About Magasool Agro Private Limited
Data last updated:
Magasool Agro Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the agricultural support services segment of the agriculture sector. It was incorporated on 17 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01407KA2015PTC081656. Its GSTIN is 29AAJCM8527C1Z9 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors including Tannirkulam Mudambi Ajay Kumar and Naveen Margankunte Nagaraja Rao.
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 No.410 Ashok Heights No.11 9th Cross Srikantheshwara Nagar Mahalakshmi Layout, Bangalore, Karnataka, India – 560096.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.22 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Lakh (net margin 1.1%) and EBITDA of ₹6.23 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 134% over three years and 72% over five years.
The company is associated with 1 brand: Manavari.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manavari.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.410 Ashok Heights No.11 9th Cross Srikantheshwara Nagar Mahalakshmi Layout, Bangalore, Karnataka, India – 560096
- IndustryAgriculture, Agricultural Support Services, Hunting
- 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
Business Activity of Magasool Agro Private Limited
The main business activity of Magasool Agro is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | 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 Magasool Agro Private Limited FY 2025 filings available
Magasool Agro Private Limited reported revenue of ₹1.22 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Magasool Agro Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 58% growth in the latest year. EBITDA rose 120% 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 Magasool Agro Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.38 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Magasool Agro Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Magasool Agro are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Magasool Agro Private Limited
Magasool Agro Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Support activities to agriculture and Other Activities including hunting). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Penit Adtech Private Limited | ₹1.22 Cr (FY 2021) | •••• | •••• | 56.0% | •••• | Noida, Uttar Pradesh, India |
| Glitterati Farms Private Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | 646.0% | •••• | Sawaimadhopur, Rajasthan, India |
| Shodha Farmers Producer Company Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Hosanagara, Karnataka, India |
| Wayanad Dairy Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Valad, Kerala, India |
| Rajvi Farmer Producer Company Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Washim, Maharashtra, India |
| Magasool Agro Private Limited this company | ₹1.22 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Bangalore, Karnataka, India |
| Dharanisiri Farmers Producer Company Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Belgaum, Karnataka, India |
| Kolhapur Vegetables Exim Private Limited | ₹1.21 Cr (FY 2022) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Thuamulrampur Farmer Producer Company Limited | ₹1.21 Cr (FY 2024) | •••• | •••• | 87.0% | •••• | Thuamulrampur, Odisha, India |
| Sanmitra Farmer Producer Company Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Ahmednagar, Maharashtra, India |
| Divyabhumi Farmer Producer Company Limited | ₹1.21 Cr (FY 2022) | •••• | •••• | 1224.0% | •••• | Warora, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Magasool Agro by revenue in the same principal business activity (Support activities to agriculture and Other Activities including hunting), 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 Magasool Agro Private Limited
Magasool Agro Private Limited is audited by P.S.SUBRAMANIA IYER AND CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.S.SUBRAMANIA IYER AND CO | 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.
Board of Directors of Magasool Agro Private Limited
Magasool Agro has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tannirkulam Mudambi Ajay Kumar Also directs: Magasool Agro Foundation, Hyperworks Imaging Private Limited | Director | 17 Jul 2015 | 11 Years 2 Months | Current |
| Naveen Margankunte Nagaraja Rao Also directs: Hyperworks Imaging Private Limited | Director | 22 Nov 2024 | 1 Years 10 Months | Current |
| Anbalagan Anbutamilkumaran | Director | 22 Nov 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Magasool Agro 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 Magasool Agro Private Limited
Magasool Agro Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Magasool Agro Private Limited
Magasool Agro operates one associated brand: Manavari. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| manavari.com |
Employees and EPFO Compliance at Magasool Agro Private Limited
Employment history and EPFO contributions of people linked to Magasool Agro.
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 Magasool Agro Private Limited
Magasool Agro Private Limited has 5 board changes on record since 2015: 4 appointments and 1 cessation. The latest: Anbalagan Anbutamilkumaran was appointed as Director on 22 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Magasool Agro 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 Magasool Agro 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 Magasool Agro 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 Magasool Agro Private Limited
Magasool Agro has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM8527C1Z9 | Karnataka | Active | 20 Mar 2020 |
| 33AAJCM8527C1ZK | Tamil Nadu | Active | 01 Jul 2017 |
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 Magasool Agro 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 Magasool Agro Private Limited
Magasool Agro is an active private limited company based in Bangalore, Karnataka, India. The company works in agricultural support services, within the agriculture industry. It was incorporated on 17 July 2015 (11+ years old) and is registered under CIN U01407KA2015PTC081656.
Magasool Agro reported revenue of ₹1.22 Cr for FY 2025 (up 58% YoY).
Magasool Agro has 3 current directors:
- Tannirkulam Mudambi Ajay Kumar - Director
- Naveen Margankunte Nagaraja Rao - Director
- Anbalagan Anbutamilkumaran - Director
Magasool Agro reported a net profit of ₹1.38 Lakh (net margin 1.1%) and EBITDA of ₹6.23 Lakh (EBITDA margin 5.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magasool Agro is 134% over three years and 72% over five years. In the latest year (FY 2025) revenue rose 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magasool Agro is 29AAJCM8527C1Z9, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCM8527C1ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of Magasool Agro is U01407KA2015PTC081656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magasool Agro was incorporated on 17 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Magasool Agro by revenue are Penit Adtech Private Limited, Glitterati Farms Private Limited, Shodha Farmers Producer Company Limited, Wayanad Dairy Private Limited, Rajvi Farmer Producer Company Limited and 5 more, all in the same principal business activity (Support activities to agriculture and Other Activities including hunting).
Anbalagan Anbutamilkumaran was appointed as Director on 22 Nov 2024. Jayaram Venkatesan ceased to be Director on 22 Nov 2024. Naveen Margankunte Nagaraja Rao was appointed as Director on 22 Nov 2024. Magasool Agro has 5 board changes on record in total.
Yes, Magasool Agro is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).