Parrys Sugar Industries Limited - Due diligence report

A 360° intelligence report on Parry'S: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

1986-06-30 Bangalore, Karnataka Amalgamated Listed
PS Parrys Sugar Industries Limited
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Parry'S — 360° Intelligence Report

Generated from MCA filings & public records
44/100
Trust Score
Caution Indicated

Parry'S is assessed as Caution Indicated with a Trust Score of 44/100. Parry'S is a public limited indian non-government company incorporated in 1986, operating in the Agriculture sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Parrys Sugar Industries Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

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 & explainable
Trust ScoreCaution Indicated
44/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
10/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores 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: 40/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 1.42).
  • Externally credit-rated (A2).

Charges position: 0 open (-) · 49 satisfied (1,114.33 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Central Bank Of India Limited4 48.0 cr
Axis Bank Ltd.1 48.0 cr
Ge Capital Services India2 48.0 cr
Andhra Bank14 48.0 cr
Yes Bank Limited4 48.0 cr
Bank Of India1 48.0 cr
Compliance Score: 10/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2016 - filings overdue.
  • Litigation present in 3 court forum(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
LALITHA BALAKRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
RAMESH V 01234567 Director 01/04/2018 6 yrs Approved
RAMADOSS KRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
SURI VENKATARAMAN 01234567 Director 01/04/2018 6 yrs Approved
VENKATACHALAM RAVICHANDRAN 01234567 Director 01/04/2018 6 yrs Approved
SURI VENKATARAMAN 01234567 Director 01/04/2018 6 yrs Approved
RAJAN CHITTUR RAMAKRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
AMAR KUMAR DORA 01234567 Director 01/04/2018 6 yrs Approved
AMAR KUMAR DORA 01234567 Director 01/04/2018 6 yrs Approved
  • 9 directors on the board.
  • RAMESH V has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2016)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2016 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
E.i.d Parry (india) Limited
Subsidiaries
-
Group entities
-
Capital events
6 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
E.i.d Parry (india) Limited Holding Company 74.00%

Key managerial personnel: RAMESH V (Managing Director) · SURI VENKATARAMAN (CFO) · SURI VENKATARAMAN (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 55
Growth signals & trust indicators
Operating for 40+ years.
Distress signals & risk flags
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (10/100).
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence34/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment34/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view43/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
22 Jul 2016
Last AGM held
Annual general meeting
18 Apr 2016
Securities allotted
35000000 Preference Shares - 35.00 cr raised
31 Mar 2016
Latest balance sheet
Filed with ROC
24 Jul 2015
Director ceased
LALITHA BALAKRISHNAN
13 Apr 2015
Securities allotted
13000000 Preference Shares - 13.00 cr raised
30 Mar 2015
Director appointed
LALITHA BALAKRISHNAN (Director)
01 Sep 2014
Director ceased
DURAISWAMY KUMARASWAMY
25 Jul 2014
Director ceased
RAMESH V
29 May 2014
Charge satisfied
Icici Bank Limited
23 May 2014
Securities allotted
30000000 Preference Shares - 30.00 cr raised
29 Apr 2014
Director appointed
SURI VENKATARAMAN (CFO)
28 Apr 2014
Director appointed
RAMESH V (Managing Director)
Director ceased
SURI VENKATARAMAN
18 Oct 2013
Director ceased
PADMANABHAN GOPALAKRISHNAN
03 Oct 2013
Charge satisfied
Axis Bank Ltd.
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
9 active director(s) / partner(s); review board churn before relying on management continuity.
All 49 registered charge(s) stand satisfied - past borrowings repaid.
Carries an external credit rating of A2 from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2016 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Kochar Overseas Private Limited U51909PB2005PTC028699 Punjab, Punjab, India
Bhattacharyya Bottling Plant Pvt.Td. U15520WB1988PTC044954 Kolkata, West Bengal, India
Bannari Amman Group U15420TZ2009PLC015974 Coimbatore, Tamil Nadu, India
Mukund Foods Limited U15316WB1997PLC086031 Kolkata, West Bengal, India
Industrial Progresive India Ltd U74140RJ1984PLC003147 Udaipur, Rajasthan, India
Samprash Foods U15201UP2004PLC029193 Aligarh, Uttar Pradesh, India
Sita Shree Food L15314MP1996PLC010741 Indore, Madhya Pradesh, India
Pranav Agro Industries Limited U15143PN2000PLC014444 Sangli, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Parry'S before audits and certifications: compliance score 10/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Parry'S: 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: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Parry'S - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 44/100, distress signals and MSME payment-delay disclosures - know whether Parry'S pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Parry'S - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Parry'S an active company?

Parry'S has MCA status “Amalgamated” with a compliance score of 10/100 (Caution Indicated).

Is Parry'S financially healthy?

Parry'S has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Parry'S?

Its overall Trust Score is 44/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Parry'S?

The ultimate holding entity is E.i.d Parry (india) Limited. 9 active director(s) are on record.

Does Parry'S have loans or charges against its assets?

No open charges - all 49 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Parry'S up to date with its ROC filings?

Last balance sheet is for Mar 2016 - filings overdue. Overall compliance score: 10/100 (Caution Indicated).

Is it risky to lend to Parry'S?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.