About Avi Agri Business Limited
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Avi Agri Business Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 23 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15311MP2009PTC021753. Its GSTIN is 23AAHCA6168M1ZD (Madhya Pradesh). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.37 Cr. It was formerly known as Avi Agri Business Private Limited. It is led by directors including Mahendra Lakhichand Jalori (Whole-Time Director) and Radheshyam Khemka (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Saket Tower 4th Floor 3A Ratlam Kothi Indore (Mp), Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,459.66 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹28.28 Cr (net margin 1.1%) and EBITDA of ₹66.37 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 23% over five years.
The company has about 355 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avi Agri. As per MCA filings, the company has open charges of ₹247.53 Cr and satisfied charges of ₹318.5 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 3 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹27.2 Cr; the latest was in February 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avgroup.co.
Company details
Name history
Avi Agri Business has undergone 2 name changes throughout its history. The company was previously known as Avi Agri Business Private Limited, and Avi Agri Business Limited. The current legal name is Avi Agri Business Limited.
| Company Name | Status |
|---|---|
| Avi Agri Business Limited | Current |
| Avi Agri Business Private Limited | Previous |
CIN history
Avi Agri Business has one previous CIN (Corporate Identification Number): U15311MP2009PLC021753. The current CIN is U15311MP2009PTC021753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15311MP2009PTC021753 | Current |
| U15311MP2009PLC021753 | Previous |
Contact details
Avi Agri Business Limited's registered office is in Indore, Madhya Pradesh. Its website is avgroup.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSaket Tower 4th Floor 3A Ratlam Kothi Indore (Mp), Madhya Pradesh, India – 452001
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Avi Agri Business 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
Brands
Avi Agri Business operates one associated brand: Avi Agri. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agricultural commodities including soya products are manufactured and traded. | aviagri.com |
Business activity
The main business activity of Avi Agri Business is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Avi Agri Business Limited, buy the company report.
Financials of Avi Agri Business Limited
FY 2025 filings availableAvi Agri Business Limited reported revenue of ₹2,459.66 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 36% growth 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 | |||||
| Total Revenue | ₹2,459.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.28 Cr | ||||
| 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 | 2.7% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Avi Agri Business Limited, buy the company report.
Board of directors and KMP of Avi Agri Business Limited
Avi Agri Business Limited currently reports 5 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Vyas Also directs: Suraj Impex (India) Private Limited | Director | 23 Mar 2009 | 17 Years 7 Months | Current |
| Divya Taparia Also directs: Apr Constructions Limited | Director | 10 Sep 2021 | 5 Years 2 Months | Current |
| Ruchi Barche Also directs: Avtar Steel Limited, JSW Vayu (Godavari) Private Limited | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Mahendra Lakhichand Jalori Also directs: Rajshree Power and Ispat Private Limited | Whole-Time Director | 24 Mar 2009 | 17 Years 7 Months | Current |
| Radheshyam Khemka | Whole-Time Director | 08 Feb 2018 | 8 Years 9 Months | Current |
| Priya Chhabra | Company Secretary | 28 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Avi Agri Business Limited is audited by Smak & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Smak & Co. | FY 2023 | 020120C |
Shareholding
The shareholding of Avi Agri Business Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avi Agri Business Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2021 | 100413497 | Others | ₹4.03 Cr | Open | |
| 30 Dec 2020 | 100404655 | Others | ₹19.5 Cr | Open | |
| 31 Oct 2009 | 10186216 | Others | ₹224 Cr | Open | |
| 24 Feb 2023 | 100684312 | Others | ₹15 Cr | Satisfied | |
| 10 Jan 2023 | 100672176 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Avi Agri Business Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Avi Agri Business Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹27.2 Cr; the latest was in February 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Excel Agri Business Private Limited Seller: V. K. Jain HUF |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: V. K. Jain HUF Seller: Koyna Enterprises Private Limited |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Koyna Enterprises Private Limited |
| Mar 2012 | Funding round | ₹8.7 Cr | Investors: Navlakha Agrex Private Limited , Excel Agri Business Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Excel Agri Business Private Limited , Koyna Enterprises Private Limited Seller: Navlakha Agrex Private Limited , Excel Agri Business Private Limited , Olympus Vision Private Limited |
To see the full deal history of Avi Agri Business Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avi Agri Business Limited has 11 court cases on record: 7 filed by Avi Agri Business, 4 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 3 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ujjain, Madhya Pradesh | Court case (MJC AV) | Filed by the company against M.P. Shasan Through Collector Ujjain | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against individuals | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (0427-Indirect Taxes Matters : Import/Export Policy) | Filed against the company by Union of India Secretary M/O Commerce and Industry Deptt. of Commerce, Udyog Bhavan North Block , District: New Delhi ,New Delhi , Delhi | Disposed |
| District court, Indore, Madhya Pradesh | Court case (UN CIV) | Filed against the company by an individual | Disposed |
To see the full case history of Avi Agri Business 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.
Credit ratings & regulatory alerts
Avi Agri Business Limited was last rated by Brickwork on 14 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 14 Oct 2021 |
To see the full credit ratings and regulatory alerts of Avi Agri Business Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avi Agri Business Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avi Agri Business Limited has a workforce of 355 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 355 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Avi Agri Business Limited, buy the company report.
GST
Avi Agri Business has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCA6168M1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAHCA6168M2ZC | Madhya Pradesh | Active | 21 Mar 2025 |
| 24AAHCA6168M1ZB | Gujarat | Active | 11 Oct 2017 |
| 27AAHCA6168M1Z5 | Maharashtra | Active | 20 Jul 2021 |
To see the full GST registrations and return filing status of Avi Agri Business Limited, buy the company report.
Recent activity
Avi Agri Business Limited has 20 board changes on record since 2009: 13 appointments and 7 cessations. The latest: Divya Taparia was appointed as Director on 10 Sep 2021.
37 earlier events are in the company report.
Frequently asked questions
Avi Agri Business is an active public limited company based in Indore, Madhya Pradesh, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 23 March 2009 (17+ years old) and is registered under CIN U15311MP2009PTC021753.
Avi Agri Business has 6 current directors and KMP:
- Mahendra Lakhichand Jalori - Whole-Time Director
- Radheshyam Khemka - Whole-Time Director
- Praveen Kumar Vyas - Director
- Divya Taparia - Director
- Ruchi Barche - Director
- Priya Chhabra - Company Secretary
The latest financial statements of Avi Agri Business on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avi Agri Business is 23AAHCA6168M1ZD, registered in Madhya Pradesh. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 23AAHCA6168M2ZC (Madhya Pradesh), 24AAHCA6168M1ZB (Gujarat), 27AAHCA6168M1Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Avi Agri Business is U15311MP2009PTC021753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avi Agri Business has 11 court cases on record: 7 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Avi Agri Business was incorporated on 23 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Avi Agri Business has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹27.2 Cr; the latest was in February 2018.
Divya Taparia was appointed as Director on 10 Sep 2021. Surabhi Agrawal ceased to be Director on 10 Sep 2021. Hari Prasad Sarda ceased to be Director on 09 Jul 2020. Avi Agri Business has 20 board changes on record in total.
Avi Agri Business can be reached through the website avgroup.co. Its registered office is in Indore, Madhya Pradesh, India.
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