Ponni Sugars (Erode) Limited logo

Ponni Sugars (Erode) Limited

Produces sugar and operates a co-generation unit in Tamil Nadu.
1996 | Kanchipuram, Tamil Nadu (India) | Active

Last Updated:

July 11, 2024
HomeCompanyPonni Sugars (Erode) Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ramanathan Narayanan InManaging Director01-Apr-2005Current
Kolandavelu Yokanathan InCFO29-May-2014Current
Rangavittal Madhusudhan InCompany Secretary19-Jul-2022Current

Board Members(6)

NameDesignationAppointment DateStatus
Gopalaratnam Natarajan In Director 26-Dec-1996Current
Arun Bijur In Director 26-Dec-1996Current
Bharti Pithawalla Gb Director 06-May-2022Current
Mohan Chunkath In Director 06-May-2022Current
Palanisamy Manoharan In Director 01-Oct-2022Current
Chellamani Naresh Director 13-Apr-2024Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹16.00 Cr

₹434.50 Cr

LenderAmountStatus

Canara Bank

Creation Date: 08 Nov 2019
₹16.00 CrOpen

Canara Bank

Creation Date: 24 Apr 2019
₹9.06 CrSatisfied

Hdfc Bank Limited

Creation Date: 04 Apr 2019
₹10.00 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.

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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.

    05 Jun 2024

  • Director Appointment

    Chellamani Naresh was appointed as a Director was appointed as a Director on 13 Apr 2024 & has been associated with this company since 8 months 6 days .

    13 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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.

    22 Sep 2023

  • Director Appointment

    Bharti Chhotubhai Pithawalla was appointed as a Director was appointed as a Director on 06 May 2022 & has been associated with this company since 2 years 7 months .

    06 May 2022

  • Charges

    A charge registered on 04 Apr 2019 via Charge ID 100257686 with Hdfc Bank Limited was fully satisfied on 05 Oct 2021.

    05 Oct 2021

Recent News, Updates & Announcement

Frequently asked questions

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

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

  • Currently 9 directors are associated with Ponni Sugars (Erode) Limited.

    • Ramanathan Narayanan
    • Gopalaratnam Natarajan
    • Arun Gajanan Bijur
    • Bharti Chhotubhai Pithawalla
    • Mohan Verghese Chunkath
    • Palanisamy Manoharan
    • Chellamani Naresh
    • Kolandavelu Yokanathan
    • Rangavittal Madhusudhan
  • 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, Chennai - 96., Tamil Nadu, India, 600096.

  • 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).

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

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

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

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

  • 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%.

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

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

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