Saraswati Concast Private Limited
About Saraswati Concast Private Limited
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Saraswati Concast Private Limited is a private limited company based in Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 05 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27310DL2007PTC157461. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.35 Cr. It is led by directors including Jatin Gupta and Akshat Gupta.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 26/2 Shakti Nagar, Delhi, India – 110007.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.9 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹22.79 Lakh (net margin 12%) and EBITDA of ₹41.2 Lakh (EBITDA margin 21.7%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 29% over five years.
As per MCA filings, the company has satisfied charges of ₹5.5 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saraswati Concast Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address26/2 Shakti Nagar, Delhi, India – 110007
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Saraswati Concast 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
Business activity
The main business activity of Saraswati Concast is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Saraswati Concast Private Limited, buy the company report.
Financials of Saraswati Concast Private Limited
FY 2021 filings availableSaraswati Concast Private Limited reported revenue of ₹1.9 Cr (down 93% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 93% fall in the latest year. EBITDA rose 126% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹1.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹41.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.79 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 12% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Saraswati Concast Private Limited, buy the company report.
Board of directors of Saraswati Concast Private Limited
Saraswati Concast has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Gupta | Additional Director | 15 Feb 2024 | 2 Years 8 Months | Current |
| Jatin Gupta | Director | 05 Jan 2007 | 19 Years 9 Months | Current |
| Akshat Gupta | Director | 05 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Saraswati Concast Private Limited is audited by GARG RITESH N & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG RITESH N & ASSOCIATES | FY 2021 | 025094N |
Shareholding
The shareholding of Saraswati Concast Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saraswati Concast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2012 | 10338501 | Bank of India | ₹4.5 Cr | Satisfied | |
| 01 Feb 2012 | 10338502 | Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Saraswati Concast Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Saraswati Concast Private Limited has 7 court cases on record: 3 filed by Saraswati Concast, 4 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Gail Gas Limited | Pending |
| District court, Central, Delhi | Execution petition | Filed against the company by Gail Gas Limited | Pending |
| District court, Central, Delhi | Arbitration matter | Filed by the company against Gail Gas Limited | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Lauls Ltd | Disposed |
| District court, Central, Delhi | Court case (T.P. C) | Filed by the company against M/S Gail Gas Limited | Disposed |
To see the full case history of Saraswati Concast 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 Saraswati Concast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saraswati Concast has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saraswati Concast Private Limited, buy the company report.
Recent activity
Saraswati Concast Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Shweta Gupta was appointed as Additional Director on 15 Feb 2024.
Frequently asked questions
Saraswati Concast is an active private limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 January 2007 (19+ years old) and is registered under CIN U27310DL2007PTC157461.
Saraswati Concast has 3 current directors:
- Shweta Gupta - Additional Director
- Jatin Gupta - Director
- Akshat Gupta - Director
The latest financial statements of Saraswati Concast on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Saraswati Concast has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Saraswati Concast is U27310DL2007PTC157461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraswati Concast has 7 court cases on record: 3 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Saraswati Concast was incorporated on 05 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Shweta Gupta was appointed as Additional Director on 15 Feb 2024. Akshat Gupta was appointed as Director on 05 Jan 2007. Jatin Gupta was appointed as Director on 05 Jan 2007.
The registered office of Saraswati Concast is at 262 Shakti Nagar, Delhi, India – 110007.
Saraswati Concast operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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