MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0068869
Saertex India Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹68.55 Cr
▲ 137% YoY
Net profit · FY 2024
₹4.92 Cr
Net margin 7.2%
EBITDA · FY 2024
₹8.07 Cr
EBITDA margin 11.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.51 Cr
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
58
Provident fund records
Directors on board
2
As per MCA filings
About Saertex India Private Limited
Data last updated:
Saertex India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Saertex Beteiligungsgesellschaft Gmbh. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U18109PN2005PTC020804. Its GSTIN is 27AAJCS1011M1ZD (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.51 Cr. It is led by directors Rajesh Sharan and Roland Norbert Nowicki.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Saertex Excellence Centre S No 282 Mann Village Mulshi Hinjewadi Phase II, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.55 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹4.92 Cr (net margin 7.2%) and EBITDA of ₹8.07 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 34% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2008. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is Girijapati Apparels Private Limited with revenue of ₹68.76 Cr.
Saertex India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0068869). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saertex.com.
Company details
CIN U18109PN2005PTC020804
Registration Number 020804
Incorporation Date 30 May 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Saertex Beteiligungsgesellschaft Gmbh
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0068869
Recognitions & Rankings of Saertex India
Contact details
Saertex India Private Limited's registered office is in Pune, Maharashtra. Its website is saertex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSaertex Excellence Centre S No 282 Mann Village Mulshi Hinjewadi Phase II, Pune, Maharashtra, India – 411057
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Saertex India Private Limited, buy the company report.
Comprehensive company report
Saertex India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Saertex India 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 Saertex India Private Limited, buy the company report.
Financials of Saertex India Private Limited
FY 2024 filings availableSaertex India Private Limited reported revenue of ₹68.55 Cr (up 137% YoY) for FY 2024.
Revenue · FY 2024
₹68.55 Cr ▲ 137%
Net profit · FY 2024
₹4.92 Cr margin 7.2%
EBITDA · FY 2024
₹8.07 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 137%
3 years · compounded
▲ 62%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 262%
3 years · compounded
▲ 89%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 137% growth in the latest year. EBITDA rose 262% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹8.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.92 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Saertex India Private Limited, buy the company report.
Board of directors of Saertex India Private Limited
Saertex India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sharan | Director | 05 Mar 2019 | 7 Years 8 Months | Current |
| Roland Norbert Nowicki | Additional Director | 06 Feb 2025 | 1 Years 9 Months | Current |
Peer comparison
Saertex India Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Girijapati Apparels Private Limited | ₹68.76 Cr (FY 2016) | 182.0% | New Delhi, Delhi, India | |||
| Tarak Textiles Private Limited | ₹68.58 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| United Bleachers Private Limited | ₹68.56 Cr (FY 2024) | -7.0% | Coimbatore, Tamil Nadu, India | |||
| Saertex India Private Limitedthis company | ₹68.55 Cr (FY 2024) | ₹4.92 Cr | 7.2% | 137.0% | 58 | Pune, Maharashtra, India |
| J Rajkumar Textile Private Limited | ₹68.54 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Kohinoor Ribbon Factory Private Limited | ₹68.52 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Sonatapes Private Limited | ₹68.48 Cr (FY 2025) | 21.0% | Goa, India | |||
| Shrimahaveer Home Furnish Expo Private Limited | ₹68.47 Cr (FY 2025) | 4.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Saertex India Private Limited, buy the company report.
Auditor
Saertex India Private Limited is audited by SHARP & TANNAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN | FY 2020 | 109982W |
Shareholding
The shareholding of Saertex India 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 Saertex India Private Limited, buy the company report.
Deals & funding
Saertex India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2008.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Saertex Beteilingungs Gesellschaft GmbH Seller: Saetrex Wagner GmbH & Co |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saertex India Private Limited has 3 court cases on record: 2 filed by Saertex India, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COP) | Filed by the company against M/S. Kineco Pvt. Ltd., | Disposed |
| Bombay High Court | Court case (COAP) | Filed by the company against M/S. Kineco Pvt. Ltd., | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax-3 | Disposed |
To see the full case history of Saertex India 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 Saertex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saertex India Private Limited has a workforce of 58 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
18.37%
GST
Saertex India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS1011M1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saertex India Private Limited, buy the company report.
Recent activity
Saertex India Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Roland Norbert Nowicki was appointed as Additional Director on 06 Feb 2025.
Appointed
Roland Norbert Nowicki was appointed as Additional Director.
AGM
Saertex India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saertex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Klaus Lammers ceased to be Director.
Ceased
Christoph Geyer ceased to be Additional Director.
Ceased
Dr Guido Manfred Kritzler ceased to be Additional Director.
Ceased
Rajesh Sharan ceased to be Additional Director.
Appointed
Rajesh Sharan was appointed as Director.
Ceased
Chandra Palackal Kunjachan Bose ceased to be Managing Director.
Ceased
Simon Lammers ceased to be Additional Director.
Ceased
Bruno Heirich Lammers ceased to be Director.
Ceased
Stefan Gunter Huge Sive Huwe ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Saertex India is an active private limited company based in Pune, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 May 2005 (21+ years old) and is registered under CIN U18109PN2005PTC020804.
Saertex India has 2 current directors:
- Rajesh Sharan - Director
- Roland Norbert Nowicki - Additional Director
The latest financial statements of Saertex India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saertex India is 27AAJCS1011M1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saertex India is U18109PN2005PTC020804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saertex India has 3 court cases on record: 2 filed by the company and 1 filed against it.
Saertex India was incorporated on 30 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Saertex India has 1 deal on record (1 secondary share transfer); the latest was in March 2008.
The peers of Saertex India by revenue are Girijapati Apparels Private Limited, Tarak Textiles Private Limited, United Bleachers Private Limited, J Rajkumar Textile Private Limited, Kohinoor Ribbon Factory Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Roland Norbert Nowicki was appointed as Additional Director on 06 Feb 2025. Klaus Lammers ceased to be Director on 05 Aug 2021. Christoph Geyer ceased to be Additional Director on 30 Sep 2019. Saertex India has 10 board changes on record in total.
Yes, Saertex India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0068869).
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