What is the Incorporation or founding date of Nirani Sugars Limited?

Nirani Sugars Limited was incorporated on 06 Dec 1995.

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

The authorized share capital of Nirani Sugars Limited is ₹ 2000000000.0 and paid-up capital is ₹ 1875719800.0.

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

Currently 7 directors are associated with Nirani Sugars Limited. Bhagawandas Mukundas Jaju, Kamala Murigeppa Nirani And 5 More.

What is the registered address of Nirani Sugars Limited?

As per Ministry of Corporate Affairs (Mca), the registered address of Nirani Sugars Limited is Kulali Cross Jamkhandi Mudhol Dist.Bagalkot. Mudhol, Kartaka India, Na, Karnataka.

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

The corporate identification number (CIN) of Nirani Sugars Limited is U15421KA1995PLC019340 and the company number is 019340 as per Ministry of Corporate Affairs (MCA).

What is the official website of Nirani Sugars Limited?

The Official website of Nirani Sugars Limited is https://www.niranigroups.com .

What has been the recent revenue trend for Nirani Sugars Limited?

According to the financial reports for the fiscal year 2022, the revenue trend for Nirani Sugars Limited has risen by 41.24%.

How many employees does Nirani Sugars Limited currently have?

As Per 2022 financial reports, 985 employees are currently employed by Nirani Sugars Limited.

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

The financial reports for the fiscal year 2022 indicates that The net worth of Nirani Sugars Limited has experienced an upsurge of 6.23%.

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

The most recent Balance Sheet for Nirani Sugars Limited was filed with the ROC on 31 Mar 2022.

Nirani Sugars Limited | Company Details

Nirani Sugars Profile

Key Indicators

Authorised Capital ₹ 200.00 Cr as on 17-01-2025
Paid Up Capital ₹ 187.57 Cr as on 17-01-2025
Company Age 29 Year, 1 Month
Last Filing with ROC 31 Mar 2022
Satisfied Charges ₹ 1,742.47 Cr as on 17-01-2025
Revenue Growth 41.24% (FY 2022)
Profit Growth 87.55% (FY 2022)
Ebitda 3.35% (FY 2022)
Net Worth 6.23% (FY 2022)
Total Assets 14.78% (FY 2022)

About Nirani Sugars

Nirani Sugars Limited (NSL) is Amalgamated company established on 06 Dec 1995 with its office registered at and has been running since 29 Year, 1 Month with a paid up capital of 187.57 Cr. According to MCA records, 5 Directors and 2 Signatories are linked to this company as of 17 Jan 2025.

Company Details

Location
Na, Karnataka
Telephone
+91-XXXXXXXXXX
Email Address
Website
niranigroups.com
Social Media

Corporate Identity Details

CIN/LLPIN
U15421KA1995PLC019340
Company No.
019340
Company Classification
Public Limited Indian Non-Government Company
Incorporation Date
06 Dec 1995
Date of AGM
30 Sep 2022
Date of Balance Sheet
31 Mar 2022
Listing Status
Unlisted
ROC Code
Roc Bangalore

Industry

Agriculture

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

Executive Team (3)

Name	Designation	Appointment Date	Status
Vijay Nirani	Managing Director	25-Jan-2016	Current
Vikram Kakade	CFO	01-Feb-2020	Current
Manali Velangi	Company Secretary	07-Oct-2023	Current

Board Members (4)

Name	Designation	Appointment Date	Status
Venkatachalam Balasubramanian	Nominee Director	18-May-2007	Current
Bhagawandas Jaju	Director	01-Mar-2016	Current
Mallikarjun Dyaberi	Director	15-Mar-2016	Current
Kamala Nirani	Director	20-Jun-2005	Current

Financial Performance of Nirani Sugars.

Nirani Sugars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.24% increase. The company also saw a substantial improvement in profitability, with a 87.55% increase in profit. The company's net worth moved up by a moderate rise of 6.23%.

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

41.24%

Revenue from Operations

40.91%

Total Assets

14.78%

Profit or Loss

87.55%

Net Worth

6.23%

EBITDA

3.35%

What is the Ownership and Shareholding Structure of Nirani Sugars?

In 2022, Nirani Sugars had a promoter holding of 6.13% and a public holding of 93.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,742.47 Cr

Charges Breakdown by Lending Institutions

Bank Of India : 927.78 Cr
Others : 409.06 Cr
Idbi Bank Limited : 120.00 Cr
Indian Renewable Energy Development Agency Limited : 109.80 Cr
The Karnataka State Cooperative Apex Bank Limited : 65.33 Cr
Others : 110.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Mar 2022	Others	₹232.66 Cr	Satisfied
07 Oct 2020	Others	₹176.40 Cr	Satisfied
30 Aug 2019	Bank Of India	₹116.00 Cr	Satisfied
25 Jul 2019	Bank Of India	₹40.00 Cr	Satisfied
28 Sep 2018	Idbi Bank Limited	₹40.00 Cr	Satisfied

How Many Employees Work at Nirani Sugars?

Nirani Sugars has a workforce of 985 employees as of Aug 17, 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

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nirani 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 Nirani 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.

Nirani Sugars Limited