Octagon Pulses Private Limited

Octagon Pulses Private Limited - food and beverages in Latur, Maharashtra, India. FY 2026 financials & compliance.
CIN U01100MH2019PTC331853 Incorporated 18 October 2019 ROC Mumbai HQ Latur, Maharashtra, India
Active Private Limited Company food and beverages MSME · Medium
Data last updated
Revenue · FY 2024
₹213.57 Cr
▼ 12% YoY
Net profit · FY 2024
₹4.51 Cr
Net margin 2.1%
EBITDA · FY 2024
₹13.06 Cr
EBITDA margin 6.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹30.18 Cr
Satisfied ₹70.75 Cr
Company age
7 yrs
Est. 2019
Directors on board
6
As per MCA filings

About Octagon Pulses Private Limited

Data last updated:

Octagon Pulses Private Limited is a private limited company based in Latur, Maharashtra, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 18 October 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH2019PTC331853. Its GSTIN is 27AADCO0522H1ZS (Maharashtra).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Durga Kishor Varma and Krishna Biyani.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. E – 5 Additional MIDC, Latur, Maharashtra, India – 413531.

As per the financials filed for FY 2024, the company reported a revenue of ₹213.57 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹4.51 Cr (net margin 2.1%) and EBITDA of ₹13.06 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.

As per MCA filings, the company has open charges of ₹30.18 Cr and satisfied charges of ₹70.75 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in January 2024.

Octagon Pulses Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-16-0004936).

Company details

CIN U01100MH2019PTC331853
Registration Number 331853
Incorporation Date 18 October 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-MH-16-0004936
Key People
Durga Kishor Varma Director Krishna Biyani Director Kishor Shivraj Varma Director

Recognitions & Rankings of Octagon Pulses

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-16-0004936

Contact details

Octagon Pulses Private Limited's registered office is in Latur, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. E – 5 Additional MIDC, Latur, Maharashtra, India – 413531
  • Industry
    Food and Beverages, Staple Foods & Grains

To see the full contact details of Octagon Pulses Private Limited, buy the company report.

Comprehensive company report
Octagon Pulses 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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Business activity

The main business activity of Octagon Pulses is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Octagon Pulses Private Limited, buy the company report.

Financials of Octagon Pulses Private Limited

FY 2024 filings available

Octagon Pulses Private Limited reported revenue of ₹213.57 Cr (down 12% YoY) for FY 2024.

Revenue · FY 2024
₹213.57 Cr ▼ 12%
Net profit · FY 2024
₹4.51 Cr margin 2.1%
EBITDA · FY 2024
₹13.06 Cr margin 6.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 44%

Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 16% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹13.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.51 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.1%
Net Profit Margin2.1%
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 Octagon Pulses Private Limited, buy the company report.

Board of directors of Octagon Pulses Private Limited

Octagon Pulses has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Durga Kishor Varma
Also directs: Octagon Proteins LLP, Octagon Oils Private Limited
Director18 Oct 20197 Years 0 MonthsCurrent
Krishna Biyani
Also directs: Octagon Proteins LLP, Octagon Foods Private Limited
Director18 Oct 20197 Years 0 MonthsCurrent
Kishor Shivraj Varma
Also directs: Octagon Proteins LLP, Octagon Agrotech Private Limited, Octagon Foods Private Limited
Director18 Oct 20197 Years 0 MonthsCurrent
Mukesh Shivraj Varma
Also directs: Octagon Proteins LLP, Octagon Agrotech Private Limited, Octagon Foods Private Limited
Director18 Oct 20197 Years 0 MonthsCurrent
Sachin Sahebrao Bhandwalkar
Also directs: Octagon Proteins LLP, Octagon Agrotech Private Limited, Octagon Foods Private Limited
Director18 Oct 20197 Years 0 MonthsCurrent
Abhijit Ashok Mandhana
Also directs: Abhijeet Weaving Mills LLP, Vedant Weaving Mills LLP, Savita Textiles LLP and 3 more
Director18 Oct 20197 Years 0 MonthsCurrent
View all directors

Auditor

Octagon Pulses Private Limited is audited by Chaudhary Malpani Bhandari & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Chaudhary Malpani Bhandari & Co.FY 2023124463W

Shareholding

The shareholding of Octagon Pulses Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Octagon Pulses Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30.18 Cr
Satisfied charges
₹70.75 Cr
Breakdown by lending institutions
Axis Bank Limited₹29.99 Cr
Others₹0.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Mar 2025101077035Axis Bank Limited₹29.99 CrOpen
21 Oct 2020100395715Others₹19.12 LakhOpen
10 Jul 2024100950963Others₹10 CrSatisfied
17 Mar 2022100564923Others₹3.75 CrSatisfied
24 Jan 2022100528501Others₹5 CrSatisfied

To see the full charge records of Octagon Pulses Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Octagon Pulses Private Limited has 1 deal on record (1 secondary share transfer); the latest was in January 2024.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2024Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Octagon Pulses Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Octagon Pulses has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCO0522H1ZSMaharashtraActive25 Nov 2019

To see the full GST registrations and return filing status of Octagon Pulses Private Limited, buy the company report.

Recent activity

Octagon Pulses Private Limited has 7 board changes on record since 2019: 6 appointments and 1 cessation. The latest: Rahul Pannalal Kalantri ceased to be Director on 15 Jan 2024.

Charges
A charge with Axis Bank Limited of Rs. 29.99 Cr registered on 13 Mar 2025 with Charge ID 101077035 was modified on 03 Sep 2025.
Charges
A charge registered on 10 Jul 2024 via Charge ID 100950963 with Others was fully satisfied on 29 Jul 2025.
Charges
A charge registered on 17 Aug 2020 via Charge ID 100375365 with Others was fully satisfied on 10 Jun 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 29.99 Cr with Charge ID 101077035 was registered on 13 Mar 2025.
AGM
Octagon Pulses Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 24 Jan 2022 via Charge ID 100528501 with Others was fully satisfied on 11 Jul 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100950963 was registered on 10 Jul 2024.
Charges
A charge registered on 17 Mar 2022 via Charge ID 100564923 with Others was fully satisfied on 03 Jul 2024.
Filing
Octagon Pulses Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 52.00 Cr registered on 17 Aug 2020 with Charge ID 100375365 was modified on 05 Mar 2024.
Ceased
Rahul Pannalal Kalantri ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.75 Cr with Charge ID 100564923 was registered on 17 Mar 2022.

10 earlier events are in the company report.

Frequently asked questions

Octagon Pulses is an active private limited company based in Latur, Maharashtra, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 18 October 2019 (7+ years old) and is registered under CIN U01100MH2019PTC331853.

Octagon Pulses has 6 current directors:

The latest financial statements of Octagon Pulses on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Octagon Pulses is 27AADCO0522H1ZS, registered in Maharashtra.

The CIN (Corporate Identification Number) of Octagon Pulses is U01100MH2019PTC331853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Octagon Pulses has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.

Octagon Pulses was incorporated on 18 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Octagon Pulses has 1 deal on record (1 secondary share transfer); the latest was in January 2024.

Rahul Pannalal Kalantri ceased to be Director on 15 Jan 2024. Abhijit Ashok Mandhana was appointed as Director on 18 Oct 2019. Durga Kishor Varma was appointed as Director on 18 Oct 2019. Octagon Pulses has 7 board changes on record in total.

Yes, Octagon Pulses is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-16-0004936).