- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0099085

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
Recognitions & Rankings of Favorich Agro
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
- Website
- Social Media
- Registered AddressNo. 105 First Floor Embassy Square 148 Infantry Road, Bangalore, Karnataka, India – 560001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Favorich Agro 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 Favorich Agro Private Limited
FY 2025 filings availableFavorich Agro Private Limited reported revenue of ₹1.15 Lakh (down 90% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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 | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Biharilal Kukhreja | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
| Cherukuru Jayadev Naidu Also directs: B3 Juicery Private Limited, Favorich Infra Private Limited, JDV Infraone Private Limited and 2 more | Director | 24 Mar 1995 | 31 Years 7 Months | Current |
| Cherukuru Vishal Naidu Also directs: Favorich Infra Private Limited, JDV Infraone Private Limited, JDV Holdings Private Limited and 3 more | Additional Director | 27 Apr 2009 | 17 Years 6 Months | Current |
Auditor
Favorich Agro Private Limited is audited by G.PRABHAKAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.PRABHAKAR | FY 2022 | 202645 |
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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2020 | 100354832 | Others | ₹3.1 Cr | Open | |
| 22 Jun 2020 | 100375372 | Others | ₹3 Cr | Open | |
| 15 Jun 2018 | 100196496 | Others | ₹24 Cr | Open | |
| 14 Feb 2014 | 10502667 | Corporation Bank | ₹2 Cr | Open | |
| 19 Nov 2011 | 10318549 | Corporation Bank | ₹12 Cr | Open |
To see the full charge records of Favorich Agro Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Favorich Agro Private Limited has 11 court cases on record: 7 filed by Favorich Agro, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 0 |
| High courts | 5 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Agro Industries Corporation Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed against the company by M S Karnataka State Agro Corn Products Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against Karnataka State Agro Corn Products Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka State Agro Corn Products Limited | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
To see the full case history of Favorich Agro 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 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.
GST
Favorich Agro has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF7721Q3Z0 | Karnataka | Active | 17 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.
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:
- Vikas Biharilal Kukhreja - Director
- Cherukuru Jayadev Naidu - Director
- Cherukuru Vishal Naidu - Additional Director
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.

