Parry Sugars Refinery India Private Limited

Sugar refinery with 2,000 TPD capacity and 35MW power plant, exports globally.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 13, 2025

Parry Sugars Refinery India Profile

Key Indicators

  • Authorised Capital ₹ 420.00 Cr
  • Paid Up Capital ₹ 345.59 Cr
  • Company Age 19 Year, 18 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,005.00 Cr
  • Satisfied Charges ₹ 2,412.34 Cr
  • Revenue Growth 42.44%
  • Profit Growth 78.73%
  • Ebitda 280.84%
  • Net Worth -174.90%
  • Total Assets -32.94%

About Parry Sugars Refinery India

Parry Sugars Refinery India Private Limited (PSRIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 2006 and has a history of 19 years. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Silkroad Sugar Private 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 420.00 Cr and a paid-up capital of Rs 345.59 Cr.

The company currently has active open charges totaling ₹3,005.00 Cr. The company has closed loans amounting to ₹2,412.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parry Sugars Refinery India Private Limited India are Vasudevan Seshadri as CFO and Valasamuthu Padmanaban as Company Secretary. Padmanabhan Nagarajan, Murugappan Venkatachalam, Suresh Kannan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15421TN2006PTC058579

  • Company No.

    058579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2006

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Agriculture

Who are the key members and board of directors at Parry Sugars Refinery India?

Executive Team (3)

NameDesignationAppointment DateStatus
Srinivasan Suresh Country flag representing In Managing Director28-Oct-2014Current
Vasudevan Seshadri Country flag representing In CFO17-May-2023Current
Valasamuthu Padmanaban Country flag representing In Company Secretary20-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Suresh Kannan Country flag representing In Whole-Time Director 11-May-2017Current
Padmanabhan Nagarajan Country flag representing In Director 30-Mar-2015Current
Murugappan Venkatachalam Country flag representing In Director 05-Oct-2021Current
Adepalli Sridhar Country flag representing In Director 28-Aug-2021Current
Lalitha Balakrishnan Country flag representing In Director 30-Mar-2015Current

Financial Performance of Parry Sugars Refinery India.

Parry Sugars Refinery India Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 42.44% increase. The company also saw a substantial improvement in profitability, with a 78.73% increase in profit. The company's net worth observed a substantial decline by a decrease of 174.9%.

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
42.44%
Revenue from Operations
40.09%
Total Assets
-32.94%
Profit or Loss
78.73%
Net Worth
-174.90%
EBITDA
280.84%

What is the Ownership and Shareholding Structure of Parry Sugars Refinery India?

In 2021, Parry Sugars Refinery India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,005.00 Cr

Satisfied Charges

₹2,412.34 Cr

Charges Breakdown by Lending Institutions

  • Others : 1260.00 Cr
  • State Bank Of India : 650.00 Cr
  • Axis Bank Limited : 575.00 Cr
  • Yes Bank Limited : 450.00 Cr
  • The South Indian Bank Limited : 70.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Feb 2020Others₹660.00 CrOpen
07 Jan 2020The South Indian Bank Limited₹70.00 CrOpen
14 Oct 2016State Bank Of India₹650.00 CrOpen
02 Sep 2016Others₹300.00 CrOpen
25 Sep 2014Yes Bank Limited₹450.00 CrOpen

How Many Employees Work at Parry Sugars Refinery India?

Parry Sugars Refinery India has a workforce of 138 employees as of Apr 06, 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 Parry Sugars Refinery India, 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 Parry Sugars Refinery India'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 Parry Sugars Refinery India

Recent activity within the organization

  • Annual General Meeting

    Parry Sugars Refinery India Private Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

    02 Aug 2024

  • Balance Sheet

    Parry Sugars Refinery India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 450.00 Cr registered on 25 Sep 2014 with Charge ID 10525620 was modified on 23 Feb 2024.

    23 Feb 2024

  • Director Appointment

    Valasamuthu Padmanaban was appointed as a Company Secretary was appointed as a Company Secretary on 20 Feb 2024 & has been associated with this company since 11 months 11 days .

    20 Feb 2024

  • Charges

    A charge with State Bank Of India of Rs. 650.00 Cr registered on 14 Oct 2016 with Charge ID 100059326 was modified on 01 Aug 2023.

    01 Aug 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 575.00 Cr registered on 24 Sep 2014 with Charge ID 10525625 was modified on 31 Jul 2023.

    31 Jul 2023

Frequently asked questions

  • Parry Sugars Refinery India Private Limited was incorporated on 13 Jan 2006.

  • The authorized share capital of Parry Sugars Refinery India Private Limited is ₹ 420.00 Cr and paid-up capital is ₹ 345.59 Cr.

  • Currently 8 directors are associated with Parry Sugars Refinery India Private Limited.

    • Padmanabhan Nagarajan
    • Murugappan Muthiah Venkatachalam
    • Suresh Kannan
    • Adepalli Sridhar
    • Vasudevan Seshadri
    • Valasamuthu Padmanaban
    • Srinivasan Suresh
    • Lalitha Balakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parry Sugars Refinery India Private Limited is Dare House, Parrys Corner India, Chennai, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Parry Sugars Refinery India Private Limited is U15421TN2006PTC058579 and the company number is 058579 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parry Sugars Refinery India Private Limited is https://www.eidparry.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Parry Sugars Refinery India Private Limited has risen by 42.44%.

  • As Per 2020 financial reports, 138 employees are currently employed by Parry Sugars Refinery India Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Parry Sugars Refinery India Private Limited has experienced an downturn of -174.90%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Parry Sugars Refinery India Private Limited amount to ₹ 3,005.00 Cr.

  • The most recent Balance Sheet for Parry Sugars Refinery India Private Limited was filed with the ROC on 31 Mar 2024.

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