Best Agrochem Private Limited

Best Agrochem Private Limited - agriculture in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U24100DL2007PTC171008 Incorporated 03 December 2007 ROC Delhi HQ New Delhi, Delhi, India
Merged Private Limited Company agriculture
Data last updated
Revenue · FY 2019
₹535.64 Cr
▲ 12% YoY
Net profit · FY 2019
₹4.44 Cr
Net margin 0.8%
EBITDA · FY 2019
₹12.68 Cr
EBITDA margin 2.4%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹5.74 Cr
Issued & subscribed
Satisfied charges
₹50 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
488
Provident fund records

About Best Agrochem Private Limited

Data last updated:

Best Agrochem Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 03 December 2007.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U24100DL2007PTC171008. Its GSTIN is 07AACCV6133C2ZM (Delhi). The company held 10 GST registrations, of which 9 are active.

The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.74 Cr. It was formerly known as Vvk Traders Private Limited. It was led by directors including Vandana Alawadhi and Shuvendu Kumar Satpathy.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at S – 1A Bhagwan Dass Nagar East Punjabi Ba, New Delhi, Delhi, India – 110026.

As per the financials filed for FY 2019, the company reported a revenue of ₹535.64 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹4.44 Cr (net margin 0.8%) and EBITDA of ₹12.68 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.

The company had about 488 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Best Agrochem. As per MCA filings, the company had satisfied charges of ₹50 Cr on record. Court records list 195 cases involving the company, including 182 filed by the company and 14 filed against it; 16 cases are pending.

The last known website on record is bestagrochem.in.

Company details

CIN U24100DL2007PTC171008
Registration Number 171008
Incorporation Date 03 December 2007
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Best Agrochem Private Limited's registered office is in New Delhi, Delhi. Its website is bestagrochem.in. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    S – 1A Bhagwan Dass Nagar East Punjabi Ba, New Delhi, Delhi, India – 110026
  • Industry
    Agriculture, Agro Retail & Distribution

To see the full contact details of Best Agrochem Private Limited, buy the company report.

Comprehensive company report
Best Agrochem Private Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Best Agrochem operates one associated brand: Best Agrochem. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures and markets agrochemicals for crop protection and nutritionbestagrochem.in

Business activity

The main business activity of Best Agrochem is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
GTradeG2Retail Trading

To see the full business activity and turnover split of Best Agrochem Private Limited, buy the company report.

Financials of Best Agrochem Private Limited

FY 2019 filings available

Best Agrochem Private Limited reported revenue of ₹535.64 Cr (up 12% YoY) for FY 2019.

Revenue · FY 2019
₹535.64 Cr ▲ 12%
Net profit · FY 2019
₹4.44 Cr margin 0.8%
EBITDA · FY 2019
₹12.68 Cr margin 2.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 108%
3 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 12% growth in the latest year. EBITDA rose 108% 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹535.64 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹12.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.44 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin2.4%
Net Profit Margin0.8%
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 Best Agrochem Private Limited, buy the company report.

Board of directors of Best Agrochem Private Limited

Best Agrochem has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vandana AlawadhiDirector03 Dec 200718 Years 11 MonthsAs last reported
Shuvendu Kumar SatpathyDirector27 Jun 201610 Years 4 MonthsAs last reported
Subodh KumarDirector01 Apr 201511 Years 7 MonthsAs last reported
Vimal KumarDirector03 Dec 200718 Years 11 MonthsAs last reported

Peer comparison

Best Agrochem Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Famy Steri Private Limited₹575.33 Cr (FY 2025)48.0%Mumbai, Maharashtra, India
Chifu Agritech Private Limited₹554.86 Cr (FY 2025)36.0%Hyderabad, Andhra Pradesh, Telangana, India
Holy-Land Marketing Private Limited₹554.71 Cr (FY 2025)10.0%New Delhi, Delhi, India
Saraf Trexim Limited₹550.72 Cr (FY 2025)12.0%Kolkata, West Bengal, India
Best Agrochem Private Limitedthis company₹535.64 Cr (FY 2019)₹4.44 Cr0.8%12.0%488New Delhi, Delhi, India
Avyaan International Private Limited₹527.58 Cr (FY 2025)77.0%Raipur, Chhattisgarh, India
Phelia Commodities Private Limited₹521.44 Cr (FY 2025)-32.0%Bhopal, Madhya Pradesh, India

To see the full peer comparison of Best Agrochem Private Limited, buy the company report.

Auditor

Best Agrochem Private Limited is audited by WADHWA & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
WADHWA & ASSOCIATESFY 2019028301N

Shareholding

The shareholding of Best Agrochem Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Best Agrochem Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹50 Cr
Breakdown by lending institutions
Dbs Bank Ltd.₹16.00 Cr
Punjab National Bank₹13.00 Cr
Kotak Mahindra Bank Limited₹12.00 Cr
Icici Bank Limited₹9.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Nov 201510624697Kotak Mahindra Bank Limited₹12 CrSatisfied
24 Sep 201410524915Icici Bank Limited₹9 CrSatisfied
05 Mar 201310411240Dbs Bank Ltd.₹16 CrSatisfied
15 Dec 200910191843Punjab National Bank₹13 CrSatisfied

To see the full charge records of Best Agrochem Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Best Agrochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Best Agrochem Private Limited has a workforce of 488 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
488
Active EPFO establishments
1
Employee growth
84.85%

GST

Best Agrochem has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
9
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AACCV6133C2ZMDelhiActive03 Aug 2017
06AACCV6133C1ZPHaryanaActive01 Jul 2017
08AACCV6133C1ZLRajasthanActive01 Jul 2017
09AACCV6133C1ZJUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Best Agrochem Private Limited, buy the company report.

Recent activity

Best Agrochem Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Shuvendu Kumar Satpathy ceased to be Additional Director on 30 Sep 2016.

AGM
Best Agrochem Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Best Agrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.
Charges
A charge registered on 26 Nov 2015 via Charge ID 10624697 with Kotak Mahindra Bank Limited was fully satisfied on 01 May 2017.
Ceased
Shuvendu Kumar Satpathy ceased to be Additional Director.
Appointed
Shuvendu Kumar Satpathy was appointed as Director.
Charges
A charge registered on 05 Mar 2013 via Charge ID 10411240 with Dbs Bank Ltd. was fully satisfied on 08 Apr 2016.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 12.00 Cr with Charge ID 10624697 was registered on 26 Nov 2015.
Charges
A charge registered on 24 Sep 2014 via Charge ID 10524915 with Icici Bank Limited was fully satisfied on 03 Nov 2015.
Ceased
Subodh Kumar ceased to be Additional Director.
Charges
A charge with Dbs Bank Ltd. of Rs. 16.00 Cr registered on 05 Mar 2013 with Charge ID 10411240 was modified on 29 Jun 2015.
Appointed
Subodh Kumar was appointed as Director.
Charges
A charge with Icici Bank Limited amounted to Rs. 9.00 Cr with Charge ID 10524915 was registered on 24 Sep 2014.

7 earlier events are in the company report.

Frequently asked questions

Best Agrochem has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Best Agrochem was a private limited company based in New Delhi, Delhi, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 03 December 2007 and is registered under CIN U24100DL2007PTC171008. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Best Agrochem was incorporated on 03 December 2007. It is registered with the Registrar of Companies, Delhi.

Best Agrochem had 4 directors:

The CIN (Corporate Identification Number) of Best Agrochem is U24100DL2007PTC171008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Best Agrochem is at S – 1A Bhagwan Dass Nagar East Punjabi Ba, New Delhi, Delhi, India – 110026.

Best Agrochem can be reached through the website bestagrochem.in. Its registered office is in New Delhi, Delhi, India.

The latest financial statements of Best Agrochem on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

The GSTIN of Best Agrochem is 07AACCV6133C2ZM, registered in Delhi. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCV6133C1ZP (Haryana), 08AACCV6133C1ZL (Rajasthan), 09AACCV6133C1ZJ (Uttar Pradesh).

Best Agrochem operated in the agriculture industry, in the agro retail and distribution segment.

The peers of Best Agrochem by revenue are Famy Steri Private Limited, Chifu Agritech Private Limited, Holy-Land Marketing Private Limited, Saraf Trexim Limited, Avyaan International Private Limited and 1 more, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).