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
Sidhanath Sugar Mills Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
- Paid Up Capital ₹ 54.95 Cr
- Company Age 24 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 397.96 Cr
- Satisfied Charges ₹ 286.81 Cr
- Revenue Growth 10.13%
- Profit Growth 65.58%
- Ebitda -101.72%
- Net Worth -11.34%
- Total Assets -4.45%
About Sidhanath Sugar Mills
Sidhanath Sugar Mills Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 April 2000 and has a history of 24 years and ten months. Its registered office is in Solapur, Maharashtra, India.
The Corporate was formerly known as Sidhanath Sugar Mills 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 55.00 Cr and a paid-up capital of Rs 54.95 Cr.
The company currently has active open charges totaling ₹397.96 Cr. The company has closed loans amounting to ₹286.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sidhanath Sugar Mills Limited India are Pearl Dsouza as COMPANY SECRETARY and Ramchandra Wakade as Cfo. Tukaram Gund, Sushama Kedar, Jayashri Mane, and Two other members serve as directors at the Company.
Company Details
- Location
Solapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U15421PN2000PLC014710
- Company No.
014710
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Apr 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Agriculture
Energy and Power
Who are the key members and board of directors at Sidhanath Sugar Mills?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dilip Mane  | Managing Director | 03-Apr-2000 | Current |
| Pearl Dsouza | Company Secretary | 13-Jan-2024 | Current |
| Ramchandra Wakade | CFO | 12-Sep-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tukaram Gund | Director | 19-Oct-2016 | Current |
| Sushama Kedar | Director | 19-Oct-2016 | Current |
| Jayashri Mane | Director | 25-Jul-2015 | Current |
| Annarao Bhopale | Director | 30-Sep-2009 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sidhanath Sugar Mills?
In 2020, Sidhanath Sugar Mills had a promoter holding of 33.62% and a public holding of 66.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Paddymine Food Products Private Limited
Jayashri Mane and Dilip Mane are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2020 | Others | ₹50.00 Cr | Open |
| 03 Jul 2019 | Others | ₹13.97 Cr | Open |
| 21 Jun 2019 | Others | ₹8.80 Cr | Open |
| 16 Feb 2019 | Others | ₹50.00 Cr | Open |
| 03 Jan 2019 | Others | ₹34.50 Cr | Open |
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.
Deals i
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
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.
