MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0095270
Agritech Industries Private Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹98.13 Cr
▼ 60% YoY
Net profit · FY 2023
₹28.28 Lakh
Net margin 0.3%
EBITDA · FY 2023
-₹2.32 Cr
EBITDA margin -2.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹45.2 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Agritech Industries Private Limited
Data last updated:
Agritech Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 05 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2016PTC092806. Its GSTIN is 24AAOCA5516A1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Mitalben Patel Navnitkumar and Kirankumar Sankabhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 New Karnawati Society B/H Lalbunglow Off. C G Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2023, the company reported a revenue of ₹98.13 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹28.28 Lakh (net margin 0.3%) and EBITDA of -₹2.32 Cr (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹45.2 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Agritech Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0095270). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agritecindustries.com.
Company details
CIN U17299GJ2016PTC092806
Registration Number 092806
Incorporation Date 05 July 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0095270
Recognitions & Rankings of Agritech Industries
Contact details
Agritech Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is agritecindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 New Karnawati Society B/H Lalbunglow Off. C G Road, Ahmedabad, Gujarat, India – 380009
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Agritech Industries Private Limited, buy the company report.
Comprehensive company report
Agritech Industries 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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Financials of Agritech Industries Private Limited
FY 2024 filings availableAgritech Industries Private Limited reported revenue of ₹98.13 Cr (down 60% YoY) for FY 2023.
Revenue · FY 2023
₹98.13 Cr ▼ 60%
Net profit · FY 2023
₹28.28 Lakh margin 0.3%
EBITDA · FY 2023
-₹2.32 Cr margin -2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 35%
5 years · compounded
▲ 22%
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹98.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.28 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | ||||
| 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 Agritech Industries Private Limited, buy the company report.
Board of directors of Agritech Industries Private Limited
Agritech Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitalben Patel Navnitkumar | Director | 01 Sep 2018 | 8 Years 1 Months | Current |
| Kirankumar Sankabhai Patel | Additional Director | 01 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Agritech Industries Private Limited is audited by NAUSHADAHMED GULAMNABI SHAIKH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAUSHADAHMED GULAMNABI SHAIKH | FY 2023 | 127554W |
Shareholding
The shareholding of Agritech Industries 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 Agritech Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2023 | 100741207 | Axis Bank Limited | ₹5 Cr | Open | |
| 22 Feb 2019 | 100244640 | The Kalupur Commercial Co-Operative Bank Limited | ₹10 Lakh | Open | |
| 22 Feb 2019 | 100244639 | The Kalupur Commercial Co-Operative Bank Limited | ₹40.1 Cr | Open |
To see the full charge records of Agritech Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Agritech Industries Private Limited has 4 court cases on record: 4 filed by Agritech Industries. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed by the company against an individual | Pending |
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed by the company against an individual | Pending |
| District court, Kota, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Disposed |
| District court, Kota, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Disposed |
To see the full case history of Agritech Industries 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 Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Agritech Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA5516A1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agritech Industries Private Limited, buy the company report.
Recent activity
Agritech Industries Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Dushyant Rajendrabhai Patel ceased to be Director on 29 Mar 2022.
AGM
Agritech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Agritech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100741207 was registered on 08 Jun 2023.
Ceased
Dushyant Rajendrabhai Patel ceased to be Director.
Ceased
Nitaben Rameshbhai Patel ceased to be Director.
Appointed
Kirankumar Sankabhai Patel was appointed as Additional Director.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 40.10 Cr registered on 22 Feb 2019 with Charge ID 100244639 was modified on 13 Mar 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100244640 was registered on 22 Feb 2019.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 40.10 Cr with Charge ID 100244639 was registered on 22 Feb 2019.
Ceased
Mayurkumar Dahyabhai Patel ceased to be Director.
Appointed
Mitalben Patel Navnitkumar was appointed as Director.
Incorporation
05 Jul 2016
Agritech Industries Private Limited was registered on 05 Jul 2016 with Roc Ahmedabad & aged 10 years 3 months as per MCA records.
Frequently asked questions
Agritech Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 05 July 2016 (10+ years old) and is registered under CIN U17299GJ2016PTC092806.
Agritech Industries has 2 current directors:
- Mitalben Patel Navnitkumar - Director
- Kirankumar Sankabhai Patel - Additional Director
The latest financial statements of Agritech Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Agritech Industries is 24AAOCA5516A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Agritech Industries is U17299GJ2016PTC092806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agritech Industries has 4 court cases on record: 4 filed by the company. 2 are pending.
Agritech Industries was incorporated on 05 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dushyant Rajendrabhai Patel ceased to be Director on 29 Mar 2022. Nitaben Rameshbhai Patel ceased to be Director on 29 Mar 2022. Kirankumar Sankabhai Patel was appointed as Additional Director on 01 Feb 2022. Agritech Industries has 5 board changes on record in total.
Yes, Agritech Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0095270).
Agritech Industries can be reached through the website agritecindustries.com. Its registered office is in Ahmedabad, Gujarat, India.