Mylar Sugars Limited logo

Mylar Sugars Limited

Manufacturer and seller of various types of sugar and sugar-related products, established in 2012.
2012 | Hubli, Karnataka (India) | Active

Last Updated:

July 03, 2024
HomeCompanyMylar Sugars Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ramakrishna TarikoppadCFO28-Mar-2022Current
Puranikmath Gangadharayya InManaging Director15-Dec-2012Current

Board Members(7)

NameDesignationAppointment DateStatus
Kanthesh Kareddy In Director 24-Aug-2021Current
Anand Karajagi In Director 24-Aug-2021Current
Anupama Puranikmath In Whole-Time Director 15-Jan-2015Current
Anilkumar Banjara In Director 05-Feb-2013Current
Mahantesh Chokuomath In Director 29-Nov-2012Current
Tharikoppada Reddy In Director 29-Nov-2012Current

Financial Performance and Corporate Structure Insights of Mylar Sugars.

Mylar Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.79% increase. The company also saw a substantial fall in profitability, with a 58.58% decrease in profit. The company's net worth moved up by a moderate rise of 9.25%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
76.79%
Revenue from Operations
75.82%
Total Assets
-1.04%
Profit or Loss
-58.58%
Net Worth
9.25%
EBITDA
-18.69%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹800.11 Cr

₹139.93 Cr

LenderAmountStatus

Others

Creation Date: 30 Mar 2024
₹15.00 CrOpen

Others

Creation Date: 27 Mar 2024
₹25.00 CrOpen

Others

Creation Date: 15 Jul 2023
₹61.00 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.

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Latest Updates, News, and FAQs on Mylar Sugars

Recent activity within the organization

  • Charges

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

    30 Mar 2024

  • Charges

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

    30 Mar 2024

  • Charges

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

    27 Mar 2024

  • Annual General Meeting

    Mylar Sugars Limited last Annual general meeting of members was held on 27 Oct 2023 as per latest MCA records.

    27 Oct 2023

  • Charges

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

    15 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100745763 was registered on 15 Jul 2023.

    15 Jul 2023

Frequently asked questions

  • Mylar Sugars Limited was incorporated on 29 Nov 2012.

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

  • Currently 10 directors are associated with Mylar Sugars Limited.

    • Ramakrishna Venkareddy Tarikoppad
    • Kanthesh Parameshawarappa Kareddy
    • Anand Suresh Karajagi
    • Anupama Udaykumar Puranikmath
    • Anilkumar Bhagyanaik Banjara
    • Puranikmath Udyakumar Gangadharayya
    • Mahantesh Rajasekharayya Chokuomath
    • Tharikoppada Narayana Reddy
    • Ramakrishna Venkareddy Tarikoppad
    • Shilpa Ramakrishna Tarikoppada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mylar Sugars Limited is # 6 Laxmi Park Behind New Bus Stand, Hubli, Karnataka, India, 580030.

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

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mylar Sugars Limited has risen by 76.79%.

  • As Per 2023 financial reports, 347 employees are currently employed by Mylar Sugars Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mylar Sugars Limited has experienced an upsurge of 9.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mylar Sugars Limited amount to ₹ 800.11 Cr.

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

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