About Multiplex Fertilizers Private Limited
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Multiplex Fertilizers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 16 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24211KA1991PTC012228. Its GSTIN is 29AABCM2332F1ZS (Karnataka). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹16.54 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 1st Floor 1st Main Road Mahalakshmi Layout Extension, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2021, the company reported a revenue of ₹78.48 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹15.16 Lakh (net margin -19.3%) and EBITDA of -₹12.19 Lakh (EBITDA margin -15.5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 22% over five years.
The company has about 1 employee 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 ₹32 Lakh and satisfied charges of ₹28.7 Lakh on record. Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 1 case is 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
CIN history
Multiplex Fertilizers has one previous CIN (Corporate Identification Number): U02412KA1991PTC012228. The current CIN is U24211KA1991PTC012228, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24211KA1991PTC012228 | Current |
| U02412KA1991PTC012228 | Previous |
Contact details
Multiplex Fertilizers Private Limited's registered office is in Bangalore, Karnataka. Its website is multiplexgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address#180 1st Floor 1st Main Road Mahalakshmi Layout Extension, Bangalore, Karnataka, India – 560086
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of Multiplex Fertilizers 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 Fertilizers 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 Fertilizers 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 Multiplex Fertilizers Private Limited, buy the company report.
Financials of Multiplex Fertilizers Private Limited
FY 2025 filings availableMultiplex Fertilizers Private Limited reported revenue of ₹78.48 Lakh (down 39% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 39% fall in the latest year. EBITDA fell 178% 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 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹78.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.16 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.5% | ||||
| Net Profit Margin | -19.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Fertilizers Private Limited, buy the company report.
Board of directors of Multiplex Fertilizers Private Limited
Multiplex Fertilizers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Gopalakrishna Shetty Also directs: Skydealz India Property Services LLP, Urbi Farm LLP, M S Pride Properties LLP and 5 more | Managing Director | 16 Aug 1991 | 35 Years 2 Months | Current |
| Gopalakrishna Pommayya Shetty Also directs: Multiplex Urban Green (India) Private Limited, Multiplex Agricare Private Limited, Mystique Apparels Private Limited and 2 more | Whole-Time Director | 16 Aug 1991 | 35 Years 2 Months | Current |
| Nishchita Mahesh Shetty | Whole-Time Director | 16 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Multiplex Fertilizers Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Hoshi Chemicals Private Limited | ₹81.33 Lakh (FY 2025) | 3.0% | Akola, Maharashtra, India | |||
| Krishnaveni Fertilizers Private Limited | ₹79.75 Lakh (FY 2017) | -4.0% | Guntur, Andhra Pradesh, India | |||
| Multiplex Fertilizers Private Limitedthis company | ₹78.48 Lakh (FY 2021) | -₹15.16 Lakh | -19.3% | -39.0% | Bangalore, Karnataka, India | |
| Crop Star India Private Limited | ₹77.34 Lakh (FY 2025) | 17.0% | Rajpura, Punjab, India | |||
| U S Agrochem Private Limited | ₹76.92 Lakh (FY 2025) | 66.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Multiplex Fertilizers Private Limited, buy the company report.
Auditor
Multiplex Fertilizers Private Limited is audited by PREETHAM SHETTY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREETHAM SHETTY & CO | FY 2021 | 016759S |
Shareholding
The shareholding of Multiplex Fertilizers 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 Fertilizers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2000 | 90192220 | Bank of India | ₹32 Lakh | Open | |
| 29 Jan 1993 | 90191035 | Karnataka State Financial Corp. | ₹28.7 Lakh | Satisfied |
To see the full charge records of Multiplex Fertilizers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Multiplex Fertilizers Private Limited has 12 court cases on record: 9 filed by Multiplex Fertilizers, 3 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 1 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S North Eastern Carrying Corporation Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Appeal | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Multiplex Fertilizers 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 Fertilizers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Multiplex Fertilizers has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM2332F1ZS | Karnataka | Active | 01 Jul 2017 |
| 21AABCM2332F1Z8 | Odisha | Active | 01 Jul 2017 |
| 33AABCM2332F1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multiplex Fertilizers Private Limited, buy the company report.
Recent activity
Multiplex Fertilizers Private Limited has 9 board changes on record since 1991: 6 appointments and 3 cessations. The latest: Anusuya Shetty Gopalakrishna ceased to be Director on 09 May 2019.
5 earlier events are in the company report.
Frequently asked questions
Multiplex Fertilizers is an active private limited company based in Bangalore, Karnataka, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 16 August 1991 (35+ years old) and is registered under CIN U24211KA1991PTC012228.
Multiplex Fertilizers has 3 current directors:
- Mahesh Gopalakrishna Shetty - Managing Director
- Gopalakrishna Pommayya Shetty - Whole-Time Director
- Nishchita Mahesh Shetty - Whole-Time Director
The latest financial statements of Multiplex Fertilizers 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 Fertilizers is 29AABCM2332F1ZS, registered in Karnataka. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 21AABCM2332F1Z8 (Odisha), 33AABCM2332F1Z3 (Tamil Nadu).
The CIN (Corporate Identification Number) of Multiplex Fertilizers is U24211KA1991PTC012228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiplex Fertilizers has 12 court cases on record: 9 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Multiplex Fertilizers was incorporated on 16 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Multiplex Fertilizers by revenue are Hoshi Chemicals Private Limited, Krishnaveni Fertilizers Private Limited, Crop Star India Private Limited, U S Agrochem Private Limited, all in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anusuya Shetty Gopalakrishna ceased to be Director on 09 May 2019. Nishchita Mahesh Shetty was appointed as Whole-Time Director on 16 Dec 2013. Dinesh Gopalakrishna Shetty ceased to be Director on 03 Oct 2007. Multiplex Fertilizers has 9 board changes on record in total.
Multiplex Fertilizers can be reached through the website multiplexgroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Multiplex Fertilizers is at #180 1st Floor 1st Main Road Mahalakshmi Layout Extension, Bangalore, Karnataka, India – 560086.