Davangere Sugar Company Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 94.08 Cr
- Company Age 54 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 512.41 Cr
- Satisfied Charges ₹ 453.87 Cr
- Revenue Growth 125.43%
- Profit Growth 132.66%
- Ebitda 86.92%
- Net Worth 24.19%
- Total Assets 0.51%
About Davangere Sugar Company
Davangere Sugar Company Limited (DSCL) was founded in India on 28 September 1970 and has a glorious history of 54 years and four months. Its registered office is in Davangere, 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 150.00 Cr and a paid-up capital of Rs 94.08 Cr.
The company currently has active open charges totaling ₹512.41 Cr. The company has closed loans amounting to ₹453.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Davangere Sugar Company Limited India are Parameshwarappa Onkarappa as CFO and Nidhi Vaswani as Company Secretary. Hima Sagala, Vinita Modak, Swathi Shamanur, and Three other members serve as directors at the Company.
Company Details
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Location
Davangere, 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
L37100KA1970PLC001949
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Company No.
001949
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
28 Sep 1970
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Listed
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Davangere Sugar Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parameshwarappa Onkarappa | CFO | 14-Jun-2024 | Current |
| Nidhi Vaswani | Company Secretary | 13-Jan-2023 | Current |
Shamanur Ganesh
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Managing Director | 31-Oct-2000 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Hima Sagala
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Director | 08-Oct-2024 | Current |
| Vinita Modak | Director | 08-Oct-2024 | Current |
|
Swathi Shamanur
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Director | 06-Jun-2024 | Current |
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Abhijith Shamanur
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Director | 09-Jun-2011 | Current |
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Thappagondanahally Rajashekarappa
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Director | 16-Jul-2020 | Current |
Financial Performance of Davangere Sugar Company.
Davangere Sugar Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 125.43% increase. The company also saw a substantial improvement in profitability, with a 132.66% increase in profit. The company's net worth Soared by an impressive increase of 24.19%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Davangere Sugar Company?
In 2022, Davangere Sugar Company had a promoter holding of 59.01% and a public holding of 41.00%. 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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Covidh Technologies LimitedVinita Modak is a mutual person
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Tgv Sraac LimitedHima Sagala is a mutual person
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Silverline Investment And Finance Private LimitedHima Sagala is a mutual person
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Shamanur Starch Private Limited
Shamanur Ganesh is a mutual person
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Mafatlal Plywood Industries Private Limited
Shamanur Ganesh is a mutual person
Charges (Loans)
₹512.41 Cr
₹453.87 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 328.35 Cr
- Others : 107.00 Cr
- Canara Bank : 61.18 Cr
- Indian Bank : 13.40 Cr
- Karnataka State Industrial Investment & Develop. Corpn. Ltd. : 1.10 Cr
- Others : 1.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2024 | Others | ₹19.00 Cr | Open |
| 11 May 2023 | Canara Bank | ₹23.00 Cr | Open |
| 30 Aug 2022 | Hdfc Bank Limited | ₹8.80 M | Open |
| 31 Dec 2021 | Canara Bank | ₹4.43 Cr | Open |
| 21 Dec 2021 | Indian Bank | ₹1.22 Cr | Open |
How Many Employees Work at Davangere Sugar Company?
Davangere Sugar Company has a workforce of 323 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Davangere Sugar Company, 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 Davangere Sugar Company'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.
