Sai Retail India Limited
About Sai Retail India Limited
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Sai Retail India Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 06 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52100TG2013PLC091552. Its GSTIN is 36AATCS9831K1ZG (Telangana). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.56 Cr. It was formerly known as Sai Fashion Hub Private Limited and Sai Retail India Private Limited. It is led by directors including Perumalla Srikanth (Whole-Time Director) and Kalyana Srinivas Annam.
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 Municipal No: 8 – 268 Survey No: 126 Kismatpur Village Rajendra Nagar Mandal, Hyderabad, Telangana, India – 500030.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.5 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.63 Cr and EBITDA of -₹1.12 Cr. Revenue has declined at a compounded annual rate (CAGR) of 97% over three years and 89% over five years.
The company has about 118 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹74.46 Cr and satisfied charges of ₹31.8 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Sai Retail India has undergone 3 name changes throughout its history. The company was previously known as Sai Fashion Hub Private Limited, Sai Retail India Private Limited, and Sri Fashion Hub Private Limited. The current legal name is Sai Retail India Limited.
| Company Name | Status |
|---|---|
| Sai Retail India Limited | Current |
| Sai Fashion Hub Private Limited | Previous |
| Sai Retail India Private Limited | Previous |
| Sri Fashion Hub Private Limited | Previous |
CIN history
Sai Retail India has one previous CIN (Corporate Identification Number): U52100TG2013PTC091552. The current CIN is U52100TG2013PLC091552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100TG2013PLC091552 | Current |
| U52100TG2013PTC091552 | Previous |
Contact details
Sai Retail India Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressMunicipal No: 8 – 268 Survey No: 126 Kismatpur Village Rajendra Nagar Mandal, Hyderabad, Telangana, India – 500030
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Sai Retail India 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
Financials of Sai Retail India Limited
FY 2024 filings availableSai Retail India Limited reported revenue of ₹1.5 Lakh (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% over five years. EBITDA fell 208% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹1.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.63 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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To see the full financial statements and ratios of Sai Retail India Limited, buy the company report.
Board of directors of Sai Retail India Limited
Sai Retail India has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyana Srinivas Annam | Director | 06 Dec 2013 | 12 Years 11 Months | Current |
| Mohammed Baba | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Nagakanaka Durga Prasad Chalavadi Also directs: Sai Silks (Kalamandir) Limited | Director | 06 Dec 2013 | 12 Years 11 Months | Current |
| Perumalla Srikanth Also directs: Krazy Monks Leisures LLP, Flying Horse Hospitality LLP, Rich `N' Rich Finance and Holdings Limited and 1 more | Whole-Time Director | 05 May 2024 | 2 Years 6 Months | Current |
| Lakshmi Satyasri Nekkanti | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
Peer comparison
Sai Retail India Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ajmera Retail Private Limited | ₹1.5 Lakh (FY 2025) | -99.0% | Surat, Gujarat, India | |||
| Sai Retail India Limitedthis company | ₹1.5 Lakh (FY 2024) | -₹1.63 Cr | -100.0% | Hyderabad, Telangana, India | ||
| Plustel Networks Private Limited | ₹1.49 Lakh (FY 2024) | 4930.0% | Sri Muktsar Sahib, Punjab, India | |||
| Bonie Impex Private Limited | ₹1.47 Lakh (FY 2025) | -45.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sai Retail India Limited, buy the company report.
Auditor
Sai Retail India Limited is audited by V N S S & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N S S & ASSOCIATES | FY 2021 | 018367S |
Shareholding
The shareholding of Sai Retail India Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sai Retail India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2021 | 100439474 | Others | ₹5 Cr | Open | |
| 07 May 2019 | 100260576 | Hdfc Bank Limited | ₹11.05 Lakh | Open | |
| 04 Dec 2018 | 100224380 | Hdfc Bank Limited | ₹13.86 Lakh | Open | |
| 26 Sep 2018 | 100213047 | Hdfc Bank Limited | ₹8.85 Lakh | Open | |
| 20 Sep 2018 | 100213882 | Hdfc Bank Limited | ₹18.35 Lakh | Open |
To see the full charge records of Sai Retail India Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Sai Retail India Limited has 3 court cases on record: 2 filed by Sai Retail India, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Revision petition | Filed by the company against M/S. SKP Silk Sarees and 1 other | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Joint Commissioner and 7 others | Pending |
| District court, West Godavari, Andhra Pradesh | Court case (MVOP) | Filed against the company by an individual | Disposed |
To see the full case history of Sai Retail 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sai Retail India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Retail India has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AATCS9831K1ZG | Telangana | Active | 01 Jul 2017 |
| 29AATCS9831K1ZB | Karnataka | Active | 01 Jul 2017 |
| 37AATCS9831K1ZE | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AATCS9831K2ZL | Tamil Nadu | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Sai Retail India Limited, buy the company report.
Recent activity
Sai Retail India Limited has 14 board changes on record since 2013: 5 appointments and 9 cessations. The latest: Perumalla Srikanth was appointed as Whole-Time Director on 05 May 2024.
19 earlier events are in the company report.
Frequently asked questions
Sai Retail India is an active public limited company based in Hyderabad, Telangana, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 06 December 2013 (13+ years old) and is registered under CIN U52100TG2013PLC091552.
Sai Retail India has 5 current directors:
- Perumalla Srikanth - Whole-Time Director
- Kalyana Srinivas Annam - Director
- Mohammed Baba - Director
- Nagakanaka Durga Prasad Chalavadi - Director
- Lakshmi Satyasri Nekkanti - Director
The latest financial statements of Sai Retail India 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 Retail India is 36AATCS9831K1ZG, registered in Telangana. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AATCS9831K1ZB (Karnataka), 37AATCS9831K1ZE (Andhra Pradesh), 33AATCS9831K2ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Sai Retail India is U52100TG2013PLC091552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Retail India has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Sai Retail India was incorporated on 06 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sai Retail India by revenue are Ajmera Retail Private Limited, Plustel Networks Private Limited, Bonie Impex Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Perumalla Srikanth was appointed as Whole-Time Director on 05 May 2024. Perumalla Srikanth ceased to be Additional Director on 05 May 2024. Mohammed Baba ceased to be Additional Director on 31 Dec 2020. Sai Retail India has 14 board changes on record in total.
The registered office of Sai Retail India is at Municipal No: 8 – 268 Survey No: 126 Kismatpur Village Rajendra Nagar Mandal, Hyderabad, Telangana, India – 500030.
Sai Retail India operates in the fashion and textile industry, in the fashion retail segment.
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