MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0001978
Sai India Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.55 Cr
▲ 16% YoY
Net profit · FY 2025
₹1.6 Cr
Net margin 5.1%
EBITDA · FY 2025
₹4.58 Cr
EBITDA margin 14.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Open charges
₹15.75 Cr
Satisfied ₹12.69 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
66
Provident fund records
About Sai India Limited
Data last updated:
Sai India Limited is a public limited foreign company incorporated in india based in Bangalore, Karnataka, India, a subsidiary of Fin Ol Im Italy. It operates in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29120KA1989FLC010358. Its GSTIN is 29AABCS9834L1ZO (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Krishnan Kasturi Rangan (Managing Director) and Vittorio Pecorari.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 26 – C Doddenakkundi Industrial Area Phase 1 Mahadevapura Post, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.55 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Cr (net margin 5.1%) and EBITDA of ₹4.58 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.75 Cr and satisfied charges of ₹12.69 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it.
Sai India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0001978). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saihydraulics.com.
Company details
CIN U29120KA1989FLC010358
Registration Number 010358
Incorporation Date 05 September 1989
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 June 2025
Date of Balance Sheet 31 March 2025
Parent Company Fin Ol Im Italy
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0001978
CIN history
Sai India has one previous CIN (Corporate Identification Number): U29120KA1989FTC010358. The current CIN is U29120KA1989FLC010358, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120KA1989FLC010358 | Current |
| U29120KA1989FTC010358 | Previous |
Key People
Krishnan Kasturi Rangan Managing Director Vittorio Pecorari Director Rangachar Padmanabhan Cattan Coletore Director Recognitions & Rankings of Sai India
Contact details
Sai India Limited's registered office is in Bangalore, Karnataka. Its website is saihydraulics.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered Address26 – C Doddenakkundi Industrial Area Phase 1 Mahadevapura Post, Bangalore, Karnataka, India – 560048
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
To see the full contact details of Sai India Limited, buy the company report.
Comprehensive company report
Sai India 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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Business activity
The main business activity of Sai India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sai India Limited, buy the company report.
Financials of Sai India Limited
FY 2025 filings availableSai India Limited reported revenue of ₹31.55 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹31.55 Cr ▲ 16%
Net profit · FY 2025
₹1.6 Cr margin 5.1%
EBITDA · FY 2025
₹4.58 Cr margin 14.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 10%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 8%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 16% growth in the latest year. EBITDA rose 30% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.6 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 Sai India Limited, buy the company report.
Board of directors of Sai India Limited
Sai India 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 |
|---|---|---|---|---|
| Vittorio Pecorari | Director | 23 Sep 2011 | 15 Years 1 Months | Current |
| Rangachar Padmanabhan Cattan Coletore Also directs: Nature Arbor LLP, Yuken India Limited, Polyene General Industries Private Limited and 5 more | Director | 27 Sep 1999 | 27 Years 1 Months | Current |
| Krishnan Kasturi Rangan Also directs: Nature Arbor LLP, Silwin Winches India Private Limited, Hydroma India Private Limited and 1 more | Managing Director | 01 Oct 1992 | 34 Years 1 Months | Current |
| Marco Pecorari | Director | 06 Oct 2014 | 12 Years 1 Months | Current |
Peer comparison
Sai India Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Hydraulic Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oscar Equipments Pvt Ltd | ₹32.19 Cr (FY 2024) | -20.0% | Bishnupur, West Bengal, India | |||
| Sai India Limitedthis company | ₹31.55 Cr (FY 2025) | ₹1.6 Cr | 5.1% | 16.0% | 66 | Bangalore, Karnataka, India |
| Jaypee Engineering & Hydraulic Equipment Company Limited | ₹30.34 Cr (FY 2024) | 13.0% | Kolkata, West Bengal, India | |||
| Casappa Hydraulics India Private Limited | ₹30.25 Cr (FY 2025) | 30.0% | Kolar, Karnataka, India | |||
| Omkar Machine Tools Private Limited | ₹29.81 Cr (FY 2025) | 179.0% | Gondal, Gujarat, India |
To see the full peer comparison of Sai India Limited, buy the company report.
Auditor
Sai India Limited is audited by SGSK&Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGSK&Company | FY 2023 | 024539S |
Shareholding
The shareholding of Sai India 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 Sai India Limited, buy the company report.
Charges & borrowings
Open charges
₹15.75 Cr
Satisfied charges
₹12.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2015 | 10607634 | State Bank of India | ₹13.95 Cr | Open | |
| 10 Jan 1997 | 90191771 | Industrail Development Bank of India | ₹1 Cr | Open | |
| 25 Oct 1991 | 90190848 | Industrail Development Bank of India | ₹80 Lakh | Open | |
| 16 Nov 2011 | 10325072 | L & T Finance Limited | ₹60 Lakh | Satisfied | |
| 31 Mar 1994 | 90191230 | State Bank of India | ₹12.09 Cr | Satisfied |
To see the full charge records of Sai India Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Sai India Limited has 8 court cases on record: 1 filed by Sai India, 7 filed against it. All cases are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd | Disposed |
| District court, Salem, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Khurda, Odisha | Civil suit | Filed by the company against Ms Hindustan Infra Developers Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M S Omkar Bearing Company | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M S Onkar Bearing Company | Disposed |
To see the full case history of Sai India 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.
Credit ratings & regulatory alerts
Sai India Limited was last rated by Icra on 29 Aug 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Aug 2017 |
To see the full credit ratings and regulatory alerts of Sai India Limited, buy the company report.
MSME payment delays
Sai India Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 51 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Creative Packaging Solutions | |||
| Giromill Precision Private Limited | |||
| Githa Equipments Private Limited | |||
| Sri Chetan Security and Allied Serv | |||
| Sri Chakara Engineering |
To see the full MSME payment records of Sai India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sai India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Sai India Limited has a workforce of 66 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
66
Active EPFO establishments
1
GST
Sai India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS9834L1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai India Limited, buy the company report.
Recent activity
Sai India Limited has 7 board changes on record since 1992: 4 appointments and 3 cessations. The latest: Marco Pecorari ceased to be Additional Director on 21 Sep 2015.
AGM
Sai India Limited last Annual general meeting of members was held on 23 Jun 2025 as per latest MCA records.
Filing
Sai India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 13.95 Cr registered on 19 Nov 2015 with Charge ID 10607634 was modified on 04 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 13.95 Cr with Charge ID 10607634 was registered on 19 Nov 2015.
Ceased
Marco Pecorari ceased to be Additional Director.
Appointed
Marco Pecorari was appointed as Director.
Ceased
Piercelestino Pecorari ceased to be Director.
Charges
A charge registered on 31 Mar 1994 via Charge ID 90191230 with State Bank Of India was fully satisfied on 10 Jul 2014.
Charges
A charge registered on 16 Nov 2011 via Charge ID 10325072 with L & T Finance Limited was fully satisfied on 10 Jun 2014.
Charges
A charge with State Bank Of India of Rs. 12.09 Cr registered on 31 Mar 1994 with Charge ID 90191230 was modified on 29 Oct 2013.
Charges
A charge with L & T Finance Limited amounted to Rs. 0.60 Cr with Charge ID 10325072 was registered on 16 Nov 2011.
Ceased
Ivano Baldini ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Sai India is an active public limited foreign company incorporated in india based in Bangalore, Karnataka, India. The company works in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 05 September 1989 (37+ years old) and is registered under CIN U29120KA1989FLC010358.
Sai India has 4 current directors:
- Krishnan Kasturi Rangan - Managing Director
- Vittorio Pecorari - Director
- Rangachar Padmanabhan Cattan Coletore - Director
- Marco Pecorari - Director
The latest financial statements of Sai India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai India is 29AABCS9834L1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Sai India is U29120KA1989FLC010358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai India has 8 court cases on record: 1 filed by the company and 7 filed against it.
Sai India was incorporated on 05 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sai India by revenue are Oscar Equipments Pvt Ltd, Jaypee Engineering & Hydraulic Equipment Company Limited, Casappa Hydraulics India Private Limited, Omkar Machine Tools Private Limited, all in the Machinery and Equipment industry (Hydraulic Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Marco Pecorari ceased to be Additional Director on 21 Sep 2015. Marco Pecorari was appointed as Director on 06 Oct 2014. Piercelestino Pecorari ceased to be Director on 15 Sep 2014. Sai India has 7 board changes on record in total.
Yes, Sai India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0001978).
Sai India has 7 MSME Form 1 returns on record between 2019 and 2024, listing 51 overdue payments to 18 micro and small suppliers. The latest return was filed on 29 May 2024.
Sai India can be reached through the website saihydraulics.com. Its registered office is in Bangalore, Karnataka, India.
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