MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0001585
Saga Elastomer Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.68 Cr
▼ 4% YoY
Net loss · FY 2024
₹55.45 Lakh
Net margin -4.4%
EBITDA · FY 2024
₹39.54 Lakh
EBITDA margin 3.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹6.88 Cr
Satisfied ₹5.71 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
44
Provident fund records
About Saga Elastomer Private Limited
Data last updated:
Saga Elastomer Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 09 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25191MH2008PTC184440. Its GSTIN is 27AAMCS1406M1Z3 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Smita Milind Laddha and Mohanlal Jagannath Laddha.
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.68 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹55.45 Lakh (net margin -4.4%) and EBITDA of ₹39.54 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saga Elastomer. As per MCA filings, the company has open charges of ₹6.88 Cr and satisfied charges of ₹5.71 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Saga Elastomer Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0001585). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sagaelastomer.com.
Company details
CIN U25191MH2008PTC184440
Registration Number 184440
Incorporation Date 09 July 2008
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-17-0001585
Key People
Smita Milind Laddha Director Mohanlal Jagannath Laddha Director Milind Mohanlal Laddha Director Recognitions & Rankings of Saga Elastomer
Contact details
Saga Elastomer Private Limited's registered office is in Thane, Maharashtra. Its website is sagaelastomer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No. – 1 Plot No – 6 Dewan & Sons Industrial Complex Aliyali Village Taluka – Palgha, R, Thane, Maharashtra, India – 401404
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Saga Elastomer Private Limited, buy the company report.
Comprehensive company report
Saga Elastomer Private 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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Brands
Saga Elastomer operates one associated brand: Saga Elastomer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures custom rubber products for mining, shipping, and automotive industries. | sagaelastomer.com |
Business activity
The main business activity of Saga Elastomer is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Saga Elastomer Private Limited, buy the company report.
Financials of Saga Elastomer Private Limited
FY 2025 filings availableSaga Elastomer Private Limited reported revenue of ₹12.68 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹12.68 Cr ▼ 4%
Net loss · FY 2024
₹55.45 Lakh margin -4.4%
EBITDA · FY 2024
₹39.54 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 22%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 11%
5 years · compounded
▼ 7%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 56% 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 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 | ₹39.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹55.45 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | -4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Saga Elastomer Private Limited, buy the company report.
Board of directors of Saga Elastomer Private Limited
Saga Elastomer has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smita Milind Laddha | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
| Mohanlal Jagannath Laddha | Director | 01 Mar 2013 | 13 Years 7 Months | Current |
| Milind Mohanlal Laddha | Director | 09 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Saga Elastomer Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GTF Tyres Private Limited | ₹12.85 Cr (FY 2025) | -1.0% | Hodal, Haryana, India | |||
| Shivalik Reclamation Pvt Ltd | ₹12.79 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Svan Elastomer Solutions Private Limited | ₹12.78 Cr (FY 2023) | -33.0% | Bangalore, Karnataka, India | |||
| Jupiter Rubber Pvt Ltd | ₹12.76 Cr (FY 2024) | 59.0% | Kolkata, West Bengal, India | |||
| Parkman Elastomers Private Limited | ₹12.71 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Saga Elastomer Private Limitedthis company | ₹12.68 Cr (FY 2024) | -₹55.45 Lakh | -4.4% | -4.0% | 44 | Thane, Maharashtra, India |
| Elitee Speciality Polymers Private Limited | ₹12.67 Cr (FY 2025) | 9251.0% | Ahmedabad, Gujarat, India | |||
| Sankar Elastomers Private Limited | ₹12.63 Cr (FY 2025) | -43.0% | Chennai, Tamil Nadu, India | |||
| Shree Bihari Ji Rubber Industries Private Limited | ₹12.62 Cr (FY 2025) | 13.0% | Kanpur, Uttar Pradesh, India | |||
| Boyce Rubber Estates Private Limited | ₹12.6 Cr (FY 2023) | -18.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Saga Elastomer Private Limited, buy the company report.
Auditor
Saga Elastomer Private Limited is audited by CHETAN N. DEDHIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN N. DEDHIA | FY 2023 | 044402 |
Shareholding
The shareholding of Saga Elastomer Private 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 Saga Elastomer Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.88 Cr
Satisfied charges
₹5.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2023 | 100791621 | Others | ₹2.88 Cr | Open | |
| 31 Aug 2023 | 100791628 | Others | ₹1.11 Cr | Open | |
| 31 Aug 2023 | 100791645 | Others | ₹1 Cr | Open | |
| 06 Jul 2022 | 100631692 | Axis Bank Limited | ₹1.89 Cr | Open | |
| 02 Feb 2021 | 100448674 | Others | ₹39.66 Lakh | Satisfied |
To see the full charge records of Saga Elastomer Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Saga Elastomer Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Commercial suit | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-H) | Filed against the company by an individual | Disposed |
To see the full case history of Saga Elastomer Private 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
Saga Elastomer Private Limited has 5 MSME Form 1 returns on record between 2020 and 2024, listing 57 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| B.P.Chemicals | |||
| M.K.Marketing | |||
| Twin Engineers | |||
| Vikas Elastochem Agencies Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Saga Elastomer Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Saga Elastomer Private Limited has a workforce of 44 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
12.82%
GST
Saga Elastomer has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS1406M1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saga Elastomer Private Limited, buy the company report.
Recent activity
Saga Elastomer Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Smita Milind Laddha ceased to be Additional Director on 30 Nov 2021.
AGM
Saga Elastomer Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saga Elastomer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 02 Feb 2021 via Charge ID 100448674 with Others was fully satisfied on 15 Sep 2023.
Charges
A charge with Others amounted to Rs. 288.00 Lakh with Charge ID 100791621 was registered on 31 Aug 2023.
Charges
A charge with Others amounted to Rs. 111.30 Lakh with Charge ID 100791628 was registered on 31 Aug 2023.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100791645 was registered on 31 Aug 2023.
Charges
A charge registered on 30 Nov 2017 via Charge ID 100157288 with Others was fully satisfied on 15 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 189.00 Lakh with Charge ID 100631692 was registered on 06 Jul 2022.
Ceased
Smita Milind Laddha ceased to be Additional Director.
Appointed
Smita Milind Laddha was appointed as Director.
Charges
A charge with Others amounted to Rs. 39.66 Lakh with Charge ID 100448674 was registered on 02 Feb 2021.
Charges
A charge with Others of Rs. 218.00 Lakh registered on 30 Nov 2017 with Charge ID 100157288 was modified on 26 Dec 2018.
13 earlier events are in the company report.
Frequently asked questions
Saga Elastomer is an active private limited company based in Thane, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 09 July 2008 (18+ years old) and is registered under CIN U25191MH2008PTC184440.
Saga Elastomer has 3 current directors:
- Smita Milind Laddha - Director
- Mohanlal Jagannath Laddha - Director
- Milind Mohanlal Laddha - Director
The latest financial statements of Saga Elastomer 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 Saga Elastomer is 27AAMCS1406M1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saga Elastomer is U25191MH2008PTC184440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saga Elastomer has 3 court cases on record: 3 filed against it. 2 are pending.
Saga Elastomer was incorporated on 09 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saga Elastomer by revenue are GTF Tyres Private Limited, Shivalik Reclamation Pvt Ltd, Svan Elastomer Solutions Private Limited, Jupiter Rubber Pvt Ltd, Parkman Elastomers Private Limited and 4 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Smita Milind Laddha ceased to be Additional Director on 30 Nov 2021. Smita Milind Laddha was appointed as Director on 22 Jul 2021. Dinesh Kishandas Gandhi ceased to be Director on 04 Mar 2013. Saga Elastomer has 5 board changes on record in total.
Yes, Saga Elastomer is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0001585).
Saga Elastomer has 5 MSME Form 1 returns on record between 2020 and 2024, listing 57 overdue payments to 25 micro and small suppliers. The latest return was filed on 01 May 2024.
Saga Elastomer can be reached through the website sagaelastomer.com. Its registered office is in Thane, Maharashtra, India.