MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TN-02-0062447
Schimag Services Private Limited - business services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.71 Cr
▲ 124% YoY
Net profit · FY 2022
₹17.02 Lakh
Net margin 3.6%
EBITDA · FY 2022
₹22.5 Lakh
EBITDA margin 4.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹35 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
11
Provident fund records
About Schimag Services Private Limited
Data last updated:
Schimag Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the facility management segment of the business services sector. It was incorporated on 13 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC120813. Its GSTIN is 33AAZCS8315A1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sriramulu Prakash and Prakash Vani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.9 1st Floor Abdul Razak 2nd Street Saidapet, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.71 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹17.02 Lakh (net margin 3.6%) and EBITDA of ₹22.5 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Schimag. As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 14 cases involving the company, including 14 filed against it; 11 cases are pending.
Schimag Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0062447). For more details, the company can be reached via its website schimag.com.
Company details
CIN U74999TN2018PTC120813
Registration Number 120813
Incorporation Date 13 February 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0062447
Key People
Sriramulu Prakash Director Prakash Vani Director Recognitions & Rankings of Schimag Services
Contact details
Schimag Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is schimag.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.9 1st Floor Abdul Razak 2nd Street Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryBusiness Services, Facility Management
To see the full contact details of Schimag Services Private Limited, buy the company report.
Comprehensive company report
Schimag Services 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
Brands
Schimag Services operates one associated brand: SCHIMAG. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive home maintenance, renovation, and cleaning services for residential needs. | schimag.com |
Business activity
The main business activity of Schimag Services is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Schimag Services Private Limited, buy the company report.
Financials of Schimag Services Private Limited
FY 2022 filings availableSchimag Services Private Limited reported revenue of ₹4.71 Cr (up 124% YoY) for FY 2022.
Revenue · FY 2022
₹4.71 Cr ▲ 124%
Net profit · FY 2022
₹17.02 Lakh margin 3.6%
EBITDA · FY 2022
₹22.5 Lakh margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 124%
3 years · compounded
▲ 90%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 80%
Revenue has grown at a compounded annual rate (CAGR) of 90% over three years, including 124% growth in the latest year. EBITDA rose 51% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.71 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Schimag Services Private Limited, buy the company report.
Board of directors of Schimag Services Private Limited
Schimag Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriramulu Prakash | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
| Prakash Vani | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Schimag Services Private Limited is audited by AASHISH D & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AASHISH D & CO | FY 2022 | 021181S |
Shareholding
The shareholding of Schimag Services Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Schimag Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2021 | 100516901 | Others | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Schimag Services Private Limited has 14 court cases on record: 14 filed against it. 11 cases are pending and 3 are disposed.
Total cases
14
Filed against the company
14
Pending
11
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 11 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Cholamandalam Investment and Finance Company Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Aditya Birla Finance Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Protium Finance Limited | Pending |
To see the full case history of Schimag Services Private Limited, 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 Schimag Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Schimag Services Private Limited has a workforce of 11 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-94.3%
GST
Schimag Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAZCS8315A1Z8 | Tamil Nadu | Active | 23 Feb 2018 |
To see the full GST registrations and return filing status of Schimag Services Private Limited, buy the company report.
Recent activity
Schimag Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Prakash Vani was appointed as Director on 13 Feb 2018.
AGM
Schimag Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Schimag Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100516901 was registered on 17 Nov 2021.
Appointed
Prakash Vani was appointed as Director.
Appointed
Sriramulu Prakash was appointed as Director.
Incorporation
13 Feb 2018
Schimag Services Private Limited was registered on 13 Feb 2018 with Roc Chennai & aged 8 years 8 months as per MCA records.
Frequently asked questions
Schimag Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in facility management, within the business services industry. It was incorporated on 13 February 2018 (8+ years old) and is registered under CIN U74999TN2018PTC120813.
Schimag Services has 2 current directors:
- Sriramulu Prakash - Director
- Prakash Vani - Director
The latest financial statements of Schimag Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Schimag Services is 33AAZCS8315A1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Schimag Services is U74999TN2018PTC120813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Schimag Services has 14 court cases on record: 14 filed against it. 11 are pending.
Schimag Services was incorporated on 13 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Prakash Vani was appointed as Director on 13 Feb 2018. Sriramulu Prakash was appointed as Director on 13 Feb 2018.
Yes, Schimag Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0062447).
Schimag Services can be reached through the website schimag.com. Its registered office is in Chennai, Tamil Nadu, India.