MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0077699
Higrovet Nutritions Private Limited
Higrovet Nutritions Private Limited - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.92 Lakh
▼ 95% YoY
Net profit · FY 2025
₹1.96 Lakh
Net margin 3.3%
EBITDA · FY 2025
₹20.43 Lakh
EBITDA margin 34.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.56 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
14
Provident fund records
About Higrovet Nutritions Private Limited
Data last updated:
Higrovet Nutritions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the animal feeds segment of the agriculture sector. It was incorporated on 25 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01400KA2014PTC074401. Its GSTIN is 29AADCH3865J1Z6 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Balakrishna Ragodu Sundara (Managing Director) and Erri Thulasi Ram Reddy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.92 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Lakh (net margin 3.3%) and EBITDA of ₹20.43 Lakh (EBITDA margin 34.7%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 45% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.56 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 3 cases are pending.
Higrovet Nutritions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0077699). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01400KA2014PTC074401
Registration Number 074401
Incorporation Date 25 March 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0077699
Key People
Balakrishna Ragodu Sundara Managing Director Erri Thulasi Ram Reddy Director Balakrishna Sudhanva Director Recognitions & Rankings of Higrovet Nutritions
Contact details
Higrovet Nutritions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot II – A1 Shop No 2 Grapes Garden Behind Triveni Petro – Outlet T Dasarahall, I, Bangalore, Karnataka, India – 560057
- IndustryAgriculture, Animal Feeds, Poultry Farming
To see the full contact details of Higrovet Nutritions Private Limited, buy the company report.
Comprehensive company report
Higrovet Nutritions 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 Higrovet Nutritions is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities |
To see the full business activity and turnover split of Higrovet Nutritions Private Limited, buy the company report.
Financials of Higrovet Nutritions Private Limited
FY 2025 filings availableHigrovet Nutritions Private Limited reported revenue of ₹58.92 Lakh (down 95% YoY) for FY 2025.
Revenue · FY 2025
₹58.92 Lakh ▼ 95%
Net profit · FY 2025
₹1.96 Lakh margin 3.3%
EBITDA · FY 2025
₹20.43 Lakh margin 34.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 55%
5 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 24%
5 years · compounded
▼ 26%
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 95% fall in the latest year. EBITDA fell 34% 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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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹20.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.96 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 34.7% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Higrovet Nutritions Private Limited, buy the company report.
Board of directors of Higrovet Nutritions Private Limited
Higrovet Nutritions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Erri Thulasi Ram Reddy | Director | 21 Feb 2023 | 3 Years 8 Months | Current |
| Balakrishna Sudhanva Also directs: Avipure Foods Private Limited, Biorx Nutrients Private Limited | Director | 30 Dec 2021 | 4 Years 10 Months | Current |
| Balakrishna Ragodu Sundara | Managing Director | 25 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Higrovet Nutritions Private Limited is audited by RAGHAVENDRA M N AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHAVENDRA M N AND CO | FY 2023 | 217526 |
Shareholding
The shareholding of Higrovet Nutritions 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 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 Higrovet Nutritions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.56 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2018 | 100194741 | Indian Overseas Bank | ₹18 Lakh | Open | |
| 10 May 2017 | 100114342 | Indian Overseas Bank | ₹12.5 Lakh | Open | |
| 10 Jul 2014 | 10512624 | Indian Overseas Bank | ₹1.25 Cr | Open |
To see the full charge records of Higrovet Nutritions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Higrovet Nutritions Private Limited has 6 court cases on record: 1 filed by Higrovet Nutritions, 5 filed against it. 3 cases are pending and 3 are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd.. | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Clix Capital Services Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S. Aditya Birla Finance Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Deutsche Bank A G | Disposed |
To see the full case history of Higrovet Nutritions 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 Higrovet Nutritions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Higrovet Nutritions Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
55.56%
GST
Higrovet Nutritions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH3865J1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Higrovet Nutritions Private Limited, buy the company report.
Recent activity
Higrovet Nutritions Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Lakkenahalli Thimmannagowda Devaraju ceased to be Director on 26 Mar 2024.
AGM
Higrovet Nutritions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Higrovet Nutritions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Lakkenahalli Thimmannagowda Devaraju ceased to be Director.
Appointed
Erri Thulasi Ram Reddy was appointed as Director.
Appointed
Balakrishna Sudhanva was appointed as Director.
Charges
A charge with Indian Overseas Bank of Rs. 125.00 Lakh registered on 10 Jul 2014 with Charge ID 10512624 was modified on 14 Sep 2018.
Charges
A charge with Indian Overseas Bank amounted to Rs. 18.00 Lakh with Charge ID 100194741 was registered on 10 Jul 2018.
Ceased
Vaishak Padmaraj ceased to be Director.
Ceased
Balakrishna Ragodu Sundara ceased to be Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 12.50 Lakh with Charge ID 100114342 was registered on 10 May 2017.
Charges
A charge with Indian Overseas Bank amounted to Rs. 125.00 Lakh with Charge ID 10512624 was registered on 10 Jul 2014.
Appointed
Balakrishna Ragodu Sundara was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
Higrovet Nutritions is an active private limited company based in Bangalore, Karnataka, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 25 March 2014 (12+ years old) and is registered under CIN U01400KA2014PTC074401.
Higrovet Nutritions has 3 current directors:
- Balakrishna Ragodu Sundara - Managing Director
- Erri Thulasi Ram Reddy - Director
- Balakrishna Sudhanva - Director
The latest financial statements of Higrovet Nutritions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Higrovet Nutritions is 29AADCH3865J1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Higrovet Nutritions is U01400KA2014PTC074401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Higrovet Nutritions has 6 court cases on record: 1 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Higrovet Nutritions was incorporated on 25 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakkenahalli Thimmannagowda Devaraju ceased to be Director on 26 Mar 2024. Erri Thulasi Ram Reddy was appointed as Director on 21 Feb 2023. Balakrishna Sudhanva was appointed as Director on 30 Dec 2021. Higrovet Nutritions has 6 board changes on record in total.
Yes, Higrovet Nutritions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0077699).
The registered office of Higrovet Nutritions is at Plot II – A1 Shop No 2 Grapes Garden Behind Triveni Petro – Outlet T Dasarahall, I, Bangalore, Karnataka, India – 560057.
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