Aakriti Sugar Mills Private Limited

Aakriti Sugar Mills Private Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U15421MP2006PTC019132 Incorporated 18 December 2006 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2025
₹221.25 Cr
▲ 58% YoY
Net profit · FY 2025
₹11.5 Cr
Net margin 5.2%
EBITDA · FY 2025
₹34.06 Cr
EBITDA margin 15.4%
Authorised capital
₹12.1 Cr
Registered with MCA
Paid-up capital
₹1.16 Cr
Issued & subscribed
Open charges
₹212.02 Cr
Satisfied ₹29.5 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
69
Provident fund records

About Aakriti Sugar Mills Private Limited

Data last updated:

Aakriti Sugar Mills Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Ag8 Ventures Limited. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 18 December 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15421MP2006PTC019132. Its GSTIN is 23AAECM8910E1ZR (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹12.1 Cr and a paid-up capital of ₹1.16 Cr. It was formerly known as Aakriti Sugar and Allied Industries Limited and Aakriti Sugar Mills Limited. It is led by directors including Vedansh Maheshwari and Vivek Maheshwari.

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 404 Skye Corporate Park, Indore, Madhya Pradesh.

As per the financials filed for FY 2025, the company reported a revenue of ₹221.25 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹11.5 Cr (net margin 5.2%) and EBITDA of ₹34.06 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 18% over five years.

The company has about 69 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹212.02 Cr and satisfied charges of ₹29.5 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.

Aakriti Sugar Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0000257). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U15421MP2006PTC019132
Registration Number 019132
Incorporation Date 18 December 2006
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ag8 Ventures Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-10-0000257

Name history

Aakriti Sugar Mills has undergone 3 name changes throughout its history. The company was previously known as Aakriti Sugar And Allied Industries Limited, Aakriti Sugar Mills Limited, and Ma Bhagwati Sugar Mill Limited. The current legal name is Aakriti Sugar Mills Private Limited.

Company NameStatus
Aakriti Sugar Mills Private LimitedCurrent
Aakriti Sugar And Allied Industries LimitedPrevious
Aakriti Sugar Mills LimitedPrevious
Ma Bhagwati Sugar Mill LimitedPrevious

CIN history

Aakriti Sugar Mills has one previous CIN (Corporate Identification Number): U15421MP2006PLC019132. The current CIN is U15421MP2006PTC019132, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15421MP2006PTC019132Current
U15421MP2006PLC019132Previous
Key People
Vedansh Maheshwari Director Vivek Maheshwari Director Hemant Maheshwari Director

Recognitions & Rankings of Aakriti Sugar Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MP-10-0000257

Contact details

Aakriti Sugar Mills Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No. 404 Skye Corporate Park Situated, At Plot No. 25 Scheme No – 78 – 2 Niranjanpur, Indore, Madhya Pradesh, India – 452010
  • Industry
    Agriculture, Sugar Processing

To see the full contact details of Aakriti Sugar Mills Private Limited, buy the company report.

Comprehensive company report
Aakriti Sugar Mills Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Aakriti Sugar Mills is manufacturing. In detail, this covers manufacture of food products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing10Manufacture of food products

To see the full business activity and turnover split of Aakriti Sugar Mills Private Limited, buy the company report.

Financials of Aakriti Sugar Mills Private Limited

FY 2024 filings available

Aakriti Sugar Mills Private Limited reported revenue of ₹221.25 Cr (up 58% YoY) for FY 2025.

Revenue · FY 2025
₹221.25 Cr ▲ 58%
Net profit · FY 2025
₹11.5 Cr margin 5.2%
EBITDA · FY 2025
₹34.06 Cr margin 15.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 37%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 48%
5 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 58% growth in the latest year. EBITDA rose 57% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹34.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.5 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.4%
Net Profit Margin5.2%
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 Aakriti Sugar Mills Private Limited, buy the company report.

Board of directors of Aakriti Sugar Mills Private Limited

Aakriti Sugar Mills has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vedansh Maheshwari
Also directs: Jai Kanha Sugars & Bioenergy Private Limited, Shrijee Buildpro Private Limited, Jawandhiya Foundation
Director21 Dec 20169 Years 10 MonthsCurrent
Vivek Maheshwari
Also directs: Ramdev Agro Products Private Limited, Ramdev Farmer Producer Company Limited, Jai Kanha Sugars & Bioenergy Private Limited and 5 more
Director17 Oct 201610 Years 0 MonthsCurrent
Hemant Maheshwari
Also directs: Revagas Private Limited, Shri Satpuda Warehousing Private Limited
Director07 Mar 20224 Years 8 MonthsCurrent
View all directors

Auditor

Aakriti Sugar Mills Private Limited is audited by MANTRI RANJAN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MANTRI RANJAN & ASSOCIATESFY 2023112278W

Shareholding

The shareholding of Aakriti Sugar Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Aakriti Sugar Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹212.02 Cr
Satisfied charges
₹29.5 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹153.00 Cr
State Bank of India₹59.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Mar 2024100905216Hdfc Bank Limited₹80 CrOpen
15 May 2023100729912Hdfc Bank Limited₹73 CrOpen
28 May 2019100288485State Bank of India₹6.92 CrOpen
31 Oct 201310462118State Bank of India₹25.9 CrOpen
18 Jun 200810128199State Bank of India₹26.2 CrOpen

To see the full charge records of Aakriti Sugar Mills Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aakriti Sugar Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Aakriti Sugar Mills Private Limited has a workforce of 69 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
-6.76%

GST

Aakriti Sugar Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
23AAECM8910E1ZRMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Aakriti Sugar Mills Private Limited, buy the company report.

Recent activity

Aakriti Sugar Mills Private Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Hemant Maheshwari was appointed as Director on 07 Mar 2022.

Charges
A charge with Hdfc Bank Limited of Rs. 80.00 Cr registered on 31 Mar 2024 with Charge ID 100905216 was modified on 16 Apr 2025.
AGM
Aakriti Sugar Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 04 Mar 2023 via Charge ID 100687804 with Axis Bank Limited was fully satisfied on 18 Sep 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 73.00 Cr registered on 15 May 2023 with Charge ID 100729912 was modified on 15 Jul 2024.
Filing
Aakriti Sugar Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 80.00 Cr with Charge ID 100905216 was registered on 31 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 73.00 Cr with Charge ID 100729912 was registered on 15 May 2023.
Charges
A charge with Axis Bank Limited of Rs. 20.00 Cr registered on 04 Mar 2023 with Charge ID 100687804 was modified on 25 Mar 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100687804 was registered on 04 Mar 2023.
Charges
A charge registered on 28 Feb 2015 via Charge ID 10557305 with Intec Capital Limited was fully satisfied on 15 Nov 2022.
Appointed
Hemant Maheshwari was appointed as Director.
Ceased
Sunil Kumar Soni ceased to be Managing Director.

19 earlier events are in the company report.

Frequently asked questions

Aakriti Sugar Mills is an active private limited company based in Indore, Madhya Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 18 December 2006 (20+ years old) and is registered under CIN U15421MP2006PTC019132.

Aakriti Sugar Mills has 3 current directors:

The latest financial statements of Aakriti Sugar Mills 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 Aakriti Sugar Mills is 23AAECM8910E1ZR, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Aakriti Sugar Mills is U15421MP2006PTC019132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aakriti Sugar Mills has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.

Aakriti Sugar Mills was incorporated on 18 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.

Hemant Maheshwari was appointed as Director on 07 Mar 2022. Sunil Kumar Soni ceased to be Managing Director on 07 Mar 2022. Swayam Soni ceased to be Director on 07 Mar 2022. Aakriti Sugar Mills has 13 board changes on record in total.

Yes, Aakriti Sugar Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-10-0000257).

The registered office of Aakriti Sugar Mills is at Unit No. 404 Skye Corporate Park Situated, At Plot No. 25 Scheme No – 78 – 2 Niranjanpur, Indore, Madhya Pradesh, India – 452010.