
About Sbec Sugar Limited
Data last updated:
Sbec Sugar Limited is a public limited company based in Baraut, Uttar Pradesh, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 03 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L15421UP1991PLC019160. Its GSTIN is 09AAECS7222B1ZM (Uttar Pradesh). The company holds 4 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 532102.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹47.65 Cr. It was formerly known as Modi Sugar Ltd. It is led by directors including Vipin Kumar (Whole-Time Director) and Jayesh Modi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vill: Loyan Malakpur Teh: Baraut Baghpat, Uttar Pradesh, India – 250611.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹548.45 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹18.65 Cr (net margin 3.4%) and EBITDA of -₹4.8 Cr (EBITDA margin -0.9%). The net worth stands at ₹167.41 Cr (up 16.8% YoY). Total assets are valued at ₹489.64 Cr (up 29.2% YoY).
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: SBEC Sugar. As per MCA filings, the company has open charges of ₹105 Cr and satisfied charges of ₹492.85 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sbecsugar.com.
Company details
CIN history
Sbec Sugar has one previous CIN (Corporate Identification Number): L15421UP1995PLC019160. The current CIN is L15421UP1991PLC019160, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15421UP1991PLC019160 | Current |
| L15421UP1995PLC019160 | Previous |
Contact details
Sbec Sugar Limited's registered office is in Baraut, Uttar Pradesh. Its website is sbecsugar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVill: Loyan Malakpur Teh: Baraut Baghpat, Uttar Pradesh, India – 250611
- IndustryAgriculture, Sugar Processing
To see the full contact details of Sbec 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
Brands
Sbec Sugar operates one associated brand: SBEC Sugar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of white crystal sugar using modern technology | sbecsugar.com |
Business activity
The main business activity of Sbec Sugar 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 Sbec Sugar Limited, buy the company report.
Financials of Sbec Sugar Limited
FY 2025-26 filings availableSbec Sugar Limited reported revenue of ₹548.45 Cr (down 13% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 548 | 630 | 655 | 658 | 614 | 580 | 482 |
| Revenue growth | -13.0% | -3.7% | -0.6% | +7.2% | +6.0% | +20.3% | - |
| EBITDA | (4.80) | 39.88 | 44.79 | 20.61 | 25.19 | 15.16 | 40.22 |
| EBITDA margin | -0.9% | +6.3% | +6.8% | +3.1% | +4.1% | +2.6% | +8.4% |
| Profit before tax | 19.39 | (17.72) | 1.52 | (8.30) | (7.43) | (27.14) | (0.91) |
| Net profit | 18.65 | (18.62) | (3.30) | (8.94) | (7.57) | (24.45) | 2.54 |
| Net profit margin | +3.4% | -3.0% | -0.5% | -1.4% | -1.2% | -4.2% | +0.5% |
| EPS (₹) | 3.91 | (3.90) | (0.69) | (1.83) | (1.63) | (5.12) | 0.56 |
| Balance sheet | |||||||
| Total assets | 490 | 379 | 202 | 127 | 189 | 261 | 333 |
| Net worth | 167 | 143 | (37.80) | (22.23) | (13.61) | (5.15) | 19.29 |
| Total debt | 273 | 202 | 232 | 114 | 168 | 231 | 276 |
| Cash & bank | 4.50 | 1.17 | 1.52 | 4.91 | 5.16 | 3.89 | 6.77 |
| Net working capital | (130) | (233) | (229) | (317) | (262) | (190) | (132) |
| Cash flow | |||||||
| Cash from operations | (27.33) | 70.08 | (47.29) | 68.49 | 98.60 | 79.09 | 45.51 |
| Cash from investing | 2.17 | (2.04) | (50.94) | (3.28) | (15.25) | (6.50) | (11.13) |
| Cash from financing | 26.65 | (68.58) | 94.97 | (65.53) | (81.91) | (75.49) | (40.38) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 99.00 | 159 | 123 | 147 | 120 | 209 | 143 | 137 |
| Revenue growth (YoY) | -17.4% | -24.0% | -14.1% | +7.0% | -15.1% | - | - | - |
| Other income | 17.94 | 85.70 | 1.46 | 0.24 | 0.02 | 0.40 | 0.02 | 0.03 |
| EBITDA | 8.09 | 21.84 | (1.23) | (12.75) | (12.66) | 59.79 | (6.88) | (15.42) |
| EBITDA margin | +8.2% | +13.7% | -1.0% | -8.7% | -10.6% | +28.6% | -4.8% | -11.2% |
| Depreciation | 4.55 | 3.99 | 4.56 | 5.15 | 4.84 | 3.26 | 5.41 | 5.36 |
| Interest | 12.32 | 12.23 | 12.97 | 10.93 | 8.56 | 9.69 | 10.04 | 9.56 |
| Profit before tax | 9.16 | 91.32 | (17.30) | (28.59) | (26.04) | 47.24 | (22.31) | (30.31) |
| Tax | 0.00 | 0.74 | 0.00 | 0.00 | 0.00 | 0.90 | 0.00 | 0.00 |
| Net profit | 9.16 | 90.58 | (17.30) | (28.59) | (26.04) | 46.34 | (22.31) | (30.31) |
| EPS (₹) | 1.92 | 19.01 | (3.63) | (6.00) | (5.47) | 9.73 | (4.68) | (6.36) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 535 | 621 | 644 | 647 | 602 | 569 | 471 |
| Revenue growth | -13.8% | -3.5% | -0.5% | +7.4% | +5.8% | +20.8% | - |
| EBITDA | (6.91) | 41.97 | 44.94 | 20.04 | 22.06 | 14.09 | 39.07 |
| EBITDA margin | -1.3% | +6.8% | +7.0% | +3.1% | +3.7% | +2.5% | +8.3% |
| Profit before tax | (62.81) | (11.81) | 4.65 | (12.92) | (10.67) | (21.12) | 4.97 |
| Net profit | (62.81) | (11.81) | 4.65 | (12.92) | (10.67) | (21.14) | 4.96 |
| Net profit margin | -11.7% | -1.9% | +0.7% | -2.0% | -1.8% | -3.7% | +1.1% |
| EPS (₹) | (13.18) | (2.47) | 0.98 | (2.71) | (2.23) | (4.43) | 1.04 |
| Balance sheet | |||||||
| Total assets | 178 | 156 | 165 | 48.59 | 111 | 179 | 242 |
| Net worth | (123) | (61.03) | (48.90) | (53.47) | (40.66) | (29.26) | (8.14) |
| Total debt | 273 | 184 | 207 | 95.78 | 147 | 204 | 246 |
| Cash & bank | 3.57 | 0.86 | 1.19 | 3.80 | 3.53 | 2.76 | 6.34 |
| Net working capital | (165) | (266) | (273) | (323) | (265) | (195) | (144) |
| Cash flow | |||||||
| Cash from operations | (47.82) | 61.68 | (6.22) | 73.28 | 92.91 | 70.67 | 37.21 |
| Cash from investing | 1.01 | (2.06) | (85.94) | (12.21) | (20.12) | (6.41) | (11.17) |
| Cash from financing | 47.68 | (60.14) | 89.68 | (60.89) | (71.84) | (67.86) | (28.42) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 98.77 | 154 | 116 | 147 | 119 | 203 | 140 | 137 |
| Revenue growth (YoY) | -17.3% | -24.6% | -17.4% | +7.0% | -15.1% | - | - | - |
| Other income | 0.59 | 2.01 | 0.16 | 0.03 | 0.02 | 0.39 | 0.01 | 0.01 |
| Total expenses | 88.14 | 134 | 121 | 157 | 130 | 146 | 147 | 149 |
| EBITDA | 10.63 | 19.60 | (5.30) | (10.36) | (10.85) | 57.31 | (7.21) | (12.11) |
| EBITDA margin | +10.8% | +12.8% | -4.6% | -7.1% | -9.1% | +28.2% | -5.2% | -8.8% |
| Depreciation | 4.05 | 3.48 | 4.02 | 4.66 | 4.34 | 2.87 | 4.87 | 4.81 |
| Interest | 11.48 | 11.43 | 11.43 | 10.55 | 8.22 | 9.35 | 9.37 | 9.16 |
| Profit before tax | (4.31) | 6.70 | (20.59) | (25.54) | (23.39) | 45.48 | (21.44) | (26.07) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 99.00 | 159 | 123 | 147 | 120 | 209 | 143 | 137 |
| Revenue growth (YoY) | -17.4% | -24.0% | -14.1% | +7.0% | -15.1% | - | - | - |
| Other income | 17.94 | 85.70 | 1.46 | 0.24 | 0.02 | 0.40 | 0.02 | 0.03 |
| EBITDA | 8.09 | 21.84 | (1.23) | (12.75) | (12.66) | 59.79 | (6.88) | (15.42) |
| EBITDA margin | +8.2% | +13.7% | -1.0% | -8.7% | -10.6% | +28.6% | -4.8% | -11.2% |
| Depreciation | 4.55 | 3.99 | 4.56 | 5.15 | 4.84 | 3.26 | 5.41 | 5.36 |
| Interest | 12.32 | 12.23 | 12.97 | 10.93 | 8.56 | 9.69 | 10.04 | 9.56 |
| Profit before tax | 9.16 | 91.32 | (17.30) | (28.59) | (26.04) | 47.24 | (22.31) | (30.31) |
| Tax | 0.00 | 0.74 | 0.00 | 0.00 | 0.00 | 0.90 | 0.00 | 0.00 |
| Net profit | 9.16 | 90.58 | (17.30) | (28.59) | (26.04) | 46.34 | (22.31) | (30.31) |
| EPS (₹) | 1.92 | 19.01 | (3.63) | (6.00) | (5.47) | 9.73 | (4.68) | (6.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 548 | 630 | 655 | 658 | 614 | 580 | 482 |
| Revenue growth | -13.0% | -3.7% | -0.6% | +7.2% | +6.0% | +20.3% | - |
| Other income | 87.43 | 0.52 | 0.84 | 10.64 | 6.54 | 1.18 | 0.36 |
| Total expenses | 553 | 591 | 610 | 638 | 589 | 564 | 442 |
| Employee cost | 0.00 | 22.46 | 22.50 | 22.11 | 19.14 | 18.22 | 18.00 |
| EBITDA | (4.80) | 39.88 | 44.79 | 20.61 | 25.19 | 15.16 | 40.22 |
| EBITDA margin | -0.9% | +6.3% | +6.8% | +3.1% | +4.1% | +2.6% | +8.4% |
| Depreciation | 18.54 | 19.37 | 21.36 | 21.18 | 20.71 | 21.10 | 20.45 |
| Interest | 44.70 | 38.75 | 22.75 | 18.37 | 18.45 | 22.38 | 21.04 |
| Profit before tax | 19.39 | (17.72) | 1.52 | (8.30) | (7.43) | (27.14) | (0.91) |
| Tax | 0.74 | 0.90 | 4.82 | 2.17 | 1.14 | 0.00 | (1.70) |
| Net profit | 18.65 | (18.62) | (3.30) | (8.94) | (7.57) | (24.45) | 2.54 |
| Net profit margin | +3.4% | -3.0% | -0.5% | -1.4% | -1.2% | -4.2% | +0.5% |
| EPS (₹) | 3.91 | (3.90) | (0.69) | (1.83) | (1.63) | (5.12) | 0.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.69 | 47.69 | 47.69 | 47.69 | 47.69 | 47.69 | 47.69 |
| Reserves & surplus | 120 | 95.59 | (85.49) | (69.92) | (61.30) | (52.84) | (28.40) |
| Shareholders' funds (net worth) | 167 | 143 | (37.80) | (22.23) | (13.61) | (5.15) | 19.29 |
| Minority interest | 0.00 | 0.00 | 0.00 | 27.99 | 29.75 | 30.49 | 33.20 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 54.20 |
| Unsecured loans | 273 | 202 | 232 | 114 | 168 | 231 | 222 |
| Total debt | 273 | 202 | 232 | 114 | 168 | 231 | 276 |
| Total liabilities | 490 | 379 | 202 | 127 | 189 | 261 | 333 |
| Assets | |||||||
| Gross block | 517 | 515 | 508 | 509 | 484 | 479 | 473 |
| Net block | 205 | 223 | 234 | 248 | 242 | 257 | 272 |
| Capital work in progress | 0.76 | 0.58 | 5.91 | 3.57 | 17.57 | 2.14 | 2.06 |
| Investments | 326 | 238 | 38.03 | 38.03 | 38.03 | 38.03 | 38.03 |
| Inventories | 252 | 269 | 255 | 219 | 246 | 223 | 237 |
| Sundry debtors | 24.52 | 28.39 | 21.20 | 16.25 | 14.19 | 27.47 | 20.33 |
| Cash & bank balances | 4.50 | 1.17 | 1.52 | 4.91 | 5.16 | 3.89 | 6.77 |
| Loans & advances | 4.04 | 3.73 | 4.95 | 4.84 | 11.24 | 15.89 | 13.15 |
| Total current assets | 285 | 303 | 283 | 245 | 277 | 270 | 277 |
| Total current liabilities | 414 | 535 | 512 | 562 | 538 | 460 | 410 |
| Net working capital | (130) | (233) | (229) | (317) | (262) | (190) | (132) |
| Total assets | 490 | 379 | 202 | 127 | 189 | 261 | 333 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.86 | 1.41 | 4.66 | 4.99 | 3.55 | 6.45 | 12.46 |
| Net cash from operating activities | (27.33) | 70.08 | (47.29) | 68.49 | 98.60 | 79.09 | 45.51 |
| Net cash from investing activities | 2.17 | (2.04) | (50.94) | (3.28) | (15.25) | (6.50) | (11.13) |
| Net cash from financing activities | 26.65 | (68.58) | 94.97 | (65.53) | (81.91) | (75.49) | (40.38) |
| Net change in cash | 1.49 | (0.55) | (3.25) | (0.33) | 1.44 | (2.90) | (6.01) |
| Closing cash | 4.50 | 1.17 | 1.52 | 4.91 | 5.16 | 3.89 | 6.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -13.0% | -3.7% | -0.6% | +7.2% | +6.0% | +20.3% | - |
| EBITDA growth | -112.0% | -11.0% | +117.3% | -18.2% | +66.2% | -62.3% | - |
| PBT growth | +9998.0% | - | +9998.0% | -11.7% | +72.6% | -2882.4% | +98.2% |
| Net income growth | +200.2% | -464.2% | +63.1% | -18.1% | +69.0% | -1062.6% | - |
| Revenue CAGR (3Y) | -5.9% | +0.9% | +4.1% | +11.0% | +13.7% | +6.1% | +15.9% |
| EBITDA CAGR (3Y) | - | +16.6% | +43.5% | -20.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +3.4% | -3.0% | -0.5% | -1.6% | -1.4% | -4.7% | +0.2% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +6.4% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +2.1% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 35.88 | 15.21 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 24.75 | 12.72 |
| Interest cover | -191.52 | 188.93 | 97.10 | -3,222.81 | 411.83 | -376.77 | 106.42 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.23 | 1.29 | 1.33 | 1.27 | 1.22 | 1.03 |
| Inventory turnover | - | 2.40 | 2.76 | 2.83 | 2.62 | 2.52 | 2.58 |
| Debtors turnover | - | 25.43 | 34.95 | 43.26 | 29.48 | 24.25 | 29.20 |
| EPS (₹) | 3.91 | (3.90) | (0.69) | (1.83) | (1.63) | (5.12) | 0.56 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (11.90) | (7.93) | (4.66) | (2.85) | (1.08) | 4.04 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 98.77 | 154 | 116 | 147 | 119 | 203 | 140 | 137 |
| Revenue growth (YoY) | -17.3% | -24.6% | -17.4% | +7.0% | -15.1% | - | - | - |
| Other income | 0.59 | 2.01 | 0.16 | 0.03 | 0.02 | 0.39 | 0.01 | 0.01 |
| Total expenses | 88.14 | 134 | 121 | 157 | 130 | 146 | 147 | 149 |
| EBITDA | 10.63 | 19.60 | (5.30) | (10.36) | (10.85) | 57.31 | (7.21) | (12.11) |
| EBITDA margin | +10.8% | +12.8% | -4.6% | -7.1% | -9.1% | +28.2% | -5.2% | -8.8% |
| Depreciation | 4.05 | 3.48 | 4.02 | 4.66 | 4.34 | 2.87 | 4.87 | 4.81 |
| Interest | 11.48 | 11.43 | 11.43 | 10.55 | 8.22 | 9.35 | 9.37 | 9.16 |
| Profit before tax | (4.31) | 6.70 | (20.59) | (25.54) | (23.39) | 45.48 | (21.44) | (26.07) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 535 | 621 | 644 | 647 | 602 | 569 | 471 |
| Revenue growth | -13.8% | -3.5% | -0.5% | +7.4% | +5.8% | +20.8% | - |
| Other income | 2.23 | 0.49 | 0.73 | 1.48 | 0.84 | 1.55 | 0.16 |
| Total expenses | 542 | 579 | 599 | 627 | 580 | 555 | 432 |
| Employee cost | 0.00 | 18.88 | 19.04 | 18.75 | 16.29 | 15.39 | 15.15 |
| EBITDA | (6.91) | 41.97 | 44.94 | 20.04 | 22.06 | 14.09 | 39.07 |
| EBITDA margin | -1.3% | +6.8% | +7.0% | +3.1% | +3.7% | +2.5% | +8.3% |
| Depreciation | 16.50 | 17.34 | 19.16 | 18.98 | 18.51 | 18.90 | 18.23 |
| Interest | 41.63 | 36.93 | 21.86 | 15.46 | 15.06 | 17.86 | 16.03 |
| Profit before tax | (62.81) | (11.81) | 4.65 | (12.92) | (10.67) | (21.12) | 4.97 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (62.81) | (11.81) | 4.65 | (12.92) | (10.67) | (21.14) | 4.96 |
| Net profit margin | -11.7% | -1.9% | +0.7% | -2.0% | -1.8% | -3.7% | +1.1% |
| EPS (₹) | (13.18) | (2.47) | 0.98 | (2.71) | (2.23) | (4.43) | 1.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.69 | 47.69 | 47.69 | 47.69 | 47.69 | 47.69 | 47.69 |
| Reserves & surplus | (171) | (109) | (96.59) | (101) | (88.35) | (76.95) | (55.83) |
| Shareholders' funds (net worth) | (123) | (61.03) | (48.90) | (53.47) | (40.66) | (29.26) | (8.14) |
| Secured loans | 73.84 | 58.33 | 65.04 | 52.42 | 111 | 163 | 219 |
| Unsecured loans | 200 | 126 | 142 | 43.36 | 36.86 | 40.73 | 27.90 |
| Total debt | 273 | 184 | 207 | 95.78 | 147 | 204 | 246 |
| Total liabilities | 178 | 156 | 165 | 48.59 | 111 | 179 | 242 |
| Assets | |||||||
| Gross block | 413 | 412 | 405 | 406 | 381 | 376 | 370 |
| Net block | 165 | 181 | 191 | 202 | 194 | 208 | 220 |
| Capital work in progress | 0.76 | 0.58 | 5.91 | 3.57 | 17.57 | 2.14 | 2.06 |
| Investments | 92.04 | 92.04 | 92.04 | 17.26 | 17.26 | 17.26 | 17.26 |
| Inventories | 248 | 266 | 252 | 216 | 243 | 220 | 234 |
| Sundry debtors | 12.82 | 20.08 | 16.29 | 11.53 | 8.23 | 19.95 | 8.40 |
| Cash & bank balances | 3.57 | 0.86 | 1.19 | 3.80 | 3.53 | 2.76 | 6.34 |
| Loans & advances | 3.61 | 3.39 | 4.06 | 3.84 | 28.93 | 37.78 | 34.89 |
| Total current assets | 268 | 290 | 273 | 235 | 284 | 281 | 284 |
| Total current liabilities | 433 | 556 | 546 | 557 | 548 | 475 | 428 |
| Net working capital | (165) | (266) | (273) | (323) | (265) | (195) | (144) |
| Total assets | 178 | 156 | 165 | 48.59 | 111 | 179 | 242 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.55 | 1.07 | 3.55 | 3.37 | 2.42 | 6.02 | 8.40 |
| Net cash from operating activities | (47.82) | 61.68 | (6.22) | 73.28 | 92.91 | 70.67 | 37.21 |
| Net cash from investing activities | 1.01 | (2.06) | (85.94) | (12.21) | (20.12) | (6.41) | (11.17) |
| Net cash from financing activities | 47.68 | (60.14) | 89.68 | (60.89) | (71.84) | (67.86) | (28.42) |
| Net change in cash | 0.87 | (0.52) | (2.47) | 0.18 | 0.95 | (3.60) | (2.38) |
| Closing cash | 3.57 | 0.86 | 1.19 | 3.80 | 3.53 | 2.76 | 6.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -13.8% | -3.5% | -0.5% | +7.4% | +5.8% | +20.8% | - |
| EBITDA growth | -116.5% | -6.6% | +124.3% | -9.2% | +56.6% | -63.9% | - |
| PBT growth | -431.8% | - | +9998.0% | -21.1% | +49.5% | - | +9998.0% |
| Net income growth | -431.8% | -354.0% | +136.0% | -21.1% | +49.5% | -526.2% | - |
| Revenue CAGR (3Y) | -6.1% | +1.0% | +4.2% | +11.2% | +14.5% | +6.7% | +16.3% |
| EBITDA CAGR (3Y) | - | +23.9% | +47.2% | -20.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -11.7% | -1.9% | +0.7% | -2.0% | -1.8% | -3.7% | +1.1% |
| Return on capital employed | - | 0.0% | +17.1% | 0.0% | 0.0% | 0.0% | +8.0% |
| Return on net worth | - | 0.0% | -143.7% | 0.0% | 0.0% | 0.0% | +27.9% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -177.83 | 149.94 | 84.79 | 1,458.49 | 424.23 | -371.31 | 76.92 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.52 | 1.59 | 1.64 | 1.59 | 1.52 | 1.30 |
| Inventory turnover | - | 2.40 | 2.76 | 2.82 | 2.60 | 2.51 | 2.57 |
| Debtors turnover | - | 34.15 | 46.29 | 65.48 | 42.74 | 40.14 | 60.65 |
| EPS (₹) | (13.18) | (2.47) | 0.98 | (2.71) | (2.23) | (4.43) | 1.04 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (12.80) | (10.25) | (11.21) | (8.53) | (6.13) | (1.71) |
To see the full year-wise statements and ratios of Sbec Sugar Limited, buy the company report.
Board of directors of Sbec Sugar Limited
Sbec Sugar has 12 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Modi | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
| Abhishek Modi Also directs: Bihar Sponge Iron Limited, Modi Illva India Private Limited, Modi Industries Limited and 5 more | Director | 13 May 1994 | 32 Years 5 Months | Current |
| Umesh Kumar Modi Also directs: Bihar Sponge Iron Limited, Modilac Private Limited, Signutra India Private Limited and 5 more | Director | 03 Feb 1995 | 31 Years 8 Months | Current |
| Vijay Kumar Modi Also directs: Modilac Private Limited, Signutra India Private Limited, Sbec Bioenergy Limited and 5 more | Director | 06 Feb 2015 | 11 Years 8 Months | Current |
| Kumkum Modi Also directs: Bihar Sponge Iron Limited, Modi Industries Limited, Modi Hitech India Limited and 5 more | Director | 26 May 2000 | 26 Years 4 Months | Current |
| Mohi Kumari Also directs: Bihar Sponge Iron Limited | Director | 16 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Sbec Sugar Limited is compared with the 8 companies closest to it by revenue in the Agriculture industry (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 |
|---|---|---|---|---|---|---|
| Tikaula Sugar Mills Limited | ₹726.65 Cr (FY 2025) | -11.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| K M Sugar Mills Limited | ₹666.38 Cr (FY 2025) | 0.0% | Lucknow, Uttar Pradesh, India | |||
| Belgaum Sugars Private Limited | ₹659.7 Cr (FY 2025) | 32.0% | Gokak, Karnataka, India | |||
| Sri Chamundeswari Sugars Limited | ₹633.11 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| SNJ Sugars and Products Limited | ₹624.92 Cr (FY 2025) | -37.0% | Andhra Pradesh, India | |||
| Bilagi Sugar Mill Limited | ₹598.97 Cr (FY 2025) | 26.0% | Bagalkot, Karnataka, India | |||
| Tirupati Food Industries Private Limited | ₹572.28 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Shri Balaji Sugars and Chemicals Private Limited | ₹572.18 Cr (FY 2025) | 20.0% | Bijapur, Karnataka, India | |||
| Sbec Sugar Limitedthis company | ₹548.45 Cr (FY 2026) | ₹18.65 Cr | 3.4% | -13.0% | Baraut, Uttar Pradesh, India |
To see the full peer comparison of Sbec Sugar Limited, buy the company report.
Auditor
Sbec Sugar Limited is audited by Doogar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Doogar & Associates | FY 2023 | 000561N |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 65.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 2.00% and retail and other public shareholders hold 32.90%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 65.10% | 65.10% | 65.10% | 65.10% |
| Public | 34.90% | 34.90% | 34.90% | 34.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101117400 | Others | ₹40 Cr | Open | |
| 10 Dec 2024 | 101018663 | Others | ₹25 Cr | Open | |
| 08 Feb 2024 | 100875344 | Others | ₹40 Cr | Open | |
| 15 Mar 2024 | 100883522 | Others | ₹25 Cr | Satisfied | |
| 26 Jul 2021 | 100471634 | Others | ₹6.34 Lakh | Satisfied |
To see the full charge records of Sbec Sugar Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Sbec Sugar Limited has 10 court cases on record: 5 filed by Sbec Sugar, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 4 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Allahabad | Insolvency matter | Filed against the company by Mosco International Commodities Privatelimited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Sbi Global Factors Ltd. | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Jord Engineers India Ltd. | Disposed |
| District court, Meerut, Uttar Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and Others | Disposed |
To see the full case history of Sbec Sugar 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
Sbec Sugar Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 643 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Navneet K Arora & Co LLP | |||
| Sai Infotech Systems Limited |
To see the full MSME payment records of Sbec Sugar Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sbec Sugar 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 |
|---|---|---|
| Sbec Bioenergy Limited | U40105UP1996PLC037250 | |
| Sbec Stockholding and Investment Limited | U67120DL2001PLC112424 |
To see the full group structure of Sbec Sugar Limited, buy the company report.
GST
Sbec Sugar has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECS7222B1ZM | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sbec Sugar Limited, buy the company report.
Recent activity
Sbec Sugar Limited has 45 board changes on record since 1994: 29 appointments and 16 cessations. The latest: Adhish Sharma was appointed as Director on 16 Sep 2024.
93 earlier events are in the company report.
News
Frequently asked questions
Sbec Sugar is an active public limited company based in Baraut, Uttar Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 03 May 1991 (35+ years old) and is registered under CIN L15421UP1991PLC019160. Listed on BSE: 532102.
Sbec Sugar reported revenue of ₹548.45 Cr for FY 2025-26 (down 13% YoY) based on consolidated financials.
Sbec Sugar has 12 current directors:
- Vipin Kumar - Whole-Time Director
- Jayesh Modi - Director
- Abhishek Modi - Director
- Umesh Kumar Modi - Director
- Vijay Kumar Modi - Director
- Kumkum Modi - Director
- Mohi Kumari - Director
- Preeti Aggarwal - Director
- Rohit Chawdhary - Director
- Adhish Sharma - Director
- Pramod Kumar Gupta - Director
- Ajay Kumar Aggarwal - Director
The latest financial statements of Sbec Sugar on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sbec Sugar is 09AAECS7222B1ZM, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sbec Sugar is L15421UP1991PLC019160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sbec Sugar is a listed company as per MCA records. Its shares are listed on BSE (code: 532102).
Sbec Sugar has 10 court cases on record: 5 filed by the company and 5 filed against it. Most are in the high courts.
Sbec Sugar was incorporated on 03 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Sbec Sugar by revenue are Tikaula Sugar Mills Limited, K M Sugar Mills Limited, Belgaum Sugars Private Limited, Sri Chamundeswari Sugars Limited, SNJ Sugars and Products Limited and 3 more, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).
Adhish Sharma was appointed as Director on 16 Sep 2024. Preeti Aggarwal was appointed as Director on 16 Sep 2024. Rohit Chawdhary was appointed as Director on 16 Sep 2024. Sbec Sugar has 45 board changes on record in total.
Sbec Sugar has 12 MSME Form 1 returns on record between 2019 and 2024, listing 643 overdue payments to 54 micro and small suppliers. The latest return was filed on 29 Apr 2024.