MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-05-0002922
Chagi Agro Industries Private Limited
Chagi Agro Industries Private Limited - food and beverages in Siruguppa, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.24 Cr
▲ 12% YoY
Net profit · FY 2024
₹3.58 Cr
Net margin 4.6%
EBITDA · FY 2024
₹6.65 Cr
EBITDA margin 8.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.4 Cr
Issued & subscribed
Open charges
₹34 Cr
Satisfied ₹10 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
7
Provident fund records
About Chagi Agro Industries Private Limited
Data last updated:
Chagi Agro Industries Private Limited is a private limited company based in Siruguppa, Karnataka, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 16 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01100KA2019PTC128822. Its GSTIN is 29AAICC4281C1ZP (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors Chagi Vinay Bhaskar and Chagi Subbaiah Setty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No – 556 Kmrp Ward Huchchireshwara Nagar & Industrial Zone Adhoni Road, Siruguppa, Karnataka, India – 583121.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.24 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.58 Cr (net margin 4.6%) and EBITDA of ₹6.65 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34 Cr and satisfied charges of ₹10 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Chagi Agro Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0002922).
Company details
CIN U01100KA2019PTC128822
Registration Number 128822
Incorporation Date 16 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-KR-05-0002922
Recognitions & Rankings of Chagi Agro Industries
Contact details
Chagi Agro Industries Private Limited's registered office is in Siruguppa, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No – 556 Kmrp Ward Huchchireshwara Nagar & Industrial Zone Adhoni Road, Siruguppa, Karnataka, India – 583121
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Chagi Agro Industries Private Limited, buy the company report.
Comprehensive company report
Chagi Agro Industries 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 Chagi Agro Industries 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 Chagi Agro Industries Private Limited, buy the company report.
Financials of Chagi Agro Industries Private Limited
FY 2024 filings availableChagi Agro Industries Private Limited reported revenue of ₹77.24 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹77.24 Cr ▲ 12%
Net profit · FY 2024
₹3.58 Cr margin 4.6%
EBITDA · FY 2024
₹6.65 Cr margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 12% growth in the latest year. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.58 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Chagi Agro Industries Private Limited, buy the company report.
Board of directors of Chagi Agro Industries Private Limited
Chagi Agro Industries has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chagi Vinay Bhaskar | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Chagi Subbaiah Setty | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Chagi Agro Industries Private Limited is audited by BADRI AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BADRI AND CO | FY 2023 | 000303S |
Shareholding
The shareholding of Chagi Agro Industries Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Chagi Agro Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2019 | 100331417 | Indian Bank | ₹34 Cr | Open | |
| 15 May 2023 | 100727457 | Idbi Bank Limited | ₹5 Cr | Satisfied | |
| 21 Dec 2021 | 100514467 | Idbi Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Chagi Agro Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Chagi Agro Industries Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (Suit Trade Mark Act) | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Court case (Suit Trade Mark Act) | Filed against the company by Ias Enterprises | Pending |
To see the full case history of Chagi Agro Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Chagi Agro Industries Private Limited was last rated by Care on 13 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Jan 2022 |
To see the full credit ratings and regulatory alerts of Chagi Agro Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chagi Agro Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chagi Agro Industries Private Limited has a workforce of 7 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-30%
GST
Chagi Agro Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC4281C1ZP | Karnataka | Active | 25 Oct 2019 |
To see the full GST registrations and return filing status of Chagi Agro Industries Private Limited, buy the company report.
Recent activity
Chagi Agro Industries Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Chagi Subbaiah Setty was appointed as Director on 16 Oct 2019.
Charges
A charge with Indian Bank of Rs. 34.00 Cr registered on 07 Dec 2019 with Charge ID 100331417 was modified on 04 Nov 2024.
AGM
Chagi Agro Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Chagi Agro Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 15 May 2023 via Charge ID 100727457 with Idbi Bank Limited was fully satisfied on 11 Sep 2023.
Charges
A charge with Idbi Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100727457 was registered on 15 May 2023.
Charges
A charge registered on 21 Dec 2021 via Charge ID 100514467 with Idbi Bank Limited was fully satisfied on 31 Dec 2022.
Charges
A charge with Idbi Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100514467 was registered on 21 Dec 2021.
Charges
A charge with Indian Bank amounted to Rs. 34.00 Cr with Charge ID 100331417 was registered on 07 Dec 2019.
Appointed
Chagi Subbaiah Setty was appointed as Director.
Appointed
Chagi Vinay Bhaskar was appointed as Director.
Incorporation
16 Oct 2019
Chagi Agro Industries Private Limited was registered on 16 Oct 2019 with Roc Bangalore & aged 7 years 22 days as per MCA records.
Frequently asked questions
Chagi Agro Industries is an active private limited company based in Siruguppa, Karnataka, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 16 October 2019 (7+ years old) and is registered under CIN U01100KA2019PTC128822.
Chagi Agro Industries has 2 current directors:
- Chagi Vinay Bhaskar - Director
- Chagi Subbaiah Setty - Director
The latest financial statements of Chagi Agro Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Chagi Agro Industries is 29AAICC4281C1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Chagi Agro Industries is U01100KA2019PTC128822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chagi Agro Industries has 2 court cases on record: 2 filed against it. 2 are pending.
Chagi Agro Industries was incorporated on 16 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Chagi Subbaiah Setty was appointed as Director on 16 Oct 2019. Chagi Vinay Bhaskar was appointed as Director on 16 Oct 2019.
Yes, Chagi Agro Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-05-0002922).
The registered office of Chagi Agro Industries is at Door No – 556 Kmrp Ward Huchchireshwara Nagar & Industrial Zone Adhoni Road, Siruguppa, Karnataka, India – 583121.
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