MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-PB-12-0041463
Modern Insecticides Limited - agriculture in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹100.49 Cr
▲ 17% YoY
Net profit · FY 2025
₹1.13 Cr
Net margin 1.1%
EBITDA · FY 2025
₹5.23 Cr
EBITDA margin 5.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.2 Cr
Issued & subscribed
Open charges
₹36.4 Cr
Satisfied ₹30.59 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
21
Provident fund records
About Modern Insecticides Limited
Data last updated:
Modern Insecticides Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 22 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24211PB1990PLC010771. Its GSTIN is 03AACCM0019L1ZW (Punjab). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.2 Cr. It was formerly known as Modern Insecticides Private Limited. It is led by directors including Amandeep Singh and Surendra Kumar.
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 30 – A Shastri Nagar Archies Gallery Ishmeet Chownk, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.49 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 1.1%) and EBITDA of ₹5.23 Cr (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Milworld. As per MCA filings, the company has open charges of ₹36.4 Cr and satisfied charges of ₹30.59 Cr on record. Court records list 123 cases involving the company, including 72 filed by the company and 51 filed against it; 8 cases are pending. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.56 Cr; the latest was in April 2021. Its 4 peer companies in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 2 smaller; the largest is Microbial Control (India) Private Limited with revenue of ₹106.08 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 200 overdue payments to 28 micro and small suppliers.
Modern Insecticides Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-PB-12-0041463). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milworld.co.
Company details
CIN U24211PB1990PLC010771
Registration Number 010771
Incorporation Date 22 October 1990
ROC Chandigarh
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 MSME
Udyam Registration UDYAM-PB-12-0041463
CIN history
Modern Insecticides has one previous CIN (Corporate Identification Number): U24211PB1990PTC010771. The current CIN is U24211PB1990PLC010771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24211PB1990PLC010771 | Current |
| U24211PB1990PTC010771 | Previous |
Recognitions & Rankings of Modern Insecticides
Contact details
Modern Insecticides Limited's registered office is in Ludhiana, Punjab. Its website is milworld.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address30 – A Shastri Nagar Archies Gallery Ishmeet Chownk, Ludhiana, Punjab, India – 141010
- IndustryAgriculture, Crop Protection
To see the full contact details of Modern Insecticides Limited, buy the company report.
Comprehensive company report
Modern Insecticides 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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Brands
Modern Insecticides operates one associated brand: Milworld. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers affordable agro chemicals and modern farming inputs to Indian farmers. | milworld.co |
Business activity
The main business activity of Modern Insecticides is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Modern Insecticides Limited, buy the company report.
Financials of Modern Insecticides Limited
FY 2024 filings availableModern Insecticides Limited reported revenue of ₹100.49 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹100.49 Cr ▲ 17%
Net profit · FY 2025
₹1.13 Cr margin 1.1%
EBITDA · FY 2025
₹5.23 Cr margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 14%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 10%
5 years · compounded
▼ 4%
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 14% 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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| EBITDA | ₹5.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 Cr | ||||
| Balance Sheet | |||||
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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 | 5.2% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Modern Insecticides Limited, buy the company report.
Board of directors of Modern Insecticides Limited
Modern Insecticides has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amandeep Singh | Director | 10 Apr 2021 | 5 Years 6 Months | Current |
| Surendra Kumar | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Tarlochan Singh | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Modern Insecticides Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Microbial Control (India) Private Limited | ₹106.08 Cr (FY 2023) | Thane, Maharashtra, India | ||||
| Nacl Spec-Chem Limited | ₹104.4 Cr (FY 2025) | -43.0% | Hyderabad, Telangana, India | |||
| Modern Insecticides Limitedthis company | ₹100.49 Cr (FY 2025) | ₹1.13 Cr | 1.1% | 17.0% | 21 | Ludhiana, Punjab, India |
| Hughes and Hughes Chem Limited | ₹100.12 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Monsoon Agrochemicals Private Limited | ₹92.9 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India |
To see the full peer comparison of Modern Insecticides Limited, buy the company report.
Auditor
Modern Insecticides Limited is audited by Singh Nayyar & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singh Nayyar & Company | FY 2023 | 029034N |
Shareholding
The shareholding of Modern Insecticides 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 Modern Insecticides Limited, buy the company report.
Charges & borrowings
Open charges
₹36.4 Cr
Satisfied charges
₹30.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2022 | 100613558 | Others | ₹4 Cr | Open | |
| 04 Jun 2022 | 100590824 | Others | ₹4.5 Cr | Open | |
| 29 Oct 2020 | 100391954 | Others | ₹2.9 Cr | Open | |
| 28 Jul 2016 | 100047691 | Others | ₹25 Cr | Open | |
| 27 Jun 2013 | 10434769 | Reliance Home Finance Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Modern Insecticides Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Modern Insecticides Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.56 Cr; the latest was in April 2021.
Total deals
7
Funding rounds
3
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹3.56 Cr
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Funding round | ₹1.45 Cr | Investors: an individual |
| Nov 2016 | Rights issue | ₹50 Lakh | Investors: 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jan 2015 | Funding round | ₹51.5 Lakh | Investors: S Avtar Singh (Huf), 3 individuals |
To see the full deal history of Modern Insecticides 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
Modern Insecticides Limited has 123 court cases on record: 72 filed by Modern Insecticides, 51 filed against it. 8 cases are pending and 115 are disposed.
Total cases
123
Filed by the company
72
Filed against the company
51
Pending
8
Disposed
115
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 105 | 43 | 6 |
| High courts | 17 | 7 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 123)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Embolden Imports and Exports Pvt. Ltd. | Disposed |
| High Court, PUNJAB | Company petition | Filed against the company by M/S Goldfarm Chemical Co. Pvt Ltd | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S Sudarshan Consolidated Pvt Limited | Disposed |
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by Ms Kaiser Industries Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by State of Punjab | Pending |
To see the full case history of Modern Insecticides 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
Modern Insecticides Limited was last rated by Crisil on 16 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Sep 2020 |
To see the full credit ratings and regulatory alerts of Modern Insecticides Limited, buy the company report.
MSME payment delays
Modern Insecticides Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 200 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Guru Teg Bahadur Board Mills | |||
| Vasudev Alucan Private Limited | |||
| Jaju Chemicals Private Limited | |||
| Modern Packgers Barara |
To see the full MSME payment records of Modern Insecticides Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Modern Insecticides Limited has a workforce of 21 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-12.5%
GST
Modern Insecticides has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCM0019L1ZW | Punjab | Active | 01 Jul 2017 |
| 03AACCM0019L2ZV | Punjab | Active | 14 Aug 2024 |
To see the full GST registrations and return filing status of Modern Insecticides Limited, buy the company report.
Recent activity
Modern Insecticides Limited has 20 board changes on record since 2009: 3 appointments and 17 cessations. The latest: Surinder Kumar ceased to be Additional Director on 15 Mar 2024.
AGM
Modern Insecticides Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Modern Insecticides Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Surinder Kumar ceased to be Additional Director.
Ceased
Balwinder Singh Arora ceased to be Additional Director.
Ceased
Varjinder Kumar ceased to be Additional Director.
Ceased
Surendra Kumar ceased to be Additional Director.
Ceased
Tarlochan Singh ceased to be Additional Director.
Appointed
Surendra Kumar was appointed as Director.
Appointed
Tarlochan Singh was appointed as Director.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100613558 was registered on 03 Aug 2022.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100590824 was registered on 04 Jun 2022.
Ceased
Shalini Waliya ceased to be Director.
38 earlier events are in the company report.
Frequently asked questions
Modern Insecticides is an active public limited company based in Ludhiana, Punjab, India. The company works in crop protection, within the agriculture industry. It was incorporated on 22 October 1990 (36+ years old) and is registered under CIN U24211PB1990PLC010771.
Modern Insecticides has 3 current directors:
- Amandeep Singh - Director
- Surendra Kumar - Director
- Tarlochan Singh - Director
The latest financial statements of Modern Insecticides 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 Insecticides is 03AACCM0019L1ZW, registered in Punjab. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 03AACCM0019L2ZV (Punjab).
The CIN (Corporate Identification Number) of Modern Insecticides is U24211PB1990PLC010771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Insecticides has 123 court cases on record: 72 filed by the company and 51 filed against it. 8 are pending. Most are in the district courts.
Modern Insecticides was incorporated on 22 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chandigarh.
Modern Insecticides has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.56 Cr; the latest was in April 2021.
The peers of Modern Insecticides by revenue are Microbial Control (India) Private Limited, Nacl Spec-Chem Limited, Hughes and Hughes Chem Limited, Monsoon Agrochemicals Private Limited, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Surinder Kumar ceased to be Additional Director on 15 Mar 2024. Balwinder Singh Arora ceased to be Additional Director on 30 May 2023. Varjinder Kumar ceased to be Additional Director on 30 May 2023. Modern Insecticides has 20 board changes on record in total.
Yes, Modern Insecticides is registered as an MSME under Udyam registration (number: UDYAM-PB-12-0041463).
Modern Insecticides has 3 MSME Form 1 returns on record between 2019 and 2022, listing 200 overdue payments to 28 micro and small suppliers. The latest return was filed on 09 May 2022.