Bhavani Khandasari Sugars Limited
About Bhavani Khandasari Sugars Limited
Data last updated:
Bhavani Khandasari Sugars Limited is a public limited company based in Bidar, Karnataka, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 30 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15424KA2000PLC027713. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.93 Cr. It is led by directors including Venkat Reddy and Ramesh Reddy.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Sy. No. 289/Aa/2 Village Baroor Taluka Bidar, Karnataka, India – 585257.
As per the financials filed for FY 2016, the company reported a revenue of ₹12.98 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹6.55 Cr (net margin -50.5%) and EBITDA of -₹2.61 Cr (EBITDA margin -20.1%).
As per MCA filings, the company has open charges of ₹5.84 Cr and satisfied charges of ₹5.84 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Bhavani Khandasari Sugars has one previous CIN (Corporate Identification Number): U15424KA2000PTC027713. The current CIN is U15424KA2000PLC027713, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15424KA2000PLC027713 | Current |
| U15424KA2000PTC027713 | Previous |
Contact details
Bhavani Khandasari Sugars Limited's registered office is in Bidar, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSy. No. 289/Aa/2 Village Baroor Taluka Bidar, Karnataka, India – 585257
- IndustryAgriculture, Sugar Processing
To see the full contact details of Bhavani Khandasari Sugars 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 activity of Bhavani Khandasari Sugars is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Bhavani Khandasari Sugars Limited, buy the company report.
Financials of Bhavani Khandasari Sugars Limited
FY 2016 filings availableBhavani Khandasari Sugars Limited reported revenue of ₹12.98 Cr (down 19% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. EBITDA fell 130% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹12.98 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.61 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6.55 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -20.1% | |
| Net Profit Margin | -50.5% | |
| 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 Bhavani Khandasari Sugars Limited, buy the company report.
Board of directors of Bhavani Khandasari Sugars Limited
Bhavani Khandasari Sugars has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkat Reddy Also directs: Shri Veerabhadreshwar Sugar Industries Private Limited | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Ramesh Reddy Also directs: Shri Veerabhadreshwar Sugar Industries Private Limited | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Venkat Mamatha Reddy Also directs: Shri Veerabhadreshwar Sugar Industries Private Limited | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Srinivas Madgelkar | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Monge Lakshmi | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Bhavani Khandasari Sugars Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Penganga Sakhar Karkhana Private Limited | ₹14.04 Cr (FY 2024) | -61.0% | Aurangabad, Maharashtra, India | |||
| UK Farmer Producer Company Limited | ₹13.82 Cr (FY 2024) | Majalgaon, Maharashtra, India | ||||
| Manorama Rupamata Natural Sugar Private Limited | ₹13.74 Cr (FY 2024) | Osmanabad, Maharashtra, India | ||||
| Glufro Starch Sugar Private Limited | ₹13.51 Cr (FY 2025) | -25.0% | Dhampur, Uttar Pradesh, India | |||
| Bhavani Khandasari Sugars Limitedthis company | ₹12.98 Cr (FY 2016) | -₹6.55 Cr | -50.5% | -19.0% | Bidar, Karnataka, India | |
| Diabliss Consumer Products Private Limited | ₹12.55 Cr (FY 2024) | -2.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Bhavani Khandasari Sugars Limited, buy the company report.
Auditor
Bhavani Khandasari Sugars Limited is audited by N A C AND ASSOCIATES LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N A C AND ASSOCIATES LLP | FY 2016 | 119375W |
Shareholding
The shareholding of Bhavani Khandasari Sugars Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhavani Khandasari Sugars Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2003 | 80008925 | Canara Bank | ₹5.09 Cr | Satisfied | |
| 29 Apr 2003 | 90192693 | Canara Bank | ₹75 Lakh | Satisfied |
To see the full charge records of Bhavani Khandasari Sugars Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bhavani Khandasari Sugars Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Bhavani Khandasari 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavani Khandasari Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavani Khandasari Sugars has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bhavani Khandasari Sugars Limited, buy the company report.
Recent activity
Bhavani Khandasari Sugars Limited has 13 board changes on record since 2015: 5 appointments and 8 cessations. The latest: Rajshaker Nitture Vishwanath Rao ceased to be Director on 30 Aug 2024.
9 earlier events are in the company report.
Frequently asked questions
Bhavani Khandasari Sugars is an active public limited company based in Bidar, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 30 August 2000 (26+ years old) and is registered under CIN U15424KA2000PLC027713.
Bhavani Khandasari Sugars has 5 current directors:
- Venkat Reddy - Director
- Ramesh Reddy - Director
- Venkat Mamatha Reddy - Director
- Srinivas Madgelkar - Director
- Monge Lakshmi - Director
The latest financial statements of Bhavani Khandasari Sugars on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Bhavani Khandasari Sugars has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bhavani Khandasari Sugars is U15424KA2000PLC027713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavani Khandasari Sugars has 2 court cases on record: 2 filed against it.
Bhavani Khandasari Sugars was incorporated on 30 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bhavani Khandasari Sugars by revenue are Penganga Sakhar Karkhana Private Limited, UK Farmer Producer Company Limited, Manorama Rupamata Natural Sugar Private Limited, Glufro Starch Sugar Private Limited, Diabliss Consumer Products Private Limited, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).
Rajshaker Nitture Vishwanath Rao ceased to be Director on 30 Aug 2024. Rajshekhar Ishwarappa Koujalgi ceased to be Director on 30 Aug 2024. Satyanarayana Premanathsa Raibagi ceased to be Director on 30 Aug 2024. Bhavani Khandasari Sugars has 13 board changes on record in total.
The registered office of Bhavani Khandasari Sugars is at Sy. No. 289Aa2 Village Baroor Taluka Bidar, Karnataka, India – 585257.
Bhavani Khandasari Sugars operates in the agriculture industry, in the sugar processing segment.
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