MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-06-0002745
Suyog Elements India Limited - metals and minerals in Bharuch, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹83.99 Cr
▼ 2% YoY
Net profit · FY 2025
₹4.73 Cr
Net margin 5.6%
EBITDA · FY 2025
₹9.37 Cr
EBITDA margin 11.2%
Authorised capital
₹99 Lakh
Registered with MCA
Paid-up capital
₹76.91 Lakh
Issued & subscribed
Open charges
₹42.28 Cr
Satisfied ₹8.32 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
53
Provident fund records
About Suyog Elements India Limited
Data last updated:
Suyog Elements India Limited is a public limited company based in Bharuch, Gujarat, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 19 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2013PLC076091. Its GSTIN is 24AATCS3955N1ZI (Gujarat).
The company has an authorised share capital of ₹99 Lakh and a paid-up capital of ₹76.91 Lakh. It is led by directors including Suresh Harjivanbhai Varsada and Yogesh Harjivanbhai Varsada.
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 Bharuch, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.99 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.73 Cr (net margin 5.6%) and EBITDA of ₹9.37 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 44% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42.28 Cr and satisfied charges of ₹8.32 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Suyog Elements India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0002745). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suyogsuppliers.com.
Company details
CIN U24100GJ2013PLC076091
Registration Number 076091
Incorporation Date 19 July 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-06-0002745
CIN history
Suyog Elements India has one previous CIN (Corporate Identification Number): U24100GJ2013PTC076091. The current CIN is U24100GJ2013PLC076091, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ2013PLC076091 | Current |
| U24100GJ2013PTC076091 | Previous |
Key People
Suresh Harjivanbhai Varsada Director Yogesh Harjivanbhai Varsada Director Jayesh Kishanlal Savjani Additional Director Recognitions & Rankings of Suyog Elements India
Contact details
Suyog Elements India Limited's registered office is in Bharuch, Gujarat. Its website is suyogsuppliers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 1306 1307 1311 1312, 1313 And 1314/1 Palej Sadhli Road Palej GIDC, Bharuch, Gujarat, India – 392220
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Suyog Elements India Limited, buy the company report.
Comprehensive company report
Suyog Elements 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
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Business activity
The main business activity of Suyog Elements India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Suyog Elements India Limited, buy the company report.
Financials of Suyog Elements India Limited
FY 2025 filings availableSuyog Elements India Limited reported revenue of ₹83.99 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹83.99 Cr ▼ 2%
Net profit · FY 2025
₹4.73 Cr margin 5.6%
EBITDA · FY 2025
₹9.37 Cr margin 11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 27%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 2%
5 years · compounded
▲ 32%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 33% 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 | ₹83.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.73 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 | 11.2% | ||||
| Net Profit Margin | 5.6% | ||||
| 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 Suyog Elements India Limited, buy the company report.
Board of directors of Suyog Elements India Limited
Suyog Elements India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Harjivanbhai Varsada Also directs: Suyog Elements & Minerals LLP, Abs Aromatics LLP | Director | 19 Jul 2013 | 13 Years 3 Months | Current |
| Yogesh Harjivanbhai Varsada Also directs: Suyog Elements & Minerals LLP | Director | 19 Jul 2013 | 13 Years 3 Months | Current |
| Jayesh Kishanlal Savjani | Additional Director | 06 Apr 2026 | 0 Years 6 Months | Current |
| Vaishaliben Kanjibhai Vadodariya | Additional Director | 06 Apr 2026 | 0 Years 6 Months | Current |
Auditor
Suyog Elements India Limited is audited by Hardik Jivrajbhai Kakadiya for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hardik Jivrajbhai Kakadiya | FY 2023 | 120130 |
Shareholding
The shareholding of Suyog Elements India 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 Suyog Elements India Limited, buy the company report.
Charges & borrowings
Open charges
₹42.28 Cr
Satisfied charges
₹8.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2025 | 101134192 | Axis Bank Limited | ₹10 Cr | Open | |
| 30 Mar 2017 | 100108500 | Hdfc Bank Limited | ₹32.28 Cr | Open | |
| 26 Mar 2014 | 10494276 | Idbi Bank Limited | ₹4.16 Cr | Satisfied | |
| 21 Mar 2014 | 10494269 | Idbi Bank Limited | ₹4.16 Cr | Satisfied |
To see the full charge records of Suyog Elements India Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Suyog Elements India Limited has 2 court cases on record: 2 filed by Suyog Elements India. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Stabilig Road Solutions Private Limited | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Stabilig Road Solutions Private Limited | Disposed |
To see the full case history of Suyog Elements 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.
MSME payment delays
Suyog Elements India Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 15 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Someshwar Coal | |||
| Laxmi En-Fab Private Limited |
To see the full MSME payment records of Suyog Elements India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Suyog Elements India Limited has a workforce of 53 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
23.26%
GST
Suyog Elements India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS3955N1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suyog Elements India Limited, buy the company report.
Recent activity
Suyog Elements India Limited has 5 board changes on record since 2013: 4 appointments and 1 cessation. The latest: Jayesh Kishanlal Savjani was appointed as Additional Director on 06 Apr 2026.
Appointed
Jayesh Kishanlal Savjani was appointed as Additional Director.
Appointed
Vaishaliben Kanjibhai Vadodariya was appointed as Additional Director.
AGM
Suyog Elements India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 101134192 was registered on 11 Jul 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 3,227.76 Lakh registered on 30 Mar 2017 with Charge ID 100108500 was modified on 23 Apr 2025.
Filing
Suyog Elements India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Bhavesh Jadvajibhai Dava ceased to be Director.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10494276 with Idbi Bank Limited was fully satisfied on 31 Oct 2017.
Charges
A charge registered on 21 Mar 2014 via Charge ID 10494269 with Idbi Bank Limited was fully satisfied on 31 Oct 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3,227.76 Lakh with Charge ID 100108500 was registered on 30 Mar 2017.
Charges
A charge with Idbi Bank Limited amounted to Rs. 416.00 Lakh with Charge ID 10494276 was registered on 26 Mar 2014.
Charges
A charge with Idbi Bank Limited amounted to Rs. 416.00 Lakh with Charge ID 10494269 was registered on 21 Mar 2014.
3 earlier events are in the company report.
Frequently asked questions
Suyog Elements India is an active public limited company based in Bharuch, Gujarat, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 19 July 2013 (13+ years old) and is registered under CIN U24100GJ2013PLC076091.
Suyog Elements India has 4 current directors:
- Suresh Harjivanbhai Varsada - Director
- Yogesh Harjivanbhai Varsada - Director
- Jayesh Kishanlal Savjani - Additional Director
- Vaishaliben Kanjibhai Vadodariya - Additional Director
The latest financial statements of Suyog Elements 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 2015 are in the company report.
The GSTIN of Suyog Elements India is 24AATCS3955N1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Suyog Elements India is U24100GJ2013PLC076091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suyog Elements India has 2 court cases on record: 2 filed by the company. Most are in the nclt.
Suyog Elements India was incorporated on 19 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayesh Kishanlal Savjani was appointed as Additional Director on 06 Apr 2026. Vaishaliben Kanjibhai Vadodariya was appointed as Additional Director on 06 Apr 2026. Bhavesh Jadvajibhai Dava ceased to be Director on 28 Mar 2021. Suyog Elements India has 5 board changes on record in total.
Yes, Suyog Elements India is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-06-0002745).
Suyog Elements India has 3 MSME Form 1 returns on record between 2019 and 2021, listing 15 overdue payments to 6 micro and small suppliers. The latest return was filed on 13 May 2021.
Suyog Elements India can be reached through the website suyogsuppliers.com. Its registered office is in Bharuch, Gujarat, India.