MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-17-0001399
Kothari Fnalex Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.09 Cr
▲ 74% YoY
Net profit · FY 2025
₹18.07 Lakh
Net margin 3%
EBITDA · FY 2025
₹34.82 Lakh
EBITDA margin 5.7%
Authorised capital
₹49 Lakh
Registered with MCA
Paid-up capital
₹48.55 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Satisfied ₹2.18 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
4
Provident fund records
About Kothari Fnalex Limited
Data last updated:
Kothari Fnalex Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 18 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52335MP1993PLC007931. Its GSTIN is 23AAACK8086H1ZG (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹48.55 Lakh. It is led by directors including Satish Kothari (Managing Director) and Hans Raj Kothari (Whole-Time Director).
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 309 – Urvashi Complex Jaora Compound, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.09 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹18.07 Lakh (net margin 3%) and EBITDA of ₹34.82 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹2.18 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.
Kothari Fnalex Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0001399). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kotharipipe.com.
Company Details of Kothari Fnalex Limited
CIN U52335MP1993PLC007931
Registration Number 007931
Incorporation Date 18 October 1993
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-17-0001399
CIN History of Kothari Fnalex Limited
Kothari Fnalex has one previous CIN (Corporate Identification Number): L52335MP1993PLC007931. The current CIN is U52335MP1993PLC007931, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52335MP1993PLC007931 | Current |
| L52335MP1993PLC007931 | Previous |
Key People
Satish Kothari Managing Director Hans Raj Kothari Whole-Time Director Roop Raj Kothari Director Recognitions & Rankings of Kothari Fnalex
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address309 – Urvashi Complex Jaora Compound, Indore, Madhya Pradesh, India – 452001
- IndustryAgriculture, Agri Machinery & Equipment
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Business Activity of Kothari Fnalex Limited
The main business activity of Kothari Fnalex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Kothari Fnalex Limited FY 2024 filings available
Kothari Fnalex Limited reported revenue of ₹6.09 Cr (up 74% YoY) for FY 2025.
Revenue · FY 2025
₹6.09 Cr ▲ 74%
Net profit · FY 2025
₹18.07 Lakh margin 3%
EBITDA · FY 2025
₹34.82 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR) of Kothari Fnalex Limited
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▼ 29%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▼ 24%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 74% growth in the latest year. EBITDA rose 102% 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 of Kothari Fnalex Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹34.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.07 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 of Kothari Fnalex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kothari Fnalex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Kothari Fnalex Limited
Kothari Fnalex has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hans Raj Kothari Also directs: Kothari Agrochem (India) Ltd | Whole-Time Director | 18 Oct 1993 | 33 Years 0 Months | Current |
| Roop Raj Kothari | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Satish Kothari | Managing Director | 18 Oct 1993 | 33 Years 0 Months | Current |
Peer Comparison of Kothari Fnalex Limited
Kothari Fnalex Limited is compared with the companies closest to it by revenue in the Agriculture industry (Farm Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kardi Dryers Private Limited | ₹6.38 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Chennai, Tamil Nadu, India |
| Ankita Implements Private Limited | ₹6.33 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Aurangabad, Maharashtra, India |
| Foggers India Private Limited | ₹6.24 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Hindustan Agri Business Private Limited | ₹6.18 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Bhukum, Maharashtra, India |
| Annabhumi Greentech Private Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Bhilai, Chhattisgarh, India |
| Kothari Fnalex Limited this company | ₹6.09 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Indore, Madhya Pradesh, India |
| Rubcare India Private Limited | ₹5.99 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Perinthalmanna, Kerala, India |
| Tssind Industries Private Limited | ₹5.98 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Matharu Industries Private Limited | ₹5.95 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Faridkot, Punjab, India |
| Agrotis Technologies LLP | ₹5.89 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Ahmedabad, Gujarat, India |
| P.R. Baler & Agro Private Limited | ₹5.87 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bhiwani, Haryana, India |
Peers are the five companies nearest above and the five nearest below Kothari Fnalex by revenue in the Agriculture industry (Farm Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kothari Fnalex Limited
Kothari Fnalex Limited is audited by RAMESHWAR YADAV & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMESHWAR YADAV & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Kothari Fnalex Limited
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Charges & Borrowings of Kothari Fnalex Limited
Open charges
₹20 Lakh
Satisfied charges
₹2.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2022 | Others | ₹20 Lakh | Satisfied |
| 28 Jul 2020 | Others | ₹18 Lakh | Satisfied |
| 27 Jul 2004 | The Federal Bank Limited | ₹1.2 Cr | Satisfied |
| 27 Jul 2004 | The Federal Bank Ltd. | ₹60 Lakh | Satisfied |
| 20 Aug 2003 | State Bank of Bikaner and Jaipur | ₹- | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Kothari Fnalex Limited
Kothari Fnalex Limited has 3 court cases on record: 2 filed by Kothari Fnalex, 1 filed against it. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed by the company against State of Raj | Pending |
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed against the company by State | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against State of Raj | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Kothari Fnalex Limited
Kothari Fnalex Limited has a workforce of 4 employees as of Mar 29, 2024.
Employee count
4
Active EPFO establishments
1
Employee growth
-20%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Kothari Fnalex Limited
Kothari Fnalex Limited has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Roop Raj Kothari ceased to be Additional Director on 30 Sep 2022.
Charges
A charge registered on 14 Jul 2022 via Charge ID 100603523 with Others was fully satisfied on 10 Jul 2025.
AGM
Kothari Fnalex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kothari Fnalex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge registered on 27 Jul 2004 via Charge ID 90209634 with The Federal Bank Ltd. was fully satisfied on 16 Mar 2023.
Charges
A charge registered on 27 Jul 2004 via Charge ID 90206154 with The Federal Bank Limited was fully satisfied on 16 Mar 2023.
Ceased
Roop Raj Kothari ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100603523 was registered on 14 Jul 2022.
Ceased
Ami Lal Baloda ceased to be Director.
Appointed
Roop Raj Kothari was appointed as Director.
Charges
A charge registered on 28 Jul 2020 via Charge ID 100361176 with Others was fully satisfied on 07 Aug 2021.
Charges
A charge with Others amounted to Rs. 18.00 Lakh with Charge ID 100361176 was registered on 28 Jul 2020.
Charges
A charge with The Federal Bank Limited of Rs. 120.00 Lakh registered on 27 Jul 2004 with Charge ID 90206154 was modified on 12 Feb 2016.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kothari Fnalex Limited
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MSME Payment Delays by Kothari Fnalex Limited
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Subsidiaries & Group Companies of Kothari Fnalex Limited
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Corporate group structure
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GST Compliance of Kothari Fnalex Limited
Kothari Fnalex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACK8086H1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AAACK8086H1Z8 | Rajasthan | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Kothari Fnalex Limited
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Frequently Asked Questions about Kothari Fnalex Limited
Kothari Fnalex is an active public limited company based in Indore, Madhya Pradesh, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 18 October 1993 (33+ years old) and is registered under CIN U52335MP1993PLC007931.
Kothari Fnalex reported revenue of ₹6.09 Cr for FY 2025 (up 74% YoY).
Kothari Fnalex has 3 current directors:
- Satish Kothari - Managing Director
- Hans Raj Kothari - Whole-Time Director
- Roop Raj Kothari - Director
Kothari Fnalex reported a net profit of ₹18.07 Lakh (net margin 3%) and EBITDA of ₹34.82 Lakh (EBITDA margin 5.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kothari Fnalex is -29% over three years and 1% over five years. In the latest year (FY 2025) revenue rose 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kothari Fnalex is 23AAACK8086H1ZG, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAACK8086H1Z8 (Rajasthan).
The CIN (Corporate Identification Number) of Kothari Fnalex is U52335MP1993PLC007931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kothari Fnalex has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Kothari Fnalex was incorporated on 18 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Kothari Fnalex by revenue are Kardi Dryers Private Limited, Ankita Implements Private Limited, Foggers India Private Limited, Hindustan Agri Business Private Limited, Annabhumi Greentech Private Limited and 5 more, all in the Agriculture industry (Farm Equipment).
Roop Raj Kothari ceased to be Additional Director on 30 Sep 2022. Ami Lal Baloda ceased to be Director on 31 May 2022. Roop Raj Kothari was appointed as Director on 01 Jan 2022. Kothari Fnalex has 7 board changes on record in total.