Karan Sugars Private Limited
About Karan Sugars Private Limited
Data last updated:
Karan Sugars Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 28 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15420MH2005PTC154288. Its GSTIN is 27AACCK6086H2Z9 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Dharampal Kimatram Kalani and Hiralal Kimatram Kalani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 5A Behind Hotelnataraj Nashik Pune Road Nashik Road, Maharashtra, India – 422101.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.97 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Cr (net margin -4%) and EBITDA of -₹6.67 Lakh (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 313% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tango Group. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No 5A Behind Hotelnataraj Nashik Pune Road Nashik Road, Maharashtra, India – 422101
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
- 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
Associated Brands with Karan Sugars Private Limited
Karan Sugars operates one associated brand: Tango Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand offering a variety of multi-category spirits. | tangoindia.co.in |
Competitors & Alternatives of Karan Sugars Private Limited
Brands and companies operating in the same space as Karan Sugars Private Limited include Diageo, Nao Spirits, John Distilleries and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Diageo | Multi-category alcoholic beverage company | London, United Kingdom | 1886 |
 Nao Spirits | Brand of multi-category alcoholic spirits | Delhi, India | 2017 |
 John Distilleries | Brand of whiskey, rum, brandy, and wines | Bengaluru, India | 1996 |
 Allied Blenders and Distillers | Manufacturer of alcoholic beverages | Mumbai, India | 1986 |
 Tilaknagar Industries | Brand of spirits | Mumbai, India | 1933 |
 G.M.Breweries | Manufacturer and marketer of alcoholic beverages | Mumbai, India | 1981 |
 Jagatjit Industries | Alcoholic beverages and malt products are manufactured and supplied. | Kapurthala, India | 1944 |
 Globus Spirits | IMFL and country liquor are manufactured in North India. | Delhi, India | 1992 |
 Radico Khaitan | Alcoholic beverages such as brandy, whisky, and rum are manufactured. | Delhi, India | 1943 |
 SOM Group of Companies | Liquor is processed and managed by SOM Group of Companies. | Bhopal, India | 1986 |
Business Activity of Karan Sugars Private Limited
The main business activity of Karan Sugars is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Karan Sugars Private Limited
Karan Sugars Private Limited is audited by NATESH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NATESH & 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.
Board of Directors of Karan Sugars Private Limited
Karan Sugars has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharampal Kimatram Kalani Also directs: Deogaon Farms LLP, Neptune Warehousing Services LLP, Priparth Developers LLP and 5 more | Director | 28 Jun 2005 | 21 Years 3 Months | Current |
| Hiralal Kimatram Kalani Also directs: Deogaon Farms LLP, Tango Flavours & Services LLP, Bharat Distilleries Private Limited and 5 more | Director | 28 Jun 2005 | 21 Years 3 Months | Current |
| Kanyalal Kimatram Kalani Also directs: Neptune Warehousing Services LLP, Priparth Developers LLP, Tango Flavours & Services LLP and 5 more | Director | 28 Jun 2005 | 21 Years 3 Months | Current |
Financials of Karan Sugars Private Limited FY 2025 filings available
Karan Sugars Private Limited reported revenue of ₹38.97 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Karan Sugars Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 313%. EBITDA fell 102% 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 Karan Sugars Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.54 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Karan Sugars Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 | •••• | •••• | •••• | •••• | •••• |
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 Karan Sugars 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.
Ownership and Shareholding of Karan Sugars Private 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 Karan Sugars Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2023 | Axis Bank Limited | ₹5 Cr | Open |
| 06 Nov 2009 | Saraswat Cooperative Bank Limited | ₹50 Lakh | Satisfied |
| 13 Mar 2009 | The Saraswat Co-Operative Bank Ltd. | ₹7.5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Karan Sugars Private Limited
Karan Sugars Private Limited has a workforce of 9 employees as of Mar 28, 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.
GST Compliance of Karan Sugars Private Limited
Karan Sugars has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK6086H2Z9 | 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.
Credit Ratings, Litigation & Regulatory Alerts for Karan Sugars Private 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 Karan Sugars Private 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 Karan Sugars Private 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.
MCA Filings & Documents of Karan Sugars Private 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.
Recent Activity on Karan Sugars Private Limited
Frequently Asked Questions about Karan Sugars Private Limited
Karan Sugars is an active private limited company based in Nashik, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 28 June 2005 (21+ years old) and is registered under CIN U15420MH2005PTC154288.
Karan Sugars reported revenue of ₹38.97 Cr for FY 2024 (down 11% YoY).
Karan Sugars has 3 current directors:
- Dharampal Kimatram Kalani - Director
- Hiralal Kimatram Kalani - Director
- Kanyalal Kimatram Kalani - Director
Karan Sugars reported a net loss of ₹1.54 Cr (net margin -4%) and EBITDA of -₹6.67 Lakh (EBITDA margin -0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karan Sugars is 59% over three years and 313% over five years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Karan Sugars is 27AACCK6086H2Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Karan Sugars is U15420MH2005PTC154288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karan Sugars was incorporated on 28 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Karan Sugars is at Plot No 5A Behind Hotelnataraj Nashik Pune Road Nashik Road, Maharashtra, India – 422101.