Narmada Sugar Private Limited
About Narmada Sugar Private Limited
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Narmada Sugar Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 30 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01542MP2000PTC014147. Its GSTIN is 23AAACJ9652J1ZE (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹2.28 Cr. It was formerly known as Jawandhiya Sugar Private Limited. It is led by directors including Vineet Maheshwari and Ashok Maheshwari.
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 Unit No.404 Skye Corporate Park Situated At Plot No. 25, Scheme No – 78 – 2 Niranjanpur Indore (M.P.), Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹360.71 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹86 Cr (net margin 23.8%) and EBITDA of ₹122.19 Cr (EBITDA margin 33.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 259 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹362.62 Cr and satisfied charges of ₹53.34 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressUnit No.404 Skye Corporate Park Situated At Plot No. 25, Scheme No – 78 – 2 Niranjanpur Indore (M.P.), Madhya Pradesh, India – 452010
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Narmada Sugar Private Limited
The main business activities of Narmada Sugar are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers food, beverages and tobacco products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Narmada Sugar Private Limited
Narmada Sugar Private Limited is audited by Mantri Ranjan & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mantri Ranjan & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Narmada Sugar Private Limited
Narmada Sugar has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Maheshwari Also directs: Ramdev Farmer Producer Company Limited | Director | 30 Mar 2000 | 26 Years 6 Months | Current |
| Ashok Maheshwari | Director | 30 Mar 2000 | 26 Years 6 Months | Current |
| Vivek Maheshwari | Director | 09 Feb 2010 | 16 Years 7 Months | Current |
| Rajesh Maheshwari | Director | 30 Mar 2000 | 26 Years 6 Months | Current |
| Kishor Maheshwari Also directs: Ramdev Farmer Producer Company Limited | Director | 30 Mar 2000 | 26 Years 6 Months | Current |
Financials of Narmada Sugar Private Limited FY 2024 filings available
Narmada Sugar Private Limited reported revenue of ₹360.71 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Narmada Sugar Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 20% 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 of Narmada Sugar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹122.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹86 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 of Narmada Sugar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Narmada Sugar are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Narmada Sugar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Narmada Sugar Private Limited
Narmada Sugar has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Anandam Minerals Private Limited | U14100MP2022PTC059711 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Narmada Sugar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Hdfc Bank Limited | ₹1.59 Cr | Open |
| 27 Dec 2024 | Hdfc Bank Limited | ₹45 Cr | Open |
| 10 Jan 2024 | Axis Bank Limited | ₹35 Cr | Open |
| 28 Nov 2023 | Hdfc Bank Limited | ₹1.32 Cr | Open |
| 31 Jan 2023 | Hdfc Bank Limited | ₹1.06 Cr | Open |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Narmada Sugar Private Limited
Narmada Sugar Private Limited has a workforce of 259 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Narmada Sugar Private Limited
Narmada Sugar has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACJ9652J1ZE | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAACJ9652J2ZD | Madhya Pradesh | Active | 26 Sep 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Narmada Sugar Private Limited
Narmada Sugar Private Limited has 8 court cases on record: 7 filed by Narmada Sugar, 1 where it is another party. 2 cases are pending and 6 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Assistant Commissioner of Income Tax | Pending |
| High Court of Madhya Pradesh | Writ petition | Company is another party | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Narmada Sugar Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Narmada Sugar Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Narmada Sugar Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Narmada Sugar Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Narmada Sugar Private Limited
Frequently Asked Questions about Narmada Sugar Private Limited
Narmada Sugar is an active private limited company based in Indore, Madhya Pradesh, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 30 March 2000 (26+ years old) and is registered under CIN U01542MP2000PTC014147.
Narmada Sugar reported revenue of ₹360.71 Cr for FY 2024 (down 1% YoY).
Narmada Sugar has 5 current directors:
- Vineet Maheshwari - Director
- Ashok Maheshwari - Director
- Vivek Maheshwari - Director
- Rajesh Maheshwari - Director
- Kishor Maheshwari - Director
Narmada Sugar reported a net profit of ₹86 Cr (net margin 23.8%) and EBITDA of ₹122.19 Cr (EBITDA margin 33.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Narmada Sugar is 6% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Narmada Sugar is 23AAACJ9652J1ZE, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAACJ9652J2ZD (Madhya Pradesh).
The CIN (Corporate Identification Number) of Narmada Sugar is U01542MP2000PTC014147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narmada Sugar has 8 court cases on record: 7 filed by the company. 2 are pending. Most are in the high courts.
Narmada Sugar was incorporated on 30 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Gwalior.