Brihan Maharashtra Sugar Syndicate Ltd Company Profile and Performance

Brihan Maharashtra Sugar Syndicate Ltd is a prominent sugar company based in India. It was incorporated in 1934.

The company has a rich history, with its roots dating back to 1934.

Brihan Maharashtra Sugar Syndicate Ltd is a public limited company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

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The Brihan Maharashtra Sugar Syndicate Ltd. has a rich history that dates back to 1919. It was founded in that year.

The company was established to promote the sugar industry in the state of Maharashtra, India. The founders had a vision to make Maharashtra a major sugar-producing state.

The company's name, Brihan Maharashtra Sugar Syndicate Ltd., is a reflection of its focus on the sugar industry. It is a name that has stood the test of time.

The company's headquarters is located in Pune, Maharashtra, India. This is where the company's main operations are based.

The company's founding marked the beginning of a new era in the sugar industry in Maharashtra. It paved the way for other companies to follow in its footsteps.

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The leadership at Brihan Maharashtra Sugar Syndicate Ltd. has been in good hands since Ashutosh Agashe took over as chairman and managing director in 2009. Ashutosh has been instrumental in guiding the syndicate through various challenges, including the sale of its liquor manufacturing arm to Radico Khaitan in 2013.

Ashutosh's leadership has also been marked by philanthropic efforts, such as donating oxygen concentrators to hospitals in Shreepur, Maharashtra during the COVID-19 pandemic in 2021. This shows that the syndicate values community welfare and is committed to making a positive impact.

The syndicate has a strong team of directors, including Rekha Dnyaneshwar Agashe, who has been a director since 1990, and Ashutosh Dnyaneshwar Agashe, who has been the managing director since 1996. Both Rekha and Ashutosh are still current directors, demonstrating their commitment to the syndicate's success.

Here are the current directors and their designations:

The syndicate's commitment to community welfare and its strong leadership team are just a few examples of its dedication to making a positive impact.

The Brihan Maharashtra Sugar Syndicate Ltd. has experienced a modest growth in revenue, with a 9.47% increase in FY 2022. This growth is a positive sign for the company's financial health.

The company's total assets have also seen a moderate increase, with a 2.32% growth in FY 2022. This suggests that the company is investing in its assets and infrastructure.

One area of concern is the company's profitability, which saw a 8.27% decrease in FY 2022. This decrease in profitability could be a result of various factors, including increased competition or operational inefficiencies.

Here are some key financial metrics for the company:

Business reports provide a wealth of information about a company's financial performance. The Brihan Maharashtra Sugar Syndicate has been publishing director's reports since 1959.

These reports are typically published annually and offer insights into the company's financial health, production capacity, and market position. Agashe, D. C. was a key figure in publishing these reports, with the first one being released on August 14, 1990.

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The reports often highlight the company's achievements and challenges, providing a comprehensive view of its operations. For example, Agashe's 1992 report noted the company's efforts to improve sugar production and reduce costs.

Here are some key dates from the director's reports:

These reports are essential for understanding the company's financial performance and its position in the industry.

The Brihan Maharashtra Sugar Syndicate Ltd experienced a 9.47% increase in revenue for the financial year ended 2022, a modest growth compared to previous years.

The company's total assets saw a moderate rise of 2.32% in 2022, a relatively stable growth rate.

Their profit took a hit, with an 8.27% decrease in 2022, a slight decline from the previous year.

The company's net worth moved up by a moderate rise of 2.15% in 2022, indicating a stable financial position.

Here's a breakdown of the company's key financial metrics for the past few years:

The company's authorised capital is ₹5.00 Cr, as of 03-09-2025, while the paid-up capital is ₹2.27 Cr, also as of 03-09-2025.

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The Charges (Loans) section of the financial performance report provides valuable insights into the company's borrowing activities.

Axis Bank Limited has been a significant lender to the company, with a loan of ₹2.50 M dated 27 Jul 2019 being one of the largest.

The company has multiple loans outstanding, with a total amount of ₹1.00 M from Axis Bank Limited and ₹1.50 M from Others.

The oldest loan on record is from Axis Bank Limited, dated 27 Jul 2019.

Here is a summary of the loans outstanding:

The status of all loans is currently "Open", indicating that they are active and have not been paid off.

The Brihan Maharashtra Sugar Syndicate Ltd. has a clear ownership structure. The promoter holding is 13.30%.

In 2022, the company's public holding was 86.70%. This means that a significant portion of the company is owned by the general public.

The company has a total of 2 subsidiaries, indicating a relatively complex organizational structure.

Accessing the credit rating data of Brihan Maharashtra Sugar Syndicate Ltd. is a valuable step in understanding its financial stability.

The company's creditworthiness can be evaluated by exploring assessments from leading credit rating agencies.

Rating agencies assess various factors such as debt obligations, liquidity, profitability, and overall financial health.

These assessments provide valuable insights into the company's creditworthiness and financial stability.

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