About Sakar Industries Private Limited
Data last updated:
Sakar Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ1996PTC030244. Its GSTIN is 24AADCS3756P1ZV (Gujarat). The company holds 11 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.85 Cr. It was formerly known as Sakar Ferro Alloys Private Limited and Sakar Industries Limited. It is led by directors including Hardik Ramesh Shah and Rohankumar Ramesh Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹568.49 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹4.2 Cr (net margin 0.7%) and EBITDA of ₹18.14 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 14% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹141.66 Cr and satisfied charges of ₹51.2 Cr on record. Court records list 16 cases involving the company, including 6 filed by the company and 10 filed against it; 5 cases are pending. The company has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.85 Cr; the latest was in May 2022. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 73 overdue payments to 44 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sakarindustries.in.
Company details
Name history
Sakar Industries has undergone 2 name changes throughout its history. The company was previously known as Sakar Ferro Alloys Private Limited, and Sakar Industries Limited. The current legal name is Sakar Industries Private Limited.
| Company Name | Status |
|---|---|
| Sakar Industries Private Limited | Current |
| Sakar Ferro Alloys Private Limited | Previous |
| Sakar Industries Limited | Previous |
CIN history
Sakar Industries has one previous CIN (Corporate Identification Number): U27100GJ1996PLC030244. The current CIN is U27100GJ1996PTC030244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ1996PTC030244 | Current |
| U27100GJ1996PLC030244 | Previous |
Contact details
Sakar Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sakarindustries.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 10 New Madhupura Market, Shahibaug Road, Ahmedabad, Gujarat, India – 380004
- IndustryMetals and Minerals, Metal Retail & Distribution, Metal Manufacturing & Processing
To see the full contact details of Sakar Industries Private 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
Business activity
The main business activity of Sakar Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sakar Industries Private Limited, buy the company report.
Financials of Sakar Industries Private Limited
FY 2025 filings availableSakar Industries Private Limited reported revenue of ₹568.49 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 47% growth in the latest year. 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 |
|---|---|---|---|---|---|
| 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 | ₹18.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.2 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 | 3.2% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Sakar Industries Private Limited, buy the company report.
Board of directors of Sakar Industries Private Limited
Sakar Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Ramesh Shah Also directs: Sakar Nutrifoods Private Limited, Aluxtrusion India Limited | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Rohankumar Ramesh Shah Also directs: Albrasco Industries Private Limited | Director | 13 Jun 2012 | 14 Years 4 Months | Current |
| Rameshkumar Rikhavchand Shah | Director | 25 Sep 2009 | 17 Years 1 Months | Current |
Auditor
Sakar Industries Private Limited is audited by Raman M. Jain & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raman M. Jain & Co. | FY 2024 | 113290W |
Shareholding
The shareholding of Sakar Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sakar Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2024 | 100951379 | The Hongkong and Shanghai Banking Corporation Limited | ₹21 Cr | Open | |
| 11 May 2023 | 100726180 | State Bank of India | ₹10.2 Lakh | Open | |
| 08 Feb 2021 | 100421432 | State Bank of India | ₹60.28 Cr | Open | |
| 30 Jul 2020 | 100420245 | State Bank of India | ₹3.65 Cr | Open | |
| 28 May 2020 | 100339348 | Hdfc Bank Limited | ₹30.63 Cr | Open |
To see the full charge records of Sakar Industries Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Sakar Industries Private Limited has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.85 Cr; the latest was in May 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: Rohan R & Shah Huf, 3 individuals Seller: Kavery Trading Holding Private Limited, Oven Commercials Private Limited, Chaturang Commercials Pvt Ltd |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: Deepchand R Shah Huf, 3 individuals Seller: 4 individuals |
| Mar 2012 | Funding round | ₹3.9 Cr | Investors: Doonvally Finance And Leasing Limited, Pushkar Trading And Holding Private Limited, Oven Commercials Private Limited |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ambition Tie-Up Pvt Ltd , Marrot Stock Holdings Private Limited , Mitesh Papers Private Limited |
| Mar 2008 | Funding round | ₹5.45 Cr | Investors: Saharshi Securities Private Limited , Asopalav Traders Private Limited, Surnisha Organizers Private Limited |
To see the full deal history of Sakar Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sakar Industries Private Limited has 16 court cases on record: 6 filed by Sakar Industries, 10 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 1 |
| High courts | 4 | 1 | 2 |
| NCLAT | 2 | 0 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by Union of India and 161 others | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Committee of Creditors of Essar Steel India Limited Through Authorised Signatory Through Authorised Signatory 27Km, Surat Hazira Road, Po Hazira ,Surat , Gujarat | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Customs | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Commissioner of Customs (Import) | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against State Bank of India and 4 others | Pending |
To see the full case history of Sakar Industries 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
Sakar Industries Private Limited was last rated by Care on 14 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Jun 2022 |
To see the full credit ratings and regulatory alerts of Sakar Industries Private Limited, buy the company report.
MSME payment delays
Sakar Industries Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 73 overdue payments to 44 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 (5 of 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Suraj Forwarders Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Shah Arvindkumar Rameshkumar & Co | |||
| an individual supplier |
To see the full MSME payment records of Sakar Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sakar Industries has 11 GST registrations: 4 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3756P1ZV | Gujarat | Active | 01 Jul 2017 |
| 24AADCS3756P1D4 | Gujarat | Active | 22 Oct 2024 |
| 21AADCS3756P2Z0 | Odisha | Active | 27 Feb 2025 |
| 22AADCS3756P1ZZ | Chattisgarh | Active | 21 Mar 2025 |
To see the full GST registrations and return filing status of Sakar Industries Private Limited, buy the company report.
Recent activity
Sakar Industries Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Deepchand Rikhavchan Shah ceased to be Director on 15 Jul 2022.
29 earlier events are in the company report.
Frequently asked questions
Sakar Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 July 1996 (30+ years old) and is registered under CIN U27100GJ1996PTC030244.
Sakar Industries has 3 current directors:
- Hardik Ramesh Shah - Director
- Rohankumar Ramesh Shah - Director
- Rameshkumar Rikhavchand Shah - Director
The latest financial statements of Sakar 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 GSTIN of Sakar Industries is 24AADCS3756P1ZV, registered in Gujarat. The company has 11 GST registrations in all, of which 4 are active and 7 are cancelled or inactive. Other active GSTINs include 24AADCS3756P1D4 (Gujarat), 21AADCS3756P2Z0 (Odisha), 22AADCS3756P1ZZ (Chattisgarh).
The CIN (Corporate Identification Number) of Sakar Industries is U27100GJ1996PTC030244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sakar Industries has 16 court cases on record: 6 filed by the company and 10 filed against it. 5 are pending. Most are in the district courts.
Sakar Industries was incorporated on 19 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sakar Industries has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.85 Cr; the latest was in May 2022.
Deepchand Rikhavchan Shah ceased to be Director on 15 Jul 2022. Hardik Ramesh Shah was appointed as Director on 01 Dec 2021. Rohankumar Ramesh Shah ceased to be Additional Director on 29 Sep 2012. Sakar Industries has 9 board changes on record in total.
Sakar Industries has 6 MSME Form 1 returns on record between 2019 and 2022, listing 73 overdue payments to 44 micro and small suppliers. The latest return was filed on 13 Nov 2022.
Sakar Industries can be reached through the website sakarindustries.in. Its registered office is in Ahmedabad, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
