About Sael Industries Limited
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Sael Industries Limited is a public limited company based in Guruharsahai, Punjab, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 25 April 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40106PB2022PLC055755. Its GSTIN is 07ABICS3568D1Z7 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹674.23 Cr. It is led by directors including Jasbir Singh (Managing Director) and Sukhbir Singh.
Its last annual general meeting (AGM) was held on 19 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H. No. 44 Model Town, Guruharsahai, Punjab, India – 152022.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,872.35 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹280.95 Cr (net margin -5.8%) and EBITDA of ₹141.92 Cr (EBITDA margin 2.9%).
The company has about 100 employees on its provident fund (EPFO) records. Its group structure includes 23 subsidiaries.
As per MCA filings, the company has open charges of ₹15,458 Cr and satisfied charges of ₹2,972.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,202.32 Cr; the latest was in October 2025. Its 3 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 1 smaller; the largest is Renew Energy Markets Private Limited with revenue of ₹798.1 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sael.co.
Company details
Contact details
Sael Industries Limited's registered office is in Guruharsahai, Punjab. Its website is sael.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH. No. 44 Model Town, Guruharsahai, Punjab, India – 152022
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Sael Industries 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 Sael Industries is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| 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 Sael Industries Limited, buy the company report.
Financials of Sael Industries Limited
FY 2025 filings availableSael Industries Limited reported revenue of ₹4,872.35 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year. EBITDA fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4,872.35 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹141.92 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹280.95 Cr | ||
| 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.9% | ||
| Net Profit Margin | -5.8% | ||
| 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 Sael Industries Limited, buy the company report.
Board of directors and KMP of Sael Industries Limited
Sael Industries Limited currently reports 9 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxit Awla Also directs: Awla Energy P Twenty Six Private Limited, Awla Energy P Twenty Seven Private Limited, Sael X Joule Limited and 5 more | Ceo | 01 Oct 2025 | 1 Years 0 Months | Current |
| Sukhbir Singh Also directs: Sael Solar P10 Private Limited, Sael Agri Commodities Limited, Awla Energy P Twenty Six Private Limited and 5 more | Director | 25 Apr 2022 | 4 Years 6 Months | Current |
| Harbhajan Singh Also directs: Sael Solar Mhp1 Private Limited, Sael Solar Mhp2 Private Limited, Sael Solar P9 Private Limited and 5 more | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
| Oistein Magnar Andresen | Nominee Director | 09 Aug 2024 | 2 Years 2 Months | Current |
| Bjornar Baugerud | Nominee Director | 06 May 2024 | 2 Years 5 Months | Current |
| Kewal Kundanlal Handa Also directs: The Third Eye Kreative Films LLP, The Third Eye Productions LLP, Titiksha Advisors LLP and 5 more | Director | 29 Jul 2025 | 1 Years 2 Months | Current |
Peer comparison
Sael Industries Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sael Industries Limitedthis company | ₹4,872.35 Cr (FY 2025) | -₹280.95 Cr | -5.8% | 24.0% | Guruharsahai, Punjab, India | |
| Renew Energy Markets Private Limited | ₹798.1 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| India Power Corporation Limited | ₹731.64 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| GSPC Pipavav Power Company Limited | ₹720.06 Cr (FY 2025) | 22.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Sael Industries Limited, buy the company report.
Auditor
Sael Industries Limited is audited by G.D. Singhal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.D. Singhal & Associates | FY 2023 | 017468N |
Shareholding
The shareholding of Sael Industries Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sael Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2026 | 101302494 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 18 Mar 2026 | 101257129 | Others | ₹1,521.4 Cr | Open | |
| 26 Dec 2025 | 101204471 | Sbicap Trustee Company Limited | ₹125 Cr | Open | |
| 23 Dec 2025 | 101237187 | Others | ₹70.65 Cr | Open | |
| 29 Oct 2025 | 101187848 | Others | ₹100 Cr | Open |
To see the full charge records of Sael Industries Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Sael Industries Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,202.32 Cr; the latest was in October 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round | ₹177.54 Cr | Investors: Norfund |
| Feb 2025 | Funding round | ₹130.95 Cr | Investors: Norfund |
| Jan 2025 | Funding round | ₹129 Cr | Investors: 3 individuals |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2022 | Funding round | ₹691.83 Cr | Investors: 4 individuals |
To see the full deal history of Sael Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sael Industries Limited has 1 court case on record: 1 filed by Sael Industries. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Sael Industries 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 Sael Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sael Industries has 23 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sael Engineering Private Limited | U29300PB2021PTC053089 | |
| Sael Solar Mfg.Private Limited | U31909PB2022PTC055360 | |
| Sael EV Infra Private Limited | U35923PB2020PTC051902 | |
| Kta Powers Private Limited | U40100DL2020PTC374837 | |
| Tna Renewable Energy Private Limited | U40100DL2020PTC375171 | |
| Universal Biomass Energy Private Limited. | U40100PB2005PTC028850 |
To see the full group structure of Sael Industries Limited, buy the company report.
GST
Sael Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABICS3568D1Z7 | Delhi | Active | 06 May 2022 |
| 08ABICS3568D1Z5 | Rajasthan | Active | 10 Mar 2023 |
To see the full GST registrations and return filing status of Sael Industries Limited, buy the company report.
Recent activity
Sael Industries Limited has 21 board changes on record since 2022: 10 appointments and 11 cessations. The latest: Laxit Awla was appointed as CEO on 01 Oct 2025.
48 earlier events are in the company report.
News
Frequently asked questions
Sael Industries is an active public limited company based in Guruharsahai, Punjab, India. The company works in power epc, within the energy and power industry. It was incorporated on 25 April 2022 (4+ years old) and is registered under CIN U40106PB2022PLC055755.
Sael Industries has 10 current directors and KMP:
- Jasbir Singh - Managing Director
- Sukhbir Singh - Director
- Harbhajan Singh - Director
- Oistein Magnar Andresen - Nominee Director
- Bjornar Baugerud - Nominee Director
- Kewal Kundanlal Handa - Director
- Archana Capoor - Director
- Hemant Sahai - Director
- Ashok Lavasa - Director
- Laxit Awla - Ceo
The latest financial statements of Sael Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 June 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Sael Industries is 07ABICS3568D1Z7, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08ABICS3568D1Z5 (Rajasthan).
The CIN (Corporate Identification Number) of Sael Industries is U40106PB2022PLC055755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sael Industries has 1 court case on record: 1 filed by the company.
Sael Industries was incorporated on 25 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sael Industries has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,202.32 Cr; the latest was in October 2025.
The peers of Sael Industries by revenue are Renew Energy Markets Private Limited, India Power Corporation Limited, GSPC Pipavav Power Company Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Laxit Awla was appointed as CEO on 01 Oct 2025. Kewal Kundanlal Handa ceased to be Additional Director on 23 Sep 2025. Kewal Kundanlal Handa was appointed as Director on 29 Jul 2025. Sael Industries has 21 board changes on record in total.
Sael Industries can be reached through the website sael.co. Its registered office is in Guruharsahai, Punjab, India.