Sal Automotive Limited

Manufacturer of seats, seat mechanisms, and agriculture implements for Indian automotive industry.

1974 | Rupnagar, Punjab (India) | Active
Last Updated: November 17, 2024

Sal Automotive Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.40 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.77 Cr
  • Satisfied Charges ₹ 8.28 Cr
  • Revenue Growth 100.70%
  • Profit Growth 302.04%
  • Ebitda 916.41%
  • Net Worth 15.18%
  • Total Assets 23.94%

About Sal Automotive

Sal Automotive Limited (SAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 November 1974 and has a history of 50 years and two months. Its registered office is in Rupnagar, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539353.

The Corporate was formerly known as Swaraj Automotives Limited. The Company is engaged in the Automotive 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 3.50 Cr and a paid-up capital of Rs 2.40 Cr.

The company currently has active open charges totaling ₹29.77 Cr. The company has closed loans amounting to ₹8.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sal Automotive Limited India are Namrata Jain as CFO and Gagan Kaushik as Company Secretary. Rama Sharma, Jamil Ahmad, Uttam Sahay, and Three other members serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L45202PB1974PLC003516

  • Company No.

    003516

  • Stock Symbol

    BSE : 539353

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1974

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Sal Automotive?

Executive Team (3)

NameDesignationAppointment DateStatus
Rama Sharma Country flag representing In Managing Director03-Feb-2016Current
Namrata Jain CFO04-Oct-2023Current
Gagan Kaushik Country flag representing In Company Secretary04-Feb-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Jamil Ahmad Country flag representing In Director 03-Feb-2016Current
Uttam Sahay Country flag representing In Director 27-Feb-2024Current
Kailash Agarwal Country flag representing In Director 20-Aug-2020Current
Rajiv Sharma Country flag representing In Director 03-Feb-2016Current

Financial Performance of Sal Automotive.

Sal Automotive Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 100.7% increase. The company also saw a substantial improvement in profitability, with a 302.04% increase in profit. The company's net worth Soared by an impressive increase of 15.18%.

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
100.70%
Revenue from Operations
101.74%
Total Assets
23.94%
Profit or Loss
302.04%
Net Worth
15.18%
EBITDA
916.41%

What is the Ownership and Shareholding Structure of Sal Automotive?

In 2023, Sal Automotive had a promoter holding of 75.00% and a public holding of 25.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.77 Cr

Satisfied Charges

₹8.28 Cr

Charges Breakdown by Lending Institutions

  • Others : 29.77 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2023Others₹5.00 CrOpen
24 Mar 2022Others₹24.77 CrOpen
27 Sep 2017Others₹1.39 MSatisfied
18 Aug 1997Deutsche Bank₹1.20 CrSatisfied
11 Jul 1984State Bank Oif Patiala₹1.70 MSatisfied

How Many Employees Work at Sal Automotive?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sal Automotive, 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 Sal Automotive'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 Sal Automotive

Recent activity within the organization

  • Annual General Meeting

    Sal Automotive Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Charges

    A charge with Others of Rs. 24.77 Cr registered on 24 Mar 2022 with Charge ID 100552952 was modified on 23 Sep 2024.

    23 Sep 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 30 Mar 2023 with Charge ID 100708336 was modified on 16 Apr 2024.

    16 Apr 2024

  • Balance Sheet

    Sal Automotive Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Uttam Sahay was appointed as a Director was appointed as a Director on 27 Feb 2024 & has been associated with this company since 11 months 4 days .

    27 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100708336 was registered on 30 Mar 2023.

    30 Mar 2023

Frequently asked questions

  • Sal Automotive Limited was incorporated on 20 Nov 1974.

  • The authorized share capital of Sal Automotive Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.40 Cr.

  • Currently 8 directors are associated with Sal Automotive Limited.

    • Rama Kant Sharma
    • Jamil Ahmad
    • Uttam Sahay
    • Namrata Jain
    • Gagan Kaushik
    • Kailash Nath Agarwal
    • Rajiv Sharma
    • Namrata Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sal Automotive Limited is C-127 4Th Floor Sat Guru Infotech Industrial Area Phase-Viii, Sas Nagar India, Mohali, Punjab, 160062.

  • The corporate identification number (CIN) of Sal Automotive Limited is L45202PB1974PLC003516 and the company number is 003516 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sal Automotive Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sal Automotive Limited is https://www.salautomotive.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sal Automotive Limited has risen by 100.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sal Automotive Limited has experienced an upsurge of 15.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sal Automotive Limited amount to ₹ 29.77 Cr.

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

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