Dollex Agrotech Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN L15311MP2013PLC030914 Incorporated 10 June 2013 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Listed Public Limited Company agriculture
Data last updated
Market Cap
₹149 Cr
DOLLEX · NSE
Share Price
₹37.16
-0.13% today
Revenue
₹225 Cr
FY 2025-26 · -5.2% YoY
EBITDA
₹17.04 Cr
Margin 7.6%
Net Profit
₹8.41 Cr
FY 2025-26 · +1.3% YoY
P/E (TTM)
18.9x
P/B 1.2x
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹39.95 Cr
Issued & subscribed

About Dollex Agrotech Limited

Data last updated:

Dollex Agrotech Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 10 June 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L15311MP2013PLC030914. Its GSTIN is 23AAECD6750B1Z4 (Madhya Pradesh). It is a listed company.

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹39.95 Cr. It was formerly known as Dollex Agrotech Private Limited. It is led by directors including Mehmood Khan (Managing Director) and Munni Khan (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 205 Naroli Arcade 19/1 Manorama Ganj Palasia Square, Indore, Madhya Pradesh, India – 452001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹225.16 Cr, a decline of 5.2% compared to the previous year. For the same year it recorded a net profit of ₹8.41 Cr (net margin 3.7%) and EBITDA of ₹17.04 Cr (EBITDA margin 7.6%). The net worth stands at ₹123.98 Cr (up 87.5% YoY). Total assets are valued at ₹288.94 Cr (up 21.4% YoY).

The company has about 4 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Dollex Agrotech. As per MCA filings, the company has open charges of ₹135.45 Cr and satisfied charges of ₹38.95 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 7 deals on record (3 rights issues, 2 funding rounds, 1 ipo), with disclosed funding of ₹12.83 Cr; the latest was in May 2025. Its 10 peer companies in the Agriculture industry (Sugar) are compared by revenue, 5 larger and 5 smaller; the largest is Gokul Sugar Industries Limited with revenue of ₹256.28 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 4 overdue payments to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dollex.in.

Company Details of Dollex Agrotech Limited
CIN L15311MP2013PLC030914
Registration Number 030914
Incorporation Date 10 June 2013
ROC Gwalior
Listing Status Listed
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    205 Naroli Arcade 19/1 Manorama Ganj Palasia Square, Indore, Madhya Pradesh, India – 452001
  • Industry
    Agriculture, Sugar Processing
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Financials, compliance, directors, charges, ownership and filings for Dollex Agrotech Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Dollex Agrotech Limited

The main business activities of Dollex Agrotech are manufacturing and trade. In detail, this covers food, beverages and tobacco products and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC1Food, beverages and tobacco productsLocked
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Dollex Agrotech Limited FY 2025-26 filings available

Dollex Agrotech Limited reported revenue of ₹225.16 Cr (down 5.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹225 Cr
-5.2% YoY
EBITDA
₹17.04 Cr
+4.3% YoY
Profit After Tax
₹8.41 Cr
+1.3% YoY
Net Worth
₹124 Cr
+87.5% YoY
Total Assets
₹289 Cr
+21.4% YoY
Total Debt
₹165 Cr
-4.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue22523713511079.4077.1925.29
Revenue growth-5.2%+75.2%+22.7%+39.1%+2.9%+205.2%-
EBITDA17.0416.3413.9912.838.796.714.41
EBITDA margin+7.6%+6.9%+10.3%+11.6%+11.1%+8.7%+17.4%
Profit before tax10.6210.518.127.964.252.641.30
Net profit8.418.307.026.103.411.550.59
Net profit margin+3.7%+3.5%+5.2%+5.5%+4.3%+2.0%+2.3%
EPS (₹)2.273.322.812.451.630.840.58
Balance sheet
Total assets28923816392.9771.5574.0264.14
Net worth12466.1257.8449.9926.5023.2311.55
Total debt16517210542.9245.0150.2652.06
Cash & bank1.900.819.961.065.662.65(1.48)
Net working capital13212384.1252.7330.9426.8912.50
Cash flow
Cash from operations(6.75)(25.09)(43.44)(20.09)10.350.24(9.21)
Cash from investing(30.99)(47.22)(6.81)2.932.62(2.12)(8.36)
Cash from financing38.8363.1659.1612.56(9.96)6.0215.39
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue39.9510927.2353.1236.2111937.9943.03
Revenue growth (YoY)+10.3%-8.5%-28.3%+23.5%-4.1%---
Other income0.000.030.000.230.010.010.010.01
Total expenses36.5410123.6451.0132.6911634.6042.48
EBITDA3.417.813.592.113.522.793.390.55
EBITDA margin+8.5%+7.2%+13.2%+4.0%+9.7%+2.4%+8.9%+1.3%
Depreciation0.780.740.770.780.710.630.640.62
Interest0.860.851.080.940.831.180.650.68
Profit before tax1.776.251.740.621.990.992.11(0.74)
Tax0.501.620.080.260.250.82(0.08)(0.14)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue39.9510927.2353.1236.2111937.9943.03
Revenue growth (YoY)+10.3%-8.5%-28.3%+23.5%-4.1%---
Other income0.000.030.000.230.010.010.010.01
Total expenses36.5410123.6451.0132.6911634.6042.48
EBITDA3.417.813.592.113.522.793.390.55
EBITDA margin+8.5%+7.2%+13.2%+4.0%+9.7%+2.4%+8.9%+1.3%
Depreciation0.780.740.770.780.710.630.640.62
Interest0.860.851.080.940.831.180.650.68
Profit before tax1.776.251.740.621.990.992.11(0.74)
Tax0.501.620.080.260.250.82(0.08)(0.14)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue22523713511079.4077.1925.29
Revenue growth-5.2%+75.2%+22.7%+39.1%+2.9%+205.2%-
Other income0.270.030.170.100.220.510.61
Total expenses20822112297.6270.6170.4820.88
Employee cost0.004.502.091.981.412.021.59
EBITDA17.0416.3413.9912.838.796.714.41
EBITDA margin+7.6%+6.9%+10.3%+11.6%+11.1%+8.7%+17.4%
Depreciation2.992.522.832.522.272.401.87
Interest3.703.343.212.452.492.181.85
Profit before tax10.6210.518.127.964.252.641.30
Tax2.212.211.101.860.980.950.72
Net profit8.418.307.026.103.411.550.59
Net profit margin+3.7%+3.5%+5.2%+5.5%+4.3%+2.0%+2.3%
EPS (₹)2.273.322.812.451.630.840.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital39.9524.9724.9724.9720.0020.0010.00
Reserves & surplus84.0341.1532.8725.026.503.231.55
Shareholders' funds (net worth)12466.1257.8449.9926.5023.2311.55
Secured loans11111675.7024.6222.7923.9618.42
Unsecured loans54.3455.6529.5818.3022.2226.3033.64
Total debt16517210542.9245.0150.2652.06
Total liabilities28923816392.9771.5574.0264.14
Assets
Gross block44.3543.9743.9343.9446.3948.8747.82
Net block26.5929.2031.6834.5139.4844.2245.57
Capital work in progress85.6054.967.750.731.051.080.00
Investments0.000.000.000.000.000.000.00
Inventories97.3714616210138.4340.1929.40
Sundry debtors11513.5813.5719.0520.504.831.09
Cash & bank balances1.900.819.961.065.662.65(1.48)
Loans & advances41.825.393.223.805.818.377.32
Total current assets25616618912570.4056.0436.33
Total current liabilities12442.8810572.4339.4629.1523.83
Net working capital13212384.1252.7330.9426.8912.50
Total assets28923816392.9771.5574.0264.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.819.961.065.662.66(1.48)0.70
Net cash from operating activities(6.75)(25.09)(43.44)(20.09)10.350.24(9.21)
Net cash from investing activities(30.99)(47.22)(6.81)2.932.62(2.12)(8.36)
Net cash from financing activities38.8363.1659.1612.56(9.96)6.0215.39
Net change in cash1.09(9.15)8.90(4.60)3.004.14(2.18)
Closing cash1.900.819.961.065.662.65(1.48)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-5.2%+75.2%+22.7%+39.1%+2.9%+205.2%-
EBITDA growth+4.3%+16.8%+9.0%+46.0%+31.0%+52.2%-
PBT growth+1.1%+29.4%+2.0%+87.3%+61.0%+103.1%+3.2%
Net income growth+1.3%+18.2%+15.1%+78.9%+120.0%+162.7%-
Revenue CAGR (3Y)+26.8%+44.1%+20.6%+63.5%+62.8%--
EBITDA CAGR (3Y)+9.9%+23.0%+27.8%+42.8%+71.9%--
Profitability & leverage
Net income margin+3.7%+3.5%+5.2%+5.5%+4.1%+2.2%+2.3%
Return on capital employed-+6.9%+8.8%+12.7%+9.3%+7.0%+5.8%
Return on net worth-+13.4%+13.0%+16.0%+13.2%+9.6%+6.6%
Debt / equity-2.241.371.151.922.943.47
Long-term debt / equity-1.420.810.561.392.753.33
Interest cover26.3324.1728.7623.7638.1950.5872.83
Efficiency & per share
Fixed asset turnover-5.403.082.451.671.600.66
Inventory turnover-1.541.031.582.022.221.10
Debtors turnover-17.498.315.596.2726.0846.40
EPS (₹)2.273.322.812.451.630.840.58
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0026.4823.1720.0213.2511.6111.55
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Peer Comparison of Dollex Agrotech Limited

Dollex Agrotech Limited is compared with the companies closest to it by revenue in the Agriculture industry (Sugar). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gokul Sugar Industries Limited₹256.28 Cr (FY 2023)••••••••6.0%••••Solapur, Maharashtra, India
Gokak Sugars Limited₹253.26 Cr (FY 2025)••••••••34.0%••••Belgaum, Karnataka, India
Autade Sugar and Distilleries Private Limited₹244.95 Cr (FY 2025)••••••••6.0%••••Pune, Maharashtra, India
Majhaulia Sugar Industries Private Limited₹244.92 Cr (FY 2021)••••••••7.0%••••Kolkata, West Bengal, India
Shree Basaveshwar Sugars Limited₹241.94 Cr (FY 2025)••••••••-28.0%••••Bijapur, Karnataka, India
Sitson India Limited₹234.67 Cr (FY 2025)••••••••-12.0%••••Dombivli, Maharashtra, India
Dhanalakshmi Srinivasan Sugars Private Limited₹232.47 Cr (FY 2024)••••••••-10.0%••••Tirunelveli, Tamil Nadu, India
Naraingarh Sugar Mills Limited Listed₹229.19 Cr (FY 2024)••••••••3.0%••••Ambala, Haryana, India
Dollex Agrotech Limited this company₹225.16 Cr (FY 2026)••••••••-5.2%••••Indore, Madhya Pradesh, India
Atharv Intertrade Private Limited₹224.02 Cr (FY 2024)••••••••39.0%••••Sindhudurg, Maharashtra, India
Sangamnath Sugars Limited₹221.59 Cr (FY 2025)••••••••-24.0%••••Gadag, Karnataka, India

Peers are the five companies nearest above and the five nearest below Dollex Agrotech by revenue in the Agriculture industry (Sugar), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Dollex Agrotech Limited

Dollex Agrotech Limited is audited by A.K AGRAWAL & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
A.K AGRAWAL & ASSOCIATESLockedLockedLocked
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Board of Directors of Dollex Agrotech Limited

Dollex Agrotech has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Munni KhanWhole-Time Director19 Dec 20187 Years 9 MonthsCurrent
Mehmood KhanManaging Director01 Apr 20179 Years 6 MonthsCurrent
Ruchi SoganiDirector01 Jun 20224 Years 4 MonthsCurrent
Praveen Kumar JainDirector13 Aug 20251 Years 1 MonthsCurrent
Nadeem KhanDirector13 Feb 20260 Years 7 MonthsCurrent
Narendra GuptaAdditional Director30 May 20260 Years 4 MonthsCurrent

Shareholding Pattern of Dollex Agrotech Limited

Shareholding for the quarter ended Sep 2026: promoters hold 54.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 45.80%.

Promoters: 54.20%Retail & Others: 45.80%
Sep 2026
QUARTER
54.20% Promoters
45.80% Retail & Others
Promoter holding - history
Now 54.20% · Sep 2026High 54.20% · Dec 2025Low 54.20% · Dec 2025
53%53.8%54.5%55.3%56%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 54.20%Mar 2026: 54.20%Jun 2026: 54.20%Sep 2026: 54.20%54.20%54.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters54.20%54.20%54.20%54.20%
Public45.80%45.80%45.80%45.80%

Charges & Borrowings of Dollex Agrotech Limited

Open charges
₹135.45 Cr
Satisfied charges
₹38.95 Cr
Breakdown by lending institutions
Others₹87.57 Cr
Canara Bank₹37.37 Cr
State Bank of India₹7.10 Cr
Axis Bank Limited₹3.41 Cr
Latest charge details
DateLenderAmountStatus
16 Apr 2026Others₹28 LakhOpen
26 Jun 2025Canara Bank₹21.5 LakhOpen
15 Apr 2025Canara Bank₹9.5 LakhOpen
15 Apr 2025Canara Bank₹9.5 LakhOpen
15 Apr 2025Canara Bank₹9.5 LakhOpen

Total charge records: 20 View all charges

Deals & Funding of Dollex Agrotech Limited

Dollex Agrotech Limited has 7 deals on record (3 rights issues, 2 funding rounds, 1 ipo), with disclosed funding of ₹12.83 Cr; the latest was in May 2025.

Total deals
7
Rights issues
3
Funding rounds
2
IPO
1
Secondary share transfer
1
Disclosed funding
₹12.83 Cr

Deals on record (5 of 7)

WhenDealAmountParties
May 2025Rights issue₹49.44 CrInvestors: Rights Issue Shareholders - Dollex Agrotech Limited
Dec 2022IPO₹24.39 CrInvestors: IPO - Dollex Agrotech Limited, Nikunj Stock Brokers Limited , 2 individuals
Seller: Marium Leasing and Investment Pvt Ltd
May 2021Secondary share transferUndisclosedBuyer: an individual
Seller: Ninth Mile Recreation Private Limited
Dec 2020Funding round₹10 CrInvestors: R R Khan Tanker Private Limited, Ninth Mile Recreation Private Limited , 2 individuals
Oct 2017Funding round₹2.83 CrInvestors: Marium Leasing and Investment Pvt Ltd , Ninth Mile Recreation Private Limited , 2 individuals
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All 7 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Dollex Agrotech Limited

Dollex Agrotech Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
N K Organic Inorganic Industries Private Limited••••••••••••
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Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Dollex Agrotech Limited

Dollex Agrotech operates one associated brand: Dollex Agrotech. Each brand links to its own profile.

BrandDescriptionWebsite
Sugar manufacturing and processing services are provided in India.dollex.in

Employees and EPFO Compliance at Dollex Agrotech Limited

Dollex Agrotech Limited has a workforce of 4 employees as of Apr 06, 2024.

Employee count
4
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Dollex Agrotech Limited

Dollex Agrotech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15311MP2013PLC030914, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L15311MP2013PLC030914Current
U15311MP2013PTC030914Previous
U15311MP2013PLC030914Previous

News related to Dollex Agrotech Limited

Recent Activity on Dollex Agrotech Limited

Dollex Agrotech Limited has 23 board changes on record since 2013: 15 appointments and 8 cessations. The latest: Narendra Gupta was appointed as Additional Director on 30 May 2026.

Appointed
Narendra Gupta was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 101286687 was registered on 16 Apr 2026.
Appointed
Nadeem Khan was appointed as Director.
AGM
Dollex Agrotech Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Anis Khan was appointed as CEO.
Appointed
Praveen Kumar Jain was appointed as Director.
Ceased
Vijai Singh Bharaktiya ceased to be Director.
Charges
A charge with Others of Rs. 86.68 Cr registered on 06 Dec 2023 with Charge ID 100826253 was modified on 08 Jul 2025.
Charges
A charge with Canara Bank amounted to Rs. 0.22 Cr with Charge ID 101124607 was registered on 26 Jun 2025.
Ceased
Khusro Nisar ceased to be Director.
Ceased
Manish Joshi ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.10 Cr with Charge ID 101091646 was registered on 15 Apr 2025.

42 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Dollex Agrotech Limited

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Subsidiaries & Group Companies of Dollex Agrotech Limited

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GST Compliance of Dollex Agrotech Limited

Dollex Agrotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAECD6750B1Z4Madhya PradeshActive01 Jul 2017
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MCA Filings & Documents of Dollex Agrotech Limited

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MCA filings and documents

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Frequently Asked Questions about Dollex Agrotech Limited

Dollex Agrotech is an active public limited company based in Indore, Madhya Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 10 June 2013 (13+ years old) and is registered under CIN L15311MP2013PLC030914.

Dollex Agrotech reported revenue of ₹225.16 Cr for FY 2025-26 (down 5.2% YoY) based on standalone financials.

Dollex Agrotech has 6 current directors:

The GSTIN of Dollex Agrotech is 23AAECD6750B1Z4, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Dollex Agrotech is L15311MP2013PLC030914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Dollex Agrotech is a listed company.

Dollex Agrotech has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Dollex Agrotech was incorporated on 10 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Gwalior.

Dollex Agrotech has 7 deals on record (3 rights issues, 2 funding rounds, 1 ipo), with disclosed funding of ₹12.83 Cr; the latest was in May 2025.

The peers of Dollex Agrotech by revenue are Gokul Sugar Industries Limited, Gokak Sugars Limited, Autade Sugar and Distilleries Private Limited, Majhaulia Sugar Industries Private Limited, Shree Basaveshwar Sugars Limited and 5 more, all in the Agriculture industry (Sugar).

Narendra Gupta was appointed as Additional Director on 30 May 2026. Nadeem Khan was appointed as Director on 13 Feb 2026. Anis Khan was appointed as CEO on 25 Aug 2025. Dollex Agrotech has 23 board changes on record in total.

Dollex Agrotech has 4 MSME Form 1 returns on record between 2022 and 2024, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.

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