Swastik Oleochems Limited

Produces vegetable-based oils and fats for various industries.

1991 | Rajender Nagar Mandal, Telangana (India) | Active
Last Updated:

Swastik Oleochems Profile

Key Indicators

  • Authorised Capital ₹ 9.50 Cr
  • Paid Up Capital ₹ 7.57 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 48.23 Cr
  • Revenue Growth -18.43%
  • Profit Growth -88.34%
  • Ebitda -51.87%
  • Net Worth 4.25%
  • Total Assets -4.75%

About Swastik Oleochems

Swastik Oleochems Limited (SOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 February 1991 and has a history of 34 years and two months. Its registered office is in Rajender Nagar Mandal, Telangana.

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 9.50 Cr and a paid-up capital of Rs 7.57 Cr.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹48.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lalchand Bhangdia, Pavan Bhangadia, and Krish Bhangadia serve as directors at the Company.

Company Details

  • Location Rajender Nagar Mandal, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15143TG1991PLC012387

  • Company No.

    012387

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Food and Beverages
Company report

Swastik Oleochems Limited

Explore comprehensive data for Swastik Oleochems Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Swastik Oleochems?

Executive Team (1)

NameDesignationAppointment DateStatus
Pavan Bhangadia Country flag representing Au Managing Director01-Jul-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Lalchand Bhangdia Country flag representing In Director 18-Nov-2021Current
Krish Bhangadia Director 14-Jun-2024Current

Financial Performance of Swastik Oleochems.

Swastik Oleochems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.43% decrease. The company also saw a substantial fall in profitability, with a 88.34% decrease in profit. The company's net worth moved up by a moderate rise of 4.25%.

Swastik Oleochems revenue growth over time
Swastik Oleochems 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
-18.43%
Revenue from Operations
-12.63%
Total Assets
-4.75%
Profit or Loss
-88.34%
Net Worth
4.25%
EBITDA
-51.87%

What is the Ownership and Shareholding Structure of Swastik Oleochems?

In 2023, Swastik Oleochems had a promoter holding of 40.90% and a public holding of 59.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹48.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2022Others₹5.00 CrOpen
25 Sep 2006State Bank Of Mysore₹6.00 MSatisfied
05 Sep 2005Natural Agricultural Co-Op Marketing Federation Of India Ltd₹7.03 CrSatisfied
26 Feb 2001Idbi Bank₹7.50 CrSatisfied
16 Feb 2001Trustes Of The Stressed Assets Stabilisation Fund₹7.50 CrSatisfied

How Many Employees Work at Swastik Oleochems?

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

Employee growth trends for Swastik Oleochems Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik Oleochems, 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 Swastik Oleochems'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 Swastik Oleochems

Recent activity within the organization

  • Director Appointment

    Krish Bhangadia was appointed as a Director was appointed as a Director on 14 Jun 2024 & has been associated with this company since 10 months 24 days .

  • Annual General Meeting

    Swastik Oleochems Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Swastik Oleochems Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100541320 was registered on 05 Feb 2022.

  • Director Appointment

    Lalchand Bhangdia was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 3 years 5 months .

  • Charges

    A charge registered on 26 Feb 2001 via Charge ID 90121496 with Idbi Bank was fully satisfied on 04 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Swastik Oleochems Limited?

    Swastik Oleochems Limited was incorporated on 26 Feb 1991.

  • What is authorized share capital and paid-up capital of Swastik Oleochems Limited?

    The authorized share capital of Swastik Oleochems Limited is ₹ 9.50 Cr and paid-up capital is ₹ 7.57 Cr.

  • Who are the current board members & directors of Swastik Oleochems Limited?

    Currently 3 directors are associated with Swastik Oleochems Limited.

    • Lalchand Bhangdia
    • Pavan Kumar Bhangadia
    • Krish Bhangadia

  • What is the registered address of Swastik Oleochems Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Oleochems Limited is 7-3-141, Gagan Pahad India, Rajender Nagar Mandal, Telangana, 501323.

  • What is the corporate identification number (CIN) and company number of Swastik Oleochems Limited?

    The corporate identification number (CIN) of Swastik Oleochems Limited is U15143TG1991PLC012387 and the company number is 012387 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Swastik Oleochems Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swastik Oleochems Limited has fallen by -18.43%.

  • What change has been observed in the net worth of Swastik Oleochems Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swastik Oleochems Limited has experienced an upsurge of 4.25%.

  • What are the total open charges for Swastik Oleochems Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swastik Oleochems Limited amount to ₹ 5.00 Cr.

  • When was the last Balance Sheet of Swastik Oleochems Limited filed with the ROC?

    The most recent Balance Sheet for Swastik Oleochems Limited was filed with the ROC on 31 Mar 2023.

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