Shervani Sugar Syndicate Ltd

Shervani Sugar Syndicate Ltd - agriculture in Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U15429UP1954PLC002529 Incorporated 29 January 1954 ROC Kanpur HQ Uttar Pradesh, India
Active Public Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2024
₹98.22 Cr
▼ 16% YoY
Net profit · FY 2024
₹4.29 Cr
Net margin 4.4%
EBITDA · FY 2024
₹9.98 Cr
EBITDA margin 10.2%
Authorised capital
₹36 Cr
Registered with MCA
Paid-up capital
₹31.31 Cr
Issued & subscribed
Open charges
₹9.37 Cr
Satisfied ₹59.51 Cr
Company age
72 yrs
Est. 1954
Employees · EPFO
124
Provident fund records

About Shervani Sugar Syndicate Ltd

Data last updated:

Shervani Sugar Syndicate Ltd is a public limited company based in Uttar Pradesh, India, a subsidiary of Cosmos Industries Limited. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 29 January 1954 and has been in existence for over 72 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U15429UP1954PLC002529. Its GSTIN is 09AADCS3658L2ZT (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹36 Cr and a paid-up capital of ₹31.31 Cr. It is led by directors including Israr Ahmad (Managing Director) and Hukam Singh Gangwar.

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Neoli Kasganj, Uttar Pradesh, India – 207402.

As per the financials filed for FY 2024, the company reported a revenue of ₹98.22 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.29 Cr (net margin 4.4%) and EBITDA of ₹9.98 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over five years.

The company has about 124 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Shervani Industrial Syndicate. As per MCA filings, the company has open charges of ₹9.37 Cr and satisfied charges of ₹59.51 Cr on record. Court records list 34 cases involving the company, including 27 filed by the company and 7 filed against it; 4 cases are pending.

Shervani Sugar Syndicate Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-45-0000059). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saleemshervani.com.

Company details

CIN U15429UP1954PLC002529
Registration Number 002529
Incorporation Date 29 January 1954
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Cosmos Industries Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-45-0000059

CIN history

Shervani Sugar Syndicate has one previous CIN (Corporate Identification Number): U15429UP1954PTC002529. The current CIN is U15429UP1954PLC002529, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15429UP1954PLC002529Current
U15429UP1954PTC002529Previous

Recognitions & Rankings of Shervani Sugar Syndicate

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UP-45-0000059

Contact details

Shervani Sugar Syndicate Ltd's registered office is in Uttar Pradesh. Its website is saleemshervani.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Neoli Kasganj, Uttar Pradesh, India – 207402
  • Industry
    Agriculture, Sugar Processing

To see the full contact details of Shervani Sugar Syndicate Ltd, buy the company report.

Comprehensive company report
Shervani Sugar Syndicate Ltd - one report that includes everything
  • 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
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Brands

Shervani Sugar Syndicate operates one associated brand: Shervani Industrial Syndicate. Each brand links to its own profile.

BrandDescriptionWebsite
Real estate companyshervaniind.com

Business activity

The main business activities of Shervani Sugar Syndicate are manufacturing and mining and quarrying. In detail, this covers food, beverages and tobacco products and extraction of crude petroleum & natural gas. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products
BMining and quarryingB2Extraction of Crude Petroleum & Natural gas

To see the full business activity and turnover split of Shervani Sugar Syndicate Ltd, buy the company report.

Financials of Shervani Sugar Syndicate Ltd

FY 2024 filings available

Shervani Sugar Syndicate Ltd reported revenue of ₹98.22 Cr (down 16% YoY) for FY 2024.

Revenue · FY 2024
₹98.22 Cr ▼ 16%
Net profit · FY 2024
₹4.29 Cr margin 4.4%
EBITDA · FY 2024
₹9.98 Cr margin 10.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 16%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 413%
3 years · compounded
▲ 42%
5 years · compounded
▲ 36%

Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 413% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹9.98 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.29 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.2%
Net Profit Margin4.4%
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 Shervani Sugar Syndicate Ltd, buy the company report.

Board of directors of Shervani Sugar Syndicate Ltd

Shervani Sugar Syndicate has 3 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hukam Singh GangwarDirector20 Jan 20215 Years 9 MonthsCurrent
Israr AhmadManaging Director01 Aug 20224 Years 3 MonthsCurrent
Kunal YadavDirector13 Oct 201214 Years 0 MonthsCurrent

Peer comparison

Shervani Sugar Syndicate Ltd is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sachin Ghayal Sugar Private Limited₹106.56 Cr (FY 2023)21.0%Paithan, Maharashtra, India
N. Punjab Sugars Private Limited₹103.19 Cr (FY 2025)46.0%Nagpur, Maharashtra, India
Shervani Sugar Syndicate Ltdthis company₹98.22 Cr (FY 2024)₹4.29 Cr4.4%-16.0%124Uttar Pradesh, India
Cane Agro Energy (India) Limited₹97.56 Cr (FY 2018)-27.0%Sangli, Maharashtra, India
Shakumbari Sugar and Allied Industries Limited₹95.8 Cr (FY 2025)1144.0%Saharanpur, Uttar Pradesh, India
Perambalur Sugar Mills Limited₹95 Cr (FY 2025)-35.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Shervani Sugar Syndicate Ltd, buy the company report.

Auditor

Shervani Sugar Syndicate Ltd is audited by B. K. KAPUR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B. K. KAPUR & COFY 202300852C

Shareholding

The shareholding of Shervani Sugar Syndicate Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shervani Sugar Syndicate Ltd, buy the company report.

Charges & borrowings

Open charges
₹9.37 Cr
Satisfied charges
₹59.51 Cr
Breakdown by lending institutions
Central Government Through Ifci Limited₹8.86 Cr
State Bank of India₹0.50 Cr
Uttar Pradesh Financial Corporation₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Feb 199690268981Central Government Through Ifci Limited₹8.86 CrOpen
05 Jul 199190270082Uttar Pradesh Financial Corporation₹1.55 LakhOpen
24 Oct 198890268400State Bank of India₹50 LakhOpen
12 Dec 2018100228570State Bank of India₹34.36 CrSatisfied
14 Dec 201010255568State Bank of India₹5.45 CrSatisfied

To see the full charge records of Shervani Sugar Syndicate Ltd, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

Shervani Sugar Syndicate Ltd has 2 MSME Form 1 returns on record between 2023 and 2024, listing 22 overdue payments to 10 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 10)

SupplierAmount dueDue sinceReported on
an individual supplier
Meerut Rubber Industries
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Shervani Sugar Syndicate Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Shervani Sugar Syndicate has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

Employees & EPFO

Shervani Sugar Syndicate Ltd has a workforce of 124 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
124
Active EPFO establishments
1
Employee growth
19.23%

GST

Shervani Sugar Syndicate has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AADCS3658L2ZTUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Shervani Sugar Syndicate Ltd, buy the company report.

Recent activity

Shervani Sugar Syndicate Ltd has 26 board changes on record since 2010: 3 appointments and 23 cessations. The latest: Israr Ahmad ceased to be Additional Director on 28 Sep 2022.

AGM
Shervani Sugar Syndicate Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Charges
A charge registered on 12 Dec 2018 via Charge ID 100228570 with State Bank Of India was fully satisfied on 05 Aug 2024.
Filing
Shervani Sugar Syndicate Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Israr Ahmad ceased to be Additional Director.
Appointed
Israr Ahmad was appointed as Managing Director.
Ceased
Ashish Singh Yadav ceased to be Additional Director.
Ceased
Hukam Singh Gangwar ceased to be Additional Director.
Appointed
Hukam Singh Gangwar was appointed as Director.
Ceased
Harvinder Singh ceased to be Additional Director.
Charges
A charge registered on 14 Dec 2010 via Charge ID 10255568 with State Bank Of India was fully satisfied on 03 Aug 2019.
Charges
A charge registered on 31 Jul 1989 via Charge ID 90267760 with State Bank Of India was fully satisfied on 03 Aug 2019.
Ceased
Amal Kumar Das ceased to be Nominee Director.

30 earlier events are in the company report.

Frequently asked questions

Shervani Sugar Syndicate is an active public limited company based in Uttar Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 29 January 1954 (72+ years old) and is registered under CIN U15429UP1954PLC002529.

Shervani Sugar Syndicate has 3 current directors:

The latest financial statements of Shervani Sugar Syndicate on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Shervani Sugar Syndicate is 09AADCS3658L2ZT, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Shervani Sugar Syndicate is U15429UP1954PLC002529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shervani Sugar Syndicate has 34 court cases on record: 27 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.

Shervani Sugar Syndicate was incorporated on 29 January 1954, making it 72+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Shervani Sugar Syndicate by revenue are Sachin Ghayal Sugar Private Limited, N. Punjab Sugars Private Limited, Cane Agro Energy (India) Limited, Shakumbari Sugar and Allied Industries Limited, Perambalur Sugar Mills Limited, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).

Israr Ahmad ceased to be Additional Director on 28 Sep 2022. Israr Ahmad was appointed as Managing Director on 01 Aug 2022. Ashish Singh Yadav ceased to be Additional Director on 15 Nov 2021. Shervani Sugar Syndicate has 26 board changes on record in total.

Yes, Shervani Sugar Syndicate is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-45-0000059).

Shervani Sugar Syndicate has 2 MSME Form 1 returns on record between 2023 and 2024, listing 22 overdue payments to 10 micro and small suppliers. The latest return was filed on 24 May 2024.

Shervani Sugar Syndicate can be reached through the website saleemshervani.com. Its registered office is in Uttar Pradesh, India.