- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0013738

About Sadhana Castings Pvt Ltd
Data last updated:
Sadhana Castings Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 01 January 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27300MH1982PTC026006. Its GSTIN is 24AABCS9693R1ZD (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91.95 Lakh. It is led by directors including Nikhil Mahendra Shah and Samir Mahendra Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 22 4th Floor Meera Flat L D Ruparel Marg, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.62 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹810 (net margin 0.1%) and EBITDA of ₹20,339 (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 72% over five years.
As per MCA filings, the company has open charges of ₹31 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
Sadhana Castings Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0013738). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steelitegroup.com.
Company details
Recognitions & Rankings of Sadhana Castings
Contact details
Sadhana Castings Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is steelitegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22 4th Floor Meera Flat L D Ruparel Marg, Mumbai, Maharashtra, India – 400006
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Sadhana Castings Pvt Ltd, 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 Sadhana Castings is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sadhana Castings Pvt Ltd, buy the company report.
Financials of Sadhana Castings Pvt Ltd
FY 2023 filings availableSadhana Castings Pvt Ltd reported revenue of ₹10.62 Lakh (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 99% fall in the latest year. EBITDA fell 88% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.62 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20,339 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹810 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sadhana Castings Pvt Ltd, buy the company report.
Board of directors of Sadhana Castings Pvt Ltd
Sadhana Castings has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Mahendra Shah Also directs: Sdhana Health Care LLP, Steelite Capella Wind Private Limited, Steelite Sath Floating Energy Private Limited and 5 more | Director | 01 Apr 2001 | 25 Years 7 Months | Current |
| Samir Mahendra Shah Also directs: Sdhana Health Care LLP, Vasupujya Energy Private Limited, Mallinath Energy Private Limited and 5 more | Director | 01 Apr 1992 | 34 Years 7 Months | Current |
| Mahendra Popatlal Shah | Director | 01 Jan 1982 | 44 Years 10 Months | Current |
Auditor
Sadhana Castings Pvt Ltd is audited by Virendra R M & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Virendra R M & Associates | FY 2023 | 179162 |
Shareholding
The shareholding of Sadhana Castings Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sadhana Castings Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 1984 | 90235283 | Gujrat State Financial Corporation Limited | ₹30 Lakh | Open | |
| 16 Feb 1984 | 90235261 | Canara Bank | ₹1 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Sadhana Castings Pvt Ltd has 3 court cases on record: 3 filed by Sadhana Castings. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAL) | Filed by the company against Elavita Co-Op Housing Society Limited and Others | Disposed |
| Bombay High Court | Appeal | Filed by the company against Elavia Co-Op Housing Socity Ltd and Others | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against State of Maharashtra and Ors | Disposed |
To see the full case history of Sadhana Castings Pvt Ltd, 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 Sadhana Castings Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sadhana Castings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCS9693R1ZD | Gujarat | Active | 15 Oct 2019 |
To see the full GST registrations and return filing status of Sadhana Castings Pvt Ltd, buy the company report.
Recent activity
Sadhana Castings Pvt Ltd has 3 board changes on record since 1982: 3 appointments. The latest: Nikhil Mahendra Shah was appointed as Director on 01 Apr 2001.
Frequently asked questions
Sadhana Castings is an active private limited company based in Mumbai, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 01 January 1982 (44+ years old) and is registered under CIN U27300MH1982PTC026006.
Sadhana Castings has 3 current directors:
- Nikhil Mahendra Shah - Director
- Samir Mahendra Shah - Director
- Mahendra Popatlal Shah - Director
The latest financial statements of Sadhana Castings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sadhana Castings is 24AABCS9693R1ZD, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sadhana Castings is U27300MH1982PTC026006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sadhana Castings has 3 court cases on record: 3 filed by the company.
Sadhana Castings was incorporated on 01 January 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhil Mahendra Shah was appointed as Director on 01 Apr 2001. Samir Mahendra Shah was appointed as Director on 01 Apr 1992. Mahendra Popatlal Shah was appointed as Director on 01 Jan 1982.
Yes, Sadhana Castings is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0013738).
Sadhana Castings can be reached through the website steelitegroup.com. Its registered office is in Mumbai, Maharashtra, India.

