About Sunflag Filaments Limited
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Sunflag Filaments Limited is a public limited company based in Silvassa, Dadra And Nagar Haveli, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17119DN1988PLC000048. Its GSTIN is 26AAACS0694K1Z5 (Dadra and Nagar Haveli and Daman and Diu). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹9.93 Cr. It was formerly known as Sunflag Filaments Private Limited. It is led by directors including Sandiip Satyanarayan Agarwwal (Managing Director) and Jagdish Chandra Somani.
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 No. 27 & 28 Silvassa Industrial Csl 66 Kva Road Amil, Dadra and Nagar Haveli, India – 396230.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.7 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹1.28 Cr (net margin -47.5%) and EBITDA of -₹1.25 Cr (EBITDA margin -46.2%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹7.1 Cr and satisfied charges of ₹40.01 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website svgindia.com.
Company details
CIN history
Sunflag Filaments has one previous CIN (Corporate Identification Number): U17119DN1988PLC000048. The current CIN is L17119DN1988PLC000048, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17119DN1988PLC000048 | Current |
| U17119DN1988PLC000048 | Previous |
Contact details
Sunflag Filaments Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its website is svgindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 27 & 28 Silvassa Industrial Csl 66 Kva Road Amil, Dadra and Nagar Haveli, India – 396230
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sunflag Filaments Limited, buy the company report.
- 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
Business activity
The main business activity of Sunflag Filaments is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sunflag Filaments Limited, buy the company report.
Financials of Sunflag Filaments Limited
FY 2025 filings availableSunflag Filaments Limited reported revenue of ₹2.7 Cr (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 53% fall 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 | ₹2.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.28 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 | -46.2% | ||||
| Net Profit Margin | -47.5% | ||||
| 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 Sunflag Filaments Limited, buy the company report.
Board of directors of Sunflag Filaments Limited
Sunflag Filaments has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Chandra Somani Also directs: Rupali Yarns LLP | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Supriya Mahesh Pujari | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Satyanarayan Hiralal Agarwal Also directs: Binaykia Synthetics Limited, Shree Venkateshwar Synthetics Private Limited, Laxmi Technical Textile Private Limited and 2 more | Director | 13 May 1988 | 38 Years 5 Months | Current |
| Sandiip Satyanarayan Agarwwal Also directs: Binaykia Synthetics Limited, Rajwada Silk Mills Limited Liability Partnership, Raj Rayon Industries Limited and 3 more | Managing Director | 01 Aug 1994 | 32 Years 2 Months | Current |
| Rajkumar Satyanarayan Agarwal Also directs: Binaykia Synthetics Limited, Seth Industries Private Limited, Rajwada Silk Mills Limited Liability Partnership and 4 more | Director | 13 May 1988 | 38 Years 5 Months | Current |
Peer comparison
Sunflag Filaments Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tahvo Designs and Productions Private Limited | ₹2.7 Cr (FY 2024) | 25.0% | Gurgaon, Haryana, India | |||
| Global Fabrics Pvt Ltd | ₹2.7 Cr (FY 2025) | -19.0% | Ahmedabad, Gujarat, India | |||
| Manju Fabrics Private Limited | ₹2.7 Cr (FY 2025) | 302.0% | Surat, Gujarat, India | |||
| Oswal Polyfab Private Limited | ₹2.7 Cr (FY 2024) | -18.0% | Dombiwali, Maharashtra, India | |||
| Sunflag Filaments Limitedthis company | ₹2.7 Cr (FY 2025) | -₹1.28 Cr | -47.5% | -53.0% | Silvassa, Dadra And Nagar Haveli, India | |
| Neet Textile Private Limited | ₹2.69 Cr (FY 2025) | -64.0% | Ahmedabad Local, Gujarat, India |
To see the full peer comparison of Sunflag Filaments Limited, buy the company report.
Auditor
Sunflag Filaments Limited is audited by Abn & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abn & Co | FY 2023 | 004447C |
Shareholding
The shareholding of Sunflag Filaments 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 Sunflag Filaments Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2011 | 10314868 | State Bank of India | ₹2.4 Cr | Satisfied | |
| 21 Mar 2011 | 10280022 | State Bank of India | ₹2.4 Cr | Satisfied | |
| 17 May 2004 | 90096898 | State Bank of India | ₹6.78 Cr | Satisfied | |
| 07 Mar 2000 | 90101997 | State Bank of India | ₹6.78 Cr | Satisfied | |
| 16 Jun 1999 | 90099016 | Bank of Baroda | ₹35 Lakh | Satisfied |
To see the full charge records of Sunflag Filaments Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Sunflag Filaments Limited has 4 court cases on record: 1 filed by Sunflag Filaments, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 0 |
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, DNH at Silvasa | Court case (I.D.R. - DISTRICT) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (9999-Other) | Filed against the company by Commr.Of Income Tax | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -4, Mumbai | Disposed |
| Supreme Court | Court case (9999-Other) | Filed against the company by an individual | Disposed |
To see the full case history of Sunflag Filaments 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
Sunflag Filaments Limited was last rated by Icra on 07 Feb 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Feb 2018 |
To see the full credit ratings and regulatory alerts of Sunflag Filaments Limited, buy the company report.
MSME payment delays
Sunflag Filaments Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 2,084 overdue payments to 56 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 56)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Timex Belting Company | |||
| Sam International Pvt Ltd | |||
| an individual supplier | |||
| Balaji Forms |
To see the full MSME payment records of Sunflag Filaments Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sunflag Filaments has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACS0694K1Z5 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 26AAACS0694K3Z3 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Sunflag Filaments Limited, buy the company report.
Recent activity
Sunflag Filaments Limited has 8 board changes on record since 1988: 5 appointments and 3 cessations. The latest: Jagdish Chandra Somani was appointed as Director on 28 Mar 2025.
34 earlier events are in the company report.
Frequently asked questions
Sunflag Filaments is an active public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 May 1988 (38+ years old) and is registered under CIN L17119DN1988PLC000048.
Sunflag Filaments has 5 current directors:
- Sandiip Satyanarayan Agarwwal - Managing Director
- Jagdish Chandra Somani - Director
- Supriya Mahesh Pujari - Director
- Satyanarayan Hiralal Agarwal - Director
- Rajkumar Satyanarayan Agarwal - Director
The latest financial statements of Sunflag Filaments 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 2015 are in the company report.
The GSTIN of Sunflag Filaments is 26AAACS0694K1Z5, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 26AAACS0694K3Z3 (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Sunflag Filaments is L17119DN1988PLC000048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sunflag Filaments is a listed company as per MCA records.
Sunflag Filaments has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the supreme court.
Sunflag Filaments was incorporated on 13 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sunflag Filaments by revenue are Tahvo Designs and Productions Private Limited, Global Fabrics Pvt Ltd, Manju Fabrics Private Limited, Oswal Polyfab Private Limited, Neet Textile Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jagdish Chandra Somani was appointed as Director on 28 Mar 2025. Supriya Mahesh Pujari was appointed as Director on 28 Mar 2025. Yashovardhan Rajkumar Agarwal ceased to be Director on 02 Sep 2021. Sunflag Filaments has 8 board changes on record in total.
Sunflag Filaments has 14 MSME Form 1 returns on record between 2019 and 2023, listing 2,084 overdue payments to 56 micro and small suppliers. The latest return was filed on 31 Oct 2023.
Sunflag Filaments can be reached through the website svgindia.com. Its registered office is in Silvassa, Dadra And Nagar Haveli, India.
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