Sagar Inflatables Limited
About Sagar Inflatables Limited
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Sagar Inflatables Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 22 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29193MH1988PLC049725. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Bhaskar Pajave Gunaji and Joseph Michael Dabre.
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 512 Vyapar Bhavan 49P D Mello Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2023, the company reported a revenue of ₹10,884, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹45,065 (net margin -414%) and EBITDA of -₹45,065 (EBITDA margin -414%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹1.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sagar Inflatables Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address512 Vyapar Bhavan 49P D Mello Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Sagar Inflatables 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
Financials of Sagar Inflatables Limited
FY 2023 filings availableSagar Inflatables Limited reported revenue of ₹10,884 (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 2% fall in the latest year. EBITDA fell 35% 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 | -₹45,065 | ||||
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| Net Profit (PAT) | -₹45,065 | ||||
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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 | -414% | ||||
| Net Profit Margin | -414% | ||||
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To see the full financial statements and ratios of Sagar Inflatables Limited, buy the company report.
Board of directors of Sagar Inflatables Limited
Sagar Inflatables has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskar Pajave Gunaji | Director | 20 Jul 2022 | 4 Years 3 Months | Current |
| Joseph Michael Dabre Also directs: Blue Water Marine Industries Limited, Winsome Realty Private Limited, Capacious Property Private Limited and 5 more | Director | 28 Dec 2020 | 5 Years 9 Months | Current |
| Hiten Kantilal Mehta | Director | 01 Sep 2009 | 17 Years 1 Months | Current |
Peer comparison
Sagar Inflatables Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Security Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Securefire Engineers Private Limited | ₹28,285 (FY 2025) | -99.0% | Banaskantha, Gujarat, India | |||
| Mark Safety Appliances Private Limited | ₹26,945 (FY 2016) | -7.0% | Vadodara, Gujarat, India | |||
| Sancheti Electrical & Electronics Private Limited | ₹19,104 (FY 2024) | -94.0% | Kolkata, West Bengal, India | |||
| Watch Net India Private Limited | ₹18,469 (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Promuk Hoffmann International Limited | ₹15,000 (FY 2025) | -94.0% | Hyderabad, Telangana, India | |||
| Sagar Inflatables Limitedthis company | ₹10,884 (FY 2023) | -₹45,065 | -414% | -2.0% | Mumbai, Maharashtra, India | |
| Nanovistar Private Limited | ₹9,840 (FY 2024) | Dadri, Uttar Pradesh, India | ||||
| Qintent Innovations Private Limited | ₹9,240 (FY 2024) | Pune, Maharashtra, India | ||||
| A to Z Safety Devices Private Limited | ₹5,125 (FY 2025) | Bhilwara, Rajasthan, India | ||||
| Conquest Integrated Solutions (Chennai) Private Limited | ₹5,000 (FY 2023) | -95.0% | Chennai, Tamil Nadu, India | |||
| Evolved Transportation System Private Limited | ₹4,875 (FY 2025) | -87.0% | Delhi, India |
To see the full peer comparison of Sagar Inflatables Limited, buy the company report.
Auditor
Sagar Inflatables Limited is audited by BHARAT SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT SHAH & ASSOCIATES | FY 2018 | 101249W |
Shareholding
The shareholding of Sagar Inflatables Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sagar Inflatables Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2003 | 90223474 | Mandvi Co-Operative Bank Ltd | ₹40 Lakh | Satisfied | |
| 04 Jun 1990 | 90221773 | Gujarat Indl. Investment Corp Ltd | ₹51 Lakh | Satisfied | |
| 17 Jan 1990 | 90221705 | Indian Bank | ₹18 Lakh | Satisfied |
To see the full charge records of Sagar Inflatables Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Sagar Inflatables Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sagar Inflatables Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sagar Inflatables has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sagar Inflatables Limited, buy the company report.
Recent activity
Sagar Inflatables Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Bhaskar Pajave Gunaji ceased to be Additional Director on 30 Sep 2022.
8 earlier events are in the company report.
Frequently asked questions
Sagar Inflatables is an active public limited company based in Mumbai, Maharashtra, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 22 November 1988 (38+ years old) and is registered under CIN U29193MH1988PLC049725.
Sagar Inflatables has 3 current directors:
- Bhaskar Pajave Gunaji - Director
- Joseph Michael Dabre - Director
- Hiten Kantilal Mehta - Director
The latest financial statements of Sagar Inflatables 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 Inflatables has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sagar Inflatables is U29193MH1988PLC049725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Inflatables was incorporated on 22 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sagar Inflatables by revenue are Securefire Engineers Private Limited, Mark Safety Appliances Private Limited, Sancheti Electrical & Electronics Private Limited, Watch Net India Private Limited, Promuk Hoffmann International Limited and 5 more, all in the Manufacturing industry (Security Products).
Bhaskar Pajave Gunaji ceased to be Additional Director on 30 Sep 2022. Akhilesh Kumar ceased to be Director on 20 Jul 2022. Bhaskar Pajave Gunaji was appointed as Director on 20 Jul 2022. Sagar Inflatables has 10 board changes on record in total.
The registered office of Sagar Inflatables is at 512 Vyapar Bhavan 49P D Mello Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009.
Sagar Inflatables operates in the aerospace, maritime and defense industry, in the defence accessories and components segment.
Sagar Inflatables has no open charges and satisfied charges of ₹1.09 Cr as per latest MCA filings.