About Hastings Mill Limited
Data last updated:
Hastings Mill Limited is a public limited company based in Hooghly, West Bengal, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 24 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2006PLC109577.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹11 Lakh. It was formerly known as Hastings Jute Mill Private Limited and Hastings Mills Private Limited. It is led by directors including Sandeep Agarwal and Sumit Sahal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 13/14 G T Road Northrishra, Hooghly, West Bengal, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.49 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹22.07 Lakh (net margin 0.2%) and EBITDA of ₹52.69 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 66% over five years.
As per MCA filings, the company has open charges of ₹141.82 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jute-india.com.
Company details
Name history
Hastings Mill has undergone 4 name changes throughout its history. The current legal name is Hastings Mill Limited.
| Company Name | Status |
|---|---|
| Hastings Mill Limited | Current |
| Hastings Jute Mill Private Limited | Previous |
| Hastings Mills Private Limited | Previous |
| Riverside Developers Private Limited | Previous |
| Hastings Mill Private Limited | Previous |
CIN history
Hastings Mill has one previous CIN (Corporate Identification Number): U70101WB2006PTC109577. The current CIN is U70101WB2006PLC109577, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB2006PLC109577 | Current |
| U70101WB2006PTC109577 | Previous |
Contact details
Hastings Mill Limited's registered office is in Hooghly, West Bengal. Its website is jute-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13/14 G T Road Northrishra, Hooghly, West Bengal, India
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Hastings Mill 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 Hastings Mill is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hastings Mill Limited, buy the company report.
Financials of Hastings Mill Limited
FY 2025 filings availableHastings Mill Limited reported revenue of ₹98.49 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 15% growth in the latest year. EBITDA fell 21% 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 | ₹52.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.07 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 | 0.5% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Hastings Mill Limited, buy the company report.
Board of directors of Hastings Mill Limited
Hastings Mill has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Agarwal Also directs: Murat Viniyog Ltd | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Sumit Sahal Also directs: Jaguar Trexim Pvt Ltd, Shaktigarh Textile & Industries Ltd, Natura Yarns Private Limited and 2 more | Director | 11 Oct 2021 | 5 Years 0 Months | Current |
| Punam Kumar Patodia Also directs: Jaguar Trexim Pvt Ltd | Director | 24 May 2006 | 20 Years 5 Months | Current |
Peer comparison
Hastings Mill Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axtron Texchem (India) Private Limited | ₹100.02 Cr (FY 2025) | 4.0% | Sirohi, Rajasthan, India | |||
| Serge Ferrari India Private Limited | ₹99.16 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Hastings Mill Limitedthis company | ₹98.49 Cr (FY 2025) | ₹22.07 Lakh | 0.2% | 15.0% | Hooghly, West Bengal, India | |
| Sabharwal Trading India Private Limited | ₹97.78 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Image Creation Sarees Private Limited | ₹97.27 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| DDPL Commodities Private Limited | ₹97.23 Cr (FY 2025) | 9.0% | Sirsa, Haryana, India |
To see the full peer comparison of Hastings Mill Limited, buy the company report.
Auditor
Hastings Mill Limited is audited by VIDYA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIDYA & CO. | FY 2022 | 308022E |
Shareholding
The shareholding of Hastings Mill 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 Hastings Mill Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2024 | 101027931 | Others | ₹92 Cr | Open | |
| 07 Feb 2023 | 100694101 | Others | ₹49.82 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Hastings Mill Limited has 13 court cases on record: 11 filed by Hastings Mill, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 6 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hooghly, West Bengal | Civil suit | Filed by the company against Atul Tie Up Private Limited. | Disposed |
| Calcutta High Court | Civil suit | Filed against the company by The Federal Bank Ltd | Disposed |
| District court, Hooghly, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
| District court, Hooghly, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Hastings Mill 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 Hastings Mill Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hastings Mill has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Hastings Mill Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hastings Mill Limited has 8 board changes on record since 2006: 3 appointments and 5 cessations. The latest: Sandeep Agarwal ceased to be Additional Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Hastings Mill is an active public limited company based in Hooghly, West Bengal, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 24 May 2006 (20+ years old) and is registered under CIN U70101WB2006PLC109577.
Hastings Mill has 3 current directors:
- Sandeep Agarwal - Director
- Sumit Sahal - Director
- Punam Kumar Patodia - Director
The latest financial statements of Hastings Mill on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hastings Mill is U70101WB2006PLC109577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hastings Mill has 13 court cases on record: 11 filed by the company and 2 filed against it. Most are in the high courts.
Hastings Mill was incorporated on 24 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Hastings Mill by revenue are Axtron Texchem (India) Private Limited, Serge Ferrari India Private Limited, Sabharwal Trading India Private Limited, Image Creation Sarees Private Limited, DDPL Commodities Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sandeep Agarwal ceased to be Additional Director on 30 Sep 2022. Vinod Kumar Sharma ceased to be Additional Director on 30 Sep 2022. Sandeep Agarwal was appointed as Director on 14 Mar 2022. Hastings Mill has 8 board changes on record in total.
Hastings Mill can be reached through the website jute-india.com. Its registered office is in Hooghly, West Bengal, India.
The registered office of Hastings Mill is at 1314 G T Road Northrishra, Hooghly, West Bengal, India.
Hastings Mill operates in the packaging industry, in the woven packaging products segment.