About Surya Boards Limited
Data last updated:
Surya Boards Limited is a public limited company based in New Delhi, Delhi, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 28 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC057612. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.56 Cr. It was formerly known as Surya Boards Private Limited. It is led by directors including Jitendra Kejriwal (Managing Director) and Gagan Kumar Alag.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 20 North West Avenue Club Road Punjabi Bagh, New Delhi, Delhi, India – 110026.
As per the financials filed for FY 2019, the company reported a revenue of ₹54.06 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹34.98 Lakh (net margin 64.7%) and EBITDA of ₹51.16 Lakh (EBITDA margin 94.6%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years.
As per MCA filings, the company has open charges of ₹40.82 Cr and satisfied charges of ₹53.57 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is 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 sonearply.com.
Company details
Contact details
Surya Boards Limited's registered office is in New Delhi, Delhi. Its website is sonearply.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address20 North West Avenue Club Road Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Surya Boards 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 Surya Boards is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Surya Boards Limited, buy the company report.
Financials of Surya Boards Limited
FY 2019 filings availableSurya Boards Limited reported revenue of ₹54.06 Lakh (up 56% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 72%. EBITDA rose 174% 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 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 | ₹54.06 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹51.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.98 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.6% | ||||
| Net Profit Margin | 64.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Surya Boards Limited, buy the company report.
Board of directors of Surya Boards Limited
Surya Boards has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagan Kumar Alag Also directs: Donear Plywood Limited | Additional Director | 26 Jan 2017 | 9 Years 9 Months | Current |
| Jag Mohan Mehto | Additional Director | 26 Jan 2017 | 9 Years 9 Months | Current |
| Jitendra Kejriwal Also directs: Donear Plywood Limited, Surya Vikas Plywood Limited, Surya Decolam Private Limited and 2 more | Managing Director | 29 Nov 2004 | 21 Years 11 Months | Current |
Peer comparison
Surya Boards Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Simran Woods Private Limited | ₹56.4 Lakh (FY 2024) | -71.0% | New Delhi, Delhi, India | |||
| Navneet Stationers Private Limited | ₹55.03 Lakh (FY 2018) | -6.0% | Mumbai, Maharashtra, India | |||
| Surya Boards Limitedthis company | ₹54.06 Lakh (FY 2019) | ₹34.98 Lakh | 64.7% | 56.0% | New Delhi, Delhi, India | |
| M.K.V.K. Plywoods Private Limited | ₹52.79 Lakh (FY 2024) | -79.0% | Pavoorchatram, Tamil Nadu, India | |||
| Live in Door Private Limited | ₹52.38 Lakh (FY 2025) | 42.0% | Jaipur, Rajasthan, India | |||
| Morya Industries Private Limited | ₹52.11 Lakh (FY 2019) | -40.0% | Pune, Maharashtra, India |
To see the full peer comparison of Surya Boards Limited, buy the company report.
Auditor
Surya Boards Limited is audited by A R & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R & CO | FY 2019 | 002744C |
Shareholding
The shareholding of Surya Boards Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Surya Boards Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2014 | 10478411 | Bank of Baroda | ₹4.5 Cr | Open | |
| 13 Oct 2010 | 10271342 | Bank of Baroda | ₹36.32 Cr | Open | |
| 20 Jun 2013 | 10433817 | Bank of Baroda | ₹4 Cr | Satisfied | |
| 28 Oct 2010 | 10255567 | Bank of Baroda | ₹36.32 Cr | Satisfied | |
| 28 Sep 2002 | 80001793 | Punjab National Bank | ₹12 Cr | Satisfied |
To see the full charge records of Surya Boards Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Surya Boards Limited has 5 court cases on record: 1 filed by Surya Boards, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (CBI) | Filed against the company by M/S Liberty White Ware Ltd. and 5 others | Pending |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by M/S Liberty White Ware Ltd. and 5 others | Disposed |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against State of Haryana and Others and 2 others | Disposed |
| High Court, HARYANA | Tax appeal | Filed against the company by Commissioner Central Excise Rohtak | Disposed |
To see the full case history of Surya Boards 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 Surya Boards Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Surya Boards Limited has 2 active EPFO establishments as of Mar 31, 2024.
GST
Surya Boards has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Surya Boards Limited, buy the company report.
Recent activity
Surya Boards Limited has 10 board changes on record since 2004: 3 appointments and 7 cessations. The latest: Gagan Kumar Alag was appointed as Additional Director on 26 Jan 2017.
15 earlier events are in the company report.
Frequently asked questions
Surya Boards is an active public limited company based in New Delhi, Delhi, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 28 February 1994 (32+ years old) and is registered under CIN U74899DL1994PLC057612.
Surya Boards has 3 current directors:
- Jitendra Kejriwal - Managing Director
- Gagan Kumar Alag - Additional Director
- Jag Mohan Mehto - Additional Director
The latest financial statements of Surya Boards on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Surya Boards has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Surya Boards is U74899DL1994PLC057612. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surya Boards has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Surya Boards was incorporated on 28 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Surya Boards by revenue are Simran Woods Private Limited, Navneet Stationers Private Limited, M.K.V.K. Plywoods Private Limited, Live in Door Private Limited, Morya Industries Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Gagan Kumar Alag was appointed as Additional Director on 26 Jan 2017. Jag Mohan Mehto was appointed as Additional Director on 26 Jan 2017. Sandeep ceased to be Additional Director on 26 Jan 2017. Surya Boards has 10 board changes on record in total.
Surya Boards can be reached through the website sonearply.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Surya Boards is at 20 North West Avenue Club Road Punjabi Bagh, New Delhi, Delhi, India – 110026.