Gem Sugars Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 45.00 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 604.21 Cr
- Satisfied Charges ₹ 380.26 Cr
- Revenue Growth 25.50%
- Profit Growth 16.47%
- Ebitda -5.28%
- Net Worth 6.22%
- Total Assets 24.74%
About Gem Sugars
Gem Sugars Limited (GSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 March 1995 and has a history of 29 years and ten months. Its registered office is in Na, Karnataka.
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 75.00 Cr and a paid-up capital of Rs 45.00 Cr.
The company currently has active open charges totaling ₹604.21 Cr. The company has closed loans amounting to ₹380.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gem Sugars Limited India are Marimuthu Kasiviswanathan as CFO and Sundaresan Srinivasan as Company Secretary. Jawaherlal Doddannavar, Sekar Rangaswamy, Praveen Doddanavar, and Four other members serve as directors at the Company.
Company Details
-
LocationNa, Karnataka
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U85110KA1995PLC017324
-
Company No.
017324
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
06 Mar 1995
-
Date of AGM
27 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Gem Sugars?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sekar Rangaswamy
|
Managing Director | 06-Mar-1995 | Current |
| Marimuthu Kasiviswanathan | CFO | 30-Mar-2016 | Current |
| Sundaresan Srinivasan | Company Secretary | 06-Oct-2008 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Praveen Doddanavar
|
Director | 11-Dec-2006 | Current |
|
Jawaherlal Doddannavar
|
Whole-Time Director | 01-Jan-2006 | Current |
|
Ramanagouda Patil
|
Director | 30-Mar-2005 | Current |
|
Ramesh Doddanavar
|
Director | 27-Dec-2007 | Current |
|
Lata Prasad
|
Director | 16-Aug-2017 | Current |
|
Basavaraj Khot
|
Director | 18-Jul-2024 | Current |
Financial Performance of Gem Sugars.
Gem Sugars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.5% increase. The company also saw a substantial improvement in profitability, with a 16.47% increase in profit. The company's net worth moved up by a moderate rise of 6.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Gem Sugars?
In 2022, Gem Sugars had a promoter holding of 63.14% and a public holding of 36.86%. 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)
-
Shiraguppi Sugar Works LimitedPraveen Doddanavar and Ramesh Doddanavar are mutual person
-
Gem Granites Private LimitedSekar Rangaswamy is a mutual person
-
Banashankari Sugars Private LimitedJawaherlal Doddannavar and Sekar Rangaswamy are mutual person
-
Deccan Medical Centre Private LimitedRamesh Doddanavar is a mutual person
-
Db Renews Private LimitedPraveen Doddanavar and Ramesh Doddanavar are mutual person
-
Tris Mining Private LimitedPraveen Doddanavar is a mutual person
Charges (Loans)
₹604.21 Cr
₹380.26 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 301.51 Cr
- State Bank Of India : 105.58 Cr
- Others : 93.74 Cr
- Bank Of India : 83.00 Cr
- Indian Bank : 20.00 Cr
- Others : 0.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2024 | Bank Of India | ₹40.00 Cr | Open |
| 17 Oct 2024 | Others | ₹6.00 Cr | Open |
| 30 Mar 2024 | Others | ₹6.00 Cr | Open |
| 01 Jul 2022 | Others | ₹36.00 Cr | Open |
| 30 Sep 2021 | Indian Overseas Bank | ₹6.63 Cr | Open |
How Many Employees Work at Gem Sugars?
Gem Sugars has a workforce of 181 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 Gem 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 Gem 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.
