Icmc Corporation Limited - agriculture in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U24294TN1995PLC029929 Incorporated 24 January 1995 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Public Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2024
₹168.89 Cr
▲ 4% YoY
Net profit · FY 2024
₹91.02 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹9.51 Cr
EBITDA margin 5.6%
Authorised capital
₹7.25 Cr
Registered with MCA
Paid-up capital
₹6.26 Cr
Issued & subscribed
Open charges
₹47.68 Cr
Satisfied ₹346.19 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
24
Provident fund records

About Icmc Corporation Limited

Data last updated:

Icmc Corporation Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 24 January 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24294TN1995PLC029929. Its GSTIN is 33AAACI7030D1Z7 (Tamil Nadu). The company holds 9 GST registrations, all of them active.

The company has an authorised share capital of ₹7.25 Cr and a paid-up capital of ₹6.26 Cr. It was formerly known as Industrial Chemicals Manufacturing Co Ltd. It is led by directors including Mahadevan Kannan (Managing Director) and Mahadevan Ganapathy Subramaniam.

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 Chennai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹168.89 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹91.02 Lakh (net margin 0.5%) and EBITDA of ₹9.51 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.

The company has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹47.68 Cr and satisfied charges of ₹346.19 Cr on record. Court records list 136 cases involving the company, including 76 filed by the company and 60 filed against it; 22 cases are pending.

Icmc Corporation Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-27-0009742). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icmcgroup.com.

Company details

CIN U24294TN1995PLC029929
Registration Number 029929
Incorporation Date 24 January 1995
ROC Chennai
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-TN-27-0009742

Recognitions & Rankings of Icmc Corporation

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-27-0009742

Contact details

Icmc Corporation Limited's registered office is in Chennai, Tamil Nadu. Its website is icmcgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 59 Moosa Street, T.Nagar, Chennai, Tamil Nadu, India – 600017
  • Industry
    Agriculture, Fertilizers & Soil Enhancers

To see the full contact details of Icmc Corporation Limited, buy the company report.

Comprehensive company report
Icmc Corporation 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 Icmc Corporation is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Icmc Corporation Limited, buy the company report.

Financials of Icmc Corporation Limited

FY 2024 filings available

Icmc Corporation Limited reported revenue of ₹168.89 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹168.89 Cr ▲ 4%
Net profit · FY 2024
₹91.02 Lakh margin 0.5%
EBITDA · FY 2024
₹9.51 Cr margin 5.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 4% growth in the latest year. EBITDA rose 39% 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₹9.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹91.02 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.6%
Net Profit Margin0.5%
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 Icmc Corporation Limited, buy the company report.

Board of directors of Icmc Corporation Limited

Icmc Corporation has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahadevan KannanManaging Director24 Jan 199531 Years 9 MonthsCurrent
Mahadevan Ganapathy SubramaniamDirector24 Jan 199531 Years 9 MonthsCurrent
Kannan BhuvanaDirector05 Sep 201214 Years 1 MonthsCurrent

Auditor

Icmc Corporation Limited is audited by Vasu Jayaraman & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Vasu Jayaraman & CoFY 2023005577S

Shareholding

The shareholding of Icmc Corporation 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 Icmc Corporation Limited, buy the company report.

Charges & borrowings

Open charges
₹47.68 Cr
Satisfied charges
₹346.19 Cr
Breakdown by lending institutions
Others₹25.92 Cr
Indian Bank₹20.81 Cr
Axis Bank Limited₹0.70 Cr
Punjab National Bank₹0.26 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jul 2025101132593Indian Bank₹17.21 CrOpen
12 Jun 2023100729768Indian Bank₹3.5 CrOpen
17 Feb 2020100324281Axis Bank Limited₹70 LakhOpen
30 Nov 2018100230013Indian Bank₹2.89 LakhOpen
26 Sep 2018100230014Indian Bank₹6.67 LakhOpen

To see the full charge records of Icmc Corporation Limited, buy the company report.

Total charge records: 24 View all charges

Credit ratings & regulatory alerts

Icmc Corporation Limited was last rated by Brickwork on 15 Jun 2021.

Rating agencyRated onRating
Brickwork15 Jun 2021

To see the full credit ratings and regulatory alerts of Icmc Corporation Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Icmc Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Icmc Corporation Limited has a workforce of 24 employees on its EPFO records as of Apr 05, 2024, across 3 active EPFO establishments.

Employee count
24
Active EPFO establishments
3
Employee growth
4.35%

GST

Icmc Corporation has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
9
GSTINStateStatusRegistered on
33AAACI7030D1Z7Tamil NaduActive01 Jul 2017
33AAACI7030D1DGTamil NaduActive23 Oct 2024
02AAACI7030D1ZCHimachal PradeshActive01 Jul 2017
27AAACI7030D1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Icmc Corporation Limited, buy the company report.

Recent activity

Icmc Corporation Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Mahadevan Ravi ceased to be Whole-Time Director on 20 Oct 2023.

Charges
A charge registered on 16 Dec 2002 via Charge ID 80025134 with Others was fully satisfied on 26 Aug 2025.
Charges
A charge with Indian Bank amounted to Rs. 17.21 Cr with Charge ID 101132593 was registered on 09 Jul 2025.
AGM
Icmc Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Icmc Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Mahadevan Ravi ceased to be Whole-Time Director.
Ceased
Ramani ceased to be Director.
Charges
A charge with Indian Bank amounted to Rs. 3.50 Cr with Charge ID 100729768 was registered on 12 Jun 2023.
Charges
A charge with Others of Rs. 45.38 Cr registered on 16 Dec 2002 with Charge ID 80025134 was modified on 26 Mar 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100324281 was registered on 17 Feb 2020.
Charges
A charge with Others of Rs. 25.38 Cr registered on 18 May 2017 with Charge ID 100103102 was modified on 09 Jan 2020.
Charges
A charge registered on 12 Dec 2005 via Charge ID 90289852 with Sundaram Finance Ltd was fully satisfied on 26 Sep 2019.
Charges
A charge registered on 03 Aug 2006 via Charge ID 10014956 with Sundaram Finance Limited was fully satisfied on 19 Aug 2019.

44 earlier events are in the company report.

Frequently asked questions

Icmc Corporation is an active public limited company based in Chennai, Tamil Nadu, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 24 January 1995 (31+ years old) and is registered under CIN U24294TN1995PLC029929.

Icmc Corporation has 3 current directors:

The latest financial statements of Icmc Corporation 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 Icmc Corporation is 33AAACI7030D1Z7, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 33AAACI7030D1DG (Tamil Nadu), 02AAACI7030D1ZC (Himachal Pradesh), 27AAACI7030D1Z0 (Maharashtra).

The CIN (Corporate Identification Number) of Icmc Corporation is U24294TN1995PLC029929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Icmc Corporation has 136 court cases on record: 76 filed by the company and 60 filed against it. 22 are pending. Most are in the high courts.

Icmc Corporation was incorporated on 24 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.

Mahadevan Ravi ceased to be Whole-Time Director on 20 Oct 2023. Ramani ceased to be Director on 20 Oct 2023. Mahalakshmi ceased to be Director on 31 Jan 2019. Icmc Corporation has 7 board changes on record in total.

Yes, Icmc Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-27-0009742).

Icmc Corporation can be reached through the website icmcgroup.com. Its registered office is in Chennai, Tamil Nadu, India.