- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0089188

About Mukteshwar Sugar Mills Limited
Data last updated:
Mukteshwar Sugar Mills Limited is a public limited company based in Pune, Maharashtra, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 15 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15424PN2007PLC129478. Its GSTIN is 27AAECM9672M1ZP (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Lata Motilal Sharma and Asha Bhausaheb Nikam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 210 The Pentagon Shahu College Road Parvati, Pune, Maharashtra, India – 411009.
As per the financials filed for FY 2023, the company reported a revenue of ₹135 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Cr (net margin 2%) and EBITDA of ₹8.28 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 20% over five years.
The company has about 165 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Giridhar Group. As per MCA filings, the company has open charges of ₹93 Cr and satisfied charges of ₹285.4 Cr on record. Court records list 40 cases involving the company, including 30 filed by the company and 10 filed against it; 24 cases are pending.
Mukteshwar Sugar Mills Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0089188). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website giridhargroup.com.
Company details
Recognitions & Rankings of Mukteshwar Sugar Mills
Contact details
Mukteshwar Sugar Mills Limited's registered office is in Pune, Maharashtra. Its website is giridhargroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address210 The Pentagon Shahu College Road Parvati, Pune, Maharashtra, India – 411009
- IndustryAgriculture, Sugar Processing
To see the full contact details of Mukteshwar Sugar Mills 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
Mukteshwar Sugar Mills operates one associated brand: Giridhar Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in residential and commercial property development services. | giridhargroup.com |
Financials of Mukteshwar Sugar Mills Limited
FY 2024 filings availableMukteshwar Sugar Mills Limited reported revenue of ₹135 Cr (down 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹135 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.7 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Mukteshwar Sugar Mills Limited, buy the company report.
Board of directors of Mukteshwar Sugar Mills Limited
Mukteshwar Sugar Mills has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lata Motilal Sharma Also directs: Giridhar Metal Industries Private Limited | Director | 14 Sep 2009 | 17 Years 2 Months | Current |
| Asha Bhausaheb Nikam Also directs: Ulka Industries Private Limited, Ulka Engineers Pvt Ltd., Re-Form Mercantile Private Limited and 1 more | Director | 14 Sep 2009 | 17 Years 2 Months | Current |
| Maithili Sachin Nikam Also directs: Ulka Industries Private Limited, Re-Form Mercantile Private Limited, Mukam Finvest Limited and 5 more | Director | 01 Sep 2017 | 9 Years 2 Months | Current |
| Shriya Dhiraj Nikam | Director | 07 Nov 2017 | 9 Years 0 Months | Current |
Auditor
Mukteshwar Sugar Mills Limited is audited by SHARMA DALIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA DALIYA & ASSOCIATES | FY 2023 | 129966W |
Shareholding
The shareholding of Mukteshwar Sugar Mills Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mukteshwar Sugar Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2024 | 101017210 | State Bank of India | ₹25 Cr | Satisfied | |
| 02 Sep 2023 | 100784605 | State Bank of India | ₹15 Cr | Satisfied | |
| 04 Mar 2023 | 100684095 | Bank of India | ₹28 Cr | Satisfied | |
| 17 Feb 2023 | 100691153 | State Bank of India | ₹25 Cr | Satisfied | |
| 27 Jul 2022 | 100598531 | Bank of India | ₹15 Cr | Satisfied |
To see the full charge records of Mukteshwar Sugar Mills Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Mukteshwar Sugar Mills Limited has 40 court cases on record: 30 filed by Mukteshwar Sugar Mills, 10 filed against it. 24 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 9 | 23 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Shri Saikrupa Sugar and Allied Industries Limited Through Its Law Officer and Others and 5 others | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Court case (Cri.Appeal) | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Pending |
| District court, Aurangabad, Maharashtra | Court case (Reg Dkst) | Filed by the company against individuals | Pending |
To see the full case history of Mukteshwar Sugar Mills 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
Mukteshwar Sugar Mills Limited was last rated by Care on 05 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Feb 2021 |
To see the full credit ratings and regulatory alerts of Mukteshwar Sugar Mills Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mukteshwar Sugar Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mukteshwar Sugar Mills Limited has a workforce of 165 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 165 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Mukteshwar Sugar Mills Limited, buy the company report.
GST
Mukteshwar Sugar Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM9672M1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mukteshwar Sugar Mills Limited, buy the company report.
Recent activity
Mukteshwar Sugar Mills Limited has 20 board changes on record since 2007: 12 appointments and 8 cessations. The latest: Srishitha Kattam Reddy ceased to be Additional Director on 29 Oct 2021.
60 earlier events are in the company report.
Frequently asked questions
Mukteshwar Sugar Mills is an active public limited company based in Pune, Maharashtra, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 15 January 2007 (19+ years old) and is registered under CIN U15424PN2007PLC129478.
Mukteshwar Sugar Mills has 4 current directors:
- Lata Motilal Sharma - Director
- Asha Bhausaheb Nikam - Director
- Maithili Sachin Nikam - Director
- Shriya Dhiraj Nikam - Director
The latest financial statements of Mukteshwar Sugar Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mukteshwar Sugar Mills is 27AAECM9672M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mukteshwar Sugar Mills is U15424PN2007PLC129478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mukteshwar Sugar Mills has 40 court cases on record: 30 filed by the company and 10 filed against it. 24 are pending. Most are in the district courts.
Mukteshwar Sugar Mills was incorporated on 15 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Srishitha Kattam Reddy ceased to be Additional Director on 29 Oct 2021. Srishitha Kattam Reddy was appointed as Additional Director on 05 Jul 2021. Dhiraj Bhausaheb Nikam ceased to be Director on 24 Aug 2019. Mukteshwar Sugar Mills has 20 board changes on record in total.
Yes, Mukteshwar Sugar Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0089188).
Mukteshwar Sugar Mills can be reached through the website giridhargroup.com. Its registered office is in Pune, Maharashtra, India.

