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 384 cases involving the company, including 15 filed by the company and 369 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.
Company details
Contact details
Kancheshwar Sugar Limited's registered office is in Solapur, Maharashtra. Its website is kancheshwarsugar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O. Brahmadeodada Mane Sahakari Bank Ltd. 113/A Siddheshwar Peth Opp. Jilha Parishad, Solapur, Maharashtra, India – 413001
- IndustryAgriculture, Sugar Processing
To see the full contact details of Kancheshwar Sugar 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 Kancheshwar Sugar Limited
FY 2024 filings availableKancheshwar Sugar Limited reported revenue of ₹258.77 Cr (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| 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 | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| 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) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kancheshwar Sugar Limited, buy the company report.
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
Kancheshwar Sugar Limited is audited by RAHUL V BAHETI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL V BAHETI & ASSOCIATES | FY 2023 | 133255W |
Shareholding
The shareholding of Kancheshwar Sugar Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kancheshwar Sugar Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2019 | 100240508 | Others | ₹35 Cr | Open | |
| 23 Sep 2019 | 100292966 | Others | ₹48.5 Cr | Satisfied | |
| 03 Jul 2019 | 100276237 | Others | ₹13.97 Cr | Satisfied | |
| 16 Feb 2019 | 100244311 | Others | ₹50 Cr | Satisfied | |
| 01 Oct 2018 | 100212399 | Bank of India | ₹29.75 Cr | Satisfied |
To see the full charge records of Kancheshwar Sugar Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Kancheshwar Sugar Limited has 384 court cases on record: 15 filed by Kancheshwar Sugar, 369 filed against it. 39 cases are pending and 345 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 383 | 368 | 39 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 384)
| 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 |
To see the full case history of Kancheshwar Sugar 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
Kancheshwar Sugar Limited was last rated by Crisil on 08 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 08 Dec 2020 |
To see the full credit ratings and regulatory alerts of Kancheshwar Sugar Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kancheshwar Sugar Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kancheshwar Sugar Limited has a workforce of 488 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Kancheshwar Sugar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK4050H1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kancheshwar Sugar Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Pandurang Ramrao Zalate - Managing Director
- Anand Siddharam Uppin - Director
- Shrikant Dattatraya Shinde - Director
- Shivaji Dnyanoba Ghodake - Director
The latest financial statements of Kancheshwar Sugar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 384 court cases on record: 15 filed by the company and 369 filed against it. 39 are pending. Most are in the district courts.
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.
Kancheshwar Sugar can be reached through the website kancheshwarsugar.com. Its registered office is in Solapur, Maharashtra, India.
The registered office of Kancheshwar Sugar is at CO. Brahmadeodada Mane Sahakari Bank Ltd. 113A Siddheshwar Peth Opp. Jilha Parishad, Solapur, Maharashtra, India – 413001.