NCS Sugars (Nellore) Limited
About NCS Sugars (Nellore) Limited
Data last updated:
NCS Sugars (Nellore) Limited was a public limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the sugar processing segment of the agriculture sector. It was incorporated on 05 December 1994.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG1994PLC018859. Its GSTIN is 36AAACG8084D1ZN (Telangana). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹80 Cr and a paid-up capital of ₹75.55 Cr. It was formerly known as Narayanam Exim Corporation Limited and Vdb Sugars Limited. It was led by directors including Ramesh Kumar Edulakanti and Tenneti Sri Ganapathi Trinath.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 405 Minar Apartments Deccan Towers Basheerbagh, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.3 Cr. For the same year it recorded a net loss of ₹11.29 Lakh (net margin -8.7%) and EBITDA of -₹4.11 Lakh (EBITDA margin -3.2%). Revenue has declined at a compounded annual rate (CAGR) of 364% over three years and 53% over five years.
As per MCA filings, the company had satisfied charges of ₹847.29 Cr on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 1 case is pending. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹75.55 Cr; the latest was in September 2018.
Company details
Name history
NCS Sugars (Nellore) has undergone 8 name changes throughout its history. The current legal name is Ncs Sugars (Nellore) Limited.
| Company Name | Status |
|---|---|
| NCS Sugars (Nellore) Limited | Current |
| Narayanam Exim Corporation Limited | Previous |
| Vdb Sugars Limited | Previous |
| Padmavathy Infra Limited | Previous |
| Nrr Industries Limited | Previous |
| Nrr Enterprises Limited | Previous |
| Amaravathi Renewable Energies Limited | Previous |
| Padmavathy Exim Corporation Limited | Previous |
| Padmavathy Renewable Energies Limited | Previous |
CIN history
NCS Sugars (Nellore) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74900TG1994PLC018859, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG1994PLC018859 | Current |
| U15421AP1994PLC018859 | Previous |
| U15421TG1994PLC018859 | Previous |
Contact details
NCS Sugars (Nellore) Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address405 Minar Apartments Deccan Towers Basheerbagh, Hyderabad, Telangana, India – 500001
- IndustryAgriculture, Sugar Processing
To see the full contact details of NCS Sugars (Nellore) 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 NCS Sugars (Nellore) 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 NCS Sugars (Nellore) Limited, buy the company report.
Financials of NCS Sugars (Nellore) Limited
FY 2021 filings availableNCS Sugars (Nellore) Limited reported revenue of ₹1.3 Cr for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years. EBITDA fell 126% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.3 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.29 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | ||||
| Net Profit Margin | -8.7% | ||||
| 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 NCS Sugars (Nellore) Limited, buy the company report.
Board of directors of NCS Sugars (Nellore) Limited
NCS Sugars (Nellore) has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Edulakanti Also directs: Ncircle Exim LLP, Seethanagaram Industries Private Limited, NNR Agri Industries Private Limited and 1 more | Director | 02 Aug 2022 | 4 Years 2 Months | As last reported |
| Tenneti Sri Ganapathi Trinath | Director | 05 Feb 2018 | 8 Years 8 Months | As last reported |
| Zaheerulehsan Mohammed | Director | 05 Feb 2018 | 8 Years 8 Months | As last reported |
| Rama Rao Jakulla | Director | 20 Feb 2016 | 10 Years 8 Months | As last reported |
Auditor
NCS Sugars (Nellore) Limited is audited by BALAJI ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAJI ASSOCIATES | FY 2019 | 005929S |
Shareholding
The shareholding of NCS Sugars (Nellore) Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of NCS Sugars (Nellore) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2010 | 10198387 | Indian Bank | ₹253.8 Cr | Satisfied | |
| 24 Dec 2009 | 10194660 | Indian Bank | ₹136.8 Cr | Satisfied | |
| 24 Dec 2009 | 10194484 | Indian Bank | ₹117 Cr | Satisfied | |
| 23 Jan 2009 | 10144835 | Indian Bank | ₹210 Cr | Satisfied | |
| 30 Mar 2006 | 80047984 | Clear Water Capital Partners India Pvt Ltd | ₹30 Cr | Satisfied |
To see the full charge records of NCS Sugars (Nellore) Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
NCS Sugars (Nellore) Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹75.55 Cr; the latest was in September 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Acquisition | Undisclosed | Buyer: NCS Investments Private Limited Seller: NCS Infotech Private Limited |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: NCS Infotech Private Limited , an individual Seller: NCS Investments Private Limited , an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: NCS Investments Private Limited Seller: NCS Infotech Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: NCS Infotech Private Limited , 3 individuals Seller: Sarita Finance Ltd , 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: NCS Investments Private Limited , 3 individuals Seller: VDB Projects Private Limited |
To see the full deal history of NCS Sugars (Nellore) 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
NCS Sugars (Nellore) Limited has 10 court cases on record: 9 filed by NCS Sugars (Nellore), 1 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Chamunda Engineering Pvt. Ltd. Thro. Dire. Babubhai N. Mistri and Jashuben B. Mistri THR. Mahendrab | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Commissioner of Sugar and Cane Commissioner, | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Assistant Commissioner (CT) (Vmu-I), Nellore Division, and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Commissioner of Sugar and Cane Commissioner, and 4 others | Disposed |
| High Court | Writ petition | Filed by the company against Assistant Commissioner (CT) (Vmu-I), and 3 others | Disposed |
To see the full case history of NCS Sugars (Nellore) 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 NCS Sugars (Nellore) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NCS Sugars (Nellore) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACG8084D1ZN | Telangana | Active | 20 Nov 2017 |
To see the full GST registrations and return filing status of NCS Sugars (Nellore) Limited, buy the company report.
Recent activity
NCS Sugars (Nellore) Limited has 24 board changes on record since 2007: 4 appointments and 20 cessations. The latest: Ramesh Kumar Edulakanti was appointed as Director on 02 Aug 2022.
62 earlier events are in the company report.
Frequently asked questions
NCS Sugars (Nellore) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
NCS Sugars (Nellore) was a public limited company based in Hyderabad, Telangana, India. The company worked in sugar processing, within the agriculture industry. It was incorporated on 05 December 1994 and is registered under CIN U74900TG1994PLC018859. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
NCS Sugars (Nellore) was incorporated on 05 December 1994. It is registered with the Registrar of Companies, Hyderabad.
NCS Sugars (Nellore) had 4 directors:
- Ramesh Kumar Edulakanti - Director
- Tenneti Sri Ganapathi Trinath - Director
- Zaheerulehsan Mohammed - Director
- Rama Rao Jakulla - Director
The CIN (Corporate Identification Number) of NCS Sugars (Nellore) is U74900TG1994PLC018859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of NCS Sugars (Nellore) is at 405 Minar Apartments Deccan Towers Basheerbagh, Hyderabad, Telangana, India – 500001.
The latest financial statements of NCS Sugars (Nellore) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of NCS Sugars (Nellore) is 36AAACG8084D1ZN, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
NCS Sugars (Nellore) operated in the agriculture industry, in the sugar processing segment.
NCS Sugars (Nellore) has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹75.55 Cr; the latest was in September 2018.