Mylar Sugars Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 40.22 Cr
- Company Age 12 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 800.11 Cr
- Satisfied Charges ₹ 139.93 Cr
- Revenue Growth 76.79%
- Profit Growth -58.58%
- Ebitda -18.69%
- Net Worth 9.25%
- Total Assets -1.04%
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 two months. Its registered office is in Hubli, 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 2023. 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. Kanthesh Kareddy, Anand Karajagi, Anupama Puranikmath, and Six other members serve as directors at the Company.
Company Details
- Location
Hubli, 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
27 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Mylar Sugars?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakrishna Tarikoppad | CFO | 28-Mar-2022 | Current |
Puranikmath Gangadharayya  | Managing Director | 15-Dec-2012 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanthesh Kareddy | Director | 24-Aug-2021 | Current |
| Anand Karajagi | Director | 24-Aug-2021 | Current |
| Anupama Puranikmath | Whole-Time Director | 15-Jan-2015 | Current |
| Anilkumar Banjara | Director | 05-Feb-2013 | Current |
| Mahantesh Chokuomath | Director | 29-Nov-2012 | Current |
| Tharikoppada Reddy | Director | 29-Nov-2012 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mylar Sugars?
In 2023, Mylar Sugars had a promoter holding of 97.99% and a public holding of 2.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mylar Infra Private LimitedAnupama Puranikmath, Puranikmath Gangadharayya and 2 more are mutual person
- Ukem Agre Infra Limited
Anupama Puranikmath and Puranikmath Gangadharayya are mutual person
- Yuvrajcorporation Llp
Puranikmath Gangadharayya is a mutual person
Charges (Loans)
₹800.11 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹15.00 Cr | Open |
| 27 Mar 2024 | Others | ₹25.00 Cr | Open |
| 15 Jul 2023 | Others | ₹61.00 Cr | Open |
| 15 Jul 2023 | Others | ₹15.00 Cr | Open |
| 07 Jul 2023 | Others | ₹110.00 Cr | Open |
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.
Deals i
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
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
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.
