Goel Flour Mills Limited

Produces and sells a variety of flour products since 1987, based in Dhanbad, Jharkhand.

1987 | Dhanbad, Jharkhand (India) | Active
Last Updated: November 16, 2024

Goel Flour Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 8.45 M
  • Company Age 37 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.25 Cr
  • Satisfied Charges ₹ 5.25 Cr
  • Revenue Growth 30.03%
  • Profit Growth 72.86%
  • Ebitda 35.75%
  • Net Worth 13.39%
  • Total Assets 75.56%

About Goel Flour Mills

Goel Flour Mills Limited (GFML) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 December 1987 and has a history of 37 years and two months. Its registered office is in Dhanbad, Jharkhand, India.

The Corporate was formerly known as Goel Flour Mills Private Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 8.45 M.

The company currently has active open charges totaling ₹11.25 Cr. The company has closed loans amounting to ₹5.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sita Tayal, Sanjeev Goel, and Raj Goel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U15311JH1987PLC002792

  • Company No.

    002792

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Food and Beverages

Who are the key members and board of directors at Goel Flour Mills?

Board Members (3)

Name Designation Appointment Date Status
Sita Tayal Country flag representing In Director 31-Mar-2011 Current
Sanjeev Goel Country flag representing In Director 20-Feb-2023 Current
Raj Goel Country flag representing In Director 01-Aug-2014 Current

Financial Performance of Goel Flour Mills.

Goel Flour Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.03% increase. The company also saw a substantial improvement in profitability, with a 72.86% increase in profit. The company's net worth Soared by an impressive increase of 13.39%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
30.03%
Revenue from Operations
30.00%
Total Assets
75.56%
Profit or Loss
72.86%
Net Worth
13.39%
EBITDA
35.75%

What is the Ownership and Shareholding Structure of Goel Flour Mills?

In 2023, Goel Flour Mills had a promoter holding of 2.07% and a public holding of 97.93%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.25 Cr

Satisfied Charges

₹5.25 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 11.25 Cr

Latest Charge Details

Date Lender Amount Status
06 Jan 2023 State Bank Of India ₹7.00 Cr Open
11 Dec 1889 State Bank Of India ₹4.25 Cr Open
08 Dec 2021 Hdfc Bank Limited ₹5.25 Cr Satisfied

How Many Employees Work at Goel Flour Mills?

Unlock and access historical data on people associated with Goel Flour Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Goel Flour Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Goel Flour Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Goel Flour Mills

Recent activity within the organization

  • Annual General Meeting

    Goel Flour Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Goel Flour Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 7.00 Cr registered on 06 Jan 2023 with Charge ID 100670121 was modified on 11 Dec 2023.

    11 Dec 2023

  • Charges

    A charge registered on 08 Dec 2021 via Charge ID 100549444 with Hdfc Bank Limited was fully satisfied on 27 Feb 2023.

    27 Feb 2023

  • Director Appointment

    Sanjeev Kumar Goel was appointed as a Director was appointed as a Director on 20 Feb 2023 & has been associated with this company since 1 year 11 months .

    20 Feb 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100670121 was registered on 06 Jan 2023.

    06 Jan 2023

Frequently asked questions

  • Goel Flour Mills Limited was incorporated on 02 Dec 1987.

  • The authorized share capital of Goel Flour Mills Limited is ₹ 1.25 Cr and paid-up capital is ₹ 8.45 M.

  • Currently 3 directors are associated with Goel Flour Mills Limited.

    • Sita Ram Tayal
    • Sanjeev Kumar Goel
    • Raj Kumar Goel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goel Flour Mills Limited is G.T.Road Udaipur, Po-Kalyanpur India, Dhanbad, Jharkhand, 826004.

  • The corporate identification number (CIN) of Goel Flour Mills Limited is U15311JH1987PLC002792 and the company number is 002792 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Goel Flour Mills Limited is https://www.goel-flour-mills-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goel Flour Mills Limited has risen by 30.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Goel Flour Mills Limited has experienced an upsurge of 13.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Goel Flour Mills Limited amount to ₹ 11.25 Cr.

  • The most recent Balance Sheet for Goel Flour Mills Limited was filed with the ROC on 31 Mar 2024.

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