The Ugar Sugar Works Ltd

This company manufactures and trades sugar, alcohol, and electricity with two integrated plants and a cogeneration power plant.

1939 | Sangli, Maharashtra (India) | Active
Last Updated:

The Ugar Sugar Works Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 11.25 Cr
  • Company Age 85 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,180.86 Cr
  • Satisfied Charges ₹ 507.14 Cr
  • Revenue Growth 49.30%
  • Profit Growth 137.85%
  • Ebitda 110.20%
  • Net Worth 82.11%
  • Total Assets -21.27%

About The Ugar Sugar Works

The Ugar Sugar Works Ltd (TUSWL) was founded in India on 11 September 1939 and has a glorious history of 85 years and five months. Its registered office is in Sangli, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530363 and on the National Stock Exchange(NSE) under UGARSUGAR.

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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 11.25 Cr.

The company currently has active open charges totaling ₹1,180.86 Cr. The company has closed loans amounting to ₹507.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Ugar Sugar Works Ltd India are Shreekant Bhat as CFO and Tushar Deshpande as Company Secretary. Prafulla Shirgaokar, Shishir Shirgaokar, Chandan Shirgaokar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    web.ugarsugar.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15421PN1939PLC006738

  • Company No.

    006738

  • Stock Symbol

    BSE : 530363 NSE : UGARSUGAR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 1939

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Agriculture
Energy and Power

What products or services does The Ugar Sugar Works Ltd offer?

The Ugar Sugar Works Ltd offers a wide range of products and services, including Plastic Film, Packaging Materials, Hand Sanitizer & Disinfectant, Alcohol Based Hand Sanitizer, Commercial Hand Sanitizer, Food Packaging Bag, Packaging Pouch.

Who are the key members and board of directors at The Ugar Sugar Works?

Executive Team (4)

NameDesignationAppointment DateStatus
Niraj Shirgaokar Country flag representing In Managing Director01-Apr-2011Current
Chandan Shirgaokar Country flag representing In Managing Director01-Apr-2011Current
Shreekant Bhat CFO10-Feb-2021Current
Tushar Deshpande Company Secretary11-Sep-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Sohan Shirgaokar Country flag representing In Whole-Time Director 29-Jan-2014Current
Shripad Gangavati Country flag representing In Director 14-Aug-2019Current
Sachin Shirgaokar Country flag representing In Director 29-Jan-2014Current
Prafulla Shirgaokar Country flag representing In Director 05-Aug-1994Current
Shishir Shirgaokar Country flag representing In Director 05-Aug-1994Current
Shilpa Kumar Country flag representing In Director 31-Mar-2015Current

Financial Performance of The Ugar Sugar Works.

The Ugar Sugar Works Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 49.3% increase. The company also saw a substantial improvement in profitability, with a 137.85% increase in profit. The company's net worth Soared by an impressive increase of 82.11%.

The Ugar Sugar Works revenue growth over time
The Ugar Sugar Works 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
49.30%
Revenue from Operations
49.06%
Total Assets
-21.27%
Profit or Loss
137.85%
Net Worth
82.11%
EBITDA
110.20%

What is the Ownership and Shareholding Structure of The Ugar Sugar Works?

In 2023, The Ugar Sugar Works had a promoter holding of 44.35% and a public holding of 55.65%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,180.86 Cr

Satisfied Charges

₹507.14 Cr

Charges Breakdown by Lending Institutions

  • Others : 1052.24 Cr
  • Central Bank Of India : 126.12 Cr
  • President Of India : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2024Others₹53.80 CrOpen
20 May 2024Others₹45.00 CrOpen
30 Oct 2023Others₹20.00 CrOpen
25 Jul 2023Others₹30.00 CrOpen
24 Aug 2022Others₹22.74 CrOpen

How Many Employees Work at The Ugar Sugar Works?

Unlock and access historical data on people associated with The Ugar Sugar Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for The Ugar Sugar Works Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Ugar Sugar Works, 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 Ugar Sugar Works'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 Ugar Sugar Works

Recent activity within the organization

  • Director Appointment

    Tushar Vasudev Deshpande was appointed as a Company Secretary was appointed as a Company Secretary on 11 Sep 2024 & has been associated with this company since 5 months 22 days .

  • Charges

    A charge with Others amounted to Rs. 53.80 Cr with Charge ID 100976779 was registered on 28 Aug 2024.

  • Annual General Meeting

    The Ugar Sugar Works Ltd last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100930839 was registered on 20 May 2024.

  • Balance Sheet

    The Ugar Sugar Works Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 30 Sep 2021 via Charge ID 100499537 with Others was fully satisfied on 30 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of The Ugar Sugar Works Ltd?

    The Ugar Sugar Works Ltd was incorporated on 11 Sep 1939.

  • What is authorized share capital and paid-up capital of The Ugar Sugar Works Ltd?

    The authorized share capital of The Ugar Sugar Works Ltd is ₹ 20.00 Cr and paid-up capital is ₹ 11.25 Cr.

  • Who are the current board members & directors of The Ugar Sugar Works Ltd?

    Currently 12 directors are associated with The Ugar Sugar Works Ltd.

    • Prafulla Vinayak Shirgaokar
    • Shishir Suresh Shirgaokar
    • Chandan Sanjeev Shirgaokar
    • Sohan Sanjeev Shirgaokar
    • Sachin Rajendra Shirgaokar
    • Niraj Shishir Shirgaokar
    • Shilpa Naval Kumar
    • Shripad Sannacharya Gangavati
    • Suneeta Sanjiv Thakur
    • Shreekant Venkataraman Bhat
    • Tushar Vasudev Deshpande
    • Hari Yashwant Athawale

  • What is the registered address of The Ugar Sugar Works Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Ugar Sugar Works Ltd is Mahaveer Nagar, India, Sangli, Maharashtra, 416416.

  • What is the corporate identification number (CIN) and company number of The Ugar Sugar Works Ltd?

    The corporate identification number (CIN) of The Ugar Sugar Works Ltd is L15421PN1939PLC006738 and the company number is 006738 as per Ministry of Corporate Affairs (MCA).

  • Is The Ugar Sugar Works Ltd registered with any stock exchange in India?

    Yes, The Ugar Sugar Works Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): UGARSUGAR.

  • What is the official website of The Ugar Sugar Works Ltd?

    The Official website of The Ugar Sugar Works Ltd is https://www.web.ugarsugar.com

  • What has been the recent revenue trend for The Ugar Sugar Works Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for The Ugar Sugar Works Ltd has risen by 49.30%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of The Ugar Sugar Works Ltd has experienced an upsurge of 82.11%.

  • What are the total open charges for The Ugar Sugar Works Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for The Ugar Sugar Works Ltd amount to ₹ 1,180.86 Cr.

  • When was the last Balance Sheet of The Ugar Sugar Works Ltd filed with the ROC?

    The most recent Balance Sheet for The Ugar Sugar Works Ltd was filed with the ROC on 31 Mar 2024.

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