Mylar Sugars Limited

Manufacturer and seller of various types of sugar and sugar-related products, established in 2012.

2012 | Dharwad, Karnataka (India) | Active
Last Updated:

Mylar Sugars Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 40.22 Cr
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 800.11 Cr
  • Satisfied Charges ₹ 139.93 Cr
  • Revenue Growth -8.43%
  • Profit Growth 121.71%
  • Ebitda 127.28%
  • Net Worth 18.77%
  • Total Assets 9.91%

About Mylar Sugars

Mylar Sugars Limited (MSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 November 2012 and has a history of 12 years and five months. Its registered office is in Dharwad, 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 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 40.22 Cr.

The company currently has active open charges totaling ₹800.11 Cr. The company has closed loans amounting to ₹139.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mylar Sugars Limited India is Ramakrishna Tarikoppad as CFO. Shilpa Tarikoppada, Tharikoppada Reddy, Ramakrishna Tarikoppad, and Six other members serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15424KA2012PLC066945

  • Company No.

    066945

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture
Energy and Power
Company report

Mylar Sugars Limited

Explore comprehensive data for Mylar Sugars Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Puranikmath Gangadharayya Country flag representing In Managing Director15-Dec-2012Current
Ramakrishna Tarikoppad CFO29-Nov-2012Current

Board Members (8)

NameDesignationAppointment DateStatus
Shilpa Tarikoppada Country flag representing In Director 29-Nov-2012Current
Tharikoppada Reddy Country flag representing In Director 29-Nov-2012Current
Ramakrishna Tarikoppad Country flag representing In Whole-Time Director 29-Nov-2012Current
Mahantesh Chokuomath Country flag representing In Director 29-Nov-2012Current
Anilkumar Banjara Country flag representing In Director 05-Feb-2013Current
Anupama Puranikmath Country flag representing In Whole-Time Director 15-Jan-2015Current

Financial Performance of Mylar Sugars.

Mylar Sugars Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 8.43% decrease. The company also saw a substantial improvement in profitability, with a 121.71% increase in profit. The company's net worth Soared by an impressive increase of 18.77%.

Mylar Sugars revenue growth over time
Mylar 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
-8.43%
Revenue from Operations
-8.48%
Total Assets
9.91%
Profit or Loss
121.71%
Net Worth
18.77%
EBITDA
127.28%

What is the Ownership and Shareholding Structure of Mylar Sugars?

In 2024, Mylar Sugars had a promoter holding of 94.26% and a public holding of 5.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹800.11 Cr

Satisfied Charges

₹139.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 720.11 Cr
  • The Karnataka State Co-Operative Apex Bank Ltd : 80.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Others₹15.00 CrOpen
27 Mar 2024Others₹25.00 CrOpen
15 Jul 2023Others₹61.00 CrOpen
15 Jul 2023Others₹15.00 CrOpen
07 Jul 2023Others₹110.00 CrOpen

How Many Employees Work at Mylar Sugars?

Mylar Sugars has a workforce of 347 employees as of Apr 07, 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 Mylar Sugars Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Mylar Sugars Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mylar Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100903365 was registered on 30 Mar 2024.

  • Charges

    A charge registered on 26 Mar 2021 via Charge ID 100428393 with Others was fully satisfied on 30 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100888135 was registered on 27 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 61.00 Cr with Charge ID 100745744 was registered on 15 Jul 2023.

Frequently asked questions

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

    Mylar Sugars Limited was incorporated on 29 Nov 2012.

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

    The authorized share capital of Mylar Sugars Limited is ₹ 60.00 Cr and paid-up capital is ₹ 40.22 Cr.

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

    Currently 10 directors are associated with Mylar Sugars Limited.

    • Shilpa Ramakrishna Tarikoppada
    • Tharikoppada Narayana Reddy
    • Ramakrishna Venkareddy Tarikoppad
    • Mahantesh Rajasekharayya Chokuomath
    • Puranikmath Udyakumar Gangadharayya
    • Anilkumar Bhagyanaik Banjara
    • Anupama Udaykumar Puranikmath
    • Anand Suresh Karajagi
    • Kanthesh Parameshawarappa Kareddy
    • Ramakrishna Venkareddy Tarikoppad

  • What is the registered address of Mylar Sugars Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mylar Sugars Limited is 6 Laxmi Park Behind New Bus Stand, India, Hubli, Karnataka, 580030.

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

    The corporate identification number (CIN) of Mylar Sugars Limited is U15424KA2012PLC066945 and the company number is 066945 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mylar Sugars Limited?

    The Official website of Mylar Sugars Limited is https://www.mylarsugars.com

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

    According to the financial reports for the fiscal year 2024, the revenue trend for Mylar Sugars Limited has fallen by -8.43%.

  • How many employees does Mylar Sugars Limited currently have?

    As Per 2024 financial reports, 347 employees are currently employed by Mylar Sugars Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Mylar Sugars Limited has experienced an upsurge of 18.77%.

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

    As per the financial statements for fiscal Year 2024, The total open charges for Mylar Sugars Limited amount to ₹ 800.11 Cr.

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

    The most recent Balance Sheet for Mylar Sugars Limited was filed with the ROC on 31 Mar 2024.

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