About Narayana Agro Oils Private Limited
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Narayana Agro Oils Private Limited is a private limited company based in Udgir, Maharashtra, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 08 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2012PTC238601. Its GSTIN is 27AAECN2142F1ZS (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.27 Cr. It is led by directors including Sagar Suresh Mahajan (Managing Director) and Amar Suresh Mahajan.
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 C/O Narayan Maruti Mahajan Shop No: 4 – 1 – 60 Market Yard Near Dam Road Gate No.2 Entr, Ance Udgir, Maharashtra, India – 413517.
As per the financials filed for FY 2025, the company reported a revenue of ₹746.43 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.01 Cr (net margin 0.9%) and EBITDA of ₹12 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 13% over five years.
The company has about 162 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹9.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in March 2024. Its 8 peer companies in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 4 smaller; the largest is VDSD Foods Private Limited with revenue of ₹790.21 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naoils.in.
Company details
Contact details
Narayana Agro Oils Private Limited's registered office is in Udgir, Maharashtra. Its website is naoils.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Narayan Maruti Mahajan Shop No: 4 – 1 – 60 Market Yard Near Dam Road Gate No.2 Entr, Ance Udgir, Maharashtra, India – 413517
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Narayana Agro Oils 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
Business activity
The main business activity of Narayana Agro Oils is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Narayana Agro Oils Private Limited, buy the company report.
Financials of Narayana Agro Oils Private Limited
FY 2025 filings availableNarayana Agro Oils Private Limited reported revenue of ₹746.43 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 7% 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 | ₹12 Cr | ||||
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| Net Profit (PAT) | ₹7.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Narayana Agro Oils Private Limited, buy the company report.
Board of directors of Narayana Agro Oils Private Limited
Narayana Agro Oils has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Suresh Mahajan | Director | 08 Dec 2012 | 13 Years 10 Months | Current |
| Suresh Dinkar Mahajan | Director | 08 Dec 2012 | 13 Years 10 Months | Current |
| Eshwar Suresh Mahajan | Director | 08 Dec 2012 | 13 Years 10 Months | Current |
| Sagar Suresh Mahajan | Managing Director | 08 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Narayana Agro Oils Private Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VDSD Foods Private Limited | ₹790.21 Cr (FY 2025) | 90.0% | Alwar, Rajasthan, India | |||
| Manorama Industries Limited | ₹789.41 Cr (FY 2025) | 68.0% | Mumbai, Maharashtra, India | |||
| Priyanka Refineries Private Limited | ₹753.71 Cr (FY 2025) | 25.0% | Hyderabad, Telangana, India | |||
| Ashian Oils Private Limited | ₹751.09 Cr (FY 2025) | 42.0% | Kolkata, West Bengal, India | |||
| Narayana Agro Oils Private Limitedthis company | ₹746.43 Cr (FY 2025) | ₹7.01 Cr | 0.9% | -6.0% | 162 | Udgir, Maharashtra, India |
| Shree Mangal Proteins Limited | ₹745.67 Cr (FY 2025) | -4.0% | Tonk, Rajasthan, India | |||
| Kriti Nutrients Limited | ₹742.1 Cr (FY 2025) | 8.0% | Indore, Madhya Pradesh, India | |||
| Babulal Edible Oils Private Limited | ₹728.99 Cr (FY 2025) | 19.0% | Alwar, Rajasthan, India | |||
| Ms Solvex Private Limited | ₹719.39 Cr (FY 2025) | -6.0% | Neemuch, Madhya Pradesh, India |
To see the full peer comparison of Narayana Agro Oils Private Limited, buy the company report.
Auditor
Narayana Agro Oils Private Limited is audited by AJAY JAIRAJ CHAUDHARY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY JAIRAJ CHAUDHARY | FY 2022 |
Shareholding
The shareholding of Narayana Agro Oils Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Narayana Agro Oils Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2024 | 100887247 | Idbi Bank Limited | ₹9 Cr | Open | |
| 28 Oct 2015 | 10605971 | Others | ₹9.5 Cr | Satisfied |
To see the full charge records of Narayana Agro Oils Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Narayana Agro Oils Private Limited has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in March 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Eshwar Suresh Mahajan HUF, Suresh Dinkar Mahajan HUF, 2 individuals Seller: Suresh Dinkar Mahajan Huf, 3 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Dinkar N Mahajan Huf, Suresh Dinkar Mahajan Huf, an individual |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Suresh Dinkar Mahajan Huf Seller: an individual |
| Sep 2016 | Funding round | ₹2.5 Cr | Investors: 4 individuals |
To see the full deal history of Narayana Agro Oils 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
Narayana Agro Oils Private Limited has 2 court cases on record: 2 filed by Narayana Agro Oils. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Latur, Maharashtra | Civil suit | Filed by the company against Sri Parameswara Poultry Farm Pvt. Ltd. and 4 others | Disposed |
| District court, Latur, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Vijaya Sai Poultries (P) Ltd and 1 other | Pending |
To see the full case history of Narayana Agro Oils 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
Narayana Agro Oils Private Limited was last rated by Crisil on 18 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Nov 2019 |
To see the full credit ratings and regulatory alerts of Narayana Agro Oils Private Limited, buy the company report.
MSME payment delays
Narayana Agro Oils Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Punjab Metal Works | |||
| Balaji Packaging | |||
| Osaw Agro Industries Private Limited | |||
| Precia Molen India Private Limited | |||
| Abhitech Energycon Limited |
To see the full MSME payment records of Narayana Agro Oils Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Narayana Agro Oils Private Limited has a workforce of 162 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Narayana Agro Oils has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN2142F1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Narayana Agro Oils Private Limited, buy the company report.
Recent activity
Narayana Agro Oils Private Limited has 11 board changes on record since 2012: 4 appointments and 7 cessations. The latest: Shivkant Tukaram Chavan ceased to be Company Secretary on 27 Jan 2024.
6 earlier events are in the company report.
Frequently asked questions
Narayana Agro Oils is an active private limited company based in Udgir, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 08 December 2012 (14+ years old) and is registered under CIN U01403MH2012PTC238601.
Narayana Agro Oils has 4 current directors:
- Sagar Suresh Mahajan - Managing Director
- Amar Suresh Mahajan - Director
- Suresh Dinkar Mahajan - Director
- Eshwar Suresh Mahajan - Director
The latest financial statements of Narayana Agro Oils 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 Narayana Agro Oils is 27AAECN2142F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Narayana Agro Oils is U01403MH2012PTC238601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narayana Agro Oils has 2 court cases on record: 2 filed by the company. 1 is pending.
Narayana Agro Oils was incorporated on 08 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Narayana Agro Oils has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in March 2024.
The peers of Narayana Agro Oils by revenue are VDSD Foods Private Limited, Manorama Industries Limited, Priyanka Refineries Private Limited, Ashian Oils Private Limited, Shree Mangal Proteins Limited and 3 more, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Shivkant Tukaram Chavan ceased to be Company Secretary on 27 Jan 2024. Deepak Patange ceased to be Additional Director on 29 Sep 2023. Amar Suresh Mahajan ceased to be Director on 31 Mar 2017. Narayana Agro Oils has 11 board changes on record in total.
Narayana Agro Oils has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Narayana Agro Oils can be reached through the website naoils.in. Its registered office is in Udgir, Maharashtra, India.
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