- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0054016

About Madhya Bharat Phosphate Private Limited
Data last updated:
Madhya Bharat Phosphate Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shree Pushkar Chemicals & Fertilisers Limited. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 06 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21015MH1998PTC346839. Its GSTIN is 27AADCM7946D1ZC (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.07 Cr and a paid-up capital of ₹3.44 Cr. It was formerly known as Budhani Papers Private Limited and Omni Seeds and Farms (India) Private Limited. It is led by directors including Punit Gopikishan Makharia and Virendrakumar Harishankar Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 301/302 3rd Floor Atlanta Center Sonawala Road Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹184.01 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹18.17 Cr (net margin 9.9%) and EBITDA of ₹20.46 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 400% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Madhya Bharat Phosphate and Shree Pushkar Chemicals & Fertilisers. As per MCA filings, the company has open charges of ₹61.75 Cr and satisfied charges of ₹132.77 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 7 cases are pending. The company has 12 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹22.9 Cr; the latest was in March 2021. Its 6 peer companies in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 3 smaller; the largest is Mahindra Summit Agriscience Limited with revenue of ₹191.92 Cr. The company has 4 MSME Form 1 returns on record between 2021 and 2022, listing 20 overdue payments to 4 micro and small suppliers.
Madhya Bharat Phosphate Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0054016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreepushkar.com.
Company details
Name history
Madhya Bharat Phosphate has undergone 2 name changes throughout its history. The company was previously known as Budhani Papers Private Limited, and Omni Seeds And Farms (India) Private Limited. The current legal name is Madhya Bharat Phosphate Private Limited.
| Company Name | Status |
|---|---|
| Madhya Bharat Phosphate Private Limited | Current |
| Budhani Papers Private Limited | Previous |
| Omni Seeds And Farms (India) Private Limited | Previous |
CIN history
Madhya Bharat Phosphate has one previous CIN (Corporate Identification Number): U21015MP1998PTC012560. The current CIN is U21015MH1998PTC346839, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21015MH1998PTC346839 | Current |
| U21015MP1998PTC012560 | Previous |
Recognitions & Rankings of Madhya Bharat Phosphate
Contact details
Madhya Bharat Phosphate Private Limited's registered office is in Mumbai, Maharashtra. Its website is shreepushkar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address301/302 3rd Floor Atlanta Center Sonawala Road Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of Madhya Bharat Phosphate 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
Brands
Madhya Bharat Phosphate operates two associated brands: Madhya Bharat Phosphate and Shree Pushkar Chemicals & Fertilisers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fertilizers, pesticides, and agricultural fibers are manufactured by the company. | agromax.co.in | |
| Dyes, dyes intermediates, and fertilizers are manufactured in India. | shreepushkar.com |
Business activity
The main business activity of Madhya Bharat Phosphate 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 Madhya Bharat Phosphate Private Limited, buy the company report.
Financials of Madhya Bharat Phosphate Private Limited
FY 2025 filings availableMadhya Bharat Phosphate Private Limited reported revenue of ₹184.01 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 400% over five years, including 28% growth in the latest year. EBITDA rose 123% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20.46 Cr | ||||
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| Net Profit (PAT) | ₹18.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Madhya Bharat Phosphate Private Limited, buy the company report.
Board of directors of Madhya Bharat Phosphate Private Limited
Madhya Bharat Phosphate has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Gopikishan Makharia Also directs: Krishvanta Ventures LLP, Shree Pushkar Chemicals & Fertilisers Limited, Krishvanta Fertchem Private Limited and 1 more | Director | 05 Mar 2020 | 6 Years 8 Months | Current |
| Virendrakumar Harishankar Singh | Director | 10 Mar 2021 | 5 Years 8 Months | Current |
| Barkharani Harsh Nevatia Also directs: Shree Pushkar Chemicals & Fertilisers Limited, Arrow Greentech Limited, Euro Panel Products Limited and 1 more | Director | 05 Jun 2025 | 1 Years 5 Months | Current |
Peer comparison
Madhya Bharat Phosphate Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahindra Summit Agriscience Limited | ₹191.92 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India | |||
| Sai Fertilizers Private Limited | ₹188.77 Cr (FY 2025) | -20.0% | Kolkata, West Bengal, India | |||
| Teesta Agro Industries Ltd | ₹188.38 Cr (FY 2025) | 14.0% | Jalpaiguri, West Bengal, India | |||
| Madhya Bharat Phosphate Private Limitedthis company | ₹184.01 Cr (FY 2025) | ₹18.17 Cr | 9.9% | 28.0% | 51 | Mumbai, Maharashtra, India |
| Penshibao Wang Private Limited | ₹182.22 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Patel Phoschem Limited | ₹174.32 Cr (FY 2023) | 19.0% | Udaipur, Rajasthan, India | |||
| Aegis Agro Chemicals (India) Private Limited | ₹174 Cr (FY 2025) | 38.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Madhya Bharat Phosphate Private Limited, buy the company report.
Auditor
Madhya Bharat Phosphate Private Limited is audited by S. K. Patodia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Patodia & Associates | FY 2023 | 112723W |
Shareholding
The shareholding of Madhya Bharat Phosphate 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 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madhya Bharat Phosphate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100707522 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 18 Sep 2020 | 100374355 | Axis Bank Limited | ₹19.5 Cr | Open | |
| 18 Sep 2020 | 100378373 | Others | ₹22.25 Cr | Open | |
| 16 Sep 2021 | 100488172 | Yes Bank Limited | ₹20 Cr | Satisfied | |
| 12 Mar 2018 | 100167765 | Others | ₹3.1 Cr | Satisfied |
To see the full charge records of Madhya Bharat Phosphate Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Madhya Bharat Phosphate Private Limited has 12 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹22.9 Cr; the latest was in March 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Shree Pushkar Chemicals & Fertilizers Limited, Shree Pushkar Chemicals & Fertilizers Limited & Puneet Makharia Seller: Vision Reality Private Limited, Khyati Welfare Trust, 2 individuals |
| Oct 2020 | Rights issue | ₹16.39 Cr | Investors: Shree Pushkar Chemicals & Fertilizers Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2013 | Funding round | ₹15 Cr | Investors: Small Enterprise Assistance Funds |
To see the full deal history of Madhya Bharat Phosphate 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
Madhya Bharat Phosphate Private Limited has 18 court cases on record: 8 filed by Madhya Bharat Phosphate, 10 filed against it. 7 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 6 |
| High courts | 3 | 0 | 0 |
| NCLT | 3 | 0 | 0 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed against the company by R.M. Phosphates and Chemicals Pvt. Ltd. Through Rajesh Wani | Pending |
| District court, Wardha, Maharashtra | Court case (R.C.C.) | Filed against the company by State (Inspector and Fertilizer Inspector Zilha Parishad, Wardha. | Pending |
| District court, Gondia, Maharashtra | Court case (R.C.C.) | Filed against the company by an individual | Pending |
| District court, Wardha, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Mah. Through R.D. Dube, E.O. (Agril)And Qci Anf F.I. Panchayat Samiti, Arvi | Pending |
| District court, Amravati, Maharashtra | Court case (R.C.C.) | Filed against the company by Mah. State Through Block Development Officer, Panchyat Samiti Nandgaon KH. | Pending |
To see the full case history of Madhya Bharat Phosphate 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
Madhya Bharat Phosphate Private Limited was last rated by Icra on 22 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Mar 2021 |
To see the full credit ratings and regulatory alerts of Madhya Bharat Phosphate Private Limited, buy the company report.
MSME payment delays
Madhya Bharat Phosphate Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 20 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jyoti Industrial Corporation | |||
| Midex Vashi Marketing Private Limited | |||
| Midas Marketing | |||
| Premier (India) Bearings Limited |
To see the full MSME payment records of Madhya Bharat Phosphate Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Madhya Bharat Phosphate Private Limited has a workforce of 51 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 51 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Madhya Bharat Phosphate Private Limited, buy the company report.
GST
Madhya Bharat Phosphate has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM7946D1ZC | Maharashtra | Active | 05 Apr 2021 |
| 23AADCM7946D1ZK | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhya Bharat Phosphate Private Limited, buy the company report.
Recent activity
Madhya Bharat Phosphate Private Limited has 19 board changes on record since 2004: 11 appointments and 8 cessations. The latest: Barkharani Harsh Nevatia was appointed as Director on 05 Jun 2025.
40 earlier events are in the company report.
News
Frequently asked questions
Madhya Bharat Phosphate is an active private limited company based in Mumbai, Maharashtra, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 06 January 1998 (28+ years old) and is registered under CIN U21015MH1998PTC346839.
Madhya Bharat Phosphate has 3 current directors:
- Punit Gopikishan Makharia - Director
- Virendrakumar Harishankar Singh - Director
- Barkharani Harsh Nevatia - Director
The latest financial statements of Madhya Bharat Phosphate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhya Bharat Phosphate is 27AADCM7946D1ZC, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AADCM7946D1ZK (Madhya Pradesh).
The CIN (Corporate Identification Number) of Madhya Bharat Phosphate is U21015MH1998PTC346839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhya Bharat Phosphate has 18 court cases on record: 8 filed by the company and 10 filed against it. 7 are pending. Most are in the district courts.
Madhya Bharat Phosphate was incorporated on 06 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Madhya Bharat Phosphate has 12 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹22.9 Cr; the latest was in March 2021.
The peers of Madhya Bharat Phosphate by revenue are Mahindra Summit Agriscience Limited, Sai Fertilizers Private Limited, Teesta Agro Industries Ltd, Penshibao Wang Private Limited, Patel Phoschem Limited and 1 more, all in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Barkharani Harsh Nevatia was appointed as Director on 05 Jun 2025. Virendrakumar Harishankar Singh was appointed as Director on 10 Mar 2021. Soumendra Nath Sengupta ceased to be Director on 20 Feb 2021. Madhya Bharat Phosphate has 19 board changes on record in total.
Yes, Madhya Bharat Phosphate is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0054016).
Madhya Bharat Phosphate has 4 MSME Form 1 returns on record between 2021 and 2022, listing 20 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Feb 2024.

