Athani Sugars Limited

Produces sugar, generates power, and operates a distillery with high daily crushing capacity.

1995 | Belgaum, Karnataka (India) | Active
Last Updated:

Athani Sugars Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 28.56 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,911.86 Cr
  • Satisfied Charges ₹ 2,933.27 Cr
  • Revenue Growth 4.06%
  • Profit Growth 89.03%
  • Ebitda 49.68%
  • Net Worth 25.60%
  • Total Assets -2.29%

About Athani Sugars

Athani Sugars Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 May 1995 and has a history of 29 years and nine months. Its registered office is in Belgaum, Karnataka, India.

The Corporate was formerly known as Athani Farmers Sugar Factory Limited. The Company is engaged in the Energy And Power 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 60.00 Cr and a paid-up capital of Rs 28.56 Cr.

The company currently has active open charges totaling ₹1,911.86 Cr. The company has closed loans amounting to ₹2,933.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Athani Sugars Limited India are Heramb Charati as COMPANY SECRETARY and Yogesh Patil as Cfo. Suhas Patil, Uttam Patil, Nivruti Jadhav, and Ten other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    athanisugars.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109KA1995PLC017806

  • Company No.

    017806

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 May 1995

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power
Agriculture

What products or services does Athani Sugars Limited offer?

Athani Sugars Limited offers a wide range of products and services, including Sugar, Sugar Crystal.

Who are the key members and board of directors at Athani Sugars?

Executive Team (3)

NameDesignationAppointment DateStatus
Heramb Charati Company Secretary09-Mar-2019Current
Yogesh Patil Country flag representing In CFO09-Mar-2019Current
Shrinivas Patil Country flag representing In Managing Director30-Sep-2009Current

Board Members (11)

NameDesignationAppointment DateStatus
Suhas Patil Country flag representing In Director 28-Jul-1998Current
Uttam Patil Country flag representing In Director 27-Sep-2008Current
Nivruti Jadhav Country flag representing In Director 29-Dec-2000Current
Abdulbari Mulla Country flag representing In Director 18-Dec-2015Current
Ujwala Patil Country flag representing In Director 10-Dec-2016Current
Pravin Patil Country flag representing In Director 05-Dec-2020Current

Financial Performance of Athani Sugars.

Athani Sugars Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.06% increase. The company also saw a substantial improvement in profitability, with a 89.03% increase in profit. The company's net worth Soared by an impressive increase of 25.6%.

Athani Sugars revenue growth over time
Athani Sugars 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
4.06%
Revenue from Operations
4.09%
Total Assets
-2.29%
Profit or Loss
89.03%
Net Worth
25.60%
EBITDA
49.68%

What is the Ownership and Shareholding Structure of Athani Sugars?

In 2023, Athani Sugars had a promoter holding of 61.86% and a public holding of 38.14%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,911.86 Cr

Satisfied Charges

₹2,933.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 1458.86 Cr
  • State Bank Of India : 190.00 Cr
  • Canara Bank : 133.00 Cr
  • Tjsb Sahakari Bank Limited : 90.00 Cr
  • Karnataka Bank Ltd. : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024Others₹50.00 CrOpen
08 Jun 2024Others₹10.00 CrOpen
22 May 2024Others₹27.00 CrOpen
16 May 2024Others₹25.00 CrOpen
16 May 2024Others₹20.00 CrOpen

How Many Employees Work at Athani Sugars?

Athani Sugars has a workforce of 2020 employees as of Apr 05, 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.

Employee growth trends for Athani Sugars Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Athani Sugars, 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 Athani Sugars'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 Athani Sugars

Recent activity within the organization

  • Annual General Meeting

    Athani Sugars Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 21 Mar 2023 via Charge ID 100689873 with Others was fully satisfied on 03 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100944153 was registered on 26 Jun 2024.

  • Charges

    A charge with Others of Rs. 37.00 Cr registered on 17 Oct 2019 with Charge ID 100299947 was modified on 14 Jun 2024.

  • Charges

    A charge registered on 04 Jun 2022 via Charge ID 100580459 with Others was fully satisfied on 12 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100932303 was registered on 08 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Athani Sugars Limited?

    Athani Sugars Limited was incorporated on 25 May 1995.

  • What is authorized share capital and paid-up capital of Athani Sugars Limited?

    The authorized share capital of Athani Sugars Limited is ₹ 60.00 Cr and paid-up capital is ₹ 28.56 Cr.

  • Who are the current board members & directors of Athani Sugars Limited?

    Currently 15 directors are associated with Athani Sugars Limited.

    • Suhas Shivajirao Patil
    • Uttam Pandit Patil
    • Nivruti Yeshwant Jadhav
    • Abdulbari Abdulrajak Mulla
    • Ujwala Shrimant Patil
    • Heramb Vishwanath Charati
    • Yogesh Shrimant Patil
    • Pravin Bharat Patil
    • Sushant Patil
    • Yogesh Shrimant Patil
    • Krishnarao Jotiram Mohite
    • Shrinivas Shrimant Patil
    • Prakash Vyankatrao Chavan
    • Shrimant Balasaheb Patil
    • Shankarao Shamrao Patil

  • What is the registered address of Athani Sugars Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Athani Sugars Limited is Vishnuanna Nagar Post Navalihal Taluka Athani, Dist.Belgaum India, Karnataka, 591234.

  • What is the corporate identification number (CIN) and company number of Athani Sugars Limited?

    The corporate identification number (CIN) of Athani Sugars Limited is U40109KA1995PLC017806 and the company number is 017806 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Athani Sugars Limited?

    The Official website of Athani Sugars Limited is https://www.athanisugars.com

  • What has been the recent revenue trend for Athani Sugars Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Athani Sugars Limited has risen by 4.06%.

  • How many employees does Athani Sugars Limited currently have?

    As Per 2023 financial reports, 2020 employees are currently employed by Athani Sugars Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Athani Sugars Limited has experienced an upsurge of 25.60%.

  • What are the total open charges for Athani Sugars Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Athani Sugars Limited amount to ₹ 1,911.86 Cr.

  • When was the last Balance Sheet of Athani Sugars Limited filed with the ROC?

    The most recent Balance Sheet for Athani Sugars Limited was filed with the ROC on 31 Mar 2024.

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