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About SWG Industries Limited
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SWG Industries Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 05 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63023TG2004PLC042812. Its GSTIN is 36AAICS0162N2Z2 (Telangana). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.25 Cr. It was formerly known as Singhania Agro Tech Park (India) Limited and Sweetworld Confectionery Limited. It is led by directors including Adarsh Agarwal (Whole-Time Director) and Satish Gupta.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹255.07 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.2 Cr (net margin 1.6%) and EBITDA of ₹15.43 Cr (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Micks Foods and Dukes India. As per MCA filings, the company has open charges of ₹124.93 Cr and satisfied charges of ₹100.35 Cr on record. Court records list 25 cases involving the company, including 16 filed by the company and 9 filed against it; 8 cases are pending. The company has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹28.44 Cr; the latest was in July 2024. Its 7 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 3 smaller; the largest is J B Mangharam Foods Private Limited with revenue of ₹282.23 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 170 overdue payments to 108 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micksfoods.com.
Company details
Name history
SWG Industries has undergone 5 name changes throughout its history. The current legal name is Swg Industries Limited.
| Company Name | Status |
|---|---|
| SWG Industries Limited | Current |
| Singhania Agro Tech Park (India) Limited | Previous |
| Sweetworld Confectionery Limited | Previous |
| Sweetworld Consumer Care Limited | Previous |
| Sweetcon World Foods Limited | Previous |
| Dukes Products (India) Limited | Previous |
CIN history
SWG Industries has one previous CIN (Corporate Identification Number): U63023AP2004PLC042812. The current CIN is U63023TG2004PLC042812, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63023TG2004PLC042812 | Current |
| U63023AP2004PLC042812 | Previous |
Contact details
SWG Industries Limited's registered office is in Hyderabad, Telangana. Its website is micksfoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Plot 82, Ida Kattedan, Hyderabad, Telangana, India – 500077
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of SWG Industries 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
Brands
SWG Industries operates two associated brands: Micks Foods and Dukes India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides high-quality ingredients for bakery, ice cream, and chocolate production worldwide. | micksfoods.com | |
| Produces high-quality packaged confectionery products for consumers. | dukesindia.com |
Business activity
The main business activity of SWG Industries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of SWG Industries Limited, buy the company report.
Financials of SWG Industries Limited
FY 2025 filings availableSWG Industries Limited reported revenue of ₹255.07 Cr (down 6% YoY) for FY 2025.
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 rose 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹15.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.2 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of SWG Industries Limited, buy the company report.
Board of directors and KMP of SWG Industries Limited
SWG Industries Limited currently reports 5 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Agarwal | Whole-Time Director | 08 Mar 2022 | 4 Years 7 Months | Current |
| Satish Gupta | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Anagani Madhukar Also directs: Paragon Consumer Care Private Limited | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Sanjay Kumar | Cfo | 02 Jun 2023 | 3 Years 5 Months | Current |
| Kavita Agarwal Also directs: Tunav Food Products LLP | Director | 05 Mar 2024 | 2 Years 8 Months | Current |
| Umang Singhania | Director | 05 Mar 2024 | 2 Years 8 Months | Current |
Peer comparison
SWG Industries Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J B Mangharam Foods Private Limited | ₹282.23 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Kitty Industries Private Limited | ₹260.5 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Kushal Foods Private Limited | ₹259.14 Cr (FY 2024) | 0.0% | Kanpur, Uttar Pradesh, India | |||
| Dolphin Foods India Limited | ₹256.61 Cr (FY 2025) | 23.0% | Hyderabad, Telangana, India | |||
| SWG Industries Limitedthis company | ₹255.07 Cr (FY 2025) | ₹4.2 Cr | 1.6% | -6.0% | 65 | Hyderabad, Telangana, India |
| Nyra Chocolates Private Limited | ₹238.3 Cr (FY 2025) | 18.0% | Indore, Madhya Pradesh, India | |||
| Nabati Food (India) Private Limited | ₹231.9 Cr (FY 2024) | 11.0% | Chennai, Tamil Nadu, India | |||
| Shree Ram Papads Private Limited | ₹231.69 Cr (FY 2025) | 12.0% | Bikaner, Rajasthan, India |
To see the full peer comparison of SWG Industries Limited, buy the company report.
Auditor
SWG Industries Limited is audited by Rakesh S Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rakesh S Jain & Associates | FY 2023 | 010129S |
Shareholding
The shareholding of SWG Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SWG Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2025 | 101139965 | Others | ₹54.71 Cr | Open | |
| 26 May 2023 | 100729432 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 11 Nov 2014 | 10542217 | Ing Vysya Bank Limited | ₹22.24 Lakh | Open | |
| 15 May 2014 | 10507103 | Citi Bank N.A. | ₹50 Cr | Open | |
| 31 Aug 2017 | 100122666 | Standard Chartered Bank | ₹35 Cr | Satisfied |
To see the full charge records of SWG Industries Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
SWG Industries Limited has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹28.44 Cr; the latest was in July 2024.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Solex Commercial & Credit Pvt Ltd , Kokila Exports Pvt.Ltd. , Paragon Consumer Care Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Solex Commercial & Credit Pvt Ltd Seller: Kamala Consumer Care Private Limited , SWG Consumer Care Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Pahal Holdings and Estates Private Limited , Milit Food Products Private Limited , Kokila Exports Pvt.Ltd. Seller: Solex Commercial & Credit Pvt Ltd , 3 individuals |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Aug 2010 | Funding round | ₹5.53 Cr | Investors: Kamala Consumer Care Private Limited , SWG Consumer Care Private Limited , Paragon Consumer Care Private Limited |
To see the full deal history of SWG 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
SWG Industries Limited has 25 court cases on record: 16 filed by SWG Industries, 9 filed against it. 8 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 5 | 3 |
| District courts | 12 | 4 | 5 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Parle Biscuits Private Limited and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Parle Biscuits Private Limited and 1 other | Pending |
| District court, West, Delhi | Court case (Counter Claim) | Filed by the company against Om Logistics Ltd. | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by M/S SBL Plastics Pvt. Ltd. | Pending |
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Ltd | Pending |
To see the full case history of SWG 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.
Credit ratings & regulatory alerts
SWG Industries Limited was last rated by Crisil on 10 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Nov 2020 |
To see the full credit ratings and regulatory alerts of SWG Industries Limited, buy the company report.
MSME payment delays
SWG Industries Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 170 overdue payments to 108 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 108)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| New Naini Industries | |||
| Rungta Industries | |||
| Concept Engineers & Construction |
To see the full MSME payment records of SWG Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SWG Industries Limited has a workforce of 65 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
GST
SWG Industries has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICS0162N2Z2 | Telangana | Active | 20 Jan 2019 |
| 05AAICS0162N1Z8 | Uttarakhand | Active | 01 Jul 2017 |
| 18AAICS0162N1Z1 | Assam | Active | 01 Jul 2017 |
| 09AAICS0162N1Z0 | Uttar Pradesh | Active | 10 Jan 2018 |
To see the full GST registrations and return filing status of SWG Industries Limited, buy the company report.
Recent activity
SWG Industries Limited has 30 board changes on record since 2004: 18 appointments and 12 cessations. The latest: Agarwal Vikas ceased to be Director on 15 Jul 2024.
44 earlier events are in the company report.
Frequently asked questions
SWG Industries is an active public limited company based in Hyderabad, Telangana, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 05 March 2004 (22+ years old) and is registered under CIN U63023TG2004PLC042812.
SWG Industries has 6 current directors and KMP:
- Adarsh Agarwal - Whole-Time Director
- Satish Gupta - Director
- Anagani Madhukar - Director
- Kavita Agarwal - Director
- Umang Singhania - Director
- Sanjay Kumar - Cfo
The latest financial statements of SWG Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SWG Industries is 36AAICS0162N2Z2, registered in Telangana. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 05AAICS0162N1Z8 (Uttarakhand), 18AAICS0162N1Z1 (Assam), 09AAICS0162N1Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of SWG Industries is U63023TG2004PLC042812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SWG Industries has 25 court cases on record: 16 filed by the company and 9 filed against it. 8 are pending. Most are in the high courts.
SWG Industries was incorporated on 05 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
SWG Industries has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹28.44 Cr; the latest was in July 2024.
The peers of SWG Industries by revenue are J B Mangharam Foods Private Limited, Kitty Industries Private Limited, Kushal Foods Private Limited, Dolphin Foods India Limited, Nyra Chocolates Private Limited and 2 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Agarwal Vikas ceased to be Director on 15 Jul 2024. Anagani Madhukar was appointed as Director on 15 Jul 2024. Darshit Agarwal ceased to be Director on 15 Jul 2024. SWG Industries has 30 board changes on record in total.
SWG Industries has 12 MSME Form 1 returns on record between 2019 and 2023, listing 170 overdue payments to 108 micro and small suppliers. The latest return was filed on 04 Nov 2023.
SWG Industries can be reached through the website micksfoods.com. Its registered office is in Hyderabad, Telangana, India.
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