MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0030679
Sitson India Limited - automobile in Dombivli, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹234.67 Cr
▼ 12% YoY
Net profit · FY 2025
₹27.66 Cr
Net margin 11.8%
EBITDA · FY 2025
₹36.51 Cr
EBITDA margin 15.6%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹14.4 Cr
Issued & subscribed
Open charges
₹75 Cr
Satisfied ₹64.13 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
69
Provident fund records
About Sitson India Limited
Data last updated:
Sitson India Limited is a public limited company based in Dombivli, Maharashtra, India. It operates in the machinery repair and installation or automotive services segment of the automobiles sector. It was incorporated on 31 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH1999PLC119203. Its GSTIN is 27AADCS9489D1ZW (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.4 Cr. It is led by directors including Dilip Sitaram Bhamare (Managing Director) and Mayur Bhamare Dilip.
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 W – 76 MIDC Phase II Dombivli East, Maharashtra, India – 421204.
As per the financials filed for FY 2025, the company reported a revenue of ₹234.67 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹27.66 Cr (net margin 11.8%) and EBITDA of ₹36.51 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 19% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sitson. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹64.13 Cr on record. Court records list 46 cases involving the company, including 27 filed by the company and 19 filed against it; 11 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.95 Cr; the latest was in February 2011.
Sitson India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0030679). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sitsonindia.com.
Company details
CIN U74900MH1999PLC119203
Registration Number 119203
Incorporation Date 31 March 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0030679
CIN history
Sitson India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74900MH1999PLC119203, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH1999PLC119203 | Current |
| U74900MH1999PTC119203 | Previous |
| U28131MH1999PTC119203 | Previous |
Key People
Dilip Sitaram Bhamare Managing Director Ramrao Sonu Nandris Cfo Mayur Bhamare Dilip Director Recognitions & Rankings of Sitson India
Contact details
Sitson India Limited's registered office is in Dombivli, Maharashtra.
- Social Media
- Registered AddressW – 76 MIDC Phase II Dombivli East, Maharashtra, India – 421204
- IndustryAutomobile, Machinery Repair & Installation Or Automotive Services
Comprehensive company report
Sitson India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sitson India operates one associated brand: Sitson. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services in boilers, power generation, and industrial equipment in India. | sitsonindia.com |
Business activity
The main business activity of Sitson India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Sitson India Limited, buy the company report.
Financials of Sitson India Limited
FY 2024 filings availableSitson India Limited reported revenue of ₹234.67 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹234.67 Cr ▼ 12%
Net profit · FY 2025
₹27.66 Cr margin 11.8%
EBITDA · FY 2025
₹36.51 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 15%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 53%
5 years · compounded
▲ 48%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 48% 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 | ₹36.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.66 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 11.8% | ||||
| 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 Sitson India Limited, buy the company report.
Board of directors and KMP of Sitson India Limited
Sitson India Limited currently reports 8 directors and 1 key managerial person. 4 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Bhamare Dilip Also directs: Sitaram Sugars and Allied Industries Limited, M.S. Techno Chem Private Limited, JPMK Turbine (India) Private Limited and 1 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
| Ramrao Sonu Nandris Also directs: Sitaram Sugars and Allied Industries Limited, Sitson Soot Blowers Private Limited, Sitson Foundation and 2 more | Cfo | 15 Jan 2024 | 2 Years 9 Months | Current |
| Vijaya Ramrao Nandris | Director | 30 Dec 2024 | 1 Years 9 Months | Current |
| Soosai Gnanam Joseph Johnson | Director | 09 Feb 2024 | 2 Years 8 Months | Current |
| Dilip Sitaram Bhamare Also directs: Sitaram Sugars and Allied Industries Limited, M.S. Techno Chem Private Limited, Sitson Soot Blowers Private Limited and 3 more | Managing Director | 31 Mar 1999 | 27 Years 6 Months | Current |
| Swapnil Ramrao Nandre | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
Showing 6 of 9 current directors and KMP. View all directors and KMP
Charges & borrowings
Open charges
₹75 Cr
Satisfied charges
₹64.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2024 | 101007490 | Others | ₹43 Cr | Open | |
| 28 Sep 2011 | 10358559 | Others | ₹32 Cr | Open | |
| 12 Nov 2020 | 100419426 | Others | ₹6 Cr | Satisfied | |
| 31 Mar 2017 | 100107981 | Others | ₹1.5 Cr | Satisfied | |
| 27 Aug 2016 | 100056958 | Others | ₹3.3 Cr | Satisfied |
To see the full charge records of Sitson India Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Sitson India Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.95 Cr; the latest was in February 2011.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹1.95 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2011 | Funding round | ₹68.4 Lakh | Investors: 4 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Lexus Ineotech Limited, Lotus Advisory Services Private Limited , Roshani Multitrade Private Limited |
| Dec 2007 | Funding round | ₹1.27 Cr | Investors: Lexus Ineotech Limited, Alka Diamond Industries Limited , Nakshatra Business Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sitson India Limited has 46 court cases on record: 27 filed by Sitson India, 19 filed against it. 11 cases are pending and 35 are disposed.
Total cases
46
Filed by the company
27
Filed against the company
19
Pending
11
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 8 | 2 |
| District courts | 20 | 9 | 9 |
| Supreme Court | 5 | 2 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by SGZ and Sga Sugars (JV) Ltd THR. Authorized Officer R. M. Chavan | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Universal Power Transformer Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Super Steam Boiler Engineers Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Super Steam Boiler Engineers Pvt. Ltd. | Disposed |
| District court, Navsari, Gujarat | Commercial matter | Filed against the company by Kaveri Vibhag Sahkari Khand Udhyog Mandli Limited Through Its Chairman Aanand Desai | Pending |
To see the full case history of Sitson India 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.
Credit ratings & regulatory alerts
Sitson India Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Sitson India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sitson India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sitson India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS9489D1ZW | Maharashtra | Active | 01 Jul 2017 |
| 24AADCS9489D1Z2 | Gujarat | Active | 07 Mar 2018 |
To see the full GST registrations and return filing status of Sitson India Limited, buy the company report.
Recent activity
Sitson India Limited has 13 board changes on record since 1999: 9 appointments and 4 cessations. The latest: Kalpana Dilip Bhamare was appointed as Director on 30 Dec 2024.
Charges
A charge with Others of Rs. 43.00 Cr registered on 12 Nov 2024 with Charge ID 101007490 was modified on 25 Mar 2025.
Appointed
Kalpana Dilip Bhamare was appointed as Director.
Appointed
Vijaya Ramrao Nandris was appointed as Director.
Charges
A charge with Others amounted to Rs. 43.00 Cr with Charge ID 101007490 was registered on 12 Nov 2024.
AGM
Sitson India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Milind Bhalchandra Kelkar was appointed as Director.
Ceased
Dipika Biyani ceased to be Director.
Ceased
Shriniwas Yeshwant Joshi ceased to be Director.
Filing
Sitson India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 12 Nov 2020 via Charge ID 100419426 with Others was fully satisfied on 02 Mar 2024.
Appointed
Soosai Gnanam Joseph Johnson was appointed as Director.
Appointed
Ramrao Sonu Nandris was appointed as CFO.
28 earlier events are in the company report.
Frequently asked questions
Sitson India is an active public limited company based in Dombivli, Maharashtra, India. The company works in machinery repair and installation or automotive services, within the automobile industry. It was incorporated on 31 March 1999 (27+ years old) and is registered under CIN U74900MH1999PLC119203.
Sitson India has 9 current directors and KMP:
- Dilip Sitaram Bhamare - Managing Director
- Mayur Bhamare Dilip - Director
- Vijaya Ramrao Nandris - Director
- Soosai Gnanam Joseph Johnson - Director
- Swapnil Ramrao Nandre - Director
- Kalpana Dilip Bhamare - Director
- Priya Dilip Bhamare - Director
- Milind Bhalchandra Kelkar - Director
- Ramrao Sonu Nandris - Cfo
The latest financial statements of Sitson India 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 Sitson India is 27AADCS9489D1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCS9489D1Z2 (Gujarat).
The CIN (Corporate Identification Number) of Sitson India is U74900MH1999PLC119203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitson India has 46 court cases on record: 27 filed by the company and 19 filed against it. 11 are pending. Most are in the high courts.
Sitson India was incorporated on 31 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Sitson India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.95 Cr; the latest was in February 2011.
Kalpana Dilip Bhamare was appointed as Director on 30 Dec 2024. Vijaya Ramrao Nandris was appointed as Director on 30 Dec 2024. Milind Bhalchandra Kelkar was appointed as Director on 24 Sep 2024. Sitson India has 13 board changes on record in total.
Yes, Sitson India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0030679).