Promoter holding
64.27%
NS
Nirani Sugars Limited - Due diligence report
A 360° intelligence report on Nirani Sugars Limited: trust score, financial health, credit view, compliance, directors, growth and distress …
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Nirani Sugars Limited — 360° Intelligence Report
Generated from MCA filings & public records60/100
Trust Score
Moderate
Nirani Sugars Limited is assessed as Moderate with a Trust Score of 60/100. Nirani Sugars Limited is an active public limited indian non-government company incorporated in 2020, operating in the Agriculture sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.
Report generated on 27 Jul 2026 from the latest processed filings. Nirani Sugars Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
60/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
30/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
50/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 3 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 50/100 Moderate
- Negative operating earnings - debt service depends on external support.
- Profitable - internal accruals available.
Charges position: 49 open (3,447.35 cr) · 32 satisfied (2,040.33 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 44 | 48.0 cr |
| Bank Of India | 15 | 48.0 cr |
| Idbi Trusteeship Services Limited | 1 | 48.0 cr |
| Ifci Limited | 5 | 48.0 cr |
| State Bank Of India | 1 | 48.0 cr |
| Government Of India Represented By Ifci Ltd. | 2 | 48.0 cr |
Compliance Score: 88/100 Low Risk
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- 1 active GST registration(s).
05
Director Intelligence
Stability score: 30/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| UDAYA REDDY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MURIGEPPA SHIVAPUTRAPPA HATTIKAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SOMASEKHARA CHIKKAVEERAPPA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KAMALA MURIGEPPA NIRANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANALI GAJANAN VELANGI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VIKRAM DATTATRAY KAKADE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VISHAL MURGESH NIRANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Narendra Mohan | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAMESH BIRADAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANGAMESH RUDRAPPA NIRANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Shreya Vishal Nirani | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Vikram Dattatray Kakade | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 12 directors on the board.
- SOMASEKHARA CHIKKAVEERAPPA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 8 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 7 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Key managerial personnel: MURIGEPPA SHIVAPUTRAPPA HATTIKAL (Whole-time director) · VISHAL MURGESH NIRANI (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 70 · Distress 50
Growth signals & trust indicators
Profit expanded 38% year-on-year.
Asset base grew 1.42 - capacity expansion.
Net margin improved to 2.1x.
Operating for 5 years.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 24% in a year.
Negative net worth.
7 director exits within 2 years.
49 open charge(s) registered - assets are encumbered.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence68/100
Review suggested
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment56/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 49 open charge(s) of 3,447.35 cr already registered.
- Compliance record supports lending.
Investor view57/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events23 Oct 2025
Charge created
Others - 50.00 cr
Charge created
Others - 10.00 cr
17 Oct 2025
Charge created
Bank Of India - 18.00 cr
16 Oct 2025
Charge created
Bank Of India - 67.00 cr
29 Sep 2025
Director ceased
RAMESH BIRADAR
Director ceased
Shreya Vishal Nirani
01 Sep 2025
Charge created
Bank Of India - 50.00 cr
28 Aug 2025
Charge satisfied
Bank Of India
13 Aug 2025
Charge satisfied
Bank Of India
08 Aug 2025
Charge satisfied
Others
05 Aug 2025
Charge created
Others - 88.00 cr
30 Jul 2025
Charge satisfied
Bank Of India
28 Jul 2025
Charge satisfied
Bank Of India
24 Jul 2025
Charge satisfied
Others
21 Jul 2025
Charge satisfied
Others
10
Key Observations
Auto-generated from the data aboveDebt-to-equity stands at 0.86 - leverage worth monitoring.
Compliance record is strong - status, filings and flags are clean.
12 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Tirumala Milk | U15209TN1998PTC102741 | Chennai, Tamil Nadu, India |
| Tilaknagar Industries | L15420PN1933PLC133303 | Shrirampur, Maharashtra, India |
| Cigfil Ltd | U16000TN1970PLC005883 | Tamil Nadu, Tamil Nadu, India |
| Frigerio Conserva Allana Private Limited | U74999MH1989PTC051140 | Mumbai, Maharashtra, India |
| Bannari Amman Sugars | L15421TZ1983PLC001358 | Coimbatore, Tamil Nadu, India |
| Lohiya Edible Oils Private Limited | U15141TG2004PTC042431 | Rangareddy District, Telangana, India |
| Perfetti Van Melle India Private Limited | U51909HR1992PTC036116 | Gurgaon, Haryana, India |
| Maharashtra Solvent Extraction | U15143MH2004PTC144592 | Mumbai, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Nirani Sugars Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Nirani Sugars Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 70/100, margin trends, ownership structure and peer set for Nirani Sugars Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 60/100, distress signals and MSME payment-delay disclosures - know whether Nirani Sugars Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Nirani Sugars Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Nirani Sugars Limited an active company?
Nirani Sugars Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).
Is Nirani Sugars Limited financially healthy?
Nirani Sugars Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Nirani Sugars Limited?
Its overall Trust Score is 60/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Nirani Sugars Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 12 active director(s) are on record.
Does Nirani Sugars Limited have loans or charges against its assets?
49 open charge(s) are registered against its assets, and 32 earlier charge(s) stand satisfied.
Is Nirani Sugars Limited up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).
Is it risky to lend to Nirani Sugars Limited?
Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
