Agromax Industries Private Limited

Agromax Industries Private Limited - business outsourcing in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U24233MH2011PTC223901 Incorporated 14 November 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Private Limited Company business outsourcing
Data last updated
Revenue · FY 2023
₹19.3 Lakh
▼ 2% YoY
Net profit · FY 2023
₹28,226
Net margin 1.5%
EBITDA · FY 2023
₹42,145
EBITDA margin 2.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Agromax Industries Private Limited

Data last updated:

Agromax Industries Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 November 2011.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2011PTC223901.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was led by directors Gunjan Agrawal and Pawan Agrawal.

Its last annual general meeting (AGM) was held on 05 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Shop No.54 Shyam Kamal C Agrawal Market Ville Parle(E), Mumbai, Maharashtra, India – 400057.

As per the financials filed for FY 2023, the company reported a revenue of ₹19.3 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹28,226 (net margin 1.5%) and EBITDA of ₹42,145 (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 2% over five years.

Company details

CIN U24233MH2011PTC223901
Registration Number 223901
Incorporation Date 14 November 2011
ROC Mumbai
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 05 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Agromax Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shop No.54 Shyam Kamal C Agrawal Market Ville Parle(E), Mumbai, Maharashtra, India – 400057
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Agromax Industries Private Limited, buy the company report.

Comprehensive company report
Agromax 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 Agromax Industries Private Limited

FY 2024 filings available

Agromax Industries Private Limited reported revenue of ₹19.3 Lakh (down 2% YoY) for FY 2023.

Revenue · FY 2023
₹19.3 Lakh ▼ 2%
Net profit · FY 2023
₹28,226 margin 1.5%
EBITDA · FY 2023
₹42,145 margin 2.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 37%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 86%
3 years · compounded
▲ 26%
5 years · compounded
▼ 24%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 86% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹19.3 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹42,145
Profit Before Tax
Tax Expense
Net Profit (PAT)₹28,226
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2.2%
Net Profit Margin1.5%
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 Agromax Industries Private Limited, buy the company report.

Board of directors of Agromax Industries Private Limited

Agromax Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Gunjan AgrawalDirector14 Nov 201114 Years 11 MonthsAs last reported
Pawan AgrawalDirector17 Dec 20205 Years 10 MonthsAs last reported

Peer comparison

Agromax Industries Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dial4 Career (I) Private Limited₹19.35 Lakh (FY 2018)93.0%Chennai, Tamil Nadu, India
Growance Corporate Services Private Limited₹19.31 Lakh (FY 2025)-94.0%Bengaluru, Karnataka, India
Expound India Private Limited₹19.31 Lakh (FY 2025)29.0%New Delhi, Delhi, India
Agromax Industries Private Limitedthis company₹19.3 Lakh (FY 2023)₹28,2261.5%-2.0%Mumbai, Maharashtra, India
Prerna Staffing Solutions Private Limited₹19.29 Lakh (FY 2025)-16.0%Delhi, India

To see the full peer comparison of Agromax Industries Private Limited, buy the company report.

Auditor

Agromax Industries Private Limited is audited by AGRAWAL KANHERE ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AGRAWAL KANHERE ASSOCIATESFY 2023008165C

Shareholding

The shareholding of Agromax Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Agromax Industries Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Agromax Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Agromax Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Agromax Industries Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Jeewan Lal Malviya ceased to be Additional Director on 17 Dec 2020.

AGM
Agromax Industries Private Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.
Filing
Agromax Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Jeewan Lal Malviya ceased to be Additional Director.
Appointed
Pawan Agrawal was appointed as Director.
Ceased
Sunil Mishra ceased to be Additional Director.
Ceased
Yogendra Kumar Dubey ceased to be Director.
Ceased
Pawan Agrawal ceased to be Director.
Appointed
Gunjan Agrawal was appointed as Director.
Incorporation
14 Nov 2011
Agromax Industries Private Limited was registered on 14 Nov 2011 with Roc Mumbai & aged 14 years 11 months as per MCA records.

Frequently asked questions

Agromax Industries has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Agromax Industries was a private limited company based in Mumbai, Maharashtra, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 November 2011 and is registered under CIN U24233MH2011PTC223901. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Agromax Industries is U24233MH2011PTC223901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Agromax Industries had 2 directors:

Agromax Industries was incorporated on 14 November 2011. It is registered with the Registrar of Companies, Mumbai.

The registered office of Agromax Industries is at Shop No.54 Shyam Kamal C Agrawal Market Ville ParleE, Mumbai, Maharashtra, India – 400057.

The latest financial statements of Agromax Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 August 2024. Year-wise statements from 2015 are in the company report.

Agromax Industries operated in the business outsourcing industry, in the HR outsourcing and talent management segment.

The peers of Agromax Industries by revenue are Dial4 Career (I) Private Limited, Growance Corporate Services Private Limited, Expound India Private Limited, Prerna Staffing Solutions Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations).

Jeewan Lal Malviya ceased to be Additional Director on 17 Dec 2020. Pawan Agrawal was appointed as Director on 17 Dec 2020. Sunil Mishra ceased to be Additional Director on 17 Jul 2020. Agromax Industries has 6 board changes on record in total.

The compliance status of Agromax Industries is compliant as of 20 September 2026.