MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0071434
Morgan Agrotech Limited - food and beverages in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.48 Cr
▼ 59% YoY
Net profit · FY 2024
₹2.09 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹2.09 Lakh
EBITDA margin 0.8%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹4.87 Cr
Issued & subscribed
Satisfied charges
₹25.64 Cr
No open charges
Company age
12 yrs
Est. 2014
Employees · EPFO
4
Provident fund records
About Morgan Agrotech Limited
Data last updated:
Morgan Agrotech Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 20 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01400MH2014PLC255575. Its GSTIN is 27AAJCM2862L1Z0 (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.87 Cr. It is led by directors including Rekha Samadhan Hirey and Mahendra Sahebrao Hire.
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 Nashik, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.48 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Lakh (net margin 0.8%) and EBITDA of ₹2.09 Lakh (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹25.64 Cr on record.
Morgan Agrotech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0071434). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morgan-milk-and-dairy-industries-pvt-ltd.business.site.
Company details
CIN U01400MH2014PLC255575
Registration Number 255575
Incorporation Date 20 June 2014
ROC Mumbai
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-MH-23-0071434
CIN history
Morgan Agrotech has one previous CIN (Corporate Identification Number): U01400MH2014PTC255575. The current CIN is U01400MH2014PLC255575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01400MH2014PLC255575 | Current |
| U01400MH2014PTC255575 | Previous |
Key People
Rekha Samadhan Hirey Director Mahendra Sahebrao Hire Director Samadhan Sahebrao Hire Director Recognitions & Rankings of Morgan Agrotech
Contact details
Morgan Agrotech Limited's registered office is in Nashik, Maharashtra.
- Registered AddressF.No. B – 101 Ekaant Apt, Nr. Gangajal Nursery Saw., Nashik, Maharashtra, India – 422013
- IndustryFood and Beverages, Dairy Products & Milk Processing
Comprehensive company report
Morgan Agrotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Morgan Agrotech 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 Morgan Agrotech Limited, buy the company report.
Financials of Morgan Agrotech Limited
FY 2024 filings availableMorgan Agrotech Limited reported revenue of ₹2.48 Cr (down 59% YoY) for FY 2024.
Revenue · FY 2024
₹2.48 Cr ▼ 59%
Net profit · FY 2024
₹2.09 Lakh margin 0.8%
EBITDA · FY 2024
₹2.09 Lakh margin 0.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 61%
EBITDA CAGR growth
1 year
▲ 272%
3 years · compounded
▼ 83%
5 years · compounded
▼ 55%
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 59% fall in the latest year. EBITDA rose 272% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.09 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Morgan Agrotech Limited, buy the company report.
Board of directors of Morgan Agrotech Limited
Morgan Agrotech 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 |
|---|---|---|---|---|
| Rekha Samadhan Hirey Also directs: Hire and Ashok Vatsalya Agro Producer Company Limited, Morgan Sugar Limited, Morgan Energy Limited and 1 more | Director | 20 Jun 2014 | 12 Years 4 Months | Current |
| Mahendra Sahebrao Hire | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Samadhan Sahebrao Hire Also directs: Hire and Ashok Vatsalya Agro Producer Company Limited, Morgan Castor Oil Private Limited, Morgan Sugar Limited and 2 more | Director | 20 Jun 2014 | 12 Years 4 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹25.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2017 | 100125546 | Others | ₹25.64 Cr | Satisfied |
To see the full charge records of Morgan Agrotech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Morgan Agrotech Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Morgan Agrotech Limited was last rated by Care on 13 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Feb 2023 |
To see the full credit ratings and regulatory alerts of Morgan Agrotech Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Morgan Agrotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Morgan Agrotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM2862L1Z0 | Maharashtra | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Morgan Agrotech Limited, buy the company report.
Recent activity
Morgan Agrotech Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Mahendra Sahebrao Hire was appointed as Director on 20 Mar 2025.
Appointed
Mahendra Sahebrao Hire was appointed as Director.
AGM
Morgan Agrotech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Morgan Agrotech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 28 Sep 2017 via Charge ID 100125546 with Others was fully satisfied on 09 Dec 2021.
Charges
A charge with Others of Rs. 25.64 Cr registered on 28 Sep 2017 with Charge ID 100125546 was modified on 20 Jun 2020.
Ceased
Dhanraj Popatrao Kapadnis ceased to be Director.
Ceased
Ramesh Tirthdas Makhija ceased to be Director.
Ceased
Sanjay Sahebrao Hire ceased to be Director.
Charges
A charge with Others amounted to Rs. 25.64 Cr with Charge ID 100125546 was registered on 28 Sep 2017.
Appointed
Rekha Samadhan Hirey was appointed as Director.
Appointed
Samadhan Sahebrao Hire was appointed as Director.
Incorporation
20 Jun 2014
Morgan Agrotech Limited was registered on 20 Jun 2014 with Roc Mumbai & aged 12 years 4 months as per MCA records.
Frequently asked questions
Morgan Agrotech is an active public limited company based in Nashik, Maharashtra, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 20 June 2014 (12+ years old) and is registered under CIN U01400MH2014PLC255575.
Morgan Agrotech has 3 current directors:
- Rekha Samadhan Hirey - Director
- Mahendra Sahebrao Hire - Director
- Samadhan Sahebrao Hire - Director
The latest financial statements of Morgan Agrotech 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 Morgan Agrotech is 27AAJCM2862L1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Morgan Agrotech is U01400MH2014PLC255575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morgan Agrotech was incorporated on 20 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahendra Sahebrao Hire was appointed as Director on 20 Mar 2025. Dhanraj Popatrao Kapadnis ceased to be Director on 08 Apr 2019. Ramesh Tirthdas Makhija ceased to be Director on 08 Apr 2019. Morgan Agrotech has 6 board changes on record in total.
Yes, Morgan Agrotech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0071434).
Morgan Agrotech can be reached through the website morgan-milk-and-dairy-industries-pvt-ltd.business.site. Its registered office is in Nashik, Maharashtra, India.
The registered office of Morgan Agrotech is at F.No. B – 101 Ekaant Apt, Nr. Gangajal Nursery Saw., Nashik, Maharashtra, India – 422013.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages