India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#325- Valuation
- ₹10,200 Cr
2021 #458
Revenue · FY 2025
₹2,731.94 Cr
▲ 20% YoY
Net profit · FY 2025
₹118.39 Cr
Net margin 4.3%
EBITDA · FY 2025
₹315.1 Cr
EBITDA margin 11.5%
Authorised capital
₹311.7 Cr
Registered with MCA
Paid-up capital
₹134.57 Cr
Issued & subscribed
Open charges
₹1,348.3 Cr
Satisfied ₹787.74 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
1,262
Provident fund records
About Crystal Crop Protection Limited
Data last updated:
Crystal Crop Protection Limited is a public limited company based in Ellisbridge, Gujarat, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 13 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72100GJ1994PLC097033. Its GSTIN is 24AABCJ3574E1ZT (Gujarat). The company holds 32 GST registrations, of which 25 are active.
The company has an authorised share capital of ₹311.7 Cr and a paid-up capital of ₹134.57 Cr. It was formerly known as Jai Bharat Crop Chemical Private Limited and Crystal Crop Protection Private Limited. It is led by directors including Ankur Aggarwal (Managing Director) and Anil Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ellisbridge, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,731.94 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹118.39 Cr (net margin 4.3%) and EBITDA of ₹315.1 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 1,262 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Crystal Crop and Crystal Crop Protection. As per MCA filings, the company has open charges of ₹1,348.3 Cr and satisfied charges of ₹787.74 Cr on record. Court records list 1,523 cases involving the company, including 1,293 filed by the company and 230 filed against it; 339 cases are pending. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹450.94 Cr; the latest was in November 2023. Its 6 peer companies in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 1 smaller; the largest is Kribhco Fertilizers Limited with revenue of ₹4,053.39 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 26 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crystalcropprotection.com.
Company details
CIN U72100GJ1994PLC097033
Registration Number 097033
Incorporation Date 13 July 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Crystal Crop Protection has undergone 2 name changes throughout its history. The company was previously known as Jai Bharat Crop Chemical Private Limited, and Crystal Crop Protection Private Limited. The current legal name is Crystal Crop Protection Limited.
| Company Name | Status |
|---|---|
| Crystal Crop Protection Limited | Current |
| Jai Bharat Crop Chemical Private Limited | Previous |
| Crystal Crop Protection Private Limited | Previous |
CIN history
Crystal Crop Protection has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72100GJ1994PLC097033, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100GJ1994PLC097033 | Current |
| U01403GJ1994PTC097033 | Previous |
| U01403DL1994PTC060206 | Previous |
| U01403GJ1994PLC097033 | Previous |
| U74899DL1994PTC060206 | Previous |
Key People
Ankur Aggarwal Managing Director Anil Jain Whole-Time Director Kavishwar Vitthalrao Kalambe Whole-Time Director Recognitions & Rankings of Crystal Crop Protection
Contact details
Crystal Crop Protection Limited's registered office is in Ellisbridge, Gujarat. Its website is crystalcropprotection.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address206 2nd Floor Span Trade Centre Opp. Kochrab Gandhi Ashram Near Paldi Char Rasta Ash, Ram Road, Ellisbridge, Gujarat, India – 380006
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of Crystal Crop Protection Limited, buy the company report.
Comprehensive company report
Crystal Crop Protection 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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Brands
Crystal Crop Protection operates two associated brands: Crystal Crop and Crystal Crop Protection. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agrochemicals and equipment for crop protection are manufactured. | crystalcropprotection.com | |
| Crop protection, seeds, and agricultural services are provided by Crystal Crop. | crystalcrop.com |
Business activity
The main business activities of Crystal Crop Protection are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Crystal Crop Protection Limited, buy the company report.
Financials of Crystal Crop Protection Limited
FY 2025 filings availableCrystal Crop Protection Limited reported revenue of ₹2,731.94 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹2,731.94 Cr ▲ 20%
Net profit · FY 2025
₹118.39 Cr margin 4.3%
EBITDA · FY 2025
₹315.1 Cr margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▼ 1%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 20% growth in the latest year. EBITDA rose 51% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹315.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹118.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 Crystal Crop Protection Limited, buy the company report.
Board of directors of Crystal Crop Protection Limited
Crystal Crop Protection has 6 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Rameshchandra Desai | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Sangeeta Kapil Jit Singh Also directs: Laxmi Organic Industries Limited, Galaxy Surfactants Ltd, Shaily Engineering Plastics Limited and 4 more | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Sartaj Sewa Singh | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Ankur Aggarwal Also directs: I & B Seeds Private Limited, Redson Retail and Reality Private Limited, Aviral Crop Science Private Limited and 5 more | Managing Director | 29 Aug 2011 | 15 Years 2 Months | Current |
| Anil Jain | Whole-Time Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Kavishwar Vitthalrao Kalambe | Whole-Time Director | 30 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Crystal Crop Protection Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kribhco Fertilizers Limited | ₹4,053.39 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Greenstar Fertilizers Limited | ₹3,992.68 Cr (FY 2025) | 22.0% | Chennai, Tamil Nadu, India | |||
| Mangalore Chemicals and Fertilisers Limited | ₹3,368.54 Cr (FY 2025) | -12.0% | Bangalore, Karnataka, India | |||
| Nagarjuna Fertilizers and Chemicals Limited | ₹3,318.13 Cr (FY 2025) | -31.0% | Hyderabad, Telangana, India | |||
| Southern Petrochemical Industries Corporation Limited | ₹3,100.25 Cr (FY 2025) | 58.0% | Chennai, Tamil Nadu, India | |||
| Crystal Crop Protection Limitedthis company | ₹2,731.94 Cr (FY 2025) | ₹118.39 Cr | 4.3% | 20.0% | 1,262 | Ellisbridge, Gujarat, India |
| Ostwal Phoschem (India) Limited | ₹2,537.71 Cr (FY 2025) | 36.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Crystal Crop Protection Limited, buy the company report.
Auditor
Crystal Crop Protection Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
The shareholding of Crystal Crop Protection Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Crystal Crop Protection Limited, buy the company report.
Charges & borrowings
Open charges
₹1,348.3 Cr
Satisfied charges
₹787.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2026 | 101331010 | The Hongkong and Shanghai Banking Corporation Limited | ₹311.9 Cr | Open | |
| 25 May 2026 | 101304401 | Hdfc Bank Limited | ₹167.25 Cr | Open | |
| 12 Sep 2024 | 100978412 | The Hongkong and Shanghai Banking Corporation Limited | ₹75 Cr | Open | |
| 24 Nov 2021 | 100506331 | The Hongkong and Shanghai Banking Corporation Limited | ₹125 Cr | Open | |
| 25 Sep 2018 | 100248184 | Yes Bank Limited | ₹100 Cr | Open |
To see the full charge records of Crystal Crop Protection Limited, buy the company report.
Total charge records: 46 View all charges
Deals & funding
Crystal Crop Protection Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹450.94 Cr; the latest was in November 2023.
Total deals
10
Secondary share transfers
6
Funding rounds
3
Convertible or debt financing
1
Disclosed funding
₹450.94 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2023 | Funding round | ₹65.1 Lakh | Investors: Redson Retail and Reality Private Limited , an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Seller: Nand Kishore Aggarwal Huf, Crystal Crop Employee Protection Welfare Trust, 2 individuals |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Kanak Nand Kishore Aggarwal Family Trust Seller: an individual |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Redson Cropcare Private Limited Seller: Everstone Capital Management |
To see the full deal history of Crystal Crop Protection Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Crystal Crop Protection Limited has 1,523 court cases on record: 1,293 filed by Crystal Crop Protection, 230 filed against it. 339 cases are pending and 1,184 are disposed.
Total cases
1,523
Filed by the company
1,293
Filed against the company
230
Pending
339
Disposed
1,184
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,388 | 174 | 302 |
| High courts | 122 | 46 | 29 |
| Supreme Court | 12 | 10 | 8 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 1,523)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4805-Others : Matters not falling under any other category.) | Filed by the company against Dhanuka Agritech Ltd and 3 others | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against Maxxgro Agrology Limited | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Vanasri Crop Care Pvt. Ltd. and Ors. | Pending |
| District court, Sikar, Rajasthan | Criminal case | Filed against the company | Pending |
| District court, Lakhimpur Kheri, Uttar Pradesh | Court case (Traffic Challan) | Filed against the company by State of Up | Pending |
To see the full case history of Crystal Crop Protection 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
Crystal Crop Protection Limited was last rated by Crisil on 13 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Oct 2020 |
To see the full credit ratings and regulatory alerts of Crystal Crop Protection Limited, buy the company report.
MSME payment delays
Crystal Crop Protection Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Richman Technocrats India Private Limited | |||
| an individual supplier | |||
| Radikale Engineering Private Limited | |||
| Envirozone Instruments and Equipments Private Limited |
To see the full MSME payment records of Crystal Crop Protection Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Crystal Crop Protection has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Nexus Crop Science Private Limited | U24129GJ2013PTC073828 | |
| Crystal Crop Techno Solutions Private Limited | U29253GJ2019PTC110942 | |
| Saffire Crop Science Private Limited | U74999DL2017PTC319908 |
To see the full group structure of Crystal Crop Protection Limited, buy the company report.
Employees & EPFO
Crystal Crop Protection Limited has a workforce of 1,262 employees on its EPFO records as of Sep 23, 2025, across 3 active EPFO establishments.
Employee count
1,262
Active EPFO establishments
3
Employee growth
-1.94%
GST
Crystal Crop Protection has 32 GST registrations: 25 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
32
Active
25
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCJ3574E1ZT | Gujarat | Active | 01 Jul 2017 |
| 24AABCJ3574E3ZR | Gujarat | Active | 11 Mar 2026 |
| 03AABCJ3574E1ZX | Punjab | Active | 01 Jul 2017 |
| 05AABCJ3574E1ZT | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Crystal Crop Protection Limited, buy the company report.
Recent activity
Crystal Crop Protection Limited has 36 board changes on record since 2007: 8 appointments and 28 cessations. The latest: Kavishwar Vitthalrao Kalambe ceased to be Additional Director on 11 Dec 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 311.90 Cr registered on 19 Jun 2026 with Charge ID 101331010 was modified on 25 Jun 2026.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 311.90 Cr with Charge ID 101331010 was registered on 19 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 167.25 Cr with Charge ID 101304401 was registered on 25 May 2026.
Ceased
Kavishwar Vitthalrao Kalambe ceased to be Additional Director.
Appointed
Kavishwar Vitthalrao Kalambe was appointed as Whole-Time Director.
AGM
Crystal Crop Protection Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Appointed
Kalim Mohammed Shah was appointed as Nominee Director.
Ceased
Kalim Mohammed Shah ceased to be Additional Director.
Filing
Crystal Crop Protection Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 75.00 Cr registered on 12 Sep 2024 with Charge ID 100978412 was modified on 14 Nov 2024.
Charges
A charge with Others of Rs. 75.00 Cr registered on 26 Apr 2014 with Charge ID 10500678 was modified on 16 Oct 2024.
Charges
A charge with Yes Bank Limited of Rs. 100.00 Cr registered on 25 Sep 2018 with Charge ID 100248184 was modified on 23 Sep 2024.
136 earlier events are in the company report.
News
Frequently asked questions
Crystal Crop Protection is an active public limited company based in Ellisbridge, Gujarat, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 13 July 1994 (32+ years old) and is registered under CIN U72100GJ1994PLC097033.
Crystal Crop Protection has 6 current directors:
- Ankur Aggarwal - Managing Director
- Anil Jain - Whole-Time Director
- Kavishwar Vitthalrao Kalambe - Whole-Time Director
- Chetan Rameshchandra Desai - Director
- Sangeeta Kapil Jit Singh - Director
- Sartaj Sewa Singh - Director
The latest financial statements of Crystal Crop Protection on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Crystal Crop Protection is 24AABCJ3574E1ZT, registered in Gujarat. The company has 32 GST registrations in all, of which 25 are active and 7 are cancelled or inactive. Other active GSTINs include 24AABCJ3574E3ZR (Gujarat), 03AABCJ3574E1ZX (Punjab), 05AABCJ3574E1ZT (Uttarakhand).
The CIN (Corporate Identification Number) of Crystal Crop Protection is U72100GJ1994PLC097033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crystal Crop Protection has 1,523 court cases on record: 1,293 filed by the company and 230 filed against it. 339 are pending. Most are in the district courts.
Crystal Crop Protection was incorporated on 13 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Crystal Crop Protection has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹450.94 Cr; the latest was in November 2023.
The peers of Crystal Crop Protection by revenue are Kribhco Fertilizers Limited, Greenstar Fertilizers Limited, Mangalore Chemicals and Fertilisers Limited, Nagarjuna Fertilizers and Chemicals Limited, Southern Petrochemical Industries Corporation Limited and 1 more, all in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kavishwar Vitthalrao Kalambe ceased to be Additional Director on 11 Dec 2025. Kavishwar Vitthalrao Kalambe was appointed as Whole-Time Director on 30 Nov 2025. Kalim Mohammed Shah was appointed as Nominee Director on 16 Jun 2025. Crystal Crop Protection has 36 board changes on record in total.
Crystal Crop Protection has 9 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 26 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Crystal Crop Protection can be reached through the website crystalcropprotection.com. Its registered office is in Ellisbridge, Gujarat, India.
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