About Saichand Elevators Private Limited
Data last updated:
Saichand Elevators Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the security products segment of the manufacturing sector. It was incorporated on 03 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29150MH2006PTC158583. Its GSTIN is 27AAJCS5587J1ZM (Maharashtra). The company holds 2 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 Subray Narasinha Joshi and Chandan Subray Joshi.
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 E/304 Sejal Kajal Apartments Ram Mandir Road Goregaon West, Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.43 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.99 Lakh (net margin 1.4%) and EBITDA of ₹13.53 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 17% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: SAICHAND Elevators. As per MCA filings, the company has open charges of ₹1.06 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website scelevators.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressE/304 Sejal Kajal Apartments Ram Mandir Road Goregaon West, Mumbai, Maharashtra, India – 400104
- IndustryManufacturing, Security Products
- 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
- One PDF report, delivered after checkout
Business Activity of Saichand Elevators Private Limited
The main business activity of Saichand Elevators is manufacturing. In detail, this covers repair and installation of machinery and equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 33 | Repair and installation of machinery and equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saichand Elevators Private Limited FY 2025 filings available
Saichand Elevators Private Limited reported revenue of ₹6.43 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saichand Elevators Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 8% 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 of Saichand Elevators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.99 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 of Saichand Elevators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saichand Elevators are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saichand Elevators Private Limited
Saichand Elevators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Screwtech Engineering P Ltd | ₹6.53 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Pune, Maharashtra, India |
| New Age Lifts Private Limited | ₹6.49 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Surat, Gujarat, India |
| Opera Elevators Private Limited | ₹6.48 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Ahmedabad Local, Gujarat, India |
| Danver Hydromatics Private Limited | ₹6.44 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Kolkata, West Bengal, India |
| Mineral Process Equipment Private Limited | ₹6.44 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Saichand Elevators Private Limited this company | ₹6.43 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Durg Manglam Projects Private Limited | ₹6.42 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Manesar, Haryana, India |
| Premur Impex Ltd. | ₹6.39 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Howrah, West Bengal, India |
| Dynemix India Engg. Private Limited | ₹6.36 Cr (FY 2023) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Khodiyar Industrial Private Limited | ₹6.26 Cr (FY 2024) | •••• | •••• | 97.0% | •••• | Lodhika, Gujarat, India |
| Pro-Quip Solutions Private Limited | ₹6.26 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Saichand Elevators by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saichand Elevators Private Limited
Saichand Elevators Private Limited is audited by SAYEED KHAN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAYEED KHAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saichand Elevators Private Limited
Saichand Elevators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subray Narasinha Joshi | Director | 03 Jan 2006 | 20 Years 9 Months | Current |
| Chandan Subray Joshi | Director | 03 Jan 2006 | 20 Years 9 Months | Current |
Ownership and Shareholding of Saichand Elevators Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saichand Elevators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2024 | Others | ₹75 Lakh | Open |
| 02 Mar 2021 | Others | ₹31 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Saichand Elevators Private Limited
Saichand Elevators Private Limited has 2 court cases on record: 1 filed by Saichand Elevators, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Dy. Registrar of Companies | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against 1 Ms Tannna Construction Company 1 | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Saichand Elevators Private Limited
Saichand Elevators operates one associated brand: SAICHAND Elevators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevator solutions, including products and services like maintenance and modernization, are provided in Mumbai. | scelevators.com |
Employees and EPFO Compliance at Saichand Elevators Private Limited
Saichand Elevators Private Limited has a workforce of 1 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Saichand Elevators Private Limited
Saichand Elevators has one previous CIN (Corporate Identification Number): U29150MH2005PTC158583. The current CIN is U29150MH2006PTC158583, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29150MH2006PTC158583 | Current |
| U29150MH2005PTC158583 | Previous |
Recent Activity on Saichand Elevators Private Limited
Saichand Elevators Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Chandan Subray Joshi was appointed as Director on 03 Jan 2006.
Credit Ratings, Litigation & Regulatory Alerts for Saichand Elevators Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saichand Elevators Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saichand Elevators Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saichand Elevators Private Limited
Saichand Elevators has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS5587J1ZM | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saichand Elevators Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saichand Elevators Private Limited
Saichand Elevators is an active private limited company based in Mumbai, Maharashtra, India. The company works in security products, within the manufacturing industry. It was incorporated on 03 January 2006 (20+ years old) and is registered under CIN U29150MH2006PTC158583.
Saichand Elevators reported revenue of ₹6.43 Cr for FY 2025 (down 1% YoY).
Saichand Elevators has 2 current directors:
- Subray Narasinha Joshi - Director
- Chandan Subray Joshi - Director
Saichand Elevators reported a net profit of ₹8.99 Lakh (net margin 1.4%) and EBITDA of ₹13.53 Lakh (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saichand Elevators is 5% over three years and 17% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saichand Elevators is 27AAJCS5587J1ZM, registered in Maharashtra. 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 Saichand Elevators is U29150MH2006PTC158583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saichand Elevators has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Saichand Elevators was incorporated on 03 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saichand Elevators by revenue are Screwtech Engineering P Ltd, New Age Lifts Private Limited, Opera Elevators Private Limited, Danver Hydromatics Private Limited, Mineral Process Equipment Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Chandan Subray Joshi was appointed as Director on 03 Jan 2006. Subray Narasinha Joshi was appointed as Director on 03 Jan 2006.