MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-HP-10-0000300
Sai Tech Medicare Private Limited - pharma in Naraingarh, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹121.28 Cr
▲ 8% YoY
Net profit · FY 2024
₹76.65 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹4.75 Cr
EBITDA margin 3.9%
Authorised capital
₹24.5 Cr
Registered with MCA
Paid-up capital
₹13.87 Cr
Issued & subscribed
Open charges
₹62.32 Cr
Satisfied ₹31.4 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
40
Provident fund records
About Sai Tech Medicare Private Limited
Data last updated:
Sai Tech Medicare Private Limited is a private limited company based in Naraingarh, Haryana, India, a subsidiary of Symbiosis Pharmaceuticals Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24233HR2006PTC036501. Its GSTIN is 02AALCS3115N1ZC (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹24.5 Cr and a paid-up capital of ₹13.87 Cr. It is led by directors including Rajat Kumar Bhalotia and Jagbir Singh.
Its latest financial statements are for the year ended 31 March 2024. The registered office is at Naraingarh, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹121.28 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹76.65 Lakh (net margin 0.6%) and EBITDA of ₹4.75 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saitech Medicare. As per MCA filings, the company has open charges of ₹62.32 Cr and satisfied charges of ₹31.4 Cr on record. Court records list 53 cases involving the company, including 24 filed by the company and 29 filed against it; 15 cases are pending.
Sai Tech Medicare Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-10-0000300). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saitechmedicare.in.
Company details
CIN U24233HR2006PTC036501
Registration Number 036501
Incorporation Date 26 December 2006
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Balance Sheet 31 March 2024
Parent Company Symbiosis Pharmaceuticals Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HP-10-0000300
Recognitions & Rankings of Sai Tech Medicare
Contact details
Sai Tech Medicare Private Limited's registered office is in Naraingarh, Haryana. Its website is saitechmedicare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShopno167Khewat No.761 Khatoni No.799 Khasra No.26 Ground Floor Subhash Chowk Raipur Rani, Road, Naraingarh, Haryana, India – 134203
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sai Tech Medicare Private Limited, buy the company report.
Comprehensive company report
Sai Tech Medicare 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 Tech Medicare operates one associated brand: Saitech Medicare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pharmaceutical medicines, tablets, capsules, and syrups for supply in India. | saitechmedicare.in |
Financials of Sai Tech Medicare Private Limited
FY 2024 filings availableSai Tech Medicare Private Limited reported revenue of ₹121.28 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹121.28 Cr ▲ 8%
Net profit · FY 2024
₹76.65 Lakh margin 0.6%
EBITDA · FY 2024
₹4.75 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 6%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 4%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 8% growth in the latest year. EBITDA fell 11% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹121.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.65 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Tech Medicare Private Limited, buy the company report.
Board of directors of Sai Tech Medicare Private Limited
Sai Tech Medicare has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Kumar Bhalotia Also directs: India Gold Home Appliances LLP, House of Innovations Private Limited, Sai Corporation India Private Limited and 5 more | Director | 15 Jun 2010 | 16 Years 4 Months | Current |
| Jagbir Singh | Director | 15 Jun 2010 | 16 Years 4 Months | Current |
| Sheetal Dass | Director | 27 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Sai Tech Medicare Private Limited is audited by GARG YOGESH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG YOGESH & ASSOCIATES | FY 2024 | 031785N |
Shareholding
The shareholding of Sai Tech Medicare 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 Tech Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹62.32 Cr
Satisfied charges
₹31.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101083707 | Sidbi | ₹2.06 Cr | Open | |
| 09 May 2022 | 100569758 | State Bank of India | ₹2.08 Cr | Open | |
| 27 Oct 2020 | 100388575 | State Bank of India | ₹1.66 Cr | Open | |
| 28 Aug 2020 | 100382959 | State Bank of India | ₹2.36 Cr | Open | |
| 16 May 2020 | 100364890 | State Bank of India | ₹2.1 Cr | Open |
To see the full charge records of Sai Tech Medicare Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Sai Tech Medicare Private Limited has 53 court cases on record: 24 filed by Sai Tech Medicare, 29 filed against it. 15 cases are pending and 38 are disposed.
Total cases
53
Filed by the company
24
Filed against the company
29
Pending
15
Disposed
38
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 13 | 8 |
| High courts | 21 | 11 | 3 |
| NCLAT | 8 | 4 | 4 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Alchemist Limited and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Alchemist Limited and 2 others | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Alchemist Limited | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Ipca Laboratories Ltd. | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Ipca Laboratories Ltd. | Disposed |
To see the full case history of Sai Tech Medicare 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 Tech Medicare Private Limited was last rated by Brickwork on 15 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 15 Jun 2021 |
To see the full credit ratings and regulatory alerts of Sai Tech Medicare Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sai Tech Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sai Tech Medicare Private Limited has a workforce of 40 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
5.26%
GST
Sai Tech Medicare has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AALCS3115N1ZC | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Tech Medicare Private Limited, buy the company report.
Recent activity
Sai Tech Medicare Private Limited has 17 board changes on record since 2010: 3 appointments and 14 cessations. The latest: Rajat Kumar Bhalotia ceased to be Director on 09 Feb 2022.
Charges
A charge with Sidbi amounted to Rs. 2.06 Cr with Charge ID 101083707 was registered on 28 Feb 2025.
Charges
A charge with State Bank Of India of Rs. 27.37 Cr registered on 03 Jun 2013 with Charge ID 10439747 was modified on 04 May 2024.
Charges
A charge with State Bank Of India of Rs. 24.69 Cr registered on 20 Jul 2011 with Charge ID 10302125 was modified on 04 May 2024.
Filing
Sai Tech Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with State Bank Of India of Rs. 2.08 Cr registered on 09 May 2022 with Charge ID 100569758 was modified on 31 May 2023.
Charges
A charge with State Bank Of India of Rs. 1.66 Cr registered on 27 Oct 2020 with Charge ID 100388575 was modified on 31 May 2023.
Charges
A charge with State Bank Of India of Rs. 2.36 Cr registered on 28 Aug 2020 with Charge ID 100382959 was modified on 31 May 2023.
Charges
A charge registered on 09 May 2022 via Charge ID 100569702 with State Bank Of India was fully satisfied on 02 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 3.00 Cr with Charge ID 100569702 was registered on 09 May 2022.
Charges
A charge with State Bank Of India amounted to Rs. 2.08 Cr with Charge ID 100569758 was registered on 09 May 2022.
Ceased
Rajat Kumar Bhalotia ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 1.66 Cr with Charge ID 100388575 was registered on 27 Oct 2020.
31 earlier events are in the company report.
Frequently asked questions
Sai Tech Medicare is an active private limited company based in Naraingarh, Haryana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 26 December 2006 (20+ years old) and is registered under CIN U24233HR2006PTC036501.
Sai Tech Medicare has 3 current directors:
- Rajat Kumar Bhalotia - Director
- Jagbir Singh - Director
- Sheetal Dass - Director
The latest financial statements of Sai Tech Medicare on record with the MCA are for the year ended 31 March 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Tech Medicare is 02AALCS3115N1ZC, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sai Tech Medicare is U24233HR2006PTC036501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Tech Medicare has 53 court cases on record: 24 filed by the company and 29 filed against it. 15 are pending. Most are in the district courts.
Sai Tech Medicare was incorporated on 26 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Rajat Kumar Bhalotia ceased to be Director on 09 Feb 2022. Jaspinder Singh ceased to be Company Secretary on 13 Oct 2020. Sheetal Dass was appointed as Director on 27 Dec 2019. Sai Tech Medicare has 17 board changes on record in total.
Yes, Sai Tech Medicare is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-10-0000300).
Sai Tech Medicare can be reached through the website saitechmedicare.in. Its registered office is in Naraingarh, Haryana, India.
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