Sagar Systech Limited

Develops software and provides web designing services in India since 1984.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sagar Systech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.20 M
  • Company Age 40 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 141.56%
  • Profit Growth 452.46%
  • Ebitda -15.94%
  • Net Worth -15.67%
  • Total Assets -17.94%

About Sagar Systech

Sagar Systech Limited (SSL) is a Public Limited Indian Non-Government Company incorporated in India on 27 April 1984 and has a history of 40 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511254.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.20 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sagar Systech Limited India are Tejal Chheda as COMPANY SECRETARY and Kalpesh Damor as Cfo. Mehul Patel, Meena Babu, Vijay Vora, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sagarsystech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65990MH1984PLC032779

  • Company No.

    032779

  • Stock Symbol

    BSE : 511254

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1984

  • Date of AGM

    04 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

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

Executive Team (3)

NameDesignationAppointment DateStatus
Tejal Chheda Company Secretary15-May-2023Current
Kalpesh Damor Country flag representing In CFO10-Aug-2018Current
Meena Babu Country flag representing In Managing Director29-May-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Mehul Patel Country flag representing In Director 29-May-2018Current
Vijay Vora Country flag representing In Director 29-May-2018Current
Mukesh Babu Country flag representing In Director 21-Mar-2000Current

Financial Performance of Sagar Systech.

Sagar Systech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 141.56% increase. The company also saw a substantial improvement in profitability, with a 452.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.67%.

Sagar Systech revenue growth over time
Sagar Systech 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
141.56%
Revenue from Operations
Total Assets
-17.94%
Profit or Loss
452.46%
Net Worth
-15.67%
EBITDA
-15.94%

What is the Ownership and Shareholding Structure of Sagar Systech?

In 2023, Sagar Systech had a promoter holding of 70.78% and a public holding of 29.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sagar Systech?

Unlock and access historical data on people associated with Sagar Systech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sagar Systech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sagar Systech, 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 Systech'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 Systech

Recent activity within the organization

  • Annual General Meeting

    Sagar Systech Limited last Annual general meeting of members was held on 04 Aug 2023 as per latest MCA records.

  • Director Appointment

    Tejal Haresh Chheda was appointed as a Company Secretary was appointed as a Company Secretary on 15 May 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Sagar Systech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Mehul Dashrathlal Patel was appointed as a Director was appointed as a Director on 29 May 2018 & has been associated with this company since 6 years 9 months .

  • Director Appointment

    Meena Mukesh Babu was appointed as a Managing Director was appointed as a Managing Director on 29 May 2018 & has been associated with this company since 6 years 9 months .

  • Director Appointment

    Vijay Lavchand Vora was appointed as a Director was appointed as a Director on 29 May 2018 & has been associated with this company since 6 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sagar Systech Limited?

    Sagar Systech Limited was incorporated on 27 Apr 1984.

  • What is authorized share capital and paid-up capital of Sagar Systech Limited?

    The authorized share capital of Sagar Systech Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.20 M.

  • Who are the current board members & directors of Sagar Systech Limited?

    Currently 6 directors are associated with Sagar Systech Limited.

    • Mehul Dashrathlal Patel
    • Tejal Haresh Chheda
    • Kalpesh Suresh Damor
    • Meena Mukesh Babu
    • Vijay Lavchand Vora
    • Mukesh Champaklal Babu

  • What is the registered address of Sagar Systech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Systech Limited is 12-A/1 New Sionco-Op Hsg Soc Ltd Opp, S I E S College Sion (West), Mumbai, Maharashtra, India, 400022.

  • What is the corporate identification number (CIN) and company number of Sagar Systech Limited?

    The corporate identification number (CIN) of Sagar Systech Limited is L65990MH1984PLC032779 and the company number is 032779 as per Ministry of Corporate Affairs (MCA).

  • Is Sagar Systech Limited registered with any stock exchange in India?

    Yes, Sagar Systech Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Sagar Systech Limited?

    The Official website of Sagar Systech Limited is https://www.sagarsystech.com

  • What has been the recent revenue trend for Sagar Systech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sagar Systech Limited has risen by 141.56%.

  • What change has been observed in the net worth of Sagar Systech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sagar Systech Limited has experienced an downturn of -15.67%.

  • When was the last Balance Sheet of Sagar Systech Limited filed with the ROC?

    The most recent Balance Sheet for Sagar Systech Limited was filed with the ROC on 31 Mar 2023.

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