MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0052797
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Sai Projects (Mumbai) Private Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹263.91 Cr
▲ 5% YoY
Net profit · FY 2025
₹13.23 Cr
Net margin 5%
EBITDA · FY 2025
₹19.34 Cr
EBITDA margin 7.3%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹137.5 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
26
Provident fund records
About Sai Projects (Mumbai) Private Limited
Data last updated:
Sai Projects (Mumbai) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2013PTC245931. Its GSTIN is 27AATCS5251M1ZL (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Kavita Sunil Kodnani and Sunil Manohar Kodnani.
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 Office No 102 Embassy Chamber 3rd Road Khar (West), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹263.91 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹13.23 Cr (net margin 5%) and EBITDA of ₹19.34 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 20% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sai Projects. As per MCA filings, the company has open charges of ₹137.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in March 2015. Its 4 peer companies in the Infrastructure industry (Construction Services, Railway Construction), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 1 smaller; the largest is Dky Projects Private Limited with revenue of ₹265.03 Cr.
Sai Projects (Mumbai) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0052797). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saiprojects.in.
Company details
CIN U45201MH2013PTC245931
Registration Number 245931
Incorporation Date 19 July 2013
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-18-0052797
Key People
Kavita Sunil Kodnani Director Sunil Manohar Kodnani Director Darsh Sunil Kodnani Director Recognitions & Rankings of Sai Projects (Mumbai)
Contact details
Sai Projects (Mumbai) Private Limited's registered office is in Mumbai, Maharashtra. Its website is saiprojects.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 102 Embassy Chamber 3rd Road Khar (West), Mumbai, Maharashtra, India – 400052
- IndustryInfrastructure and Utilities, General Construction Services, Railway Infrastructure Development
To see the full contact details of Sai Projects (Mumbai) Private Limited, buy the company report.
Comprehensive company report
Sai Projects (Mumbai) Private 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
Sai Projects (Mumbai) operates one associated brand: Sai Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction of bridges, railway infrastructure, and steel manufacturing services in India. | saiprojects.in |
Business activity
The main business activity of Sai Projects (Mumbai) is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Sai Projects (Mumbai) Private Limited, buy the company report.
Financials of Sai Projects (Mumbai) Private Limited
FY 2024 filings availableSai Projects (Mumbai) Private Limited reported revenue of ₹263.91 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹263.91 Cr ▲ 5%
Net profit · FY 2025
₹13.23 Cr margin 5%
EBITDA · FY 2025
₹19.34 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 33%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 26%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 5% growth in the latest year. EBITDA rose 7% 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 | ₹19.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.23 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 | 7.3% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sai Projects (Mumbai) Private Limited, buy the company report.
Board of directors of Sai Projects (Mumbai) Private Limited
Sai Projects (Mumbai) has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Sunil Kodnani | Director | 19 Jul 2013 | 13 Years 3 Months | Current |
| Sunil Manohar Kodnani Also directs: Sai Projects - Sai Dutt (JV) LLP | Director | 19 Jul 2013 | 13 Years 3 Months | Current |
| Darsh Sunil Kodnani | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Sanjay Sunil Kodnani | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Sai Projects (Mumbai) Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Construction Services, Railway Construction), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dky Projects Private Limited | ₹265.03 Cr (FY 2025) | 24.0% | Gurgaon, Haryana, India | |||
| Era Infra Engineering Limited | ₹264.69 Cr (FY 2025) | 3534.0% | New Delhi, Delhi, India | |||
| Pochampad Construction Company Private Limited | ₹264.34 Cr (FY 2025) | -37.0% | Hyderabad, Telangana, India | |||
| Sai Projects (Mumbai) Private Limitedthis company | ₹263.91 Cr (FY 2025) | ₹13.23 Cr | 5% | 5.0% | 26 | Mumbai, Maharashtra, India |
| Arwade Infrastructure Limited | ₹263.04 Cr (FY 2025) | 61.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sai Projects (Mumbai) Private Limited, buy the company report.
Auditor
Sai Projects (Mumbai) Private Limited is audited by M R V & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R V & Associates | FY 2022 |
Shareholding
The shareholding of Sai Projects (Mumbai) Private 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 Projects (Mumbai) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹137.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2025 | 101129048 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 28 Jul 2023 | 100762941 | Others | ₹7.5 Cr | Open | |
| 27 Oct 2021 | 100493912 | Hdfc Bank Limited | ₹12 Cr | Open | |
| 03 Feb 2015 | 10552478 | Canara Bank | ₹111 Cr | Open |
To see the full charge records of Sai Projects (Mumbai) Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Sai Projects (Mumbai) Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in March 2015.
Total deals
1
Funding round
1
Disclosed funding
₹2.49 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹2.49 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sai Projects (Mumbai) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State of Maharashtra THR Vashi Traffice Police | Disposed |
To see the full case history of Sai Projects (Mumbai) 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.
Credit ratings & regulatory alerts
Sai Projects (Mumbai) Private Limited was last rated by Care on 13 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Apr 2022 |
To see the full credit ratings and regulatory alerts of Sai Projects (Mumbai) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sai Projects (Mumbai) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sai Projects (Mumbai) Private Limited has a workforce of 26 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
4%
GST
Sai Projects (Mumbai) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS5251M1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Projects (Mumbai) Private Limited, buy the company report.
Recent activity
Sai Projects (Mumbai) Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Darsh Sunil Kodnani was appointed as Director on 18 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 101129048 was registered on 12 Jun 2025.
Charges
A charge with Canara Bank of Rs. 111.00 Cr registered on 03 Feb 2015 with Charge ID 10552478 was modified on 24 Jan 2025.
AGM
Sai Projects (Mumbai) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sai Projects (Mumbai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Darsh Sunil Kodnani was appointed as Director.
Appointed
Sanjay Sunil Kodnani was appointed as Director.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100762941 was registered on 28 Jul 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 27 Oct 2021 with Charge ID 100493912 was modified on 14 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100493912 was registered on 27 Oct 2021.
Charges
A charge with Canara Bank amounted to Rs. 111.00 Cr with Charge ID 10552478 was registered on 03 Feb 2015.
Appointed
Kavita Sunil Kodnani was appointed as Director.
Appointed
Sunil Manohar Kodnani was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Sai Projects (Mumbai) is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 July 2013 (13+ years old) and is registered under CIN U45201MH2013PTC245931.
Sai Projects (Mumbai) has 4 current directors:
- Kavita Sunil Kodnani - Director
- Sunil Manohar Kodnani - Director
- Darsh Sunil Kodnani - Director
- Sanjay Sunil Kodnani - Director
The latest financial statements of Sai Projects (Mumbai) 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 Projects (Mumbai) is 27AATCS5251M1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sai Projects (Mumbai) is U45201MH2013PTC245931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Projects (Mumbai) has 1 court case on record: 1 filed against it.
Sai Projects (Mumbai) was incorporated on 19 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Sai Projects (Mumbai) has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in March 2015.
The peers of Sai Projects (Mumbai) by revenue are Dky Projects Private Limited, Era Infra Engineering Limited, Pochampad Construction Company Private Limited, Arwade Infrastructure Limited, all in the Infrastructure industry (Construction Services, Railway Construction), with the same principal business activity (roads, railways, utility projects).
Darsh Sunil Kodnani was appointed as Director on 18 Mar 2024. Sanjay Sunil Kodnani was appointed as Director on 18 Mar 2024. Kavita Sunil Kodnani was appointed as Director on 19 Jul 2013. Sai Projects (Mumbai) has 4 board changes on record in total.
Yes, Sai Projects (Mumbai) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0052797).