About Multiplex Agricare Private Limited
Data last updated:
Multiplex Agricare Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 01 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01409KA1994PTC015296. Its GSTIN is 29AABCM2333E1ZT (Karnataka). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.05 Lakh. It is led by directors including Mahesh Gopalakrishna Shetty (Managing Director) and Gopalakrishna Pommayya Shetty (Whole-Time Director).
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 180 I Main Road Mahalaxmilay Out Bangalore Karnataka, Karnataka, India – 560086.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.61 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.43 Cr (net margin 5.3%) and EBITDA of ₹6.89 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Karnataka Agro Chemicals. As per MCA filings, the company has open charges of ₹10.26 Cr and satisfied charges of ₹98.87 Cr on record. Court records list 49 cases involving the company, including 30 filed by the company and 19 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multiplexgroup.com.
Company details
Contact details
Multiplex Agricare Private Limited's registered office is in Bangalore, Karnataka. Its website is multiplexgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address180 I Main Road Mahalaxmilay Out Bangalore Karnataka, Karnataka, India – 560086
- IndustryAgriculture, Crop Protection
To see the full contact details of Multiplex Agricare 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
Multiplex Agricare operates one associated brand: Karnataka Agro Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Organic fertilizers, bio-products, and crop sprayers are manufactured in India. | multiplexgroup.com |
Business activity
The main business activity of Multiplex Agricare is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Multiplex Agricare Private Limited, buy the company report.
Financials of Multiplex Agricare Private Limited
FY 2025 filings availableMultiplex Agricare Private Limited reported revenue of ₹64.61 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 11% growth in the latest year. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.43 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 5.3% | ||||
| 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 Multiplex Agricare Private Limited, buy the company report.
Board of directors of Multiplex Agricare Private Limited
Multiplex Agricare has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalakrishna Pommayya Shetty Also directs: Multiplex Urban Green (India) Private Limited, Mystique Apparels Private Limited, Multiplex Fertilizers Private Limited and 2 more | Whole-Time Director | 01 Mar 1994 | 32 Years 7 Months | Current |
| Mahesh Gopalakrishna Shetty Also directs: Skydealz India Property Services LLP, Urbi Farm LLP, M S Pride Properties LLP and 5 more | Managing Director | 01 Mar 1994 | 32 Years 7 Months | Current |
| Nishchitha Katkeri Shetty | Whole-Time Director | 16 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Multiplex Agricare Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asian Fertilizers Limited | ₹66.01 Cr (FY 2025) | 24.0% | Kanpur, Uttar Pradesh, India | |||
| Multiplex Agricare Private Limitedthis company | ₹64.61 Cr (FY 2025) | ₹3.43 Cr | 5.3% | 11.0% | 44 | Bangalore, Karnataka, India |
| Voyage Agri Solutions Private Limited | ₹63.83 Cr (FY 2025) | -21.0% | Indore, Madhya Pradesh, India | |||
| Shri Ram Solvent Extractions Private Limited | ₹63.24 Cr (FY 2025) | 8.0% | Jaspur, Uttarakhand, India | |||
| Sikko Industries Limited | ₹62.5 Cr (FY 2025) | -3.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Multiplex Agricare Private Limited, buy the company report.
Auditor
Multiplex Agricare Private Limited is audited by PREETHAM SHETTY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREETHAM SHETTY & CO | FY 2023 | 016759S |
Shareholding
The shareholding of Multiplex Agricare Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multiplex Agricare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2024 | 100870457 | Hdfc Bank Limited | ₹7.5 Cr | Open | |
| 28 Mar 2023 | 100753146 | Hdfc Bank Limited | ₹2.76 Cr | Open | |
| 25 Apr 2019 | 100262798 | Karnataka Bank Ltd. | ₹1.48 Cr | Satisfied | |
| 28 Sep 2018 | 100212275 | Karnataka Bank Ltd. | ₹15 Cr | Satisfied | |
| 28 Sep 2018 | 100245856 | Karnataka Bank Ltd. | ₹7.5 Cr | Satisfied |
To see the full charge records of Multiplex Agricare Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Multiplex Agricare Private Limited has 49 court cases on record: 30 filed by Multiplex Agricare, 19 filed against it. 12 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 18 | 12 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Kohinoor Printers Bangalore Private Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Manya Agro Agencies | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Balram Agro | Pending |
To see the full case history of Multiplex Agricare 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 Multiplex Agricare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Multiplex Agricare Private Limited has a workforce of 44 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Multiplex Agricare has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM2333E1ZT | Karnataka | Active | 01 Jul 2017 |
| 03AABCM2333E1Z7 | Punjab | Active | 01 Jul 2017 |
| 06AABCM2333E1Z1 | Haryana | Active | 01 Jul 2017 |
| 08AABCM2333E1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multiplex Agricare Private Limited, buy the company report.
Recent activity
Multiplex Agricare Private Limited has 9 board changes on record since 1994: 3 appointments and 6 cessations. The latest: Anusuya Shetty Gopalakrishna ceased to be Director on 09 May 2019.
50 earlier events are in the company report.
Frequently asked questions
Multiplex Agricare is an active private limited company based in Bangalore, Karnataka, India. The company works in crop protection, within the agriculture industry. It was incorporated on 01 March 1994 (32+ years old) and is registered under CIN U01409KA1994PTC015296.
Multiplex Agricare has 3 current directors:
- Mahesh Gopalakrishna Shetty - Managing Director
- Gopalakrishna Pommayya Shetty - Whole-Time Director
- Nishchitha Katkeri Shetty - Whole-Time Director
The latest financial statements of Multiplex Agricare 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 Multiplex Agricare is 29AABCM2333E1ZT, registered in Karnataka. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 03AABCM2333E1Z7 (Punjab), 06AABCM2333E1Z1 (Haryana), 08AABCM2333E1ZX (Rajasthan).
The CIN (Corporate Identification Number) of Multiplex Agricare is U01409KA1994PTC015296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiplex Agricare has 49 court cases on record: 30 filed by the company and 19 filed against it. 12 are pending. Most are in the district courts.
Multiplex Agricare was incorporated on 01 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Multiplex Agricare by revenue are Asian Fertilizers Limited, Voyage Agri Solutions Private Limited, Shri Ram Solvent Extractions Private Limited, Sikko Industries Limited, all in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (support activities to agriculture and other activities including hunting).
Anusuya Shetty Gopalakrishna ceased to be Director on 09 May 2019. Gopalakrishna Pommayya Shetty ceased to be Director on 16 Dec 2013. Mahesh Gopalakrishna Shetty ceased to be Whole-Time Director on 16 Dec 2013. Multiplex Agricare has 9 board changes on record in total.
Multiplex Agricare can be reached through the website multiplexgroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Multiplex Agricare is at 180 I Main Road Mahalaxmilay Out Bangalore Karnataka, Karnataka, India – 560086.