Company Overview

Parvati Sweetners and Power Limited (PSPL) is a sugar manufacturing company established in 2011, part of the LNCT Group, Bhopal. The company operates a sugar plant with crushing capacity of 2,500 TCD located in Gwalior, Madhya Pradesh, along with co-generation power capacity of 19.80 MW.

Financial Performance FY 2025-26

Revenue from Operations: ₹17.99 crore (compared to ₹53.57 crore in FY25)

Total Expenditure: ₹32.15 crore

Profit/Loss After Tax: Net loss of ₹(13.05) crore (compared to profit of ₹0.58 crore in FY25)

Earnings Per Share: ₹(0.87) basic and diluted

Key Financial Ratios:

  • Debtor Turnover Ratio: 59.23 times
  • Inventory Turnover Ratio: 0.29 times
  • Interest Coverage Ratio: (1.27) times
  • Current Asset Ratio: 2.90 times
  • Debt to Equity Ratio: 0.37 times
  • Operating Profit Margin Ratio: 0.31%
  • Net Profit Margin Ratio: (72.55)%
  • Return on Equity Ratio: 0.15%

Share Capital:

  • Authorized Share Capital: ₹75 crore (15 crore equity shares of ₹5 each)
  • Issued/Subscribed/Paid-up Share Capital: ₹74.57 crore (14,91,43,817 equity shares of ₹5 each)
  • 96.07% shares held in dematerialized form with CDSL
  • 3.82% shares held in dematerialized form with NSDL
  • 0.11% shares in physical form

Credit Rating: IVR BB/Negative by Infomerics Valuation and Rating Private Limited for long-term banking facilities.

Strategic Developments

51% Stake Acquisition: The Board approved acquisition of 51% paid-up equity share capital (5,100 equity shares of ₹10 each) of M/s Vedshree Food Industries Private Limited (CIN: U10611MP2024PTC071996) for total consideration of ₹6,00,00,000. This is a related party transaction with common directors/promoters. The acquisition was approved by the Audit Committee and Executive Committee on May 30, 2026.

Expansion Projects: The company has ongoing plans for:

  • Ethanol plant (45 KLPD) - regulatory approvals in progress, commissioning expected shortly
  • CBG plant (15 TPD) - infrastructure ready, feedstock contracted
  • Capacity expansion (2000 TCD) - land allotted (47.64 hectares by MPIDC)
  • Future pipeline includes Rice Plant, Jaggery Plant, Refinery Oil Mill, Flour Mill, Grower Training Centre, and Solar Plant

Annual General Meeting

15th AGM Details:

  • Date: Tuesday, 29th September, 2026
  • Time: 11:30 A.M. (IST)
  • Mode: Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at H.No. A/6, Second Floor, J.K. Town Banjari, Kolar Road, Bhopal (M.P.) 462042

Ordinary Business:

1. Adoption of audited financial statements for FY ended 31st March 2026

2. Re-appointment of Ms. Pooja Shree Chouksey (DIN: 07575058) who retires by rotation

Special Business:

3. Ratification of remuneration of ₹30,000 plus taxes to Cost Auditor M/s. Sanjay Kasliwal & Associates

4. Approval for acquisition of 51% equity stake in M/s Vedshree Food Industries Private Limited

5. Re-appointment and remuneration of Mrs. Poonam Chouksey (DIN: 02110270) as Managing Director for 3 years with remuneration not exceeding ₹84 lakhs in case of inadequate profits

Board and Management

Board of Directors:

  • Smt. Poonam Chouksey - Chairman and Managing Director
  • Shri Anupam Chouksey - Executive Director
  • Ms. Pooja Shree Chouksey - Non-Executive Non-Independent Director
  • Shri Vineet Richhariya - Independent Director
  • Shri Kuldeep Mudgal - Independent Director
  • Shri Rakesh Singh Dhakare - Independent Director

Key Managerial Personnel:

  • Smt. Shweta Chouksey - Chief Financial Officer
  • CS Khadija Husain - Company Secretary & Compliance Officer

Committee Composition:

  • Audit Committee: Shri Rakesh Singh Dhakare (Chairman), Smt. Poonam Chouksey, Shri Vineet Richhariya
  • Stakeholders Relationship Committee: Shri Kuldeep Mudgal (Chairman), Smt. Poonam Chouksey, Shri Rakesh Singh Dhakare
  • Nomination and Remuneration Committee: Shri Vineet Richhariya (Chairman), Shri Rakesh Singh Dhakare, Shri Kuldeep Mudgal
  • Executive Committee: Smt. Poonam Chouksey (Chairman), Shri Anupam Chouksey, Ms. Pooja Shree Chouksey

Operational Highlights

Sugar Production: Operating at 80% capacity, maintaining quality benchmarks

Co-generation Power: Optimal bagasse utilization, stable power generation

By-products: Molasses, press mud, and bagasse channeled efficiently

Farmer Relationships: 100% cane payment compliance, Napier grass contract farming secured (240 tonnes/day requirement)

Employee Strength: 119 employees as on 31 March 2026

Forward-looking Statements

The document contains forward-looking statements regarding the company's strategic investment in clean energy, ethanol and CBG plant commissioning, and capacity expansion plans. These statements are subject to risks, uncertainties, and inaccurate assumptions, and actual results could vary materially from those anticipated.

#Tags: #ParvatiSweetners #AnnualReport #AGM2026 #SEBIDisclosure #StrategicInvestment #FinancialResults #RegulatoryCompliance #SugarIndustry #Negative