Matoshri Laxmi Sugar Co-Generation Industries Limited

Operates a sugar plant with co-generation unit in Maharashtra.

2008 | Solapur, Maharashtra (India) | Active
Last Updated: December 29, 2024

Matoshri Laxmi Sugar Co-Generation Industries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 47.00 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 336.58 Cr
  • Satisfied Charges ₹ 76.40 Cr
  • Revenue Growth 29.34%
  • Profit Growth 2.88%
  • Ebitda 159.49%
  • Net Worth -1161.48%
  • Total Assets -0.85%

About Matoshri Laxmi Sugar Co-Generation Industries

Matoshri Laxmi Sugar Co-Generation Industries Limited (MLSCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 2008 and has a history of 16 years and eight months. Its registered office is in Solapur, 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 2022. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 47.00 Cr.

The company currently has active open charges totaling ₹336.58 Cr. The company has closed loans amounting to ₹76.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Matoshri Laxmi Sugar Co-Generation Industries Limited India is Balasaheb Kute as CFO. Gokul Shinde, Gulabsaheb Khairat, and Shivraj Mhetre serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15424PN2008PLC133527

  • Company No.

    133527

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 2008

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

Who are the key members and board of directors at Matoshri Laxmi Sugar Co-Generation Industries?

Executive Team (2)

Name Designation Appointment Date Status
Balasaheb Kute CFO 02-Jun-2023 Current
Shivraj Mhetre Country flag representing In Managing Director 11-Jun-2009 Current

Board Members (2)

Name Designation Appointment Date Status
Gokul Shinde Country flag representing In Director 09-May-2008 Current
Gulabsaheb Khairat Additional Director 28-Aug-2024 Current

Financial Performance of Matoshri Laxmi Sugar Co-Generation Industries.

Matoshri Laxmi Sugar Co-Generation Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.34% increase. The company also saw a slight improvement in profitability, with a 2.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 1161.48%.

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
29.34%
Revenue from Operations
29.46%
Total Assets
-0.85%
Profit or Loss
2.88%
Net Worth
-1161.48%
EBITDA
159.49%

What is the Ownership and Shareholding Structure of Matoshri Laxmi Sugar Co-Generation Industries?

In 2022, Matoshri Laxmi Sugar Co-Generation Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹336.58 Cr

Satisfied Charges

₹76.40 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 190.50 Cr
  • Union Bank Of India : 75.00 Cr
  • Others : 39.08 Cr
  • Karnataka Bank Ltd. : 32.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2021 Others ₹8.00 Cr Open
28 Jun 2016 Others ₹6.08 Cr Open
02 Dec 2015 Union Bank Of India ₹50.00 Cr Open
27 Oct 2015 Punjab National Bank ₹9.10 Cr Open
21 Sep 2015 Punjab National Bank ₹30.00 Cr Open

How Many Employees Work at Matoshri Laxmi Sugar Co-Generation Industries?

Matoshri Laxmi Sugar Co-Generation Industries has a workforce of 185 employees as of Apr 08, 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 Matoshri Laxmi Sugar Co-Generation Industries, 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 Matoshri Laxmi Sugar Co-Generation Industries'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 Matoshri Laxmi Sugar Co-Generation Industries

Recent activity within the organization

  • Director Appointment

    Gulabsaheb Mehboobsaheb Khairat was appointed as a Additional Director was appointed as a Additional Director on 28 Aug 2024 & has been associated with this company since 5 months 10 days .

    28 Aug 2024

  • Director Appointment

    Balasaheb Baburao Kute was appointed as a Cfo was appointed as a Cfo on 02 Jun 2023 & has been associated with this company since 1 year 8 months .

    02 Jun 2023

  • Annual General Meeting

    Matoshri Laxmi Sugar Co-Generation Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Matoshri Laxmi Sugar Co-Generation Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100488656 was registered on 17 Oct 2021.

    17 Oct 2021

  • Charges

    A charge registered on 14 Aug 2020 via Charge ID 100361263 with Others was fully satisfied on 10 Aug 2021.

    10 Aug 2021

Frequently asked questions

  • Matoshri Laxmi Sugar Co-Generation Industries Limited was incorporated on 09 May 2008.

  • The authorized share capital of Matoshri Laxmi Sugar Co-Generation Industries Limited is ₹ 50.00 Cr and paid-up capital is ₹ 47.00 Cr.

  • Currently 4 directors are associated with Matoshri Laxmi Sugar Co-Generation Industries Limited.

    • Gokul Dattatraya Shinde
    • Gulabsaheb Mehboobsaheb Khairat
    • Balasaheb Baburao Kute
    • Shivraj Siddharam Mhetre
  • As per Ministry of Corporate Affairs (Mca), the registered address of Matoshri Laxmi Sugar Co-Generation Industries Limited is Satling Nagar At - Ruddewadi Post Dhudhani Taluka, Dist Solapur India, Akkalkot, Maharashtra, 413220.

  • The corporate identification number (CIN) of Matoshri Laxmi Sugar Co-Generation Industries Limited is U15424PN2008PLC133527 and the company number is 133527 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Matoshri Laxmi Sugar Co-Generation Industries Limited has risen by 29.34%.

  • As Per 2022 financial reports, 185 employees are currently employed by Matoshri Laxmi Sugar Co-Generation Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Matoshri Laxmi Sugar Co-Generation Industries Limited has experienced an downturn of -1161.48%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Matoshri Laxmi Sugar Co-Generation Industries Limited amount to ₹ 336.58 Cr.

  • The most recent Balance Sheet for Matoshri Laxmi Sugar Co-Generation Industries Limited was filed with the ROC on 31 Mar 2022.

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