About Saarloha Advanced Materials Private Limited
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Saarloha Advanced Materials Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Ksl Holdings Private Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 24 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27105PN1998PTC012724. Its GSTIN is 24AABCK1779L1ZA (Gujarat). The company holds 12 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹30.05 Cr. It was formerly known as Polaris Advance Materials Private Limited and Supremo Advanced Materials Private Limited. It is led by directors Amit Babasaheb Kalyani and Ravindra Kumar Goyal.
Its last annual general meeting (AGM) was held on 16 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 72 – 76 Mundhwa, Pune, Maharashtra, India – 411036.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,922.85 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹196.28 Cr (net margin 10.2%) and EBITDA of ₹299.28 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 404 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saarloha. As per MCA filings, the company has open charges of ₹349 Cr and satisfied charges of ₹549.2 Cr on record. Court records list 33 cases involving the company, including 21 filed by the company and 12 filed against it; 14 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.2 Lakh; the latest was in February 2020. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 5 smaller; the largest is Narbheram Power and Steel Private Limited with revenue of ₹2,027.64 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 96 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saarloha.com.
Company details
Name history
Saarloha Advanced Materials has undergone 8 name changes throughout its history. The current legal name is Saarloha Advanced Materials Private Limited.
| Company Name | Status |
|---|---|
| Saarloha Advanced Materials Private Limited | Current |
| Polaris Advance Materials Private Limited | Previous |
| Supremo Advanced Materials Private Limited | Previous |
| Triumphant Advanced Materials Private Limited | Previous |
| Indian Advance Materials Private Limited | Previous |
| Vajra Advanced Materials Private Limited | Previous |
| Kalyani Carpenter Special Steels Private Limited | Previous |
| Kalyani Carpenter Special Steels Limited | Previous |
CIN history
Saarloha Advanced Materials has one previous CIN (Corporate Identification Number): U27105PN1998PLC012724. The current CIN is U27105PN1998PTC012724, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27105PN1998PTC012724 | Current |
| U27105PN1998PLC012724 | Previous |
Contact details
Saarloha Advanced Materials Private Limited's registered office is in Pune, Maharashtra. Its website is saarloha.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address72 – 76 Mundhwa, Pune, Maharashtra, India – 411036
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Saarloha Advanced Materials 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
Brands
Saarloha Advanced Materials operates one associated brand: Saarloha. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Speciality steel manufacturing and supply for industrial sectors. | saarloha.com |
Business activity
The main business activities of Saarloha Advanced Materials are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Saarloha Advanced Materials Private Limited, buy the company report.
Financials of Saarloha Advanced Materials Private Limited
FY 2024 filings availableSaarloha Advanced Materials Private Limited reported revenue of ₹1,922.85 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 4% 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 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹299.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹196.28 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 10.2% | ||||
| 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 | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Saarloha Advanced Materials Private Limited, buy the company report.
Board of directors of Saarloha Advanced Materials Private Limited
Saarloha Advanced Materials has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Babasaheb Kalyani | Director | 25 Jan 2023 | 3 Years 9 Months | Current |
| Ravindra Kumar Goyal Also directs: Kalyani Steels Ltd, Kalyani Investment Company Limited, The Alloy Steel Producers Association of India and 2 more | Director | 22 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Saarloha Advanced Materials Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Narbheram Power and Steel Private Limited | ₹2,027.64 Cr (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| Synergy Advanced Metals Limited | ₹1,998.26 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Chandan Steel Limited | ₹1,997.46 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Saarloha Advanced Materials Private Limitedthis company | ₹1,922.85 Cr (FY 2025) | ₹196.28 Cr | 10.2% | -1.0% | 404 | Pune, Maharashtra, India |
| Bihar Foundry & Castings Limited | ₹1,917.18 Cr (FY 2025) | 12.0% | Ranchi, Jharkhand, India | |||
| Laxcon Steels Limited | ₹1,915.93 Cr (FY 2025) | 7.0% | Ahmedabad, Gujarat, India | |||
| Nalwa Steel and Power Limited | ₹1,887.43 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Maithan Steel and Power Limited | ₹1,876.96 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Arora Iron and Steel Rolling Mills Private Limited | ₹1,836.77 Cr (FY 2025) | 2.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Saarloha Advanced Materials Private Limited, buy the company report.
Auditor
Saarloha Advanced Materials Private Limited is audited by M/s Kirtane & Pandit LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s Kirtane & Pandit LLP | FY 2023 | 105215W/W100057 |
Shareholding
The shareholding of Saarloha Advanced Materials 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 Saarloha Advanced Materials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101201727 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 22 Mar 2024 | 100901414 | Others | ₹9 Cr | Open | |
| 27 Oct 2001 | 90085908 | Bank of Baroda-Lead Ban | ₹335 Cr | Open | |
| 11 Feb 2021 | 100442590 | The Hongkong and Shanghai Banking Corporation Limited | ₹35 Cr | Satisfied | |
| 16 Aug 2018 | 100212732 | Hdfc Bank Limited | ₹56 Cr | Satisfied |
To see the full charge records of Saarloha Advanced Materials Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Saarloha Advanced Materials Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.2 Lakh; the latest was in February 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Funding round | ₹31.2 Lakh | Investors: Zephyr Engineering and Technology Consultants LLP |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Baramati Speciality Steels Limited , KSL Holdings Private Limited , Kalyani Investment Company Limited Seller: Carpenter Technology Mauritius Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saarloha Advanced Materials Private Limited has 33 court cases on record: 21 filed by Saarloha Advanced Materials, 12 filed against it. 14 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 3 | 10 |
| High courts | 14 | 9 | 4 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COARP) | Filed by the company against Huoban Energy 1 Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited and 2 others | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Pune Cantonment Board Etc | Pending |
To see the full case history of Saarloha Advanced Materials 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.
Credit ratings & regulatory alerts
Saarloha Advanced Materials Private Limited was last rated by Icra on 12 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 12 May 2022 |
To see the full credit ratings and regulatory alerts of Saarloha Advanced Materials Private Limited, buy the company report.
MSME payment delays
Saarloha Advanced Materials Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 96 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 96)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Aim Tech Engineering Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Saarloha Advanced Materials Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Saarloha Advanced Materials Private Limited has a workforce of 404 employees on its EPFO records as of Apr 10, 2024, across 3 active EPFO establishments.
GST
Saarloha Advanced Materials has 12 GST registrations: 7 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCK1779L1ZA | Gujarat | Active | 01 Jul 2017 |
| 27AABCK1779L1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCK1779L1ZB | Tamil Nadu | Active | 01 Jul 2017 |
| 36AABCK1779L1Z5 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saarloha Advanced Materials Private Limited, buy the company report.
Recent activity
Saarloha Advanced Materials Private Limited has 22 board changes on record since 2007: 3 appointments and 19 cessations. The latest: Anand Parasramka was appointed as Company Secretary on 08 Feb 2025.
49 earlier events are in the company report.
Frequently asked questions
Saarloha Advanced Materials is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 24 July 1998 (28+ years old) and is registered under CIN U27105PN1998PTC012724.
Saarloha Advanced Materials has 2 current directors:
- Amit Babasaheb Kalyani - Director
- Ravindra Kumar Goyal - Director
The latest financial statements of Saarloha Advanced Materials on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saarloha Advanced Materials is 24AABCK1779L1ZA, registered in Gujarat. The company has 12 GST registrations in all, of which 7 are active and 5 are cancelled or inactive. Other active GSTINs include 27AABCK1779L1Z4 (Maharashtra), 33AABCK1779L1ZB (Tamil Nadu), 36AABCK1779L1Z5 (Telangana).
The CIN (Corporate Identification Number) of Saarloha Advanced Materials is U27105PN1998PTC012724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saarloha Advanced Materials has 33 court cases on record: 21 filed by the company and 12 filed against it. 14 are pending. Most are in the district courts.
Saarloha Advanced Materials was incorporated on 24 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Pune.
Saarloha Advanced Materials has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.2 Lakh; the latest was in February 2020.
The peers of Saarloha Advanced Materials by revenue are Narbheram Power and Steel Private Limited, Synergy Advanced Metals Limited, Chandan Steel Limited, Bihar Foundry & Castings Limited, Laxcon Steels Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Anand Parasramka was appointed as Company Secretary on 08 Feb 2025. Sharad Kumar Agarwal ceased to be CFO on 07 Feb 2025. Anand Parasramka ceased to be Company Secretary on 30 Sep 2024. Saarloha Advanced Materials has 22 board changes on record in total.
Saarloha Advanced Materials has 16 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 96 micro and small suppliers. The latest return was filed on 29 May 2024.
Saarloha Advanced Materials can be reached through the website saarloha.com. Its registered office is in Pune, Maharashtra, India.
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