About Sarthak Equipment Line Private Limited
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Sarthak Equipment Line Private Limited is a private limited company based in Chandigarh, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 27 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50100CH2014PTC035118. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors Asha Saini and Rajat Saini.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at SCO 34 – 37 First Floor Sector 9 – D, Chandigarh, India – 160017.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.42 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹5.82 Lakh (net margin 2.4%) and EBITDA of ₹1.61 Cr (EBITDA margin 66.3%).
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.9 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sarthaklogistics.com.
Company details
Contact details
Sarthak Equipment Line Private Limited's registered office is in Chandigarh, Chandigarh. Its website is sarthaklogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 34 – 37 First Floor Sector 9 – D, Chandigarh, India – 160017
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Sarthak Equipment Line 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 Sarthak Equipment Line is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Sarthak Equipment Line Private Limited, buy the company report.
Financials of Sarthak Equipment Line Private Limited
FY 2017 filings availableSarthak Equipment Line Private Limited reported revenue of ₹2.42 Cr (down 17% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.42 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.61 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.82 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 66.3% | ||
| Net Profit Margin | 2.4% | ||
| 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 Sarthak Equipment Line Private Limited, buy the company report.
Board of directors of Sarthak Equipment Line Private Limited
Sarthak Equipment Line has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Saini | Director | 27 Jun 2014 | 12 Years 4 Months | Current |
| Rajat Saini | Director | 27 Jun 2014 | 12 Years 4 Months | Current |
Auditor
Sarthak Equipment Line Private Limited is audited by O.P. MONGIA AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. MONGIA AND ASSOCIATES | FY 2017 | 085882 |
Shareholding
The shareholding of Sarthak Equipment Line Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sarthak Equipment Line Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2016 | 100026817 | Others | ₹23.6 Lakh | Open | |
| 11 Aug 2014 | 10530090 | Bank of India | ₹4.66 Cr | Open |
To see the full charge records of Sarthak Equipment Line Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sarthak Equipment Line Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (TRF) | Filed against the company by State of Ut Chandigarh | Disposed |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed against the company by Rama Motor Sales and Services | Disposed |
| District court, Jamnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Jamnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Sarthak Equipment Line 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 Sarthak Equipment Line Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sarthak Equipment Line Private Limited has a workforce of 5 employees on its EPFO records as of Sep 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 5 |
| FY 2016-17 |
To see the full employee and EPFO history of Sarthak Equipment Line Private Limited, buy the company report.
GST
Sarthak Equipment Line has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sarthak Equipment Line Private Limited, buy the company report.
Recent activity
Sarthak Equipment Line Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Asha Saini was appointed as Director on 27 Jun 2014.
Frequently asked questions
Sarthak Equipment Line is an active private limited company based in Chandigarh, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 27 June 2014 (12+ years old) and is registered under CIN U50100CH2014PTC035118.
Sarthak Equipment Line has 2 current directors:
- Asha Saini - Director
- Rajat Saini - Director
The latest financial statements of Sarthak Equipment Line on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Sarthak Equipment Line has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sarthak Equipment Line is U50100CH2014PTC035118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarthak Equipment Line has 7 court cases on record: 7 filed against it.
Sarthak Equipment Line was incorporated on 27 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
Asha Saini was appointed as Director on 27 Jun 2014. Rajat Saini was appointed as Director on 27 Jun 2014.
Sarthak Equipment Line can be reached through the website sarthaklogistics.com. Its registered office is in Chandigarh, India.
The registered office of Sarthak Equipment Line is at SCO 34 – 37 First Floor Sector 9 – D, Chandigarh, India – 160017.
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