MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0004116
Sincerity Innovation Technology India Private Limited - automotive in Sriperumbudur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹57.07 Cr
▲ 18% YoY
Net profit · FY 2025
₹1.42 Cr
Net margin 2.5%
EBITDA · FY 2025
₹3.12 Cr
EBITDA margin 5.5%
Authorised capital
₹10.9 Cr
Registered with MCA
Paid-up capital
₹9.21 Cr
Issued & subscribed
Open charges
₹5.14 Cr
Satisfied ₹12.18 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
46
Provident fund records
About Sincerity Innovation Technology India Private Limited
Data last updated:
Sincerity Innovation Technology India Private Limited is a foreign private limited company based in Sriperumbudur, Tamil Nadu, India, a subsidiary of Sit Co Ltd. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 16 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29306TN2018FTC121505. Its GSTIN is 33ABACS0108H1ZY (Tamil Nadu).
The company has an authorised share capital of ₹10.9 Cr and a paid-up capital of ₹9.21 Cr. It is led by directors Sang Kyu Kim and Dohyup Kim.
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 Survey No:A Block 524/3C Mannur Village, Sriperumbudur, Tamil Nadu, India – 602105.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.07 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 2.5%) and EBITDA of ₹3.12 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 47% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.14 Cr and satisfied charges of ₹12.18 Lakh on record.
Sincerity Innovation Technology India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0004116). For more details, the company can be reached via its website sitindia6.blogspot.com.
Company details
CIN U29306TN2018FTC121505
Registration Number 121505
Incorporation Date 16 March 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sit Co Ltd
MSME Classification Small
Udyam Registration UDYAM-TN-08-0004116
Key People
Sang Kyu Kim Director Dohyup Kim Director Recognitions & Rankings of Sincerity Innovation Technology India
Contact details
Sincerity Innovation Technology India Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is sitindia6.blogspot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No:A Block 524/3C Mannur Village, Sriperumbudur, Tamil Nadu, India – 602105
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sincerity Innovation Technology India Private Limited, buy the company report.
Comprehensive company report
Sincerity Innovation Technology India Private 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 Sincerity Innovation Technology India is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Sincerity Innovation Technology India Private Limited, buy the company report.
Financials of Sincerity Innovation Technology India Private Limited
FY 2025 filings availableSincerity Innovation Technology India Private Limited reported revenue of ₹57.07 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹57.07 Cr ▲ 18%
Net profit · FY 2025
₹1.42 Cr margin 2.5%
EBITDA · FY 2025
₹3.12 Cr margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 34%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 105%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 18% growth in the latest year. EBITDA fell 11% 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 |
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| Total Expenses | |||||
| EBITDA | ₹3.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 Cr | ||||
| Balance Sheet | |||||
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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 | 5.5% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sincerity Innovation Technology India Private Limited, buy the company report.
Board of directors of Sincerity Innovation Technology India Private Limited
Sincerity Innovation Technology India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sang Kyu Kim | Director | 20 May 2020 | 6 Years 5 Months | Current |
| Dohyup Kim | Director | 04 Sep 2019 | 7 Years 2 Months | Current |
Auditor
Sincerity Innovation Technology India Private Limited is audited by Pratapkaran Paul & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pratapkaran Paul & Co | FY 2023 | 002777S |
Shareholding
The shareholding of Sincerity Innovation Technology India 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 Sincerity Innovation Technology India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.14 Cr
Satisfied charges
₹12.18 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2025 | 101049755 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 31 Jul 2024 | 101004861 | Others | ₹13.83 Lakh | Open | |
| 28 Feb 2022 | 100566333 | Others | ₹12.18 Lakh | Satisfied |
To see the full charge records of Sincerity Innovation Technology India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Sincerity Innovation Technology India Private 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
Sincerity Innovation Technology India Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 122 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| General Metal Treaters | |||
| Indo Seoul Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Phorotech Surfin (India) Private Limited |
To see the full MSME payment records of Sincerity Innovation Technology India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sincerity Innovation Technology India Private Limited has a workforce of 46 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
-14.81%
GST
Sincerity Innovation Technology India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABACS0108H1ZY | Tamil Nadu | Active | 17 Apr 2018 |
To see the full GST registrations and return filing status of Sincerity Innovation Technology India Private Limited, buy the company report.
Recent activity
Sincerity Innovation Technology India Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Sang Kyu Kim ceased to be Additional Director on 26 Oct 2020.
AGM
Sincerity Innovation Technology India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sincerity Innovation Technology India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101049755 was registered on 10 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101004861 was registered on 31 Jul 2024.
Charges
A charge registered on 28 Feb 2022 via Charge ID 100566333 with Others was fully satisfied on 29 Jan 2024.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100566333 was registered on 28 Feb 2022.
Ceased
Sang Kyu Kim ceased to be Additional Director.
Ceased
Jiuk Heo ceased to be Director.
Ceased
Pratheep Kumar Masamsetty Vasu ceased to be Director.
Appointed
Sang Kyu Kim was appointed as Director.
Ceased
Dohyup Kim ceased to be Additional Director.
Ceased
Eunha Kim ceased to be Additional Director.
2 earlier events are in the company report.
Frequently asked questions
Sincerity Innovation Technology India is an active foreign private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 16 March 2018 (8+ years old) and is registered under CIN U29306TN2018FTC121505.
Sincerity Innovation Technology India has 2 current directors:
- Sang Kyu Kim - Director
- Dohyup Kim - Director
The latest financial statements of Sincerity Innovation Technology India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sincerity Innovation Technology India is 33ABACS0108H1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sincerity Innovation Technology India is U29306TN2018FTC121505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sincerity Innovation Technology India was incorporated on 16 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Sang Kyu Kim ceased to be Additional Director on 26 Oct 2020. Jiuk Heo ceased to be Director on 20 May 2020. Pratheep Kumar Masamsetty Vasu ceased to be Director on 20 May 2020. Sincerity Innovation Technology India has 7 board changes on record in total.
Yes, Sincerity Innovation Technology India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0004116).
Sincerity Innovation Technology India has 6 MSME Form 1 returns on record between 2022 and 2024, listing 122 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Sincerity Innovation Technology India can be reached through the website sitindia6.blogspot.com. Its registered office is in Sriperumbudur, Tamil Nadu, India.
The registered office of Sincerity Innovation Technology India is at Survey No:A Block 5243C Mannur Village, Sriperumbudur, Tamil Nadu, India – 602105.
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