Sudalagunta Sugars Limited
About Sudalagunta Sugars Limited
Data last updated:
Sudalagunta Sugars Limited is a public limited company based in Chittoor, Andhra Pradesh, India, a subsidiary of Sudalagunta Hotels Limited. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 12 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15424AP1994PLC018279. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹62.42 Cr. It is led by directors including Sudalagunta Jayaram Chowdary (Managing Director) and Sudalagunta Krishna Kalyan Kumar.
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 Mayura Nagar Katur Post B. N. Kandriga Mandal, Chittoor, Andhra Pradesh, India – 517644.
As per the financials filed for FY 2019, the company reported a revenue of ₹154.63 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹41.02 Cr (net margin -26.5%) and EBITDA of -₹32.25 Cr (EBITDA margin -20.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹300.49 Cr and satisfied charges of ₹564.93 Cr on record. Court records list 119 cases involving the company, including 52 filed by the company and 69 filed against it; 43 cases are pending. The company has 17 deals on record (13 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹28.32 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sudalagunta Sugars has one previous CIN (Corporate Identification Number): L15424AP1994PLC018279. The current CIN is U15424AP1994PLC018279, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15424AP1994PLC018279 | Current |
| L15424AP1994PLC018279 | Previous |
Contact details
Sudalagunta Sugars Limited's registered office is in Chittoor, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressMayura Nagar Katur Post B. N. Kandriga Mandal, Chittoor, Andhra Pradesh, India – 517644
- IndustryAgriculture, Sugar Processing
To see the full contact details of Sudalagunta 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 Sudalagunta Sugars Limited
FY 2019 filings availableSudalagunta Sugars Limited reported revenue of ₹154.63 Cr (down 35% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 35% fall 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 | ₹154.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹32.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.02 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.9% | ||||
| Net Profit Margin | -26.5% | ||||
| 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 Sudalagunta Sugars Limited, buy the company report.
Board of directors of Sudalagunta Sugars Limited
Sudalagunta Sugars has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudalagunta Krishna Kalyan Kumar | Director | 01 Jun 2006 | 20 Years 5 Months | Current |
| Veerapa Naidu Sudalagunta Also directs: Sudalagunta Hotels Limited | Director | 18 Apr 1998 | 28 Years 6 Months | Current |
| Prameela Sudalagunta | Director | 19 Dec 2014 | 11 Years 10 Months | Current |
| Sudalagunta Jayaram Chowdary | Managing Director | 01 Apr 2014 | 12 Years 7 Months | Current |
Auditor
Sudalagunta Sugars Limited is audited by N R T & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N R T & ASSOCIATES | FY 2019 | 017770S |
Shareholding
The shareholding of Sudalagunta 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 Sudalagunta Sugars Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2017 | 100142568 | State Bank of India | ₹30 Cr | Open | |
| 17 Oct 2017 | 100143736 | Others | ₹50.72 Cr | Open | |
| 03 Oct 2017 | 100142583 | State Bank of India | ₹5 Cr | Open | |
| 15 Sep 2017 | 100123516 | Indian Bank | ₹44.24 Cr | Open | |
| 28 Aug 2017 | 100124087 | Others | ₹15 Cr | Open |
To see the full charge records of Sudalagunta Sugars Limited, buy the company report.
Total charge records: 64 View all charges
Deals & funding
Sudalagunta Sugars Limited has 17 deals on record (13 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹28.32 Cr; the latest was in March 2018.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹9.64 Cr | Investors: Sudalagunta Agro Mills Limited (Under Part Ix), Sudalagunta Flour Mills Limited (Under Part Ix), Sudalagunta Hotels Limited |
| May 2014 | Secondary share transfer | Undisclosed | Seller: Industrial Investment Bank of India Limited. |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Industrial Investment Bank of India Limited. |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Sudalagunta Hotels Limited Seller: Industrial Investment Bank of India Limited. |
| Mar 2012 | Funding round | ₹16.33 Cr | Investors: Sudalagunta Hotels Limited , Sudalagunta Agro Mills Limited (Under Part Ix), Sudalagunta Flour Mills Limited (Under Part Ix), an individual |
To see the full deal history of Sudalagunta Sugars Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sudalagunta Sugars Limited has 119 court cases on record: 52 filed by Sudalagunta Sugars, 69 filed against it. 43 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 106 | 57 | 40 |
| District courts | 11 | 10 | 3 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 119)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by M/S Kamineni Hospitals Pvt. Ltd. | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Malladi Drugs and Pharmaceuticals Limited | Pending |
| Calcutta High Court | Court case (CS-COM) | Filed against the company by Terai Overseas Private Limited | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against M/S. National Spot Exchange Limited, and 6 others | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by Viceroy Hotels Limited | Pending |
To see the full case history of Sudalagunta 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.
Credit ratings & regulatory alerts
Sudalagunta Sugars Limited was last rated by Crisil on 25 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Nov 2020 |
To see the full credit ratings and regulatory alerts of Sudalagunta Sugars Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sudalagunta Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sudalagunta 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 Sudalagunta Sugars Limited, buy the company report.
Recent activity
Sudalagunta Sugars Limited has 15 board changes on record since 1998: 4 appointments and 11 cessations. The latest: Chaitanya Kiran Immaneni ceased to be Irp/Rp/Liquidator on 23 May 2025.
136 earlier events are in the company report.
Frequently asked questions
Sudalagunta Sugars is an active public limited company based in Chittoor, Andhra Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 12 September 1994 (32+ years old) and is registered under CIN U15424AP1994PLC018279.
Sudalagunta Sugars has 4 current directors:
- Sudalagunta Jayaram Chowdary - Managing Director
- Sudalagunta Krishna Kalyan Kumar - Director
- Veerapa Naidu Sudalagunta - Director
- Prameela Sudalagunta - Director
The latest financial statements of Sudalagunta 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. Sudalagunta Sugars has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sudalagunta Sugars is U15424AP1994PLC018279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sudalagunta Sugars has 119 court cases on record: 52 filed by the company and 69 filed against it. 43 are pending. Most are in the high courts.
Sudalagunta Sugars was incorporated on 12 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sudalagunta Sugars has 17 deals on record (13 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹28.32 Cr; the latest was in March 2018.
Chaitanya Kiran Immaneni ceased to be Irp/Rp/Liquidator on 23 May 2025. Nagireddy Dattatreya ceased to be Managing Director on 13 Aug 2020. Venkata Satya Ellari Naga Durga Sesha Sai Chittajallu ceased to be Company Secretary on 07 Jan 2020. Sudalagunta Sugars has 15 board changes on record in total.
The registered office of Sudalagunta Sugars is at Mayura Nagar Katur Post B. N. Kandriga Mandal, Chittoor, Andhra Pradesh, India – 517644.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
