Utopian Sugars Limited - Due diligence report

A 360° intelligence report on Utopian Sugars Limited: trust score, financial health, credit view, compliance, directors, growth and distress…

2010-03-10 Pandharpur, Maharashtra Active Unlisted Active Compliant
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Utopian Sugars Limited — 360° Intelligence Report

Generated from MCA filings & public records
56/100
Trust Score
Moderate

Utopian Sugars Limited is assessed as Moderate with a Trust Score of 56/100. Utopian Sugars Limited is an active public limited indian non-government company incorporated in 2010, operating in the Agriculture sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Utopian Sugars Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
56/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
25/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
25/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 25/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Externally credit-rated (D).

Charges position: 13 open (592.11 cr) · 5 satisfied (416.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others14 48.0 cr
Punjab National Bank1 48.0 cr
State Bank Of India1 48.0 cr
The Pandharpur Urban Co-Op. Bank Ltd.2 48.0 cr
Compliance Score: 25/100 Caution Indicated
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • Flagged by authority: NCLT.
  • Litigation present in 4 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (4)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
ABHIJIT NANDKUMAR MOKASHI 01234567 Director 01/04/2018 6 yrs Approved
MAHESH PRABHAKAR PARICHARAK 01234567 Director 01/04/2018 6 yrs Approved
JAYAMILIND JAGANNATH KADAM 01234567 Director 01/04/2018 6 yrs Approved
DINESH NANASO KHANDEKAR 01234567 Director 01/04/2018 6 yrs Approved
ATUL SADASHIV MORE 01234567 Director 01/04/2018 6 yrs Approved
UMESH PRABHAKAR PARICHARAK 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
4 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
Paricharak Builders And Developers Private Limited Associate Company 74.00%

Key managerial personnel: DINESH NANASO KHANDEKAR (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 65
Growth signals & trust indicators
Operating for 16+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Statutory filings appear overdue.
Compliance score is weak (25/100).
13 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence46/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment30/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 13 open charge(s) of 592.11 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view48/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
03 Nov 2025
Charge satisfied
Others
24 Oct 2025
Charge created
Others - 30.00 cr
25 Aug 2025
Charge created
Others - 15.00 cr
25 Mar 2025
Charge created
The Pandharpur Urban Co-Op. Bank Ltd. - 40.00 cr
18 Dec 2024
Charge created
Others - 70.00 cr
28 Nov 2024
Charge created
Others - 150.00 cr
Charge satisfied
Others
05 Aug 2024
Charge created
The Pandharpur Urban Co-Op. Bank Ltd. - 5.00 cr
19 Mar 2024
Charge satisfied
Others
Charge satisfied
Punjab National Bank
15 Mar 2024
Charge created
Others - 150.00 cr
12 Oct 2023
Charge created
Others - 40.00 cr
30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
01 Aug 2022
Director appointed
ABHIJIT NANDKUMAR MOKASHI (Company Secretary)
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
6 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Sk Nasiruddin Biri Merchants Pvt Ltd U29212WB1968PTC027273 Kolkata, West Bengal, India
Barry Callebaut U01407MH2007FTC174572 Mumbai, Maharashtra, India
Ganpati Agri Business Private Limited U74120UP2011PTC045995 Barabanki, Uttar Pradesh, India
Kay Pan-Sugandh Private Limited U16009MH2007PTC175265 Mumbai, Maharashtra, India
Meat And Eat U52203KA2010PTC052591 Bangalore, Karnataka, India
Malankara Plantations Limited U66000KL1910PLC000650 Kottayam, Kerala, India
Tirupati Oil Cake Industries Private Limited U15400PN2019PTC184645 Solapur, Maharashtra, India
K.P.Sugandh Limited U16003CT2006PLC020128 Bilaspur, Chattisgarh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Utopian Sugars Limited before audits and certifications: compliance score 25/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Utopian Sugars Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 25/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Utopian Sugars Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 56/100, distress signals and MSME payment-delay disclosures - know whether Utopian Sugars Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Utopian Sugars Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Utopian Sugars Limited an active company?

Utopian Sugars Limited has MCA status “Active” with a compliance score of 25/100 (Caution Indicated).

Is Utopian Sugars Limited financially healthy?

Utopian Sugars Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Utopian Sugars Limited?

Its overall Trust Score is 56/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Utopian Sugars Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 6 active director(s) are on record.

Does Utopian Sugars Limited have loans or charges against its assets?

13 open charge(s) are registered against its assets, and 5 earlier charge(s) stand satisfied.

Is Utopian Sugars Limited up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 25/100 (Caution Indicated).

Is it risky to lend to Utopian Sugars Limited?

Its Credit Risk Score is 25/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.