- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0070207

About Sigma Cranes and Hoists Private Limited
Data last updated:
Sigma Cranes and Hoists Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27101KA1981PTC004532. Its GSTIN is 29AACCS8774J1ZM (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.85 Lakh. It was formerly known as Sigma Hoist Co Private Limited. It is led by directors Parthasarathy Naveen (Managing Director) and Srinivas Sudhir (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 33/6 Kadabagere Dasanapura Hobli Kadabagere Cross Magadi Road, Bengaluru, Karnataka, India – 562130.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.37 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹41.23 Lakh (net margin 4%) and EBITDA of ₹73.51 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 11% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.24 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Sigma Cranes and Hoists Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070207). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sigmahoist.com.
Company details
Recognitions & Rankings of Sigma Cranes and Hoists
Contact details
Sigma Cranes and Hoists Private Limited's registered office is in Bengaluru, Karnataka. Its website is sigmahoist.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSurvey No. 33/6 Kadabagere Dasanapura Hobli Kadabagere Cross Magadi Road, Bengaluru, Karnataka, India – 562130
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Sigma Cranes and Hoists 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 Sigma Cranes and Hoists is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sigma Cranes and Hoists Private Limited, buy the company report.
Financials of Sigma Cranes and Hoists Private Limited
FY 2025 filings availableSigma Cranes and Hoists Private Limited reported revenue of ₹10.37 Cr (up 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 60% growth in the latest year. EBITDA rose 92% 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 |
|---|---|---|---|---|---|
| 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 | ₹73.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.23 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of Sigma Cranes and Hoists Private Limited, buy the company report.
Board of directors of Sigma Cranes and Hoists Private Limited
Sigma Cranes and Hoists has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthasarathy Naveen | Managing Director | 27 Jun 2002 | 24 Years 4 Months | Current |
| Srinivas Sudhir | Whole-Time Director | 27 Jun 2002 | 24 Years 4 Months | Current |
Peer comparison
Sigma Cranes and Hoists Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ag Conveying Systems Private Limited | ₹10.39 Cr (FY 2016) | 54.0% | Pune, Maharashtra, India | |||
| Sigma Cranes and Hoists Private Limitedthis company | ₹10.37 Cr (FY 2024) | ₹41.23 Lakh | 4% | 60.0% | 18 | Bengaluru, Karnataka, India |
| Master Automation and Robotics Private Limited | ₹10.14 Cr (FY 2024) | 103.0% | Pune, Maharashtra, India | |||
| Unosafe Elevator Private Limited | ₹10.09 Cr (FY 2025) | 51.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sigma Cranes and Hoists Private Limited, buy the company report.
Auditor
Sigma Cranes and Hoists Private Limited is audited by K.G.SATHISH of EESH AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.G.SATHISH of EESH AND CO | FY 2022 | 020011 |
Shareholding
The shareholding of Sigma Cranes and Hoists Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sigma Cranes and Hoists Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2025 | 101082938 | State Bank of India | ₹2.5 Cr | Open | |
| 17 Mar 2004 | 90195771 | State Bank of India | ₹10 Lakh | Open | |
| 30 Sep 2002 | 90194418 | Sundaram Auto Finance Ltd. | ₹5.98 Lakh | Open | |
| 03 Jun 2002 | 90195631 | State Bank of India | ₹6 Lakh | Open | |
| 23 Dec 1994 | 90195214 | State Bank of India | ₹2.95 Lakh | Open |
To see the full charge records of Sigma Cranes and Hoists Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sigma Cranes and Hoists Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Sigma Cranes and Hoists 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 Sigma Cranes and Hoists Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sigma Cranes and Hoists Private Limited has a workforce of 18 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Sigma Cranes and Hoists has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS8774J1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sigma Cranes and Hoists Private Limited, buy the company report.
Recent activity
Sigma Cranes and Hoists Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Parthasarathy Naveen was appointed as Managing Director on 27 Jun 2002.
1 earlier event is in the company report.
Frequently asked questions
Sigma Cranes and Hoists is an active private limited company based in Bengaluru, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 09 December 1981 (45+ years old) and is registered under CIN U27101KA1981PTC004532.
Sigma Cranes and Hoists has 2 current directors:
- Parthasarathy Naveen - Managing Director
- Srinivas Sudhir - Whole-Time Director
The latest financial statements of Sigma Cranes and Hoists on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sigma Cranes and Hoists is 29AACCS8774J1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Sigma Cranes and Hoists is U27101KA1981PTC004532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sigma Cranes and Hoists has 1 court case on record: 1 filed against it. 1 is pending.
Sigma Cranes and Hoists was incorporated on 09 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sigma Cranes and Hoists by revenue are Ag Conveying Systems Private Limited, Master Automation and Robotics Private Limited, Unosafe Elevator Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Parthasarathy Naveen was appointed as Managing Director on 27 Jun 2002. Srinivas Sudhir was appointed as Whole-Time Director on 27 Jun 2002.
Yes, Sigma Cranes and Hoists is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0070207).
Sigma Cranes and Hoists can be reached through the website sigmahoist.com. Its registered office is in Bengaluru, Karnataka, India.

