Growtech Agri Science and Research Private Limited

Growtech Agri Science and Research Private Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U24200MP2010PTC024231 Incorporated 01 September 2010 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company agriculture MSME · Small
Data last updated
Revenue · FY 2024
₹47.9 Cr
▲ 18% YoY
Net profit · FY 2024
₹1.99 Cr
Net margin 4.2%
EBITDA · FY 2024
₹4.12 Cr
EBITDA margin 8.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹32 Lakh
Issued & subscribed
Open charges
₹12.57 Cr
Satisfied ₹5.25 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
141
Provident fund records

About Growtech Agri Science and Research Private Limited

Data last updated:

Growtech Agri Science and Research Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 01 September 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24200MP2010PTC024231. Its GSTIN is 23AADCG9912H1ZO (Madhya Pradesh). The company holds 6 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32 Lakh. It was formerly known as Growtech Agri Science Private Limited. It is led by directors Hemraj Ramkrushnaji Kose and Sanjay Patidar.

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 Prk Maple Block A – 1 Off No. 401 A.B. Road Rau, Indore, Madhya Pradesh, India – 453331.

As per the financials filed for FY 2024, the company reported a revenue of ₹47.9 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 4.2%) and EBITDA of ₹4.12 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 29% over five years.

The company has about 141 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Growtech. As per MCA filings, the company has open charges of ₹12.57 Cr and satisfied charges of ₹5.25 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.

Growtech Agri Science and Research Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0010103). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growtechagriscience.com.

Company details

CIN U24200MP2010PTC024231
Registration Number 024231
Incorporation Date 01 September 2010
ROC Gwalior
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 Small
Udyam Registration UDYAM-MP-23-0010103

CIN history

Growtech Agri Science and Research has one previous CIN (Corporate Identification Number): U24100MP2010PTC024231. The current CIN is U24200MP2010PTC024231, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24200MP2010PTC024231Current
U24100MP2010PTC024231Previous

Recognitions & Rankings of Growtech Agri Science and Research

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-23-0010103

Contact details

Growtech Agri Science and Research Private Limited's registered office is in Indore, Madhya Pradesh. Its website is growtechagriscience.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Prk Maple Block A – 1 Off No. 401 A.B. Road Rau, Indore, Madhya Pradesh, India – 453331
  • Industry
    Agriculture, Fertilizers & Soil Enhancers, Crop Protection

To see the full contact details of Growtech Agri Science and Research Private Limited, buy the company report.

Comprehensive company report
Growtech Agri Science and Research 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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Brands

Growtech Agri Science and Research operates one associated brand: Growtech. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures bio-fertilizers, bio-pesticides, micronutrients, and agrochemicals to support farming productivity.growtechagriscience.com

Business activity

The main business activity of Growtech Agri Science and Research is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Growtech Agri Science and Research Private Limited, buy the company report.

Financials of Growtech Agri Science and Research Private Limited

FY 2024 filings available

Growtech Agri Science and Research Private Limited reported revenue of ₹47.9 Cr (up 18% YoY) for FY 2024.

Revenue · FY 2024
₹47.9 Cr ▲ 18%
Net profit · FY 2024
₹1.99 Cr margin 4.2%
EBITDA · FY 2024
₹4.12 Cr margin 8.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 25%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 22%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 18% growth in the latest year. EBITDA rose 79% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.99 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.6%
Net Profit Margin4.2%
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 Growtech Agri Science and Research Private Limited, buy the company report.

Board of directors of Growtech Agri Science and Research Private Limited

Growtech Agri Science and Research has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hemraj Ramkrushnaji KoseDirector01 Sep 201016 Years 2 MonthsCurrent
Sanjay PatidarDirector01 Sep 201016 Years 2 MonthsCurrent

Peer comparison

Growtech Agri Science and Research Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gemini Stearates Private Limited₹49.14 Cr (FY 2024)-15.0%Delhi, India
Makam Agro Chem Private Limited₹48.88 Cr (FY 2025)126.0%Bangalore, Karnataka, India
Goldking Biogene Private Limited₹48.14 Cr (FY 2024)16.0%Ahmedabad, Gujarat, India
Khublal Agro Chemicals Private Limited₹48.01 Cr (FY 2025)30.0%Nalanda, Bihar, India
Growtech Agri Science and Research Private Limitedthis company₹47.9 Cr (FY 2024)₹1.99 Cr4.2%18.0%141Indore, Madhya Pradesh, India
Averrile Surfactant Private Limited₹47.35 Cr (FY 2025)60.0%Gandhi Nagar, Delhi, India
Kingtech Bio Chem Private Limited₹46.94 Cr (FY 2024)-16.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Growtech Agri Science and Research Private Limited, buy the company report.

Auditor

Growtech Agri Science and Research Private Limited is audited by BHARAT KUMAR AGRAWAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BHARAT KUMAR AGRAWAL & CO.FY 2023012245C

Shareholding

The shareholding of Growtech Agri Science and Research Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Growtech Agri Science and Research Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12.57 Cr
Satisfied charges
₹5.25 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹12.57 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Jul 2025101157330Hdfc Bank Limited₹4.95 LakhOpen
29 Jun 2022100754796Hdfc Bank Limited₹39 LakhOpen
08 May 2019100263468Hdfc Bank Limited₹12.13 CrOpen
30 Dec 201510619917Others₹5.25 CrSatisfied

To see the full charge records of Growtech Agri Science and Research Private Limited, buy the company report.

Total charge records: 4 View all charges

Credit ratings & regulatory alerts

Growtech Agri Science and Research Private Limited was last rated by Brickwork on 11 Jul 2018.

Rating agencyRated onRating
Brickwork11 Jul 2018

To see the full credit ratings and regulatory alerts of Growtech Agri Science and Research Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Growtech Agri Science and Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Growtech Agri Science and Research Private Limited has a workforce of 141 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
141
Active EPFO establishments
1
Employee growth
21.55%

GST

Growtech Agri Science and Research has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
23AADCG9912H1ZOMadhya PradeshActive01 Jul 2017
23AADCG9912H2ZNMadhya PradeshActive31 Mar 2025
24AADCG9912H1ZMGujaratActive01 Jul 2017
27AADCG9912H1ZGMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Growtech Agri Science and Research Private Limited, buy the company report.

Recent activity

Growtech Agri Science and Research Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Hemraj Ramkrushnaji Kose was appointed as Director on 01 Sep 2010.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.95 Lakh with Charge ID 101157330 was registered on 07 Jul 2025.
AGM
Growtech Agri Science And Research Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Growtech Agri Science And Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited of Rs. 1,212.63 Lakh registered on 08 May 2019 with Charge ID 100263468 was modified on 01 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.00 Lakh with Charge ID 100754796 was registered on 29 Jun 2022.
Charges
A charge registered on 30 Dec 2015 via Charge ID 10619917 with Others was fully satisfied on 24 May 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,212.63 Lakh with Charge ID 100263468 was registered on 08 May 2019.
Charges
A charge with Others of Rs. 525.00 Lakh registered on 30 Dec 2015 with Charge ID 10619917 was modified on 03 Jan 2018.
Charges
A charge with Others amounted to Rs. 525.00 Lakh with Charge ID 10619917 was registered on 30 Dec 2015.
Appointed
Hemraj Ramkrushnaji Kose was appointed as Director.
Appointed
Sanjay Patidar was appointed as Director.
Incorporation
01 Sep 2010
Growtech Agri Science And Research Private Limited was registered on 01 Sep 2010 with Roc Gwalior & aged 16 years 2 months as per MCA records.

Frequently asked questions

Growtech Agri Science and Research is an active private limited company based in Indore, Madhya Pradesh, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 01 September 2010 (16+ years old) and is registered under CIN U24200MP2010PTC024231.

Growtech Agri Science and Research has 2 current directors:

The latest financial statements of Growtech Agri Science and Research 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 Growtech Agri Science and Research is 23AADCG9912H1ZO, registered in Madhya Pradesh. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 23AADCG9912H2ZN (Madhya Pradesh), 24AADCG9912H1ZM (Gujarat), 27AADCG9912H1ZG (Maharashtra).

The CIN (Corporate Identification Number) of Growtech Agri Science and Research is U24200MP2010PTC024231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Growtech Agri Science and Research has 3 court cases on record: 3 filed against it.

Growtech Agri Science and Research was incorporated on 01 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.

The peers of Growtech Agri Science and Research by revenue are Gemini Stearates Private Limited, Makam Agro Chem Private Limited, Goldking Biogene Private Limited, Khublal Agro Chemicals Private Limited, Averrile Surfactant Private Limited and 1 more, all in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Hemraj Ramkrushnaji Kose was appointed as Director on 01 Sep 2010. Sanjay Patidar was appointed as Director on 01 Sep 2010.

Yes, Growtech Agri Science and Research is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0010103).

Growtech Agri Science and Research can be reached through the website growtechagriscience.com. Its registered office is in Indore, Madhya Pradesh, India.