
Hermes Agro Industries Private Limited
About Hermes Agro Industries Private Limited
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Hermes Agro Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 10 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1991PTC063552.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nimesh Jethmal Majithia and Ramesh Nanji Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5 Eastern Chambers Poonastreet Dana Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.18 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹3.86 Lakh (net margin -327.4%) and EBITDA of -₹1.38 Lakh (EBITDA margin -116.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 29% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hermes Agro Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Eastern Chambers Poonastreet Dana Bunder, Mumbai, Maharashtra, India – 400009
- IndustryAgriculture, Agri Support Services
To see the full contact details of Hermes Agro Industries 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
Financials of Hermes Agro Industries Private Limited
FY 2024 filings availableHermes Agro Industries Private Limited reported revenue of ₹1.18 Lakh (down 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 17% fall 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 | ₹1.18 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -116.9% | ||||
| Net Profit Margin | -327.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Hermes Agro Industries Private Limited, buy the company report.
Board of directors of Hermes Agro Industries Private Limited
Hermes Agro Industries has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimesh Jethmal Majithia Also directs: Sahyadri Starch and Industries Private Limited | Director | 24 Jul 1995 | 31 Years 3 Months | Current |
| Ramesh Nanji Thakkar Also directs: Hermes Travel and Cargo Private Limited, Hermes Realty Private Limited, Mind Space Realty Private Limited and 5 more | Director | 01 Nov 1994 | 32 Years 0 Months | Current |
| Ketan Ramesh Thakkar Also directs: Sahyadri Starch and Industries Private Limited, Terraza Realty LLP, Prismglow Realty LLP and 5 more | Director | 10 Oct 1991 | 35 Years 0 Months | Current |
| Umesh Surendra Majithia Also directs: Sahyadri Starch and Industries Private Limited | Director | 10 Oct 1991 | 35 Years 0 Months | Current |
| Hermesh Jaisinh Majithia | Director | 24 Jul 1995 | 31 Years 3 Months | Current |
| Kiran Krishnakumar Majithia | Director | 24 Jul 1995 | 31 Years 3 Months | Current |
Auditor
Hermes Agro Industries Private Limited is audited by AJMERA AJMERA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJMERA AJMERA AND ASSOCIATES | FY 2022 | 123989W |
Shareholding
The shareholding of Hermes Agro Industries Private 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 Hermes Agro Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hermes Agro Industries Private 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 Hermes Agro Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hermes Agro Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hermes Agro Industries Private Limited has 9 board changes on record since 1991: 7 appointments and 2 cessations. The latest: Mahesh Nanji Thakkar ceased to be Director on 02 Sep 2020.
Frequently asked questions
Hermes Agro Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 10 October 1991 (35+ years old) and is registered under CIN U01100MH1991PTC063552.
Hermes Agro Industries has 7 current directors:
- Nimesh Jethmal Majithia - Director
- Ramesh Nanji Thakkar - Director
- Ketan Ramesh Thakkar - Director
- Umesh Surendra Majithia - Director
- Hermesh Jaisinh Majithia - Director
- Kiran Krishnakumar Majithia - Director
- Sanjay Rohit Thakker - Director
The latest financial statements of Hermes Agro Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hermes Agro Industries is U01100MH1991PTC063552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hermes Agro Industries was incorporated on 10 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahesh Nanji Thakkar ceased to be Director on 02 Sep 2020. Mukesh Mahesh Thakkar ceased to be Director on 07 Jul 2009. Sanjay Rohit Thakker was appointed as Director on 01 Jul 1998. Hermes Agro Industries has 9 board changes on record in total.
The registered office of Hermes Agro Industries is at 5 Eastern Chambers Poonastreet Dana Bunder, Mumbai, Maharashtra, India – 400009.
Hermes Agro Industries operates in the agriculture industry, in the agri support services segment.
The compliance status of Hermes Agro Industries is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Hermes Agro Industries can be reached at its registered office: 5 Eastern Chambers Poonastreet Dana Bunder, Mumbai, Maharashtra, India – 400009.

