
Shivneri Sugars Limited
About Shivneri Sugars Limited
Data last updated:
Shivneri Sugars Limited is a public limited company based in Palus, Maharashtra, India, a subsidiary of Athani Sugars Limited. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 16 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15400PN2016PLC167162. Its GSTIN is 27AAXCS8050L1ZG (Maharashtra).
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹65.35 Cr. It is led by directors including Sushant Patil (Managing Director) and Yogesh Shrimant Patil.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Palus, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.72 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹8.89 Lakh and EBITDA of -₹8.15 Lakh (EBITDA margin -473.8%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹375.78 Cr and satisfied charges of ₹42.25 Cr on record. Court records list 48 cases involving the company, including 41 filed by the company and 5 filed against it; 41 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹29.2 Cr; the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressS – I Shiv Pavilion S. No. 179, Sangli, Palus, Maharashtra, India – 416416
- IndustryAgriculture, Agro Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Shivneri Sugars Limited FY 2025 filings available
Shivneri Sugars Limited reported revenue of ₹1.72 Lakh (down 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Shivneri Sugars Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 96% fall 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 of Shivneri Sugars Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.72 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹8.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.89 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shivneri Sugars Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -473.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shivneri Sugars are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Shivneri Sugars Limited
Shivneri Sugars Limited is audited by A.D.Shinde & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.D.Shinde & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shivneri Sugars Limited
Shivneri Sugars has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Shrimant Patil | Director | 16 Nov 2016 | 9 Years 10 Months | Current |
| Shrimant Balasaheb Patil Also directs: Vishwanath Starch Industries Limited, Athani Sugars Limited | Director | 16 Nov 2016 | 9 Years 10 Months | Current |
| Sushant Patil | Managing Director | 16 Nov 2016 | 9 Years 10 Months | Current |
| Shubhangi Sushant Patil | Additional Director | 25 Mar 2025 | 1 Years 6 Months | Current |
| Shrinivas Shrimant Patil Also directs: Athani Sugars Limited | Director | 16 Nov 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Shivneri Sugars Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shivneri Sugars Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2025 | Others | ₹12.5 Cr | Open |
| 27 Dec 2024 | Hdfc Bank Limited | ₹9.49 Lakh | Open |
| 24 Dec 2024 | Hdfc Bank Limited | ₹9.49 Lakh | Open |
| 24 Dec 2024 | Hdfc Bank Limited | ₹9.49 Lakh | Open |
| 10 Dec 2024 | Others | ₹183 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Shivneri Sugars Limited
Shivneri Sugars Limited has 1 deal on record (1 funding round), with disclosed funding of ₹29.2 Cr; the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹29.2 Cr | Investors: Athani Sugars Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Shivneri Sugars Limited
Shivneri Sugars Limited has 48 court cases on record: 41 filed by Shivneri Sugars, 5 filed against it, 2 where it is another party. 41 cases are pending and 7 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 5 | 39 |
| High courts | 4 | 0 | 2 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Satara, Maharashtra | Court case (Cri.Appeal) | Filed against the company by Jijamata Sugar and Power Industries Limited | Pending |
| District court, Satara, Maharashtra | Civil suit | Filed against the company by Jijamata Sugar and Power Industries Limited | Disposed |
| District court, Satara, Maharashtra | Civil suit | Filed against the company by Jijamata Sugar and Power Industries Limited | Disposed |
| District court, Satara, Maharashtra | Court case (Cri.Appeal) | Filed against the company by Jijamata Sugar and Power Ind Ltd | Pending |
| District court, Satara, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 48 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shivneri Sugars Limited
Shivneri Sugars Limited has a workforce of 0 employees as of Dec 13, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shivneri Sugars Limited
Shivneri Sugars Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Shubhangi Sushant Patil was appointed as Additional Director on 25 Mar 2025.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shivneri Sugars Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shivneri Sugars Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shivneri Sugars Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shivneri Sugars Limited
Shivneri Sugars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS8050L1ZG | Maharashtra | Active | 11 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shivneri Sugars Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shivneri Sugars Limited
Shivneri Sugars is an active public limited company based in Palus, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 16 November 2016 (10+ years old) and is registered under CIN U15400PN2016PLC167162.
Shivneri Sugars reported revenue of ₹1.72 Lakh for FY 2023 (down 96% YoY).
Shivneri Sugars has 5 current directors:
- Sushant Patil - Managing Director
- Yogesh Shrimant Patil - Director
- Shrimant Balasaheb Patil - Director
- Shubhangi Sushant Patil - Additional Director
- Shrinivas Shrimant Patil - Director
Shivneri Sugars reported a net loss of ₹8.89 Lakh and EBITDA of -₹8.15 Lakh (EBITDA margin -473.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shivneri Sugars is -68% over three years and -13% over five years. In the latest year (FY 2023) revenue fell 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shivneri Sugars is 27AAXCS8050L1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shivneri Sugars is U15400PN2016PLC167162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivneri Sugars has 48 court cases on record: 41 filed by the company and 5 filed against it. 41 are pending. Most are in the district courts.
Shivneri Sugars was incorporated on 16 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Shivneri Sugars has 1 deal on record (1 funding round), with disclosed funding of ₹29.2 Cr; the latest was in March 2022.