About Divya Agro Chem Private Limited
Data last updated:
Divya Agro Chem Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the crop protection segment of the agriculture sector. It was incorporated on 28 May 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24219MH2009PTC192776. Its GSTIN is 27AAHCA7533Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Ashish Agro Chem Private Limited. It is led by directors including Pravin Rameshwar Navandar (Irp/Rp/Liquidator) and Divya Paresh Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.07 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹5.96 Cr (net margin -65.7%) and EBITDA of -₹4.76 Cr (EBITDA margin -52.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 17% over five years.
The company is associated with 1 brand: Divya Agrochem. As per MCA filings, the company has open charges of ₹16.24 Cr and satisfied charges of ₹7.25 Cr on record. Court records list 38 cases involving the company, including 2 filed by the company and 36 filed against it; 12 cases are pending.
The last known website on record is divyaagrochem.com.
Company details
Contact details
Divya Agro Chem Private Limited's registered office is in Mumbai, Maharashtra. Its website is divyaagrochem.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address9 Queens Lawn Premises Chs Ltd S V Road Plot No 967 Opp Sony Mony Vile, Parle West, Mumbai, Maharashtra, India – 400056
- IndustryAgriculture, Crop Protection
To see the full contact details of Divya Agro Chem Private Limited, buy the company report.
- 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
Brands
Divya Agro Chem operates one associated brand: Divya Agrochem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of pesticides | divyaagrochem.com |
Business activity
The main business activity of Divya Agro Chem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
To see the full business activity and turnover split of Divya Agro Chem Private Limited, buy the company report.
Financials of Divya Agro Chem Private Limited
FY 2019 filings availableDivya Agro Chem Private Limited reported revenue of ₹9.07 Cr (down 26% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 428% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.96 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52.5% | ||||
| Net Profit Margin | -65.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Divya Agro Chem Private Limited, buy the company report.
Board of directors of Divya Agro Chem Private Limited
Divya Agro Chem has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Rameshwar Navandar | Irp/Rp/Liquidator | 24 Jan 2024 | 2 Years 9 Months | As last reported |
| Divya Paresh Shah | Director | 19 May 2013 | 13 Years 5 Months | As last reported |
| Paresh Bakul Shah | Director | 28 May 2009 | 17 Years 5 Months | As last reported |
Peer comparison
Divya Agro Chem Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Pesticides), 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 |
|---|---|---|---|---|---|---|
| Arihant Agri Science Private Limited | ₹9.14 Cr (FY 2025) | 23.0% | Panoli, Gujarat, India | |||
| Anmol Biotech Private Limited | ₹9.13 Cr (FY 2025) | 30.0% | Rajkot, Gujarat, India | |||
| Vallabh Bio Science Private Limited | ₹9.12 Cr (FY 2025) | 73.0% | Rohtalav, Gujarat, India | |||
| Divya Agro Chem Private Limitedthis company | ₹9.07 Cr (FY 2019) | -₹5.96 Cr | -65.7% | -26.0% | Mumbai, Maharashtra, India | |
| Alpha Fertilizer (India) Private Limited | ₹8.88 Cr (FY 2024) | -15.0% | Delhi, India | |||
| Astir Agri Chem Private Limited | ₹8.8 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Divya Agro Chem Private Limited, buy the company report.
Auditor
Divya Agro Chem Private Limited is audited by SHYAM C AGRAWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAM C AGRAWAL & CO | FY 2019 | 110243W |
Shareholding
The shareholding of Divya Agro Chem Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Divya Agro Chem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2017 | 100117808 | Others | ₹4.67 Cr | Open | |
| 28 Jul 2017 | 100117810 | Others | ₹7.57 Cr | Open | |
| 27 Aug 2015 | 10593337 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 10 Oct 2014 | 10528030 | Bank of Baroda | ₹3 Cr | Satisfied | |
| 09 Aug 2014 | 10516588 | Bank of Baroda | ₹3 Cr | Satisfied |
To see the full charge records of Divya Agro Chem Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Divya Agro Chem Private Limited has 38 court cases on record: 2 filed by Divya Agro Chem, 36 filed against it. 12 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 28 | 6 |
| High courts | 8 | 6 | 6 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Trent Hypermarket Pvt. Ltd. Through Samir Pradhan | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Trent Hypermarket Pvt. Ltd. Through Samir Pradhan | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Tci Express Ltd | Pending |
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed against the company by Vimal Crop Care Pvt.Ltd. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Tci Express Ltd | Disposed |
To see the full case history of Divya Agro Chem 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Divya Agro Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Divya Agro Chem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA7533Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Divya Agro Chem Private Limited, buy the company report.
Recent activity
Divya Agro Chem Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Pravin Rameshwar Navandar was appointed as Irp/Rp/Liquidator on 24 Jan 2024.
11 earlier events are in the company report.
Frequently asked questions
Divya Agro Chem is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Divya Agro Chem is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in crop protection, within the agriculture industry. It was incorporated on 28 May 2009 and is registered under CIN U24219MH2009PTC192776. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Divya Agro Chem has 3 current directors:
- Divya Paresh Shah - Director
- Paresh Bakul Shah - Director
- Pravin Rameshwar Navandar - Irp/Rp/Liquidator
The latest financial statements of Divya Agro Chem on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Divya Agro Chem is U24219MH2009PTC192776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divya Agro Chem has open charges of ₹16.24 Cr and satisfied charges of ₹7.25 Cr as per latest MCA filings.
Divya Agro Chem has 38 court cases on record: 2 filed by the company and 36 filed against it. 12 are pending. Most are in the district courts.
Divya Agro Chem was incorporated on 28 May 2009. It is registered with the Registrar of Companies, Mumbai.
The peers of Divya Agro Chem by revenue are Arihant Agri Science Private Limited, Anmol Biotech Private Limited, Vallabh Bio Science Private Limited, Alpha Fertilizer (India) Private Limited, Astir Agri Chem Private Limited, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Pravin Rameshwar Navandar was appointed as Irp/Rp/Liquidator on 24 Jan 2024. Ashish Bakul Shah ceased to be Director on 20 May 2013. Divya Paresh Shah was appointed as Director on 19 May 2013. Divya Agro Chem has 4 board changes on record in total.
Divya Agro Chem can be reached through the website divyaagrochem.com. Its registered office is in Mumbai, Maharashtra, India.