About Sinar Sheetmetal Solutions Private Limited
Data last updated:
Sinar Sheetmetal Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 27 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29256KA2019PTC125697. Its GSTIN is 29AASCA4463C1ZH (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It was formerly known as Ace Sheet Metal Solutions Private Limited. It is led by directors including Laxmikant Kannappan (Managing Director) and Jayashree Ramadas.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot Nos. A – 153 & A – 154 2nd C Main Road 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.28 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 4%) and EBITDA of ₹2.19 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years and 524% over five years.
As per MCA filings, the company has open charges of ₹17 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in September 2019. Its 10 peer companies in the Machinery and Equipment industry (Process Machinery) are compared by revenue, 5 larger and 5 smaller; the largest is Lipi Marketing Private Limited with revenue of ₹25.65 Cr. The company has 12 MSME Form 1 returns on record between 2020 and 2023, listing 139 overdue payments to 24 micro and small suppliers.
For more details, the company can be reached via its website sinarsolution.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot Nos. A – 153 & A – 154 2nd C Main Road 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Sinar Sheetmetal Solutions Private Limited
The main business activity of Sinar Sheetmetal Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Sinar Sheetmetal Solutions Private Limited FY 2025 filings available
Sinar Sheetmetal Solutions Private Limited reported revenue of ₹25.28 Cr (up 108% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sinar Sheetmetal Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 524% over five years, including 108% growth in the latest year. EBITDA rose 302% 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 Sinar Sheetmetal Solutions Private Limited
| 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 | ₹2.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.01 Cr | •••• | •••• | •••• | •••• |
| 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 Sinar Sheetmetal Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Sinar Sheetmetal Solutions are in the company report.
Financial statements from FY 2020
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 Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lipi Marketing Private Limited | ₹25.65 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mylapore - Triplicane, Tamil Nadu, India |
| Rotofilt Engineers Llimited | ₹25.58 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Ashoka Rolls Manufacturers Private Limited | ₹25.57 Cr (FY 2022) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Enmas Andritz Private Limited | ₹25.4 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Chennai, Tamil Nadu, India |
| L.M. Engineering Machinery Co. Private Limited | ₹25.39 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
| Sinar Sheetmetal Solutions Private Limited this company | ₹25.28 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Bangalore, Karnataka, India |
| Ricetech Machinery India Private Limited | ₹25.25 Cr (FY 2024) | •••• | •••• | 319.0% | •••• | Hyderabad, Telangana, India |
| Artech Welders Private Limited | ₹25.05 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| A. Innovative International Limited | ₹24.93 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Bavla, Gujarat, India |
| Kamal Envirotech Private Limited | ₹24.92 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Gurgaon, Haryana, India |
| Earth Care Equipments Private Limited | ₹24.86 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sinar Sheetmetal Solutions by revenue in the Machinery and Equipment industry (Process Machinery), 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 Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions Private Limited is audited by MSSV & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSSV & 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 Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmikant Kannappan | Managing Director | 19 Aug 2019 | 7 Years 1 Months | Current |
| Jayashree Ramadas | Director | 27 Jun 2019 | 7 Years 3 Months | Current |
| Preethi Laxmikant Also directs: Ace Micromatic International Private Limited | Director | 19 Aug 2019 | 7 Years 1 Months | Current |
| Ramadas Puttige | Director | 27 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Sinar Sheetmetal Solutions 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 Sinar Sheetmetal Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Hdfc Bank Limited | ₹10 Cr | Open |
| 09 Mar 2022 | Karnataka Bank Ltd. | ₹7 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions Private Limited has 1 deal on record (1 rights issue); the latest was in September 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Rights issue | ₹24 Lakh | Investors: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions Private Limited has 12 MSME Form 1 returns on record between 2020 and 2023, listing 139 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dropsa Spicelube India Private Limited | •••• | •••• | •••• |
| Rollmann Trading Company | •••• | •••• | •••• |
| Mythri Metallizing India | •••• | •••• | •••• |
| Sree Venkateshwara Wood Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions Private Limited has a workforce of 0 employees as of May 05, 2024.
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 Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Laxmikant Kannappan ceased to be Director on 07 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Sinar Sheetmetal Solutions 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.
Subsidiaries & Group Companies of Sinar Sheetmetal Solutions 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 Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA4463C1ZH | Karnataka | Active | 06 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 Sinar Sheetmetal Solutions 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 Sinar Sheetmetal Solutions Private Limited
Sinar Sheetmetal Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 27 June 2019 (7+ years old) and is registered under CIN U29256KA2019PTC125697.
Sinar Sheetmetal Solutions reported revenue of ₹25.28 Cr for FY 2025 (up 108% YoY).
Sinar Sheetmetal Solutions has 4 current directors:
- Laxmikant Kannappan - Managing Director
- Jayashree Ramadas - Director
- Preethi Laxmikant - Director
- Ramadas Puttige - Director
Sinar Sheetmetal Solutions reported a net profit of ₹1.01 Cr (net margin 4%) and EBITDA of ₹2.19 Cr (EBITDA margin 8.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sinar Sheetmetal Solutions is 114% over three years and 524% over five years. In the latest year (FY 2025) revenue rose 108%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sinar Sheetmetal Solutions is 29AASCA4463C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Sinar Sheetmetal Solutions is U29256KA2019PTC125697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sinar Sheetmetal Solutions was incorporated on 27 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Sinar Sheetmetal Solutions has 1 deal on record (1 rights issue); the latest was in September 2019.
The peers of Sinar Sheetmetal Solutions by revenue are Lipi Marketing Private Limited, Rotofilt Engineers Llimited, Ashoka Rolls Manufacturers Private Limited, Enmas Andritz Private Limited, L.M. Engineering Machinery Co. Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Laxmikant Kannappan ceased to be Director on 07 Nov 2020. Preethi Laxmikant ceased to be Additional Director on 07 Nov 2020. Laxmikant Kannappan was appointed as Managing Director on 19 Aug 2019. Sinar Sheetmetal Solutions has 6 board changes on record in total.
Yes, Sinar Sheetmetal Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).