Excel Agri Business Private Limited
About Excel Agri Business Private Limited
Data last updated:
Excel Agri Business Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 25 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01403MP2008PTC020497. Its GSTIN is 23AABCE9411B1ZA (Madhya Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16.4 Lakh. It was formerly known as Excel Futures Private Limited. It is led by directors Shantilal Vaid and Vinod Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Saket Tower Fourth Floor 3A Ratlam Kothi A.B. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Cr. For the same year it recorded a net profit of ₹13.67 Cr and EBITDA of ₹14.72 Cr. Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹479.85 Cr and satisfied charges of ₹440.75 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Excel Agri Business has one previous CIN (Corporate Identification Number): U51101MP2008PTC020497. The current CIN is U01403MP2008PTC020497, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01403MP2008PTC020497 | Current |
| U51101MP2008PTC020497 | Previous |
Contact details
Excel Agri Business Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSaket Tower Fourth Floor 3A Ratlam Kothi A.B. Road, Indore, Madhya Pradesh, India – 452001
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Excel Agri Business 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
Financials of Excel Agri Business Private Limited
FY 2025 filings availableExcel Agri Business Private Limited reported revenue of ₹2.11 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years. EBITDA rose 323% 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 | ₹14.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.67 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 | |||||
| Net Profit Margin | |||||
| 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 Excel Agri Business Private Limited, buy the company report.
Board of directors of Excel Agri Business Private Limited
Excel Agri Business has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantilal Vaid Also directs: Unidrill Energy Private Limited, Yield Investment Private Limited, Super Construction (Indore) Private Limited and 3 more | Director | 15 Mar 2013 | 13 Years 7 Months | Current |
| Vinod Kumar Jain Also directs: Enzo Nature Foods Private Limited, Unidrill Energy Private Limited, Rajshree Power and Ispat Private Limited and 5 more | Director | 15 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Excel Agri Business Private Limited is audited by ASHOK KHASGIWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK KHASGIWALA & CO. | FY 2023 | 000743C |
Shareholding
The shareholding of Excel Agri Business Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Excel Agri Business Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2013 | 10420948 | Others | ₹255.85 Cr | Open | |
| 30 Mar 2012 | 10351106 | Others | ₹224 Cr | Open | |
| 25 Jan 2021 | 100413459 | Others | ₹15 Cr | Satisfied | |
| 29 Dec 2014 | 10544298 | Punjab National Bank | ₹35 Cr | Satisfied | |
| 07 Aug 2013 | 10446552 | Union Bank of India | ₹21.5 Cr | Satisfied |
To see the full charge records of Excel Agri Business Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Excel Agri Business Private Limited has 13 court cases on record: 3 filed by Excel Agri Business, 10 filed against it. 8 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 7 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed against the company by Resonance Eduventures Ltd Through Abhinav Gautam | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Resonance Eduventures Ltd. Through Its Authorized Representative Abhinav Gautam Office at CG Tower, A-46 and 52 Ipia, Near City Mall, Jhalawar Road, Kota ,Kota , Rajasthan | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed by the company against Resonance Eduventures Ltd. Through Ram Kishan Verma and 1 other | Disposed |
| District court, Ujjain, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Pending |
| District court, Ujjain, Madhya Pradesh | Court case (RCS A) | Filed against the company | Pending |
To see the full case history of Excel Agri Business 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 Excel Agri Business Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Excel Agri Business has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Excel Agri Business has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCE9411B1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excel Agri Business Private Limited, buy the company report.
Recent activity
Excel Agri Business Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Surendra Kumar Jain ceased to be Director on 18 Mar 2013.
18 earlier events are in the company report.
Frequently asked questions
Excel Agri Business is an active private limited company based in Indore, Madhya Pradesh, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 25 March 2008 (18+ years old) and is registered under CIN U01403MP2008PTC020497.
Excel Agri Business has 2 current directors:
- Shantilal Vaid - Director
- Vinod Kumar Jain - Director
The latest financial statements of Excel Agri Business on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Excel Agri Business is 23AABCE9411B1ZA, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Excel Agri Business is U01403MP2008PTC020497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Agri Business has 13 court cases on record: 3 filed by the company and 10 filed against it. 8 are pending. Most are in the district courts.
Excel Agri Business was incorporated on 25 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
Surendra Kumar Jain ceased to be Director on 18 Mar 2013. Shantilal Vaid was appointed as Director on 15 Mar 2013. Vishal Nahar ceased to be Director on 26 Sep 2011. Excel Agri Business has 5 board changes on record in total.
The registered office of Excel Agri Business is at Saket Tower Fourth Floor 3A Ratlam Kothi A.B. Road, Indore, Madhya Pradesh, India – 452001.
Excel Agri Business operates in the food and beverages industry, in the food and beverage retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
