About Kancheshwar Sugar Limited
Data last updated:
Kancheshwar Sugar Limited is a public limited company based in Solapur, Maharashtra, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 06 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15421PN2011PLC140080. Its GSTIN is 27AAECK4050H1ZO (Maharashtra).
The company has an authorised share capital of ₹75.5 Cr and a paid-up capital of ₹21.16 Cr. It is led by directors including Pandurang Ramrao Zalate (Managing Director) and Anand Siddharam Uppin.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O. Brahmadeodada Mane Sahakari Bank Ltd. 113/A Siddheshwar Peth Opp. Jilha Parishad, Solapur, Maharashtra, India – 413001.
As per the financials filed for FY 2023, the company reported a revenue of ₹258.77 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹7.1 Cr (net margin 2.7%) and EBITDA of ₹27.96 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 27% over five years.
The company has about 488 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹396.9 Cr on record. Court records list 383 cases involving the company, including 15 filed by the company and 25 filed against it; 39 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kancheshwarsugar.com.
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- Registered AddressC/O. Brahmadeodada Mane Sahakari Bank Ltd. 113/A Siddheshwar Peth Opp. Jilha Parishad, Solapur, Maharashtra, India – 413001
- IndustryAgriculture, Sugar Processing
- 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
- One PDF report, delivered after checkout
Financials of Kancheshwar Sugar Limited FY 2024 filings available
Kancheshwar Sugar Limited reported revenue of ₹258.77 Cr (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Kancheshwar Sugar Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 29% growth in the latest year. EBITDA rose 1% 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 Kancheshwar Sugar Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹258.77 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹27.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.1 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 Kancheshwar Sugar Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Kancheshwar Sugar are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Kancheshwar Sugar Limited
Kancheshwar Sugar has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Siddharam Uppin Also directs: Harshalau Tech Private Limited | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
| Pandurang Ramrao Zalate | Managing Director | 18 Jun 2019 | 7 Years 4 Months | Current |
| Shrikant Dattatraya Shinde | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
| Shivaji Dnyanoba Ghodake Also directs: Brahmasumitra Petrochemicals Private Limited | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
Auditor Details of Kancheshwar Sugar Limited
Kancheshwar Sugar Limited is audited by RAHUL V BAHETI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAHUL V BAHETI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Kancheshwar Sugar Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kancheshwar Sugar Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2019 | Others | ₹35 Cr | Open |
| 23 Sep 2019 | Others | ₹48.5 Cr | Satisfied |
| 03 Jul 2019 | Others | ₹13.97 Cr | Satisfied |
| 16 Feb 2019 | Others | ₹50 Cr | Satisfied |
| 01 Oct 2018 | Bank of India | ₹29.75 Cr | Satisfied |
Total charge records: 13 View all charges
Legal Cases of Kancheshwar Sugar Limited
Kancheshwar Sugar Limited has 383 court cases on record: 15 filed by Kancheshwar Sugar, 25 filed against it, 343 where it is another party. 39 cases are pending and 344 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 383 | 25 | 39 |
Cases on record (5 of 383)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint.ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint.ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint.ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint.ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint.ULP) | Filed against the company by an individual | Pending |
Full case history
All 383 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Kancheshwar Sugar Limited
Kancheshwar Sugar Limited has a workforce of 488 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Kancheshwar Sugar Limited
Kancheshwar Sugar Limited has 22 board changes on record since 2011: 13 appointments and 9 cessations. The latest: Kavita Shivaji Ghodake ceased to be Additional Director on 15 Sep 2025.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kancheshwar Sugar Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kancheshwar Sugar Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kancheshwar Sugar Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kancheshwar Sugar Limited
Kancheshwar Sugar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK4050H1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kancheshwar Sugar Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kancheshwar Sugar Limited
Kancheshwar Sugar is an active public limited company based in Solapur, Maharashtra, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 06 July 2011 (15+ years old) and is registered under CIN U15421PN2011PLC140080.
Kancheshwar Sugar reported revenue of ₹258.77 Cr for FY 2023 (up 29% YoY).
Kancheshwar Sugar has 4 current directors:
- Pandurang Ramrao Zalate - Managing Director
- Anand Siddharam Uppin - Director
- Shrikant Dattatraya Shinde - Director
- Shivaji Dnyanoba Ghodake - Director
Kancheshwar Sugar reported a net profit of ₹7.1 Cr (net margin 2.7%) and EBITDA of ₹27.96 Cr (EBITDA margin 10.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kancheshwar Sugar is 19% over three years and 27% over five years. In the latest year (FY 2023) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kancheshwar Sugar is 27AAECK4050H1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kancheshwar Sugar is U15421PN2011PLC140080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kancheshwar Sugar has 383 court cases on record: 15 filed by the company and 25 filed against it. 39 are pending.
Kancheshwar Sugar was incorporated on 06 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Kavita Shivaji Ghodake ceased to be Additional Director on 15 Sep 2025. Kavita Shivaji Ghodake was appointed as Additional Director on 25 Dec 2024. Ashwinkumar Anandrao Bhopale ceased to be Director on 05 Dec 2024. Kancheshwar Sugar has 22 board changes on record in total.