Soubhagya Laxmi Sugars Limited
About Soubhagya Laxmi Sugars Limited
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Soubhagya Laxmi Sugars Limited is a public limited company based in Gokak, Karnataka, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 31 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15421KA2008PLC048749. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹83 Cr and a paid-up capital of ₹82.21 Cr. It was formerly known as Soubhagya Laxmi Sugars Private Limited. It is led by directors including Chetan Sharanagouda Biradar and Ganadinni Timmana Gouda.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 211/2B Plot No.4 Falls Road Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2019, the company reported a revenue of ₹126.32 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net loss of ₹17.2 Cr (net margin -13.6%) and EBITDA of -₹5.83 Cr (EBITDA margin -4.6%).
The company has about 276 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹197.34 Cr and satisfied charges of ₹500.81 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 1 case is pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹52.09 Cr; the latest was in June 2016. Its 8 peer companies in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 3 smaller; the largest is Arihant Sugar Industriess Limited with revenue of ₹132.97 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Soubhagya Laxmi Sugars has one previous CIN (Corporate Identification Number): U15421KA2008PTC048749. The current CIN is U15421KA2008PLC048749, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15421KA2008PLC048749 | Current |
| U15421KA2008PTC048749 | Previous |
Contact details
Soubhagya Laxmi Sugars Limited's registered office is in Gokak, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address211/2B Plot No.4 Falls Road Gokak, Karnataka, India – 591307
- IndustryAgriculture, Sugar Processing
To see the full contact details of Soubhagya Laxmi 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
Business activity
The main business activity of Soubhagya Laxmi Sugars 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 Soubhagya Laxmi Sugars Limited, buy the company report.
Financials of Soubhagya Laxmi Sugars Limited
FY 2019 filings availableSoubhagya Laxmi Sugars Limited reported revenue of ₹126.32 Cr (up 90% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 90% in the latest year. EBITDA rose 46% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹126.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.2 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | ||||
| Net Profit Margin | -13.6% | ||||
| 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 Soubhagya Laxmi Sugars Limited, buy the company report.
Board of directors of Soubhagya Laxmi Sugars Limited
Soubhagya Laxmi Sugars has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Sharanagouda Biradar Also directs: Shri Laxmi Narasimha Sugars Private Limited | Additional Director | 25 Nov 2024 | 1 Years 11 Months | Current |
| Ganadinni Timmana Gouda Also directs: Shri Laxmi Narasimha Sugars Private Limited | Additional Director | 25 Nov 2024 | 1 Years 11 Months | Current |
| Chandrashekhar Also directs: Shri Laxmi Narasimha Sugars Private Limited | Additional Director | 25 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Soubhagya Laxmi Sugars 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 |
|---|---|---|---|---|---|---|
| Arihant Sugar Industriess Limited | ₹132.97 Cr (FY 2025) | -46.0% | Belgaum, Karnataka, India | |||
| Sidhanath Sugar Mills Limited | ₹132.09 Cr (FY 2024) | -47.0% | Solapur, Maharashtra, India | |||
| Uttar Pradesh State Sugar Corpn Limited | ₹131.21 Cr (FY 2016) | 9.0% | Uttar Pradesh, India | |||
| Shree Tuljabhavani Sugar Private Limited | ₹129.71 Cr (FY 2025) | 256.0% | Parbhani, Maharashtra, India | |||
| Trident Sugars Limited | ₹126.4 Cr (FY 2019) | 49.0% | Zaheerabad, Telangana, India | |||
| Soubhagya Laxmi Sugars Limitedthis company | ₹126.32 Cr (FY 2019) | -₹17.2 Cr | -13.6% | 90.0% | 276 | Gokak, Karnataka, India |
| Novel Sugar Limited | ₹124.59 Cr (FY 2025) | -33.0% | Kanpur, Uttar Pradesh, India | |||
| Venus Sugar Limited | ₹123.04 Cr (FY 2024) | 5.0% | Chandausi, Uttar Pradesh, India | |||
| Vanshika Sugar & Power Industries Limited | ₹122.14 Cr (FY 2025) | 55.0% | Narsinghpur, Madhya Pradesh, India |
To see the full peer comparison of Soubhagya Laxmi Sugars Limited, buy the company report.
Auditor
Soubhagya Laxmi Sugars Limited is audited by B V KIRAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V KIRAN & CO | FY 2019 | 016337S |
Shareholding
The shareholding of Soubhagya Laxmi Sugars Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Soubhagya Laxmi Sugars Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2018 | 100214674 | Others | ₹2.8 Cr | Open | |
| 14 Oct 2017 | 100131888 | Others | ₹6 Cr | Open | |
| 23 Jun 2017 | 100109929 | Ifci Limited | ₹9.28 Cr | Open | |
| 25 Oct 2016 | 100056751 | Others | ₹15 Cr | Open | |
| 28 Dec 2015 | 100017527 | Idbi Bank Limited | ₹12.5 Cr | Open |
To see the full charge records of Soubhagya Laxmi Sugars Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Soubhagya Laxmi Sugars Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹52.09 Cr; the latest was in June 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Funding round | ₹1.5 Cr | Investors: Prathamik Krishi Pattina Sahkari Bank Niyamit Ltd Nandikatti |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Shree Tadasal Mahalingeshwar Vividha Uddeshagala Souhardha Sahakari Limited Seller: Shree Tadasala Mahalineshwar Vivida Uddeshgala Souhardha Sahakari Niyamit Ltd Gokak Falls |
| Mar 2014 | Funding round | ₹9.63 Cr | Investors: Vyasaya Seva Sahakari Sanga Niyamit Ltd Shilthibhav, Vyavasaya S S S N Limited, Vyasaya Seva Sahakari Sanga Niyamit Ltd - Panjanatti |
| Jun 2011 | Funding round | ₹39.96 Cr | Investors: Vyasaya Seva Sahakari Sanga Niyamit Ltd Gujnal, Vyasaya Seva Sahakari Sanga Niyamit Ltd - Kundaragi, Vyasaya Seva Sahakari Sanga Niyamit Limited-Gillihouser, an individual |
| Nov 2009 | Funding round | ₹1 Cr | Investors: Shree Tadasal Mahalingeshwar Vividha Uddeshagala Souhardha Sahakari Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Soubhagya Laxmi Sugars Limited has 13 court cases on record: 3 filed by Soubhagya Laxmi Sugars, 10 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
| High courts | 4 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited Kptcl and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited Kptcl and 1 other | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Mangalore Electricity Supply Company Limited and 6 others | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed against the company by Employee’S Provident Fund Organization -Ro Hubli | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Soubhagya Laxmi 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Soubhagya Laxmi Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Soubhagya Laxmi Sugars Limited has a workforce of 276 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 276 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Soubhagya Laxmi Sugars Limited, buy the company report.
GST
Soubhagya Laxmi Sugars has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Soubhagya Laxmi Sugars Limited, buy the company report.
Recent activity
Soubhagya Laxmi Sugars Limited has 13 board changes on record since 2017: 3 appointments and 10 cessations. The latest: Beerappa Sannasiddappa Durgipujeri ceased to be Director on 26 Nov 2024.
47 earlier events are in the company report.
Frequently asked questions
Soubhagya Laxmi Sugars is an active public limited company based in Gokak, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 31 December 2008 (18+ years old) and is registered under CIN U15421KA2008PLC048749.
Soubhagya Laxmi Sugars has 3 current directors:
- Chetan Sharanagouda Biradar - Additional Director
- Ganadinni Timmana Gouda - Additional Director
- Chandrashekhar - Additional Director
The latest financial statements of Soubhagya Laxmi Sugars on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Soubhagya Laxmi Sugars has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Soubhagya Laxmi Sugars is U15421KA2008PLC048749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soubhagya Laxmi Sugars has 13 court cases on record: 3 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Soubhagya Laxmi Sugars was incorporated on 31 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Soubhagya Laxmi Sugars has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹52.09 Cr; the latest was in June 2016.
The peers of Soubhagya Laxmi Sugars by revenue are Arihant Sugar Industriess Limited, Sidhanath Sugar Mills Limited, Uttar Pradesh State Sugar Corpn Limited, Shree Tuljabhavani Sugar Private Limited, Trident Sugars Limited and 3 more, all in the Agriculture industry (Sugar), with the same principal business activity (food, beverages and tobacco products).
Beerappa Sannasiddappa Durgipujeri ceased to be Director on 26 Nov 2024. Chandrashekhar was appointed as Additional Director on 25 Nov 2024. Chetan Sharanagouda Biradar was appointed as Additional Director on 25 Nov 2024. Soubhagya Laxmi Sugars has 13 board changes on record in total.
The registered office of Soubhagya Laxmi Sugars is at 2112B Plot No.4 Falls Road Gokak, Karnataka, India – 591307.
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