Fertile India Agrotech Limited
About Fertile India Agrotech Limited
Data last updated:
Fertile India Agrotech Limited is a public limited company based in Doraha, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 26 February 2003.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24219PB2003PLC025822. Its GSTIN is 03AAACF7218G1Z1 (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Narender Agarwal and Ritika Gupta.
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 Kaddon Payal Road Doraha Tehsil Payal District Ludhiana, Punjab, India – 141421.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.88 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹11,088 (net margin 0.3%) and EBITDA of ₹1.84 Lakh (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 30 cases involving the company, including 7 filed by the company and 23 filed against it.
Company details
CIN history
Fertile India Agrotech has one previous CIN (Corporate Identification Number): L24219PB2003PLC025822. The current CIN is U24219PB2003PLC025822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24219PB2003PLC025822 | Current |
| L24219PB2003PLC025822 | Previous |
Contact details
Fertile India Agrotech Limited's registered office is in Doraha, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressKaddon Payal Road Doraha Tehsil Payal District Ludhiana, Punjab, India – 141421
- IndustryAgriculture, Fertilizers & Soil Enhancers, Crop Protection
To see the full contact details of Fertile India Agrotech 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
Business activity
The main business activity of Fertile India Agrotech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Fertile India Agrotech Limited, buy the company report.
Financials of Fertile India Agrotech Limited
FY 2024 filings availableFertile India Agrotech Limited reported revenue of ₹40.88 Lakh (down 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 68% fall in the latest year. EBITDA fell 31% 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 | ₹1.84 Lakh | ||||
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| Net Profit (PAT) | ₹11,088 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Fertile India Agrotech Limited, buy the company report.
Board of directors of Fertile India Agrotech Limited
Fertile India Agrotech has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narender Agarwal Also directs: Drona Edutech Private Limited | Director | 23 Nov 2003 | 22 Years 11 Months | As last reported |
| Ritika Gupta | Director | 10 Jan 2007 | 19 Years 9 Months | As last reported |
| Vivek Agarwal | Director | 10 Jan 2007 | 19 Years 9 Months | As last reported |
| Dharmendra Kumar Bhasin | Irp/Rp/Liquidator | 09 Apr 2024 | 2 Years 6 Months | As last reported |
Auditor
Fertile India Agrotech Limited is audited by SACHDEVA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SACHDEVA & ASSOCIATES | FY 2023 | 000205N |
Shareholding
The shareholding of Fertile India Agrotech Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fertile India Agrotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2010 | 10224230 | Jammu & Kashmir Bank | ₹20 Lakh | Open |
To see the full charge records of Fertile India Agrotech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Fertile India Agrotech Limited has 30 court cases on record: 7 filed by Fertile India Agrotech, 23 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 21 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Crystal Crop Protection Pvt Ltd | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Hanson Petro Pvt Ltd | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Hanson Agro Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Ms Hanson Petro Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Ms Hanson Agro Ltd | Disposed |
To see the full case history of Fertile India Agrotech 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 Fertile India Agrotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fertile India Agrotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACF7218G1Z1 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fertile India Agrotech Limited, buy the company report.
Recent activity
Fertile India Agrotech Limited has 4 board changes on record since 2003: 4 appointments. The latest: Dharmendra Kumar Bhasin was appointed as Irp/Rp/Liquidator on 09 Apr 2024.
Frequently asked questions
Fertile India Agrotech is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Fertile India Agrotech is a company under insolvency, formerly operating as a public limited company based in Doraha, Punjab, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 26 February 2003 and is registered under CIN U24219PB2003PLC025822. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Fertile India Agrotech has 4 current directors:
- Narender Agarwal - Director
- Ritika Gupta - Director
- Vivek Agarwal - Director
- Dharmendra Kumar Bhasin - Irp/Rp/Liquidator
The latest financial statements of Fertile India Agrotech 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Fertile India Agrotech is U24219PB2003PLC025822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fertile India Agrotech has open charges of ₹20 Lakh and no satisfied charges on record as per latest MCA filings.
Fertile India Agrotech has 30 court cases on record: 7 filed by the company and 23 filed against it. Most are in the district courts.
Fertile India Agrotech was incorporated on 26 February 2003. It is registered with the Registrar of Companies, Chandigarh.
Dharmendra Kumar Bhasin was appointed as Irp/Rp/Liquidator on 09 Apr 2024. Ritika Gupta was appointed as Director on 10 Jan 2007. Vivek Agarwal was appointed as Director on 10 Jan 2007. Fertile India Agrotech has 4 board changes on record in total.
The registered office of Fertile India Agrotech is at Kaddon Payal Road Doraha Tehsil Payal District Ludhiana, Punjab, India – 141421.