
About Pioneer Hi-Bred Private Limited
Data last updated:
Pioneer Hi-Bred Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Pioneer Overseas Corporation. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 27 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2014FTC093238. Its GSTIN is 36AAHCP6154C1ZI (Telangana). The company holds 19 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ram Kumar (Whole-Time Director) and Murali Krishnan Sudarsanam.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at V – Ascendas Atria Block 12th Floor Plot 17 Software Units Layout Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹207.84 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹20.1 Cr (net margin 9.7%) and EBITDA of ₹38 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company is associated with 2 brands: Corteva Agriscience and Pioneer Seeds. Court records list 2 cases involving the company, including 2 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 pioneer.com.
Company details
CIN history
Pioneer Hi-Bred has one previous CIN (Corporate Identification Number): U74900AP2014FTC093238. The current CIN is U74900TG2014FTC093238, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2014FTC093238 | Current |
| U74900AP2014FTC093238 | Previous |
Contact details
Pioneer Hi-Bred Private Limited's registered office is in Hyderabad, Telangana. Its website is pioneer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressV – Ascendas Atria Block 12th Floor Plot 17 Software Units Layout Madhapur, Hyderabad, Telangana, India – 500081
- IndustryAgriculture, Agri Support Services
To see the full contact details of Pioneer Hi-Bred 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
Brands
Pioneer Hi-Bred operates two associated brands: Corteva Agriscience and Pioneer Seeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of agricultural farm inputs | corteva.com | |
| Hybrid field crop seeds including corn and soybeans are supplied. | pioneer.com |
Business activity
The main business activity of Pioneer Hi-Bred is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Pioneer Hi-Bred Private Limited, buy the company report.
Financials of Pioneer Hi-Bred Private Limited
FY 2025 filings availablePioneer Hi-Bred Private Limited reported revenue of ₹207.84 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 16% growth in the latest year. EBITDA rose 27% 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 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 | ₹38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.1 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Pioneer Hi-Bred Private Limited, buy the company report.
Board of directors of Pioneer Hi-Bred Private Limited
Pioneer Hi-Bred has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Kumar Also directs: Operisync Solutions Private Limited | Whole-Time Director | 21 Sep 2023 | 3 Years 1 Months | Current |
| Murali Krishnan Sudarsanam | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Pioneer Hi-Bred Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Curia India Private Limited | ₹282.6 Cr (FY 2025) | 23.0% | Hyderabad, Telangana, India | |||
| Adgyl Lifesciences Private Limited | ₹272.09 Cr (FY 2025) | -8.0% | Bengaluru, Karnataka, India | |||
| Orbicular Pharmaceutical Technologies Private Limited | ₹272.04 Cr (FY 2025) | 41.0% | Hyderabad, Telangana, India | |||
| Pioneer Hi-Bred Private Limitedthis company | ₹207.84 Cr (FY 2025) | ₹20.1 Cr | 9.7% | 16.0% | Hyderabad, Telangana, India | |
| Laxai Life Sciences Private Limited | ₹178 Cr (FY 2024) | 37.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Pioneer Hi-Bred Private Limited, buy the company report.
Auditor
Pioneer Hi-Bred Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Pioneer Hi-Bred Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pioneer Hi-Bred Private Limited, buy the company report.
Legal cases
Pioneer Hi-Bred Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Court case (ITTA) | Filed against the company by The Principal Commissioner of Income Tax-4 | Pending |
| District court, Medak, Telangana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Pioneer Hi-Bred 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
Pioneer Hi-Bred Private Limited has 27 MSME Form 1 returns on record between 2015 and 2023, listing 2,437 overdue payments to 143 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 143)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Va Motors | |||
| an individual supplier |
To see the full MSME payment records of Pioneer Hi-Bred Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Pioneer Hi-Bred has 19 GST registrations: 16 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCP6154C1ZI | Telangana | Active | 01 Jul 2017 |
| 09AAHCP6154C1ZF | Uttar Pradesh | Active | 01 Jul 2017 |
| 22AAHCP6154C1ZR | Chattisgarh | Active | 01 Jul 2017 |
| 29AAHCP6154C1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pioneer Hi-Bred Private Limited, buy the company report.
Recent activity
Pioneer Hi-Bred Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Ram Kumar was appointed as Whole-Time Director on 21 Sep 2023.
1 earlier event is in the company report.
News
Frequently asked questions
Pioneer Hi-Bred is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in agri support services, within the agriculture industry. It was incorporated on 27 February 2014 (12+ years old) and is registered under CIN U74900TG2014FTC093238.
Pioneer Hi-Bred has 2 current directors:
- Ram Kumar - Whole-Time Director
- Murali Krishnan Sudarsanam - Director
The latest financial statements of Pioneer Hi-Bred on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pioneer Hi-Bred is 36AAHCP6154C1ZI, registered in Telangana. The company has 19 GST registrations in all, of which 16 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAHCP6154C1ZF (Uttar Pradesh), 22AAHCP6154C1ZR (Chattisgarh), 29AAHCP6154C1ZD (Karnataka).
The CIN (Corporate Identification Number) of Pioneer Hi-Bred is U74900TG2014FTC093238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Hi-Bred has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Pioneer Hi-Bred was incorporated on 27 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Pioneer Hi-Bred by revenue are Curia India Private Limited, Adgyl Lifesciences Private Limited, Orbicular Pharmaceutical Technologies Private Limited, Laxai Life Sciences Private Limited, all in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development).
Ram Kumar was appointed as Whole-Time Director on 21 Sep 2023. Ram Kumar ceased to be Additional Director on 21 Sep 2023. Raman Babu ceased to be Additional Director on 28 Aug 2023. Pioneer Hi-Bred has 10 board changes on record in total.
Pioneer Hi-Bred has 27 MSME Form 1 returns on record between 2015 and 2023, listing 2,437 overdue payments to 143 micro and small suppliers. The latest return was filed on 08 Dec 2023.
Pioneer Hi-Bred can be reached through the website pioneer.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Pioneer Hi-Bred is at V – Ascendas Atria Block 12th Floor Plot 17 Software Units Layout Madhapur, Hyderabad, Telangana, India – 500081.

