About Krishidhan Research Foundation Private Limited
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Krishidhan Research Foundation Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Krishidhan Seeds Private Limited. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 07 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U73100MP2006PTC019049. Its GSTIN is 27AACCK9895N2ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors Sushil Jainarayan Karwa and Sudha Sushil Karwa.
Its latest financial statements are for the year ended 31 March 2019. The registered office is at 302 Royal House 11/3 Usha Gang, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2019, the company reported a revenue of ₹28.12 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹44.01 Lakh (net margin -156.5%) and EBITDA of -₹34.06 Lakh (EBITDA margin -121.2%). Revenue has grown at a compounded annual rate (CAGR) of 241% over three years and 21% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.99 Cr and satisfied charges of ₹3 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krishidhanseeds.com.
Company details
Contact details
Krishidhan Research Foundation Private Limited's registered office is in Indore, Madhya Pradesh. Its website is krishidhanseeds.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address302 Royal House 11/3 Usha Gang, Indore, Madhya Pradesh, India – 452001
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Krishidhan Research Foundation 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 Krishidhan Research Foundation 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 Krishidhan Research Foundation Private Limited, buy the company report.
Financials of Krishidhan Research Foundation Private Limited
FY 2019 filings availableKrishidhan Research Foundation Private Limited reported revenue of ₹28.12 Lakh (down 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 14% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.12 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹34.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -121.2% | ||||
| Net Profit Margin | -156.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Krishidhan Research Foundation Private Limited, buy the company report.
Board of directors of Krishidhan Research Foundation Private Limited
Krishidhan Research Foundation has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Sushil Karwa Also directs: Rajendra Agri Products Private Limited | Additional Director | 02 Nov 2016 | 9 Years 11 Months | Current |
| Sushil Jainarayan Karwa Also directs: Krishidhan Seeds Private Limited, Rajendra Agri Products Private Limited, Mariegold Infratech Private Limited and 1 more | Director | 07 Nov 2006 | 19 Years 11 Months | Current |
Peer comparison
Krishidhan Research Foundation Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Seeds), 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 |
|---|---|---|---|---|---|---|
| Aditri Seeds Private Limited | ₹28.28 Lakh (FY 2022) | 198.0% | Hyderabad, Telangana, India | |||
| Krishidhan Research Foundation Private Limitedthis company | ₹28.12 Lakh (FY 2019) | -₹44.01 Lakh | -156.5% | -10.0% | Indore, Madhya Pradesh, India | |
| Piccaso Seeds Private Limited | ₹27.92 Lakh (FY 2025) | -21.0% | Varanasi, Uttar Pradesh, India | |||
| Choudhary Agri Tech Private Limited | ₹26.85 Lakh (FY 2025) | -28.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Krishidhan Research Foundation Private Limited, buy the company report.
Auditor
Krishidhan Research Foundation Private Limited is audited by LOYA & MUNDADA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOYA & MUNDADA | FY 2019 | 132811W |
Shareholding
The shareholding of Krishidhan Research Foundation Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Krishidhan Research Foundation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2012 | 10333569 | Department of Biotechnology | ₹36 Lakh | Open | |
| 10 Jun 2011 | 10293521 | Axis Bank Limited | ₹14.63 Cr | Open | |
| 06 Mar 2007 | 10043317 | State Bank of India | ₹10 Cr | Open | |
| 06 Mar 2007 | 10043319 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Krishidhan Research Foundation Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Krishidhan Research Foundation Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Krishidhan Research Foundation 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 Krishidhan Research Foundation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Krishidhan Research Foundation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK9895N2ZH | Maharashtra | Active | 03 Jul 2018 |
To see the full GST registrations and return filing status of Krishidhan Research Foundation Private Limited, buy the company report.
Recent activity
Krishidhan Research Foundation Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Jainarayan Pusaram Karwa ceased to be Director on 14 Jan 2020.
Frequently asked questions
Krishidhan Research Foundation is an active private limited company based in Indore, Madhya Pradesh, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 07 November 2006 (20+ years old) and is registered under CIN U73100MP2006PTC019049.
Krishidhan Research Foundation has 2 current directors:
- Sudha Sushil Karwa - Additional Director
- Sushil Jainarayan Karwa - Director
The latest financial statements of Krishidhan Research Foundation on record with the MCA are for the year ended 31 March 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Krishidhan Research Foundation is 27AACCK9895N2ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Krishidhan Research Foundation is U73100MP2006PTC019049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishidhan Research Foundation has 2 court cases on record: 2 filed against it. Most are in the district courts.
Krishidhan Research Foundation was incorporated on 07 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Krishidhan Research Foundation by revenue are Aditri Seeds Private Limited, Piccaso Seeds Private Limited, Choudhary Agri Tech Private Limited, all in the Agriculture industry (Seeds), with the same principal business activity (wholesale trading).
Jainarayan Pusaram Karwa ceased to be Director on 14 Jan 2020. Sudha Sushil Karwa was appointed as Additional Director on 02 Nov 2016. Govind Krishna Garg ceased to be Additional Director on 22 Dec 2015. Krishidhan Research Foundation has 5 board changes on record in total.
Krishidhan Research Foundation can be reached through the website krishidhanseeds.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Krishidhan Research Foundation is at 302 Royal House 113 Usha Gang, Indore, Madhya Pradesh, India – 452001.