About Gokak Sugars Limited
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Gokak Sugars Limited is a public limited company based in Belgaum, Karnataka, India, a subsidiary of Shree Renuka Sugars Limited. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 22 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15429KA2000PLC026433. Its GSTIN is 29AAEFG9499B2ZY (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹36 Cr and a paid-up capital of ₹35.17 Cr. It is led by directors including Vijendra Singh (Whole-Time Director) and Shripad Rajaram Nerlikar.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd And 3rd Floor Kanakashree Arcade, Cts No. 10634 Jnmc Road Neharu Nagar Belgaum Belagavi Karnataka India, Karnataka, India – 590010.
As per the financials filed for FY 2025, the company reported a revenue of ₹253.26 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹1.81 Cr (net margin -0.7%) and EBITDA of ₹28.89 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 186 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shree Renuka Sugars. As per MCA filings, the company has open charges of ₹65.63 Cr and satisfied charges of ₹138.7 Cr on record. Court records list 21 cases involving the company, including 15 filed by the company and 6 filed against it; 3 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in October 2008. Its 4 peer companies in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 2 smaller; the largest is Mellbro Sugars Private Limited with revenue of ₹258.35 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 29 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website renukasugars.com.
Company details
Contact details
Gokak Sugars Limited's registered office is in Belgaum, Karnataka. Its website is renukasugars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd And 3rd Floor Kanakashree Arcade, Cts No. 10634 Jnmc Road Neharu Nagar Belgaum Belagavi Karnataka India, Karnataka, India – 590010
- IndustryAgriculture, Sugar Processing
To see the full contact details of Gokak 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
Brands
Gokak Sugars operates one associated brand: Shree Renuka Sugars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sugar production and bio-energy. | renukasugars.com |
Business activity
The main business activity of Gokak 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 Gokak Sugars Limited, buy the company report.
Financials of Gokak Sugars Limited
FY 2025 filings availableGokak Sugars Limited reported revenue of ₹253.26 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 34% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹253.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.81 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | -0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Gokak Sugars Limited, buy the company report.
Board of directors and KMP of Gokak Sugars Limited
Gokak Sugars Limited currently reports 5 directors and 1 key managerial person. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijendra Singh Also directs: Shree Renuka Sugars Limited, Anamika Sugar Mills Private Limited, Young Star Global Private Limited and 1 more | Whole-Time Director | 19 Jul 2011 | 15 Years 3 Months | Current |
| Shripad Rajaram Nerlikar | Director | 07 Jan 2012 | 14 Years 10 Months | Current |
| Priyanka Ashit Mallick Also directs: Shree Renuka Sugars Limited, Anamika Sugar Mills Private Limited, KBK Chem-Engineering Private Limited and 1 more | Director | 01 Dec 2022 | 3 Years 11 Months | Current |
| Bharat Vallabhdas Mehta | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Madhu Ramachandra Rao Also directs: Shree Renuka Sugars Limited, Awl Agri Business Limited, GMR Hospitality Limited and 5 more | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
| Sunil Ratanlal Ranka | Cfo | 25 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Gokak Sugars Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Mellbro Sugars Private Limited | ₹258.35 Cr (FY 2025) | -12.0% | Bagalkot, Karnataka, India | |||
| Quinergy Industries Limited | ₹258.12 Cr (FY 2023) | 113.0% | Pune, Maharashtra, India | |||
| Gokak Sugars Limitedthis company | ₹253.26 Cr (FY 2025) | -₹1.81 Cr | -0.7% | 34.0% | 186 | Belgaum, Karnataka, India |
| Autade Sugar and Distilleries Private Limited | ₹244.95 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| Dollex Agrotech Limited | ₹237.46 Cr (FY 2025) | 75.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Gokak Sugars Limited, buy the company report.
Auditor
Gokak Sugars Limited is audited by SRBC & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & Co LLP | FY 2025 | 324982E/E300003 |
Shareholding
The shareholding of Gokak Sugars Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gokak Sugars Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2013 | 10452068 | Indian Renewable Energy Development Agency Limited | ₹65.63 Cr | Open | |
| 17 Jan 2018 | 100147525 | Others | ₹25 Cr | Satisfied | |
| 28 Nov 2017 | 100136624 | Others | ₹25 Cr | Satisfied | |
| 24 Jan 2012 | 10339860 | The Ratnakar Bank Limited | ₹20 Cr | Satisfied | |
| 24 Jan 2012 | 10339864 | Others | ₹26 Cr | Satisfied |
To see the full charge records of Gokak Sugars Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Gokak Sugars Limited has 1 deal on record (1 acquisition); the latest was in October 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2008 | Acquisition | ₹70.85 Cr | Buyer: Shree Renuka Sugars Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gokak Sugars Limited has 21 court cases on record: 15 filed by Gokak Sugars, 6 filed against it. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 1 | 3 |
| District courts | 7 | 5 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Government of Karnataka, | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Shree Renuka Sugars Ltd | Disposed |
| District court, BELAGAVI, Karnataka | Court case (A.C.) | Filed against the company by J and G Mines and Minerals Export Private Ltd Ro Gokak 3 and 36 others | Disposed |
| High Court | Writ petition | Filed by the company against Union of India and 3 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Pending |
To see the full case history of Gokak 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
Gokak Sugars Limited was last rated by Icra on 11 Aug 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Aug 2017 |
To see the full credit ratings and regulatory alerts of Gokak Sugars Limited, buy the company report.
MSME payment delays
Gokak Sugars Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 29 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KBK Chem-Engineering Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gokak Sugars Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gokak Sugars Limited has a workforce of 186 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 186 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Gokak Sugars Limited, buy the company report.
GST
Gokak Sugars has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAEFG9499B2ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gokak Sugars Limited, buy the company report.
Recent activity
Gokak Sugars Limited has 26 board changes on record since 2008: 6 appointments and 20 cessations. The latest: Priyanka Ashit Mallick ceased to be Additional Director on 27 Aug 2023.
34 earlier events are in the company report.
News
Frequently asked questions
Gokak Sugars is an active public limited company based in Belgaum, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 22 February 2000 (26+ years old) and is registered under CIN U15429KA2000PLC026433.
Gokak Sugars has 6 current directors and KMP:
- Vijendra Singh - Whole-Time Director
- Shripad Rajaram Nerlikar - Director
- Priyanka Ashit Mallick - Director
- Bharat Vallabhdas Mehta - Director
- Madhu Ramachandra Rao - Director
- Sunil Ratanlal Ranka - Cfo
The latest financial statements of Gokak Sugars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gokak Sugars is 29AAEFG9499B2ZY, 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 Gokak Sugars is U15429KA2000PLC026433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gokak Sugars has 21 court cases on record: 15 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Gokak Sugars was incorporated on 22 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Gokak Sugars has 1 deal on record (1 acquisition); the latest was in October 2008.
The peers of Gokak Sugars by revenue are Mellbro Sugars Private Limited, Quinergy Industries Limited, Autade Sugar and Distilleries Private Limited, Dollex Agrotech Limited, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).
Priyanka Ashit Mallick ceased to be Additional Director on 27 Aug 2023. Priyanka Ashit Mallick was appointed as Director on 01 Dec 2022. Madhu Ramachandra Rao ceased to be Additional Director on 26 Sep 2019. Gokak Sugars has 26 board changes on record in total.
Gokak Sugars has 8 MSME Form 1 returns on record between 2019 and 2023, listing 29 overdue payments to 7 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Gokak Sugars can be reached through the website renukasugars.com. Its registered office is in Belgaum, Karnataka, India.
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