About Saurashtra Enviro Projects Private Limited
Data last updated:
Saurashtra Enviro Projects Private Limited is a private limited company based in Gujarat, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 07 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2006PTC047689. Its GSTIN is 24AACCV1967G1ZB (Gujarat). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Vams Biofuel Farm Private Limited. It is led by directors including Hiral Parimal Desai (Person Incharge) and Chetan Chandrakantbhai Contractor.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor K. G Chambers Udhnadarwaja Ring Road Surat 395 002, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹282.63 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.81 Cr (net margin 1.3%) and EBITDA of ₹60.14 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 17% over five years.
The company has about 122 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹331.41 Cr and satisfied charges of ₹382.1 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 5 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹74 Lakh; the latest was in July 2008. Its 10 peer companies in the Cleantech industry (Water and Wastewater Treatment) are compared by revenue, 5 larger and 5 smaller; the largest is GBC Infrastructure Private Limited with revenue of ₹376.14 Cr. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 9 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website detoxgroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor K. G Chambers Udhnadarwaja Ring Road Surat 395 002, Gujarat, India
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Saurashtra Enviro Projects Private Limited
The main business activity of Saurashtra Enviro Projects is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saurashtra Enviro Projects Private Limited FY 2024 filings available
Saurashtra Enviro Projects Private Limited reported revenue of ₹282.63 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saurashtra Enviro Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 14% growth in the latest year. EBITDA rose 4% 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 of Saurashtra Enviro Projects Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹60.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.81 Cr | •••• | •••• | •••• | •••• |
| 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 of Saurashtra Enviro Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saurashtra Enviro Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GBC Infrastructure Private Limited | ₹376.14 Cr (FY 2024) | •••• | •••• | 81.0% | •••• | Kolkata, West Bengal, India |
| Suez Ultrafor Private Limited | ₹368.75 Cr (FY 2025) | •••• | •••• | 168.0% | •••• | Delhi, India |
| Gradiant India Private Limited | ₹368.46 Cr (FY 2025) | •••• | •••• | 134.0% | •••• | Chennai, Tamil Nadu, India |
| Adani Water Limited | ₹345.69 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| RPW Projects Private Limited | ₹324.54 Cr (FY 2018) | •••• | •••• | 552.0% | •••• | Mumbai, Maharashtra, India |
| Saurashtra Enviro Projects Private Limited this company | ₹282.63 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gujarat, India |
| Orange City Water Private Limited | ₹280.88 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Nagpur, Maharashtra, India |
| Arvind Envisol Limited | ₹271.28 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ahmedabad, Gujarat, India |
| Desire Energy Solutions Private Limited | ₹262.69 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Dausa, Rajasthan, India |
| HNB Engineers Private Limited | ₹244.02 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Chembond Water Technologies Limited | ₹234.19 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Saurashtra Enviro Projects by revenue in the Cleantech industry (Water and Wastewater Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects Private Limited is audited by SHAH DHAVAL R & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH DHAVAL R & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Parimal Desai Also directs: DG India Renewables LLP, Safe Enviro Private Limited, Detox India Private Limited and 5 more | Person Incharge | 12 Mar 2012 | 14 Years 6 Months | Current |
| Chetan Chandrakantbhai Contractor Also directs: DG India Renewables LLP, Brackish Water Aquaculture Private Limited, Artha Samriddhi Ventures Private Limited and 5 more | Director | 07 Feb 2006 | 20 Years 8 Months | Current |
| Varoon Chetanbhai Contractor Also directs: Detox Corporation Private Limited, Indigo Sea Ways Private Limited | Director | 10 Mar 2012 | 14 Years 7 Months | Current |
| Shaila Chetan Contractor | Director | 07 Feb 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Saurashtra Enviro Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saurashtra Enviro Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2025 | Others | ₹30 Lakh | Open |
| 26 Jun 2025 | Axis Bank Limited | ₹39 Cr | Open |
| 17 Apr 2025 | Hdfc Bank Limited | ₹28 Cr | Open |
| 14 Aug 2024 | Axis Bank Limited | ₹60 Cr | Open |
| 25 Jan 2024 | Axis Bank Limited | ₹7 Cr | Open |
Total charge records: 34 View all charges
Deals & Funding of Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹74 Lakh; the latest was in July 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2008 | Funding round | ₹74 Lakh | Investors: Detox Corporation Private Limited , 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects Private Limited has 9 court cases on record: 3 filed by Saurashtra Enviro Projects, 5 filed against it, 1 where it is another party. 2 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 2 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 1 | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 2 | Pending |
| High Court of Rajasthan | Court case (CSTAY) | Filed by the company against Cetp Foundation Public Limited | Disposed |
| High Court of Rajasthan | Appeal | Filed by the company against Cetp Foundation Public Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 9 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pollucon Laboratories Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Sep Logistics | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects Private Limited has a workforce of 122 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Indigo Sea Ways Private Limited | U61100GJ2012PTC070997 | Locked |
| Saurashtra Water Project (Jamnagar) Private Limited | U90000GJ2020PTC112757 | Locked |
| Detox Water Private Limited | U90009GJ2020PTC112694 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects Private Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Kishor Mahendra Vyas ceased to be Director on 30 Dec 2015.
60 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Saurashtra Enviro Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saurashtra Enviro Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV1967G1ZB | Gujarat | Active | 01 Jul 2017 |
| 19AACCV1967G1Z2 | West Bengal | Active | 01 Jul 2017 |
| 27AACCV1967G1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 23AACCV1967G1ZD | Madhya Pradesh | Active | 07 Mar 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saurashtra Enviro Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saurashtra Enviro Projects Private Limited
Saurashtra Enviro Projects is an active private limited company based in Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 07 February 2006 (20+ years old) and is registered under CIN U51100GJ2006PTC047689.
Saurashtra Enviro Projects reported revenue of ₹282.63 Cr for FY 2025 (up 14% YoY).
Saurashtra Enviro Projects has 4 current directors:
- Chetan Chandrakantbhai Contractor - Director
- Varoon Chetanbhai Contractor - Director
- Shaila Chetan Contractor - Director
- Hiral Parimal Desai - Person Incharge
Saurashtra Enviro Projects reported a net profit of ₹3.81 Cr (net margin 1.3%) and EBITDA of ₹60.14 Cr (EBITDA margin 21.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saurashtra Enviro Projects is 12% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saurashtra Enviro Projects is 24AACCV1967G1ZB, registered in Gujarat. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 19AACCV1967G1Z2 (West Bengal), 27AACCV1967G1Z5 (Maharashtra), 23AACCV1967G1ZD (Madhya Pradesh).
The CIN (Corporate Identification Number) of Saurashtra Enviro Projects is U51100GJ2006PTC047689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saurashtra Enviro Projects has 9 court cases on record: 3 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Saurashtra Enviro Projects was incorporated on 07 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Saurashtra Enviro Projects has 1 deal on record (1 funding round), with disclosed funding of ₹74 Lakh; the latest was in July 2008.
The peers of Saurashtra Enviro Projects by revenue are GBC Infrastructure Private Limited, Suez Ultrafor Private Limited, Gradiant India Private Limited, Adani Water Limited, RPW Projects Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Kishor Mahendra Vyas ceased to be Director on 30 Dec 2015. Venkata Velagalachini Reddy ceased to be Director on 30 Dec 2015. Hiral Parimal Desai was appointed as Person Incharge on 12 Mar 2012. Saurashtra Enviro Projects has 7 board changes on record in total.