Korinar Agro Private Limited
About Korinar Agro Private Limited
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Korinar Agro Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 31 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U01111AP2020PTC114631.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors Swathi Inturi and Koripalli Maaruti.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O. Yellapantula Ybb Sharma G1 Ylp Layout Bay Front Pearl Endada, Visakhapatnam, Andhra Pradesh, India – 530045.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.5 Lakh. For the same year it recorded a net loss of ₹62,896 (net margin -25.2%) and EBITDA of -₹49,875 (EBITDA margin -20%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
Company details
Contact details
Korinar Agro Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O. Yellapantula Ybb Sharma G1 Ylp Layout Bay Front Pearl Endada, Visakhapatnam, Andhra Pradesh, India – 530045
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Korinar Agro 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
Business activity
The main business activity of Korinar Agro is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities |
To see the full business activity and turnover split of Korinar Agro Private Limited, buy the company report.
Financials of Korinar Agro Private Limited
FY 2025 filings availableKorinar Agro Private Limited reported revenue of ₹2.5 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹49,875 | |||
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| Net Profit (PAT) | -₹62,896 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | -20% | |||
| Net Profit Margin | -25.2% | |||
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To see the full financial statements and ratios of Korinar Agro Private Limited, buy the company report.
Board of directors of Korinar Agro Private Limited
Korinar Agro 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 |
|---|---|---|---|---|
| Swathi Inturi Also directs: Korinar Smart Solutions Private Limited | Director | 31 May 2020 | 6 Years 4 Months | Current |
| Koripalli Maaruti | Director | 31 May 2020 | 6 Years 4 Months | Current |
Auditor
Korinar Agro Private Limited is audited by NAVEEN KUMARGUNDA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN KUMARGUNDA | FY 2023 | 246068 |
Shareholding
The shareholding of Korinar Agro Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Korinar Agro Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Korinar Agro 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
No delayed payments to MSME suppliers are on our record for Korinar Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Korinar Agro Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
No GST registration is on our record for Korinar Agro Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Korinar Agro Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Angitipalli Abhinay Reddy ceased to be Director on 02 Aug 2022.
Frequently asked questions
Korinar Agro is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 31 May 2020 (6+ years old) and is registered under CIN U01111AP2020PTC114631.
Korinar Agro has 2 current directors:
- Swathi Inturi - Director
- Koripalli Maaruti - Director
The latest financial statements of Korinar Agro on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Korinar Agro is U01111AP2020PTC114631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korinar Agro was incorporated on 31 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Vijayawada.
Angitipalli Abhinay Reddy ceased to be Director on 02 Aug 2022. Koripalli Maaruti was appointed as Director on 31 May 2020. Swathi Inturi was appointed as Director on 31 May 2020.
The registered office of Korinar Agro is at CO. Yellapantula Ybb Sharma G1 Ylp Layout Bay Front Pearl Endada, Visakhapatnam, Andhra Pradesh, India – 530045.
Korinar Agro operates in the agriculture industry, in the agro retail and distribution segment.
Korinar Agro can be reached at its registered office: CO. Yellapantula Ybb Sharma G1 Ylp Layout Bay Front Pearl Endada, Visakhapatnam, Andhra Pradesh, India – 530045.
Korinar Agro is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.