About Simag Surfaces India Private Limited
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Simag Surfaces India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified operations segment of the manufacturing sector. It was incorporated on 22 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2017PTC108112. Its GSTIN is 29AAZCS5041F1ZU (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹20,000. It is led by directors Veena Saranya Sathiyanarayana Babu and Bharath Kumar Purushothama.
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 211 18th C Main Indiranagar Hal II Stage, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.25 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹11.38 Lakh (net margin -26.3%) and EBITDA of -₹4.76 Lakh (EBITDA margin -11%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 57% 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 simagsurfaces.com.
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- Registered Address211 18th C Main Indiranagar Hal II Stage, Bangalore, Karnataka, India – 560008
- IndustryManufacturing, Other, Manufacturing
- 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 of Simag Surfaces India Private Limited
The main business activities of Simag Surfaces India are manufacturing and personal and household service. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and washing and cleaning of textile and fur products, hair dressing and other beauty treatment. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment | 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 Simag Surfaces India Private Limited FY 2024 filings available
Simag Surfaces India Private Limited reported revenue of ₹43.25 Lakh (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Simag Surfaces India Private Limited
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA fell 169% 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 Simag Surfaces India 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 | -₹4.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.38 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 Simag Surfaces India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -26.3% | •••• | •••• | •••• | •••• |
| 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 Simag Surfaces India are in the company report.
Financial statements from FY 2018
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 Simag Surfaces India Private Limited
Simag Surfaces India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goel Jewelery & Mart Private Limited | ₹43.47 Lakh (FY 2019) | •••• | •••• | -91.0% | •••• | New Delhi, Delhi, India |
| Una Spun Pipe Private Limited | ₹43.45 Lakh (FY 2024) | •••• | •••• | 10932.0% | •••• | Chandigarh, India |
| Teni Autos Private Limited | ₹43.42 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Hetal Twisters Pvt Ltd | ₹43.38 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Mehesana, Gujarat, India |
| Maheshwari Chains Private Limited | ₹43.31 Lakh (FY 2018) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Simag Surfaces India Private Limited this company | ₹43.25 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Bangalore, Karnataka, India |
| Pyramid Recycling and Reprocessing Private Limited | ₹43.2 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Navi Mumbai, Maharashtra, India |
| Biosrum Laboratories Private Limited | ₹43.2 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Coherent Homoeo Private Limited | ₹43.14 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Deoghar, Jharkhand, India |
| Manlax Foils Private Limited | ₹43 Lakh (FY 2023) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Mediminers India Private Limited | ₹42.98 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Simag Surfaces India by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Simag Surfaces India Private Limited
Simag Surfaces India 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 |
|---|---|---|---|---|
| Veena Saranya Sathiyanarayana Babu | Director | 23 Oct 2024 | 1 Years 11 Months | Current |
| Bharath Kumar Purushothama | Director | 23 Oct 2024 | 1 Years 11 Months | Current |
Charges & Borrowings of Simag Surfaces India Private Limited
Simag Surfaces India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Simag Surfaces India Private Limited
Employment history and EPFO contributions of people linked to Simag Surfaces India.
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 Simag Surfaces India Private Limited
Simag Surfaces India Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Balaji Janardhanan ceased to be Director on 13 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Simag Surfaces India 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 Simag Surfaces India 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 Simag Surfaces India 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 Simag Surfaces India Private Limited
Simag Surfaces India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAZCS5041F1ZU | Karnataka | Active | 21 Feb 2018 |
| 33AAZCS5041F1Z5 | Tamil Nadu | Active | 23 Sep 2019 |
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 Simag Surfaces India 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 Simag Surfaces India Private Limited
Simag Surfaces India is an active private limited company based in Bangalore, Karnataka, India. The company works in other, within the manufacturing industry. It was incorporated on 22 November 2017 (9+ years old) and is registered under CIN U36999KA2017PTC108112.
Simag Surfaces India reported revenue of ₹43.25 Lakh for FY 2024 (down 41% YoY).
Simag Surfaces India has 2 current directors:
- Veena Saranya Sathiyanarayana Babu - Director
- Bharath Kumar Purushothama - Director
Simag Surfaces India reported a net loss of ₹11.38 Lakh (net margin -26.3%) and EBITDA of -₹4.76 Lakh (EBITDA margin -11%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simag Surfaces India is -7% over three years and 57% over five years. In the latest year (FY 2024) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simag Surfaces India is 29AAZCS5041F1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAZCS5041F1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Simag Surfaces India is U36999KA2017PTC108112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simag Surfaces India was incorporated on 22 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Simag Surfaces India by revenue are Goel Jewelery & Mart Private Limited, Una Spun Pipe Private Limited, Teni Autos Private Limited, Hetal Twisters Pvt Ltd, Maheshwari Chains Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Balaji Janardhanan ceased to be Director on 13 Mar 2025. Purushotham Uma ceased to be Director on 25 Oct 2024. Bharath Kumar Purushothama was appointed as Director on 23 Oct 2024. Simag Surfaces India has 6 board changes on record in total.
Simag Surfaces India can be reached through the website simagsurfaces.com. Its registered office is in Bangalore, Karnataka, India.