MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-32-0001540
Able Oils and Agro Private Limited - food and beverages in Wankaner, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹280.04 Cr
▲ 31% YoY
Net profit · FY 2025
₹87.09 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹3.25 Cr
EBITDA margin 1.2%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.28 Cr
Issued & subscribed
Open charges
₹21.27 Cr
Satisfied ₹9.1 Cr
Company age
10 yrs
Est. 2016
Directors on board
5
As per MCA filings
About Able Oils and Agro Private Limited
Data last updated:
Able Oils and Agro Private Limited is a private limited company based in Wankaner, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 20 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15142GJ2016PTC093018. Its GSTIN is 24AAOCA6431A1Z3 (Gujarat).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.28 Cr. It is led by directors including Mayank Devkaran Bhalodia and Suniti Narotam Sarsawadia.
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 Bhojpara 8A NH Way Lunsar Road, Wankaner, Gujarat, India – 363621.
As per the financials filed for FY 2025, the company reported a revenue of ₹280.04 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹87.09 Lakh (net margin 0.3%) and EBITDA of ₹3.25 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 22% over five years.
The company is associated with 1 brand: Able Oils. As per MCA filings, the company has open charges of ₹21.27 Cr and satisfied charges of ₹9.1 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Able Oils and Agro Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ableoils.com.
Company details
CIN U15142GJ2016PTC093018
Registration Number 093018
Incorporation Date 20 July 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-32-0001540
Key People
Mayank Devkaran Bhalodia Director Suniti Narotam Sarsawadia Director Nileshkumar Dhirajlal Sarshavdiya Director Recognitions & Rankings of Able Oils and Agro
Contact details
Able Oils and Agro Private Limited's registered office is in Wankaner, Gujarat. Its website is ableoils.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBhojpara 8A NH Way Lunsar Road, Wankaner, Gujarat, India – 363621
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Able Oils and Agro Private Limited, buy the company report.
Comprehensive company report
Able Oils and Agro Private Limited - one report that includes everything
- 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
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Brands
Able Oils and Agro operates one associated brand: Able Oils. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Refining of palm oil and trading in refined palmolein oil in India. | ableoils.com |
Business activity
The main business activity of Able Oils and Agro is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Able Oils and Agro Private Limited, buy the company report.
Financials of Able Oils and Agro Private Limited
FY 2025 filings availableAble Oils and Agro Private Limited reported revenue of ₹280.04 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹280.04 Cr ▲ 31%
Net profit · FY 2025
₹87.09 Lakh margin 0.3%
EBITDA · FY 2025
₹3.25 Cr margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 11%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 31% growth in the latest year. EBITDA rose 14% 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 | ₹3.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.09 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Able Oils and Agro Private Limited, buy the company report.
Board of directors of Able Oils and Agro Private Limited
Able Oils and Agro has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Devkaran Bhalodia Also directs: Coto Ceramic Private Limited, Cuto Bathware LLP | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
| Suniti Narotam Sarsawadia | Director | 14 Sep 2017 | 9 Years 1 Months | Current |
| Nileshkumar Dhirajlal Sarshavdiya | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
| Narotam Ravjibhai Sarsawadia | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Bachubhai Kuverji Patel Also directs: Coto Ceramic Private Limited | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Able Oils and Agro Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kalyani Oil Extraction Private Limited | ₹281.16 Cr (FY 2025) | 4.0% | Raiganj, West Bengal, India | |||
| Able Oils and Agro Private Limitedthis company | ₹280.04 Cr (FY 2025) | ₹87.09 Lakh | 0.3% | 31.0% | Wankaner, Gujarat, India | |
| Jai Lakshmi Solvents Pvt.Ltd. | ₹276.18 Cr (FY 2025) | 25.0% | Gorakhpur, Uttar Pradesh, India | |||
| K.L.F. Nirmal Industries Private Limited | ₹272.77 Cr (FY 2025) | 16.0% | Thrissur, Kerala, India | |||
| Labhanshi Multitrade Private Limited | ₹272.59 Cr (FY 2023) | 45.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Able Oils and Agro Private Limited, buy the company report.
Shareholding
The shareholding of Able Oils and Agro 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 Able Oils and Agro Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.27 Cr
Satisfied charges
₹9.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2018 | 100214975 | Axis Bank Limited | ₹21.27 Cr | Open | |
| 23 Feb 2018 | 100156753 | Sidbi | ₹9.1 Cr | Satisfied |
To see the full charge records of Able Oils and Agro Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Able Oils and Agro Private Limited has 4 court cases on record: 4 filed by Able Oils and Agro. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against Dwarkesh Oil Industries Through Prop. U.P.Chavda | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Dwarkesh Oil Industries Through Prop. U.P.Chavda | Disposed |
To see the full case history of Able Oils and Agro 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
Able Oils and Agro Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 75 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Parmeshwar Electric Store | |||
| Apex Packaging | |||
| an individual supplier | |||
| Sahkar Hardwere |
To see the full MSME payment records of Able Oils and Agro Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Able Oils and Agro has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA6431A1Z3 | Gujarat | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Able Oils and Agro Private Limited, buy the company report.
Recent activity
Able Oils and Agro Private Limited has 10 board changes on record since 2016: 5 appointments and 5 cessations. The latest: Bachubhai Kuverji Patel ceased to be Additional Director on 29 Sep 2023.
AGM
Able Oils And Agro Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Able Oils And Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 21.27 Cr registered on 20 Oct 2018 with Charge ID 100214975 was modified on 20 Dec 2024.
Charges
A charge registered on 23 Feb 2018 via Charge ID 100156753 with Sidbi was fully satisfied on 02 Jan 2024.
Ceased
Bachubhai Kuverji Patel ceased to be Additional Director.
Ceased
Mayank Devkaran Bhalodia ceased to be Additional Director.
Ceased
Nileshkumar Dhirajlal Sarshavdiya ceased to be Additional Director.
Appointed
Bachubhai Kuverji Patel was appointed as Director.
Appointed
Mayank Devkaran Bhalodia was appointed as Director.
Ceased
Mayank Rugnathbhai Adroja ceased to be Director.
Appointed
Nileshkumar Dhirajlal Sarshavdiya was appointed as Director.
Ceased
Rugnath Prabhubhai Adroja ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Able Oils and Agro is an active private limited company based in Wankaner, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 20 July 2016 (10+ years old) and is registered under CIN U15142GJ2016PTC093018.
Able Oils and Agro has 5 current directors:
- Mayank Devkaran Bhalodia - Director
- Suniti Narotam Sarsawadia - Director
- Nileshkumar Dhirajlal Sarshavdiya - Director
- Narotam Ravjibhai Sarsawadia - Director
- Bachubhai Kuverji Patel - Director
The latest financial statements of Able Oils and Agro 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 FY 2017 are in the company report.
The GSTIN of Able Oils and Agro is 24AAOCA6431A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Able Oils and Agro is U15142GJ2016PTC093018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Able Oils and Agro has 4 court cases on record: 4 filed by the company.
Able Oils and Agro was incorporated on 20 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Able Oils and Agro by revenue are Kalyani Oil Extraction Private Limited, Jai Lakshmi Solvents Pvt.Ltd, K.L.F. Nirmal Industries Private Limited, Labhanshi Multitrade Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Bachubhai Kuverji Patel ceased to be Additional Director on 29 Sep 2023. Mayank Devkaran Bhalodia ceased to be Additional Director on 29 Sep 2023. Nileshkumar Dhirajlal Sarshavdiya ceased to be Additional Director on 29 Sep 2023. Able Oils and Agro has 10 board changes on record in total.
Yes, Able Oils and Agro is registered as an MSME under Udyam registration (number: UDYAM-GJ-32-0001540).
Able Oils and Agro has 6 MSME Form 1 returns on record between 2019 and 2023, listing 75 overdue payments to 29 micro and small suppliers. The latest return was filed on 23 Aug 2023.
Able Oils and Agro can be reached through the website ableoils.com. Its registered office is in Wankaner, Gujarat, India.
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