
About Mufagro Private Limited
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Mufagro Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 04 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01100KA2017PTC102819. Its GSTIN is 32AALCM0471H1ZN (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sameer Naushad Ahmed and Zeenat Abdul Sattar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at #14 Ajr Pride 3rd Floor 27th Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.03 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Lakh (net margin 1.8%) and EBITDA of ₹6.82 Lakh (EBITDA margin 6.6%).
The company is associated with 1 brand: Mutual Farm. Court records list 6 cases involving the company, including 6 filed against it; 4 cases are pending.
Mufagro Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0026477). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mufagro.com.
Company details
Recognitions & Rankings of Mufagro
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0026477
Contact details
Mufagro Private Limited's registered office is in Bangalore, Karnataka. Its website is mufagro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address#14 Ajr Pride 3rd Floor 27th Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryAgriculture, Agri Support Services
To see the full contact details of Mufagro 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
Mufagro operates one associated brand: Mutual Farm. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as an online portal connecting investors with small farmers. | mutualfarm.in |
Business activity
The main business activity of Mufagro is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mufagro Private Limited, buy the company report.
Financials of Mufagro Private Limited
FY 2021 filings availableMufagro Private Limited reported revenue of ₹1.03 Cr (up 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA rose 4% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.03 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.82 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.85 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.6% | |||
| Net Profit Margin | 1.8% | |||
| 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 Mufagro Private Limited, buy the company report.
Board of directors of Mufagro Private Limited
Mufagro has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Naushad Ahmed Also directs: Hosur Modern Farms Private Limited | Director | 26 Aug 2017 | 9 Years 2 Months | Current |
| Zeenat Abdul Sattar Also directs: Hosur Modern Farms Private Limited | Director | 28 Jan 2022 | 4 Years 8 Months | Current |
Shareholding
The shareholding of Mufagro Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mufagro Private Limited, buy the company report.
Legal cases
Mufagro Private Limited has 6 court cases on record: 6 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by M/S Cholamandalam Investment and Finance Company Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Aditya Birla Finance Ltd. | Pending |
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed against the company by HDFC Bank Ltd Represented by Its Authorised Officer Ginilesh C.H | Disposed |
To see the full case history of Mufagro 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mufagro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mufagro has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCM0471H1ZN | Kerala | Active | 15 Nov 2018 |
To see the full GST registrations and return filing status of Mufagro Private Limited, buy the company report.
Recent activity
Mufagro Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Alan Udup Anal Arnold ceased to be Director on 16 Jan 2023.
Frequently asked questions
Mufagro is an active private limited company based in Bangalore, Karnataka, India. The company works in agri support services, within the agriculture industry. It was incorporated on 04 May 2017 (9+ years old) and is registered under CIN U01100KA2017PTC102819.
Mufagro has 2 current directors:
- Sameer Naushad Ahmed - Director
- Zeenat Abdul Sattar - Director
The latest financial statements of Mufagro on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Mufagro is 32AALCM0471H1ZN, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mufagro is U01100KA2017PTC102819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mufagro has 6 court cases on record: 6 filed against it. 4 are pending.
Mufagro was incorporated on 04 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Alan Udup Anal Arnold ceased to be Director on 16 Jan 2023. Zeenat Abdul Sattar was appointed as Director on 28 Jan 2022. Mahesh Kallivalappil Mohanan ceased to be Director on 31 May 2021. Mufagro has 5 board changes on record in total.
Yes, Mufagro is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mufagro is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0026477).