
About SBL Energy Limited
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SBL Energy Limited is a public limited company based in Raipur, Chhattisgarh, India. It operates in the medicinal chemical and botanical products segment of the chemicals sector. It was incorporated on 08 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U24292CT2002PLC015581. Its GSTIN is 27AADCA3124B1ZE (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.37 Cr. It was formerly known as Sbl Energy Private Limited and Amin Explosives Private Limited. It is led by directors including Sanjay Choudhari (Managing Director) and Alok Choudhari.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Raipur, Chhattisgarh.
As per the financials filed for FY 2025, the company reported a revenue of ₹713.88 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹65.66 Cr (net margin 9.2%) and EBITDA of ₹117.26 Cr (EBITDA margin 16.4%).
The company has about 295 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SBL Energy. As per MCA filings, the company has open charges of ₹328.45 Cr and satisfied charges of ₹33.34 Cr on record. Court records list 26 cases involving the company, including 11 filed by the company and 15 filed against it; 15 cases are pending. The company has 53 deals on record (47 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹418.83 Cr; the latest was in September 2025. Its 4 peer companies in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 3 smaller; the largest is Narmada Bio-Chem Limited with revenue of ₹1,116.01 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sblenergy.com.
Company details
Name history
SBL Energy has undergone 2 name changes throughout its history. The company was previously known as Sbl Energy Private Limited, and Amin Explosives Private Limited. The current legal name is Sbl Energy Limited.
| Company Name | Status |
|---|---|
| SBL Energy Limited | Current |
| Sbl Energy Private Limited | Previous |
| Amin Explosives Private Limited | Previous |
CIN history
SBL Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24292CT2002PLC015581, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24292CT2002PLC015581 | Current |
| U24292MH2002PTC134851 | Previous |
| U24292MH2002PLC134851 | Previous |
Contact details
SBL Energy Limited's registered office is in Raipur, Chhattisgarh. Its website is sblenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 04 Ground Floor Wallfort Ozone, Fafadih Chowk, Raipur, Chhattisgarh, India – 492001
- IndustryChemicals, Medicinal Chemical & Botanical Products, Pharmaceuticals, Chemical Products
To see the full contact details of SBL Energy 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
SBL Energy operates one associated brand: SBL Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial and mining explosives, detonators, and accessories are manufactured. | sblenergy.com |
Business activity
The main business activity of SBL Energy is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of SBL Energy Limited, buy the company report.
Financials of SBL Energy Limited
FY 2025 filings availableSBL Energy Limited reported revenue of ₹713.88 Cr (up 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 97% in the latest year. EBITDA rose 69% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹713.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹117.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.66 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | ||||
| Net Profit Margin | 9.2% | ||||
| 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 SBL Energy Limited, buy the company report.
Board of directors of SBL Energy Limited
SBL Energy has 10 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Choudhari Also directs: Madanpur South Coal Company Limited, Metal Corporation of India Limited, SBL Infra Raipur Private Limited and 1 more | Director | 11 Oct 2021 | 5 Years 1 Months | Current |
| Rakesh Tiwari Also directs: SBL Defence Private Limited, SBL Explochem Private Limited | Director | 08 Apr 2021 | 5 Years 7 Months | Current |
| Ravi Kamra Also directs: SBL Defence Private Limited | Director | 13 May 2014 | 12 Years 6 Months | Current |
| Sanjay Choudhari | Managing Director | 24 Feb 2024 | 2 Years 8 Months | Current |
| Sharwan Kumar | Director Appointed In Casual Vacancy | 30 Dec 2025 | 0 Years 10 Months | Current |
| Satyawati Parashar Also directs: New Era Alkaloids and Exports Ltd, Special Blasts Limited | Director | 12 Mar 2025 | 1 Years 8 Months | Current |
Peer comparison
SBL Energy Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Narmada Bio-Chem Limited | ₹1,116.01 Cr (FY 2025) | 57.0% | Ahmedabad, Gujarat, India | |||
| Shivani Detergents Pvt Ltd | ₹1,097.66 Cr (FY 2025) | 9.0% | Indore, Madhya Pradesh, India | |||
| Privi Organics India Limited | ₹1,096.77 Cr (FY 2019) | 35.0% | Navi Mumbai, Maharashtra, India | |||
| Archroma International (India) Private Limited | ₹1,095.98 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| SBL Energy Limitedthis company | ₹713.88 Cr (FY 2025) | ₹65.66 Cr | 9.2% | 97.0% | 295 | Raipur, Chhattisgarh, India |
To see the full peer comparison of SBL Energy Limited, buy the company report.
Auditor
SBL Energy Limited is audited by AGRAWALLA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWALLA & CO. | FY 2023 | 033901C |
Shareholding
The shareholding of SBL Energy 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 SBL Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2026 | 101344550 | State Bank of India | ₹95 Cr | Open | |
| 05 May 2024 | 100922940 | Others | ₹2.16 Cr | Open | |
| 24 Apr 2024 | 100917519 | Others | ₹29.1 Lakh | Open | |
| 02 Mar 2024 | 100883340 | Others | ₹1.59 Cr | Open | |
| 02 Mar 2024 | 100896740 | Others | ₹1.58 Cr | Open |
To see the full charge records of SBL Energy Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
SBL Energy Limited has 53 deals on record (47 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹418.83 Cr; the latest was in September 2025.
Deals on record (5 of 53)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round | ₹88.64 Cr | Investors: SB Plastech Private Limited , Mahanadi Metals and Chemicals Private Limited , 2 individuals |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: New Era Alkaloids and Exports Ltd , 2 individuals |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Chhattisgarh Steel and Power Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Alok Choudhary & Sons HUF, 2 individuals Seller: Special Blasts Limited , 3 individuals |
| Dec 2017 | Rights issue | ₹8.26 Cr | Investors: Mahanadi Metals and Chemicals Private Limited , Special Blasts Limited , an individual |
To see the full deal history of SBL Energy 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
SBL Energy Limited has 26 court cases on record: 11 filed by SBL Energy, 15 filed against it. 15 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 14 | 13 |
| High courts | 5 | 1 | 2 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Commercial suit | Filed against the company by Moil Ltd | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Singareni Collieries Company Ltd, | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Wilson and Associates Pvt Ltd Through Director Gobinda Chandra Behera and 1 other | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through Government Labour Officer and Inspector | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through Government Labour Officer and Inspector | Pending |
To see the full case history of SBL Energy 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 SBL Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SBL Energy Limited has a workforce of 295 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 295 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of SBL Energy Limited, buy the company report.
GST
SBL Energy has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA3124B1ZE | Maharashtra | Active | 01 Jul 2017 |
| 36AADCA3124B1ZF | Telangana | Active | 22 Mar 2024 |
| 08AADCA3124B1ZE | Rajasthan | Active | 18 Jul 2024 |
| 21AADCA3124B1ZQ | Odisha | Active | 01 Apr 2025 |
To see the full GST registrations and return filing status of SBL Energy Limited, buy the company report.
Recent activity
SBL Energy Limited has 35 board changes on record since 2010: 10 appointments and 25 cessations. The latest: Chaman Singh Chahal was appointed as Additional Director on 11 May 2026.
89 earlier events are in the company report.
News
Frequently asked questions
SBL Energy is an active public limited company based in Raipur, Chhattisgarh, India. The company works in medicinal chemical and botanical products, within the chemicals industry. It was incorporated on 08 February 2002 (24+ years old) and is registered under CIN U24292CT2002PLC015581.
SBL Energy has 10 current directors:
- Sanjay Choudhari - Managing Director
- Alok Choudhari - Director
- Rakesh Tiwari - Director
- Ravi Kamra - Director
- Sharwan Kumar - Director Appointed In Casual Vacancy
- Satyawati Parashar - Director
- Alok Awadhiya - Director
- Manoj Kumar Prasad - Director
- Gaurav Soni - Additional Director
- Chaman Singh Chahal - Additional Director
The latest financial statements of SBL Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SBL Energy is 27AADCA3124B1ZE, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 36AADCA3124B1ZF (Telangana), 08AADCA3124B1ZE (Rajasthan), 21AADCA3124B1ZQ (Odisha).
The CIN (Corporate Identification Number) of SBL Energy is U24292CT2002PLC015581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SBL Energy has 26 court cases on record: 11 filed by the company and 15 filed against it. 15 are pending. Most are in the district courts.
SBL Energy was incorporated on 08 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
SBL Energy has 53 deals on record (47 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹418.83 Cr; the latest was in September 2025.
The peers of SBL Energy by revenue are Narmada Bio-Chem Limited, Shivani Detergents Pvt Ltd, Privi Organics India Limited, Archroma International (India) Private Limited, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Chaman Singh Chahal was appointed as Additional Director on 11 May 2026. Gaurav Soni was appointed as Additional Director on 11 May 2026. Sharwan Kumar was appointed as Director Appointed In Casual Vacancy on 30 Dec 2025. SBL Energy has 35 board changes on record in total.
SBL Energy can be reached through the website sblenergy.com. Its registered office is in Raipur, Chhattisgarh, India.

