MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0083460
Silverline Elevators Limited
Silverline Elevators Limited - engineering in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.1 Cr
▼ 15% YoY
Net profit · FY 2025
₹4.84 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹35.01 Lakh
EBITDA margin 11.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.75 Cr
Issued & subscribed
Open charges
₹1.32 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
7
Provident fund records
About Silverline Elevators Limited
Data last updated:
Silverline Elevators Limited is a public limited company based in Thane, Maharashtra, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 11 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2012PLC232058. Its GSTIN is 27AARCS9029F1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors including Shailaja Jagdish Saswade (Managing Director) and Jagdish Madhukar Saswade (Whole-Time Director).
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 Eternity Mall F/32 Teen Hath Naka L.B.S. Marg, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.1 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹4.84 Lakh (net margin 1.6%) and EBITDA of ₹35.01 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 21% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.32 Cr on record.
Silverline Elevators Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0083460). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29253MH2012PLC232058
Registration Number 232058
Incorporation Date 11 June 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0083460
CIN history
Silverline Elevators has one previous CIN (Corporate Identification Number): U29253MH2012PTC232058. The current CIN is U29253MH2012PLC232058, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253MH2012PLC232058 | Current |
| U29253MH2012PTC232058 | Previous |
Key People
Monish Jagdish Saswade Ceo Shailaja Jagdish Saswade Managing Director Jagdish Madhukar Saswade Whole-Time Director Recognitions & Rankings of Silverline Elevators
Contact details
Silverline Elevators Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressEternity Mall F/32 Teen Hath Naka L.B.S. Marg, Thane, Maharashtra, India – 400604
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Silverline Elevators Limited, buy the company report.
Comprehensive company report
Silverline Elevators 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
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Business activity
The main business activity of Silverline Elevators is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Silverline Elevators Limited, buy the company report.
Financials of Silverline Elevators Limited
FY 2024 filings availableSilverline Elevators Limited reported revenue of ₹3.1 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹3.1 Cr ▼ 15%
Net profit · FY 2025
₹4.84 Lakh margin 1.6%
EBITDA · FY 2025
₹35.01 Lakh margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 16%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 72%
3 years · compounded
▲ 16%
5 years · compounded
▲ 49%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 72% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹35.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.84 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 | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Silverline Elevators Limited, buy the company report.
Board of directors and KMP of Silverline Elevators Limited
Silverline Elevators Limited currently reports 5 directors and 1 key managerial person. 4 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Madhukar Saswade | Whole-Time Director | 20 Feb 2014 | 12 Years 8 Months | Current |
| Monish Jagdish Saswade | Ceo | 21 Dec 2023 | 2 Years 10 Months | Current |
| Mohmed Sadique Abdul Gafoor Sirkhot | Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Mrunalini Prashant Ghatole | Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Amir Wahidali Rajput | Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Shailaja Jagdish Saswade | Managing Director | 11 Jun 2012 | 14 Years 5 Months | Current |
Auditor
Silverline Elevators Limited is audited by SUHAS NILKANTH BHAT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUHAS NILKANTH BHAT | FY 2023 | 037816 |
Shareholding
The shareholding of Silverline Elevators Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Silverline Elevators Limited, buy the company report.
Charges & borrowings
Open charges
₹1.32 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100812622 | Others | ₹1.32 Cr | Open |
To see the full charge records of Silverline Elevators Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Silverline Elevators Limited 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
No delayed payments to MSME suppliers are on our record for Silverline Elevators Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silverline Elevators Limited has a workforce of 7 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 7 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 |
To see the full employee and EPFO history of Silverline Elevators Limited, buy the company report.
GST
Silverline Elevators has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS9029F1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverline Elevators Limited, buy the company report.
Recent activity
Silverline Elevators Limited has 10 board changes on record since 2012: 6 appointments and 4 cessations. The latest: Amir Wahidali Rajput was appointed as Director on 21 Dec 2023.
AGM
Silverline Elevators Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 1.32 Cr registered on 31 Oct 2023 with Charge ID 100812622 was modified on 03 Sep 2024.
Filing
Silverline Elevators Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Amir Wahidali Rajput was appointed as Director.
Ceased
Amir Wahidali Rajput ceased to be Additional Director.
Appointed
Mohmed Sadique Abdul Gafoor Sirkhot was appointed as Director.
Ceased
Mohmed Sadique Abdul Gafoor Sirkhot ceased to be Additional Director.
Appointed
Monish Jagdish Saswade was appointed as CEO.
Appointed
Mrunalini Prashant Ghatole was appointed as Director.
Ceased
Mrunalini Prashant Ghatole ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 1.32 Cr with Charge ID 100812622 was registered on 31 Oct 2023.
Ceased
Dashrath Tiwatne Nathuram ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Silverline Elevators is an active public limited company based in Thane, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 11 June 2012 (14+ years old) and is registered under CIN U29253MH2012PLC232058.
Silverline Elevators has 6 current directors and KMP:
- Shailaja Jagdish Saswade - Managing Director
- Jagdish Madhukar Saswade - Whole-Time Director
- Mohmed Sadique Abdul Gafoor Sirkhot - Director
- Mrunalini Prashant Ghatole - Director
- Amir Wahidali Rajput - Director
- Monish Jagdish Saswade - Ceo
The latest financial statements of Silverline Elevators 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.
The GSTIN of Silverline Elevators is 27AARCS9029F1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Silverline Elevators is U29253MH2012PLC232058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverline Elevators was incorporated on 11 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Amir Wahidali Rajput was appointed as Director on 21 Dec 2023. Amir Wahidali Rajput ceased to be Additional Director on 21 Dec 2023. Mohmed Sadique Abdul Gafoor Sirkhot was appointed as Director on 21 Dec 2023. Silverline Elevators has 10 board changes on record in total.
Yes, Silverline Elevators is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0083460).
The registered office of Silverline Elevators is at Eternity Mall F32 Teen Hath Naka L.B.S. Marg, Thane, Maharashtra, India – 400604.
Silverline Elevators operates in the engineering industry, in the industrial maintenance and repair services segment.
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