About The India Sugars and Refineries Limited
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The India Sugars and Refineries Limited is a public limited company based in Bellary, Karnataka, India. It operates in the sugar segment of the agriculture sector. It was incorporated on 13 April 1933 and has been in existence for over 93 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L15426KA1933PLC001419. It is recorded as listed by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3 Cr.
Its last annual general meeting (AGM) was held on 31 December 2017, and its latest financial statements are for the year ended 03 April 2019. The registered office is at Bellary, Karnataka.
As per the financials filed for FY 2016, the company reported a revenue of ₹86.22 Cr. For the same year it recorded a net loss of ₹14.8 Cr (net margin -17.2%) and EBITDA of -₹7.02 Cr (EBITDA margin -8.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
Court records list 66 cases involving the company, including 39 filed by the company and 27 filed against it; 12 cases are pending.
For more details, the company can be reached via its website indiasugars.com.
Company details
Contact details
The India Sugars and Refineries Limited's registered office is in Bellary, Karnataka. Its website is indiasugars.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressChitwadgi, Hospet, Bellary, Karnataka, India – 583211
- IndustryAgriculture, Sugar
To see the full contact details of The India Sugars and Refineries 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 The India Sugars and Refineries Limited
FY 2019 filings availableThe India Sugars and Refineries Limited reported revenue of ₹86.22 Cr for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years. 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹86.22 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7.02 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹14.8 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.1% | |
| Net Profit Margin | -17.2% | |
| 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 The India Sugars and Refineries Limited, buy the company report.
Board of directors of The India Sugars and Refineries Limited
No directors are listed for The India Sugars and Refineries in the MCA records available to us.
Auditor
The India Sugars and Refineries Limited is audited by M S KRISHNASWAMI & RAJAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S KRISHNASWAMI & RAJAN | FY 2016 | 001554S |
Shareholding
The shareholding of The India Sugars and Refineries Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2014 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of The India Sugars and Refineries Limited, buy the company report.
Legal cases
The India Sugars and Refineries Limited has 66 court cases on record: 39 filed by The India Sugars and Refineries, 27 filed against it. 12 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 13 | 9 |
| Supreme Court | 16 | 11 | 0 |
| High courts | 11 | 3 | 3 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BALLARI, Karnataka | Court case (COM.O.S.) | Filed against the company by Bharat Petroleum Corporation Ltd Desur Taluk and District Belagavi by Its Pah Kshitija Midha | Disposed |
| District court, BALLARI, Karnataka | Civil suit | Filed against the company by Bharat Petroleum Corporation Ltd., Desur Taluk, by Its Power of Attorney Holder, Mr.Kshitija Midha | Disposed |
| District court, BALLARI, Karnataka | Court case (CRL.R.P.) | Filed against the company by Vijayanagar Sugar Private Limited and 5 others | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Vishwaraj Sugar Industries Ltd. Bellad Bagewadi TQ. Hukkeri, Dist. Belagavi , District: Hukkeri , , Karnataka | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by M/S. Sri Chamundeswari Sugars Ltd. Rep. by Its President Sri N. Nachiappan, S/O Ramaswamy, Age About 67 Years No. 88/5 , District: Richmond Road , , Karnataka | Disposed |
To see the full case history of The India Sugars and Refineries 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 The India Sugars and Refineries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for The India Sugars and Refineries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Frequently asked questions
The India Sugars and Refineries is an active public limited company based in Bellary, Karnataka, India. The company works in sugar, within the agriculture industry. It was incorporated on 13 April 1933 (93+ years old) and is registered under CIN L15426KA1933PLC001419.
The latest financial statements of The India Sugars and Refineries on record with the MCA are for the year ended 03 April 2019. Its last annual general meeting was held on 31 December 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of The India Sugars and Refineries is L15426KA1933PLC001419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The India Sugars and Refineries is recorded as a listed company by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
The India Sugars and Refineries has 66 court cases on record: 39 filed by the company and 27 filed against it. 12 are pending. Most are in the district courts.
The India Sugars and Refineries was incorporated on 13 April 1933, making it 93+ years old. It is registered with the Registrar of Companies, Bangalore.
The India Sugars and Refineries can be reached through the website indiasugars.com. Its registered office is in Bellary, Karnataka, India.
The registered office of The India Sugars and Refineries is at Chitwadgi, Hospet, Bellary, Karnataka, India – 583211.
The India Sugars and Refineries operates in the agriculture industry, in the sugar segment.
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