DPIIT recognised startup Government of India
Startup India
Kartavya Agritech Private Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.43 Cr
▲ 15% YoY
Net profit · FY 2025
₹14.11 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹68.38 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹73.25 Lakh
Issued & subscribed
Open charges
₹1.86 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
About Kartavya Agritech Private Limited
Data last updated:
Kartavya Agritech Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 08 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01110GJ2017PTC099713. Its GSTIN is 24AAGCK8297E1Z9 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.25 Lakh. It is led by directors including Harshadkumar Paneliya and Sadhanaben Harshadkumar Paneliya.
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 C – 904 Signature – II Opp Relief Hotel Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.43 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹14.11 Lakh (net margin 0.9%) and EBITDA of ₹68.38 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 17% over five years.
The company is associated with 1 brand: Kartavyaseeds. As per MCA filings, the company has open charges of ₹1.86 Cr on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 1 deal on record (1 rights issue); the latest was in July 2021. Its 8 peer companies in the Agriculture industry (Agritech, Agro Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 5 smaller; the largest is MBRS Food Private Limited with revenue of ₹14.3 Cr.
Kartavya Agritech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0079183). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kartavyaseeds.com.
Company details
CIN U01110GJ2017PTC099713
Registration Number 099713
Incorporation Date 08 November 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0079183
Key People
Harshadkumar Paneliya Director Sadhanaben Harshadkumar Paneliya Director Bhaveshbhai Savaliya Director Recognitions & Rankings of Kartavya Agritech
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0079183
Contact details
Kartavya Agritech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is kartavyaseeds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 904 Signature – II Opp Relief Hotel Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Kartavya Agritech Private Limited, buy the company report.
Comprehensive company report
Kartavya Agritech Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Kartavya Agritech operates one associated brand: Kartavyaseeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| kartavyaseeds.com |
Business activity
The main business activity of Kartavya Agritech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kartavya Agritech Private Limited, buy the company report.
Financials of Kartavya Agritech Private Limited
FY 2025 filings availableKartavya Agritech Private Limited reported revenue of ₹16.43 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹16.43 Cr ▲ 15%
Net profit · FY 2025
₹14.11 Lakh margin 0.9%
EBITDA · FY 2025
₹68.38 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 29%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 15% growth in the latest year. EBITDA rose 33% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹68.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.11 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Kartavya Agritech Private Limited, buy the company report.
Board of directors of Kartavya Agritech Private Limited
Kartavya Agritech has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshadkumar Paneliya | Director | 08 Nov 2017 | 8 Years 11 Months | Current |
| Sadhanaben Harshadkumar Paneliya | Director | 08 Nov 2017 | 8 Years 11 Months | Current |
| Bhaveshbhai Savaliya | Director | 15 Feb 2023 | 3 Years 8 Months | Current |
| Nitesh Savaliya Also directs: Margis International Private Limited | Director | 15 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Kartavya Agritech Private Limited is compared with the 8 companies closest to it by revenue in the Agriculture industry (Agritech, Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kartavya Agritech Private Limitedthis company | ₹16.43 Cr (FY 2025) | ₹14.11 Lakh | 0.9% | 15.0% | Ahmedabad, Gujarat, India | |
| MBRS Food Private Limited | ₹14.3 Cr (FY 2025) | 75.0% | Kanpur, Uttar Pradesh, India | |||
| Ik Aeroamphibious Private Limited | ₹14.28 Cr (FY 2023) | Belgaum, Karnataka, India | ||||
| Durga Agroequip Private Limited | ₹14.26 Cr (FY 2024) | 90.0% | Gurgaon, Haryana, India | |||
| V.D. Parekh Seeds Private Limited | ₹14.25 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Nativebreeds Private Limited | ₹14.24 Cr (FY 2024) | 620.0% | Thanjavur, Tamil Nadu, India | |||
| Era Fishery Products Private Limited | ₹14.23 Cr (FY 2024) | 78.0% | Lucknow, Uttar Pradesh, India | |||
| Top Pearl Exim Private Limited | ₹14.23 Cr (FY 2025) | -62.0% | Chennai, Tamil Nadu, India | |||
| Longview Resources (India) Private Limited | ₹14.22 Cr (FY 2024) | 106.0% | Delhi, India |
To see the full peer comparison of Kartavya Agritech Private Limited, buy the company report.
Auditor
Kartavya Agritech Private Limited is audited by Ankit H Monapara & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankit H Monapara & Co | FY 2023 | 177733 |
Shareholding
The shareholding of Kartavya Agritech 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kartavya Agritech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.86 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2024 | 100854886 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 14 Mar 2023 | 100687652 | Others | ₹1.8 Cr | Open |
To see the full charge records of Kartavya Agritech Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Kartavya Agritech Private Limited has 1 deal on record (1 rights issue); the latest was in July 2021.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Rights issue | ₹12.5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kartavya Agritech Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amreli, Gujarat | Court case (CR EN) | Filed against the company by J S Usdad Agriculture Officer Vadia On Behalf of State of Gujarat | Disposed |
| District court, Amreli, Gujarat | Criminal complaint | Filed against the company by J S Usdad Agriculture Officer Vadia On Behalf of State of Gujarat | Disposed |
| District court, Chhota Udepur, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Aravalli at Modasa, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat (T.B.Asari) | Disposed |
To see the full case history of Kartavya Agritech 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 Kartavya Agritech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kartavya Agritech has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCK8297E1Z9 | Gujarat | Active | 13 Dec 2017 |
| 29AAGCK8297E1ZZ | Karnataka | Active | 12 Sep 2023 |
To see the full GST registrations and return filing status of Kartavya Agritech Private Limited, buy the company report.
Recent activity
Kartavya Agritech Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Bhaveshbhai Savaliya was appointed as Director on 15 Feb 2023.
AGM
Kartavya Agritech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kartavya Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 1.80 Cr registered on 14 Mar 2023 with Charge ID 100687652 was modified on 12 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100854886 was registered on 01 Jan 2024.
Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100687652 was registered on 14 Mar 2023.
Appointed
Bhaveshbhai Savaliya was appointed as Director.
Appointed
Nitesh Savaliya was appointed as Director.
Appointed
Harshadkumar Paneliya was appointed as Director.
Appointed
Sadhanaben Harshadkumar Paneliya was appointed as Director.
Incorporation
08 Nov 2017
Kartavya Agritech Private Limited was registered on 08 Nov 2017 with Roc Ahmedabad & aged 8 years 11 months as per MCA records.
Frequently asked questions
Kartavya Agritech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 08 November 2017 (9+ years old) and is registered under CIN U01110GJ2017PTC099713.
Kartavya Agritech has 4 current directors:
- Harshadkumar Paneliya - Director
- Sadhanaben Harshadkumar Paneliya - Director
- Bhaveshbhai Savaliya - Director
- Nitesh Savaliya - Director
The latest financial statements of Kartavya Agritech 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 FY 2018 are in the company report.
The GSTIN of Kartavya Agritech is 24AAGCK8297E1Z9, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAGCK8297E1ZZ (Karnataka).
The CIN (Corporate Identification Number) of Kartavya Agritech is U01110GJ2017PTC099713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kartavya Agritech has 4 court cases on record: 4 filed against it.
Kartavya Agritech was incorporated on 08 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kartavya Agritech has 1 deal on record (1 rights issue); the latest was in July 2021.
The peers of Kartavya Agritech by revenue are MBRS Food Private Limited, Ik Aeroamphibious Private Limited, Durga Agroequip Private Limited, V.D. Parekh Seeds Private Limited, Nativebreeds Private Limited and 3 more, all in the Agriculture industry (Agritech, Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Bhaveshbhai Savaliya was appointed as Director on 15 Feb 2023. Nitesh Savaliya was appointed as Director on 15 Feb 2023. Harshadkumar Paneliya was appointed as Director on 08 Nov 2017. Kartavya Agritech has 4 board changes on record in total.
Yes, Kartavya Agritech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).