MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0048159
Satellite Conveyors Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.53 Cr
▲ 7% YoY
Net profit · FY 2024
₹1.18 Cr
Net margin 3.4%
EBITDA · FY 2024
₹1.97 Cr
EBITDA margin 5.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.2 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹6 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
33
Provident fund records
About Satellite Conveyors Private Limited
Data last updated:
Satellite Conveyors Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1997PTC105905. Its GSTIN is 27AABCS6080J1Z4 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.2 Lakh. It is led by directors including Hiralal Mulji Mrug and Darshana Saurabh Kesaria.
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. R – 908 MIDC Ttc Industrial Area Rabale Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.53 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 3.4%) and EBITDA of ₹1.97 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 18% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satellite Conveyors. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹6 Cr on record.
Satellite Conveyors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0048159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satelliteconveyors.com.
Company details
CIN U29299MH1997PTC105905
Registration Number 105905
Incorporation Date 17 February 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0048159
Key People
Hiralal Mulji Mrug Director Darshana Saurabh Kesaria Director Rahul Jaisinh Thakker Director Recognitions & Rankings of Satellite Conveyors
Contact details
Satellite Conveyors Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is satelliteconveyors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. R – 908 MIDC Ttc Industrial Area Rabale Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400701
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Satellite Conveyors Private Limited, buy the company report.
Comprehensive company report
Satellite Conveyors 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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Brands
Satellite Conveyors operates one associated brand: Satellite Conveyors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Conveyor systems manufacturing and services for industrial applications in India. | satelliteconveyors.com |
Business activity
The main business activity of Satellite Conveyors 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 Satellite Conveyors Private Limited, buy the company report.
Financials of Satellite Conveyors Private Limited
FY 2025 filings availableSatellite Conveyors Private Limited reported revenue of ₹34.53 Cr (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹34.53 Cr ▲ 7%
Net profit · FY 2024
₹1.18 Cr margin 3.4%
EBITDA · FY 2024
₹1.97 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 33%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 57%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 7% growth in the latest year. EBITDA rose 92% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.18 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Satellite Conveyors Private Limited, buy the company report.
Board of directors of Satellite Conveyors Private Limited
Satellite Conveyors has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiralal Mulji Mrug | Director | 17 Feb 1997 | 29 Years 8 Months | Current |
| Darshana Saurabh Kesaria Also directs: Sure and Pure Agro Packaging Private Limited | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| Rahul Jaisinh Thakker | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
Auditor
Satellite Conveyors Private Limited is audited by SUBODH VORA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBODH VORA & CO. | FY 2023 | 125176W |
Shareholding
The shareholding of Satellite Conveyors Private 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 Satellite Conveyors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2021 | 100497980 | Others | ₹2 Cr | Open | |
| 14 Mar 2012 | 10402673 | The Saraswat Cooperative Bank Ltd. | ₹3 Cr | Satisfied | |
| 02 Nov 2010 | 10258965 | Others | ₹1 Cr | Satisfied | |
| 02 Nov 2010 | 10258969 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Satellite Conveyors Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Satellite Conveyors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Satellite Conveyors Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 61 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Euroflex Transmissions (India) Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Ultraplast Chainbelts Private Limited |
To see the full MSME payment records of Satellite Conveyors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Satellite Conveyors Private Limited has a workforce of 33 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
26.92%
GST
Satellite Conveyors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS6080J1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satellite Conveyors Private Limited, buy the company report.
Recent activity
Satellite Conveyors Private Limited has 7 board changes on record since 1997: 4 appointments and 3 cessations. The latest: Manorama Hiralal Mrug ceased to be Director on 29 May 2025.
AGM
Satellite Conveyors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Manorama Hiralal Mrug ceased to be Director.
Filing
Satellite Conveyors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100497980 was registered on 25 Oct 2021.
Charges
A charge registered on 02 Nov 2010 via Charge ID 10258969 with Others was fully satisfied on 01 Jan 2019.
Charges
A charge registered on 02 Nov 2010 via Charge ID 10258965 with Others was fully satisfied on 01 Jan 2019.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 02 Nov 2010 with Charge ID 10258965 was modified on 14 Mar 2017.
Charges
A charge registered on 14 Mar 2012 via Charge ID 10402673 with The Saraswat Cooperative Bank Ltd. was fully satisfied on 20 May 2016.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 02 Nov 2010 with Charge ID 10258969 was modified on 09 May 2016.
Ceased
Darshana Saurabh Kesaria ceased to be Additional Director.
Ceased
Rahul Jaisinh Thakker ceased to be Additional Director.
Appointed
Darshana Saurabh Kesaria was appointed as Director.
7 earlier events are in the company report.
Frequently asked questions
Satellite Conveyors is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 February 1997 (29+ years old) and is registered under CIN U29299MH1997PTC105905.
Satellite Conveyors has 3 current directors:
- Hiralal Mulji Mrug - Director
- Darshana Saurabh Kesaria - Director
- Rahul Jaisinh Thakker - Director
The latest financial statements of Satellite Conveyors 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 Satellite Conveyors is 27AABCS6080J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Satellite Conveyors is U29299MH1997PTC105905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satellite Conveyors was incorporated on 17 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Manorama Hiralal Mrug ceased to be Director on 29 May 2025. Darshana Saurabh Kesaria ceased to be Additional Director on 28 Sep 2012. Rahul Jaisinh Thakker ceased to be Additional Director on 28 Sep 2012. Satellite Conveyors has 7 board changes on record in total.
Yes, Satellite Conveyors is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0048159).
Satellite Conveyors has 6 MSME Form 1 returns on record between 2019 and 2021, listing 61 overdue payments to 38 micro and small suppliers. The latest return was filed on 25 Apr 2021.
Satellite Conveyors can be reached through the website satelliteconveyors.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Satellite Conveyors is at Plot No. R – 908 MIDC Ttc Industrial Area Rabale Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400701.
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