- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0000475

Shakti Sugar Mill Private Limited
About Shakti Sugar Mill Private Limited
Data last updated:
Shakti Sugar Mill Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 22 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15122MP2006PTC018723. Its GSTIN is 23AAKCS0145D1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors including Ashok Maheshwari and Vivek 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 404 Skye Corporate Park, Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹278.49 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹17.83 Cr (net margin 6.4%) and EBITDA of ₹35.37 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 14% over five years.
The company has about 148 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹173.88 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 6 cases are pending. The company has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.16 Cr; the latest was in March 2024. Its 10 peer companies in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 5 smaller; the largest is Parrys Sugar Industries Limited with revenue of ₹292.34 Cr.
Shakti Sugar Mill Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0000475). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Shakti Sugar Mill
Contact details
Shakti Sugar Mill Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No.404 Skye Corporate Park, Situated At Plot No. 25 Scheme No – 78 – 2 Niranjanpur, Indore, Madhya Pradesh, India – 452010
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Shakti Sugar Mill Private 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 Shakti Sugar Mill 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 Shakti Sugar Mill Private Limited, buy the company report.
Financials of Shakti Sugar Mill Private Limited
FY 2024 filings availableShakti Sugar Mill Private Limited reported revenue of ₹278.49 Cr (up 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 86% growth in the latest year. EBITDA rose 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹35.37 Cr | ||||
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| Net Profit (PAT) | ₹17.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Shakti Sugar Mill Private Limited, buy the company report.
Board of directors of Shakti Sugar Mill Private Limited
Shakti Sugar Mill has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Maheshwari | Director | 28 May 2008 | 18 Years 5 Months | Current |
| Vivek Maheshwari Also directs: Ramdev Farmer Producer Company Limited, Narmada Sugar Private Limited, Jai Giriraj Rice and Agro Mills Private Limited and 5 more | Director | 28 May 2008 | 18 Years 5 Months | Current |
| Rajesh Maheshwari | Director | 28 May 2008 | 18 Years 5 Months | Current |
| Shailendra Jain | Director | 10 Sep 2011 | 15 Years 1 Months | Current |
| Haripratap Singh Mamar | Director | 23 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Shakti Sugar Mill Private Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parrys Sugar Industries Limited | ₹292.34 Cr (FY 2016) | 47.0% | Bangalore, Karnataka, India | |||
| Shrijee Sugar and Power Private Limited | ₹287.77 Cr (FY 2025) | 34.0% | Indore, Madhya Pradesh, India | |||
| Dhanashree Agro Products Private Limited | ₹282.22 Cr (FY 2022) | 17.0% | Uttarakhand, India | |||
| Shri Subhash Sugar Private Limited | ₹281.74 Cr (FY 2025) | 58.0% | Pune, Maharashtra, India | |||
| Dewan Sugars Limited | ₹279.07 Cr (FY 2025) | -42.0% | Meerut, Uttar Pradesh, India | |||
| Shakti Sugar Mill Private Limitedthis company | ₹278.49 Cr (FY 2025) | ₹17.83 Cr | 6.4% | 86.0% | 148 | Indore, Madhya Pradesh, India |
| P B S Foods (Sugar) Private Limited | ₹278.33 Cr (FY 2025) | -11.0% | Chandpur, Uttar Pradesh, India | |||
| Shamanur Sugars Limited | ₹277.34 Cr (FY 2025) | 7.0% | Davanagere, Karnataka, India | |||
| MRN Bhima Sugar and Power Private Limited | ₹275.79 Cr (FY 2024) | 122.0% | Pune, Maharashtra, India | |||
| Lakshmiji Sugar Mills Company Limited | ₹273.47 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| The Saswad Mali Sugar Factory Ltd | ₹271.38 Cr (FY 2024) | -23.0% | Sholapur, Maharashtra, India |
To see the full peer comparison of Shakti Sugar Mill Private Limited, buy the company report.
Auditor
Shakti Sugar Mill Private Limited is audited by Kimtee& Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kimtee& Associates | FY 2023 | 028667C |
Shareholding
The shareholding of Shakti Sugar Mill Private 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 Shakti Sugar Mill Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2024 | 100895836 | Hdfc Bank Limited | ₹55 Cr | Open | |
| 04 Mar 2023 | 100687752 | Axis Bank Limited | ₹25 Cr | Open | |
| 26 Dec 2022 | 100675248 | State Bank of India | ₹25 Cr | Open | |
| 29 May 2019 | 100288489 | State Bank of India | ₹7.8 Cr | Open | |
| 18 Mar 2017 | 100093027 | State Bank of India | ₹18.5 Cr | Open |
To see the full charge records of Shakti Sugar Mill Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Shakti Sugar Mill Private Limited has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.16 Cr; the latest was in March 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Shakti Sugar Mill Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shakti Sugar Mill Private Limited has 8 court cases on record: 7 filed by Shakti Sugar Mill, 1 filed against it. 6 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 5 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hoshangabad, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Hoshangabad, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Hoshangabad, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Hoshangabad, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Hoshangabad, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
To see the full case history of Shakti Sugar Mill Private 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
Shakti Sugar Mill Private Limited was last rated by Crisil on 20 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Feb 2020 |
To see the full credit ratings and regulatory alerts of Shakti Sugar Mill Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shakti Sugar Mill Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shakti Sugar Mill Private Limited has a workforce of 148 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Shakti Sugar Mill has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCS0145D1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shakti Sugar Mill Private Limited, buy the company report.
Recent activity
Shakti Sugar Mill Private Limited has 9 board changes on record since 2007: 5 appointments and 4 cessations. The latest: Haripratap Singh Mamar was appointed as Director on 23 Jun 2017.
9 earlier events are in the company report.
Frequently asked questions
Shakti Sugar Mill is an active private limited company based in Indore, Madhya Pradesh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 22 June 2006 (20+ years old) and is registered under CIN U15122MP2006PTC018723.
Shakti Sugar Mill has 5 current directors:
- Ashok Maheshwari - Director
- Vivek Maheshwari - Director
- Rajesh Maheshwari - Director
- Shailendra Jain - Director
- Haripratap Singh Mamar - Director
The latest financial statements of Shakti Sugar Mill 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 Shakti Sugar Mill is 23AAKCS0145D1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Shakti Sugar Mill is U15122MP2006PTC018723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Sugar Mill has 8 court cases on record: 7 filed by the company and 1 filed against it. 6 are pending. Most are in the district courts.
Shakti Sugar Mill was incorporated on 22 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
Shakti Sugar Mill has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.16 Cr; the latest was in March 2024.
The peers of Shakti Sugar Mill by revenue are Parrys Sugar Industries Limited, Shrijee Sugar and Power Private Limited, Dhanashree Agro Products Private Limited, Shri Subhash Sugar Private Limited, Dewan Sugars Limited and 5 more, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).
Haripratap Singh Mamar was appointed as Director on 23 Jun 2017. Ajay Raj Mamar ceased to be Director on 15 Apr 2016. Hemraj Mamar ceased to be Director on 18 Oct 2013. Shakti Sugar Mill has 9 board changes on record in total.
Yes, Shakti Sugar Mill is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0000475).

