About Modi Industries Limited
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Modi Industries Limited is a public limited company based in Uttar Pradesh, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 18 November 1932 and has been in existence for over 94 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U15429UP1932PLC000469. Its GSTIN is 09AAACM2063Q3Z2 (Uttar Pradesh). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.72 Cr. It was formerly known as The Modi Sugar Mills Ltd. It is led by directors including Umesh Kumar Modi (Managing Director) and Abhishek Modi.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P O Modi Nagarmodi Nagar Modi Nagar, Uttar Pradesh, India – 201204.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,196.75 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.11 Cr (net margin 0.6%) and EBITDA of ₹66.92 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
The company has about 609 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹54.68 Cr and satisfied charges of ₹23.67 Cr on record. Court records list 804 cases involving the company, including 478 filed by the company and 327 filed against it; 200 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹28.62 Cr; the latest was in September 2016. Its 5 peer companies in the Agriculture industry (Alcoholic Beverages, Industrial Gases, Paints), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Sentini Bioproducts Private Limited with revenue of ₹1,267.69 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 modiindustries.net.
Company details
CIN history
Modi Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15429UP1932PLC000469, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15429UP1932PLC000469 | Current |
| L15429UP1932PLC000469 | Previous |
| U10721UP1932PLC000469 | Previous |
Contact details
Modi Industries Limited's registered office is in Uttar Pradesh. Its website is modiindustries.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP O Modi Nagarmodi Nagar Modi Nagar, Uttar Pradesh, India – 201204
- IndustryAgriculture, Sugar Processing
To see the full contact details of Modi 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
Business activity
The main business activity of Modi Industries is manufacturing. In detail, this covers food, beverages and tobacco products and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Modi Industries Limited, buy the company report.
Financials of Modi Industries Limited
FY 2025 filings availableModi Industries Limited reported revenue of ₹1,196.75 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 2% growth in the latest year. EBITDA rose 62% 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 |
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| EBITDA | ₹66.92 Cr | ||||
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| Net Profit (PAT) | ₹7.11 Cr | ||||
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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 | 5.6% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Modi Industries Limited, buy the company report.
Board of directors of Modi Industries Limited
Modi Industries has 11 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Singh Also directs: Ug Alliance Foundation | Nominee Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Abhishek Modi Also directs: Sbec Sugar Limited, Bihar Sponge Iron Limited, Modi Illva India Private Limited and 5 more | Director | 08 Dec 2006 | 19 Years 10 Months | Current |
| Rahul Chaudhary | Nominee Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Anand Parkash Modi | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Jagdish Chander Chawla Also directs: PKG Finlease and Holding Private Limited | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Kumkum Modi | Director | 11 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Modi Industries Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Alcoholic Beverages, Industrial Gases, Paints), 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 |
|---|---|---|---|---|---|---|
| Sentini Bioproducts Private Limited | ₹1,267.69 Cr (FY 2025) | 64.0% | Hyderabad, Telangana, India | |||
| Woodpecker Distilleries & Breweries Private Limited | ₹1,228.88 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Modi Industries Limitedthis company | ₹1,196.75 Cr (FY 2025) | ₹7.11 Cr | 0.6% | 2.0% | 609 | Uttar Pradesh, India |
| RSL Distilleries Private Limited | ₹1,181.99 Cr (FY 2025) | 49.0% | Chandigarh, India | |||
| The Oudh Sugar Mills Limited | ₹1,171.78 Cr (FY 2016) | -15.0% | Uttar Pradesh, India | |||
| Associated Alcohols & Breweries Ltd. | ₹1,101.28 Cr (FY 2025) | 42.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Modi Industries Limited, buy the company report.
Auditor
Modi Industries Limited is audited by P R MEHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R MEHRA & CO | FY 2023 | 000051N |
Shareholding
The shareholding of Modi Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modi Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2025 | 101194733 | Others | ₹25 Cr | Open | |
| 20 Dec 2022 | 100663484 | Axis Bank Limited | ₹34 Lakh | Open | |
| 10 Apr 1990 | 90268536 | Others | ₹86 Lakh | Open | |
| 17 Oct 1989 | 90268485 | Others | ₹1.75 Cr | Open | |
| 20 Oct 1987 | 80065048 | Others | ₹1.25 Cr | Open |
To see the full charge records of Modi Industries Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Modi Industries Limited has 3 deals on record (2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹28.62 Cr; the latest was in September 2016.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Others Modi Industries Limited, Daisy Investment Private Limited , Ashoka Mercantile Limited Seller: Others Modi Industries Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Others Modi Industries Limited Seller: 4 individuals |
To see the full deal history of Modi Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modi Industries Limited has 804 court cases on record: 478 filed by Modi Industries, 327 filed against it. 200 cases are pending and 604 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 503 | 228 | 157 |
| High courts | 262 | 88 | 42 |
| Supreme Court | 33 | 8 | 1 |
| NCLT | 6 | 3 | 0 |
Cases on record (5 of 804)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Court case (Regular Civil Appeal) | Filed against the company by an individual | Pending |
| District court, Ghaziabad, Uttar Pradesh | Court case (Caveat Application) | Filed against the company by Raibahadur Multanimal Modi Charitable Trust and Others | Pending |
| District court, Ghaziabad, Uttar Pradesh | Court case (Regular Civil Appeal) | Filed against the company by an individual | Pending |
| District court, Ghaziabad, Uttar Pradesh | Court case (Caveat Application) | Filed against the company by Modi Charitable Fund Soceity - Sandeep Kumar and Others | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Deputy Commissioner of Income Tax & Anr. | Pending |
To see the full case history of Modi Industries 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 Modi Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modi Industries Limited has a workforce of 609 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Modi Industries has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACM2063Q3Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AAACM2063Q4Z1 | Uttar Pradesh | Active | 26 Jul 2017 |
| 09AAACM2063Q5Z0 | Uttar Pradesh | Active | 27 Jul 2017 |
| 09AAACM2063Q6ZZ | Uttar Pradesh | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Modi Industries Limited, buy the company report.
Recent activity
Modi Industries Limited has 27 board changes on record since 1967: 11 appointments and 16 cessations. The latest: Avinash Kumar Modi ceased to be Additional Director on 29 Sep 2024.
69 earlier events are in the company report.
Frequently asked questions
Modi Industries is an active public limited company based in Uttar Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 18 November 1932 (94+ years old) and is registered under CIN U15429UP1932PLC000469.
Modi Industries has 11 current directors:
- Umesh Kumar Modi - Managing Director
- Vivek Singh - Nominee Director
- Abhishek Modi - Director
- Rahul Chaudhary - Nominee Director
- Anand Parkash Modi - Director
- Jagdish Chander Chawla - Director
- Kumkum Modi - Director
- Avinash Kumar Modi - Director
- Vinay Kumar Modi - Director
- Jayesh Modi - Director
- Rakesh Kumar Modi - Director
The latest financial statements of Modi Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Modi Industries is 09AAACM2063Q3Z2, registered in Uttar Pradesh. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 09AAACM2063Q4Z1 (Uttar Pradesh), 09AAACM2063Q5Z0 (Uttar Pradesh), 09AAACM2063Q6ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Modi Industries is U15429UP1932PLC000469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modi Industries has 804 court cases on record: 478 filed by the company and 327 filed against it. 200 are pending. Most are in the district courts.
Modi Industries was incorporated on 18 November 1932, making it 94+ years old. It is registered with the Registrar of Companies, Kanpur.
Modi Industries has 3 deals on record (2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹28.62 Cr; the latest was in September 2016.
The peers of Modi Industries by revenue are Sentini Bioproducts Private Limited, Woodpecker Distilleries & Breweries Private Limited, RSL Distilleries Private Limited, The Oudh Sugar Mills Limited, Associated Alcohols & Breweries Ltd, all in the Agriculture industry (Alcoholic Beverages, Industrial Gases, Paints), with the same principal business activity (food, beverages and tobacco products).
Avinash Kumar Modi ceased to be Additional Director on 29 Sep 2024. Rahul Chaudhary ceased to be Nominee Director on 10 Sep 2024. Avinash Kumar Modi was appointed as Director on 15 Jun 2024. Modi Industries has 27 board changes on record in total.
Modi Industries can be reached through the website modiindustries.net. Its registered office is in Uttar Pradesh, India.