MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0055309
Sahara Dredging Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.22 Cr
▼ 60% YoY
Net profit · FY 2025
₹1.66 Cr
Net margin 5.7%
EBITDA · FY 2025
₹6.18 Cr
EBITDA margin 21.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.49 Cr
Issued & subscribed
Open charges
₹32.31 Cr
Satisfied ₹20.68 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
10
Provident fund records
About Sahara Dredging Limited
Data last updated:
Sahara Dredging Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the dredging and marine engineering services segment of the infrastructure and utilities sector. It was incorporated on 19 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1994PLC081241. Its GSTIN is 27AACCS6904N1ZY (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.49 Cr. It is led by directors including Asif Ibrahim Dadarkar (Managing Director) and Humera Asif Dadarkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 707 Madhava Bandra Kurlacomplex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.22 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 5.7%) and EBITDA of ₹6.18 Cr (EBITDA margin 21.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sahara Dredging Limited. As per MCA filings, the company has open charges of ₹32.31 Cr and satisfied charges of ₹20.68 Cr on record. Court records list 24 cases involving the company, including 15 filed by the company and 9 filed against it; 5 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.5 Cr; the latest was in March 2010.
Sahara Dredging Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0055309). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saharadredging.com.
Company details
CIN U74999MH1994PLC081241
Registration Number 081241
Incorporation Date 19 September 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0055309
Key People
Asif Ibrahim Dadarkar Managing Director Humera Asif Dadarkar Director Cyrus Rusi Kharadi Director Recognitions & Rankings of Sahara Dredging
Contact details
Sahara Dredging Limited's registered office is in Mumbai, Maharashtra. Its website is saharadredging.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address707 Madhava Bandra Kurlacomplex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryInfrastructure and Utilities, Dredging & Marine Engineering Services
To see the full contact details of Sahara Dredging Limited, buy the company report.
Comprehensive company report
Sahara Dredging Limited - one report that includes everything
- 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
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Brands
Sahara Dredging operates one associated brand: Sahara Dredging Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marine dredging, construction, and shipping services in India. | saharadredging.com |
Business activity
The main business activity of Sahara Dredging is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Sahara Dredging Limited, buy the company report.
Financials of Sahara Dredging Limited
FY 2024 filings availableSahara Dredging Limited reported revenue of ₹29.22 Cr (down 60% YoY) for FY 2025.
Revenue · FY 2025
₹29.22 Cr ▼ 60%
Net profit · FY 2025
₹1.66 Cr margin 5.7%
EBITDA · FY 2025
₹6.18 Cr margin 21.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▲ 6%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 4%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 60% fall in the latest year. EBITDA fell 79% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹6.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.66 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sahara Dredging Limited, buy the company report.
Board of directors of Sahara Dredging Limited
Sahara Dredging has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asif Ibrahim Dadarkar Also directs: Sahara Ports Private Limited, Sahara Shipping Private Limited, Belapur Shipyards Private Limited and 4 more | Managing Director | 19 Sep 1994 | 32 Years 1 Months | Current |
| Humera Asif Dadarkar Also directs: Sahara Ports Private Limited, Sahara Offshore Private Limited, Sahara Shipping Private Limited and 1 more | Director | 19 Sep 1994 | 32 Years 1 Months | Current |
| Cyrus Rusi Kharadi | Director | 01 Mar 2018 | 8 Years 7 Months | Current |
| Mohamedali Asif Dadarkar | Director | 29 Oct 2013 | 12 Years 11 Months | Current |
Auditor
Sahara Dredging Limited is audited by KPB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPB & ASSOCIATES | FY 2023 | 114841W |
Shareholding
The shareholding of Sahara Dredging 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sahara Dredging Limited, buy the company report.
Charges & borrowings
Open charges
₹32.31 Cr
Satisfied charges
₹20.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2025 | 101038506 | Hdfc Bank Limited | ₹20.16 Lakh | Open | |
| 14 Mar 2022 | 100550231 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 11 Mar 2022 | 100555123 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 20 Sep 2021 | 100484561 | Standard Chartered Bank | ₹5.1 Cr | Open | |
| 11 Nov 2020 | 100406942 | Hdfc Bank Limited | ₹1.73 Cr | Open |
To see the full charge records of Sahara Dredging Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Sahara Dredging Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.5 Cr; the latest was in March 2010.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹2.5 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Funding round | ₹2.5 Cr | Investors: 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sahara Dredging Limited has 24 court cases on record: 15 filed by Sahara Dredging, 9 filed against it. 5 cases are pending and 19 are disposed.
Total cases
24
Filed by the company
15
Filed against the company
9
Pending
5
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 6 | 3 |
| District courts | 9 | 2 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by PPG Asian Paints Private Limited Through Abbas Motorwala | Pending |
| High Court | Company petition | Filed by the company against Karanja Terminal and Logistics Pvt Ltd and Ors and 6 others | Pending |
| High Court, MAHARASHTRA | Court case (COMEX) | Filed by the company against Karanja Terminal and Logistics Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Karanja Terminal and Logistics Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by PPG Asian Paints Private Limited. | Disposed |
To see the full case history of Sahara Dredging 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 Sahara Dredging Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sahara Dredging Limited has a workforce of 10 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
42.86%
GST
Sahara Dredging has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS6904N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sahara Dredging Limited, buy the company report.
Recent activity
Sahara Dredging Limited has 7 board changes on record since 1994: 4 appointments and 3 cessations. The latest: Cyrus Rusi Kharadi ceased to be Additional Director on 29 Sep 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 14 Mar 2022 with Charge ID 100550231 was modified on 06 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 11 Mar 2022 with Charge ID 100555123 was modified on 28 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101038506 was registered on 22 Jan 2025.
AGM
Sahara Dredging Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sahara Dredging Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 27 Oct 2017 via Charge ID 100147523 with Others was fully satisfied on 17 May 2022.
Charges
A charge registered on 30 Nov 2017 via Charge ID 100149679 with Tata Capital Financial Services Limited was fully satisfied on 12 Apr 2022.
Charges
A charge registered on 27 Nov 2017 via Charge ID 100149681 with Tata Capital Financial Services Limited was fully satisfied on 12 Apr 2022.
Charges
A charge registered on 28 Feb 2015 via Charge ID 10566244 with Tata Capital Financial Services Limited was fully satisfied on 12 Apr 2022.
Charges
A charge registered on 29 Oct 2018 via Charge ID 100238405 with Others was fully satisfied on 22 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100550231 was registered on 14 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100555123 was registered on 11 Mar 2022.
33 earlier events are in the company report.
Frequently asked questions
Sahara Dredging is an active public limited company based in Mumbai, Maharashtra, India. The company works in dredging and marine engineering services, within the infrastructure and utilities industry. It was incorporated on 19 September 1994 (32+ years old) and is registered under CIN U74999MH1994PLC081241.
Sahara Dredging has 4 current directors:
- Asif Ibrahim Dadarkar - Managing Director
- Humera Asif Dadarkar - Director
- Cyrus Rusi Kharadi - Director
- Mohamedali Asif Dadarkar - Director
The latest financial statements of Sahara Dredging on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sahara Dredging is 27AACCS6904N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sahara Dredging is U74999MH1994PLC081241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sahara Dredging has 24 court cases on record: 15 filed by the company and 9 filed against it. 5 are pending. Most are in the high courts.
Sahara Dredging was incorporated on 19 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Sahara Dredging has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.5 Cr; the latest was in March 2010.
Cyrus Rusi Kharadi ceased to be Additional Director on 29 Sep 2018. Cyrus Rusi Kharadi was appointed as Director on 01 Mar 2018. Ana Asif Dadarkar ceased to be Director on 15 Dec 2017. Sahara Dredging has 7 board changes on record in total.
Yes, Sahara Dredging is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0055309).