- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0032403

About Prakash Oils Limited.
Data last updated:
Prakash Oils Limited. is a public limited company based in Dhar, Madhya Pradesh, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 12 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15141MP1986PLC003579. Its GSTIN is 23AABCP8087G1ZB (Madhya Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.71 Cr. It was formerly known as Prakash Oils Private Limited. It is led by directors Anandram Hotchand (Managing Director) and Ajit Nim.
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 Villege – Kheda Pithampur, Dhar, Madhya Pradesh, India – 454774.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.97 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹3.35 Cr (net margin -28%) and EBITDA of -₹2.28 Cr (EBITDA margin -19%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 45% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹93.6 Cr on record.
Prakash Oils Limited. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0032403). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website prakashoils.com.
Company details
CIN history
Prakash Oils Limited has one previous CIN (Corporate Identification Number): L15141MP1986PLC003579. The current CIN is U15141MP1986PLC003579, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15141MP1986PLC003579 | Current |
| L15141MP1986PLC003579 | Previous |
Recognitions & Rankings of Prakash Oils Limited
Contact details
Prakash Oils Limited.'s registered office is in Dhar, Madhya Pradesh. Its website is prakashoils.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillege – Kheda Pithampur, Dhar, Madhya Pradesh, India – 454774
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Prakash Oils 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
Business activity
The main business activity of Prakash Oils Limited is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Prakash Oils Limited., buy the company report.
Financials of Prakash Oils Limited.
FY 2024 filings availablePrakash Oils Limited. reported revenue of ₹11.97 Cr (up 80% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA fell 170% 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 |
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| EBITDA | -₹2.28 Cr | ||||
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| Net Profit (PAT) | -₹3.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -19% | ||||
| Net Profit Margin | -28% | ||||
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To see the full financial statements and ratios of Prakash Oils Limited., buy the company report.
Board of directors and KMP of Prakash Oils Limited.
Prakash Oils Limited. currently reports 2 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Nim | Director | 27 Jan 2009 | 17 Years 8 Months | Current |
| Shakhwatrai Punjaibi | Cfo | 14 Aug 2019 | 7 Years 2 Months | Current |
| Anandram Hotchand Also directs: M.S.Soya Link Private Limited | Managing Director | 12 Sep 1986 | 40 Years 1 Months | Current |
Auditor
Prakash Oils Limited. is audited by Mahesh Virendra and Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh Virendra and Company | FY 2022 | 09130C |
Shareholding
The shareholding of Prakash Oils Limited. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prakash Oils Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2017 | 100139091 | Others | ₹10 Lakh | Satisfied | |
| 21 Feb 2014 | 10480179 | Bank of India | ₹20.5 Cr | Satisfied | |
| 05 Dec 1995 | 90210150 | Oriental Bank of Commerce | ₹50 Lakh | Satisfied | |
| 16 Feb 1994 | 90207436 | Oriental Bank of Commerce | ₹2 Cr | Satisfied | |
| 16 Feb 1994 | 90210141 | Oriental Bank of Commerce | ₹1.5 Cr | Satisfied |
To see the full charge records of Prakash Oils Limited., buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Prakash Oils Limited. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Prakash Oils Limited. was last rated by Icra on 21 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Jan 2022 |
To see the full credit ratings and regulatory alerts of Prakash Oils Limited., buy the company report.
MSME payment delays
Prakash Oils Limited. has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Detective and Security Services | |||
| Alfred H Knight India Private Limited | |||
| Super Mechanical Seal Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Prakash Oils Limited., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Prakash Oils Limited. has a workforce of 2 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Prakash Oils Limited has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCP8087G1ZB | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prakash Oils Limited., buy the company report.
Recent activity
Prakash Oils Limited. has 19 board changes on record since 1986: 3 appointments and 16 cessations. The latest: Sunil Hirwani ceased to be Director on 01 Apr 2024.
23 earlier events are in the company report.
Frequently asked questions
Prakash Oils Limited is an active public limited company based in Dhar, Madhya Pradesh, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 12 September 1986 (40+ years old) and is registered under CIN U15141MP1986PLC003579.
Prakash Oils Limited has 3 current directors and KMP:
- Anandram Hotchand - Managing Director
- Ajit Nim - Director
- Shakhwatrai Punjaibi - Cfo
The latest financial statements of Prakash Oils Limited 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 Prakash Oils Limited is 23AABCP8087G1ZB, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Prakash Oils Limited is U15141MP1986PLC003579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakash Oils Limited was incorporated on 12 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Gwalior.
Sunil Hirwani ceased to be Director on 01 Apr 2024. Shakhwatrai Punjaibi was appointed as CFO on 14 Aug 2019. Jyoti Bhagyawani ceased to be Additional Director on 03 Jan 2019. Prakash Oils Limited has 19 board changes on record in total.
Yes, Prakash Oils Limited is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0032403).
Prakash Oils Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Prakash Oils Limited can be reached through the website prakashoils.com. Its registered office is in Dhar, Madhya Pradesh, India.
The registered office of Prakash Oils Limited is at Villege – Kheda Pithampur, Dhar, Madhya Pradesh, India – 454774.