Nikhil Sugar Private Limited
About Nikhil Sugar Private Limited
Data last updated:
Nikhil Sugar Private Limited is a private limited company based in Harda Mp, Madhya Pradesh, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 15 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01542MP2005PTC017963. Its GSTIN is 23AACCN2004L1ZW (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.11 Cr. It was formerly known as Nikhil Sugar Limited. It is led by directors including Siddharth Agrawal and Vishal Agrawal.
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 Ganesh Ginning Campuschhipaner Road, Harda Mp, Madhya Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹19,910, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹67.36 Lakh and EBITDA of -₹57.04 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 77% over five years.
As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹13.48 Cr on record. Court records list 9 cases involving the company, including 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Nikhil Sugar Private Limited
Nikhil Sugar has one previous CIN (Corporate Identification Number): U01542MP2005PLC017963. The current CIN is U01542MP2005PTC017963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01542MP2005PTC017963 | Current |
| U01542MP2005PLC017963 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGanesh Ginning Campuschhipaner Road, Harda Mp, Madhya Pradesh, India
- IndustryAgriculture, Sugar Processing
- 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 Nikhil Sugar Private Limited
The main business activity of Nikhil Sugar is manufacturing. In detail, this covers food, beverages and tobacco products.
| 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 |
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.
Financials of Nikhil Sugar Private Limited FY 2024 filings available
Nikhil Sugar Private Limited reported revenue of ₹19,910 (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nikhil Sugar Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years, including a 98% fall in the latest year. EBITDA fell 5% 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 Nikhil Sugar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹57.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹67.36 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 of Nikhil Sugar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Nikhil 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.
Board of Directors of Nikhil Sugar Private Limited
Nikhil Sugar has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Agrawal | Director | 23 May 2019 | 7 Years 4 Months | Current |
| Vishal Agrawal | Additional Director | 20 Feb 2016 | 10 Years 8 Months | Current |
| Vikrant Agrawal | Additional Director | 20 Feb 2016 | 10 Years 8 Months | Current |
Peer Comparison of Nikhil Sugar Private Limited
Nikhil Sugar Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Sugar). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Invertex India Private Limited | ₹23,389 (FY 2020) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Shraddha Energy & Sugar Private Limited | ₹21,059 (FY 2019) | •••• | •••• | -82.0% | •••• | Pune, Maharashtra, India |
| H.B. Sugar Industries Limited | ₹20,480 (FY 2025) | •••• | •••• | 21.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sugar Pie Education Centers Private Limited | ₹20,000 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| S. B. Sugar Limited | ₹20,000 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Nikhil Sugar Private Limited this company | ₹19,910 (FY 2025) | •••• | •••• | -98.0% | •••• | Harda Mp, Madhya Pradesh, India |
| Bsi Limited | ₹19,610 (FY 2025) | •••• | •••• | 2235.0% | •••• | Bhopal, Madhya Pradesh, India |
| Giranamosam Sugar Agro and Allied Industries Limited | ₹18,160 (FY 2025) | •••• | •••• | 18.0% | •••• | Malegaon, Maharashtra, India |
| Krishna Milling Tech Private Limited | ₹17,855 (FY 2024) | •••• | •••• | -49.0% | •••• | Bangalore, Karnataka, India |
| Doghat Organics Private Limited | ₹15,200 (FY 2023) | •••• | •••• | •••• | Muradnagar, Uttar Pradesh, India | |
| Avyaktaya Industries Private Limited | ₹15,069 (FY 2025) | •••• | •••• | •••• | Hardwar, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Nikhil Sugar by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nikhil Sugar Private Limited
Nikhil Sugar Private Limited is audited by NAGORI NUWAL & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAGORI NUWAL & COMPANY | 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.
Ownership and Shareholding of Nikhil 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.
Charges & Borrowings of Nikhil Sugar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2014 | Bank of India | ₹2.25 Cr | Open |
| 26 Nov 2012 | State Bank of India | ₹1.84 Cr | Satisfied |
| 16 Jun 2006 | State Bank of India | ₹11.64 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Nikhil Sugar Private Limited
Nikhil Sugar Private Limited has 9 court cases on record: 5 filed against it, 4 where it is another party. 2 cases are pending and 7 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| District courts | 3 | 3 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Court case (MCC) | Filed against the company by Great Galleon Ventures Limited | Disposed |
| High Court of Madhya Pradesh | Revision petition | Filed against the company by Great Galleon Ventures Limited | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (RCT) | Filed against the company by Company Registrar | Pending |
| High Court of Madhya Pradesh | Court case (RP) | Company is another party | Disposed |
| High Court of Madhya Pradesh | Court case (CONC) | Company is another party | Disposed |
Full case history
All 9 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.
Employees and EPFO Compliance at Nikhil Sugar Private Limited
Nikhil Sugar Private Limited has a workforce of 0 employees as of Apr 03, 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.
Recent Activity on Nikhil Sugar Private Limited
Nikhil Sugar Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Hemant Kumar Agrawal ceased to be Director on 03 Jun 2019.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nikhil 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 Nikhil 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 Nikhil 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.
GST Compliance of Nikhil Sugar Private Limited
Nikhil Sugar has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCN2004L1ZW | Madhya Pradesh | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Nikhil 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.
Frequently Asked Questions about Nikhil Sugar Private Limited
Nikhil Sugar is an active private limited company based in Harda Mp, Madhya Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 15 September 2005 (21+ years old) and is registered under CIN U01542MP2005PTC017963.
Nikhil Sugar reported revenue of ₹19,910 for FY 2025 (down 98% YoY).
Nikhil Sugar has 3 current directors:
- Siddharth Agrawal - Director
- Vishal Agrawal - Additional Director
- Vikrant Agrawal - Additional Director
Nikhil Sugar reported a net loss of ₹67.36 Lakh and EBITDA of -₹57.04 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nikhil Sugar is -90% over three years and -77% over five years. In the latest year (FY 2025) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nikhil Sugar is 23AACCN2004L1ZW, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nikhil Sugar is U01542MP2005PTC017963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil Sugar has 9 court cases on record: 5 filed against it. 2 are pending. Most are in the high courts.
Nikhil Sugar was incorporated on 15 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Nikhil Sugar by revenue are Invertex India Private Limited, Shraddha Energy & Sugar Private Limited, H.B. Sugar Industries Limited, Sugar Pie Education Centers Private Limited, S. B. Sugar Limited and 5 more, all in the Agriculture industry (Sugar).
Hemant Kumar Agrawal ceased to be Director on 03 Jun 2019. Mahesh Kumar Agrawal ceased to be Director on 03 Jun 2019. Vipin Kumar Agrawal ceased to be Managing Director on 03 Jun 2019. Nikhil Sugar has 10 board changes on record in total.