Soubhagya Laxmi Sugars Limited

Extracts sugar from sugar cane and manufactures 3,500 TCD sugar plant and 18MW co-generation plant.

2008 | Belgaum, Karnataka (India) | Active
Last Updated: January 17, 2025

Who are the key members and board of directors at Soubhagya Laxmi Sugars?

Board Members (3)

NameDesignationAppointment DateStatus
Hanamanth Duragannavar Country flag representing In Director 05-Apr-2016Current
Hanamant Khichadi Country flag representing In Director 05-Apr-2016Current
Beerappa Durgipujeri Country flag representing In Director 28-Aug-2020Current

Financial Performance of Soubhagya Laxmi Sugars.

Soubhagya Laxmi Sugars Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 89.52% increase. The company also saw a substantial improvement in profitability, with a 44.42% increase in profit. The company's net worth observed a substantial decline by a decrease of 37.32%.

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
89.52%
Revenue from Operations
55.85%
Total Assets
-8.82%
Profit or Loss
44.42%
Net Worth
-37.32%
EBITDA
-233.19%

Charges (Loans)

Open Charges

₹698.15 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 320.11 Cr
  • The Karantaka State Co-Operative Apex Bank Limited : 165.00 Cr
  • State Bank Of India : 93.50 Cr
  • Idbi Bank Limited : 67.51 Cr
  • Corporation Bank : 20.00 Cr
  • Others : 32.03 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2018Others₹2.80 CrOpen
14 Oct 2017Others₹6.00 CrOpen
23 Jun 2017Ifci Limited₹9.28 CrOpen
28 Mar 2017Others₹7.88 CrOpen
25 Oct 2016Others₹15.00 CrOpen

How Many Employees Work at Soubhagya Laxmi Sugars?

Soubhagya Laxmi Sugars has a workforce of 238 employees as of Apr 06, 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 Soubhagya Laxmi 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 Soubhagya Laxmi 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

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Latest Updates, News, and FAQs on Soubhagya Laxmi Sugars

Recent activity within the organization

  • Director Appointment

    Beerappa Sannasiddappa Durgipujeri was appointed as a Director was appointed as a Director on 28 Aug 2020 & has been associated with this company since 4 years 5 months .

    28 Aug 2020

  • Annual General Meeting

    Soubhagya Laxmi Sugars Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Soubhagya Laxmi Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 2.80 Cr with Charge ID 100214674 was registered on 30 Jul 2018.

    30 Jul 2018

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100131888 was registered on 14 Oct 2017.

    14 Oct 2017

  • Charges

    A charge with Ifci Limited amounted to Rs. 9.28 Cr with Charge ID 100109929 was registered on 23 Jun 2017.

    23 Jun 2017

Frequently asked questions

  • Soubhagya Laxmi Sugars Limited was incorporated on 31 Dec 2008.

  • The authorized share capital of Soubhagya Laxmi Sugars Limited is ₹ 83.00 Cr and paid-up capital is ₹ 82.21 Cr.

  • Currently 3 directors are associated with Soubhagya Laxmi Sugars Limited.

    • Hanamanth Bhimappa Duragannavar
    • Hanamant Balappa Khichadi
    • Beerappa Sannasiddappa Durgipujeri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Soubhagya Laxmi Sugars Limited is 211/2B Plot No.4 Falls Road, India, Gokak, Karnataka, 591307.

  • The corporate identification number (CIN) of Soubhagya Laxmi Sugars Limited is U15421KA2008PLC048749 and the company number is 048749 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Soubhagya Laxmi Sugars Limited has risen by 89.52%.

  • As Per 2019 financial reports, 238 employees are currently employed by Soubhagya Laxmi Sugars Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Soubhagya Laxmi Sugars Limited has experienced an downturn of -37.32%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Soubhagya Laxmi Sugars Limited amount to ₹ 698.15 Cr.

  • The most recent Balance Sheet for Soubhagya Laxmi Sugars Limited was filed with the ROC on 31 Mar 2019.

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