Sai Sahara Tex Private Limited
About Sai Sahara Tex Private Limited
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Sai Sahara Tex Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1998PTC116687. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.99 Cr. It is led by directors including Ajaykumar Birendrapratap Singh and Sunilkumar Ranbahadur Singh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 91 New Kaneri Shanti Niketan Padma Nagar, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2018, the company reported a revenue of ₹26.03 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹28.26 Lakh (net margin -108.6%) and EBITDA of ₹15.4 Lakh (EBITDA margin 59.2%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sai Sahara Tex Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address91 New Kaneri Shanti Niketan Padma Nagar, Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sai Sahara Tex 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 Sahara Tex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sai Sahara Tex Private Limited, buy the company report.
Financials of Sai Sahara Tex Private Limited
FY 2018 filings availableSai Sahara Tex Private Limited reported revenue of ₹26.03 Lakh (down 81% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over three years, including a 81% fall in the latest year. EBITDA rose 106% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹26.03 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹15.4 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹28.26 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 59.2% | |||
| Net Profit Margin | -108.6% | |||
| 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 Sahara Tex Private Limited, buy the company report.
Board of directors of Sai Sahara Tex Private Limited
Sai Sahara Tex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Birendrapratap Singh | Director | 28 Sep 1998 | 28 Years 1 Months | Current |
| Sunilkumar Ranbahadur Singh | Director | 22 Feb 2014 | 12 Years 8 Months | Current |
| Vijaykumar Ranbahadur Singh Also directs: Heavy Weight Builders (OPC) Private Limited | Director | 01 Aug 2005 | 21 Years 3 Months | Current |
Auditor
Sai Sahara Tex Private Limited is audited by K DAVE & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K DAVE & CO | FY 2018 | 114718W |
Shareholding
The shareholding of Sai Sahara Tex Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sai Sahara Tex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2006 | 10081247 | The Shamrao Vithal Co-Op. Bank Ltd. | ₹30 Lakh | Open | |
| 06 Oct 2004 | 90236357 | The Shamroa Vithal Co-Oprative Bank Limited | ₹9.19 Lakh | Open | |
| 23 Mar 2001 | 90236077 | Others | ₹2.1 Cr | Open |
To see the full charge records of Sai Sahara Tex Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sai Sahara Tex Private Limited has 16 court cases on record: 1 filed by Sai Sahara Tex, 15 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 1 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Torrent Power Ltd. Bhiwandi | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Chief Commissioner of Income Tax (Osd) I/C PR. Cit-4 Mumbai -, ,Suresh Kumar | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Chief Commissioner of Income Tax (Osd)I/C PR. Cit-4, Mumbai | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Ramdev Sizers Through Its Partner Mansukh Bavji Patel | Disposed |
To see the full case history of Sai Sahara Tex 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 Sahara Tex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Sahara Tex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sai Sahara Tex Private Limited, buy the company report.
Recent activity
Sai Sahara Tex Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Sunilkumar Ranbahadur Singh was appointed as Director on 22 Feb 2014.
Frequently asked questions
Sai Sahara Tex is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 September 1998 (28+ years old) and is registered under CIN U17110MH1998PTC116687.
Sai Sahara Tex has 3 current directors:
- Ajaykumar Birendrapratap Singh - Director
- Sunilkumar Ranbahadur Singh - Director
- Vijaykumar Ranbahadur Singh - Director
The latest financial statements of Sai Sahara Tex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Sai Sahara Tex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sai Sahara Tex is U17110MH1998PTC116687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Sahara Tex has 16 court cases on record: 1 filed by the company and 15 filed against it. 3 are pending. Most are in the district courts.
Sai Sahara Tex was incorporated on 28 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunilkumar Ranbahadur Singh was appointed as Director on 22 Feb 2014. Vinodkumar Surendrapratap Singh ceased to be Director on 22 Feb 2014. Vijaykumar Ranbahadur Singh was appointed as Director on 01 Aug 2005. Sai Sahara Tex has 4 board changes on record in total.
The registered office of Sai Sahara Tex is at 91 New Kaneri Shanti Niketan Padma Nagar, Bhiwandi, Maharashtra, India – 421302.
Sai Sahara Tex operates in the manufacturing industry, in the textile and fabric production segment.
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