Sachika Trading Private Limited
About Sachika Trading Private Limited
Data last updated:
Sachika Trading Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 February 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2011PTC213791. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was led by directors including Sujata and Sudhir Vijay Goyal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 203 Kailash Industrial Complex Veer Savarkar Marg Park, Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹74.27 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹77,639 (net margin 0%) and EBITDA of ₹1.38 Lakh (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
As per MCA filings, the company had satisfied charges of ₹9 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 4 cases are pending.
Company details
Contact details
Sachika Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 203 Kailash Industrial Complex Veer Savarkar Marg Park Site Vikhroli, (W), Mumbai, Maharashtra, India – 400079
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sachika Trading 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
Business activity
The main business activity of Sachika Trading is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sachika Trading Private Limited, buy the company report.
Financials of Sachika Trading Private Limited
FY 2018 filings availableSachika Trading Private Limited reported revenue of ₹74.27 Cr (down 59% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 59% fall in the latest year. EBITDA fell 99% 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 | ₹74.27 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.38 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹77,639 | |||
| 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 | 0% | |||
| Net Profit Margin | 0% | |||
| 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 Sachika Trading Private Limited, buy the company report.
Board of directors of Sachika Trading Private Limited
Sachika Trading has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surender Kumar Malik | Additional Director | 01 May 2016 | 10 Years 6 Months | As last reported |
| Sujata | Director | 01 Nov 2014 | 12 Years 0 Months | As last reported |
| Sudhir Vijay Goyal Also directs: Yashassu Enterprises LLP, Reynold Shirting Limited, Quadrasol Energy Private Limited and 2 more | Director | 01 Sep 2013 | 13 Years 2 Months | As last reported |
Auditor
Sachika Trading Private Limited is audited by JAYESH K SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH K SHAH & ASSOCIATES | FY 2018 | 135643W |
Shareholding
The shareholding of Sachika Trading Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sachika Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2013 | 10460327 | Punjab National Bank | ₹9 Cr | Satisfied |
To see the full charge records of Sachika Trading Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sachika Trading Private Limited has 7 court cases on record: 7 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (N) | Filed against the company by HDB Financial Services Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by HDB Financial Services Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Casabella Trading Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Deputy Commissioner of Income Tax | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax | Pending |
To see the full case history of Sachika Trading 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sachika Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sachika Trading 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 Sachika Trading Private Limited, buy the company report.
Recent activity
Sachika Trading Private Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Surender Kumar Malik was appointed as Additional Director on 01 May 2016.
4 earlier events are in the company report.
Frequently asked questions
Sachika Trading has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Sachika Trading was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 February 2011 and is registered under CIN U51109MH2011PTC213791. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Sachika Trading was incorporated on 18 February 2011. It is registered with the Registrar of Companies, Mumbai.
Sachika Trading had 3 directors:
- Surender Kumar Malik - Additional Director
- Sujata - Director
- Sudhir Vijay Goyal - Director
The CIN (Corporate Identification Number) of Sachika Trading is U51109MH2011PTC213791. 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 Sachika Trading is at E – 203 Kailash Industrial Complex Veer Savarkar Marg Park Site Vikhroli, W, Mumbai, Maharashtra, India – 400079.
The latest financial statements of Sachika Trading on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Sachika Trading has 1 GST registration on record and it is cancelled or inactive.
Sachika Trading operated in the home and lifestyle industry, in the textile retail and distribution segment.
Sachika Trading has 7 court cases on record: 7 filed against it. 4 are pending. Most are in the district courts.
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