Mekalsuta Sugars Private Limited
About Mekalsuta Sugars Private Limited
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Mekalsuta Sugars Private Limited is a private limited company based in Thikari, Madhya Pradesh, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 09 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15490MP2020PTC052749. Its GSTIN is 23AANCM7826N1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.5 Cr. It is led by directors including Vaibhav Maheshwari and Ankit Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thikari, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹197.9 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹5.54 Cr (net margin 2.8%) and EBITDA of ₹31.93 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹336.26 Cr and satisfied charges of ₹8.66 Lakh on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹9.3 Cr; the latest was in December 2020. Its 6 peer companies in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 2 smaller; the largest is Lokmangal Sugar Ethenol & Co-Generation Industries Limited with revenue of ₹205.58 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 49 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mekalsuta Sugars Private Limited's registered office is in Thikari, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKhasra No. 223, Tehsil Thikri, Thikari, Madhya Pradesh, India – 451660
- IndustryAgriculture, Sugar Processing
To see the full contact details of Mekalsuta Sugars Private 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 Mekalsuta Sugars 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 Mekalsuta Sugars Private Limited, buy the company report.
Financials of Mekalsuta Sugars Private Limited
FY 2025 filings availableMekalsuta Sugars Private Limited reported revenue of ₹197.9 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 2% growth in the latest year. EBITDA rose 10% 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 | ₹197.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.54 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Mekalsuta Sugars Private Limited, buy the company report.
Board of directors of Mekalsuta Sugars Private Limited
Mekalsuta Sugars has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Maheshwari Also directs: Ramdev Agro Products Private Limited, Shankari Sugars & Bioenergy Private Limited, Ramdev Sugars Private Limited and 5 more | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Ankit Goyal Also directs: Mekalsuta Sugars Private Limited, Maarewa Sugars Private Limited | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Rishabh Goyal Also directs: Mekalsuta Sugars Private Limited, Maarewa Sugars Private Limited | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Mekalsuta Sugars Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Sugar), 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 |
|---|---|---|---|---|---|---|
| Lokmangal Sugar Ethenol & Co-Generation Industries Limited | ₹205.58 Cr (FY 2023) | -26.0% | Solapur, Maharashtra, India | |||
| Vishnu Sugar Mills Ltd | ₹201.84 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Ganpati Sugar Industries Limited | ₹198.88 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Kareli Sugar Mill Private Limited | ₹198.48 Cr (FY 2025) | 42.0% | Kareli, Madhya Pradesh, India | |||
| Mekalsuta Sugars Private Limitedthis company | ₹197.9 Cr (FY 2025) | ₹5.54 Cr | 2.8% | 2.0% | 58 | Thikari, Madhya Pradesh, India |
| Astoria Agro and Allied Industries Private Limited | ₹194.84 Cr (FY 2017) | 100.0% | Pune, Maharashtra, India | |||
| Bidar Kissan Shakhar Karkhana Limited | ₹191.21 Cr (FY 2025) | -10.0% | Homnabad, Karnataka, India |
To see the full peer comparison of Mekalsuta Sugars Private Limited, buy the company report.
Auditor
Mekalsuta Sugars Private Limited is audited by B. Mantri & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. Mantri & Co. | FY 2025 | 013559C |
Shareholding
The shareholding of Mekalsuta Sugars Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mekalsuta Sugars Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2024 | 100902307 | Hdfc Bank Limited | ₹70 Cr | Open | |
| 04 Mar 2024 | 100883949 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 28 Mar 2023 | 100718695 | Hdfc Bank Limited | ₹110 Cr | Open | |
| 14 Oct 2022 | 100625065 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 08 Jan 2021 | 100416346 | State Bank of India | ₹55.26 Cr | Open |
To see the full charge records of Mekalsuta Sugars Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Mekalsuta Sugars Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹9.3 Cr; the latest was in December 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹9.3 Cr | Investors: Shrijee Sugar and Power Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mekalsuta Sugars Private 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
Mekalsuta Sugars Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 49 overdue payments to 12 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 (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Green Engineers | |||
| Manacles Industries Private Limited | |||
| Memon Gases LLP | |||
| Lars Enviro Private Limited | |||
| Lubgraf Synoils Pvt Ltd |
To see the full MSME payment records of Mekalsuta Sugars Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mekalsuta Sugars 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
Mekalsuta Sugars Private Limited has a workforce of 58 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Mekalsuta Sugars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AANCM7826N1ZU | Madhya Pradesh | Active | 13 Oct 2020 |
To see the full GST registrations and return filing status of Mekalsuta Sugars Private Limited, buy the company report.
Recent activity
Mekalsuta Sugars Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Ankit Goyal was appointed as Director on 09 Sep 2020.
7 earlier events are in the company report.
Frequently asked questions
Mekalsuta Sugars is an active private limited company based in Thikari, Madhya Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 09 September 2020 (6+ years old) and is registered under CIN U15490MP2020PTC052749.
Mekalsuta Sugars has 3 current directors:
- Vaibhav Maheshwari - Director
- Ankit Goyal - Director
- Rishabh Goyal - Director
The latest financial statements of Mekalsuta Sugars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Mekalsuta Sugars is 23AANCM7826N1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mekalsuta Sugars is U15490MP2020PTC052749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mekalsuta Sugars was incorporated on 09 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
Mekalsuta Sugars has 1 deal on record (1 funding round), with disclosed funding of ₹9.3 Cr; the latest was in December 2020.
The peers of Mekalsuta Sugars by revenue are Lokmangal Sugar Ethenol & Co-Generation Industries Limited, Vishnu Sugar Mills Ltd, Ganpati Sugar Industries Limited, Kareli Sugar Mill Private Limited, Astoria Agro and Allied Industries Private Limited and 1 more, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).
Ankit Goyal was appointed as Director on 09 Sep 2020. Rishabh Goyal was appointed as Director on 09 Sep 2020. Vaibhav Maheshwari was appointed as Director on 09 Sep 2020.
Mekalsuta Sugars has 4 MSME Form 1 returns on record between 2022 and 2024, listing 49 overdue payments to 12 micro and small suppliers. The latest return was filed on 01 May 2024.
The registered office of Mekalsuta Sugars is at Khasra No. 223, Tehsil Thikri, Thikari, Madhya Pradesh, India – 451660.
Mekalsuta Sugars operates in the agriculture industry, in the sugar processing segment.