About Sai Projects and Systems Private Limited
Data last updated:
Sai Projects and Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 24 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA2007PTC042920. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹65.61 Lakh. It is led by directors Suresh Babuji Kesavalu (Whole-Time Director) and Gopal Amaravathi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.22/A 3rd Main Road 1st Phase KIADB Industrial Area Peenya, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2021, the company reported a revenue of ₹32.11 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹29.71 Lakh (net margin 92.5%) and EBITDA of ₹59.43 Lakh (EBITDA margin 185.1%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 61% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.6 Lakh and satisfied charges of ₹10.1 Cr on record. Court records list 15 cases involving the company, including 15 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sai-projects.com.
- EmailLocked
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- Website
- Social MediaLocked
- Registered AddressNo.22/A 3rd Main Road 1st Phase KIADB Industrial Area Peenya, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Sai Projects and Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Sai Projects and Systems Private Limited
FY 2021 filings availableSai Projects and Systems Private Limited reported revenue of ₹32.11 Lakh (down 55% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 55% fall in the latest year. EBITDA rose 490% 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹32.11 Lakh | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹59.43 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹29.71 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 185.1% | |
| Net Profit Margin | 92.5% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2016-17 to FY 2019-20, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sai Projects and Systems are in the company report.
: available in the company report
Board of Directors of Sai Projects and Systems Private Limited
Sai Projects and Systems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Amaravathi | Additional Director | 23 Sep 2024 | 2 Years 0 Months | Current |
| Suresh Babuji Kesavalu | Whole-Time Director | 24 May 2007 | 19 Years 4 Months | Current |
Auditor Details
Sai Projects and Systems Private Limited is audited by PADIYAR & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PADIYAR & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2015 | Hdfc Bank Limited | ₹12.43 Lakh | Open |
| 25 Apr 2015 | Hdfc Bank Limited | ₹14.17 Lakh | Open |
| 16 Dec 2011 | Syndicate Bank | ₹8.1 Cr | Satisfied |
| 15 Oct 2011 | Syndicate Bank | ₹1 Cr | Satisfied |
| 31 May 2011 | Syndicate Bank | ₹1 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases
Sai Projects and Systems Private Limited has 15 court cases on record: 15 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Balaji Electro Controls Private Limited | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by M/S. Sew Eurodrive India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Balaji Electro Controls Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| High Court, West Bengal | Court case (EC) | Filed against the company by Magma Fincorp Limited | Disposed |
: available in 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.
Employees and EPFO Compliance
Sai Projects and Systems Private Limited has a workforce of 17 employees as of Apr 04, 2024.
: available in the company report
Recent Activity
Sai Projects and Systems Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Gopal Amaravathi was appointed as Additional Director on 23 Sep 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Sai Projects and Systems has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Sai Projects and Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 24 May 2007 (19+ years old) and is registered under CIN U29150KA2007PTC042920.
Sai Projects and Systems has 2 current directors:
- Suresh Babuji Kesavalu - Whole-Time Director
- Gopal Amaravathi - Additional Director
The latest financial statements of Sai Projects and Systems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Sai Projects and Systems has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sai Projects and Systems is U29150KA2007PTC042920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Projects and Systems has 15 court cases on record: 15 filed against it. 1 is pending. Most are in the district courts.
Sai Projects and Systems was incorporated on 24 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Gopal Amaravathi was appointed as Additional Director on 23 Sep 2024. Suresh Kumar Krishnan ceased to be Whole-Time Director on 30 Nov 2017. Ravi Rangadhama Somandepalli ceased to be Whole-Time Director on 27 Nov 2012. Sai Projects and Systems has 8 board changes on record in total.
Sai Projects and Systems can be reached through the website sai-projects.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sai Projects and Systems is at No.22A 3rd Main Road 1st Phase KIADB Industrial Area Peenya, Bangalore, Karnataka, India – 560058.