MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-10-0031133
Mahak Agro India Limited
Mahak Agro India Limited - agriculture in Mandsaur, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.9 Lakh
▲ 1778% YoY
Net profit · FY 2025
₹8.63 Lakh
Net margin 24%
EBITDA · FY 2025
₹11.18 Lakh
EBITDA margin 31.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹42.3 Lakh
Issued & subscribed
Open charges
₹29.5 Cr
Satisfied ₹25.7 Cr
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
About Mahak Agro India Limited
Data last updated:
Mahak Agro India Limited is a public limited company based in Mandsaur, Madhya Pradesh, India, a subsidiary of Jaora Pipes Private Limited. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 03 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01403MP2008PLC021107. Its GSTIN is 23AAFCM7219K1ZD (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹42.3 Lakh. It is led by directors including Mahesh Garg and Kiran Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pathak Bhawan Opp Jain Hospital Nai Abadi, Mandsaur, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.63 Lakh (net margin 24%) and EBITDA of ₹11.18 Lakh (EBITDA margin 31.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 50% over five years.
As per MCA filings, the company has open charges of ₹29.5 Cr and satisfied charges of ₹25.7 Cr on record.
Mahak Agro India Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-10-0031133). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01403MP2008PLC021107
Registration Number 021107
Incorporation Date 03 September 2008
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Jaora Pipes Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-10-0031133
Recognitions & Rankings of Mahak Agro India
Contact details
Mahak Agro India Limited's registered office is in Mandsaur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPathak Bhawan Opp Jain Hospital Nai Abadi, Mandsaur, Madhya Pradesh, India – 452001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Mahak Agro India Limited, buy the company report.
Comprehensive company report
Mahak Agro India Limited - one report that includes everything
- 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 Mahak Agro India Limited
FY 2025 filings availableMahak Agro India Limited reported revenue of ₹35.9 Lakh (up 1778% YoY) for FY 2025.
Revenue · FY 2025
₹35.9 Lakh ▲ 1778%
Net profit · FY 2025
₹8.63 Lakh margin 24%
EBITDA · FY 2025
₹11.18 Lakh margin 31.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 8%
5 years · compounded
▼ 50%
EBITDA CAGR growth
3 years · compounded
▲ 208%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 50% over five 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 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 | ₹11.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.63 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.1% | ||||
| Net Profit Margin | 24% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mahak Agro India Limited, buy the company report.
Board of directors of Mahak Agro India Limited
Mahak Agro India 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 |
|---|---|---|---|---|
| Mahesh Garg Also directs: Mahaveer Agritech LLP, Uxbridge Healthcare LLP, Shri Ratan Raj Foods Private Limited and 1 more | Director | 03 Sep 2008 | 18 Years 2 Months | Current |
| Kiran Garg Also directs: Satyam Multiple Business Private Limited | Director | 10 Oct 2017 | 9 Years 0 Months | Current |
| Gunita Garg Also directs: Satyam Multiple Business Private Limited | Director | 14 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Mahak Agro India Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Walnutgrove Dairy Private Limited | ₹36.02 Lakh (FY 2025) | 18.0% | Jhajjar, Haryana, India | |||
| Sitaram Tea Plantations Private Limited | ₹35.92 Lakh (FY 2025) | 31.0% | P S Siliguri, West Bengal, India | |||
| Mahak Agro India Limitedthis company | ₹35.9 Lakh (FY 2025) | ₹8.63 Lakh | 24% | 1778.0% | Mandsaur, Madhya Pradesh, India | |
| Hierank Industries Private Limited | ₹35.86 Lakh (FY 2025) | 25.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Mahak Agro India Limited, buy the company report.
Auditor
Mahak Agro India Limited is audited by VINAY BABULAL AGRAWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY BABULAL AGRAWAL & CO | FY 2021 | 009649C |
Shareholding
The shareholding of Mahak Agro India Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahak Agro India Limited, buy the company report.
Charges & borrowings
Open charges
₹29.5 Cr
Satisfied charges
₹25.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101168497 | Others | ₹25 Cr | Open | |
| 03 Apr 2025 | 101082983 | Canara Bank | ₹4.5 Cr | Open | |
| 27 Sep 2018 | 100206782 | Others | ₹18.2 Cr | Satisfied | |
| 19 Jul 2013 | 10439933 | Bank of Baroda | ₹7.5 Cr | Satisfied |
To see the full charge records of Mahak Agro India Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Mahak Agro India 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 Mahak Agro India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahak Agro India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCM7219K1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AAFCM7219K2Z4 | Rajasthan | Active | 24 Apr 2019 |
To see the full GST registrations and return filing status of Mahak Agro India Limited, buy the company report.
Recent activity
Mahak Agro India Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Kiran Garg ceased to be Additional Director on 29 Sep 2018.
AGM
Mahak Agro India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101168497 was registered on 24 Sep 2025.
Charges
A charge with Canara Bank amounted to Rs. 4.50 Cr with Charge ID 101082983 was registered on 03 Apr 2025.
Filing
Mahak Agro India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 27 Sep 2018 via Charge ID 100206782 with Others was fully satisfied on 03 Jul 2024.
Ceased
Kiran Garg ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 18.20 Cr with Charge ID 100206782 was registered on 27 Sep 2018.
Ceased
Satyanarayan Garg ceased to be Managing Director.
Appointed
Gunita Garg was appointed as Director.
Charges
A charge registered on 19 Jul 2013 via Charge ID 10439933 with Bank Of Baroda was fully satisfied on 24 Apr 2018.
Appointed
Kiran Garg was appointed as Director.
Ceased
Ramesh Chandra Garg ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Mahak Agro India is an active public limited company based in Mandsaur, Madhya Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 03 September 2008 (18+ years old) and is registered under CIN U01403MP2008PLC021107.
Mahak Agro India has 3 current directors:
- Mahesh Garg - Director
- Kiran Garg - Director
- Gunita Garg - Director
The latest financial statements of Mahak Agro India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahak Agro India is 23AAFCM7219K1ZD, 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 08AAFCM7219K2Z4 (Rajasthan).
The CIN (Corporate Identification Number) of Mahak Agro India is U01403MP2008PLC021107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahak Agro India was incorporated on 03 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mahak Agro India by revenue are Walnutgrove Dairy Private Limited, Sitaram Tea Plantations Private Limited, Hierank Industries Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Kiran Garg ceased to be Additional Director on 29 Sep 2018. Satyanarayan Garg ceased to be Managing Director on 17 Sep 2018. Gunita Garg was appointed as Director on 14 Sep 2018. Mahak Agro India has 6 board changes on record in total.
Yes, Mahak Agro India is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-10-0031133).
The registered office of Mahak Agro India is at Pathak Bhawan Opp Jain Hospital Nai Abadi, Mandsaur, Madhya Pradesh, India – 452001.
Mahak Agro India operates in the agriculture industry, in the agro retail and distribution segment.
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