J R Agrotech Private Limited
About J R Agrotech Private Limited
Data last updated:
J R Agrotech Private Limited is a private limited company based in Punjab, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 06 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15312PB1998PTC021364. Its GSTIN is 03AAACJ5547Q1Z8 (Punjab). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹21.11 Cr. It is led by directors including Raman Kumar Aggarwal (Manager) and Gaurav Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Village Awankha Dinanagar Distt Gurdaspur, Punjab, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.31 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹9.45 Lakh (net margin -48.9%) and EBITDA of -₹27.72 Lakh (EBITDA margin -143.6%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 78% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹301.59 Cr and satisfied charges of ₹33.2 Cr on record. Court records list 60 cases involving the company, including 12 filed by the company and 49 filed against it; 10 cases are pending. The company has 15 deals on record (9 secondary share transfers, 6 funding rounds), with disclosed funding of ₹20.32 Cr; the latest was in March 2018. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
J R Agrotech Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVillage Awankha Dinanagar Distt Gurdaspur, Punjab, India
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of J R Agrotech Private 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
Financials of J R Agrotech Private Limited
FY 2023 filings availableJ R Agrotech Private Limited reported revenue of ₹19.31 Lakh (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 78%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.31 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹27.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.45 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -143.6% | ||||
| Net Profit Margin | -48.9% | ||||
| 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 J R Agrotech Private Limited, buy the company report.
Board of directors of J R Agrotech Private Limited
J R Agrotech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Kumar Aggarwal | Manager | 10 Jul 2018 | 8 Years 3 Months | Current |
| Gaurav Aggarwal | Director | 15 Apr 2003 | 23 Years 6 Months | Current |
| Sudha Aggarwal | Director | 29 Oct 2011 | 14 Years 11 Months | Current |
Auditor
J R Agrotech Private Limited is audited by DISHA AGGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DISHA AGGARWAL & ASSOCIATES | FY 2023 | 032960N |
Shareholding
The shareholding of J R Agrotech Private 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 J R Agrotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2016 | 100067698 | Canara Bank | ₹4 Cr | Open | |
| 27 Jun 2016 | 100089559 | Canara Bank | ₹16 Lakh | Open | |
| 20 Oct 2015 | 10607637 | Union Bank of India | ₹3 Cr | Open | |
| 08 May 2015 | 10571570 | State Bank of Patiala | ₹20 Cr | Open | |
| 22 Dec 2014 | 10543200 | State Bank of India | ₹2 Cr | Open |
To see the full charge records of J R Agrotech Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
J R Agrotech Private Limited has 15 deals on record (9 secondary share transfers, 6 funding rounds), with disclosed funding of ₹20.32 Cr; the latest was in March 2018.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Gaurav Aggarwal HUF, Raman Aggarwal HUF, 2 individuals Seller: J.R.D. International Limited |
| Sep 2012 | Funding round | ₹7 Cr | Investors: J.R.D. International Limited , 3 individuals |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: S S A International Ltd |
| Mar 2010 | Funding round | ₹3 Cr | Investors: J.R.D. International Limited , 3 individuals |
To see the full deal history of J R Agrotech Private 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
J R Agrotech Private Limited has 60 court cases on record: 12 filed by J R Agrotech, 49 filed against it. 10 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 43 | 5 |
| High courts | 16 | 5 | 5 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Appeal | Filed against the company by M/S Jr Agrotech Pvt Ltd and 1 other | Pending |
| High Court, CHANDIGARH (UT) | Appeal | Filed against the company by The Punjab State Civil Supplies Corporation Ltd | Pending |
| High Court of Punjab and Haryana | Appeal | Filed by the company against M/S J R Agrotech Pvt. Ltd. and Others and 6 others | Pending |
| District court, Jalandhar, Punjab | Execution petition | Filed against the company by Friends Box Factory Pvt Ltd | Disposed |
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by Friends Box Factory Pvt Ltd | Disposed |
To see the full case history of J R Agrotech Private 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
J R Agrotech Private Limited was last rated by Indiarating on 21 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 21 Oct 2020 |
To see the full credit ratings and regulatory alerts of J R Agrotech Private Limited, buy the company report.
MSME payment delays
J R Agrotech Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Munshi Ram Ashok Kumar, Amritsar | |||
| Max Packers, Jalandhar | |||
| Friends Box Factory Private Limited | |||
| Rama Krishna Overseas Private Limited | |||
| Arihant Techno Pack Private Limited |
To see the full MSME payment records of J R Agrotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
J R Agrotech Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
J R Agrotech has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACJ5547Q1Z8 | Punjab | Active | 01 Jul 2017 |
| 06AAACJ5547Q1Z2 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of J R Agrotech Private Limited, buy the company report.
Recent activity
J R Agrotech Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Raman Kumar Aggarwal was appointed as Manager on 10 Jul 2018.
20 earlier events are in the company report.
Frequently asked questions
J R Agrotech is an active private limited company based in Punjab, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 06 May 1998 (28+ years old) and is registered under CIN U15312PB1998PTC021364.
J R Agrotech has 3 current directors:
- Gaurav Aggarwal - Director
- Sudha Aggarwal - Director
- Raman Kumar Aggarwal - Manager
The latest financial statements of J R Agrotech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of J R Agrotech is 03AAACJ5547Q1Z8, registered in Punjab. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACJ5547Q1Z2 (Haryana).
The CIN (Corporate Identification Number) of J R Agrotech is U15312PB1998PTC021364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J R Agrotech has 60 court cases on record: 12 filed by the company and 49 filed against it. 10 are pending. Most are in the district courts.
J R Agrotech was incorporated on 06 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
J R Agrotech has 15 deals on record (9 secondary share transfers, 6 funding rounds), with disclosed funding of ₹20.32 Cr; the latest was in March 2018.
Raman Kumar Aggarwal was appointed as Manager on 10 Jul 2018. Raman Kumar Aggarwal ceased to be Director on 13 Jun 2018. Krishan Kumar Aggarwal ceased to be Director on 10 May 2012. J R Agrotech has 5 board changes on record in total.
J R Agrotech has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 09 Jun 2019.
The registered office of J R Agrotech is at Village Awankha Dinanagar Distt Gurdaspur, Punjab, India.