About Sagar Contracting Private Limited
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Sagar Contracting Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 29 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45202GJ2009PTC057931. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹23.5 Lakh and a paid-up capital of ₹18.4 Lakh. It is led by directors including Anilkumar Bhanukant Shukla and Prasantkumar Ghanshyambhai Patel.
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 502 Avenue Park Opp.Science Center City Light Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2023, the company reported a revenue of ₹43.33 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Lakh (net margin 5.5%) and EBITDA of ₹5.29 Lakh (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹6.85 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sagarcon.com.
Company details
Contact details
Sagar Contracting Private Limited's registered office is in Surat, Gujarat. Its website is sagarcon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address502 Avenue Park Opp.Science Center City Light Road, Surat, Gujarat, India – 395007
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Sagar Contracting 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 Sagar Contracting is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Sagar Contracting Private Limited, buy the company report.
Financials of Sagar Contracting Private Limited
FY 2023 filings availableSagar Contracting Private Limited reported revenue of ₹43.33 Lakh (down 56% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 56% fall in the latest year. EBITDA fell 65% 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 |
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| EBITDA | ₹5.29 Lakh | ||||
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| Net Profit (PAT) | ₹2.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Sagar Contracting Private Limited, buy the company report.
Board of directors of Sagar Contracting Private Limited
Sagar Contracting has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilkumar Bhanukant Shukla | Director | 25 Sep 2011 | 15 Years 1 Months | Current |
| Prasantkumar Ghanshyambhai Patel | Director | 29 Aug 2009 | 17 Years 1 Months | Current |
| Patel Ghanshyam Lalbhai | Director | 29 Aug 2009 | 17 Years 1 Months | Current |
Auditor
Sagar Contracting Private Limited is audited by MEHTA PATEL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA PATEL & CO | FY 2018 | 115312W |
Shareholding
The shareholding of Sagar Contracting 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 Sagar Contracting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2009 | 10225050 | Bank of Baroda | ₹6.85 Cr | Open |
To see the full charge records of Sagar Contracting Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sagar Contracting Private Limited has 13 court cases on record: 1 filed by Sagar Contracting, 12 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 0 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Religare Finvest Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Religare Finvest Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by L and T Finance Limited | Disposed |
| District court, South, Delhi | Arbitration matter | Filed against the company by Religare Finvest Ltd | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against State of Gujarat and 2 others | Disposed |
To see the full case history of Sagar Contracting 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 Sagar Contracting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sagar Contracting 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 Sagar Contracting Private Limited, buy the company report.
Recent activity
Sagar Contracting Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Anilkumar Bhanukant Shukla was appointed as Director on 25 Sep 2011.
Frequently asked questions
Sagar Contracting is an active private limited company based in Surat, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 29 August 2009 (17+ years old) and is registered under CIN U45202GJ2009PTC057931.
Sagar Contracting has 3 current directors:
- Anilkumar Bhanukant Shukla - Director
- Prasantkumar Ghanshyambhai Patel - Director
- Patel Ghanshyam Lalbhai - Director
The latest financial statements of Sagar Contracting 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.
No. Sagar Contracting has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sagar Contracting is U45202GJ2009PTC057931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Contracting has 13 court cases on record: 1 filed by the company and 12 filed against it. Most are in the district courts.
Sagar Contracting was incorporated on 29 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anilkumar Bhanukant Shukla was appointed as Director on 25 Sep 2011. Vishalkumar Ghanshyambhai Patel ceased to be Director on 26 Apr 2011. Patel Ghanshyam Lalbhai was appointed as Director on 29 Aug 2009. Sagar Contracting has 4 board changes on record in total.
Sagar Contracting can be reached through the website sagarcon.com. Its registered office is in Surat, Gujarat, India.
The registered office of Sagar Contracting is at 502 Avenue Park Opp.Science Center City Light Road, Surat, Gujarat, India – 395007.