Savas Engineering Company Private Limited

Savas Engineering Company Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29197GJ1999PTC081203 Incorporated 05 August 1999 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹72.79 Cr
▲ 123% YoY
Net profit · FY 2025
₹12.02 Cr
Net margin 16.5%
EBITDA · FY 2025
₹16.21 Cr
EBITDA margin 22.3%
Authorised capital
₹47.05 Lakh
Registered with MCA
Paid-up capital
₹19.05 Lakh
Issued & subscribed
Open charges
₹7.5 Cr
Satisfied ₹7.26 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
18
Provident fund records

About Savas Engineering Company Private Limited

Data last updated:

Savas Engineering Company Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Transformers And Rectifiers (India) Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 August 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29197GJ1999PTC081203. Its GSTIN is 24AAJCS6950R1ZJ (Gujarat). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹47.05 Lakh and a paid-up capital of ₹19.05 Lakh. It is led by directors Mahendra Shambhulal Vyas and Aakanksha Satyen Mamtora.

Its last annual general meeting (AGM) was held on 12 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹72.79 Cr, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹12.02 Cr (net margin 16.5%) and EBITDA of ₹16.21 Cr (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 23% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹7.26 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.

Savas Engineering Company Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0069152). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website savas.co.in.

Company details

CIN U29197GJ1999PTC081203
Registration Number 081203
Incorporation Date 05 August 1999
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 May 2025
Date of Balance Sheet 31 March 2025
Parent Company Transformers And Rectifiers (India) Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0069152

CIN history

Savas Engineering Company has one previous CIN (Corporate Identification Number): U29197PN1999PTC013882. The current CIN is U29197GJ1999PTC081203, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29197GJ1999PTC081203Current
U29197PN1999PTC013882Previous
Key People
Sunil Shantilal Jain Ceo Mahendra Shambhulal Vyas Director Aakanksha Satyen Mamtora Director

Recognitions & Rankings of Savas Engineering Company

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0069152

Contact details

Savas Engineering Company Private Limited's registered office is in Ahmedabad, Gujarat. Its website is savas.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    savas.co.in
  • Social Media
  • Registered Address
    498/1 Radhe Industrial Estate Tajpur Road Village: Changodar Taluka:, Sanand, Ahmedabad, Gujarat, India – 382213
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Savas Engineering Company Private Limited, buy the company report.

Comprehensive company report
Savas Engineering Company 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Savas Engineering Company is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Savas Engineering Company Private Limited, buy the company report.

Financials of Savas Engineering Company Private Limited

FY 2025 filings available

Savas Engineering Company Private Limited reported revenue of ₹72.79 Cr (up 123% YoY) for FY 2025.

Revenue · FY 2025
₹72.79 Cr ▲ 123%
Net profit · FY 2025
₹12.02 Cr margin 16.5%
EBITDA · FY 2025
₹16.21 Cr margin 22.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 123%
3 years · compounded
▲ 26%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 770%
3 years · compounded
▲ 65%
5 years · compounded
▲ 63%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 123% growth in the latest year. EBITDA rose 770% 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₹72.79 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.21 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.02 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin22.3%
Net Profit Margin16.5%
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 Savas Engineering Company Private Limited, buy the company report.

Board of directors and KMP of Savas Engineering Company Private Limited

Savas Engineering Company Private Limited currently reports 2 directors and 1 key managerial person. 3 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Sunil Shantilal JainCeo02 Jul 201412 Years 4 MonthsCurrent
Mahendra Shambhulal Vyas
Also directs: Taril Infrastructure Limited, Transweld Mechanical Engineering Works Limited
Director30 Mar 20188 Years 7 MonthsCurrent
Aakanksha Satyen Mamtora
Also directs: Benchmark HR Solutions (India) LLP, Triveni Transtech (India) Private Limited, Transpares Limited
Director10 Jul 200422 Years 4 MonthsCurrent
View all directors and KMP

Auditor

Savas Engineering Company Private Limited is audited by D R THAKKAR AND CO. for the financial year 2025.

Auditor firmFinancial yearFirm registration number
D R THAKKAR AND CO.FY 2025110895W

Shareholding

The shareholding of Savas Engineering Company Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Savas Engineering Company Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.5 Cr
Satisfied charges
₹7.26 Cr
Breakdown by lending institutions
Others₹7.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 2024100905967Others₹7.5 CrOpen
15 Apr 200910156119Idbi Bank Limited₹7.26 CrSatisfied

To see the full charge records of Savas Engineering Company Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Savas Engineering Company Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 266 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)

SupplierAmount dueDue sinceReported on
an individual supplier
Technoquip Engineers Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Savas Engineering Company Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Savas Engineering Company Private Limited has a workforce of 18 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1

GST

Savas Engineering Company has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AAJCS6950R1ZJGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Savas Engineering Company Private Limited, buy the company report.

Recent activity

Savas Engineering Company Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Mahendra Shambhulal Vyas ceased to be Additional Director on 27 Sep 2018.

AGM
Savas Engineering Company Private Limited last Annual general meeting of members was held on 12 May 2025 as per latest MCA records.
Filing
Savas Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 15 Apr 2009 via Charge ID 10156119 with Idbi Bank Limited was fully satisfied on 18 Oct 2024.
Charges
A charge with Others of Rs. 750.00 Lakh registered on 29 Mar 2024 with Charge ID 100905967 was modified on 05 Aug 2024.
Charges
A charge with Others amounted to Rs. 750.00 Lakh with Charge ID 100905967 was registered on 29 Mar 2024.
Charges
A charge with Idbi Bank Limited of Rs. 726.48 Lakh registered on 15 Apr 2009 with Charge ID 10156119 was modified on 03 Feb 2021.
Ceased
Mahendra Shambhulal Vyas ceased to be Additional Director.
Ceased
Niki Dinesh Ghumra ceased to be Director.
Appointed
Mahendra Shambhulal Vyas was appointed as Director.
Ceased
Sunil Shantilal Jain ceased to be Director.
Appointed
Sunil Shantilal Jain was appointed as CEO.
Charges
A charge with Idbi Bank Limited amounted to Rs. 726.48 Lakh with Charge ID 10156119 was registered on 15 Apr 2009.

2 earlier events are in the company report.

Frequently asked questions

Savas Engineering Company is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 August 1999 (27+ years old) and is registered under CIN U29197GJ1999PTC081203.

Savas Engineering Company has 3 current directors and KMP:

The latest financial statements of Savas Engineering Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 May 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Savas Engineering Company is 24AAJCS6950R1ZJ, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Savas Engineering Company is U29197GJ1999PTC081203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Savas Engineering Company has 3 court cases on record: 3 filed against it.

Savas Engineering Company was incorporated on 05 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Mahendra Shambhulal Vyas ceased to be Additional Director on 27 Sep 2018. Niki Dinesh Ghumra ceased to be Director on 01 Apr 2018. Mahendra Shambhulal Vyas was appointed as Director on 30 Mar 2018. Savas Engineering Company has 6 board changes on record in total.

Yes, Savas Engineering Company is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0069152).

Savas Engineering Company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 266 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Aug 2023.

Savas Engineering Company can be reached through the website savas.co.in. Its registered office is in Ahmedabad, Gujarat, India.