- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-11-0000529

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 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.
| CIN | Status |
|---|---|
| U15421PB2000PLC024002 | Current |
| L15421PB2000PLC024002 | Previous |
Recognitions & Rankings of Golden Sandhar Mills
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
- Website
- Registered AddressSugar Mill Complexg T Road Phagwara, Punjab, India
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Golden Sandhar Mills 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
Golden Sandhar Mills operates one associated brand: Wahid Sandhar Sugars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 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 Golden Sandhar Mills Limited, buy the company report.
Financials of Golden Sandhar Mills Limited
FY 2024 filings availableGolden Sandhar Mills Limited reported revenue of ₹162.68 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.76 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrik Singh Buttar Also directs: The Jagatjit Sugar Mills Co. Limited, Sandhar Overseas Limited | Managing Director | 09 Jan 2024 | 2 Years 10 Months | Current |
| Rajesh Verma | Director | 26 Feb 2024 | 2 Years 8 Months | Current |
| Birender Singh Kathpal Also directs: The Jagatjit Sugar Mills Co. Limited, Sandhar Overseas Limited, Creative Internet Private Limited and 5 more | Director | 30 Jul 2025 | 1 Years 3 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 2.9% | -10.0% | 126 | Punjab, 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 firm | Financial year | Firm registration number |
|---|---|---|
| SMRG AND ASSOCIATES | FY 2023 | 031112N |
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 category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2011 | 10301146 | Govt of India Ministry of Consumer Affairs Through Ifci | ₹5.14 Cr | Open | |
| 30 Nov 2009 | 10187938 | Government of India Ministry of Consumer Affairs | ₹1.5 Cr | Open | |
| 30 Nov 2009 | 10187939 | Government of India Ministry of Consumer Affairs | ₹1.6 Cr | Open | |
| 30 Mar 2001 | 80022260 | State Bank of India | ₹39.2 Cr | Open | |
| 23 Mar 2021 | 100431755 | State Bank of India | ₹8 Cr | Satisfied |
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.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2009 | Funding round | ₹12 Cr | Investors: Sandhar Overseas Limited , The Jagatjit Sugars Mills Co Limited, A 1 Exports Private Limited |
| Mar 2006 | Funding round | ₹3.5 Cr | Investors: 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.
Legal cases
Golden Sandhar Mills Limited has 479 court cases on record: 34 filed by Golden Sandhar Mills, 445 filed against it. 16 cases are pending and 463 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 428 | 425 | 3 |
| High courts | 44 | 19 | 13 |
| Supreme Court | 7 | 1 | 0 |
Cases on record (5 of 479)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed against the company by M/S W S Fitness Private Limited | Pending |
| District court, Fatehabad, Haryana | Civil suit | Filed against the company by Saraf Estates Infra Pvt. Ltd. and 2 others | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by M/S W S Fitness Private Limited Through Its Authorized Representative Mukesh Kumar Opposite Pseb Office Banga Road, Phagwara ,Kapurthala , Punjab | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Punjab State Power Corporation Ltd & Ors | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed against the company | Pending |
To see the full case history of Golden Sandhar Mills 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.
Credit ratings & regulatory alerts
Golden Sandhar Mills Limited was last rated by Crisil on 31 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 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)
| Supplier | Amount due | Due since | Reported 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.
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.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 126 |
| 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACW3332J1ZM | Punjab | Active | 01 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.
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:
- Amrik Singh Buttar - Managing Director
- Rajesh Verma - Director
- Birender Singh Kathpal - Director
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.

