
About Sesa Resources Limited
Data last updated:
Sesa Resources Limited is a public limited company based in Panaji, Goa, India, a subsidiary of Vedanta Limited. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 22 April 1965 and has been in existence for over 61 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U13209GA1965PLC000030. Its GSTIN is 30AAACV7160R1Z0 (Goa).
The company has an authorised share capital of ₹14.95 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as V. S. Dempo & Company Limited and V. S. Dempo & Company Private Limited. It is led by directors including Navin Kumar Jaju and Narayanaswamy Alampallam Ramakrishnan.
Its last annual general meeting (AGM) was held on 07 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sesa Ghor 20 Edc Complex Patto, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.37 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net loss of ₹2.76 Cr (net margin -2.5%) and EBITDA of ₹72.84 Cr (EBITDA margin 65.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 33% over five years.
The company has about 115 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹2.19 Cr and satisfied charges of ₹1,867.27 Cr on record. Court records list 142 cases involving the company, including 88 filed by the company and 38 filed against it; 64 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sesagoaironore.com.
Name History of Sesa Resources Limited
Sesa Resources has undergone 2 name changes throughout its history. The company was previously known as V. S. Dempo & Company Limited, and V. S. Dempo & Company Private Limited. The current legal name is Sesa Resources Limited.
| Company Name | Status |
|---|---|
| Sesa Resources Limited | Current |
| V. S. Dempo & Company Limited | Previous |
| V. S. Dempo & Company Private Limited | Previous |
CIN History of Sesa Resources Limited
Sesa Resources has one previous CIN (Corporate Identification Number): U13209GA1965PTC000030. The current CIN is U13209GA1965PLC000030, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13209GA1965PLC000030 | Current |
| U13209GA1965PTC000030 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSesa Ghor 20 Edc Complex Patto, Panaji, Goa, India – 403001
- IndustryMetals and Minerals, Mining & Mineral Extraction, Other Metals & Minerals
- 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 Sesa Resources Limited
The main business activity of Sesa Resources is mining and quarrying. In detail, this covers mining of metal ores.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores | 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 Sesa Resources Limited FY 2025 filings available
Sesa Resources Limited reported revenue of ₹111.37 Cr (up 110% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sesa Resources Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 110% growth in the latest year. EBITDA rose 131% 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 Sesa Resources 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 | ₹72.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.76 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 Sesa Resources Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 Sesa Resources 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 Sesa Resources Limited
Sesa Resources has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Kumar Jaju Also directs: Sesa Mining Corporation Limited, Sesa Iron and Steel Limited, Vedanta Iron and Steel Limited and 5 more | Director | 10 Aug 2020 | 6 Years 2 Months | Current |
| Leena Bhiku Verenkar Also directs: Sesa Mining Corporation Limited, Sesa Iron and Steel Limited, Sterlite Iron and Steel Company Limited and 2 more | Additional Director | 23 Dec 2022 | 3 Years 9 Months | Current |
| Narayanaswamy Alampallam Ramakrishnan Also directs: Sesa Mining Corporation Limited, Sesa Iron and Steel Limited, Malco Energy Limited and 5 more | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
Peer Comparison of Sesa Resources Limited
Sesa Resources Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akshat Fuels Private Limited | ₹114.78 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Raipur, Chhattisgarh, India |
| Yashu Iron Private Limited | ₹114.56 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Shreeshyam Metaliks Private Limited | ₹114.52 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Jharsuguda, Odisha, India |
| Chandersheel Coal & Energy Private Limited | ₹113.95 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Gurgaon, Haryana, India |
| Sangam Metals India Private Limited | ₹113.86 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mandi Gobindgarh, Punjab, India |
| Sesa Resources Limited this company | ₹111.37 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Panaji, Goa, India |
| Taurian Comtrade Private Limited | ₹111.32 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Ranchi, Jharkhand, India |
| Steels and Carriers Private Limited | ₹111.18 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Rourkela, Odisha, India |
| Starke International Exim Private Limited | ₹110.66 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| RG Tradelink Private Limited | ₹110.42 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Chandauli, Uttar Pradesh, India |
| Green Earth Coal and Logistics Private Limited | ₹110.26 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Sesa Resources by revenue in the Metals and Minerals industry (Materials Retail and Distribution), 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 Sesa Resources Limited
Sesa Resources Limited is audited by S R B C AND CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C AND 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.
Ownership and Shareholding of Sesa Resources 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 Sesa Resources Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2023 | Others | ₹1.65 Cr | Open |
| 31 May 2021 | Others | ₹54 Lakh | Open |
| 26 Mar 2024 | Others | ₹1,600 Cr | Satisfied |
| 25 Sep 2006 | Standard Chartered Bank | ₹46.5 Cr | Satisfied |
| 14 Sep 2005 | Canara Bank | ₹30 Cr | Satisfied |
Total charge records: 20 View all charges
Legal Cases of Sesa Resources Limited
Sesa Resources Limited has 142 court cases on record: 88 filed by Sesa Resources, 38 filed against it, 16 where it is another party. 64 cases are pending and 78 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 96 | 22 | 43 |
| District courts | 27 | 9 | 12 |
| Supreme Court | 13 | 7 | 4 |
| NCLAT | 6 | 0 | 5 |
Cases on record (5 of 142)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Dinar Tarcar Resources (India) Private Limited | Pending |
| District court, South Goa, Goa | Commercial suit | Filed against the company by Dinar Tarcar Resources (India) Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Piramal Finance Limited and 5 others | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Catalyst Trusteeship Limited and 4 others | Pending |
| Bombay High Court | Court case (AAR) | Filed by the company against Minescape Minerals Private Limited | Disposed |
Full case history
All 142 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.
MSME Payment Delays by Sesa Resources Limited
Sesa Resources Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 246 overdue payments to 54 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 (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tyresoles (India) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ansh Structural Lab Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Marine Electrical Agencies | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sesa Resources Limited
Sesa Resources Limited has a workforce of 115 employees as of Apr 08, 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.
Group Structure of Sesa Resources Limited
Sesa Resources has 3 subsidiary companies and 1 associated 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 |
|---|---|---|
| Sesa Mining Corporation Limited | U13209GA1969PLC000091 | Locked |
| Paradip Multi Cargo Berth Private Limited | U35100TN2011PTC079116 | Locked |
| Sterlite Ports Limited | U40109TN2010PLC084216 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Sesa Resources Limited
Sesa Resources Limited has 25 board changes on record since 2009: 3 appointments and 22 cessations. The latest: Leena Bhiku Verenkar ceased to be Additional Director on 29 Jun 2023.
65 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sesa Resources 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.
Subsidiaries & Group Companies of Sesa Resources 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 Sesa Resources Limited
Sesa Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACV7160R1Z0 | Goa | 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 Sesa Resources 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 Sesa Resources Limited
Sesa Resources is an active public limited company based in Panaji, Goa, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 22 April 1965 (61+ years old) and is registered under CIN U13209GA1965PLC000030.
Sesa Resources reported revenue of ₹111.37 Cr for FY 2025 (up 110% YoY).
Sesa Resources has 3 current directors:
- Navin Kumar Jaju - Director
- Leena Bhiku Verenkar - Additional Director
- Narayanaswamy Alampallam Ramakrishnan - Director
Sesa Resources reported a net loss of ₹2.76 Cr (net margin -2.5%) and EBITDA of ₹72.84 Cr (EBITDA margin 65.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sesa Resources is 18% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 110%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sesa Resources is 30AAACV7160R1Z0, registered in Goa.
The CIN (Corporate Identification Number) of Sesa Resources is U13209GA1965PLC000030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sesa Resources has 142 court cases on record: 88 filed by the company and 38 filed against it. 64 are pending. Most are in the high courts.
Sesa Resources was incorporated on 22 April 1965, making it 61+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Sesa Resources by revenue are Akshat Fuels Private Limited, Yashu Iron Private Limited, Shreeshyam Metaliks Private Limited, Chandersheel Coal & Energy Private Limited, Sangam Metals India Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Leena Bhiku Verenkar ceased to be Additional Director on 29 Jun 2023. Leena Bhiku Verenkar was appointed as Additional Director on 23 Dec 2022. Navin Kumar Jaju ceased to be Director on 10 Aug 2022. Sesa Resources has 25 board changes on record in total.
Sesa Resources has 11 MSME Form 1 returns on record between 2019 and 2024, listing 246 overdue payments to 54 micro and small suppliers. The latest return was filed on 29 Apr 2024.