Sankalp Retail Value Stores Private Limited
About Sankalp Retail Value Stores Private Limited
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Sankalp Retail Value Stores Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sankalp Consumer Products. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 20 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2004PTC144105. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.54 Cr. It is led by directors Umesh Chandrasen Asher and Unmesh Kantilal Kamdar.
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 401/A Ravji Premji Apts 262 S.V.Road Borivali (W), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2023, the company reported a revenue of ₹68.17 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹9.27 Lakh (net margin 13.6%) and EBITDA of -₹58.9 Lakh (EBITDA margin -86.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 26% over five years.
As per MCA filings, the company has satisfied charges of ₹23.95 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sankalp Retail Value Stores Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401/A Ravji Premji Apts 262 S.V.Road Borivali (W), Mumbai, Maharashtra, India – 400092
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Sankalp Retail Value Stores 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 Sankalp Retail Value Stores Private Limited
FY 2024 filings availableSankalp Retail Value Stores Private Limited reported revenue of ₹68.17 Lakh (down 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹68.17 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹58.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.27 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -86.4% | ||||
| Net Profit Margin | 13.6% | ||||
| 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 Sankalp Retail Value Stores Private Limited, buy the company report.
Board of directors of Sankalp Retail Value Stores Private Limited
Sankalp Retail Value Stores has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Unmesh Kantilal Kamdar | Additional Director | 28 Aug 2023 | 3 Years 2 Months | Current |
| Umesh Chandrasen Asher | Director | 20 Jan 2004 | 22 Years 9 Months | Current |
Auditor
Sankalp Retail Value Stores Private Limited is audited by G B C A & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G B C A & Associates LLP | FY 2023 | 103142W/W100292 |
Shareholding
The shareholding of Sankalp Retail Value Stores 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sankalp Retail Value Stores Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2007 | 10072498 | State Bank of India | ₹23.95 Cr | Satisfied |
To see the full charge records of Sankalp Retail Value Stores Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sankalp Retail Value Stores Private Limited has 13 court cases on record: 1 filed by Sankalp Retail Value Stores, 12 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 8 | 0 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by M/S. Rising Klas Impex Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Megaplast Packaging Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by American Eagle Star Exim Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by The Phoenix Mills Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by an individual | Pending |
To see the full case history of Sankalp Retail Value Stores 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 Sankalp Retail Value Stores Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sankalp Retail Value Stores has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sankalp Retail Value Stores Private Limited, buy the company report.
Recent activity
Sankalp Retail Value Stores Private Limited has 8 board changes on record since 2004: 2 appointments and 6 cessations. The latest: Unmesh Kantilal Kamdar was appointed as Additional Director on 28 Aug 2023.
1 earlier event is in the company report.
Frequently asked questions
Sankalp Retail Value Stores is an active private limited company based in Mumbai, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 20 January 2004 (22+ years old) and is registered under CIN U51909MH2004PTC144105.
Sankalp Retail Value Stores has 2 current directors:
- Unmesh Kantilal Kamdar - Additional Director
- Umesh Chandrasen Asher - Director
The latest financial statements of Sankalp Retail Value Stores 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.
No. Sankalp Retail Value Stores has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sankalp Retail Value Stores is U51909MH2004PTC144105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sankalp Retail Value Stores has 13 court cases on record: 1 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
Sankalp Retail Value Stores was incorporated on 20 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Unmesh Kantilal Kamdar was appointed as Additional Director on 28 Aug 2023. Dinesh Madan Dua ceased to be Additional Director on 30 Sep 2015. Milind V Govilkar ceased to be Director on 15 Feb 2015. Sankalp Retail Value Stores has 8 board changes on record in total.
The registered office of Sankalp Retail Value Stores is at 401A Ravji Premji Apts 262 S.V.Road Borivali W, Mumbai, Maharashtra, India – 400092.
Sankalp Retail Value Stores operates in the consumer services industry, in the hypermarkets and large retail chains segment.