Dinesh Oils Limited
About Dinesh Oils Limited
Data last updated:
Dinesh Oils Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 22 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U16142UP1986PLC008189. Its GSTIN is 09AAACD4990K1Z9 (Uttar Pradesh).
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹10.04 Cr. It was formerly known as Dinesh Oils Private Limited. It is led by directors including Dinesh Arora (Managing Director) and Shalini Arora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 3/48 Vishnupuri, Kanpur, Uttar Pradesh, India – 208002.
As per the financials filed for FY 2016, the company reported a revenue of ₹397.59 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹45.32 Cr (net margin -11.4%) and EBITDA of -₹25.88 Cr (EBITDA margin -6.5%).
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹184.32 Cr and satisfied charges of ₹71.4 Cr on record. Court records list 31 cases involving the company, including 14 filed by the company and 17 filed against it; 2 cases are pending. The company has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹8.81 Cr; the latest was in February 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Dinesh Oils Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address3/48 Vishnupuri, Kanpur, Uttar Pradesh, India – 208002
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Dinesh Oils 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 activities of Dinesh Oils are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dinesh Oils Limited, buy the company report.
Financials of Dinesh Oils Limited
FY 2016 filings availableDinesh Oils Limited reported revenue of ₹397.59 Cr (down 24% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year. EBITDA fell 221% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹397.59 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹25.88 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹45.32 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -6.5% | |
| Net Profit Margin | -11.4% | |
| 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 Dinesh Oils Limited, buy the company report.
Board of directors of Dinesh Oils Limited
Dinesh Oils has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Arora Also directs: Up Oil Miller Association | Managing Director | 22 Sep 1986 | 40 Years 1 Months | Current |
| Prem Prakash Bajpai | Director | 11 Jan 2017 | 9 Years 9 Months | Current |
| Piyush Nigam | Director | 27 Jun 2016 | 10 Years 4 Months | Current |
| Shyam Kant Tiwari | Director | 01 Oct 2011 | 15 Years 0 Months | Current |
| Shalini Arora | Whole-Time Director | 01 Jan 1994 | 32 Years 9 Months | Current |
| Narendra Sharma | Director | 01 Apr 1998 | 28 Years 6 Months | Current |
Auditor
Dinesh Oils Limited is audited by SUSHIL GUPTA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL GUPTA & CO | FY 2016 | 001233C |
Shareholding
The shareholding of Dinesh Oils Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dinesh Oils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2016 | 100025749 | State Bank of India | ₹14.16 Cr | Open | |
| 26 Jul 1989 | 90278352 | State Bank of India | ₹170.16 Cr | Open | |
| 08 Feb 2008 | 10100840 | State Bank of India | ₹56.4 Cr | Satisfied | |
| 24 Nov 2001 | 90279994 | State Bank of India | ₹73 Lakh | Satisfied | |
| 27 Sep 2001 | 90277288 | State Bank of Industrial Finance Branch | ₹9.55 Cr | Satisfied |
To see the full charge records of Dinesh Oils Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Dinesh Oils Limited has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹8.81 Cr; the latest was in February 2016.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Rights issue | ₹2.7 Cr | Investors: 2 individuals |
| Mar 2014 | Funding round | ₹41.8 Lakh | Investors: 3 individuals |
| Dec 2012 | Funding round | ₹4 Cr | Investors: 4 individuals |
| Feb 2011 | Funding round | ₹1.5 Cr | Investors: Apurva Finance Private Limited |
| Mar 2008 | Funding round | ₹1.77 Cr | Investors: Apurva Finance Private Limited |
To see the full deal history of Dinesh Oils 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
Dinesh Oils Limited has 31 court cases on record: 14 filed by Dinesh Oils, 17 filed against it. 2 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 3 | 1 |
| District courts | 13 | 13 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bathinda, Punjab | Court case (COMI) | Filed against the company by M/S A.B Crops Pvt .Ltd | Pending |
| District court, North, Delhi | Arbitration matter | Filed against the company by Kotak Mahindra Prime Ltd. | Disposed |
| District court, Bathinda, Punjab | Criminal miscellaneous application | Filed against the company by M/S A. B. Crops Pvt. Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| High Court, GUJARAT | Court case (AS) | Filed against the company by Tower International Pvt. Ltd. | Disposed |
To see the full case history of Dinesh Oils 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
Dinesh Oils Limited was last rated by Indiarating on 07 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 07 Jan 2022 |
To see the full credit ratings and regulatory alerts of Dinesh Oils Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dinesh Oils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dinesh Oils has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACD4990K1Z9 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dinesh Oils Limited, buy the company report.
Recent activity
Dinesh Oils Limited has 12 board changes on record since 1986: 6 appointments and 6 cessations. The latest: Prem Prakash Bajpai ceased to be Additional Director on 29 Sep 2017.
29 earlier events are in the company report.
Frequently asked questions
Dinesh Oils is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 22 September 1986 (40+ years old) and is registered under CIN U16142UP1986PLC008189.
Dinesh Oils has 6 current directors:
- Dinesh Arora - Managing Director
- Shalini Arora - Whole-Time Director
- Prem Prakash Bajpai - Director
- Piyush Nigam - Director
- Shyam Kant Tiwari - Director
- Narendra Sharma - Director
The latest financial statements of Dinesh Oils on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Dinesh Oils is 09AAACD4990K1Z9, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Dinesh Oils is U16142UP1986PLC008189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dinesh Oils has 31 court cases on record: 14 filed by the company and 17 filed against it. 2 are pending. Most are in the high courts.
Dinesh Oils was incorporated on 22 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kanpur.
Dinesh Oils has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹8.81 Cr; the latest was in February 2016.
Prem Prakash Bajpai ceased to be Additional Director on 29 Sep 2017. Prem Prakash Bajpai was appointed as Director on 11 Jan 2017. Piyush Nigam ceased to be Additional Director on 30 Sep 2016. Dinesh Oils has 12 board changes on record in total.
The registered office of Dinesh Oils is at 348 Vishnupuri, Kanpur, Uttar Pradesh, India – 208002.