Satish Sugars Limited

Produces sugar, alcohol, and power through integrated plant with high capacity and utilization.

2000 | Gokak Taluk, Karnataka (India) | Active
Last Updated:

Satish Sugars Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 62.32 Cr
  • Company Age 24 Year, 10 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 ten 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

    satishsugars.com

  • 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

Agriculture
Food and Beverages

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)

NameDesignationAppointment DateStatus
Priyanka Jarkiholi Country flag representing In Managing Director20-Oct-2016Current
Dilip Pawar Country flag representing In Company Secretary20-Feb-2016Current
Pradeep Indi Country flag representing In CFO20-Feb-2016Current

Board Members (7)

NameDesignationAppointment DateStatus
Shakuntala Jarkiholi Country flag representing In Whole-Time Director 16-Aug-2005Current
Vithal Parasannavar Country flag representing In Director 12-Apr-2000Current
Pradeep Indi Country flag representing In Director and Cfo 12-Apr-2000Current
Rahul Jarkiholi Country flag representing In Director 02-Aug-2021Current
Premalata Dodamani Country flag representing In Director 12-Jun-2015Current
Anand Patil Country flag representing In Director 10-Nov-2015Current

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%.

Satish Sugars revenue growth over time
Satish Sugars 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
14.48%
Revenue from Operations
15.64%
Total Assets
-0.42%
Profit or Loss
100.13%
Net Worth
20.97%
EBITDA
55.64%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹669.33 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
07 Feb 2024Indian Bank₹1.60 MOpen
01 Nov 2023Hdfc Bank Limited₹0.85 MOpen
20 Oct 2023Hdfc Bank Limited₹0.85 MOpen
10 Oct 2023Hdfc Bank Limited₹3.40 MOpen
21 Aug 2023Hdfc Bank Limited₹3.00 MOpen

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.

Employee growth trends for Satish Sugars Limited

Deals i

Graph showing company valuation over time

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

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 Satish Sugars

Recent activity within the organization

  • Charges

    A charge registered on 05 Jul 2021 via Charge ID 100464037 with Indian Bank was fully satisfied on 26 Feb 2024.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.16 Cr with Charge ID 100875136 was registered on 07 Feb 2024.

  • Charges

    A charge registered on 02 Aug 2019 via Charge ID 100281169 with Indian Bank was fully satisfied on 06 Feb 2024.

  • Charges

    A charge registered on 25 Jan 2023 via Charge ID 100684137 with Indian Bank was fully satisfied on 21 Dec 2023.

  • Charges

    A charge registered on 27 Jan 2021 via Charge ID 100417720 with Indian Bank was fully satisfied on 29 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100816754 was registered on 01 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Satish Sugars Limited?

    Satish Sugars Limited was incorporated on 12 Apr 2000.

  • What is authorized share capital and paid-up capital of Satish Sugars Limited?

    The authorized share capital of Satish Sugars Limited is ₹ 100.00 Cr and paid-up capital is ₹ 62.32 Cr.

  • Who are the current board members & directors of Satish Sugars Limited?

    Currently 10 directors are associated with Satish Sugars Limited.

    • Shakuntala Devi Satish Jarkiholi
    • Vithal Rudrappa Parasannavar
    • Pradeep Kumar Manohar Indi
    • Rahul Satish Jarkiholi
    • Priyanka Satish Jarkiholi
    • Premalata Veeresh Dodamani
    • Dilip Rajendra Pawar
    • Anand Patil
    • Padmavati Patil
    • Pradeep Kumar Manohar Indi

  • What is the registered address of Satish Sugars Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Satish Sugars Limited is Sangankeri - Yadwad Road Hunashayal P G, Gokak Taluk, Karnataka, India, 591224.

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

    The corporate identification number (CIN) of Satish Sugars Limited is U15421KA2000PLC026920 and the company number is 026920 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Satish Sugars Limited?

    The Official website of Satish Sugars Limited is https://www.satishsugars.com

  • What has been the recent revenue trend for Satish Sugars Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Satish Sugars Limited has risen by 14.48%.

  • How many employees does Satish Sugars Limited currently have?

    As Per 2023 financial reports, 1221 employees are currently employed by Satish Sugars Limited.

  • What change has been observed in the net worth of Satish Sugars Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Satish Sugars Limited has experienced an upsurge of 20.97%.

  • What are the total open charges for Satish Sugars Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Satish Sugars Limited amount to ₹ 669.33 Cr.

  • When was the last Balance Sheet of Satish Sugars Limited filed with the ROC?

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

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