Farmfolks Agro Private Limited

Farmfolks Agro Private Limited - agriculture in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U01407KA2015PTC082946 Incorporated 22 September 2015 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company agriculture MSME · Small
Data last updated
Revenue · FY 2022
₹1.25 Cr
▼ 37% YoY
Net loss · FY 2022
₹1.2 Cr
Net margin -96.5%
EBITDA · FY 2022
-₹2.82 Lakh
EBITDA margin -2.3%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹24.82 Lakh
Issued & subscribed
Open charges
₹19.55 Cr
Satisfied ₹1 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
2
Provident fund records

About Farmfolks Agro Private Limited

Data last updated:

Farmfolks Agro Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the crop production and distribution segment of the agriculture sector. It was incorporated on 22 September 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01407KA2015PTC082946. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹24.82 Lakh. It is led by directors Lakshmipriyan Vattapparambil Gangadharan and Manivel Murugan.

Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 55 Gayathrishankar Road Industrial Suberb, Mysore, Karnataka, India – 570008.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.25 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -96.5%) and EBITDA of -₹2.82 Lakh (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 35% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Farm Folks Agro. As per MCA filings, the company has open charges of ₹19.55 Cr and satisfied charges of ₹1 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.6 Cr; the latest was in May 2018.

Farmfolks Agro Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0027577). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farmfolks.in.

Company details

CIN U01407KA2015PTC082946
Registration Number 082946
Incorporation Date 22 September 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0027577
Key People
Lakshmipriyan Vattapparambil Gangadharan Director Manivel Murugan Additional Director

Recognitions & Rankings of Farmfolks Agro

MSME (Udyam registered) Ministry of MSME
Category
Small (2021-22)
Udyam number
UDYAM-KR-02-0027577

Contact details

Farmfolks Agro Private Limited's registered office is in Mysore, Karnataka. Its website is farmfolks.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    farmfolks.in
  • Registered Address
    No 55 Gayathrishankar Road Industrial Suberb, Mysore, Karnataka, India – 570008
  • Industry
    Agriculture, Crop Production & Distribution

To see the full contact details of Farmfolks Agro Private Limited, buy the company report.

Comprehensive company report
Farmfolks Agro Private 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

Farmfolks Agro operates one associated brand: Farm Folks Agro. Each brand links to its own profile.

BrandDescriptionWebsite
Farm Folks Agro
Fruits are produced and supplied by Farm Folks Agro.farmfolksagro.com

Business activity

The main business activity of Farmfolks Agro 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 Farmfolks Agro Private Limited, buy the company report.

Financials of Farmfolks Agro Private Limited

FY 2022 filings available

Farmfolks Agro Private Limited reported revenue of ₹1.25 Cr (down 37% YoY) for FY 2022.

Revenue · FY 2022
₹1.25 Cr ▼ 37%
Net loss · FY 2022
₹1.2 Cr margin -96.5%
EBITDA · FY 2022
-₹2.82 Lakh margin -2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 66%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 82%
5 years · compounded
▲ 37%

Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 37% fall in the latest year. EBITDA rose 92% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.25 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹2.82 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.2 Cr
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-2.3%
Net Profit Margin-96.5%
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 Farmfolks Agro Private Limited, buy the company report.

Board of directors of Farmfolks Agro Private Limited

Farmfolks Agro has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lakshmipriyan Vattapparambil Gangadharan
Also directs: Farmfolks Services LLP, Farmethos Ventures Private Limited, Fpo Market Linkages Foundation
Director22 Sep 201511 Years 1 MonthsCurrent
Manivel MuruganAdditional Director20 Jan 20215 Years 9 MonthsCurrent
View all directors

Auditor

Farmfolks Agro Private Limited is audited by RRT AND CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
RRT AND COFY 2022016106S

Shareholding

The shareholding of Farmfolks Agro Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Farmfolks Agro Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.55 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Others₹19.55 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Apr 2022100572736Others₹2.2 CrOpen
21 Dec 2021100516935Others₹2.1 CrOpen
30 Mar 2021100460418Others₹5 CrOpen
30 Mar 2021100466742Others₹5 CrOpen
24 Mar 2018100163332Others₹5.25 CrOpen

To see the full charge records of Farmfolks Agro Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Farmfolks Agro Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.6 Cr; the latest was in May 2018.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹4.6 Cr

Deals on record (2 of 2)

WhenDealAmountParties
May 2018Funding round₹4.6 CrInvestors: Menterra Ventures, Lesing Artha Ventures
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Farmfolks Agro Private Limited has a workforce of 2 employees on its EPFO records as of Jan 2021, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2020-212
FY 2019-20
FY 2018-19

To see the full employee and EPFO history of Farmfolks Agro Private Limited, buy the company report.

GST

Farmfolks Agro has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Farmfolks Agro Private Limited, buy the company report.

Recent activity

Farmfolks Agro Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Manivel Murugan was appointed as Additional Director on 20 Jan 2021.

AGM
Farmfolks Agro Private Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 220.00 Lakh with Charge ID 100572736 was registered on 29 Apr 2022.
Filing
Farmfolks Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 210.00 Lakh with Charge ID 100516935 was registered on 21 Dec 2021.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100460418 was registered on 30 Mar 2021.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100466742 was registered on 30 Mar 2021.
Appointed
Manivel Murugan was appointed as Additional Director.
Ceased
Naganna Prasad Mahadeva ceased to be Director.
Charges
A charge registered on 24 Mar 2018 via Charge ID 100163330 with Others was fully satisfied on 24 Feb 2020.
Charges
A charge with Others of Rs. 525.00 Lakh registered on 24 Mar 2018 with Charge ID 100163332 was modified on 05 Oct 2019.
Ceased
Paul Basil ceased to be Nominee Director.
Ceased
Rahul Deans ceased to be Additional Director.

5 earlier events are in the company report.

News

Frequently asked questions

Farmfolks Agro is an active private limited company based in Mysore, Karnataka, India. The company works in crop production and distribution, within the agriculture industry. It was incorporated on 22 September 2015 (11+ years old) and is registered under CIN U01407KA2015PTC082946.

Farmfolks Agro has 2 current directors:

The latest financial statements of Farmfolks Agro on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from FY 2016 are in the company report.

No. Farmfolks Agro has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Farmfolks Agro is U01407KA2015PTC082946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Farmfolks Agro has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending.

Farmfolks Agro was incorporated on 22 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

Farmfolks Agro has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.6 Cr; the latest was in May 2018.

Manivel Murugan was appointed as Additional Director on 20 Jan 2021. Naganna Prasad Mahadeva ceased to be Director on 20 Jan 2021. Paul Basil ceased to be Nominee Director on 24 Aug 2019. Farmfolks Agro has 5 board changes on record in total.

Yes, Farmfolks Agro is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0027577).