About Sanghi Industries Limited
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Sanghi Industries Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the cement and cement products segment of the manufacturing sector. It was incorporated on 14 June 1985.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L18209GJ1985PLC157787. Its GSTIN is 24AAECS5510Q1Z4 (Gujarat). The company held 9 GST registrations, of which 5 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 12 Oct 2026 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹2,550 Cr and a paid-up capital of ₹2,458.33 Cr. It was formerly known as Sanghi Industries Private Limited and Sanghi Leathers Pvt Ltd. It was led by directors including Sudhir Nanavati and Shruti Anup Shah.
Its last annual general meeting (AGM) was held on 26 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,007.4 Cr. For the same year it recorded a net loss of ₹498.37 Cr (net margin -49.5%) and EBITDA of ₹66.98 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The company had about 234 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Sanghi Group and Sanghi Industries. As per MCA filings, the company had satisfied charges of ₹6,637.85 Cr on record. Court records list 487 cases involving the company, including 225 filed by the company and 262 filed against it; 71 cases are pending. The company has 69 deals on record (61 market trades, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,349.04 Cr; the latest was in July 2024. Its 6 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Kanodia Cement Limited with revenue of ₹1,016.87 Cr.
The last known website on record is sanghicement.com.
Company details
Name history
Sanghi Industries has undergone 2 name changes throughout its history. The company was previously known as Sanghi Industries Private Limited, and Sanghi Leathers Pvt Ltd. The current legal name is Sanghi Industries Limited.
| Company Name | Status |
|---|---|
| Sanghi Industries Limited | Current |
| Sanghi Industries Private Limited | Previous |
| Sanghi Leathers Pvt Ltd | Previous |
CIN history
Sanghi Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L18209GJ1985PLC157787, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18209GJ1985PLC157787 | Current |
| L18209TG1985PLC005581 | Previous |
| L18209AP1985PLC005581 | Previous |
Contact details
Sanghi Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is sanghicement.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAdani Corporate House Shantigram, Near Vaishnodevi Circle S.G. Highway, Ahmedabad, Gujarat, India – 382421
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Sanghi Industries 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
Brands
Sanghi Industries operates two associated brands: Sanghi Group and Sanghi Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textiles are manufactured by Sanghi Group in India. | sanghigroup.com | |
| Various cement types are manufactured by Sanghi Industries. | sanghicement.com |
Financials of Sanghi Industries Limited
FY 2025 filings availableSanghi Industries Limited reported revenue of ₹1,007.4 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years. 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 | ₹1,007.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹498.37 Cr | ||||
| 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 | 6.6% | ||||
| Net Profit Margin | -49.5% | ||||
| 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 Sanghi Industries Limited, buy the company report.
Board of directors and KMP of Sanghi Industries Limited
Sanghi Industries Limited currently reports 5 directors and 1 key managerial person. 34 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Nanavati | Director | 23 Jun 2022 | 4 Years 4 Months | As last reported |
| Ramarao Sukuru Also directs: Acc Concrete West Limited, Acc Concrete South Limited, Pioneer Cement Industries Limited and 5 more | Ceo | 07 Dec 2023 | 2 Years 10 Months | As last reported |
| Shruti Anup Shah | Director | 07 Dec 2023 | 2 Years 10 Months | As last reported |
| Ravi Kapoor | Director | 07 Dec 2023 | 2 Years 10 Months | As last reported |
| Vinod Bahety | Director | 07 Dec 2023 | 2 Years 10 Months | As last reported |
| Rohit Soni | Additional Director | 31 Jan 2026 | 0 Years 8 Months | As last reported |
Peer comparison
Sanghi Industries Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanodia Cement Limited | ₹1,016.87 Cr (FY 2025) | 13.0% | Bulandshahr, Uttar Pradesh, India | |||
| Sanghi Industries Limitedthis company | ₹1,007.4 Cr (FY 2025) | -₹498.37 Cr | -49.5% | 234 | Ahmedabad, Gujarat, India | |
| Miraj Drymix Private Limited | ₹940.08 Cr (FY 2025) | -9.0% | Navi Mumbai, Maharashtra, India | |||
| KJS Cement (I) Limited | ₹912.18 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Star Cement Meghalaya Limited | ₹800.12 Cr (FY 2025) | -23.0% | Khliehriat, Meghalaya, India | |||
| Shree Digvijay Cement Co Limited | ₹735.04 Cr (FY 2025) | -8.0% | Jamnagar, Gujarat, India | |||
| Gujarat Sidhee Cement Limited | ₹710.47 Cr (FY 2022) | 24.0% | Sidheegram, Gujarat, India |
To see the full peer comparison of Sanghi Industries Limited, buy the company report.
Auditor
Sanghi Industries Limited is audited by S R B C & CO LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2025 | 324982E/E300003 |
Shareholding
The shareholding of Sanghi Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sanghi Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2023 | 100821705 | Others | ₹11 Cr | Satisfied | |
| 11 Nov 2022 | 100689106 | Others | ₹500 Cr | Satisfied | |
| 15 May 2021 | 100448561 | Yes Bank Limited | ₹4 Cr | Satisfied | |
| 15 Feb 2021 | 100444159 | Others | ₹305 Cr | Satisfied | |
| 12 Feb 2021 | 100444152 | Others | ₹305 Cr | Satisfied |
To see the full charge records of Sanghi Industries Limited, buy the company report.
Total charge records: 102 View all charges
Deals & funding
Sanghi Industries Limited has 69 deals on record (61 market trades, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,349.04 Cr; the latest was in July 2024.
Deals on record (5 of 69)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Market trade | ₹26.81 Cr | Buyer: Rajasthan Global Securities Private Limited |
| Dec 2023 | Market trade | ₹1,627.32 Cr | Buyer: Ambuja Cements Limited Seller: Resolute Corp Bharat Private Limited , 3 individuals |
| Aug 2023 | Acquisition | ₹1,674.22 Cr | Buyer: Ambuja Cements Limited Seller: 4 individuals |
| Dec 2022 | Funding round | ₹50 Cr | Investors: Thinkfar Tradelink Private Limited |
| Aug 2022 | Market trade | ₹16.97 Cr | Buyer: Flarezeal Solutions LLP Seller: Kachchh Hospitality Private Limited |
To see the full deal history of Sanghi Industries 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
Sanghi Industries Limited has 487 court cases on record: 225 filed by Sanghi Industries, 262 filed against it. 71 cases are pending and 416 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 269 | 126 | 27 |
| High courts | 172 | 94 | 31 |
| NCLAT | 21 | 21 | 11 |
| Supreme Court | 15 | 12 | 2 |
| NCLT | 10 | 9 | 0 |
Cases on record (5 of 487)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (COMPA) | Filed against the company by M/S.Sanghi Polyesters Ltd., (in Liqn.) | Pending |
| High Court | Criminal miscellaneous application | Filed against the company by Flsmidth Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by M/S. Avenir Projects Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against M/S Satva Infracon Pvt. Ltd. and 1 other | Pending |
| High Court, GUJARAT | Arbitration matter | Filed against the company by Paharpur Cooling Towers Limited | Disposed |
To see the full case history of Sanghi Industries 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
Sanghi Industries Limited was last rated by Indiarating on 20 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 20 Jan 2023 |
To see the full credit ratings and regulatory alerts of Sanghi Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sanghi Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sanghi Industries Limited has a workforce of 234 employees on its EPFO records as of Jan 21, 2026, across 1 active EPFO establishment.
GST
Sanghi Industries has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECS5510Q1Z4 | Gujarat | Active | 01 Jul 2017 |
| 24AAECS5510Q2Z3 | Gujarat | Active | 07 Sep 2017 |
| 24AAECS5510Q3Z2 | Gujarat | Active | 27 Sep 2017 |
| 08AAECS5510Q1ZY | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sanghi Industries Limited, buy the company report.
Recent activity
Sanghi Industries Limited has 41 board changes on record since 2007: 8 appointments and 33 cessations. The latest: Rohit Soni was appointed as Additional Director on 31 Jan 2026.
266 earlier events are in the company report.
News
Frequently asked questions
Sanghi Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sanghi Industries was a public limited company based in Ahmedabad, Gujarat, India. The company worked in cement and cement products, within the manufacturing industry. It was incorporated on 14 June 1985 and is registered under CIN L18209GJ1985PLC157787. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sanghi Industries was incorporated on 14 June 1985. It is registered with the Registrar of Companies, Ahmedabad.
Sanghi Industries had 6 directors and KMP:
- Sudhir Nanavati - Director
- Shruti Anup Shah - Director
- Ravi Kapoor - Director
- Vinod Bahety - Director
- Rohit Soni - Additional Director
- Ramarao Sukuru - Ceo
The CIN (Corporate Identification Number) of Sanghi Industries is L18209GJ1985PLC157787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanghi Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 12 Oct 2026 · merger, and no longer trade on a stock exchange.
The registered office of Sanghi Industries is at Adani Corporate House Shantigram, Near Vaishnodevi Circle S.G. Highway, Ahmedabad, Gujarat, India – 382421.
Sanghi Industries can be reached through the website sanghicement.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Sanghi Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sanghi Industries is 24AAECS5510Q1Z4, registered in Gujarat. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAECS5510Q2Z3 (Gujarat), 24AAECS5510Q3Z2 (Gujarat), 08AAECS5510Q1ZY (Rajasthan).
Sanghi Industries operated in the manufacturing industry, in the cement and cement products segment.