Hurun India Rich List 2026 edition · 1 director
- #912 N Srinivasan ₹3,200 Cr
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.
| CIN | Status |
|---|---|
| U15421TN1996PLC035549 | Current |
| L15421TN1996PLC035549 | Previous |
Recognitions & Rankings of Coromandel Sugars
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address`Dhun Building` 827 Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryAgriculture, Sugar Processing
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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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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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Financial statements from 2015
Earlier years and trend charts 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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryanarayanan Raamassubramanian | Director | 29 Jun 2016 | 10 Years 3 Months | Current |
| Rakesh Singh Also directs: Coromandel Electric Company Limited, Chennai Super Kings Cricket Limited, Raasi Cement Limited and 1 more | Director | 09 Aug 2016 | 10 Years 2 Months | Current |
| Rupa Gurunath Also directs: Trinetra Cement Limited, Coromandel Electric Company Limited, Ews Finance and Investments Private Limited and 5 more | Director | 25 Apr 2022 | 4 Years 5 Months | Current |
| Lakshmiaparna Sreekumar Also directs: Coromandel Electric Company Limited, Coromandel Travels Limited, India Cements Capital Limited and 1 more | Director | 22 Feb 2024 | 2 Years 7 Months | Current |
| Karuppannan Palaniappan Salem Also directs: Coromandel Electric Company Limited | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Narayanaswamy Srinivasan Also directs: Trinetra Cement Limited, Coromandel Electric Company Limited, E W Stevens & Co Pvt Ltd and 2 more | Director | 22 May 1996 | 30 Years 4 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.S.Subramania Iyer & Co. | Locked | Locked | Locked |
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Ownership and Shareholding of Coromandel Sugars Limited
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Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Coromandel Sugars Limited
Open charges
₹39.76 Cr
Satisfied charges
₹788.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2014 | Hdfc Bank Limited | ₹15 Cr | Open |
| 09 Jun 2000 | Canara Bank | ₹24.76 Cr | Open |
| 08 Sep 2021 | Yes Bank Limited | ₹36 Cr | Satisfied |
| 08 Feb 2021 | Idbi Bank Limited | ₹7.9 Cr | Satisfied |
| 21 Aug 2019 | Hdfc Bank Limited | ₹16.81 Cr | Satisfied |
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sowdambika Finance & Investments Private Limited , Sivasunder Finance & Investments Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Sri Saradha Logistics Private Limited , 3 individuals Seller: Sri Saradha Logistics Private Limited , 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Coromandel Electric Company Limited Seller: Icl Securities Limited , Icl Financial Services Limited |
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Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Coromandel Sugars Limited
Coromandel Sugars Limited has 37 court cases on record: 27 filed by Coromandel Sugars, 1 filed against it, 9 where it is another party. 9 cases are pending and 28 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
37
Filed by the company
27
Filed against the company
1
Pending
9
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 1 | 9 |
| District courts | 5 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Chamundeshwari Electricity Supply Corporation Limited | Pending |
| High Court for State of Telangana | Revision petition | Company is another party | Pending |
| High Court for State of Telangana | Writ petition | Company is another party | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| High Court of Karnataka | Court case (RP) | Filed by the company against Karnataka Electricity Regulatory Commission Kerc | Pending |
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Full case history
All 37 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
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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Corporate group structure
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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
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI2702G1ZX | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Coromandel Sugars Limited
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Related news about Coromandel Sugars Limited
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:
- Suryanarayanan Raamassubramanian - Director
- Rakesh Singh - Director
- Rupa Gurunath - Director
- Lakshmiaparna Sreekumar - Director
- Karuppannan Palaniappan Salem - Director
- Narayanaswamy Srinivasan - Director
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).