Sutar Chemicals Pvt Ltd - agriculture in Bhadrak, Odisha, India. FY 2026 financials & compliance.
CIN U24219OR1988PTC001996 Incorporated 17 March 1988 ROC Cuttack HQ Bhadrak, Odisha, India
Active Private Limited Company agriculture
Data last updated
Revenue · FY 2022
₹69.07 Lakh
▼ 6% YoY
Net profit · FY 2022
₹69,676
Net margin 1%
EBITDA · FY 2022
₹4.41 Lakh
EBITDA margin 6.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹14.56 Lakh
Issued & subscribed
Open charges
₹2.92 Cr
Secured borrowings
Company age
38 yrs
Est. 1988
Employees · EPFO
5
Provident fund records

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

CIN U24219OR1988PTC001996
Registration Number 001996
Incorporation Date 17 March 1988
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

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 Address
    Ranital, Bhadrak, Odisha, India – 756111
  • Industry
    Agriculture, Agro Retail & Distribution

To see the full contact details of Sutar Chemicals Pvt Ltd, buy the company report.

Comprehensive company report
Sutar Chemicals Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Sutar Chemicals is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

Sutar Chemicals Pvt Ltd reported revenue of ₹69.07 Lakh (down 6% YoY) for FY 2022.

Revenue · FY 2022
₹69.07 Lakh ▼ 6%
Net profit · FY 2022
₹69,676 margin 1%
EBITDA · FY 2022
₹4.41 Lakh margin 6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 2%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 4%
5 years · compounded
▼ 2%

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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹69.07 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.41 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹69,676
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin6.4%
Net Profit Margin1%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhaya Kumar SutarManaging Director17 Mar 198838 Years 7 MonthsCurrent
Abhinandan SutarDirector07 Dec 20178 Years 10 MonthsCurrent
Ajaya Kumar SutarDirector15 Oct 20188 Years 0 MonthsCurrent

Auditor

Sutar Chemicals Pvt Ltd is audited by B N DAS & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
B N DAS & ASSOCIATESFY 2022318051E

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 categoryFY 2022FY 2021FY 2020FY 2019FY 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

Open charges
₹2.92 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.45 Cr
State Bank of India₹0.20 Cr
State Bank of Inida₹0.14 Cr
Orissa State Financial Corporation₹0.13 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Nov 201410534788Others₹20 LakhOpen
12 Aug 201410533565State Bank of India₹20 LakhOpen
24 Dec 200910201075Others₹2.25 CrOpen
21 Jan 199290079037State Bank of Inida₹14 LakhOpen
19 Apr 198890078882Orissa State Financial Corporation₹13.36 LakhOpen

To see the full charge records of Sutar Chemicals Pvt Ltd, buy the company report.

Total charge records: 5 View all charges

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.

Employee count
5
Active EPFO establishments
1

GST

Sutar Chemicals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AACCS4462R1Z1OdishaActive01 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.

AGM
Sutar Chemicals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Sutar Chemicals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack.
Ceased
Suka Dei ceased to be Director.
Appointed
Ajaya Kumar Sutar was appointed as Director.
Ceased
Anam Charana Sutar ceased to be Director.
Charges
A charge with Others of Rs. 20.00 Lakh registered on 14 Nov 2014 with Charge ID 10534788 was modified on 06 Apr 2018.
Charges
A charge with Others of Rs. 225.00 Lakh registered on 24 Dec 2009 with Charge ID 10201075 was modified on 06 Apr 2018.
Appointed
Abhinandan Sutar was appointed as Director.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 10534788 was registered on 14 Nov 2014.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 10533565 was registered on 12 Aug 2014.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 10201075 was registered on 24 Dec 2009.
Charges
A charge with State Bank Of Inida of Rs. 14.00 Lakh registered on 21 Jan 1992 with Charge ID 90079037 was modified on 29 Nov 1995.

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:

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.