Bilagi Sugar Mill Limited

Sugar mill company producing white sugar and molasses, with plans for expansion.

2001 | Bagalkot, Karnataka (India) | Active
Last Updated:

Bilagi Sugar Mill Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 35.68 Cr
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,070.80 Cr
  • Satisfied Charges ₹ 469.39 Cr
  • Revenue Growth -29.03%
  • Profit Growth -214.53%
  • Ebitda -37.60%
  • Net Worth -43.19%
  • Total Assets 16.93%

About Bilagi Sugar Mill

Bilagi Sugar Mill Limited (BSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 November 2001 and has a history of 23 years and four months. Its registered office is in Bagalkot, Karnataka, India.

The Company is engaged in the Agriculture 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 55.00 Cr and a paid-up capital of Rs 35.68 Cr.

The company currently has active open charges totaling ₹1,070.80 Cr. The company has closed loans amounting to ₹469.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bilagi Sugar Mill Limited India are Ramesh Manta as CFO and Pooja Shet as Company Secretary. Sureshgouda Patil, Shivanagouda Patil, Laxman Nirani, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bagalkot, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15429KA2001PLC029788

  • Company No.

    029788

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture
Company report

Bilagi Sugar Mill Limited

Explore comprehensive data for Bilagi Sugar Mill Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bilagi Sugar Mill?

Executive Team (2)

NameDesignationAppointment DateStatus
Ramesh Manta CFO15-Mar-2019Current
Pooja Shet Company Secretary05-Sep-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Sureshgouda Patil Country flag representing In Whole-Time Director 01-Feb-2002Current
Shivanagouda Patil Country flag representing In Director 19-Nov-2001Current
Laxman Nirani Country flag representing In Director 29-Dec-2008Current
Hanamanthagouda Patil Country flag representing In Director 19-Mar-2014Current
Manjunath Aralikatti Country flag representing In Director 01-Jul-2019Current
Uma Patil Country flag representing In Director 14-May-2024Current

Financial Performance of Bilagi Sugar Mill.

Bilagi Sugar Mill Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.03% decrease. The company also saw a substantial fall in profitability, with a 214.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.19%.

Bilagi Sugar Mill revenue growth over time
Bilagi Sugar Mill 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
-29.03%
Revenue from Operations
-29.11%
Total Assets
16.93%
Profit or Loss
-214.53%
Net Worth
-43.19%
EBITDA
-37.60%

What is the Ownership and Shareholding Structure of Bilagi Sugar Mill?

In 2023, Bilagi Sugar Mill had a promoter holding of 8.29% and a public holding of 91.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,070.80 Cr

Satisfied Charges

₹469.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 730.74 Cr
  • The Karnataka State Co-Operative Apex Bank Limited : 127.00 Cr
  • Bank Of India : 116.36 Cr
  • State Bank Of India : 58.00 Cr
  • The Karnataka State Co-Operative Apex Bank Ltd. : 23.30 Cr
  • Others : 15.40 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2024Bank Of India₹47.00 CrOpen
12 Jul 2024Others₹80.00 CrOpen
29 May 2024Others₹50.00 CrOpen
27 Dec 2023Others₹25.00 CrOpen
25 Sep 2023Others₹75.00 CrOpen

How Many Employees Work at Bilagi Sugar Mill?

Bilagi Sugar Mill has a workforce of 433 employees as of Apr 09, 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 Bilagi Sugar Mill Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bilagi Sugar Mill, 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 Bilagi Sugar Mill'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 Bilagi Sugar Mill

Recent activity within the organization

  • Annual General Meeting

    Bilagi Sugar Mill Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Bank Of India amounted to Rs. 47.00 Cr with Charge ID 100978461 was registered on 06 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 80.00 Cr with Charge ID 100947834 was registered on 12 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100924293 was registered on 29 May 2024.

  • Charges

    A charge registered on 30 Mar 2023 via Charge ID 100703069 with Others was fully satisfied on 29 May 2024.

  • Director Appointment

    Uma Shivanagouda Patil was appointed as a Director was appointed as a Director on 14 May 2024 & has been associated with this company since 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Bilagi Sugar Mill Limited?

    Bilagi Sugar Mill Limited was incorporated on 19 Nov 2001.

  • What is authorized share capital and paid-up capital of Bilagi Sugar Mill Limited?

    The authorized share capital of Bilagi Sugar Mill Limited is ₹ 55.00 Cr and paid-up capital is ₹ 35.68 Cr.

  • Who are the current board members & directors of Bilagi Sugar Mill Limited?

    Currently 9 directors are associated with Bilagi Sugar Mill Limited.

    • Sureshgouda Patil
    • Shivanagouda Rudragouda Patil
    • Laxman Rudrappa Nirani
    • Hanamanthagouda Lenkanagouda Patil
    • Manjunath Tammanna Aralikatti
    • Uma Shivanagouda Patil
    • Naveen Badri
    • Ramesh Rachapa Manta
    • Pooja Sumanth Shet

  • What is the registered address of Bilagi Sugar Mill Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bilagi Sugar Mill Limited is No. 6, Prashant Khb Colony Kaladagi Road India, Bagalkot, Karnataka, 587102.

  • What is the corporate identification number (CIN) and company number of Bilagi Sugar Mill Limited?

    The corporate identification number (CIN) of Bilagi Sugar Mill Limited is U15429KA2001PLC029788 and the company number is 029788 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bilagi Sugar Mill Limited?

    The Official website of Bilagi Sugar Mill Limited is https://www.bilagisugar.com

  • What has been the recent revenue trend for Bilagi Sugar Mill Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bilagi Sugar Mill Limited has fallen by -29.03%.

  • How many employees does Bilagi Sugar Mill Limited currently have?

    As Per 2023 financial reports, 433 employees are currently employed by Bilagi Sugar Mill Limited.

  • What change has been observed in the net worth of Bilagi Sugar Mill Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bilagi Sugar Mill Limited has experienced an downturn of -43.19%.

  • What are the total open charges for Bilagi Sugar Mill Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bilagi Sugar Mill Limited amount to ₹ 1,070.80 Cr.

  • When was the last Balance Sheet of Bilagi Sugar Mill Limited filed with the ROC?

    The most recent Balance Sheet for Bilagi Sugar Mill Limited was filed with the ROC on 31 Mar 2024.

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