MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0023203
Ocean Agro Industries Private Limited - agriculture in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.55 Cr
▼ 6% YoY
Net loss · FY 2025
₹4.59 Lakh
Net margin -0.3%
EBITDA · FY 2025
₹94.67 Lakh
EBITDA margin 5.4%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹6.72 Cr
Issued & subscribed
Open charges
₹5.25 Cr
Satisfied ₹6.06 Cr
Company age
36 yrs
Est. 1990
Directors on board
3
As per MCA filings
About Ocean Agro Industries Private Limited
Data last updated:
Ocean Agro Industries Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 22 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15174GJ1990PTC013922. Its GSTIN is 24AAACO1849A1ZZ (Gujarat). The company holds 13 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹6.72 Cr. It was formerly known as Ocean Agro (India) Ltd. It is led by directors including Nakul Kaushikbhai Parikh (Managing Director) and Manharbhai Dayaljibhai Patel (Managing 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 Lndustrial Plot 76 77 G.I.D.C., Vadodara, Gujarat, India – 391340.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.55 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹4.59 Lakh (net margin -0.3%) and EBITDA of ₹94.67 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company is associated with 1 brand: Ocean Agro. As per MCA filings, the company has open charges of ₹5.25 Cr and satisfied charges of ₹6.06 Cr on record. Court records list 476 cases involving the company, including 459 filed by the company and 17 filed against it; 263 cases are pending. The company has 6 deals on record (6 market trades); the latest was in November 2017. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 64 overdue payments to 12 micro and small suppliers.
Ocean Agro Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0023203). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanagro.com.
Company details
CIN U15174GJ1990PTC013922
Registration Number 013922
Incorporation Date 22 June 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0023203
CIN history
Ocean Agro Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15174GJ1990PTC013922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15174GJ1990PTC013922 | Current |
| U15174GJ1990PLC013922 | Previous |
| L15174GJ1990PLC013922 | Previous |
Key People
Nakul Kaushikbhai Parikh Managing Director Manharbhai Dayaljibhai Patel Managing Director Usha Kaushik Parikh Whole-Time Director Recognitions & Rankings of Ocean Agro Industries
Contact details
Ocean Agro Industries Private Limited's registered office is in Vadodara, Gujarat. Its website is oceanagro.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressLndustrial Plot 76 77 G.I.D.C., Vadodara, Gujarat, India – 391340
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of Ocean Agro Industries Private Limited, buy the company report.
Comprehensive company report
Ocean Agro Industries Private Limited - one report that includes everything
- 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
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Brands
Ocean Agro Industries operates one associated brand: Ocean Agro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and marketing of biostimulants, bio-fertilizers, and eco-friendly agricultural inputs for Indian farmers. | oceanagro.com |
Business activity
The main business activity of Ocean Agro Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ocean Agro Industries Private Limited, buy the company report.
Financials of Ocean Agro Industries Private Limited
FY 2025 filings availableOcean Agro Industries Private Limited reported revenue of ₹17.55 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹17.55 Cr ▼ 6%
Net loss · FY 2025
₹4.59 Lakh margin -0.3%
EBITDA · FY 2025
₹94.67 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 6%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 92%
3 years · compounded
▼ 4%
5 years · compounded
▲ 4%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 6% fall in the latest year. EBITDA rose 92% 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 | ₹94.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.59 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | -0.3% | ||||
| 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 Ocean Agro Industries Private Limited, buy the company report.
Board of directors of Ocean Agro Industries Private Limited
Ocean Agro Industries has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nakul Kaushikbhai Parikh Also directs: Amrut Farmers Club, Nandesari Agrochemicals Pvt Ltd, Om Pesticides (Nandesari) Private Limited and 3 more | Managing Director | 19 Jun 2021 | 5 Years 4 Months | Current |
| Usha Kaushik Parikh Also directs: Amrut Farmers Club, Nandesari Agrochemicals Pvt Ltd, Om Pesticides (Nandesari) Private Limited and 3 more | Whole-Time Director | 19 Jun 2021 | 5 Years 4 Months | Current |
| Manharbhai Dayaljibhai Patel | Managing Director | 01 Jun 2011 | 15 Years 5 Months | Current |
Auditor
Ocean Agro Industries Private Limited is audited by Ajit Tushar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ajit Tushar & Co. | FY 2023 | 136343W |
Shareholding
The shareholding of Ocean Agro Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ocean Agro Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.25 Cr
Satisfied charges
₹6.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100983396 | Others | ₹6.48 Lakh | Open | |
| 30 Sep 2024 | 100983401 | Others | ₹3.34 Lakh | Open | |
| 25 Nov 2022 | 100645222 | Others | ₹18.15 Lakh | Open | |
| 04 Nov 1996 | 80060838 | Others | ₹4.97 Cr | Open | |
| 16 Jul 2020 | 100397835 | Others | ₹89 Lakh | Satisfied |
To see the full charge records of Ocean Agro Industries Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Ocean Agro Industries Private Limited has 6 deals on record (6 market trades); the latest was in November 2017.
Total deals
6
Market trades
6
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Market trade | ₹23.9 Lakh | Buyer: an individual Seller: Shree Suprinit Tradinvest Pvt Ltd |
| Oct 2015 | Market trade | ₹13.2 Lakh | Buyer: Shree Bhuvanakaram Tradinvest Pvt Ltd , Vishwamurte Trad Invest Pe Ltd Seller: Volga International Limited |
| Jun 2014 | Market trade | ₹6.3 Lakh | Buyer: Shreevishwamurte Tradinvest Private Limited Seller: an individual |
| Jul 2013 | Market trade | ₹7.7 Lakh | Seller: Associated Manufacturing (Rania) Private Limited |
| Jul 2013 | Market trade | ₹18.1 Lakh | Seller: Associated Manufacturing (Rania) Private Limited |
To see the full deal history of Ocean Agro Industries 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
Ocean Agro Industries Private Limited has 476 court cases on record: 459 filed by Ocean Agro Industries, 17 filed against it. 263 cases are pending and 213 are disposed.
Total cases
476
Filed by the company
459
Filed against the company
17
Pending
263
Disposed
213
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 461 | 13 | 263 |
| High courts | 14 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 476)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bathinda, Punjab | Execution petition | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Gandikota Lakshminarayana Suryanarayana Proprietor Sri Manikanta Enterprises | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Dilipkumar Proprietor Surya Agro Agency Proprietorship | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Praveen Payasagar Jagashetti Prop. of Shree Padmavati Agro Centre | Pending |
To see the full case history of Ocean Agro Industries 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
Ocean Agro Industries Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 64 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Domino Printech India LLP | |||
| an individual supplier |
To see the full MSME payment records of Ocean Agro Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ocean Agro Industries has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
13
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO1849A1ZZ | Gujarat | Active | 01 Jul 2017 |
| 29AAACO1849A1ZP | Karnataka | Active | 01 Jul 2017 |
| 36AAACO1849A1ZU | Telangana | Active | 01 Jul 2017 |
| 23AAACO1849A1Z1 | Madhya Pradesh | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Ocean Agro Industries Private Limited, buy the company report.
Recent activity
Ocean Agro Industries Private Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Anupkumar Harishchandra Shah ceased to be CFO on 20 Mar 2025.
AGM
Ocean Agro Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ocean Agro Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Anupkumar Harishchandra Shah ceased to be CFO.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100983396 was registered on 30 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.03 Cr with Charge ID 100983401 was registered on 30 Sep 2024.
Charges
A charge registered on 16 Jul 2020 via Charge ID 100397835 with Others was fully satisfied on 14 Aug 2024.
Ceased
Ramanbhai Naranbhai Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100645222 was registered on 25 Nov 2022.
Ceased
Rekhaben Subhashbhai Shah ceased to be Director.
Appointed
Nakul Kaushikbhai Parikh was appointed as Managing Director.
Ceased
Nakul Kaushikbhai Parikh ceased to be Additional Director.
Appointed
Usha Kaushik Parikh was appointed as Whole-Time Director.
26 earlier events are in the company report.
Frequently asked questions
Ocean Agro Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 22 June 1990 (36+ years old) and is registered under CIN U15174GJ1990PTC013922.
Ocean Agro Industries has 3 current directors:
- Nakul Kaushikbhai Parikh - Managing Director
- Manharbhai Dayaljibhai Patel - Managing Director
- Usha Kaushik Parikh - Whole-Time Director
The latest financial statements of Ocean Agro Industries 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 Ocean Agro Industries is 24AAACO1849A1ZZ, registered in Gujarat. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 29AAACO1849A1ZP (Karnataka), 36AAACO1849A1ZU (Telangana), 23AAACO1849A1Z1 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ocean Agro Industries is U15174GJ1990PTC013922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Agro Industries has 476 court cases on record: 459 filed by the company and 17 filed against it. 263 are pending. Most are in the district courts.
Ocean Agro Industries was incorporated on 22 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ocean Agro Industries has 6 deals on record (6 market trades); the latest was in November 2017.
Anupkumar Harishchandra Shah ceased to be CFO on 20 Mar 2025. Ramanbhai Naranbhai Patel ceased to be Director on 01 May 2023. Rekhaben Subhashbhai Shah ceased to be Director on 06 Apr 2022. Ocean Agro Industries has 15 board changes on record in total.
Yes, Ocean Agro Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0023203).
Ocean Agro Industries has 5 MSME Form 1 returns on record between 2019 and 2022, listing 64 overdue payments to 12 micro and small suppliers. The latest return was filed on 28 Apr 2022.
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