About Parrys Sugar Limited
Data last updated:
Parrys Sugar Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of E.I.D Parry (India) Limited. 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 24 November 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U15421TN2005PLC058106. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors including Biswa Mohan Rath and Srinivasan Suresh.
Its last annual general meeting (AGM) was held on 07 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Dare House Parrys Corner India, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2023, the company reported a revenue of ₹28.24 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹20.56 Lakh (net margin 72.8%) and EBITDA of ₹27.74 Lakh (EBITDA margin 98.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
As per MCA filings, the company had satisfied charges of ₹50 Cr on record.
The last known website on record is parrysugar.com.
Company details
Contact details
Parrys Sugar Limited's registered office is in Chennai, Tamil Nadu. Its website is parrysugar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDare House Parrys Corner India, Chennai, Tamil Nadu, India – 600001
- IndustryAgriculture, Sugar Processing
To see the full contact details of Parrys Sugar 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 Parrys Sugar Limited
FY 2023 filings availableParrys Sugar Limited reported revenue of ₹28.24 Lakh (up 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 5% growth in the latest year. EBITDA rose 5% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹27.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.56 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.2% | ||||
| Net Profit Margin | 72.8% | ||||
| 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 Parrys Sugar Limited, buy the company report.
Board of directors of Parrys Sugar Limited
Parrys Sugar has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Biswa Mohan Rath Also directs: Parry Infrastructure Company Private Limited | Director | 28 Jun 2018 | 8 Years 3 Months | As last reported |
| Srinivasan Suresh | Director | 23 Jun 2022 | 4 Years 4 Months | As last reported |
| Adepalli Sridhar | Director | 06 Oct 2021 | 5 Years 0 Months | As last reported |
Peer comparison
Parrys Sugar Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tulsons Agro Farm Udyog P Ltd | ₹29.77 Lakh (FY 2025) | -87.0% | Pune, Maharashtra, India | |||
| Shivaji Cane Processors Limited | ₹29.5 Lakh (FY 2024) | 16.0% | Shirala, Maharashtra, India | |||
| Pilana Farmers Producer Company Limited | ₹29.24 Lakh (FY 2025) | 22.0% | Bhagpat, Uttar Pradesh, India | |||
| Kolhar Canes Limited | ₹29.04 Lakh (FY 2025) | 980.0% | Kolhar, Karnataka, India | |||
| Shree Mohan Sugar Mills Limited | ₹28.45 Lakh (FY 2024) | 13.0% | Harda, Madhya Pradesh, India | |||
| Parrys Sugar Limitedthis company | ₹28.24 Lakh (FY 2023) | ₹20.56 Lakh | 72.8% | 5.0% | Chennai, Tamil Nadu, India | |
| Neelshree Sugar Private Limited | ₹27.03 Lakh (FY 2025) | 83.0% | Lucknow, Uttar Pradesh, India | |||
| Combined Sugar (India) Private Limited | ₹27 Lakh (FY 2019) | -35.0% | Hyderabad, Telangana, India | |||
| Shri Ambika Power and Sugar Private Limited | ₹26.38 Lakh (FY 2025) | 4.0% | Surguja, Chhattisgarh, India | |||
| Shrikant Agrotech Industries Limited | ₹25.04 Lakh (FY 2018) | Pune, Maharashtra, India | ||||
| Dellicatessen Sugar and Spice Private Ltd | ₹24.14 Lakh (FY 2024) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Parrys Sugar Limited, buy the company report.
Auditor
Parrys Sugar Limited is audited by G BADRI NARAYANA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G BADRI NARAYANA & CO | FY 2022 | 010473S |
Shareholding
The shareholding of Parrys Sugar Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Parrys Sugar Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2006 | 80037212 | Indian Bank | ₹50 Cr | Satisfied |
To see the full charge records of Parrys Sugar Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Parrys Sugar Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parrys Sugar Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parrys Sugar 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 Parrys Sugar Limited, buy the company report.
Recent activity
Parrys Sugar Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Adepalli Sridhar ceased to be Additional Director on 03 Aug 2022.
8 earlier events are in the company report.
Frequently asked questions
Parrys Sugar 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.
Parrys Sugar was a public limited company based in Chennai, Tamil Nadu, India. The company worked in sugar processing, within the agriculture industry. It was incorporated on 24 November 2005 and is registered under CIN U15421TN2005PLC058106. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Parrys Sugar was incorporated on 24 November 2005. It is registered with the Registrar of Companies, Chennai.
Parrys Sugar had 3 directors:
- Biswa Mohan Rath - Director
- Srinivasan Suresh - Director
- Adepalli Sridhar - Director
The CIN (Corporate Identification Number) of Parrys Sugar is U15421TN2005PLC058106. 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 Parrys Sugar is at Dare House Parrys Corner India, Chennai, Tamil Nadu, India – 600001.
Parrys Sugar can be reached through the website parrysugar.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Parrys Sugar on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 07 August 2023. Year-wise statements from 2015 are in the company report.
No. Parrys Sugar has 2 GST registrations on record and all of them are cancelled or inactive.
Parrys Sugar operated in the agriculture industry, in the sugar processing segment.
The peers of Parrys Sugar by revenue are Tulsons Agro Farm Udyog P Ltd, Shivaji Cane Processors Limited, Pilana Farmers Producer Company Limited, Kolhar Canes Limited, Shree Mohan Sugar Mills Limited and 5 more, all in the Agriculture industry (Sugar).