
Sutar Chemicals Pvt Ltd
About Sutar Chemicals Pvt Ltd
Data last updated:
Sutar Chemicals Pvt Ltd is a private limited company based in Bhadrak, Odisha, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 17 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U24219OR1988PTC001996. Its GSTIN is 21AACCS4462R1Z1 (Odisha).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.56 Lakh. It is led by directors including Abhaya Kumar Sutar (Managing Director) and Abhinandan Sutar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ranital, Bhadrak, Odisha, India – 756111.
As per the financials filed for FY 2022, the company reported a revenue of ₹69.07 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹69,676 (net margin 1%) and EBITDA of ₹4.41 Lakh (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.92 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sutar Chemicals Pvt Ltd's registered office is in Bhadrak, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRanital, Bhadrak, Odisha, India – 756111
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Sutar Chemicals Pvt Ltd, 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 Sutar Chemicals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sutar Chemicals Pvt Ltd, buy the company report.
Financials of Sutar Chemicals Pvt Ltd
FY 2022 filings availableSutar Chemicals Pvt Ltd reported revenue of ₹69.07 Lakh (down 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 6% fall in the latest year. EBITDA fell 13% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹69.07 Lakh | ||||
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| EBITDA | ₹4.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69,676 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Sutar Chemicals Pvt Ltd, buy the company report.
Board of directors of Sutar Chemicals Pvt Ltd
Sutar Chemicals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhaya Kumar Sutar Also directs: Sutar Agrochemicals Private Limited | Managing Director | 17 Mar 1988 | 38 Years 7 Months | Current |
| Abhinandan Sutar Also directs: Sutar Agrochemicals Private Limited | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Ajaya Kumar Sutar Also directs: Sutar Agrochemicals Private Limited | Director | 15 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Sutar Chemicals Pvt Ltd is audited by B N DAS & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N DAS & ASSOCIATES | FY 2022 | 318051E |
Shareholding
The shareholding of Sutar Chemicals Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sutar Chemicals Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2014 | 10534788 | Others | ₹20 Lakh | Open | |
| 12 Aug 2014 | 10533565 | State Bank of India | ₹20 Lakh | Open | |
| 24 Dec 2009 | 10201075 | Others | ₹2.25 Cr | Open | |
| 21 Jan 1992 | 90079037 | State Bank of Inida | ₹14 Lakh | Open | |
| 19 Apr 1988 | 90078882 | Orissa State Financial Corporation | ₹13.36 Lakh | Open |
To see the full charge records of Sutar Chemicals Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Sutar Chemicals Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sutar Chemicals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sutar Chemicals Pvt Ltd has a workforce of 5 employees on its EPFO records as of Apr 18, 2024, across 1 active EPFO establishment.
GST
Sutar Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCS4462R1Z1 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sutar Chemicals Pvt Ltd, buy the company report.
Recent activity
Sutar Chemicals Pvt Ltd has 5 board changes on record since 1988: 3 appointments and 2 cessations. The latest: Suka Dei ceased to be Director on 06 Jun 2019.
4 earlier events are in the company report.
Frequently asked questions
Sutar Chemicals is an active private limited company based in Bhadrak, Odisha, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 17 March 1988 (38+ years old) and is registered under CIN U24219OR1988PTC001996.
Sutar Chemicals has 3 current directors:
- Abhaya Kumar Sutar - Managing Director
- Abhinandan Sutar - Director
- Ajaya Kumar Sutar - Director
The latest financial statements of Sutar Chemicals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sutar Chemicals is 21AACCS4462R1Z1, registered in Odisha.
The CIN (Corporate Identification Number) of Sutar Chemicals is U24219OR1988PTC001996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sutar Chemicals was incorporated on 17 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Cuttack.
Suka Dei ceased to be Director on 06 Jun 2019. Ajaya Kumar Sutar was appointed as Director on 15 Oct 2018. Anam Charana Sutar ceased to be Director on 15 Oct 2018. Sutar Chemicals has 5 board changes on record in total.
The registered office of Sutar Chemicals is at Ranital, Bhadrak, Odisha, India – 756111.
Sutar Chemicals operates in the agriculture industry, in the agro retail and distribution segment.
Sutar Chemicals has open charges of ₹2.92 Cr and no satisfied charges on record as per latest MCA filings.

