MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-23-0014829
Market Cap
₹40.75 Cr
SUDAI · BSE
Share Price
₹50.40
+3.49% today
Revenue
₹182 Cr
FY 2025-26 · +17.3% YoY
EBITDA
₹11.73 Cr
Margin 6.5%
Net Profit
−₹0.91 Cr
FY 2025-26 · -115.1% YoY
P/E (TTM)
22.3x
P/B 1.7x
ROE
-3.7%
ROCE 14.2%
Debt / Equity
0.77
Interest cover 39.1x
About Sudal Industries Limited
Data last updated:
Sudal Industries Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 August 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L21541MH1979PLC021541. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on BSE: 506003.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.37 Cr. It was formerly known as Sudarshan Aluminium Industries Limited. It is led by directors including Sudarshan Chokhani Shriram (Managing Director) and Mukesh Vijayshi Ashar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A 5 M I D Cambad Industrial Estate Mumbai Nashik Highway, Maharashtra, India – 422010.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹181.51 Cr, a growth of 17.3% compared to the previous year. For the same year it recorded a net loss of ₹91 Lakh (net margin -0.5%) and EBITDA of ₹11.73 Cr (EBITDA margin 6.5%). The net worth stands at ₹23.84 Cr (down 4.1% YoY). Total assets are valued at ₹41.69 Cr (down 12.9% YoY).
The company has about 151 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sudal Industries. As per MCA filings, the company has open charges of ₹41.6 Cr and satisfied charges of ₹16.66 Cr on record. Court records list 84 cases involving the company, including 54 filed by the company and 30 filed against it; 10 cases are pending. The company has 16 deals on record (16 market trades); the latest was in March 2024. Its 8 peer companies in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 3 smaller; the largest is JSW Structural Metal Decking Limited with revenue of ₹155.8 Cr.
Sudal Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0014829). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sudal.co.in.
Company details
CIN L21541MH1979PLC021541
Registration Number 021541
Incorporation Date 08 August 1979
ROC Mumbai
Listing Status Listed - Listed on BSE (506003)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-23-0014829
Key People
Sudarshan Chokhani Shriram Managing Director Mukesh Vijayshi Ashar Whole-Time Director Shyantanu Sudarshan Chokhani Director Recognitions & Rankings of Sudal Industries
Contact details
Sudal Industries Limited's registered office is in Nashik, Maharashtra. Its website is sudal.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA 5 M I D Cambad Industrial Estate Mumbai Nashik Highway, Maharashtra, India – 422010
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Sudal Industries Limited, buy the company report.
Comprehensive company report
Sudal Industries Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Sudal Industries operates one associated brand: Sudal Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of aluminium products | sudal.co.in |
Business activity
The main business activity of Sudal Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sudal Industries Limited, buy the company report.
Financials of Sudal Industries Limited
FY 2025-26 filings availableSudal Industries Limited reported revenue of ₹181.51 Cr (up 17.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹182 Cr
+17.3% YoY
EBITDA
₹11.73 Cr
-5.6% YoY
Profit After Tax
−₹0.91 Cr
-115.1% YoY
Net Worth
₹23.84 Cr
-4.1% YoY
Total Assets
₹41.69 Cr
-12.9% YoY
Total Debt
₹16.04 Cr
-25.2% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 182 | 155 | 144 | 160 | 129 | 81.76 | 92.01 |
| Revenue growth | +17.3% | +7.4% | -9.9% | +24.0% | +57.7% | -11.1% | - |
| EBITDA | 11.73 | 12.43 | 7.28 | (9.01) | 9.16 | 6.23 | (8.37) |
| EBITDA margin | +6.5% | +8.0% | +5.1% | -5.6% | +7.1% | +7.6% | -9.1% |
| Profit before tax | 4.09 | 7.68 | 122 | (33.38) | (9.60) | (13.60) | (26.91) |
| Net profit | (0.91) | 6.03 | (3.85) | (21.07) | (13.29) | (12.81) | (23.41) |
| Net profit margin | -0.5% | +3.9% | -2.7% | -13.2% | -10.3% | -15.7% | -25.4% |
| EPS (₹) | (1.08) | 6.81 | 144.81 | (45.30) | (13.04) | (18.77) | (38.80) |
| Balance sheet | |||||||
| Total assets | 41.69 | 47.89 | 42.69 | (67.32) | (68.09) | (53.24) | (18.85) |
| Net worth | 23.84 | 24.87 | 19.26 | (103) | (69.65) | (60.10) | (46.28) |
| Total debt | 16.04 | 21.45 | 22.11 | 34.25 | 0.00 | 4.75 | 22.20 |
| Cash & bank | 1.40 | 2.24 | 2.01 | 2.12 | 2.61 | 1.04 | 1.49 |
| Net working capital | 10.54 | 9.78 | 5.93 | (105) | (115) | (98.93) | (67.62) |
| Cash flow | |||||||
| Cash from operations | 8.43 | 9.59 | 10.54 | 4.23 | 5.40 | 1.36 | 0.77 |
| Cash from investing | (1.81) | (2.95) | (4.63) | (4.32) | (3.69) | (0.85) | (0.76) |
| Cash from financing | (7.50) | (6.48) | (6.06) | (0.42) | (0.57) | (0.96) | (0.88) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53.12 | 49.45 | 45.39 | 44.97 | 41.69 | 44.13 | 40.48 | 35.71 |
| Revenue growth (YoY) | +27.4% | +12.1% | +12.1% | +25.9% | +21.1% | - | - | - |
| Other income | 0.06 | 0.21 | 0.10 | 0.10 | 0.08 | 0.05 | 0.07 | 0.12 |
| Total expenses | 47.17 | 45.26 | 42.19 | 42.53 | 39.82 | 39.94 | 37.67 | 33.40 |
| EBITDA | 5.95 | 4.19 | 3.20 | 2.44 | 1.87 | 4.19 | 2.81 | 2.31 |
| EBITDA margin | +11.2% | +8.5% | +7.1% | +5.4% | +4.5% | +9.5% | +6.9% | +6.5% |
| Depreciation | 0.95 | 3.24 | 0.61 | 1.40 | 0.58 | 0.56 | 0.54 | 0.49 |
| Interest | 0.41 | 0.31 | 0.72 | 0.62 | 0.65 | (0.37) | 1.96 | 0.76 |
| Profit before tax | 4.65 | 0.85 | 1.97 | 0.52 | 0.72 | 4.05 | 0.38 | 1.18 |
| Tax | 1.52 | 0.27 | 4.54 | (0.13) | 0.31 | 0.73 | 0.43 | 0.52 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53.12 | 49.45 | 45.39 | 44.97 | 41.69 | 44.13 | 40.48 | 35.71 |
| Revenue growth (YoY) | +27.4% | +12.1% | +12.1% | +25.9% | +21.1% | - | - | - |
| Other income | 0.06 | 0.21 | 0.10 | 0.10 | 0.08 | 0.05 | 0.07 | 0.12 |
| Total expenses | 47.17 | 45.26 | 42.19 | 42.53 | 39.82 | 39.94 | 37.67 | 33.40 |
| EBITDA | 5.95 | 4.19 | 3.20 | 2.44 | 1.87 | 4.19 | 2.81 | 2.31 |
| EBITDA margin | +11.2% | +8.5% | +7.1% | +5.4% | +4.5% | +9.5% | +6.9% | +6.5% |
| Depreciation | 0.95 | 3.24 | 0.61 | 1.40 | 0.58 | 0.56 | 0.54 | 0.49 |
| Interest | 0.41 | 0.31 | 0.72 | 0.62 | 0.65 | (0.37) | 1.96 | 0.76 |
| Profit before tax | 4.65 | 0.85 | 1.97 | 0.52 | 0.72 | 4.05 | 0.38 | 1.18 |
| Tax | 1.52 | 0.27 | 4.54 | (0.13) | 0.31 | 0.73 | 0.43 | 0.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 182 | 155 | 144 | 160 | 129 | 81.76 | 92.01 |
| Revenue growth | +17.3% | +7.4% | -9.9% | +24.0% | +57.7% | -11.1% | - |
| Other income | 0.49 | 0.40 | 125 | 1.85 | 4.72 | 0.47 | 0.00 |
| Total expenses | 170 | 142 | 137 | 169 | 120 | 75.53 | 100 |
| Employee cost | 5.51 | 5.63 | 5.17 | 4.76 | 4.25 | 3.47 | 3.62 |
| EBITDA | 11.73 | 12.43 | 7.28 | (9.01) | 9.16 | 6.23 | (8.37) |
| EBITDA margin | +6.5% | +8.0% | +5.1% | -5.6% | +7.1% | +7.6% | -9.1% |
| Depreciation | 5.82 | 2.06 | 1.79 | 2.39 | 2.76 | 2.91 | 3.03 |
| Interest | 2.31 | 3.09 | 9.16 | 23.83 | 20.72 | 17.39 | 15.51 |
| Profit before tax | 4.09 | 7.68 | 122 | (33.38) | (9.60) | (13.60) | (26.91) |
| Tax | 4.98 | 1.98 | 0.64 | 0.00 | 0.00 | 0.22 | 1.68 |
| Net profit | (0.91) | 6.03 | (3.85) | (21.07) | (13.29) | (12.81) | (23.41) |
| Net profit margin | -0.5% | +3.9% | -2.7% | -13.2% | -10.3% | -15.7% | -25.4% |
| EPS (₹) | (1.08) | 6.81 | 144.81 | (45.30) | (13.04) | (18.77) | (38.80) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 8.37 | 8.37 | 8.37 | 7.37 | 7.37 | 7.37 | 7.37 |
| Reserves & surplus | 15.47 | 16.50 | 10.89 | (110) | (77.02) | (67.47) | (53.65) |
| Shareholders' funds (net worth) | 23.84 | 24.87 | 19.26 | (103) | (69.65) | (60.10) | (46.28) |
| Secured loans | 0.12 | 0.18 | 0.00 | 0.00 | 0.00 | 4.75 | 4.11 |
| Unsecured loans | 15.92 | 21.27 | 22.11 | 34.25 | 0.00 | 0.00 | 18.09 |
| Total debt | 16.04 | 21.45 | 22.11 | 34.25 | 0.00 | 4.75 | 22.20 |
| Total liabilities | - | - | 42.69 | (67.32) | (68.09) | (53.24) | (18.85) |
| Assets | |||||||
| Gross block | 41.10 | 46.35 | 42.30 | 39.41 | 54.51 | 54.80 | 55.44 |
| Net block | 30.59 | 36.15 | 33.64 | 32.25 | 39.75 | 41.87 | 44.94 |
| Capital work in progress | 0.00 | 0.03 | 1.78 | 0.61 | 2.14 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 12.06 | 11.47 | 7.61 | 10.32 | 11.79 | 11.38 | 8.49 |
| Sundry debtors | 13.58 | 11.17 | 8.85 | 10.32 | 8.82 | 7.83 | 6.93 |
| Cash & bank balances | 1.40 | 2.24 | 2.01 | 2.12 | 2.61 | 1.04 | 1.49 |
| Loans & advances | 2.67 | 0.77 | 0.98 | 0.77 | 0.78 | 0.54 | 0.22 |
| Total current assets | 29.71 | 25.65 | 19.45 | 23.53 | 24.00 | 20.79 | 17.13 |
| Total current liabilities | 19.17 | 15.87 | 13.52 | 129 | 139 | 120 | 84.75 |
| Net working capital | 10.54 | 9.78 | 5.93 | (105) | (115) | (98.93) | (67.62) |
| Total assets | 41.69 | 47.89 | 42.69 | (67.32) | (68.09) | (53.24) | (18.85) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.61 | 1.45 | 1.59 | 2.10 | 0.96 | 1.41 | 2.28 |
| Net cash from operating activities | 8.43 | 9.59 | 10.54 | 4.23 | 5.40 | 1.36 | 0.77 |
| Net cash from investing activities | (1.81) | (2.95) | (4.63) | (4.32) | (3.69) | (0.85) | (0.76) |
| Net cash from financing activities | (7.50) | (6.48) | (6.06) | (0.42) | (0.57) | (0.96) | (0.88) |
| Net change in cash | (0.88) | 0.15 | (0.14) | (0.51) | 1.14 | (0.45) | (0.86) |
| Closing cash | 1.40 | 2.24 | 2.01 | 2.12 | 2.61 | 1.04 | 1.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.3% | +7.4% | -9.9% | +24.0% | +57.7% | -11.1% | - |
| EBITDA growth | -5.6% | +70.7% | +180.8% | -198.4% | +47.0% | +174.4% | - |
| PBT growth | -46.7% | -93.7% | +9998.0% | -247.7% | +29.4% | +49.5% | -157.8% |
| Net income growth | -115.1% | +256.6% | +81.7% | -58.5% | -3.8% | +45.3% | - |
| Revenue CAGR (3Y) | +4.3% | +6.3% | +20.8% | +20.2% | +1.3% | -8.2% | +3.0% |
| EBITDA CAGR (3Y) | - | +10.7% | +5.3% | +2.5% | +21.1% | +2.8% | - |
| Profitability & leverage | |||||||
| Net income margin | -0.5% | +3.7% | +84.1% | -20.9% | -7.5% | -16.9% | -31.1% |
| Return on capital employed | +14.2% | +23.8% | -48.3% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | -3.7% | +25.8% | +9.2% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.77 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.03 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 39.09 | 29.80 | 166.85 | -209.04 | 323.75 | 523.80 | -136.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.15 | 3.49 | 3.53 | 3.40 | 2.42 | 1.56 | 1.67 |
| Inventory turnover | 15.43 | 16.22 | 16.07 | 14.46 | 11.13 | 8.23 | 10.84 |
| Debtors turnover | 14.67 | 15.46 | 15.03 | 16.70 | 15.49 | 11.08 | 10.93 |
| EPS (₹) | (1.08) | 6.81 | 144.81 | (45.30) | (13.04) | (18.77) | (38.80) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 28.48 | 29.72 | 23.01 | (139.70) | (94.54) | (85.30) | (66.54) |
To see the full year-wise statements and ratios of Sudal Industries Limited, buy the company report.
Board of directors of Sudal Industries Limited
Sudal Industries has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudarshan Chokhani Shriram Also directs: Sudal Enterprises Private Limited | Managing Director | 01 Sep 2015 | 11 Years 1 Months | Current |
| Mukesh Vijayshi Ashar | Whole-Time Director | 26 Sep 2015 | 11 Years 1 Months | Current |
| Shyantanu Sudarshan Chokhani Also directs: Sudal Enterprises Private Limited, Kooloday Enterprise LLP, Ihsl Chokhani LLP and 1 more | Director | 29 Dec 2008 | 17 Years 9 Months | Current |
| Lalit Maharshi | Director | 25 Jul 2019 | 7 Years 3 Months | Current |
| Ranjeetkumar Parmanand Sharma Also directs: MHG Management (India) Private Limited | Director | 10 Feb 2025 | 1 Years 8 Months | Current |
| Madhuri Gajanan Ahire | Director | 06 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Sudal Industries Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sudal Industries Limitedthis company | ₹181.51 Cr (FY 2026) | -₹91 Lakh | -0.5% | 17.3% | 151 | Nashik, Maharashtra, India |
| JSW Structural Metal Decking Limited | ₹155.8 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Maa Sharda Endeavor Private Limited | ₹155.41 Cr (FY 2025) | -57.0% | Kolkata, West Bengal, India | |||
| Krishna Alex Private Limited | ₹155.35 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| 3A Composites India Private Limited | ₹155.29 Cr (FY 2025) | 30.0% | Andheri Mumbai, Maharashtra, India | |||
| Ma Extrusion India Private Limited | ₹155.2 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India | |||
| Indiano Chrome Private Limited | ₹155.07 Cr (FY 2024) | -15.0% | Kolkata, West Bengal, India | |||
| Kothari Alluminio Private Limited | ₹151.62 Cr (FY 2025) | 43.0% | Bhayander, Thane, Maharashtra, India | |||
| Parmeshwar Recycling Limited | ₹151.33 Cr (FY 2025) | 18.0% | Dehgam, Gujarat, India |
To see the full peer comparison of Sudal Industries Limited, buy the company report.
Auditor
Sudal Industries Limited is audited by Bagaria & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bagaria & Co. LLP | FY 2023 | 113447W/W-100019 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 67.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 32.60%.
Mar 2026
QUARTER
67.40% Promoters
32.60% Retail & Others
Promoter holding - history
Now 67.40% · Mar 2026High 67.40% · Jun 2025Low 67.40% · Jun 2025
Shareholding trend - last 6 quarters
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 67.40% | 67.40% | 67.40% | 67.40% |
| Public | 32.60% | 32.60% | 32.60% | 32.60% |
Charges & borrowings
Open charges
₹41.6 Cr
Satisfied charges
₹16.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 1989 | 90185462 | Syndicate Bank | ₹41.6 Cr | Open | |
| 31 Jan 2014 | 10476301 | Small Industries Development Bank of India | ₹7.99 Cr | Satisfied | |
| 26 Mar 2007 | 10046016 | Syndicate Bank | ₹36 Lakh | Satisfied | |
| 07 Mar 1995 | 90186180 | The Industrial Credit & Investment Corportion of India Ltd. | ₹1 Cr | Satisfied | |
| 10 Jun 1988 | 90185331 | The Industrial Credit and Investmnet Corportion of India Ltd | ₹15 Lakh | Satisfied |
To see the full charge records of Sudal Industries Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Sudal Industries Limited has 16 deals on record (16 market trades); the latest was in March 2024.
Total deals
16
Market trades
16
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Market trade | ₹25.3 Lakh | Buyer: an individual |
| Feb 2024 | Market trade | ₹33.3 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited , an individual Seller: Multiplier Share and Stock Advisors Private Limited |
| Mar 2017 | Market trade | ₹5.9 Lakh | Buyer: an individual |
| Oct 2009 | Market trade | ₹4.26 Cr | Buyer: Setu Securities Private Limited , NBN Fintrade Private Limited , Krishna Bastawala Trust, an individual Seller: Setu Securities Private Limited , NBN Fintrade Private Limited , 2 individuals |
| Jan 2008 | Market trade | ₹30.2 Lakh | Buyer: Swarnajyothi Agrotech & Power Limited |
To see the full deal history of Sudal Industries 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
Sudal Industries Limited has 84 court cases on record: 54 filed by Sudal Industries, 30 filed against it. 10 cases are pending and 74 are disposed.
Total cases
84
Filed by the company
54
Filed against the company
30
Pending
10
Disposed
74
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 11 | 6 |
| High courts | 22 | 6 | 3 |
| NCLAT | 9 | 9 | 0 |
| NCLT | 8 | 4 | 0 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against M/S. Morfi Concrete Systems Pvt. Ltd. | Pending |
| Supreme Court | Appeal | Filed by the company against Jaldhara Properties and Trading Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Jaldhara Properties and Trading Pvt. Ltd. Th. Tapin S. Khanna | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Surya Spices Vyapar Pvt. Ltd. Th. Nitisha Chande | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Gilbert Investments Pvt. Ltd. Th. Tapin S. Khanna | Pending |
To see the full case history of Sudal Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sudal Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sudal Industries Limited has a workforce of 151 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
151
Active EPFO establishments
1
Employee growth
10.22%
GST
Sudal Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Sudal Industries Limited, buy the company report.
Recent activity
Sudal Industries Limited has 33 board changes on record since 1979: 20 appointments and 13 cessations. The latest: Ranjeetkumar Parmanand Sharma was appointed as Director on 10 Feb 2025.
Filing
Sudal Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
AGM
Sudal Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ranjeetkumar Parmanand Sharma was appointed as Director.
Ceased
Jal Thanawala ceased to be Director.
Appointed
Madhuri Gajanan Ahire was appointed as Director.
Appointed
Acharya Debasis was appointed as CEO.
Ceased
Neha Digvijay Dhuru ceased to be Director.
Charges
A charge registered on 31 Jan 2014 via Charge ID 10476301 with Small Industries Development Bank Of India was fully satisfied on 29 Mar 2022.
Appointed
Lalit Maharshi was appointed as Director.
Ceased
Manoj Ochhavlal Shah ceased to be Director.
Appointed
Neha Digvijay Dhuru was appointed as Director.
Ceased
Chaitali Ashish Shinde ceased to be Director.
73 earlier events are in the company report.
News
Frequently asked questions
Sudal Industries is an active public limited company based in Nashik, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 August 1979 (47+ years old) and is registered under CIN L21541MH1979PLC021541. Listed on BSE: 506003.
Sudal Industries reported revenue of ₹181.51 Cr for FY 2025-26 (up 17.3% YoY) based on standalone financials.
Sudal Industries has 6 current directors:
- Sudarshan Chokhani Shriram - Managing Director
- Mukesh Vijayshi Ashar - Whole-Time Director
- Shyantanu Sudarshan Chokhani - Director
- Lalit Maharshi - Director
- Ranjeetkumar Parmanand Sharma - Director
- Madhuri Gajanan Ahire - Director
The latest financial statements of Sudal Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Sudal Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sudal Industries is L21541MH1979PLC021541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sudal Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 506003).
Sudal Industries has 84 court cases on record: 54 filed by the company and 30 filed against it. 10 are pending. Most are in the district courts.
Sudal Industries was incorporated on 08 August 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Sudal Industries has 16 deals on record (16 market trades); the latest was in March 2024.
The peers of Sudal Industries by revenue are JSW Structural Metal Decking Limited, Maa Sharda Endeavor Private Limited, Krishna Alex Private Limited, 3A Composites India Private Limited, Ma Extrusion India Private Limited and 3 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).