MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-03-0023631
NDDB Mrida Limited - environment in Anand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.25 Cr
▼ 15% YoY
Net loss · FY 2025
₹2.09 Cr
Net margin -28.9%
EBITDA · FY 2025
-₹1.42 Cr
EBITDA margin -19.6%
Authorised capital
₹300 Cr
Registered with MCA
Paid-up capital
₹34 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
16
Provident fund records
Directors on board
12
As per MCA filings
About NDDB Mrida Limited
Data last updated:
NDDB Mrida Limited is a public limited company based in Anand, Gujarat, India, a subsidiary of National Dairy Development Board. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 01 July 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01110GJ2022PLC133491. Its GSTIN is 24AAICN3534H1ZK (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹34 Cr. It is led by directors including Sandeep Bharti (Managing Director) and Rajesh Subramaniam (Managing Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Office Building – II Nddb Campus Post Box No. 40 Near Jagnath Mahadev, Anand, Gujarat, India – 388001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.25 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹2.09 Cr (net margin -28.9%) and EBITDA of -₹1.42 Cr (EBITDA margin -19.6%).
The company has about 16 employees on its provident fund (EPFO) records.
NDDB Mrida Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0023631). For more details, the company can be reached via its website nddb.coop.
Company Details of NDDB Mrida Limited
CIN U01110GJ2022PLC133491
Registration Number 133491
Incorporation Date 01 July 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company National Dairy Development Board
MSME Classification Micro
Udyam Registration UDYAM-GJ-03-0023631
Key People
Sandeep Bharti Managing Director Rajesh Subramaniam Managing Director Meeneshkumar Champaklal Shah Director Recognitions & Rankings of NDDB Mrida
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2nd Floor Office Building – II Nddb Campus Post Box No. 40 Near Jagnath Mahadev, Anand, Gujarat, India – 388001
- IndustryEnvironment, Clean Energy Solutions
Comprehensive company report
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Business Activity of NDDB Mrida Limited
The main business activities of NDDB Mrida are electricity, gas, steam and air condition supply, professional, scientific and technical and manufacturing. In detail, this covers manufacture of gas, distribution of gaseous fuels, other professional, scientific and technical activities and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of NDDB Mrida Limited FY 2025 filings available
NDDB Mrida Limited reported revenue of ₹7.25 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹7.25 Cr ▼ 15%
Net loss · FY 2025
₹2.09 Cr margin -28.9%
EBITDA · FY 2025
-₹1.42 Cr margin -19.6%
Compounded Annual Growth Rate (CAGR) of NDDB Mrida Limited
Revenue CAGR growth
1 year
▼ 15%
EBITDA CAGR growth
1 year
▼ 389%
Revenue fell 15% in the latest year. EBITDA fell 389% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of NDDB Mrida Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹1.42 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.09 Cr | •••• | •••• |
| 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 NDDB Mrida Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -19.6% | •••• | •••• |
| Net Profit Margin | -28.9% | •••• | •••• |
| 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 NDDB Mrida are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of NDDB Mrida Limited
NDDB Mrida has 12 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meeneshkumar Champaklal Shah | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Sandeep Bharti | Managing Director | 21 Jul 2022 | 4 Years 3 Months | Current |
| Kenichi Ayukawa | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Rajeev Sivarama Also directs: North East Dairy and Foods Limited, Mother Dairy Fruit and Vegetable Private Limited, Idmc Limited and 1 more | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Kenichiro Toyofuku | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Seetharaman Regupathi Also directs: North East Dairy and Foods Limited, NDDB Dairy Services, Mother Dairy Fruit and Vegetable Private Limited and 2 more | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
Showing 6 of 12 current directors. View all directors
Peer Comparison of NDDB Mrida Limited
NDDB Mrida Limited is compared with the companies closest to it by revenue in the Agriculture industry (Fertilizers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Sai Chakra Crop Sciences Private Limited | ₹7.46 Cr (FY 2015) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Us Agritech Private Limited | ₹7.44 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Medak, Telangana, India |
| Madan Madhav Fertilizers and Chemicals Private Limited | ₹7.37 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Fatehgarh, Uttar Pradesh, India |
| Western Cropscience Private Limited | ₹7.28 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bundi, Rajasthan, India |
| Growmin Agrotech Private Limited | ₹7.27 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| NDDB Mrida Limited this company | ₹7.25 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Anand, Gujarat, India |
| Canasia Crop Chemical Private Limited | ₹7.22 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Karnal, Haryana, India |
| Sri Krishna Fertilisers Limited | ₹7.16 Cr (FY 2019) | •••• | •••• | 842.0% | •••• | Muzaffarpur, Bihar, India |
| Zenith Agrizone Private Limited | ₹7.13 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Raipur, Chhattisgarh, India |
| Biotrends India Private Limited | ₹7.12 Cr (FY 2023) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Sarbi Petroleum and Chemicals Private Limited | ₹7.01 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below NDDB Mrida by revenue in the Agriculture industry (Fertilizers), 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 NDDB Mrida Limited
NDDB Mrida Limited is audited by MOHAN C SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHAN C SHAH & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of NDDB Mrida Limited
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Shareholding and ownership data
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Charges & Borrowings of NDDB Mrida Limited
NDDB Mrida Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at NDDB Mrida Limited
NDDB Mrida Limited has a workforce of 16 employees as of Mar 31, 2024.
Employee count
16
Active EPFO establishments
1
Employee growth
700%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on NDDB Mrida Limited
NDDB Mrida Limited has 24 board changes on record since 2022: 12 appointments and 12 cessations. The latest: Rajesh Subramaniam was appointed as Managing Director on 03 Apr 2025.
AGM
Nddb Mrida Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Appointed
Rajesh Subramaniam was appointed as Managing Director.
Ceased
Rajesh Subramaniam ceased to be Additional Director.
Filing
Nddb Mrida Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Abhijit Bhattacharjee ceased to be Director.
Appointed
Girish Kumar Dua was appointed as Director.
Ceased
Girish Kumar Dua ceased to be Additional Director.
Appointed
Kenichi Ayukawa was appointed as Director.
Ceased
Kenichi Ayukawa ceased to be Additional Director.
Appointed
Kenichiro Toyofuku was appointed as Director.
Ceased
Kenichiro Toyofuku ceased to be Additional Director.
Appointed
Rajeev Sivarama was appointed as Director.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for NDDB Mrida Limited
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MSME Payment Delays by NDDB Mrida Limited
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Subsidiaries & Group Companies of NDDB Mrida Limited
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GST Compliance of NDDB Mrida Limited
NDDB Mrida has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICN3534H1ZK | Gujarat | Active | 02 Sep 2022 |
| 09AAICN3534H1ZC | Uttar Pradesh | Active | 27 Feb 2023 |
| 18AAICN3534H1ZD | Assam | Active | 07 Sep 2024 |
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MCA Filings & Documents of NDDB Mrida Limited
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Related news about NDDB Mrida Limited
Frequently Asked Questions about NDDB Mrida Limited
NDDB Mrida is an active public limited company based in Anand, Gujarat, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 01 July 2022 (4+ years old) and is registered under CIN U01110GJ2022PLC133491.
NDDB Mrida reported revenue of ₹7.25 Cr for FY 2025 (down 15% YoY).
NDDB Mrida has 12 current directors:
- Sandeep Bharti - Managing Director
- Rajesh Subramaniam - Managing Director
- Meeneshkumar Champaklal Shah - Director
- Kenichi Ayukawa - Director
- Rajeev Sivarama - Director
- Kenichiro Toyofuku - Director
- Seetharaman Regupathi - Director
- Girish Kumar Dua - Director
- Niranjan Madhukar Karade - Director
- Guru Prasad Singh - Director
- Vishwanath Sridhar - Director
- Toshiaki Matsumoto - Director
NDDB Mrida reported a net loss of ₹2.09 Cr (net margin -28.9%) and EBITDA of -₹1.42 Cr (EBITDA margin -19.6%) for FY 2025, as per its filed financial statements.
The GSTIN of NDDB Mrida is 24AAICN3534H1ZK, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AAICN3534H1ZC (Uttar Pradesh), 18AAICN3534H1ZD (Assam).
The CIN (Corporate Identification Number) of NDDB Mrida is U01110GJ2022PLC133491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NDDB Mrida was incorporated on 01 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of NDDB Mrida by revenue are Sri Sai Chakra Crop Sciences Private Limited, Us Agritech Private Limited, Madan Madhav Fertilizers and Chemicals Private Limited, Western Cropscience Private Limited, Growmin Agrotech Private Limited and 5 more, all in the Agriculture industry (Fertilizers).
Rajesh Subramaniam was appointed as Managing Director on 03 Apr 2025. Rajesh Subramaniam ceased to be Additional Director on 03 Apr 2025. Abhijit Bhattacharjee ceased to be Director on 20 Mar 2025. NDDB Mrida has 24 board changes on record in total.
Yes, NDDB Mrida is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-03-0023631).
NDDB Mrida can be reached through the website nddb.coop. Its registered office is in Anand, Gujarat, India.