Badami Sugars Limited
About Badami Sugars Limited
Data last updated:
Badami Sugars Limited was a public limited company based in Badami, Karnataka, India, operated as a subsidiary of Shri Sai Priya Sugars Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the sugar processing segment of the agriculture sector. It was incorporated on 01 January 2002.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U15429KA2002PLC029955. Its GSTIN is 29AADCB2352A2Z6 (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.96 Cr. It was led by directors including Rachappa Virapaxappa Karehonna and Vishal Murgesh Nirani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Chalukya Nagar Bagalkot Dist., Badami, Karnataka, India – 587201.
As per the financials filed for FY 2022, the company reported a revenue of ₹49.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.99 Cr (net margin -20.3%) and EBITDA of -₹3.03 Cr (EBITDA margin -6.2%).
The company had about 290 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹127.91 Cr on record.
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- Registered AddressChalukya Nagar Bagalkot Dist., Badami, Karnataka, India – 587201
- IndustryAgriculture, Sugar Processing
- 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
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Business Activity of Badami Sugars Limited
The main business activity of Badami Sugars is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Badami Sugars Limited
Badami Sugars Limited is audited by Y C R J & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y C R J & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Badami Sugars Limited
Badami Sugars has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachappa Virapaxappa Karehonna | Director | 21 Jul 2020 | 6 Years 2 Months | As last reported |
| Vishal Murgesh Nirani Also directs: Accutrade Global LLP, Trualt Bioenergy Limited, Leafiniti Bioenergy Private Limited and 5 more | Director | 21 Jul 2020 | 6 Years 2 Months | As last reported |
| Vijay Murugesh Nirani Also directs: Accutrade Global LLP, Trualt Bioenergy Limited, Leafiniti Bioenergy Private Limited and 5 more | Additional Director | 20 Dec 2020 | 5 Years 9 Months | As last reported |
Financials of Badami Sugars Limited FY 2022 filings available
Badami Sugars Limited reported revenue of ₹49.11 Cr (up 31343% YoY) for FY 2022.
Financial Statement Summary of Badami Sugars Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹49.11 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.99 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Badami Sugars Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Badami Sugars are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Badami Sugars Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Badami Sugars Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2023 | Bank of India | ₹30 Cr | Satisfied |
| 19 Mar 2022 | Bank of India | ₹30 Cr | Satisfied |
| 18 Sep 2020 | Bank of India | ₹30 Cr | Satisfied |
| 22 Mar 2006 | The Bagalkot D C C Bank Ltd | ₹37.91 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Badami Sugars Limited
Badami Sugars Limited has a workforce of 290 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Badami Sugars Limited
Badami Sugars has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB2352A2Z6 | Karnataka | Active | 19 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Badami Sugars Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Badami Sugars Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Badami Sugars Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Badami Sugars Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Badami Sugars Limited
Frequently Asked Questions about Badami Sugars Limited
Badami Sugars has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Badami Sugars was a public limited company based in Badami, Karnataka, India. The company worked in sugar processing, within the agriculture industry. It was incorporated on 01 January 2002 and is registered under CIN U15429KA2002PLC029955. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Badami Sugars was incorporated on 01 January 2002. It is registered with the Registrar of Companies, Bangalore.
Badami Sugars had 3 directors:
- Rachappa Virapaxappa Karehonna - Director
- Vishal Murgesh Nirani - Director
- Vijay Murugesh Nirani - Additional Director
The CIN (Corporate Identification Number) of Badami Sugars is U15429KA2002PLC029955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Badami Sugars is at Chalukya Nagar Bagalkot Dist., Badami, Karnataka, India – 587201.
Badami Sugars reported revenue of ₹49.11 Cr for FY 2022 (up 31343% YoY).
Badami Sugars has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.96 Cr.
Badami Sugars reported a net loss of ₹9.99 Cr (net margin -20.3%) and EBITDA of -₹3.03 Cr (EBITDA margin -6.2%) for FY 2022, as per its filed financial statements.