
Avisa Biotech Private Limited
About Avisa Biotech Private Limited
Data last updated:
Avisa Biotech Private Limited is a private limited company based in Virar West, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24305MH2016PTC285705. Its GSTIN is 27AAPCA9369L1ZQ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravindra Shriram Adgulwar (Managing Director) and Seshagiri Raghukumar.
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 Zoo Park, Virar West, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.11 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹8.3 Lakh (net margin 3.9%) and EBITDA of ₹13.95 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avisa Biotech Private Limited's registered office is in Virar West, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 601 Building No. 12 G Avenue Rustomjee Evershine Global City Near Ya, Zoo Park, Virar West, Maharashtra, India – 401303
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Avisa Biotech 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 Avisa Biotech is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Avisa Biotech Private Limited, buy the company report.
Financials of Avisa Biotech Private Limited
FY 2024 filings availableAvisa Biotech Private Limited reported revenue of ₹2.11 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA fell 63% 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 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 | ₹13.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.3 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Avisa Biotech Private Limited, buy the company report.
Board of directors of Avisa Biotech Private Limited
Avisa Biotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Shriram Adgulwar Also directs: Ravindra Adgulwar LLP | Managing Director | 08 Sep 2016 | 10 Years 1 Months | Current |
| Seshagiri Raghukumar Also directs: Seshagiri Raghukumar LLP, Myko Tech Private Limited | Additional Director | 02 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Avisa Biotech Private Limited is audited by ANAND R CHANDAK & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND R CHANDAK & CO | FY 2021 | 134633W |
Shareholding
The shareholding of Avisa Biotech 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 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avisa Biotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avisa Biotech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avisa Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avisa Biotech has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA9369L1ZQ | Maharashtra | Active | 03 Jul 2018 |
| 32AAPCA9369L1ZZ | Kerala | Active | 29 Jun 2020 |
To see the full GST registrations and return filing status of Avisa Biotech Private Limited, buy the company report.
Recent activity
Avisa Biotech Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Abraham Tharakan Michael ceased to be Director on 02 Dec 2024.
Frequently asked questions
Avisa Biotech is an active private limited company based in Virar West, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 September 2016 (10+ years old) and is registered under CIN U24305MH2016PTC285705.
Avisa Biotech has 2 current directors:
- Ravindra Shriram Adgulwar - Managing Director
- Seshagiri Raghukumar - Additional Director
The latest financial statements of Avisa Biotech 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 FY 2017 are in the company report.
The GSTIN of Avisa Biotech is 27AAPCA9369L1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAPCA9369L1ZZ (Kerala).
The CIN (Corporate Identification Number) of Avisa Biotech is U24305MH2016PTC285705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avisa Biotech was incorporated on 08 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Abraham Tharakan Michael ceased to be Director on 02 Dec 2024. Seshagiri Raghukumar was appointed as Additional Director on 02 Dec 2024. Ravindra Shriram Adgulwar ceased to be Director on 18 Jun 2019. Avisa Biotech has 4 board changes on record in total.
The registered office of Avisa Biotech is at Flat No. 601 Building No. 12 G Avenue Rustomjee Evershine Global City Near Ya, Zoo Park, Virar West, Maharashtra, India – 401303.
Avisa Biotech operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Avisa Biotech is compliant as of 26 August 2026. The company is actively filing with the Registrar of Companies.