About Indofil Industries Limited
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Indofil Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 09 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1993PLC070713. Its GSTIN is 27AABCI4568D1ZM (Maharashtra). The company holds 36 GST registrations, of which 25 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹22.73 Cr. It was formerly known as Indofil Organic Industries Limited and Indofil Organic Industries Ltd. It is led by directors including Bina Modi (Managing Director) and Charu Modi.
Its last annual general meeting (AGM) was held on 16 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kalpataru Square 4th Floor Off Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2026, the company reported a revenue of ₹3,446.53 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹611.68 Cr (net margin 17.7%) and EBITDA of ₹989.71 Cr (EBITDA margin 28.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 1,037 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Indofil. As per MCA filings, the company has open charges of ₹878 Cr and satisfied charges of ₹3,510.84 Cr on record. Court records list 785 cases involving the company, including 685 filed by the company and 100 filed against it; 386 cases are pending. The company has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹5.08 Cr; the latest was in August 2024. The company has 8 MSME Form 1 returns on record between 2020 and 2024, listing 760 overdue payments to 146 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 indofil.com.
Company details
Name history
Indofil Industries has undergone 2 name changes throughout its history. The company was previously known as Indofil Organic Industries Limited, and Indofil Organic Industries Ltd. The current legal name is Indofil Industries Limited.
| Company Name | Status |
|---|---|
| Indofil Industries Limited | Current |
| Indofil Organic Industries Limited | Previous |
| Indofil Organic Industries Ltd | Previous |
Contact details
Indofil Industries Limited's registered office is in Mumbai, Maharashtra. Its website is indofil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKalpataru Square 4th Floor Off Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryAgriculture, Crop Protection
To see the full contact details of Indofil Industries 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
Brands
Indofil Industries operates one associated brand: Indofil. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agrochemicals and specialty products are manufactured, distributed, and marketed. | indofil.com |
Business activity
The main business activities of Indofil Industries are agriculture, forestry, fishing and manufacturing. In detail, this covers support activities to agriculture and other activities including hunting and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Indofil Industries Limited, buy the company report.
Financials of Indofil Industries Limited
FY 2026 filings availableIndofil Industries Limited reported revenue of ₹3,446.53 Cr (up 12% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 12% growth in the latest year. EBITDA rose 40% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,446.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹989.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹611.68 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.7% | ||||
| Net Profit Margin | 17.7% | ||||
| 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 Indofil Industries Limited, buy the company report.
Board of directors of Indofil Industries Limited
Indofil Industries has 7 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Modi | Managing Director | 14 Nov 2019 | 6 Years 11 Months | Current |
| Charu Modi Also directs: Godfrey Phillips India Limited, Modern Home Care Products Limited, Auster Wip Private Limited and 2 more | Director | 27 Jul 2002 | 24 Years 3 Months | Current |
| Aliya Modi | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Vijay Kiran Anand | Nominee Director | 16 Dec 2025 | 0 Years 10 Months | Current |
| Sharad Aggarwal | Director | 14 Jan 2026 | 0 Years 9 Months | Current |
| Atul Kumar Gupta | Director | 06 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Indofil Industries Limited is audited by Lodha & Company LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lodha & Company LLP | FY 2024 | 301051E |
Shareholding
The shareholding of Indofil Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indofil Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2018 | 100229998 | Idbi Trusteeship Services Limited | ₹878 Cr | Open | |
| 21 Dec 2018 | 100235067 | Idbi Trusteeship Services Limited | ₹37.5 Cr | Satisfied | |
| 22 Jan 2018 | 100153791 | Others | ₹67.68 Cr | Satisfied | |
| 19 Jun 2015 | 10601176 | Icici Bank Limited | ₹50 Cr | Satisfied | |
| 18 Jun 2015 | 10579005 | Kotak Mahindra Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Indofil Industries Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Indofil Industries Limited has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹5.08 Cr; the latest was in August 2024.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Rights issue | ₹5.93 Cr | Investors: U.P.State Industrial Development Corporation Limited , Mahendra Kumar Modi HUF, 2 individuals |
| May 2024 | Rights issue | ₹32.64 Cr | Investors: K K Modi Investment and Financial Services Private Limited , Super Investment (India ) Limited , Rajputana Developers Limited , an individual |
| Dec 2014 | Rights issue | ₹19.97 Cr | Investors: K K Modi Investment and Financial Services Private Limited , Apms Investment Fund Limited, U.P.State Industrial Development Corporation Limited |
| Jan 2009 | Rights issue | ₹26.57 Cr | Investors: Indo-Euro Investment Company Limited , Mavi Investment, K K Modi Investment and Financial Services Private Limited |
To see the full deal history of Indofil Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indofil Industries Limited has 785 court cases on record: 685 filed by Indofil Industries, 100 filed against it. 386 cases are pending and 399 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 711 | 84 | 366 |
| High courts | 71 | 15 | 20 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 785)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against The Rishabh Velveleen Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Ms Vanasri Agro Services Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Ms Vanasri Crop Care Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Ms We One Seeds Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by The Rishabh Velveleen Ltd. | Pending |
To see the full case history of Indofil Industries 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
Indofil Industries Limited has 8 MSME Form 1 returns on record between 2020 and 2024, listing 760 overdue payments to 146 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 146)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Link Logistics | |||
| Shravan Chemoxide Private Limited | |||
| Rishi Kiran Roadlines | |||
| an individual supplier | |||
| Mercury Industries |
To see the full MSME payment records of Indofil Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indofil Industries has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indo Baijin Chemicals Private Limited | U24233GJ2011PTC065293 | |
| Quick Investment (India) Ltd. | U65993DL1979PLC010018 | |
| Good Investments(India)Ltd. | U65993DL1979PLC010060 |
To see the full group structure of Indofil Industries Limited, buy the company report.
Employees & EPFO
Indofil Industries Limited has a workforce of 1,037 employees on its EPFO records as of Jan 20, 2026, across 2 active EPFO establishments.
GST
Indofil Industries has 36 GST registrations: 25 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI4568D1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AABCI4568D4ZJ | Maharashtra | Active | 27 Feb 2025 |
| 02AABCI4568D1ZY | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AABCI4568D1ZW | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indofil Industries Limited, buy the company report.
Recent activity
Indofil Industries Limited has 46 board changes on record since 1993: 12 appointments and 34 cessations. The latest: Atul Kumar Gupta was appointed as Director on 06 Feb 2026.
97 earlier events are in the company report.
News
Frequently asked questions
Indofil Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in crop protection, within the agriculture industry. It was incorporated on 09 February 1993 (33+ years old) and is registered under CIN U24110MH1993PLC070713.
Indofil Industries has 7 current directors:
- Bina Modi - Managing Director
- Charu Modi - Director
- Aliya Modi - Director
- Vijay Kiran Anand - Nominee Director
- Sharad Aggarwal - Director
- Atul Kumar Gupta - Director
- Ramakrishnan Srg - Director
The latest financial statements of Indofil Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Indofil Industries is 27AABCI4568D1ZM, registered in Maharashtra. The company has 36 GST registrations in all, of which 25 are active and 11 are cancelled or inactive. Other active GSTINs include 27AABCI4568D4ZJ (Maharashtra), 02AABCI4568D1ZY (Himachal Pradesh), 03AABCI4568D1ZW (Punjab).
The CIN (Corporate Identification Number) of Indofil Industries is U24110MH1993PLC070713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indofil Industries has 785 court cases on record: 685 filed by the company and 100 filed against it. 386 are pending. Most are in the district courts.
Indofil Industries was incorporated on 09 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Indofil Industries has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹5.08 Cr; the latest was in August 2024.
Atul Kumar Gupta was appointed as Director on 06 Feb 2026. Sharad Aggarwal was appointed as Director on 14 Jan 2026. Vijay Kiran Anand was appointed as Nominee Director on 16 Dec 2025. Indofil Industries has 46 board changes on record in total.
Indofil Industries has 8 MSME Form 1 returns on record between 2020 and 2024, listing 760 overdue payments to 146 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Indofil Industries can be reached through the website indofil.com. Its registered office is in Mumbai, Maharashtra, India.