Sri Basaveshwara Sugars Limited
About Sri Basaveshwara Sugars Limited
Data last updated:
Sri Basaveshwara Sugars Limited is a public limited company based in Belgavi, Karnataka, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 21 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15421KA2007PLC041842. Its GSTIN is 29AAKCS8114L1ZS (Karnataka).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It is led by directors including Vijay Raghunath Kadam (Managing Director) and Basir Nijam Sande.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Balligeri Tal – Athani, Belgavi, Karnataka, India – 591212.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.97 Cr (net margin -21.1%) and EBITDA of ₹5.61 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 618% over three years and 235% over five years.
As per MCA filings, the company has open charges of ₹95.08 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Basaveshwara Sugars Limited's registered office is in Belgavi, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBalligeri Tal – Athani, Belgavi, Karnataka, India – 591212
- IndustryAgriculture, Sugar Processing
To see the full contact details of Sri Basaveshwara 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 Sri Basaveshwara 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 Sri Basaveshwara Sugars Limited, buy the company report.
Financials of Sri Basaveshwara Sugars Limited
FY 2025 filings availableSri Basaveshwara Sugars Limited reported revenue of ₹37.81 Cr (up 187% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 235% over five years, including 187% growth in the latest year. EBITDA rose 543% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.61 Cr | ||||
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| Net Profit (PAT) | -₹7.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | -21.1% | ||||
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To see the full financial statements and ratios of Sri Basaveshwara Sugars Limited, buy the company report.
Board of directors of Sri Basaveshwara Sugars Limited
Sri Basaveshwara Sugars has 7 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basir Nijam Sande | Director | 10 May 2017 | 9 Years 5 Months | Current |
| Vijay Laxman Koli Also directs: Shripati Sugar and Power Limited, Udagiri Sugar and Power Limited | Director | 28 Sep 2016 | 10 Years 1 Months | Current |
| Sagar Subrao Kadam Also directs: Shripati Sugar and Power Limited, Udagiri Sugar and Power Limited, Abhi Business Services LLP and 2 more | Director | 30 Dec 2020 | 5 Years 10 Months | Current |
| Vijay Raghunath Kadam Also directs: Sonhira Stationers Private Limited | Managing Director | 30 Dec 2020 | 5 Years 10 Months | Current |
| Ramchandra Atmaram Kadam Also directs: Myrah Hospitality Limited Liability Partnership | Director | 30 Dec 2020 | 5 Years 10 Months | Current |
| Pralhad Balkrishna Patil Also directs: Shripati Sugar and Power Limited, Smart Vision Private Limited | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Sri Basaveshwara Sugars Limited is audited by D B GANDHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B GANDHI & ASSOCIATES | FY 2023 | 102977W |
Shareholding
The shareholding of Sri Basaveshwara Sugars Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sri Basaveshwara Sugars Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2025 | 101118579 | Others | ₹4.13 Cr | Open | |
| 17 Jun 2025 | 101118622 | Others | ₹7 Cr | Open | |
| 06 Jan 2025 | 101035022 | Others | ₹17 Cr | Open | |
| 12 Dec 2024 | 101022736 | Others | ₹7 Cr | Open | |
| 21 Jun 2024 | 100941943 | Others | ₹2.6 Cr | Open |
To see the full charge records of Sri Basaveshwara Sugars Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sri Basaveshwara Sugars Limited has 2 court cases on record: 2 filed by Sri Basaveshwara Sugars. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Sri Basaveshwara 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 Sri Basaveshwara Sugars Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Basaveshwara Sugars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS8114L1ZS | Karnataka | Active | 07 Feb 2020 |
To see the full GST registrations and return filing status of Sri Basaveshwara Sugars Limited, buy the company report.
Recent activity
Sri Basaveshwara Sugars Limited has 46 board changes on record since 2007: 26 appointments and 20 cessations. The latest: Devendra Sitaram Mayekar ceased to be Director on 10 Jun 2022.
45 earlier events are in the company report.
Frequently asked questions
Sri Basaveshwara Sugars is an active public limited company based in Belgavi, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 21 February 2007 (19+ years old) and is registered under CIN U15421KA2007PLC041842.
Sri Basaveshwara Sugars has 7 current directors:
- Vijay Raghunath Kadam - Managing Director
- Basir Nijam Sande - Director
- Vijay Laxman Koli - Director
- Sagar Subrao Kadam - Director
- Ramchandra Atmaram Kadam - Director
- Pralhad Balkrishna Patil - Director
- Kakasaheb Dadu Jadhav - Director
The latest financial statements of Sri Basaveshwara Sugars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sri Basaveshwara Sugars is 29AAKCS8114L1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Sri Basaveshwara Sugars is U15421KA2007PLC041842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Basaveshwara Sugars has 2 court cases on record: 2 filed by the company.
Sri Basaveshwara Sugars was incorporated on 21 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Devendra Sitaram Mayekar ceased to be Director on 10 Jun 2022. Kakasaheb Dadu Jadhav was appointed as Director on 29 Apr 2022. Pralhad Balkrishna Patil was appointed as Director on 29 Apr 2022. Sri Basaveshwara Sugars has 46 board changes on record in total.
The registered office of Sri Basaveshwara Sugars is at Balligeri Tal – Athani, Belgavi, Karnataka, India – 591212.
Sri Basaveshwara Sugars operates in the agriculture industry, in the sugar processing segment.
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