About Kirti Agrotech Limited
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Kirti Agrotech Limited is a public limited company based in Latur, Maharashtra, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 29 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15140MH2003PLC143725. Its GSTIN is 27AACCK3945M1Z5 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹6.33 Cr. It is led by directors including Bharatkumar Vishnudasji Bhutada and Shivram Vitthal Gaikwad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 79 – Cmarket Yard, Latur, Maharashtra, India – 413512.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,371.54 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹9.26 Cr (net margin 0.7%) and EBITDA of ₹28.14 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 163 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹636.22 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it; 4 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.33 Cr; the latest was in March 2012. Its 7 peer companies in the Chemicals industry (Solvent Extraction), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 4 smaller; the largest is Avi Agri Business Limited with revenue of ₹2,459.66 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 kirtigroup.com.
Company details
Contact details
Kirti Agrotech Limited's registered office is in Latur, Maharashtra. Its website is kirtigroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address79 – Cmarket Yard, Latur, Maharashtra, India – 413512
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Kirti Agrotech 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
Business activity
The main business activity of Kirti Agrotech is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Kirti Agrotech Limited, buy the company report.
Financials of Kirti Agrotech Limited
FY 2024 filings availableKirti Agrotech Limited reported revenue of ₹1,371.54 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 31% growth in the latest year. EBITDA rose 16% 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 | ₹28.14 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kirti Agrotech Limited, buy the company report.
Board of directors of Kirti Agrotech Limited
Kirti Agrotech has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanda Satishkumar Bhutada | Additional Director | 16 Jun 2020 | 6 Years 4 Months | Current |
| Bharatkumar Vishnudasji Bhutada | Director | 17 Aug 2017 | 9 Years 2 Months | Current |
| Bharat Abhimanu Chikate | Additional Director | 29 Apr 2023 | 3 Years 6 Months | Current |
| Shivram Vitthal Gaikwad | Director | 25 Mar 2015 | 11 Years 7 Months | Current |
| Bhutada Arjun Ashokkumar | Director | 03 Jan 2014 | 12 Years 10 Months | Current |
| Ajit Kirtikumar Bhutada Also directs: Kirti Gold Limited, Kirti Agrovet Limited, Kirti Oil Industries Private Limited and 1 more | Director | 03 Jan 2014 | 12 Years 10 Months | Current |
Peer comparison
Kirti Agrotech Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Solvent Extraction), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avi Agri Business Limited | ₹2,459.66 Cr (FY 2025) | 36.0% | Indore, Madhya Pradesh, India | |||
| Gupta Solvent Private Limited | ₹1,587.46 Cr (FY 2025) | 67.0% | Morena, Madhya Pradesh, India | |||
| Betul Oil Limited | ₹1,434.03 Cr (FY 2025) | 14.0% | Betul, Madhya Pradesh, India | |||
| Kirti Agrotech Limitedthis company | ₹1,371.54 Cr (FY 2025) | ₹9.26 Cr | 0.7% | 31.0% | 163 | Latur, Maharashtra, India |
| Noveltech Feeds Private Limited | ₹1,157.45 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Sneha Foods & Feeds Private Limited | ₹1,120.03 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Omshree Agro Tech Private Limited | ₹1,043.76 Cr (FY 2025) | -8.0% | Dhule, Maharashtra, India | |||
| Shiv Edibles Limited | ₹885.64 Cr (FY 2025) | 12.0% | Kota, Rajasthan, India |
To see the full peer comparison of Kirti Agrotech Limited, buy the company report.
Auditor
Kirti Agrotech Limited is audited by Shrenik V Gandhi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shrenik V Gandhi & Co | FY 2023 | 125284W |
Shareholding
The shareholding of Kirti Agrotech 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 Kirti Agrotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2025 | 101133113 | Hdfc Bank Limited | ₹145 Cr | Open | |
| 04 Jan 2025 | 101038836 | Bank of India | ₹35 Cr | Open | |
| 28 Apr 2023 | 100718474 | Others | ₹25 Cr | Open | |
| 20 Dec 2021 | 100523502 | State Bank of India | ₹50 Cr | Open | |
| 09 Dec 2020 | 100395040 | Axis Bank Limited | ₹50 Cr | Open |
To see the full charge records of Kirti Agrotech Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Kirti Agrotech Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.33 Cr; the latest was in March 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹2.33 Cr | Investors: 4 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Satish Bhutada Huf, Bharatkumar Bhutada Huf, 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kirti Agrotech Limited has 19 court cases on record: 11 filed by Kirti Agrotech, 8 filed against it. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 4 |
| High courts | 8 | 2 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solapur, Maharashtra | Civil suit | Filed against the company by Darshana Solvent Extraction Private Limited Through Shital Shirish Gandhi | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Dil Exim Commodities Private Limited | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Dil Exim Commodities Private Limited | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Dil Exim Commodities Private Ltd | Disposed |
| District court, Parbhani, Maharashtra | Court case (W.C.F.A.Case) | Filed against the company by individuals | Pending |
To see the full case history of Kirti Agrotech 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.
Credit ratings & regulatory alerts
Kirti Agrotech Limited was last rated by Care on 03 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Aug 2021 |
To see the full credit ratings and regulatory alerts of Kirti Agrotech Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kirti Agrotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kirti Agrotech Limited has a workforce of 163 employees on its EPFO records as of Mar 27, 2024, across 3 active EPFO establishments.
GST
Kirti Agrotech has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK3945M1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 23AACCK3945M1ZD | Madhya Pradesh | Active | 27 Oct 2020 |
| 24AACCK3945M1ZB | Gujarat | Active | 02 May 2022 |
To see the full GST registrations and return filing status of Kirti Agrotech Limited, buy the company report.
Recent activity
Kirti Agrotech Limited has 16 board changes on record since 2006: 6 appointments and 10 cessations. The latest: Bharat Abhimanu Chikate was appointed as Additional Director on 29 Apr 2023.
25 earlier events are in the company report.
Frequently asked questions
Kirti Agrotech is an active public limited company based in Latur, Maharashtra, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 29 December 2003 (23+ years old) and is registered under CIN U15140MH2003PLC143725.
Kirti Agrotech has 6 current directors:
- Chanda Satishkumar Bhutada - Additional Director
- Bharatkumar Vishnudasji Bhutada - Director
- Bharat Abhimanu Chikate - Additional Director
- Shivram Vitthal Gaikwad - Director
- Bhutada Arjun Ashokkumar - Director
- Ajit Kirtikumar Bhutada - Director
The latest financial statements of Kirti Agrotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kirti Agrotech is 27AACCK3945M1Z5, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AACCK3945M1ZD (Madhya Pradesh), 24AACCK3945M1ZB (Gujarat).
The CIN (Corporate Identification Number) of Kirti Agrotech is U15140MH2003PLC143725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kirti Agrotech has 19 court cases on record: 11 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Kirti Agrotech was incorporated on 29 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Kirti Agrotech has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.33 Cr; the latest was in March 2012.
The peers of Kirti Agrotech by revenue are Avi Agri Business Limited, Gupta Solvent Private Limited, Betul Oil Limited, Noveltech Feeds Private Limited, Sneha Foods & Feeds Private Limited and 2 more, all in the Chemicals industry (Solvent Extraction), with the same principal business activity (food, beverages and tobacco products).
Bharat Abhimanu Chikate was appointed as Additional Director on 29 Apr 2023. Chanda Satishkumar Bhutada was appointed as Additional Director on 16 Jun 2020. Kamladevi Vishnudas Bhutada ceased to be Additional Director on 08 Nov 2019. Kirti Agrotech has 16 board changes on record in total.
Kirti Agrotech can be reached through the website kirtigroup.com. Its registered office is in Latur, Maharashtra, India.
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