Sugar Grid Limited
About Sugar Grid Limited
Data last updated:
Sugar Grid Limited is a public limited company based in Pune, Maharashtra, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 18 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15424PN2011PLC138914. Its GSTIN is 27AAHCM5573G1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.76 Cr. It was formerly known as Man - Khatav Sugar and Power Limited. It is led by directors including Ranjitsinh Dharyashilrao Deshmukh and Manesh Gulabrao Raut.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gera Isle Royale Villa No 26 S No 24/1 To 8 Nr Kokate Wasti Bavdan, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.58 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 22.1%) and EBITDA of ₹4.14 Lakh (EBITDA margin 48.2%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹140.14 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sugar Grid Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGera Isle Royale Villa No 26 S No 24/1 To 8 Nr Kokate Wasti Bavdan, Pune, Maharashtra, India – 411021
- IndustryAgriculture, Sugar Processing
To see the full contact details of Sugar Grid 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
Financials of Sugar Grid Limited
FY 2025 filings availableSugar Grid Limited reported revenue of ₹8.58 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 4% fall in the latest year. EBITDA fell 20% 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 | ₹4.14 Lakh | ||||
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| Net Profit (PAT) | ₹1.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 22.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sugar Grid Limited, buy the company report.
Board of directors of Sugar Grid Limited
Sugar Grid has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purushottam Shantinath Vankudre | Additional Director | 11 Mar 2024 | 2 Years 7 Months | Current |
| Ranjitsinh Dharyashilrao Deshmukh | Director | 18 Mar 2011 | 15 Years 7 Months | Current |
| Manesh Gulabrao Raut | Director | 19 Mar 2018 | 8 Years 7 Months | Current |
| Vikramaditya Ranjitsinh Deshmukh | Additional Director | 08 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Sugar Grid Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhampur Spaces Private Limited | ₹9.24 Lakh (FY 2024) | -2.0% | Bijnor, Uttar Pradesh, India | |||
| India Ethanol and Sugar Limited | ₹9.16 Lakh (FY 2017) | 121.0% | New Delhi, Delhi, India | |||
| Maa Vindhyawasini Sugar and Biofuels Private Limited | ₹9.06 Lakh (FY 2025) | 196.0% | Gadarwara, Madhya Pradesh, India | |||
| Jagmitra Sugar Mills Limited | ₹9.01 Lakh (FY 2020) | -3.0% | Pune, Maharashtra, India | |||
| Jaydatta Agro Industries Limited | ₹8.96 Lakh (FY 2018) | -35.0% | Pune, Maharashtra, India | |||
| Sugar Grid Limitedthis company | ₹8.58 Lakh (FY 2025) | ₹1.9 Lakh | 22.1% | -4.0% | Pune, Maharashtra, India | |
| Thaayi Thimmamma Sugar and Ethanol Private Limited | ₹8.37 Lakh (FY 2024) | Yadgir, Karnataka, India | ||||
| Prachiti Agro Industries Private Limited | ₹8.33 Lakh (FY 2025) | -12.0% | Sangli, Maharashtra, India | |||
| SRK Sugars Private Limited | ₹8.1 Lakh (FY 2025) | 10.0% | Bagalkot, Karnataka, India | |||
| Shri Dhanamma Devi Sugar and Power Limited | ₹7.94 Lakh (FY 2025) | 38.0% | Pune, Maharashtra, India | |||
| Pearl Sugars Limited | ₹7.88 Lakh (FY 2022) | 1.0% | Beed, Maharashtra, India |
To see the full peer comparison of Sugar Grid Limited, buy the company report.
Auditor
Sugar Grid Limited is audited by SHINDE CHAVAN GANDHI & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHINDE CHAVAN GANDHI & COMPANY | FY 2021 | 129980W |
Shareholding
The shareholding of Sugar Grid Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sugar Grid Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2021 | 100453652 | Others | ₹140.14 Cr | Satisfied |
To see the full charge records of Sugar Grid Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sugar Grid Limited has 12 court cases on record: 10 filed by Sugar Grid, 2 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 2 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Union of India and Others | Pending |
| Supreme Court | Court case (2810-Mercantile Laws, Commercial Transactions Including Banking : Bank Guarantee matters) | Filed by the company against Union of India Through Secretary Deptt of Food and Public Distribution Through Secretary Krishi Bhavan ,New Delhi , Delhi and 3 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Union of India and Ors | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Sugar Grid 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 Sugar Grid Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sugar Grid has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM5573G1Z7 | Maharashtra | Active | 12 Feb 2018 |
To see the full GST registrations and return filing status of Sugar Grid Limited, buy the company report.
Recent activity
Sugar Grid Limited has 15 board changes on record since 2011: 6 appointments and 9 cessations. The latest: Bipin Rajaram Shinde ceased to be Director on 08 Feb 2025.
8 earlier events are in the company report.
Frequently asked questions
Sugar Grid is an active public limited company based in Pune, Maharashtra, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 18 March 2011 (15+ years old) and is registered under CIN U15424PN2011PLC138914.
Sugar Grid has 4 current directors:
- Purushottam Shantinath Vankudre - Additional Director
- Ranjitsinh Dharyashilrao Deshmukh - Director
- Manesh Gulabrao Raut - Director
- Vikramaditya Ranjitsinh Deshmukh - Additional Director
The latest financial statements of Sugar Grid on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sugar Grid is 27AAHCM5573G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sugar Grid is U15424PN2011PLC138914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sugar Grid has 12 court cases on record: 10 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Sugar Grid was incorporated on 18 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Sugar Grid by revenue are Dhampur Spaces Private Limited, India Ethanol and Sugar Limited, Maa Vindhyawasini Sugar and Biofuels Private Limited, Jagmitra Sugar Mills Limited, Jaydatta Agro Industries Limited and 5 more, all in the Agriculture industry (Sugar).
Bipin Rajaram Shinde ceased to be Director on 08 Feb 2025. Randhir Subhashrao Jadhav ceased to be Director on 08 Feb 2025. Vikramaditya Ranjitsinh Deshmukh was appointed as Additional Director on 08 Feb 2025. Sugar Grid has 15 board changes on record in total.
The registered office of Sugar Grid is at Gera Isle Royale Villa No 26 S No 241 To 8 Nr Kokate Wasti Bavdan, Pune, Maharashtra, India – 411021.
Sugar Grid operates in the agriculture industry, in the sugar processing segment.