Alphatone Multitrade Limited
About Alphatone Multitrade Limited
Data last updated:
Alphatone Multitrade Limited is a public limited company based in Ahmadabad City, Gujarat, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 27 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01100GJ2019PLC111052. Its GSTIN is 24AASCA9819Q1ZO (Gujarat).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹8.5 Cr. It is led by directors including Mahesh Odedra Alabhai (Managing Director) and Hiren Rambhai Odedra.
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 Ahmadabad City, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹154.85 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹65.74 Lakh (net margin 0.4%) and EBITDA of ₹1.52 Cr (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
As per MCA filings, the company has open charges of ₹14.9 Cr and satisfied charges of ₹9.75 Cr on record. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in July 2024. Its 10 peer companies in the same principal business activity (Wholesale Trading) are compared by revenue, 5 larger and 5 smaller; the largest is Kodco Energy India Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered Address3rd Floor Sundaram Complex, Opp Haresh Dudhiya Ahemdabad District Cooperative Bank, Ahmadabad City, Gujarat, India – 380052
- IndustryAgriculture, Agri Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Alphatone Multitrade Limited
The main business activity of Alphatone Multitrade is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Alphatone Multitrade Limited FY 2024 filings available
Alphatone Multitrade Limited reported revenue of ₹154.85 Cr (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Alphatone Multitrade Limited
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 80% fall in the latest year. EBITDA fell 34% 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 of Alphatone Multitrade Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹65.74 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 of Alphatone Multitrade Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Alphatone Multitrade are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Alphatone Multitrade Limited
Alphatone Multitrade Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kodco Energy India Private Limited | •••• | •••• | •••• | •••• | - | Puthiyara Post Calicut, Kerala, India |
| India Book Distributors (Bombay) Limited | •••• | •••• | •••• | •••• | 24 | Mumbai, Maharashtra, India |
| Jain & Co Agrocomm Private Limited | •••• | •••• | •••• | •••• | - | Ashok Nagar, Madhya Pradesh, India |
| L N Associates Private Limited | •••• | •••• | •••• | •••• | - | Berhampur, Orissa, India |
| Procureyard Technology Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Alphatone Multitrade Limited this company | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Padmasri Paper Boards Private Limited | •••• | •••• | •••• | •••• | 11 | Sivakasi, Tamil Nadu, India |
| Tresara Health Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Prince Food Tech Pvt Ltd | •••• | •••• | •••• | •••• | - | Panchkula, Haryana, India |
| Euro Fruits Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ace Landcon Private Limited | •••• | •••• | •••• | •••• | - | Hisar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Alphatone Multitrade by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Alphatone Multitrade Limited
Alphatone Multitrade Limited is audited by ANITA CHOUDHARI & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANITA CHOUDHARI & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Alphatone Multitrade Limited
Alphatone Multitrade has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Rambhai Odedra | Director | 04 Nov 2023 | 2 Years 11 Months | Current |
| Ruchit Mehta Also directs: Sej Real Estate Private Limited, 11Th Boulevard Films LLP, Starsource Multitrade Limited and 3 more | Director | 02 Sep 2024 | 2 Years 1 Months | Current |
| Mahesh Odedra Alabhai Also directs: Sej Real Estate Private Limited, Cargo Harbour Exim Private Limited, Axat Technologies Private Limited and 1 more | Managing Director | 21 Jun 2022 | 4 Years 3 Months | Current |
Ownership and Shareholding of Alphatone Multitrade Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Alphatone Multitrade Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2025 | Canara Bank | ₹12 Cr | Open |
| 19 Nov 2022 | Others | ₹2.9 Cr | Open |
| 29 Aug 2023 | State Bank of India | ₹9.75 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Alphatone Multitrade Limited
Alphatone Multitrade Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in July 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Rights issue | ₹3.38 Cr | Investors: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2022 | Rights issue | ₹4.99 Cr | Investors: 2 individuals |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Alphatone Multitrade Limited
Employment history and EPFO contributions of people linked to Alphatone Multitrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Alphatone Multitrade Limited
Alphatone Multitrade has one previous CIN (Corporate Identification Number): U01100GJ2019PTC111052. The current CIN is U01100GJ2019PLC111052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100GJ2019PLC111052 | Current |
| U01100GJ2019PTC111052 | Previous |
Recent Activity on Alphatone Multitrade Limited
Alphatone Multitrade Limited has 11 board changes on record since 2020: 3 appointments and 8 cessations. The latest: Ruchit Mehta ceased to be Additional Director on 29 Sep 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Alphatone Multitrade Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Alphatone Multitrade Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Alphatone Multitrade Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Alphatone Multitrade Limited
Alphatone Multitrade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCA9819Q1ZO | Gujarat | Active | 14 Jun 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Alphatone Multitrade Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Alphatone Multitrade Limited
Alphatone Multitrade is an active public limited company based in Ahmadabad City, Gujarat, India. The company works in agri support services, within the agriculture industry. It was incorporated on 27 November 2019 (7+ years old) and is registered under CIN U01100GJ2019PLC111052.
Alphatone Multitrade reported revenue of ₹154.85 Cr for FY 2024 (down 80% YoY).
Alphatone Multitrade has 3 current directors:
- Mahesh Odedra Alabhai - Managing Director
- Hiren Rambhai Odedra - Director
- Ruchit Mehta - Director
Alphatone Multitrade reported a net profit of ₹65.74 Lakh (net margin 0.4%) and EBITDA of ₹1.52 Cr (EBITDA margin 1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alphatone Multitrade is -37% over three years. In the latest year (FY 2024) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alphatone Multitrade is 24AASCA9819Q1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Alphatone Multitrade is U01100GJ2019PLC111052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alphatone Multitrade was incorporated on 27 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alphatone Multitrade has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in July 2024.
The peers of Alphatone Multitrade by revenue are Kodco Energy India Private Limited, India Book Distributors (Bombay) Limited, Jain & Co Agrocomm Private Limited, L N Associates Private Limited, Procureyard Technology Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Ruchit Mehta ceased to be Additional Director on 29 Sep 2024. Ruchit Mehta was appointed as Director on 02 Sep 2024. Hiren Rambhai Odedra ceased to be Additional Director on 13 Mar 2024. Alphatone Multitrade has 11 board changes on record in total.