About Natems Sugar Private Limited
Data last updated:
Natems Sugar Private Limited is a private limited company based in Hyderabad, Telangana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 03 March 2014.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U15421TG2014PTC093249. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹116.97 Cr. It was formerly known as Natems Sugar Limited. It is led by directors including Mattu Srinivas Reddy (Whole-Time Director) and Ramanujula Nanda Kumar Ramnath (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2019, the company reported a revenue of ₹97.5 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net loss of ₹30.14 Cr (net margin -30.9%) and EBITDA of -₹5.81 Cr (EBITDA margin -6%).
The company has about 288 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹41.71 Cr on record. Court records list 57 cases involving the company, including 15 filed by the company and 42 filed against it; 30 cases are pending. The company has 9 deals on record (3 funding rounds, 2 rights issues, 2 convertible or debt financings), with disclosed funding of ₹116.27 Cr; the latest was in March 2018.
The last known website on record is natems.com.
Company details
CIN history
Natems Sugar has one previous CIN (Corporate Identification Number): U15421TG2014PLC093249. The current CIN is U15421TG2014PTC093249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15421TG2014PTC093249 | Current |
| U15421TG2014PLC093249 | Previous |
Contact details
Natems Sugar Private Limited's registered office is in Hyderabad, Telangana. Its website is natems.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressIII Floor Plot No. 22 Survey No. 90/1 Trendz Eternity Green Land Colony Gach, Ibowli, Hyderabad, Telangana, India – 500032
- IndustryAgriculture, Sugar Processing
To see the full contact details of Natems Sugar Private 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
Business activity
The main business activity of Natems Sugar is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Natems Sugar Private Limited, buy the company report.
Financials of Natems Sugar Private Limited
FY 2019 filings availableNatems Sugar Private Limited reported revenue of ₹97.5 Cr (up 54% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 54% in the latest 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 | ₹97.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.14 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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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6% | ||||
| Net Profit Margin | -30.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Natems Sugar Private Limited, buy the company report.
Board of directors of Natems Sugar Private Limited
Natems Sugar has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mattu Srinivas Reddy Also directs: Neta Analytics Private Limited | Whole-Time Director | 04 Dec 2023 | 2 Years 10 Months | As last reported |
| Ramanujula Nanda Kumar Ramnath Also directs: Sregha Private Limited, Pharmol (India) Private Limited, Trident Sugars Limited and 5 more | Whole-Time Director | 03 Mar 2014 | 12 Years 7 Months | As last reported |
| Gopalsamy Vasudevan | Whole-Time Director | 23 Mar 2023 | 3 Years 7 Months | As last reported |
Auditor
Natems Sugar Private Limited is audited by RAM & KUMAR for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAM & KUMAR | FY 2019 | 002817S |
Shareholding
The shareholding of Natems Sugar Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | 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 Natems Sugar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2018 | 100168535 | Others | ₹60 Cr | Open | |
| 17 Apr 2019 | 100258346 | Bank of India | ₹9.5 Cr | Satisfied | |
| 03 Nov 2018 | 100213482 | Bank of India | ₹3 Cr | Satisfied | |
| 13 Aug 2018 | 100256073 | Others | ₹15 Cr | Satisfied | |
| 03 Apr 2017 | 100087646 | Others | ₹14.21 Cr | Satisfied |
To see the full charge records of Natems Sugar Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Natems Sugar Private Limited has 9 deals on record (3 funding rounds, 2 rights issues, 2 convertible or debt financings), with disclosed funding of ₹116.27 Cr; the latest was in March 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹55 Cr | Investors: an individual |
| Mar 2018 | Rights issue | ₹163.81 Cr | Investors: Natems Sugar Holdings Uk Limited, an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Natems Power Private Limited , Nanda Venttures Private Limiited, 2 individuals |
| Sep 2015 | Rights issue | ₹12.41 Cr | Investors: 2 individuals |
To see the full deal history of Natems Sugar Private 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
Natems Sugar Private Limited has 57 court cases on record: 15 filed by Natems Sugar, 42 filed against it. 30 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 34 | 25 |
| High courts | 20 | 6 | 5 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed by the company against The Securities Trading Corporation of India Limited and 2 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Stci Finance Limited | Pending |
| District court, RAMANAGARA, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Carl Bechem Lubricants (India) Pvt. Ltd.Rep. by Its Authorized Signatory Mahesh Maiya P | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Stci Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Stci Finance Limited | Pending |
To see the full case history of Natems Sugar Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Natems Sugar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Natems Sugar has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Trident Sugars Limited | U15424TG2002PLC119553 |
To see the full group structure of Natems Sugar Private Limited, buy the company report.
Employees & EPFO
Natems Sugar Private Limited has a workforce of 288 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Natems Sugar has 3 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 Natems Sugar Private Limited, buy the company report.
Recent activity
Natems Sugar Private Limited has 13 board changes on record since 2014: 3 appointments and 10 cessations. The latest: Chinteswara Rao Chennamsetti ceased to be Whole-Time Director on 10 Jun 2024.
13 earlier events are in the company report.
Frequently asked questions
Natems Sugar is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Natems Sugar is a company under insolvency, formerly operating as a private limited company based in Hyderabad, Telangana, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 03 March 2014 and is registered under CIN U15421TG2014PTC093249. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Natems Sugar has 3 current directors:
- Mattu Srinivas Reddy - Whole-Time Director
- Ramanujula Nanda Kumar Ramnath - Whole-Time Director
- Gopalsamy Vasudevan - Whole-Time Director
The latest financial statements of Natems Sugar on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 23 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Natems Sugar is U15421TG2014PTC093249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Natems Sugar has open charges of ₹60 Cr and satisfied charges of ₹41.71 Cr as per latest MCA filings.
Natems Sugar has 57 court cases on record: 15 filed by the company and 42 filed against it. 30 are pending. Most are in the district courts.
Natems Sugar was incorporated on 03 March 2014. It is registered with the Registrar of Companies, Hyderabad.
Natems Sugar has 9 deals on record (3 funding rounds, 2 rights issues, 2 convertible or debt financings), with disclosed funding of ₹116.27 Cr; the latest was in March 2018.
Chinteswara Rao Chennamsetti ceased to be Whole-Time Director on 10 Jun 2024. Mattu Srinivas Reddy was appointed as Whole-Time Director on 04 Dec 2023. Gopalsamy Vasudevan ceased to be Director on 03 Dec 2023. Natems Sugar has 13 board changes on record in total.