MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0132830
Sales India Private Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹130.6 Cr
▼ 12% YoY
Net profit · FY 2025
₹41.18 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹5.45 Cr
EBITDA margin 4.2%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13.58 Cr
Issued & subscribed
Open charges
₹32.56 Cr
Satisfied ₹37 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
283
Provident fund records
About Sales India Private Limited
Data last updated:
Sales India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 June 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29191GJ1985PTC007880. Its GSTIN is 24AACCS6857N1ZS (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.58 Cr. It was formerly known as Sales India Limited and Sales India Agencies Private Limited. It is led by directors Jose Geevarghese (Managing Director) and Joy Jose John.
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 B Jadhav Chambers2Nd Floor Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹130.6 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹41.18 Lakh (net margin 0.3%) and EBITDA of ₹5.45 Cr (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 283 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sales India. As per MCA filings, the company has open charges of ₹32.56 Cr and satisfied charges of ₹37 Cr on record. Court records list 111 cases involving the company, including 37 filed by the company and 74 filed against it; 14 cases are pending. The company has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.94 Cr; the latest was in March 2023. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is M R Telecare Private Limited with revenue of ₹131.75 Cr.
Sales India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0132830). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salesindia.com.
Company details
CIN U29191GJ1985PTC007880
Registration Number 007880
Incorporation Date 06 June 1985
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0132830
Name history
Sales India has undergone 2 name changes throughout its history. The company was previously known as Sales India Limited, and Sales India Agencies Private Limited. The current legal name is Sales India Private Limited.
| Company Name | Status |
|---|---|
| Sales India Private Limited | Current |
| Sales India Limited | Previous |
| Sales India Agencies Private Limited | Previous |
CIN history
Sales India has one previous CIN (Corporate Identification Number): U29191GJ1985PLC007880. The current CIN is U29191GJ1985PTC007880, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29191GJ1985PTC007880 | Current |
| U29191GJ1985PLC007880 | Previous |
Recognitions & Rankings of Sales India
Contact details
Sales India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is salesindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB Jadhav Chambers2Nd Floor Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sales India Private Limited, buy the company report.
Comprehensive company report
Sales India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sales India operates one associated brand: Sales India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailing of consumer electronics, home appliances, and digital devices in India. | salesindia.com |
Business activity
The main business activity of Sales India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sales India Private Limited, buy the company report.
Financials of Sales India Private Limited
FY 2024 filings availableSales India Private Limited reported revenue of ₹130.6 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹130.6 Cr ▼ 12%
Net profit · FY 2025
₹41.18 Lakh margin 0.3%
EBITDA · FY 2025
₹5.45 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 8%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 281%
3 years · compounded
▲ 16%
5 years · compounded
▲ 115%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 12% fall in the latest year. EBITDA rose 281% 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 | ₹5.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.18 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 | 4.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Sales India Private Limited, buy the company report.
Board of directors of Sales India Private Limited
Sales India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jose Geevarghese Also directs: Gujarat Sales and Services Private Limited, J.G.Welfare Foundation | Managing Director | 06 Jun 1985 | 41 Years 4 Months | Current |
| Joy Jose John Also directs: Gujarat Sales and Services Private Limited | Director | 25 Jun 2012 | 14 Years 4 Months | Current |
Peer comparison
Sales India Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M R Telecare Private Limited | ₹131.75 Cr (FY 2025) | 80.0% | Delhi, India | |||
| Akash Dhingra Sales Private Limited | ₹131.71 Cr (FY 2025) | -62.0% | Chandigarh, India | |||
| Purva Vashi Electricals & Services Private Limited | ₹130.83 Cr (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| Sales India Private Limitedthis company | ₹130.6 Cr (FY 2025) | ₹41.18 Lakh | 0.3% | -12.0% | 283 | Ahmedabad, Gujarat, India |
| Swiss Group India Private Limited | ₹129.62 Cr (FY 2025) | 34.0% | Kochi, Kerala, India | |||
| Signet Products Private Limited | ₹129.57 Cr (FY 2017) | 42.0% | Aurangabad, Maharashtra, India | |||
| World Peace International (India) Private Limited | ₹129.09 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sales India Private Limited, buy the company report.
Auditor
Sales India Private Limited is audited by PARAS F. JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARAS F. JAIN & CO. | FY 2023 | 107415W |
Shareholding
The shareholding of Sales India Private 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 Sales India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.56 Cr
Satisfied charges
₹37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100974998 | Others | ₹21.94 Cr | Open | |
| 28 Apr 2023 | 100718892 | Others | ₹55.66 Lakh | Open | |
| 07 Oct 2015 | 10599784 | Others | ₹7.77 Cr | Open | |
| 29 Apr 2014 | 10500868 | Others | ₹2.29 Cr | Open | |
| 22 Mar 2022 | 100558377 | Others | ₹1.7 Cr | Satisfied |
To see the full charge records of Sales India Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Sales India Private Limited has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.94 Cr; the latest was in March 2023.
Total deals
11
Funding rounds
5
Secondary share transfers
5
Rights issue
1
Disclosed funding
₹1.94 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2017 | Rights issue | ₹3.28 Cr | Investors: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Sales India 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
Sales India Private Limited has 111 court cases on record: 37 filed by Sales India, 74 filed against it. 14 cases are pending and 97 are disposed.
Total cases
111
Filed by the company
37
Filed against the company
74
Pending
14
Disposed
97
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 95 | 68 | 13 |
| High courts | 15 | 5 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Midea India Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Haier Appliances India Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Havells India Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Edelweiss Retail Finance Limited Through Its Authorized Officer Mr Abhinav Sinha | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Meston Education and Development Association (P) Ltd., | Disposed |
To see the full case history of Sales India 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
Sales India Private Limited was last rated by Crisil on 28 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Dec 2021 |
To see the full credit ratings and regulatory alerts of Sales India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sales India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sales India Private Limited has a workforce of 283 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
283
Active EPFO establishments
1
Employee growth
-12.11%
GST
Sales India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6857N1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sales India Private Limited, buy the company report.
Recent activity
Sales India Private Limited has 8 board changes on record since 1985: 5 appointments and 3 cessations. The latest: Chandramati John Verghese ceased to be Director on 15 Mar 2022.
Charges
A charge registered on 22 Mar 2022 via Charge ID 100558377 with Others was fully satisfied on 04 Aug 2025.
Charges
A charge registered on 08 Sep 2015 via Charge ID 10594879 with Icici Bank Limited was fully satisfied on 29 Jul 2025.
Charges
A charge with Others of Rs. 7.77 Cr registered on 07 Oct 2015 with Charge ID 10599784 was modified on 22 Jul 2025.
Charges
A charge with Others of Rs. 2.29 Cr registered on 29 Apr 2014 with Charge ID 10500868 was modified on 18 Jul 2025.
Charges
A charge registered on 30 Nov 1999 via Charge ID 90095149 with United Bank Of India was fully satisfied on 19 Nov 2024.
AGM
Sales India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 21.94 Cr with Charge ID 100974998 was registered on 29 Aug 2024.
Filing
Sales India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 0.56 Cr with Charge ID 100718892 was registered on 28 Apr 2023.
Charges
A charge registered on 30 Sep 2019 via Charge ID 100300906 with Hdfc Bank Limited was fully satisfied on 27 Apr 2023.
Charges
A charge registered on 30 Sep 2019 via Charge ID 100299578 with Hdfc Bank Limited was fully satisfied on 27 Apr 2023.
Charges
A charge with United Bank Of India of Rs. 23.18 Cr registered on 30 Nov 1999 with Charge ID 90095149 was modified on 20 Apr 2022.
48 earlier events are in the company report.
Frequently asked questions
Sales India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 June 1985 (41+ years old) and is registered under CIN U29191GJ1985PTC007880.
Sales India has 2 current directors:
- Jose Geevarghese - Managing Director
- Joy Jose John - Director
The latest financial statements of Sales India 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 Sales India is 24AACCS6857N1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Sales India is U29191GJ1985PTC007880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sales India has 111 court cases on record: 37 filed by the company and 74 filed against it. 14 are pending. Most are in the district courts.
Sales India was incorporated on 06 June 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sales India has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.94 Cr; the latest was in March 2023.
The peers of Sales India by revenue are M R Telecare Private Limited, Akash Dhingra Sales Private Limited, Purva Vashi Electricals & Services Private Limited, Swiss Group India Private Limited, Signet Products Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Chandramati John Verghese ceased to be Director on 15 Mar 2022. Jessica Jose John ceased to be Director on 15 Mar 2022. John Geevarghese ceased to be Director on 28 Nov 2020. Sales India has 8 board changes on record in total.
Yes, Sales India is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0132830).
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