Summit Sales LLP
About Summit Sales LLP
Data last updated:
Summit Sales LLP is a limited liability partnership (LLP) based in Secunderabad, Andhra Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 June 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Vijayawada, under LLPIN AAC-3606. Its GSTIN is 36ACQFS2044C1Z7 (Telangana).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Tejal Soham Modi and Soham Satish Modi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Soham Mansion 5 – 4 – 187/3 & 4 3rd Floor M.G Road, Secunderabad, Andhra Pradesh, India – 500003.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹20.28 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹24.75 Lakh (net margin 1.2%) and EBITDA of -₹73.45 Lakh (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 70% over five years.
The LLP has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹2 Cr on record.
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- Registered AddressSoham Mansion 5 – 4 – 187/3 & 4 3rd Floor M.G Road, Secunderabad, Andhra Pradesh, India – 500003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Summit Sales LLP FY 2025 filings available
Summit Sales LLP reported revenue of ₹20.28 Cr (up 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Summit Sales LLP
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 9% growth 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 Summit Sales LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹24.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Summit Sales LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Summit Sales are in the company report.
Financial statements from 2015
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.
Designated Partners of Summit Sales LLP
Summit Sales has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejal Soham Modi | Designated Partner | 01 Jan 2015 | 11 Years 9 Months | Current |
| Soham Satish Modi Also directs: Mehta & Modi Realty (Timmapur) LLP, Modi Realty (Miryalaguda) LLP, Silver Oak Villas LLP and 5 more | Designated Partner | 10 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Summit Sales LLP
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 Summit Sales LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2024 | Kotak Mahindra Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Summit Sales LLP
Summit Sales LLP has a workforce of 57 employees as of Apr 02, 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 Summit Sales LLP
Summit Sales LLP has 4 designated partner changes on record since 2014: 3 appointments and 1 cessation. The latest: Gaurang Jayantilal Mody was appointed as Partner on 01 Dec 2017.
Credit Ratings, Litigation & Regulatory Alerts for Summit Sales LLP
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 Summit Sales LLP
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 Summit Sales LLP
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 Summit Sales LLP
Summit Sales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ACQFS2044C1Z7 | Telangana | Active | 01 Sep 2017 |
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 Summit Sales LLP
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 Summit Sales LLP
Summit Sales is an active limited liability partnership based in Secunderabad, Andhra Pradesh, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 June 2014 (12+ years old) and is registered under LLPIN AAC-3606.
Summit Sales reported revenue of ₹20.28 Cr for FY 2023 (up 9% YoY).
Summit Sales has 2 current designated partners:
- Tejal Soham Modi - Designated Partner
- Soham Satish Modi - Designated Partner
Summit Sales reported a net profit of ₹24.75 Lakh (net margin 1.2%) and EBITDA of -₹73.45 Lakh (EBITDA margin -3.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Summit Sales is 7% over three years and 70% over five years. In the latest year (FY 2023) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Summit Sales is 36ACQFS2044C1Z7, registered in Telangana.
The LLPIN (Limited Liability Partnership Identification Number) of Summit Sales is AAC-3606. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Summit Sales was incorporated on 10 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Gaurang Jayantilal Mody was appointed as Partner on 01 Dec 2017. Ajeeta Mody ceased to be Designated Partner on 01 Jan 2015. Tejal Soham Modi was appointed as Designated Partner on 01 Jan 2015. Summit Sales has 4 designated partner changes on record in total.
The registered office of Summit Sales is at Soham Mansion 5 – 4 – 1873 & 4 3rd Floor M.G Road, Secunderabad, Andhra Pradesh, India – 500003.