Satellite Industries Private Limited
About Satellite Industries Private Limited
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Satellite Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2004PTC148558. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Durgadas Gawande and Amratbhai Rupabhai Jadav.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.61 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹29.36 Lakh (net margin 3.4%) and EBITDA of ₹39.68 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 57% over five years.
As per MCA filings, the company has satisfied charges of ₹42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Satellite Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 34A 2nd Floor Arsiwala Building Wode House Road Cola, Ba, Mumbai, Maharashtra, India – 400005
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Satellite Industries 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 Satellite Industries is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Satellite Industries Private Limited, buy the company report.
Financials of Satellite Industries Private Limited
FY 2025 filings availableSatellite Industries Private Limited reported revenue of ₹8.61 Cr (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA rose 350% 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 |
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| EBITDA | ₹39.68 Lakh | ||||
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| Net Profit (PAT) | ₹29.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Satellite Industries Private Limited, buy the company report.
Board of directors of Satellite Industries Private Limited
Satellite Industries has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgadas Gawande | Additional Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Amratbhai Rupabhai Jadav Also directs: Siddhi Cultivation Private Limited, Solid Vision Private Limited, Avazy Realcon Private Limited and 5 more | Additional Director | 09 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Satellite Industries Private Limited is audited by PRIYAVRAT & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRIYAVRAT & ASSOCIATES | FY 2017 | 165027 |
Shareholding
The shareholding of Satellite Industries Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Satellite Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2011 | 10282256 | Jammu & Kashmir Bank Limited | ₹2 Cr | Satisfied | |
| 30 Aug 2010 | 10245509 | Sicom Limited | ₹40 Cr | Satisfied |
To see the full charge records of Satellite Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Satellite Industries 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
No delayed payments to MSME suppliers are on our record for Satellite Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satellite Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Satellite Industries Private Limited, buy the company report.
Recent activity
Satellite Industries Private Limited has 14 board changes on record since 2011: 2 appointments and 12 cessations. The latest: Amratbhai Rupabhai Jadav was appointed as Additional Director on 09 Oct 2024.
9 earlier events are in the company report.
Frequently asked questions
Satellite Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 13 September 2004 (22+ years old) and is registered under CIN U74140MH2004PTC148558.
Satellite Industries has 2 current directors:
- Durgadas Gawande - Additional Director
- Amratbhai Rupabhai Jadav - Additional Director
The latest financial statements of Satellite Industries 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.
No. Satellite Industries has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Satellite Industries is U74140MH2004PTC148558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satellite Industries was incorporated on 13 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Amratbhai Rupabhai Jadav was appointed as Additional Director on 09 Oct 2024. Pawitter Singh ceased to be Additional Director on 09 Oct 2024. Ankur Manoharrao Kirpane ceased to be Additional Director on 19 Jun 2024. Satellite Industries has 14 board changes on record in total.
The registered office of Satellite Industries is at Unit No. 34A 2nd Floor Arsiwala Building Wode House Road Cola, Ba, Mumbai, Maharashtra, India – 400005.
Satellite Industries operates in the financial services industry, in the diversified financial services segment.
Satellite Industries has no open charges and satisfied charges of ₹42 Cr as per latest MCA filings.