Sarthak Industries Limited

Manufactures LPG cylinders and trades agri-commodities for oil and private companies.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated: October 04, 2024

Sarthak Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 9.29 Cr
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.02 Cr
  • Satisfied Charges ₹ 65.95 Cr
  • Revenue Growth -62.89%
  • Profit Growth -54.80%
  • Ebitda -137.66%
  • Net Worth -1.73%
  • Total Assets -12.84%

About Sarthak Industries

Sarthak Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 December 1982 and has a history of 42 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531930.

The Corporate was formerly known as Avanti Lpg (India) Limited. The Company is engaged in the Agriculture 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 20.00 Cr and a paid-up capital of Rs 9.29 Cr.

The company currently has active open charges totaling ₹26.02 Cr. The company has closed loans amounting to ₹65.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sarthak Industries Limited India are Om Mundra as CFO and Riya Bhandari as Company Secretary. Ajay Peshkar, Deepika Arora, Nimishek Ved, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sarthakindustries.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1982PLC136834

  • Company No.

    136834

  • Stock Symbol

    BSE : 531930

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1982

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Agriculture
Food and Beverages
Machinery and Equipment

Who are the key members and board of directors at Sarthak Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Om Mundra CFO05-Jul-2022Current
Riya Bhandari Company Secretary01-Apr-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Deepika Arora Country flag representing In Director 16-Mar-2015Current
Ajay Peshkar Country flag representing In Whole-Time Director 19-May-2023Current
Nimishek Ved Country flag representing In Director 27-Nov-2017Current
Shashikant Padgil Country flag representing In Director 01-Aug-2023Current
Ankita Hasmukhdas Country flag representing In Director 01-Aug-2023Current

Financial Performance of Sarthak Industries.

Sarthak Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.89% decrease. The company also saw a substantial fall in profitability, with a 54.8% decrease in profit. The company's net worth dipped by a decrease of 1.73%.

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
-62.89%
Revenue from Operations
-64.39%
Total Assets
-12.84%
Profit or Loss
-54.80%
Net Worth
-1.73%
EBITDA
-137.66%

What is the Ownership and Shareholding Structure of Sarthak Industries?

In 2023, Sarthak Industries had a promoter holding of 36.27% and a public holding of 63.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.02 Cr

Satisfied Charges

₹65.95 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 14.39 Cr
  • Others : 11.62 Cr
  • State Bank Of India : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2024State Bank Of India₹0.02 MOpen
22 Oct 2021Hdfc Bank Limited₹0.95 MOpen
26 Aug 2021Others₹6.20 MOpen
10 Feb 2020Hdfc Bank Limited₹3.00 MOpen
05 Feb 2018Hdfc Bank Limited₹14.00 CrOpen

How Many Employees Work at Sarthak Industries?

Sarthak Industries has a workforce of 22 employees as of Apr 09, 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 Sarthak Industries, 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 Sarthak Industries'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 Sarthak Industries

Recent activity within the organization

  • Annual General Meeting

    Sarthak Industries Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.00 Cr with Charge ID 100940997 was registered on 17 Jun 2024.

    17 Jun 2024

  • Balance Sheet

    Sarthak Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 18 Sep 2020 via Charge ID 100389296 with Others was fully satisfied on 31 Oct 2023.

    31 Oct 2023

  • Director Appointment

    Shashikant Padgil was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Director Appointment

    Ankita Sethi Hasmukhdas was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

Frequently asked questions

  • Sarthak Industries Limited was incorporated on 23 Dec 1982.

  • The authorized share capital of Sarthak Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 9.29 Cr.

  • Currently 7 directors are associated with Sarthak Industries Limited.

    • Ajay Peshkar
    • Deepika Arora
    • Nimishek Ved
    • Shashikant Padgil
    • Ankita Sethi Hasmukhdas
    • Om Prakash Mundra
    • Riya Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarthak Industries Limited is Room No. 4 Anna Bhuvan 3Rd Floor, 87C Devji Ratansi Marg Dana Bunder, Mumbai, Maharashtra, India, 400009.

  • The corporate identification number (CIN) of Sarthak Industries Limited is L99999MH1982PLC136834 and the company number is 136834 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sarthak Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sarthak Industries Limited is https://www.sarthakindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sarthak Industries Limited has fallen by -62.89%.

  • As Per 2023 financial reports, 22 employees are currently employed by Sarthak Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sarthak Industries Limited has experienced an downturn of -1.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sarthak Industries Limited amount to ₹ 26.02 Cr.

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

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