Sethia Oils Ltd

Manufacturer of healthy oils, functional foods, and nutraceuticals, including rice bran oil and De-Oiled Rice Bran.

1986 | Kolkata, West Bengal (India) | Active
Last Updated: July 18, 2024

Sethia Oils Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.63 Cr
  • Company Age 38 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.14 Cr
  • Revenue Growth -33.38%
  • Profit Growth -140.74%
  • Ebitda -126.20%
  • Net Worth -5.79%
  • Total Assets 17.97%

About Sethia Oils

Sethia Oils Ltd (SOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 March 1986 and has a history of 38 years and ten months. Its registered office is in Kolkata, West Bengal, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.63 Cr.

The company currently has active open charges totaling ₹19.14 Cr.

The Key Managerial Personnel (KMP) at Sethia Oils Ltd India is Gopinath Khandelwal as COMPANY SECRETARY. Dilip Sethia, Ashok Sethia, Alok Sethia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15316WB1986PLC040396

  • Company No.

    040396

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 1986

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Food and Beverages

Who are the key members and board of directors at Sethia Oils?

Executive Team (2)

Name Designation Appointment Date Status
Alok Sethia Country flag representing In Managing Director 09-Oct-1986 Current
Gopinath Khandelwal Country flag representing In Company Secretary 01-Dec-1988 Current

Board Members (4)

Name Designation Appointment Date Status
Nishant Jain Country flag representing In Director Current
Kailash Todi Country flag representing In Director 28-Apr-2022 Current
Dilip Sethia Country flag representing In Director 29-Jun-2017 Current
Ashok Sethia Country flag representing In Whole-Time Director 09-Oct-1986 Current

Financial Performance of Sethia Oils.

Sethia Oils Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.38% decrease. The company also saw a substantial fall in profitability, with a 140.74% decrease in profit. The company's net worth dipped by a decrease of 5.79%.

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
-33.38%
Revenue from Operations
-33.42%
Total Assets
17.97%
Profit or Loss
-140.74%
Net Worth
-5.79%
EBITDA
-126.20%

What is the Ownership and Shareholding Structure of Sethia Oils?

In 2023, Sethia Oils had a promoter holding of 8.81% and a public holding of 91.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.14 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 1999 State Bank Of India ₹19.14 Cr Open

How Many Employees Work at Sethia Oils?

Sethia Oils has a workforce of 177 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sethia Oils, 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 Sethia Oils'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 Sethia Oils

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 19.14 Cr registered on 12 Aug 1999 with Charge ID 80028539 was modified on 06 Feb 2024.

    06 Feb 2024

  • Annual General Meeting

    Sethia Oils Ltd last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Sethia Oils Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Kailash Pati Todi was appointed as a Director was appointed as a Director on 28 Apr 2022 & has been associated with this company since 2 years 9 months .

    28 Apr 2022

  • Director Appointment

    Dilip Sethia was appointed as a Director was appointed as a Director on 29 Jun 2017 & has been associated with this company since 7 years 7 months .

    29 Jun 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 19.14 Cr with Charge ID 80028539 was registered on 12 Aug 1999.

    12 Aug 1999

Recent News, Updates & Announcement

Frequently asked questions

  • Sethia Oils Ltd was incorporated on 24 Mar 1986.

  • The authorized share capital of Sethia Oils Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 2.63 Cr.

  • Currently 6 directors are associated with Sethia Oils Ltd.

    • Dilip Sethia
    • Ashok Sethia
    • Alok Sethia
    • Kailash Pati Todi
    • Nishant Jain
    • Gopinath Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sethia Oils Ltd is Diamond Heritage Room No. 505 5Th Floor 16 Strand Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Sethia Oils Ltd is U15316WB1986PLC040396 and the company number is 040396 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sethia Oils Ltd is https://www.sethiaoils.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sethia Oils Ltd has fallen by -33.38%.

  • As Per 2023 financial reports, 177 employees are currently employed by Sethia Oils Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sethia Oils Ltd has experienced an downturn of -5.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sethia Oils Ltd amount to ₹ 19.14 Cr.

  • The most recent Balance Sheet for Sethia Oils Ltd was filed with the ROC on 31 Mar 2023.

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