- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0012214

About Satec Envir Engineering (India) Private Limited
Data last updated:
Satec Envir Engineering (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 30 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29197MH1991PTC064661. Its GSTIN is 27AACCS0746E1ZL (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹61.37 Cr and a paid-up capital of ₹61.37 Cr. It is led by directors Amarprakash Mahavirprasad Agarwal and Bandu Babu Thik.
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 Plot No A/107 – 108 Ttc Industrial Area MIDC Khairane Thane – Belapur Road, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2023, the company reported a revenue of ₹114.06 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹21.54 Cr (net margin 18.9%) and EBITDA of ₹25.13 Cr (EBITDA margin 22%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 3% over five years.
The company is associated with 1 brand: Satec. As per MCA filings, the company has open charges of ₹9.5 Cr and satisfied charges of ₹418.78 Cr on record. Court records list 78 cases involving the company, including 18 filed by the company and 60 filed against it; 19 cases are pending. The company has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹127.81 Cr; the latest was in March 2021.
Satec Envir Engineering (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0012214). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satec.co.in.
Company details
Recognitions & Rankings of Satec Envir Engineering (India)
Contact details
Satec Envir Engineering (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is satec.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No A/107 – 108 Ttc Industrial Area MIDC Khairane Thane – Belapur Road, Navi Mumbai, Maharashtra, India – 400705
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Satec Envir Engineering (India) 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
Brands
Satec Envir Engineering (India) operates one associated brand: Satec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering and infrastructure solutions are provided across multiple sectors. | satec.co.in |
Business activity
The main business activity of Satec Envir Engineering (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Satec Envir Engineering (India) Private Limited, buy the company report.
Financials of Satec Envir Engineering (India) Private Limited
FY 2025 filings availableSatec Envir Engineering (India) Private Limited reported revenue of ₹114.06 Cr (down 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 39% fall in the latest year. EBITDA fell 71% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹114.06 Cr | ||||
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| EBITDA | ₹25.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.54 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | ||||
| Net Profit Margin | 18.9% | ||||
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To see the full financial statements and ratios of Satec Envir Engineering (India) Private Limited, buy the company report.
Board of directors and KMP of Satec Envir Engineering (India) Private Limited
Satec Envir Engineering (India) Private Limited currently reports 2 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarprakash Mahavirprasad Agarwal | Director | 10 Dec 2002 | 23 Years 10 Months | Current |
| Bandu Babu Thik Also directs: Essa Aircons Ltd, Trans Fleet Limited | Director | 08 Nov 2014 | 11 Years 11 Months | Current |
| Prakash Baloo Chavan | Company Secretary | 03 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Satec Envir Engineering (India) Private Limited is audited by K P M R & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M R & CO | FY 2023 | 104497W |
Shareholding
The shareholding of Satec Envir Engineering (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satec Envir Engineering (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2014 | 10566645 | Bank of Maharashtra | ₹9.5 Cr | Open | |
| 30 Jun 2017 | 100109781 | Others | ₹4 Cr | Satisfied | |
| 22 Mar 2017 | 100089862 | Syndicate Bank | ₹35 Cr | Satisfied | |
| 30 Nov 2016 | 100063743 | Others | ₹2 Cr | Satisfied | |
| 03 Oct 2016 | 100053076 | Others | ₹24 Cr | Satisfied |
To see the full charge records of Satec Envir Engineering (India) Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Satec Envir Engineering (India) Private Limited has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹127.81 Cr; the latest was in March 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹59.36 Cr | Investors: GS Family Trust, 3 individuals |
| Oct 2020 | Funding round | ₹13.5 Cr | Investors: GS Family Trust |
| Mar 2017 | Secondary share transfer | Undisclosed | Seller: Micronet Real Estate Private Limited , Abbie Infraventures Private Limited , Trans Fleet Limited |
| Feb 2012 | Funding round | ₹15.69 Cr | Investors: Essa Aircons Ltd , Trans Fleet Limited , an individual |
| Mar 2009 | Funding round | ₹5.14 Cr | Investors: 3 individuals |
To see the full deal history of Satec Envir Engineering (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Satec Envir Engineering (India) Private Limited has 78 court cases on record: 18 filed by Satec Envir Engineering (India), 60 filed against it. 19 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 42 | 12 |
| High courts | 16 | 8 | 3 |
| NCLAT | 5 | 5 | 2 |
| NCLT | 4 | 4 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Transunion Cibil Ltd and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Godrej and Boyce Manufacturing Company Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Godrej and Boyce Manufacturing Company Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Godrej and Boyce Manufacturing Company Limited | Disposed |
| High Court | Writ petition | Filed against the company by Indian Oil Corporation Limited | Disposed |
To see the full case history of Satec Envir Engineering (India) 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 Satec Envir Engineering (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satec Envir Engineering (India) has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS0746E1ZL | Maharashtra | Active | 01 Jul 2017 |
| 24AACCS0746E1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satec Envir Engineering (India) Private Limited, buy the company report.
Recent activity
Satec Envir Engineering (India) Private Limited has 11 board changes on record since 2002: 7 appointments and 4 cessations. The latest: Prakash Baloo Chavan was appointed as Company Secretary on 03 Jun 2025.
29 earlier events are in the company report.
Frequently asked questions
Satec Envir Engineering (India) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 30 December 1991 (35+ years old) and is registered under CIN U29197MH1991PTC064661.
Satec Envir Engineering (India) has 3 current directors and KMP:
- Amarprakash Mahavirprasad Agarwal - Director
- Bandu Babu Thik - Director
- Prakash Baloo Chavan - Company Secretary
The latest financial statements of Satec Envir Engineering (India) 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 Satec Envir Engineering (India) is 27AACCS0746E1ZL, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AACCS0746E1ZR (Gujarat).
The CIN (Corporate Identification Number) of Satec Envir Engineering (India) is U29197MH1991PTC064661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satec Envir Engineering (India) has 78 court cases on record: 18 filed by the company and 60 filed against it. 19 are pending. Most are in the district courts.
Satec Envir Engineering (India) was incorporated on 30 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Satec Envir Engineering (India) has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹127.81 Cr; the latest was in March 2021.
Prakash Baloo Chavan was appointed as Company Secretary on 03 Jun 2025. Nikunj Haresh Gatecha ceased to be Company Secretary on 08 Feb 2019. Nikunj Haresh Gatecha was appointed as Company Secretary on 28 Jan 2019. Satec Envir Engineering (India) has 11 board changes on record in total.
Yes, Satec Envir Engineering (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0012214).