About Satish Sugars Limited
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Satish Sugars Limited is a public limited company based in Gokak, Karnataka, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 12 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U46620KA2000PLC026920. Its GSTIN is 29AAKCS3093E1Z3 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹62.32 Cr. It is led by directors including Priyanka Satish Jarkiholi (Managing Director) and Shakuntala Devi Satish Jarkiholi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sangankeri – Yadwad Road Hunashayal P G, Gokak, Karnataka, India – 591224.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,653.92 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹42.92 Cr (net margin 2.6%) and EBITDA of ₹172.49 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 21% over five years.
The company has about 1,221 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Satish Group. As per MCA filings, the company has open charges of ₹1,106.19 Cr and satisfied charges of ₹664.82 Cr on record. Court records list 61 cases involving the company, including 25 filed by the company and 36 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satishsugars.com.
Company details
CIN history
Satish Sugars has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46620KA2000PLC026920, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46620KA2000PLC026920 | Current |
| U15421KA2000PTC026920 | Previous |
| U15421KA2000PLC026920 | Previous |
Contact details
Satish Sugars Limited's registered office is in Gokak, Karnataka. Its website is satishsugars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSangankeri – Yadwad Road Hunashayal P G, Gokak, Karnataka, India – 591224
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Satish 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
Brands
Satish Sugars operates one associated brand: Satish Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sugar production, cogeneration, distillery, and steel manufacturing operations in India. | satishsugars.com |
Business activity
The main business activities of Satish Sugars are manufacturing and electricity, gas, steam and air condition supply. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Satish Sugars Limited, buy the company report.
Financials of Satish Sugars Limited
FY 2024 filings availableSatish Sugars Limited reported revenue of ₹1,653.92 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 34% growth in the latest year. EBITDA rose 6% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹172.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Satish Sugars Limited, buy the company report.
Board of directors and KMP of Satish Sugars Limited
Satish Sugars Limited currently reports 7 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Manohar Indi Also directs: Belgaum Sugars Private Limited, Yaragatti Sugars Private Limited, Belgaum Steel Works Private Limited and 2 more | Director | 12 Apr 2000 | 26 Years 6 Months | Current |
| Premalata Veeresh Dodamani Also directs: Belgaum Sugars Private Limited | Director | 12 Jun 2015 | 11 Years 4 Months | Current |
| Vithal Rudrappa Parasannavar Also directs: Belgaum Sugars Private Limited, Yaragatti Sugars Private Limited, Belgaum Steel Works Private Limited and 2 more | Director | 12 Apr 2000 | 26 Years 6 Months | Current |
| Priyanka Satish Jarkiholi Also directs: Belgaum Sugars Private Limited, Yaragatti Sugars Private Limited, Western Ghats Infra Limited and 1 more | Managing Director | 20 Oct 2016 | 10 Years 0 Months | Current |
| Dilip Rajendra Pawar | Company Secretary | 20 Feb 2016 | 10 Years 8 Months | Current |
| Shakuntala Devi Satish Jarkiholi | Whole-Time Director | 30 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Satish Sugars Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Alcoholic Beverages, Sugar), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KPR Sugar and Apparels Limited | ₹1,765.56 Cr (FY 2025) | 16.0% | Coimbatore, Tamil Nadu, India | |||
| Bihar Distillers & Bottlers Private Limited | ₹1,741.43 Cr (FY 2025) | 19.0% | Chandigarh, India | |||
| Satish Sugars Limitedthis company | ₹1,653.92 Cr (FY 2025) | ₹42.92 Cr | 2.6% | 34.0% | 1,221 | Gokak, Karnataka, India |
| Alcobrew Distilleries India Limited | ₹1,620.35 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Athani Sugars Limited | ₹1,606.27 Cr (FY 2025) | 49.0% | Karnataka, India | |||
| Pincon Spirit Limited | ₹1,561.72 Cr (FY 2017) | 58.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Satish Sugars Limited, buy the company report.
Auditor
Satish Sugars Limited is audited by U. G. AMMANGI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U. G. AMMANGI & Co. | FY 2023 | 000104S |
Shareholding
The shareholding of Satish Sugars Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satish Sugars Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2025 | 101150001 | Indian Bank | ₹221.33 Cr | Open | |
| 29 Jul 2025 | 101157667 | State Bank of India | ₹15 Cr | Open | |
| 09 Jul 2025 | 101133596 | Indian Bank | ₹20 Cr | Open | |
| 27 May 2025 | 101109627 | Bank of India | ₹36 Cr | Open | |
| 31 Mar 2025 | 101077944 | Hdfc Bank Limited | ₹40.5 Lakh | Open |
To see the full charge records of Satish Sugars Limited, buy the company report.
Total charge records: 66 View all charges
Legal cases
Satish Sugars Limited has 61 court cases on record: 25 filed by Satish Sugars, 36 filed against it. 11 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 28 | 4 |
| High courts | 26 | 8 | 7 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Gulbarga Electricity Supply Company Limited and 5 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Hubli Electricity Supply Company Limited (Hescom) and 7 others | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against The Karnataka Renewable Energy Development Ltd., and 1 other | Pending |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by The New India Assurance Co. Ltd., | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Hindustan Petroleum Corporation Limited - HPCL and 3 others | Disposed |
To see the full case history of Satish 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.
Credit ratings & regulatory alerts
Satish Sugars Limited was last rated by Icra on 28 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 May 2020 |
To see the full credit ratings and regulatory alerts of Satish Sugars Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satish Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Satish Sugars has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Belgaum Sugars Private Limited | U15117KA2007PTC044215 | |
| Yaragatti Sugars Private Limited | U15122KA2007PTC044197 |
To see the full group structure of Satish Sugars Limited, buy the company report.
Employees & EPFO
Satish Sugars Limited has a workforce of 1,221 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Satish Sugars has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS3093E1Z3 | Karnataka | Active | 01 Jul 2017 |
| 29AAKCS3093E1DC | Karnataka | Active | 29 Oct 2024 |
To see the full GST registrations and return filing status of Satish Sugars Limited, buy the company report.
Recent activity
Satish Sugars Limited has 18 board changes on record since 2000: 8 appointments and 10 cessations. The latest: Anand Patil ceased to be Director on 02 May 2024.
118 earlier events are in the company report.
Frequently asked questions
Satish Sugars is an active public limited company based in Gokak, Karnataka, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 12 April 2000 (26+ years old) and is registered under CIN U46620KA2000PLC026920.
Satish Sugars has 8 current directors and KMP:
- Priyanka Satish Jarkiholi - Managing Director
- Shakuntala Devi Satish Jarkiholi - Whole-Time Director
- Pradeep Kumar Manohar Indi - Director
- Premalata Veeresh Dodamani - Director
- Vithal Rudrappa Parasannavar - Director
- Rahul Satish Jarkiholi - Director
- Padmavati Patil - Director
- Dilip Rajendra Pawar - Company Secretary
The latest financial statements of Satish Sugars on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Satish Sugars is 29AAKCS3093E1Z3, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAKCS3093E1DC (Karnataka).
The CIN (Corporate Identification Number) of Satish Sugars is U46620KA2000PLC026920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satish Sugars has 61 court cases on record: 25 filed by the company and 36 filed against it. 11 are pending. Most are in the district courts.
Satish Sugars was incorporated on 12 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Satish Sugars by revenue are KPR Sugar and Apparels Limited, Bihar Distillers & Bottlers Private Limited, Alcobrew Distilleries India Limited, Athani Sugars Limited, Pincon Spirit Limited, all in the Agriculture industry (Alcoholic Beverages, Sugar), with the same principal business activity (food, beverages and tobacco products).
Anand Patil ceased to be Director on 02 May 2024. Priyanka Satish Jarkiholi ceased to be Director on 23 Feb 2022. Rahul Satish Jarkiholi ceased to be Additional Director on 25 Nov 2021. Satish Sugars has 18 board changes on record in total.
Satish Sugars can be reached through the website satishsugars.com. Its registered office is in Gokak, Karnataka, India.
The registered office of Satish Sugars is at Sangankeri – Yadwad Road Hunashayal P G, Gokak, Karnataka, India – 591224.
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