SHREE RENUKA

SUGARS
BY GROUP 8
INTRODUCTION TO THE COMPANY

• SHREE RENUKA SUGARS PVT LTD IS INDIA’S LARGEST SUGAR REFINERY AND ETHANOL
PRODUCER.
• THE COMPANY IS BASED IN MUMBAI
• IT HAS A REFINING CAPACITY OF 4000 TONNES/DAY AND DISTILLERY CAPACITY OF 600
KILOLITRE/DAY.
• THE COMPANY ACCOUNTED FOR 20% OF INDIAS INTERNATIONAL SUGAR CONTRIBUTOR IN
2019.
• FOUNDED IN 1998 , REVENUE OF 10,087.6 CR, WILMAR SUGAR HOLDINGS IS THE PARENT
COMPANY AND NARENDRA AND VIDYA MURKUMBI ARE THE FOUNDERS OF THE COMPANY.
ROLES

• chief financial officer (CFO)- chief financial officer is the senior executive

responsible for managing the financial actions of a company. 
• financial controller - financial controller is a senior-level executive who acts as the
head of accounting, and oversees the preparation of financial reports, such as
balance sheets and income statements
• Treasury Manager- TREASURY MANAGER can be understood as the planning,
organizing and controlling holding, funds and working capital of the enterprise in
order to make the best possible use of the funds, maintain firm’s liquidity.
ROLES

• An account manager (AM)- accounting manageris a person who works for a

company and is responsible for the management of sales and relationships with
particular customers. 
• Accounting supervisors- accounting supervision take care of scheduling jobs and
delegating duties to accounting department workers. 
• Accountant- Accountant is a professional who performs accounting functions
such as audits or financial statement analysis. 
• BOOK KEEPER- The person who records the day to day transactions of the business.
ASSUMPTIONS

• REDUCE THE VALUE OF EQUITY SHARE BY 50%

• CURRENT LIABILITIES TO BE REDUCED BY 134CR
• INVENTORIES TO BE REDUCED BY 464.9 CR
• SECURED LOANS TO BE DECREASED BY 15%
• LOANS AND ADVANCES REDUCED BY 100 CR
• TRANSFER THE BALANCE OF CAPITAL REDUCTION TO P&L A/C
JOURNAL ENTRIES
BALANCE SHEET

Equity Share Capital 95.85cr

Total Share Capital Fund 95.85cr
Secured Loans 1735.95cr
Unsecured Loans -
Total Debt 1735.95cr
Total Liabilities 1965.8cr
Inventories 11896
Sundry Debtors 152.7
Cash & Bank Balance 38.7
Loans & Advance 584.9
Total Assets 1965.8cr
CONCLUSION

• Fully integrated company focused on manufacturing and marketing sugar, power and ethanol _
one of the largest raw sugar refining companies in the world
• _ the company's unique and de-risked business model and increased capabilities will ensure
robust growth in sales and EPS in future 
• _ Long-term future products 
• Short-term future products 
• _ it's currently trading at a substantial discount to its full price.