Shivaji Cane Processors Limited

Shivaji Cane Processors Limited - agriculture in Shirala, Maharashtra, India. FY 2026 financials & compliance.
CIN U15421PN2010PLC136604 Incorporated 17 June 2010 ROC Pune HQ Shirala, Maharashtra, India
Active Public Limited Company agriculture MSME · Medium
Revenue · FY 2024
₹29.5 Lakh
▲ 16% YoY
Net profit · FY 2024
₹10.45 Cr
Latest filing
EBITDA · FY 2024
₹14.45 Cr
Latest filing
Authorised capital
₹22.34 Cr
Registered with MCA
Paid-up capital
₹17.34 Cr
Issued & subscribed
Open charges
₹55.63 Cr
Satisfied ₹3.75 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
158
Provident fund records

About Shivaji Cane Processors Limited

Data last updated:

Shivaji Cane Processors Limited is a public limited company based in Shirala, Maharashtra, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 17 June 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15421PN2010PLC136604. Its GSTIN is 27AAOCS7214B3ZC (Maharashtra). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹22.34 Cr and a paid-up capital of ₹17.34 Cr. It was formerly known as Shivaji Cane Processors Private Limited. It is led by directors including Abhijit Shivajirao Naik (Managing Director) and Satyajit Shivajirao Naik.

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 Plot No D4 MIDC Area A/P MIDC Shirala Tal – Shirala, Maharashtra, India – 415408.

As per the financials filed for FY 2024, the company reported a revenue of ₹29.5 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹10.45 Cr and EBITDA of ₹14.45 Cr. Revenue has declined at a compounded annual rate (CAGR) of 47% over five years.

The company has about 158 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹55.63 Cr and satisfied charges of ₹3.75 Cr on record. Court records list 570 cases involving the company, including 2 filed by the company and 568 filed against it; 127 cases are pending.

Shivaji Cane Processors Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0000321). 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 shivajicane.com.

Company details

CIN U15421PN2010PLC136604
Registration Number 136604
Incorporation Date 17 June 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-29-0000321

CIN history

Shivaji Cane Processors has one previous CIN (Corporate Identification Number): U15421PN2010PTC136604. The current CIN is U15421PN2010PLC136604, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15421PN2010PLC136604Current
U15421PN2010PTC136604Previous
Key People
Abhijit Shivajirao Naik Managing Director Prasad Pandurang Mokashi Cfo Sanjay Tapriya Additional Director

Recognitions & Rankings of Shivaji Cane Processors

MSME (Udyam registered) Ministry of MSME
Category
Medium (2022-23)
Udyam number
UDYAM-MH-29-0000321

Contact details

Shivaji Cane Processors Limited's registered office is in Shirala, Maharashtra. Its website is shivajicane.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shivajicane.com
  • Registered Address
    Plot No D4 MIDC Area A/P MIDC Shirala Tal – Shirala, Maharashtra, India – 415408
  • Industry
    Agriculture, Sugar Processing

To see the full contact details of Shivaji Cane Processors Limited, buy the company report.

Comprehensive company report
Shivaji Cane Processors Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Shivaji Cane Processors is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Shivaji Cane Processors Limited, buy the company report.

Financials of Shivaji Cane Processors Limited

FY 2024 filings available

Shivaji Cane Processors Limited reported revenue of ₹29.5 Lakh (up 16% YoY) for FY 2024.

Revenue · FY 2024
₹29.5 Lakh ▲ 16%
Net profit · FY 2024
₹10.45 Cr
EBITDA · FY 2024
₹14.45 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
5 years · compounded
▼ 47%
EBITDA CAGR growth
5 years · compounded
▲ 38%

Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 47%. 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₹14.45 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.45 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 Margin
Net Profit Margin
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 Shivaji Cane Processors Limited, buy the company report.

Board of directors and KMP of Shivaji Cane Processors Limited

Shivaji Cane Processors Limited currently reports 6 directors and 1 key managerial person. 6 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Sanjay Tapriya
Also directs: CL Educate Limited, Shakumbari Sugar and Allied Industries Limited, Esquire Financial Services Limited
Additional Director24 Nov 20232 Years 11 MonthsCurrent
Satyajit Shivajirao Naik
Also directs: Sunanda Agro Products Limited
Director04 Jun 201115 Years 5 MonthsCurrent
Abhijit Shivajirao Naik
Also directs: Trimurti Greenfield Private Limited, Sunanda Agro Products Limited, Yashwant Energy Private Limited
Managing Director17 Jun 201016 Years 4 MonthsCurrent
Gopal Krishan Sood
Also directs: KN Agri Resources Limited, Aelea Commodities Limited, Meir Commodities India Limited and 1 more
Additional Director24 Nov 20232 Years 11 MonthsCurrent
Rahil Irfan Shaikh
Also directs: Shakumbari Sugar and Allied Industries Limited, Meir Commodities India Limited, Alpha Majoris Education Private Limited and 3 more
Director24 Nov 20232 Years 11 MonthsCurrent
Randhir Naik Shivajirao
Also directs: Trimurti Greenfield Private Limited, Sunanda Agro Products Limited
Director11 Feb 201412 Years 9 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Auditor

Shivaji Cane Processors Limited is audited by Khire Khandekar & Kirloskar for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Khire Khandekar & KirloskarFY 2023105148W

Shareholding

The shareholding of Shivaji Cane Processors 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 categoryFY 2023FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shivaji Cane Processors Limited, buy the company report.

Charges & borrowings

Open charges
₹55.63 Cr
Satisfied charges
₹3.75 Cr
Breakdown by lending institutions
Others₹39.63 Cr
Mahindra and Mahindra Financial Services Limited₹16.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Mar 2017100089126Others₹6 CrOpen
06 Mar 2017100089127Others₹20 CrOpen
28 Sep 201510597648Others₹13.63 CrOpen
14 Feb 201310414511Mahindra and Mahindra Financial Services Limited₹16 CrOpen
18 Dec 201310470914Mahindra and Mahindra Financial Services Limited₹3.75 CrSatisfied

To see the full charge records of Shivaji Cane Processors Limited, buy the company report.

Total charge records: 5 View all charges

Credit ratings & regulatory alerts

Shivaji Cane Processors Limited was last rated by Care on 02 Sep 2021.

Rating agencyRated onRating
Care02 Sep 2021

To see the full credit ratings and regulatory alerts of Shivaji Cane Processors Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shivaji Cane Processors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Shivaji Cane Processors Limited has a workforce of 158 employees on its EPFO records as of Feb 2020, across 1 active EPFO establishment.

Employee count
158
Active EPFO establishments
1
Employee growth
-4.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2019-20158
FY 2018-19
FY 2017-18
FY 2016-17
FY 2015-16
FY 2014-15

To see the full employee and EPFO history of Shivaji Cane Processors Limited, buy the company report.

GST

Shivaji Cane Processors has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAOCS7214B3ZCMaharashtraActive05 Jul 2021

To see the full GST registrations and return filing status of Shivaji Cane Processors Limited, buy the company report.

Recent activity

Shivaji Cane Processors Limited has 13 board changes on record since 2010: 7 appointments and 6 cessations. The latest: Prasad Pandurang Mokashi was appointed as CFO on 01 Feb 2024.

AGM
Shivaji Cane Processors Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 6.00 Cr registered on 17 Mar 2017 with Charge ID 100089126 was modified on 30 Aug 2024.
Filing
Shivaji Cane Processors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Prasad Pandurang Mokashi was appointed as CFO.
Appointed
Gopal Krishan Sood was appointed as Additional Director.
Appointed
Rahil Irfan Shaikh was appointed as Director.
Appointed
Sanjay Tapriya was appointed as Additional Director.
Ceased
Bhimrao Tukaram Patil ceased to be Director.
Charges
A charge with Others of Rs. 13.63 Cr registered on 28 Sep 2015 with Charge ID 10597648 was modified on 05 Nov 2019.
Ceased
Shashikant Hirachand Shah ceased to be Director.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100089126 was registered on 17 Mar 2017.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100089127 was registered on 06 Mar 2017.

13 earlier events are in the company report.

Frequently asked questions

Shivaji Cane Processors is an active public limited company based in Shirala, Maharashtra, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 17 June 2010 (16+ years old) and is registered under CIN U15421PN2010PLC136604.

Shivaji Cane Processors has 7 current directors and KMP:

The latest financial statements of Shivaji Cane Processors 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 Shivaji Cane Processors is 27AAOCS7214B3ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Shivaji Cane Processors is U15421PN2010PLC136604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shivaji Cane Processors has 570 court cases on record: 2 filed by the company and 568 filed against it. 127 are pending. Most are in the district courts.

Shivaji Cane Processors was incorporated on 17 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.

Prasad Pandurang Mokashi was appointed as CFO on 01 Feb 2024. Gopal Krishan Sood was appointed as Additional Director on 24 Nov 2023. Rahil Irfan Shaikh was appointed as Director on 24 Nov 2023. Shivaji Cane Processors has 13 board changes on record in total.

Yes, Shivaji Cane Processors is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-29-0000321).

Shivaji Cane Processors can be reached through the website shivajicane.com. Its registered office is in Shirala, Maharashtra, India.