Agl Industries Limited
About Agl Industries Limited
Data last updated:
Agl Industries Limited was a public limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Asian Granito India Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 09 May 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24220GJ2013PLC074983. Its GSTIN is 24AALCA6509L1ZG (Gujarat). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.88 Cr. It was led by directors including Girishbhai Manilal Patel and Vipulbhai Vinodbhai Patel.
Its last annual general meeting (AGM) was held on 02 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 202 Dev Arc Opp. Iskon Temple S.G. Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.13 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹33.44 Lakh (net margin -123.3%) and EBITDA of -₹32.59 Lakh (EBITDA margin -120.1%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 55% over five years.
Its group structure included 1 subsidiary.
The company was associated with 1 brand: Asian Granito India.
Company details
Contact details
Agl Industries Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address202 Dev Arc Opp. Iskon Temple S.G. Highway, Ahmedabad, Gujarat, India – 380015
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Agl Industries Limited, buy the company report.
- 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
Brands
Agl Industries operates one associated brand: Asian Granito India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flooring tiles are manufactured and supplied by Asian Granito India. | aglasiangranito.com |
Business activity
The main business activity of Agl Industries is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
Financials of Agl Industries Limited
FY 2024 filings availableAgl Industries Limited reported revenue of ₹27.13 Lakh (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 55%. EBITDA fell 277% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹32.59 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹33.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -120.1% | ||||
| Net Profit Margin | -123.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Agl Industries Limited, buy the company report.
Board of directors of Agl Industries Limited
Agl Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girishbhai Manilal Patel | Director | 09 May 2013 | 13 Years 6 Months | As last reported |
| Vipulbhai Vinodbhai Patel Also directs: Crystal Vitrified Limited, Adicon Ceramica Tiles Private Limited, Agl Industries Limited and 1 more | Director | 30 Dec 2019 | 6 Years 10 Months | As last reported |
| Kamleshbhai Mavjibhai Patel Also directs: Ivanta Ceramics Industries Private Limited, Blutris Healthcare Private Limited, Agl Infrastructure Private Limited and 1 more | Director | 30 Dec 2019 | 6 Years 10 Months | As last reported |
Peer comparison
Agl Industries Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (production of crops and animals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glenrock Estates Private Limited | ₹27.14 Lakh (FY 2025) | -12.0% | Chennai, Tamil Nadu, India | |||
| Aybani Farmer Producer Company Limited | ₹27.13 Lakh (FY 2024) | 603.0% | Jalpaiguri, West Bengal, India | |||
| Agl Industries Limitedthis company | ₹27.13 Lakh (FY 2024) | -₹33.44 Lakh | -123.3% | 25.0% | Ahmedabad, Gujarat, India | |
| K. R. Pete Taluk Farmers Producer Company Limited | ₹27.09 Lakh (FY 2025) | -53.0% | Mandya, Karnataka, India |
To see the full peer comparison of Agl Industries Limited, buy the company report.
Auditor
Agl Industries Limited is audited by R R S & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R S & Associates | FY 2022 | 118336W |
Shareholding
The shareholding of Agl Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Agl Industries Limited, buy the company report.
Legal cases
No court or tribunal cases involving Agl Industries Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Agl Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Agl Industries has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Powergrace Industries Limited | U85100GJ2013PLC075582 |
To see the full group structure of Agl Industries Limited, buy the company report.
GST
Agl Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA6509L1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agl Industries Limited, buy the company report.
Recent activity
Agl Industries Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Kamleshbhai Mavjibhai Patel ceased to be Additional Director on 19 Nov 2020.
Frequently asked questions
Agl Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Agl Industries was a public limited company based in Ahmedabad, Gujarat, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 09 May 2013 and is registered under CIN U24220GJ2013PLC074983. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Agl Industries was incorporated on 09 May 2013. It is registered with the Registrar of Companies, Ahmedabad.
Agl Industries had 3 directors:
- Girishbhai Manilal Patel - Director
- Vipulbhai Vinodbhai Patel - Director
- Kamleshbhai Mavjibhai Patel - Director
The CIN (Corporate Identification Number) of Agl Industries is U24220GJ2013PLC074983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Agl Industries is at 202 Dev Arc Opp. Iskon Temple S.G. Highway, Ahmedabad, Gujarat, India – 380015.
The latest financial statements of Agl Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 02 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Agl Industries is 24AALCA6509L1ZG, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Agl Industries operated in the agriculture industry, in the agro retail and distribution segment.
The peers of Agl Industries by revenue are Glenrock Estates Private Limited, Aybani Farmer Producer Company Limited, K. R. Pete Taluk Farmers Producer Company Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (production of crops and animals).
Kamleshbhai Mavjibhai Patel ceased to be Additional Director on 19 Nov 2020. Vipulbhai Vinodbhai Patel ceased to be Additional Director on 19 Nov 2020. Mukeshbhai Jivabhai Patel ceased to be Director on 31 Dec 2019. Agl Industries has 8 board changes on record in total.
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