Savatex Private Limited.
About Savatex Private Limited.
Data last updated:
Savatex Private Limited. is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 20 January 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1972PTC015565.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nari Dickey Chothia and Jehangir Homi Mehta.
Its last annual general meeting (AGM) was held on 16 June 2015, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mehta House79/91 Mumbai Char Samachar Marg Fort, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.45 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹2.46 Cr (net margin -169.9%) and EBITDA of -₹1.42 Cr (EBITDA margin -98.2%).
As per MCA filings, the company has satisfied charges of ₹1 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Savatex Private Limited.'s registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMehta House79/91 Mumbai Char Samachar Marg Fort, Maharashtra, India – 400001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Savatex 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
Financials of Savatex Private Limited.
FY 2016 filings availableSavatex Private Limited. reported revenue of ₹1.45 Cr (down 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 182% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.45 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.42 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.46 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -98.2% | |
| Net Profit Margin | -169.9% | |
| 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 Savatex Private Limited., buy the company report.
Board of directors of Savatex Private Limited.
Savatex Private Limited has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nari Dickey Chothia Also directs: Metropolis Metro Motors Private Limited, Homi Mehta and Sons Private Limited, Accelerant Ventures India LLP and 5 more | Director | 14 Sep 2003 | 23 Years 1 Months | Current |
| Jehangir Homi Mehta Also directs: Bramhastra Racing LLP, Metropolis Metro Motors Private Limited, Toy Watch India Private Limited and 5 more | Director | 12 Jul 2012 | 14 Years 3 Months | Current |
| Furrokh Russa Mehta Also directs: Homi Mehta and Sons Private Limited | Director | 12 Dec 1974 | 51 Years 10 Months | Current |
Peer comparison
Savatex Private Limited. is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Higher Highs Retail Private Limited | ₹1.46 Cr (FY 2024) | -8.0% | Mumbai, Maharashtra, India | |||
| Om Exim Private Limited | ₹1.46 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Crown Fabrics and Lace House Private Limited | ₹1.46 Cr (FY 2025) | -55.0% | Delhi, India | |||
| Etags Voice Info Private Limited | ₹1.45 Cr (FY 2025) | 72.0% | Kanpur, Uttar Pradesh, India | |||
| Shenall Exports Private Limited | ₹1.45 Cr (FY 2023) | -71.0% | Ahmedabad, Gujarat, India | |||
| Savatex Private Limited.this company | ₹1.45 Cr (FY 2016) | -₹2.46 Cr | -169.9% | -18.0% | Mumbai, Maharashtra, India | |
| Chindwara Mines Private Limited | ₹1.45 Cr (FY 2024) | -50.0% | New Delhi, Delhi, India | |||
| Moral Tradecom Private Limited | ₹1.45 Cr (FY 2024) | 70.0% | Kolkata, West Bengal, India | |||
| Jai Ambe Tradexim Private Limited | ₹1.45 Cr (FY 2024) | -79.0% | Delhi, India | |||
| Dotcom Home Fashions Private Limited | ₹1.44 Cr (FY 2021) | -60.0% | New Delhi, Delhi, India | |||
| Kanha Enterprises Private Limited | ₹1.44 Cr (FY 2025) | 174.0% | New Delhi, Delhi, India |
To see the full peer comparison of Savatex Private Limited., buy the company report.
Auditor
Savatex Private Limited. is audited by B K KHARE & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K KHARE & CO | FY 2016 | 105102W |
Shareholding
The shareholding of Savatex Private Limited. is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Savatex Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2014 | 10529464 | Rbs Financial Services (India) Private Limited | ₹1 Cr | Satisfied |
To see the full charge records of Savatex Private Limited., buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Savatex 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 Savatex Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Savatex Private Limited.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Savatex Private Limited. has 6 board changes on record since 1974: 4 appointments and 2 cessations. The latest: Dickey Dhunjisha Chothia ceased to be Director on 03 Jan 2017.
Frequently asked questions
Savatex Private Limited is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 20 January 1972 (54+ years old) and is registered under CIN U74999MH1972PTC015565.
Savatex Private Limited has 3 current directors:
- Nari Dickey Chothia - Director
- Jehangir Homi Mehta - Director
- Furrokh Russa Mehta - Director
The latest financial statements of Savatex Private Limited on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 16 June 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Savatex Private Limited is U74999MH1972PTC015565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savatex Private Limited was incorporated on 20 January 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Savatex Private Limited by revenue are Higher Highs Retail Private Limited, Om Exim Private Limited, Crown Fabrics and Lace House Private Limited, Etags Voice Info Private Limited, Shenall Exports Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Dickey Dhunjisha Chothia ceased to be Director on 03 Jan 2017. Jehangir Homi Mehta ceased to be Additional Director on 12 Sep 2012. Jehangir Homi Mehta was appointed as Director on 12 Jul 2012. Savatex Private Limited has 6 board changes on record in total.
The registered office of Savatex Private Limited is at Mehta House7991 Mumbai Char Samachar Marg Fort, Maharashtra, India – 400001.
Savatex Private Limited operates in the home and lifestyle industry, in the textile retail and distribution segment.
Savatex Private Limited has no open charges and satisfied charges of ₹1 Cr as per latest MCA filings.
The compliance status of Savatex Private Limited is active non-compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.
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