About NCS Sugars Limited
Data last updated:
NCS Sugars Limited is a public 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 06 June 2002.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U15421TG2002PLC039085. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Narayanam Nageswara Rao (Managing Director) and Zaheerulehsan Mohammed.
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 405 Minar Apartments Deccan Towers Basheerbagh, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2019, the company reported a revenue of ₹71.83 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹6.6 Cr (net margin -9.2%) and EBITDA of -₹5.29 Cr (EBITDA margin -7.4%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2,259.12 Cr and satisfied charges of ₹244.05 Cr on record. Court records list 200 cases involving the company, including 82 filed by the company and 63 filed against it; 42 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in July 2018.
The last known website on record is ncsgroup.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address405 Minar Apartments Deccan Towers Basheerbagh, Hyderabad, Telangana, India – 500001
- 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
Business Activity of NCS Sugars Limited
The main business activities of NCS Sugars are manufacturing, electricity, gas, steam and air condition supply and trade. In detail, this covers food, beverages and tobacco products, electric power generation, transmission and distribution and wholesale trading. 3 activity segments are registered with the MCA.
| 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 |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
| G | Trade | G1 | Wholesale Trading | 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.
Financials of NCS Sugars Limited FY 2019 filings available
NCS Sugars Limited reported revenue of ₹71.83 Cr (down 11% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of NCS Sugars Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 11% fall in the latest year. EBITDA rose 89% 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 NCS Sugars Limited
| 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 | ₹71.83 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.6 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 NCS Sugars Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.2% | •••• | •••• | •••• | •••• |
| 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 NCS 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.
Auditor Details of NCS Sugars Limited
NCS Sugars Limited is audited by P V SATEESH & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P V SATEESH & 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 NCS Sugars Limited
NCS Sugars has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanam Nageswara Rao | Managing Director | 01 Apr 2010 | 16 Years 6 Months | As last reported |
| Zaheerulehsan Mohammed | Director | 19 May 2018 | 8 Years 4 Months | As last reported |
| Rama Rao Jakulla | Director | 10 Aug 2015 | 11 Years 1 Months | As last reported |
Ownership and Shareholding of NCS Sugars 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 NCS Sugars Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2012 | Others | ₹164.19 Cr | Open |
| 31 Dec 2012 | Indian Overseas Bank | ₹11.21 Cr | Open |
| 22 Mar 2010 | Oriental Bank of Commerce | ₹130 Cr | Open |
| 11 Feb 2010 | Others | ₹164.19 Cr | Open |
| 31 Dec 2009 | Oriental Bank of Commerce | ₹40 Cr | Open |
Total charge records: 34 View all charges
Deals & Funding of NCS Sugars Limited
NCS Sugars Limited has 5 deals on record (5 secondary share transfers); the latest was in July 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: NCS Sugars (Nellore) Limited Seller: Tvg Sraac Limited |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shiva Alloys Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Tvg Sraac Limited Seller: an individual |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Tvg Sraac Limited Seller: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: NCS Investments Private Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of NCS Sugars Limited
NCS Sugars Limited has 200 court cases on record: 82 filed by NCS Sugars, 63 filed against it, 55 where it is another party. 42 cases are pending and 158 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 122 | 13 | 27 |
| District courts | 77 | 49 | 15 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 200)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by K.C.P.Sugar and Industries Corporation Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Manikaran Power Limited. | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by National Spot Exchange Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed by the company against National Spot Exchange Limited | Pending |
Full case history
All 200 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 NCS Sugars Limited
NCS Sugars Limited has a workforce of 35 employees as of Apr 06, 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.
CIN History of NCS Sugars Limited
NCS Sugars has one previous CIN (Corporate Identification Number): U15421AP2002PLC039085. The current CIN is U15421TG2002PLC039085, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15421TG2002PLC039085 | Current |
| U15421AP2002PLC039085 | Previous |
Recent Activity on NCS Sugars Limited
NCS Sugars Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Zaheerulehsan Mohammed ceased to be Additional Director on 29 Sep 2018.
60 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for NCS Sugars 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 NCS Sugars 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 NCS Sugars 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 NCS Sugars Limited
NCS 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.
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 NCS Sugars 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 NCS Sugars Limited
NCS Sugars 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.
NCS Sugars is a company under insolvency, formerly operating as a public limited company based in Hyderabad, Telangana, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 06 June 2002 and is registered under CIN U15421TG2002PLC039085. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
NCS Sugars reported revenue of ₹71.83 Cr for FY 2019 (down 11% YoY).
NCS Sugars has 3 current directors:
- Narayanam Nageswara Rao - Managing Director
- Zaheerulehsan Mohammed - Director
- Rama Rao Jakulla - Director
NCS Sugars reported a net loss of ₹6.6 Cr (net margin -9.2%) and EBITDA of -₹5.29 Cr (EBITDA margin -7.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of NCS Sugars is -23% over three years. In the latest year (FY 2019) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of NCS Sugars is U15421TG2002PLC039085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NCS Sugars has open charges of ₹2,259.12 Cr and satisfied charges of ₹244.05 Cr as per latest MCA filings.
NCS Sugars has 200 court cases on record: 82 filed by the company and 63 filed against it. 42 are pending. Most are in the high courts.
NCS Sugars was incorporated on 06 June 2002. It is registered with the Registrar of Companies, Hyderabad.