
About A P Organics Limited
Data last updated:
A P Organics Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 23 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15143PB1998PLC021323. Its GSTIN is 03AACCA4673L1ZO (Punjab). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹83 Lakh. It was formerly known as A P Organics Private Limited. It is led by directors including Vijay Kumar Goyal (Whole-Time Director) and Isha Vashisht (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹586.91 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹5.7 Cr (net margin 1%) and EBITDA of ₹23.73 Cr (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
The company has about 578 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ricela. As per MCA filings, the company has open charges of ₹610.72 Cr and satisfied charges of ₹136.89 Cr on record. Court records list 20 cases involving the company, including 11 filed by the company and 9 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ricela.com.
Company details
CIN history
A P Organics has one previous CIN (Corporate Identification Number): U15143PB1998PTC021323. The current CIN is U15143PB1998PLC021323, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15143PB1998PLC021323 | Current |
| U15143PB1998PTC021323 | Previous |
Contact details
A P Organics Limited's registered office is in Ludhiana, Punjab. Its website is ricela.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSCO.No.14 First Floor Royal Sector Satara Within Omaxe Royal Residency Pakhowal Ro, Ad, Ludhiana, Punjab, India – 142022
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of A P Organics Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
A P Organics operates one associated brand: Ricela. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of oilseed products | ricela.com |
Business activity
The main business activity of A P Organics is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of A P Organics Limited, buy the company report.
Financials of A P Organics Limited
FY 2024 filings availableA P Organics Limited reported revenue of ₹586.91 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.7 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of A P Organics Limited, buy the company report.
Board of directors of A P Organics Limited
A P Organics has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achhru Ram Sharma Also directs: Ricela Health Foods Limited | Director | 08 Aug 2012 | 14 Years 2 Months | Current |
| Vijay Kumar Goyal Also directs: Ricela Health Foods Limited, Forever Healthy Nutraceutical LLP | Whole-Time Director | 23 Apr 1998 | 28 Years 6 Months | Current |
| Parshotam Dass Also directs: Ricela Health Foods Limited | Director | 23 Apr 1998 | 28 Years 6 Months | Current |
| Ashutosh | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
| Isha Vashisht Also directs: Zeoric Nutrition LLP | Whole-Time Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Puneet Goyal Also directs: The Solvent Extractors Association of India | Whole-Time Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
A P Organics Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Puri Oil Mills Limited. | ₹591.37 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Integrated Edible Oil Refineries Private Limited | ₹590.26 Cr (FY 2025) | 418.0% | Gummidipoondi, Tamil Nadu, India | |||
| Kirti Gold Limited | ₹587.9 Cr (FY 2025) | 67.0% | Latur, Maharashtra, India | |||
| A P Organics Limitedthis company | ₹586.91 Cr (FY 2025) | ₹5.7 Cr | 1% | 18.0% | 578 | Ludhiana, Punjab, India |
| Dhanlaxmi Edibles Private Limited | ₹581.44 Cr (FY 2025) | -29.0% | Gondal, Gujarat, India | |||
| Shri Venkatesh Refineries Limited | ₹575.63 Cr (FY 2024) | -9.0% | Erandol, Maharashtra, India | |||
| Cethar Foods Private Limited | ₹574.34 Cr (FY 2022) | 73.0% | Tirchirapalli, Tamil Nadu, India | |||
| Shalimar Chemical Works Private Limited | ₹573.27 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Bhushan Oils and Fats Private Limited | ₹566.28 Cr (FY 2025) | 29.0% | Haryana, India |
To see the full peer comparison of A P Organics Limited, buy the company report.
Auditor
A P Organics Limited is audited by SCV & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SCV & Co. LLP | FY 2023 | 000235N/N500089 |
Shareholding
The shareholding of A P Organics Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of A P Organics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2023 | 100754831 | Axis Bank Limited | ₹2.69 Cr | Open | |
| 24 Apr 2023 | 100761219 | Hdfc Bank Limited | ₹2.75 Cr | Open | |
| 02 Jan 2023 | 100679335 | State Bank of India | ₹50 Cr | Open | |
| 07 Feb 2022 | 100537911 | Yes Bank Limited | ₹6.75 Cr | Open | |
| 02 Nov 2021 | 100507215 | Axis Bank Limited | ₹28.5 Lakh | Open |
To see the full charge records of A P Organics Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
A P Organics Limited has 20 court cases on record: 11 filed by A P Organics, 9 filed against it. 8 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 5 |
| High courts | 7 | 1 | 2 |
| Supreme Court | 2 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangrur, Punjab | Civil suit | Filed by the company against Pelican Grand Motels Pvt. Ltd. | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others and 6 others | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by individuals | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Ors and 4 others | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Pending |
To see the full case history of A P Organics Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
A P Organics Limited was last rated by Crisil on 31 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Dec 2020 |
To see the full credit ratings and regulatory alerts of A P Organics Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for A P Organics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
A P Organics Limited has a workforce of 578 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
A P Organics has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCA4673L1ZO | Punjab | Active | 01 Jul 2017 |
| 23AACCA4673L1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of A P Organics Limited, buy the company report.
Recent activity
A P Organics Limited has 14 board changes on record since 1998: 8 appointments and 6 cessations. The latest: Ashutosh ceased to be Director on 30 Sep 2024.
63 earlier events are in the company report.
Frequently asked questions
A P Organics is an active public limited company based in Ludhiana, Punjab, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 23 April 1998 (28+ years old) and is registered under CIN U15143PB1998PLC021323.
A P Organics has 8 current directors:
- Vijay Kumar Goyal - Whole-Time Director
- Isha Vashisht - Whole-Time Director
- Puneet Goyal - Whole-Time Director
- Achhru Ram Sharma - Director
- Parshotam Dass - Director
- Ashutosh - Director
- Parmod Goyal - Director
- Jyoti Singla - Director
The latest financial statements of A P Organics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of A P Organics is 03AACCA4673L1ZO, registered in Punjab. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 23AACCA4673L1ZM (Madhya Pradesh).
The CIN (Corporate Identification Number) of A P Organics is U15143PB1998PLC021323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A P Organics has 20 court cases on record: 11 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
A P Organics was incorporated on 23 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of A P Organics by revenue are Puri Oil Mills Limited, Integrated Edible Oil Refineries Private Limited, Kirti Gold Limited, Dhanlaxmi Edibles Private Limited, Shri Venkatesh Refineries Limited and 3 more, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Ashutosh ceased to be Director on 30 Sep 2024. Isha Vashisht was appointed as Whole-Time Director on 30 Sep 2024. Parmod Goyal was appointed as Director on 30 Sep 2024. A P Organics has 14 board changes on record in total.
A P Organics can be reached through the website ricela.com. Its registered office is in Ludhiana, Punjab, India.
The registered office of A P Organics is at SCO.No.14 First Floor Royal Sector Satara Within Omaxe Royal Residency Pakhowal Ro, Ad, Ludhiana, Punjab, India – 142022.

