About Sanstar Limited
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Sanstar Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 26 February 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L10621GJ1982PLC072555. Its GSTIN is 24AAACC1062D3ZE (Gujarat). The company holds 4 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544217 and NSE: SANSTAR.
The company has an authorised share capital of ₹38 Cr and a paid-up capital of ₹36.45 Cr. It was formerly known as Continental Papers Ltd. It is led by directors including Shreyans Gautamchand Chowdary (Managing Director) and Gouthamchand Sohanlal Chowdhary (Managing Director).
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sanstarhousenr. – Parimalunderbridge Opp. – Suvidhashoppingcentre Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2026, the company reported a revenue of ₹796.41 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹34.45 Cr (net margin 4.3%) and EBITDA of ₹37.66 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company is associated with 1 brand: Sanstar. As per MCA filings, the company has open charges of ₹189.42 Cr and satisfied charges of ₹185.14 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 1 case is pending. The company has 22 deals on record (10 secondary share transfers, 8 market trades, 2 funding rounds), with disclosed funding of ₹12.52 Cr; the latest was in April 2026. Its 4 peer companies in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 3 smaller; the largest is Ecom Commodities India Private Limited with revenue of ₹975.87 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 364 overdue payments to 62 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sanstar.in.
Company details
CIN history
Sanstar has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L10621GJ1982PLC072555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L10621GJ1982PLC072555 | Current |
| U15400DL1982PLC013216 | Previous |
| U15400GJ1982PLC072555 | Previous |
| U21093DL1982PLC013216 | Previous |
| L15400GJ1982PLC072555 | Previous |
Contact details
Sanstar Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressSanstarhousenr. – Parimalunderbridge Opp. – Suvidhashoppingcentre Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryFood and Beverages, Organic & Health Foods
- 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
Sanstar operates one associated brand: Sanstar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plant-based ingredient solutions are developed for food and nutrition sectors. | sanstar.in |
Business activity
The main business activity of Sanstar is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Sanstar Limited, buy the company report.
Financials of Sanstar Limited
FY 2026 filings availableSanstar Limited reported revenue of ₹796.41 Cr (down 26% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 62% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹796.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.45 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 Sanstar Limited, buy the company report.
Board of directors and KMP of Sanstar Limited
Sanstar Limited currently reports 6 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyans Gautamchand Chowdary | Managing Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Gouthamchand Sohanlal Chowdhary | Managing Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Sambhav Gautamchand Chowdhary | Managing Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Sejal Ronak Agrawal Also directs: Procurve Valux Private Limited | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Aniket Sunil Talati Also directs: Talati & Talati LLP, TCPL Packaging Limited, Prudent Corporate Advisory Services Limited and 1 more | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Atul Agarwal | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
Peer comparison
Sanstar Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ecom Commodities India Private Limited | ₹975.87 Cr (FY 2025) | 57.0% | Bangalore, Karnataka, India | |||
| Sonic Biochem Extractions Private Limited | ₹961.86 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Sanstar Limitedthis company | ₹796.41 Cr (FY 2026) | ₹34.45 Cr | 4.3% | -26.0% | Ahmedabad, Gujarat, India | |
| Paramesu Biotech Limited | ₹769.26 Cr (FY 2025) | 22.0% | Devarapalli, Andhra Pradesh, India | |||
| Jagatjit Industries Limited | ₹670.34 Cr (FY 2025) | -9.0% | Punjab, India |
To see the full peer comparison of Sanstar Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2025 | 101061969 | Others | ₹5.63 Cr | Open | |
| 19 Jul 2023 | 100760620 | Others | ₹25 Cr | Open | |
| 19 Jun 2014 | 10509027 | Others | ₹77.79 Cr | Open | |
| 06 Apr 2004 | 80008933 | Others | ₹56.25 Cr | Open | |
| 05 Apr 2004 | 90100985 | The Karur Vysya Bank Ltd. | ₹24.75 Cr | Open |
To see the full charge records of Sanstar Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Sanstar Limited has 22 deals on record (10 secondary share transfers, 8 market trades, 2 funding rounds), with disclosed funding of ₹12.52 Cr; the latest was in April 2026.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹7.73 Cr | Buyer: Sahaj Securities LLP Seller: Atman Investments Private Limited |
| Sep 2024 | Market trade | ₹14.41 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Sep 2024 | Market trade | ₹18.39 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2024 | Market trade | ₹17.42 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2024 | Market trade | ₹14.9 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Sanstar 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
Sanstar Limited has 19 court cases on record: 9 filed by Sanstar, 10 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 0 |
| High courts | 5 | 0 | 1 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Global Adsorbents Pvt. Ltd. | Disposed |
| District court, Dhule, Maharashtra | Court case (Spl .Dkst) | Filed against the company by General Registrar Bharat Sanchar Nigam Ltd.Dhule | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Ms Gupta Coal (India) Ltd. | Disposed |
| District court, Dhule, Maharashtra | Civil suit | Filed against the company by Bharat Sanchar Nigam Limited. | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
To see the full case history of Sanstar 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
Sanstar Limited was last rated by Crisil on 04 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Nov 2020 |
To see the full credit ratings and regulatory alerts of Sanstar Limited, buy the company report.
MSME payment delays
Sanstar Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 364 overdue payments to 62 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 62)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gaylord Enterprise | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sanstar Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sanstar has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC1062D3ZE | Gujarat | Active | 05 Dec 2023 |
| 27AAACC1062D1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sanstar Limited, buy the company report.
Recent activity
Sanstar Limited has 21 board changes on record since 2012: 7 appointments and 14 cessations. The latest: Aniket Sunil Talati ceased to be Additional Director on 27 Nov 2023.
33 earlier events are in the company report.
News
Frequently asked questions
Sanstar is an active public limited company based in Ahmedabad, Gujarat, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 26 February 1982 (44+ years old) and is registered under CIN L10621GJ1982PLC072555. Listed on BSE: 544217 and NSE: SANSTAR.
Sanstar has 7 current directors and KMP:
- Shreyans Gautamchand Chowdary - Managing Director
- Gouthamchand Sohanlal Chowdhary - Managing Director
- Sambhav Gautamchand Chowdhary - Managing Director
- Sejal Ronak Agrawal - Director
- Aniket Sunil Talati - Director
- Atul Agarwal - Director
- Fagun Shah Hiteshbhai - Company Secretary
The latest financial statements of Sanstar on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sanstar is 24AAACC1062D3ZE, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACC1062D1ZA (Maharashtra).
The CIN (Corporate Identification Number) of Sanstar is L10621GJ1982PLC072555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sanstar is a listed company as per MCA records. Its shares are listed on both BSE (code: 544217) and NSE (symbol: SANSTAR).
Sanstar has 19 court cases on record: 9 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Sanstar was incorporated on 26 February 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sanstar has 22 deals on record (10 secondary share transfers, 8 market trades, 2 funding rounds), with disclosed funding of ₹12.52 Cr; the latest was in April 2026.
The peers of Sanstar by revenue are Ecom Commodities India Private Limited, Sonic Biochem Extractions Private Limited, Paramesu Biotech Limited, Jagatjit Industries Limited, all in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products).
Aniket Sunil Talati ceased to be Additional Director on 27 Nov 2023. Sejal Ronak Agrawal ceased to be Additional Director on 27 Nov 2023. Aniket Sunil Talati was appointed as Director on 01 Nov 2023. Sanstar has 21 board changes on record in total.
Sanstar has 12 MSME Form 1 returns on record between 2019 and 2023, listing 364 overdue payments to 62 micro and small suppliers. The latest return was filed on 27 Mar 2024.
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