Sai Raghava Steels Private Limited
About Sai Raghava Steels Private Limited
Data last updated:
Sai Raghava Steels Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 06 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27205AP2010PTC068296. Its GSTIN is 37AAOCS5062K1ZS (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Suresh Pothula (Managing Director) and Mnsk Trinadh Konakalla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No.160 Iron Complex Bhavanipuram, Vijayawada, Andhra Pradesh, India – 520012.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.12 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹21,876 (net margin 0.1%) and EBITDA of ₹31.28 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹6.5 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
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- Registered AddressPlot No.160 Iron Complex Bhavanipuram, Vijayawada, Andhra Pradesh, India – 520012
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
The main business activity of Sai Raghava Steels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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
Financials of Sai Raghava Steels Private Limited
FY 2019 filings availableSai Raghava Steels Private Limited reported revenue of ₹3.12 Cr (down 60% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA rose 105% 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 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| 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 | ₹31.28 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹21,876 | |
| 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
| Metrics | FY 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10% | |
| Net Profit Margin | 0.1% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15 to FY 2017-18, 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 Sai Raghava Steels are in the company report.
: available in the company report
Board of Directors of Sai Raghava Steels Private Limited
Sai Raghava Steels has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Pothula Also directs: Pranetra Projects LLP, Pothula Solar & Infra Private Limited | Managing Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Mnsk Trinadh Konakalla | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Ram Prasad Dindukurthi | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
| Maheswara Srinivas Konakalla | Director | 03 Nov 2010 | 15 Years 11 Months | Current |
Peer Comparison
Sai Raghava Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goenka Vyapaar Private Limited | ₹3.16 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Cimco Projects Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 182.0% | •••• | New Delhi, Delhi, India |
| Sai Raghava Steels Private Limited this company | ₹3.12 Cr (FY 2019) | •••• | •••• | -60.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Satyug Trade Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | -78.0% | •••• | Raipur, Chhattisgarh, India |
| Omkareshwar Mines & Minerals Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the companies nearest to Sai Raghava Steels by revenue, above and below it, in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Sai Raghava Steels Private Limited is audited by P SUBBARAYUDU & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P SUBBARAYUDU & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2018 | Others | ₹40 Lakh | Open |
| 11 Oct 2018 | State Bank of India | ₹2.8 Cr | Satisfied |
| 29 Jul 2013 | City Union Bank Limited | ₹2.5 Cr | Satisfied |
| 06 Nov 2010 | Ing Vysya Bank Ltd. | ₹1.2 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases
Sai Raghava Steels Private Limited has 10 court cases on record: 6 filed by Sai Raghava Steels, 4 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishna, Andhra Pradesh | Arbitration matter | Filed against the company by M/S.Ikf Finance Ltd | Disposed |
| District court, Krishna, Andhra Pradesh | Court case (A.R.B.E.P) | Filed against the company by M/S Ikf Finance Limited, Vijayawada | Disposed |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by M/S Ikf Finance Ltd, Rep by Pilli Dasu | Disposed |
| District court, Krishna, Andhra Pradesh | Civil suit | Filed by the company against an individual | Pending |
| District court, Krishna, Andhra Pradesh | Execution petition | Filed by the company against Ms S.R.Constructions and 1 other | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Sai Raghava Steels.
: available in the company report
Recent Activity
Sai Raghava Steels Private Limited has 8 board changes on record since 2010: 4 appointments and 4 cessations. The latest: Maheswara Srinivas Konakalla ceased to be Managing Director on 24 Dec 2020.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Sai Raghava Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAOCS5062K1ZS | Andhra Pradesh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Sai Raghava Steels is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 06 May 2010 (16+ years old) and is registered under CIN U27205AP2010PTC068296.
Sai Raghava Steels has 4 current directors:
- Suresh Pothula - Managing Director
- Mnsk Trinadh Konakalla - Director
- Ram Prasad Dindukurthi - Director
- Maheswara Srinivas Konakalla - Director
The latest financial statements of Sai Raghava Steels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Raghava Steels is 37AAOCS5062K1ZS, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Sai Raghava Steels is U27205AP2010PTC068296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Raghava Steels has 10 court cases on record: 6 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Sai Raghava Steels was incorporated on 06 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Sai Raghava Steels by revenue are Goenka Vyapaar Private Limited, Cimco Projects Limited, Satyug Trade Private Limited, Omkareshwar Mines & Minerals Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Maheswara Srinivas Konakalla ceased to be Managing Director on 24 Dec 2020. Suresh Pothula ceased to be Director on 21 Dec 2020. Ram Prasad Dindukurthi was appointed as Director on 16 Dec 2020. Sai Raghava Steels has 8 board changes on record in total.
The registered office of Sai Raghava Steels is at Plot No.160 Iron Complex Bhavanipuram, Vijayawada, Andhra Pradesh, India – 520012.
Sai Raghava Steels operates in the metals and minerals industry, in the metal retail and distribution segment.