Savita Oil Technologies Limited

Manufacturer of transformer oil, lubricants, and white oil with a refining and wind power capacity.

1961 | Mumbai, Maharashtra (India) | Active
Last Updated:

Savita Oil Technologies Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 13.82 Cr
  • Company Age 63 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,700.06 Cr
  • Satisfied Charges ₹ 501.38 Cr
  • Revenue Growth 4.43%
  • Profit Growth -9.49%
  • Ebitda -24.50%
  • Net Worth 12.16%
  • Total Assets 9.56%

About Savita Oil Technologies

Savita Oil Technologies Limited (SOTL) was founded in India on 19 July 1961 and has a glorious history of 63 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524667 and on the National Stock Exchange(NSE) under SOTL.

The Corporate was formerly known as Stauffer Chemicals Private Limited. The Company is engaged in the Chemicals And Materials 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 30.00 Cr and a paid-up capital of Rs 13.82 Cr.

The company currently has active open charges totaling ₹1,700.06 Cr. The company has closed loans amounting to ₹501.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Savita Oil Technologies Limited India are Sanjeev Madan as CFO and Uday Rege as Company Secretary. Sunder Hariharan, Gautam Mehra, Ravindra Pisharody, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24100MH1961PLC012066

  • Company No.

    012066

  • Stock Symbol

    BSE : 524667 NSE : SOTL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1961

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Environment

What products or services does Savita Oil Technologies Limited offer?

Savita Oil Technologies Limited offers a wide range of products and services, including Architectural & Civil Engineering, Engineering Consultant Service, Petroleum and Petrochemical Products, Liquid Paraffin, Oils, Grease & Lubricants, Engine Coolant, Automotive Oils, Solar & Renewable Energy Products, Solar Power Plants, Gear Oil.

Who are the key members and board of directors at Savita Oil Technologies?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjeev Madan Country flag representing In CFO28-Nov-2023Current
Gautam Mehra Country flag representing In Managing Director01-Oct-2009Current
Uday Rege Country flag representing In Company Secretary01-Jan-2008Current

Board Members (5)

NameDesignationAppointment DateStatus
Ravindra Pisharody Country flag representing In Director 01-Jan-2018Current
Kavita Nair Country flag representing In Director 01-Apr-2024Current
Sunder Hariharan Country flag representing In Director 28-Jan-2019Current
Siddharth Mehra Country flag representing In Whole-Time Director 01-Jul-2017Current
Vishal Sood Whole-Time Director 27-Aug-2024Current

Financial Performance of Savita Oil Technologies.

Savita Oil Technologies Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 4.43% increase. The company also saw a slight decrease in profitability, with a 9.49% decrease in profit. The company's net worth Soared by an impressive increase of 12.16%.

Savita Oil Technologies revenue growth over time
Savita Oil Technologies 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
4.43%
Revenue from Operations
3.04%
Total Assets
9.56%
Profit or Loss
-9.49%
Net Worth
12.16%
EBITDA
-24.50%

What is the Ownership and Shareholding Structure of Savita Oil Technologies?

In 2024, Savita Oil Technologies had a promoter holding of 68.92% and a public holding of 31.09%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,700.06 Cr

Satisfied Charges

₹501.38 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1700.00 Cr
  • Central Bank Of India : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
07 Sep 2000State Bank Of India₹850.00 CrOpen
04 Jul 1992State Bank Of India₹850.00 CrOpen
10 Aug 1981Central Bank Of India₹0.58 MOpen
22 Jul 2019Others₹107.00 CrSatisfied
15 Jul 2013Citibank N. A.₹27.88 CrSatisfied

How Many Employees Work at Savita Oil Technologies?

Savita Oil Technologies has a workforce of 466 employees as of Jan 30, 2025. 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.

Employee growth trends for Savita Oil Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Savita Oil Technologies, 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 Savita Oil Technologies'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 Savita Oil Technologies

Recent activity within the organization

  • Charges

    A charge registered on 13 Nov 2006 via Charge ID 10154918 with State Bank Of India was fully satisfied on 16 Jan 2025.

  • Charges

    A charge registered on 05 Jun 1997 via Charge ID 80064789 with State Bank Of India was fully satisfied on 16 Jan 2025.

  • Annual General Meeting

    Savita Oil Technologies Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Director Appointment

    Vishal Sood was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Aug 2024 & has been associated with this company since 6 months 12 days .

  • Director Appointment

    Kavita Nair was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 11 months 7 days .

  • Balance Sheet

    Savita Oil Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Savita Oil Technologies Limited?

    Savita Oil Technologies Limited was incorporated on 19 Jul 1961.

  • What is authorized share capital and paid-up capital of Savita Oil Technologies Limited?

    The authorized share capital of Savita Oil Technologies Limited is ₹ 30.00 Cr and paid-up capital is ₹ 13.82 Cr.

  • Who are the current board members & directors of Savita Oil Technologies Limited?

    Currently 8 directors are associated with Savita Oil Technologies Limited.

    • Sunder Hariharan
    • Gautam Nandkishore Mehra
    • Ravindra Pisharody
    • Siddharth Gautam Mehra
    • Kavita Nair
    • Vishal Sood
    • Sanjeev Madan
    • Uday Chandrakant Rege
  • What is the registered address of Savita Oil Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Savita Oil Technologies Limited is 66/67, Nariman Bhavan Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Savita Oil Technologies Limited?

    The corporate identification number (CIN) of Savita Oil Technologies Limited is L24100MH1961PLC012066 and the company number is 012066 as per Ministry of Corporate Affairs (MCA).

  • Is Savita Oil Technologies Limited registered with any stock exchange in India?

    Yes, Savita Oil Technologies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SOTL.

  • What is the official website of Savita Oil Technologies Limited?

    The Official website of Savita Oil Technologies Limited is https://www.savita.com

  • What has been the recent revenue trend for Savita Oil Technologies Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Savita Oil Technologies Limited has risen by 4.43%.

  • How many employees does Savita Oil Technologies Limited currently have?

    As Per 2024 financial reports, 466 employees are currently employed by Savita Oil Technologies Limited.

  • What change has been observed in the net worth of Savita Oil Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Savita Oil Technologies Limited has experienced an upsurge of 12.16%.

  • What are the total open charges for Savita Oil Technologies Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Savita Oil Technologies Limited amount to ₹ 1,700.06 Cr.

  • When was the last Balance Sheet of Savita Oil Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Savita Oil Technologies Limited was filed with the ROC on 31 Mar 2024.

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