Athani Sugars Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 28.56 Cr
- Company Age 29 Year, 8 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 eight 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
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Location
Belgaum, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U40109KA1995PLC017806
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Company No.
017806
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
25 May 1995
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Heramb Charati | Company Secretary | 09-Mar-2019 | Current |
Yogesh Patil
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CFO | 09-Mar-2019 | Current |
|
Shrinivas Patil
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Managing Director | 30-Sep-2009 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Suhas Patil
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Director | 28-Jul-1998 | Current |
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Uttam Patil
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Director | 27-Sep-2008 | Current |
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Nivruti Jadhav
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Director | 29-Dec-2000 | Current |
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Abdulbari Mulla
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Director | 18-Dec-2015 | Current |
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Ujwala Patil
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Director | 10-Dec-2016 | Current |
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Pravin Patil
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Director | 05-Dec-2020 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Creative Grains And Transportation Services Private LimitedSuhas Patil is a mutual person
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Vishwanath Starch Industries Limited
Uttam Patil, Yogesh Patil and 2 more are mutual person
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Shivneri Sugars Limited
Sushant Patil, Yogesh Patil and 2 more are mutual person
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Krishnayog Corporation Private Limited
Sushant Patil is a mutual person
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Deccan Infrabuild Private Limited
Prakash Chavan is a mutual person
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Deccan Infraventures Private Limited
Prakash Chavan is a mutual person
Charges (Loans)
₹1,911.86 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2024 | Others | ₹50.00 Cr | Open |
| 08 Jun 2024 | Others | ₹10.00 Cr | Open |
| 22 May 2024 | Others | ₹27.00 Cr | Open |
| 16 May 2024 | Others | ₹25.00 Cr | Open |
| 16 May 2024 | Others | ₹20.00 Cr | Open |
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.
Deals i
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
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
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.
