India's Richest People 2026 edition · 1 director · Source: Hurun India
- #376 Vijay Agarwal & family ₹9,900 Cr
Asia Greens Ltd
Asia Greens Ltd - agriculture in Chandigarh, India. FY 2026 financials & compliance.
Active Public Limited Company agriculture
Revenue · FY 2025
₹30.75 Lakh
▼ 32% YoY
Net profit · FY 2025
₹3.98 Lakh
Net margin 12.9%
EBITDA · FY 2025
₹3.98 Lakh
EBITDA margin 12.9%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹9.9 Cr
Issued & subscribed
Open charges
₹7.25 Cr
Satisfied ₹18 Cr
Company age
31 yrs
Est. 1995
Directors on board
5
As per MCA filings
About Asia Greens Ltd
Data last updated:
Asia Greens Ltd is a public limited company based in Chandigarh, India, a subsidiary of Asia Resorts Limited. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 06 January 1995 and has been in existence for over 31 years.
Its director Vijay Agarwal and family are #376 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U01122CH1995PLC015584.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.9 Cr. It is led by directors including Akash Garg (Managing Director) and Akarsh Garg (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 174 Industrial Area Phase II Chandigarh, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.75 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.98 Lakh (net margin 12.9%) and EBITDA of ₹3.98 Lakh (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹7.25 Cr and satisfied charges of ₹18 Cr on record. Court records list 16 cases involving the company, including 7 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01122CH1995PLC015584
Registration Number 015584
Incorporation Date 06 January 1995
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Asia Resorts Limited
Compliance Status Active Compliant
CIN history
Asia Greens has one previous CIN (Corporate Identification Number): L01122CH1995PLC015584. The current CIN is U01122CH1995PLC015584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01122CH1995PLC015584 | Current |
| L01122CH1995PLC015584 | Previous |
Recognitions & Rankings of Asia Greens
Contact details
Asia Greens Ltd's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 174 Industrial Area Phase II Chandigarh, Chandigarh, India – 160002
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Asia Greens Ltd, buy the company report.
Comprehensive company report
Asia Greens Ltd - 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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Business activity
The main business activity of Asia Greens is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Asia Greens Ltd, buy the company report.
Financials of Asia Greens Ltd
FY 2025 filings availableAsia Greens Ltd reported revenue of ₹30.75 Lakh (down 32% YoY) for FY 2025.
Revenue · FY 2025
₹30.75 Lakh ▼ 32%
Net profit · FY 2025
₹3.98 Lakh margin 12.9%
EBITDA · FY 2025
₹3.98 Lakh margin 12.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 15%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 44%
5 years · compounded
▼ 12%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 73% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.98 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 12.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Asia Greens Ltd, buy the company report.
Board of directors of Asia Greens Ltd
Asia Greens has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Garg Also directs: Asia Resorts Limited, Winsome Textile Industries Limited | Managing Director | 06 Jan 1995 | 31 Years 9 Months | Current |
| Vijay Agarwal Also directs: Action Construction Equipment Limited, Ace Kato Private Limited, Asia Resorts Limited and 3 more | Director | 26 Apr 2021 | 5 Years 6 Months | Current |
| Akarsh Garg Also directs: Asia Resorts Limited, Asia Consolidated Private Limited | Whole-Time Director | 26 Apr 2021 | 5 Years 6 Months | Current |
| Surbhi Garg Also directs: Action Construction Equipment Limited, Asia Resorts Limited, VMS Equipment Private Limited and 3 more | Director | 26 Apr 2021 | 5 Years 6 Months | Current |
| Rajiv Kapil Also directs: Asia Resorts Limited, Coronis Estate Developers LLP | Director | 13 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
Asia Greens Ltd is compared with the 3 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (production of crops and animals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharteshwar Agro Producer Company Limited | ₹30.75 Lakh (FY 2025) | 40.0% | Parbhani, Maharashtra, India | |||
| Asia Greens Ltdthis company | ₹30.75 Lakh (FY 2025) | ₹3.98 Lakh | 12.9% | -32.0% | Chandigarh, India | |
| Dariyapur Swastik Farmer Producer Company Limited | ₹30.75 Lakh (FY 2025) | 675.0% | Saran, Bihar, India | |||
| Peraiyur Farmers Producer Company Limited | ₹30.68 Lakh (FY 2025) | -7.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Asia Greens Ltd, buy the company report.
Auditor
Asia Greens Ltd is audited by KUNAL GARG & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUNAL GARG & ASSOCIATES | FY 2022 | 032384N |
Shareholding
The shareholding of Asia Greens Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asia Greens Ltd, buy the company report.
Charges & borrowings
Open charges
₹7.25 Cr
Satisfied charges
₹18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2019 | 100259606 | Others | ₹7.25 Cr | Open | |
| 09 Jan 2012 | 10333745 | Corporation Bank | ₹2 Cr | Satisfied | |
| 29 Mar 2011 | 10278049 | Corporation Bank | ₹16 Cr | Satisfied |
To see the full charge records of Asia Greens Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Asia Greens Ltd has 16 court cases on record: 7 filed by Asia Greens, 9 filed against it. 2 cases are pending and 14 are disposed.
Total cases
16
Filed by the company
7
Filed against the company
9
Pending
2
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 6 | 2 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Civil miscellaneous application | Filed against the company by an individual | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
| High Court, CHANDIGARH (UT) | Revision petition | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Court case (MCA DJ) | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Disposed |
To see the full case history of Asia Greens 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asia Greens Ltd; 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 Asia Greens Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asia Greens Ltd has 14 board changes on record since 1995: 5 appointments and 9 cessations. The latest: Rajiv Kapil ceased to be CFO on 15 Mar 2023.
AGM
Asia Greens Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Asia Greens Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Rajiv Kapil ceased to be CFO.
Ceased
Akarsh Garg ceased to be Additional Director.
Ceased
Akash Garg ceased to be Whole-Time Director.
Ceased
Surbhi Garg ceased to be Additional Director.
Ceased
Vijay Agarwal ceased to be Additional Director.
Appointed
Akarsh Garg was appointed as Whole-Time Director.
Ceased
Nainee Garg ceased to be Director.
Appointed
Surbhi Garg was appointed as Director.
Ceased
Swarn Garg ceased to be Director.
Appointed
Vijay Agarwal was appointed as Director.
10 earlier events are in the company report.
Frequently asked questions
Asia Greens is an active public limited company based in Chandigarh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 06 January 1995 (31+ years old) and is registered under CIN U01122CH1995PLC015584.
Asia Greens has 5 current directors:
- Akash Garg - Managing Director
- Akarsh Garg - Whole-Time Director
- Vijay Agarwal - Director
- Surbhi Garg - Director
- Rajiv Kapil - Director
The latest financial statements of Asia Greens on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asia Greens is U01122CH1995PLC015584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asia Greens has 16 court cases on record: 7 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
Asia Greens was incorporated on 06 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Asia Greens by revenue are Bharteshwar Agro Producer Company Limited, Dariyapur Swastik Farmer Producer Company Limited, Peraiyur Farmers Producer Company Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (production of crops and animals).
Rajiv Kapil ceased to be CFO on 15 Mar 2023. Akarsh Garg ceased to be Additional Director on 09 Aug 2021. Akash Garg ceased to be Whole-Time Director on 09 Aug 2021. Asia Greens has 14 board changes on record in total.
The registered office of Asia Greens is at Plot No. 174 Industrial Area Phase II Chandigarh, Chandigarh, India – 160002.
Asia Greens operates in the agriculture industry, in the agro retail and distribution segment.
Asia Greens has open charges of ₹7.25 Cr and satisfied charges of ₹18 Cr as per latest MCA filings.
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