
About PGP Formulators Private Limited
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PGP Formulators Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 08 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2013PTC245330. Its GSTIN is 27AAHCP3902G1ZJ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Pankaj Sanghavi and Pankaj Ramniklal Sanghavi.
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 Plot No. N – 194 MIDC Tarapur Indl Area Tarapur Phalghar, Thane, Maharashtra, India – 401506.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.31 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹35,935 (net margin -27.5%) and EBITDA of ₹93,182 (EBITDA margin 71.4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pgpformulators.in.
Company details
Contact details
PGP Formulators Private Limited's registered office is in Thane, Maharashtra. Its website is pgpformulators.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. N – 194 MIDC Tarapur Indl Area Tarapur Phalghar, Thane, Maharashtra, India – 401506
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of PGP Formulators 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 PGP Formulators Private Limited
FY 2025 filings availablePGP Formulators Private Limited reported revenue of ₹1.31 Lakh (down 61% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 61% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.31 Lakh | ||||
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| EBITDA | ₹93,182 | ||||
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| Net Profit (PAT) | -₹35,935 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 71.4% | ||||
| Net Profit Margin | -27.5% | ||||
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To see the full financial statements and ratios of PGP Formulators Private Limited, buy the company report.
Board of directors of PGP Formulators Private Limited
PGP Formulators has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Pankaj Sanghavi | Director | 01 Mar 2024 | 2 Years 8 Months | Current |
| Pankaj Ramniklal Sanghavi | Director | 28 Mar 2014 | 12 Years 7 Months | Current |
Auditor
PGP Formulators Private Limited is audited by H & J ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H & J ASSOCIATES | FY 2018 | 126285W |
Shareholding
The shareholding of PGP Formulators Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of PGP Formulators Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving PGP Formulators 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 PGP Formulators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
PGP Formulators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP3902G1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PGP Formulators Private Limited, buy the company report.
Recent activity
PGP Formulators Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Dilip Budhya Bari ceased to be Director on 01 Mar 2024.
Frequently asked questions
PGP Formulators is an active private limited company based in Thane, Maharashtra, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 08 July 2013 (13+ years old) and is registered under CIN U24100MH2013PTC245330.
PGP Formulators has 2 current directors:
- Rahul Pankaj Sanghavi - Director
- Pankaj Ramniklal Sanghavi - Director
The latest financial statements of PGP Formulators on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of PGP Formulators is 27AAHCP3902G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of PGP Formulators is U24100MH2013PTC245330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PGP Formulators was incorporated on 08 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Dilip Budhya Bari ceased to be Director on 01 Mar 2024. Rahul Pankaj Sanghavi was appointed as Director on 01 Mar 2024. Sunil Madhukar Shirke ceased to be Director on 01 Mar 2024. PGP Formulators has 4 board changes on record in total.
PGP Formulators can be reached through the website pgpformulators.in. Its registered office is in Thane, Maharashtra, India.
The registered office of PGP Formulators is at Plot No. N – 194 MIDC Tarapur Indl Area Tarapur Phalghar, Thane, Maharashtra, India – 401506.
PGP Formulators operates in the agriculture industry, in the fertilizers and soil enhancers segment.

