Indreshwar Sugar Mills Limited

Indreshwar Sugar Mills Limited - agriculture in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U15421PN2010PLC135614 Incorporated 17 February 2010 ROC Pune HQ Pune, Maharashtra, India
Active Public Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2023
₹217.27 Cr
▼ 36% YoY
Net profit · FY 2023
₹1.59 Cr
Net margin 0.7%
EBITDA · FY 2023
₹12.24 Cr
EBITDA margin 5.6%
Authorised capital
₹47 Cr
Registered with MCA
Paid-up capital
₹29.57 Cr
Issued & subscribed
Open charges
₹294.97 Cr
Satisfied ₹626.92 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
336
Provident fund records

About Indreshwar Sugar Mills Limited

Data last updated:

Indreshwar Sugar Mills Limited is a public limited company based in Pune, Maharashtra, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 17 February 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15421PN2010PLC135614. Its GSTIN is 27AACCI2876F1ZI (Maharashtra).

The company has an authorised share capital of ₹47 Cr and a paid-up capital of ₹29.57 Cr. It was formerly known as Indreshwar Sugar Mills Private Limited. It is led by directors including Bhagyashree Harshvardhan Patil (Managing Director) and Tukaram Dnyandev Toraskar.

Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹217.27 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Cr (net margin 0.7%) and EBITDA of ₹12.24 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 31% over five years.

The company has about 336 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹294.97 Cr and satisfied charges of ₹626.92 Cr on record. Court records list 109 cases involving the company, including 33 filed by the company and 76 filed against it; 20 cases are pending.

Indreshwar Sugar Mills Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0199395). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indreshwarsugar.com.

Company details

CIN U15421PN2010PLC135614
Registration Number 135614
Incorporation Date 17 February 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0199395

CIN history

Indreshwar Sugar Mills has one previous CIN (Corporate Identification Number): U15421PN2010PTC135614. The current CIN is U15421PN2010PLC135614, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15421PN2010PLC135614Current
U15421PN2010PTC135614Previous
Key People
Bhagyashree Harshvardhan Patil Managing Director Tukaram Dnyandev Toraskar Director Tatyasaheb Mahadev Koratkar Director

Recognitions & Rankings of Indreshwar Sugar Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-26-0199395

Contact details

Indreshwar Sugar Mills Limited's registered office is in Pune, Maharashtra. Its website is indreshwarsugar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    indreshwarsugar.com
  • Registered Address
    Jewel Square Bearing Cts No. 15/A Sun Plot B 15/8 (Sr. No. 479C & 480A/1) And 15/9 Of, Ghorpadi, Pune, Maharashtra, India – 411001
  • Industry
    Agriculture, Sugar Processing

To see the full contact details of Indreshwar Sugar Mills Limited, buy the company report.

Comprehensive company report
Indreshwar Sugar Mills Limited - one report that includes everything
  • 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
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Financials of Indreshwar Sugar Mills Limited

FY 2024 filings available

Indreshwar Sugar Mills Limited reported revenue of ₹217.27 Cr (down 36% YoY) for FY 2023.

Revenue · FY 2023
₹217.27 Cr ▼ 36%
Net profit · FY 2023
₹1.59 Cr margin 0.7%
EBITDA · FY 2023
₹12.24 Cr margin 5.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 32%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 27%
5 years · compounded
▼ 17%

Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 27% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹217.27 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹12.24 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.59 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin5.6%
Net Profit Margin0.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
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 Indreshwar Sugar Mills Limited, buy the company report.

Board of directors of Indreshwar Sugar Mills Limited

Indreshwar Sugar Mills has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tukaram Dnyandev Toraskar
Also directs: Ozeras Commodities LLP
Director31 Dec 20214 Years 10 MonthsCurrent
Bhagyashree Harshvardhan Patil
Also directs: Rajvardhan Sugar Mills Limited, Ashti Sugar Limited, Shripad Investments & Holdings Private Limited and 2 more
Managing Director20 Apr 201016 Years 6 MonthsCurrent
Tatyasaheb Mahadev KoratkarDirector23 Apr 20224 Years 6 MonthsCurrent
Sunil Tukaram Zambare
Also directs: Rajvardhan Sugar Mills Limited, Ashti Sugar Limited, Shripad Investments & Holdings Private Limited
Director17 Feb 201016 Years 8 MonthsCurrent
Rajendra Shrirang Koratkar
Also directs: Rajvardhan Sugar Mills Limited, Shripad Investments & Holdings Private Limited
Director17 Feb 201016 Years 8 MonthsCurrent
Ankita Patil Harshvardhan
Also directs: Rajvardhan Sugar Mills Limited, Shripad Investments & Holdings Private Limited, Nab Real Estate Private Limited and 2 more
Director20 Apr 201016 Years 6 MonthsCurrent
View all directors

Auditor

Indreshwar Sugar Mills Limited is audited by A S DESHMUKH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A S DESHMUKH & ASSOCIATESFY 2023144623W

Shareholding

The shareholding of Indreshwar Sugar Mills Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Indreshwar Sugar Mills Limited, buy the company report.

Charges & borrowings

Open charges
₹294.97 Cr
Satisfied charges
₹626.92 Cr
Breakdown by lending institutions
Others₹288.71 Cr
Ministry of Consumer Affairs Food and Public Distribution Department of Food and Public Distribution₹5.18 Cr
Icici Bank Limited₹1.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Dec 2024101040914Others₹40 CrOpen
29 Mar 2024100905989Others₹110 CrOpen
30 Aug 2022100610144Others₹52.93 CrOpen
27 Nov 2021100507203Others₹1.44 CrOpen
18 Jan 2021100432672Others₹1.04 CrOpen

To see the full charge records of Indreshwar Sugar Mills Limited, buy the company report.

Total charge records: 29 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Indreshwar Sugar Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Indreshwar Sugar Mills Limited has a workforce of 336 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
336
Active EPFO establishments
1
Employee growth
-22.76%

GST

Indreshwar Sugar Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCI2876F1ZIMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Indreshwar Sugar Mills Limited, buy the company report.

Recent activity

Indreshwar Sugar Mills Limited has 14 board changes on record since 2010: 6 appointments and 8 cessations. The latest: Tatyasaheb Mahadev Koratkar was appointed as Director on 23 Apr 2022.

Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101040914 was registered on 26 Dec 2024.
Charges
A charge registered on 04 Jul 2015 via Charge ID 10585378 with The Maharashtra State Co-Operative Bank Limited was fully satisfied on 17 Oct 2024.
AGM
Indreshwar Sugar Mills Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
Charges
A charge registered on 20 Dec 2022 via Charge ID 100662181 with Others was fully satisfied on 05 Jul 2024.
Charges
A charge registered on 15 Jun 2016 via Charge ID 100036581 with Others was fully satisfied on 05 Jul 2024.
Charges
A charge registered on 14 Jan 2022 via Charge ID 100544382 with Bank Of India was fully satisfied on 25 Jun 2024.
Filing
Indreshwar Sugar Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 110.00 Cr with Charge ID 100905989 was registered on 29 Mar 2024.
Charges
A charge registered on 08 Aug 2017 via Charge ID 100121518 with Others was fully satisfied on 24 Jan 2023.
Charges
A charge with Others amounted to Rs. 140.00 Cr with Charge ID 100662181 was registered on 20 Dec 2022.
Charges
A charge with Others amounted to Rs. 52.93 Cr with Charge ID 100610144 was registered on 30 Aug 2022.
Charges
A charge registered on 11 Nov 2019 via Charge ID 100303151 with Bank Of India was fully satisfied on 29 Jul 2022.

55 earlier events are in the company report.

Frequently asked questions

Indreshwar Sugar Mills is an active public limited company based in Pune, Maharashtra, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 17 February 2010 (16+ years old) and is registered under CIN U15421PN2010PLC135614.

Indreshwar Sugar Mills has 6 current directors:

The latest financial statements of Indreshwar Sugar Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Indreshwar Sugar Mills is 27AACCI2876F1ZI, registered in Maharashtra.

The CIN (Corporate Identification Number) of Indreshwar Sugar Mills is U15421PN2010PLC135614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Indreshwar Sugar Mills has 109 court cases on record: 33 filed by the company and 76 filed against it. 20 are pending. Most are in the district courts.

Indreshwar Sugar Mills was incorporated on 17 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.

Tatyasaheb Mahadev Koratkar was appointed as Director on 23 Apr 2022. Tukaram Dnyandev Toraskar was appointed as Director on 31 Dec 2021. Rajwardhan Harshwardhan Patil ceased to be Director on 03 May 2021. Indreshwar Sugar Mills has 14 board changes on record in total.

Yes, Indreshwar Sugar Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0199395).

Indreshwar Sugar Mills can be reached through the website indreshwarsugar.com. Its registered office is in Pune, Maharashtra, India.