
Hindavi Industries Limited
About Hindavi Industries Limited
Data last updated:
Hindavi Industries Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 26 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15421MH2009PLC190588.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹9.95 Lakh. It was formerly known as Hindavi Sugar and Allied Industries Limited. It is led by directors including Rajkumar Shivajirao Kawade and Dattatraya Sopanrao Undre.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No. 11 Grow More Tower Plot No. 5 Sector – 2 Kharghar, Navi Mumbai, Maharashtra, India – 410210.
As per the financials filed for FY 2018, the company reported a revenue of ₹42,590, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31,037 (net margin 72.9%) and EBITDA of ₹32,590 (EBITDA margin 76.5%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Hindavi Industries Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 11 Grow More Tower Plot No. 5 Sector – 2 Kharghar, Navi Mumbai, Maharashtra, India – 410210
- IndustryAgriculture, Sugar Processing
To see the full contact details of Hindavi Industries 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
Financials of Hindavi Industries Limited
FY 2018 filings availableHindavi Industries Limited reported revenue of ₹42,590 (up 620% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 121% over three years, including 620% growth in the latest year. EBITDA rose 530% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹42,590 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹32,590 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹31,037 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 76.5% | |||
| Net Profit Margin | 72.9% | |||
| 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 Hindavi Industries Limited, buy the company report.
Board of directors of Hindavi Industries Limited
Hindavi Industries has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Shivajirao Kawade | Director | 26 Feb 2009 | 17 Years 8 Months | Current |
| Dattatraya Sopanrao Undre | Director | 26 Feb 2009 | 17 Years 8 Months | Current |
| Ganesh Undre | Director | 26 Feb 2009 | 17 Years 8 Months | Current |
| Vijaysinha Ganeshrao Undre | Additional Director | 26 Dec 2016 | 9 Years 10 Months | Current |
| Adityaraj Balasaheb Deshmukh | Additional Director | 26 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Hindavi Industries Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gauri Bidanur Sugars Private Limited | ₹60,000 (FY 2025) | Karnataka, India | ||||
| Triveni Sugar Limited | ₹52,470 (FY 2025) | -9.0% | Noida, Uttar Pradesh, India | |||
| Ablaze Sugar Mills Private Limited | ₹52,000 (FY 2021) | New Delhi, Delhi, India | ||||
| Anita Greenfuels Private Limited | ₹51,550 (FY 2025) | Mansarovar, Rajasthan, India | ||||
| Shree Bijay Sugar Mills Ltd | ₹45,551 (FY 2025) | -33.0% | Bijay Nagar, Ajmer, Rajasthan, India | |||
| Hindavi Industries Limitedthis company | ₹42,590 (FY 2018) | ₹31,037 | 72.9% | 620.0% | Navi Mumbai, Maharashtra, India | |
| Life Sugar Private Limited | ₹30,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Gold Dart Private Limited | ₹30,000 (FY 2025) | -100.0% | Pune, Maharashtra, India | |||
| Ramanagaram Khandsari Sugar and Allied Products Limited | ₹27,000 (FY 2024) | Bangalore, Karnataka, India | ||||
| Grmohite Enercon Private Limited | ₹25,000 (FY 2025) | Tasgaon, Maharashtra, India | ||||
| India Sugar Agencies Private Limited | ₹24,100 (FY 2025) | 29.0% | Thane, Maharashtra, India |
To see the full peer comparison of Hindavi Industries Limited, buy the company report.
Auditor
Hindavi Industries Limited is audited by D S SHETTY & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S SHETTY & ASSOCIATES | FY 2018 | 110091W |
Shareholding
The shareholding of Hindavi Industries Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hindavi Industries Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hindavi Industries Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hindavi Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hindavi Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hindavi Industries Limited has 5 board changes on record since 2009: 5 appointments. The latest: Adityaraj Balasaheb Deshmukh was appointed as Additional Director on 26 Dec 2016.
Frequently asked questions
Hindavi Industries is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 26 February 2009 (17+ years old) and is registered under CIN U15421MH2009PLC190588.
Hindavi Industries has 5 current directors:
- Rajkumar Shivajirao Kawade - Director
- Dattatraya Sopanrao Undre - Director
- Ganesh Undre - Director
- Vijaysinha Ganeshrao Undre - Additional Director
- Adityaraj Balasaheb Deshmukh - Additional Director
The latest financial statements of Hindavi Industries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hindavi Industries is U15421MH2009PLC190588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindavi Industries was incorporated on 26 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hindavi Industries by revenue are Gauri Bidanur Sugars Private Limited, Triveni Sugar Limited, Ablaze Sugar Mills Private Limited, Anita Greenfuels Private Limited, Shree Bijay Sugar Mills Ltd and 5 more, all in the Agriculture industry (Sugar).
Adityaraj Balasaheb Deshmukh was appointed as Additional Director on 26 Dec 2016. Vijaysinha Ganeshrao Undre was appointed as Additional Director on 26 Dec 2016. Dattatraya Sopanrao Undre was appointed as Director on 26 Feb 2009. Hindavi Industries has 5 board changes on record in total.
The registered office of Hindavi Industries is at Shop No. 11 Grow More Tower Plot No. 5 Sector – 2 Kharghar, Navi Mumbai, Maharashtra, India – 410210.
Hindavi Industries operates in the agriculture industry, in the sugar processing segment.
The compliance status of Hindavi Industries is active non-compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Hindavi Industries was formerly known as Hindavi Sugar And Allied Industries Limited.

