- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-03-0000472

About Adarsh Plant Protect Limited
Data last updated:
Adarsh Plant Protect Limited is a public limited company based in Anand, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 18 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29210GJ1992PLC017845. Its GSTIN is 24AABCA6650Q1ZE (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 526711.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.91 Cr. It is led by directors including Atish Naishadhkumar Patel (Managing Director) and Naishadkumar Naginbhai Patel.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 604 G.I.D.C. Vithal Udyognagar, Anand, Gujarat, India – 388121.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹12.04 Cr, a decline of 31.2% compared to the previous year. For the same year it recorded a net loss of ₹3 Lakh (net margin -0.2%) and EBITDA of ₹82 Lakh (EBITDA margin 6.8%). The net worth stands at ₹28 Lakh (down 6.7% YoY). Total assets are valued at ₹6.18 Cr (up 13% YoY).
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adarsh Plant Protect. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹5.85 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 10 deals on record (10 market trades); the latest was in September 2021.
Adarsh Plant Protect Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0000472). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adarshplant.com.
Company details
Recognitions & Rankings of Adarsh Plant Protect
Contact details
Adarsh Plant Protect Limited's registered office is in Anand, Gujarat. Its website is adarshplant.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address604 G.I.D.C. Vithal Udyognagar, Anand, Gujarat, India – 388121
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Adarsh Plant Protect 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
Adarsh Plant Protect operates one associated brand: Adarsh Plant Protect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agricultural sprayers, storage drums, and clean cookstoves are manufactured. | adarshplant.com |
Business activity
The main business activity of Adarsh Plant Protect is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Adarsh Plant Protect Limited, buy the company report.
Financials of Adarsh Plant Protect Limited
FY 2025-26 filings availableAdarsh Plant Protect Limited reported revenue of ₹12.04 Cr (down 31.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 12.04 | 17.50 | 18.65 | 17.20 | 17.12 | 12.63 | 12.70 |
| Revenue growth | -31.2% | -6.2% | +8.4% | +0.5% | +35.6% | -0.6% | - |
| EBITDA | 0.82 | (0.33) | 0.76 | 0.42 | 0.31 | 0.44 | 0.19 |
| EBITDA margin | +6.8% | -1.9% | +4.1% | +2.4% | +1.8% | +3.5% | +1.5% |
| Profit before tax | (0.02) | (1.15) | 0.49 | 0.15 | 0.10 | 0.21 | 0.01 |
| Net profit | (0.03) | (1.15) | 0.49 | 0.15 | 0.10 | 0.21 | 0.01 |
| Net profit margin | -0.3% | -6.6% | +2.6% | +0.9% | +0.6% | +1.7% | +0.1% |
| EPS (₹) | (0.02) | (1.17) | 0.49 | 0.14 | 0.10 | 0.22 | 0.01 |
| Balance sheet | |||||||
| Total assets | 6.18 | 5.47 | 6.00 | 6.04 | 6.54 | 6.96 | 6.27 |
| Net worth | 0.28 | 0.30 | 1.46 | 0.97 | 0.83 | 0.72 | 0.51 |
| Total debt | 5.83 | 5.13 | 4.51 | 5.02 | 5.67 | 6.20 | 5.71 |
| Cash & bank | 0.15 | 0.10 | 0.23 | 0.09 | 0.05 | 0.06 | 0.06 |
| Net working capital | 4.81 | 3.63 | 5.23 | 5.22 | 5.74 | 6.23 | 5.55 |
| Cash flow | |||||||
| Cash from operations | (0.28) | 1.07 | 0.89 | 1.04 | 0.87 | (0.04) | (0.04) |
| Cash from investing | (0.02) | (0.21) | (0.02) | (0.15) | (0.18) | 0.01 | 0.01 |
| Cash from financing | 0.35 | (0.99) | (0.72) | (0.86) | (0.70) | (0.04) | (0.04) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.38 | 3.19 | 2.57 | 3.63 | 2.65 | 4.42 | 3.84 | 5.18 |
| Revenue growth (YoY) | -10.2% | -27.8% | -33.1% | -29.9% | -34.7% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.01 | 0.00 | 0.00 |
| Total expenses | 2.47 | 2.49 | 2.54 | 3.57 | 2.62 | 5.63 | 3.75 | 4.81 |
| EBITDA | (0.09) | 0.70 | 0.03 | 0.06 | 0.03 | (1.21) | 0.09 | 0.37 |
| EBITDA margin | -3.8% | +21.9% | +1.2% | +1.7% | +1.1% | -27.4% | +2.3% | +7.1% |
| Depreciation | 0.13 | 0.48 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.08 | 0.14 | 0.08 | 0.07 | 0.06 | 0.05 | 0.06 | 0.05 |
| Profit before tax | (0.30) | 0.08 | (0.06) | 0.00 | (0.05) | (1.27) | 0.01 | 0.30 |
| Tax | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.38 | 3.19 | 2.57 | 3.63 | 2.65 | 4.42 | 3.84 | 5.18 |
| Revenue growth (YoY) | -10.2% | -27.8% | -33.1% | -29.9% | -34.7% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.01 | 0.00 | 0.00 |
| Total expenses | 2.47 | 2.49 | 2.54 | 3.57 | 2.62 | 5.63 | 3.75 | 4.81 |
| EBITDA | (0.09) | 0.70 | 0.03 | 0.06 | 0.03 | (1.21) | 0.09 | 0.37 |
| EBITDA margin | -3.8% | +21.9% | +1.2% | +1.7% | +1.1% | -27.4% | +2.3% | +7.1% |
| Depreciation | 0.13 | 0.48 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.08 | 0.14 | 0.08 | 0.07 | 0.06 | 0.05 | 0.06 | 0.05 |
| Profit before tax | (0.30) | 0.08 | (0.06) | 0.00 | (0.05) | (1.27) | 0.01 | 0.30 |
| Tax | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 12.04 | 17.50 | 18.65 | 17.20 | 17.12 | 12.63 | 12.70 |
| Revenue growth | -31.2% | -6.2% | +8.4% | +0.5% | +35.6% | -0.6% | - |
| Other income | 0.04 | 0.01 | 0.00 | 0.02 | 0.03 | 0.01 | 0.05 |
| Total expenses | 11.22 | 17.83 | 17.89 | 16.78 | 16.81 | 12.19 | 12.51 |
| Employee cost | 0.94 | 0.93 | 0.86 | 0.95 | 0.68 | 0.76 | 0.88 |
| EBITDA | 0.82 | (0.33) | 0.76 | 0.42 | 0.31 | 0.44 | 0.19 |
| EBITDA margin | +6.8% | -1.9% | +4.1% | +2.4% | +1.8% | +3.5% | +1.5% |
| Depreciation | 0.53 | 0.51 | 0.06 | 0.08 | 0.05 | 0.04 | 0.04 |
| Interest | 0.35 | 0.32 | 0.21 | 0.21 | 0.19 | 0.20 | 0.19 |
| Profit before tax | (0.02) | (1.15) | 0.49 | 0.15 | 0.10 | 0.21 | 0.01 |
| Tax | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (0.03) | (1.15) | 0.49 | 0.15 | 0.10 | 0.21 | 0.01 |
| Net profit margin | -0.3% | -6.6% | +2.6% | +0.9% | +0.6% | +1.7% | +0.1% |
| EPS (₹) | (0.02) | (1.17) | 0.49 | 0.14 | 0.10 | 0.22 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 |
| Reserves & surplus | (9.63) | (9.61) | (8.45) | (8.94) | (9.08) | (9.19) | (9.40) |
| Shareholders' funds (net worth) | 0.28 | 0.30 | 1.46 | 0.97 | 0.83 | 0.72 | 0.51 |
| Secured loans | 2.76 | 1.82 | 1.84 | 2.07 | 2.22 | 2.47 | 1.87 |
| Unsecured loans | 3.07 | 3.31 | 2.67 | 2.95 | 3.45 | 3.73 | 3.84 |
| Total debt | 5.83 | 5.13 | 4.51 | 5.02 | 5.67 | 6.20 | 5.71 |
| Total liabilities | - | - | 6.00 | 6.04 | 6.54 | 6.96 | 6.27 |
| Assets | |||||||
| Gross block | 2.00 | 2.37 | 0.87 | 0.84 | 0.72 | 0.58 | 0.55 |
| Net block | 1.03 | 1.48 | 0.49 | 0.53 | 0.48 | 0.37 | 0.38 |
| Capital work in progress | 0.00 | 0.06 | 0.06 | 0.06 | 0.08 | 0.06 | 0.06 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 4.41 | 3.87 | 4.14 | 3.16 | 3.28 | 2.87 | 2.86 |
| Sundry debtors | 2.41 | 2.76 | 3.33 | 3.20 | 3.63 | 3.90 | 3.49 |
| Cash & bank balances | 0.15 | 0.10 | 0.23 | 0.09 | 0.05 | 0.06 | 0.06 |
| Loans & advances | 0.15 | 0.18 | 0.51 | 0.57 | 0.65 | 0.90 | 0.44 |
| Total current assets | 7.12 | 6.91 | 8.21 | 7.02 | 7.61 | 7.73 | 6.85 |
| Total current liabilities | 2.31 | 3.28 | 2.98 | 1.80 | 1.87 | 1.50 | 1.30 |
| Net working capital | 4.81 | 3.63 | 5.23 | 5.22 | 5.74 | 6.23 | 5.55 |
| Total assets | 6.18 | 5.47 | 6.00 | 6.04 | 6.54 | 6.96 | 6.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.10 | 0.23 | 0.09 | 0.05 | 0.06 | 0.13 | 0.13 |
| Net cash from operating activities | (0.28) | 1.07 | 0.89 | 1.04 | 0.87 | (0.04) | (0.04) |
| Net cash from investing activities | (0.02) | (0.21) | (0.02) | (0.15) | (0.18) | 0.01 | 0.01 |
| Net cash from financing activities | 0.35 | (0.99) | (0.72) | (0.86) | (0.70) | (0.04) | (0.04) |
| Net change in cash | 0.05 | (0.13) | 0.14 | 0.04 | (0.01) | (0.07) | (0.07) |
| Closing cash | 0.15 | 0.10 | 0.23 | 0.09 | 0.05 | 0.06 | 0.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -31.2% | -6.2% | +8.4% | +0.5% | +35.6% | -0.6% | - |
| EBITDA growth | +348.5% | -143.4% | +81.0% | +35.5% | -29.6% | +131.6% | - |
| PBT growth | +98.3% | - | +226.7% | +50.0% | -52.4% | +2000.0% | +9998.0% |
| Net income growth | +97.4% | -334.7% | +226.7% | +50.0% | -52.4% | +2000.0% | - |
| Revenue CAGR (3Y) | -11.2% | +0.7% | +13.9% | +10.6% | +18.3% | +5.1% | +6.0% |
| EBITDA CAGR (3Y) | +25.0% | - | +20.0% | +30.3% | - | - | -29.8% |
| Profitability & leverage | |||||||
| Net income margin | -0.3% | -6.6% | +2.6% | +0.9% | +0.6% | +1.7% | +0.1% |
| Return on capital employed | 0.0% | 0.0% | +4.8% | +2.3% | +1.8% | +2.6% | +1.8% |
| Return on net worth | 0.0% | 0.0% | +4.9% | +1.4% | +1.0% | +2.2% | +0.2% |
| Debt / equity | 18.90 | 5.48 | 3.92 | 5.94 | 7.66 | 9.68 | 11.28 |
| Long-term debt / equity | 9.49 | 3.16 | 2.26 | 3.20 | 3.95 | 2.58 | 0.00 |
| Interest cover | 120.69 | -38.10 | 30.00 | 61.76 | 73.08 | 50.00 | 126.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.51 | 10.80 | 21.81 | 22.05 | 26.34 | 22.35 | 22.68 |
| Inventory turnover | 2.91 | 4.37 | 5.11 | 5.34 | 5.57 | 4.41 | 4.28 |
| Debtors turnover | 4.66 | 5.75 | 5.71 | 5.04 | 4.55 | 3.42 | 3.82 |
| EPS (₹) | (0.02) | (1.17) | 0.49 | 0.14 | 0.10 | 0.22 | 0.01 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.29 | 0.31 | 1.47 | 0.98 | 0.84 | 0.73 | 0.51 |
To see the full year-wise statements and ratios of Adarsh Plant Protect Limited, buy the company report.
Board of directors of Adarsh Plant Protect Limited
Adarsh Plant Protect has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naishadkumar Naginbhai Patel | Director | 11 Apr 1994 | 32 Years 6 Months | Current |
| Jyotikaben Naishadhkumar Patel Also directs: Adarsh Plant Private Limited | Director | 20 Dec 2004 | 21 Years 10 Months | Current |
| Atish Naishadhkumar Patel | Managing Director | 20 Dec 2004 | 21 Years 10 Months | Current |
| Bipinkumar Sureshbhai Thakkar Also directs: Mte Structures Limited, Prajyoti Bizcom Private Limited | Director | 13 Feb 2023 | 3 Years 8 Months | Current |
| Vipul Harshadbhai Raval Also directs: Prayas Engineering Limited | Director | 13 Feb 2023 | 3 Years 8 Months | Current |
| Chandrashekhar Sureshchandra Trivedi | Director | 14 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Adarsh Plant Protect Limited is audited by Rajani Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajani Shah & Co. | FY 2023 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 70.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.30% and retail and other public shareholders hold 29.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 70.60% | 70.60% | 70.60% | 70.60% |
| Public | 29.40% | 29.40% | 29.40% | 29.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2024 | 100994082 | Others | ₹3 Cr | Open | |
| 29 Jun 2020 | 100352894 | Others | ₹37 Lakh | Satisfied | |
| 29 Jun 2020 | 100352899 | Others | ₹20 Lakh | Satisfied | |
| 28 Sep 2006 | 10023869 | Bamk of Baroda | ₹1.5 Cr | Satisfied | |
| 23 Sep 2006 | 10023759 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Adarsh Plant Protect Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Adarsh Plant Protect Limited has 10 deals on record (10 market trades); the latest was in September 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Market trade | ₹28.3 Lakh | Buyer: an individual Seller: an individual |
| Dec 2020 | Market trade | ₹23 Lakh | Buyer: an individual Seller: an individual |
| Dec 2020 | Market trade | ₹8.6 Lakh | Buyer: an individual Seller: an individual |
| May 2013 | Market trade | ₹1.5 Lakh | Seller: an individual |
| Jan 2008 | Market trade | ₹53 Lakh | Buyer: Fortune Gilts Private Limited Seller: an individual |
To see the full deal history of Adarsh Plant Protect Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adarsh Plant Protect Limited has 5 court cases on record: 1 filed by Adarsh Plant Protect, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Anand, Gujarat | Commercial matter | Filed by the company against Manish Kiri MD Kiri Industries Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Neptune Packaging Pvt. Ltd. and 1 other | Disposed |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed against the company by individuals | Disposed |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed against the company by individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Satish Agro Industries Thro' Poa Prakash Jain | Disposed |
To see the full case history of Adarsh Plant Protect 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
No delayed payments to MSME suppliers are on our record for Adarsh Plant Protect Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adarsh Plant Protect Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Adarsh Plant Protect has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA6650Q1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Plant Protect Limited, buy the company report.
Recent activity
Adarsh Plant Protect Limited has 20 board changes on record since 1994: 13 appointments and 7 cessations. The latest: Arvind Vallabhdas Shah ceased to be Director on 20 Sep 2024.
30 earlier events are in the company report.
Frequently asked questions
Adarsh Plant Protect is an active public limited company based in Anand, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 18 June 1992 (34+ years old) and is registered under CIN L29210GJ1992PLC017845. Listed on BSE: 526711.
Adarsh Plant Protect reported revenue of ₹12.04 Cr for FY 2025-26 (down 31.2% YoY) based on standalone financials.
Adarsh Plant Protect has 6 current directors:
- Atish Naishadhkumar Patel - Managing Director
- Naishadkumar Naginbhai Patel - Director
- Jyotikaben Naishadhkumar Patel - Director
- Bipinkumar Sureshbhai Thakkar - Director
- Vipul Harshadbhai Raval - Director
- Chandrashekhar Sureshchandra Trivedi - Director
The latest financial statements of Adarsh Plant Protect on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adarsh Plant Protect is 24AABCA6650Q1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Adarsh Plant Protect is L29210GJ1992PLC017845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Adarsh Plant Protect is a listed company as per MCA records. Its shares are listed on BSE (code: 526711).
Adarsh Plant Protect has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Adarsh Plant Protect was incorporated on 18 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adarsh Plant Protect has 10 deals on record (10 market trades); the latest was in September 2021.

