Kaar Horticulture Private Limited
About Kaar Horticulture Private Limited
Data last updated:
Kaar Horticulture Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kaar Investment Limited. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 01 August 2014.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2014PTC256812.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Ravindra Vasantrao Chitnis and Kasturi Ravindra Chitnis.
Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ishwar Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.4 Lakh. For the same year it recorded a net profit of ₹3.58 Lakh (net margin 66.3%) and EBITDA of ₹4.23 Lakh (EBITDA margin 78.2%). Revenue has grown at a compounded annual rate (CAGR) of 59% over five years.
Company details
Contact details
Kaar Horticulture Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.2 Vile Parle Vatika Chs Ltd Baptista Road Opp. Ishwar Park Vile Pa, Rle (W), Mumbai, Maharashtra, India – 400056
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Kaar Horticulture 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 Kaar Horticulture Private Limited
FY 2025 filings availableKaar Horticulture Private Limited reported revenue of ₹5.4 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years. 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 | ₹4.23 Lakh | ||||
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| Net Profit (PAT) | ₹3.58 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 | 78.2% | ||||
| Net Profit Margin | 66.3% | ||||
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To see the full financial statements and ratios of Kaar Horticulture Private Limited, buy the company report.
Board of directors of Kaar Horticulture Private Limited
Kaar Horticulture has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Vasantrao Chitnis | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Kasturi Ravindra Chitnis | Director | 30 Oct 2015 | 10 Years 11 Months | Current |
Peer comparison
Kaar Horticulture Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Horticulture), with the same principal business activity (production of crops and animals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swamy Horticulture (India) Private Limited | ₹6.25 Lakh (FY 2024) | -76.0% | Tirupur, Tamil Nadu, India | |||
| Nashvan Horticulture Industries Private Limited | ₹6.24 Lakh (FY 2024) | -75.0% | Mumbai, Maharashtra, India | |||
| Kaar Horticulture Private Limitedthis company | ₹5.4 Lakh (FY 2025) | ₹3.58 Lakh | 66.3% | Mumbai, Maharashtra, India | ||
| Oyster Agro & Horticulture Private Limited | ₹4.64 Lakh (FY 2025) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kaar Horticulture Private Limited, buy the company report.
Auditor
Kaar Horticulture Private Limited is audited by AKKAD MEHTA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKKAD MEHTA & CO LLP | FY 2023 | 100259W/W100384 |
Shareholding
The shareholding of Kaar Horticulture Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Kaar Horticulture Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kaar Horticulture Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Kaar Horticulture Private Limited has 15 MSME Form 1 returns on record between 2021 and 2023, listing 91 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akkad Mehta & Co LLP |
To see the full MSME payment records of Kaar Horticulture Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Kaar Horticulture Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kaar Horticulture Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Kasturi Ravindra Chitnis ceased to be Additional Director on 26 Sep 2016.
Frequently asked questions
Kaar Horticulture is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Kaar Horticulture is a company pending strike off, currently registered as a private limited company based in Mumbai, Maharashtra, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 01 August 2014 and is registered under CIN U01403MH2014PTC256812. The company may be struck off soon - caution is advised.
The compliance status of Kaar Horticulture is compliant as of 23 August 2026.
Kaar Horticulture has 2 current directors:
- Ravindra Vasantrao Chitnis - Director
- Kasturi Ravindra Chitnis - Director
The CIN (Corporate Identification Number) of Kaar Horticulture is U01403MH2014PTC256812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaar Horticulture was incorporated on 01 August 2014. It is registered with the Registrar of Companies, Mumbai.
The registered office of Kaar Horticulture is at Flat No.2 Vile Parle Vatika Chs Ltd Baptista Road Opp. Ishwar Park Vile Pa, Rle W, Mumbai, Maharashtra, India – 400056.
The latest financial statements of Kaar Horticulture on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 July 2025. Year-wise statements from 2015 are in the company report.
Kaar Horticulture operates in the agriculture industry, in the horticulture and produce segment.
The peers of Kaar Horticulture by revenue are Swamy Horticulture (India) Private Limited, Nashvan Horticulture Industries Private Limited, Oyster Agro & Horticulture Private Limited, all in the Agriculture industry (Horticulture), with the same principal business activity (production of crops and animals).
Kaar Horticulture has 15 MSME Form 1 returns on record between 2021 and 2023, listing 91 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Aug 2023.
Kasturi Ravindra Chitnis ceased to be Additional Director on 26 Sep 2016. Nikhil Ashokkumar Dalmia ceased to be Director on 09 Jan 2016. Kasturi Ravindra Chitnis was appointed as Director on 30 Oct 2015. Kaar Horticulture has 4 board changes on record in total.