Sakthi Sugars Limited

This company manufactures and sells sugar, industrial alcohol, and soya products, and operates power plants.

1961 | Erode, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Sakthi Sugars Profile

Key Indicators

  • Authorised Capital ₹ 170.00 Cr
  • Paid Up Capital ₹ 118.85 Cr
  • Company Age 63 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 620.96 Cr
  • Satisfied Charges ₹ 3,507.05 Cr
  • Revenue Growth 32.68%
  • Profit Growth 378.24%
  • Ebitda 70.93%
  • Net Worth 97.47%
  • Total Assets -7.96%

About Sakthi Sugars

Sakthi Sugars Limited (SSL) was founded in India on 12 May 1961 and has a glorious history of 63 years and nine months. Its registered office is in Erode, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507315 and on the National Stock Exchange(NSE) under SAKHTISUG.

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 2023. It's a company limited by shares with an authorized capital of Rs 170.00 Cr and a paid-up capital of Rs 118.85 Cr.

The company currently has active open charges totaling ₹620.96 Cr. The company has closed loans amounting to ₹3,507.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sakthi Sugars Limited India are Sveluswamy as CFO and Sethuraman Venkatesh as Company Secretary. Shivram Sethuraman, Arumugam Selvakumar, Balasubramaniam Mahalingam, and Four other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sakthisugars.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15421TZ1961PLC000396

  • Company No.

    000396

  • Stock Symbol

    BSE : 507315 NSE : SAKHTISUG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 May 1961

  • Date of AGM

    23 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Agriculture
Food and Beverages
Energy and Power

What products or services does Sakthi Sugars Limited offer?

Sakthi Sugars Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Organic Fertilizers and Manure, Ready to Eat & Instant Food Mixes, Pasta & Soups, Industrial Chemicals & Supplies, Biocides, Agro Waste, Sugarcane Bagasse, Soya Chunk, Sugarcane Molasses.

Who are the key members and board of directors at Sakthi Sugars?

Executive Team (5)

NameDesignationAppointment DateStatus
Mahalingam Manickam Country flag representing In Managing Director16-Sep-1980Current
Sveluswamy Country flag representing In CFO25-May-2022Current
Balasubramaniam Mahalingam Country flag representing In Managing Director21-Aug-1989Current
Srinivaasan Mahalingam Country flag representing In Managing Director23-Aug-1995Current
Sethuraman Venkatesh Company Secretary15-Apr-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Shivram Sethuraman Country flag representing In Director 14-Sep-2024Current
Priya Bhansali Country flag representing In Director 27-Mar-2015Current
Arumugam Selvakumar Country flag representing In Director 05-Oct-2024Current
Vattakal Swaminathan Country flag representing In Director 10-Jun-2023Current

Financial Performance of Sakthi Sugars.

Sakthi Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.68% increase. The company also saw a substantial improvement in profitability, with a 378.24% increase in profit. The company's net worth Soared by an impressive increase of 97.47%.

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
32.68%
Revenue from Operations
33.72%
Total Assets
-7.96%
Profit or Loss
378.24%
Net Worth
97.47%
EBITDA
70.93%

What is the Ownership and Shareholding Structure of Sakthi Sugars?

In 2023, Sakthi Sugars had a promoter holding of 2.06% and a public holding of 97.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹620.96 Cr

Satisfied Charges

₹3,507.05 Cr

Charges Breakdown by Lending Institutions

  • Others : 361.18 Cr
  • State Bank Of India : 123.83 Cr
  • The President Of India : 62.17 Cr
  • Centurion Bank Of Punjab Limited : 50.00 Cr
  • President Of India : 9.89 Cr
  • Others : 13.89 Cr

Latest Charge Details

DateLenderAmountStatus
28 Nov 2023Others₹100.00 CrOpen
24 Jun 2023Others₹0.15 MOpen
24 Jun 2023Others₹1.50 MOpen
24 Jun 2023Others₹5.00 MOpen
24 Jun 2023Others₹3.15 MOpen

How Many Employees Work at Sakthi Sugars?

Sakthi Sugars has a workforce of 1170 employees as of Apr 01, 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 Sakthi Sugars, 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 Sakthi Sugars'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 Sakthi Sugars

Recent activity within the organization

  • Director Appointment

    Arumugam Selvakumar was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 4 months 18 days .

    05 Oct 2024

  • Director Appointment

    Shivram Sethuraman was appointed as a Director was appointed as a Director on 14 Sep 2024 & has been associated with this company since 5 months 8 days .

    14 Sep 2024

  • Charges

    A charge registered on 19 Jan 2024 via Charge ID 100861352 with Others was fully satisfied on 31 Jul 2024.

    31 Jul 2024

  • Charges

    A charge registered on 19 Jan 2024 via Charge ID 100861353 with Others was fully satisfied on 31 Jul 2024.

    31 Jul 2024

  • Charges

    A charge with Others of Rs. 0.02 Cr registered on 24 Jun 2023 with Charge ID 100753877 was modified on 05 Jul 2024.

    05 Jul 2024

  • Charges

    A charge with Others of Rs. 0.08 Cr registered on 24 Jun 2023 with Charge ID 100753936 was modified on 05 Jul 2024.

    05 Jul 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sakthi Sugars Limited was incorporated on 12 May 1961.

  • The authorized share capital of Sakthi Sugars Limited is ₹ 170.00 Cr and paid-up capital is ₹ 118.85 Cr.

  • Currently 9 directors are associated with Sakthi Sugars Limited.

    • SVeluswamy
    • Shivram Sethuraman
    • Arumugam Selvakumar
    • Balasubramaniam Mahalingam
    • Vattakal Valasu Kailasa Gounder Swaminathan
    • Priya Bhansali
    • Srinivaasan Mahalingam
    • Mahalingam Manickam
    • Sethuraman Venkatesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sakthi Sugars Limited is Sakthi Nagar, Bhavani Tk India, Erode District, Tamil Nadu, 638315.

  • The corporate identification number (CIN) of Sakthi Sugars Limited is L15421TZ1961PLC000396 and the company number is 000396 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sakthi Sugars Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SAKHTISUG.

  • The Official website of Sakthi Sugars Limited is https://www.sakthisugars.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sakthi Sugars Limited has risen by 32.68%.

  • As Per 2023 financial reports, 1170 employees are currently employed by Sakthi Sugars Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sakthi Sugars Limited has experienced an upsurge of 97.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sakthi Sugars Limited amount to ₹ 620.96 Cr.

  • The most recent Balance Sheet for Sakthi Sugars Limited was filed with the ROC on 31 Mar 2023.

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