Satyam Mats Limited

Satyam Mats Limited - consumer goods in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
CIN U24211MH1998PLC115379 Incorporated 17 June 1998 ROC Mumbai HQ Aurangabad, Maharashtra, India
Active Public Limited Company consumer goods MSME · Micro
Data last updated
Revenue · FY 2025
₹2.16 Cr
▲ 163% YoY
Net profit · FY 2025
₹23.4 Lakh
Net margin 10.9%
EBITDA · FY 2025
₹52.8 Lakh
EBITDA margin 24.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹13.96 Cr
Satisfied ₹33.81 Cr
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings

About Satyam Mats Limited

Data last updated:

Satyam Mats Limited is a public limited company based in Aurangabad, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 17 June 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24211MH1998PLC115379. Its GSTIN is 27AAECS3355H1ZA (Maharashtra).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Satyanarayan Madanlal Chandak (Managing Director) and Atul Satyanarayan Chandak.

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 Shardanand Opptelephoneexchange Ajab Nagar, Aurangabad, Maharashtra, India – 431001.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.4 Lakh (net margin 10.9%) and EBITDA of ₹52.8 Lakh (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 2% over five years.

As per MCA filings, the company has open charges of ₹13.96 Cr and satisfied charges of ₹33.81 Cr on record. Court records list 33 cases involving the company, including 10 filed by the company and 23 filed against it.

Satyam Mats Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0020767). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24211MH1998PLC115379
Registration Number 115379
Incorporation Date 17 June 1998
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 Micro
Udyam Registration UDYAM-MH-04-0020767

CIN history

Satyam Mats has one previous CIN (Corporate Identification Number): L24211MH1998PLC115379. The current CIN is U24211MH1998PLC115379, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24211MH1998PLC115379Current
L24211MH1998PLC115379Previous
Key People
Satyanarayan Madanlal Chandak Managing Director Atul Satyanarayan Chandak Director Nakul Satyanarayan Chandak Director

Recognitions & Rankings of Satyam Mats

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-04-0020767

Contact details

Satyam Mats Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Shardanand Opptelephoneexchange Ajab Nagar, Aurangabad, Maharashtra, India – 431001
  • Industry
    Consumer Goods, Home Furnishings Manufacturing

To see the full contact details of Satyam Mats Limited, buy the company report.

Comprehensive company report
Satyam Mats 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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Business activity

The main business activity of Satyam Mats is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Satyam Mats Limited, buy the company report.

Financials of Satyam Mats Limited

FY 2025 filings available

Satyam Mats Limited reported revenue of ₹2.16 Cr (up 163% YoY) for FY 2025.

Revenue · FY 2025
₹2.16 Cr ▲ 163%
Net profit · FY 2025
₹23.4 Lakh margin 10.9%
EBITDA · FY 2025
₹52.8 Lakh margin 24.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 163%
3 years · compounded
▲ 35%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 42%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 163% growth in the latest year. EBITDA rose 58% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹52.8 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.4 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin24.5%
Net Profit Margin10.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Satyam Mats Limited, buy the company report.

Board of directors of Satyam Mats Limited

Satyam Mats has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Atul Satyanarayan Chandak
Also directs: Satyam Polywovens LLP, Satyam Biofertilizers Private Limited, Satyam Polymats Private Limited and 2 more
Director03 Mar 201511 Years 8 MonthsCurrent
Satyanarayan Madanlal Chandak
Also directs: SML Advance Systems LLP, Satyam Polywovens LLP, Shubhkamna Gharkul LLP and 5 more
Managing Director13 Jan 200323 Years 9 MonthsCurrent
Nakul Satyanarayan Chandak
Also directs: Shubhkamna Gharkul LLP, Mangal Life Care Private Limited, Mangal Medi-Centre and 3 more
Director02 Dec 199926 Years 11 MonthsCurrent
View all directors

Auditor

Satyam Mats Limited is audited by M K R S & ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M K R S & ASSOCIATES LLPFY 2023104857W/W100216

Shareholding

The shareholding of Satyam Mats 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Satyam Mats Limited, buy the company report.

Charges & borrowings

Open charges
₹13.96 Cr
Satisfied charges
₹33.81 Cr
Breakdown by lending institutions
State Bank of India₹8.96 Cr
Others₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jan 2024100880796Others₹1.25 CrOpen
20 Jan 2024100880794Others₹3.75 CrOpen
29 Nov 2019100309704State Bank of India₹8.96 CrOpen
22 Jan 2018100191654Others₹1.1 CrSatisfied
06 Feb 201510552426State Bank of India₹3.75 CrSatisfied

To see the full charge records of Satyam Mats Limited, buy the company report.

Total charge records: 21 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Satyam Mats Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Satyam Mats Limited has 1 active EPFO establishment as of Oct 09, 2025.

Active EPFO establishments
1

GST

Satyam Mats has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECS3355H1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Satyam Mats Limited, buy the company report.

Recent activity

Satyam Mats Limited has 11 board changes on record since 1999: 3 appointments and 8 cessations. The latest: Atul Satyanarayan Chandak ceased to be Additional Director on 30 Sep 2015.

AGM
Satyam Mats Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Satyam Mats 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. 1.25 Cr with Charge ID 100880796 was registered on 20 Jan 2024.
Charges
A charge with Others amounted to Rs. 3.75 Cr with Charge ID 100880794 was registered on 20 Jan 2024.
Charges
A charge with State Bank Of India of Rs. 8.96 Cr registered on 29 Nov 2019 with Charge ID 100309704 was modified on 14 Oct 2021.
Charges
A charge registered on 22 Jan 2018 via Charge ID 100191654 with Others was fully satisfied on 09 Sep 2020.
Charges
A charge with State Bank Of India amounted to Rs. 8.96 Cr with Charge ID 100309704 was registered on 29 Nov 2019.
Charges
A charge registered on 06 Feb 2015 via Charge ID 10552426 with State Bank Of India was fully satisfied on 27 Apr 2018.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 100191654 was registered on 22 Jan 2018.
Ceased
Atul Satyanarayan Chandak ceased to be Additional Director.
Charges
A charge registered on 25 Apr 2010 via Charge ID 10224805 with State Bank Of India was fully satisfied on 31 Jul 2015.
Charges
A charge registered on 28 Mar 2006 via Charge ID 80002919 with State Bank Of India was fully satisfied on 31 Jul 2015.

46 earlier events are in the company report.

Frequently asked questions

Satyam Mats is an active public limited company based in Aurangabad, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 17 June 1998 (28+ years old) and is registered under CIN U24211MH1998PLC115379.

Satyam Mats has 3 current directors:

The latest financial statements of Satyam Mats 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 Mats is 27AAECS3355H1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Satyam Mats is U24211MH1998PLC115379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Satyam Mats has 33 court cases on record: 10 filed by the company and 23 filed against it. Most are in the district courts.

Satyam Mats was incorporated on 17 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Atul Satyanarayan Chandak ceased to be Additional Director on 30 Sep 2015. Atul Satyanarayan Chandak was appointed as Director on 03 Mar 2015. Bhagirath Madanlal Chandak ceased to be Director on 03 Mar 2015. Satyam Mats has 11 board changes on record in total.

Yes, Satyam Mats is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-04-0020767).

The registered office of Satyam Mats is at Shardanand Opptelephoneexchange Ajab Nagar, Aurangabad, Maharashtra, India – 431001.