Ponni Sugars (Erode) Limited

Produces sugar and operates a co-generation unit in Tamil Nadu.

1996 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Ponni Sugars (Erode) Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 8.60 Cr
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.00 Cr
  • Satisfied Charges ₹ 434.50 Cr
  • Revenue Growth 52.54%
  • Profit Growth 31.08%
  • Ebitda 13.86%
  • Net Worth 22.91%
  • Total Assets 22.90%

About Ponni Sugars (Erode)

Ponni Sugars (Erode) Limited (PSEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 1996 and has a history of 28 years and four months. Its registered office is in Kanchipuram, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532460 and on the National Stock Exchange(NSE) under PONNIERODE.

The Corporate was formerly known as Spb Sugars And Chemicals 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 15.00 Cr and a paid-up capital of Rs 8.60 Cr.

The company currently has active open charges totaling ₹16.00 Cr. The company has closed loans amounting to ₹434.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ponni Sugars (Erode) Limited India are Kolandavelu Yokanathan as CFO and Rangavittal Madhusudhan as Company Secretary. Gopalaratnam Natarajan, Arun Bijur, Bharti Pithawalla, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15422TN1996PLC037200

  • Company No.

    037200

  • Stock Symbol

    BSE : 532460 NSE : PONNIERODE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 1996

  • Date of AGM

    05 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Agriculture
Company report

Ponni Sugars (Erode) Limited

Explore comprehensive data for Ponni Sugars (Erode) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ponni Sugars (Erode)?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramanathan Narayanan Country flag representing In Managing Director01-Apr-2005Current
Kolandavelu Yokanathan Country flag representing In CFO29-May-2014Current
Rangavittal Madhusudhan Country flag representing In Company Secretary19-Jul-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Gopalaratnam Natarajan Country flag representing In Director 26-Dec-1996Current
Arun Bijur Country flag representing In Director 26-Dec-1996Current
Bharti Pithawalla Country flag representing Gb Director 06-May-2022Current
Palanisamy Manoharan Country flag representing In Director 01-Oct-2022Current
Mohan Chunkath Country flag representing In Director 06-May-2022Current
Chellamani Naresh Country flag representing In Director 15-Mar-2024Current

Financial Performance of Ponni Sugars (Erode).

Ponni Sugars (Erode) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.54% increase. The company also saw a substantial improvement in profitability, with a 31.08% increase in profit. The company's net worth Soared by an impressive increase of 22.91%.

Ponni Sugars (Erode) revenue growth over time
Ponni Sugars (Erode) 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
52.54%
Revenue from Operations
51.01%
Total Assets
22.90%
Profit or Loss
31.08%
Net Worth
22.91%
EBITDA
13.86%

What is the Ownership and Shareholding Structure of Ponni Sugars (Erode)?

In 2023, Ponni Sugars (Erode) had a promoter holding of 42.36% and a public holding of 57.64%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.00 Cr

Satisfied Charges

₹434.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2019Canara Bank₹16.00 CrOpen
24 Apr 2019Canara Bank₹9.06 CrSatisfied
04 Apr 2019Hdfc Bank Limited₹10.00 CrSatisfied
22 Sep 2016Idbi Bank Limited₹151.03 CrSatisfied
25 Sep 2015Canara Bank₹3.84 CrSatisfied

How Many Employees Work at Ponni Sugars (Erode)?

Ponni Sugars (Erode) has a workforce of 603 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.

Employee growth trends for Ponni Sugars (Erode) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ponni Sugars (Erode), 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 Ponni Sugars (Erode)'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 Ponni Sugars (Erode)

Recent activity within the organization

  • Annual General Meeting

    Ponni Sugars (Erode) Limited last Annual general meeting of members was held on 05 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Ponni Sugars (Erode) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Chellamani Naresh was appointed as a Director was appointed as a Director on 15 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Lakshmi Anant Nadkarni was appointed as a Director was appointed as a Director on 15 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with Canara Bank of Rs. 16.00 Cr registered on 08 Nov 2019 with Charge ID 100304057 was modified on 22 Sep 2023.

  • Director Appointment

    Palanisamy Manoharan was appointed as a Director was appointed as a Director on 01 Oct 2022 & has been associated with this company since 2 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ponni Sugars (Erode) Limited?

    Ponni Sugars (Erode) Limited was incorporated on 26 Dec 1996.

  • What is authorized share capital and paid-up capital of Ponni Sugars (Erode) Limited?

    The authorized share capital of Ponni Sugars (Erode) Limited is ₹ 15.00 Cr and paid-up capital is ₹ 8.60 Cr.

  • Who are the current board members & directors of Ponni Sugars (Erode) Limited?

    Currently 10 directors are associated with Ponni Sugars (Erode) Limited.

    • Gopalaratnam Natarajan
    • Arun Gajanan Bijur
    • Bharti Chhotubhai Pithawalla
    • Palanisamy Manoharan
    • Ramanathan Narayanan
    • Mohan Verghese Chunkath
    • Chellamani Naresh
    • Lakshmi Anant Nadkarni
    • Kolandavelu Yokanathan
    • Rangavittal Madhusudhan

  • What is the registered address of Ponni Sugars (Erode) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ponni Sugars (Erode) Limited is Esvin House No.13 Old Mahabalipuram Road Seevaram Village Perungudi, India, Chennai - 96., Tamil Nadu, 600096.

  • What is the corporate identification number (CIN) and company number of Ponni Sugars (Erode) Limited?

    The corporate identification number (CIN) of Ponni Sugars (Erode) Limited is L15422TN1996PLC037200 and the company number is 037200 as per Ministry of Corporate Affairs (MCA).

  • Is Ponni Sugars (Erode) Limited registered with any stock exchange in India?

    Yes, Ponni Sugars (Erode) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PONNIERODE.

  • What is the official website of Ponni Sugars (Erode) Limited?

    The Official website of Ponni Sugars (Erode) Limited is https://www.ponnisugars.com

  • What has been the recent revenue trend for Ponni Sugars (Erode) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ponni Sugars (Erode) Limited has risen by 52.54%.

  • How many employees does Ponni Sugars (Erode) Limited currently have?

    As Per 2023 financial reports, 603 employees are currently employed by Ponni Sugars (Erode) Limited.

  • What change has been observed in the net worth of Ponni Sugars (Erode) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ponni Sugars (Erode) Limited has experienced an upsurge of 22.91%.

  • What are the total open charges for Ponni Sugars (Erode) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ponni Sugars (Erode) Limited amount to ₹ 16.00 Cr.

  • When was the last Balance Sheet of Ponni Sugars (Erode) Limited filed with the ROC?

    The most recent Balance Sheet for Ponni Sugars (Erode) Limited was filed with the ROC on 31 Mar 2024.

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