MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JK-21-0006991
J. K. Cement Saifco Private Limited - manufacturing in Srinagar, Jammu And Kashmir, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹81.78 Cr
▼ 15% YoY
Net loss · FY 2025
₹76.29 Cr
Net margin -93.3%
EBITDA · FY 2025
-₹63.23 Cr
EBITDA margin -77.3%
Authorised capital
₹110 Cr
Registered with MCA
Paid-up capital
₹106.89 Cr
Issued & subscribed
Open charges
₹2.21 Cr
Satisfied ₹155.22 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
280
Provident fund records
About J. K. Cement Saifco Private Limited
Data last updated:
J. K. Cement Saifco Private Limited is a private limited company based in Srinagar, Jammu And Kashmir, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 19 February 1997 and has been in existence for over 29 years.
Its director Raghavpat Singhania is #412 among India's richest people (2026). Its director Madhavkrishna Singhania is #412 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U26959JK1997PTC001614. Its GSTIN is 01AAECS8832M1Z5 (Jammu and Kashmir). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹106.89 Cr. It was formerly known as Saifco Cements Private Limited. It is led by directors including Dawood Altaf Guna and Raghavpat Singhania.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Saman Khunmoh, Srinagar, Jammu and Kashmir, India – 191101.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.78 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹76.29 Cr (net margin -93.3%) and EBITDA of -₹63.23 Cr (EBITDA margin -77.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
The company has about 280 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saifco Cements. As per MCA filings, the company has open charges of ₹2.21 Cr and satisfied charges of ₹155.22 Cr on record. Court records list 19 cases involving the company, including 14 filed by the company and 5 filed against it; 6 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in June 2025. Its 4 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 1 larger and 3 smaller; the largest is Muva Industries Private Limited with revenue of ₹81.89 Cr.
J. K. Cement Saifco Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JK-21-0006991). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website saifcocements.com.
Company details
CIN U26959JK1997PTC001614
Registration Number 001614
Incorporation Date 19 February 1997
ROC Jammu
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-JK-21-0006991
Recognitions & Rankings of J. K. Cement Saifco
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #412 Raghavpat Singhania ₹9,000 Cr
- #412 Madhavkrishna Singhania ₹9,000 Cr
Contact details
J. K. Cement Saifco Private Limited's registered office is in Srinagar, Jammu And Kashmir. Its website is saifcocements.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSaman Khunmoh, Srinagar, Jammu and Kashmir, India – 191101
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of J. K. Cement Saifco Private Limited, buy the company report.
Comprehensive company report
J. K. Cement Saifco 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
J. K. Cement Saifco operates one associated brand: Saifco Cements. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement manufacturer and supplier | saifcocements.com |
Business activity
The main business activity of J. K. Cement Saifco is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of J. K. Cement Saifco Private Limited, buy the company report.
Financials of J. K. Cement Saifco Private Limited
FY 2024 filings availableJ. K. Cement Saifco Private Limited reported revenue of ₹81.78 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹81.78 Cr ▼ 15%
Net loss · FY 2025
₹76.29 Cr margin -93.3%
EBITDA · FY 2025
-₹63.23 Cr margin -77.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 404%
3 years · compounded
▼ 157%
5 years · compounded
▼ 59%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 404% 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 |
|---|---|---|---|---|---|
| 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 | -₹63.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹76.29 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -77.3% | ||||
| Net Profit Margin | -93.3% | ||||
| 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 J. K. Cement Saifco Private Limited, buy the company report.
Board of directors of J. K. Cement Saifco Private Limited
J. K. Cement Saifco has 7 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dawood Altaf Guna | Director | 06 Jun 2025 | 1 Years 5 Months | Current |
| Raghavpat Singhania Also directs: J. K. Cement Limited., JK Paints and Pigments Limited, JK Maxx Paints Limited and 5 more | Director | 06 Jun 2025 | 1 Years 5 Months | Current |
| Amit Kothari Also directs: Mitti Education and Welfare Foundation | Director | 06 Jun 2025 | 1 Years 5 Months | Current |
| Mudit Aggarwal | Additional Director | 17 Jul 2025 | 1 Years 3 Months | Current |
| Madhavkrishna Singhania Also directs: J. K. Cement Limited., JK Maxx Paints Limited, Yadu International Private Limited and 5 more | Director | 06 Jun 2025 | 1 Years 5 Months | Current |
| Suhail Manzoor Guna | Director | 19 Feb 1997 | 29 Years 8 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
J. K. Cement Saifco Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Muva Industries Private Limited | ₹81.89 Cr (FY 2024) | 15.0% | Kolkata, West Bengal, India | |||
| J. K. Cement Saifco Private Limitedthis company | ₹81.78 Cr (FY 2025) | -₹76.29 Cr | -93.3% | -15.0% | 280 | Srinagar, Jammu And Kashmir, India |
| Techno Prime RMC Private Limited | ₹81.4 Cr (FY 2025) | 17.0% | Delhi, India | |||
| Trumboo Cement Industries Private Limited | ₹79.07 Cr (FY 2025) | -1.0% | Rajbagh, Jammu and Kashmir, India | |||
| N S Concretes Private Limited | ₹78.92 Cr (FY 2025) | 51.0% | New Delhi, Delhi, India |
To see the full peer comparison of J. K. Cement Saifco Private Limited, buy the company report.
Auditor
J. K. Cement Saifco Private Limited is audited by Baba & Associates Chartered Accountants for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Baba & Associates Chartered Accountants | FY 2022 | 027598N |
Shareholding
The shareholding of J. K. Cement Saifco Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of J. K. Cement Saifco Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.21 Cr
Satisfied charges
₹155.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2022 | 100625263 | The Jammu and Kashmir Bank Limited | ₹2.21 Cr | Open | |
| 01 Jan 2018 | 100175453 | The Jammu and Kashmir Bank Limited | ₹40.2 Cr | Satisfied | |
| 27 Feb 2017 | 100093374 | The Jammu and Kashmir Bank Limited | ₹11.35 Cr | Satisfied | |
| 14 Jun 2016 | 100055387 | The Jammu and Kashmir Bank Limited | ₹13.8 Cr | Satisfied | |
| 28 Dec 2013 | 10479180 | The Jammu and Kashmir Bank Limited | ₹41 Cr | Satisfied |
To see the full charge records of J. K. Cement Saifco Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
J. K. Cement Saifco Private Limited has 1 deal on record (1 acquisition); the latest was in June 2025.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Acquisition | ₹149.81 Cr | Buyer: J. K. Cement Limited. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
J. K. Cement Saifco Private Limited has 19 court cases on record: 14 filed by J. K. Cement Saifco, 5 filed against it. 6 cases are pending and 13 are disposed.
Total cases
19
Filed by the company
14
Filed against the company
5
Pending
6
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 4 |
| District courts | 7 | 3 | 2 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JAMMU & KASHMIR | Court case (FAO(D)) | Filed against the company by United India Insurance Co. Ltd. Ms. Rifat Khalida | Disposed |
| District court, Srinagar, Jammu and Kashmir | Cheque dishonour complaint | Filed against the company by Fil Industries Ltd | Disposed |
| High Court, JAMMU & KASHMIR | Court case (AA) | Filed by the company against Eastern Coalfields Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by Promac Engineering Industries Ltd. | Disposed |
| District court, Srinagar, Jammu and Kashmir | Commercial suit | Filed against the company by an individual | Pending |
To see the full case history of J. K. Cement Saifco 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 J. K. Cement Saifco Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
J. K. Cement Saifco Private Limited has a workforce of 280 employees on its EPFO records as of May 2026.
Employee count
280
Employee growth
25.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 280 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of J. K. Cement Saifco Private Limited, buy the company report.
GST
J. K. Cement Saifco has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAECS8832M1Z5 | Jammu and Kashmir | Active | 08 Jul 2017 |
| 01AAECS8832M3Z3 | Jammu and Kashmir | Active | 01 Dec 2018 |
To see the full GST registrations and return filing status of J. K. Cement Saifco Private Limited, buy the company report.
Recent activity
J. K. Cement Saifco Private Limited has 21 board changes on record since 1997: 8 appointments and 13 cessations. The latest: Deepa Gopalan Wadhwa was appointed as Additional Director on 17 Jul 2025.
Charges
A charge with The Jammu And Kashmir Bank Limited of Rs. 2.21 Cr registered on 13 Oct 2022 with Charge ID 100625263 was modified on 06 Nov 2025.
Appointed
Deepa Gopalan Wadhwa was appointed as Additional Director.
Appointed
Mudit Aggarwal was appointed as Additional Director.
Ceased
Altaf Ahmad Guna ceased to be Director.
Appointed
Amit Kothari was appointed as Director.
Ceased
Amit Kothari ceased to be Additional Director.
Appointed
Dawood Altaf Guna was appointed as Director.
Ceased
Dawood Altaf Guna ceased to be Additional Director.
Ceased
Ghulam Hassan Baba ceased to be Director.
Ceased
Hilal Ahmad Bhat ceased to be Director.
Ceased
Ishfaq Trumboo ceased to be Managing Director.
Appointed
Madhavkrishna Singhania was appointed as Director.
32 earlier events are in the company report.
Frequently asked questions
J. K. Cement Saifco is an active private limited company based in Srinagar, Jammu And Kashmir, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 19 February 1997 (29+ years old) and is registered under CIN U26959JK1997PTC001614.
J. K. Cement Saifco has 7 current directors:
- Dawood Altaf Guna - Director
- Raghavpat Singhania - Director
- Amit Kothari - Director
- Mudit Aggarwal - Additional Director
- Madhavkrishna Singhania - Director
- Suhail Manzoor Guna - Director
- Deepa Gopalan Wadhwa - Additional Director
The latest financial statements of J. K. Cement Saifco on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of J. K. Cement Saifco is 01AAECS8832M1Z5, registered in Jammu and Kashmir. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 01AAECS8832M3Z3 (Jammu and Kashmir).
The CIN (Corporate Identification Number) of J. K. Cement Saifco is U26959JK1997PTC001614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J. K. Cement Saifco has 19 court cases on record: 14 filed by the company and 5 filed against it. 6 are pending. Most are in the high courts.
J. K. Cement Saifco was incorporated on 19 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Jammu.
J. K. Cement Saifco has 1 deal on record (1 acquisition); the latest was in June 2025.
The peers of J. K. Cement Saifco by revenue are Muva Industries Private Limited, Techno Prime RMC Private Limited, Trumboo Cement Industries Private Limited, N S Concretes Private Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Deepa Gopalan Wadhwa was appointed as Additional Director on 17 Jul 2025. Mudit Aggarwal was appointed as Additional Director on 17 Jul 2025. Altaf Ahmad Guna ceased to be Director on 06 Jun 2025. J. K. Cement Saifco has 21 board changes on record in total.
Yes, J. K. Cement Saifco is registered as a medium enterprise under Udyam registration (number: UDYAM-JK-21-0006991).
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