Farmers Agrotech Private Limited
About Farmers Agrotech Private Limited
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Farmers Agrotech Private Limited is a private limited company based in Idar, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 11 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15499GJ2012PTC070276. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.36 Cr and a paid-up capital of ₹2.36 Cr. It is led by directors including Rajednra Mohanbhai Patel and Morarilal Pursottamdas Patel.
Its last annual general meeting (AGM) was held on 28 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Block No.496 Jaswantgadh(Deshottar) Off Idar – Valasna Highway, Gujarat, India – 383230.
As per the financials filed for FY 2015, the company reported a revenue of ₹9.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 19.5%) and EBITDA of ₹3.19 Cr (EBITDA margin 35.1%).
As per MCA filings, the company has open charges of ₹8.94 Cr and satisfied charges of ₹18.69 Cr on record. Court records list 15 cases involving the company, including 2 filed by the company and 13 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Farmers Agrotech Private Limited's registered office is in Idar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressBlock No.496 Jaswantgadh(Deshottar) Off Idar – Valasna Highway, Gujarat, India – 383230
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Farmers Agrotech 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 Farmers Agrotech Private Limited
FY 2015 filings availableFarmers Agrotech Private Limited reported revenue of ₹9.09 Cr (up 380% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 380% in the latest year. EBITDA rose 493% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹9.09 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹3.19 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.78 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 35.1% |
| Net Profit Margin | 19.5% |
| 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 Farmers Agrotech Private Limited, buy the company report.
Board of directors of Farmers Agrotech Private Limited
Farmers Agrotech has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajednra Mohanbhai Patel | Director | 11 May 2012 | 14 Years 6 Months | Current |
| Morarilal Pursottamdas Patel | Director | 11 May 2012 | 14 Years 6 Months | Current |
| Rajendrabhai Ramanbhai Patel | Director | 10 Nov 2012 | 14 Years 0 Months | Current |
| Pravinbhai Nathabhai Patel | Director | 11 May 2012 | 14 Years 6 Months | Current |
| Mohanbhai Chhaganbhai Patel | Director | 11 May 2012 | 14 Years 6 Months | Current |
| Pareshkumar Chhaganlal Patel | Director | 10 Nov 2012 | 14 Years 0 Months | Current |
Auditor
Farmers Agrotech Private Limited is audited by N N PATEL & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N N PATEL & ASSOCIATES | FY 2015 | 112972W |
Shareholding
The shareholding of Farmers Agrotech Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Farmers Agrotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2014 | 10540660 | Others | ₹8.94 Cr | Satisfied | |
| 14 Mar 2013 | 10418660 | Bank of India | ₹9.75 Cr | Satisfied |
To see the full charge records of Farmers Agrotech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Farmers Agrotech Private Limited has 15 court cases on record: 2 filed by Farmers Agrotech, 13 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against State of Gujarat and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Indian Overseas Bank | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Indian Overseas Bank | Disposed |
To see the full case history of Farmers Agrotech 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 Farmers Agrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Farmers Agrotech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Farmers Agrotech Private Limited, buy the company report.
Recent activity
Farmers Agrotech Private Limited has 6 board changes on record since 2012: 6 appointments. The latest: Pareshkumar Chhaganlal Patel was appointed as Director on 10 Nov 2012.
3 earlier events are in the company report.
Frequently asked questions
Farmers Agrotech is an active private limited company based in Idar, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 11 May 2012 (14+ years old) and is registered under CIN U15499GJ2012PTC070276.
Farmers Agrotech has 6 current directors:
- Rajednra Mohanbhai Patel - Director
- Morarilal Pursottamdas Patel - Director
- Rajendrabhai Ramanbhai Patel - Director
- Pravinbhai Nathabhai Patel - Director
- Mohanbhai Chhaganbhai Patel - Director
- Pareshkumar Chhaganlal Patel - Director
The latest financial statements of Farmers Agrotech on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 28 September 2015. Year-wise statements from 2015 are in the company report.
No. Farmers Agrotech has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Farmers Agrotech is U15499GJ2012PTC070276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farmers Agrotech has 15 court cases on record: 2 filed by the company and 13 filed against it. 1 is pending. Most are in the district courts.
Farmers Agrotech was incorporated on 11 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pareshkumar Chhaganlal Patel was appointed as Director on 10 Nov 2012. Rajendrabhai Ramanbhai Patel was appointed as Director on 10 Nov 2012. Mohanbhai Chhaganbhai Patel was appointed as Director on 11 May 2012. Farmers Agrotech has 6 board changes on record in total.
The registered office of Farmers Agrotech is at Block No.496 JaswantgadhDeshottar Off Idar – Valasna Highway, Gujarat, India – 383230.
Farmers Agrotech operates in the agriculture industry, in the agro retail and distribution segment.
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