Harinagar Sugar Mills Limited

Produces sugar, alcohol, ethanol, and power in Bihar with increasing capacity and facilities.

1933 | Mumbai, Maharashtra (India) | Active
Last Updated:

Harinagar Sugar Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.60 M
  • Company Age 92 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 726.94 Cr
  • Satisfied Charges ₹ 320.83 Cr
  • Revenue Growth 28.57%
  • Profit Growth 1.06%
  • Ebitda 19.66%
  • Net Worth 3.03%
  • Total Assets 3.69%

About Harinagar Sugar Mills

Harinagar Sugar Mills Limited (HSML) was founded in India on 03 January 1933 and has a glorious history of 92 years and two months. Its registered office is in Mumbai, Maharashtra, 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 1.00 Cr and a paid-up capital of Rs 9.60 M.

The company currently has active open charges totaling ₹726.94 Cr. The company has closed loans amounting to ₹320.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sulochana Pittie, Subbarao Tadimeti, Satya Poddar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15420MH1933PLC001918

  • Company No.

    001918

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 1933

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture
Environment
Food and Beverages

What products or services does Harinagar Sugar Mills Limited offer?

Harinagar Sugar Mills Limited offers a wide range of products and services, including Cereals & Food Grains, Sugar, Sugar Crystal.

Who are the key members and board of directors at Harinagar Sugar Mills?

Board Members (7)

NameDesignationAppointment DateStatus
Sulochana Pittie Country flag representing In Whole-Time Director 26-May-2018Current
Subbarao Tadimeti Country flag representing In Director 01-Jul-2024Current
Satya Poddar Country flag representing In Director 13-Nov-2020Current
Krishna Singh Director 01-Jul-2024Current
Ajaykumar Sharma Country flag representing In Director 01-Oct-2024Current
Damyanti Pittie Country flag representing In Whole-Time Director 26-Aug-2011Current

Financial Performance of Harinagar Sugar Mills.

Harinagar Sugar Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.57% increase. The company also saw a slight improvement in profitability, with a 1.06% increase in profit. The company's net worth moved up by a moderate rise of 3.03%.

Harinagar Sugar Mills revenue growth over time
Harinagar Sugar Mills 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
28.57%
Revenue from Operations
28.09%
Total Assets
3.69%
Profit or Loss
1.06%
Net Worth
3.03%
EBITDA
19.66%

What is the Ownership and Shareholding Structure of Harinagar Sugar Mills?

In 2023, Harinagar Sugar Mills had a promoter holding of 85.41% and a public holding of 14.59%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹726.94 Cr

Satisfied Charges

₹320.83 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 588.22 Cr
  • Others : 82.60 Cr
  • Hdfc Bank Limited : 56.12 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Others₹70.20 CrOpen
26 Jul 2024Others₹12.40 CrOpen
26 Mar 2024Hdfc Bank Limited₹21.00 CrOpen
12 Jun 2023Hdfc Bank Limited₹34.00 CrOpen
25 May 2023Hdfc Bank Limited₹4.57 MOpen

How Many Employees Work at Harinagar Sugar Mills?

Harinagar Sugar Mills has a workforce of 1392 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.

Employee growth trends for Harinagar Sugar Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Harinagar Sugar Mills, 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 Harinagar Sugar Mills'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 Harinagar Sugar Mills

Recent activity within the organization

  • Director Appointment

    Ajaykumar Malchand Sharma was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 5 months 10 days .

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 70.20 Cr with Charge ID 100959060 was registered on 26 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 12.40 Cr with Charge ID 100959405 was registered on 26 Jul 2024.

  • Director Appointment

    Subbarao Tadimeti was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 8 months 10 days .

  • Director Appointment

    Krishna Pratap Singh was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 8 months 10 days .

Frequently asked questions

  • What is the Incorporation or founding date of Harinagar Sugar Mills Limited?

    Harinagar Sugar Mills Limited was incorporated on 03 Jan 1933.

  • What is authorized share capital and paid-up capital of Harinagar Sugar Mills Limited?

    The authorized share capital of Harinagar Sugar Mills Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.60 M.

  • Who are the current board members & directors of Harinagar Sugar Mills Limited?

    Currently 7 directors are associated with Harinagar Sugar Mills Limited.

    • Sulochana Madhavlal Pittie
    • Subbarao Tadimeti
    • Satya Narayan Poddar
    • Krishna Pratap Singh
    • Ajaykumar Malchand Sharma
    • Damyanti Madhusudanlal Pittie
    • Vivek Madhavlal Pittie

  • What is the registered address of Harinagar Sugar Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Harinagar Sugar Mills Limited is World Trade Centre Centre No.1 10Th Floor Cuffe Parade, India, Mumbai, Maharashtra, 400005.

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

    The corporate identification number (CIN) of Harinagar Sugar Mills Limited is U15420MH1933PLC001918 and the company number is 001918 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Harinagar Sugar Mills Limited?

    The Official website of Harinagar Sugar Mills Limited is https://www.harinagar.co.in

  • What has been the recent revenue trend for Harinagar Sugar Mills Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Harinagar Sugar Mills Limited has risen by 28.57%.

  • How many employees does Harinagar Sugar Mills Limited currently have?

    As Per 2023 financial reports, 1392 employees are currently employed by Harinagar Sugar Mills Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Harinagar Sugar Mills Limited has experienced an upsurge of 3.03%.

  • What are the total open charges for Harinagar Sugar Mills Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Harinagar Sugar Mills Limited amount to ₹ 726.94 Cr.

  • When was the last Balance Sheet of Harinagar Sugar Mills Limited filed with the ROC?

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

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