About Joy International India Private Limited
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Joy International India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 23 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15100MH1998PTC115471. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors Birenkumar Devji Palani and Jaydeep Devji Palani.
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 211 Oberoi Trade Center Oberoi Complex Off Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.4 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹97.57 Lakh (net margin 4.4%) and EBITDA of ₹1.17 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹16.15 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is 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 palanigroup.com.
Company details
Contact details
Joy International India Private Limited's registered office is in Mumbai, Maharashtra. Its website is palanigroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address211 Oberoi Trade Center Oberoi Complex Off Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Joy International India Private 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
Financials of Joy International India Private Limited
FY 2025 filings availableJoy International India Private Limited reported revenue of ₹22.4 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 3% growth in the latest year. EBITDA fell 50% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.17 Cr | ||||
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| Net Profit (PAT) | ₹97.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Joy International India Private Limited, buy the company report.
Board of directors of Joy International India Private Limited
Joy International India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Birenkumar Devji Palani | Director | 23 Jun 1998 | 28 Years 4 Months | Current |
| Jaydeep Devji Palani Also directs: DNP Foods Limited, Nensey Logistics India Private Limited | Director | 23 Jun 1998 | 28 Years 4 Months | Current |
Peer comparison
Joy International India Private Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S. Kumar Cotton Private Limited | ₹22.54 Cr (FY 2025) | 2.0% | Aurangabad, Maharashtra, India | |||
| Bholanath Food Exports Private Limited | ₹22.51 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Agrawal Agrovet Private Limited | ₹22.47 Cr (FY 2025) | -3.0% | Sangitarai, Raigarh, Chattisgarh, India | |||
| Prakash Agrilink Private Limited | ₹22.47 Cr (FY 2025) | -29.0% | Indore, Madhya Pradesh, India | |||
| Mahasheevrajya Farmers Producer Company Limited | ₹22.42 Cr (FY 2025) | 3.0% | Nashik, Maharashtra, India | |||
| Joy International India Private Limitedthis company | ₹22.4 Cr (FY 2025) | ₹97.57 Lakh | 4.4% | 3.0% | Mumbai, Maharashtra, India | |
| Sadguru Holdings Private Limited | ₹22.34 Cr (FY 2025) | 928.0% | Delhi, India | |||
| Al Zain Exports Private Limited | ₹22.31 Cr (FY 2024) | 874.0% | Modasa, Gujarat, India | |||
| Yearn International Private Limited | ₹22.31 Cr (FY 2024) | 218.0% | Kolkata, West Bengal, India | |||
| Prafich Agros Private Limited | ₹22.29 Cr (FY 2023) | -23.0% | Vijayawada, Andhra Pradesh, India | |||
| Asom Agro Tech Private Limited | ₹22.29 Cr (FY 2025) | 92.0% | Guwahati, Assam, India |
To see the full peer comparison of Joy International India Private Limited, buy the company report.
Auditor
Joy International India Private Limited is audited by UPADHYAY & COMPANY LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UPADHYAY & COMPANY LLP | FY 2019 | 131136W |
Shareholding
The shareholding of Joy International India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Joy International India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2008 | 10096215 | Bank of Maharashtra | ₹5 Cr | Open | |
| 17 May 2010 | 10223316 | Janakalyan Sahakari Bank Limited | ₹4 Cr | Satisfied | |
| 02 Nov 2007 | 10076501 | Janakalyan Sahakari Bank Limited | ₹3.65 Cr | Satisfied | |
| 14 Jun 2003 | 90151096 | Bank of Maharashtra | ₹30 Lakh | Satisfied | |
| 15 Apr 2002 | 90150973 | Bank of Maharashtra | ₹40 Lakh | Satisfied |
To see the full charge records of Joy International India Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Joy International India Private Limited has 3 court cases on record: 2 filed by Joy International India, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1301-Consumer Disputes and RERA : Appeals under Section 23 of Consumer Protection Act, 1986 and/or under Section 67 of Consumer Protection Act, 2019) | Filed by the company against Bank of Maharsthra MD and Ceo H.O., Lokmangal, 1501, Shivaji Nagar, Pune ,Pune , Maharashtra | Pending |
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed by the company against Bank of Maharsthra MD and Ceo Ho Lokmangal 1501 , District: Shivaji Nagar ,Pune , Maharashtra | Disposed |
| District court, Sirsa, Haryana | Civil suit | Filed against the company by Ms. Gaurav Gum Chemicals | Disposed |
To see the full case history of Joy International India Private 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
No delayed payments to MSME suppliers are on our record for Joy International India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Joy International India has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Joy International India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Joy International India Private Limited, buy the company report.
Recent activity
Joy International India Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Devji Nensey Palani ceased to be Director on 30 Jun 2018.
17 earlier events are in the company report.
Frequently asked questions
Joy International India is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 23 June 1998 (28+ years old) and is registered under CIN U15100MH1998PTC115471.
Joy International India has 2 current directors:
- Birenkumar Devji Palani - Director
- Jaydeep Devji Palani - Director
The latest financial statements of Joy International India 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.
No. Joy International India has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Joy International India is U15100MH1998PTC115471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy International India has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the supreme court.
Joy International India was incorporated on 23 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Joy International India by revenue are S. Kumar Cotton Private Limited, Bholanath Food Exports Private Limited, Agrawal Agrovet Private Limited, Prakash Agrilink Private Limited, Mahasheevrajya Farmers Producer Company Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Devji Nensey Palani ceased to be Director on 30 Jun 2018. Birenkumar Devji Palani was appointed as Director on 23 Jun 1998. Jaydeep Devji Palani was appointed as Director on 23 Jun 1998.
Joy International India can be reached through the website palanigroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Joy International India is at 211 Oberoi Trade Center Oberoi Complex Off Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
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