About Dollex Industries Limited
Data last updated:
Dollex Industries Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the sugar processing segment of the agriculture sector. It was incorporated on 24 August 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L67120MH1994PLC080560. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 02 Apr 2018 · redemption, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.88 Cr. It was led by directors including Firoz Kahn Khan (Managing Director) and Radhakrishna Deshraju.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.06 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹3,837 (net margin 0%) and EBITDA of ₹18.56 Lakh (EBITDA margin 2.6%).
The company was associated with 1 brand: Dollex Industries. Court records list 23 cases involving the company, including 11 filed by the company and 12 filed against it; 1 case is pending. The company has 68 deals on record (67 market trades, 1 acquisition); the latest was in October 2017. Its 4 peer companies in the Agriculture industry (Alcoholic Beverages, Sugar), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 1 smaller; the largest is Solan Food Products Pvt Ltd with revenue of ₹7.14 Cr.
The last known website on record is dollexindustries.com.
Company details
CIN history
Dollex Industries has one previous CIN (Corporate Identification Number): U67120MH1994PLC080560. The current CIN is L67120MH1994PLC080560, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120MH1994PLC080560 | Current |
| U67120MH1994PLC080560 | Previous |
Contact details
Dollex Industries Limited's registered office is in Mumbai, Maharashtra. Its website is dollexindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPremises No. 201 2nd Floor Sarvodaya A – Wing Building No.11 Plot No. 606 Khernagar, Bandra(E), Mumbai, Maharashtra, India – 400051
- IndustryAgriculture, Sugar Processing
To see the full contact details of Dollex Industries 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
Dollex Industries operates one associated brand: Dollex Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of sugar and ethanol | dollexindustries.com |
Business activity
The main business activity of Dollex Industries 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 Dollex Industries Limited, buy the company report.
Financials of Dollex Industries Limited
FY 2017 filings availableDollex Industries Limited reported revenue of ₹7.06 Cr (down 85% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year. EBITDA rose 185% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹7.06 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹18.56 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3,837 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.6% | ||
| Net Profit Margin | 0% | ||
| 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 Dollex Industries Limited, buy the company report.
Board of directors of Dollex Industries Limited
Dollex Industries has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhakrishna Deshraju Also directs: Urja Gyan Foundation | Director | 12 Sep 2009 | 17 Years 1 Months | As last reported |
| Firoz Kahn Khan | Managing Director | 01 Dec 2014 | 11 Years 10 Months | As last reported |
| Vijai Singh Bharaktiya | Director | 20 Jul 2011 | 15 Years 3 Months | As last reported |
| Ruchi Sogani Also directs: Prithviraj Hospitality Limited, Dollex Agrotech Limited | Director | 12 Sep 2009 | 17 Years 1 Months | As last reported |
| Mehmood Khan Also directs: Dollex Agrotech Limited | Director | 20 Jul 2011 | 15 Years 3 Months | As last reported |
Peer comparison
Dollex Industries Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Alcoholic Beverages, Sugar), 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 |
|---|---|---|---|---|---|---|
| Solan Food Products Pvt Ltd | ₹7.14 Cr (FY 2025) | -17.0% | Himachal Pradesh, India | |||
| Brewocrat Services Private Limited | ₹7.13 Cr (FY 2024) | 3.0% | Gurugram, Haryana, India | |||
| Shiva Beverages Private Limited | ₹7.11 Cr (FY 2020) | 446.0% | Guwahati, Assam, India | |||
| Dollex Industries Limitedthis company | ₹7.06 Cr (FY 2017) | ₹3,837 | 0% | -85.0% | Mumbai, Maharashtra, India | |
| Maximus Breweries & Distilleries Private Limited | ₹6.82 Cr (FY 2025) | 776.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Dollex Industries Limited, buy the company report.
Auditor
Dollex Industries Limited is audited by P K SHISHODIYA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K SHISHODIYA & CO | FY 2017 | 003233C |
Shareholding
The shareholding of Dollex Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dollex Industries Limited, buy the company report.
Deals & funding
Dollex Industries Limited has 68 deals on record (67 market trades, 1 acquisition); the latest was in October 2017.
Deals on record (5 of 68)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Acquisition | Undisclosed | Buyer: Parvati Sweetners and Power Limited |
| Oct 2012 | Market trade | ₹17.1 Lakh | Buyer: Marium Leasing and Investment Pvt Ltd Seller: Manojkumar S Kasliwal (Huf) |
| Oct 2012 | Market trade | ₹19.2 Lakh | Buyer: Marium Leasing and Investment Pvt Ltd , R. K. Tankers Private Limited Seller: an individual |
| Jul 2012 | Market trade | ₹27.6 Lakh | Buyer: Marium Leasing and Investment Pvt Ltd , Ninth Mile Recreation Private Limited , an individual Seller: 2 individuals |
| Sep 2011 | Market trade | ₹13.9 Lakh | Seller: Daizy Agrotech Pvt Ltd |
To see the full deal history of Dollex Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dollex Industries Limited has 23 court cases on record: 11 filed by Dollex Industries, 12 filed against it. 1 case is pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 9 | 1 |
| High courts | 9 | 3 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nanded, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-12, Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-12 Mumbai | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Dollex Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dollex Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dollex Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dollex Industries Limited, buy the company report.
Recent activity
Dollex Industries Limited has 27 board changes on record since 2003: 16 appointments and 11 cessations. The latest: Sanjay Tiwari ceased to be Director on 23 Dec 2017.
18 earlier events are in the company report.
Frequently asked questions
Dollex Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Dollex Industries was a public limited company based in Mumbai, Maharashtra, India. The company worked in sugar processing, within the agriculture industry. It was incorporated on 24 August 1994 and is registered under CIN L67120MH1994PLC080560. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Dollex Industries was incorporated on 24 August 1994. It is registered with the Registrar of Companies, Mumbai.
Dollex Industries had 5 directors:
- Firoz Kahn Khan - Managing Director
- Radhakrishna Deshraju - Director
- Vijai Singh Bharaktiya - Director
- Ruchi Sogani - Director
- Mehmood Khan - Director
The CIN (Corporate Identification Number) of Dollex Industries is L67120MH1994PLC080560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dollex Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 02 Apr 2018 · redemption, and no longer trade on a stock exchange.
The registered office of Dollex Industries is at Premises No. 201 2nd Floor Sarvodaya A – Wing Building No.11 Plot No. 606 Khernagar, BandraE, Mumbai, Maharashtra, India – 400051.
Dollex Industries can be reached through the website dollexindustries.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Dollex Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 26 September 2017. Year-wise statements from 2015 are in the company report.
No. Dollex Industries has 2 GST registrations on record and all of them are cancelled or inactive.
Dollex Industries operated in the agriculture industry, in the sugar processing segment.