About Satani Bearings Limited
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Satani Bearings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L29130MH1985PLC035747. Its GSTIN is 27AAACD1502D2ZF (Maharashtra). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (505703) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Deccan Bearings Ltd. It is led by directors including Paresh Gushabhai Satani (Managing Director) and Chirag Ramjibhai Satani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 136 B Wing Ansa Industrial Estate, Saki Vihar Road Sakinaka Andheri (East) Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.01 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹16.37 Lakh (net margin -408.4%) and EBITDA of -₹15.97 Lakh (EBITDA margin -398.6%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 55% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8.25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deccanbearings.in.
Company details
CIN history
Satani Bearings has one previous CIN (Corporate Identification Number): U29130MH1985PLC035747. The current CIN is L29130MH1985PLC035747, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29130MH1985PLC035747 | Current |
| U29130MH1985PLC035747 | Previous |
Contact details
Satani Bearings Limited's registered office is in Mumbai, Maharashtra. Its website is deccanbearings.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address136 B Wing Ansa Industrial Estate, Saki Vihar Road Sakinaka Andheri (East) Mumbai, Maharashtra, India – 400072
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Satani Bearings 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
Financials of Satani Bearings Limited
FY 2025 filings availableSatani Bearings Limited reported revenue of ₹4.01 Lakh (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.01 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -398.6% | ||||
| Net Profit Margin | -408.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Satani Bearings Limited, buy the company report.
Board of directors of Satani Bearings Limited
Satani Bearings has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Sagar Parab | Director | 28 Jan 2019 | 7 Years 8 Months | Current |
| Paresh Gushabhai Satani | Managing Director | 20 Nov 2025 | 0 Years 11 Months | Current |
| Chirag Ramjibhai Satani | Whole-Time Director | 20 Nov 2025 | 0 Years 11 Months | Current |
| Tanuj Pareshkumar Satani | Whole-Time Director | 20 Nov 2025 | 0 Years 11 Months | Current |
| Aakansha Vaid | Director | 22 Oct 2024 | 2 Years 0 Months | Current |
| Ajay Jagdishbhai Gohel Also directs: Satani Nextgen Engineering Limited | Director | 15 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Satani Bearings Limited is audited by SUVARNA & KATDARE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUVARNA & KATDARE | FY 2023 | 125080W |
Shareholding
The shareholding of Satani Bearings 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 Satani Bearings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2007 | 10050581 | State Bank of India | ₹1.87 Lakh | Satisfied | |
| 24 Oct 1994 | 90235639 | State Bank of India | ₹2.88 Cr | Satisfied | |
| 17 Aug 1994 | 90235632 | State Bank of India | ₹2.88 Cr | Satisfied | |
| 11 May 1991 | 90235485 | State Bank of India | ₹1.4 Cr | Satisfied | |
| 17 Apr 1989 | 90235396 | State Bank of India | ₹87 Lakh | Satisfied |
To see the full charge records of Satani Bearings Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Satani Bearings Limited has 1 court case on record: 1 filed by Satani Bearings. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Satani Bearings 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 Satani Bearings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satani Bearings Limited has a workforce of 2 employees on its EPFO records as of Aug 02, 2024, across 1 active EPFO establishment.
GST
Satani Bearings has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1502D2ZF | Maharashtra | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Satani Bearings Limited, buy the company report.
Recent activity
Satani Bearings Limited has 35 board changes on record since 1985: 21 appointments and 14 cessations. The latest: Chirag Ramjibhai Satani was appointed as Whole-Time Director on 20 Nov 2025.
40 earlier events are in the company report.
Frequently asked questions
Satani Bearings is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 March 1985 (41+ years old) and is registered under CIN L29130MH1985PLC035747.
Satani Bearings has 7 current directors:
- Paresh Gushabhai Satani - Managing Director
- Chirag Ramjibhai Satani - Whole-Time Director
- Tanuj Pareshkumar Satani - Whole-Time Director
- Shilpa Sagar Parab - Director
- Aakansha Vaid - Director
- Ajay Jagdishbhai Gohel - Director
- Nitin Arvind Oza - Director
The latest financial statements of Satani Bearings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Satani Bearings is 27AAACD1502D2ZF, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Satani Bearings is L29130MH1985PLC035747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satani Bearings is recorded as a listed company by MCA, but trading in its shares on BSE (505703) has been suspended, so they do not currently trade on a stock exchange.
Satani Bearings has 1 court case on record: 1 filed by the company.
Satani Bearings was incorporated on 26 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Chirag Ramjibhai Satani was appointed as Whole-Time Director on 20 Nov 2025. Paresh Gushabhai Satani was appointed as Managing Director on 20 Nov 2025. Tanuj Pareshkumar Satani was appointed as Whole-Time Director on 20 Nov 2025. Satani Bearings has 35 board changes on record in total.
Satani Bearings can be reached through the website deccanbearings.in. Its registered office is in Mumbai, Maharashtra, India.