About Excel Crop Care Ltd
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Excel Crop Care Ltd was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Sumitomo Chemical Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 21 March 1964.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH1964PLC012878. Its GSTIN is 01AAACW3810D1Z4 (Jammu and Kashmir). The company held 10 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 27 May 2020 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.5 Cr. It was formerly known as West Coast Oxygen Private Limited. It was led by directors including Ninad Dwarkanath Gupte (Managing Director) and Chetan Shantilal Shah (Managing Director).
Its last annual general meeting (AGM) was held on 02 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 184 – 87 S. V. Road Jogeshwari (West), Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2018, the company reported a revenue of ₹1,192.49 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹81.15 Cr (net margin 6.8%) and EBITDA of ₹137.44 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company had about 239 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Excel Crop Care. As per MCA filings, the company had satisfied charges of ₹382.08 Cr on record. Court records list 201 cases involving the company, including 123 filed by the company and 80 filed against it; 20 cases are pending. The company has 8 deals on record (6 market trades, 2 secondary share transfers); the latest was in October 2016.
The last known website on record is excelcropcare.com.
Company details
Contact details
Excel Crop Care Ltd's registered office is in Mumbai, Maharashtra. Its website is excelcropcare.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address184 – 87 S. V. Road Jogeshwari (West), Mumbai, Maharashtra, India – 400102
- IndustryAgriculture, Fertilizers & Soil Enhancers, Crop Protection
To see the full contact details of Excel Crop Care Ltd, 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
Excel Crop Care operates one associated brand: Excel Crop Care. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures agrochemicals for crop protection. | excelcropcare.com |
Business activity
The main business activity of Excel Crop Care 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 Excel Crop Care Ltd, buy the company report.
Financials of Excel Crop Care Ltd
FY 2018 filings availableExcel Crop Care Ltd reported revenue of ₹1,192.49 Cr (up 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 13% growth in the latest year. EBITDA rose 41% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹137.44 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹81.15 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.5% | |||
| Net Profit Margin | 6.8% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Excel Crop Care Ltd, buy the company report.
Board of directors and KMP of Excel Crop Care Ltd
Excel Crop Care Ltd currently reports 8 directors and 2 key managerial personnel. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendranath Bhargava | Director | 29 Oct 2003 | 23 Years 0 Months | As last reported |
| Mukul Govindji Asher Also directs: Sumitomo Chemical India Limited | Director | 03 Sep 2003 | 23 Years 1 Months | As last reported |
| Ninad Dwarkanath Gupte | Managing Director | 26 Oct 2016 | 10 Years 0 Months | As last reported |
| Kiyoshi Takayama | Whole-Time Director | 01 Apr 2018 | 8 Years 7 Months | As last reported |
| Pravinkumar Durlabhdas Desai | Company Secretary | 29 May 2013 | 13 Years 5 Months | As last reported |
| Tadashi Katayama Also directs: Sumitomo Chemical India Limited | Director | 07 Oct 2016 | 10 Years 0 Months | As last reported |
Auditor
Excel Crop Care Ltd is audited by B S R and Associates LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Associates LLP | FY 2018 | 116231W/W100024 |
Shareholding
The shareholding of Excel Crop Care Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Excel Crop Care Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2012 | 10371287 | Dbs Bank Ltd. | ₹28 Cr | Satisfied | |
| 30 May 2011 | 10288934 | Citi Bank N.A. | ₹20 Cr | Satisfied | |
| 31 Dec 2008 | 10136779 | Bank of India | ₹30 Cr | Satisfied | |
| 29 May 2004 | 80028291 | Export Import Bank of India | ₹5.81 Cr | Satisfied | |
| 16 Oct 2003 | 80033345 | Central Bank of India | ₹7.24 Cr | Satisfied |
To see the full charge records of Excel Crop Care Ltd, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Excel Crop Care Ltd has 8 deals on record (6 market trades, 2 secondary share transfers); the latest was in October 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Market trade | ₹8.6 Cr | Buyer: Gee Bee Securities Private Limited Seller: Siddharth Fininvest Leasing Private Limited |
| Mar 2014 | Market trade | ₹21.58 Cr | Buyer: Ratnabali Investment Private Limited Seller: Ratnabali Capital Markets Limited |
| Nov 2012 | Market trade | ₹1.3 Cr | Buyer: Crosseas Capital Markets Private Limited Seller: Crosseas Capital Markets Private Limited |
| Nov 2012 | Market trade | ₹2.83 Cr | Buyer: Kamaljyot Investments Limited Seller: an individual |
| Oct 2012 | Market trade | ₹2.88 Cr | Buyer: Crosseas Capital Markets Private Limited , Ratnabali Capital Markets Limited Seller: Crosseas Capital Markets Private Limited |
To see the full deal history of Excel Crop Care Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Excel Crop Care Ltd has 201 court cases on record: 123 filed by Excel Crop Care, 80 filed against it. 20 cases are pending and 181 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 112 | 55 | 11 |
| High courts | 82 | 19 | 5 |
| Supreme Court | 5 | 4 | 2 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 201)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Meerut, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against Maci Organics Ltd | Disposed |
| District court, BELAGAVI, Karnataka | Court case (CRL.R.P.) | Filed by the company against M/S Proline Seeds Company (India) Pvt. Ltd.Rana Pratap Bagh New Delhi and 19 others | Disposed |
| District court, BELAGAVI, Karnataka | Court case (CRL.R.P.) | Filed by the company against M/S Proline Seeds Company (India) Pvt. Ltd.Rana Pratap Bagh New Delhi and 13 others | Disposed |
| District court, Meerut, Uttar Pradesh | Execution petition | Filed by the company against Maci Organics Ltd | Disposed |
| Supreme Court | Appeal | Filed against the company by individuals | Pending |
To see the full case history of Excel Crop Care Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excel Crop Care Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Excel Crop Care Ltd has a workforce of 239 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Excel Crop Care has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAACW3810D1Z4 | Jammu and Kashmir | Active | 08 Aug 2017 |
To see the full GST registrations and return filing status of Excel Crop Care Ltd, buy the company report.
Recent activity
Excel Crop Care Ltd has 46 board changes on record since 2001: 28 appointments and 18 cessations. The latest: Kiyoshi Takayama was appointed as Whole-Time Director on 01 Apr 2018.
57 earlier events are in the company report.
News
Frequently asked questions
Excel Crop Care has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Excel Crop Care was a public limited company based in Mumbai, Maharashtra, India. The company worked in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 21 March 1964 and is registered under CIN L74999MH1964PLC012878. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Excel Crop Care was incorporated on 21 March 1964. It is registered with the Registrar of Companies, Mumbai.
Excel Crop Care had 10 directors and KMP:
- Ninad Dwarkanath Gupte - Managing Director
- Chetan Shantilal Shah - Managing Director
- Kiyoshi Takayama - Whole-Time Director
- Bhupendranath Bhargava - Director
- Mukul Govindji Asher - Director
- Tadashi Katayama - Director
- Dipesh Kantisen Shroff - Director
- Preeti Mehta - Director
- Pravinkumar Durlabhdas Desai - Company Secretary
- Anil Kumar Shantilal Nawal - Cfo
The CIN (Corporate Identification Number) of Excel Crop Care is L74999MH1964PLC012878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Crop Care is recorded as a listed company by MCA, but its shares were delisted from BSE on 27 May 2020 · merger, and no longer trade on a stock exchange.
The registered office of Excel Crop Care is at 184 – 87 S. V. Road Jogeshwari West, Mumbai, Maharashtra, India – 400102.
Excel Crop Care can be reached through the website excelcropcare.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Excel Crop Care on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 02 August 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Excel Crop Care is 01AAACW3810D1Z4, registered in Jammu and Kashmir. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
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