Modern Agrigenetics Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U24211MP2014PLC032998 Incorporated 04 August 2014 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Public Limited Company agriculture MSME · Small
Data last updated
Revenue · FY 2024
₹13.47 Cr
▼ 23% YoY
Net profit · FY 2024
₹13.4 Lakh
Net margin 1%
EBITDA · FY 2024
₹81.14 Lakh
EBITDA margin 6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹14.8 Lakh
Issued & subscribed
Open charges
₹6.29 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings

About Modern Agrigenetics Limited

Data last updated:

Modern Agrigenetics Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 04 August 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24211MP2014PLC032998. Its GSTIN is 23AAJCM4473F1ZI (Madhya Pradesh). The company holds 23 GST registrations, of which 14 are active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.8 Lakh. It is led by directors including Deepak Rajput and Sumitrabai.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sonam Plaza Office No Mz – 01 Opp. Oriental Bank Of Commerce Nemawar Road Navlakha, Indore, Madhya Pradesh, India – 452001.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.47 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹13.4 Lakh (net margin 1%) and EBITDA of ₹81.14 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.

As per MCA filings, the company has open charges of ₹6.29 Cr on record. Court records list 162 cases involving the company, including 151 filed by the company and 11 filed against it; 116 cases are pending.

Modern Agrigenetics Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0014384). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernagrigenetics.com.

Company details

CIN U24211MP2014PLC032998
Registration Number 032998
Incorporation Date 04 August 2014
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0014384

Recognitions & Rankings of Modern Agrigenetics

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-23-0014384

Contact details

Modern Agrigenetics Limited's registered office is in Indore, Madhya Pradesh. Its website is modernagrigenetics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Sonam Plaza Office No Mz – 01 Opp. Oriental Bank Of Commerce Nemawar Road Navlakha, Indore, Madhya Pradesh, India – 452001
  • Industry
    Agriculture, Horticulture & Produce, Crop Protection, Seed Production & Distribution, Fertilizers & Soil Enhancers

To see the full contact details of Modern Agrigenetics Limited, buy the company report.

Comprehensive company report
Modern Agrigenetics 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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Business activity

The main business activity of Modern Agrigenetics is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Modern Agrigenetics Limited, buy the company report.

Financials of Modern Agrigenetics Limited

FY 2024 filings available

Modern Agrigenetics Limited reported revenue of ₹13.47 Cr (down 23% YoY) for FY 2024.

Revenue · FY 2024
₹13.47 Cr ▼ 23%
Net profit · FY 2024
₹13.4 Lakh margin 1%
EBITDA · FY 2024
₹81.14 Lakh margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 8%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 30%
5 years · compounded
▲ 31%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹81.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.4 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6%
Net Profit Margin1%
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 Modern Agrigenetics Limited, buy the company report.

Board of directors of Modern Agrigenetics Limited

Modern Agrigenetics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak RajputDirector13 Sep 20233 Years 1 MonthsCurrent
SumitrabaiDirector13 Sep 20233 Years 1 MonthsCurrent
Manohar Singh RajputDirector04 Aug 201412 Years 2 MonthsCurrent

Auditor

Modern Agrigenetics Limited is audited by NAHAR V & COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NAHAR V & COMPANYFY 2023010443C

Shareholding

The shareholding of Modern Agrigenetics 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Modern Agrigenetics Limited, buy the company report.

Charges & borrowings

Open charges
₹6.29 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹6.03 Cr
Axis Bank Limited₹0.26 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Apr 2025101079573Others₹4 CrOpen
21 Feb 2024100918920Axis Bank Limited₹23 LakhOpen
04 Jan 2022100532430Others₹2.03 CrOpen
03 Jun 2019100276726Axis Bank Limited₹3.1 LakhOpen

To see the full charge records of Modern Agrigenetics Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Modern Agrigenetics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Modern Agrigenetics has 23 GST registrations: 14 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
23
Active
14
Cancelled / inactive
9
GSTINStateStatusRegistered on
23AAJCM4473F1ZIMadhya PradeshActive01 Jul 2017
09AAJCM4473F1Z8Uttar PradeshActive01 Jul 2017
22AAJCM4473F1ZKChattisgarhActive01 Jul 2017
10AAJCM4473F2ZOBiharActive07 Feb 2019

To see the full GST registrations and return filing status of Modern Agrigenetics Limited, buy the company report.

Recent activity

Modern Agrigenetics Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Deepak Rajput was appointed as Director on 13 Sep 2023.

Charges
A charge with Others of Rs. 400.00 Lakh registered on 09 Apr 2025 with Charge ID 101079573 was modified on 20 Jun 2025.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101079573 was registered on 09 Apr 2025.
AGM
Modern Agrigenetics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Modern Agrigenetics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.00 Lakh with Charge ID 100918920 was registered on 21 Feb 2024.
Appointed
Deepak Rajput was appointed as Director.
Ceased
Deepak Rajput ceased to be Director.
Ceased
Rahul ceased to be Director.
Appointed
Sumitrabai was appointed as Director.
Charges
A charge with Others of Rs. 203.00 Lakh registered on 04 Jan 2022 with Charge ID 100532430 was modified on 02 May 2023.
Ceased
Deepak Rajput ceased to be Director.
Ceased
Sumitrabai ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Modern Agrigenetics is an active public limited company based in Indore, Madhya Pradesh, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 04 August 2014 (12+ years old) and is registered under CIN U24211MP2014PLC032998.

Modern Agrigenetics has 3 current directors:

The latest financial statements of Modern Agrigenetics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Modern Agrigenetics is 23AAJCM4473F1ZI, registered in Madhya Pradesh. The company has 23 GST registrations in all, of which 14 are active and 9 are cancelled or inactive. Other active GSTINs include 09AAJCM4473F1Z8 (Uttar Pradesh), 22AAJCM4473F1ZK (Chattisgarh), 10AAJCM4473F2ZO (Bihar).

The CIN (Corporate Identification Number) of Modern Agrigenetics is U24211MP2014PLC032998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Modern Agrigenetics has 162 court cases on record: 151 filed by the company and 11 filed against it. 116 are pending. Most are in the district courts.

Modern Agrigenetics was incorporated on 04 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Gwalior.

Deepak Rajput was appointed as Director on 13 Sep 2023. Deepak Rajput ceased to be Director on 13 Sep 2023. Rahul ceased to be Director on 13 Sep 2023. Modern Agrigenetics has 9 board changes on record in total.

Yes, Modern Agrigenetics is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0014384).

Modern Agrigenetics can be reached through the website modernagrigenetics.com. Its registered office is in Indore, Madhya Pradesh, India.