About Sidmet Steels Private Limited
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Sidmet Steels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02710KA1992PTC013177. Its GSTIN is 29AABCS6985L1ZI (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Jayachandra Nagappa Kini and Sudha Jayachandra Kini.
Its last annual general meeting (AGM) was held on 13 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 309 Embassy Centre No. 11 Crescent Road Bangalore., Karnataka, India – 560002.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.56 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹10.85 Lakh (net margin -58.4%) and EBITDA of -₹10.73 Lakh (EBITDA margin -57.8%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunanco.com.
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- Website
- Social MediaLocked
- Registered Address309 Embassy Centre No. 11 Crescent Road Bangalore., Karnataka, India – 560002
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Sidmet Steels Private Limited
The main business activity of Sidmet Steels is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sidmet Steels Private Limited FY 2025 filings available
Sidmet Steels Private Limited reported revenue of ₹18.56 Lakh (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sidmet Steels Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 46% fall 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 of Sidmet Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹10.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.85 Lakh | •••• | •••• | •••• | •••• |
| 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 of Sidmet Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -57.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -58.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sidmet Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sidmet Steels Private Limited
Sidmet Steels Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharti Exploration Private Limited | ₹18.58 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Vadodara, Gujarat, India |
| BHS Consultants Private Limited | ₹18.58 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Servcon Consultancy Services Private Limited | ₹18.57 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Paperboat Labs Private Limited | ₹18.57 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Bhubaneswar, Odisha, India |
| Matrubhoomi Business Services Private Limited | ₹18.57 Lakh (FY 2020) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Sidmet Steels Private Limited this company | ₹18.56 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Ranzon Solutions Private Limited | ₹18.56 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Jaipur, Rajasthan, India |
| Arotic Visa Private Limited | ₹18.55 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | New Delhi, Delhi, India |
| R R Tax Consultants Private Limited | ₹18.55 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Envirolux Consulting Services Private Limited | ₹18.55 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Janavi Mercantiles Private Limited | ₹18.55 Lakh (FY 2025) | •••• | •••• | 76376.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Sidmet Steels by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sidmet Steels Private Limited
Sidmet Steels Private Limited is audited by P V PRABHU & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P V PRABHU & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sidmet Steels Private Limited
Sidmet Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayachandra Nagappa Kini | Director | 22 May 1992 | 34 Years 4 Months | Current |
| Sudha Jayachandra Kini | Director | 22 May 1992 | 34 Years 4 Months | Current |
Ownership and Shareholding of Sidmet Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sidmet Steels Private Limited
Sidmet Steels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sidmet Steels Private Limited
Employment history and EPFO contributions of people linked to Sidmet Steels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sidmet Steels Private Limited
Sidmet Steels Private Limited has 2 board changes on record since 1992: 2 appointments. The latest: Jayachandra Nagappa Kini was appointed as Director on 22 May 1992.
Credit Ratings, Litigation & Regulatory Alerts for Sidmet Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sidmet Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sidmet Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sidmet Steels Private Limited
Sidmet Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS6985L1ZI | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sidmet Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sidmet Steels Private Limited
Sidmet Steels is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 May 1992 (34+ years old) and is registered under CIN U02710KA1992PTC013177.
Sidmet Steels reported revenue of ₹18.56 Lakh for FY 2024 (down 46% YoY).
Sidmet Steels has 2 current directors:
- Jayachandra Nagappa Kini - Director
- Sudha Jayachandra Kini - Director
Sidmet Steels reported a net loss of ₹10.85 Lakh (net margin -58.4%) and EBITDA of -₹10.73 Lakh (EBITDA margin -57.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sidmet Steels is -41% over three years and -35% over five years. In the latest year (FY 2024) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sidmet Steels is 29AABCS6985L1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Sidmet Steels is U02710KA1992PTC013177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sidmet Steels was incorporated on 22 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sidmet Steels by revenue are Bharti Exploration Private Limited, BHS Consultants Private Limited, Servcon Consultancy Services Private Limited, Paperboat Labs Private Limited, Matrubhoomi Business Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Jayachandra Nagappa Kini was appointed as Director on 22 May 1992. Sudha Jayachandra Kini was appointed as Director on 22 May 1992.
Sidmet Steels can be reached through the website sunanco.com. Its registered office is in Bangalore, Karnataka, India.