Avnish Agro-Engineering Clusters Association

Avnish Agro-Engineering Clusters Association - education in Latur, Maharashtra, India. FY 2026 financials & compliance.
CIN U29253MH2016NPL271803 Incorporated 07 January 2016 ROC Nagpur HQ Latur, Maharashtra, India
Active Private Not For Profit Company education
Data last updated
Revenue · FY 2023
₹84.74 Lakh
▲ 7% YoY
Net profit · FY 2023
₹1.51 Lakh
Net margin 1.8%
EBITDA · FY 2023
₹30.74 Lakh
EBITDA margin 36.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹63.01 Lakh
Issued & subscribed
Open charges
₹1.75 Cr
Satisfied ₹67.56 Lakh
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings

About Avnish Agro-Engineering Clusters Association

Data last updated:

Avnish Agro-Engineering Clusters Association is a private not for profit company based in Latur, Maharashtra, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 07 January 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U29253MH2016NPL271803. Its GSTIN is 27AAOCA0688H1ZC (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹63.01 Lakh. It is led by directors including Sudhir Udhavarao Dhuttekar and Sarang Pramodrao Alandkar.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Shri Sanjay Uddhavrao Kulkarni Shyam Nagar, Latur, Maharashtra, India – 413512.

As per the financials filed for FY 2023, the company reported a revenue of ₹84.74 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Lakh (net margin 1.8%) and EBITDA of ₹30.74 Lakh (EBITDA margin 36.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.

As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹67.56 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29253MH2016NPL271803
Registration Number 271803
Incorporation Date 07 January 2016
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

Contact details

Avnish Agro-Engineering Clusters Association's registered office is in Latur, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C/O Shri Sanjay Uddhavrao Kulkarni Shyam Nagar, Latur, Maharashtra, India – 413512
  • Industry
    Education, Vocational & Skill Development Training

To see the full contact details of Avnish Agro-Engineering Clusters Association, buy the company report.

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  • 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 Avnish Agro-Engineering Clusters Association is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Avnish Agro-Engineering Clusters Association, buy the company report.

Financials of Avnish Agro-Engineering Clusters Association

FY 2023 filings available

Avnish Agro-Engineering Clusters Association reported revenue of ₹84.74 Lakh (up 7% YoY) for FY 2023.

Revenue · FY 2023
₹84.74 Lakh ▲ 7%
Net profit · FY 2023
₹1.51 Lakh margin 1.8%
EBITDA · FY 2023
₹30.74 Lakh margin 36.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 16%
5 years · compounded
▲ 79%

Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 7% growth in the latest year. EBITDA rose 4% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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₹30.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.51 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin36.3%
Net Profit Margin1.8%
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 Avnish Agro-Engineering Clusters Association, buy the company report.

Board of directors of Avnish Agro-Engineering Clusters Association

Avnish Agro-Engineering Clusters Association has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudhir Udhavarao DhuttekarDirector07 Jan 201610 Years 10 MonthsCurrent
Sarang Pramodrao AlandkarDirector07 Jan 201610 Years 10 MonthsCurrent
Sarika Vikas KulkarniDirector21 Feb 20197 Years 8 MonthsCurrent

Auditor

Avnish Agro-Engineering Clusters Association is audited by IRFAN A SHAIKH & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
IRFAN A SHAIKH & COFY 2022136061W

Shareholding

The shareholding of Avnish Agro-Engineering Clusters Association is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avnish Agro-Engineering Clusters Association, buy the company report.

Charges & borrowings

Open charges
₹1.75 Cr
Satisfied charges
₹67.56 Lakh
Breakdown by lending institutions
The Pandharpur Urban Co-Op. Bank Ltd.₹1.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 May 2021100474609The Pandharpur Urban Co-Op. Bank Ltd.₹1.75 CrOpen
28 Nov 2018100218330Others₹67.56 LakhSatisfied

To see the full charge records of Avnish Agro-Engineering Clusters Association, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avnish Agro-Engineering Clusters Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Avnish Agro-Engineering Clusters Association has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAOCA0688H1ZCMaharashtraActive08 Mar 2019

To see the full GST registrations and return filing status of Avnish Agro-Engineering Clusters Association, buy the company report.

Recent activity

Avnish Agro-Engineering Clusters Association has 12 board changes on record since 2016: 7 appointments and 5 cessations. The latest: Gopal Badrinarayan Zanwar ceased to be Additional Director on 30 Sep 2019.

AGM
Avnish Agro-Engineering Clusters Association last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Avnish Agro-Engineering Clusters Association has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Nagpur.
Charges
A charge registered on 28 Nov 2018 via Charge ID 100218330 with Others was fully satisfied on 02 Aug 2021.
Charges
A charge with The Pandharpur Urban Co-Op. Bank Ltd. amounted to Rs. 1.75 Cr with Charge ID 100474609 was registered on 25 May 2021.
Ceased
Gopal Badrinarayan Zanwar ceased to be Additional Director.
Ceased
Mahendra Mahadev Pawale ceased to be Additional Director.
Ceased
Mohammad Rafik Mohammad Yusuf Karkam ceased to be Additional Director.
Ceased
Sarika Vikas Kulkarni ceased to be Additional Director.
Ceased
Sunil Irsangappa Honrao ceased to be Additional Director.
Appointed
Gopal Badrinarayan Zanwar was appointed as Director.
Appointed
Mahendra Mahadev Pawale was appointed as Director.
Appointed
Mohammad Rafik Mohammad Yusuf Karkam was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Avnish Agro-Engineering Clusters Association is an active private not for profit company based in Latur, Maharashtra, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 07 January 2016 (10+ years old) and is registered under CIN U29253MH2016NPL271803.

Avnish Agro-Engineering Clusters Association has 3 current directors:

The latest financial statements of Avnish Agro-Engineering Clusters Association on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Avnish Agro-Engineering Clusters Association is 27AAOCA0688H1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Avnish Agro-Engineering Clusters Association is U29253MH2016NPL271803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avnish Agro-Engineering Clusters Association was incorporated on 07 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.

Gopal Badrinarayan Zanwar ceased to be Additional Director on 30 Sep 2019. Mahendra Mahadev Pawale ceased to be Additional Director on 30 Sep 2019. Mohammad Rafik Mohammad Yusuf Karkam ceased to be Additional Director on 30 Sep 2019. Avnish Agro-Engineering Clusters Association has 12 board changes on record in total.

The registered office of Avnish Agro-Engineering Clusters Association is at CO Shri Sanjay Uddhavrao Kulkarni Shyam Nagar, Latur, Maharashtra, India – 413512.

Avnish Agro-Engineering Clusters Association operates in the education industry, in the vocational and skill development training segment.

Avnish Agro-Engineering Clusters Association has open charges of ₹1.75 Cr and satisfied charges of ₹67.56 Lakh as per latest MCA filings.