Saachin Floritech Limited
About Saachin Floritech Limited
Data last updated:
Saachin Floritech Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the floriculture segment of the agriculture sector. It was incorporated on 28 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01113TG1994PLC018838.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹4.55 Cr. It is led by directors including Ranga Rao Tummala (Managing Director) and Bhanumathi Devi Tummala.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No.216 – B Mla'S & Mp'S Colony Road No.10 – C Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2017, the company reported a revenue of ₹10,500, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹6.47 Lakh and EBITDA of -₹7,200 (EBITDA margin -68.6%).
As per MCA filings, the company has open charges of ₹1.44 Cr and satisfied charges of ₹4.75 Cr on record. 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
CIN history
Saachin Floritech has one previous CIN (Corporate Identification Number): U01113AP1994PLC018838. The current CIN is U01113TG1994PLC018838, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01113TG1994PLC018838 | Current |
| U01113AP1994PLC018838 | Previous |
Contact details
Saachin Floritech Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.216 – B Mla'S & Mp'S Colony Road No.10 – C Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryAgriculture, Floriculture
To see the full contact details of Saachin Floritech 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 Saachin Floritech Limited
FY 2017 filings availableSaachin Floritech Limited reported revenue of ₹10,500 (down 17% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA fell 58% in the latest 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 | ₹10,500 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹7,200 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.47 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 | -68.6% | ||
| Net Profit Margin | |||
| 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 Saachin Floritech Limited, buy the company report.
Board of directors of Saachin Floritech Limited
Saachin Floritech has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhanumathi Devi Tummala | Director | 29 Apr 2010 | 16 Years 5 Months | Current |
| Ranga Rao Tummala | Managing Director | 28 Nov 1994 | 31 Years 10 Months | Current |
| Vijaya Krishna Nallagandla | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
| Rangaprasad Veeramachaneni Also directs: Vnorth Collective LLP | Director | 28 Nov 1994 | 31 Years 10 Months | Current |
Peer comparison
Saachin Floritech Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Floriculture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Superfine Floriculture Private Limited | ₹26,000 (FY 2025) | -26.0% | Ahmednagar, Maharashtra, India | |||
| Indo Holland Herbs and Spices Private Limited | ₹25,500 (FY 2024) | 62.0% | New Delhi, Delhi, India | |||
| D K Floriculture Pvt Ltd | ₹19,686 (FY 2025) | -89.0% | Gurgaon, Haryana, India | |||
| Jerbera Floriculture Private Limited | ₹19,459 (FY 2023) | Pune, Maharashtra, India | ||||
| Priya Floriculture (India ) Private Limited | ₹13,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Saachin Floritech Limitedthis company | ₹10,500 (FY 2017) | -₹6.47 Lakh | -17.0% | Hyderabad, Telangana, India | ||
| Varnum Floriculture Private Limited | ₹5,500 (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| H R B Floriculture Limited | ₹3,300 (FY 2023) | -99.0% | Jaipur, Rajasthan, India | |||
| A P Landprop Private Limited | ₹2,490 (FY 2025) | -100.0% | Delhi, India | |||
| Alchemist Limited | ₹1,470 (FY 2020) | -100.0% | Delhi, India | |||
| Srishivaparvathinandanaguru Exports and Services Private Limited | ₹1,000 (FY 2025) | Machilipatnam, Andhra Pradesh, India |
To see the full peer comparison of Saachin Floritech Limited, buy the company report.
Auditor
Saachin Floritech Limited is audited by RAMBABU & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMBABU & CO | FY 2017 | 002976S |
Shareholding
The shareholding of Saachin Floritech Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Saachin Floritech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Sep 1998 | 90259806 | Industrial Development Bank of India | ₹44.25 Lakh | Open | |
| 05 Jul 1996 | 90258203 | National Hoticulture Board | ₹1 Cr | Open | |
| 19 Sep 1997 | 90258336 | Industrial Development Bank of India | ₹75 Lakh | Satisfied | |
| 14 Feb 1996 | 90258164 | Industrial Development Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Saachin Floritech Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Saachin Floritech Limited has 1 court case on record: 1 filed by Saachin Floritech. 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, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Saachin Floritech 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 Saachin Floritech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Saachin Floritech Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saachin Floritech Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Vijaya Krishna Nallagandla was appointed as Director on 02 Apr 2012.
5 earlier events are in the company report.
Frequently asked questions
Saachin Floritech is an active public limited company based in Hyderabad, Telangana, India. The company works in floriculture, within the agriculture industry. It was incorporated on 28 November 1994 (32+ years old) and is registered under CIN U01113TG1994PLC018838.
Saachin Floritech has 4 current directors:
- Ranga Rao Tummala - Managing Director
- Bhanumathi Devi Tummala - Director
- Vijaya Krishna Nallagandla - Director
- Rangaprasad Veeramachaneni - Director
The latest financial statements of Saachin Floritech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saachin Floritech is U01113TG1994PLC018838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saachin Floritech has 1 court case on record: 1 filed by the company.
Saachin Floritech was incorporated on 28 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Saachin Floritech by revenue are Superfine Floriculture Private Limited, Indo Holland Herbs and Spices Private Limited, D K Floriculture Pvt Ltd, Jerbera Floriculture Private Limited, Priya Floriculture (India ) Private Limited and 5 more, all in the Agriculture industry (Floriculture).
Vijaya Krishna Nallagandla was appointed as Director on 02 Apr 2012. Sreenivasa Rao Kodali ceased to be Director on 31 Mar 2012. Bhanumathi Devi Tummala was appointed as Director on 29 Apr 2010. Saachin Floritech has 5 board changes on record in total.
The registered office of Saachin Floritech is at Plot No.216 – B MlaS & MpS Colony Road No.10 – C Jubilee Hills, Hyderabad, Telangana, India – 500033.
Saachin Floritech operates in the agriculture industry, in the floriculture segment.
Saachin Floritech has open charges of ₹1.44 Cr and satisfied charges of ₹4.75 Cr as per latest MCA filings.