Bright Agritrade LLP
About Bright Agritrade LLP
Data last updated:
Bright Agritrade LLP is a limited liability partnership (LLP) based in Indore, Madhya Pradesh, India. It operates in the wholesale trading and distribution segment of the business services sector. It was incorporated on 10 January 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Gwalior, under LLPIN AAN-9853. Its GSTIN is 23AAUFB4296M1ZS (Madhya Pradesh).
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners including Jai Desai and Nirav Niranjan Desai.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 401 Princess Empire 12 Race Course Road, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹7.49 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹3.55 Lakh (net margin 0.5%) and EBITDA of -₹3.78 Cr (EBITDA margin -50.4%). Revenue has grown at a compounded annual rate (CAGR) of 202% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address401 Princess Empire 12 Race Course Road, Indore, Madhya Pradesh, India – 452003
- IndustryBusiness Services, Wholesale, Commission Trade
- 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
- One PDF report, delivered after checkout
Financials of Bright Agritrade LLP FY 2025 filings available
Bright Agritrade LLP reported revenue of ₹7.49 Cr (down 93% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bright Agritrade LLP
Revenue fell 93% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 202%. 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 of Bright Agritrade LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹3.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bright Agritrade LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Bright Agritrade are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Bright Agritrade LLP
Bright Agritrade has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Desai Also directs: Om Niranjan Luxury LLP, Om Niranjan Properties LLP, Nikhil Commodity and Derivatives Private Limited and 1 more | Designated Partner | 10 Jan 2019 | 7 Years 8 Months | Current |
| Nirav Niranjan Desai Also directs: Delight Sustainable Products LLP, Om Niranjan Luxury LLP, Rama International Trade LLP and 2 more | Designated Partner | 10 Jan 2019 | 7 Years 8 Months | Current |
| Bhavesh Dhanvantray Buddhdev Also directs: Tech Scout Labs LLP, Disruption Enablers Consortium LLP, Excelsource International Private Limited and 5 more | Designated Partner | 11 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Bright Agritrade LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bright Agritrade LLP
Bright Agritrade LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bright Agritrade LLP
Employment history and EPFO contributions of people linked to Bright Agritrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bright Agritrade LLP
Bright Agritrade LLP has 4 designated partner changes on record since 2019: 4 appointments. The latest: Bhavesh Dhanvantray Buddhdev was appointed as Designated Partner on 11 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Bright Agritrade LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bright Agritrade LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bright Agritrade LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bright Agritrade LLP
Bright Agritrade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAUFB4296M1ZS | Madhya Pradesh | Active | 21 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bright Agritrade LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bright Agritrade LLP
Bright Agritrade is an active limited liability partnership based in Indore, Madhya Pradesh, India. The LLP works in wholesale, within the business services industry. It was incorporated on 10 January 2019 (7+ years old) and is registered under LLPIN AAN-9853.
Bright Agritrade reported revenue of ₹7.49 Cr for FY 2023 (down 93% YoY).
Bright Agritrade has 3 current designated partners:
- Jai Desai - Designated Partner
- Nirav Niranjan Desai - Designated Partner
- Bhavesh Dhanvantray Buddhdev - Designated Partner
Bright Agritrade reported a net profit of ₹3.55 Lakh (net margin 0.5%) and EBITDA of -₹3.78 Cr (EBITDA margin -50.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bright Agritrade is 202% over three years. In the latest year (FY 2023) revenue fell 93%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bright Agritrade is 23AAUFB4296M1ZS, registered in Madhya Pradesh.
The LLPIN (Limited Liability Partnership Identification Number) of Bright Agritrade is AAN-9853. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Bright Agritrade was incorporated on 10 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
Bhavesh Dhanvantray Buddhdev was appointed as Designated Partner on 11 Dec 2019. Mehul Dhanvantrai Buddhadev was appointed as Partner on 11 Dec 2019. Jai Desai was appointed as Designated Partner on 10 Jan 2019. Bright Agritrade has 4 designated partner changes on record in total.
The registered office of Bright Agritrade is at 401 Princess Empire 12 Race Course Road, Indore, Madhya Pradesh, India – 452003.