MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0103059
Sarasiya Agritech Limited
Sarasiya Agritech Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹60.74 Cr
▲ 103% YoY
Net loss · FY 2024
₹69.91 Lakh
Net margin -1.2%
EBITDA · FY 2024
-₹11.57 Lakh
EBITDA margin -0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.2 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
2
GST registered
About Sarasiya Agritech Limited
Data last updated:
Sarasiya Agritech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31904GJ2017PLC095791. Its GSTIN is 24AAYCS3121M1ZX (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.2 Lakh. It was formerly known as Sarasiya Solar Limited. It is led by directors including Bhavnaben Pravinbhai Kotadia and Darshnaben Vipulbhai Suhagiya.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.74 Cr, a growth of 103% compared to the previous year. For the same year it recorded a net loss of ₹69.91 Lakh (net margin -1.2%) and EBITDA of -₹11.57 Lakh (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 179% over three years and 15% over five years.
Sarasiya Agritech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0103059). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31904GJ2017PLC095791
Registration Number 095791
Incorporation Date 14 February 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0103059
Key People
Bhavnaben Pravinbhai Kotadia Director Darshnaben Vipulbhai Suhagiya Director Viral Jayprakash Muchhala Director Recognitions & Rankings of Sarasiya Agritech
Contact details
Sarasiya Agritech Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 212 Titanium City Centre Near Sachin Tower, 100 Feet Ring Road Anandnagar Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sarasiya Agritech Limited, buy the company report.
Comprehensive company report
Sarasiya Agritech Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Sarasiya Agritech is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Sarasiya Agritech Limited, buy the company report.
Financials of Sarasiya Agritech Limited
FY 2024 filings availableSarasiya Agritech Limited reported revenue of ₹60.74 Cr (up 103% YoY) for FY 2024.
Revenue · FY 2024
₹60.74 Cr ▲ 103%
Net loss · FY 2024
₹69.91 Lakh margin -1.2%
EBITDA · FY 2024
-₹11.57 Lakh margin -0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 179%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 135%
3 years · compounded
▼ 38%
5 years · compounded
▼ 55%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 103% growth in the latest year. EBITDA fell 135% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69.91 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -1.2% | ||||
| 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 Sarasiya Agritech Limited, buy the company report.
Board of directors of Sarasiya Agritech Limited
Sarasiya Agritech has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavnaben Pravinbhai Kotadia | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Darshnaben Vipulbhai Suhagiya | Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Viral Jayprakash Muchhala | Director | 06 Jan 2024 | 2 Years 10 Months | Current |
| Keyur Jayprakashbhai Muchhala | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
Auditor
Sarasiya Agritech Limited is audited by ZEEL PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZEEL PATEL & ASSOCIATES | FY 2023 | 148059W |
Shareholding
The shareholding of Sarasiya Agritech 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarasiya Agritech Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sarasiya Agritech Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Sarasiya Agritech Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 11 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Solex Energy Limited | |||
| Shivam Photovoltaics Private Limited | |||
| Vcan & Co. | |||
| an individual supplier |
To see the full MSME payment records of Sarasiya Agritech Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sarasiya Agritech has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS3121M1ZX | Gujarat | Active | 01 Jul 2017 |
| 10AAYCS3121M1Z6 | Bihar | Active | 10 Jan 2020 |
To see the full GST registrations and return filing status of Sarasiya Agritech Limited, buy the company report.
Recent activity
Sarasiya Agritech Limited has 10 board changes on record since 2017: 4 appointments and 6 cessations. The latest: Keyur Jayprakashbhai Muchhala was appointed as Director on 01 Jan 2025.
Appointed
Keyur Jayprakashbhai Muchhala was appointed as Director.
AGM
Sarasiya Agritech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sarasiya Agritech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Viral Jayprakash Muchhala was appointed as Director.
Ceased
Parthraj Harshadsinh Rana ceased to be Additional Director.
Ceased
Alok Pradipbhai Birewar ceased to be Additional Director.
Ceased
Patel Chetnaben Ashwinbhai ceased to be Director.
Ceased
Viral Jayprakash Muchhala ceased to be Director.
Appointed
Bhavnaben Pravinbhai Kotadia was appointed as Director.
Ceased
Jagrutiben Rameshbhai Joshi ceased to be Director.
Ceased
Nayanaben Piyushkumar Thumar ceased to be Director.
Appointed
Darshnaben Vipulbhai Suhagiya was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Sarasiya Agritech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 February 2017 (9+ years old) and is registered under CIN U31904GJ2017PLC095791.
Sarasiya Agritech has 4 current directors:
- Bhavnaben Pravinbhai Kotadia - Director
- Darshnaben Vipulbhai Suhagiya - Director
- Viral Jayprakash Muchhala - Director
- Keyur Jayprakashbhai Muchhala - Director
The latest financial statements of Sarasiya Agritech 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 FY 2017 are in the company report.
The GSTIN of Sarasiya Agritech is 24AAYCS3121M1ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 10AAYCS3121M1Z6 (Bihar).
The CIN (Corporate Identification Number) of Sarasiya Agritech is U31904GJ2017PLC095791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarasiya Agritech was incorporated on 14 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Keyur Jayprakashbhai Muchhala was appointed as Director on 01 Jan 2025. Viral Jayprakash Muchhala was appointed as Director on 06 Jan 2024. Parthraj Harshadsinh Rana ceased to be Additional Director on 11 Mar 2023. Sarasiya Agritech has 10 board changes on record in total.
Yes, Sarasiya Agritech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0103059).
Sarasiya Agritech has 8 MSME Form 1 returns on record between 2019 and 2022, listing 11 overdue payments to 4 micro and small suppliers. The latest return was filed on 22 Apr 2022.
The registered office of Sarasiya Agritech is at E – 212 Titanium City Centre Near Sachin Tower, 100 Feet Ring Road Anandnagar Satellite, Ahmedabad, Gujarat, India – 380015.
Sarasiya Agritech operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages