Sheetal Refineries Limited
About Sheetal Refineries Limited
Data last updated:
Sheetal Refineries Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 06 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51909TG1998PLC029205. Its GSTIN is 36AAECS3658M2ZT (Telangana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹7.95 Cr. It was formerly known as Sheetal Refineries Private Limited. It is led by directors including Jitender Kumar Agarwal (Managing Director) and Satish Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 – 3 – 756 Shankarbagh Topkhana Road, Hyderabad, Telangana, India – 500012.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.86 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹4.61 Lakh (net margin -94.9%) and EBITDA of -₹4.61 Lakh (EBITDA margin -94.9%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 82% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹169.17 Cr and satisfied charges of ₹175.87 Cr on record. Court records list 121 cases involving the company, including 74 filed by the company and 14 filed against it; 8 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address5 – 3 – 756 Shankarbagh Topkhana Road, Hyderabad, Telangana, India – 500012
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- 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
Financials of Sheetal Refineries Limited FY 2025 filings available
Sheetal Refineries Limited reported revenue of ₹4.86 Lakh (down 40% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Sheetal Refineries Limited
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years, including a 40% fall in the latest year. EBITDA fell 147% 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 Sheetal Refineries Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.86 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.61 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 Sheetal Refineries Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -94.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -94.9% | •••• | •••• | •••• | •••• |
| 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 Sheetal Refineries 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.
Peer Comparison of Sheetal Refineries Limited
Sheetal Refineries Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Edible Oils, Refineries). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divyakavya Rural Farmers Producer Company Limited | ₹5.01 Lakh (FY 2024) | •••• | •••• | 455.0% | •••• | Jalna, Maharashtra, India |
| Gquan Speero Food Greens Private Limited | ₹5 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Gurugram, Haryana, India |
| P V P Limited. | ₹4.99 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Jaipur, Rajasthan, India |
| Lettex Ventures Private Limited | ₹4.9 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Indore, Madhya Pradesh, India |
| Lordsaiyash Associates Private Limited | ₹4.89 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Pune, Maharashtra, India |
| Sheetal Refineries Limited this company | ₹4.86 Lakh (FY 2019) | •••• | •••• | -40.0% | •••• | Hyderabad, Telangana, India |
| Cee Jee Refineries Private Limited | ₹4.58 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Aluva, Kerala, India |
| Somani Rice Mills Ltd. | ₹4.55 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Hooghly, West Bengal, India |
| Viraj Refinery Private Limited | ₹4.46 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Sangli, Maharashtra, India |
| Rajkeerth Aromatics and Biotech Private Limited | ₹4.09 Lakh (FY 2019) | •••• | •••• | -95.0% | •••• | Chennai, Tamil Nadu, India |
| Cals Refineries Limited | ₹4 Lakh (FY 2017) | •••• | •••• | -87.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Sheetal Refineries by revenue in the Food and Beverages industry (Edible Oils, Refineries), 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 Sheetal Refineries Limited
Auditor information for Sheetal Refineries Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Sheetal Refineries Limited
Sheetal Refineries has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Sharma | Director | 12 Mar 2013 | 13 Years 6 Months | Current |
| Jitender Kumar Agarwal | Managing Director | 06 Apr 1998 | 28 Years 6 Months | Current |
| Umesh Chander | Director | 25 Apr 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Sheetal Refineries 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 Sheetal Refineries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2010 | L & T Finance Limited | ₹2 Cr | Satisfied |
| 13 Aug 2010 | Kotak Mahindra Bank Limited | ₹4.7 Cr | Satisfied |
| 25 Jun 1998 | State Bank of Hyderabad | ₹168.07 Cr | Satisfied |
| 05 Jun 1998 | State Bank of Hyderabad | ₹1.1 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Sheetal Refineries Limited
Sheetal Refineries Limited has 121 court cases on record: 74 filed by Sheetal Refineries, 14 filed against it, 33 where it is another party. 8 cases are pending and 113 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 8 | 2 |
| High courts | 55 | 5 | 6 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 121)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed by the company against Southern Power Distribution Company of Telangana Limited | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Limited | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against Reserve Bank Innovation Hub | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Marhoom Refineries Pvt Ltd | Disposed |
| High Court for State of Telangana | Court case (CRLP) | Company is another party | Pending |
Full case history
All 121 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 Sheetal Refineries Limited
Sheetal Refineries Limited has a workforce of 7 employees as of Apr 09, 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.
CIN History of Sheetal Refineries Limited
Sheetal Refineries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909TG1998PLC029205, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909TG1998PLC029205 | Current |
| U51909AP1998PTC029205 | Previous |
| U51909AP1998PLC029205 | Previous |
Recent Activity on Sheetal Refineries Limited
Sheetal Refineries Limited has 15 board changes on record since 1998: 3 appointments and 12 cessations. The latest: Jitender Kumar Agarwal ceased to be Managing Director on 12 Jan 2018.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sheetal Refineries 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 Sheetal Refineries 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 Sheetal Refineries 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 Sheetal Refineries Limited
Sheetal Refineries has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECS3658M2ZT | Telangana | Active | 10 May 2019 |
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 Sheetal Refineries 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 Sheetal Refineries Limited
Sheetal Refineries is an active public limited company based in Hyderabad, Telangana, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 06 April 1998 (28+ years old) and is registered under CIN U51909TG1998PLC029205.
Sheetal Refineries reported revenue of ₹4.86 Lakh for FY 2019 (down 40% YoY).
Sheetal Refineries has 3 current directors:
- Jitender Kumar Agarwal - Managing Director
- Satish Sharma - Director
- Umesh Chander - Director
Sheetal Refineries reported a net loss of ₹4.61 Lakh (net margin -94.9%) and EBITDA of -₹4.61 Lakh (EBITDA margin -94.9%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sheetal Refineries is -61% over three years and -82% over five years. In the latest year (FY 2019) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sheetal Refineries is 36AAECS3658M2ZT, registered in Telangana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sheetal Refineries is U51909TG1998PLC029205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheetal Refineries has 121 court cases on record: 74 filed by the company and 14 filed against it. 8 are pending. Most are in the district courts.
Sheetal Refineries was incorporated on 06 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sheetal Refineries by revenue are Divyakavya Rural Farmers Producer Company Limited, Gquan Speero Food Greens Private Limited, P V P Limited, Lettex Ventures Private Limited, Lordsaiyash Associates Private Limited and 5 more, all in the Food and Beverages industry (Edible Oils, Refineries).
Jitender Kumar Agarwal ceased to be Managing Director on 12 Jan 2018. Rajkumar Agarwal ceased to be Additional Director on 08 Dec 2014. Satish Sharma was appointed as Director on 12 Mar 2013. Sheetal Refineries has 15 board changes on record in total.