Startup India Government of India
Farmhive Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.02 Cr
▲ 27812% YoY
Net loss · FY 2025
₹2.2 Cr
Net margin -216.8%
EBITDA · FY 2025
-₹2.16 Cr
EBITDA margin -212%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
14
Provident fund records
Directors on board
3
As per MCA filings
About Farmhive Private Limited
Data last updated:
Farmhive Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.
Its director Kishore Musale and family are #655 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH2019PTC321523. Its GSTIN is 27AAICC0311R1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Creativeslates Private Limited. It is led by directors including Salil Kishore Musale and Kishore Manohar Musale.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts 610 & 611 Makwana Road Marol Village Near Marol Fire Bridge, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.2 Cr (net margin -216.8%) and EBITDA of -₹2.16 Cr (EBITDA margin -212%).
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Farmhive. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in July 2021. Its 10 peer companies in the Agriculture industry (Corporate and Commercial Training, Fruits and Vegetables) are compared by revenue, 5 larger and 5 smaller; the largest is Virma Skills Private Limited with revenue of ₹1.02 Cr.
Farmhive Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0018707). For more details, the company can be reached via its website farmhive.in.
Company Details of Farmhive Private Limited
CIN U01100MH2019PTC321523
Registration Number 321523
Incorporation Date 20 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0018707
CIN History of Farmhive Private Limited
Farmhive has one previous CIN (Corporate Identification Number): U80902MH2019PTC321523. The current CIN is U01100MH2019PTC321523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH2019PTC321523 | Current |
| U80902MH2019PTC321523 | Previous |
Key People
Salil Kishore Musale Director Kishore Manohar Musale Director Sameer Kishore Musale Director Recognitions & Rankings of Farmhive
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0018707
Hurun India Rich List 2026 edition · 1 director
- #655 Kishore Musale & family ₹4,900 Cr
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCts 610 & 611 Makwana Road Marol Village Near Marol Fire Bridge, Mumbai, Maharashtra, India – 400059
- IndustryAgriculture, Horticulture & Produce
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Associated Brands with Farmhive Private Limited
Farmhive operates one associated brand: Farmhive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a marketplace platform for buying and selling fruits and vegetables. | farmhive.in |
Business Activity of Farmhive Private Limited
The main business activity of Farmhive is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Farmhive Private Limited FY 2025 filings available
Farmhive Private Limited reported revenue of ₹1.02 Cr (up 27812% YoY) for FY 2025.
Revenue · FY 2025
₹1.02 Cr ▲ 27812%
Net loss · FY 2025
₹2.2 Cr margin -216.8%
EBITDA · FY 2025
-₹2.16 Cr margin -212%
Financial Statement Summary of Farmhive Private Limited
| 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 | -₹2.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.2 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 of Farmhive Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -212% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -216.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Farmhive are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Farmhive Private Limited
Farmhive has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salil Kishore Musale Also directs: Bhoomi Mining Private Limited, Astarc Enterprises Private Limited, Naxnova Technologies Private Limited and 5 more | Director | 27 Jan 2020 | 6 Years 8 Months | Current |
| Kishore Manohar Musale Also directs: Bhoomi Mining Private Limited, Durabuild Technologies Private Limited, Classic Retail Imaging Solutions Private Limited and 5 more | Director | 27 Jan 2020 | 6 Years 8 Months | Current |
| Sameer Kishore Musale Also directs: Classic Retail Imaging Solutions Private Limited, Naxnova Technologies Private Limited, Astarc Power Private Limited and 5 more | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
Peer Comparison of Farmhive Private Limited
Farmhive Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Corporate and Commercial Training, Fruits and Vegetables). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Virma Skills Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Aligarh, Uttar Pradesh, India |
| Swataleem Foundation | ₹1.02 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Garden City Foundation Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 121.0% | •••• | Bangalore, Karnataka, India |
| Simandhar Education & Services Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Secunderabad, Telangana, India |
| Vepsun Technologies Private Limited | ₹1.02 Cr (FY 2021) | •••• | •••• | 462.0% | •••• | Bangalore, Karnataka, India |
| Farmhive Private Limited this company | ₹1.02 Cr (FY 2025) | •••• | •••• | 27812.0% | •••• | Mumbai, Maharashtra, India |
| Voxelworks Private Limited | ₹1.02 Cr (FY 2022) | •••• | •••• | •••• | Lalgudi, Tamil Nadu, India | |
| E-Ashram Ventures Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Hsna Education and Research Foundation | ₹1.02 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Lucknow, Uttar Pradesh, India |
| Earth Story Farms Private Limited | ₹1.01 Cr (FY 2025) | •••• | •••• | 221.0% | •••• | Kolkata, West Bengal, India |
| Usha Martin Education & Solutions Limited Listed | ₹1.01 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Farmhive by revenue in the Agriculture industry (Corporate and Commercial Training, Fruits and Vegetables), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Farmhive Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Farmhive Private Limited
Farmhive Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Farmhive Private Limited
Farmhive Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in July 2021.
Total deals
2
Secondary share transfer
1
Acquisition
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Acquisition | ₹4 Lakh | Buyer: an individual |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
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Full deal history
All 2 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.
Employees and EPFO Compliance at Farmhive Private Limited
Employment history and EPFO contributions of people linked to Farmhive.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Farmhive Private Limited
Farmhive Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Narendra Dnyandev Pawar ceased to be Director on 15 Mar 2022.
AGM
Farmhive Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Filing
Farmhive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Narendra Dnyandev Pawar ceased to be Director.
Ceased
Tejasvi Abhay Bongirwar ceased to be Director.
Appointed
Kishore Manohar Musale was appointed as Director.
Appointed
Salil Kishore Musale was appointed as Director.
Appointed
Sameer Kishore Musale was appointed as Director.
Incorporation
20 Feb 2019
Farmhive Private Limited was registered on 20 Feb 2019 with Roc Mumbai & aged 7 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Farmhive Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Farmhive Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Farmhive Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Farmhive Private Limited
Farmhive has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC0311R1ZJ | Maharashtra | Active | 30 May 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Farmhive Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Farmhive Private Limited
Farmhive is an active private limited company based in Mumbai, Maharashtra, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U01100MH2019PTC321523.
Farmhive reported revenue of ₹1.02 Cr for FY 2025 (up 27812% YoY).
Farmhive has 3 current directors:
- Salil Kishore Musale - Director
- Kishore Manohar Musale - Director
- Sameer Kishore Musale - Director
Farmhive reported a net loss of ₹2.2 Cr (net margin -216.8%) and EBITDA of -₹2.16 Cr (EBITDA margin -212%) for FY 2025, as per its filed financial statements.
The GSTIN of Farmhive is 27AAICC0311R1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Farmhive is U01100MH2019PTC321523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farmhive was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Farmhive has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in July 2021.
The peers of Farmhive by revenue are Virma Skills Private Limited, Swataleem Foundation, Garden City Foundation Private Limited, Simandhar Education & Services Private Limited, Vepsun Technologies Private Limited and 5 more, all in the Agriculture industry (Corporate and Commercial Training, Fruits and Vegetables).
Narendra Dnyandev Pawar ceased to be Director on 15 Mar 2022. Tejasvi Abhay Bongirwar ceased to be Director on 20 Feb 2020. Kishore Manohar Musale was appointed as Director on 27 Jan 2020. Farmhive has 5 board changes on record in total.
Yes, Farmhive is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).