The Saswad Mali Sugar Factory Ltd

This company manufactures sugar, operates a distillery and cogeneration plant, and acquires land and rights.

1932 | Sholapur, Maharashtra (India) | Active
Last Updated:

The Saswad Mali Sugar Factory Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 92 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 452.75 Cr
  • Satisfied Charges ₹ 87.68 Cr
  • Revenue Growth 12.43%
  • Profit Growth -105.58%
  • Ebitda 1.37%
  • Net Worth -0.47%
  • Total Assets -16.01%

About The Saswad Mali Sugar Factory

The Saswad Mali Sugar Factory Ltd (TSMSFL) was founded in India on 17 November 1932 and has a glorious history of 92 years and three months. Its registered office is in Sholapur, Maharashtra, India.

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 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹452.75 Cr. The company has closed loans amounting to ₹87.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nilkant Bhongale, Satish Girme, Ganesh Inamke, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    Sholapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15424PN1932PLC001904

  • Company No.

    001904

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 1932

  • Date of AGM

    23 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture
Company report

The Saswad Mali Sugar Factory Ltd

Explore comprehensive data for The Saswad Mali Sugar Factory Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at The Saswad Mali Sugar Factory?

Executive Team (1)

NameDesignationAppointment DateStatus
Satish Girme Country flag representing In Managing Director30-Sep-2012Current

Board Members (13)

NameDesignationAppointment DateStatus
Yash Borawake Country flag representing In Director 30-Sep-2016Current
Nilkant Bhongale Country flag representing In Director 11-Oct-2019Current
Ganesh Inamke Country flag representing In Director 02-Oct-2011Current
Paresh Raut Country flag representing In Whole-Time Director 29-Mar-2009Current
Rahul Girme Country flag representing In Director 06-Jan-2009Current
Nikhil Kudale Country flag representing In Director 30-Sep-2021Current

Financial Performance of The Saswad Mali Sugar Factory.

The Saswad Mali Sugar Factory Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 12.43% increase. The company also saw a substantial fall in profitability, with a 105.58% decrease in profit. The company's net worth dipped by a decrease of 0.47%.

The Saswad Mali Sugar Factory revenue growth over time
The Saswad Mali Sugar Factory 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
12.43%
Revenue from Operations
12.47%
Total Assets
-16.01%
Profit or Loss
-105.58%
Net Worth
-0.47%
EBITDA
1.37%

What is the Ownership and Shareholding Structure of The Saswad Mali Sugar Factory?

In 2023, The Saswad Mali Sugar Factory had a promoter holding of 2.59% and a public holding of 97.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹452.75 Cr

Satisfied Charges

₹87.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 395.08 Cr
  • Government Of India Ministry Of Consumer Affairs Food And Public Distribution : 24.20 Cr
  • The Pandharpur Urban Co-Op. Bank Ltd. : 20.00 Cr
  • Bank Of Baroda : 8.00 Cr
  • Central Bank Of India : 5.47 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 2023The Pandharpur Urban Co-Op. Bank Ltd.₹20.00 CrOpen
21 Aug 2019Others₹20.16 CrOpen
06 Mar 2019Others₹30.00 CrOpen
06 Dec 2018Others₹25.00 CrOpen
28 Feb 2014Government Of India Ministry Of Consumer Affairs Food And Public Distribution₹4.07 CrOpen

How Many Employees Work at The Saswad Mali Sugar Factory?

The Saswad Mali Sugar Factory has a workforce of 639 employees as of Mar 24, 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.

Employee growth trends for The Saswad Mali Sugar Factory Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Saswad Mali Sugar Factory, 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 The Saswad Mali Sugar Factory'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 The Saswad Mali Sugar Factory

Recent activity within the organization

  • Annual General Meeting

    The Saswad Mali Sugar Factory Ltd last Annual general meeting of members was held on 23 Dec 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 06 Mar 2019 with Charge ID 100247290 was modified on 24 Sep 2023.

  • Charges

    A charge with Others of Rs. 169.55 Cr registered on 27 Nov 2000 with Charge ID 90082687 was modified on 24 Aug 2023.

  • Charges

    A charge with The Pandharpur Urban Co-Op. Bank Ltd. amounted to Rs. 20.00 Cr with Charge ID 100747905 was registered on 12 Jul 2023.

  • Charges

    A charge registered on 16 Jul 2020 via Charge ID 100362519 with The Pandharpur Urban Co-Op. Bank Ltd. was fully satisfied on 30 Jun 2023.

  • Balance Sheet

    The Saswad Mali Sugar Factory Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

Frequently asked questions

  • What is the Incorporation or founding date of The Saswad Mali Sugar Factory Ltd?

    The Saswad Mali Sugar Factory Ltd was incorporated on 17 Nov 1932.

  • What is authorized share capital and paid-up capital of The Saswad Mali Sugar Factory Ltd?

    The authorized share capital of The Saswad Mali Sugar Factory Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of The Saswad Mali Sugar Factory Ltd?

    Currently 14 directors are associated with The Saswad Mali Sugar Factory Ltd.

    • Nilkant Rajaram Bhongale
    • Satish Digambar Girme
    • Ganesh Dnyandeo Inamke
    • Paresh Digamber Raut
    • Rahul Krishnakant Girme
    • Nikhil Vijaykant Kudale
    • Vishal Arvind Jadhav
    • Rajiv Jagannath Deokar
    • Yash Gautam Borawake
    • Mohan Ramchandra Lande
    • Nandakumar Jagannathrao Girme
    • Savita Ashok Pandhare
    • Ashok Shankarrao Girme
    • Rajendra Gopalrao Girme

  • What is the registered address of The Saswad Mali Sugar Factory Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Saswad Mali Sugar Factory Ltd is At Post Mali Nagar Tal Malshiras, Sholapur, Maharashtra, India, 413108.

  • What is the corporate identification number (CIN) and company number of The Saswad Mali Sugar Factory Ltd?

    The corporate identification number (CIN) of The Saswad Mali Sugar Factory Ltd is U15424PN1932PLC001904 and the company number is 001904 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of The Saswad Mali Sugar Factory Ltd?

    The Official website of The Saswad Mali Sugar Factory Ltd is https://www.saswadmalisugar.in

  • What has been the recent revenue trend for The Saswad Mali Sugar Factory Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for The Saswad Mali Sugar Factory Ltd has risen by 12.43%.

  • How many employees does The Saswad Mali Sugar Factory Ltd currently have?

    As Per 2023 financial reports, 639 employees are currently employed by The Saswad Mali Sugar Factory Ltd.

  • What change has been observed in the net worth of The Saswad Mali Sugar Factory Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of The Saswad Mali Sugar Factory Ltd has experienced an downturn of -0.47%.

  • What are the total open charges for The Saswad Mali Sugar Factory Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for The Saswad Mali Sugar Factory Ltd amount to ₹ 452.75 Cr.

  • When was the last Balance Sheet of The Saswad Mali Sugar Factory Ltd filed with the ROC?

    The most recent Balance Sheet for The Saswad Mali Sugar Factory Ltd was filed with the ROC on 31 Mar 2023.

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