Savikar Plyboards Ltd
About Savikar Plyboards Ltd
Data last updated:
Savikar Plyboards Ltd was a public limited company based in Chandigarh, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 30 March 1993.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25191CH1993PLC013182. Its GSTIN is 04AAECS2197P1ZV (Chandigarh).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹15.05 Lakh. It was led by directors including Subhash Gupta and Uma Aggarwal.
Its last annual general meeting (AGM) was held on 20 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at SCO 43 Sector 7 C, Chandigarh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹91,942, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹50,518 (net margin 54.9%) and EBITDA of ₹56,018 (EBITDA margin 60.9%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 47% over five years.
As per MCA filings, the company has satisfied charges of ₹6.33 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 2 cases are pending.
Company details
CIN history
Savikar Plyboards has one previous CIN (Corporate Identification Number): L25191CH1993PLC013182. The current CIN is U25191CH1993PLC013182, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25191CH1993PLC013182 | Current |
| L25191CH1993PLC013182 | Previous |
Contact details
Savikar Plyboards Ltd's registered office is in Chandigarh, Chandigarh. Its e-mail address is in the company report.
- Email
- Registered AddressSCO 43 Sector 7 C, Chandigarh, India
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Savikar Plyboards Ltd, 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 Savikar Plyboards Ltd
FY 2024 filings availableSavikar Plyboards Ltd reported revenue of ₹91,942 (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 57% fall in the latest year. EBITDA fell 65% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹56,018 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50,518 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.9% | ||||
| Net Profit Margin | 54.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Savikar Plyboards Ltd, buy the company report.
Board of directors of Savikar Plyboards Ltd
Savikar Plyboards has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Gupta Also directs: Savikar Plyboards LLP, Palm Valley Lifestyle Private Limited | Director | 31 Mar 2018 | 8 Years 7 Months | As last reported |
| Lakshay Gupta | Additional Director | 10 Oct 2024 | 2 Years 0 Months | As last reported |
| Uma Aggarwal | Director | 23 Aug 2002 | 24 Years 2 Months | As last reported |
Auditor
Savikar Plyboards Ltd is audited by P K VASUDEVA & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K VASUDEVA & CO | FY 2015 | 000724N |
Shareholding
The shareholding of Savikar Plyboards Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Savikar Plyboards Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2011 | 10302736 | Canara Bank | ₹4 Cr | Satisfied | |
| 22 Oct 2008 | 10129096 | Canara Bank | ₹75 Lakh | Satisfied | |
| 25 Jan 2005 | 90183391 | Canara Bank | ₹25 Lakh | Satisfied | |
| 16 Jan 2004 | 90183187 | Canara Bank | ₹25 Lakh | Satisfied | |
| 29 Nov 2003 | 90180735 | Canara Bank | ₹12.82 Lakh | Satisfied |
To see the full charge records of Savikar Plyboards Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Savikar Plyboards Ltd has 9 court cases on record: 5 filed by Savikar Plyboards, 4 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 1 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Court case (RFA-COM) | Filed against the company by Ms Export Credit Guarantee Corporation of India Ltd and 2 others | Pending |
| District court, Chandigarh | Execution petition | Filed by the company against M/S Export Credit Guarantee Corporation of India Ltd. and 2 others | Pending |
| District court, Chandigarh | Civil suit | Filed by the company against M/S Export Credit Guarantee Corporation of India Ltd and 2 others | Disposed |
| District court, Chandigarh | Arbitration matter | Filed against the company by Capital First Ltd | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Indusind Bank Limited Thru Vice President Ip Singh | Disposed |
To see the full case history of Savikar Plyboards Ltd, 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 Savikar Plyboards Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Savikar Plyboards has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAECS2197P1ZV | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Savikar Plyboards Ltd, buy the company report.
Recent activity
Savikar Plyboards Ltd has 8 board changes on record since 2002: 3 appointments and 5 cessations. The latest: Lakshay Gupta was appointed as Additional Director on 10 Oct 2024.
17 earlier events are in the company report.
Frequently asked questions
Savikar Plyboards has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Savikar Plyboards was a public limited company based in Chandigarh, India. The company worked in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 30 March 1993 and is registered under CIN U25191CH1993PLC013182. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Savikar Plyboards is U25191CH1993PLC013182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savikar Plyboards had 3 directors:
- Subhash Gupta - Director
- Lakshay Gupta - Additional Director
- Uma Aggarwal - Director
Savikar Plyboards was incorporated on 30 March 1993. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Savikar Plyboards is at SCO 43 Sector 7 C, Chandigarh, India.
The latest financial statements of Savikar Plyboards on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Savikar Plyboards is 04AAECS2197P1ZV, registered in Chandigarh.
Savikar Plyboards operated in the consumer electronics and durables industry, in the furniture manufacturing segment.
Savikar Plyboards has 9 court cases on record: 5 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
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