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About Sanika Commodities (India) Private Limited
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Sanika Commodities (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 14 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2008PTC184632. Its GSTIN is 27AAMCS1317D1ZK (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nikhil Ghanshyam Daga and Ruchira Nikhil Daga.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – Unit 401 4th Floor Plot – Fp 616 (Pt) Naman Midtown Senapati Bapat Marg Indiabulls, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.92 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹4.33 Cr and EBITDA of -₹8.56 Lakh (EBITDA margin -218.1%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 68% over five years.
As per MCA filings, the company has satisfied charges of ₹22 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salasargroup.com.
Company details
Contact details
Sanika Commodities (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is salasargroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – Unit 401 4th Floor Plot – Fp 616 (Pt) Naman Midtown Senapati Bapat Marg Indiabulls, Mumbai, Maharashtra, India – 400028
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Sanika Commodities (India) 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 Sanika Commodities (India) Private Limited
FY 2025 filings availableSanika Commodities (India) Private Limited reported revenue of ₹3.92 Lakh (down 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 99% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.92 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹8.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.33 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -218.1% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Sanika Commodities (India) Private Limited, buy the company report.
Board of directors of Sanika Commodities (India) Private Limited
Sanika Commodities (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Ghanshyam Daga | Director | 24 Aug 2009 | 17 Years 2 Months | Current |
| Ruchira Nikhil Daga Also directs: Shri Salasar Balaji Resources LLP, Salasar Derivatives Private Limited, Stuti Trading LLP and 1 more | Director | 01 Apr 2016 | 10 Years 7 Months | Current |
Auditor
Sanika Commodities (India) Private Limited is audited by M SABOO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M SABOO & CO | FY 2021 | 108929W |
Shareholding
The shareholding of Sanika Commodities (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sanika Commodities (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2010 | 10226366 | Hdfc Bank Limited | ₹22 Cr | Satisfied |
To see the full charge records of Sanika Commodities (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sanika Commodities (India) Private Limited has 6 court cases on record: 3 filed by Sanika Commodities (India), 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Thomson Reuters India Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Thomson Reuters India Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Thomson Reuters India Pvt Ltd | Disposed |
| High Court | Writ petition | Filed by the company against Union of India and 4 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 3 Other and 4 others | Disposed |
To see the full case history of Sanika Commodities (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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sanika Commodities (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sanika Commodities (India) has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS1317D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sanika Commodities (India) Private Limited, buy the company report.
Recent activity
Sanika Commodities (India) Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Sachin Ghanshyam Daga ceased to be Director on 02 Apr 2016.
1 earlier event is in the company report.
Frequently asked questions
Sanika Commodities (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 14 July 2008 (18+ years old) and is registered under CIN U51109MH2008PTC184632.
Sanika Commodities (India) has 2 current directors:
- Nikhil Ghanshyam Daga - Director
- Ruchira Nikhil Daga - Director
The latest financial statements of Sanika Commodities (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sanika Commodities (India) is 27AAMCS1317D1ZK, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sanika Commodities (India) is U51109MH2008PTC184632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanika Commodities (India) has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Sanika Commodities (India) was incorporated on 14 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Sachin Ghanshyam Daga ceased to be Director on 02 Apr 2016. Ruchira Nikhil Daga was appointed as Director on 01 Apr 2016. Shyam Bhanwarlal Purohit ceased to be Director on 03 Oct 2011. Sanika Commodities (India) has 7 board changes on record in total.
Sanika Commodities (India) can be reached through the website salasargroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sanika Commodities (India) is at B – Unit 401 4th Floor Plot – Fp 616 Pt Naman Midtown Senapati Bapat Marg Indiabulls, Mumbai, Maharashtra, India – 400028.
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