Hindustan Sugars Limited
About Hindustan Sugars Limited
Data last updated:
Hindustan Sugars Limited is a public limited company based in Pune, Maharashtra, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 15 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15420PN2010PLC135795. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹34.93 Cr. It is led by directors including Abhijit Bhalachandra Barge (Managing Director) and Pradip Ashokrao Salunkhe.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 551/52 Ghole Road 1194/26 Shivajinagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.32 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹26.99 Lakh (net margin -165.4%) and EBITDA of -₹25.32 Lakh (EBITDA margin -155.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
Court records list 36 cases involving the company, including 18 filed by the company and 18 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hindustan Sugars Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address551/52 Ghole Road 1194/26 Shivajinagar, Pune, Maharashtra, India – 411005
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Hindustan 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
Financials of Hindustan Sugars Limited
FY 2019 filings availableHindustan Sugars Limited reported revenue of ₹16.32 Lakh (down 44% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 95% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹25.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.99 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -155.2% | ||||
| Net Profit Margin | -165.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hindustan Sugars Limited, buy the company report.
Board of directors of Hindustan Sugars Limited
Hindustan Sugars has 5 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Ashokrao Salunkhe Also directs: Sidus Agribusiness Private Limited | Director | 27 Oct 2013 | 13 Years 0 Months | Current |
| Vijay Venkatesh Patil | Director | 27 Oct 2013 | 13 Years 0 Months | Current |
| Mahesh Ingale | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Abhijit Bhalachandra Barge | Managing Director | 27 Oct 2013 | 13 Years 0 Months | Current |
| Shailesh Parashram Chavan Also directs: Ascensure Holdings Limited | Director | 30 Sep 2012 | 14 Years 0 Months | Current |
Peer comparison
Hindustan Sugars Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Alcoholic Beverages, Sugar), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brewtherhood Foods and Beverages Private Limited | ₹18.08 Lakh (FY 2024) | -44.0% | Aurangabad, Maharashtra, India | |||
| Mema Impex Private Limited | ₹17.75 Lakh (FY 2025) | Lodhika, Gujarat, India | ||||
| Ik Distilleries Private Limited | ₹17.2 Lakh (FY 2021) | -20.0% | Hyderabad, Telangana, India | |||
| Crochet Industries Private Limited | ₹16.85 Lakh (FY 2023) | Gopalpur, Odisha, India | ||||
| R B Sugars Limited | ₹16.45 Lakh (FY 2025) | 108.0% | Lingasugur, Karnataka, India | |||
| Hindustan Sugars Limitedthis company | ₹16.32 Lakh (FY 2019) | -₹26.99 Lakh | -165.4% | -44.0% | Pune, Maharashtra, India | |
| Ceffeo Enterprises Private Limited | ₹15.27 Lakh (FY 2025) | -17.0% | Ghaziabad, Uttar Pradesh, India | |||
| Tap House Beverages Private Limited | ₹15.19 Lakh (FY 2024) | Goa, India | ||||
| Karnak Distillery Private Limited | ₹15.1 Lakh (FY 2023) | 8.0% | Guwahati, Assam, India | |||
| Sarthak Blenders & Bottlers Private Limited | ₹14.73 Lakh (FY 2024) | -29.0% | Mumbai, Maharashtra, India | |||
| Osiya Sugar Mills Private Limited | ₹14.65 Lakh (FY 2025) | Chhindwara, Madhya Pradesh, India |
To see the full peer comparison of Hindustan Sugars Limited, buy the company report.
Auditor
Hindustan Sugars Limited is audited by SHINDE CHAVAN GANDHI & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHINDE CHAVAN GANDHI & COMPANY | FY 2019 | 129980W |
Shareholding
The shareholding of Hindustan Sugars Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hindustan Sugars Limited, buy the company report.
Legal cases
Hindustan Sugars Limited has 36 court cases on record: 18 filed by Hindustan Sugars, 18 filed against it. 3 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 11 | 2 |
| High courts | 16 | 6 | 1 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Vardeshwar Sugar and Agro Products Ltd. and 4 others | Disposed |
| Bombay High Court | Court case (COAPP) | Filed by the company against Ascensure Holdings Ltd. and 6 others | Disposed |
| Bombay High Court | Court case (CAA) | Filed by the company against Isgec Heavy Engineering Ltd. and 6 others | Disposed |
| Bombay High Court | Court case (CAA) | Filed by the company against Ascensure Holdings Ltd. and 6 others | Disposed |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed against the company by individuals | Pending |
To see the full case history of Hindustan 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hindustan Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hindustan Sugars has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hindustan Sugars Limited, buy the company report.
Recent activity
Hindustan Sugars Limited has 39 board changes on record since 2010: 6 appointments and 33 cessations. The latest: Kiran Acharya Gangadhar ceased to be Director on 27 Dec 2020.
30 earlier events are in the company report.
Frequently asked questions
Hindustan Sugars is an active public limited company based in Pune, Maharashtra, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 15 March 2010 (16+ years old) and is registered under CIN U15420PN2010PLC135795.
Hindustan Sugars has 5 current directors:
- Abhijit Bhalachandra Barge - Managing Director
- Pradip Ashokrao Salunkhe - Director
- Vijay Venkatesh Patil - Director
- Mahesh Ingale - Director
- Shailesh Parashram Chavan - Director
The latest financial statements of Hindustan Sugars on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Hindustan Sugars has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Hindustan Sugars is U15420PN2010PLC135795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindustan Sugars has 36 court cases on record: 18 filed by the company and 18 filed against it. 3 are pending. Most are in the district courts.
Hindustan Sugars was incorporated on 15 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Hindustan Sugars by revenue are Brewtherhood Foods and Beverages Private Limited, Mema Impex Private Limited, Ik Distilleries Private Limited, Crochet Industries Private Limited, R B Sugars Limited and 5 more, all in the Agriculture industry (Alcoholic Beverages, Sugar).
Kiran Acharya Gangadhar ceased to be Director on 27 Dec 2020. Yashawant Digambar Patil ceased to be Director on 30 Sep 2019. Shailesh Parashram Chavan ceased to be Director on 29 Sep 2019. Hindustan Sugars has 39 board changes on record in total.
The registered office of Hindustan Sugars is at 55152 Ghole Road 119426 Shivajinagar, Pune, Maharashtra, India – 411005.
Hindustan Sugars operates in the food and beverages industry, in the alcoholic beverage manufacturing and distribution segment.