Sai-Ashray Industries Limited
About Sai-Ashray Industries Limited
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Sai-Ashray Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PLC091393.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹94.39 Lakh. It is led by directors including Shanu Pramod Podar and Rahul Radheshyam Bhomavat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 1/2 Kalpita Enclave Sahar Road Andheri (E), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.48 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹3.44 Cr (net margin -6.7%) and EBITDA of -₹1.99 Cr (EBITDA margin -3.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
Its group structure includes 1 subsidiary.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in June 2019. Its 10 peer companies in the BFSI industry (Broking Services) are compared by revenue, 5 larger and 5 smaller; the largest is Canara Bank Securities Limited with revenue of ₹52.03 Cr. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 22 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sai-Ashray Industries has one previous CIN (Corporate Identification Number): U67120MH1995PTC091393. The current CIN is U67120MH1995PLC091393, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PLC091393 | Current |
| U67120MH1995PTC091393 | Previous |
Contact details
Sai-Ashray Industries Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 1/2 Kalpita Enclave Sahar Road Andheri (E), Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Sai-Ashray Industries 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-Ashray Industries Limited
FY 2025 filings availableSai-Ashray Industries Limited reported revenue of ₹51.48 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 63% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.9% | ||||
| Net Profit Margin | -6.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Sai-Ashray Industries Limited, buy the company report.
Board of directors of Sai-Ashray Industries Limited
Sai-Ashray Industries has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanu Pramod Podar Also directs: Rahul Pharma Ltd, K. A. Malle Pharmaceuticals Limited | Director | 04 Aug 2008 | 18 Years 2 Months | Current |
| Rahul Radheshyam Bhomavat Also directs: Rahul Pharma Ltd, R S Residency Private Limited, K. A. Malle Pharmaceuticals Limited and 3 more | Director | 08 Jun 2018 | 8 Years 4 Months | Current |
| Divyakumar Jain Also directs: Rahul Pharma Ltd, R S Residency Private Limited, K. A. Malle Pharmaceuticals Limited and 3 more | Director | 10 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Sai-Ashray Industries Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Canara Bank Securities Limited | ₹52.03 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Renaissance Portfolio Private Limited | ₹51.98 Cr (FY 2018) | 1909.0% | Delhi, India | |||
| Kaushik Shah Shares and Securities Private Limited | ₹51.96 Cr (FY 2024) | 399.0% | Mumbai, Maharashtra, India | |||
| Plasma Commercials Private Limited | ₹51.78 Cr (FY 2025) | -71.0% | Kolkata, West Bengal, India | |||
| Jayneel Securities Private Limited | ₹51.57 Cr (FY 2025) | 2997.0% | Rajkot, Gujarat, India | |||
| Sai-Ashray Industries Limitedthis company | ₹51.48 Cr (FY 2025) | -₹3.44 Cr | -6.7% | 3.0% | Mumbai, Maharashtra, India | |
| Edelweiss Securities and Investments Private Limited | ₹51.41 Cr (FY 2025) | -55.0% | Mumbai, Maharashtra, India | |||
| Prrsaar Sampada Private Limited | ₹51.37 Cr (FY 2024) | 541.0% | New Delhi, Delhi, India | |||
| Ridhi Share Brokers Private Limited | ₹51.3 Cr (FY 2025) | -15.0% | Jaipur, Rajasthan, India | |||
| Goldwave Commodities Private Limited | ₹51.25 Cr (FY 2025) | 1003.0% | Hyderabad, Telangana, India | |||
| Mehta Equities Private Limited | ₹51.06 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sai-Ashray Industries Limited, buy the company report.
Auditor
Sai-Ashray Industries Limited is audited by Shankar & Kishor for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shankar & Kishor | FY 2023 | 112451W |
Shareholding
The shareholding of Sai-Ashray Industries 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-Ashray Industries Limited, buy the company report.
Deals & funding
Sai-Ashray Industries Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Rahul Pharma Ltd , Nautilus Infotech Private Limited , R S Residency Private Limited Seller: 4 individuals |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Radheshyam Bhomavat HUF |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sai-Ashray Industries Limited has 6 court cases on record: 2 filed by Sai-Ashray Industries, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by K. A. Malle Pharmaceuticals Limited and 4 Ors | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by The Cosmos Cooperative Bank Ltd., and 3 others | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Sai-Ashray Industries 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
Sai-Ashray Industries Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 22 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shankar & Kishor | |||
| Sksi & Associate LLP |
To see the full MSME payment records of Sai-Ashray Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sai-Ashray Industries has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| K. A. Malle Pharmaceuticals Limited | U70101MH1982PLC027110 |
To see the full group structure of Sai-Ashray Industries Limited, buy the company report.
GST
No GST registration is on our record for Sai-Ashray Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sai-Ashray Industries Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Rahul Radheshyam Bhomavat ceased to be Additional Director on 30 Sep 2018.
4 earlier events are in the company report.
Frequently asked questions
Sai-Ashray Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 August 1995 (31+ years old) and is registered under CIN U67120MH1995PLC091393.
Sai-Ashray Industries has 3 current directors:
- Shanu Pramod Podar - Director
- Rahul Radheshyam Bhomavat - Director
- Divyakumar Jain - Director
The latest financial statements of Sai-Ashray Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sai-Ashray Industries is U67120MH1995PLC091393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai-Ashray Industries has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.
Sai-Ashray Industries was incorporated on 07 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Sai-Ashray Industries has 2 deals on record (2 secondary share transfers); the latest was in June 2019.
The peers of Sai-Ashray Industries by revenue are Canara Bank Securities Limited, Renaissance Portfolio Private Limited, Kaushik Shah Shares and Securities Private Limited, Plasma Commercials Private Limited, Jayneel Securities Private Limited and 5 more, all in the BFSI industry (Broking Services).
Rahul Radheshyam Bhomavat ceased to be Additional Director on 30 Sep 2018. Rahul Radheshyam Bhomavat was appointed as Director on 08 Jun 2018. Divyakumar Jain ceased to be Additional Director on 22 Sep 2015. Sai-Ashray Industries has 13 board changes on record in total.
Sai-Ashray Industries has 5 MSME Form 1 returns on record between 2023 and 2024, listing 22 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Apr 2024.
The registered office of Sai-Ashray Industries is at G – 12 Kalpita Enclave Sahar Road Andheri E, Mumbai, Maharashtra, India – 400069.
Sai-Ashray Industries operates in the financial services industry, in the brokerage and trading services segment.