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Sudal Industries Limited

Since 1979, Sudal Industries Limited has maintained a presence in the industry for 47 years. The company’s Corporate Identification Number is L21541MH1979PLC021541; registration no. 21541. It belongs to the classification of company limited by shares as per MCA records. The declared authorized capital is ₹8.50 crore. Sudal Industries Limited’s paid-up capital stands at ₹8.37 crore.

Its core business comprises manufacture of paper and paper products. It is incorporated within the Mumbai registry. It is incorporated at A 5 M I D Cambad Industrial Estate Mumbai Nashik Highway, Nashik, Maharashtra, India, 422010. Sudal Industries Limited remains active and operational. Sudal Industries Limited holds PAN AAACS0705K. For inquiries or official matters, please email mvashar@sudal.co.in. The senior leadership includes Mukesh Vijayshi Ashar (CFO) and Acharya Debasis (CEO).

Company Overview

CIN
L21541MH1979PLC021541
Date of Incorporation
08/08/1979
Company Status
Active
RoC
Mumbai
Registration Number
021541
Balance sheet date
31/03/2023
Company Category
Company limited by shares
Company Sub Category
Non-government company
Listed in Stock Exchange
Yes
Class of Company
Public Limited Company
LEI Number
-
Authorized Capital
₹8,50,00,000.00
Paid up Capital
₹8,36,78,180.00
Activity
Manufacture Of Paper And Paper Products
E-mail
mvashar@sudal.co.in
PAN
AAACS0705K

GST Numbers

StateGST NumberStatus
Gujarat24AAACS0705K1ZPInactive
Maharashtra27AAACS0705K1ZJActive
27AAACS0705K1DSActive

ISIN Numbers

ISINSecurityInterest RateMaturity DateFISNCFI
IN8618D01014SUDAL INDUSTRIES LIMITED EQ LISTING/TRADING APPROVAL AWAITED - 12/10/2026SUDAL IND/SH VTGESVUFN
INE618D01015SUDAL INDUSTRIES LIMITED EQ - 12/10/2026SUDAL IND/SH VTGESVUFN

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Net PPE₹3,091.14L₹3,564.66L₹3,499.48L₹3,275.19L₹0.00L
Net Debt₹1,530.65L₹1,983.92L₹2,315.64L₹14,980.47L₹0.00L
Gross PPE₹4,100.51L₹4,535.07L₹4,328.22L₹3,955.97L₹0.00L
Inventory₹1,205.96L₹1,147.06L₹761.14L₹1,032.33L₹0.00L
Total Debt₹1,603.53L₹2,144.66L₹2,460.92L₹15,139.65L₹0.00L
Common Stock₹836.78L₹836.78L₹836.78L₹736.78L₹0.00L
Current Debt₹648.69L₹740.75L₹568.92L₹15,139.65L₹0.00L
Share Issued₹83.68L₹83.68L₹83.68L₹73.68L₹0.00L
Total Assets₹6,349.66L₹6,408.56L₹5,621.08L₹6,149.29L₹0.00L
Capital Stock₹836.78L₹836.78L₹836.78L₹736.78L₹0.00L
Long Term Debt₹954.84L₹1,403.91L₹1,892.00L₹0.00L₹0.00L
Current Assets₹2,971.96L₹2,564.66L₹1,945.26L₹2,353.32L₹0.00L
Prepaid Assets₹144.27L₹66.00L₹89.13L₹70.78L₹0.00L
Working Capital₹405.43L₹236.91L₹273.79L-₹13,952.70L₹0.00L
Invested Capital₹3,986.95L₹4,631.37L₹4,386.65L₹4,846.73L₹0.00L
Retained Earnings₹485.96L₹576.55L₹6.77L-₹12,110.89L₹0.00L
Common Stock Equity₹2,383.42L₹2,486.71L₹1,925.73L-₹10,292.92L₹0.00L
Net Tangible Assets₹2,354.14L₹2,433.33L₹1,869.96L-₹10,324.00L₹0.00L
Tangible Book Value₹2,354.14L₹2,433.33L₹1,869.96L-₹10,324.00L₹0.00L
Current Liabilities₹2,566.53L₹2,327.75L₹1,671.47L₹16,306.02L₹0.00L
Long Term Provisions₹181.99L₹157.67L₹131.88L₹136.20L₹0.00L
Stockholders Equity₹2,383.42L₹2,486.71L₹1,925.73L-₹10,292.92L₹0.00L
Other Equity Interest-₹0.06L-₹0.01L-₹0.01L-₹0.01L₹0.00L
Total Capitalization₹3,338.26L₹3,890.62L₹3,817.73L-₹10,292.92L₹0.00L
Ordinary Shares Number₹83.68L₹83.68L₹83.68L₹73.68L₹0.00L
Other Intangible Assets₹29.28L₹53.38L₹55.77L₹31.08L₹0.00L
Other Non Current Assets₹318.85L₹225.78L₹0.01L-₹0.01L₹0.00L
Total Non Current Assets₹3,378.27L₹3,843.90L₹3,675.82L₹3,795.97L₹0.00L
Cash And Cash Equivalents₹72.88L₹160.74L₹145.28L₹159.18L₹0.00L
Construction In Progress₹61.00L₹0.00L₹153.66L₹50.16L₹0.00L
Accumulated Depreciation-₹1,009.37L-₹970.41L-₹828.74L-₹680.78L₹0.00L
Additional Paid In Capital₹325.00L₹325.00L₹325.00L₹325.00L₹0.00L
Other Short Term Investments₹76.45L₹70.77L₹61.27L₹54.23L₹0.00L
Machinery Furniture Equipment₹2,906.60L₹3,402.16L₹3,059.52L₹2,875.88L₹0.00L
Goodwill And Other Intangible Assets₹29.28L₹53.38L₹55.77L₹31.08L₹0.00L
Total Equity Gross Minority Interest₹2,383.42L₹2,486.71L₹1,925.73L-₹10,292.92L₹0.00L
Total Liabilities Net Minority Interest₹3,966.24L₹3,921.85L₹3,695.35L₹16,442.21L₹0.00L
Current Debt And Capital Lease Obligation₹648.69L₹740.75L₹568.92L₹15,139.65L₹0.00L
Long Term Debt And Capital Lease Obligation₹954.84L₹1,403.91L₹1,892.00L₹0.00L₹0.00L
Cash Cash Equivalents And Short Term Investments₹72.88L₹160.74L₹145.28L₹159.18L₹0.00L
Total Non Current Liabilities Net Minority Interest₹1,399.71L₹1,594.10L₹2,023.88L₹136.19L₹0.00L

Cash Flow

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Free Cash Flow₹658.63L₹653.87L₹588.81L-₹35.76L₹0.00L
Changes In Cash-₹87.86L₹15.47L-₹13.90L-₹50.66L₹0.00L
End Cash Position₹72.88L₹160.74L₹145.28L₹159.18L₹0.00L
Financing Cash Flow-₹750.09L-₹648.11L-₹605.75L-₹42.22L₹0.00L
Investing Cash Flow-₹181.15L-₹295.28L-₹462.64L-₹431.77L₹0.00L
Operating Cash Flow₹843.38L₹958.86L₹1,054.49L₹423.33L₹0.00L
Capital Expenditure-₹184.75L-₹304.99L-₹465.68L-₹459.09L₹0.00L
Beginning Cash Position₹160.74L₹145.28L₹159.18L₹209.84L₹0.00L

Income Statement

Metric31/03/202631/03/202531/03/202431/03/2023
EBIT₹629.64L₹1,064.59L₹13,086.92L-₹971.61L
EBITDA₹1,211.91L₹1,270.14L₹13,266.33L-₹732.37L
Basic EPS-₹0.00L₹0.00L₹0.00L-₹0.00L
Net Income-₹90.59L₹569.78L₹12,117.66L-₹3,337.82L
Diluted EPS-₹0.00L₹0.00L₹0.00L-₹0.00L
Gross Profit₹3,129.84L₹3,227.90L₹2,799.60L₹2,473.98L
Pretax Income₹407.69L₹767.93L₹12,181.57L-₹3,337.82L
Tax Provision₹498.28L₹198.15L₹63.92L₹0.00L
Total Revenue₹17,662.08L₹15,103.54L₹14,110.25L₹15,599.22L
Cost Of Revenue₹14,532.24L₹11,875.64L₹11,310.65L₹13,125.24L
Total Expenses₹17,044.04L₹13,764.54L₹13,514.86L₹15,301.17L
Interest Income₹9.92L₹8.55L₹7.52L₹2.97L
Interest Expense₹221.95L₹296.66L₹905.35L₹2,366.21L
Operating Income₹618.04L₹1,339.00L₹595.39L₹298.05L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L
Normalized EBITDA₹1,240.51L₹1,566.58L₹773.10L₹595.35L
Normalized Income-₹73.43L₹789.73L-₹310.01L-₹2,010.10L
Operating Expense₹2,511.80L₹1,888.90L₹2,204.21L₹2,175.93L
Operating Revenue₹17,662.08L₹15,103.54L₹14,110.25L₹15,599.22L
Net Interest Income-₹220.75L-₹300.16L-₹908.05L-₹2,379.99L
Total Unusual Items-₹28.60L-₹296.44L₹12,493.23L-₹1,327.72L
Basic Average Shares₹83.68L₹83.68L₹79.72L₹73.68L
Diluted Average Shares₹83.68L₹83.68L₹79.72L₹73.68L
Total Other Finance Cost₹8.72L₹12.05L₹10.22L₹16.75L
Other Operating Expenses₹1,624.94L₹1,237.88L₹1,505.30L₹1,594.32L
Reconciled Depreciation₹582.27L₹205.55L₹179.41L₹239.24L
Reconciled Cost Of Revenue₹14,532.24L₹11,875.64L₹11,310.65L₹13,125.24L
Rent Expense Supplemental₹36.42L₹35.31L₹35.13L₹34.92L
Tax Effect Of Unusual Items-₹11.44L-₹76.49L₹65.56L₹0.00L
Interest Income Non Operating₹9.92L₹8.55L₹7.52L₹2.97L
Selling And Marketing Expense₹61.54L₹49.88L₹51.29L₹59.99L
Interest Expense Non Operating₹221.95L₹296.66L₹905.35L₹2,366.21L
Net Income Common Stockholders-₹90.59L₹569.78L₹12,117.66L-₹3,337.82L
Net Income Continuous Operations-₹90.59L₹569.78L₹12,117.65L-₹3,337.82L
Diluted NIAvailto Com Stockholders-₹90.59L₹569.78L₹12,117.66L-₹3,337.82L
General And Administrative Expense₹124.29L₹160.53L₹167.76L₹172.31L
Selling General And Administration₹185.83L₹210.41L₹219.05L₹232.30L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L
Total Unusual Items Excluding Goodwill-₹28.60L-₹296.44L₹12,493.23L-₹1,327.72L
Net Non Operating Interest Income Expense-₹220.75L-₹300.16L-₹908.05L-₹2,379.99L
Net Income Including Noncontrolling Interests-₹90.59L₹569.78L₹12,117.65L-₹3,337.82L
Net Income From Continuing And Discontinued Operation-₹90.59L₹569.78L₹12,117.66L-₹3,337.82L
Net Income From Continuing Operation Net Minority Interest-₹90.59L₹569.78L₹12,117.66L-₹3,337.82L

Company Performance (FY23–FY26)

₹176.6 Cr₹132.5 Cr₹88.3 Cr₹44.2 Cr₹0
₹156.0 Cr
₹141.1 Cr
₹151.0 Cr
₹176.6 Cr
FY23FY24FY25FY26
Latest
₹176.62 Cr
Growth (YoY)
+16.9%
Average
₹156.19 Cr

Directors

AppointmentDirector nameDINDesignation
29/12/2008Shyantanu Sudarshan Chokhani02444142DirectorView other directorships
30/05/2014Mukesh Vijayshi Ashar*****5597HCFO
01/09/2015Sudarshan Chokhani Shriram00243355Managing DirectorView other directorships
26/09/2015Mukesh Vijayshi Ashar06929024Whole-time directorView other directorships
25/07/2019Lalit Maharshi08519212DirectorView other directorships
01/03/2020Prasanna Vitthal Ramdas*****8066PCompany Secretary
30/05/2022Acharya Debasis*****4816DCEO
06/11/2023Madhuri Gajanan Ahire10338913Additional DirectorView other directorships

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 8

Latest Documents

Category:
DateTitleSize
29/06/2024
Copy of Board resolution of the company-28062024
-

Address

A 5 M I D Cambad Industrial Estate Mumbai Nashik Highway, Nashik, Maharashtra, India, 422010

Frequently Asked Questions

What is the incorporation date of Sudal Industries Limited?
The incorporation date of Sudal Industries Limited is 08/08/1979.
What is the authorized share capital and paid-up capital of Sudal Industries Limited?
The authorized share capital of Sudal Industries Limited is ₹8,50,00,000.00. The paid-up capital is ₹8,36,78,180.00.
Who are the current board members & directors of Sudal Industries Limited?

The current board member of Sudal Industries Limited are:

  • Shyantanu Sudarshan Chokhani
  • Sudarshan Chokhani Shriram
  • Lalit Maharshi
  • Mukesh Vijayshi Ashar
  • Madhuri Gajanan Ahire
What is the registered address of Sudal Industries Limited?
The registered address of Sudal Industries Limited is A 5 M I D Cambad Industrial Estate Mumbai Nashik Highway, Nashik, Maharashtra, India, 422010.
What is the Corporate Identification Number of Sudal Industries Limited?
The Corporate Identification Number of Sudal Industries Limited is L21541MH1979PLC021541.