Ponni Sugars (Erode) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 8.60 Cr
- Company Age 28 Year, 1 Month
- 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 one month. 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. Ramanathan Narayanan, Gopalaratnam Natarajan, Arun Bijur, and Four 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
Who are the key members and board of directors at Ponni Sugars (Erode)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramanathan Narayanan  | Managing Director | 01-Apr-2005 | Current |
| Kolandavelu Yokanathan | CFO | 29-May-2014 | Current |
| Rangavittal Madhusudhan | Company Secretary | 19-Jul-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopalaratnam Natarajan | Director | 26-Dec-1996 | Current |
| Arun Bijur | Director | 26-Dec-1996 | Current |
Bharti Pithawalla  | Director | 06-May-2022 | Current |
| Mohan Chunkath | Director | 06-May-2022 | Current |
| Palanisamy Manoharan | Director | 01-Oct-2022 | Current |
| Chellamani Naresh | Director | 13-Apr-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Spb Projects And Consultancy LtdArun Bijur is a mutual person
Matheson Bosanquet Enterprises Private LimitedRamanathan Narayanan is a mutual person
Seshasayee Paper And Boards LimitedGopalaratnam Natarajan and Mohan Chunkath are mutual person
Indian Sugar Exim Corporation Ltd.Ramanathan Narayanan is a mutual person
High Energy Batteries (India) LimitedGopalaratnam Natarajan is a mutual person
Charges (Loans)
₹16.00 Cr
₹434.50 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 16.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2019 | Canara Bank | ₹16.00 Cr | Open |
| 24 Apr 2019 | Canara Bank | ₹9.06 Cr | Satisfied |
| 04 Apr 2019 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 22 Sep 2016 | Idbi Bank Limited | ₹151.03 Cr | Satisfied |
| 25 Sep 2015 | Canara Bank | ₹3.84 Cr | Satisfied |
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.
Deals i
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
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.
