Favorich Agro Private Limited

Favorich Agro Private Limited - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U15111KA1995PTC017441 Incorporated 24 March 1995 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company agriculture MSME · Micro
Data last updated
Revenue · FY 2022
₹1.15 Lakh
▼ 90% YoY
Net loss · FY 2022
₹84.41 Lakh
Latest filing
EBITDA · FY 2022
-₹58.56 Lakh
Latest filing
Authorised capital
₹10.57 Cr
Registered with MCA
Paid-up capital
₹95.4 Lakh
Issued & subscribed
Open charges
₹52.77 Cr
Satisfied ₹2.4 Cr
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Favorich Agro Private Limited

Data last updated:

Favorich Agro Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 24 March 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15111KA1995PTC017441. Its GSTIN is 29AAACF7721Q3Z0 (Karnataka). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10.57 Cr and a paid-up capital of ₹95.4 Lakh. It is led by directors including Vikas Biharilal Kukhreja and Cherukuru Jayadev Naidu.

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 No. 105 First Floor Embassy Square 148 Infantry Road, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.15 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹84.41 Lakh and EBITDA of -₹58.56 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 58% over five years.

As per MCA filings, the company has open charges of ₹52.77 Cr and satisfied charges of ₹2.4 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it.

Favorich Agro Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0099085). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website favorich.in.

Company details

CIN U15111KA1995PTC017441
Registration Number 017441
Incorporation Date 24 March 1995
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0099085

Recognitions & Rankings of Favorich Agro

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0099085

Contact details

Favorich Agro Private Limited's registered office is in Bangalore, Karnataka. Its website is favorich.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No. 105 First Floor Embassy Square 148 Infantry Road, Bangalore, Karnataka, India – 560001
  • Industry
    Agriculture, Agro Retail & Distribution

To see the full contact details of Favorich Agro Private Limited, buy the company report.

Comprehensive company report
Favorich Agro 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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Financials of Favorich Agro Private Limited

FY 2025 filings available

Favorich Agro Private Limited reported revenue of ₹1.15 Lakh (down 90% YoY) for FY 2022.

Revenue · FY 2022
₹1.15 Lakh ▼ 90%
Net loss · FY 2022
₹84.41 Lakh
EBITDA · FY 2022
-₹58.56 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 69%
5 years · compounded
▼ 58%

Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 90% fall 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.15 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹58.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹84.41 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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 Favorich Agro Private Limited, buy the company report.

Board of directors of Favorich Agro Private Limited

Favorich Agro has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikas Biharilal KukhrejaDirector15 Dec 20169 Years 10 MonthsCurrent
Cherukuru Jayadev NaiduDirector24 Mar 199531 Years 7 MonthsCurrent
Cherukuru Vishal NaiduAdditional Director27 Apr 200917 Years 6 MonthsCurrent

Auditor

Favorich Agro Private Limited is audited by G.PRABHAKAR for the financial year 2022.

Auditor firmFinancial yearFirm registration number
G.PRABHAKARFY 2022202645

Shareholding

The shareholding of Favorich Agro Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Favorich Agro Private Limited, buy the company report.

Charges & borrowings

Open charges
₹52.77 Cr
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Others₹30.10 Cr
Corporation Bank₹22.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Jul 2020100354832Others₹3.1 CrOpen
22 Jun 2020100375372Others₹3 CrOpen
15 Jun 2018100196496Others₹24 CrOpen
14 Feb 201410502667Corporation Bank₹2 CrOpen
19 Nov 201110318549Corporation Bank₹12 CrOpen

To see the full charge records of Favorich Agro Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Favorich Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Favorich Agro Private Limited has 2 active EPFO establishments as of Apr 08, 2024.

Active EPFO establishments
2

GST

Favorich Agro has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
29AAACF7721Q3Z0KarnatakaActive17 Sep 2017

To see the full GST registrations and return filing status of Favorich Agro Private Limited, buy the company report.

Recent activity

Favorich Agro Private Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Lavanya Jayadev ceased to be Director on 23 Jun 2018.

AGM
Favorich Agro Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Favorich Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 24.00 Cr registered on 15 Jun 2018 with Charge ID 100196496 was modified on 11 May 2022.
Charges
A charge with Others amounted to Rs. 3.10 Cr with Charge ID 100354832 was registered on 02 Jul 2020.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100375372 was registered on 22 Jun 2020.
Ceased
Lavanya Jayadev ceased to be Director.
Charges
A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100196496 was registered on 15 Jun 2018.
Ceased
Vikas Biharilal Kukhreja ceased to be Additional Director.
Appointed
Vikas Biharilal Kukhreja was appointed as Director.
Charges
A charge with Corporation Bank amounted to Rs. 2.00 Cr with Charge ID 10502667 was registered on 14 Feb 2014.
Charges
A charge with Corporation Bank of Rs. 8.67 Cr registered on 01 Oct 2009 with Charge ID 10180729 was modified on 09 Jun 2012.
Charges
A charge registered on 10 Jan 2009 via Charge ID 10140069 with Corporation Bank was fully satisfied on 22 May 2012.

8 earlier events are in the company report.

Frequently asked questions

Favorich Agro is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 24 March 1995 (31+ years old) and is registered under CIN U15111KA1995PTC017441.

Favorich Agro has 3 current directors:

The latest financial statements of Favorich Agro 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 Favorich Agro is 29AAACF7721Q3Z0, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Favorich Agro is U15111KA1995PTC017441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Favorich Agro has 11 court cases on record: 7 filed by the company and 4 filed against it. Most are in the district courts.

Favorich Agro was incorporated on 24 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.

Lavanya Jayadev ceased to be Director on 23 Jun 2018. Vikas Biharilal Kukhreja ceased to be Additional Director on 30 Sep 2017. Vikas Biharilal Kukhreja was appointed as Director on 15 Dec 2016. Favorich Agro has 7 board changes on record in total.

Yes, Favorich Agro is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0099085).

Favorich Agro can be reached through the website favorich.in. Its registered office is in Bangalore, Karnataka, India.