About Itco Industries Limited
Data last updated:
Itco Industries Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 30 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PLC018672. Its GSTIN is 29AAACI2930E2ZU (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors including Anand Krishna Bagaria (Managing Director) and Rishi Bagaria (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 No 501 5th Floor Sakti Statesman Survey No 34 Iblur Begur Hobli, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.58 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 4%) and EBITDA of ₹5.6 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹62 Cr and satisfied charges of ₹64.93 Cr on record. Court records list 28 cases involving the company, including 28 filed by the company; 15 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2024. Its 10 peer companies in the Chemicals industry (Industrial Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Haryana Polymers Limited. with revenue of ₹70.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itcoindia.com.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 501 5th Floor Sakti Statesman Survey No 34 Iblur Begur Hobli, Bangalore, Karnataka, India – 560103
- IndustryChemicals and Materials, Industrial Chemicals
- 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 Itco Industries Limited
The main business activity of Itco Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Itco Industries Limited FY 2025 filings available
Itco Industries Limited reported revenue of ₹69.58 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Itco Industries Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 15% 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 of Itco Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.78 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 of Itco Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Itco Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Itco Industries Limited
Itco Industries Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haryana Polymers Limited. | ₹70.25 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Surbhee Polymers Private Limited | ₹69.99 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Akemi Technology India Private Limited | ₹69.86 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Varindera Organics Private Limited | ₹69.76 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Chandigarh, India |
| Jakhau Salt Company Private Limited | ₹69.6 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Itco Industries Limited this company | ₹69.58 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Sajan Overseas Private Limited | ₹69.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ahmedabad, Gujarat, India |
| Shiva Dyestuff Private Limited | ₹69.2 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ankleshwar, Gujarat, India |
| Kumaon Exports Private Limited | ₹68.75 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Dehradun, Uttarakhand, India |
| Garg Chemical Industries Private Limited | ₹68.41 Cr (FY 2024) | •••• | •••• | 16276.0% | •••• | Jalandhar, Punjab, India |
| Kredence Electronics Materials India Private Limited | ₹67.52 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Itco Industries by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Itco Industries Limited
Itco Industries Limited is audited by R K Tantry & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K Tantry & 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 Itco Industries Limited
Itco Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Krishna Bagaria Also directs: Itco Chem (India) Pvt. Ltd. | Managing Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Rishi Bagaria | Whole-Time Director | 22 Aug 2017 | 9 Years 1 Months | Current |
| Vivek Bagaria | Director | 25 Apr 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Itco Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Itco Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2025 | Others | ₹12 Cr | Open |
| 24 Apr 2020 | Hdfc Bank Limited | ₹50 Cr | Open |
| 03 Feb 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹12 Cr | Satisfied |
| 19 May 2020 | The Hongkong and Shanghai Banking Corporation Limited | ₹12 Cr | Satisfied |
| 01 Mar 2018 | Others | ₹27 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Itco Industries Limited
Itco Industries Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Itco Industries Limited
Itco Industries Limited has 28 court cases on record: 28 filed by Itco Industries. 15 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 0 | 15 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Joint Commissioner (St) (Intelligence)(Fac) | Pending |
| Madras High Court | Writ petition | Filed by the company against Joint Commissioner (St) (Intelligence)(Fac) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Joint Commissioner (St) (Intelligence)(Fac) | Disposed |
| Madras High Court | Court case (WPMP) | Filed by the company against State of Tamilnadu | Disposed |
| Madras High Court | Writ petition | Filed by the company against State of Tamilnadu | Disposed |
Full case history
All 28 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.
Employees and EPFO Compliance at Itco Industries Limited
Employment history and EPFO contributions of people linked to Itco Industries.
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.
CIN History of Itco Industries Limited
Itco Industries has one previous CIN (Corporate Identification Number): U64210KA1995PLC018672. The current CIN is U85110KA1995PLC018672, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PLC018672 | Current |
| U64210KA1995PLC018672 | Previous |
Recent Activity on Itco Industries Limited
Itco Industries Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Rishi Bagaria ceased to be Director on 30 Sep 2022.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Itco Industries 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 Itco Industries 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 Itco Industries 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 Itco Industries Limited
Itco Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI2930E2ZU | Karnataka | Active | 31 Aug 2018 |
| 33AAACI2930E1Z6 | Tamil Nadu | 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 Itco Industries 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 Itco Industries Limited
Itco Industries is an active public limited company based in Bangalore, Karnataka, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 30 August 1995 (31+ years old) and is registered under CIN U85110KA1995PLC018672.
Itco Industries reported revenue of ₹69.58 Cr for FY 2025 (down 3% YoY).
Itco Industries has 3 current directors:
- Anand Krishna Bagaria - Managing Director
- Rishi Bagaria - Whole-Time Director
- Vivek Bagaria - Director
Itco Industries reported a net profit of ₹2.78 Cr (net margin 4%) and EBITDA of ₹5.6 Cr (EBITDA margin 8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Itco Industries is -12% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Itco Industries is 29AAACI2930E2ZU, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACI2930E1Z6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Itco Industries is U85110KA1995PLC018672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itco Industries has 28 court cases on record: 28 filed by the company. 15 are pending.
Itco Industries was incorporated on 30 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Itco Industries has 6 deals on record (6 secondary share transfers); the latest was in March 2024.
The peers of Itco Industries by revenue are Haryana Polymers Limited, Surbhee Polymers Private Limited, Akemi Technology India Private Limited, Varindera Organics Private Limited, Jakhau Salt Company Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).