
About Efarm Exchange Private Limited
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Efarm Exchange Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the online grocery platforms segment of the e-commerce sector. It was incorporated on 11 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2017PTC310439. Its GSTIN is 09AAECE5470D1ZQ (Uttar Pradesh).
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹8.19 Cr. It is led by directors including Rakesh Hasmukhbhai Patel and Anil Kumar Garg.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 29 1st Floor Presidential Estate Nizamuddin East New Delhi, Delhi, India – 110013.
As per the financials filed for FY 2022, the company reported a revenue of ₹70.29 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹5.79 Cr and EBITDA of -₹5.71 Cr. Revenue has grown at a compounded annual rate (CAGR) of 391% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farmx.co.in.
Company details
Recognitions & Rankings of Efarm Exchange
Contact details
Efarm Exchange Private Limited's registered office is in Delhi, Delhi. Its website is farmx.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address29 1st Floor Presidential Estate Nizamuddin East New Delhi, Delhi, India – 110013
- IndustryE-Commerce, Online Grocery Platforms
To see the full contact details of Efarm Exchange Private 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
Business activity
The main business activity of Efarm Exchange is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Efarm Exchange Private Limited, buy the company report.
Financials of Efarm Exchange Private Limited
FY 2022 filings availableEfarm Exchange Private Limited reported revenue of ₹70.29 Lakh (up 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 391% over three years, including 56% growth in the latest year. EBITDA fell 28% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹70.29 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.79 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Efarm Exchange Private Limited, buy the company report.
Board of directors of Efarm Exchange Private Limited
Efarm Exchange has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Hasmukhbhai Patel Also directs: Farmx Trading Private Limited | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Anil Kumar Garg Also directs: Wilderness Realcon Holdings Private Limited, Credai Himachal Federation, Imperial Realty & Developments Private Limited and 2 more | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Subhash Chandra Pattnaik | Director | 22 Aug 2019 | 7 Years 2 Months | Current |
| Manavinder Singh Also directs: Studio Ridgeline LLP, Cloudfarm Private Limited, Aerostar Aviation Private Limited and 5 more | Director | 11 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Efarm Exchange Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Grocery), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gromally Grocery Supplies Private Limited | ₹80.56 Lakh (FY 2024) | 308.0% | Chandigarh, India | |||
| Gharpoch Essentials Private Limited | ₹78.25 Lakh (FY 2021) | Pune, Maharashtra, India | ||||
| Efarm Exchange Private Limitedthis company | ₹70.29 Lakh (FY 2022) | -₹5.79 Cr | 56.0% | 24 | Delhi, India | |
| Naturobell Organic Private Limited | ₹59.53 Lakh (FY 2022) | -54.0% | Rajarajeshwarinagar, Karnataka, India |
To see the full peer comparison of Efarm Exchange Private Limited, buy the company report.
Auditor
Efarm Exchange Private Limited is audited by ALOK MITTAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALOK MITTAL & ASSOCIATES | FY 2022 | 005717N |
Shareholding
The shareholding of Efarm Exchange Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Efarm Exchange Private Limited, buy the company report.
Legal cases
Efarm Exchange Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Efarm Exchange Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Efarm Exchange Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Efarm Exchange Private Limited has a workforce of 24 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Efarm Exchange has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECE5470D1ZQ | Uttar Pradesh | Active | 10 Feb 2018 |
To see the full GST registrations and return filing status of Efarm Exchange Private Limited, buy the company report.
Recent activity
Efarm Exchange Private Limited has 11 board changes on record since 2017: 4 appointments and 7 cessations. The latest: Anil Kumar Garg ceased to be Director on 29 Nov 2022.
2 earlier events are in the company report.
Frequently asked questions
Efarm Exchange is an active private limited company based in Delhi, India. The company works in online grocery platforms, within the e-commerce industry. It was incorporated on 11 January 2017 (9+ years old) and is registered under CIN U51909DL2017PTC310439.
Efarm Exchange has 4 current directors:
- Rakesh Hasmukhbhai Patel - Director
- Anil Kumar Garg - Director
- Subhash Chandra Pattnaik - Director
- Manavinder Singh - Director
The latest financial statements of Efarm Exchange on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 December 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Efarm Exchange is 09AAECE5470D1ZQ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Efarm Exchange is U51909DL2017PTC310439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Efarm Exchange has 1 court case on record: 1 filed against it. 1 is pending.
Efarm Exchange was incorporated on 11 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Efarm Exchange by revenue are Gromally Grocery Supplies Private Limited, Gharpoch Essentials Private Limited, Naturobell Organic Private Limited, all in the Ecommerce and Internet industry (Grocery), with the same principal business activity (wholesale trading).
Anil Kumar Garg ceased to be Director on 29 Nov 2022. Jatinder Aneja ceased to be Additional Director on 20 Oct 2022. Maulik Chandraketu Mehta ceased to be Additional Director on 30 Nov 2021. Efarm Exchange has 11 board changes on record in total.
Yes, Efarm Exchange is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Efarm Exchange can be reached through the website farmx.co.in. Its registered office is in Delhi, India.

