Sri Chamundeswari Sugars Limited

Manufacturer of sugar, ENA, and power with two units in Karnataka, supplying to corporate customers.

1970 | Bangalore, Karnataka (India) | Active
Last Updated: July 04, 2024

Sri Chamundeswari Sugars Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 24.45 Cr
  • Company Age 54 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 754.18 Cr
  • Satisfied Charges ₹ 603.68 Cr
  • Revenue Growth 20.22%
  • Profit Growth 25.86%
  • Ebitda 15.30%
  • Net Worth 3.99%
  • Total Assets -4.75%

About Sri Chamundeswari Sugars

Sri Chamundeswari Sugars Limited (SCSL) was founded in India on 14 December 1970 and has a glorious history of 54 years and two months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Food And Beverages 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 60.00 Cr and a paid-up capital of Rs 24.45 Cr.

The company currently has active open charges totaling ₹754.18 Cr. The company has closed loans amounting to ₹603.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sri Chamundeswari Sugars Limited India are Priya Arwat as COMPANY SECRETARY and Narasimhan Srinivasan as Cfo. Susheela Balakrishnan, Kollengode Ramakrishnan, Mallappa Desai, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    chamundeswarisugars.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15435KA1970PLC001974

  • Company No.

    001974

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 1970

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages
Agriculture

What products or services does Sri Chamundeswari Sugars Limited offer?

Sri Chamundeswari Sugars Limited offers a wide range of products and services, including Sugar, Refined Sugar.

Who are the key members and board of directors at Sri Chamundeswari Sugars?

Executive Team (3)

NameDesignationAppointment DateStatus
Priya Arwat Company Secretary23-Jun-2023Current
Narasimhan Srinivasan CFO15-Oct-2022Current
Srinivaasan Mahalingam Country flag representing In Managing Director09-Jun-1993Current

Board Members (8)

NameDesignationAppointment DateStatus
Mahalingam Manickam Country flag representing In Director 22-Jul-1987Current
Susheela Balakrishnan Country flag representing In Director 30-Mar-2015Current
Kollengode Ramakrishnan Country flag representing In Director 20-Mar-2022Current
Mallappa Desai Country flag representing In Director 10-Nov-2010Current
Arumugam Selvakumar Country flag representing In Director 19-Feb-2001Current
Balasubramaniam Mahalingam Country flag representing In Director 22-Aug-1994Current

Financial Performance of Sri Chamundeswari Sugars.

Sri Chamundeswari Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.22% increase. The company also saw a substantial improvement in profitability, with a 25.86% increase in profit. The company's net worth moved up by a moderate rise of 3.99%.

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
20.22%
Revenue from Operations
20.35%
Total Assets
-4.75%
Profit or Loss
25.86%
Net Worth
3.99%
EBITDA
15.30%

What is the Ownership and Shareholding Structure of Sri Chamundeswari Sugars?

In 2023, Sri Chamundeswari Sugars had a promoter holding of 89.51% and a public holding of 10.50%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹754.18 Cr

Satisfied Charges

₹603.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 555.26 Cr
  • The South Canara District Central Cooperative Bank Limited : 120.00 Cr
  • The Karnataka State Co-Operative Apex Bank Limited : 40.00 Cr
  • Ifci : 28.85 Cr
  • Indian Bank : 9.68 Cr
  • Others : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2024Others₹10.00 CrOpen
26 Mar 2024Others₹5.80 MOpen
11 Mar 2024Others₹60.00 CrOpen
19 Feb 2024Others₹2.00 CrOpen
19 Feb 2024Others₹10.00 CrOpen

How Many Employees Work at Sri Chamundeswari Sugars?

Sri Chamundeswari Sugars has a workforce of 648 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 Sri Chamundeswari 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 Sri Chamundeswari 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 Sri Chamundeswari Sugars

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100890663 was registered on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100914906 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100879031 was registered on 11 Mar 2024.

    11 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100899532 was registered on 19 Feb 2024.

    19 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100899535 was registered on 19 Feb 2024.

    19 Feb 2024

  • Charges

    A charge with Others of Rs. 6.80 Cr registered on 10 Mar 2021 with Charge ID 100489316 was modified on 22 Jan 2024.

    22 Jan 2024

Frequently asked questions

  • Sri Chamundeswari Sugars Limited was incorporated on 14 Dec 1970.

  • The authorized share capital of Sri Chamundeswari Sugars Limited is ₹ 60.00 Cr and paid-up capital is ₹ 24.45 Cr.

  • Currently 11 directors are associated with Sri Chamundeswari Sugars Limited.

    • Priya Uttam Arwat
    • Narasimhan Srinivasan
    • Susheela Balakrishnan
    • Kollengode Padmanabhan Ramakrishnan
    • Mallappa Rachappa Desai
    • Arumugam Selvakumar
    • Balasubramaniam Mahalingam
    • Harihar Shivaram H A Rama Rao
    • Vattakal Valasu Kailasa Gounder Swaminathan
    • Srinivaasan Mahalingam
    • Mahalingam Manickam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Chamundeswari Sugars Limited is 88/5 Richmond Road, India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Sri Chamundeswari Sugars Limited is U15435KA1970PLC001974 and the company number is 001974 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Chamundeswari Sugars Limited is https://www.chamundeswarisugars.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Chamundeswari Sugars Limited has risen by 20.22%.

  • As Per 2023 financial reports, 648 employees are currently employed by Sri Chamundeswari Sugars Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Chamundeswari Sugars Limited has experienced an upsurge of 3.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Chamundeswari Sugars Limited amount to ₹ 754.18 Cr.

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

Similar Companies Based on Sugar Processing