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Biorites India Private Limited - agriculture in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹16.05 Lakh
▼ 78% YoY
Net loss · FY 2023
₹41.32 Lakh
Net margin -257.5%
EBITDA · FY 2023
-₹20.59 Lakh
EBITDA margin -128.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹26.53 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Biorites India Private Limited
Data last updated:
Biorites India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the crop protection segment of the agriculture sector. It was incorporated on 29 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U01100TZ2018PTC031170. Its GSTIN is 33AAICB1001B1ZR (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kumar Durai Balaji and Nagaraj Manivasakan.
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 Ds No:180. Sit No:7. Kovinthasamy Naidu Layout Sowripalayam, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.05 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹41.32 Lakh (net margin -257.5%) and EBITDA of -₹20.59 Lakh (EBITDA margin -128.3%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
As per MCA filings, the company has open charges of ₹26.53 Lakh on record.
Biorites India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0038294). For more details, the company can be reached via its website biorites.com.
Company details
CIN U01100TZ2018PTC031170
Registration Number 031170
Incorporation Date 29 October 2018
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-07-0038294
Recognitions & Rankings of Biorites India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-07-0038294
Contact details
Biorites India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is biorites.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDs No:180. Sit No:7. Kovinthasamy Naidu Layout Sowripalayam, Coimbatore, Tamil Nadu, India – 641028
- IndustryAgriculture, Crop Protection, Animal Feeds, Fertilizers & Soil Enhancers
To see the full contact details of Biorites India Private Limited, buy the company report.
Comprehensive company report
Biorites India 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
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Business activity
The main business activity of Biorites India is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Biorites India Private Limited, buy the company report.
Financials of Biorites India Private Limited
FY 2023 filings availableBiorites India Private Limited reported revenue of ₹16.05 Lakh (down 78% YoY) for FY 2023.
Revenue · FY 2023
₹16.05 Lakh ▼ 78%
Net loss · FY 2023
₹41.32 Lakh margin -257.5%
EBITDA · FY 2023
-₹20.59 Lakh margin -128.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▼ 370%
3 years · compounded
▼ 69%
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 78% fall in the latest year. EBITDA fell 370% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | -₹20.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -128.3% | ||||
| Net Profit Margin | -257.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Biorites India Private Limited, buy the company report.
Board of directors of Biorites India Private Limited
Biorites India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Durai Balaji Also directs: Biorites Farms LLP | Director | 29 Oct 2018 | 8 Years 0 Months | Current |
| Nagaraj Manivasakan Also directs: Biorites Farms LLP, Bioscion Agrow Private Limited | Director | 29 Oct 2018 | 8 Years 0 Months | Current |
Charges & borrowings
Open charges
₹26.53 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2022 | 100566843 | Hdfc Bank Limited | ₹23.68 Lakh | Open | |
| 13 Jul 2021 | 100460344 | Others | ₹2.85 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Biorites India 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 Biorites India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Biorites India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICB1001B1ZR | Tamil Nadu | Active | 13 Nov 2018 |
To see the full GST registrations and return filing status of Biorites India Private Limited, buy the company report.
Recent activity
Biorites India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kumar Durai Balaji was appointed as Director on 29 Oct 2018.
AGM
Biorites India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Biorites India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.68 Lakh with Charge ID 100566843 was registered on 11 Apr 2022.
Charges
A charge with Others amounted to Rs. 2.85 Lakh with Charge ID 100460344 was registered on 13 Jul 2021.
Appointed
Kumar Durai Balaji was appointed as Director.
Appointed
Nagaraj Manivasakan was appointed as Director.
Incorporation
29 Oct 2018
Biorites India Private Limited was registered on 29 Oct 2018 with Roc Coimbatore & aged 8 years 8 days as per MCA records.
Frequently asked questions
Biorites India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in crop protection, within the agriculture industry. It was incorporated on 29 October 2018 (8+ years old) and is registered under CIN U01100TZ2018PTC031170.
Biorites India has 2 current directors:
- Kumar Durai Balaji - Director
- Nagaraj Manivasakan - Director
The latest financial statements of Biorites India 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 2019 are in the company report.
The GSTIN of Biorites India is 33AAICB1001B1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Biorites India is U01100TZ2018PTC031170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Biorites India was incorporated on 29 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
Kumar Durai Balaji was appointed as Director on 29 Oct 2018. Nagaraj Manivasakan was appointed as Director on 29 Oct 2018.
Yes, Biorites India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Biorites India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-07-0038294).
Biorites India can be reached through the website biorites.com. Its registered office is in Coimbatore, Tamil Nadu, India.
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