MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0191088
Farmtheory Private Limited - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.37 Cr
▲ 8% YoY
Net loss · FY 2024
₹3.35 Cr
Net margin -15.7%
EBITDA · FY 2024
-₹2.9 Cr
EBITDA margin -13.6%
Authorised capital
₹1.08 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
33
Provident fund records
About Farmtheory Private Limited
Data last updated:
Farmtheory Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Farm Theory Inc. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2019FTC131014. Its GSTIN is 29AADCF9628F1ZC (Karnataka).
The company has an authorised share capital of ₹1.08 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors Arpit Agarwal and Sakshi Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor No. 02 3rd Cross 8th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.37 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹3.35 Cr (net margin -15.7%) and EBITDA of -₹2.9 Cr (EBITDA margin -13.6%). Revenue has grown at a compounded annual rate (CAGR) of 154% over three years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FarmTheory. As per MCA filings, the company has open charges of ₹2 Cr on record. The company has 5 deals on record (3 rights issues, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹3.01 Cr; the latest was in April 2023. Its 5 peer companies in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Deccan Edibles Private Limited with revenue of ₹21.44 Cr.
Farmtheory Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0191088). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farmtheory.in.
Company details
CIN U51909KA2019FTC131014
Registration Number 131014
Incorporation Date 25 December 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Farm Theory Inc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0191088
Key People
Arpit Agarwal Director Sakshi Agarwal Director Recognitions & Rankings of Farmtheory
Contact details
Farmtheory Private Limited's registered office is in Bangalore, Karnataka. Its website is farmtheory.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor No. 02 3rd Cross 8th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Farmtheory Private Limited, buy the company report.
Comprehensive company report
Farmtheory Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Farmtheory operates one associated brand: FarmTheory. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for procuring fruits and vegetables directly from farmers | farmtheory.in |
Business activity
The main business activity of Farmtheory is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Farmtheory Private Limited, buy the company report.
Financials of Farmtheory Private Limited
FY 2024 filings availableFarmtheory Private Limited reported revenue of ₹21.37 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹21.37 Cr ▲ 8%
Net loss · FY 2024
₹3.35 Cr margin -15.7%
EBITDA · FY 2024
-₹2.9 Cr margin -13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 154%
EBITDA CAGR growth
1 year
▼ 100%
3 years · compounded
▼ 82%
Revenue has grown at a compounded annual rate (CAGR) of 154% over three years, including 8% growth in the latest year. EBITDA fell 100% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.9 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹3.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.6% | ||||
| Net Profit Margin | -15.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Farmtheory Private Limited, buy the company report.
Board of directors of Farmtheory Private Limited
Farmtheory has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Agarwal Also directs: Livingtheory Technologies Private Limited | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
| Sakshi Agarwal | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Farmtheory Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deccan Edibles Private Limited | ₹21.44 Cr (FY 2022) | 40.0% | Mumbai, Maharashtra, India | |||
| Panther Commosales Private Limited | ₹21.4 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Agroes Services Private Limited | ₹21.39 Cr (FY 2024) | 60.0% | Raichur, Karnataka, India | |||
| Farmtheory Private Limitedthis company | ₹21.37 Cr (FY 2024) | -₹3.35 Cr | -15.7% | 8.0% | 33 | Bangalore, Karnataka, India |
| Toshan Seeds Private Limited | ₹21.29 Cr (FY 2024) | -4.0% | Gandhinagar, Gujarat, India | |||
| Asharaj Agri Products Private Limited | ₹21.28 Cr (FY 2025) | -32.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Farmtheory Private Limited, buy the company report.
Auditor
Farmtheory Private Limited is audited by Vikram Choudhary & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vikram Choudhary & CO. | FY 2023 | 030965C |
Shareholding
The shareholding of Farmtheory Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Farmtheory Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2023 | 100694132 | Yes Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Farmtheory Private Limited has 5 deals on record (3 rights issues, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹3.01 Cr; the latest was in April 2023.
Total deals
5
Rights issues
3
Funding round
1
Convertible or debt financing
1
Disclosed funding
₹3.01 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Rights issue | ₹1.13 Cr | Investors: Farmtheory Inc |
| Oct 2022 | Rights issue | ₹1.75 Cr | Investors: Farmtheory Inc |
| Apr 2021 | Funding round | ₹1.79 Cr | Investors: Ridhansh Advisors Private Limited, 3 individuals |
| Feb 2020 | Rights issue | ₹96.3 Lakh | Investors: Farmtheory Inc |
To see the full deal history of Farmtheory Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Farmtheory Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Farmtheory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Farmtheory Private Limited has a workforce of 33 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
17.86%
GST
Farmtheory has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF9628F1ZC | Karnataka | Active | 14 Mar 2020 |
To see the full GST registrations and return filing status of Farmtheory Private Limited, buy the company report.
Recent activity
Farmtheory Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Arpit Agarwal was appointed as Director on 25 Dec 2019.
AGM
Farmtheory Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Farmtheory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Yes Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100694132 was registered on 07 Mar 2023.
Appointed
Arpit Agarwal was appointed as Director.
Appointed
Sakshi Agarwal was appointed as Director.
Incorporation
25 Dec 2019
Farmtheory Private Limited was registered on 25 Dec 2019 with Roc Bangalore & aged 6 years 10 months as per MCA records.
Frequently asked questions
Farmtheory is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U51909KA2019FTC131014.
Farmtheory has 2 current directors:
- Arpit Agarwal - Director
- Sakshi Agarwal - Director
The latest financial statements of Farmtheory on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Farmtheory is 29AADCF9628F1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Farmtheory is U51909KA2019FTC131014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farmtheory was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Farmtheory has 5 deals on record (3 rights issues, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹3.01 Cr; the latest was in April 2023.
The peers of Farmtheory by revenue are Deccan Edibles Private Limited, Panther Commosales Private Limited, Agroes Services Private Limited, Toshan Seeds Private Limited, Asharaj Agri Products Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Arpit Agarwal was appointed as Director on 25 Dec 2019. Sakshi Agarwal was appointed as Director on 25 Dec 2019.
Yes, Farmtheory is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0191088).
Farmtheory can be reached through the website farmtheory.in. Its registered office is in Bangalore, Karnataka, India.