
About Ind Agiv Commerce Limited
Data last updated:
Ind Agiv Commerce Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 19 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L32100MH1986PLC039004. Its GSTIN is 27AAACV2222Q1Z4 (Maharashtra). The company holds 6 GST registrations, of which 3 are active. Its shares are listed on BSE: 517077.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹3.06 Cr. It was formerly known as Vishal Electro-Mech (India) Limited. It is led by directors including Lalit Lajpat Chouhan (Managing Director) and Vashdev Bhagwandas Rupani.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 514 B Kanara Business Center Andheri Ghatkoper Link Road Near Laxmi Nagar, Ghatkoper(E) Mumbai Maharashtra 400075, Maharashtra, India – 400075.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2.58 Cr, a decline of 33.8% compared to the previous year. For the same year it recorded a net loss of ₹48 Lakh (net margin -18.6%) and EBITDA of -₹1.27 Cr (EBITDA margin -49.2%). The net worth stands at ₹65 Lakh (up 116% YoY). Total assets are valued at ₹14.53 Cr (down 3.8% YoY).
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Agiv Group. As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹5.32 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 14 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agivavit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address514 B Kanara Business Center Andheri Ghatkoper Link Road Near Laxmi Nagar, Ghatkoper(E) Mumbai Maharashtra 400075, Maharashtra, India – 400075
- IndustryMedia and Publishing, Film & Digital Content Production
- 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
- One PDF report, delivered after checkout
Business Activity of Ind Agiv Commerce Limited
The main business activities of Ind Agiv Commerce are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ind Agiv Commerce Limited FY 2025-26 filings available
Ind Agiv Commerce Limited reported revenue of ₹2.58 Cr (down 33.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2.58 | 3.90 | 8.94 | 13.09 | 5.99 | 8.49 | 12.96 |
| Revenue growth | -33.9% | -56.4% | -31.7% | +118.5% | -29.5% | -34.5% | - |
| EBITDA | (1.27) | (0.63) | (0.91) | (1.09) | (2.34) | (1.33) | 1.54 |
| EBITDA margin | -49.2% | -16.2% | -10.2% | -8.3% | -39.1% | -15.7% | +11.9% |
| Profit before tax | (1.25) | (1.90) | (3.16) | (2.95) | 0.51 | (2.41) | 0.33 |
| Net profit | (0.48) | (1.66) | (3.16) | (2.89) | 0.01 | (2.09) | 0.22 |
| Net profit margin | -18.6% | -42.6% | -35.4% | -22.1% | +0.2% | -24.6% | +1.7% |
| EPS (₹) | (14.97) | (18.96) | (31.60) | (28.95) | 0.62 | (23.55) | 2.15 |
| Balance sheet | |||||||
| Total assets | 14.53 | 15.11 | 18.94 | 20.74 | 12.92 | 19.81 | 21.70 |
| Net worth | 0.65 | (4.06) | (2.16) | (0.25) | 3.89 | 6.01 | 8.36 |
| Total debt | 5.06 | 4.93 | 8.86 | 10.63 | 3.07 | 9.42 | 9.18 |
| Cash & bank | 0.27 | 0.67 | 3.12 | 3.39 | 2.42 | 0.95 | 1.04 |
| Net working capital | 5.41 | 5.79 | 9.59 | 19.30 | 12.16 | 12.69 | 13.31 |
| Cash flow | |||||||
| Cash from operations | (6.36) | (3.76) | (1.90) | 2.87 | (8.07) | (0.09) | 1.17 |
| Cash from investing | 0.76 | 0.00 | 2.14 | 0.12 | 7.73 | 0.00 | 0.03 |
| Cash from financing | 5.97 | 0.00 | (0.03) | (1.97) | 0.00 | 0.00 | (1.03) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.06 | 0.06 | 0.36 | 1.64 | 0.68 | 0.85 | 2.35 |
| Revenue growth (YoY) | -100.0% | -91.2% | -92.9% | -84.7% | -30.2% | -85.8% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.26 | 0.00 | 0.00 | 0.00 | 0.02 |
| EBITDA | (0.08) | (0.93) | (0.01) | (0.48) | 0.05 | (0.11) | (0.40) | (0.14) |
| EBITDA margin | - | -1550.0% | -16.7% | -133.3% | +3.0% | -16.2% | -47.1% | -6.0% |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 0.03 | 0.00 | 0.00 | 0.08 | 0.14 | 0.24 | 0.45 | 0.55 |
| Profit before tax | (0.12) | (0.93) | (0.01) | (0.30) | (0.10) | (0.36) | (0.86) | (0.68) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 |
| Net profit | (0.12) | (0.93) | (0.01) | (0.30) | (0.10) | (0.36) | (0.93) | (0.68) |
| EPS (₹) | (0.31) | (4.54) | (0.08) | (3.03) | (1.06) | (3.56) | (9.30) | (7.50) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2.45 | 3.53 | 8.22 | 12.28 | 5.31 | 7.99 | 11.26 |
| Revenue growth | -30.6% | -57.1% | -33.1% | +131.3% | -33.5% | -29.0% | - |
| EBITDA | (1.31) | (0.61) | (0.86) | (1.20) | (2.20) | (0.69) | 1.51 |
| EBITDA margin | -53.5% | -17.3% | -10.5% | -9.8% | -41.4% | -8.6% | +13.4% |
| Profit before tax | (1.29) | (1.83) | (3.10) | (3.08) | 0.67 | (1.75) | 0.31 |
| Net profit | (0.52) | (1.59) | (3.10) | (3.02) | 0.28 | (1.71) | 0.21 |
| Net profit margin | -21.2% | -45.0% | -37.7% | -24.6% | +5.3% | -21.4% | +1.9% |
| EPS (₹) | (4.22) | (18.42) | (31.11) | (30.19) | 2.14 | (17.19) | 2.03 |
| Balance sheet | |||||||
| Total assets | 12.63 | 12.71 | 15.86 | 17.88 | 11.70 | 18.37 | 19.58 |
| Net worth | 0.17 | (4.19) | (2.55) | 0.09 | 3.11 | 5.07 | 6.79 |
| Total debt | 4.45 | 4.45 | 8.38 | 9.38 | 3.07 | 8.77 | 8.64 |
| Cash & bank | 0.26 | 0.65 | 2.94 | 3.20 | 2.34 | 0.86 | 0.96 |
| Net working capital | 5.67 | 5.57 | 8.68 | 16.17 | 10.64 | 10.96 | 11.00 |
| Cash flow | |||||||
| Cash from operations | (6.36) | (2.59) | (0.23) | 2.88 | (8.06) | (0.06) | 1.14 |
| Cash from investing | (0.52) | 0.30 | 2.82 | 0.11 | 7.72 | 0.00 | 0.03 |
| Cash from financing | 5.97 | 0.00 | 0.00 | (2.24) | 0.00 | 0.00 | (1.03) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.36 | 1.57 | 0.61 | 1.01 | 1.01 |
| Revenue growth (YoY) | -100.0% | -100.0% | -100.0% | -64.4% | -26.6% | -86.1% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.07 | 0.83 | 0.05 | 0.82 | 1.54 | 0.70 | 1.19 | 1.19 |
| EBITDA | (0.07) | (0.83) | (0.05) | (0.46) | 0.03 | (0.09) | (0.18) | (0.18) |
| EBITDA margin | - | - | - | -127.8% | +1.9% | -14.8% | -17.8% | -17.8% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.03 | 0.00 | 0.00 | 0.08 | 0.14 | 0.24 | 0.46 | 0.46 |
| Profit before tax | (0.10) | (0.83) | (0.05) | (0.29) | (0.11) | (0.33) | (0.64) | (0.64) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.06 | 0.06 | 0.36 | 1.64 | 0.68 | 0.85 | 2.35 |
| Revenue growth (YoY) | -100.0% | -91.2% | -92.9% | -84.7% | -30.2% | -85.8% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.26 | 0.00 | 0.00 | 0.00 | 0.02 |
| EBITDA | (0.08) | (0.93) | (0.01) | (0.48) | 0.05 | (0.11) | (0.40) | (0.14) |
| EBITDA margin | - | -1550.0% | -16.7% | -133.3% | +3.0% | -16.2% | -47.1% | -6.0% |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 0.03 | 0.00 | 0.00 | 0.08 | 0.14 | 0.24 | 0.45 | 0.55 |
| Profit before tax | (0.12) | (0.93) | (0.01) | (0.30) | (0.10) | (0.36) | (0.86) | (0.68) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 |
| Net profit | (0.12) | (0.93) | (0.01) | (0.30) | (0.10) | (0.36) | (0.93) | (0.68) |
| EPS (₹) | (0.31) | (4.54) | (0.08) | (3.03) | (1.06) | (3.56) | (9.30) | (7.50) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.58 | 3.90 | 8.94 | 13.09 | 5.99 | 8.49 | 12.96 |
| Revenue growth | -33.9% | -56.4% | -31.7% | +118.5% | -29.5% | -34.5% | - |
| Other income | 0.25 | 0.00 | 0.16 | 0.47 | 3.96 | 0.54 | 0.80 |
| Total expenses | 3.85 | 4.53 | 9.85 | 14.18 | 8.33 | 9.82 | 11.42 |
| Employee cost | 0.00 | 1.33 | 1.74 | 2.14 | 2.10 | 2.38 | 3.17 |
| EBITDA | (1.27) | (0.63) | (0.91) | (1.09) | (2.34) | (1.33) | 1.54 |
| EBITDA margin | -49.2% | -16.2% | -10.2% | -8.3% | -39.1% | -15.7% | +11.9% |
| Depreciation | 0.01 | 0.03 | 0.03 | 0.03 | 0.07 | 0.20 | 0.21 |
| Interest | 0.22 | 1.24 | 2.38 | 2.30 | 1.04 | 1.42 | 1.80 |
| Profit before tax | (1.25) | (1.90) | (3.16) | (2.95) | 0.51 | (2.41) | 0.33 |
| Tax | 0.00 | 0.00 | 0.00 | (0.06) | 0.45 | (0.06) | 0.11 |
| Net profit | (0.48) | (1.66) | (3.16) | (2.89) | 0.01 | (2.09) | 0.22 |
| Net profit margin | -18.6% | -42.6% | -35.4% | -22.1% | +0.2% | -24.6% | +1.7% |
| EPS (₹) | (14.97) | (18.96) | (31.60) | (28.95) | 0.62 | (23.55) | 2.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.71 | 3.65 | 3.65 | 2.40 | 3.65 | 3.65 | 3.65 |
| Reserves & surplus | (5.06) | (7.71) | (5.81) | (2.65) | 0.24 | 2.36 | 4.71 |
| Shareholders' funds (net worth) | 0.65 | (4.06) | (2.16) | (0.25) | 3.89 | 6.01 | 8.36 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 4.45 | 4.45 | 5.37 | 9.38 | 2.96 | 8.60 | 7.60 |
| Unsecured loans | 0.61 | 0.48 | 3.49 | 1.25 | 0.11 | 0.82 | 1.58 |
| Total debt | 5.06 | 4.93 | 8.86 | 10.63 | 3.07 | 9.42 | 9.18 |
| Total liabilities | 14.53 | 15.11 | 18.94 | 20.74 | 12.92 | 19.81 | 21.70 |
| Assets | |||||||
| Gross block | 8.81 | 8.81 | 8.78 | 0.54 | 0.57 | 5.20 | 5.51 |
| Net block | 8.23 | 8.24 | 8.24 | 0.06 | 0.07 | 3.92 | 4.37 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.18 | 2.18 |
| Investments | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.00 |
| Inventories | 0.21 | 2.07 | 2.25 | 9.36 | 9.40 | 9.85 | 11.23 |
| Sundry debtors | 2.19 | 9.67 | 10.11 | 8.38 | 3.16 | 4.57 | 3.62 |
| Cash & bank balances | 0.27 | 0.67 | 3.12 | 3.39 | 2.42 | 0.95 | 1.04 |
| Loans & advances | 7.62 | 8.39 | 8.38 | 7.27 | 1.13 | 1.49 | 2.88 |
| Total current assets | 10.29 | 20.80 | 23.86 | 28.40 | 16.11 | 16.86 | 18.77 |
| Total current liabilities | 4.88 | 15.01 | 14.27 | 9.10 | 3.95 | 4.17 | 5.46 |
| Net working capital | 5.41 | 5.79 | 9.59 | 19.30 | 12.16 | 12.69 | 13.31 |
| Total assets | 14.53 | 15.11 | 18.94 | 20.74 | 12.92 | 19.81 | 21.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | (0.64) | 3.12 | 2.78 | 0.13 | 0.47 | 0.56 | 0.38 |
| Net cash from operating activities | (6.36) | (3.76) | (1.90) | 2.87 | (8.07) | (0.09) | 1.17 |
| Net cash from investing activities | 0.76 | 0.00 | 2.14 | 0.12 | 7.73 | 0.00 | 0.03 |
| Net cash from financing activities | 5.97 | 0.00 | (0.03) | (1.97) | 0.00 | 0.00 | (1.03) |
| Net change in cash | 0.36 | (3.76) | 0.21 | 1.01 | (0.34) | (0.09) | 0.18 |
| Closing cash | 0.27 | 0.67 | 3.12 | 3.39 | 2.42 | 0.95 | 1.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -33.9% | -56.4% | -31.7% | +118.5% | -29.5% | -34.5% | - |
| EBITDA growth | -101.6% | +30.8% | +16.5% | +53.4% | -75.9% | -186.4% | - |
| PBT growth | +34.2% | +39.9% | -7.1% | - | +9998.0% | - | -37.7% |
| Net income growth | +71.1% | +47.5% | -9.3% | - | +100.5% | -1050.0% | - |
| Revenue CAGR (3Y) | -41.8% | -13.3% | +1.7% | +0.3% | -35.5% | -14.1% | +4.9% |
| EBITDA CAGR (3Y) | +5.2% | -35.4% | -11.9% | - | - | - | +24.4% |
| Profitability & leverage | |||||||
| Net income margin | -48.5% | -48.7% | -35.4% | -22.1% | +1.0% | -27.7% | +1.7% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | +12.9% | 0.0% | +11.7% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | +0.7% | 0.0% | +6.8% |
| Debt / equity | - | 0.00 | 0.00 | 3.96 | 1.66 | 1.89 | 1.70 |
| Long-term debt / equity | - | 0.00 | 0.00 | 2.12 | 0.25 | 0.19 | 0.15 |
| Interest cover | -17.19 | -187.88 | -253.19 | -205.36 | -43.15 | -92.81 | 135.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.45 | 1.96 | 28.15 | 3.51 | 2.75 | 4.15 |
| Inventory turnover | - | 1.81 | 1.54 | 1.40 | 0.62 | 0.81 | 1.50 |
| Debtors turnover | - | 0.39 | 0.97 | 2.27 | 1.55 | 2.07 | 3.06 |
| EPS (₹) | (14.97) | (18.96) | (31.60) | (28.95) | 0.62 | (23.55) | 2.15 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (67.96) | (49.00) | (17.40) | 11.55 | 10.93 | 34.47 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.36 | 1.57 | 0.61 | 1.01 | 1.01 |
| Revenue growth (YoY) | -100.0% | -100.0% | -100.0% | -64.4% | -26.6% | -86.1% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.07 | 0.83 | 0.05 | 0.82 | 1.54 | 0.70 | 1.19 | 1.19 |
| EBITDA | (0.07) | (0.83) | (0.05) | (0.46) | 0.03 | (0.09) | (0.18) | (0.18) |
| EBITDA margin | - | - | - | -127.8% | +1.9% | -14.8% | -17.8% | -17.8% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.03 | 0.00 | 0.00 | 0.08 | 0.14 | 0.24 | 0.46 | 0.46 |
| Profit before tax | (0.10) | (0.83) | (0.05) | (0.29) | (0.11) | (0.33) | (0.64) | (0.64) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.45 | 3.53 | 8.22 | 12.28 | 5.31 | 7.99 | 11.26 |
| Revenue growth | -30.6% | -57.1% | -33.1% | +131.3% | -33.5% | -29.0% | - |
| Other income | 0.25 | 0.00 | 0.16 | 0.38 | 3.95 | 0.53 | 0.76 |
| Total expenses | 3.76 | 4.14 | 9.08 | 13.48 | 7.51 | 8.68 | 9.75 |
| Employee cost | 0.65 | 1.04 | 1.44 | 1.70 | 1.66 | 1.91 | 2.42 |
| EBITDA | (1.31) | (0.61) | (0.86) | (1.20) | (2.20) | (0.69) | 1.51 |
| EBITDA margin | -53.5% | -17.3% | -10.5% | -9.8% | -41.4% | -8.6% | +13.4% |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.02 | 0.06 | 0.19 | 0.19 |
| Interest | 0.22 | 1.20 | 2.38 | 2.24 | 1.02 | 1.40 | 1.77 |
| Profit before tax | (1.29) | (1.83) | (3.10) | (3.08) | 0.67 | (1.75) | 0.31 |
| Tax | 0.00 | 0.00 | 0.00 | (0.06) | 0.45 | (0.04) | 0.10 |
| Net profit | (0.52) | (1.59) | (3.10) | (3.02) | 0.28 | (1.71) | 0.21 |
| Net profit margin | -21.2% | -45.0% | -37.7% | -24.6% | +5.3% | -21.4% | +1.9% |
| EPS (₹) | (4.22) | (18.42) | (31.11) | (30.19) | 2.14 | (17.19) | 2.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.83 | 3.08 | 2.88 | 2.40 | 2.40 | 2.40 | 2.40 |
| Reserves & surplus | (4.66) | (7.27) | (5.43) | (2.31) | 0.71 | 2.67 | 4.39 |
| Shareholders' funds (net worth) | 0.17 | (4.19) | (2.55) | 0.09 | 3.11 | 5.07 | 6.79 |
| Secured loans | 4.45 | 4.45 | 5.82 | 9.38 | 3.07 | 8.77 | 7.85 |
| Unsecured loans | 0.00 | 0.00 | 2.56 | 0.00 | 0.00 | 0.00 | 0.79 |
| Total debt | 4.45 | 4.45 | 8.38 | 9.38 | 3.07 | 8.77 | 8.64 |
| Total liabilities | 12.63 | 12.71 | 15.86 | 17.88 | 11.70 | 18.37 | 19.58 |
| Assets | |||||||
| Gross block | 5.67 | 5.68 | 6.06 | 0.43 | 0.42 | 5.04 | 4.91 |
| Net block | 5.67 | 5.68 | 5.68 | 0.02 | 0.04 | 3.87 | 4.02 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.18 | 2.18 |
| Investments | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 |
| Inventories | 0.15 | 2.02 | 2.10 | 6.85 | 6.87 | 7.34 | 9.61 |
| Sundry debtors | 2.19 | 9.56 | 9.94 | 8.17 | 3.11 | 4.61 | 3.50 |
| Cash & bank balances | 0.26 | 0.65 | 2.94 | 3.20 | 2.34 | 0.86 | 0.96 |
| Loans & advances | 7.91 | 8.24 | 7.76 | 6.81 | 1.85 | 1.02 | 2.06 |
| Total current assets | 10.51 | 20.47 | 22.74 | 25.03 | 14.17 | 13.83 | 16.13 |
| Total current liabilities | 4.84 | 14.90 | 14.06 | 8.86 | 3.53 | 2.87 | 5.13 |
| Net working capital | 5.67 | 5.57 | 8.68 | 16.17 | 10.64 | 10.96 | 11.00 |
| Total assets | 12.63 | 12.71 | 15.86 | 17.88 | 11.70 | 18.37 | 19.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.65 | 2.94 | 0.35 | 0.09 | 0.43 | 0.48 | 0.34 |
| Net cash from operating activities | (6.36) | (2.59) | (0.23) | 2.88 | (8.06) | (0.06) | 1.14 |
| Net cash from investing activities | (0.52) | 0.30 | 2.82 | 0.11 | 7.72 | 0.00 | 0.03 |
| Net cash from financing activities | 5.97 | 0.00 | 0.00 | (2.24) | 0.00 | 0.00 | (1.03) |
| Net change in cash | (0.91) | (2.29) | 2.59 | 0.76 | (0.34) | (0.05) | 0.14 |
| Closing cash | 0.26 | 0.65 | 2.94 | 3.20 | 2.34 | 0.86 | 0.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -30.6% | -57.1% | -33.1% | +131.3% | -33.5% | -29.0% | - |
| EBITDA growth | -114.8% | +29.1% | +28.3% | +45.5% | -218.8% | -145.7% | - |
| PBT growth | +29.5% | +41.0% | -0.7% | - | +9998.0% | - | +40.9% |
| Net income growth | +67.3% | +48.7% | -2.7% | -1178.6% | +116.4% | -914.3% | - |
| Revenue CAGR (3Y) | -41.6% | -12.7% | +1.0% | +2.9% | -23.4% | -3.0% | +19.4% |
| EBITDA CAGR (3Y) | +3.0% | -34.8% | +7.6% | - | - | - | +28.0% |
| Profitability & leverage | |||||||
| Net income margin | -52.7% | -51.8% | -37.7% | -24.6% | +4.1% | -21.4% | +1.9% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | +15.3% | 0.0% | +12.9% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | +17.1% | 0.0% | +7.2% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 4.12 | 2.03 | 2.37 | 2.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 2.43 | 0.32 | 0.26 | 0.11 |
| Interest cover | -16.67 | -190.48 | -270.45 | -183.61 | -45.13 | -159.09 | 134.09 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.44 | 0.73 | 3.68 | 36.66 | 3.43 | 2.95 | 4.20 |
| Inventory turnover | 2.26 | 1.71 | 1.84 | 1.79 | 0.75 | 0.94 | 1.57 |
| Debtors turnover | 0.42 | 0.36 | 0.91 | 2.18 | 1.38 | 1.97 | 3.44 |
| EPS (₹) | (4.22) | (18.42) | (31.11) | (30.19) | 2.14 | (17.19) | 2.03 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (5.52) | (63.62) | (63.62) | (13.98) | 16.21 | 14.07 | 31.26 |
Auditor Details of Ind Agiv Commerce Limited
Ind Agiv Commerce Limited is audited by S. Dedhia & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. Dedhia & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ind Agiv Commerce Limited
Ind Agiv Commerce has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vashdev Bhagwandas Rupani Also directs: RST Technologies Private Limited, Datapoint Impex Private Limited | Director | 30 May 2001 | 25 Years 4 Months | Current |
| Champak Shantilal Shah | Director | 27 Jan 2016 | 10 Years 8 Months | Current |
| Lalit Lajpat Chouhan Also directs: RST Technologies Private Limited | Managing Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Yogesh Vithaldas Thakkar | Director | 22 Aug 2022 | 4 Years 1 Months | Current |
| Kishin Devidas Mulchandani | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Nandkishore Sharma Also directs: Nandini Chemicals Limited, Balaji Multi Colours Private Limited, Kores Services Limited and 1 more | Director | 17 Jul 2018 | 8 Years 2 Months | Current |
Shareholding Pattern of Ind Agiv Commerce Limited
Shareholding for the quarter ended Jun 2026: promoters hold 28.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 71.30%.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 28.70% | 28.70% | 72.20% | 72.20% |
| Public | 71.30% | 71.30% | 27.80% | 27.80% |
Charges & Borrowings of Ind Agiv Commerce Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2023 | Others | ₹1 Cr | Open |
| 14 Dec 2022 | Others | ₹2.2 Cr | Open |
| 30 Nov 2022 | Others | ₹3.3 Cr | Open |
| 31 Jul 2020 | Axis Bank Limited | ₹1 Cr | Open |
| 28 Sep 2017 | Axis Bank Limited | ₹4.5 Cr | Open |
Total charge records: 9 View all charges
Legal Cases of Ind Agiv Commerce Limited
Ind Agiv Commerce Limited has 19 court cases on record: 4 filed by Ind Agiv Commerce, 14 filed against it, 1 where it is another party. 8 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 7 |
| High courts | 7 | 4 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Red Fort Capital Finance Company Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Exodus Information Technology Private Limited | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Sun Infonet Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Clix Capital Services Private Limited | Pending |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Ind Agiv Commerce Limited
Ind Agiv Commerce operates one associated brand: Agiv Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Audio-video conference and video production services are provided. | agivavit.com |
Employees and EPFO Compliance at Ind Agiv Commerce Limited
Ind Agiv Commerce Limited has a workforce of 11 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ind Agiv Commerce Limited
Ind Agiv Commerce has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Rst Technologies Private Limited | U93000MH2008PTC186298 | - |
Showing major subsidiaries. Total: 1.
CIN History of Ind Agiv Commerce Limited
Ind Agiv Commerce has one previous CIN (Corporate Identification Number): U32100MH1986PLC039004. The current CIN is L32100MH1986PLC039004, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L32100MH1986PLC039004 | Current |
| U32100MH1986PLC039004 | Previous |
News related to Ind Agiv Commerce Limited
Recent Activity on Ind Agiv Commerce Limited
Ind Agiv Commerce Limited has 23 board changes on record since 2001: 16 appointments and 7 cessations. The latest: Omprakash Keshavdev Harshwal was appointed as Company Secretary on 03 Dec 2025.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ind Agiv Commerce Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ind Agiv Commerce Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ind Agiv Commerce Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ind Agiv Commerce Limited
Ind Agiv Commerce has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV2222Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 07AAACV2222Q1Z6 | Delhi | Active | 01 Jul 2017 |
| 29AAACV2222Q1Z0 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ind Agiv Commerce Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ind Agiv Commerce Limited
Ind Agiv Commerce is an active public limited company based in Mumbai, Maharashtra, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 19 February 1986 (40+ years old) and is registered under CIN L32100MH1986PLC039004. Listed on BSE: 517077.
Ind Agiv Commerce reported revenue of ₹2.58 Cr for FY 2025-26 (down 33.8% YoY) based on consolidated financials.
Ind Agiv Commerce has 6 current directors:
- Lalit Lajpat Chouhan - Managing Director
- Vashdev Bhagwandas Rupani - Director
- Champak Shantilal Shah - Director
- Yogesh Vithaldas Thakkar - Director
- Kishin Devidas Mulchandani - Director
- Nandkishore Sharma - Director
The GSTIN of Ind Agiv Commerce is 27AAACV2222Q1Z4, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAACV2222Q1Z6 (Delhi), 29AAACV2222Q1Z0 (Karnataka).
The CIN (Corporate Identification Number) of Ind Agiv Commerce is L32100MH1986PLC039004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ind Agiv Commerce is listed on BSE with code 517077.
Ind Agiv Commerce has 19 court cases on record: 4 filed by the company and 14 filed against it. 8 are pending. Most are in the district courts.
Ind Agiv Commerce was incorporated on 19 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Omprakash Keshavdev Harshwal was appointed as Company Secretary on 03 Dec 2025. Hitesh Vinod Kaswa ceased to be Director on 14 Jun 2023. Taiseen Nasir Shaikh ceased to be Director on 30 Mar 2023. Ind Agiv Commerce has 23 board changes on record in total.
Ind Agiv Commerce can be reached through the website agivavit.com. Its registered office is in Mumbai, Maharashtra, India.