Gonglu Agro Private Limited - food and beverages in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U15500TN2013PTC090649 Incorporated 17 April 2013 ROC Chennai HQ Chennai, Tamil Nadu, India
Under Liquidation Private Limited Company food and beverages
Data last updated
Revenue · FY 2020
₹52.77 Cr
▼ 24% YoY
Net loss · FY 2020
₹13.69 Cr
Net margin -25.9%
EBITDA · FY 2020
-₹5.16 Cr
EBITDA margin -9.8%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹30 Cr
Issued & subscribed
Open charges
₹60.27 Cr
Satisfied ₹68.92 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
34
Provident fund records

About Gonglu Agro Private Limited

Data last updated:

Gonglu Agro Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Capricorn Food Products India Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 17 April 2013.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15500TN2013PTC090649. Its GSTIN is 27AAFCG1696L1Z4 (Maharashtra).

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹30 Cr. It is led by directors including Parag Sharad Gholap and Rahoul Jain.

Its last annual general meeting (AGM) was held on 31 March 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 1C Sivanandham Apartments 4th Floor 4A East Park, Chennai, Tamil Nadu.

As per the financials filed for FY 2020, the company reported a revenue of ₹52.77 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹13.69 Cr (net margin -25.9%) and EBITDA of -₹5.16 Cr (EBITDA margin -9.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.

The company has about 34 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹60.27 Cr and satisfied charges of ₹68.92 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 2 cases are pending. The company has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹15.9 Cr; the latest was in March 2016. Its 5 peer companies in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 4 smaller; the largest is Epicu Agro Products Private Limited with revenue of ₹54.05 Cr.

The last known website on record is capricorngroup.com.

Company details

CIN U15500TN2013PTC090649
Registration Number 090649
Incorporation Date 17 April 2013
ROC Chennai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 31 March 2021
Date of Balance Sheet 31 March 2020
Parent Company Capricorn Food Products India Limited
Compliance Status Active Compliant

Contact details

Gonglu Agro Private Limited's registered office is in Chennai, Tamil Nadu. Its website is capricorngroup.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    No.1B & 1C Sivanandham Apartments 4th Floor 4A East Park Road Pulla Avenue Shenoy, Nagar, Chennai, Tamil Nadu, India – 600030
  • Industry
    Food and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution

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

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Gonglu Agro Private Limited - one report that includes everything
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  • 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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Business activity

The main business activity of Gonglu Agro 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 Gonglu Agro Private Limited, buy the company report.

Financials of Gonglu Agro Private Limited

FY 2020 filings available

Gonglu Agro Private Limited reported revenue of ₹52.77 Cr (down 24% YoY) for FY 2020.

Revenue · FY 2020
₹52.77 Cr ▼ 24%
Net loss · FY 2020
₹13.69 Cr margin -25.9%
EBITDA · FY 2020
-₹5.16 Cr margin -9.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 13%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 145%
3 years · compounded
▼ 35%
5 years · compounded
▼ 24%

Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 145% 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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹52.77 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.16 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.69 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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-9.8%
Net Profit Margin-25.9%
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 Gonglu Agro Private Limited, buy the company report.

Board of directors of Gonglu Agro Private Limited

Gonglu Agro has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Parag Sharad GholapDirector25 Mar 20215 Years 7 MonthsAs last reported
Rahoul JainDirector17 Apr 201313 Years 6 MonthsAs last reported
Shri Raam Shekher Saraswathi RamuduIrp/Rp/Liquidator02 Feb 20242 Years 9 MonthsAs last reported

Peer comparison

Gonglu Agro Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Epicu Agro Products Private Limited₹54.05 Cr (FY 2025)-77.0%New Delhi, Delhi, India
Gonglu Agro Private Limitedthis company₹52.77 Cr (FY 2020)-₹13.69 Cr-25.9%-24.0%34Chennai, Tamil Nadu, India
Sheelpe Enterprises Private Limited₹52.03 Cr (FY 2025)12.0%Ahmedabad, Gujarat, India
Megha Springs Private Limited₹51.13 Cr (FY 2016)46.0%Puttur, Karnataka, India
Infra Fine Foods Private Limited₹49.49 Cr (FY 2025)31.0%Bangalore, Karnataka, India
Vanisha Minerals Private Limited₹49.42 Cr (FY 2020)136.0%Bhopal, Madhya Pradesh, India

To see the full peer comparison of Gonglu Agro Private Limited, buy the company report.

Auditor

Gonglu Agro Private Limited is audited by M R N B & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
M R N B & ASSOCIATESFY 2020018061S

Shareholding

The shareholding of Gonglu Agro Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹60.27 Cr
Satisfied charges
₹68.92 Cr
Breakdown by lending institutions
Axis Bank Limited₹35.79 Cr
Others₹24.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Jan 2021100417497Others₹3.5 CrOpen
13 Jun 2017100103859Axis Bank Limited₹35.79 CrOpen
25 May 2017100104959Others₹20.98 CrOpen
27 Feb 201410483775State Bank of India₹68.92 CrSatisfied

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

Total charge records: 4 View all charges

Deals & funding

Gonglu Agro Private Limited has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹15.9 Cr; the latest was in March 2016.

Total deals
3
Rights issues
2
Funding round
1
Disclosed funding
₹15.9 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2016Rights issue₹7 CrInvestors: Capricon Food Products India Limited, 2 individuals
Dec 2014Rights issue₹7 CrInvestors: Capricon Food Products India Limited, 2 individuals
Jan 2014Funding round₹15.9 CrInvestors: Capricon Food Products India Limited

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

Credit ratings & regulatory alerts

Gonglu Agro Private Limited was last rated by Icra on 25 Nov 2021.

Rating agencyRated onRating
Icra25 Nov 2021

To see the full credit ratings and regulatory alerts of Gonglu Agro Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Gonglu Agro Private Limited has a workforce of 34 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
34
Active EPFO establishments
1
Employee growth
-37.04%

GST

Gonglu Agro has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCG1696L1Z4MaharashtraActive01 Jul 2017

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

Recent activity

Gonglu Agro Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Shri Raam Shekher Saraswathi Ramudu was appointed as Irp/Rp/Liquidator on 02 Feb 2024.

Appointed
Shri Raam Shekher Saraswathi Ramudu was appointed as Irp/Rp/Liquidator.
Charges
A charge with Others of Rs. 3.50 Cr registered on 27 Jan 2021 with Charge ID 100417497 was modified on 01 Jun 2023.
AGM
Gonglu Agro Private Limited last Annual general meeting of members was held on 31 Mar 2021 as per latest MCA records.
Appointed
Parag Sharad Gholap was appointed as Director.
Ceased
Shuchi Jain ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100417497 was registered on 27 Jan 2021.
Charges
A charge with Axis Bank Limited of Rs. 35.79 Cr registered on 13 Jun 2017 with Charge ID 100103859 was modified on 28 Oct 2020.
Filing
Gonglu Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Charges
A charge with Others of Rs. 20.98 Cr registered on 25 May 2017 with Charge ID 100104959 was modified on 15 Mar 2018.
Charges
A charge registered on 27 Feb 2014 via Charge ID 10483775 with State Bank Of India was fully satisfied on 24 Nov 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 35.79 Cr with Charge ID 100103859 was registered on 13 Jun 2017.
Charges
A charge with Others amounted to Rs. 20.98 Cr with Charge ID 100104959 was registered on 25 May 2017.

4 earlier events are in the company report.

Frequently asked questions

Gonglu Agro is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Gonglu Agro is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 17 April 2013 and is registered under CIN U15500TN2013PTC090649. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Gonglu Agro has 3 current directors:

The latest financial statements of Gonglu Agro on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 March 2021. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Gonglu Agro is U15500TN2013PTC090649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gonglu Agro has open charges of ₹60.27 Cr and satisfied charges of ₹68.92 Cr as per latest MCA filings.

Gonglu Agro has 9 court cases on record: 6 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.

Gonglu Agro was incorporated on 17 April 2013. It is registered with the Registrar of Companies, Chennai.

Gonglu Agro has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹15.9 Cr; the latest was in March 2016.

The peers of Gonglu Agro by revenue are Epicu Agro Products Private Limited, Sheelpe Enterprises Private Limited, Megha Springs Private Limited, Infra Fine Foods Private Limited, Vanisha Minerals Private Limited, all in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).

Shri Raam Shekher Saraswathi Ramudu was appointed as Irp/Rp/Liquidator on 02 Feb 2024. Parag Sharad Gholap was appointed as Director on 25 Mar 2021. Shuchi Jain ceased to be Director on 25 Mar 2021. Gonglu Agro has 4 board changes on record in total.