Satish Sugars Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 62.32 Cr
- Company Age 24 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 669.33 Cr
- Satisfied Charges ₹ 580.61 Cr
- Revenue Growth 14.48%
- Profit Growth 100.13%
- Ebitda 55.64%
- Net Worth 20.97%
- Total Assets -0.42%
About Satish Sugars
Satish Sugars Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 April 2000 and has a history of 24 years and nine months. Its registered office is in Gokak Taluk, Karnataka, India.
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 100.00 Cr and a paid-up capital of Rs 62.32 Cr.
The company currently has active open charges totaling ₹669.33 Cr. The company has closed loans amounting to ₹580.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Satish Sugars Limited India are Dilip Pawar as COMPANY SECRETARY and Pradeep Indi as Cfo. Shakuntala Jarkiholi, Vithal Parasannavar, Pradeep Indi, and Five other members serve as directors at the Company.
Company Details
- Location
Gokak Taluk, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15421KA2000PLC026920
- Company No.
026920
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Apr 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Satish Sugars Limited offer?
Satish Sugars Limited offers a wide range of products and services, including Sugar, Icumsa 45 Sugar, Power Plants & Spare Parts, Sugarcane Molasses, Sugarcane Juice Machine & Sugar Mill Machinery, Sugar Distillery, Sugar Plant, Website Designing, Alcohol Solvents, Rectified Spirit.
Who are the key members and board of directors at Satish Sugars?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priyanka Jarkiholi  | Managing Director | 20-Oct-2016 | Current |
| Dilip Pawar | Company Secretary | 20-Feb-2016 | Current |
| Pradeep Indi | CFO | 20-Feb-2016 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shakuntala Jarkiholi | Whole-Time Director | 16-Aug-2005 | Current |
| Vithal Parasannavar | Director | 12-Apr-2000 | Current |
| Pradeep Indi | Director and Cfo | 12-Apr-2000 | Current |
| Rahul Jarkiholi | Director | 02-Aug-2021 | Current |
| Premalata Dodamani | Director | 12-Jun-2015 | Current |
| Anand Patil | Director | 10-Nov-2015 | Current |
Financial Performance of Satish Sugars.
Satish Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.48% increase. The company also saw a substantial improvement in profitability, with a 100.13% increase in profit. The company's net worth Soared by an impressive increase of 20.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Satish Sugars?
In 2023, Satish Sugars had a promoter holding of 99.96% and a public holding of 0.04%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Belgaum Sugars Private LimitedShakuntala Jarkiholi, Vithal Parasannavar and 6 more are mutual person
Belgaum Steel Works Private LimitedShakuntala Jarkiholi, Vithal Parasannavar and 2 more are mutual person
- Western Ghats Infra Limited
Shakuntala Jarkiholi, Pradeep Indi and 1 more are mutual person
- Yaragatti Sugars Private Limited
Vithal Parasannavar, Pradeep Indi and 2 more are mutual person
- Satish Industrial Park Private Limited
Vithal Parasannavar and Pradeep Indi are mutual person
Charges (Loans)
₹669.33 Cr
₹580.61 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 448.41 Cr
- Others : 104.14 Cr
- Bank Of India : 99.00 Cr
- President Of India Govt Of India Ministry Of Consumer Affairs Food And Pub Distr Through Ifci Ltd : 15.79 Cr
- Hdfc Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2024 | Indian Bank | ₹1.60 M | Open |
| 01 Nov 2023 | Hdfc Bank Limited | ₹0.85 M | Open |
| 20 Oct 2023 | Hdfc Bank Limited | ₹0.85 M | Open |
| 10 Oct 2023 | Hdfc Bank Limited | ₹3.40 M | Open |
| 21 Aug 2023 | Hdfc Bank Limited | ₹3.00 M | Open |
How Many Employees Work at Satish Sugars?
Satish Sugars has a workforce of 1221 employees as of Apr 09, 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 Satish 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 Satish Sugars'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.
