Golden Sandhar Mills Limited

Golden Sandhar Mills Limited - energy and power in Punjab, India. FY 2026 financials & compliance.
CIN U15421PB2000PLC024002 Incorporated 06 October 2000 ROC Chandigarh HQ Punjab, India
Active Public Limited Company energy and power MSME · Medium
Data last updated
Revenue · FY 2024
₹162.68 Cr
▼ 10% YoY
Net profit · FY 2024
₹4.76 Cr
Net margin 2.9%
EBITDA · FY 2024
₹10.39 Cr
EBITDA margin 6.4%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹19.75 Cr
Issued & subscribed
Open charges
₹47.44 Cr
Satisfied ₹402.25 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
126
Provident fund records

About Golden Sandhar Mills Limited

Data last updated:

Golden Sandhar Mills Limited is a public limited company based in Punjab, India. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 06 October 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15421PB2000PLC024002. Its GSTIN is 03AAACW3332J1ZM (Punjab). The company holds 5 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹19.75 Cr. It was formerly known as Wahid Sandhar Sugars Limited. It is led by directors including Amrik Singh Buttar (Managing Director) and Rajesh Verma.

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 Sugar Mill Complexg T Road Phagwara, Punjab, India.

As per the financials filed for FY 2024, the company reported a revenue of ₹162.68 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.76 Cr (net margin 2.9%) and EBITDA of ₹10.39 Cr (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.

The company has about 126 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Wahid Sandhar Sugars. As per MCA filings, the company has open charges of ₹47.44 Cr and satisfied charges of ₹402.25 Cr on record. Court records list 479 cases involving the company, including 34 filed by the company and 445 filed against it; 16 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.5 Cr; the latest was in February 2018. Its 7 peer companies in the Agriculture industry (Sugar, Thermal Power Plants), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 4 smaller; the largest is Deccan Sugar Private Limited with revenue of ₹170.86 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 53 overdue payments to 4 micro and small suppliers.

Golden Sandhar Mills Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-11-0000529). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wahidsandharsugars.com.

Company details

CIN U15421PB2000PLC024002
Registration Number 024002
Incorporation Date 06 October 2000
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-11-0000529

CIN history

Golden Sandhar Mills has one previous CIN (Corporate Identification Number): L15421PB2000PLC024002. The current CIN is U15421PB2000PLC024002, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15421PB2000PLC024002Current
L15421PB2000PLC024002Previous

Recognitions & Rankings of Golden Sandhar Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-PB-11-0000529

Contact details

Golden Sandhar Mills Limited's registered office is in Punjab. Its website is wahidsandharsugars.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sugar Mill Complexg T Road Phagwara, Punjab, India
  • Industry
    Energy and Power, Thermal Power Generation & Plants

To see the full contact details of Golden Sandhar Mills Limited, buy the company report.

Comprehensive company report
Golden Sandhar Mills 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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Brands

Golden Sandhar Mills operates one associated brand: Wahid Sandhar Sugars. Each brand links to its own profile.

BrandDescriptionWebsite
Supplies high-quality sugar syrups to businesses.wahidsandharsugars.com

Business activity

The main business activity of Golden Sandhar Mills is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Golden Sandhar Mills Limited, buy the company report.

Financials of Golden Sandhar Mills Limited

FY 2024 filings available

Golden Sandhar Mills Limited reported revenue of ₹162.68 Cr (down 10% YoY) for FY 2024.

Revenue · FY 2024
₹162.68 Cr ▼ 10%
Net profit · FY 2024
₹4.76 Cr margin 2.9%
EBITDA · FY 2024
₹10.39 Cr margin 6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 8%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 157%
3 years · compounded
▲ 251%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 10% fall in the latest year. EBITDA rose 157% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹10.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.76 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.4%
Net Profit Margin2.9%
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 Golden Sandhar Mills Limited, buy the company report.

Board of directors of Golden Sandhar Mills Limited

Golden Sandhar Mills has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amrik Singh ButtarManaging Director09 Jan 20242 Years 10 MonthsCurrent
Rajesh VermaDirector26 Feb 20242 Years 8 MonthsCurrent
Birender Singh KathpalDirector30 Jul 20251 Years 3 MonthsCurrent

Peer comparison

Golden Sandhar Mills Limited is compared with the 7 companies closest to it by revenue in the Agriculture industry (Sugar, Thermal Power Plants), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Deccan Sugar Private Limited₹170.86 Cr (FY 2025)-1.0%Yavatmal, Maharashtra, India
Tamilnadu Sugar Corporation Limited₹169.54 Cr (FY 2025)-30.0%Chennai, Tamil Nadu, India
DDN Sfa Limited₹165.39 Cr (FY 2025)2.0%Navi Mumbai, Maharashtra, India
Golden Sandhar Mills Limitedthis company₹162.68 Cr (FY 2024)₹4.76 Cr2.9%-10.0%126Punjab, India
Onkar Sakhar Karkhana Private Limited₹156.21 Cr (FY 2024)102.0%Pune, Maharashtra, India
M.V.K. Agro Food Product Limited₹155.8 Cr (FY 2025)8.0%Umari, Maharashtra, India
Shri Gajanan Maharaj Sugar Limited₹154.93 Cr (FY 2023)-13.0%Pune, Maharashtra, India
Hanumant Sugars Private Limited₹154.41 Cr (FY 2025)75.0%Indore, Madhya Pradesh, India

To see the full peer comparison of Golden Sandhar Mills Limited, buy the company report.

Auditor

Golden Sandhar Mills Limited is audited by SMRG AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SMRG AND ASSOCIATESFY 2023031112N

Shareholding

The shareholding of Golden Sandhar Mills Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Golden Sandhar Mills Limited, buy the company report.

Charges & borrowings

Open charges
₹47.44 Cr
Satisfied charges
₹402.25 Cr
Breakdown by lending institutions
State Bank of India₹39.20 Cr
Govt of India Ministry of Consumer Affairs Through Ifci₹5.14 Cr
Government of India Ministry of Consumer Affairs₹3.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jul 201110301146Govt of India Ministry of Consumer Affairs Through Ifci₹5.14 CrOpen
30 Nov 200910187938Government of India Ministry of Consumer Affairs₹1.5 CrOpen
30 Nov 200910187939Government of India Ministry of Consumer Affairs₹1.6 CrOpen
30 Mar 200180022260State Bank of India₹39.2 CrOpen
23 Mar 2021100431755State Bank of India₹8 CrSatisfied

To see the full charge records of Golden Sandhar Mills Limited, buy the company report.

Total charge records: 26 View all charges

Deals & funding

Golden Sandhar Mills Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.5 Cr; the latest was in February 2018.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹15.5 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Feb 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2011Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2009Funding round₹12 CrInvestors: Sandhar Overseas Limited , The Jagatjit Sugars Mills Co Limited, A 1 Exports Private Limited
Mar 2006Funding round₹3.5 CrInvestors: The Jagatjit Sugars Mills Co Limited, A 1 Exports Private Limited , 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Golden Sandhar Mills Limited was last rated by Crisil on 31 Oct 2019.

Rating agencyRated onRating
Crisil31 Oct 2019

To see the full credit ratings and regulatory alerts of Golden Sandhar Mills Limited, buy the company report.

MSME payment delays

Golden Sandhar Mills Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 53 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
N K Organic Inorganic Industries Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Golden Sandhar Mills Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Golden Sandhar Mills has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Golden Sandhar Mills Limited has a workforce of 126 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
126
Active EPFO establishments
1
Employee growth
-5.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27126
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Golden Sandhar Mills Limited, buy the company report.

GST

Golden Sandhar Mills has 5 GST registrations: 1 active and 4 cancelled or inactive.

Total GSTINs
5
Active
1
Cancelled / inactive
4
GSTINStateStatusRegistered on
03AAACW3332J1ZMPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Golden Sandhar Mills Limited, buy the company report.

Recent activity

Golden Sandhar Mills Limited has 30 board changes on record since 2016: 4 appointments and 26 cessations. The latest: Birender Singh Kathpal was appointed as Director on 30 Jul 2025.

Appointed
Birender Singh Kathpal was appointed as Director.
AGM
Golden Sandhar Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Aakash Goel ceased to be Additional Director.
Ceased
Rajesh Verma ceased to be Additional Director.
Charges
A charge registered on 25 Mar 2015 via Charge ID 10565826 with Idbi Bank Limited was fully satisfied on 26 Jul 2024.
Filing
Golden Sandhar Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge registered on 25 Sep 2015 via Charge ID 10606543 with State Bank Of India was fully satisfied on 02 Mar 2024.
Charges
A charge registered on 15 Sep 2015 via Charge ID 10602345 with State Bank Of India was fully satisfied on 02 Mar 2024.
Charges
A charge registered on 01 Dec 2014 via Charge ID 10542573 with State Bank Of India was fully satisfied on 02 Mar 2024.
Charges
A charge registered on 06 Sep 2014 via Charge ID 10520274 with State Bank Of India was fully satisfied on 02 Mar 2024.
Charges
A charge registered on 09 Mar 2007 via Charge ID 10048906 with State Bank Of India was fully satisfied on 02 Mar 2024.
Charges
A charge registered on 23 Mar 2021 via Charge ID 100431755 with State Bank Of India was fully satisfied on 01 Mar 2024.

77 earlier events are in the company report.

Frequently asked questions

Golden Sandhar Mills is an active public limited company based in Punjab, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 06 October 2000 (26+ years old) and is registered under CIN U15421PB2000PLC024002.

Golden Sandhar Mills has 3 current directors:

The latest financial statements of Golden Sandhar 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 Golden Sandhar Mills is 03AAACW3332J1ZM, registered in Punjab. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.

The CIN (Corporate Identification Number) of Golden Sandhar Mills is U15421PB2000PLC024002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Golden Sandhar Mills has 479 court cases on record: 34 filed by the company and 445 filed against it. 16 are pending. Most are in the district courts.

Golden Sandhar Mills was incorporated on 06 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chandigarh.

Golden Sandhar Mills has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.5 Cr; the latest was in February 2018.

The peers of Golden Sandhar Mills by revenue are Deccan Sugar Private Limited, Tamilnadu Sugar Corporation Limited, DDN Sfa Limited, Onkar Sakhar Karkhana Private Limited, M.V.K. Agro Food Product Limited and 2 more, all in the Agriculture industry (Sugar, Thermal Power Plants), with the same principal business activity (food, beverages and tobacco products).

Birender Singh Kathpal was appointed as Director on 30 Jul 2025. Aakash Goel ceased to be Additional Director on 29 Sep 2024. Rajesh Verma ceased to be Additional Director on 29 Sep 2024. Golden Sandhar Mills has 30 board changes on record in total.

Yes, Golden Sandhar Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-11-0000529).

Golden Sandhar Mills has 3 MSME Form 1 returns on record between 2023 and 2024, listing 53 overdue payments to 4 micro and small suppliers. The latest return was filed on 26 Apr 2024.