Sagar Modular Private Limited
About Sagar Modular Private Limited
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Sagar Modular Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 21 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U36997CT2020PTC010781. Its GSTIN is 22ABECS7213H1ZL (Chattisgarh).
The company has an authorised share capital of ₹2.15 Cr and a paid-up capital of ₹2.15 Cr. It is led by directors including Niraj Sethi and Ajay Sethi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Raipur, Chhattisgarh.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹56.82 Lakh (net margin -5.2%) and EBITDA of ₹2.69 Cr (EBITDA margin 24.7%).
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social MediaLocked
- Registered Address7C – 4 Sector – 12 Kaushalya Mata Vihar, Kamal Vihar, Raipur, Chhattisgarh, India – 492001
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Sagar Modular Private Limited
The main business activity of Sagar Modular is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sagar Modular Private Limited FY 2025 filings available
Sagar Modular Private Limited reported revenue of ₹10.88 Cr (up 593% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sagar Modular Private Limited
Revenue rose 593% 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 of Sagar Modular Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.69 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56.82 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 of Sagar Modular Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• |
| Net Profit Margin | -5.2% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sagar Modular are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sagar Modular Private Limited
Sagar Modular Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agniforma Techcraft Private Limited | ₹10.98 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| Shandar Modular Systems Private Limited | ₹10.97 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Pune, Maharashtra, India |
| Eisen Hardware Solutions Private Limited | ₹10.96 Cr (FY 2025) | •••• | •••• | 167.0% | •••• | Gundasara Ta Gondal, Gujarat, India |
| Attic Products Private Limited | ₹10.93 Cr (FY 2025) | •••• | •••• | 249.0% | •••• | Delhi, India |
| Safehand Interio Private Limited | ₹10.9 Cr (FY 2024) | •••• | •••• | 199.0% | •••• | Ahmedabad, Gujarat, India |
| Sagar Modular Private Limited this company | ₹10.88 Cr (FY 2024) | •••• | •••• | 593.0% | •••• | Raipur, Chhattisgarh, India |
| Spydercraft Private Limited | ₹10.84 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Aligarh, Uttar Pradesh, India |
| Ganpati Furniture Systems Private Limited | ₹10.82 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Yatrik Arts Furniture Private Limited | ₹10.78 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Jaipur, Rajasthan, India |
| Ovinox Industries India Private Limited | ₹10.76 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | New Delhi, Delhi, India |
| Elegant Interior and Modular Kitchen Private Limited | ₹10.75 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kannur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Sagar Modular by revenue in the Consumer Durables industry (Furniture), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sagar Modular Private Limited
Sagar Modular Private Limited is audited by G S G & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G S G & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sagar Modular Private Limited
Sagar Modular has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Sethi | Director | 21 Oct 2020 | 5 Years 11 Months | Current |
| Ajay Sethi | Director | 21 Oct 2020 | 5 Years 11 Months | Current |
| Sanchit Sethi | Director | 05 Jul 2025 | 1 Years 3 Months | Current |
| Saksham Sethi | Director | 05 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Sagar Modular Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sagar Modular Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2021 | Others | ₹13.41 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Sagar Modular Private Limited
Sagar Modular Private Limited has a workforce of 43 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sagar Modular Private Limited
Sagar Modular Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Saksham Sethi was appointed as Director on 05 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sagar Modular Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sagar Modular Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sagar Modular Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sagar Modular Private Limited
Sagar Modular has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22ABECS7213H1ZL | Chattisgarh | Active | 17 Jan 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sagar Modular Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sagar Modular Private Limited
Sagar Modular is an active private limited company based in Raipur, Chhattisgarh, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 21 October 2020 (6+ years old) and is registered under CIN U36997CT2020PTC010781.
Sagar Modular reported revenue of ₹10.88 Cr for FY 2024 (up 593% YoY).
Sagar Modular has 4 current directors:
- Niraj Sethi - Director
- Ajay Sethi - Director
- Sanchit Sethi - Director
- Saksham Sethi - Director
Sagar Modular reported a net loss of ₹56.82 Lakh (net margin -5.2%) and EBITDA of ₹2.69 Cr (EBITDA margin 24.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Sagar Modular is 22ABECS7213H1ZL, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Sagar Modular is U36997CT2020PTC010781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Modular was incorporated on 21 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Sagar Modular by revenue are Agniforma Techcraft Private Limited, Shandar Modular Systems Private Limited, Eisen Hardware Solutions Private Limited, Attic Products Private Limited, Safehand Interio Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Saksham Sethi was appointed as Director on 05 Jul 2025. Sanchit Sethi was appointed as Director on 05 Jul 2025. Ajay Sethi was appointed as Director on 21 Oct 2020. Sagar Modular has 4 board changes on record in total.
The registered office of Sagar Modular is at 7C – 4 Sector – 12 Kaushalya Mata Vihar, Kamal Vihar, Raipur, Chhattisgarh, India – 492001.
Sagar Modular has an authorised share capital of ₹2.15 Cr and a paid-up capital of ₹2.15 Cr.