Harsha Sugars Limited

Produces sugar and related products.

2014 | Belagavi, Karnataka (India) | Active
Last Updated:

Harsha Sugars Profile

Key Indicators

  • Authorised Capital ₹ 85.00 Cr
  • Paid Up Capital ₹ 72.74 Cr
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 342.48 Cr
  • Revenue Growth 28.60%
  • Profit Growth -1.99%
  • Ebitda -2.02%
  • Net Worth -310.86%
  • Total Assets -8.55%

About Harsha Sugars

Harsha Sugars Limited (HSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 August 2014 and has a history of Ten years and seven months. Its registered office is in Belagavi, Karnataka, India.

The Corporate was formerly known as Harsha Sugars Private Limited. 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 85.00 Cr and a paid-up capital of Rs 72.74 Cr.

The company currently has active open charges totaling ₹342.48 Cr.

The Key Managerial Personnel (KMP) at Harsha Sugars Limited India are Raja Karadi as CFO and Rahul Rungta as Company Secretary. Mahesh Suganennavar, Siddappa Champagon, Mrinal Hebbalkar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Belagavi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15122KA2014PLC075717

  • Company No.

    075717

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 2014

  • 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 Harsha Sugars?

Executive Team (3)

NameDesignationAppointment DateStatus
Raja Karadi Country flag representing In CFO10-Aug-2018Current
Rahul Rungta Country flag representing In Company Secretary01-Jun-2019Current
Channaraj Basavaraj Country flag representing In Managing Director08-Aug-2014Current

Board Members (4)

NameDesignationAppointment DateStatus
Mahesh Suganennavar Country flag representing In Director 10-Aug-2018Current
Siddappa Champagon Country flag representing In Director 10-Aug-2018Current
Mrinal Hebbalkar Country flag representing In Director 03-Jan-2018Current
Laxmi Hebbalkar Country flag representing In Director 08-Aug-2014Current

Financial Performance of Harsha Sugars.

Harsha Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.6% increase. The company also saw a slight decrease in profitability, with a 1.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 310.86%.

Harsha Sugars revenue growth over time
Harsha Sugars 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
28.60%
Revenue from Operations
28.23%
Total Assets
-8.55%
Profit or Loss
-1.99%
Net Worth
-310.86%
EBITDA
-2.02%

What is the Ownership and Shareholding Structure of Harsha Sugars?

In 2023, Harsha Sugars had a promoter holding of 94.96% and a public holding of 5.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹342.48 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 341.84 Cr
  • Canara Bank : 0.64 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2024Others₹45.00 CrOpen
29 Dec 2023Canara Bank₹6.40 MOpen
13 Apr 2023Others₹10.00 CrOpen
23 Mar 2022Others₹25.00 CrOpen
11 Jun 2021Others₹11.50 CrOpen

How Many Employees Work at Harsha Sugars?

Harsha Sugars has a workforce of 341 employees as of Apr 06, 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 Harsha Sugars Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Harsha 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 Harsha 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 Harsha Sugars

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100881502 was registered on 15 Mar 2024.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.64 Cr with Charge ID 100852669 was registered on 29 Dec 2023.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100709589 was registered on 13 Apr 2023.

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100550054 was registered on 23 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Harsha Sugars Limited?

    Harsha Sugars Limited was incorporated on 08 Aug 2014.

  • What is authorized share capital and paid-up capital of Harsha Sugars Limited?

    The authorized share capital of Harsha Sugars Limited is ₹ 85.00 Cr and paid-up capital is ₹ 72.74 Cr.

  • Who are the current board members & directors of Harsha Sugars Limited?

    Currently 7 directors are associated with Harsha Sugars Limited.

    • Raja Mallappa Karadi
    • Rahul Rungta
    • Mahesh Babu Suganennavar
    • Siddappa Annappa Champagon
    • Mrinal Hebbalkar
    • Channaraj Hattiholi Basavaraj
    • Laxmi Ravindra Hebbalkar

  • What is the registered address of Harsha Sugars Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Harsha Sugars Limited is Plot No.16 Rs No. 2296 Hanuman Nagar, Belagavi, Karnataka, India, 590019.

  • What is the corporate identification number (CIN) and company number of Harsha Sugars Limited?

    The corporate identification number (CIN) of Harsha Sugars Limited is U15122KA2014PLC075717 and the company number is 075717 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Harsha Sugars Limited?

    The Official website of Harsha Sugars Limited is https://www.harshasugars.com

  • What has been the recent revenue trend for Harsha Sugars Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Harsha Sugars Limited has risen by 28.60%.

  • How many employees does Harsha Sugars Limited currently have?

    As Per 2023 financial reports, 341 employees are currently employed by Harsha Sugars Limited.

  • What change has been observed in the net worth of Harsha Sugars Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Harsha Sugars Limited has experienced an downturn of -310.86%.

  • What are the total open charges for Harsha Sugars Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Harsha Sugars Limited amount to ₹ 342.48 Cr.

  • When was the last Balance Sheet of Harsha Sugars Limited filed with the ROC?

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

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