About Adagrad Private Limited
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Adagrad Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the robotics and automation solutions segment of the engineering sector. It was incorporated on 20 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2018PTC180930. Its GSTIN is 27AARCA7081K1Z1 (Maharashtra).
The company has an authorised share capital of ₹99,000 and a paid-up capital of ₹99,000. It is led by directors including Mayur Keshav Kulkarni and Niranjan Sardar Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No.2 5th Floor(6th Level) Clover Metropole Nibm Road Kondhawa Khurd, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.15 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Lakh (net margin 1.3%) and EBITDA of ₹28.95 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 145% over five years.
The company is associated with 1 brand: Adagrad.
For more details, the company can be reached via its website adagrad.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No.2 5th Floor(6th Level) Clover Metropole Nibm Road Kondhawa Khurd, Pune, Maharashtra, India – 411048
- IndustryEngineering, Robotics & Automation Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Adagrad Private Limited
Adagrad operates one associated brand: Adagrad. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers AI-driven Computer Vision, NLP, and ML services to industries like retail and transportation. | adagrad.ai |
Business Activity of Adagrad Private Limited
The main business activity of Adagrad is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Adagrad Private Limited FY 2025 filings available
Adagrad Private Limited reported revenue of ₹10.15 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Adagrad Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 145%. EBITDA fell 60% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Adagrad Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.67 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Adagrad Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Adagrad are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Adagrad Private Limited
Adagrad has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Keshav Kulkarni | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Niranjan Sardar Patil Also directs: Stellarview Private Limited | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Sangram Arun Jadhav Also directs: Stellarview Private Limited | Director | 26 May 2025 | 1 Years 4 Months | Current |
Peer Comparison of Adagrad Private Limited
Adagrad Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Robotics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aditya Robotics and Automation Private Limited | ₹11.44 Cr (FY 2022) | •••• | •••• | 129.0% | •••• | Nashik, Maharashtra, India |
| Blujay Robotics Private Limited | ₹11.35 Cr (FY 2025) | •••• | •••• | 1666.0% | •••• | Mumbai, Maharashtra, India |
| Taalin Machinery & Robotics Private Limited | ₹11.29 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Ganitscience Artificial Intelligence and Analytics (OPC) Private Limited | ₹10.69 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Chennai, Tamil Nadu, India |
| Matrix Robotics Private Limited | ₹10.2 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Pune, Maharashtra, India |
| Adagrad Private Limited this company | ₹10.15 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| Master Automation and Robotics Private Limited | ₹10.14 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | Pune, Maharashtra, India |
| Frugalhacks Private Limited | ₹10.14 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Hyderabad, Telangana, India |
| Robospecies Technologies Private Limited | ₹10.08 Cr (FY 2024) | •••• | •••• | 508.0% | •••• | Delhi, India |
| Tao Automation Services Private Limited | ₹9.3 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Bangalore, Karnataka, India |
| Innovative Systems & Robotics India Private Limited | ₹9.27 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Adagrad by revenue in the Engineering industry (Robotics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Adagrad Private Limited
Adagrad Private Limited is audited by N DEOTARSE AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N DEOTARSE AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Adagrad Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Adagrad Private Limited
Adagrad Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Adagrad Private Limited
Employment history and EPFO contributions of people linked to Adagrad.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Adagrad Private Limited
Adagrad Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Sangram Arun Jadhav was appointed as Director on 26 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Adagrad Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Adagrad Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adagrad Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Adagrad Private Limited
Adagrad has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA7081K1Z1 | Maharashtra | Active | 15 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adagrad Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Adagrad Private Limited
Adagrad is an active private limited company based in Pune, Maharashtra, India. The company works in robotics and automation solutions, within the engineering industry. It was incorporated on 20 December 2018 (8+ years old) and is registered under CIN U72900PN2018PTC180930.
Adagrad reported revenue of ₹10.15 Cr for FY 2024 (down 21% YoY).
Adagrad has 3 current directors:
- Mayur Keshav Kulkarni - Director
- Niranjan Sardar Patil - Director
- Sangram Arun Jadhav - Director
Adagrad reported a net profit of ₹13.67 Lakh (net margin 1.3%) and EBITDA of ₹28.95 Lakh (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adagrad is 58% over three years and 145% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adagrad is 27AARCA7081K1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adagrad is U72900PN2018PTC180930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adagrad was incorporated on 20 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Adagrad by revenue are Aditya Robotics and Automation Private Limited, Blujay Robotics Private Limited, Taalin Machinery & Robotics Private Limited, Ganitscience Artificial Intelligence and Analytics (OPC) Private Limited, Matrix Robotics Private Limited and 5 more, all in the Engineering industry (Robotics).
Sangram Arun Jadhav was appointed as Director on 26 May 2025. Mayur Keshav Kulkarni ceased to be Additional Director on 30 Sep 2022. Mayur Keshav Kulkarni was appointed as Director on 10 Jun 2022. Adagrad has 5 board changes on record in total.
Adagrad can be reached through the website adagrad.ai. Its registered office is in Pune, Maharashtra, India.