About Saraya Industries Ltd.
Data last updated:
Saraya Industries Ltd. is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 02 April 1980.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL1980PLC010325. Its GSTIN is 07AAACS0205Q1ZE (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹8.1 Cr and a paid-up capital of ₹4.28 Cr. It was formerly known as Saraya Industries Private Limited. It is led by directors including Satyajit Singh Majithia (Managing Director) and Gurmeher Singh Majithia (Managing Director).
Its last annual general meeting (AGM) was held on 18 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 302 Thapar Arcade 47 Kalu Sarai Hauz Khas, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.75 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹23.17 Cr (net margin -77.9%) and EBITDA of -₹8.79 Cr (EBITDA margin -29.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹271 Cr and satisfied charges of ₹306.6 Cr on record. Court records list 81 cases involving the company, including 33 filed by the company and 48 filed against it; 5 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2016. Its 8 peer companies in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 5 smaller; the largest is Oakland Bottlers Private Limited. with revenue of ₹32.76 Cr.
The last known website on record is sarayagroup.com.
Company details
CIN history
Saraya Industries has one previous CIN (Corporate Identification Number): U74899DL1980PLC010325. The current CIN is U40300DL1980PLC010325, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300DL1980PLC010325 | Current |
| U74899DL1980PLC010325 | Previous |
Contact details
Saraya Industries Ltd.'s registered office is in New Delhi, Delhi. Its website is sarayagroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address302 Thapar Arcade 47 Kalu Sarai Hauz Khas, New Delhi, Delhi, India – 110016
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Saraya Industries Ltd., 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 Saraya Industries 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 Saraya Industries Ltd., buy the company report.
Financials of Saraya Industries Ltd.
FY 2021 filings availableSaraya Industries Ltd. reported revenue of ₹29.75 Cr (down 33% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 33% fall 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 | ₹29.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.17 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.6% | ||||
| Net Profit Margin | -77.9% | ||||
| 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 Saraya Industries Ltd., buy the company report.
Board of directors of Saraya Industries Ltd.
Saraya Industries has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyajit Singh Majithia | Managing Director | 01 Nov 1980 | 46 Years 0 Months | As last reported |
| Gurmeher Singh Majithia Also directs: Saraya Renewable Energy Private Limited, Nawanshahr Power Private Limited, Prime Air Ambulance Private Limited and 1 more | Managing Director | 03 Sep 2001 | 25 Years 2 Months | As last reported |
| Deepak Khajuria Also directs: Sansi Global Private Limited | Director | 17 Aug 2020 | 6 Years 2 Months | As last reported |
Peer comparison
Saraya Industries Ltd. is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), 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 |
|---|---|---|---|---|---|---|
| Oakland Bottlers Private Limited. | ₹32.76 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Kishore Prasad Bijay Prasad Beverages Private Limited | ₹32.73 Cr (FY 2025) | -17.0% | Bhubaneswar, Odisha, India | |||
| Elite Vintage Winery India Private Limited | ₹32.69 Cr (FY 2025) | 41.0% | Mudhol, Karnataka, India | |||
| Saraya Industries Ltd.this company | ₹29.75 Cr (FY 2021) | -₹23.17 Cr | -77.9% | -33.0% | New Delhi, Delhi, India | |
| Sree Venkateshwara Winery and Distillery Private Limited | ₹29.48 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Siliconvalley Grape Winery Private Limited | ₹29.41 Cr (FY 2025) | -11.0% | Ramanagara, Karnataka, India | |||
| Shashi Distilleries Private Limited | ₹28.87 Cr (FY 2025) | 36.0% | Bangalore, Karnataka, India | |||
| Saffron Beverages Private Limited | ₹28.6 Cr (FY 2025) | -40.0% | Indore, Madhya Pradesh, India | |||
| A.P.Met-Engg Limited | ₹28.56 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Saraya Industries Ltd., buy the company report.
Auditor
Saraya Industries Ltd. is audited by J S B ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S B ASSOCIATES | FY 2021 | 005829C |
Shareholding
The shareholding of Saraya Industries Ltd. 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saraya Industries Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2019 | 100238331 | Others | ₹51.29 Cr | Open | |
| 08 Feb 2012 | 10343451 | Punjab National Bank | ₹2.6 Cr | Open | |
| 01 Dec 2010 | 10259241 | Others | ₹18.42 Cr | Open | |
| 04 Oct 2010 | 10252436 | Punjab National Bank | ₹2.52 Cr | Open | |
| 30 Jun 2010 | 10234716 | Punjab National Bank | ₹8.59 Cr | Open |
To see the full charge records of Saraya Industries Ltd., buy the company report.
Total charge records: 34 View all charges
Deals & funding
Saraya Industries Ltd. has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Peregrine Saraya Organics Private Limited Seller: Clearwater Capital Partners (Cyprus) Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saraya Industries Ltd. has 81 court cases on record: 33 filed by Saraya Industries, 48 filed against it. 5 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 52 | 25 | 3 |
| District courts | 16 | 12 | 1 |
| Supreme Court | 8 | 6 | 1 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Civil suit | Filed against the company by P.C.I Pest Control Pvt. Ltd. | Pending |
| District court, South, Delhi | Execution petition | Filed against the company by M/S Shatabdi Chemicals Pvt Ltd | Disposed |
| District court, South, Delhi | Commercial suit | Filed against the company by M/S Shatabdi Chemicals Pvt Ltd | Disposed |
| Supreme Court | Court case (3802-Matters Relating To Consumer Protection : SLPs relating to Consumer Protection.) | Filed against the company by National Insurance Company Ltd. Head Office, 3, Middleton Street, Prafulla Chandra Sen, Sarani , District: Kolkata ,Kolkata , West Bengal | Disposed |
| District court, North, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by M/S BMW India Financial Services Pvt. Ltd. | Disposed |
To see the full case history of Saraya Industries Ltd., 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
Saraya Industries Ltd. was last rated by Care on 22 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Nov 2021 |
To see the full credit ratings and regulatory alerts of Saraya Industries Ltd., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saraya Industries Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Saraya Industries has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Saraya Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACS0205Q1ZE | Delhi | Active | 29 Jul 2020 |
| 09AAACS0205Q1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saraya Industries Ltd., buy the company report.
Recent activity
Saraya Industries Ltd. has 11 board changes on record since 1980: 3 appointments and 8 cessations. The latest: Deepak Khajuria ceased to be Additional Director on 30 Dec 2020.
65 earlier events are in the company report.
Frequently asked questions
Saraya Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Saraya Industries is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 02 April 1980 and is registered under CIN U40300DL1980PLC010325. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Saraya Industries has 3 current directors:
- Satyajit Singh Majithia - Managing Director
- Gurmeher Singh Majithia - Managing Director
- Deepak Khajuria - Director
The latest financial statements of Saraya Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 18 January 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saraya Industries is U40300DL1980PLC010325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraya Industries has open charges of ₹271 Cr and satisfied charges of ₹306.6 Cr as per latest MCA filings.
Saraya Industries has 81 court cases on record: 33 filed by the company and 48 filed against it. 5 are pending. Most are in the high courts.
Saraya Industries was incorporated on 02 April 1980. It is registered with the Registrar of Companies, Delhi.
Saraya Industries has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
The peers of Saraya Industries by revenue are Oakland Bottlers Private Limited, Kishore Prasad Bijay Prasad Beverages Private Limited, Elite Vintage Winery India Private Limited, Sree Venkateshwara Winery and Distillery Private Limited, Siliconvalley Grape Winery Private Limited and 3 more, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Deepak Khajuria ceased to be Additional Director on 30 Dec 2020. Deepak Khajuria was appointed as Director on 17 Aug 2020. Sukhmanjus Majithia ceased to be Director on 09 Aug 2020. Saraya Industries has 11 board changes on record in total.
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