About Mittapalli Agro Products Private Limited
Data last updated:
Mittapalli Agro Products Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the tobacco products and alternatives segment of the FMCG sector. It was incorporated on 03 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U01100AP2005PTC045258. Its GSTIN is 37AAECM1551D1ZT (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Ramesh Babu Mittapalli (Managing Director) and Lakshmi Susmitha Mittapalli.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No: 5 – 90 – 56/A 5th Lane3Rd Cross Road Chandramouli Nagar, Guntur, Andhra Pradesh, India – 522007.
As per the financials filed for FY 2023, the company reported a revenue of ₹137.66 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹52.59 Lakh (net margin 0.4%) and EBITDA of ₹3.76 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹46.27 Cr and satisfied charges of ₹19.92 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.15 Cr; the latest was in February 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mittapalliagrogroup.com.
Company details
Contact details
Mittapalli Agro Products Private Limited's registered office is in Guntur, Andhra Pradesh. Its website is mittapalliagrogroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo: 5 – 90 – 56/A 5th Lane3Rd Cross Road Chandramouli Nagar, Guntur, Andhra Pradesh, India – 522007
- IndustryFMCG, Tobacco Products & Alternatives
To see the full contact details of Mittapalli Agro Products 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
Financials of Mittapalli Agro Products Private Limited
FY 2023 filings availableMittapalli Agro Products Private Limited reported revenue of ₹137.66 Cr (up 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 99% growth in the latest year. EBITDA fell 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹137.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.59 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mittapalli Agro Products Private Limited, buy the company report.
Board of directors of Mittapalli Agro Products Private Limited
Mittapalli Agro Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Babu Mittapalli | Managing Director | 03 Feb 2005 | 21 Years 8 Months | Current |
| Lakshmi Susmitha Mittapalli | Director | 14 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Mittapalli Agro Products Private Limited is audited by V Rao And Gopi for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Rao And Gopi | FY 2023 | 003153S |
Shareholding
The shareholding of Mittapalli Agro Products Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mittapalli Agro Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2023 | 100708879 | Uco Bank | ₹11.5 Lakh | Open | |
| 21 Feb 2007 | 10040932 | Uco Bank | ₹46.15 Cr | Open | |
| 12 Jun 2014 | 10502138 | Uco Bank | ₹3 Cr | Satisfied | |
| 19 Jan 2012 | 10341307 | Uco Bank | ₹2.8 Cr | Satisfied | |
| 02 May 2011 | 10282659 | Uco Bank | ₹2.8 Cr | Satisfied |
To see the full charge records of Mittapalli Agro Products Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Mittapalli Agro Products Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.15 Cr; the latest was in February 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Ramesh Babu Mittapalli Huf Seller: 3 individuals |
| Dec 2015 | Funding round | ₹80 Lakh | Investors: an individual |
| Oct 2012 | Funding round | ₹1.6 Cr | Investors: 3 individuals |
To see the full deal history of Mittapalli Agro Products Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mittapalli Agro Products Private Limited has 7 court cases on record: 7 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Guntur, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed against the company by M/S Chaitanya Packaging Pvt.Ltd., Rep. by Its Asst. Manager Thotakura Venkata Ramaiah | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Prakasham, Andhra Pradesh | Criminal case | Filed against the company by Lakshmi Enterprises | Disposed |
To see the full case history of Mittapalli Agro Products 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.
Credit ratings & regulatory alerts
Mittapalli Agro Products Private Limited was last rated by Crisil on 27 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Nov 2020 |
To see the full credit ratings and regulatory alerts of Mittapalli Agro Products Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mittapalli Agro Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mittapalli Agro Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECM1551D1ZT | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mittapalli Agro Products Private Limited, buy the company report.
Recent activity
Mittapalli Agro Products Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Mittapalli Chandramohan ceased to be Director on 28 Feb 2023.
10 earlier events are in the company report.
Frequently asked questions
Mittapalli Agro Products is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in tobacco products and alternatives, within the FMCG industry. It was incorporated on 03 February 2005 (21+ years old) and is registered under CIN U01100AP2005PTC045258.
Mittapalli Agro Products has 2 current directors:
- Ramesh Babu Mittapalli - Managing Director
- Lakshmi Susmitha Mittapalli - Director
The latest financial statements of Mittapalli Agro Products on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mittapalli Agro Products is 37AAECM1551D1ZT, registered in Andhra Pradesh. 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 Mittapalli Agro Products is U01100AP2005PTC045258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittapalli Agro Products has 7 court cases on record: 7 filed against it. 3 are pending.
Mittapalli Agro Products was incorporated on 03 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
Mittapalli Agro Products has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.15 Cr; the latest was in February 2023.
Mittapalli Chandramohan ceased to be Director on 28 Feb 2023. Lakshmi Susmitha Mittapalli was appointed as Director on 14 Sep 2022. Suvarna Mittapalli ceased to be Director on 10 May 2021. Mittapalli Agro Products has 4 board changes on record in total.
Mittapalli Agro Products can be reached through the website mittapalliagrogroup.com. Its registered office is in Guntur, Andhra Pradesh, India.
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