Devgad Agro Foods Private Limited

Devgad Agro Foods Private Limited - food and beverages in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U01122PN2007PTC130866 Incorporated 19 October 2007 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company food and beverages MSME · Micro
Data last updated
Revenue · FY 2024
₹1.64 Cr
▼ 54% YoY
Net loss · FY 2024
₹39.65 Lakh
Net margin -24.2%
EBITDA · FY 2024
-₹8.79 Lakh
EBITDA margin -5.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.2 Cr
Satisfied ₹1.65 Cr
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings

About Devgad Agro Foods Private Limited

Data last updated:

Devgad Agro Foods Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 19 October 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U01122PN2007PTC130866. Its GSTIN is 27AADCD2045A1ZB (Maharashtra).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹20 Lakh. It is led by directors including Amey Avinash Chivate (Managing Director) and Vikram Mahadeo Zanjurne.

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 A7 Flat No.11 River View Resy Vadgaon Bk Nimbaj Nagar, Pune, Maharashtra, India – 411051.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.64 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹39.65 Lakh (net margin -24.2%) and EBITDA of -₹8.79 Lakh (EBITDA margin -5.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 20% over five years.

As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹1.65 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Devgad Agro Foods Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0102343). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devgadagro.com.

Company details

CIN U01122PN2007PTC130866
Registration Number 130866
Incorporation Date 19 October 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0102343
Key People
Amey Avinash Chivate Managing Director Vikram Mahadeo Zanjurne Director Abhijeet Appasaheb Zanjurne Director

Recognitions & Rankings of Devgad Agro Foods

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0102343

Contact details

Devgad Agro Foods Private Limited's registered office is in Pune, Maharashtra. Its website is devgadagro.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    devgadagro.com
  • Social Media
  • Registered Address
    A7 Flat No.11 River View Resy Vadgaon Bk Nimbaj Nagar, Pune, Maharashtra, India – 411051
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Devgad Agro Foods Private Limited, buy the company report.

Comprehensive company report
Devgad Agro Foods 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 Devgad Agro Foods is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry and fishing01Crop and animal production, hunting and related service activities

To see the full business activity and turnover split of Devgad Agro Foods Private Limited, buy the company report.

Financials of Devgad Agro Foods Private Limited

FY 2024 filings available

Devgad Agro Foods Private Limited reported revenue of ₹1.64 Cr (down 54% YoY) for FY 2024.

Revenue · FY 2024
₹1.64 Cr ▼ 54%
Net loss · FY 2024
₹39.65 Lakh margin -24.2%
EBITDA · FY 2024
-₹8.79 Lakh margin -5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 4%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▼ 126%
3 years · compounded
▼ 31%
5 years · compounded
▼ 17%

Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 54% fall in the latest year. EBITDA fell 126% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹8.79 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹39.65 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-5.4%
Net Profit Margin-24.2%
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 Devgad Agro Foods Private Limited, buy the company report.

Board of directors of Devgad Agro Foods Private Limited

Devgad Agro Foods has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amey Avinash ChivateManaging Director17 May 20179 Years 5 MonthsCurrent
Vikram Mahadeo Zanjurne
Also directs: Visu Proagro Exim Private Limited
Director03 Jan 20188 Years 9 MonthsCurrent
Abhijeet Appasaheb Zanjurne
Also directs: 3St Manufacturing Solutions Private Limited, Trustgrow Marketing and Engineering Private Limited
Director04 May 20179 Years 5 MonthsCurrent
View all directors

Auditor

Devgad Agro Foods Private Limited is audited by K B L & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K B L & COFY 2023138242W

Shareholding

The shareholding of Devgad Agro Foods Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Devgad Agro Foods Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.2 Cr
Satisfied charges
₹1.65 Cr
Breakdown by lending institutions
Others₹1.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Sep 2018100210568Others₹1.2 CrOpen
29 Dec 201010304660Bank of India₹1.65 CrSatisfied

To see the full charge records of Devgad Agro Foods Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

Devgad Agro Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCD2045A1ZBMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Devgad Agro Foods Private Limited, buy the company report.

Recent activity

Devgad Agro Foods Private Limited has 11 board changes on record since 2007: 7 appointments and 4 cessations. The latest: Ajita Chivate ceased to be Director on 20 Sep 2025.

Ceased
Ajita Chivate ceased to be Director.
Ceased
Rohit Yashwant Joshi ceased to be Director.
AGM
Devgad Agro Foods Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Devgad Agro Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Ajita Chivate was appointed as Director.
Appointed
Rohit Yashwant Joshi was appointed as Director.
Ceased
Asha Avinash Chivate ceased to be Director.
Ceased
Avinash Ramchandra Chivte ceased to be Director.
Charges
A charge registered on 29 Dec 2010 via Charge ID 10304660 with Bank Of India was fully satisfied on 15 Nov 2018.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100210568 was registered on 25 Sep 2018.
Appointed
Vikram Mahadeo Zanjurne was appointed as Director.
Appointed
Amey Avinash Chivate was appointed as Managing Director.

5 earlier events are in the company report.

Frequently asked questions

Devgad Agro Foods is an active private limited company based in Pune, Maharashtra, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 19 October 2007 (19+ years old) and is registered under CIN U01122PN2007PTC130866.

Devgad Agro Foods has 3 current directors:

The latest financial statements of Devgad Agro Foods 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 2015 are in the company report.

The GSTIN of Devgad Agro Foods is 27AADCD2045A1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Devgad Agro Foods is U01122PN2007PTC130866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devgad Agro Foods has 1 court case on record: 1 filed against it.

Devgad Agro Foods was incorporated on 19 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.

Ajita Chivate ceased to be Director on 20 Sep 2025. Rohit Yashwant Joshi ceased to be Director on 20 Sep 2025. Ajita Chivate was appointed as Director on 20 Apr 2019. Devgad Agro Foods has 11 board changes on record in total.

Yes, Devgad Agro Foods is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0102343).

Devgad Agro Foods can be reached through the website devgadagro.com. Its registered office is in Pune, Maharashtra, India.