About Madhya Pradesh State Agro Industries Development Corpn Ltd
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Madhya Pradesh State Agro Industries Development Corpn Ltd is a private limited state government company based in Bhopal, Madhya Pradesh, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 21 March 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01119MP1969SGC001055. Its GSTIN is 23AACCM0330Q1ZM (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.29 Cr. It is led by directors including Dilip Kumar (Managing Director) and Arvind Kumar Dubey (Managing Director).
Its last annual general meeting (AGM) was held on 06 September 2024, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Panchanan Malviya Nagar, Bhopal, Madhya Pradesh, India – 462003.
As per the financials filed for FY 2020, the company reported a revenue of ₹651.5 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹9.85 Cr (net margin 1.5%) and EBITDA of ₹17.18 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹6.5 Cr on record. Court records list 1 case involving the company, including 1 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 mpagro.org.
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- Registered AddressPanchanan Malviya Nagar, Bhopal, Madhya Pradesh, India – 462003
- IndustryAgriculture, Agro Retail & Distribution
- 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
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Financials of Madhya Pradesh State Agro Industries Development Corpn Ltd FY 2020 filings available
Madhya Pradesh State Agro Industries Development Corpn Ltd reported revenue of ₹651.5 Cr (up 16% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Madhya Pradesh State Agro Industries Development Corpn Ltd
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 58% 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 Madhya Pradesh State Agro Industries Development Corpn Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.85 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Madhya Pradesh State Agro Industries Development Corpn Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Madhya Pradesh State Agro Industries Development Corpn are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn Ltd is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ed&F Man Commodities India Private Limited | ₹696.88 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| J.U.B. Agro Foods Private Limited | ₹665.43 Cr (FY 2025) | •••• | •••• | 126.0% | •••• | New Delhi, Delhi, India |
| K.S. Commodities Private Limited | ₹663.73 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Dharashiv Sakhar Karkhana Limited | ₹661.01 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Osmanabad, Maharashtra, India |
| C R Prime Foods International Private Limited | ₹651.82 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Nokha, Rajasthan, India |
| Madhya Pradesh State Agro Industries Development Corpn Ltd this company | ₹651.5 Cr (FY 2020) | •••• | •••• | 16.0% | •••• | Bhopal, Madhya Pradesh, India |
| Sara International Private Limited | ₹646.03 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Swastik Agro Impex (India) Limited | ₹635.83 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Bhopal, Madhya Pradesh, India |
| Jindal Green Crop International Private Limited | ₹623.42 Cr (FY 2016) | •••• | •••• | 22.0% | •••• | Delhi, India |
| DCP India Private Limited | ₹622.48 Cr (FY 2018) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| The Odisha Small Industries Corporation Limited | ₹622.1 Cr (FY 2021) | •••• | •••• | 16.0% | •••• | Cuttack, Odisha, India |
Peers are the five companies nearest above and the five nearest below Madhya Pradesh State Agro Industries Development Corpn by revenue in the Agriculture industry (Agro Retail and Distribution), 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 Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn Ltd is audited by B.C.P JAIN & CO. for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.C.P JAIN & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn has 10 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakti Sharan | Director | 22 Feb 2018 | 8 Years 7 Months | Current |
| Sukhveer Singh | Director | 15 Jan 2024 | 2 Years 8 Months | Current |
| Prashant Kumar Pandey | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Dilip Kumar | Managing Director | 06 Oct 2023 | 3 Years 0 Months | Current |
| Chandra Bhan Singh | Director | 09 Oct 2023 | 3 Years 0 Months | Current |
| Ashok Barnwal | Director | 31 Oct 2022 | 3 Years 11 Months | Current |
Ownership and Shareholding of Madhya Pradesh State Agro Industries Development Corpn Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Madhya Pradesh State Agro Industries Development Corpn Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 1993 | Punjab National Bank | ₹3.5 Cr | Open |
| 27 Jul 1984 | Punjab National Bank | ₹1.5 Cr | Open |
| 27 Jul 1984 | Punjab National Bank | ₹1.5 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn Ltd has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed against the company by Agromach Engineering Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Madhya Pradesh State Agro Industries Development Corpn Ltd
Employment history and EPFO contributions of people linked to Madhya Pradesh State Agro Industries Development Corpn.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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Group Structure of Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn has 3 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
Recent Activity on Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn Ltd has 46 board changes on record since 2008: 10 appointments and 36 cessations. The latest: Arvind Kumar Dubey was appointed as Managing Director on 27 Jan 2025.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Madhya Pradesh State Agro Industries Development Corpn Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Madhya Pradesh State Agro Industries Development Corpn Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Madhya Pradesh State Agro Industries Development Corpn Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCM0330Q1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCM0330Q1DV | Madhya Pradesh | Active | 24 Oct 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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MCA Filings & Documents of Madhya Pradesh State Agro Industries Development Corpn Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Madhya Pradesh State Agro Industries Development Corpn Ltd
Madhya Pradesh State Agro Industries Development Corpn is an active private limited state government company based in Bhopal, Madhya Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 21 March 1969 (57+ years old) and is registered under CIN U01119MP1969SGC001055.
Madhya Pradesh State Agro Industries Development Corpn reported revenue of ₹651.5 Cr for FY 2020 (up 16% YoY).
Madhya Pradesh State Agro Industries Development Corpn has 10 current directors:
- Dilip Kumar - Managing Director
- Arvind Kumar Dubey - Managing Director
- Shakti Sharan - Director
- Sukhveer Singh - Director
- Prashant Kumar Pandey - Director
- Chandra Bhan Singh - Director
- Ashok Barnwal - Director
- Om Prakash Gupta - Director
- Jugjeevan Ram Narware - Director
- Anupam Rajan - Director
Madhya Pradesh State Agro Industries Development Corpn reported a net profit of ₹9.85 Cr (net margin 1.5%) and EBITDA of ₹17.18 Cr (EBITDA margin 2.6%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Madhya Pradesh State Agro Industries Development Corpn is -26% over three years and -11% over five years. In the latest year (FY 2020) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Madhya Pradesh State Agro Industries Development Corpn is 23AACCM0330Q1ZM, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AACCM0330Q1DV (Madhya Pradesh).
The CIN (Corporate Identification Number) of Madhya Pradesh State Agro Industries Development Corpn is U01119MP1969SGC001055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhya Pradesh State Agro Industries Development Corpn has 1 court case on record: 1 filed against it.
Madhya Pradesh State Agro Industries Development Corpn was incorporated on 21 March 1969, making it 57+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Madhya Pradesh State Agro Industries Development Corpn by revenue are Ed&F Man Commodities India Private Limited, J.U.B. Agro Foods Private Limited, K.S. Commodities Private Limited, Dharashiv Sakhar Karkhana Limited, C R Prime Foods International Private Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Arvind Kumar Dubey was appointed as Managing Director on 27 Jan 2025. Anupam Rajan was appointed as Director on 20 Aug 2024. Jai Narayan Kansotiya ceased to be Director on 15 Jan 2024. Madhya Pradesh State Agro Industries Development Corpn has 46 board changes on record in total.