Sidhanath Sugar Mills Limited

Produces sugar and related products with a 6,000 tonne crushing capacity and 26-megawatt co-generation power plant.

2000 | Solapur, Maharashtra (India) | Active
Last Updated: July 04, 2024

Who are the key members and board of directors at Sidhanath Sugar Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Dilip Mane Country flag representing InManaging Director03-Apr-2000Current
Pearl Dsouza Country flag representing InCompany Secretary13-Jan-2024Current
Ramchandra WakadeCFO12-Sep-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Tukaram Gund Country flag representing In Director 19-Oct-2016Current
Sushama Kedar Country flag representing In Director 19-Oct-2016Current
Jayashri Mane Country flag representing In Director 25-Jul-2015Current
Annarao Bhopale Country flag representing In Director 30-Sep-2009Current

Financial Performance of Sidhanath Sugar Mills.

Sidhanath Sugar Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.13% increase. The company also saw a substantial improvement in profitability, with a 65.58% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.34%.

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
10.13%
Revenue from Operations
3.67%
Total Assets
-4.45%
Profit or Loss
65.58%
Net Worth
-11.34%
EBITDA
-101.72%

Charges (Loans)

Open Charges

₹397.96 Cr

Satisfied Charges

₹286.81 Cr

Charges Breakdown by Lending Institutions

  • Others : 270.49 Cr
  • Punjab National Bank : 58.53 Cr
  • Canara Bank : 40.00 Cr
  • Govt. Of India & Sdf & Ministry Of Consumer Affairs : 24.43 Cr
  • Ministry Of Consumer Affairs Food And Public Distribution Department Of Food And Public Distribution : 4.51 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jun 2020Others₹50.00 CrOpen
03 Jul 2019Others₹13.97 CrOpen
21 Jun 2019Others₹8.80 CrOpen
16 Feb 2019Others₹50.00 CrOpen
03 Jan 2019Others₹34.50 CrOpen

How Many Employees Work at Sidhanath Sugar Mills?

Sidhanath Sugar Mills has a workforce of 367 employees as of Mar 31, 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 Sidhanath Sugar Mills, 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 Sidhanath Sugar Mills'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 Sidhanath Sugar Mills

Recent activity within the organization

  • Director Appointment

    Pearl Santosh Dsouza was appointed as a Company Secretary was appointed as a Company Secretary on 13 Jan 2024 & has been associated with this company since 1 year 16 days .

    13 Jan 2024

  • Charges

    A charge registered on 21 Jan 2015 via Charge ID 10564382 with Indian Renewable Energy Development Agency Limited was fully satisfied on 19 Dec 2023.

    19 Dec 2023

  • Annual General Meeting

    Sidhanath Sugar Mills Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sidhanath Sugar Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100350936 was registered on 23 Jun 2020.

    23 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 13.97 Cr with Charge ID 100292964 was registered on 03 Jul 2019.

    03 Jul 2019

Frequently asked questions

  • Sidhanath Sugar Mills Limited was incorporated on 03 Apr 2000.

  • The authorized share capital of Sidhanath Sugar Mills Limited is ₹ 55.00 Cr and paid-up capital is ₹ 54.95 Cr.

  • Currently 7 directors are associated with Sidhanath Sugar Mills Limited.

    • Tukaram Bajrang Gund
    • Sushama Ankush Kedar
    • Jayashri Dilip Mane
    • Annarao Udhavrao Bhopale
    • Dilip Bramhadeo Mane
    • Pearl Santosh Dsouza
    • Ramchandra Bhanudas Wakade
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sidhanath Sugar Mills Limited is 5 Park Stadiumrailway Lines, Solapur, Maharashtra, India, 413001.

  • The corporate identification number (CIN) of Sidhanath Sugar Mills Limited is U15421PN2000PLC014710 and the company number is 014710 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sidhanath Sugar Mills Limited has risen by 10.13%.

  • As Per 2023 financial reports, 367 employees are currently employed by Sidhanath Sugar Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sidhanath Sugar Mills Limited has experienced an downturn of -11.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sidhanath Sugar Mills Limited amount to ₹ 397.96 Cr.

  • The most recent Balance Sheet for Sidhanath Sugar Mills Limited was filed with the ROC on 31 Mar 2023.

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