- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-22-0011409

Altanol Technologies Private Limited
About Altanol Technologies Private Limited
Data last updated:
Altanol Technologies Private Limited is a private limited company based in Nanjanagudu, Karnataka, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 27 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2013PTC068296. Its GSTIN is 29AALCA4889R1ZF (Karnataka).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.35 Cr. It is led by directors including Sanjeev Satish and Narayanaswamy Satish.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No.44 – P First Cross Road KIADB Industrial Area Nanjanagudu, Karnataka, India – 571302.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.44 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 4.5%) and EBITDA of ₹1.73 Lakh (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 27% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
Altanol Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0011409). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Altanol Technologies
Contact details
Altanol Technologies Private Limited's registered office is in Nanjanagudu, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.44 – P First Cross Road KIADB Industrial Area Nanjanagudu, Karnataka, India – 571302
- IndustryAgriculture, Fertilizers & Soil Enhancers, Crop Protection
To see the full contact details of Altanol Technologies 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
Business activity
The main business activity of Altanol Technologies is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Altanol Technologies Private Limited, buy the company report.
Financials of Altanol Technologies Private Limited
FY 2023 filings availableAltanol Technologies Private Limited reported revenue of ₹25.44 Lakh (down 49% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 49% fall in the latest year. EBITDA fell 28% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 Altanol Technologies Private Limited, buy the company report.
Board of directors of Altanol Technologies Private Limited
Altanol Technologies has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Satish | Director | 18 Jan 2024 | 2 Years 9 Months | Current |
| Narayanaswamy Satish | Director | 27 Mar 2013 | 13 Years 6 Months | Current |
| Satish Suhas | Director | 29 May 2023 | 3 Years 4 Months | Current |
| Ashok Kumar Para | Director | 01 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Altanol Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Modern Chemicals (Orissa) Pvt Ltd | ₹25.66 Lakh (FY 2025) | 5.0% | Khordha, Odisha, India | |||
| Altanol Technologies Private Limitedthis company | ₹25.44 Lakh (FY 2023) | ₹1.15 Lakh | 4.5% | -49.0% | 3 | Nanjanagudu, Karnataka, India |
| Sonagro Organic Private Limited | ₹25.13 Lakh (FY 2024) | -13.0% | Nagpur, Maharashtra, India | |||
| Verdan Vital Inputs Private Limited | ₹25.09 Lakh (FY 2025) | -85.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Altanol Technologies Private Limited, buy the company report.
Auditor
Altanol Technologies Private Limited is audited by JAGANNATH H R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGANNATH H R & CO | FY 2021 | 007541S |
Shareholding
The shareholding of Altanol Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Altanol Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2015 | 10574487 | Karnataka State Financial Corporation | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Altanol Technologies Private Limited has 6 court cases on record: 1 filed by Altanol Technologies, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, CHAMRAJNAGAR, Karnataka | Civil suit | Filed against the company by Syndicate Bank | Disposed |
| District court, East, Delhi | Cheque dishonour complaint | Filed against the company by Ms Ashi Organics India | Pending |
| District court, Akola, Maharashtra | Civil suit | Filed against the company by Joshi Agrochem Pharma Pvt Lid | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Altanol Technologies 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 Altanol Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Altanol Technologies Private Limited has a workforce of 3 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Altanol Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA4889R1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Altanol Technologies Private Limited, buy the company report.
Recent activity
Altanol Technologies Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Sanjeev Satish was appointed as Director on 18 Jan 2024.
Frequently asked questions
Altanol Technologies is an active private limited company based in Nanjanagudu, Karnataka, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 27 March 2013 (13+ years old) and is registered under CIN U74999KA2013PTC068296.
Altanol Technologies has 4 current directors:
- Sanjeev Satish - Director
- Narayanaswamy Satish - Director
- Satish Suhas - Director
- Ashok Kumar Para - Director
The latest financial statements of Altanol Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Altanol Technologies is 29AALCA4889R1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Altanol Technologies is U74999KA2013PTC068296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altanol Technologies has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending.
Altanol Technologies was incorporated on 27 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Altanol Technologies by revenue are Modern Chemicals (Orissa) Pvt Ltd, Sonagro Organic Private Limited, Verdan Vital Inputs Private Limited, all in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sanjeev Satish was appointed as Director on 18 Jan 2024. Satish Suhas ceased to be Additional Director on 29 Dec 2023. Satish Suhas was appointed as Director on 29 May 2023. Altanol Technologies has 7 board changes on record in total.
Yes, Altanol Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0011409).
The registered office of Altanol Technologies is at Plot No.44 – P First Cross Road KIADB Industrial Area Nanjanagudu, Karnataka, India – 571302.