Coromandel Sugars Limited - agriculture in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U15421TN1996PLC035549 Incorporated 22 May 1996 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2025
₹217.76 Cr
▼ 28% YoY
Net profit · FY 2025
₹4.44 Cr
Net margin 2%
EBITDA · FY 2025
₹59.4 Cr
EBITDA margin 27.3%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹14 Cr
Issued & subscribed
Open charges
₹39.76 Cr
Satisfied ₹788.68 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
431
Provident fund records

About Coromandel Sugars Limited

Data last updated:

Coromandel Sugars Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 22 May 1996 and has been in existence for over 30 years.

Its director N Srinivasan is #912 on the Hurun India Rich List 2026.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15421TN1996PLC035549. Its GSTIN is 29AAACI2702G1ZX (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹14 Cr. It was formerly known as Icl Sugars Limited. It is led by directors including Suryanarayanan Raamassubramanian and Rakesh Singh.

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 `Dhun Building` 827 Anna Salai, Chennai, Tamil Nadu, India – 600002.

As per the financials filed for FY 2025, the company reported a revenue of ₹217.76 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹4.44 Cr (net margin 2%) and EBITDA of ₹59.4 Cr (EBITDA margin 27.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.

The company has about 431 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹39.76 Cr and satisfied charges of ₹788.68 Cr on record. Court records list 37 cases involving the company, including 27 filed by the company and 1 filed against it; 9 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹35.5 Cr; the latest was in March 2020. Its 10 peer companies in the Agriculture industry (Sugar) are compared by revenue, 5 larger and 5 smaller; the largest is Naraingarh Sugar Mills Limited with revenue of ₹229.19 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 coromandelsugar.com.

Company Details of Coromandel Sugars Limited
CIN U15421TN1996PLC035549
Registration Number 035549
Incorporation Date 22 May 1996
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN History of Coromandel Sugars Limited

Coromandel Sugars has one previous CIN (Corporate Identification Number): L15421TN1996PLC035549. The current CIN is U15421TN1996PLC035549, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15421TN1996PLC035549Current
L15421TN1996PLC035549Previous

Recognitions & Rankings of Coromandel Sugars

Hurun India Rich List 2026 edition · 1 director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    `Dhun Building` 827 Anna Salai, Chennai, Tamil Nadu, India – 600002
  • Industry
    Agriculture, Sugar Processing
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Financials, compliance, directors, charges, ownership and filings for Coromandel Sugars Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Coromandel Sugars Limited

The main business activity of Coromandel Sugars is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Financials of Coromandel Sugars Limited FY 2025 filings available

Coromandel Sugars Limited reported revenue of ₹217.76 Cr (down 28% YoY) for FY 2025.

Revenue · FY 2025
₹217.76 Cr ▼ 28%
Net profit · FY 2025
₹4.44 Cr margin 2%
EBITDA · FY 2025
₹59.4 Cr margin 27.3%

Compounded Annual Growth Rate (CAGR) of Coromandel Sugars Limited

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 11%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 15%
5 years · compounded
▲ 4%

Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 28% fall in the latest year. EBITDA rose 25% 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 of Coromandel Sugars Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹59.4 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹4.44 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 Coromandel Sugars Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin27.3%••••••••••••••••
Net Profit Margin2%••••••••••••••••
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 Coromandel Sugars are in the company report.

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Board of Directors of Coromandel Sugars Limited

Coromandel Sugars has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suryanarayanan RaamassubramanianDirector29 Jun 201610 Years 3 MonthsCurrent
Rakesh SinghDirector09 Aug 201610 Years 2 MonthsCurrent
Rupa GurunathDirector25 Apr 20224 Years 5 MonthsCurrent
Lakshmiaparna SreekumarDirector22 Feb 20242 Years 7 MonthsCurrent
Karuppannan Palaniappan SalemDirector01 Aug 20233 Years 2 MonthsCurrent
Narayanaswamy SrinivasanDirector22 May 199630 Years 4 MonthsCurrent

Peer Comparison of Coromandel Sugars Limited

Coromandel Sugars Limited is compared with the companies closest to it by revenue in the Agriculture industry (Sugar). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Naraingarh Sugar Mills Limited Listed₹229.19 Cr (FY 2024)••••••••3.0%••••Ambala, Haryana, India
Atharv Intertrade Private Limited₹224.02 Cr (FY 2024)••••••••39.0%••••Sindhudurg, Maharashtra, India
Sangamnath Sugars Limited₹221.59 Cr (FY 2025)••••••••-24.0%••••Gadag, Karnataka, India
Aakriti Sugar Mills Private Limited₹221.25 Cr (FY 2025)••••••••58.0%••••Indore, Madhya Pradesh, India
Shiur Sakhar Karkhana Limited₹220.25 Cr (FY 2025)••••••••23.0%••••Hingoli, Maharashtra, India
Coromandel Sugars Limited this company₹217.76 Cr (FY 2025)••••••••-28.0%••••Chennai, Tamil Nadu, India
NSL Krishnaveni Sugars Limited₹217.47 Cr (FY 2025)••••••••-20.0%••••Hyderabad, Telangana, India
Davangere Sugar Company Limited₹216.76 Cr (FY 2025)••••••••-3.0%••••Shamanur Road, Davangere, Karnataka, India
Anuraj Sugars Limited₹211.38 Cr (FY 2022)••••••••41.0%••••Pune, Maharashtra, India
Core Green Sugar and Fuels Private Limited₹209.59 Cr (FY 2024)••••••••-32.0%••••Hyderabad, Telangana, India
Indian Sugar Manufacturing Company Limited₹207.34 Cr (FY 2023)••••••••30.0%••••Solapur, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Coromandel Sugars by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Coromandel Sugars Limited

Coromandel Sugars Limited is audited by P.S.Subramania Iyer & Co. for the financial year 2022.

NameStatusAppointment DateCessation Date
P.S.Subramania Iyer & Co.LockedLockedLocked
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Ownership and Shareholding of Coromandel Sugars Limited

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Charges & Borrowings of Coromandel Sugars Limited

Open charges
₹39.76 Cr
Satisfied charges
₹788.68 Cr
Breakdown by lending institutions
Canara Bank₹24.76 Cr
Hdfc Bank Limited₹15.00 Cr
Latest charge details
DateLenderAmountStatus
28 May 2014Hdfc Bank Limited₹15 CrOpen
09 Jun 2000Canara Bank₹24.76 CrOpen
08 Sep 2021Yes Bank Limited₹36 CrSatisfied
08 Feb 2021Idbi Bank Limited₹7.9 CrSatisfied
21 Aug 2019Hdfc Bank Limited₹16.81 CrSatisfied

Total charge records: 24 View all charges

Deals & Funding of Coromandel Sugars Limited

Coromandel Sugars Limited has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹35.5 Cr; the latest was in March 2020.

Total deals
4
Secondary share transfers
3
Convertible or debt financing
1
Disclosed funding
₹35.5 Cr

Deals on record (3 of 4)

WhenDealAmountParties
Mar 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Sowdambika Finance & Investments Private Limited , Sivasunder Finance & Investments Private Limited
Mar 2018Secondary share transferUndisclosedBuyer: Sri Saradha Logistics Private Limited , 3 individuals
Seller: Sri Saradha Logistics Private Limited , 2 individuals
Mar 2018Secondary share transferUndisclosedBuyer: Coromandel Electric Company Limited
Seller: Icl Securities Limited , Icl Financial Services Limited
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Coromandel Sugars Limited

Coromandel Sugars Limited has a workforce of 431 employees as of Apr 20, 2024.

Employee count
431
Active EPFO establishments
2
Employee growth
-12.93%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Coromandel Sugars Limited

Coromandel Sugars has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Recent Activity on Coromandel Sugars Limited

Coromandel Sugars Limited has 22 board changes on record since 1996: 8 appointments and 14 cessations. The latest: Lakshmiaparna Sreekumar ceased to be Additional Director on 29 Sep 2024.

Charges
A charge registered on 18 May 2018 via Charge ID 100195250 with Hdfc Bank Limited was fully satisfied on 04 Nov 2025.
AGM
Coromandel Sugars Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 May 2011 via Charge ID 10293188 with Others was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 25 Oct 2018 via Charge ID 100226758 with Others was fully satisfied on 02 Sep 2025.
Charges
A charge registered on 08 Feb 2021 via Charge ID 100420310 with Idbi Bank Limited was fully satisfied on 14 Jul 2025.
Charges
A charge registered on 30 Oct 2008 via Charge ID 10128917 with Idbi Bank Limited was fully satisfied on 14 Jul 2025.
Charges
A charge registered on 08 Sep 2021 via Charge ID 100483953 with Yes Bank Limited was fully satisfied on 04 Jun 2025.
Charges
A charge registered on 25 Oct 2018 via Charge ID 100226752 with Others was fully satisfied on 04 Jun 2025.
Filing
Coromandel Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 24 May 2011 via Charge ID 10291453 with Housing Development Finance Corporation Limited was fully satisfied on 12 Mar 2025.
Charges
A charge registered on 27 Nov 2015 via Charge ID 10611103 with Others was fully satisfied on 13 Nov 2024.
Ceased
Lakshmiaparna Sreekumar ceased to be Additional Director.

69 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Coromandel Sugars Limited

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MSME Payment Delays by Coromandel Sugars Limited

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Subsidiaries & Group Companies of Coromandel Sugars Limited

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GST Compliance of Coromandel Sugars Limited

Coromandel Sugars has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACI2702G1ZXKarnatakaActive01 Jul 2017
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MCA Filings & Documents of Coromandel Sugars Limited

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Related news about Coromandel Sugars Limited

India Cements to sell stake in select subsidiaries
18 Mar 2025 · Thehindubusinessline

Frequently Asked Questions about Coromandel Sugars Limited

Coromandel Sugars is an active public limited company based in Chennai, Tamil Nadu, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 22 May 1996 (30+ years old) and is registered under CIN U15421TN1996PLC035549.

Coromandel Sugars reported revenue of ₹217.76 Cr for FY 2025 (down 28% YoY).

Coromandel Sugars has 6 current directors:

Coromandel Sugars reported a net profit of ₹4.44 Cr (net margin 2%) and EBITDA of ₹59.4 Cr (EBITDA margin 27.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Coromandel Sugars is -11% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Coromandel Sugars is 29AAACI2702G1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Coromandel Sugars is U15421TN1996PLC035549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Coromandel Sugars has 37 court cases on record: 27 filed by the company and 1 filed against it. 9 are pending. Most are in the high courts.

Coromandel Sugars was incorporated on 22 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.

Coromandel Sugars has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹35.5 Cr; the latest was in March 2020.

The peers of Coromandel Sugars by revenue are Naraingarh Sugar Mills Limited, Atharv Intertrade Private Limited, Sangamnath Sugars Limited, Aakriti Sugar Mills Private Limited, Shiur Sakhar Karkhana Limited and 5 more, all in the Agriculture industry (Sugar).

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