About Acaricide India Private Limited
Data last updated:
Acaricide India Private Limited is a private limited company based in Hyderabad, Telangana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the crop protection segment of the agriculture sector. It was incorporated on 21 September 1995.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24120TG1995PTC021775. Its GSTIN is 36AABCK4673M1Z4 (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.28 Cr. It was formerly known as K.V.M. Organic Products Private Limited. It is led by directors Sreenivasa Rao Kurapati (Managing Director) and Lakshmi Sujatha Kurapati.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2nd Floor Mig – 88 Road No.1 Kphb Phase – 1 Kphb Colony, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2018, the company reported a revenue of ₹45.84 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹23.3 Lakh (net margin -0.5%) and EBITDA of ₹4.3 Cr (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.18 Cr and satisfied charges of ₹8.47 Cr on record. Court records list 124 cases involving the company, including 97 filed by the company and 27 filed against it; 1 case is pending.
The last known website on record is acaricideindia.com.
Company details
CIN history
Acaricide India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24120TG1995PTC021775, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24120TG1995PTC021775 | Current |
| U99999AP1995PLC021775 | Previous |
| U24120AP1995PTC021775 | Previous |
Contact details
Acaricide India Private Limited's registered office is in Hyderabad, Telangana. Its website is acaricideindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor Mig – 88 Road No.1 Kphb Phase – 1 Kphb Colony, Hyderabad, Telangana, India – 500072
- IndustryAgriculture, Crop Protection
To see the full contact details of Acaricide India 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
Business activity
The main business activity of Acaricide India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Acaricide India Private Limited, buy the company report.
Financials of Acaricide India Private Limited
FY 2018 filings availableAcaricide India Private Limited reported revenue of ₹45.84 Cr (down 35% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 35% fall in the latest year. EBITDA fell 9% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹45.84 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.3 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹23.3 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.4% | |||
| Net Profit Margin | -0.5% | |||
| 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 Acaricide India Private Limited, buy the company report.
Board of directors of Acaricide India Private Limited
Acaricide India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Sujatha Kurapati Also directs: DMVR Infrastructure Private Limited, DMVR Solar Infra Private Limited, Sreejatha Infrastructure Private Limited and 1 more | Director | 03 Mar 2017 | 9 Years 8 Months | As last reported |
| Sreenivasa Rao Kurapati Also directs: DMVR Infrastructure Private Limited, DMVR Solar Infra Private Limited, Sreejatha Infrastructure Private Limited and 1 more | Managing Director | 03 Mar 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Acaricide India Private Limited is compared with the 8 companies closest to it by revenue in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khublal Agro Chemicals Private Limited | ₹48.01 Cr (FY 2025) | 30.0% | Nalanda, Bihar, India | |||
| Growtech Agri Science and Research Private Limited | ₹47.9 Cr (FY 2024) | 18.0% | Indore, Madhya Pradesh, India | |||
| Averrile Surfactant Private Limited | ₹47.35 Cr (FY 2025) | 60.0% | Gandhi Nagar, Delhi, India | |||
| Kingtech Bio Chem Private Limited | ₹46.94 Cr (FY 2024) | -16.0% | Ahmedabad, Gujarat, India | |||
| Acaricide India Private Limitedthis company | ₹45.84 Cr (FY 2018) | -₹23.3 Lakh | -0.5% | -35.0% | 4 | Hyderabad, Telangana, India |
| Super Crop Safe Limited | ₹45.43 Cr (FY 2025) | 45.0% | Ahmedabad, Gujarat, India | |||
| Synergy Crop Protection Private Limited | ₹45.1 Cr (FY 2024) | -7.0% | Hyderabad, Telangana, India | |||
| Rhyme Organics and Chemicals Private Limited | ₹44.65 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Unikil Pesticides Private Limited | ₹44.19 Cr (FY 2024) | 46.0% | Vidhisha, Madhya Pradesh, India |
To see the full peer comparison of Acaricide India Private Limited, buy the company report.
Auditor
Acaricide India Private Limited is audited by P KRISHNA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P KRISHNA & CO | FY 2018 | 005473S |
Shareholding
The shareholding of Acaricide India Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Acaricide India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2013 | 10432455 | Others | ₹12.18 Cr | Open | |
| 05 May 2010 | 10218371 | Idbi Bank Limited | ₹5.61 Cr | Satisfied | |
| 31 Aug 2007 | 10068789 | Syndicate Bank | ₹2 Cr | Satisfied | |
| 29 Jan 1998 | 90115603 | Oriental Bank of Commerce | ₹35 Lakh | Satisfied | |
| 12 Apr 1997 | 90115466 | A.P.S.F.C. | ₹50.75 Lakh | Satisfied |
To see the full charge records of Acaricide India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Acaricide India Private Limited has 124 court cases on record: 97 filed by Acaricide India, 27 filed against it. 1 case is pending and 123 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 108 | 16 | 0 |
| High courts | 9 | 4 | 1 |
| NCLT | 6 | 6 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 124)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Arysta Life Science India Limited Through Hemang G Bansal | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Neogrowth Credit Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Meghmani Organics Ltd- Jhamaklal Patidar | Disposed |
| High Court for State of Telangana | Court case (CRLRC) | Filed against the company | Pending |
To see the full case history of Acaricide India 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.
Credit ratings & regulatory alerts
Acaricide India Private Limited was last rated by Brickwork on 10 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 10 Nov 2021 |
To see the full credit ratings and regulatory alerts of Acaricide India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acaricide India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Acaricide India Private Limited has a workforce of 4 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Acaricide India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCK4673M1Z4 | Telangana | Active | 01 Jul 2017 |
| 37AABCK4673M1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acaricide India Private Limited, buy the company report.
Recent activity
Acaricide India Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Krishna Prasad Potluri ceased to be Additional Director on 29 Jan 2019.
10 earlier events are in the company report.
Frequently asked questions
Acaricide India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Acaricide India is a company under liquidation, formerly operating as a private limited company based in Hyderabad, Telangana, India. The company works in crop protection, within the agriculture industry. It was incorporated on 21 September 1995 and is registered under CIN U24120TG1995PTC021775. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Acaricide India has 2 current directors:
- Sreenivasa Rao Kurapati - Managing Director
- Lakshmi Sujatha Kurapati - Director
The latest financial statements of Acaricide India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Acaricide India is U24120TG1995PTC021775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acaricide India has open charges of ₹12.18 Cr and satisfied charges of ₹8.47 Cr as per latest MCA filings.
Acaricide India has 124 court cases on record: 97 filed by the company and 27 filed against it. 1 is pending. Most are in the district courts.
Acaricide India was incorporated on 21 September 1995. It is registered with the Registrar of Companies, Hyderabad.
The peers of Acaricide India by revenue are Khublal Agro Chemicals Private Limited, Growtech Agri Science and Research Private Limited, Averrile Surfactant Private Limited, Kingtech Bio Chem Private Limited, Super Crop Safe Limited and 3 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Krishna Prasad Potluri ceased to be Additional Director on 29 Jan 2019. Sreenivasa Rao Kurapati ceased to be Director on 16 Mar 2017. Venkatarao Makineni ceased to be Managing Director on 16 Mar 2017. Acaricide India has 6 board changes on record in total.
Acaricide India can be reached through the website acaricideindia.com. Its registered office is in Hyderabad, Telangana, India.
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