Switchgrass Saree Mechants Limited
About Switchgrass Saree Mechants Limited
Data last updated:
Switchgrass Saree Mechants Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 05 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17291WB2012PLC187920.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.5 Lakh. It is led by directors including Shivratri and Fakir Chand Patail.
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 12 Sir Hari Ram Goenka Street, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2024, the company reported a revenue of ₹26,500, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹174 (net margin 0.7%) and EBITDA of ₹235 (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 53% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address12 Sir Hari Ram Goenka Street, Kolkata, West Bengal, India – 700007
- IndustryTrading, Other Wholesale, Wholesale
- 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
Business Activity of Switchgrass Saree Mechants Limited
The main business activity of Switchgrass Saree Mechants is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Switchgrass Saree Mechants Limited FY 2024 filings available
Switchgrass Saree Mechants Limited reported revenue of ₹26,500 (up 465% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Switchgrass Saree Mechants Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 465% growth in the latest year. EBITDA rose 15% 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 Switchgrass Saree Mechants Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹235 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹174 | •••• | •••• | •••• | •••• |
| 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 of Switchgrass Saree Mechants Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Switchgrass Saree Mechants 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.
Peer Comparison of Switchgrass Saree Mechants Limited
Switchgrass Saree Mechants Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avni Handmade Crafts Private Limited | ₹26,550 (FY 2023) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Widc Solutions Private Limited | ₹26,550 (FY 2024) | •••• | •••• | •••• | Uran, Maharashtra, India | |
| XL Crosslink Polymers Private Limited | ₹26,531 (FY 2022) | •••• | •••• | -90.0% | •••• | New Delhi, Delhi, India |
| Hotei Private Limited | ₹26,509 (FY 2024) | •••• | •••• | 26409.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Switchgrass Saree Mechants Limited this company | ₹26,500 (FY 2024) | •••• | •••• | 465.0% | •••• | Kolkata, West Bengal, India |
| Lambodar Commotrade Private Limited | ₹26,500 (FY 2022) | •••• | •••• | •••• | Roorkee, Uttarakhand, India | |
| Shivasthan Vincom Private Limited | ₹26,500 (FY 2024) | •••• | •••• | 685.0% | •••• | Kolkata, West Bengal, India |
| Publicity Promotion Products (India) Private Limited | ₹26,500 (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Hallosmart India Ventures Private Limited | ₹26,500 (FY 2019) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Hallmark Traders Private Limited | ₹26,500 (FY 2024) | •••• | •••• | 430.0% | •••• | Howrah, West Bengal, India |
| Mangalam Durobuild Private Limited | ₹26,500 (FY 2023) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Switchgrass Saree Mechants by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Switchgrass Saree Mechants Limited
Switchgrass Saree Mechants has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivratri Also directs: Sunbird Iron Traders Limited, Simran Leather Merchants Limited, Snowhill Migration Consultants Limited and 5 more | Director | 15 Apr 2021 | 5 Years 5 Months | Current |
| Fakir Chand Patail Also directs: Sunbird Iron Traders Limited, Tailflower Auto Parts Suppliers Limited, Simran Leather Merchants Limited and 5 more | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
| Raj Kumar Chandrakar Also directs: JMD Solvents Private Limited, Sunbird Iron Traders Limited, Tailflower Auto Parts Suppliers Limited and 5 more | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Switchgrass Saree Mechants Limited
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 Switchgrass Saree Mechants Limited
Switchgrass Saree Mechants Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Switchgrass Saree Mechants Limited
Employment history and EPFO contributions of people linked to Switchgrass Saree Mechants.
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.
CIN History of Switchgrass Saree Mechants Limited
Switchgrass Saree Mechants has one previous CIN (Corporate Identification Number): U17291WB2012PTC187920. The current CIN is U17291WB2012PLC187920, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17291WB2012PLC187920 | Current |
| U17291WB2012PTC187920 | Previous |
Recent Activity on Switchgrass Saree Mechants Limited
Switchgrass Saree Mechants Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Puja Devi Bari ceased to be Director on 15 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Switchgrass Saree Mechants Limited
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 Switchgrass Saree Mechants Limited
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 Switchgrass Saree Mechants Limited
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 Switchgrass Saree Mechants Limited
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 Switchgrass Saree Mechants Limited
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 Switchgrass Saree Mechants Limited
Switchgrass Saree Mechants is an active public limited company based in Kolkata, West Bengal, India. The company works in other wholesale, within the trading industry. It was incorporated on 05 November 2012 (14+ years old) and is registered under CIN U17291WB2012PLC187920.
Switchgrass Saree Mechants reported revenue of ₹26,500 for FY 2024 (up 465% YoY).
Switchgrass Saree Mechants has 3 current directors:
- Shivratri - Director
- Fakir Chand Patail - Director
- Raj Kumar Chandrakar - Director
Switchgrass Saree Mechants reported a net profit of ₹174 (net margin 0.7%) and EBITDA of ₹235 (EBITDA margin 0.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Switchgrass Saree Mechants is 53% over five years. In the latest year (FY 2024) revenue rose 465%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Switchgrass Saree Mechants is U17291WB2012PLC187920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Switchgrass Saree Mechants was incorporated on 05 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Switchgrass Saree Mechants by revenue are Avni Handmade Crafts Private Limited, Widc Solutions Private Limited, XL Crosslink Polymers Private Limited, Hotei Private Limited, Lambodar Commotrade Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Puja Devi Bari ceased to be Director on 15 Apr 2021. Shivratri was appointed as Director on 15 Apr 2021. Avinash Kumar Singh ceased to be Director on 31 Mar 2021. Switchgrass Saree Mechants has 9 board changes on record in total.
The registered office of Switchgrass Saree Mechants is at 12 Sir Hari Ram Goenka Street, Kolkata, West Bengal, India – 700007.
Switchgrass Saree Mechants has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.5 Lakh.