MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0004681
Sal Technologies & Solutions Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.2 Cr
▼ 86% YoY
Net profit · FY 2025
₹2.42 Cr
Net margin 110.1%
EBITDA · FY 2025
₹2.95 Cr
EBITDA margin 134.5%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹1.03 Cr
Issued & subscribed
Satisfied charges
₹65 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
3
Provident fund records
About Sal Technologies & Solutions Limited
Data last updated:
Sal Technologies & Solutions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 31 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30005MH2004PLC146621. Its GSTIN is 27AAICS3724N1ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹1.03 Cr. It was formerly known as Sal Technologies and Solutions Private Limited. It is led by directors including Leelawati Singh and Sunil Prakash.
Its last annual general meeting (AGM) was held on 30 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 704 7th Floor Hubtown Viva Western Express Highway Shankarwadi Jogeshwari (East), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.2 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹2.42 Cr (net margin 110.1%) and EBITDA of ₹2.95 Cr (EBITDA margin 134.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹65 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹39.77 Cr; the latest was in November 2022. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier.
Sal Technologies & Solutions Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004681). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saltechnologies.co.in.
Company details
CIN U30005MH2004PLC146621
Registration Number 146621
Incorporation Date 31 May 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0004681
CIN history
Sal Technologies & Solutions has one previous CIN (Corporate Identification Number): U30005MH2004PTC146621. The current CIN is U30005MH2004PLC146621, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30005MH2004PLC146621 | Current |
| U30005MH2004PTC146621 | Previous |
Recognitions & Rankings of Sal Technologies & Solutions
Contact details
Sal Technologies & Solutions Limited's registered office is in Mumbai, Maharashtra. Its website is saltechnologies.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address704 7th Floor Hubtown Viva Western Express Highway Shankarwadi Jogeshwari (East), Mumbai, Maharashtra, India – 400060
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Sal Technologies & Solutions Limited, buy the company report.
Comprehensive company report
Sal Technologies & Solutions 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 Sal Technologies & Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Sal Technologies & Solutions Limited, buy the company report.
Financials of Sal Technologies & Solutions Limited
FY 2024 filings availableSal Technologies & Solutions Limited reported revenue of ₹2.2 Cr (down 86% YoY) for FY 2025.
Revenue · FY 2025
₹2.2 Cr ▼ 86%
Net profit · FY 2025
₹2.42 Cr margin 110.1%
EBITDA · FY 2025
₹2.95 Cr margin 134.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 86%
3 years · compounded
▲ 12%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 80%
3 years · compounded
▲ 36%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 86% fall in the latest year. EBITDA fell 80% 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 |
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| EBITDA | ₹2.95 Cr | ||||
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| Net Profit (PAT) | ₹2.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 134.5% | ||||
| Net Profit Margin | 110.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sal Technologies & Solutions Limited, buy the company report.
Board of directors of Sal Technologies & Solutions Limited
Sal Technologies & Solutions has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Leelawati Singh Also directs: First Advantage Finance and Investments Private Limited, Carbide (Asia) Pvt Ltd, Advika International Private Limited and 5 more | Director | 01 Jul 2007 | 19 Years 3 Months | Current |
| Sunil Prakash Also directs: First Advantage Finance and Investments Private Limited, Carbide (Asia) Pvt Ltd, Midvalley Estates Private Limited and 5 more | Director | 22 Sep 2004 | 22 Years 1 Months | Current |
| Anil Prakash Also directs: Carbide (Asia) Pvt Ltd, Midvalley Estates Private Limited, Risk Care Insurance Broking Services Private Limited and 5 more | Director | 05 Dec 2005 | 20 Years 10 Months | Current |
| Ananya Anil Prasad Singh Also directs: Carbide (Asia) Pvt Ltd, Midvalley Estates Private Limited, Sal Comm Trades Private Limited and 5 more | Director | 31 May 2004 | 22 Years 4 Months | Current |
Auditor
Sal Technologies & Solutions Limited is audited by SARA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARA & ASSOCIATES | FY 2023 | 120927W |
Shareholding
The shareholding of Sal Technologies & Solutions Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sal Technologies & Solutions Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2022 | 100642580 | Others | ₹65 Cr | Satisfied |
To see the full charge records of Sal Technologies & Solutions Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Sal Technologies & Solutions Limited has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹39.77 Cr; the latest was in November 2022.
Total deals
10
Funding rounds
7
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹39.77 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹97 Lakh | Investors: First Advantage Finance and Investments Private Limited , B K Credit & Holdings Pvt Ltd |
| Mar 2010 | Funding round | ₹1.2 Cr | Investors: B K Credit & Holdings Pvt Ltd |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2006 | Funding round | ₹88 Lakh | Investors: 4 individuals |
To see the full deal history of Sal Technologies & Solutions 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
Sal Technologies & Solutions Limited has 1 court case on record: 1 filed by Sal Technologies & Solutions. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and 3 Others | Disposed |
To see the full case history of Sal Technologies & Solutions 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
Sal Technologies & Solutions Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S A R A & Associates |
To see the full MSME payment records of Sal Technologies & Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sal Technologies & Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Sal Technologies & Solutions Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
Sal Technologies & Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS3724N1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sal Technologies & Solutions Limited, buy the company report.
Recent activity
Sal Technologies & Solutions Limited has 4 board changes on record since 2004: 4 appointments. The latest: Leelawati Singh was appointed as Director on 01 Jul 2007.
AGM
Sal Technologies & Solutions Limited last Annual general meeting of members was held on 30 Oct 2024 as per latest MCA records.
Filing
Sal Technologies & Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 31 Oct 2022 via Charge ID 100642580 with Others was fully satisfied on 25 Jul 2023.
Charges
A charge with Others amounted to Rs. 65.00 Cr with Charge ID 100642580 was registered on 31 Oct 2022.
Appointed
Leelawati Singh was appointed as Director.
Appointed
Anil Prakash was appointed as Director.
Appointed
Sunil Prakash was appointed as Director.
Appointed
Ananya Anil Prasad Singh was appointed as Director.
Incorporation
31 May 2004
Sal Technologies & Solutions Limited was registered on 31 May 2004 with Roc Mumbai & aged 22 years 4 months as per MCA records.
Frequently asked questions
Sal Technologies & Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 31 May 2004 (22+ years old) and is registered under CIN U30005MH2004PLC146621.
Sal Technologies & Solutions has 4 current directors:
- Leelawati Singh - Director
- Sunil Prakash - Director
- Anil Prakash - Director
- Ananya Anil Prasad Singh - Director
The latest financial statements of Sal Technologies & Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sal Technologies & Solutions is 27AAICS3724N1ZW, 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 Sal Technologies & Solutions is U30005MH2004PLC146621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sal Technologies & Solutions has 1 court case on record: 1 filed by the company.
Sal Technologies & Solutions was incorporated on 31 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Sal Technologies & Solutions has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹39.77 Cr; the latest was in November 2022.
Leelawati Singh was appointed as Director on 01 Jul 2007. Anil Prakash was appointed as Director on 05 Dec 2005. Sunil Prakash was appointed as Director on 22 Sep 2004. Sal Technologies & Solutions has 4 board changes on record in total.
Yes, Sal Technologies & Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0004681).
Sal Technologies & Solutions has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 05 Dec 2023.