Panpanela Sugars Private Limited
About Panpanela Sugars Private Limited
Data last updated:
Panpanela Sugars Private Limited is a private limited company based in Raibag, Karnataka, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 18 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15134KA2019PTC122478. Its GSTIN is 29AAKCP4338D1ZA (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors including Varsha Vivek Patil and Bhupal Punekar.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Station Road Station Hill Tal Raibag Dist Belgaum, Karnataka, India – 591317.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.85 Lakh (net margin 11.3%) and EBITDA of ₹59.1 Lakh (EBITDA margin 31.9%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressStation Road Station Hill Tal Raibag Dist Belgaum, Karnataka, India – 591317
- 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 Panpanela Sugars Private Limited
The main business activity of Panpanela Sugars is manufacturing. In detail, this covers manufacture of food products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food 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.
Financials of Panpanela Sugars Private Limited FY 2025 filings available
Panpanela Sugars Private Limited reported revenue of ₹1.85 Cr (up 298% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Panpanela Sugars Private Limited
Revenue rose 298% in the latest year. EBITDA rose 260% 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 Panpanela 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 | ₹59.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.85 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 of Panpanela Sugars Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| 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 Panpanela Sugars are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Panpanela Sugars Private Limited
Panpanela Sugars Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Sugar). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patel Sugar and Khandsari Udhyog Private Limited | •••• | •••• | •••• | •••• | - | Baheri, Uttar Pradesh, India |
| Basaveshwar Sugar & Allied Industries Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Anand Agro Chem India Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| Indaf Engineering & Project Consultants Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Swapnapurti Sugar Limited | •••• | •••• | •••• | •••• | - | Sangli, Maharashtra, India |
| Panpanela Sugars Private Limited this company | •••• | •••• | •••• | •••• | - | Raibag, Karnataka, India |
| Shridham Sugar & Concrete Products Private Limited | •••• | •••• | •••• | •••• | - | Jabalpur, Madhya Pradesh, India |
| Nizam Sugars Limited | •••• | •••• | •••• | •••• | - | Andhra Pradesh, Telangana, India |
| Disha Sugar Engineering India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ranjit Liladhar Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Wilmar Sugar India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Panpanela Sugars by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Panpanela Sugars Private Limited
Panpanela Sugars Private Limited is audited by GOLE ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOLE 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 Panpanela Sugars Private Limited
Panpanela Sugars has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Vivek Patil Also directs: Alap Cattlefeed Manufacturing Company Private Limited | Director | 28 Jun 2019 | 7 Years 3 Months | Current |
| Bhupal Punekar | Director | 18 Mar 2019 | 7 Years 6 Months | Current |
| Pranay Vivek Patil Also directs: Prai Mining Private Limited | Director | 28 Jun 2019 | 7 Years 3 Months | Current |
| Annasaheb Murageppa Mane | Director | 18 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Panpanela 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 Panpanela Sugars Private Limited
Panpanela Sugars Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Panpanela Sugars Private Limited
Employment history and EPFO contributions of people linked to Panpanela Sugars.
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.
Recent Activity on Panpanela Sugars Private Limited
Panpanela Sugars Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Pranay Vivek Patil ceased to be Additional Director on 30 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Panpanela 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 Panpanela 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 Panpanela 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.
GST Compliance of Panpanela Sugars Private Limited
Panpanela Sugars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP4338D1ZA | Karnataka | Active | 03 May 2019 |
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 Panpanela 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.
Frequently Asked Questions about Panpanela Sugars Private Limited
Panpanela Sugars is an active private limited company based in Raibag, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 18 March 2019 (7+ years old) and is registered under CIN U15134KA2019PTC122478.
Panpanela Sugars reported revenue of ₹1.85 Cr for FY 2024 (up 298% YoY).
Panpanela Sugars has 4 current directors:
- Varsha Vivek Patil - Director
- Bhupal Punekar - Director
- Pranay Vivek Patil - Director
- Annasaheb Murageppa Mane - Director
Panpanela Sugars reported a net profit of ₹20.85 Lakh (net margin 11.3%) and EBITDA of ₹59.1 Lakh (EBITDA margin 31.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Panpanela Sugars is 29AAKCP4338D1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Panpanela Sugars is U15134KA2019PTC122478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panpanela Sugars was incorporated on 18 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Panpanela Sugars by revenue are Patel Sugar and Khandsari Udhyog Private Limited, Basaveshwar Sugar & Allied Industries Private Limited, Anand Agro Chem India Limited, Indaf Engineering & Project Consultants Private Limited, Swapnapurti Sugar Limited and 5 more, all in the Agriculture industry (Sugar).
Pranay Vivek Patil ceased to be Additional Director on 30 Dec 2020. Varsha Vivek Patil ceased to be Additional Director on 30 Dec 2020. Pranay Vivek Patil was appointed as Director on 28 Jun 2019. Panpanela Sugars has 6 board changes on record in total.
The registered office of Panpanela Sugars is at Station Road Station Hill Tal Raibag Dist Belgaum, Karnataka, India – 591317.
Panpanela Sugars has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.17 Cr.