Saalfo Tech Private Limited - information technology in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U31902KA2016PTC085155 Incorporated 08 January 2016 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.23 Cr
▼ 8% YoY
Net profit · FY 2024
₹20.54 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹1.02 Cr
EBITDA margin 24%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹6.14 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
1
Provident fund records

About Saalfo Tech Private Limited

Data last updated:

Saalfo Tech Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 08 January 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31902KA2016PTC085155. Its GSTIN is 29AAWCS6278F1ZG (Karnataka).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Amir Sadan Saifulla (Whole-Time Director) and Ahmed Ali Khan (Whole-Time Director).

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 No. 123 – 127 Metagalli Industrial Area, Mysore, Karnataka, India – 570016.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.23 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹20.54 Lakh (net margin 4.9%) and EBITDA of ₹1.02 Cr (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.14 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company; 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 saalfo.com.

Company Details of Saalfo Tech Private Limited
CIN U31902KA2016PTC085155
Registration Number 085155
Incorporation Date 08 January 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    No. 123 – 127 Metagalli Industrial Area, Mysore, Karnataka, India – 570016
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Saalfo Tech Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Saalfo Tech Private Limited

The main business activity of Saalfo Tech is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
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Financials of Saalfo Tech Private Limited FY 2024 filings available

Saalfo Tech Private Limited reported revenue of ₹4.23 Cr (down 8% YoY) for FY 2024.

Revenue · FY 2024
₹4.23 Cr ▼ 8%
Net profit · FY 2024
₹20.54 Lakh margin 4.9%
EBITDA · FY 2024
₹1.02 Cr margin 24%

Compounded Annual Growth Rate (CAGR) of Saalfo Tech Private Limited

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 21%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 29%
5 years · compounded
▲ 20%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 15% 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 of Saalfo Tech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.02 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹20.54 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 of Saalfo Tech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin24%••••••••••••••••
Net Profit Margin4.9%••••••••••••••••
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 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 Saalfo Tech are in the company report.

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Financial statements from FY 2016

Earlier years and trend charts are in the company report.

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Peer Comparison of Saalfo Tech Private Limited

Saalfo Tech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Signext Display Systems Private Limited••••••••••••••••-Navi Mumbai, Maharashtra, India
Mingji Technologies Private Limited••••••••••••••••-Ghaziabad, Uttar Pradesh, India
Multitech System Industrial Automation Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Adon International Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Fab Consultants and Engineers Private Ltd••••••••••••••••-Ghaziabad, Uttar Pradesh, India
Saalfo Tech Private Limited this company••••••••••••••••-Mysore, Karnataka, India
Ottonomy Io Private Limited••••••••••••••••-Gautam Buddha Nagar, Uttar Pradesh, India
Truliant Consulting Private Limited••••••••••••••••-Noida, Uttar Pradesh, India
Edisonbro Smart Labs Private Limited••••••••••••••••-Bangalore, Karnataka, India
Robomania India Private Limited••••••••••••••••-Coimbatore, Tamil Nadu, India
Aisue Packaging Private Limited••••••••••••••••-Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Saalfo Tech by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Saalfo Tech Private Limited

Saalfo Tech Private Limited is audited by B.P.RAO & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
B.P.RAO & CO.LockedLockedLocked
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Board of Directors of Saalfo Tech Private Limited

Saalfo Tech has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohammed Usman Mohammed Hussain ChadkhanDirector28 Nov 20205 Years 10 MonthsCurrent
Mohammed Abrar HadiDirector09 Sep 20233 Years 0 MonthsCurrent
Amir Sadan SaifullaWhole-Time Director08 Jan 201610 Years 8 MonthsCurrent
Ahmed Ali KhanWhole-Time Director08 Jan 201610 Years 8 MonthsCurrent
Fouzan Raheel SaifullaWhole-Time Director08 Jan 201610 Years 8 MonthsCurrent

Ownership and Shareholding of Saalfo Tech Private Limited

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Charges & Borrowings of Saalfo Tech Private Limited

Open charges
₹6.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹3.00 Cr
Karnataka State Financial Corporation₹1.72 Cr
State Bank of India₹1.18 Cr
Hdfc Bank Limited₹0.24 Cr
Latest charge details
DateLenderAmountStatus
06 May 2024Karnataka State Financial Corporation₹52 LakhOpen
10 Oct 2023Indian Bank₹3 CrOpen
01 Mar 2023Karnataka State Financial Corporation₹20 LakhOpen
05 Jul 2022Hdfc Bank Limited₹17.5 LakhOpen
01 Jan 2021Karnataka State Financial Corporation₹1 CrOpen

Total charge records: 7 View all charges

Employees and EPFO Compliance at Saalfo Tech Private Limited

Saalfo Tech Private Limited has a workforce of 1 employees as of Mar 30, 2024.

Employee count
1
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Saalfo Tech Private Limited

Saalfo Tech Private Limited has 5 board changes on record since 2016: 5 appointments. The latest: Mohammed Abrar Hadi was appointed as Director on 09 Sep 2023.

AGM
Saalfo Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 0.52 Cr with Charge ID 100963490 was registered on 06 May 2024.
Filing
Saalfo Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Indian Bank amounted to Rs. 3.00 Cr with Charge ID 100815213 was registered on 10 Oct 2023.
Appointed
Mohammed Abrar Hadi was appointed as Director.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 0.20 Cr with Charge ID 100716235 was registered on 01 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100595519 was registered on 05 Jul 2022.
Charges
A charge with State Bank Of India of Rs. 1.18 Cr registered on 05 Aug 2016 with Charge ID 100049674 was modified on 30 Jun 2021.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 1.00 Cr with Charge ID 100404458 was registered on 01 Jan 2021.
Appointed
Mohammed Usman Mohammed Hussain Chadkhan was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100240311 was registered on 24 Sep 2018.
Charges
A charge with State Bank Of India amounted to Rs. 1.18 Cr with Charge ID 100049674 was registered on 05 Aug 2016.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Saalfo Tech Private Limited

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MSME Payment Delays by Saalfo Tech Private Limited

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Subsidiaries & Group Companies of Saalfo Tech Private Limited

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GST Compliance of Saalfo Tech Private Limited

Saalfo Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAWCS6278F1ZGKarnatakaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Saalfo Tech Private Limited

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Frequently Asked Questions about Saalfo Tech Private Limited

Saalfo Tech is an active private limited company based in Mysore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 08 January 2016 (10+ years old) and is registered under CIN U31902KA2016PTC085155.

Saalfo Tech reported revenue of ₹4.23 Cr for FY 2024 (down 8% YoY).

Saalfo Tech has 5 current directors:

Saalfo Tech reported a net profit of ₹20.54 Lakh (net margin 4.9%) and EBITDA of ₹1.02 Cr (EBITDA margin 24%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Saalfo Tech is 21% over three years and 13% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Saalfo Tech is 29AAWCS6278F1ZG, registered in Karnataka.

The CIN (Corporate Identification Number) of Saalfo Tech is U31902KA2016PTC085155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saalfo Tech has 2 court cases on record: 1 filed by the company. 1 is pending.

Saalfo Tech was incorporated on 08 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Saalfo Tech by revenue are Signext Display Systems Private Limited, Mingji Technologies Private Limited, Multitech System Industrial Automation Private Limited, Adon International Private Limited, Fab Consultants and Engineers Private Ltd and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).

Mohammed Abrar Hadi was appointed as Director on 09 Sep 2023. Mohammed Usman Mohammed Hussain Chadkhan was appointed as Director on 28 Nov 2020. Ahmed Ali Khan was appointed as Whole-Time Director on 08 Jan 2016. Saalfo Tech has 5 board changes on record in total.

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