About Agro Dutch Industries Limited
Data last updated:
Agro Dutch Industries Limited is a public limited company based in Chandigarh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 29 May 1992.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L29211CH1992PLC012321. Its GSTIN is 03AABCA2430Q2ZV (Punjab). The company holds 5 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from NSE on 30 May 2018 · compulsory delisting and from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹94.01 Cr. It was formerly known as Agro Dutch Foods Limited. It is led by director Malvinder Singh Bhinder.
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 SCO 23 First Floor Sector 33 D, Chandigarh, India – 160020.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.67 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹81.33 Cr and EBITDA of -₹8.32 Cr (EBITDA margin -226.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,117.29 Cr and satisfied charges of ₹10 Cr on record. Court records list 44 cases involving the company, including 8 filed by the company and 36 filed against it; 6 cases are pending. The company has 5 deals on record (5 market trades); the latest was in July 2005.
The last known website on record is agrodutch.in.
Company details
CIN history
Agro Dutch Industries has one previous CIN (Corporate Identification Number): U29211CH1992PLC012321. The current CIN is L29211CH1992PLC012321, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29211CH1992PLC012321 | Current |
| U29211CH1992PLC012321 | Previous |
Contact details
Agro Dutch Industries Limited's registered office is in Chandigarh, Chandigarh. Its website is agrodutch.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSCO 23 First Floor Sector 33 D, Chandigarh, India – 160020
- IndustryAgriculture, Agri Support Services
To see the full contact details of Agro Dutch Industries 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
Financials of Agro Dutch Industries Limited
FY 2018 filings availableAgro Dutch Industries Limited reported revenue of ₹3.67 Cr (down 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 23% fall in the latest year. EBITDA fell 627% 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 | ₹3.67 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹8.32 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹81.33 Cr | |||
| 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 | -226.8% | |||
| Net Profit Margin | ||||
| 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 Agro Dutch Industries Limited, buy the company report.
Board of directors of Agro Dutch Industries Limited
Agro Dutch Industries has 1 current director and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malvinder Singh Bhinder | Director | 22 Jun 1992 | 34 Years 4 Months | As last reported |
Auditor
Agro Dutch Industries Limited is audited by RAKESH SINGLA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH SINGLA & ASSOCIATES | FY 2018 | 003371N |
Shareholding
The shareholding of Agro Dutch Industries Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Agro Dutch Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2010 | 10194106 | Others | ₹1.92 Cr | Open | |
| 13 Jan 2010 | 10194104 | Others | ₹5.51 Cr | Open | |
| 28 Dec 2009 | 10200046 | Pegasus Group Three Trust - Iii - Pegasus Assets Reconstruction Private Limited | ₹458.53 Cr | Open | |
| 05 May 2009 | 10157957 | Federal Bank Limited | ₹3 Cr | Open | |
| 27 Mar 2009 | 10154879 | 3I Infotech Trusteeship Services Limited | ₹21 Cr | Open |
To see the full charge records of Agro Dutch Industries Limited, buy the company report.
Total charge records: 56 View all charges
Deals & funding
Agro Dutch Industries Limited has 5 deals on record (5 market trades); the latest was in July 2005.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2005 | Market trade | ₹70 Lakh | Seller: Vishwa Calibre Builders P |
| Jul 2005 | Market trade | ₹59 Lakh | Seller: Vishwa Calibre Builders P |
| Jul 2005 | Market trade | ₹4.26 Cr | Buyer: JMP Securities Private Limited , H J Securities Private Limited , Magnum Equity Broking, an individual Seller: H J Securities Private Limited , Magnum Equity Broking, Amu Shares And Sec Ltd |
| Jun 2005 | Market trade | ₹84.3 Lakh | Seller: an individual |
| Jun 2005 | Market trade | ₹56.7 Lakh | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Agro Dutch Industries Limited has 44 court cases on record: 8 filed by Agro Dutch Industries, 36 filed against it. 6 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 25 | 3 |
| High courts | 15 | 11 | 0 |
| Supreme Court | 3 | 0 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Uv Asset Reconstruction Company Limited and 3 others | Disposed |
| High Court, CHANDIGARH (UT) | Company petition | Filed against the company by M/S Total Oil India Pvt Ltd | Disposed |
| District court, SAS Nagar, Punjab | Execution petition | Filed against the company by Mahindra and Mahindra Limited | Disposed |
| High Court, CHANDIGARH (UT) | Company petition | Filed against the company by M/S GPT Steel Industries Ltd. | Disposed |
| High Court, CHANDIGARH (UT) | Company petition | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
To see the full case history of Agro Dutch Industries 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 Agro Dutch Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Agro Dutch Industries Limited has a workforce of 14 employees on its EPFO records as of Sep 2016, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 14 |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Agro Dutch Industries Limited, buy the company report.
GST
Agro Dutch Industries has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCA2430Q2ZV | Punjab | Active | 21 Jul 2020 |
| 33AABCA2430Q2ZS | Tamil Nadu | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Agro Dutch Industries Limited, buy the company report.
Recent activity
Agro Dutch Industries Limited has 39 board changes on record since 1992: 20 appointments and 19 cessations. The latest: Navpreet Kaur Kaur ceased to be Director on 09 May 2019.
131 earlier events are in the company report.
Frequently asked questions
Agro Dutch Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Agro Dutch Industries is a company under insolvency, formerly operating as a public limited company based in Chandigarh, India. The company works in agri support services, within the agriculture industry. It was incorporated on 29 May 1992 and is registered under CIN L29211CH1992PLC012321. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Agro Dutch Industries has 1 current director:
- Malvinder Singh Bhinder - Director
The latest financial statements of Agro Dutch Industries 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 Agro Dutch Industries is L29211CH1992PLC012321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agro Dutch Industries is recorded as a listed company by MCA, but its shares were delisted from NSE on 30 May 2018 · compulsory delisting and from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Agro Dutch Industries has open charges of ₹1,117.29 Cr and satisfied charges of ₹10 Cr as per latest MCA filings.
Agro Dutch Industries has 44 court cases on record: 8 filed by the company and 36 filed against it. 6 are pending. Most are in the district courts.
Agro Dutch Industries was incorporated on 29 May 1992. It is registered with the Registrar of Companies, Chandigarh.
Agro Dutch Industries has 5 deals on record (5 market trades); the latest was in July 2005.
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