About Adani Agri Fresh Limited
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Adani Agri Fresh Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Enterprises Limited. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 14 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63022GJ2004PLC045143. Its GSTIN is 24AAFCA0413P1ZV (Gujarat). The company holds 13 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹106.96 Cr and a paid-up capital of ₹102.57 Cr. It is led by directors including Manish Kumar Agarwal (Managing Director) and Atul Chaturvedi.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹246.43 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹41.28 Cr (net margin 16.8%) and EBITDA of ₹37.55 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Adani Agrifresh and Adani Group. As per MCA filings, the company has open charges of ₹80 Cr and satisfied charges of ₹559.38 Cr on record. Court records list 31 cases involving the company, including 20 filed by the company and 11 filed against it; 2 cases are pending. The company has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹210.46 Cr; the latest was in November 2022. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 42 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adani.com.
Company details
Contact details
Adani Agri Fresh Limited's registered office is in Ahmedabad, Gujarat. Its website is adani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAdani Corporate House Shantigram Nr. Vaishno Devi Circle S.G. Highway K, Hodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Adani Agri Fresh 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
Brands
Adani Agri Fresh operates two associated brands: Adani Agrifresh and Adani Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marketing and importing of fruits in India with a focus on agriculture. | farmpik.com | |
| Diversified operations are conducted across multiple industries worldwide. | adani.com |
Business activity
The main business activity of Adani Agri Fresh is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Adani Agri Fresh Limited, buy the company report.
Financials of Adani Agri Fresh Limited
FY 2025 filings availableAdani Agri Fresh Limited reported revenue of ₹246.43 Cr (up 33% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 33% growth 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹37.55 Cr | ||||
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| Net Profit (PAT) | ₹41.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||||
| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 16.8% | ||||
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To see the full financial statements and ratios of Adani Agri Fresh Limited, buy the company report.
Board of directors and KMP of Adani Agri Fresh Limited
Adani Agri Fresh Limited currently reports 4 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Chaturvedi Also directs: Shree Renuka Sugars Limited, Anamika Sugar Mills Private Limited, Dvara E-Registry Private Limited and 2 more | Director | 14 Dec 2004 | 21 Years 10 Months | Current |
| Niranjan Jain | Company Secretary | 12 Mar 2016 | 10 Years 7 Months | Current |
| Pranav Vinod Adani Also directs: Adani Total Gas Limited, Adani Enterprises Limited, Amg Media Networks Limited and 5 more | Director | 15 Jun 2005 | 21 Years 4 Months | Current |
| Manish Kumar Agarwal | Managing Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Dipti Shah Also directs: Adani Bunkering Limited, Ocean Sparkle Limited, Mundra LPG Terminal Private Limited and 5 more | Director | 25 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Adani Agri Fresh Limited is audited by Dharmesh Parikh and Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dharmesh Parikh and Co LLP | FY 2023 | 112054W/W100725 |
Shareholding
The shareholding of Adani Agri Fresh Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adani Agri Fresh Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2021 | 100476934 | Idbi Trusteeship Services Limited | ₹80 Cr | Open | |
| 25 Oct 2016 | 100058572 | Idbi Trusteeship Services Limited | ₹60 Cr | Satisfied | |
| 19 Jun 2014 | 10507115 | Hdfc Bank Limited | ₹33.4 Cr | Satisfied | |
| 10 Oct 2012 | 10384395 | Hdfc Bank Limited | ₹60 Cr | Satisfied | |
| 13 Jun 2008 | 10112450 | Uco Bank | ₹60 Cr | Satisfied |
To see the full charge records of Adani Agri Fresh Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Adani Agri Fresh Limited has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹210.46 Cr; the latest was in November 2022.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Funding round | ₹56.96 Cr | Investors: Adani Enterprises Limited |
| Mar 2007 | Funding round | ₹13.5 Cr | Investors: Adani Enterprises Limited |
To see the full deal history of Adani Agri Fresh 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
Adani Agri Fresh Limited has 31 court cases on record: 20 filed by Adani Agri Fresh, 11 filed against it. 2 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 10 | 1 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Greeneries Agro Pvt. Ltd | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company by Greeneries Agro Pvt Ltd and 3 others | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Greeneries Agro Pvt. Ltd and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Greeneries Agro Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Eam Fruits LLP and 2 others | Disposed |
To see the full case history of Adani Agri Fresh 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
Adani Agri Fresh Limited was last rated by Care on 08 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Mar 2023 |
To see the full credit ratings and regulatory alerts of Adani Agri Fresh Limited, buy the company report.
MSME payment delays
Adani Agri Fresh Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 42 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shiva Agri Fresh | |||
| Multi Pac Inc | |||
| an individual supplier | |||
| Nibha Logistics Private Limited |
To see the full MSME payment records of Adani Agri Fresh Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Adani Agri Fresh has 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Adani Agri Fresh Limited has a workforce of 69 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Adani Agri Fresh has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA0413P1ZV | Gujarat | Active | 01 Jul 2017 |
| 02AAFCA0413P1Z1 | Himachal Pradesh | Active | 01 Jul 2017 |
| 06AAFCA0413P2ZS | Haryana | Active | 01 Jul 2017 |
| 27AAFCA0413P1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adani Agri Fresh Limited, buy the company report.
Recent activity
Adani Agri Fresh Limited has 29 board changes on record since 2004: 17 appointments and 12 cessations. The latest: Manish Kumar Agarwal was appointed as Managing Director on 22 Aug 2025.
43 earlier events are in the company report.
News
Frequently asked questions
Adani Agri Fresh is an active public limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 14 December 2004 (22+ years old) and is registered under CIN U63022GJ2004PLC045143.
Adani Agri Fresh has 5 current directors and KMP:
- Manish Kumar Agarwal - Managing Director
- Atul Chaturvedi - Director
- Pranav Vinod Adani - Director
- Dipti Shah - Director
- Niranjan Jain - Company Secretary
The latest financial statements of Adani Agri Fresh on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adani Agri Fresh is 24AAFCA0413P1ZV, registered in Gujarat. The company has 13 GST registrations in all, of which 12 are active and 1 is cancelled or inactive. Other active GSTINs include 02AAFCA0413P1Z1 (Himachal Pradesh), 06AAFCA0413P2ZS (Haryana), 27AAFCA0413P1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Adani Agri Fresh is U63022GJ2004PLC045143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adani Agri Fresh has 31 court cases on record: 20 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.
Adani Agri Fresh was incorporated on 14 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adani Agri Fresh has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹210.46 Cr; the latest was in November 2022.
Manish Kumar Agarwal was appointed as Managing Director on 22 Aug 2025. Satyandar Gour ceased to be Whole-Time Director on 22 Aug 2025. Saurabh Nikhil Shah ceased to be CFO on 30 Sep 2024. Adani Agri Fresh has 29 board changes on record in total.
Adani Agri Fresh has 5 MSME Form 1 returns on record between 2023 and 2024, listing 42 overdue payments to 18 micro and small suppliers. The latest return was filed on 19 Apr 2024.
Adani Agri Fresh can be reached through the website adani.com. Its registered office is in Ahmedabad, Gujarat, India.