Parrys Sugar Industries Limited

This company produces and supplies sugar and its by-products, generates power using biogas, and offers support services to farmers.

1986 | Bangaluru, Karnataka (India) | Merged
Last Updated: January 15, 2025

Parrys Sugar Industries Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 22.52 Cr
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 1,114.33 Cr
  • Revenue Growth 15.61%
  • Profit Growth 56.32%
  • Ebitda 199.35%
  • Net Worth -31.29%
  • Total Assets -3.75%

About Parrys Sugar Industries

Parrys Sugar Industries Limited (PSIL) is Amalgamated company established on 30 Jun 1986 with its office registered at Bangaluru, Karnataka, India and has been running since 38 Year, 7 Months with a paid up capital of 22.52 Cr. According to MCA records, 5 Directors and 2 Signatories are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parrysugar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L28100KA1986PLC049077

  • Company No.

    049077

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 1986

  • Date of AGM

    22 Jul 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Agriculture
Environment

Who are the key members and board of directors at Parrys Sugar Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Amar Dora Country flag representing In Company Secretary02-Sep-2013Current
Suri Venkataraman Country flag representing In CFO29-Apr-2014Current
Ramesh V Country flag representing In Managing Director28-Apr-2014Current

Board Members (4)

NameDesignationAppointment DateStatus
Rajan Ramakrishnan Country flag representing In Director 24-Apr-2013Current
Ramadoss Krishnan Country flag representing In Director 27-Aug-2010Current
Lalitha Balakrishnan Country flag representing In Director 30-Mar-2015Current
Venkatachalam Ravichandran Country flag representing In Director 27-Aug-2010Current

Financial Performance of Parrys Sugar Industries.

Parrys Sugar Industries Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 15.61% increase. The company also saw a substantial improvement in profitability, with a 56.32% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.29%.

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
15.61%
Revenue from Operations
15.24%
Total Assets
-3.75%
Profit or Loss
56.32%
Net Worth
-31.29%
EBITDA
199.35%

What is the Ownership and Shareholding Structure of Parrys Sugar Industries?

In 2016, Parrys Sugar Industries had a promoter holding of 65.00% and a public holding of 35.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,114.33 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India Limited : 218.60 Cr
  • Axis Bank Ltd. : 205.00 Cr
  • Ge Capital Services India : 125.00 Cr
  • Andhra Bank : 111.28 Cr
  • Yes Bank Limited : 92.20 Cr
  • Others : 362.25 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2011Icici Bank Limited₹32.63 CrSatisfied
17 Jun 2011Axis Bank Ltd.₹205.00 CrSatisfied
29 Apr 2011Axis Bank₹25.00 CrSatisfied
07 Mar 2011Bank Of India₹50.00 CrSatisfied
07 Mar 2011Andhra Bank₹25.00 CrSatisfied

How Many Employees Work at Parrys Sugar Industries?

Unlock and access historical data on people associated with Parrys Sugar Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parrys Sugar Industries, 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 Parrys Sugar Industries'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 Parrys Sugar Industries

Recent activity within the organization

  • Annual General Meeting

    Parrys Sugar Industries Limited last Annual general meeting of members was held on 22 Jul 2016 as per latest MCA records.

    22 Jul 2016

  • Balance Sheet

    Parrys Sugar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.

    31 Mar 2016

  • Director Appointment

    Lalitha Balakrishnan was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 9 years 10 months .

    30 Mar 2015

  • Charges

    A charge registered on 16 Dec 2011 via Charge ID 10323538 with Icici Bank Limited was fully satisfied on 29 May 2014.

    29 May 2014

  • Director Appointment

    Suri Venkataraman was appointed as a Cfo was appointed as a Cfo on 29 Apr 2014 & has been associated with this company since 10 years 9 months .

    29 Apr 2014

  • Director Appointment

    Ramesh V was appointed as a Managing Director was appointed as a Managing Director on 28 Apr 2014 & has been associated with this company since 10 years 9 months .

    28 Apr 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Parrys Sugar Industries Limited was incorporated on 30 Jun 1986.

  • The authorized share capital of Parrys Sugar Industries Limited is ₹ 175.00 Cr and paid-up capital is ₹ 22.52 Cr.

  • Currently 7 directors are associated with Parrys Sugar Industries Limited.

    • Amar Kumar Dora
    • Suri Venkataraman
    • Ramadoss Krishnan
    • Lalitha Balakrishnan
    • Ramesh V
    • Rajan Chittur Ramakrishnan
    • Venkatachalam Ravichandran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parrys Sugar Industries Limited is Venus Building 3Rd Floor 1/2 Kalayanamantapa Road Jakkasandra, Koramangala Extension India, Bangalore, Karnataka, 560034.

  • The corporate identification number (CIN) of Parrys Sugar Industries Limited is L28100KA1986PLC049077 and the company number is 049077 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parrys Sugar Industries Limited is https://www.parrysugar.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Parrys Sugar Industries Limited has risen by 15.61%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Parrys Sugar Industries Limited has experienced an downturn of -31.29%.

  • The most recent Balance Sheet for Parrys Sugar Industries Limited was filed with the ROC on 31 Mar 2016.

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