- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0001635

About Satyam Composites Private Limited
Data last updated:
Satyam Composites Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31300GJ2012PTC069961. Its GSTIN is 24AARCS6088E1ZX (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Satyam Siddhpura Ghanshyambhai (Whole-Time Director) and Kiran Siddhpura Ghanshyam (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 505/6 GIDC Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.61 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 1.2%) and EBITDA of ₹3.03 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 25% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satyam Composites. As per MCA filings, the company has open charges of ₹1.82 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Satyam Composites Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0001635). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyamindia.net.
Company details
Recognitions & Rankings of Satyam Composites
Contact details
Satyam Composites Private Limited's registered office is in Vadodara, Gujarat. Its website is satyamindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address505/6 GIDC Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Satyam Composites 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
Satyam Composites operates one associated brand: Satyam Composites. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of FRP and GRP products for industrial applications. | satyamindia.net |
Business activity
The main business activity of Satyam Composites is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Satyam Composites Private Limited, buy the company report.
Financials of Satyam Composites Private Limited
FY 2025 filings availableSatyam Composites Private Limited reported revenue of ₹99.61 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 40% growth in the latest year. EBITDA rose 5% 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 | ₹99.61 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 3% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Satyam Composites Private Limited, buy the company report.
Board of directors of Satyam Composites Private Limited
Satyam Composites has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Ghanshyambhai Sidhpura | Director | 05 Mar 2021 | 5 Years 7 Months | Current |
| Sweta Satyam Sidhpura | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
| Satyam Siddhpura Ghanshyambhai | Whole-Time Director | 19 Apr 2012 | 14 Years 6 Months | Current |
| Kiran Siddhpura Ghanshyam | Whole-Time Director | 19 Apr 2012 | 14 Years 6 Months | Current |
| Rimpal Yash Sidhpura | Director | 01 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Satyam Composites Private Limited is audited by PRERAK P SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRERAK P SHAH & ASSOCIATES | FY 2022 | 132582W |
Shareholding
The shareholding of Satyam Composites Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satyam Composites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2022 | 100599521 | Others | ₹6.54 Lakh | Open | |
| 31 May 2021 | 100452685 | Others | ₹1.5 Cr | Open | |
| 19 Mar 2013 | 10566770 | Bank of Baroda | ₹25 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Satyam Composites Private Limited has 4 court cases on record: 2 filed by Satyam Composites, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Spig Cooling Towers India Pvt.Ltd. | Pending |
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed against the company by Spig Cooling Towers India Pvt. Ltd. Through Its Authorized Signatory Office 608, Palm Spring, Link Road Malad (W), 6Th Floor, Mumbai ,Mumbai , Maharashtra | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Spig Cooling Towers India Pvt. Ltd. Through Authorized Representative Mr. Gazanfar Mahmood | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Spig Cooling Towers India Pvt. Ltd. | Disposed |
To see the full case history of Satyam Composites 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 Satyam Composites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satyam Composites Private Limited has a workforce of 22 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Satyam Composites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS6088E1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satyam Composites Private Limited, buy the company report.
Recent activity
Satyam Composites Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Rimpal Yash Sidhpura was appointed as Director on 01 Feb 2025.
Frequently asked questions
Satyam Composites is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 April 2012 (14+ years old) and is registered under CIN U31300GJ2012PTC069961.
Satyam Composites has 5 current directors:
- Satyam Siddhpura Ghanshyambhai - Whole-Time Director
- Kiran Siddhpura Ghanshyam - Whole-Time Director
- Yash Ghanshyambhai Sidhpura - Director
- Sweta Satyam Sidhpura - Director
- Rimpal Yash Sidhpura - Director
The latest financial statements of Satyam Composites 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 Satyam Composites is 24AARCS6088E1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Satyam Composites is U31300GJ2012PTC069961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyam Composites has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Satyam Composites was incorporated on 19 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rimpal Yash Sidhpura was appointed as Director on 01 Feb 2025. Yash Ghanshyambhai Sidhpura was appointed as Director on 05 Mar 2021. Ghanshyam Siddhapura Laljibhai ceased to be Whole-Time Director on 17 Aug 2020. Satyam Composites has 6 board changes on record in total.
Yes, Satyam Composites is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0001635).
Satyam Composites can be reached through the website satyamindia.net. Its registered office is in Vadodara, Gujarat, India.

