India's Richest People 2026 edition · 1 director · Source: Hurun India
- #912 SV Balasubramaniam ₹3,200 Cr
Revenue · FY 2026
₹1,959.63 Cr
▲ 7% YoY
Net profit · FY 2026
₹134.03 Cr
Net margin 6.8%
EBITDA · FY 2026
₹197.68 Cr
EBITDA margin 10.1%
Authorised capital
₹65 Cr
Registered with MCA
Paid-up capital
₹12.54 Cr
Issued & subscribed
Open charges
₹727.81 Cr
Satisfied ₹2,430.8 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
2,450
Provident fund records
About Bannari Amman Sugars Limited
Data last updated:
Bannari Amman Sugars Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 01 December 1983 and has been in existence for over 43 years.
Its director SV Balasubramaniam is #912 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN L10721TZ1983PLC001358. Its GSTIN is 29AAACB8933G2ZI (Karnataka). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500041 and NSE: BANARISUG.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹12.54 Cr. It is led by directors including Balasubramaniam Saravanan (Managing Director) and Sangampalayam Vedanayagam Balasubramaniam (Managing Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1212 Trichy Road Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,959.63 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹134.03 Cr (net margin 6.8%) and EBITDA of ₹197.68 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company has about 2,450 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bannari Amman Group. As per MCA filings, the company has open charges of ₹727.81 Cr and satisfied charges of ₹2,430.8 Cr on record. Court records list 192 cases involving the company, including 77 filed by the company and 116 filed against it; 28 cases are pending. The company has 5 deals on record (5 market trades); the latest was in September 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bannari.com.
Company details
CIN L10721TZ1983PLC001358
Registration Number 001358
Incorporation Date 01 December 1983
ROC Coimbatore
Listing Status Listed - Listed on NSE (BANARISUG); Listed on BSE (500041)
Company Status Active
Compliance Status Active Compliant
CIN history
Bannari Amman Sugars has one previous CIN (Corporate Identification Number): L15421TZ1983PLC001358. The current CIN is L10721TZ1983PLC001358, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L10721TZ1983PLC001358 | Current |
| L15421TZ1983PLC001358 | Previous |
Key People
Balasubramaniam Saravanan Managing Director Sangampalayam Vedanayagam Balasubramaniam Managing Director Sowmya Sitaram Director Recognitions & Rankings of Bannari Amman Sugars
Contact details
Bannari Amman Sugars Limited's registered office is in Coimbatore, Tamil Nadu.
- Social Media
- Registered Address1212 Trichy Road Coimbatore, Tamil Nadu, India – 641018
- IndustryChemicals and Materials, Industrial Chemicals
Comprehensive company report
Bannari Amman Sugars Limited - one report that includes everything
- 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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Brands
Bannari Amman Sugars operates one associated brand: Bannari Amman Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial conglomerates focused on manufacturing, trading and service activities | bannari.com |
Business activity
The main business activities of Bannari Amman Sugars are manufacturing, mining and quarrying and electricity, gas, steam and air condition supply. In detail, this covers manufacture of food products, other mining & quarrying activities and electric power generation, transmission and distribution. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products | |
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Bannari Amman Sugars Limited, buy the company report.
Financials of Bannari Amman Sugars Limited
FY 2026 filings availableBannari Amman Sugars Limited reported revenue of ₹1,959.63 Cr (up 7% YoY) for FY 2026.
Revenue · FY 2026
₹1,959.63 Cr ▲ 7%
Net profit · FY 2026
₹134.03 Cr margin 6.8%
EBITDA · FY 2026
₹197.68 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 9%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 13%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 7% growth in the latest year. EBITDA fell 6% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,959.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹197.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹134.03 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 6.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Bannari Amman Sugars Limited, buy the company report.
Board of directors of Bannari Amman Sugars Limited
Bannari Amman Sugars has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramaniam Saravanan Also directs: Kerala Alcoholic Products Private Limited, SVB Holdings Private Limited, S V B Foundation and 1 more | Managing Director | 27 Jan 1999 | 27 Years 9 Months | Current |
| Sangampalayam Vedanayagam Balasubramaniam Also directs: Shiva Cargo Movers Private Limited, SVB Enterprise Private Limited, Bannari Amman Exports Private Limited and 5 more | Managing Director | 01 Dec 1983 | 42 Years 11 Months | Current |
| Sowmya Sitaram | Director | 11 Sep 2025 | 1 Years 2 Months | Current |
| Devarajan Chinnusamy Also directs: Modest Imperia Trading LLP, Urc Construction Enterprise Private Limited, Urc Technology Services Private Limited and 5 more | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Rathinasamy Muthusamy | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Murugasamy Bharath Kumar | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Charges & borrowings
Open charges
₹727.81 Cr
Satisfied charges
₹2,430.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2021 | 100413489 | Others | ₹46.02 Cr | Open | |
| 05 Oct 2018 | 100209208 | Others | ₹11.4 Cr | Open | |
| 25 Jan 2017 | 100073845 | Others | ₹30.4 Cr | Open | |
| 29 Oct 2012 | 10388058 | Others | ₹100 Cr | Open | |
| 29 Oct 2012 | 10391406 | Others | ₹200 Cr | Open |
To see the full charge records of Bannari Amman Sugars Limited, buy the company report.
Total charge records: 106 View all charges
Deals & funding
Bannari Amman Sugars Limited has 5 deals on record (5 market trades); the latest was in September 2020.
Total deals
5
Market trades
5
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Market trade | ₹58.49 Cr | Buyer: SVB Holdings Private Limited Seller: Annamallai Enterprise Private Limited , Shiva Cargo Movers Private Limited , Bannariamman Finance Private Limited |
| Mar 2017 | Market trade | ₹35.63 Cr | Buyer: M J Shah Family Trust Seller: an individual |
| Oct 2015 | Market trade | ₹30.01 Cr | Buyer: Gagandeep Credit Capital Private Limited Seller: Fiorina Advisory Services Private Limited |
| Oct 2008 | Market trade | ₹9.74 Cr | Buyer: Blue Moon Securities Pvt. Ltd. Seller: Aditya International Limited |
| Mar 2006 | Market trade | ₹6.78 Cr | Buyer: an individual Seller: Anvil Finvest Pvt Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bannari Amman Sugars Limited has 192 court cases on record: 77 filed by Bannari Amman Sugars, 116 filed against it. 28 cases are pending and 164 are disposed.
Total cases
192
Filed by the company
77
Filed against the company
116
Pending
28
Disposed
164
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 130 | 67 | 20 |
| District courts | 51 | 39 | 8 |
| Supreme Court | 11 | 10 | 0 |
Cases on record (5 of 192)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Civil suit | Filed against the company by Bannari Amman Sugars Ltd | Pending |
| District court, MYSURU, Karnataka | Civil suit | Filed by the company against Bannari Amman Sugars Ltd | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against MRN Canepower and Biorefineries Private Limited and 4 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Hubli Electricity Supply Company Limited Hescom and 1 other | Disposed |
| District court, Erode, Tamil Nadu | Motor accident claim | Filed against the company | Pending |
To see the full case history of Bannari Amman Sugars 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.
Credit ratings & regulatory alerts
Bannari Amman Sugars Limited was last rated by Care on 03 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Dec 2021 |
To see the full credit ratings and regulatory alerts of Bannari Amman Sugars Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bannari Amman Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bannari Amman Sugars has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACB8933G2ZI | Karnataka | Active | 01 Jul 2017 |
| 33AAACB8933G1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAACB8933G1ZM | Andhra Pradesh | Active | 09 Nov 2023 |
To see the full GST registrations and return filing status of Bannari Amman Sugars Limited, buy the company report.
Recent activity
Bannari Amman Sugars Limited has 31 board changes on record since 1983: 20 appointments and 11 cessations. The latest: Radha Ramani ceased to be Director on 23 Sep 2025.
Filing
Bannari Amman Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Coimbatore.
Charges
A charge registered on 25 Jan 2017 via Charge ID 100073847 with Others was fully satisfied on 03 Feb 2026.
Ceased
Radha Ramani ceased to be Director.
Appointed
Sowmya Sitaram was appointed as Director.
AGM
Bannari Amman Sugars Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Charges
A charge registered on 29 Sep 2022 via Charge ID 100616541 with Others was fully satisfied on 21 May 2025.
Ceased
Alathukombai Karupaagounder Perumalsamy ceased to be Director.
Ceased
Malayandipatnam Palanisamy Vijayakumar ceased to be Director.
Ceased
Thatha Gowder Gundan ceased to be Director.
Appointed
Devarajan Chinnusamy was appointed as Director.
Appointed
Murugasamy Bharath Kumar was appointed as Director.
Appointed
Muthusamy Ponnuswami was appointed as Director.
279 earlier events are in the company report.
News
BANARISUG: Q2 STANDALONE NET PROFIT 309.5M RUPEES VS 427M (YOY); Q2 REVENUE 3.4B RUPEES VS 5.72B (YOY)
BANARISUG: Q2 EBITDA 454.1M RUPEES VS 749.3M (YOY); Q2 EBITDA MARGIN 13.35% VS 13.11% (YOY)
BANARISUG: Q2 STANDALONE NET PROFIT 309.5M RUPEES VS 427M (YOY); Q2 REVENUE 3.4B RUPEES VS 5.72B (YOY)
BANARISUG: Q2 EBITDA 454.1M RUPEES VS 749.3M (YOY); Q2 EBITDA MARGIN 13.35% VS 13.11% (YOY)
Frequently asked questions
Bannari Amman Sugars is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 01 December 1983 (43+ years old) and is registered under CIN L10721TZ1983PLC001358. Listed on BSE: 500041 and NSE: BANARISUG.
Bannari Amman Sugars has 6 current directors:
- Balasubramaniam Saravanan - Managing Director
- Sangampalayam Vedanayagam Balasubramaniam - Managing Director
- Sowmya Sitaram - Director
- Devarajan Chinnusamy - Director
- Rathinasamy Muthusamy - Director
- Murugasamy Bharath Kumar - Director
The latest financial statements of Bannari Amman Sugars on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bannari Amman Sugars is 29AAACB8933G2ZI, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACB8933G1ZU (Tamil Nadu), 37AAACB8933G1ZM (Andhra Pradesh).
The CIN (Corporate Identification Number) of Bannari Amman Sugars is L10721TZ1983PLC001358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bannari Amman Sugars is a listed company as per MCA records. Its shares are listed on both BSE (code: 500041) and NSE (symbol: BANARISUG).
Bannari Amman Sugars has 192 court cases on record: 77 filed by the company and 116 filed against it. 28 are pending. Most are in the high courts.
Bannari Amman Sugars was incorporated on 01 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Coimbatore.
Bannari Amman Sugars has 5 deals on record (5 market trades); the latest was in September 2020.
Radha Ramani ceased to be Director on 23 Sep 2025. Sowmya Sitaram was appointed as Director on 11 Sep 2025. Alathukombai Karupaagounder Perumalsamy ceased to be Director on 15 Sep 2024. Bannari Amman Sugars has 31 board changes on record in total.
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