Sagar Machinery Ltd
About Sagar Machinery Ltd
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Sagar Machinery Ltd is a public limited company based in Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 15 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01135GJ1995PLC026335. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kiran Patel Mohanlal and Nipa Kiran 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 2nd Flr City Road Opp.Pratap Cinema Baroda., Gujarat, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.73 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹7.95 Lakh (net margin -4.6%) and EBITDA of -₹3.33 Lakh (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
Court records list 13 cases involving the company, including 13 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sagar Machinery Ltd's registered office is in Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Flr City Road Opp.Pratap Cinema Baroda., Gujarat, India
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Sagar Machinery Ltd, 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 Machinery is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sagar Machinery Ltd, buy the company report.
Financials of Sagar Machinery Ltd
FY 2023 filings availableSagar Machinery Ltd reported revenue of ₹1.73 Cr (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 240% 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 | -₹3.33 Lakh | ||||
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| Net Profit (PAT) | -₹7.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.9% | ||||
| Net Profit Margin | -4.6% | ||||
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To see the full financial statements and ratios of Sagar Machinery Ltd, buy the company report.
Board of directors of Sagar Machinery Ltd
Sagar Machinery has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Patel Mohanlal Also directs: Tapan Marketing C0nsultancy Limited, Sagar Switch Gears Limited | Director | 15 Jun 1995 | 31 Years 4 Months | Current |
| Nipa Kiran Patel Also directs: Tapan Marketing C0nsultancy Limited, Sagar Switch Gears Limited | Director | 15 Jun 1995 | 31 Years 4 Months | Current |
| Sagar Kiranbhai Patel Also directs: Tapan Marketing C0nsultancy Limited, Sagar Switch Gears Limited | Director | 11 Jan 2015 | 11 Years 9 Months | Current |
| Tapan Kiranbhai Patel Also directs: Tapan Marketing C0nsultancy Limited, Sagar Switch Gears Limited | Director | 11 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Sagar Machinery Ltd is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| FMT Infotech Private Limited | ₹1.74 Cr (FY 2022) | -1.0% | Kolkata, West Bengal, India | |||
| Sagar Machinery Ltdthis company | ₹1.73 Cr (FY 2023) | -₹7.95 Lakh | -4.6% | -27.0% | Gujarat, India | |
| Alexanderwerk India Private Limited | ₹1.72 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| S.A.F.Engineering Lincs Systems Private Limited | ₹1.72 Cr (FY 2025) | 101.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sagar Machinery Ltd, buy the company report.
Auditor
Sagar Machinery Ltd is audited by RISHI SHEKHRI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SHEKHRI & ASSOCIATES | FY 2017 | 126656 |
Shareholding
The shareholding of Sagar Machinery Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Machinery Ltd, buy the company report.
Legal cases
Sagar Machinery Ltd has 13 court cases on record: 13 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Sapl Steel LLP | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Sapl Steel LLP | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Salp Steel LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Sentinel Electric Co. Through Girish Raojibhai Patel | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Gaurang Voinodbhai Bhatt - Transpoware Technologies Pvt Ltd | Disposed |
To see the full case history of Sagar Machinery Ltd, 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 Machinery Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sagar Machinery 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 Machinery Ltd, buy the company report.
Recent activity
Sagar Machinery Ltd has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Jagdish Mohanbhai Patel ceased to be Director on 11 Jan 2015.
Frequently asked questions
Sagar Machinery is an active public limited company based in Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 15 June 1995 (31+ years old) and is registered under CIN U01135GJ1995PLC026335.
Sagar Machinery has 4 current directors:
- Kiran Patel Mohanlal - Director
- Nipa Kiran Patel - Director
- Sagar Kiranbhai Patel - Director
- Tapan Kiranbhai Patel - Director
The latest financial statements of Sagar Machinery 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 Machinery has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sagar Machinery is U01135GJ1995PLC026335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Machinery has 13 court cases on record: 13 filed against it. Most are in the district courts.
Sagar Machinery was incorporated on 15 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sagar Machinery by revenue are FMT Infotech Private Limited, Alexanderwerk India Private Limited, S.A.F.Engineering Lincs Systems Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Jagdish Mohanbhai Patel ceased to be Director on 11 Jan 2015. Sagar Kiranbhai Patel was appointed as Director on 11 Jan 2015. Tapan Kiranbhai Patel was appointed as Director on 11 Jan 2015. Sagar Machinery has 5 board changes on record in total.
The registered office of Sagar Machinery is at 2nd Flr City Road Opp.Pratap Cinema Baroda., Gujarat, India.
Sagar Machinery operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.