Bannari Amman Sugars Limited

Manufacturer of sugar, alcohol, bio-compost, granite products, and power generation with multiple units and plants.

1983 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: June 22, 2024

Bannari Amman Sugars Profile

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 12.54 Cr
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 973.89 Cr
  • Satisfied Charges ₹ 2,184.72 Cr
  • Revenue Growth 28.01%
  • Profit Growth 79.28%
  • Ebitda 41.20%
  • Net Worth 9.03%
  • Total Assets -8.17%

About Bannari Amman Sugars

Bannari Amman Sugars Limited (BASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1983 and has a history of 41 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500041 and on the National Stock Exchange(NSE) under BANARISUG.

The Company is engaged in the Chemicals And Materials 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 65.00 Cr and a paid-up capital of Rs 12.54 Cr.

The company currently has active open charges totaling ₹973.89 Cr. The company has closed loans amounting to ₹2,184.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bannari Amman Sugars Limited India are M Ramprabhu as CFO and Chinnappan Palaniswamy as Company Secretary. Sangampalayam Balasubramaniam, Balasubramaniam Saravanan, Alathukombai Perumalsamy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bannari.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15421TZ1983PLC001358

  • Company No.

    001358

  • Stock Symbol

    BSE : 500041 NSE : BANARISUG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1983

  • Date of AGM

    04 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Chemicals and Materials
Environment
Manufacturing
Agriculture

What products or services does Bannari Amman Sugars Limited offer?

Bannari Amman Sugars Limited offers a wide range of products and services, including Insecticides and Pesticides, Fungicides, Biofungicides, Fertilizers and Soil Additives, Organic Fertilizers and Manure, Bio Fertilizers, Solar & Renewable Energy Products, Windmills & Wind Turbines, Insecticides, Larvicide.

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

Executive Team (4)

NameDesignationAppointment DateStatus
Sangampalayam Balasubramaniam Country flag representing In Managing Director01-Dec-1983Current
Balasubramaniam Saravanan Country flag representing In Managing Director27-Jan-1999Current
M Ramprabhu Country flag representing In CFO11-Feb-2015Current
Chinnappan Palaniswamy Country flag representing In Company Secretary01-Apr-2004Current

Board Members (4)

NameDesignationAppointment DateStatus
Alathukombai Perumalsamy Country flag representing In Director 18-May-1984Current
Thatha Gundan Country flag representing In Director 23-Jun-2008Current
Malayandipatnam Vijayakumar Country flag representing In Director 14-Nov-2011Current
Radha Ramani Country flag representing In Director 11-Feb-2015Current

Financial Performance of Bannari Amman Sugars.

Bannari Amman Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.01% increase. The company also saw a substantial improvement in profitability, with a 79.28% increase in profit. The company's net worth moved up by a moderate rise of 9.03%.

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
28.01%
Revenue from Operations
26.40%
Total Assets
-8.17%
Profit or Loss
79.28%
Net Worth
9.03%
EBITDA
41.20%

What is the Ownership and Shareholding Structure of Bannari Amman Sugars?

In 2023, Bannari Amman Sugars had a promoter holding of 58.69% and a public holding of 41.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹973.89 Cr

Satisfied Charges

₹2,184.72 Cr

Charges Breakdown by Lending Institutions

  • Others : 973.89 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2022Others₹150.00 CrOpen
18 Jan 2021Others₹46.02 CrOpen
09 Dec 2019Others₹75.00 CrOpen
05 Oct 2018Others₹11.40 CrOpen
25 Jan 2017Others₹30.40 CrOpen

How Many Employees Work at Bannari Amman Sugars?

Bannari Amman Sugars has a workforce of 2450 employees as of Apr 02, 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 Bannari Amman 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 Bannari Amman 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 Bannari Amman Sugars

Recent activity within the organization

  • Charges

    A charge registered on 15 Sep 1993 via Charge ID 80050024 with Others was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 16 Oct 2017 via Charge ID 100131242 with Others was fully satisfied on 07 Dec 2023.

    07 Dec 2023

  • Charges

    A charge registered on 23 Oct 2008 via Charge ID 10131235 with Others was fully satisfied on 31 Oct 2023.

    31 Oct 2023

  • Annual General Meeting

    Bannari Amman Sugars Limited last Annual general meeting of members was held on 04 Sep 2023 as per latest MCA records.

    04 Sep 2023

  • Balance Sheet

    Bannari Amman Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 15 Sep 1993 via Charge ID 80050022 with Others was fully satisfied on 23 Feb 2023.

    23 Feb 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Bannari Amman Sugars Limited was incorporated on 01 Dec 1983.

  • The authorized share capital of Bannari Amman Sugars Limited is ₹ 65.00 Cr and paid-up capital is ₹ 12.54 Cr.

  • Currently 8 directors are associated with Bannari Amman Sugars Limited.

    • Sangampalayam Vedanayagam Balasubramaniam
    • Balasubramaniam Saravanan
    • Alathukombai Karupaagounder Perumalsamy
    • Thatha Gowder Gundan
    • Malayandipatnam Palanisamy Vijayakumar
    • Radha Ramani
    • M Ramprabhu
    • Chinnappan Palaniswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bannari Amman Sugars Limited is 1212 Trichy Road, India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Bannari Amman Sugars Limited is L15421TZ1983PLC001358 and the company number is 001358 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bannari Amman Sugars Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BANARISUG.

  • The Official website of Bannari Amman Sugars Limited is https://www.bannari.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bannari Amman Sugars Limited has risen by 28.01%.

  • As Per 2023 financial reports, 2450 employees are currently employed by Bannari Amman Sugars Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bannari Amman Sugars Limited has experienced an upsurge of 9.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bannari Amman Sugars Limited amount to ₹ 973.89 Cr.

  • The most recent Balance Sheet for Bannari Amman Sugars Limited was filed with the ROC on 31 Mar 2023.

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