MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0046605
Saket Projects Ltd - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.08 Cr
▼ 41% YoY
Net profit · FY 2025
₹33.35 Lakh
Net margin 5.5%
EBITDA · FY 2025
₹65.2 Lakh
EBITDA margin 10.7%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹7.4 Cr
Issued & subscribed
Open charges
₹21 Lakh
Satisfied ₹2.18 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
18
Provident fund records
About Saket Projects Ltd
Data last updated:
Saket Projects Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1995PLC024344. Its GSTIN is 24AACCS6912J1ZC (Gujarat).
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹7.4 Cr. It is led by directors including Saket Jaynarayan Vyas (Managing Director) and Jaynarayan Narmadashankar Vyas (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Saket House Panchsheel Usmanpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.08 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹33.35 Lakh (net margin 5.5%) and EBITDA of ₹65.2 Lakh (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21 Lakh and satisfied charges of ₹2.18 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Saket Projects Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0046605). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saket-projects.com.
Company details
CIN U45201GJ1995PLC024344
Registration Number 024344
Incorporation Date 25 January 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0046605
CIN history
Saket Projects has one previous CIN (Corporate Identification Number): L45201GJ1995PLC024344. The current CIN is U45201GJ1995PLC024344, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ1995PLC024344 | Current |
| L45201GJ1995PLC024344 | Previous |
Key People
Saket Jaynarayan Vyas Managing Director Jaynarayan Narmadashankar Vyas Whole-Time Director Parag Sudhirbhai Shah Director Recognitions & Rankings of Saket Projects
Contact details
Saket Projects Ltd's registered office is in Ahmedabad, Gujarat. Its website is saket-projects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSaket House Panchsheel Usmanpura, Ahmedabad, Gujarat, India – 380013
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Saket Projects Ltd, buy the company report.
Comprehensive company report
Saket Projects Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Saket Projects are professional, scientific and technical, support service to organizations and manufacturing. In detail, this covers management consultancy activities, office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Saket Projects Ltd, buy the company report.
Financials of Saket Projects Ltd
FY 2025 filings availableSaket Projects Ltd reported revenue of ₹6.08 Cr (down 41% YoY) for FY 2025.
Revenue · FY 2025
₹6.08 Cr ▼ 41%
Net profit · FY 2025
₹33.35 Lakh margin 5.5%
EBITDA · FY 2025
₹65.2 Lakh margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 8%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 72%
3 years · compounded
▲ 90%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 41% fall in the latest year. EBITDA fell 72% 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 | ₹65.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.35 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 5.5% | ||||
| 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 Saket Projects Ltd, buy the company report.
Board of directors of Saket Projects Ltd
Saket Projects has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaynarayan Narmadashankar Vyas | Whole-Time Director | 16 Mar 2021 | 5 Years 7 Months | Current |
| Saket Jaynarayan Vyas | Managing Director | 01 Mar 2005 | 21 Years 7 Months | Current |
| Parag Sudhirbhai Shah | Director | 12 Jul 2022 | 4 Years 3 Months | Current |
| Jayantilal Anandram Dave | Director | 30 Jan 2010 | 16 Years 8 Months | Current |
Auditor
Saket Projects Ltd is audited by ASIM MEHTA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASIM MEHTA AND ASSOCIATES | FY 2022 | 035039 |
Shareholding
The shareholding of Saket Projects Ltd 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 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saket Projects Ltd, buy the company report.
Charges & borrowings
Open charges
₹21 Lakh
Satisfied charges
₹2.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2021 | 100494777 | Hdfc Bank Limited | ₹21 Lakh | Satisfied | |
| 27 Nov 2019 | 100308762 | Hdfc Bank Limited | ₹9 Lakh | Satisfied | |
| 22 Apr 2019 | 100259308 | Hdfc Bank Limited | ₹13 Lakh | Satisfied | |
| 30 Aug 2003 | 80053982 | The Kalupur Commercial Co-Operative Bank Limited | ₹25 Lakh | Satisfied | |
| 18 Sep 2002 | 80050252 | The Kalupur Commercial Co-Operative Bank Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Saket Projects Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Saket Projects Ltd has 2 court cases on record: 2 filed by Saket Projects. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against Jamnagar Municipal Corporation | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Rajkot Municipal Corporation | Disposed |
To see the full case history of Saket Projects Ltd, 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 Saket Projects Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saket Projects Ltd has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
5.88%
GST
Saket Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6912J1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saket Projects Ltd, buy the company report.
Recent activity
Saket Projects Ltd has 12 board changes on record since 2005: 4 appointments and 8 cessations. The latest: Parag Sudhirbhai Shah ceased to be Additional Director on 28 Sep 2022.
AGM
Saket Projects Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Saket Projects Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 Oct 2021 via Charge ID 100494777 with Hdfc Bank Limited was fully satisfied on 07 Jan 2025.
Charges
A charge registered on 27 Nov 2019 via Charge ID 100308762 with Hdfc Bank Limited was fully satisfied on 06 Dec 2022.
Ceased
Parag Sudhirbhai Shah ceased to be Additional Director.
Ceased
Harishkumar Sanatkumar Vyas ceased to be Director.
Appointed
Parag Sudhirbhai Shah was appointed as Director.
Charges
A charge registered on 22 Apr 2019 via Charge ID 100259308 with Hdfc Bank Limited was fully satisfied on 08 Apr 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100494777 was registered on 06 Oct 2021.
Ceased
Jaynarayan Narmadashankar Vyas ceased to be Additional Director.
Appointed
Jaynarayan Narmadashankar Vyas was appointed as Whole-Time Director.
Ceased
Suhasini Jaynarayan Vyas ceased to be Whole-Time Director.
17 earlier events are in the company report.
Frequently asked questions
Saket Projects is an active public limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 January 1995 (31+ years old) and is registered under CIN U45201GJ1995PLC024344.
Saket Projects has 4 current directors:
- Saket Jaynarayan Vyas - Managing Director
- Jaynarayan Narmadashankar Vyas - Whole-Time Director
- Parag Sudhirbhai Shah - Director
- Jayantilal Anandram Dave - Director
The latest financial statements of Saket Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Saket Projects is 24AACCS6912J1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Saket Projects is U45201GJ1995PLC024344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saket Projects has 2 court cases on record: 2 filed by the company.
Saket Projects was incorporated on 25 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Parag Sudhirbhai Shah ceased to be Additional Director on 28 Sep 2022. Harishkumar Sanatkumar Vyas ceased to be Director on 12 Jul 2022. Parag Sudhirbhai Shah was appointed as Director on 12 Jul 2022. Saket Projects has 12 board changes on record in total.
Yes, Saket Projects is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0046605).
Saket Projects can be reached through the website saket-projects.com. Its registered office is in Ahmedabad, Gujarat, India.