Sai Dharani Sponge Iron Private Limited
About Sai Dharani Sponge Iron Private Limited
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Sai Dharani Sponge Iron Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 13 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27106TG2004PTC044406. Its GSTIN is 37AAICS4943F2Z4 (Andhra Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Venkata Lakshmi Narayana Sunkavalli (Managing Director) and Veerabhadra Rao Sunkavalli.
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 5 – 90 S.R.Naik Nagar Jeedimetla Ida, Hyderabad, Telangana, India – 500055.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.52 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.8 Cr (net margin 39.9%) and EBITDA of ₹11.12 Cr (EBITDA margin 57%). Revenue has grown at a compounded annual rate (CAGR) of 60% over five years.
As per MCA filings, the company has open charges of ₹88.45 Lakh on record. Court records list 10 cases involving the company, including 3 filed by the company and 8 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sai Dharani Sponge Iron has one previous CIN (Corporate Identification Number): U27106AP2004PTC044406. The current CIN is U27106TG2004PTC044406, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106TG2004PTC044406 | Current |
| U27106AP2004PTC044406 | Previous |
Contact details
Sai Dharani Sponge Iron Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address5 – 90 S.R.Naik Nagar Jeedimetla Ida, Hyderabad, Telangana, India – 500055
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Sai Dharani Sponge Iron Private 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 Sai Dharani Sponge Iron is mining and quarrying. In detail, this covers mining of metal ores.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores |
To see the full business activity and turnover split of Sai Dharani Sponge Iron Private Limited, buy the company report.
Financials of Sai Dharani Sponge Iron Private Limited
FY 2024 filings availableSai Dharani Sponge Iron Private Limited reported revenue of ₹19.52 Cr (up 195076% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57% | ||||
| Net Profit Margin | 39.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Sai Dharani Sponge Iron Private Limited, buy the company report.
Board of directors of Sai Dharani Sponge Iron Private Limited
Sai Dharani Sponge Iron has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerabhadra Rao Sunkavalli Also directs: Dharani Mines and Minerals LLP, Adavi Basa LLP | Director | 05 Aug 2011 | 15 Years 2 Months | Current |
| Baby Jagadeshwari Sunkavalli Also directs: Yashwanth Agro Farms LLP | Director | 05 Aug 2011 | 15 Years 2 Months | Current |
| Venkata Lakshmi Narayana Sunkavalli | Managing Director | 13 Oct 2004 | 22 Years 0 Months | Current |
Auditor
Sai Dharani Sponge Iron Private Limited is audited by POTNURU AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| POTNURU AND ASSOCIATES | FY 2020 | 013007S |
Shareholding
The shareholding of Sai Dharani Sponge Iron Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sai Dharani Sponge Iron Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2012 | 10358931 | Srei Equipment Finance Private Limited | ₹81.25 Lakh | Open | |
| 01 Apr 2012 | 10356236 | Srei Equipment Finance Private Limited | ₹7.2 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Sai Dharani Sponge Iron Private Limited has 10 court cases on record: 3 filed by Sai Dharani Sponge Iron, 8 filed against it. 6 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 5 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, Nellore, Andhra Pradesh | Court case (T.R.O.P) | Filed against the company by E.Mahesh, Site In-Charge,Ms Sai Dharani Sponge Iron Pvt.,Ltd., and 1 other | Disposed |
| District court, Nellore, Andhra Pradesh | Court case (T.R.O.P) | Filed by the company against E.Mahesh Site In-Chargems Sai Dharani Sponge Iron Pvt.,Ltd., and 3 others | Disposed |
| High Court of Andhra Pradesh | Revision petition | Filed against the company by an individual | Pending |
| District court, Nellore, Andhra Pradesh | Civil suit | Filed against the company by Tirumala Conveyer System and Services, | Pending |
To see the full case history of Sai Dharani Sponge Iron Private 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 Sai Dharani Sponge Iron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Dharani Sponge Iron has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAICS4943F2Z4 | Andhra Pradesh | Active | 23 Jun 2021 |
To see the full GST registrations and return filing status of Sai Dharani Sponge Iron Private Limited, buy the company report.
Recent activity
Sai Dharani Sponge Iron Private Limited has 16 board changes on record since 2004: 3 appointments and 13 cessations. The latest: Alivelu Mangatayaru Karuturi ceased to be Director on 05 Aug 2011.
9 earlier events are in the company report.
Frequently asked questions
Sai Dharani Sponge Iron is an active private limited company based in Hyderabad, Telangana, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 13 October 2004 (22+ years old) and is registered under CIN U27106TG2004PTC044406.
Sai Dharani Sponge Iron has 3 current directors:
- Venkata Lakshmi Narayana Sunkavalli - Managing Director
- Veerabhadra Rao Sunkavalli - Director
- Baby Jagadeshwari Sunkavalli - Director
The latest financial statements of Sai Dharani Sponge Iron 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 Sai Dharani Sponge Iron is 37AAICS4943F2Z4, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sai Dharani Sponge Iron is U27106TG2004PTC044406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Dharani Sponge Iron has 10 court cases on record: 3 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Sai Dharani Sponge Iron was incorporated on 13 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
Alivelu Mangatayaru Karuturi ceased to be Director on 05 Aug 2011. Baby Jagadeshwari Sunkavalli was appointed as Director on 05 Aug 2011. Krishna Murthy Budda ceased to be Director on 05 Aug 2011. Sai Dharani Sponge Iron has 16 board changes on record in total.
The registered office of Sai Dharani Sponge Iron is at 5 – 90 S.R.Naik Nagar Jeedimetla Ida, Hyderabad, Telangana, India – 500055.
Sai Dharani Sponge Iron operates in the metals and minerals industry, in the metal retail and distribution segment.
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