Saraswati Timber Private Limited

Saraswati Timber Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U19113DL1998PTC094493 Incorporated 15 June 1998 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2020
₹11.55 Cr
▼ 15% YoY
Net loss · FY 2020
₹83.43 Lakh
Net margin -7.2%
EBITDA · FY 2020
-₹14.25 Lakh
EBITDA margin -1.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1.32 Lakh
Issued & subscribed
Open charges
₹14.99 Cr
Satisfied ₹80 Lakh
Company age
28 yrs
Est. 1998
Employees · EPFO
9
Provident fund records

About Saraswati Timber Private Limited

Data last updated:

Saraswati Timber Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 15 June 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19113DL1998PTC094493. Its GSTIN is 06AABCS7813H1ZE (Haryana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.32 Lakh. It is led by directors Akash Kapoor and Arjun Puri.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 30 G/F Kh No. 113/4 Baba Hari Dass Geetanjali Enclave Gali No. 5, New Delhi, Delhi, India – 110072.

As per the financials filed for FY 2020, the company reported a revenue of ₹11.55 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹83.43 Lakh (net margin -7.2%) and EBITDA of -₹14.25 Lakh (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 15% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹14.99 Cr and satisfied charges of ₹80 Lakh on record. Court records list 15 cases involving the company, including 15 filed against it; 2 cases are pending.

Saraswati Timber Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-07-0002634). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U19113DL1998PTC094493
Registration Number 094493
Incorporation Date 15 June 1998
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-07-0002634

CIN history

Saraswati Timber has one previous CIN (Corporate Identification Number): U20211DL1998PTC094493. The current CIN is U19113DL1998PTC094493, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U19113DL1998PTC094493Current
U20211DL1998PTC094493Previous
Key People
Akash Kapoor Director Arjun Puri Director

Recognitions & Rankings of Saraswati Timber

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-HR-07-0002634

Contact details

Saraswati Timber Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 30 G/F Kh No. 113/4 Baba Hari Dass Geetanjali Enclave Gali No. 5, New Delhi, Delhi, India – 110072
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Saraswati Timber Private Limited, buy the company report.

Comprehensive company report
Saraswati Timber Private 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
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Business activity

The main business activity of Saraswati Timber is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Saraswati Timber Private Limited, buy the company report.

Financials of Saraswati Timber Private Limited

FY 2020 filings available

Saraswati Timber Private Limited reported revenue of ₹11.55 Cr (down 15% YoY) for FY 2020.

Revenue · FY 2020
₹11.55 Cr ▼ 15%
Net loss · FY 2020
₹83.43 Lakh margin -7.2%
EBITDA · FY 2020
-₹14.25 Lakh margin -1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 23%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 78%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 15% fall in the latest year. EBITDA rose 78% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹11.55 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹14.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹83.43 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-1.2%
Net Profit Margin-7.2%
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 Saraswati Timber Private Limited, buy the company report.

Board of directors of Saraswati Timber Private Limited

Saraswati Timber has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akash Kapoor
Also directs: Profax Footwear Private Limited
Director01 Jan 200818 Years 10 MonthsCurrent
Arjun Puri
Also directs: Advance Shoes Private Limited
Director01 Jan 200818 Years 10 MonthsCurrent
View all directors

Peer comparison

Saraswati Timber Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Unity Polymers Private Limited₹11.7 Cr (FY 2025)55.0%New Delhi, Delhi, India
Saraswati Timber Private Limitedthis company₹11.55 Cr (FY 2020)-₹83.43 Lakh-7.2%-15.0%9New Delhi, Delhi, India
Mohib India Shoes Private Limited₹11.52 Cr (FY 2024)-36.0%Chennai, Tamil Nadu, India
Ganuchi Fashions Private Limited₹11.14 Cr (FY 2022)155.0%New Delhi, Delhi, India

To see the full peer comparison of Saraswati Timber Private Limited, buy the company report.

Auditor

Saraswati Timber Private Limited is audited by G S K & ASSOCIATES LLP for the financial year 2020.

Auditor firmFinancial yearFirm registration number
G S K & ASSOCIATES LLPFY 2020013838N

Shareholding

The shareholding of Saraswati Timber Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Saraswati Timber Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.99 Cr
Satisfied charges
₹80 Lakh
Breakdown by lending institutions
Punjab National Bank₹10.29 Cr
Others₹4.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 2018100229224Others₹50 LakhOpen
26 Oct 2018100255029Others₹35 LakhOpen
29 Sep 2018100236663Others₹3.85 CrOpen
25 May 201510574210Punjab National Bank₹3.8 LakhOpen
04 Jul 201110302454Punjab National Bank₹4 CrOpen

To see the full charge records of Saraswati Timber Private Limited, buy the company report.

Total charge records: 7 View all charges

Credit ratings & regulatory alerts

Saraswati Timber Private Limited was last rated by Care on 12 Nov 2021.

Rating agencyRated onRating
Care12 Nov 2021

To see the full credit ratings and regulatory alerts of Saraswati Timber Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Saraswati Timber Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Saraswati Timber Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-30.77%

GST

Saraswati Timber has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AABCS7813H1ZEHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Saraswati Timber Private Limited, buy the company report.

Recent activity

Saraswati Timber Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Akash Kapoor ceased to be Director on 10 May 2022.

Ceased
Akash Kapoor ceased to be Director.
AGM
Saraswati Timber Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Saraswati Timber Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi I.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100229224 was registered on 30 Nov 2018.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100255029 was registered on 26 Oct 2018.
Charges
A charge with Others amounted to Rs. 385.00 Lakh with Charge ID 100236663 was registered on 29 Sep 2018.
Ceased
Surender Kumar ceased to be Director.
Charges
A charge with Punjab National Bank amounted to Rs. 3.80 Lakh with Charge ID 10574210 was registered on 25 May 2015.
Charges
A charge registered on 19 Nov 2014 via Charge ID 10535694 with Punjab National Bank was fully satisfied on 04 May 2015.
Charges
A charge with Punjab National Bank of Rs. 625.00 Lakh registered on 04 Jul 2011 with Charge ID 10303146 was modified on 31 Mar 2015.
Charges
A charge with Punjab National Bank amounted to Rs. 80.00 Lakh with Charge ID 10535694 was registered on 19 Nov 2014.
Ceased
Angad Puri ceased to be Director.

8 earlier events are in the company report.

Frequently asked questions

Saraswati Timber is an active private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 15 June 1998 (28+ years old) and is registered under CIN U19113DL1998PTC094493.

Saraswati Timber has 2 current directors:

The latest financial statements of Saraswati Timber on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Saraswati Timber is 06AABCS7813H1ZE, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Saraswati Timber is U19113DL1998PTC094493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saraswati Timber has 15 court cases on record: 15 filed against it. 2 are pending. Most are in the district courts.

Saraswati Timber was incorporated on 15 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Saraswati Timber by revenue are Unity Polymers Private Limited, Mohib India Shoes Private Limited, Ganuchi Fashions Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Akash Kapoor ceased to be Director on 10 May 2022. Surender Kumar ceased to be Director on 22 Feb 2017. Angad Puri ceased to be Director on 01 Jan 2012. Saraswati Timber has 8 board changes on record in total.

Yes, Saraswati Timber is registered as a small enterprise under Udyam registration (number: UDYAM-HR-07-0002634).

The registered office of Saraswati Timber is at Plot No. 30 GF Kh No. 1134 Baba Hari Dass Geetanjali Enclave Gali No. 5, New Delhi, Delhi, India – 110072.