Svar Associates P Ltd
About Svar Associates P Ltd
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Svar Associates P Ltd is a private limited company based in Thane, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74220MH1994PTC076055. Its GSTIN is 27AAGCS3157B1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suhas Gangadhar Karve and Sharmila Suhas Karve.
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 302 Navrang Shopping Center Gokhale Road, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.12 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Lakh (net margin 6.5%) and EBITDA of ₹4.75 Lakh (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
As per MCA filings, the company has open charges of ₹26.28 Lakh and satisfied charges of ₹50,000 on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Svar Associates P Ltd's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address302 Navrang Shopping Center Gokhale Road, Thane, Maharashtra, India – 400602
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Svar Associates P Ltd, 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 Svar Associates P is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Svar Associates P Ltd, buy the company report.
Financials of Svar Associates P Ltd
FY 2025 filings availableSvar Associates P Ltd reported revenue of ₹41.12 Lakh (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 13% fall in the latest year. EBITDA rose 10% 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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| EBITDA | ₹4.75 Lakh | ||||
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| Net Profit (PAT) | ₹2.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 6.5% | ||||
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To see the full financial statements and ratios of Svar Associates P Ltd, buy the company report.
Board of directors of Svar Associates P Ltd
Svar Associates P has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Gangadhar Karve | Director | 13 Jan 1994 | 32 Years 9 Months | Current |
| Sharmila Suhas Karve | Additional Director | 09 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Svar Associates P Ltd is audited by THAKUR NAIK & DEO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKUR NAIK & DEO | FY 2019 | 110939W |
Shareholding
The shareholding of Svar Associates P Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Svar Associates P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2017 | 100077310 | Others | ₹9.71 Lakh | Open | |
| 11 Apr 2008 | 10101394 | The Saraswat Co.Op. Bank Limited | ₹5 Lakh | Open | |
| 22 Feb 2002 | 90147866 | The Saraswat Co-Operative Bank Ltd. | ₹2.42 Lakh | Open | |
| 05 Mar 1997 | 90147102 | The Saraswat Co-Operative Bank Ltd. | ₹4.95 Lakh | Open | |
| 04 Mar 1997 | 90147101 | The Saraswat Co-Operative Bank Ltd. | ₹4.2 Lakh | Open |
To see the full charge records of Svar Associates P Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Svar Associates P Ltd 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
No delayed payments to MSME suppliers are on our record for Svar Associates P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Svar Associates P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS3157B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Svar Associates P Ltd, buy the company report.
Recent activity
Svar Associates P Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Sharmila Suhas Karve was appointed as Additional Director on 09 Feb 2026.
3 earlier events are in the company report.
Frequently asked questions
Svar Associates P is an active private limited company based in Thane, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 13 January 1994 (32+ years old) and is registered under CIN U74220MH1994PTC076055.
Svar Associates P has 2 current directors:
- Suhas Gangadhar Karve - Director
- Sharmila Suhas Karve - Additional Director
The latest financial statements of Svar Associates P 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 Svar Associates P is 27AAGCS3157B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Svar Associates P is U74220MH1994PTC076055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Svar Associates P was incorporated on 13 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Sharmila Suhas Karve was appointed as Additional Director on 09 Feb 2026. Vinit Prabhakar Mahadik ceased to be Director on 08 Jan 2011. Rajendra Shripad Sukthankar was appointed as Director on 13 Jan 1994. Svar Associates P has 4 board changes on record in total.
The registered office of Svar Associates P is at 302 Navrang Shopping Center Gokhale Road, Thane, Maharashtra, India – 400602.
Svar Associates P operates in the machinery and equipment industry, in the material handling and storage equipment segment.
Svar Associates P has open charges of ₹26.28 Lakh and satisfied charges of ₹50,000 as per latest MCA filings.