Sara Textiles Limited

This company manufactures and trades various textile products, with a focus on towels and linens.

2003 | Delhi (India) | Active
Last Updated: January 13, 2025

Sara Textiles Profile

Key Indicators

  • Authorised Capital ₹ 54.75 Cr
  • Paid Up Capital ₹ 46.03 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 249.99 Cr
  • Satisfied Charges ₹ 417.45 Cr
  • Revenue Growth 27.59%
  • Profit Growth 692.62%
  • Ebitda 5.62%
  • Net Worth 4.03%
  • Total Assets 0.89%

About Sara Textiles

Sara Textiles Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 2003 and has a history of 21 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Goods 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 54.75 Cr and a paid-up capital of Rs 46.03 Cr.

The company currently has active open charges totaling ₹249.99 Cr. The company has closed loans amounting to ₹417.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sara Textiles Limited India are Shyam Dwivedi as Ceo, Harshit Jain as Company Secretary, and Preeti Kumar as Cfo. Devinder Singh, Deepit Singh, Shyam Dwivedi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saratextiles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101DL2003PLC123708

  • Company No.

    123708

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 2003

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods
Manufacturing

What products or services does Sara Textiles Limited offer?

Sara Textiles Limited offers a wide range of products and services, including Towels, Napkins & Handkerchieves, Kitchen Towel, Towels, Hotel Towel, Bath Towel, Cotton Bath Towel, Home Decor Fabric, Home Decor & Furnishing Fabrics.

Who are the key members and board of directors at Sara Textiles?

Executive Team (4)

NameDesignationAppointment DateStatus
Deepit Singh Country flag representing In Managing Director26-Dec-2003Current
Shyam Dwivedi Country flag representing In CEO01-Apr-2009Current
Harshit Jain Country flag representing In Company Secretary25-Jul-2024Current
Preeti Kumar CFO18-Mar-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Kanika Rani Country flag representing In Director 01-Jul-2024Current
Gurbani Kaur Country flag representing In Director 01-Jul-2024Current
Devinder Singh Country flag representing In Whole-Time Director 26-Dec-2003Current
Shyam Dwivedi Country flag representing In Whole-Time Director and Ceo 26-Dec-2003Current
Devinder Singh Country flag representing In Director 23-Jul-2024Current

Financial Performance of Sara Textiles.

Sara Textiles Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.59% increase. The company also saw a substantial improvement in profitability, with a 692.62% increase in profit. The company's net worth moved up by a moderate rise of 4.03%.

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
27.59%
Revenue from Operations
26.89%
Total Assets
0.89%
Profit or Loss
692.62%
Net Worth
4.03%
EBITDA
5.62%

What is the Ownership and Shareholding Structure of Sara Textiles?

In 2022, Sara Textiles had a promoter holding of 93.82% and a public holding of 6.19%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹249.99 Cr

Satisfied Charges

₹417.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 246.49 Cr
  • State Bank Of India : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2023Others₹1.00 MOpen
20 Jun 2023Others₹4.60 MOpen
08 May 2023Others₹67.00 CrOpen
08 May 2023Others₹67.00 CrOpen
23 Mar 2023Others₹3.00 MOpen

How Many Employees Work at Sara Textiles?

Sara Textiles has a workforce of 688 employees as of Apr 05, 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 Sara Textiles, 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 Sara Textiles'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 Sara Textiles

Recent activity within the organization

  • Annual General Meeting

    Sara Textiles Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Director Appointment

    Harshit Jain was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jul 2024 & has been associated with this company since 6 months 30 days .

    25 Jul 2024

  • Director Appointment

    Devinder Pradeep Singh was appointed as a Director was appointed as a Director on 23 Jul 2024 & has been associated with this company since 7 months 1 day .

    23 Jul 2024

  • Director Appointment

    Kanika Rani was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 7 months 23 days .

    01 Jul 2024

  • Director Appointment

    Gurbani Kaur was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 7 months 23 days .

    01 Jul 2024

  • Balance Sheet

    Sara Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

Frequently asked questions

  • Sara Textiles Limited was incorporated on 26 Dec 2003.

  • The authorized share capital of Sara Textiles Limited is ₹ 54.75 Cr and paid-up capital is ₹ 46.03 Cr.

  • Currently 9 directors are associated with Sara Textiles Limited.

    • Devinder Pal Singh
    • Deepit Singh
    • Shyam Mohan Dwivedi
    • Kanika Rani
    • Devinder Pradeep Singh
    • Gurbani Kaur
    • Shyam Mohan Dwivedi
    • Harshit Jain
    • Preeti Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sara Textiles Limited is A-31Hauz Khas India, New Delhi, 110016.

  • The corporate identification number (CIN) of Sara Textiles Limited is U18101DL2003PLC123708 and the company number is 123708 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sara Textiles Limited is https://www.saratextiles.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sara Textiles Limited has risen by 27.59%.

  • As Per 2022 financial reports, 688 employees are currently employed by Sara Textiles Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sara Textiles Limited has experienced an upsurge of 4.03%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sara Textiles Limited amount to ₹ 249.99 Cr.

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

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