About Gujarat Insecticides Limited
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Gujarat Insecticides Limited is a public limited company based in Ankleshwar, Gujarat, India, a subsidiary of Gharda Chemicals Limited. It operates in the crop protection segment of the agriculture sector. It was incorporated on 30 August 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ1980PLC003929. Its GSTIN is 24AAACG8436D1ZW (Gujarat). The company holds 17 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹36.57 Lakh. It is led by directors including Nilesh Ashok Kulkarni and Anita Rahul Shantaram.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 805 / 806 GIDC Estate Ankleshwar Dist : Bharuch, Gujarat, India – 393002.
As per the financials filed for FY 2025, the company reported a revenue of ₹251.57 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹65.56 Cr (net margin -26.1%) and EBITDA of -₹33.47 Cr (EBITDA margin -13.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
The company has about 410 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹340 Cr and satisfied charges of ₹25.5 Cr on record. Court records list 250 cases involving the company, including 160 filed by the company and 92 filed against it; 21 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2015. Its 10 peer companies in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Anu Products Ltd with revenue of ₹276.57 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 162 overdue payments to 46 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gilgharda.com.
Company details
CIN history
Gujarat Insecticides has one previous CIN (Corporate Identification Number): U24299GJ1980PTC003929. The current CIN is U24299GJ1980PLC003929, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24299GJ1980PLC003929 | Current |
| U24299GJ1980PTC003929 | Previous |
Contact details
Gujarat Insecticides Limited's registered office is in Ankleshwar, Gujarat. Its website is gilgharda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 805 / 806 GIDC Estate Ankleshwar Dist : Bharuch, Gujarat, India – 393002
- IndustryAgriculture, Crop Protection
To see the full contact details of Gujarat Insecticides 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 Gujarat Insecticides 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 Gujarat Insecticides Limited, buy the company report.
Financials of Gujarat Insecticides Limited
FY 2025 filings availableGujarat Insecticides Limited reported revenue of ₹251.57 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 1% fall in the latest year. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹33.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹65.56 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.3% | ||||
| Net Profit Margin | -26.1% | ||||
| Return on Equity (ROE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Gujarat Insecticides Limited, buy the company report.
Board of directors of Gujarat Insecticides Limited
Gujarat Insecticides has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Ashok Kulkarni Also directs: Surya Women and Children LLP, Chloris Polymers and Pigments Private Limited, Gharda Chemicals Limited and 5 more | Director | 06 Jul 2022 | 4 Years 4 Months | Current |
| Anita Rahul Shantaram Also directs: Bharat Wire Ropes Limited, Lloyds Metals and Energy Limited, HBG Hotels Limited and 5 more | Director | 03 Dec 2022 | 3 Years 11 Months | Current |
| Diwakar Katapadikar Shenoy Also directs: Gharda Chemicals Limited, Deepl Electricals Private Limited. | Director | 28 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Gujarat Insecticides Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anu Products Ltd | ₹276.57 Cr (FY 2025) | -11.0% | Delhi, India | |||
| Willowood Industries Private Limited | ₹276.07 Cr (FY 2025) | 143.0% | Kolkata, West Bengal, India | |||
| Jivagro Limited | ₹260.3 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Congrats Agropack Private Limited | ₹257.89 Cr (FY 2025) | 52.0% | New Delhi, Delhi, India | |||
| Tricom Agro Private Limited | ₹254.56 Cr (FY 2025) | 18.0% | Sangareddy Dist Erstwhile Medak, Telangana, India | |||
| Gujarat Insecticides Limitedthis company | ₹251.57 Cr (FY 2025) | -₹65.56 Cr | -26.1% | -1.0% | 410 | Ankleshwar, Gujarat, India |
| Nichino Chemical India Private Limited | ₹244.6 Cr (FY 2021) | 39.0% | Hyderabad, Telangana, India | |||
| Ratnakar India Limited | ₹240.57 Cr (FY 2024) | 32.0% | Ahmedabad, Gujarat, India | |||
| Agastya Agro Limited | ₹230.49 Cr (FY 2025) | 6.0% | Telangana, India | |||
| Bios Cropcare Private Limited | ₹227.66 Cr (FY 2025) | 34.0% | Ahmedabad, Gujarat, India | |||
| Gujarat Agrochem Private Limited | ₹227.12 Cr (FY 2018) | 31.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Gujarat Insecticides Limited, buy the company report.
Auditor
Gujarat Insecticides Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Gujarat Insecticides 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gujarat Insecticides Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2009 | 10217085 | Others | ₹340 Cr | Open | |
| 30 Jun 2000 | 90110167 | Bank of Baroda | ₹1.25 Cr | Satisfied | |
| 24 Sep 1998 | 90109873 | Bank of Baroda | ₹75 Lakh | Satisfied | |
| 20 Oct 1997 | 90109686 | Bank of Baroda | ₹23.5 Cr | Satisfied |
To see the full charge records of Gujarat Insecticides Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Gujarat Insecticides Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Gharda Chemicals Limited Seller: Gharda Investment Syndicate |
| Oct 2006 | Secondary share transfer | Undisclosed | Seller: Gharda Chemicals Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gujarat Insecticides Limited has 250 court cases on record: 160 filed by Gujarat Insecticides, 92 filed against it. 21 cases are pending and 229 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 119 | 64 | 15 |
| District courts | 117 | 17 | 6 |
| Supreme Court | 14 | 11 | 0 |
Cases on record (5 of 250)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CCCA) | Filed against the company by M/S P.J. Agro Tech Ltd., and 1 other | Pending |
| District court, Vizianagaram, Andhra Pradesh | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Karnal, Haryana | Appeal | Filed against the company by individuals | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Gujarat Insecticides 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.
Credit ratings & regulatory alerts
Gujarat Insecticides Limited was last rated by Crisil on 18 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Jun 2020 |
To see the full credit ratings and regulatory alerts of Gujarat Insecticides Limited, buy the company report.
MSME payment delays
Gujarat Insecticides Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 162 overdue payments to 46 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 46)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mechcon Industrial Solutions Private Limited | |||
| an individual supplier | |||
| Shree Enterprises | |||
| Chimanlal Vadilal & Co | |||
| Unc Plast Industries. |
To see the full MSME payment records of Gujarat Insecticides Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gujarat Insecticides Limited has a workforce of 410 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Gujarat Insecticides has 17 GST registrations: 14 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG8436D1ZW | Gujarat | Active | 01 Jul 2017 |
| 24AAACG8436D2ZV | Gujarat | Active | 20 Mar 2025 |
| 03AAACG8436D1Z0 | Punjab | Active | 01 Jul 2017 |
| 05AAACG8436D1ZW | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gujarat Insecticides Limited, buy the company report.
Recent activity
Gujarat Insecticides Limited has 18 board changes on record since 2007: 4 appointments and 14 cessations. The latest: Anita Rahul Shantaram ceased to be Additional Director on 20 Sep 2023.
18 earlier events are in the company report.
Frequently asked questions
Gujarat Insecticides is an active public limited company based in Ankleshwar, Gujarat, India. The company works in crop protection, within the agriculture industry. It was incorporated on 30 August 1980 (46+ years old) and is registered under CIN U24299GJ1980PLC003929.
Gujarat Insecticides has 3 current directors:
- Nilesh Ashok Kulkarni - Director
- Anita Rahul Shantaram - Director
- Diwakar Katapadikar Shenoy - Director
The latest financial statements of Gujarat Insecticides on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gujarat Insecticides is 24AAACG8436D1ZW, registered in Gujarat. The company has 17 GST registrations in all, of which 14 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACG8436D2ZV (Gujarat), 03AAACG8436D1Z0 (Punjab), 05AAACG8436D1ZW (Uttarakhand).
The CIN (Corporate Identification Number) of Gujarat Insecticides is U24299GJ1980PLC003929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gujarat Insecticides has 250 court cases on record: 160 filed by the company and 92 filed against it. 21 are pending. Most are in the high courts.
Gujarat Insecticides was incorporated on 30 August 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gujarat Insecticides has 2 deals on record (2 secondary share transfers); the latest was in March 2015.
The peers of Gujarat Insecticides by revenue are Anu Products Ltd, Willowood Industries Private Limited, Jivagro Limited, Congrats Agropack Private Limited, Tricom Agro Private Limited and 5 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anita Rahul Shantaram ceased to be Additional Director on 20 Sep 2023. Anita Rahul Shantaram was appointed as Director on 03 Dec 2022. Nilesh Ashok Kulkarni ceased to be Additional Director on 05 Sep 2022. Gujarat Insecticides has 18 board changes on record in total.
Gujarat Insecticides has 10 MSME Form 1 returns on record between 2019 and 2024, listing 162 overdue payments to 46 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Gujarat Insecticides can be reached through the website gilgharda.com. Its registered office is in Ankleshwar, Gujarat, India.
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