Harinagar Sugar Mills Limited - Company Profile

It is a agriculture public limited company based in Mumbai, Maharashtra, India, established in 1933.
1933 Mumbai, Maharashtra, India Active
Last Updated:
About Harinagar Sugar Mills Limited

Harinagar Sugar Mills Limited, a active public limited company, was established on 03 January 1933 in Mumbai, Maharashtra, India. Engaging in sugar processing within the manufacturing sector, it holds CIN: U15420MH1933PLC001918. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.60 M.

It upholds a compliant status. Employing 1,392 professional, Its leadership includes Vivek Madhavlal Pittie (Whole-Time Director), Ajaykumar Malchand Sharma (Director), Neeta Vivek Pittie (Whole-Time Director). Past directors included Prakash Shankarappa Goud, Ajaykumar Malchand Sharma, Laxminarayan Babulal Agrawal. It holds ₹726.94 Cr open charges and ₹320.83 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at World Trade Centre, Centre No.1,, 10Th Floor, Cuffe Parade,, Mumbai, Maharashtra, 400005.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U15420MH1933PLC001918

  • Registration Number

    001918

  • Incorporation Date

    03 January 1933

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.60 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.60 M
  • Company Age 93 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 726.94 Cr
  • Satisfied Charges ₹ 320.83 Cr
  • Revenue Growth **** 28.57%
  • Profit Growth **** 1.06%
  • Ebitda **** 19.66%
  • Net Worth 3.03%
  • Total Assets **** 3.69%
Company report

Harinagar Sugar Mills Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Harinagar Sugar Mills Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Harinagar Sugar Mills Limited?
Current Directors
Name Designation Appointment Date Status
Vivek Madhavlal Pittie Whole-Time Director 01 Apr 1995 Current
Ajaykumar Malchand Sharma Director 01 Oct 2024 Current
Neeta Vivek Pittie Whole-Time Director 01 Apr 2025 Current
Sulochana Madhavlal Pittie Whole-Time Director 26 May 2018 Current
Damyanti Madhusudanlal Pittie Whole-Time Director 26 Aug 2011 Current
Krishna Pratap Singh Director 01 Jul 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Dec 2016 Past
Pramod Abcsdd Director 30 Sep 2021 Past
Pramod Abcsdd Director 16 May 2024 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Whole-Time Director 01 Sep 2019 Past
Pramod Abcsdd Whole-Time Director 11 Apr 2018 Past

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Financial Performance of Harinagar Sugar Mills.

Harinagar Sugar Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.57% increase. The company also saw a slight improvement in profitability, with a 1.06% increase in profit. The company's net worth moved up by a moderate rise of 3.03%.

Harinagar Sugar Mills revenue growth over time
Harinagar Sugar Mills profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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28.57%
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Revenue from Operations
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28.09%
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Total Assets
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3.69%
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Profit or Loss
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1.06%
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Net Worth
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3.03%
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EBITDA
*******
19.66%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Harinagar Sugar Mills?

In 2023, Harinagar Sugar Mills had a promoter holding of 85.41% and a public holding of 14.59%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹7,269,401,443.00

Satisfied Charges

₹3,208,326,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 588.22 Cr
  • Others : 82.60 Cr
  • Hdfc Bank Limited : 56.12 Cr
Latest Charge Details
Date Lender Amount Status
26 Jul 2024 Others ₹70.20 Cr Open
26 Jul 2024 Others ₹12.40 Cr Open
26 Mar 2024 Hdfc Bank Limited ₹21.00 Cr Open
12 Jun 2023 Hdfc Bank Limited ₹34.00 Cr Open
25 May 2023 Hdfc Bank Limited ₹4.57 M Open

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How Many Employees Work at Harinagar Sugar Mills?

Harinagar Sugar Mills has a workforce of 1392 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Harinagar Sugar Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Harinagar Sugar Mills's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Harinagar Sugar Mills
Recent Activity within the Organization
  • Annual General Meeting

    The activity Harinagar Sugar Mills Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Neeta Vivek Pittie was appointed as a Whole-time director was appointed as a Whole-time director on 01 Apr 2025 & has been associated with this company since 11 months 10 days . was completed.

  • Balance Sheet

    The activity Harinagar Sugar Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Ajaykumar Malchand Sharma was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Charges

    A charge with Others amounted to Rs. 70.20 Cr with Charge ID 100959060 was registered on 26 Jul 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 12.40 Cr with Charge ID 100959405 was registered on 26 Jul 2024. was documented.

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Frequently Asked Questions
What is the CIN of Harinagar Sugar Mills Limited?

The CIN of Harinagar Sugar Mills Limited is U15420MH1933PLC001918.

Where is Harinagar Sugar Mills Limited headquartered?

Harinagar Sugar Mills Limited is headquartered at World Trade Centre, Centre No.1,, 10Th Floor, Cuffe Parade,, Mumbai, Maharashtra, 400005.

When was Harinagar Sugar Mills Limited incorporated?

Harinagar Sugar Mills Limited was incorporated on 03 January 1933.

Who are the current directors of Harinagar Sugar Mills Limited?
What is the primary industry of Harinagar Sugar Mills Limited?

The primary industry of Harinagar Sugar Mills Limited is Manufacturing.

Is Harinagar Sugar Mills Limited a listed company?

Harinagar Sugar Mills Limited is unlisted.

What is the capital structure of Harinagar Sugar Mills Limited?

The authorized capital of Harinagar Sugar Mills Limited is ₹1.00 Cr, and the paid-up capital is ₹9.60 M.

What is the compliance status of Harinagar Sugar Mills Limited?

The compliance status of Harinagar Sugar Mills Limited is Compliant.

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