About Bilagi Sugar Mill Limited
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Bilagi Sugar Mill Limited is a public limited company based in Bagalkot, Karnataka, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 19 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15429KA2001PLC029788. Its GSTIN is 29AADCB2390L1ZE (Karnataka).
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹35.68 Cr. It is led by directors including Sureshgouda Patil (Whole-Time Director) and Manjunath Tammanna Aralikatti.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 6 Prashant Khb Colony Kaladagi Road, Bagalkot, Karnataka, India – 587102.
As per the financials filed for FY 2025, the company reported a revenue of ₹598.97 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹48.77 Cr (net margin -8.1%) and EBITDA of ₹115.09 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 16% over five years.
The company has about 433 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,239.36 Cr and satisfied charges of ₹650.83 Cr on record. Court records list 141 cases involving the company, including 128 filed by the company and 13 filed against it; 70 cases are pending. The company has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹16.78 Cr; the latest was in March 2018. Its 8 peer companies in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 4 smaller; the largest is Belgaum Sugars Private Limited with revenue of ₹659.7 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bilagisugar.com.
Company details
Contact details
Bilagi Sugar Mill Limited's registered office is in Bagalkot, Karnataka. Its website is bilagisugar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 6 Prashant Khb Colony Kaladagi Road, Bagalkot, Karnataka, India – 587102
- IndustryAgriculture, Sugar Processing
To see the full contact details of Bilagi Sugar Mill 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 Bilagi Sugar Mill 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 Bilagi Sugar Mill Limited, buy the company report.
Financials of Bilagi Sugar Mill Limited
FY 2025 filings availableBilagi Sugar Mill Limited reported revenue of ₹598.97 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 26% growth in the latest year. EBITDA rose 4% 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 | ₹115.09 Cr | ||||
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| Net Profit (PAT) | -₹48.77 Cr | ||||
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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 | 19.2% | ||||
| Net Profit Margin | -8.1% | ||||
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To see the full financial statements and ratios of Bilagi Sugar Mill Limited, buy the company report.
Board of directors of Bilagi Sugar Mill Limited
Bilagi Sugar Mill has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Tammanna Aralikatti | Director | 01 Jul 2019 | 7 Years 3 Months | Current |
| Shivanagouda Rudragouda Patil Also directs: SRP Distillery Private Limited | Director | 07 Dec 2016 | 9 Years 10 Months | Current |
| Hanamanthagouda Lenkanagouda Patil Also directs: Shri Balaji Sugars and Chemicals Private Limited | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
| Uma Shivanagouda Patil Also directs: SRP Distillery Private Limited | Director | 08 Apr 2024 | 2 Years 6 Months | Current |
| Naveen Badri | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Laxman Rudrappa Nirani | Director | 29 Dec 2008 | 17 Years 9 Months | Current |
Peer comparison
Bilagi Sugar Mill Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Belgaum Sugars Private Limited | ₹659.7 Cr (FY 2025) | 32.0% | Gokak, Karnataka, India | |||
| Sri Chamundeswari Sugars Limited | ₹633.11 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Sbec Sugar Limited | ₹631.01 Cr (FY 2025) | -4.0% | Uttar Pradesh, India | |||
| SNJ Sugars and Products Limited | ₹624.92 Cr (FY 2025) | -37.0% | Andhra Pradesh, India | |||
| Bilagi Sugar Mill Limitedthis company | ₹598.97 Cr (FY 2025) | -₹48.77 Cr | -8.1% | 26.0% | 433 | Bagalkot, Karnataka, India |
| Tirupati Food Industries Private Limited | ₹572.28 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Shri Balaji Sugars and Chemicals Private Limited | ₹572.18 Cr (FY 2025) | 20.0% | Bijapur, Karnataka, India | |||
| Jai Hind Sugar Private Limited | ₹562.68 Cr (FY 2025) | 82.0% | Pune, Maharashtra, India | |||
| Indian Sucrose Limited | ₹560.53 Cr (FY 2025) | 3.0% | Punjab, India |
To see the full peer comparison of Bilagi Sugar Mill Limited, buy the company report.
Auditor
Bilagi Sugar Mill Limited is audited by Charantimath & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Charantimath & Associates | FY 2023 | 000601S |
Shareholding
The shareholding of Bilagi Sugar Mill 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 Bilagi Sugar Mill Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2025 | 101148690 | Bank of India | ₹44 Cr | Open | |
| 15 Jul 2025 | 101135802 | Others | ₹22.5 Cr | Open | |
| 18 Jun 2025 | 101109467 | Others | ₹50 Cr | Open | |
| 29 Mar 2025 | 101079803 | Others | ₹160 Cr | Open | |
| 24 Mar 2025 | 101076615 | Others | ₹22.5 Cr | Open |
To see the full charge records of Bilagi Sugar Mill Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
Bilagi Sugar Mill Limited has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹16.78 Cr; the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹64 Lakh | Investors: 4 individuals |
| Jun 2015 | Rights issue | ₹9 Cr | Investors: 4 individuals |
| Mar 2015 | Funding round | ₹2 Cr | Investors: 4 individuals |
| Oct 2013 | Funding round | ₹14.78 Cr | Investors: Others - Bilagi Sugar Mill Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bilagi Sugar Mill Limited has 141 court cases on record: 128 filed by Bilagi Sugar Mill, 13 filed against it. 70 cases are pending and 71 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 114 | 7 | 60 |
| High courts | 23 | 2 | 6 |
| NCLAT | 4 | 4 | 4 |
Cases on record (5 of 141)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed against the company by Indian Renewable Energy Development Agency Limited | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Court case (P.C.) | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Court case (P.C.) | Filed by the company against an individual | Pending |
To see the full case history of Bilagi Sugar Mill 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
Bilagi Sugar Mill Limited was last rated by Brickwork on 22 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 22 Dec 2021 |
To see the full credit ratings and regulatory alerts of Bilagi Sugar Mill Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bilagi Sugar Mill Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bilagi Sugar Mill Limited has a workforce of 433 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Bilagi Sugar Mill has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB2390L1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bilagi Sugar Mill Limited, buy the company report.
Recent activity
Bilagi Sugar Mill Limited has 15 board changes on record since 2002: 7 appointments and 8 cessations. The latest: Uma Shivanagouda Patil ceased to be Additional Director on 29 Sep 2024.
91 earlier events are in the company report.
Frequently asked questions
Bilagi Sugar Mill is an active public limited company based in Bagalkot, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 19 November 2001 (25+ years old) and is registered under CIN U15429KA2001PLC029788.
Bilagi Sugar Mill has 7 current directors:
- Sureshgouda Patil - Whole-Time Director
- Manjunath Tammanna Aralikatti - Director
- Shivanagouda Rudragouda Patil - Director
- Hanamanthagouda Lenkanagouda Patil - Director
- Uma Shivanagouda Patil - Director
- Naveen Badri - Director
- Laxman Rudrappa Nirani - Director
The latest financial statements of Bilagi Sugar Mill on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bilagi Sugar Mill is 29AADCB2390L1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Bilagi Sugar Mill is U15429KA2001PLC029788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bilagi Sugar Mill has 141 court cases on record: 128 filed by the company and 13 filed against it. 70 are pending. Most are in the district courts.
Bilagi Sugar Mill was incorporated on 19 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Bilagi Sugar Mill has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹16.78 Cr; the latest was in March 2018.
The peers of Bilagi Sugar Mill by revenue are Belgaum Sugars Private Limited, Sri Chamundeswari Sugars Limited, Sbec Sugar Limited, SNJ Sugars and Products Limited, Tirupati Food Industries Private Limited and 3 more, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).
Uma Shivanagouda Patil ceased to be Additional Director on 29 Sep 2024. Uma Shivanagouda Patil was appointed as Director on 08 Apr 2024. Naveen Badri was appointed as Director on 30 Nov 2021. Bilagi Sugar Mill has 15 board changes on record in total.
Bilagi Sugar Mill can be reached through the website bilagisugar.com. Its registered office is in Bagalkot, Karnataka, India.