- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-20-0005128

About Agro Solvent Products Pvt Ltd
Data last updated:
Agro Solvent Products Pvt Ltd is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 26 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15141MP1982PTC001976. Its GSTIN is 23AACCA7855L1ZG (Madhya Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.23 Cr. It was formerly known as Agro Solvent Products Limited. It is led by directors including Suresh Kalra (Managing Director) and Jayant Kothari.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Gopal Bhawan Sanjay Complax, Gwalior, Madhya Pradesh, India – 474009.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.88 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹5.13 Cr (net margin 8.2%) and EBITDA of ₹9.73 Cr (EBITDA margin 15.5%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 7% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Agro Solvent. As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹11.62 Cr on record. Court records list 36 cases involving the company, including 31 filed by the company and 5 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in April 2013. Its 3 peer companies in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 2 smaller; the largest is Tata Consumer Soulfull Private Limited with revenue of ₹65.81 Cr.
Agro Solvent Products Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-20-0005128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agrosolvent.com.
Company details
Recognitions & Rankings of Agro Solvent Products
Contact details
Agro Solvent Products Pvt Ltd's registered office is in Gwalior, Madhya Pradesh. Its website is agrosolvent.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Gopal Bhawan Sanjay Complax, Gwalior, Madhya Pradesh, India – 474009
- IndustryFood and Beverages, Organic & Health Foods
To see the full contact details of Agro Solvent Products Pvt Ltd, 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
Agro Solvent Products operates one associated brand: Agro Solvent. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of plant-based ingredients and renewable energy services from India. | agrosolvent.com |
Business activity
The main business activities of Agro Solvent Products are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers food, beverages and tobacco products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Agro Solvent Products Pvt Ltd, buy the company report.
Financials of Agro Solvent Products Pvt Ltd
FY 2025 filings availableAgro Solvent Products Pvt Ltd reported revenue of ₹62.88 Cr (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 44% fall in the latest year. EBITDA fell 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.13 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 8.2% | ||||
| 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 Solvent Products Pvt Ltd, buy the company report.
Board of directors of Agro Solvent Products Pvt Ltd
Agro Solvent Products has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Kothari | Director | 31 Aug 1993 | 33 Years 1 Months | Current |
| Suresh Kalra Also directs: Aspl Impex LLP | Managing Director | 26 May 1982 | 44 Years 4 Months | Current |
| Mahesh Kumar Malhotra | Director | 30 Nov 1989 | 36 Years 10 Months | Current |
Peer comparison
Agro Solvent Products Pvt Ltd is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tata Consumer Soulfull Private Limited | ₹65.81 Cr (FY 2023) | 85.0% | Kolkata, West Bengal, India | |||
| Agro Solvent Products Pvt Ltdthis company | ₹62.88 Cr (FY 2025) | ₹5.13 Cr | 8.2% | -44.0% | 106 | Gwalior, Madhya Pradesh, India |
| Achal Cashews Private Limited | ₹60.78 Cr (FY 2025) | 15.0% | Mangalore, Karnataka, India | |||
| Mahavir Coconut and Agro Products Private Limited | ₹59.57 Cr (FY 2025) | 26.0% | Tumkur, Karnataka, India |
To see the full peer comparison of Agro Solvent Products Pvt Ltd, buy the company report.
Auditor
Agro Solvent Products Pvt Ltd is audited by S.PRAKASH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.PRAKASH & CO. | FY 2023 | 000002C |
Shareholding
The shareholding of Agro Solvent Products Pvt Ltd 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 Agro Solvent Products Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2002 | 90205866 | State Bank of India | ₹4.9 Cr | Open | |
| 18 Oct 1986 | 90202339 | State Bank of India | ₹12 Lakh | Satisfied | |
| 17 Jan 1986 | 90206702 | State Bank of India | ₹6 Lakh | Satisfied | |
| 18 Apr 1985 | 90202258 | Madhya Pradesh Audyogic Vikas Nigam Ltd. | ₹11.25 Lakh | Satisfied | |
| 27 Dec 1984 | 90204514 | State Bank of India | ₹63.5 Lakh | Satisfied |
To see the full charge records of Agro Solvent Products Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Agro Solvent Products Pvt Ltd has 3 deals on record (3 secondary share transfers); the latest was in April 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Suresh Kalra HUF Seller: an individual |
| Apr 2008 | Secondary share transfer | Undisclosed | 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 Solvent Products Pvt Ltd has 36 court cases on record: 31 filed by Agro Solvent Products, 5 filed against it. 3 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 1 | 2 |
| Supreme Court | 4 | 3 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Pending |
| High Court of Madhya Pradesh | Court case (CONC) | Filed by the company against an individual | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Execution petition | Filed against the company by M/S Hindustan Vegetables Oils Corporation Ltd. | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh THR | Disposed |
To see the full case history of Agro Solvent Products Pvt Ltd, 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
Agro Solvent Products Pvt Ltd was last rated by Care on 24 Sep 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Sep 2018 |
To see the full credit ratings and regulatory alerts of Agro Solvent Products Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Agro Solvent Products Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Agro Solvent Products Pvt Ltd has a workforce of 106 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Agro Solvent Products has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCA7855L1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCA7855L3ZE | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AACCA7855L1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agro Solvent Products Pvt Ltd, buy the company report.
Recent activity
Agro Solvent Products Pvt Ltd has 6 board changes on record since 1982: 3 appointments and 3 cessations. The latest: Shyam Swaroop Shukla ceased to be Director on 31 Aug 2018.
14 earlier events are in the company report.
Frequently asked questions
Agro Solvent Products is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 26 May 1982 (44+ years old) and is registered under CIN U15141MP1982PTC001976.
Agro Solvent Products has 3 current directors:
- Suresh Kalra - Managing Director
- Jayant Kothari - Director
- Mahesh Kumar Malhotra - Director
The latest financial statements of Agro Solvent Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Agro Solvent Products is 23AACCA7855L1ZG, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 23AACCA7855L3ZE (Madhya Pradesh), 08AACCA7855L1Z8 (Rajasthan).
The CIN (Corporate Identification Number) of Agro Solvent Products is U15141MP1982PTC001976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agro Solvent Products has 36 court cases on record: 31 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Agro Solvent Products was incorporated on 26 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Gwalior.
Agro Solvent Products has 3 deals on record (3 secondary share transfers); the latest was in April 2013.
The peers of Agro Solvent Products by revenue are Tata Consumer Soulfull Private Limited, Achal Cashews Private Limited, Mahavir Coconut and Agro Products Private Limited, all in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products).
Shyam Swaroop Shukla ceased to be Director on 31 Aug 2018. Dharam Pal Khanna ceased to be Director on 10 Mar 2012. Shamit Kalra ceased to be Additional Director on 31 Mar 2011. Agro Solvent Products has 6 board changes on record in total.
Yes, Agro Solvent Products is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-20-0005128).