About Growtech
Growtech is an Agriculture company based in Indore (India) founded in 2007. It manufactures bio-fertilizers, bio-pesticides, micronutrients, and agrochemicals to support farming productivity. It operates on a B2B and D2C model. The company has 141 employees. Its Indian entity Growtech Agri Science And Research Private Limited reported revenue of ₹47.90 Cr. Growtech offers products and services including Microbial Fertilizers, Microbial Pesticide, Micronutrient Fertilizers, and Water Soluble Fertilizers. Its focus areas include Food and Agriculture Tech, Agrochemicals, Fertilizers and Bio-Fertilizers. Its competitors include IPL Biologicals, Titan Biotech and Univia; 2 of its 3 listed competitors have raised funding.
Company details
Growtech Agri Science and Research Pvt. Ltd. specializes in developing and supplying bio-fertilizers, bio-pesticides, organic manures, micronutrient fertilizers, and water-soluble products. Based in Indore, India, the company focuses on innovative, sustainable solutions that enhance crop health and yield for farmers worldwide. Through research and a strong dealer network, they address agricultural challenges, promoting eco-friendly practices and economical pricing to improve productivity.
- Headquarters Indore, India
- Employees 141
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website growtechagriscience.com
- Legal Name Growtech Agri Science And Research Private Limited
- Date of Incorporation 01 Sep, 2010
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹47.90 Cr
FY 2024 · +18% YoY
- Net Profit₹1.99 Cr
FY 2024 · 4% margin
- EBITDA₹4.12 Cr
FY 2024 · 9% margin
- Employee Count141
Associated legal entities of Growtech
Growtech operates through Growtech Agri Science And Research Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Growtech Agri Science And Research Private Limited CIN U24200MP2010PTC024231 | Active | 01 Sep 2010 | Indore, Madhya Pradesh | ₹47.9 Cr | 141 | 2 | View details |
Products & Services of Growtech
Growtech offers a comprehensive portfolio of products and services, including Microbial Fertilizers, Microbial Pesticide, Micronutrient Fertilizers, and Water Soluble Fertilizers.
Bio-based products to improve soil fertility and crop growth
Biological agents for effective pest and fungus control
Essential micronutrients to enhance plant health and yield
Dissolvable formulas for efficient nutrient delivery in farming
Board of directors of Growtech Agri Science And Research Private Limited (Growtech)
Growtech Agri Science And Research Private Limited is the primary company behind Growtech. The board of Growtech Agri Science And Research Private Limited currently have 2 directors; the longest-serving is Hemraj Ramkrushnaji Kose, appointed in 2010.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemraj Ramkrushnaji Kose DIN 03182749 | Director | 01 Sep 2010 | 16 yrs 2 mo | Growtech Agri Science And Research Private Limited |
| Sanjay Patidar DIN 03066813 | Director | 01 Sep 2010 | 16 yrs 2 mo | Growtech Agri Science And Research Private Limited |
Financials of Growtech
Figures of Growtech Agri Science And Research Private Limited, the primary company behind Growtech, for FY 2024. Revenue was ₹47.90 Cr (+18% year on year). Net profit was ₹1.99 Cr (4% margin). EBITDA was ₹4.12 Cr (9% margin). Revenue has grown at a compounded annual rate of +25% over three years and +29% over five years.
- ₹47.90 CrRevenue · FY 2024 · +18% YoY
- ₹1.99 CrNet profit · 4% margin
- ₹4.12 CrEBITDA · 9% margin
- ₹32 LakhPaid-up capital
- 141Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Growtech Agri Science And Research Private Limited are on its company page.
Detailed financial statements for Growtech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Growtech
Growtech has 3 listed competitors in our database, 2 of them funded. They include IPL Biologicals, Titan Biotech and Univia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iplbiologicals.com | 1994 | Gurugram, India | $4.66M | 901 | Plant nutrition and protection products are manufactured and supplied. | |
| titanbiotechltd.com | 1992 | Delhi, India | 406 | Biological products are manufactured and exported for various industries. | ||
| univia.in | 2020 | Ahmedabad, India | $237,838 | 52 | Agri-input retailers are connected to farmers via a phygital network. |
Detailed competitors of Growtech
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Web traffic of Growtech
The website of Growtech (growtechagriscience.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 49.5% vs previous month
Top companies in Crop Inputs & Fertilizers
3 companies that operate in the same segment as Growtech (Crop Inputs & Fertilizers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | USD 1.21 B | 1,020 | ||
Manufacturer of agrochemicals for crop protection | 1991 | Delhi, Delhi, India | USD 88.79 M | USD 222.96 M | 475 | |
Agrochemicals and equipment for crop protection are manufactured. | 1994 | Delhi, Delhi, India | USD 28.03 M | USD 303.27 M | 1,262 |
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Related news about Growtech
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Frequently Asked Questions about Growtech
Growtech was founded in 2007.
Growtech is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Growtech has 141 employees.
The primary company behind Growtech, Growtech Agri Science And Research Private Limited, reported revenue of ₹47.90 Cr for FY 2024, up 18% year on year.
Growtech Agri Science and Research Pvt. Ltd. specializes in developing and supplying bio-fertilizers, bio-pesticides, organic manures, micronutrient fertilizers, and water-soluble products. Based in Indore, India, the company focuses on innovative, sustainable solutions that enhance crop health and yield for farmers worldwide. Through research and a strong dealer network, they address agricultural challenges, promoting eco-friendly practices and economical pricing to improve productivity.
Growtech's top competitors include Titan Biotech, IPL Biologicals and Univia.
Growtech offers Microbial Fertilizers, Microbial Pesticide, Micronutrient Fertilizers, and Water Soluble Fertilizers.
Growtech operates through Growtech Agri Science And Research Private Limited.
The legal entities of Growtech currently have 2 directors, including Hemraj Ramkrushnaji Kose, Sanjay Patidar.