchants Private Limited
Data last updated:
Sadaaqat Merchants Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51900DL2013PTC255064. Its GSTIN is 07AAMCA0035A1ZD (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Adam Smith Trading Private Limited. It is led by directors Ashish Madan and Kuldeep Ganjoo.
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 Office No 306 & 307 3rd Floor, DLF Place District Centre, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.99 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹84.81 Lakh (net margin -42.6%) and EBITDA of -₹84.21 Lakh (EBITDA margin -42.3%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years and 152% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adamsmith.tv.
Company details
Contact details
Sadaaqat Merchants Private Limited's registered office is in New Delhi, Delhi. Its website is adamsmith.tv. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 306 & 307 3rd Floor, DLF Place District Centre, New Delhi, Delhi, India – 110017
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Sadaaqat Merchants 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 Sadaaqat Merchants is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sadaaqat Merchants Private Limited, buy the company report.
Financials of Sadaaqat Merchants Private Limited
FY 2024 filings availableSadaaqat Merchants Private Limited reported revenue of ₹1.99 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 152% over five years, including 25% growth in the latest year. EBITDA fell 249% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹84.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹84.81 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.3% | ||||
| Net Profit Margin | -42.6% | ||||
| 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 Sadaaqat Merchants Private Limited, buy the company report.
Board of directors of Sadaaqat Merchants Private Limited
Sadaaqat Merchants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Madan Also directs: Adam Smith Associates Private Limited, Tiger Tradexo Private Limited, Omorfee Global Trading Private Limited and 2 more | Director | 08 Jul 2013 | 13 Years 3 Months | Current |
| Kuldeep Ganjoo Also directs: Adam Smith Associates Private Limited, Tiger Tradexo Private Limited, Omorfee Global Trading Private Limited and 2 more | Director | 08 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Sadaaqat Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rubicon Healthcare Private Limited | ₹1.99 Cr (FY 2023) | 6.0% | Amravati, Maharashtra, India | |||
| VK Leads Private Limited | ₹1.99 Cr (FY 2025) | Delhi, India | ||||
| Vibaantta Global Private Limited | ₹1.99 Cr (FY 2025) | 914.0% | Delhi, India | |||
| Bhagwati Chemtrade Private Limited | ₹1.99 Cr (FY 2025) | -37.0% | Ahmedabad, Gujarat, India | |||
| Lifesol Medical India Private Limited | ₹1.99 Cr (FY 2024) | -9.0% | New Delhi, Delhi, India | |||
| Sadaaqat Merchants Private Limitedthis company | ₹1.99 Cr (FY 2025) | -₹84.81 Lakh | -42.6% | 25.0% | New Delhi, Delhi, India | |
| Gokalchand Rattanchand Woollen Mills Pvt Ltd | ₹1.99 Cr (FY 2024) | -31.0% | Mumbai, Maharashtra, India | |||
| Astalakshmi Loyyal Power Tech Private Limited | ₹1.99 Cr (FY 2023) | 13.0% | Chennai, Tamil Nadu, India | |||
| Zapdill Technologies Private Limited | ₹1.99 Cr (FY 2025) | -22.0% | Delhi, India | |||
| Fortune Steel Industries Private Limited | ₹1.99 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Jfi Retail Private Limited | ₹1.99 Cr (FY 2025) | -18.0% | Kottivakkam, Tamil Nadu, India |
To see the full peer comparison of Sadaaqat Merchants Private Limited, buy the company report.
Auditor
Sadaaqat Merchants Private Limited is audited by R TRIVEDI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R TRIVEDI AND ASSOCIATES | FY 2023 | 119875 |
Shareholding
The shareholding of Sadaaqat Merchants 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 Sadaaqat Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sadaaqat Merchants 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 Sadaaqat Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sadaaqat Merchants has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCA0035A1ZD | Delhi | Active | 01 Jul 2017 |
| 07AAMCA0037C1Z7 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sadaaqat Merchants Private Limited, buy the company report.
Recent activity
Sadaaqat Merchants Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Ashish Madan was appointed as Director on 08 Jul 2013.
Frequently asked questions
Sadaaqat Merchants is an active private limited company based in New Delhi, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 July 2013 (13+ years old) and is registered under CIN U51900DL2013PTC255064.
Sadaaqat Merchants has 2 current directors:
- Ashish Madan - Director
- Kuldeep Ganjoo - Director
The latest financial statements of Sadaaqat Merchants 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 Sadaaqat Merchants is 07AAMCA0035A1ZD, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAMCA0037C1Z7 (Delhi).
The CIN (Corporate Identification Number) of Sadaaqat Merchants is U51900DL2013PTC255064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sadaaqat Merchants was incorporated on 08 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Sadaaqat Merchants by revenue are Rubicon Healthcare Private Limited, VK Leads Private Limited, Vibaantta Global Private Limited, Bhagwati Chemtrade Private Limited, Lifesol Medical India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ashish Madan was appointed as Director on 08 Jul 2013. Kuldeep Ganjoo was appointed as Director on 08 Jul 2013.
Sadaaqat Merchants can be reached through the website adamsmith.tv. Its registered office is in New Delhi, Delhi, India.
The registered office of Sadaaqat Merchants is at Office No 306 & 307 3rd Floor, DLF Place District Centre, New Delhi, Delhi, India – 110017.
Sadaaqat Merchants operates in the business outsourcing industry, in the business and IT consulting segment.

