MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0145311
Sai Vikas Coatings Private Limited - engineering in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.92 Cr
▼ 10% YoY
Net profit · FY 2024
₹4.8 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹36.08 Lakh
EBITDA margin 18.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.71 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
6
Provident fund records
About Sai Vikas Coatings Private Limited
Data last updated:
Sai Vikas Coatings Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 17 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC150665. Its GSTIN is 27AAUCS2689C1ZT (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Maruti Laxman Parse (Managing Director) and Vikas Maruti Parase.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S. No. 14 S Sankul Bldg Sh 17 Ganesh Colony Belthika Nagar, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.92 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.8 Lakh (net margin 2.5%) and EBITDA of ₹36.08 Lakh (EBITDA margin 18.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sai Vikas Coatings. As per MCA filings, the company has open charges of ₹4.71 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Sai Vikas Coatings Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0145311). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saivikascoatings.com.
Company details
CIN U74900PN2014PTC150665
Registration Number 150665
Incorporation Date 17 February 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0145311
Key People
Maruti Laxman Parse Managing Director Vikas Maruti Parase Director Parvati Maruti Parase Director Recognitions & Rankings of Sai Vikas Coatings
Contact details
Sai Vikas Coatings Private Limited's registered office is in Pune, Maharashtra. Its website is saivikascoatings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No. 14 S Sankul Bldg Sh 17 Ganesh Colony Belthika Nagar, Pune, Maharashtra, India – 411033
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Sai Vikas Coatings Private Limited, buy the company report.
Comprehensive company report
Sai Vikas Coatings 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 Vikas Coatings operates one associated brand: Sai Vikas Coatings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial coatings, flooring, and waterproofing services in Pune. | saivikascoatings.com |
Business activity
The main business activity of Sai Vikas Coatings is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Sai Vikas Coatings Private Limited, buy the company report.
Financials of Sai Vikas Coatings Private Limited
FY 2024 filings availableSai Vikas Coatings Private Limited reported revenue of ₹1.92 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹1.92 Cr ▼ 10%
Net profit · FY 2024
₹4.8 Lakh margin 2.5%
EBITDA · FY 2024
₹36.08 Lakh margin 18.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 10%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 13%
5 years · compounded
▲ 7%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 10% fall in the latest year. EBITDA rose 18% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹36.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.8 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sai Vikas Coatings Private Limited, buy the company report.
Board of directors of Sai Vikas Coatings Private Limited
Sai Vikas Coatings has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Maruti Parase | Director | 08 Oct 2021 | 5 Years 0 Months | Current |
| Parvati Maruti Parase | Director | 17 Feb 2014 | 12 Years 8 Months | Current |
| Lakhan Parase Also directs: Exoril Industrial Services LLP | Director | 26 Mar 2019 | 7 Years 7 Months | Current |
| Maruti Laxman Parse | Managing Director | 17 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Sai Vikas Coatings Private Limited is audited by V S A P & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S A P & COMPANY | FY 2023 | 137979W |
Shareholding
The shareholding of Sai Vikas Coatings 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sai Vikas Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.71 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2022 | 100595424 | Indian Overseas Bank | ₹20.94 Lakh | Open | |
| 24 Sep 2014 | 10525933 | Indian Overseas Bank | ₹4.5 Cr | Open |
To see the full charge records of Sai Vikas Coatings Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sai Vikas Coatings Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Sai Vikas Coatings 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 Vikas Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sai Vikas Coatings Private Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
Sai Vikas Coatings has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS2689C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Vikas Coatings Private Limited, buy the company report.
Recent activity
Sai Vikas Coatings Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Vikas Maruti Parase ceased to be Additional Director on 30 Nov 2021.
Charges
A charge with Indian Overseas Bank of Rs. 20.94 Lakh registered on 16 Jun 2022 with Charge ID 100595424 was modified on 01 Feb 2025.
Charges
A charge with Indian Overseas Bank of Rs. 450.00 Lakh registered on 24 Sep 2014 with Charge ID 10525933 was modified on 01 Feb 2025.
AGM
Sai Vikas Coatings Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Sai Vikas Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Indian Overseas Bank amounted to Rs. 20.94 Lakh with Charge ID 100595424 was registered on 16 Jun 2022.
Ceased
Vikas Maruti Parase ceased to be Additional Director.
Appointed
Vikas Maruti Parase was appointed as Director.
Appointed
Lakhan Parase was appointed as Director.
Ceased
Lakhan Parase ceased to be Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 450.00 Lakh with Charge ID 10525933 was registered on 24 Sep 2014.
Appointed
Maruti Laxman Parse was appointed as Managing Director.
Appointed
Parvati Maruti Parase was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Sai Vikas Coatings is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 17 February 2014 (12+ years old) and is registered under CIN U74900PN2014PTC150665.
Sai Vikas Coatings has 4 current directors:
- Maruti Laxman Parse - Managing Director
- Vikas Maruti Parase - Director
- Parvati Maruti Parase - Director
- Lakhan Parase - Director
The latest financial statements of Sai Vikas Coatings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Vikas Coatings is 27AAUCS2689C1ZT, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sai Vikas Coatings is U74900PN2014PTC150665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Vikas Coatings has 1 court case on record: 1 filed against it. 1 is pending.
Sai Vikas Coatings was incorporated on 17 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Vikas Maruti Parase ceased to be Additional Director on 30 Nov 2021. Vikas Maruti Parase was appointed as Director on 08 Oct 2021. Lakhan Parase was appointed as Director on 26 Mar 2019. Sai Vikas Coatings has 6 board changes on record in total.
Yes, Sai Vikas Coatings is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0145311).
Sai Vikas Coatings can be reached through the website saivikascoatings.com. Its registered office is in Pune, Maharashtra, India.
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