Salgaocar Engineers Private Limited
About Salgaocar Engineers Private Limited
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Salgaocar Engineers Private Limited is a private limited company based in Panaji, Goa, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 15 December 1967 and has been in existence for over 59 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74210GA1967PTC000078. Its GSTIN is 30AABCS8861R1ZS (Goa). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹24.6 Lakh. It is led by directors including Mukesh Mathuradas Saglani and Anil Sachdev.
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 Salgaocar Bhavan Plot Number – 15 Altinho, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.6 Cr (net margin 25.6%) and EBITDA of ₹2.13 Cr (EBITDA margin 34.1%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 20% over five years.
Its group structure includes 7 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹2.88 Cr on record. Court records list 63 cases involving the company, including 30 filed by the company and 33 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salgaocar Engineers Private Limited's registered office is in Panaji, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSalgaocar Bhavan Plot Number – 15 Altinho, Panaji, Goa, India – 403001
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Salgaocar Engineers 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
Financials of Salgaocar Engineers Private Limited
FY 2024 filings availableSalgaocar Engineers Private Limited reported revenue of ₹6.25 Cr (up 1146% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years. EBITDA rose 327% 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 | ₹2.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.6 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 | 34.1% | ||||
| Net Profit Margin | 25.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Salgaocar Engineers Private Limited, buy the company report.
Board of directors of Salgaocar Engineers Private Limited
Salgaocar Engineers 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 |
|---|---|---|---|---|
| Mukesh Mathuradas Saglani Also directs: Goa Ore Transport Private Limited | Director | 01 Dec 2012 | 13 Years 11 Months | Current |
| Anil Sachdev | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Arjun Anil Salgaocar Also directs: Greenpark Mining Services LLP, Babuso Agro Marine Company Private Limited, Balaji Mines and Minerals Private Limited and 5 more | Director | 03 Nov 2001 | 24 Years 11 Months | Current |
Peer comparison
Salgaocar Engineers Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Machinery and Equipment Retail and Distribution, Real Estate Marketing), 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 |
|---|---|---|---|---|---|---|
| Duis Material Handling Private Limited | ₹6.28 Cr (FY 2023) | -7.0% | Bangalore, Karnataka, India | |||
| Advanced Machine Tools Private Limited | ₹6.28 Cr (FY 2021) | -8.0% | Kolkata, West Bengal, India | |||
| Lil' Ele'fun Private Limited | ₹6.28 Cr (FY 2024) | 85.0% | Mumbai, Maharashtra, India | |||
| Salgaocar Engineers Private Limitedthis company | ₹6.25 Cr (FY 2025) | ₹1.6 Cr | 25.6% | 1146.0% | Panaji, Goa, India | |
| Interweighing Private Limited | ₹6.24 Cr (FY 2025) | -11.0% | Ernakulam, Kerala, India | |||
| Inframech Power Solutions Private Limited | ₹6.24 Cr (FY 2024) | 31.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Salgaocar Engineers Private Limited, buy the company report.
Auditor
Salgaocar Engineers Private Limited is audited by ANUP BORKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUP BORKAR | FY 2023 | 124698 |
Shareholding
The shareholding of Salgaocar Engineers 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 Salgaocar Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 1991 | 90064730 | Bank of Baroda | ₹2 Cr | Satisfied | |
| 30 Mar 1988 | 90065747 | The Mapusa Urban Co-Op. Bank of Ltd. | ₹40 Lakh | Satisfied | |
| 24 Sep 1981 | 90064819 | Syndicate Bank | ₹47.85 Lakh | Satisfied |
To see the full charge records of Salgaocar Engineers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Salgaocar Engineers Private Limited has 63 court cases on record: 30 filed by Salgaocar Engineers, 33 filed against it. 7 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 19 | 7 |
| High courts | 29 | 14 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe.Appln.) | Filed against the company by M/S Mackinnon Mackenzie and Co. Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MANRJI) | Filed against the company by M S Mackinnon Mackenzie and Co Ltd Through General Manager Rangaswami Krishnaswami | Disposed |
| District court, North Goa, Goa | Appeal | Filed by the company against Marzook and Cadar Pvt. Ltd. and 2 others | Disposed |
| District court, North Goa, Goa | Court case (MCA) | Filed by the company against Marzook and Cadar Pvt. Ltd. and 2 others | Disposed |
| District court, South Goa, Goa | Commercial suit | Filed by the company against Marzook and Cadar Pvt. Ltd., and 2 others | Disposed |
To see the full case history of Salgaocar Engineers 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 Salgaocar Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Salgaocar Engineers has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Balaji Mines and Minerals Private Limited | U13100GA1981PTC014386 | |
| Garuda Estate Development and Investment Company Private Limited | U27109GA1982PTC014322 | |
| Vishal Estate Development and Investment Company Private Limited | U45201GA1982PTC014325 | |
| Vijay Estate Development and Investment Company Private Limited | U45201GA1982PTC014328 | |
| Laxmi Estate Development and Investment Company Private Limited | U45201GA1982PTC014332 | |
| Mandovi Estate Development and Investment Co Private Limited | U45201GA1982PTC014333 |
To see the full group structure of Salgaocar Engineers Private Limited, buy the company report.
GST
Salgaocar Engineers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCS8861R1ZS | Goa | Active | 01 Jul 2017 |
| 07AABCS8861R1ZH | Delhi | Active | 01 Jul 2017 |
| 24AABCS8861R1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salgaocar Engineers Private Limited, buy the company report.
Recent activity
Salgaocar Engineers Private Limited has 9 board changes on record since 2001: 3 appointments and 6 cessations. The latest: Anil Sachdev was appointed as Director on 30 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Salgaocar Engineers is an active private limited company based in Panaji, Goa, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 15 December 1967 (59+ years old) and is registered under CIN U74210GA1967PTC000078.
Salgaocar Engineers has 3 current directors:
- Mukesh Mathuradas Saglani - Director
- Anil Sachdev - Director
- Arjun Anil Salgaocar - Director
The latest financial statements of Salgaocar Engineers 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 Salgaocar Engineers is 30AABCS8861R1ZS, registered in Goa. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AABCS8861R1ZH (Delhi), 24AABCS8861R1ZL (Gujarat).
The CIN (Corporate Identification Number) of Salgaocar Engineers is U74210GA1967PTC000078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salgaocar Engineers has 63 court cases on record: 30 filed by the company and 33 filed against it. 7 are pending. Most are in the district courts.
Salgaocar Engineers was incorporated on 15 December 1967, making it 59+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Salgaocar Engineers by revenue are Duis Material Handling Private Limited, Advanced Machine Tools Private Limited, Lil' Ele'fun Private Limited, Interweighing Private Limited, Inframech Power Solutions Private Limited, all in the Real Estate industry (Machinery and Equipment Retail and Distribution, Real Estate Marketing), with the same principal business activity (wholesale trading).
Anil Sachdev was appointed as Director on 30 Sep 2024. Arjun Anil Salgaocar ceased to be Director on 21 Apr 2020. Anil Sachdev ceased to be Additional Director on 07 Sep 2017. Salgaocar Engineers has 9 board changes on record in total.
The registered office of Salgaocar Engineers is at Salgaocar Bhavan Plot Number – 15 Altinho, Panaji, Goa, India – 403001.
Salgaocar Engineers operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
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