About Gobind Sugar Mills Ltd.
Data last updated:
Gobind Sugar Mills Ltd. was a public limited company based in Kamla Nagar, Delhi, India, operated as a subsidiary of Zuari Investments Limited. 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 18 August 1952.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN L15421DL1952PLC354222. Its GSTIN is 09AABCG0947N1ZA (Uttar Pradesh). The company held 3 GST registrations, of which 1 is active. It is a listed company as per MCA records.
The company had an authorised share capital of ₹200 Cr and a paid-up capital of ₹131.07 Cr. It was led by directors including Alok Saxena (Whole-Time Director) and Marco Philippus Ardeshir Wadia.
Its last annual general meeting (AGM) was held on 14 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Birla Mill Complex P.O. Birla Lines G T Road Near Clock Tower, Kamla Nagar, Delhi, India – 110007.
As per the financials filed for FY 2021, the company reported a revenue of ₹792.2 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹13.14 Cr (net margin 1.7%) and EBITDA of ₹116.02 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company had about 693 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹662.98 Cr on record. Court records list 69 cases involving the company, including 45 filed by the company and 25 filed against it; 9 cases are pending. The company has 2 deals on record (1 acquisition, 1 funding round); the latest was in January 2017.
The last known website on record is zuarisugar.com.
Company details
CIN history
Gobind Sugar Mills has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15421DL1952PLC354222, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15421DL1952PLC354222 | Current |
| L20577WB1952PLC020577 | Previous |
| L15421WB1952PLC020577 | Previous |
Contact details
Gobind Sugar Mills Ltd.'s registered office is in Kamla Nagar, Delhi. Its website is zuarisugar.com.
- Website
- Registered AddressBirla Mill Complex P.O. Birla Lines G T Road Near Clock Tower, Kamla Nagar, Delhi, India – 110007
- 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
Business activity
The main business activities of Gobind Sugar Mills are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Gobind Sugar Mills Ltd., buy the company report.
Financials of Gobind Sugar Mills Ltd.
FY 2021 filings availableGobind Sugar Mills Ltd. reported revenue of ₹792.2 Cr (up 28% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 28% growth in the latest year. EBITDA rose 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹792.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹116.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.14 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Gobind Sugar Mills Ltd., buy the company report.
Board of directors of Gobind Sugar Mills Ltd.
Gobind Sugar Mills has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marco Philippus Ardeshir Wadia | Director | 21 Aug 2012 | 14 Years 2 Months | As last reported |
| Lingapuram Chandrasekaran Madhyagowder | Director | 08 Feb 2017 | 9 Years 8 Months | As last reported |
| Alok Saxena Also directs: Zuari Industries Limited | Whole-Time Director | 03 Feb 2020 | 6 Years 8 Months | As last reported |
| Manju Gupta Also directs: Zuari Industries Limited, Moonriver Interiors LLP, Vikram Polymers Private Limited and 5 more | Director | 08 Aug 2020 | 6 Years 2 Months | As last reported |
| Athar Shahab Also directs: Zuari Agro Chemicals Limited, Zuari Industries Limited, Texmaco Infrastructure & Holdings Limited and 5 more | Director | 03 Feb 2022 | 4 Years 8 Months | As last reported |
| Akshay Poddar Also directs: GSR Poddar Services LLP, Mangalore Chemicals and Fertilisers Limited, Texmaco Rail & Engineering Limited and 5 more | Director | 12 Jun 2020 | 6 Years 4 Months | As last reported |
Auditor
Gobind Sugar Mills Ltd. is audited by V SANKAR AIYAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SANKAR AIYAR & CO | FY 2021 | 109208W |
Shareholding
The shareholding of Gobind Sugar Mills Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gobind Sugar Mills Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2017 | 100111759 | Others | ₹40 Cr | Satisfied | |
| 26 Aug 2016 | 100046845 | Others | ₹20 Cr | Satisfied | |
| 17 Mar 2016 | 100017220 | Others | ₹34.21 Cr | Satisfied | |
| 17 Sep 2015 | 10596576 | State Bank of India | ₹16.61 Cr | Satisfied | |
| 18 Dec 2014 | 10536742 | Il & Fs Trust Company Limited | ₹75 Cr | Satisfied |
To see the full charge records of Gobind Sugar Mills Ltd., buy the company report.
Total charge records: 20 View all charges
Deals & funding
Gobind Sugar Mills Ltd. has 2 deals on record (1 acquisition, 1 funding round); the latest was in January 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | Undisclosed | Investors: Netherlands Development Finance Company |
| Sep 2014 | Acquisition | Undisclosed | Buyer: Zuari International Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gobind Sugar Mills Ltd. has 69 court cases on record: 45 filed by Gobind Sugar Mills, 25 filed against it. 9 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 53 | 15 | 5 |
| Supreme Court | 10 | 5 | 0 |
| District courts | 5 | 5 | 3 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against Madhyanchal Vidyut Vitran Nigam Ltd. Thru. Managing Director and 1 other | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Soundara Raghavan Rangachari Director of Suspended Board of Directors of Gobind Sugar Mills Limited 9/1 RN Mukherjee Road , District: Kolkata ,Kolkata , West Bengal | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Mitcon Consultancy and Engineering Services Limited Through Its Managing Director 1St Kubera Chambers Shivaji Nagar , District: Pune ,Pune , Maharashtra and 2 others | Disposed |
| Supreme Court | Court case (0419-Indirect Taxes Matters : Interpretation of the Central Excise Act & the rules) | Filed against the company by Avadh Sugar and Energy Ltd Through Finance Controller Through Finance Controller (Earlier Known As the Oudh Sugar Mills Ltd) Hargaon, , District: Sitapur ,Sitapur , Uttar Pradesh | Disposed |
| Supreme Court | Court case (1807-0816-Letter Petition & Pil Matters : SLPs filed against judgments / orders passed by the High Courts in Writ Petitions filed as PIL, Ordinary Civil Matters : Others) | Filed against the company by Dhampur Sugar Mills Ltd. Rep. THR Its Vice President S.K. Bhatnagar Dhampur (NR) , District: Dhampur ,Bijnor , Uttar Pradesh and 11 others | Disposed |
To see the full case history of Gobind Sugar Mills Ltd., 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 Gobind Sugar Mills Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gobind Sugar Mills Ltd. has a workforce of 693 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Gobind Sugar Mills has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCG0947N1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gobind Sugar Mills Ltd., buy the company report.
Recent activity
Gobind Sugar Mills Ltd. has 41 board changes on record since 1975: 24 appointments and 17 cessations. The latest: Soundararaghavan Rangachari ceased to be Managing Director on 15 Feb 2022.
83 earlier events are in the company report.
Frequently asked questions
Gobind Sugar Mills 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.
Gobind Sugar Mills was a public limited company based in Kamla Nagar, Delhi, India. The company worked in sugar processing, within the agriculture industry. It was incorporated on 18 August 1952 and is registered under CIN L15421DL1952PLC354222. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Gobind Sugar Mills was incorporated on 18 August 1952. It is registered with the Registrar of Companies, Delhi.
Gobind Sugar Mills had 7 directors:
- Alok Saxena - Whole-Time Director
- Marco Philippus Ardeshir Wadia - Director
- Lingapuram Chandrasekaran Madhyagowder - Director
- Manju Gupta - Director
- Athar Shahab - Director
- Akshay Poddar - Director
- Bhaskar Chatterjee - Director
The CIN (Corporate Identification Number) of Gobind Sugar Mills is L15421DL1952PLC354222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Gobind Sugar Mills is a listed company as per MCA records.
The registered office of Gobind Sugar Mills is at Birla Mill Complex P.O. Birla Lines G T Road Near Clock Tower, Kamla Nagar, Delhi, India – 110007.
Gobind Sugar Mills can be reached through the website zuarisugar.com. Its registered office is in Kamla Nagar, Delhi, India.
The latest financial statements of Gobind Sugar Mills on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 14 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Gobind Sugar Mills is 09AABCG0947N1ZA, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.