Sagar Polytechnik Limited

Manufactures and supplies PVC and CPVC pipes, fittings, and hoses for agricultural and industrial use.

2013 | Rajkot, Gujarat (India) | Active
Last Updated: November 16, 2024

Sagar Polytechnik Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.75 Cr
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.99 Cr
  • Satisfied Charges ₹ 5.29 M
  • Revenue Growth -30.96%
  • Profit Growth -22.57%
  • Ebitda -14.95%
  • Net Worth 14.54%
  • Total Assets 0.69%

About Sagar Polytechnik

Sagar Polytechnik Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 May 2013 and has a history of 11 years and eight months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.75 Cr.

The company currently has active open charges totaling ₹32.99 Cr. The company has closed loans amounting to ₹5.29 M, as per Ministry of Corporate Affairs (MCA) records.

Vijaykumar Kansagara, Denishkumar Kansagara, and Hershey Kansagara serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25191GJ2013PLC075316

  • Company No.

    075316

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Sagar Polytechnik Limited offer?

Sagar Polytechnik Limited offers a wide range of products and services, including Hoses & Hose Fittings, Hose Pipes, Suction Hose, PVC, CPVC, HDPE Water Pipe Fittings, Plastic Elbow, Plastic Tee, Plumbing Pipe, UPVC Plumbing Pipes, Pipe Elbows, Reducing Elbow.

Who are the key members and board of directors at Sagar Polytechnik?

Board Members (3)

Name Designation Appointment Date Status
Denishkumar Kansagara Country flag representing In Whole-Time Director 28-May-2013 Current
Vijaykumar Kansagara Country flag representing In Whole-Time Director 28-May-2013 Current
Hershey Kansagara Country flag representing In Whole-Time Director 29-Apr-2019 Current

Financial Performance of Sagar Polytechnik.

Sagar Polytechnik Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.96% decrease. The company also saw a substantial fall in profitability, with a 22.57% decrease in profit. The company's net worth Soared by an impressive increase of 14.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-30.96%
Revenue from Operations
-30.82%
Total Assets
0.69%
Profit or Loss
-22.57%
Net Worth
14.54%
EBITDA
-14.95%

What is the Ownership and Shareholding Structure of Sagar Polytechnik?

In 2023, Sagar Polytechnik had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.99 Cr

Satisfied Charges

₹0.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 32.29 Cr
  • Axis Bank Limited : 0.51 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
15 Feb 2022 Axis Bank Limited ₹1.80 M Open
18 Oct 2021 Axis Bank Limited ₹3.30 M Open
08 Oct 2021 Hdfc Bank Limited ₹1.95 M Open
22 Mar 2019 Others ₹2.25 Cr Open
28 May 2013 Others ₹30.04 Cr Open

How Many Employees Work at Sagar Polytechnik?

Sagar Polytechnik has a workforce of 23 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sagar Polytechnik, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sagar Polytechnik's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sagar Polytechnik

Recent activity within the organization

  • Annual General Meeting

    Sagar Polytechnik Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sagar Polytechnik Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 30.04 Cr registered on 28 May 2013 with Charge ID 10433419 was modified on 09 Sep 2022.

    09 Sep 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100540727 was registered on 15 Feb 2022.

    15 Feb 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100502436 was registered on 18 Oct 2021.

    18 Oct 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100505290 was registered on 08 Oct 2021.

    08 Oct 2021

Frequently asked questions

  • Sagar Polytechnik Limited was incorporated on 28 May 2013.

  • The authorized share capital of Sagar Polytechnik Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.75 Cr.

  • Currently 3 directors are associated with Sagar Polytechnik Limited.

    • Vijaykumar Jadavbhai Kansagara
    • Denishkumar Vijaybhai Kansagara
    • Hershey Denishbhai Kansagara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Polytechnik Limited is Plot No. 2819 To 2826 Lodhika G.I.D.C., Metoda India, Rajkot, Gujarat, 360021.

  • The corporate identification number (CIN) of Sagar Polytechnik Limited is U25191GJ2013PLC075316 and the company number is 075316 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sagar Polytechnik Limited is https://www.sagarpolymers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sagar Polytechnik Limited has fallen by -30.96%.

  • As Per 2023 financial reports, 23 employees are currently employed by Sagar Polytechnik Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sagar Polytechnik Limited has experienced an upsurge of 14.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sagar Polytechnik Limited amount to ₹ 32.99 Cr.

  • The most recent Balance Sheet for Sagar Polytechnik Limited was filed with the ROC on 31 Mar 2024.

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