The Ugar Sugar Works Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 11.25 Cr
- Company Age 85 Year, 4 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 four 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
- Social Media-
Corporate Identity Details
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niraj Shirgaokar  | Managing Director | 01-Apr-2011 | Current |
| Chandan Shirgaokar | Managing Director | 01-Apr-2011 | Current |
| Shreekant Bhat | CFO | 10-Feb-2021 | Current |
| Tushar Deshpande | Company Secretary | 11-Sep-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sohan Shirgaokar | Whole-Time Director | 29-Jan-2014 | Current |
| Shripad Gangavati | Director | 14-Aug-2019 | Current |
| Sachin Shirgaokar | Director | 29-Jan-2014 | Current |
| Prafulla Shirgaokar | Director | 05-Aug-1994 | Current |
| Shishir Shirgaokar | Director | 05-Aug-1994 | Current |
| Shilpa Kumar | Director | 31-Mar-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
S.B. Reshellers Private LimitedPrafulla Shirgaokar, Shishir Shirgaokar and 4 more are mutual person
Kpt Industries LimitedNiraj Shirgaokar is a mutual person
Synergy Green Industries LimitedShishir Shirgaokar, Chandan Shirgaokar and 2 more are mutual person
Ugar Pipe Industries Pvt LtdPrafulla Shirgaokar, Shishir Shirgaokar and 1 more are mutual person
Iresearch Services Private LimitedNiraj Shirgaokar is a mutual person
Impact Investors CouncilShilpa Kumar is a mutual person
Charges (Loans)
₹1,180.86 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2024 | Others | ₹53.80 Cr | Open |
| 20 May 2024 | Others | ₹45.00 Cr | Open |
| 30 Oct 2023 | Others | ₹20.00 Cr | Open |
| 25 Jul 2023 | Others | ₹30.00 Cr | Open |
| 24 Aug 2022 | Others | ₹22.74 Cr | Open |
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.
Deals i
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
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.
