
Angadi Sugars and Power Limited
About Angadi Sugars and Power Limited
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Angadi Sugars and Power Limited is a public limited company based in Belgaum, Karnataka, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 02 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15122KA2011PLC058423. Its GSTIN is 29AAKCA1431E1ZZ (Karnataka).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹18.99 Cr. It is led by directors including Shradha Suresh Angadi (Managing Director) and Mangal Suresh Angadi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4855/83 1st Cross Shri Laxmi Complex Apmc Road Sadashiv Nagar, Belgaum, Karnataka, India – 590001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.66 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹7.59 Lakh (net margin -285%) and EBITDA of ₹1.99 Lakh (EBITDA margin 74.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹209 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Angadi Sugars and Power Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4855/83 1st Cross Shri Laxmi Complex Apmc Road Sadashiv Nagar, Belgaum, Karnataka, India – 590001
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Angadi Sugars and Power Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Angadi Sugars and Power are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Angadi Sugars and Power Limited
FY 2024 filings availableAngadi Sugars and Power Limited reported revenue of ₹2.66 Lakh (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 76% fall in the latest year. EBITDA fell 54% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.99 Lakh | ||||
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| Net Profit (PAT) | -₹7.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 74.7% | ||||
| Net Profit Margin | -285% | ||||
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To see the full financial statements and ratios of Angadi Sugars and Power Limited, buy the company report.
Board of directors of Angadi Sugars and Power Limited
Angadi Sugars and Power has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shradha Suresh Angadi Also directs: SJS Chemicals Private Limited | Managing Director | 02 May 2011 | 15 Years 6 Months | Current |
| Mangal Suresh Angadi | Director | 02 May 2011 | 15 Years 6 Months | Current |
| Rahul Shankar Patil Also directs: Riddhi Heart Institutes Private Limited | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Spoorthi Suresh Angadi | Director | 02 May 2011 | 15 Years 6 Months | Current |
| Sankalp Jagadish Shettar Also directs: SJS Chemicals Private Limited, Naisargika Ventures LLP, Mahakayaya Ventures LLP and 2 more | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Shrikant Basavantappa Kadakol | Director | 09 Jan 2016 | 10 Years 9 Months | Current |
Auditor
Angadi Sugars and Power Limited is audited by SHIVANAND HALBHAVI AND CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVANAND HALBHAVI AND CO. | FY 2022 | 012394S |
Shareholding
The shareholding of Angadi Sugars and Power Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Angadi Sugars and Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2024 | 101043003 | Others | ₹207.5 Cr | Open | |
| 15 Dec 2022 | 100667542 | Canara Bank | ₹50 Lakh | Open | |
| 31 Mar 2022 | 100573245 | Others | ₹1 Cr | Open | |
| 14 Feb 2022 | 100573248 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Angadi Sugars and Power Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Angadi Sugars and Power Limited has 3 court cases on record: 3 filed by Angadi Sugars and Power. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner, Belagavi | Disposed |
To see the full case history of Angadi Sugars and Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Angadi Sugars and Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Angadi Sugars and Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCA1431E1ZZ | Karnataka | Active | 04 Dec 2021 |
To see the full GST registrations and return filing status of Angadi Sugars and Power Limited, buy the company report.
Recent activity
Angadi Sugars and Power Limited has 16 board changes on record since 2011: 6 appointments and 10 cessations. The latest: Rahul Shankar Patil ceased to be Additional Director on 30 Jul 2022.
13 earlier events are in the company report.
Frequently asked questions
Angadi Sugars and Power is an active public limited company based in Belgaum, Karnataka, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 02 May 2011 (15+ years old) and is registered under CIN U15122KA2011PLC058423.
Angadi Sugars and Power has 6 current directors:
- Shradha Suresh Angadi - Managing Director
- Mangal Suresh Angadi - Director
- Rahul Shankar Patil - Director
- Spoorthi Suresh Angadi - Director
- Sankalp Jagadish Shettar - Director
- Shrikant Basavantappa Kadakol - Director
The latest financial statements of Angadi Sugars and Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Angadi Sugars and Power is 29AAKCA1431E1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Angadi Sugars and Power is U15122KA2011PLC058423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Angadi Sugars and Power has 3 court cases on record: 3 filed by the company.
Angadi Sugars and Power was incorporated on 02 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Rahul Shankar Patil ceased to be Additional Director on 30 Jul 2022. Sankalp Jagadish Shettar ceased to be Additional Director on 30 Jul 2022. Shradha Suresh Angadi ceased to be Director on 03 Nov 2021. Angadi Sugars and Power has 16 board changes on record in total.
The registered office of Angadi Sugars and Power is at 485583 1st Cross Shri Laxmi Complex Apmc Road Sadashiv Nagar, Belgaum, Karnataka, India – 590001.
Angadi Sugars and Power operates in the energy and power industry, in the power transmission and distribution services segment.

