Sidhant Creations Private Limited
About Sidhant Creations Private Limited
Data last updated:
Sidhant Creations Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 07 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ2008PTC055180. The company has 1 GST registration on record, which is no longer active.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 ₹39.47 Lakh. It is led by directors Neetu Dhingra and Pradeep Kumar Dhingra.
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 P – 3807 – 08 Millenium Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.12 Cr (net margin 34.4%) and EBITDA of ₹6.26 Cr (EBITDA margin 35.3%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 26% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹63.21 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sidhant Creations Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressP – 3807 – 08 Millenium Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Sidhant Creations 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
Business activity
The main business activity of Sidhant Creations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sidhant Creations Private Limited, buy the company report.
Financials of Sidhant Creations Private Limited
FY 2022 filings availableSidhant Creations Private Limited reported revenue of ₹17.77 Cr (up 2442% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years. 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 | |||||
| Other Income | |||||
| Total Revenue | ₹17.77 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.12 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.3% | ||||
| Net Profit Margin | 34.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Sidhant Creations Private Limited, buy the company report.
Board of directors of Sidhant Creations Private Limited
Sidhant Creations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neetu Dhingra | Director | 07 Oct 2008 | 18 Years 1 Months | Current |
| Pradeep Kumar Dhingra | Director | 07 Oct 2008 | 18 Years 1 Months | Current |
Auditor
Sidhant Creations Private Limited is audited by KOTHARI KOTHARI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTHARI KOTHARI & CO | FY 2022 | 127099W |
Shareholding
The shareholding of Sidhant Creations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sidhant Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2017 | 100113392 | Others | ₹3 Cr | Satisfied | |
| 21 Oct 2016 | 100056382 | Others | ₹3 Cr | Satisfied | |
| 05 Jul 2016 | 100040384 | Others | ₹3 Cr | Satisfied | |
| 18 Feb 2016 | 10620572 | Bank of Baroda | ₹3 Cr | Satisfied | |
| 03 Nov 2015 | 10601019 | Bank of Baroda | ₹2 Cr | Satisfied |
To see the full charge records of Sidhant Creations Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Sidhant Creations Private Limited has 5 court cases on record: 1 filed by Sidhant Creations, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shriram City Union Finance Ltd | Disposed |
| High Court of Gujarat | Arbitration matter | Filed by the company against M/S Idfc First Bank Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd - Saurabh Shalikram Napit | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Aditya Birla Finance Ltd. | Disposed |
To see the full case history of Sidhant Creations 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.
Credit ratings & regulatory alerts
Sidhant Creations Private Limited was last rated by Care on 24 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Jun 2022 |
To see the full credit ratings and regulatory alerts of Sidhant Creations Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sidhant Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sidhant Creations Private Limited has a workforce of 40 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Sidhant Creations 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 Sidhant Creations Private Limited, buy the company report.
Recent activity
Sidhant Creations Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Sidhant Pradeep Dhingra ceased to be Managing Director on 23 Aug 2019.
20 earlier events are in the company report.
Frequently asked questions
Sidhant Creations is an active private limited company based in Surat, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 07 October 2008 (18+ years old) and is registered under CIN U17291GJ2008PTC055180.
Sidhant Creations has 2 current directors:
- Neetu Dhingra - Director
- Pradeep Kumar Dhingra - Director
The latest financial statements of Sidhant Creations 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 2015 are in the company report.
No. Sidhant Creations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sidhant Creations is U17291GJ2008PTC055180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sidhant Creations has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Sidhant Creations was incorporated on 07 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sidhant Pradeep Dhingra ceased to be Managing Director on 23 Aug 2019. Neetu Dhingra ceased to be Director on 13 Feb 2018. Pradeep Kumar Dhingra ceased to be Director on 02 Feb 2010. Sidhant Creations has 5 board changes on record in total.
The registered office of Sidhant Creations is at P – 3807 – 08 Millenium Textile Market Ring Road, Surat, Gujarat, India – 395002.
Sidhant Creations operates in the fashion and textile industry, in the traditional and ethnic wear segment.
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