About Agritech Engineering Private Limited
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Agritech Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 13 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29210KA2007PTC044657. Its GSTIN is 29AAGCA6932J1ZC (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹61 Lakh. It is led by directors including Bya Reddy Nagaraj Reddy and Ashokbabu Doddathoguru Nagaraja.
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 No. 235 N – 1 Bommasanddra Industrial Area 3rd Phase Hosur Road, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.18 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹30.76 Lakh (net margin -14.1%) and EBITDA of ₹21.06 Lakh (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The company is associated with 1 brand: Agritech Engineering. As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹2.15 Cr on record. Court records list 60 cases involving the company, including 14 filed by the company and 46 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website agritechengineering.com.
Company details
Contact details
Agritech Engineering Private Limited's registered office is in Bangalore, Karnataka. Its website is agritechengineering.com. Its telephone number is in the company report.
- Telephone
- Website
- Registered AddressNo. 235 N – 1 Bommasanddra Industrial Area 3rd Phase Hosur Road, Bangalore, Karnataka, India – 560099
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Agritech Engineering 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
Agritech Engineering operates one associated brand: Agritech Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures machinery for rice processing in the agriculture sector. | agritechengineering.com |
Business activity
The main business activity of Agritech Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Agritech Engineering Private Limited, buy the company report.
Financials of Agritech Engineering Private Limited
FY 2018 filings availableAgritech Engineering Private Limited reported revenue of ₹2.18 Cr (down 82% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 82% fall in the latest year. EBITDA fell 71% 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 | ₹2.18 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹21.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹30.76 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 | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.6% | |||
| Net Profit Margin | -14.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Agritech Engineering Private Limited, buy the company report.
Board of directors of Agritech Engineering Private Limited
Agritech Engineering has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bya Reddy Nagaraj Reddy | Director | 16 Oct 2012 | 14 Years 0 Months | Current |
| Ashokbabu Doddathoguru Nagaraja | Director | 13 Dec 2007 | 18 Years 10 Months | Current |
| Malapati Lakshminarayana Reddy | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
| Susheela Doddathogru Nagaraja | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
Auditor
Agritech Engineering Private Limited is audited by G R A N T & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R A N T & CO | FY 2018 | 013684S |
Shareholding
The shareholding of Agritech Engineering Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Agritech Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2010 | 10252790 | Others | ₹3.75 Cr | Open | |
| 28 Feb 2011 | 10273006 | The Karnataka Bank Limited | ₹50 Lakh | Satisfied | |
| 19 Dec 2008 | 10134652 | Punjab National Bank | ₹1.65 Cr | Satisfied |
To see the full charge records of Agritech Engineering Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Agritech Engineering Private Limited has 60 court cases on record: 14 filed by Agritech Engineering, 46 filed against it. 4 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 40 | 1 |
| High courts | 17 | 6 | 3 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Karnataka Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Bdi India Private Limited | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by International Combustion (India) Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Infoline Housing Finance Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Sterling Abrasives Limited | Disposed |
To see the full case history of Agritech Engineering 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
No delayed payments to MSME suppliers are on our record for Agritech Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Agritech Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA6932J1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agritech Engineering Private Limited, buy the company report.
Recent activity
Agritech Engineering Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Malapati Lakshminarayana Reddy ceased to be Director on 09 Sep 2021.
4 earlier events are in the company report.
Frequently asked questions
Agritech Engineering is an active private limited company based in Bangalore, Karnataka, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 13 December 2007 (19+ years old) and is registered under CIN U29210KA2007PTC044657.
Agritech Engineering has 4 current directors:
- Bya Reddy Nagaraj Reddy - Director
- Ashokbabu Doddathoguru Nagaraja - Director
- Malapati Lakshminarayana Reddy - Director
- Susheela Doddathogru Nagaraja - Director
The latest financial statements of Agritech Engineering 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 GSTIN of Agritech Engineering is 29AAGCA6932J1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Agritech Engineering is U29210KA2007PTC044657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agritech Engineering has 60 court cases on record: 14 filed by the company and 46 filed against it. 4 are pending. Most are in the district courts.
Agritech Engineering was incorporated on 13 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Malapati Lakshminarayana Reddy ceased to be Director on 09 Sep 2021. Malapati Lakshminarayana Reddy was appointed as Director on 11 Dec 2020. Bya Reddy Nagaraj Reddy was appointed as Director on 16 Oct 2012. Agritech Engineering has 6 board changes on record in total.
Agritech Engineering can be reached through the website agritechengineering.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Agritech Engineering is at No. 235 N – 1 Bommasanddra Industrial Area 3rd Phase Hosur Road, Bangalore, Karnataka, India – 560099.