MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0003025
Masand Agritech Private Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.52 Cr
▼ 75% YoY
Net profit · FY 2025
₹27.16 Lakh
Net margin 2.6%
EBITDA · FY 2025
₹1.04 Cr
EBITDA margin 9.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.56 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
26
Provident fund records
About Masand Agritech Private Limited
Data last updated:
Masand Agritech Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 11 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01409MP2019PTC047484. Its GSTIN is 23AAMCM3564A1ZR (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jayesh Rajesh Masand and Ritesh Masand.
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 13 Shashtri Market, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.52 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹27.16 Lakh (net margin 2.6%) and EBITDA of ₹1.04 Cr (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 22% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Masand Agritech. As per MCA filings, the company has open charges of ₹7.56 Cr on record.
Masand Agritech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0003025). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masandknapsacksprayers.com.
Company details
CIN U01409MP2019PTC047484
Registration Number 047484
Incorporation Date 11 January 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0003025
Recognitions & Rankings of Masand Agritech
Contact details
Masand Agritech Private Limited's registered office is in Indore, Madhya Pradesh. Its website is masandknapsacksprayers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address13 Shashtri Market, Indore, Madhya Pradesh, India – 452001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Masand Agritech Private Limited, buy the company report.
Comprehensive company report
Masand Agritech Private 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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Secure checkout · GST invoice included
Brands
Masand Agritech operates one associated brand: Masand Agritech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies agricultural sprayer systems for farming operations. | masandknapsacksprayers.com |
Business activity
The main business activity of Masand Agritech 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 Masand Agritech Private Limited, buy the company report.
Financials of Masand Agritech Private Limited
FY 2025 filings availableMasand Agritech Private Limited reported revenue of ₹10.52 Cr (down 75% YoY) for FY 2025.
Revenue · FY 2025
₹10.52 Cr ▼ 75%
Net profit · FY 2025
₹27.16 Lakh margin 2.6%
EBITDA · FY 2025
₹1.04 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 47%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 19%
5 years · compounded
▼ 7%
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 75% fall in the latest year. EBITDA fell 19% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Masand Agritech Private Limited, buy the company report.
Board of directors of Masand Agritech Private Limited
Masand Agritech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Rajesh Masand Also directs: Tivona Agri Private Limited, Masand Sprayers Private Limited | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Ritesh Masand Also directs: Tivona Agri Private Limited, Masand Sprayers Private Limited | Director | 11 Jan 2019 | 7 Years 9 Months | Current |
| Mahak Masand Also directs: Masand Sprayers Private Limited | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Masand Agritech Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agritech, 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 |
|---|---|---|---|---|---|---|
| Ramasamy Exports & Imports Private Limited | ₹10.54 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| Maheshwaram Dealtrade Private Limited | ₹10.54 Cr (FY 2025) | 215.0% | Kolkata, West Bengal, India | |||
| La Shive Exim Private Limited | ₹10.54 Cr (FY 2025) | 29.0% | Navi Mumbai, Maharashtra, India | |||
| Masand Agritech Private Limitedthis company | ₹10.52 Cr (FY 2025) | ₹27.16 Lakh | 2.6% | -75.0% | 26 | Indore, Madhya Pradesh, India |
| Artex Vinimay Private Limited | ₹10.5 Cr (FY 2018) | 9144.0% | Ahmedabad, Gujarat, India | |||
| Sishmahal Commercial Private Limited | ₹10.46 Cr (FY 2025) | 151.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Masand Agritech Private Limited, buy the company report.
Auditor
Masand Agritech Private Limited is audited by SANDEEP SURENDRA JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP SURENDRA JAIN & CO | FY 2023 | 010172C |
Shareholding
The shareholding of Masand Agritech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Masand Agritech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.56 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2020 | 100363662 | Others | ₹7.45 Cr | Open | |
| 19 Feb 2020 | 100325664 | Others | ₹10.38 Lakh | Open |
To see the full charge records of Masand Agritech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Masand Agritech 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 Masand Agritech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Masand Agritech Private Limited has a workforce of 26 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
-16.13%
GST
Masand Agritech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAMCM3564A1ZR | Madhya Pradesh | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of Masand Agritech Private Limited, buy the company report.
Recent activity
Masand Agritech Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Mahak Masand was appointed as Director on 11 Aug 2025.
AGM
Masand Agritech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Mahak Masand was appointed as Director.
Filing
Masand Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Jayesh Rajesh Masand ceased to be Additional Director.
Appointed
Jayesh Rajesh Masand was appointed as Director.
Charges
A charge with Others of Rs. 745.33 Lakh registered on 28 Jul 2020 with Charge ID 100363662 was modified on 25 May 2023.
Ceased
Ritesh Masand ceased to be Whole-Time Director.
Ceased
Mahak Masand ceased to be Director.
Charges
A charge with Others amounted to Rs. 745.33 Lakh with Charge ID 100363662 was registered on 28 Jul 2020.
Charges
A charge with Others amounted to Rs. 10.38 Lakh with Charge ID 100325664 was registered on 19 Feb 2020.
Appointed
Ritesh Masand was appointed as Director.
Incorporation
11 Jan 2019
Masand Agritech Private Limited was registered on 11 Jan 2019 with Roc Gwalior & aged 7 years 9 months as per MCA records.
Frequently asked questions
Masand Agritech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 11 January 2019 (7+ years old) and is registered under CIN U01409MP2019PTC047484.
Masand Agritech has 3 current directors:
- Jayesh Rajesh Masand - Director
- Ritesh Masand - Director
- Mahak Masand - Director
The latest financial statements of Masand Agritech 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 FY 2019 are in the company report.
The GSTIN of Masand Agritech is 23AAMCM3564A1ZR, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Masand Agritech is U01409MP2019PTC047484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masand Agritech was incorporated on 11 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Masand Agritech by revenue are Ramasamy Exports & Imports Private Limited, Maheshwaram Dealtrade Private Limited, La Shive Exim Private Limited, Artex Vinimay Private Limited, Sishmahal Commercial Private Limited, all in the Agriculture industry (Agritech, Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Mahak Masand was appointed as Director on 11 Aug 2025. Jayesh Rajesh Masand ceased to be Additional Director on 29 Sep 2023. Jayesh Rajesh Masand was appointed as Director on 01 Jun 2023. Masand Agritech has 6 board changes on record in total.
Yes, Masand Agritech is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0003025).
Masand Agritech can be reached through the website masandknapsacksprayers.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Masand Agritech is at 13 Shashtri Market, Indore, Madhya Pradesh, India – 452001.
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