About Goyal Vegoils Limited
Data last updated:
Goyal Vegoils Limited is a public limited company based in Kota, Rajasthan, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 19 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U15142RJ2003PLC018825. Its GSTIN is 08AACCG2595F1ZK (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors including Tara Chand Goyal (Managing Director) and Trilok Chand Goyal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at N.H.52 Village Kasar Tehsil Ladpura, Kota, Rajasthan, India – 325003.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,536.14 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹48.48 Lakh (net margin 0%) and EBITDA of ₹12.43 Cr (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹555 Cr and satisfied charges of ₹973.75 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 4 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.42 Cr; the latest was in March 2022. Its 8 peer companies in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 4 smaller; the largest is Dhanraj Solvex Private Limited with revenue of ₹1,606.53 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goyalglobal.com.
Company details
Contact details
Goyal Vegoils Limited's registered office is in Kota, Rajasthan. Its website is goyalglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressN.H.52 Village Kasar Tehsil Ladpura, Kota, Rajasthan, India – 325003
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Goyal Vegoils 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
Business activity
The main business activity of Goyal Vegoils 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 Goyal Vegoils Limited, buy the company report.
Financials of Goyal Vegoils Limited
FY 2025 filings availableGoyal Vegoils Limited reported revenue of ₹1,536.14 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 632% 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 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 | ₹12.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.48 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| 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 Goyal Vegoils Limited, buy the company report.
Board of directors of Goyal Vegoils Limited
Goyal Vegoils has 11 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prahlad Goyal Also directs: Goyal Gramin Vikas Sansthan | Director | 19 Dec 2003 | 22 Years 10 Months | Current |
| Pankaj Mittal | Director | 29 Jun 2024 | 2 Years 3 Months | Current |
| Bindu Mittal Also directs: Prudential Financial Management Private Limited. | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Trilok Chand Goyal | Whole-Time Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Tara Chand Goyal | Managing Director | 11 Feb 2006 | 20 Years 8 Months | Current |
| Kamal Kishor Jain | Director | 29 Jun 2024 | 2 Years 3 Months | Current |
Peer comparison
Goyal Vegoils Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), 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 |
|---|---|---|---|---|---|---|
| Dhanraj Solvex Private Limited | ₹1,606.53 Cr (FY 2025) | 6.0% | Latur, Maharashtra, India | |||
| Sanjay Soya Private Limited | ₹1,596.13 Cr (FY 2025) | 121.0% | Mumbai, Maharashtra, India | |||
| Kumar Agro Tech Private Limited | ₹1,583.67 Cr (FY 2025) | -24.0% | Chennai, Tamil Nadu, India | |||
| Khandelia Oil and General Mills Private Limited | ₹1,536.32 Cr (FY 2025) | -8.0% | Chandigarh, India | |||
| Goyal Vegoils Limitedthis company | ₹1,536.14 Cr (FY 2025) | ₹48.48 Lakh | 0% | -9.0% | 103 | Kota, Rajasthan, India |
| Sunraja Oil Industries Private Limited | ₹1,513.57 Cr (FY 2024) | -2.0% | Erode, Tamil Nadu, India | |||
| Ana Oleo Private Limited | ₹1,438.89 Cr (FY 2025) | 8410.0% | Hyderabad, Telangana, India | |||
| Santhoshimathaa Edible Oils Refinery Private Limited | ₹1,433.49 Cr (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| Deesan Agro-Tech Private Limited | ₹1,427.08 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Goyal Vegoils Limited, buy the company report.
Auditor
Goyal Vegoils Limited is audited by G. K. MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. K. MITTAL & ASSOCIATES | FY 2023 | 005842C |
Shareholding
The shareholding of Goyal Vegoils Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goyal Vegoils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2025 | 101204084 | State Bank of India | ₹120 Cr | Open | |
| 29 Jul 2025 | 101138445 | Sbicap Trustee Company Limited | ₹130 Cr | Open | |
| 18 Sep 2024 | 100978485 | Hdfc Bank Limited | ₹130 Cr | Open | |
| 15 May 2023 | 100718228 | Hdfc Bank Limited | ₹75 Cr | Open | |
| 19 Feb 2021 | 100421727 | State Bank of India | ₹100 Cr | Open |
To see the full charge records of Goyal Vegoils Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Goyal Vegoils Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.42 Cr; the latest was in March 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Aug 2013 | Funding round | ₹3 Cr | Investors: 4 individuals |
| Aug 2008 | Funding round | ₹1.44 Cr | Investors: Goyal Proteins Limited , 3 individuals |
| Jul 2006 | Funding round | ₹1.98 Cr | Investors: Goyal Proteins Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goyal Vegoils Limited has 10 court cases on record: 4 filed by Goyal Vegoils, 6 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 4 | 1 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax | Pending |
| District court, Baran, Rajasthan | Civil suit | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against The State of Rajasthan and 2 others | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against The State of Rajasthan | Pending |
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed against the company by State | Disposed |
To see the full case history of Goyal Vegoils 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
Goyal Vegoils Limited was last rated by Crisil on 27 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Nov 2020 |
To see the full credit ratings and regulatory alerts of Goyal Vegoils Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goyal Vegoils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Goyal Vegoils Limited has a workforce of 103 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Goyal Vegoils has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCG2595F1ZK | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goyal Vegoils Limited, buy the company report.
Recent activity
Goyal Vegoils Limited has 18 board changes on record since 2003: 11 appointments and 7 cessations. The latest: Kamal Kishor Jain was appointed as Director on 29 Jun 2024.
36 earlier events are in the company report.
Frequently asked questions
Goyal Vegoils is an active public limited company based in Kota, Rajasthan, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 19 December 2003 (23+ years old) and is registered under CIN U15142RJ2003PLC018825.
Goyal Vegoils has 11 current directors:
- Tara Chand Goyal - Managing Director
- Trilok Chand Goyal - Whole-Time Director
- Pankaj Goyal - Whole-Time Director
- Ajay Kumar Goyal - Whole-Time Director
- Prahlad Goyal - Director
- Pankaj Mittal - Director
- Bindu Mittal - Director
- Kamal Kishor Jain - Director
- Mahavir Prasad Goyal - Director
- Narendra Kumar Goyal - Director
- Sadhana Goyal - Director
The latest financial statements of Goyal Vegoils on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goyal Vegoils is 08AACCG2595F1ZK, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Goyal Vegoils is U15142RJ2003PLC018825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Vegoils has 10 court cases on record: 4 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Goyal Vegoils was incorporated on 19 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Jaipur.
Goyal Vegoils has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.42 Cr; the latest was in March 2022.
The peers of Goyal Vegoils by revenue are Dhanraj Solvex Private Limited, Sanjay Soya Private Limited, Kumar Agro Tech Private Limited, Khandelia Oil and General Mills Private Limited, Sunraja Oil Industries Private Limited and 3 more, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Kamal Kishor Jain was appointed as Director on 29 Jun 2024. Mahavir Prasad Goyal was appointed as Director on 29 Jun 2024. Pankaj Mittal was appointed as Director on 29 Jun 2024. Goyal Vegoils has 18 board changes on record in total.
Goyal Vegoils can be reached through the website goyalglobal.com. Its registered office is in Kota, Rajasthan, India.