About Sonear Industries Limited
Data last updated:
Sonear Industries Limited is a public limited company based in New Delhi, Delhi, 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 wood products and mdf segment of the manufacturing sector. It was incorporated on 14 May 2004.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U20211DL2004PLC126381. Its GSTIN is 06AABCD9865C2ZM (Haryana). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹15.1 Cr. It was formerly known as Sonear Industries Private Limited and Donear Decor Private Limited. It is led by directors including Jitendra Kejriwal (Managing Director) and Mohan Kumar Jha.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 20 North West Avenue Punjabi Bagh, New Delhi, Delhi, India – 110026.
As per the financials filed for FY 2017, the company reported a revenue of ₹58.75 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹96 Cr (net margin -163.4%) and EBITDA of -₹74.53 Cr (EBITDA margin -126.9%).
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sonear Ply. As per MCA filings, the company has open charges of ₹176.98 Cr and satisfied charges of ₹14.91 Cr on record. Court records list 19 cases involving the company, including 6 filed by the company and 13 filed against it; 2 cases are pending.
The last known website on record is sonearply.com.
Company details
Name history
Sonear Industries has undergone 2 name changes throughout its history. The company was previously known as Sonear Industries Private Limited, and Donear Decor Private Limited. The current legal name is Sonear Industries Limited.
| Company Name | Status |
|---|---|
| Sonear Industries Limited | Current |
| Sonear Industries Private Limited | Previous |
| Donear Decor Private Limited | Previous |
CIN history
Sonear Industries has one previous CIN (Corporate Identification Number): U20211DL2004PTC126381. The current CIN is U20211DL2004PLC126381, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20211DL2004PLC126381 | Current |
| U20211DL2004PTC126381 | Previous |
Contact details
Sonear Industries Limited's registered office is in New Delhi, Delhi. Its website is sonearply.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address20 North West Avenue Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Sonear 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
Sonear Industries operates one associated brand: Sonear Ply. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures plywood, veneers, and flush doors for interior design solutions. | sonearply.com |
Business activity
The main business activity of Sonear Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Sonear Industries Limited, buy the company report.
Financials of Sonear Industries Limited
FY 2017 filings availableSonear Industries Limited reported revenue of ₹58.75 Cr (down 37% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year. EBITDA fell 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹58.75 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹74.53 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹96 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -126.9% | ||
| Net Profit Margin | -163.4% | ||
| 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 Sonear Industries Limited, buy the company report.
Board of directors of Sonear Industries Limited
Sonear Industries has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Kumar Jha | Director | 09 Jul 2016 | 10 Years 3 Months | As last reported |
| Roop Kishore Tuli | Director | 01 Nov 2015 | 10 Years 11 Months | As last reported |
| Jitendra Kejriwal Also directs: Donear Plywood Limited, Surya Vikas Plywood Limited, Surya Decolam Private Limited and 3 more | Managing Director | 14 May 2004 | 22 Years 5 Months | As last reported |
Peer comparison
Sonear Industries Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stone Hill Ply Industries Private Limited | ₹60.46 Cr (FY 2024) | 19.0% | Hapur, Uttar Pradesh, India | |||
| R.P. Wood Products Private Limited | ₹59.64 Cr (FY 2024) | 32.0% | Ajmer, Rajasthan, India | |||
| Maple Mouldings Private Limited | ₹59.11 Cr (FY 2024) | -2.0% | Thane, Maharashtra, India | |||
| Splice Laminates Private Limited | ₹59.07 Cr (FY 2024) | 51.0% | Gorakhpur, Uttar Pradesh, India | |||
| Sonear Industries Limitedthis company | ₹58.75 Cr (FY 2017) | -₹96 Cr | -163.4% | -37.0% | 39 | New Delhi, Delhi, India |
| Hunsur Plywood Works Private Limited | ₹58.01 Cr (FY 2025) | -7.0% | Hunsur, Karnataka, India | |||
| Kriday Overseas Private Limited | ₹57.59 Cr (FY 2024) | -71.0% | Bahadurgarh, Haryana, India | |||
| Daya Decorative Laminates Private Limited | ₹55.99 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sonear Industries Limited, buy the company report.
Auditor
Sonear Industries Limited is audited by A R & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R & CO | FY 2017 | 002744C |
Shareholding
The shareholding of Sonear Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sonear Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2006 | 10026792 | Oriental Bank of Commerce | ₹8.25 Cr | Open | |
| 07 Nov 2005 | 80001491 | Oriental Bank of Commerce | ₹168.73 Cr | Open | |
| 12 Jul 2012 | 10369980 | Oriental Bank of Commerce | ₹41.53 Lakh | Satisfied | |
| 07 Nov 2005 | 80063382 | Oreintal Bank of Commerce | ₹7.2 Cr | Satisfied | |
| 07 Jul 2005 | 90051677 | Citicorp Finance India Ltd | ₹9 Lakh | Satisfied |
To see the full charge records of Sonear Industries Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sonear Industries Limited has 19 court cases on record: 6 filed by Sonear Industries, 13 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 2 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Puri, Orissa | Civil suit | Filed against the company by Ms Indeco Consortium Pvt. Ltd and Another | Pending |
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed against the company by M/S. Inland World Logistics (P) Ltd. THR. Authorised Officer R-221/2, Stand Bank Road, Kolkata-700001 West Bengal , District: Kolkata ,Kolkata , West Bengal | Disposed |
| District court, West, Delhi | Interim or miscellaneous application | Filed by the company against M/S Ganpati Lam and Ply Pvt. Ltd. and 2 others | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed by the company against Indeco Consortium P. Ltd. | Disposed |
| Supreme Court | Court case (1802-Ordinary Civil Matters : T.P. Under Section 25 of the C.P.C.) | Filed against the company by M/S. Indeco Consortium Pvt. Ltd. THR. Its Director | Disposed |
To see the full case history of Sonear 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 Sonear Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sonear Industries has 4 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Employees & EPFO
Sonear Industries Limited has a workforce of 39 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Sonear Industries has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCD9865C2ZM | Haryana | Active | 29 Jan 2020 |
To see the full GST registrations and return filing status of Sonear Industries Limited, buy the company report.
Recent activity
Sonear Industries Limited has 18 board changes on record since 2004: 3 appointments and 15 cessations. The latest: Roop Kishore Tuli ceased to be Director on 30 May 2018.
21 earlier events are in the company report.
Frequently asked questions
Sonear 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.
Sonear Industries is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 14 May 2004 and is registered under CIN U20211DL2004PLC126381. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sonear Industries has 3 current directors:
- Jitendra Kejriwal - Managing Director
- Mohan Kumar Jha - Director
- Roop Kishore Tuli - Director
The latest financial statements of Sonear Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sonear Industries is U20211DL2004PLC126381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonear Industries has open charges of ₹176.98 Cr and satisfied charges of ₹14.91 Cr as per latest MCA filings.
Sonear Industries has 19 court cases on record: 6 filed by the company and 13 filed against it. 2 are pending. Most are in the district courts.
Sonear Industries was incorporated on 14 May 2004. It is registered with the Registrar of Companies, Delhi.
The peers of Sonear Industries by revenue are Stone Hill Ply Industries Private Limited, R.P. Wood Products Private Limited, Maple Mouldings Private Limited, Splice Laminates Private Limited, Hunsur Plywood Works Private Limited and 2 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Roop Kishore Tuli ceased to be Director on 30 May 2018. Mohan Kumar Jha ceased to be Additional Director on 30 Sep 2016. Mohan Kumar Jha was appointed as Director on 09 Jul 2016. Sonear Industries has 18 board changes on record in total.
Sonear Industries can be reached through the website sonearply.com. Its registered office is in New Delhi, Delhi, India.