Ag-Vet Genetics Private Limited
About Ag-Vet Genetics Private Limited
Data last updated:
Ag-Vet Genetics Private Limited is a private limited company based in Baramati, Maharashtra, India, a subsidiary of Provet Genetics Private Limited. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 01 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U01200PN2012PTC142117. Its GSTIN is 27AAQCS9825E2ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.07 Cr. It was formerly known as Semex-Provet Genetics (India) Private Limited. It is led by directors Rishikesh Namdeo Dabhade and Sadashiv Lalaso Wabale.
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 Ft. N. 23 Tejpratik Apartment Tal. Baramati Dist. Pune Suryanagri B, Aramati, Maharashtra, India – 413102.
As per the financials filed for FY 2021, the company reported a revenue of ₹23.48 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹13.49 Lakh (net margin 57.5%) and EBITDA of ₹16.01 Lakh (EBITDA margin 68.2%). Revenue has declined at a compounded annual rate (CAGR) of 120% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹35 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ag-Vet Genetics Private Limited's registered office is in Baramati, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFt. N. 23 Tejpratik Apartment Tal. Baramati Dist. Pune Suryanagri B, Aramati, Maharashtra, India – 413102
- IndustryLife Sciences, Biotechnology
To see the full contact details of Ag-Vet Genetics 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
Financials of Ag-Vet Genetics Private Limited
FY 2024 filings availableAg-Vet Genetics Private Limited reported revenue of ₹23.48 Lakh (up 33% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 89% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.49 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.2% | ||||
| Net Profit Margin | 57.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Ag-Vet Genetics Private Limited, buy the company report.
Board of directors of Ag-Vet Genetics Private Limited
Ag-Vet Genetics has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishikesh Namdeo Dabhade | Director | 15 Apr 2020 | 6 Years 6 Months | Current |
| Sadashiv Lalaso Wabale Also directs: Ishanya Management Consulting LLP, Provet Genetics Private Limited, Ag-Vet Marketing Limited and 3 more | Director | 03 Mar 2018 | 8 Years 8 Months | Current |
Peer comparison
Ag-Vet Genetics Private Limited is compared with the 10 companies closest to it by revenue in the Biotechnology industry (Biotechnology), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| I2 Private Limited | ₹24.15 Lakh (FY 2025) | 78.0% | New Delhi, Delhi, India | |||
| Ista Life Care Private Limited | ₹23.81 Lakh (FY 2025) | 124.0% | Sangareddy, Telangana, India | |||
| PRR Biotech Innovations Private Limited | ₹23.8 Lakh (FY 2019) | -2.0% | Hyderabad, Telangana, India | |||
| Royal Life Sciences Private Limited | ₹23.6 Lakh (FY 2023) | -53.0% | Secunderabad, Telangana, India | |||
| MRD Lifesciences Private Limited | ₹23.53 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Ag-Vet Genetics Private Limitedthis company | ₹23.48 Lakh (FY 2021) | ₹13.49 Lakh | 57.5% | 33.0% | Baramati, Maharashtra, India | |
| Philanthrope Lifesciences Private Limited | ₹23.46 Lakh (FY 2025) | 1.0% | Patna, Bihar, India | |||
| Karthikeya Life Sciences Private Limited | ₹23.2 Lakh (FY 2025) | -6.0% | Ramachandrapuram, Telangana, India | |||
| Immugenix Biosciences Private Limited | ₹23.11 Lakh (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Tripureswari Bio-Tech Private Limited | ₹23.03 Lakh (FY 2025) | -59.0% | Jogendranagar, Tripura, India | |||
| Neomed Bioscience Private Limited | ₹22.95 Lakh (FY 2025) | -22.0% | Yerwada Pune, Maharashtra, India |
To see the full peer comparison of Ag-Vet Genetics Private Limited, buy the company report.
Auditor
Ag-Vet Genetics Private Limited is audited by A R KARMARKAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R KARMARKAR & CO | FY 2021 | 128779W |
Shareholding
The shareholding of Ag-Vet Genetics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ag-Vet Genetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2018 | 100284725 | Others | ₹35 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Ag-Vet Genetics Private Limited has 2 court cases on record: 1 filed by Ag-Vet Genetics, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court III | Tribunal matter | Filed against the company by Registrar of Companies Pune | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ag-Vet Genetics 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 Ag-Vet Genetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ag-Vet Genetics has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Ag-Vet Genetics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS9825E2ZS | Maharashtra | Active | 14 Jul 2020 |
To see the full GST registrations and return filing status of Ag-Vet Genetics Private Limited, buy the company report.
Recent activity
Ag-Vet Genetics Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Rishikesh Namdeo Dabhade ceased to be Additional Director on 17 Sep 2020.
2 earlier events are in the company report.
Frequently asked questions
Ag-Vet Genetics is an active private limited company based in Baramati, Maharashtra, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 01 February 2012 (14+ years old) and is registered under CIN U01200PN2012PTC142117.
Ag-Vet Genetics has 2 current directors:
- Rishikesh Namdeo Dabhade - Director
- Sadashiv Lalaso Wabale - Director
The latest financial statements of Ag-Vet Genetics 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 2015 are in the company report.
The GSTIN of Ag-Vet Genetics is 27AAQCS9825E2ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ag-Vet Genetics is U01200PN2012PTC142117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ag-Vet Genetics has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.
Ag-Vet Genetics was incorporated on 01 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ag-Vet Genetics by revenue are I2 Private Limited, Ista Life Care Private Limited, PRR Biotech Innovations Private Limited, Royal Life Sciences Private Limited, MRD Lifesciences Private Limited and 5 more, all in the Biotechnology industry (Biotechnology).
Rishikesh Namdeo Dabhade ceased to be Additional Director on 17 Sep 2020. Rishikesh Namdeo Dabhade was appointed as Director on 15 Apr 2020. Subhash Jagannath Gulve ceased to be Director on 15 Apr 2020. Ag-Vet Genetics has 10 board changes on record in total.
The registered office of Ag-Vet Genetics is at Ft. N. 23 Tejpratik Apartment Tal. Baramati Dist. Pune Suryanagri B, Aramati, Maharashtra, India – 413102.
Ag-Vet Genetics operates in the life sciences industry, in the biotechnology segment.
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