Gokak Sugars Limited

Sugar manufacturing company with integrated cane crushing plant and co-generation unit.

2000 | Belgaum, Karnataka (India) | Active
Last Updated: October 23, 2024

Gokak Sugars Profile

Key Indicators

  • Authorised Capital ₹ 36.00 Cr
  • Paid Up Capital ₹ 35.17 Cr
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 65.63 Cr
  • Satisfied Charges ₹ 138.70 Cr
  • Revenue Growth -13.44%
  • Profit Growth -83.46%
  • Ebitda -17.60%
  • Net Worth 34.05%
  • Total Assets -9.94%

About Gokak Sugars

Gokak Sugars Limited (GSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 February 2000 and has a history of 24 years and 11 months. Its registered office is in Belgaum, 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 2023. It's a company limited by shares with an authorized capital of Rs 36.00 Cr and a paid-up capital of Rs 35.17 Cr.

The company currently has active open charges totaling ₹65.63 Cr. The company has closed loans amounting to ₹138.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gokak Sugars Limited India are Sunil Ranka as CFO and Deepak Manerikar as Company Secretary. Bharat Mehta, Shripad Nerlikar, Madhu Rao, and Two other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15429KA2000PLC026433

  • Company No.

    026433

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

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

Executive Team (2)

NameDesignationAppointment DateStatus
Sunil Ranka Country flag representing In CFO25-May-2018Current
Deepak Manerikar Country flag representing In Company Secretary18-Mar-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Vijendra Singh Country flag representing In Whole-Time Director 19-Jul-2011Current
Bharat Mehta Country flag representing In Director 25-May-2018Current
Shripad Nerlikar Country flag representing In Director 07-Jan-2012Current
Madhu Rao Country flag representing In Director 18-Mar-2019Current
Priyanka Mallick Country flag representing In Director 01-Dec-2022Current

Financial Performance of Gokak Sugars.

Gokak Sugars Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.44% decrease. The company also saw a substantial fall in profitability, with a 83.46% decrease in profit. The company's net worth Soared by an impressive increase of 34.05%.

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
-13.44%
Revenue from Operations
-13.39%
Total Assets
-9.94%
Profit or Loss
-83.46%
Net Worth
34.05%
EBITDA
-17.60%

What is the Ownership and Shareholding Structure of Gokak Sugars?

In 2023, Gokak Sugars had a promoter holding of 93.64% and a public holding of 6.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.63 Cr

Satisfied Charges

₹138.70 Cr

Charges Breakdown by Lending Institutions

  • Indian Renewable Energy Development Agency Limited : 65.63 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2013Indian Renewable Energy Development Agency Limited₹65.63 CrOpen
17 Jan 2018Others₹25.00 CrSatisfied
28 Nov 2017Others₹25.00 CrSatisfied
24 Jan 2012The Ratnakar Bank Limited₹20.00 CrSatisfied
24 Jan 2012Others₹26.00 CrSatisfied

How Many Employees Work at Gokak Sugars?

Gokak Sugars has a workforce of 196 employees as of Mar 29, 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 Gokak 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 Gokak 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 Gokak Sugars

Recent activity within the organization

  • Annual General Meeting

    Gokak Sugars Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Gokak Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Priyanka Ashit Mallick was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 2 months .

    01 Dec 2022

  • Charges

    A charge registered on 24 Jan 2012 via Charge ID 10339860 with The Ratnakar Bank Limited was fully satisfied on 02 Dec 2020.

    02 Dec 2020

  • Charges

    A charge registered on 24 Jan 2012 via Charge ID 10339864 with Others was fully satisfied on 02 Dec 2020.

    02 Dec 2020

  • Director Appointment

    Madhu Ramachandra Rao was appointed as a Director was appointed as a Director on 18 Mar 2019 & has been associated with this company since 5 years 10 months .

    18 Mar 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Gokak Sugars Limited was incorporated on 22 Feb 2000.

  • The authorized share capital of Gokak Sugars Limited is ₹ 36.00 Cr and paid-up capital is ₹ 35.17 Cr.

  • Currently 7 directors are associated with Gokak Sugars Limited.

    • Bharat Vallabhdas Mehta
    • Shripad Rajaram Nerlikar
    • Madhu Ramachandra Rao
    • Vijendra Singh
    • Priyanka Ashit Mallick
    • Sunil Ratanlal Ranka
    • Deepak Madhav Manerikar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gokak Sugars Limited is 2Nd And 3Rd Floor Kanakashree Arcade Cts No. 10634 Jnmc Road Neharu Nagar Belagavi, India, Belgaum, Karnataka, 590010.

  • The corporate identification number (CIN) of Gokak Sugars Limited is U15429KA2000PLC026433 and the company number is 026433 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gokak Sugars Limited is https://www.renukasugars.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gokak Sugars Limited has fallen by -13.44%.

  • As Per 2023 financial reports, 196 employees are currently employed by Gokak Sugars Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gokak Sugars Limited has experienced an upsurge of 34.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gokak Sugars Limited amount to ₹ 65.63 Cr.

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

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