Savytex Silk Mills Pvt Ltd
About Savytex Silk Mills Pvt Ltd
Data last updated:
Savytex Silk Mills Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1992PTC017075. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Savita Kapoor and Jyoti Kapoor Paul.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No 6/2 Dhanna Apartment Arihant Park Sumul Dairy Road, Surat, Gujarat, India – 395008.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.5 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Lakh (net margin 86.8%) and EBITDA of ₹2.31 Lakh (EBITDA margin 92.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 52% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹94 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Savytex Silk Mills Pvt Ltd's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 6/2 Dhanna Apartment Arihant Park Sumul Dairy Road, Surat, Gujarat, India – 395008
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Savytex Silk Mills Pvt 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 Savytex Silk Mills Pvt Ltd
FY 2024 filings availableSavytex Silk Mills Pvt Ltd reported revenue of ₹2.5 Lakh (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 47% fall in the latest year. EBITDA fell 38% 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 | ₹2.31 Lakh | ||||
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| Net Profit (PAT) | ₹2.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 92.3% | ||||
| Net Profit Margin | 86.8% | ||||
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To see the full financial statements and ratios of Savytex Silk Mills Pvt Ltd, buy the company report.
Board of directors of Savytex Silk Mills Pvt Ltd
Savytex Silk Mills 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 |
|---|---|---|---|---|
| Savita Kapoor | Director | 05 Jul 2007 | 19 Years 3 Months | Current |
| Jyoti Kapoor Paul | Director | 09 Sep 2015 | 11 Years 1 Months | Current |
| Poonam Kapoor Vij | Director | 20 Feb 1992 | 34 Years 8 Months | Current |
| Dua Mamta Kapoor Also directs: Tiarkay Silk Traders Private Limited, T.R.Kapoor Private Limited | Director | 09 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Savytex Silk Mills Pvt Ltd is audited by M S CHOKSI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S CHOKSI & CO. | FY 2022 | 0101885W |
Shareholding
The shareholding of Savytex Silk Mills Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Savytex Silk Mills Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 1998 | 80028764 | State Bank of Hyderabad | ₹47 Lakh | Satisfied | |
| 28 Aug 1998 | 90101870 | State Bank of Hyderabad | ₹47 Lakh | Satisfied |
To see the full charge records of Savytex Silk Mills Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Savytex Silk Mills Pvt Ltd 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
Savytex Silk Mills Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Savytex Silk Mills Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Savytex Silk Mills Pvt Ltd has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Savytex Silk Mills has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Savytex Silk Mills Pvt Ltd, buy the company report.
Recent activity
Savytex Silk Mills Pvt Ltd has 8 board changes on record since 1992: 4 appointments and 4 cessations. The latest: Tilak Raj Kapoor ceased to be Director on 29 Jan 2020.
5 earlier events are in the company report.
Frequently asked questions
Savytex Silk Mills is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 February 1992 (34+ years old) and is registered under CIN U17119GJ1992PTC017075.
Savytex Silk Mills has 4 current directors:
- Savita Kapoor - Director
- Jyoti Kapoor Paul - Director
- Poonam Kapoor Vij - Director
- Dua Mamta Kapoor - Director
The latest financial statements of Savytex Silk Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Savytex Silk Mills has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Savytex Silk Mills is U17119GJ1992PTC017075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savytex Silk Mills was incorporated on 20 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tilak Raj Kapoor ceased to be Director on 29 Jan 2020. Dua Mamta Kapoor ceased to be Additional Director on 30 Sep 2015. Jyoti Kapoor Paul ceased to be Additional Director on 30 Sep 2015. Savytex Silk Mills has 8 board changes on record in total.
Savytex Silk Mills has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 28 Aug 2020.
The registered office of Savytex Silk Mills is at Flat No 62 Dhanna Apartment Arihant Park Sumul Dairy Road, Surat, Gujarat, India – 395008.
Savytex Silk Mills operates in the manufacturing industry, in the textile and fabric production segment.
Savytex Silk Mills has no open charges and satisfied charges of ₹94 Lakh as per latest MCA filings.
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