About Pratibha Sugars Limited
Data last updated:
Pratibha Sugars Limited is a public limited company based in Pune, Maharashtra, India. It operates in the agricultural support services segment of the agriculture sector. It was incorporated on 29 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15424PN2010PLC137869. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.1 Cr. It was formerly known as Pratibha Sugars Private Limited. It is led by directors including Manesh Dhondiram Chavan and Ashwini Satish Chavan.
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 Office No. 110 West Wing Aurora Tower Camp, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.63 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.51 Lakh (net margin -92.3%) and EBITDA of -₹1.51 Lakh (EBITDA margin -92.3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹33 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website chavangroup.com.
Company details
CIN history
Pratibha Sugars has one previous CIN (Corporate Identification Number): U15424PN2010PTC137869. The current CIN is U15424PN2010PLC137869, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15424PN2010PLC137869 | Current |
| U15424PN2010PTC137869 | Previous |
Contact details
Pratibha Sugars Limited's registered office is in Pune, Maharashtra. Its website is chavangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 110 West Wing Aurora Tower Camp, Pune, Maharashtra, India – 411001
- IndustryAgriculture, Agricultural Support Services, Hunting
To see the full contact details of Pratibha Sugars 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 Pratibha Sugars Limited
FY 2019 filings availablePratibha Sugars Limited reported revenue of ₹1.63 Lakh (down 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 3% fall in the latest year. EBITDA fell 742% 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 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 | ₹1.63 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.51 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -92.3% | ||||
| Net Profit Margin | -92.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Pratibha Sugars Limited, buy the company report.
Board of directors of Pratibha Sugars Limited
Pratibha Sugars has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manesh Dhondiram Chavan | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Ashwini Satish Chavan | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Dhondiram Bhimrao Chavan | Director | 17 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Pratibha Sugars Limited is audited by ABHIJIT JADHAV & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHIJIT JADHAV & ASSOCIATES | FY 2019 | 146233W |
Shareholding
The shareholding of Pratibha Sugars 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 Pratibha Sugars Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2013 | 10427545 | Central Bank of India | ₹32 Cr | Open | |
| 28 Jul 2011 | 10307988 | Union Bank of India | ₹1 Cr | Open |
To see the full charge records of Pratibha Sugars Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Pratibha Sugars Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India | Pending |
| District court, Sangli, Maharashtra | Criminal miscellaneous application | Filed against the company by Bank of Baroda Through Authorized Officer Mr Sanjeev Kumar | Disposed |
| District court, Satara, Maharashtra | Criminal miscellaneous application | Filed against the company by Bank of Baroda, | Disposed |
| District court, Solapur, Maharashtra | Criminal miscellaneous application | Filed against the company | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India | Disposed |
To see the full case history of Pratibha Sugars 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 Pratibha Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pratibha Sugars has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pratibha Sugars Limited, buy the company report.
Recent activity
Pratibha Sugars Limited has 11 board changes on record since 2010: 7 appointments and 4 cessations. The latest: Dhondiram Bhimrao Chavan was appointed as Director on 17 Oct 2016.
5 earlier events are in the company report.
Frequently asked questions
Pratibha Sugars is an active public limited company based in Pune, Maharashtra, India. The company works in agricultural support services, within the agriculture industry. It was incorporated on 29 November 2010 (16+ years old) and is registered under CIN U15424PN2010PLC137869.
Pratibha Sugars has 3 current directors:
- Manesh Dhondiram Chavan - Director
- Ashwini Satish Chavan - Director
- Dhondiram Bhimrao Chavan - Director
The latest financial statements of Pratibha Sugars on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Pratibha Sugars has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pratibha Sugars is U15424PN2010PLC137869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pratibha Sugars has 5 court cases on record: 5 filed against it. 1 is pending.
Pratibha Sugars was incorporated on 29 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Dhondiram Bhimrao Chavan was appointed as Director on 17 Oct 2016. Sachin Babasaheb Kadam ceased to be Director on 17 Oct 2016. Satish Dhondiram Chavan ceased to be Additional Director on 21 Mar 2016. Pratibha Sugars has 11 board changes on record in total.
Pratibha Sugars can be reached through the website chavangroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Pratibha Sugars is at Office No. 110 West Wing Aurora Tower Camp, Pune, Maharashtra, India – 411001.