MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-23-0027203
Saico Cranes Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹81.03 Cr
▲ 4% YoY
Net profit · FY 2024
₹1.81 Cr
Net margin 2.2%
EBITDA · FY 2024
₹3.95 Cr
EBITDA margin 4.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹18.7 Cr
Satisfied ₹7.5 Lakh
Company age
22 yrs
Est. 2004
Employees · EPFO
152
Provident fund records
About Saico Cranes Private Limited
Data last updated:
Saico Cranes Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29241MH2004PTC145376. Its GSTIN is 27AAICS3164J1Z2 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Harish Khubchand Alimchandani (Managing Director) and Kanta Harish Alimchandani.
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 515 Marathon Max Mulund Goregaon Link Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹81.03 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 2.2%) and EBITDA of ₹3.95 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 18% over five years.
The company has about 152 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.7 Cr and satisfied charges of ₹7.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Saico Cranes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0027203). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saicocranes.com.
Company details
CIN U29241MH2004PTC145376
Registration Number 145376
Incorporation Date 29 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-23-0027203
Key People
Harish Khubchand Alimchandani Managing Director Kanta Harish Alimchandani Director Jaideep Harish Alimchandani Director Recognitions & Rankings of Saico Cranes
Contact details
Saico Cranes Private Limited's registered office is in Mumbai, Maharashtra. Its website is saicocranes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address515 Marathon Max Mulund Goregaon Link Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Saico Cranes Private Limited, buy the company report.
Comprehensive company report
Saico Cranes 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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Business activity
The main business activity of Saico Cranes is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Saico Cranes Private Limited, buy the company report.
Financials of Saico Cranes Private Limited
FY 2025 filings availableSaico Cranes Private Limited reported revenue of ₹81.03 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹81.03 Cr ▲ 4%
Net profit · FY 2024
₹1.81 Cr margin 2.2%
EBITDA · FY 2024
₹3.95 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 26%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 41%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 4% growth in the latest year. EBITDA rose 92% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.81 Cr | ||||
| 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 | 4.9% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 Saico Cranes Private Limited, buy the company report.
Board of directors of Saico Cranes Private Limited
Saico Cranes has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Khubchand Alimchandani Also directs: Saico Multi Products Private Limited | Managing Director | 29 Mar 2004 | 22 Years 7 Months | Current |
| Kanta Harish Alimchandani Also directs: Saico Multi Products Private Limited | Director | 29 Mar 2004 | 22 Years 7 Months | Current |
| Jaideep Harish Alimchandani | Director | 29 Mar 2004 | 22 Years 7 Months | Current |
Peer comparison
Saico Cranes Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Green Field Material Handling Private Limited | ₹86.75 Cr (FY 2025) | -9.0% | Thane, Maharashtra, India | |||
| Orbis Elevator Company Limited | ₹85.29 Cr (FY 2024) | 28.0% | Ahmedabad, Gujarat, India | |||
| A P Cranes Private Limited | ₹81.77 Cr (FY 2025) | 2.0% | Bhiwadi, Rajasthan, India | |||
| Saico Cranes Private Limitedthis company | ₹81.03 Cr (FY 2024) | ₹1.81 Cr | 2.2% | 4.0% | Mumbai, Maharashtra, India | |
| S C A Heavy Equipment Private Limited | ₹80.21 Cr (FY 2025) | 33.0% | Bangalore, Karnataka, India | |||
| Hardrock Fabrication Private Limited | ₹78.95 Cr (FY 2024) | 1.0% | Kolkata, West Bengal, India | |||
| Alikraft Engineers Private Limited | ₹78.51 Cr (FY 2024) | 41.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Saico Cranes Private Limited, buy the company report.
Auditor
Saico Cranes Private Limited is audited by B G BALIGA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B G BALIGA & CO | FY 2023 | 100947W |
Shareholding
The shareholding of Saico Cranes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saico Cranes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.7 Cr
Satisfied charges
₹7.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2021 | 100513908 | Canara Bank | ₹38 Lakh | Open | |
| 24 Aug 2020 | 100386349 | Canara Bank | ₹76.85 Lakh | Open | |
| 28 Jun 2016 | 100040648 | Canara Bank | ₹5 Cr | Open | |
| 30 Mar 2009 | 10156571 | Canara Bank | ₹12.55 Cr | Open | |
| 24 Jan 2007 | 10041200 | Canara Bank | ₹7.5 Lakh | Satisfied |
To see the full charge records of Saico Cranes Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Saico Cranes Private Limited has 1 court case on record: 1 filed by Saico Cranes. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Pending |
To see the full case history of Saico Cranes 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
Saico Cranes Private Limited was last rated by Care on 19 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Jul 2022 |
To see the full credit ratings and regulatory alerts of Saico Cranes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saico Cranes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saico Cranes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS3164J1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saico Cranes Private Limited, buy the company report.
Recent activity
Saico Cranes Private Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Amit Harish Alimchandani ceased to be Additional Director on 27 Feb 2016.
AGM
Saico Cranes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saico Cranes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Canara Bank of Rs. 1,255.00 Lakh registered on 30 Mar 2009 with Charge ID 10156571 was modified on 15 Apr 2024.
Charges
A charge with Canara Bank amounted to Rs. 38.00 Lakh with Charge ID 100513908 was registered on 30 Nov 2021.
Charges
A charge with Canara Bank amounted to Rs. 76.85 Lakh with Charge ID 100386349 was registered on 24 Aug 2020.
Charges
A charge registered on 24 Jan 2007 via Charge ID 10041200 with Canara Bank was fully satisfied on 24 Apr 2018.
Charges
A charge with Canara Bank amounted to Rs. 500.00 Lakh with Charge ID 100040648 was registered on 28 Jun 2016.
Ceased
Amit Harish Alimchandani ceased to be Additional Director.
Appointed
Amit Harish Alimchandani was appointed as Additional Director.
Charges
A charge with Canara Bank amounted to Rs. 1,255.00 Lakh with Charge ID 10156571 was registered on 30 Mar 2009.
Charges
A charge with Canara Bank amounted to Rs. 7.50 Lakh with Charge ID 10041200 was registered on 24 Jan 2007.
Appointed
Harish Khubchand Alimchandani was appointed as Managing Director.
3 earlier events are in the company report.
Frequently asked questions
Saico Cranes is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 29 March 2004 (22+ years old) and is registered under CIN U29241MH2004PTC145376.
Saico Cranes has 3 current directors:
- Harish Khubchand Alimchandani - Managing Director
- Kanta Harish Alimchandani - Director
- Jaideep Harish Alimchandani - Director
The latest financial statements of Saico Cranes 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 GSTIN of Saico Cranes is 27AAICS3164J1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saico Cranes is U29241MH2004PTC145376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saico Cranes has 1 court case on record: 1 filed by the company. 1 is pending.
Saico Cranes was incorporated on 29 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saico Cranes by revenue are Green Field Material Handling Private Limited, Orbis Elevator Company Limited, A P Cranes Private Limited, S C A Heavy Equipment Private Limited, Hardrock Fabrication Private Limited and 1 more, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Amit Harish Alimchandani ceased to be Additional Director on 27 Feb 2016. Amit Harish Alimchandani was appointed as Additional Director on 01 Jun 2012. Harish Khubchand Alimchandani was appointed as Managing Director on 29 Mar 2004. Saico Cranes has 5 board changes on record in total.
Yes, Saico Cranes is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-23-0027203).
Saico Cranes can be reached through the website saicocranes.com. Its registered office is in Mumbai, Maharashtra, India.
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