Arihant Sugar Industriess Limited

Processes and sells sugar.

2009 | Belgaum, Karnataka (India) | Active
Last Updated: October 24, 2024

Arihant Sugar Industriess Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 9.47 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 105.00 Cr
  • Satisfied Charges ₹ 94.80 Cr
  • Revenue Growth 42.38%
  • Profit Growth 101.07%
  • Ebitda 535.70%
  • Net Worth 18.57%
  • Total Assets 26.80%

About Arihant Sugar Industriess

Arihant Sugar Industriess Limited (ASIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 August 2009 and has a history of 15 years and five months. Its registered office is in Belgaum, Karnataka, India.

The Corporate was formerly known as Om Sugars Limited. 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 30.00 Cr and a paid-up capital of Rs 9.47 Cr.

The company currently has active open charges totaling ₹105.00 Cr. The company has closed loans amounting to ₹94.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Arihant Sugar Industriess Limited India is Amar Bagal as COMPANY SECRETARY. Maruti Kumbar, Abhinandan Patil, Uttam Patil, and Six other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15421KA2009PLC050600

  • Company No.

    050600

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2009

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Arihant Sugar Industriess?

Executive Team (2)

Name Designation Appointment Date Status
Abhinandan Patil Country flag representing In Managing Director 27-Aug-2018 Current
Amar Bagal Company Secretary 01-Jan-2021 Current

Board Members (8)

Name Designation Appointment Date Status
Maruti Kumbar Country flag representing In Director 11-Aug-2009 Current
Uttam Patil Country flag representing In Whole-Time Director 27-Aug-2018 Current
Vinayashree Patil Country flag representing In Director 25-Sep-2018 Current
Dhanashri Patil Country flag representing In Director 25-Sep-2018 Current
Minakshi Patil Country flag representing In Director 25-Sep-2018 Current
Komal Patil Country flag representing In Director 15-Nov-2019 Current

Financial Performance of Arihant Sugar Industriess.

Arihant Sugar Industriess Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.38% increase. The company also saw a substantial improvement in profitability, with a 101.07% increase in profit. The company's net worth Soared by an impressive increase of 18.57%.

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
42.38%
Revenue from Operations
42.34%
Total Assets
26.80%
Profit or Loss
101.07%
Net Worth
18.57%
EBITDA
535.70%

What is the Ownership and Shareholding Structure of Arihant Sugar Industriess?

In 2022, Arihant Sugar Industriess had a promoter holding of 28.84% and a public holding of 71.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹105.00 Cr

Satisfied Charges

₹94.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 60.00 Cr
  • The Belgavi District Central Co-Op. Bank Ltd. Belagavi : 45.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2023 Others ₹50.00 Cr Open
17 Dec 2020 Others ₹5.00 Cr Open
26 Apr 2017 Others ₹5.00 Cr Open
17 Nov 2015 The Belgavi District Central Co-Op. Bank Ltd. Belagavi ₹45.00 Cr Open
15 Feb 2022 Others ₹50.00 Cr Satisfied

How Many Employees Work at Arihant Sugar Industriess?

Arihant Sugar Industriess has a workforce of 287 employees as of Apr 05, 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 Arihant Sugar Industriess, 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 Arihant Sugar Industriess'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 Arihant Sugar Industriess

Recent activity within the organization

  • Annual General Meeting

    Arihant Sugar Industriess Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Arihant Sugar Industriess Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 26 Apr 2017 with Charge ID 100098545 was modified on 05 Oct 2023.

    05 Oct 2023

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 17 Feb 2023 with Charge ID 100680352 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100680352 was registered on 17 Feb 2023.

    17 Feb 2023

  • Charges

    A charge registered on 04 Feb 2015 via Charge ID 10552181 with Indian Overseas Bank was fully satisfied on 23 Jan 2023.

    23 Jan 2023

Frequently asked questions

  • Arihant Sugar Industriess Limited was incorporated on 11 Aug 2009.

  • The authorized share capital of Arihant Sugar Industriess Limited is ₹ 30.00 Cr and paid-up capital is ₹ 9.47 Cr.

  • Currently 10 directors are associated with Arihant Sugar Industriess Limited.

    • Maruti Shivappa Kumbar
    • Abhinandan Raosaheb Patil
    • Uttam Raosaheb Patil
    • Vinayashree Abhinandan Patil
    • Dhanashri Uttam Patil
    • Minakshi Raovasab Patil
    • Komal Bharatesh Patil
    • Rajiv Padmanabha Chougala
    • Digvijay Narasgonda Patil
    • Amar Rajaram Bagal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arihant Sugar Industriess Limited is Flat No. 203 Classique Heights. Cts. 4824 C/7 S. P. Office Road, Kolhapur Circle India, Belgaum, Karnataka, 590016.

  • The corporate identification number (CIN) of Arihant Sugar Industriess Limited is U15421KA2009PLC050600 and the company number is 050600 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arihant Sugar Industriess Limited is https://www.arihantsugar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arihant Sugar Industriess Limited has risen by 42.38%.

  • As Per 2023 financial reports, 287 employees are currently employed by Arihant Sugar Industriess Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arihant Sugar Industriess Limited has experienced an upsurge of 18.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Arihant Sugar Industriess Limited amount to ₹ 105.00 Cr.

  • The most recent Balance Sheet for Arihant Sugar Industriess Limited was filed with the ROC on 31 Mar 2024.

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