About Sanblue Corporation Limited
Data last updated: 15 July 2026
Sanblue Corporation Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in textile retail and distribution, a part of the broader home and lifestyle products sector. Incorporated on 26 August 1993, the company has been in operation for over 33 years.
Registered with ROC Ahmedabad under CIN L15400GJ1993PLC020073. Listed on BSE: 521222.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹5 Cr. Formerly known as La-Mere Apprels Limited and Spencer Apparels Limited. It is led by directors including Sanjiv Dhireshbhai Shah and Krinaben Shah Sanjiv.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: 22 Goverment Society Near Muncipal Market C.G. Road, Ahmedabad, Gujarat, India – 380006.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹3.19 Cr, a growth of 90.34% compared to the previous year. The net worth stands at ₹34.29 Cr (down 35.03% YoY). Total assets are valued at ₹37.95 Cr (down 37.1% YoY).
The company is associated with 1 brand - Sanblue Corporation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sanbluecorporation.com.
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Registered Address22 Goverment Society Near Muncipal Market C.G. Road, Ahmedabad, Gujarat, India – 380006
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IndustryHome & Lifestyle, Textile Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Sanblue Corporation Limited
Sanblue Corporation Limited has undergone 2 name changes throughout its history. The company was previously known as La-Mere Apprels Limited, and Spencer Apparels Limited. The current legal name is Sanblue Corporation Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Sanblue Corporation Limited | Current |
| La-Mere Apprels Limited | Previous |
| Spencer Apparels Limited | Previous |
CIN History of Sanblue Corporation Limited
Sanblue Corporation Limited has one previous CIN (Corporate Identification Number): L15400GJ1993PTC020073. The current CIN is L15400GJ1993PLC020073, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15400GJ1993PLC020073 | Current |
| L15400GJ1993PTC020073 | Previous |
Associated Brands with Sanblue Corporation Limited
Sanblue Corporation Limited operates one associated brand: Sanblue Corporation. These brands represent Sanblue Corporation Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Business consulting in finance, management, and projects is provided. | sanbluecorporation.com |
Competitors & Alternatives of Sanblue Corporation Limited
Brands and companies operating in the same space as Sanblue Corporation Limited include Barclays, KCB Group, Kroll and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Barclays
|
Diversified financial services are provided across global markets. | London, United Kingdom, United Kingdom | - |
KCB Group
|
Financial services are provided through subsidiaries across East Africa. | Nairobi, Kenya, Kenya | 1896 |
Kroll
|
Financial and risk advisory solutions are offered to businesses. | New York, United States, United States | 1932 |
TMF Group
|
Global administrative and compliance services are delivered to international businesses. | Amsterdam, Netherlands, Netherlands | 1988 |
Qatar Financial Centre
|
Provider of business consulting and financial services | Doha, Qatar, Qatar | 2005 |
Leonard Curtis
|
Financial consulting services are provided to UK-based clients. | Manchester, United Kingdom, United Kingdom | 2014 |
Falcon Group
|
Financial services provider for working capital optimiaation | Dubai, United Arab Emirates, United Arab Emirates | 1994 |
Business Activity of Sanblue Corporation Limited
Sanblue Corporation Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Sanblue Corporation Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Sanblue Corporation Limited
Sanblue Corporation Limited is audited by KANTILAL PATEL & CO (ICAI peer reviewed, certificate valid till 2028-11-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| KANTILAL PATEL & CO (ICAI peer reviewed, certificate valid till 2028-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Sanblue Corporation Limited
Sanblue Corporation Limited is currently managed by 6 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sanjiv Dhireshbhai Shah
Also directs:
Sanblue Consulting Llp, Fibre2fashion Private Limited, Sanblue Infrastructure Private Limited and 1 more
|
Director | 18 Jan 2001 | 25 Years 6 Months | Current |
|
Krinaben Shah Sanjiv
Also directs:
Sanblue Consulting Llp, Fibre2fashion Private Limited
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Director | 12 Aug 2014 | 11 Years 11 Months | Current |
| Jose Rajan Daniel | Managing Director | 29 Apr 2013 | 13 Years 2 Months | Current |
|
Fenil Ramesh Chandra Shah
Also directs:
Rajpath Club Limited
|
Director | 06 Aug 2024 | 1 Years 11 Months | Current |
| Bhavik Kiritkumar Shah | Director | 06 Aug 2024 | 1 Years 11 Months | Current |
| Milan Jayantilal Shah | Director | 06 Aug 2024 | 1 Years 11 Months | Current |
Financials of Sanblue Corporation Limited FY 2026 filings available
Sanblue Corporation Limited reported revenue of ₹3.19 Cr (up 90.34% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3.19 Cr | ₹1.67 Cr | ₹1.4 Cr | ₹3.78 Cr | ₹1.2 Cr | ₹27.29 Lakh | ₹24.26 Lakh | ₹3.14 Cr |
| Other Income | ₹51.25 Lakh | ₹74.31 Lakh | ₹64.34 Lakh | ₹96.85 Lakh | ₹40.13 Lakh | ₹1.69 Lakh | ₹8.65 Lakh | ₹4.85 Lakh |
| Total Income | ₹3.7 Cr | ₹2.42 Cr | ₹2.05 Cr | ₹4.75 Cr | ₹1.6 Cr | ₹28.98 Lakh | ₹32.91 Lakh | ₹3.19 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹3.1 Cr | ₹1.62 Cr | ₹1.37 Cr | ₹3.6 Cr | ₹1.18 Cr | ₹26.55 Lakh | ₹23.96 Lakh | ₹3.1 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹26.76 Lakh | ₹25.16 Lakh | ₹19.28 Lakh | ₹19.28 Lakh | ₹19.28 Lakh | ₹18.68 Lakh | ₹19.07 Lakh | ₹19.28 Lakh |
| Finance Costs | ₹0 | ₹48,000 | ₹1,000 | ₹3,000 | ₹2,000 | ₹13,000 | ₹33,000 | ₹4,000 |
| Depreciation & Amortisation | ₹1.57 Lakh | ₹1.58 Lakh | ₹1.72 Lakh | ₹1.79 Lakh | ₹1.81 Lakh | ₹1.74 Lakh | ₹1.76 Lakh | ₹1.68 Lakh |
| Other Expenses | ₹13.04 Lakh | ₹12.05 Lakh | ₹11.55 Lakh | ₹24.89 Lakh | ₹12.58 Lakh | ₹12.01 Lakh | ₹11.85 Lakh | ₹14.06 Lakh |
| Total Expenses | ₹3.51 Cr | ₹2.02 Cr | ₹1.7 Cr | ₹4.06 Cr | ₹1.51 Cr | ₹59.11 Lakh | ₹56.97 Lakh | ₹3.45 Cr |
| Profit Before Exceptional Items & Tax | ₹18.3 Lakh | ₹39.96 Lakh | ₹34.63 Lakh | ₹69.01 Lakh | ₹8.5 Lakh | -₹30.13 Lakh | -₹24.06 Lakh | -₹26.3 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹18.3 Lakh | ₹39.96 Lakh | ₹34.63 Lakh | ₹69.01 Lakh | ₹8.5 Lakh | -₹30.13 Lakh | -₹24.06 Lakh | -₹26.3 Lakh |
| Total Tax Expense | -₹72,000 | ₹7 Lakh | ₹9.3 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹19.02 Lakh | ₹32.96 Lakh | ₹25.33 Lakh | ₹69.01 Lakh | ₹8.5 Lakh | -₹30.13 Lakh | -₹24.06 Lakh | -₹26.3 Lakh |
| Other Comprehensive Income | -₹18.68 Cr | -₹4.02 Cr | ₹15.42 Cr | -₹1.48 Cr | ₹23.46 Cr | ₹7.98 Cr | -₹50.13 Lakh | -₹2.84 Cr |
| Total Comprehensive Income | -₹18.49 Cr | -₹3.69 Cr | ₹15.68 Cr | -₹79.47 Lakh | ₹23.55 Cr | ₹7.68 Cr | -₹74.19 Lakh | -₹3.11 Cr |
| EBITDA (computed) | ₹19.87 Lakh | ₹42.02 Lakh | ₹36.36 Lakh | ₹70.83 Lakh | ₹10.33 Lakh | -₹28.26 Lakh | -₹21.97 Lakh | -₹24.58 Lakh |
| Basic EPS | ₹0.38 | ₹0.66 | ₹0.51 | ₹1.38 | ₹0.17 | ₹-0.60 | ₹-0.48 | ₹-0.53 |
| Diluted EPS | ₹0.38 | ₹0.66 | ₹0.51 | ₹1.38 | ₹0.17 | ₹-0.60 | ₹-0.48 | ₹-0.53 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹37.95 Cr | ₹60.34 Cr | ₹64.87 Cr | ₹45.93 Cr | ₹48.41 Cr | ₹19.86 Cr | ₹11.57 Cr |
| Non-current Assets | ₹35.61 Cr | ₹57.76 Cr | ₹62.94 Cr | ₹44.27 Cr | ₹47.06 Cr | ₹19.48 Cr | ₹11.52 Cr |
| Current Assets | ₹2.34 Cr | ₹2.58 Cr | ₹1.94 Cr | ₹1.66 Cr | ₹1.35 Cr | ₹38.14 Lakh | ₹4.87 Lakh |
| Property, Plant & Equipment | ₹48.17 Lakh | ₹49.74 Lakh | ₹51.32 Lakh | ₹53.04 Lakh | ₹54.83 Lakh | ₹56.64 Lakh | ₹59.35 Lakh |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹0 | ₹0 | ₹16.92 Lakh | ₹16,000 | ₹1.26 Cr | ₹28.65 Lakh | ₹0 |
| Cash & Equivalents | ₹23.93 Lakh | ₹2.48 Cr | ₹1.63 Cr | ₹1.54 Cr | ₹4.94 Lakh | ₹5.71 Lakh | ₹2.05 Lakh |
| Equity (Net Worth) | ₹34.29 Cr | ₹52.77 Cr | ₹56.46 Cr | ₹40.79 Cr | ₹41.58 Cr | ₹18.03 Cr | ₹11.09 Cr |
| Equity Share Capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹97 Lakh | ₹10 Lakh | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹97 Lakh | ₹10 Lakh | ₹0 |
| Current Liabilities | ₹4.72 Lakh | ₹3.78 Lakh | ₹3.28 Lakh | ₹2.88 Lakh | ₹1 Cr | ₹32.1 Lakh | ₹2.47 Lakh |
| Total Liabilities | ₹3.66 Cr | ₹7.57 Cr | ₹8.41 Cr | ₹5.14 Cr | ₹6.83 Cr | ₹1.83 Cr | ₹48.02 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹2.29 Cr | -₹15.1 Lakh | -₹51.61 Lakh | ₹45.76 Lakh | -₹1.49 Cr |
| Investing Cash Flow | ₹5.13 Lakh | ₹1 Cr | ₹60.76 Lakh | ₹2 Cr | ₹61.18 Lakh |
| Financing Cash Flow | ₹0 | ₹0 | ₹0 | -₹97 Lakh | ₹87 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹2.29 Cr | -₹15.1 Lakh | -₹51.61 Lakh | ₹45.76 Lakh | -₹1.49 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹2.24 Cr | ₹85 Lakh | ₹9.15 Lakh | ₹1.49 Cr | -₹77,000 |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹86.43 Lakh | ₹1.56 Cr | ₹40.47 Lakh | ₹35.29 Lakh | ₹1.67 Cr | ₹0 | ₹0 | ₹0 |
| Other Income | ₹1.63 Lakh | ₹23.27 Lakh | ₹24.83 Lakh | ₹1.52 Lakh | ₹3.68 Lakh | ₹25.02 Lakh | ₹43.8 Lakh | ₹1.81 Lakh |
| Total Income | ₹88.06 Lakh | ₹1.8 Cr | ₹65.3 Lakh | ₹36.81 Lakh | ₹1.71 Cr | ₹25.02 Lakh | ₹43.8 Lakh | ₹1.81 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹84.14 Lakh | ₹1.52 Cr | ₹39.35 Lakh | ₹34.35 Lakh | ₹1.62 Cr | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹7.05 Lakh | ₹7.05 Lakh | ₹6.33 Lakh | ₹6.33 Lakh | ₹6.33 Lakh | ₹9.19 Lakh | ₹4.82 Lakh | ₹4.82 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹48,000 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹39,000 | ₹39,000 | ₹40,000 | ₹39,000 | ₹40,000 | ₹39,000 | ₹39,000 | ₹40,000 |
| Other Expenses | ₹3.25 Lakh | ₹3.53 Lakh | ₹3.24 Lakh | ₹3.02 Lakh | ₹3.34 Lakh | ₹3.97 Lakh | ₹2.82 Lakh | ₹1.92 Lakh |
| Total Expenses | ₹94.83 Lakh | ₹1.63 Cr | ₹49.32 Lakh | ₹44.09 Lakh | ₹1.73 Cr | ₹13.55 Lakh | ₹8.03 Lakh | ₹7.14 Lakh |
| Profit Before Exceptional Items & Tax | -₹6.77 Lakh | ₹16.37 Lakh | ₹15.98 Lakh | -₹7.28 Lakh | -₹1.95 Lakh | ₹11.47 Lakh | ₹35.77 Lakh | -₹5.33 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹6.77 Lakh | ₹16.37 Lakh | ₹15.98 Lakh | -₹7.28 Lakh | -₹1.95 Lakh | ₹11.47 Lakh | ₹35.77 Lakh | -₹5.33 Lakh |
| Total Tax Expense | ₹4,000 | ₹2.55 Lakh | -₹3.31 Lakh | ₹0 | ₹0 | -₹4.58 Lakh | ₹11.58 Lakh | ₹0 |
| Net Profit | -₹6.81 Lakh | ₹13.82 Lakh | ₹19.29 Lakh | -₹7.28 Lakh | -₹1.95 Lakh | ₹16.05 Lakh | ₹24.19 Lakh | -₹5.33 Lakh |
| Other Comprehensive Income | -₹12.47 Cr | ₹5.83 Cr | -₹9.27 Cr | -₹2.77 Cr | -₹15.53 Cr | ₹6.32 Cr | -₹3.23 Cr | ₹8.42 Cr |
| Total Comprehensive Income | -₹12.54 Cr | ₹5.97 Cr | -₹9.07 Cr | -₹2.84 Cr | -₹15.55 Cr | ₹6.48 Cr | -₹2.99 Cr | ₹8.36 Cr |
| EBITDA (computed) | -₹6.38 Lakh | ₹16.76 Lakh | ₹16.38 Lakh | -₹6.89 Lakh | -₹1.07 Lakh | ₹11.86 Lakh | ₹36.16 Lakh | -₹4.93 Lakh |
| Basic EPS | ₹-0.14 | ₹0.28 | ₹0.39 | ₹-0.15 | ₹-0.03 | ₹0.32 | ₹0.48 | ₹-0.11 |
| Diluted EPS | ₹-0.14 | ₹0.28 | ₹0.39 | ₹-0.15 | ₹-0.03 | ₹0.32 | ₹0.48 | ₹-0.11 |
Shareholding Pattern of Sanblue Corporation Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 66.81%, retail and other public shareholders hold 33.19% of Sanblue Corporation Limited. The company had 8,225 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 66.81% | 66.81% | 66.81% | 66.81% | 66.81% | 66.81% |
| Public | 33.19% | 33.19% | 33.19% | 33.19% | 33.19% | 33.19% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 66.81% | 66.81% | 66.81% |
| Public | 33.19% | 33.19% | 33.19% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings Sanblue Corporation Limited
Sanblue Corporation Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sanblue Corporation Limited
View historical data on people associated with Sanblue Corporation Limited, including employment history and EPFO contributions.
Employee and EPFO history for Sanblue Corporation Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Sanblue Corporation Limited
GST registrations and filing compliance for Sanblue Corporation Limited
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Credit Ratings, Litigation & Regulatory Alerts for Sanblue Corporation Limited
Credit ratings, litigation, and regulatory alerts for Sanblue Corporation Limited
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MSME Payment Delays by Sanblue Corporation Limited
MSME payment history for Sanblue Corporation Limited
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- Outstanding amounts
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Subsidiaries & Group Companies of Sanblue Corporation Limited
Corporate group structure for Sanblue Corporation Limited
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- Parent company
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MCA Filings & Documents of Sanblue Corporation Limited
MCA filings and documents for Sanblue Corporation Limited
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- Annual returns and statements
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Recent Activity on Sanblue Corporation Limited
Frequently Asked Questions about Sanblue Corporation Limited
Sanblue Corporation Limited is an active public limited company in the home and lifestyle sector based in Ahmedabad, Gujarat, India. It was incorporated on 26 August 1993 (33+ years old) and is registered under CIN L15400GJ1993PLC020073. Listed on BSE: 521222.
Sanblue Corporation Limited reported revenue of ₹3.19 Cr for FY 2026 (up 90.34% YoY) based on standalone BSE filings.
The current directors of Sanblue Corporation Limited are:
- Sanjiv Dhireshbhai Shah - Director
- Krinaben Shah Sanjiv - Director
- Jose Rajan Daniel - Managing Director
- Fenil Ramesh Chandra Shah - Director
- Bhavik Kiritkumar Shah - Director
- Milan Jayantilal Shah - Director
The primary industry of Sanblue Corporation Limited is home and lifestyle. The company specifically operates in textile retail and distribution. The company is currently active in this sector.
Yes. Sanblue Corporation Limited is listed on BSE with code 521222.
Sanblue Corporation Limited can be reached at the registered office: 22 Goverment Society Near Muncipal Market C.G. Road, Ahmedabad, Gujarat, India – 380006, or through the website sanbluecorporation.com.