Ginni Agro Products Limited - food and beverages in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U15130MH2004PLC144930 Incorporated 09 March 2004 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Public Limited Company food and beverages
Data last updated
Revenue · FY 2025
₹451.91 Cr
▲ 24% YoY
Net profit · FY 2025
₹16.07 Cr
Net margin 3.6%
EBITDA · FY 2025
₹34.57 Cr
EBITDA margin 7.7%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹17 Cr
Issued & subscribed
Open charges
₹156.83 Cr
Satisfied ₹54.7 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
7
Provident fund records

About Ginni Agro Products Limited

Data last updated:

Ginni Agro Products Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the tobacco products segment of the food and beverages sector. It was incorporated on 09 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15130MH2004PLC144930. Its GSTIN is 27AACCG2070K1ZN (Maharashtra).

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17 Cr. It is led by directors including Subhash Ramchandra Nalange and Keshav Kalpesh Patel.

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 Khasra No 94 City Mouza Sonegaon Kalmeshwar, Nagpur, Maharashtra, India – 441501.

As per the financials filed for FY 2025, the company reported a revenue of ₹451.91 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹16.07 Cr (net margin 3.6%) and EBITDA of ₹34.57 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 16% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹156.83 Cr and satisfied charges of ₹54.7 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending. The company has 16 deals on record (11 secondary share transfers, 5 funding rounds), with disclosed funding of ₹7.59 Cr; the latest was in March 2024. Its 7 peer companies in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 3 smaller; the largest is Flying Trade (India) Private Limited with revenue of ₹464.4 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ginniagro.in.

Company details

CIN U15130MH2004PLC144930
Registration Number 144930
Incorporation Date 09 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Ginni Agro Products has one previous CIN (Corporate Identification Number): U15130MH2004PTC144930. The current CIN is U15130MH2004PLC144930, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15130MH2004PLC144930Current
U15130MH2004PTC144930Previous

Contact details

Ginni Agro Products Limited's registered office is in Nagpur, Maharashtra.

  • Registered Address
    Khasra No 94 City Mouza Sonegaon Kalmeshwar, Nagpur, Maharashtra, India – 441501
  • Industry
    Food And Beverages, Tobacco Products, Beverage, Food
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Business activity

The main business activity of Ginni Agro Products is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Ginni Agro Products Limited, buy the company report.

Financials of Ginni Agro Products Limited

FY 2024 filings available

Ginni Agro Products Limited reported revenue of ₹451.91 Cr (up 24% YoY) for FY 2025.

Revenue · FY 2025
₹451.91 Cr ▲ 24%
Net profit · FY 2025
₹16.07 Cr margin 3.6%
EBITDA · FY 2025
₹34.57 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 24%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 41%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 24% growth in the latest year. EBITDA rose 26% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹34.57 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.07 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.7%
Net Profit Margin3.6%
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 Ginni Agro Products Limited, buy the company report.

Board of directors of Ginni Agro Products Limited

Ginni Agro Products has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Subhash Ramchandra NalangeDirector28 Dec 20241 Years 10 MonthsCurrent
Keshav Kalpesh PatelDirector28 Dec 20241 Years 10 MonthsCurrent
Manoj Shankarlal MantriDirector01 Feb 201412 Years 9 MonthsCurrent
Girdhari Manaklal MantriDirector17 Feb 20242 Years 8 MonthsCurrent
Govind Shankarlal MantriDirector09 Mar 200422 Years 7 MonthsCurrent

Peer comparison

Ginni Agro Products Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Flying Trade (India) Private Limited₹464.4 Cr (FY 2024)25.0%Jalandhar, Punjab, India
Mayuresh Protenz Private Limited₹461.13 Cr (FY 2025)29.0%Khopoli, Maharashtra, India
Wings Agriculture Private Limited₹455.43 Cr (FY 2025)28.0%Kuvadava, Gujarat, India
Midas Agrofoods Limited₹451.94 Cr (FY 2025)9.0%Baghapurana, Punjab, India
Ginni Agro Products Limitedthis company₹451.91 Cr (FY 2025)₹16.07 Cr3.6%24.0%Nagpur, Maharashtra, India
B.T.S.Roller Flour Mills Private Limited₹451.7 Cr (FY 2024)52.0%Bangalore, Karnataka, India
Balgopal Food Products Private Limited₹446.66 Cr (FY 2025)7.0%Bargarh, Odisha, India
P.B.I. (India) Private Limited₹434.45 Cr (FY 2024)15.0%Bari Brahmana, Jammu and Kashmir, India

To see the full peer comparison of Ginni Agro Products Limited, buy the company report.

Charges & borrowings

Open charges
₹156.83 Cr
Satisfied charges
₹54.7 Cr
Breakdown by lending institutions
Axis Bank Limited₹89.01 Cr
Others₹67.72 Cr
Hdfc Bank Limited₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2025101136050Others₹50 CrOpen
04 Feb 2023100737331Hdfc Bank Limited₹9.99 LakhOpen
20 Oct 2022100646311Others₹7 CrOpen
20 Oct 2022100646323Others₹10.72 CrOpen
16 Sep 201010244276Axis Bank Limited₹89.01 CrOpen

To see the full charge records of Ginni Agro Products Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Ginni Agro Products Limited has 16 deals on record (11 secondary share transfers, 5 funding rounds), with disclosed funding of ₹7.59 Cr; the latest was in March 2024.

Total deals
16
Secondary share transfers
11
Funding rounds
5
Disclosed funding
₹7.59 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Satish S Mantri HUF, 3 individuals
Seller: Rohit Dinesh Mantri (HUF), Raunak Mantri (HUF), Gaurav Govind Mantri (HUF), an individual
Mar 2023Secondary share transferUndisclosedBuyer: Raunak Mantri (HUF), Rohit Dinesh Mantri (HUF), 2 individuals
Seller: an individual
Mar 2017Funding round₹2.6 CrInvestors: Dinesh S Mantri HUF, Girdhari Manaklal Mantri HUF, Govind S Mantri HUF
Dec 2016Secondary share transferUndisclosedBuyer: Manoj S Mantri HUF, 3 individuals
Seller: 4 individuals
Feb 2007Funding round₹2.46 CrInvestors: Govind S Mantri HUF, 3 individuals

To see the full deal history of Ginni Agro Products Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Ginni Agro Products has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCG2070K1ZNMaharashtraActive01 Jul 2017

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

Recent activity

Ginni Agro Products Limited has 6 board changes on record since 2004: 5 appointments and 1 cessation. The latest: Keshav Kalpesh Patel was appointed as Director on 28 Dec 2024.

Charges
A charge with Axis Bank Limited of Rs. 89.01 Cr registered on 16 Sep 2010 with Charge ID 10244276 was modified on 09 Dec 2025.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101136050 was registered on 31 Jul 2025.
Appointed
Keshav Kalpesh Patel was appointed as Director.
Appointed
Subhash Ramchandra Nalange was appointed as Director.
Charges
A charge with Others of Rs. 7.00 Cr registered on 20 Oct 2022 with Charge ID 100646311 was modified on 21 Nov 2024.
AGM
Ginni Agro Products Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ginni Agro Products Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Girdhari Manaklal Mantri was appointed as Director.
Charges
A charge registered on 28 Feb 2022 via Charge ID 100542732 with Others was fully satisfied on 09 Jan 2024.
Charges
A charge registered on 21 Feb 2022 via Charge ID 100537170 with Others was fully satisfied on 09 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100737331 was registered on 04 Feb 2023.
Charges
A charge with Others amounted to Rs. 10.72 Cr with Charge ID 100646323 was registered on 20 Oct 2022.

26 earlier events are in the company report.

Frequently asked questions

Ginni Agro Products is an active public limited company based in Nagpur, Maharashtra, India. The company works in tobacco products, within the food and beverages industry. It was incorporated on 09 March 2004 (22+ years old) and is registered under CIN U15130MH2004PLC144930.

Ginni Agro Products has 5 current directors:

The latest financial statements of Ginni Agro Products 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 GSTIN of Ginni Agro Products is 27AACCG2070K1ZN, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ginni Agro Products is U15130MH2004PLC144930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ginni Agro Products has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Ginni Agro Products was incorporated on 09 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Ginni Agro Products has 16 deals on record (11 secondary share transfers, 5 funding rounds), with disclosed funding of ₹7.59 Cr; the latest was in March 2024.

The peers of Ginni Agro Products by revenue are Flying Trade (India) Private Limited, Mayuresh Protenz Private Limited, Wings Agriculture Private Limited, Midas Agrofoods Limited, B.T.S.Roller Flour Mills Private Limited and 2 more, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).

Keshav Kalpesh Patel was appointed as Director on 28 Dec 2024. Subhash Ramchandra Nalange was appointed as Director on 28 Dec 2024. Girdhari Manaklal Mantri was appointed as Director on 17 Feb 2024. Ginni Agro Products has 6 board changes on record in total.

Ginni Agro Products can be reached through the website ginniagro.in. Its registered office is in Nagpur, Maharashtra, India.