About Dewan Sugars Limited
Data last updated:
Dewan Sugars Limited is a public limited company based in Meerut, Uttar Pradesh, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 13 September 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U67120UP1996PLC020075. Its GSTIN is 09AAACD3465H1ZO (Uttar Pradesh).
The company has an authorised share capital of ₹34 Cr and a paid-up capital of ₹33.74 Cr. It is led by directors including Vivek Dewan (Managing Director) and Gaurav Dewan (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at By Pass Road Partapur, Meerut, Uttar Pradesh, India – 250103.
As per the financials filed for FY 2025, the company reported a revenue of ₹279.07 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹6.92 Cr (net margin -2.5%) and EBITDA of ₹17.31 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company has about 231 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹182.62 Cr and satisfied charges of ₹138.22 Cr on record. Court records list 45 cases involving the company, including 40 filed by the company and 2 filed against it; 4 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 dewansugarsindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBy Pass Road Partapur, Meerut, Uttar Pradesh, India – 250103
- IndustryAgriculture, Sugar Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Dewan Sugars Limited
The main business activity of Dewan Sugars is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dewan Sugars Limited FY 2025 filings available
Dewan Sugars Limited reported revenue of ₹279.07 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dewan Sugars Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 42% fall in the latest year. EBITDA fell 65% 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 of Dewan Sugars Limited
| 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 | ₹17.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.92 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 of Dewan Sugars Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dewan Sugars are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dewan Sugars Limited
Dewan Sugars Limited is compared with the companies closest to it by revenue in the Agriculture industry (Sugar). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Loknete Baburao Patil Agro Industries Limited | ₹293.23 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Solapur, Maharashtra, India |
| Parrys Sugar Industries Limited | ₹292.34 Cr (FY 2016) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Shrijee Sugar and Power Private Limited | ₹287.77 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Indore, Madhya Pradesh, India |
| Dhanashree Agro Products Private Limited | ₹282.22 Cr (FY 2022) | •••• | •••• | 17.0% | •••• | Uttaranchal, Uttarakhand, India |
| Shri Subhash Sugar Private Limited | ₹281.74 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Pune City, Maharashtra, India |
| Dewan Sugars Limited this company | ₹279.07 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Meerut, Uttar Pradesh, India |
| Shakti Sugar Mill Private Limited | ₹278.49 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Indore, Madhya Pradesh, India |
| P B S Foods (Sugar) Private Limited | ₹278.33 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Chandpur, Uttar Pradesh, India |
| Shamanur Sugars Limited | ₹277.34 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Davangere, Karnataka, India |
| MRN Bhima Sugar and Power Private Limited | ₹275.79 Cr (FY 2024) | •••• | •••• | 122.0% | •••• | Haveli, Maharashtra, India |
| Lakshmiji Sugar Mills Company Limited | ₹273.47 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Dewan Sugars by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dewan Sugars Limited
Dewan Sugars Limited is audited by S. S. GUPTA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. S. GUPTA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dewan Sugars Limited
Dewan Sugars has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Dewan Also directs: Himalayan Spices and Herbs LLP, Dewan Tyres Limited, Neotech Solutions and Securities Limited and 2 more | Managing Director | 29 Apr 1999 | 27 Years 5 Months | Current |
| Gaurav Dewan Also directs: Dewan Tyres Limited, Neotech Solutions and Securities Limited, Dewan Innovation & Incubation Forum and 1 more | Managing Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Kunal Agarwal Also directs: Neotech Solutions and Securities Limited | Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Mamta Dewan Also directs: Dewan Tyres Limited, Neotech Solutions and Securities Limited, Dewan Innovation & Incubation Forum and 1 more | Whole-Time Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Garima Dewan | Director | 28 Feb 2005 | 21 Years 7 Months | Current |
| Ramesh Chandra Dublish Also directs: Neotech Solutions and Securities Limited | Director | 05 Mar 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Dewan Sugars Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dewan Sugars Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2025 | Hdfc Bank Limited | ₹10.5 Lakh | Open |
| 30 Jan 2025 | Hdfc Bank Limited | ₹11.5 Lakh | Open |
| 30 Jan 2025 | Hdfc Bank Limited | ₹19.5 Lakh | Open |
| 30 Jan 2025 | Hdfc Bank Limited | ₹11.5 Lakh | Open |
| 24 Jul 2024 | Others | ₹30 Cr | Open |
Total charge records: 31 View all charges
Legal Cases of Dewan Sugars Limited
Dewan Sugars Limited has 45 court cases on record: 40 filed by Dewan Sugars, 2 filed against it, 3 where it is another party. 4 cases are pending and 41 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 0 | 2 |
| District courts | 2 | 2 | 2 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| Allahabad High Court | Writ petition | Filed by the company against individuals | Pending |
| Allahabad High Court | Writ petition | Filed by the company against an individual | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P | Disposed |
| Allahabad High Court | Writ petition | Company is another party | Disposed |
Full case history
All 45 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Dewan Sugars Limited
Dewan Sugars Limited has 10 MSME Form 1 returns on record between 2018 and 2022, listing 87 overdue payments to 36 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Dewan Sugars Limited
Dewan Sugars Limited has a workforce of 231 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Dewan Sugars Limited
Dewan Sugars has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Dewan Sugars Limited
Dewan Sugars has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67120UP1996PLC020075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120UP1996PLC020075 | Current |
| L67120UP1983PLC020075 | Previous |
| L67120UP1996PLC020075 | Previous |
Recent Activity on Dewan Sugars Limited
Dewan Sugars Limited has 17 board changes on record since 1999: 6 appointments and 11 cessations. The latest: Ramesh Chandra Dublish was appointed as Director on 05 Mar 2025.
83 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dewan Sugars Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dewan Sugars Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dewan Sugars Limited
Dewan Sugars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACD3465H1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dewan Sugars Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dewan Sugars Limited
Dewan Sugars is an active public limited company based in Meerut, Uttar Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 13 September 1983 (43+ years old) and is registered under CIN U67120UP1996PLC020075.
Dewan Sugars reported revenue of ₹279.07 Cr for FY 2025 (down 42% YoY).
Dewan Sugars has 6 current directors:
- Vivek Dewan - Managing Director
- Gaurav Dewan - Managing Director
- Mamta Dewan - Whole-Time Director
- Kunal Agarwal - Director
- Garima Dewan - Director
- Ramesh Chandra Dublish - Director
Dewan Sugars reported a net loss of ₹6.92 Cr (net margin -2.5%) and EBITDA of ₹17.31 Cr (EBITDA margin 6.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dewan Sugars is -12% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dewan Sugars is 09AAACD3465H1ZO, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Dewan Sugars is U67120UP1996PLC020075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dewan Sugars has 45 court cases on record: 40 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Dewan Sugars was incorporated on 13 September 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Dewan Sugars by revenue are Loknete Baburao Patil Agro Industries Limited, Parrys Sugar Industries Limited, Shrijee Sugar and Power Private Limited, Dhanashree Agro Products Private Limited, Shri Subhash Sugar Private Limited and 5 more, all in the Agriculture industry (Sugar).
Ramesh Chandra Dublish was appointed as Director on 05 Mar 2025. Kunal Agarwal ceased to be Director on 29 Sep 2019. Kunal Agarwal was appointed as Director on 30 Mar 2019. Dewan Sugars has 17 board changes on record in total.
Dewan Sugars has 10 MSME Form 1 returns on record between 2018 and 2022, listing 87 overdue payments to 36 micro and small suppliers. The latest return was filed on 07 Feb 2024.