Sagar Leasefin Limited
About Sagar Leasefin Limited
Data last updated:
Sagar Leasefin Limited is a public limited company based in Belgaum, Karnataka, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 06 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1994PLC016669.
The company has an authorised share capital of ₹5.55 Cr and a paid-up capital of ₹4.55 Cr. It is led by directors including Mallikarjun Veerbhadrappa Jagajampi (Managing Director) and Shashikala Jagajampi.
Its last annual general meeting (AGM) was held on 12 February 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 244/54 Fulbagh Gallibelgaum, Karnataka, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.93 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹6.19 Lakh (net margin 2.1%) and EBITDA of ₹93.43 Lakh (EBITDA margin 31.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.91 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sagar Leasefin has one previous CIN (Corporate Identification Number): U65910KA1994PTC016669. The current CIN is U85110KA1994PLC016669, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1994PLC016669 | Current |
| U65910KA1994PTC016669 | Previous |
Contact details
Sagar Leasefin Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address244/54 Fulbagh Gallibelgaum, Karnataka, India
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of Sagar Leasefin 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 Leasefin is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sagar Leasefin Limited, buy the company report.
Financials of Sagar Leasefin Limited
FY 2023 filings availableSagar Leasefin Limited reported revenue of ₹2.93 Cr (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 26% fall in the latest year. EBITDA rose 16% 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 | ₹2.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹93.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.19 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.9% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Sagar Leasefin Limited, buy the company report.
Board of directors of Sagar Leasefin Limited
Sagar Leasefin has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikala Jagajampi Also directs: Jagajampi Auto Private Limited | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Shivaleela Mallikarjun Jagajampi Also directs: Jagajampi Auto Private Limited | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Devarath Jagajampi Also directs: Jagajampi Auto Private Limited, Jagajampi Auto Agro Private Limited, Jnyan-Yogi Negil-Yogi Private Limited and 1 more | Director | 13 Mar 2019 | 7 Years 8 Months | Current |
| Mallikarjun Veerbhadrappa Jagajampi Also directs: Jagajampi Auto Private Limited, Jagajampi Auto Agro Private Limited, Jnyan-Yogi Negil-Yogi Private Limited and 1 more | Managing Director | 01 Apr 2015 | 11 Years 7 Months | Current |
Peer comparison
Sagar Leasefin Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Decor Investment & Finance Private Limited | ₹2.95 Cr (FY 2025) | -68.0% | Chandigarh, India | |||
| Skipper Plastics Limited | ₹2.95 Cr (FY 2025) | -74.0% | Kolkata, West Bengal, India | |||
| Orbit Udyog Private Limited | ₹2.94 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Jairam Capital Invest Limited | ₹2.94 Cr (FY 2024) | 18.0% | Kolkata, West Bengal, India | |||
| Sagar Leasefin Limitedthis company | ₹2.93 Cr (FY 2023) | ₹6.19 Lakh | 2.1% | -26.0% | 33 | Belgaum, Karnataka, India |
| Flyhigh Exports Pvt Ltd | ₹2.93 Cr (FY 2025) | 13.0% | Guwahati, Assam, India | |||
| Shreyans Stockinvest Pvt Ltd | ₹2.93 Cr (FY 2024) | -17.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sagar Leasefin Limited, buy the company report.
Auditor
Sagar Leasefin Limited is audited by Shivanand Halbhavi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shivanand Halbhavi & Co. | FY 2023 | 012394S |
Shareholding
The shareholding of Sagar Leasefin 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 Sagar Leasefin Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2022 | 100623515 | Others | ₹21.4 Lakh | Open | |
| 25 Mar 2021 | 100429874 | Others | ₹78.7 Lakh | Open | |
| 14 Aug 2018 | 100207194 | State Bank of India | ₹83.58 Lakh | Open | |
| 18 Sep 2015 | 10605631 | Bank of India | ₹14.05 Lakh | Open | |
| 10 Apr 2014 | 10500978 | Jnyanayogi Sadguru Shri Siddeshwar Multipurpose Souhard Sahakari Niyamit | ₹9.5 Cr | Open |
To see the full charge records of Sagar Leasefin Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Sagar Leasefin Limited has 6 court cases on record: 3 filed by Sagar Leasefin, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against TVS Motor Company Ltd R/By Chairman R/O Post Office No.4,Haritha Hosur Tamil Nadu. and 2 others | Disposed |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Sagar Leasefin 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 Leasefin Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sagar Leasefin Limited has a workforce of 33 employees on its EPFO records as of Mar 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 33 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Sagar Leasefin Limited, buy the company report.
GST
No GST registration is on our record for Sagar Leasefin Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sagar Leasefin Limited has 25 board changes on record since 2004: 14 appointments and 11 cessations. The latest: Balasaheb Appanna Ratnappagol ceased to be Director on 04 Mar 2020.
28 earlier events are in the company report.
Frequently asked questions
Sagar Leasefin is an active public limited company based in Belgaum, Karnataka, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 06 December 1994 (32+ years old) and is registered under CIN U85110KA1994PLC016669.
Sagar Leasefin has 4 current directors:
- Mallikarjun Veerbhadrappa Jagajampi - Managing Director
- Shashikala Jagajampi - Director
- Shivaleela Mallikarjun Jagajampi - Director
- Devarath Jagajampi - Director
The latest financial statements of Sagar Leasefin on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 12 February 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sagar Leasefin is U85110KA1994PLC016669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Leasefin has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Sagar Leasefin was incorporated on 06 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sagar Leasefin by revenue are Decor Investment & Finance Private Limited, Skipper Plastics Limited, Orbit Udyog Private Limited, Jairam Capital Invest Limited, Flyhigh Exports Pvt Ltd and 1 more, all in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Balasaheb Appanna Ratnappagol ceased to be Director on 04 Mar 2020. Basavraj Shrikant Badadale ceased to be Director on 04 Mar 2020. Sanket Mahadev Hattargi ceased to be Director on 04 Mar 2020. Sagar Leasefin has 25 board changes on record in total.
The registered office of Sagar Leasefin is at 24454 Fulbagh Gallibelgaum, Karnataka, India.
Sagar Leasefin operates in the financial services industry, in the asset financing companies segment.
Sagar Leasefin has open charges of ₹11.91 Cr and satisfied charges of ₹4.5 Cr as per latest MCA filings.
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