
Netwealth Agrotech India Limited
About Netwealth Agrotech India Limited
Data last updated:
Netwealth Agrotech India Limited is a public limited company based in Pune, Maharashtra, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 01 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U01403PN2011PLC139699.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Machindra Baban Mundhe (Managing Director) and Deepak Subhash Choudhari.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Office No. 1 To 5 2nd Floor A Wing Sagar Complex Kasarwadi, Pune, Maharashtra, India – 411034.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.55 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Lakh (net margin -32%) and EBITDA of -₹61,800 (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
Court records list 18 cases involving the company, including 18 filed against it; 16 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Netwealth Agrotech India Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 1 To 5 2nd Floor A Wing Sagar Complex Kasarwadi, Pune, Maharashtra, India – 411034
- IndustryAgriculture, Agri Support Services
To see the full contact details of Netwealth Agrotech India 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 Netwealth Agrotech India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Netwealth Agrotech India Limited, buy the company report.
Financials of Netwealth Agrotech India Limited
FY 2017 filings availableNetwealth Agrotech India Limited reported revenue of ₹5.55 Lakh (up 22% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 86% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹5.55 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹61,800 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.77 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -11.1% | ||
| Net Profit Margin | -32% | ||
| 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 Netwealth Agrotech India Limited, buy the company report.
Board of directors of Netwealth Agrotech India Limited
Netwealth Agrotech India has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Subhash Choudhari | Director | 31 Jan 2018 | 8 Years 9 Months | Current |
| Umrao Vasantrao Gilbile | Director | 13 Dec 2011 | 14 Years 10 Months | Current |
| Ram Babanrao Zodage Also directs: Netwealth Foods India Private Limited, Dreamway Trade India Private Limited, Sahyadri Agro Estate India Private Limited and 1 more | Director | 13 Dec 2011 | 14 Years 10 Months | Current |
| Sudam Narayan Kakade | Director | 31 Jan 2018 | 8 Years 9 Months | Current |
| Buvasaheb Janu Bochare Also directs: Sankalpsiddhi Gold Private Limited | Director | 01 Nov 2012 | 14 Years 0 Months | Current |
| Machindra Baban Mundhe | Managing Director | 01 Jun 2011 | 15 Years 5 Months | Current |
Auditor
Netwealth Agrotech India Limited is audited by DATTATARAY MARUTI KHUNE for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DATTATARAY MARUTI KHUNE | FY 2017 | 122918 |
Shareholding
The shareholding of Netwealth Agrotech India Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Netwealth Agrotech India Limited, buy the company report.
Legal cases
Netwealth Agrotech India Limited has 18 court cases on record: 18 filed against it. 16 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 14 |
| NCLT | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Union of India | Pending |
| District court, Osmanabad, Maharashtra | Court case (R.C.C.) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Company petition | Filed against the company by Union of India and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India | Pending |
To see the full case history of Netwealth Agrotech India 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 Netwealth Agrotech India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Netwealth Agrotech India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Netwealth Agrotech India Limited has 19 board changes on record since 2011: 7 appointments and 12 cessations. The latest: Deepak Subhash Choudhari was appointed as Director on 31 Jan 2018.
10 earlier events are in the company report.
Frequently asked questions
Netwealth Agrotech India is an active public limited company based in Pune, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 01 June 2011 (15+ years old) and is registered under CIN U01403PN2011PLC139699.
Netwealth Agrotech India has 7 current directors:
- Machindra Baban Mundhe - Managing Director
- Deepak Subhash Choudhari - Director
- Umrao Vasantrao Gilbile - Director
- Ram Babanrao Zodage - Director
- Sudam Narayan Kakade - Director
- Buvasaheb Janu Bochare - Director
- Pandurang Dnyaneshwar Kalbhor - Director
The latest financial statements of Netwealth Agrotech India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Netwealth Agrotech India is U01403PN2011PLC139699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netwealth Agrotech India has 18 court cases on record: 18 filed against it. 16 are pending. Most are in the district courts.
Netwealth Agrotech India was incorporated on 01 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Deepak Subhash Choudhari was appointed as Director on 31 Jan 2018. Pandurang Dnyaneshwar Kalbhor was appointed as Director on 31 Jan 2018. Sudam Narayan Kakade was appointed as Director on 31 Jan 2018. Netwealth Agrotech India has 19 board changes on record in total.
The registered office of Netwealth Agrotech India is at Office No. 1 To 5 2nd Floor A Wing Sagar Complex Kasarwadi, Pune, Maharashtra, India – 411034.
Netwealth Agrotech India operates in the agriculture industry, in the agri support services segment.
The compliance status of Netwealth Agrotech India is active non-compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.

