About Sonachi Industries Limited
Data last updated:
Sonachi Industries Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the crop protection segment of the agriculture sector. It was incorporated on 18 August 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24119MH2006PLC163851. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.97 Cr. It is led by directors including Jyotibhushan Tarkeshwar Tiwari (Managing Director) and Padmabhushan Tarkeshwar Tiwari.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹67.51 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹68.64 Lakh (net margin 1%) and EBITDA of ₹3.48 Cr (EBITDA margin 5.2%).
The company is associated with 1 brand: Sonachi Pesticides. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹27 Cr on record. Court records list 46 cases involving the company, including 10 filed by the company and 36 filed against it; 7 cases are pending.
The last known website on record is sonachigroup.com.
Company details
Contact details
Sonachi Industries Limited's registered office is in Mumbai, Maharashtra. Its website is sonachigroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 38 2nd Floor Raj Industrial Complex Military Road Off – Marol Maroshi Road And, Heri(East), Mumbai, Maharashtra, India – 400059
- IndustryAgriculture, Crop Protection
To see the full contact details of Sonachi 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
Brands
Sonachi Industries operates one associated brand: Sonachi Pesticides. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Biocidal chemicals are manufactured by Sonachi Pesticides for pest control. | sonachipesticides.com |
Business activity
The main business activity of Sonachi Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Sonachi Industries Limited, buy the company report.
Financials of Sonachi Industries Limited
FY 2016 filings availableSonachi Industries Limited reported revenue of ₹67.51 Cr (up 19% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year. EBITDA rose 40% 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 | ₹67.51 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.48 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹68.64 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.2% | |
| Net Profit Margin | 1% | |
| 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 Sonachi Industries Limited, buy the company report.
Board of directors of Sonachi Industries Limited
Sonachi Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmabhushan Tarkeshwar Tiwari | Director | 18 Aug 2006 | 20 Years 2 Months | As last reported |
| Laxmi Jyotibhushan Tiwari | Director | 18 Aug 2006 | 20 Years 2 Months | As last reported |
| Jyotibhushan Tarkeshwar Tiwari Also directs: Kairne Infrastructure LLP, Sonachi Biotech Private Limited, Sonachi Realty & Infrastructure Private Limited and 3 more | Managing Director | 18 Aug 2006 | 20 Years 2 Months | As last reported |
Peer comparison
Sonachi Industries Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oasis Limited | ₹69.48 Cr (FY 2024) | 11.0% | Ahmedabad, Gujarat, India | |||
| Peptech Biosciences Limited | ₹67.59 Cr (FY 2025) | 52.0% | Bhiwadi, Rajasthan, India | |||
| Sonachi Industries Limitedthis company | ₹67.51 Cr (FY 2016) | ₹68.64 Lakh | 1% | 19.0% | Mumbai, Maharashtra, India | |
| Globex Agri Science Private Limited | ₹67.02 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Bhaskar Agro Chemicals Limited | ₹66.69 Cr (FY 2024) | 21.0% | Hyderabad, Telangana, India | |||
| Boston Bulk Chemicals (India) Limited | ₹65.38 Cr (FY 2025) | 44.0% | Gandhinagar, Gujarat, India | |||
| Royal Crop Science India Limited | ₹64.79 Cr (FY 2024) | 21.0% | Panipat, Haryana, India |
To see the full peer comparison of Sonachi Industries Limited, buy the company report.
Auditor
Sonachi Industries Limited is audited by HEMAL PARIKH & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMAL PARIKH & CO | FY 2016 | 133155W |
Shareholding
The shareholding of Sonachi Industries Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sonachi Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2016 | 10620693 | Allahabad Bank | ₹15 Cr | Open | |
| 08 Jan 2016 | 10617775 | Allahabad Bank | ₹15 Cr | Open | |
| 16 Jun 2014 | 10520086 | Bank of India | ₹50 Lakh | Satisfied | |
| 06 Aug 2013 | 10514362 | Bank of India | ₹15 Lakh | Satisfied | |
| 31 Jul 2013 | 10488282 | Bank of India | ₹15.35 Cr | Satisfied |
To see the full charge records of Sonachi Industries Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sonachi Industries Limited has 46 court cases on record: 10 filed by Sonachi Industries, 36 filed against it. 7 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 34 | 7 |
| High courts | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed against the company by Heranba Industries Limited ,(C.C.No.633/Ss/2017) | Pending |
| District court, Bathinda, Punjab | Civil suit | Filed against the company by M/S Coromandel International Limited | Pending |
| District court, Silvassa, DNH at Silvasa | Civil suit | Filed by the company against M/S Krishi Crop Life Science Pvt Ltd and 02 Oth. and 2 others | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Mehta Petro Refineries Ltd. Through Nishith Nitin Mehta | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Sudarshan Pharma Industries Ltd | Pending |
To see the full case history of Sonachi 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.
Credit ratings & regulatory alerts
Sonachi Industries Limited was last rated by Indiarating on 12 Jul 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 12 Jul 2017 |
To see the full credit ratings and regulatory alerts of Sonachi Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sonachi Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sonachi Industries Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Sonachi Industries has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sonachi Industries Limited, buy the company report.
Recent activity
Sonachi Industries Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Anil Harold Fernandes ceased to be Additional Director on 30 Sep 2011.
11 earlier events are in the company report.
Frequently asked questions
Sonachi Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sonachi Industries is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in crop protection, within the agriculture industry. It was incorporated on 18 August 2006 and is registered under CIN U24119MH2006PLC163851. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sonachi Industries has 3 current directors:
- Jyotibhushan Tarkeshwar Tiwari - Managing Director
- Padmabhushan Tarkeshwar Tiwari - Director
- Laxmi Jyotibhushan Tiwari - Director
The latest financial statements of Sonachi Industries 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 CIN (Corporate Identification Number) of Sonachi Industries is U24119MH2006PLC163851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonachi Industries has open charges of ₹30 Cr and satisfied charges of ₹27 Cr as per latest MCA filings.
Sonachi Industries has 46 court cases on record: 10 filed by the company and 36 filed against it. 7 are pending. Most are in the district courts.
Sonachi Industries was incorporated on 18 August 2006. It is registered with the Registrar of Companies, Mumbai.
The peers of Sonachi Industries by revenue are Oasis Limited, Peptech Biosciences Limited, Globex Agri Science Private Limited, Bhaskar Agro Chemicals Limited, Boston Bulk Chemicals (India) Limited and 1 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anil Harold Fernandes ceased to be Additional Director on 30 Sep 2011. Krishna Soni ceased to be Additional Director on 30 Sep 2010. Jyotibhushan Tarkeshwar Tiwari was appointed as Managing Director on 18 Aug 2006. Sonachi Industries has 5 board changes on record in total.
Sonachi Industries can be reached through the website sonachigroup.com. Its registered office is in Mumbai, Maharashtra, India.