Sabar Tubes Limited
About Sabar Tubes Limited
Data last updated:
Sabar Tubes Limited was a public limited company based in Vadodara, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the rubber-based products segment of the manufacturing sector. It was incorporated on 05 June 1992.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1992PLC017781. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹31.84 Lakh. It was formerly known as Sagamore Conveyor Chains Limited. It was led by directors including Ankit Naresh Doshi (Managing Director) and Uttamlal Somchand Shah.
Its last annual general meeting (AGM) was held on 07 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 864/B – 1/2 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.05 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹40,398 (net margin -38.6%) and EBITDA of -₹65,546 (EBITDA margin -62.7%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 35% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Sabar Tubes Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address864/B – 1/2 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Sabar Tubes 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 Sabar Tubes Limited
FY 2021 filings availableSabar Tubes Limited reported revenue of ₹1.05 Lakh (down 76% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 76% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.05 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹65,546 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹40,398 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -62.7% | |||
| Net Profit Margin | -38.6% | |||
| 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 Sabar Tubes Limited, buy the company report.
Board of directors of Sabar Tubes Limited
Sabar Tubes has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Naresh Doshi | Managing Director | 31 Mar 2020 | 6 Years 6 Months | As last reported |
| Uttamlal Somchand Shah | Director | 05 Jun 1992 | 34 Years 4 Months | As last reported |
| Dilip Ramanlal Shah | Director | 05 Jun 1992 | 34 Years 4 Months | As last reported |
Auditor
Sabar Tubes Limited is audited by G H SOMANI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G H SOMANI & CO | FY 2018 | 110357W |
Shareholding
The shareholding of Sabar Tubes Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sabar Tubes Limited, buy the company report.
Legal cases
Sabar Tubes Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (EXE S) | Filed against the company by Natvarbhai M. Patel Manager of Shri Swaminarayan Co. Op. Housing Soc. Ltd. | Disposed |
To see the full case history of Sabar Tubes 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 Sabar Tubes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sabar Tubes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sabar Tubes Limited, buy the company report.
Recent activity
Sabar Tubes Limited has 5 board changes on record since 1992: 3 appointments and 2 cessations. The latest: Ankit Naresh Doshi ceased to be Additional Director on 23 Nov 2020.
Frequently asked questions
Sabar Tubes has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sabar Tubes was a public limited company based in Vadodara, Gujarat, India. The company worked in rubber-based products, within the manufacturing industry. It was incorporated on 05 June 1992 and is registered under CIN U51909GJ1992PLC017781. The company has been struck off by the Registrar of Companies and is no longer operational.
Sabar Tubes had 3 directors:
- Ankit Naresh Doshi - Managing Director
- Uttamlal Somchand Shah - Director
- Dilip Ramanlal Shah - Director
The CIN (Corporate Identification Number) of Sabar Tubes is U51909GJ1992PLC017781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sabar Tubes is at 864B – 12 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
Sabar Tubes was incorporated on 05 June 1992. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Sabar Tubes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 07 October 2021. Year-wise statements from 2015 are in the company report.
No. Sabar Tubes has 1 GST registration on record and it is cancelled or inactive.
Sabar Tubes operated in the manufacturing industry, in the rubber-based products segment. It worked in this industry before it was struck off.
Sabar Tubes has 1 court case on record: 1 filed against it.