Ichiban Crop Science Limited

Ichiban Crop Science Limited - agriculture in Delhi, India. FY 2026 financials & compliance.
CIN U33100DL2003PLC121287 Incorporated 14 July 2003 ROC Delhi HQ Delhi, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2025
₹692.21 Cr
▲ 33% YoY
Net profit · FY 2025
₹42.19 Cr
Net margin 6.1%
EBITDA · FY 2025
₹77 Cr
EBITDA margin 11.1%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹2.41 Cr
Issued & subscribed
Open charges
₹225.75 Cr
Satisfied ₹74.8 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
352
Provident fund records

About Ichiban Crop Science Limited

Data last updated:

Ichiban Crop Science Limited is a public limited company based in Delhi, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 14 July 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33100DL2003PLC121287. Its GSTIN is 03AABCH4363F1Z0 (Punjab). The company holds 19 GST registrations, of which 14 are active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹2.41 Cr. It was formerly known as Hpm Crop Science Limited. It is led by directors including Nikhil Aggarwal (Managing Director) and Neeti Aggarwal (Whole-Time Director).

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 Unit No. 708 Best Sky Tower F – 5 Netaji Subhash Place Pitampura, Delhi, India – 110034.

As per the financials filed for FY 2025, the company reported a revenue of ₹692.21 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹42.19 Cr (net margin 6.1%) and EBITDA of ₹77 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 23% over five years.

The company has about 352 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ICHIBAN Crop Science. As per MCA filings, the company has open charges of ₹225.75 Cr and satisfied charges of ₹74.8 Cr on record. Court records list 206 cases involving the company, including 168 filed by the company and 38 filed against it; 127 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.31 Cr; the latest was in March 2016. Its 8 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 3 smaller; the largest is Saraswati Agro Chemicals (India) Private Limited with revenue of ₹931.89 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 2,305 overdue payments to 42 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 ichiban.net.in.

Company details

CIN U33100DL2003PLC121287
Registration Number 121287
Incorporation Date 14 July 2003
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Ichiban Crop Science has one previous CIN (Corporate Identification Number): U24211DL2003PLC121287. The current CIN is U33100DL2003PLC121287, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U33100DL2003PLC121287Current
U24211DL2003PLC121287Previous

Contact details

Ichiban Crop Science Limited's registered office is in Delhi, Delhi. Its website is ichiban.net.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No. 708 Best Sky Tower F – 5 Netaji Subhash Place Pitampura, Delhi, India – 110034
  • Industry
    Agriculture, Crop Protection

To see the full contact details of Ichiban Crop Science Limited, buy the company report.

Comprehensive company report
Ichiban Crop Science 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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Secure checkout · GST invoice included

Brands

Ichiban Crop Science operates one associated brand: ICHIBAN Crop Science. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturers and distributors of agrochemicalsichiban.net.in

Business activity

The main business activity of Ichiban Crop Science 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 Ichiban Crop Science Limited, buy the company report.

Financials of Ichiban Crop Science Limited

FY 2025 filings available

Ichiban Crop Science Limited reported revenue of ₹692.21 Cr (up 33% YoY) for FY 2025.

Revenue · FY 2025
₹692.21 Cr ▲ 33%
Net profit · FY 2025
₹42.19 Cr margin 6.1%
EBITDA · FY 2025
₹77 Cr margin 11.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 30%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 38%
5 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 33% growth in the latest year. EBITDA rose 43% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹77 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹42.19 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.1%
Net Profit Margin6.1%
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 Ichiban Crop Science Limited, buy the company report.

Board of directors of Ichiban Crop Science Limited

Ichiban Crop Science has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neeti AggarwalWhole-Time Director12 Oct 201511 Years 0 MonthsCurrent
Ashok Mahan NarulaDirector01 Aug 20233 Years 2 MonthsCurrent
Ashish KumarDirector19 May 20233 Years 5 MonthsCurrent
Ashish Ranjan MohapatraDirector12 Oct 201511 Years 0 MonthsCurrent
Radhey Shyam KumawatDirector25 Jun 20242 Years 4 MonthsCurrent
Nikhil AggarwalManaging Director14 Jul 200323 Years 3 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Ichiban Crop Science Limited is compared with the 8 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Saraswati Agro Chemicals (India) Private Limited₹931.89 Cr (FY 2025)19.0%Punjab, India
Punjab Chemicals and Crop Protection Limited₹901.95 Cr (FY 2025)-4.0%Derabassi, Punjab, India
Ju Agri Sciences Private Limited₹874.82 Cr (FY 2024)4.0%New Delhi, Delhi, India
Biostadt India Limited₹849.91 Cr (FY 2024)-7.0%Mumbai, Maharashtra, India
India Pesticides Limited.₹843.44 Cr (FY 2025)21.0%Uttar Pradesh, India
Ichiban Crop Science Limitedthis company₹692.21 Cr (FY 2025)₹42.19 Cr6.1%33.0%352Delhi, India
Monsanto India Limited₹691.56 Cr (FY 2019)0.0%Thane, Maharashtra, India
Sandhya Organic Chemicals Pvt Ltd₹652.59 Cr (FY 2025)11.0%Vapi, Gujarat, India
Indogulf Cropsciences Limited₹594.48 Cr (FY 2025)7.0%New Delhi, Delhi, India

To see the full peer comparison of Ichiban Crop Science Limited, buy the company report.

Auditor

Ichiban Crop Science Limited is audited by P Shanker & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P Shanker & AssociatesFY 2023007480N

Shareholding

The shareholding of Ichiban Crop Science 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 Ichiban Crop Science Limited, buy the company report.

Charges & borrowings

Open charges
₹225.75 Cr
Satisfied charges
₹74.8 Cr
Breakdown by lending institutions
Citi Bank N.A.₹71.90 Cr
Hdfc Bank Limited₹65.07 Cr
The Hongkong and Shanghai Banking Corporation Limited₹58.29 Cr
Others₹30.00 Cr
Axis Bank Limited₹0.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Dec 2025101211817Hdfc Bank Limited₹7.95 LakhOpen
12 Dec 2025101209307Hdfc Bank Limited₹4.15 LakhOpen
27 Oct 2025101182317Hdfc Bank Limited₹5.05 LakhOpen
30 Aug 2025101148724Hdfc Bank Limited₹8 LakhOpen
04 Aug 2025101142062Hdfc Bank Limited₹5.5 LakhOpen

To see the full charge records of Ichiban Crop Science Limited, buy the company report.

Total charge records: 103 View all charges

Deals & funding

Ichiban Crop Science Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.31 Cr; the latest was in March 2016.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹2.31 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2016Funding round₹2.31 CrInvestors: 2 individuals
Oct 2015Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Aug 2012Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

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

MSME payment delays

Ichiban Crop Science Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 2,305 overdue payments to 42 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 42)

SupplierAmount dueDue sinceReported on
Bharat Propack Private Limited
an individual supplier
Alpha Galaxy
an individual supplier
A-One Laminators Private Limited

To see the full MSME payment records of Ichiban Crop Science Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ichiban Crop Science Limited has a workforce of 352 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.

Employee count
352
Active EPFO establishments
2
Employee growth
22.22%

GST

Ichiban Crop Science has 19 GST registrations: 14 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
19
Active
14
Cancelled / inactive
5
GSTINStateStatusRegistered on
03AABCH4363F1Z0PunjabActive01 Jul 2017
06AABCH4363F1ZUHaryanaActive01 Jul 2017
19AABCH4363F1ZNWest BengalActive01 Jul 2017
20AABCH4363F1Z4JharkhandActive01 Jul 2017

To see the full GST registrations and return filing status of Ichiban Crop Science Limited, buy the company report.

Recent activity

Ichiban Crop Science Limited has 19 board changes on record since 2003: 7 appointments and 12 cessations. The latest: Radhey Shyam Kumawat ceased to be Additional Director on 26 Sep 2024.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101211817 was registered on 27 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 101209307 was registered on 12 Dec 2025.
Charges
A charge registered on 17 Jun 2017 via Charge ID 100109642 with Hdfc Bank Limited was fully satisfied on 12 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 101182317 was registered on 27 Oct 2025.
AGM
Ichiban Crop Science Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 18 May 2024 via Charge ID 100928564 with Hdfc Bank Limited was fully satisfied on 10 Sep 2025.
Charges
A charge registered on 21 Jan 2022 via Charge ID 100528240 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 04 Sep 2025.
Charges
A charge registered on 21 Jan 2022 via Charge ID 100528248 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 04 Sep 2025.
Charges
A charge registered on 21 Jan 2022 via Charge ID 100528255 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 04 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101148724 was registered on 30 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 101142062 was registered on 04 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 101140405 was registered on 31 Jul 2025.

175 earlier events are in the company report.

News

Frequently asked questions

Ichiban Crop Science is an active public limited company based in Delhi, India. The company works in crop protection, within the agriculture industry. It was incorporated on 14 July 2003 (23+ years old) and is registered under CIN U33100DL2003PLC121287.

Ichiban Crop Science has 7 current directors:

The latest financial statements of Ichiban Crop Science 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 Ichiban Crop Science is 03AABCH4363F1Z0, registered in Punjab. The company has 19 GST registrations in all, of which 14 are active and 5 are cancelled or inactive. Other active GSTINs include 06AABCH4363F1ZU (Haryana), 19AABCH4363F1ZN (West Bengal), 20AABCH4363F1Z4 (Jharkhand).

The CIN (Corporate Identification Number) of Ichiban Crop Science is U33100DL2003PLC121287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ichiban Crop Science has 206 court cases on record: 168 filed by the company and 38 filed against it. 127 are pending. Most are in the district courts.

Ichiban Crop Science was incorporated on 14 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.

Ichiban Crop Science has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.31 Cr; the latest was in March 2016.

The peers of Ichiban Crop Science by revenue are Saraswati Agro Chemicals (India) Private Limited, Punjab Chemicals and Crop Protection Limited, Ju Agri Sciences Private Limited, Biostadt India Limited, India Pesticides Limited. and 3 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Radhey Shyam Kumawat ceased to be Additional Director on 26 Sep 2024. Radhey Shyam Kumawat was appointed as Director on 25 Jun 2024. Vinod Kumar ceased to be Additional Director on 27 Sep 2023. Ichiban Crop Science has 19 board changes on record in total.

Ichiban Crop Science has 13 MSME Form 1 returns on record between 2019 and 2023, listing 2,305 overdue payments to 42 micro and small suppliers. The latest return was filed on 31 Aug 2023.

Ichiban Crop Science can be reached through the website ichiban.net.in. Its registered office is in Delhi, India.