Sharat Industries Limited

Exports and processes shrimp, manufactures feed, uses SPF broodstock for seedling production.

1990 | Andhra Pradesh, Andhra Pradesh (India) | Active
Last Updated: July 07, 2024

Sharat Industries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 23.91 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 129.94 Cr
  • Satisfied Charges ₹ 100.24 Cr
  • Revenue Growth 35.43%
  • Profit Growth 89.20%
  • Ebitda 37.23%
  • Net Worth 11.84%
  • Total Assets 6.27%

About Sharat Industries

Sharat Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 May 1990 and has a history of 34 years and nine months. Its registered office is in Andhra Pradesh, Andhra Pradesh.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519397.

The Corporate was formerly known as Shart Sea Foods Private 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 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 23.91 Cr.

The company currently has active open charges totaling ₹129.94 Cr. The company has closed loans amounting to ₹100.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sharat Industries Limited India are Balamurugan as COMPANY SECRETARY and Narayanswamy Thyagarajan as Cfo. Swayze Mani, Venkata Harihar, Geetha Bindu, and Three other members serve as directors at the Company.

Company Details

  • Location Andhra Pradesh, Andhra Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sharatindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L05005AP1990PLC011276

  • Company No.

    011276

  • Stock Symbol

    BSE : 519397

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 May 1990

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Vijayawada

Industry

Agriculture
Food and Beverages

Who are the key members and board of directors at Sharat Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Balamurugan Company Secretary22-Apr-2023Current
Narayanswamy Thyagarajan CFO21-Feb-2023Current
Prasad Sabbella Country flag representing In Managing Director07-May-1990Current

Board Members (5)

NameDesignationAppointment DateStatus
Venkata Harihar Country flag representing In Director 28-Sep-2020Current
Swayze Mani Country flag representing In Director 16-May-2022Current
Geetha Bindu Country flag representing In Director 23-Mar-2023Current
Shanmugam Country flag representing In Director 12-Nov-2020Current
Sabbella Reddy Country flag representing In Whole-Time Director 31-Jan-2013Current

Financial Performance of Sharat Industries.

Sharat Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.43% increase. The company also saw a substantial improvement in profitability, with a 89.2% increase in profit. The company's net worth Soared by an impressive increase of 11.84%.

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
35.43%
Revenue from Operations
34.61%
Total Assets
6.27%
Profit or Loss
89.20%
Net Worth
11.84%
EBITDA
37.23%

What is the Ownership and Shareholding Structure of Sharat Industries?

In 2022, Sharat Industries had a promoter holding of 38.91% and a public holding of 61.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹129.94 Cr

Satisfied Charges

₹100.24 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 118.71 Cr
  • Others : 10.75 Cr
  • Hdfc Bank Limited : 0.48 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2023Axis Bank Limited₹10.00 CrOpen
17 Dec 2022Axis Bank Limited₹4.95 CrOpen
03 Sep 2022Axis Bank Limited₹1.80 MOpen
17 Aug 2022Axis Bank Limited₹1.01 MOpen
29 Jul 2022Others₹10.00 CrOpen

How Many Employees Work at Sharat Industries?

Sharat Industries has a workforce of 271 employees as of Apr 04, 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 Sharat Industries, 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 Sharat Industries'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 Sharat Industries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100829616 was registered on 12 Dec 2023.

    12 Dec 2023

  • Annual General Meeting

    Sharat Industries Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Director Appointment

    Balamurugan was appointed as a Company Secretary was appointed as a Company Secretary on 22 Apr 2023 & has been associated with this company since 1 year 10 months .

    22 Apr 2023

  • Balance Sheet

    Sharat Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Narayanswamy Thyagarajan was appointed as a Cfo was appointed as a Cfo on 21 Feb 2023 & has been associated with this company since 2 years 2 days .

    21 Feb 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100671747 was registered on 17 Dec 2022.

    17 Dec 2022

Frequently asked questions

  • Sharat Industries Limited was incorporated on 07 May 1990.

  • The authorized share capital of Sharat Industries Limited is ₹ 50.00 Cr and paid-up capital is ₹ 23.91 Cr.

  • Currently 8 directors are associated with Sharat Industries Limited.

    • Balamurugan
    • Narayanswamy Thyagarajan
    • Swayze Mani
    • Venkata Muthyam Harihar
    • Geetha Adhyam Bindu
    • Prasad Reddy Sabbella
    • Shanmugam
    • Sabbella Sharat Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharat Industries Limited is Venkannapalem Village T P Gudur Mandal Nellore, India, Andhra Pradesh.

  • The corporate identification number (CIN) of Sharat Industries Limited is L05005AP1990PLC011276 and the company number is 011276 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sharat Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sharat Industries Limited is https://www.sharatindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharat Industries Limited has risen by 35.43%.

  • As Per 2023 financial reports, 271 employees are currently employed by Sharat Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharat Industries Limited has experienced an upsurge of 11.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharat Industries Limited amount to ₹ 129.94 Cr.

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

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