MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0048673
Growfield Agro Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹56.75 Cr
▼ 40% YoY
Net profit · FY 2024
₹25.38 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹3.35 Cr
EBITDA margin 5.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹22.7 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Growfield Agro Private Limited
Data last updated:
Growfield Agro Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 29 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01114MH2020PTC344857. Its GSTIN is 27AAICG4909K1Z9 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Ajay Khatri and Brij Mohan Arya.
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 1406 Kailas Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.75 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹25.38 Lakh (net margin 0.4%) and EBITDA of ₹3.35 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 317% over three years.
As per MCA filings, the company has open charges of ₹22.7 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 4 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.99 Cr; the latest was in October 2021. Its 5 peer companies in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Hugel Trading Solutions India Private Limited with revenue of ₹56.9 Cr.
Growfield Agro Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0048673). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growfield.co.in.
Company details
CIN U01114MH2020PTC344857
Registration Number 344857
Incorporation Date 29 August 2020
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
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0048673
Recognitions & Rankings of Growfield Agro
Contact details
Growfield Agro Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 1406 Kailas Business Park, Godrej Hiranandani Link Road Vikroli West, Mumbai, Maharashtra, India – 400079
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Growfield Agro Private Limited, buy the company report.
Comprehensive company report
Growfield 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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Business activity
The main business activity of Growfield Agro is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Growfield Agro Private Limited, buy the company report.
Financials of Growfield Agro Private Limited
FY 2024 filings availableGrowfield Agro Private Limited reported revenue of ₹56.75 Cr (down 40% YoY) for FY 2024.
Revenue · FY 2024
₹56.75 Cr ▼ 40%
Net profit · FY 2024
₹25.38 Lakh margin 0.4%
EBITDA · FY 2024
₹3.35 Cr margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 317%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 822%
Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 317%. EBITDA fell 3% 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 |
|---|---|---|---|---|
| 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 | ₹3.35 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹25.38 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.9% | |||
| Net Profit Margin | 0.4% | |||
| 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 Growfield Agro Private Limited, buy the company report.
Board of directors of Growfield Agro Private Limited
Growfield Agro has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Khatri Also directs: Shubhriddhi Agrifoods Products Private Limited, Svezz Consumers Private Limited, Svezz Agro Exim Private Limited and 1 more | Additional Director | 24 Apr 2023 | 3 Years 6 Months | Current |
| Brij Mohan Arya Also directs: Chrysal Realtors Private Limited | Additional Director | 20 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Growfield Agro Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hugel Trading Solutions India Private Limited | ₹56.9 Cr (FY 2024) | 288.0% | Hyderabad, Telangana, India | |||
| Starlord Bottling Private Limited | ₹56.77 Cr (FY 2025) | 112.0% | Amritsar, Punjab, India | |||
| Growfield Agro Private Limitedthis company | ₹56.75 Cr (FY 2024) | ₹25.38 Lakh | 0.4% | -40.0% | Mumbai, Maharashtra, India | |
| Rikhabchand Sohanlall Ltd | ₹56.71 Cr (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Harley Carmbel India Private Limited | ₹56.63 Cr (FY 2016) | 2.0% | Ernakulam, Kerala, India | |||
| FR Solutions Private Limited | ₹56.62 Cr (FY 2024) | 42.0% | New Delhi, Delhi, India |
To see the full peer comparison of Growfield Agro Private Limited, buy the company report.
Auditor
Growfield Agro Private Limited is audited by PRAJWAL POOJARI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAJWAL POOJARI & ASSOCIATES | FY 2022 | 137789W |
Charges & borrowings
Open charges
₹22.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2024 | 100963238 | Others | ₹4.7 Cr | Open | |
| 02 Feb 2022 | 100540300 | Others | ₹18 Cr | Open |
To see the full charge records of Growfield Agro Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Growfield Agro Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.99 Cr; the latest was in October 2021.
Total deals
1
Funding round
1
Disclosed funding
₹3.99 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round | ₹3.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Growfield Agro Private Limited has 7 court cases on record: 7 filed against it. 4 cases are pending and 3 are disposed.
Total cases
7
Filed against the company
7
Pending
4
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by SBM Bank (India) Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by SBM Bank India Ltd Throgh Its Authorized Officer Mr Nitin Garg | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Bank of Baroda | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Farmart Services Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed against the company by Kunal Corporation Through Kunal Shah | Pending |
To see the full case history of Growfield 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 Growfield Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Growfield Agro Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Growfield Agro has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG4909K1Z9 | Maharashtra | Active | 18 Oct 2020 |
To see the full GST registrations and return filing status of Growfield Agro Private Limited, buy the company report.
Recent activity
Growfield Agro Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Harshad Narottamdas Shah ceased to be Additional Director on 25 Apr 2023.
AGM
Growfield Agro Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.70 Cr with Charge ID 100963238 was registered on 24 Jul 2024.
Filing
Growfield Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Ceased
Harshad Narottamdas Shah ceased to be Additional Director.
Appointed
Ajay Khatri was appointed as Additional Director.
Ceased
Vishal Harshad Shah ceased to be Additional Director.
Appointed
Brij Mohan Arya was appointed as Additional Director.
Charges
A charge with Others of Rs. 18.00 Cr registered on 02 Feb 2022 with Charge ID 100540300 was modified on 30 May 2022.
Charges
A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100540300 was registered on 02 Feb 2022.
Ceased
Brij Mohan Arya ceased to be Director.
Ceased
Narayan Swami ceased to be Director.
Incorporation
29 Aug 2020
Growfield Agro Private Limited was registered on 29 Aug 2020 with Roc Mumbai I & aged 6 years 2 months as per MCA records.
Frequently asked questions
Growfield Agro is an active private limited company based in Mumbai, Maharashtra, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 29 August 2020 (6+ years old) and is registered under CIN U01114MH2020PTC344857.
Growfield Agro has 2 current directors:
- Ajay Khatri - Additional Director
- Brij Mohan Arya - Additional Director
The latest financial statements of Growfield Agro 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 FY 2021 are in the company report.
The GSTIN of Growfield Agro is 27AAICG4909K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Growfield Agro is U01114MH2020PTC344857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growfield Agro has 7 court cases on record: 7 filed against it. 4 are pending.
Growfield Agro was incorporated on 29 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Growfield Agro has 1 deal on record (1 funding round), with disclosed funding of ₹3.99 Cr; the latest was in October 2021.
The peers of Growfield Agro by revenue are Hugel Trading Solutions India Private Limited, Starlord Bottling Private Limited, Rikhabchand Sohanlall Ltd, Harley Carmbel India Private Limited, FR Solutions Private Limited, all in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Harshad Narottamdas Shah ceased to be Additional Director on 25 Apr 2023. Ajay Khatri was appointed as Additional Director on 24 Apr 2023. Vishal Harshad Shah ceased to be Additional Director on 14 Oct 2022. Growfield Agro has 6 board changes on record in total.
Yes, Growfield Agro is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0048673).
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