Panama Agriculture Private Limited

Panama Agriculture Private Limited - agriculture in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U01400PN2011PTC141501 Incorporated 29 November 2011 ROC Pune HQ Pune, Maharashtra, India
Merged Private Limited Company agriculture
Revenue · FY 2022
₹35.09 Cr
▲ 22% YoY
Net profit · FY 2022
₹1.21 Cr
Net margin 3.5%
EBITDA · FY 2022
₹4 Cr
EBITDA margin 11.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹13.79 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
13
Provident fund records

About Panama Agriculture Private Limited

Data last updated:

Panama Agriculture Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 29 November 2011.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U01400PN2011PTC141501. Its GSTIN is 27AAGCP3144F1ZK (Maharashtra). The company held 2 GST registrations, all of them active.

The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Panama Agritech Private Limited and Panama Agrotech Private Limited. It was led by directors Gautam Balasaheb Ladkat and Sameer Balasaheb Ladkat.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Office – 502 Plot No – 3 Lunkad Tower Viman Nagar, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2022, the company reported a revenue of ₹35.09 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 3.5%) and EBITDA of ₹4 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 70% over five years.

The company had about 13 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had open charges of ₹13.79 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.

The last known website on record is panama-group.com.

Company details

CIN U01400PN2011PTC141501
Registration Number 141501
Incorporation Date 29 November 2011
ROC Pune
Listing Status Unlisted
Company Status Amalgamated
Compliance Status Active Compliant

Name history

Panama Agriculture has undergone 2 name changes throughout its history. The company was previously known as Panama Agritech Private Limited, and Panama Agrotech Private Limited. The current legal name is Panama Agriculture Private Limited.

Company NameStatus
Panama Agriculture Private LimitedCurrent
Panama Agritech Private LimitedPrevious
Panama Agrotech Private LimitedPrevious

Contact details

Panama Agriculture Private Limited's registered office is in Pune, Maharashtra. Its website is panama-group.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Office – 502 Plot No – 3 Lunkad Tower Viman Nagar, Pune, Maharashtra, India – 411014
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Panama Agriculture Private Limited, buy the company report.

Comprehensive company report
Panama Agriculture 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Panama Agriculture is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including hunting

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

Financials of Panama Agriculture Private Limited

FY 2022 filings available

Panama Agriculture Private Limited reported revenue of ₹35.09 Cr (up 22% YoY) for FY 2022.

Revenue · FY 2022
₹35.09 Cr ▲ 22%
Net profit · FY 2022
₹1.21 Cr margin 3.5%
EBITDA · FY 2022
₹4 Cr margin 11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 61%
5 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▼ 72%
3 years · compounded
▲ 114%
5 years · compounded
▲ 87%

Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 22% growth in the latest year. EBITDA fell 72% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹35.09 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.21 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin11.4%
Net Profit Margin3.5%
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 Panama Agriculture Private Limited, buy the company report.

Board of directors of Panama Agriculture Private Limited

Panama Agriculture has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Gautam Balasaheb LadkatDirector01 Aug 201412 Years 3 MonthsAs last reported
Sameer Balasaheb LadkatDirector29 Nov 201114 Years 11 MonthsAs last reported

Peer comparison

Panama Agriculture Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Prabhugopal Agri Product Private Limited₹35.34 Cr (FY 2025)68.0%Indore, Madhya Pradesh, India
Upright Innovative Solutions Private Limited₹35.28 Cr (FY 2025)222677.0%Chilkiya, Uttarakhand, India
Agrosperity Tech Solutions Private Limited₹35.23 Cr (FY 2025)693.0%Chennai, Tamil Nadu, India
Hartlyn Dairies Private Limited₹35.16 Cr (FY 2021)4.0%Kolhapur, Maharashtra, India
FF Bioworks (India) Private Limited₹35.14 Cr (FY 2025)108.0%Bangalore, Karnataka, India
Panama Agriculture Private Limitedthis company₹35.09 Cr (FY 2022)₹1.21 Cr3.5%22.0%13Pune, Maharashtra, India
Shri Bajrangbali Coal and Developers Private Limited₹35.04 Cr (FY 2025)-65.0%Bilaspur, Chhattisgarh, India
Avira Agrisciences Private Limited₹34.98 Cr (FY 2021)1.0%Hyderabad, Telangana, India
Narayani Agri Chems Private Limited₹34.68 Cr (FY 2025)32.0%Tanuku, Andhra Pradesh, India
Geocult Products Exim Private Limited₹34.55 Cr (FY 2023)70.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Panama Agriculture Private Limited, buy the company report.

Auditor

Panama Agriculture Private Limited is audited by SHYAMALA SUNIIEL & ASSOCIATES LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SHYAMALA SUNIIEL & ASSOCIATES LLPFY 2022139499W

Shareholding

The shareholding of Panama Agriculture Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Panama Agriculture Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Maharashtra₹12.60 Cr
Hdfc Bank Limited₹1.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Mar 2023100727257Hdfc Bank Limited₹1.19 CrOpen
13 Apr 201310428897Bank of Maharashtra₹12.6 CrOpen

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Panama Agriculture Private Limited was last rated by Care on 20 Jan 2026.

Rating agencyRated onRating
Care20 Jan 2026

To see the full credit ratings and regulatory alerts of Panama Agriculture Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Panama Agriculture Private Limited has a workforce of 13 employees on its EPFO records as of May 2025, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-43.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-2613
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19

To see the full employee and EPFO history of Panama Agriculture Private Limited, buy the company report.

GST

Panama Agriculture has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAGCP3144F1ZKMaharashtraActive01 Jul 2017
23AAGCP3144F1ZSMadhya PradeshActive02 Jan 2021

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

Recent activity

Panama Agriculture Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Gautam Balasaheb Ladkat ceased to be Additional Director on 30 Sep 2014.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.19 Cr with Charge ID 100727257 was registered on 08 Mar 2023.
AGM
Panama Agriculture Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Panama Agriculture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Ceased
Gautam Balasaheb Ladkat ceased to be Additional Director.
Appointed
Gautam Balasaheb Ladkat was appointed as Director.
Ceased
Janak Kanayalal Jani ceased to be Director.
Ceased
Parag Ashok Agarwal ceased to be Director.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 12.60 Cr with Charge ID 10428897 was registered on 13 Apr 2013.
Appointed
Sameer Balasaheb Ladkat was appointed as Director.
Incorporation
29 Nov 2011
Panama Agriculture Private Limited was registered on 29 Nov 2011 with Roc Pune & aged 14 years 11 months as per MCA records.

Frequently asked questions

Panama Agriculture has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Panama Agriculture was a private limited company based in Pune, Maharashtra, India. The company worked in agri support services, within the agriculture industry. It was incorporated on 29 November 2011 and is registered under CIN U01400PN2011PTC141501. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Panama Agriculture was incorporated on 29 November 2011. It is registered with the Registrar of Companies, Pune.

Panama Agriculture had 2 directors:

The CIN (Corporate Identification Number) of Panama Agriculture is U01400PN2011PTC141501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Panama Agriculture is at Office – 502 Plot No – 3 Lunkad Tower Viman Nagar, Pune, Maharashtra, India – 411014.

Panama Agriculture can be reached through the website panama-group.com. Its registered office is in Pune, Maharashtra, India.

The latest financial statements of Panama Agriculture on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Panama Agriculture is 27AAGCP3144F1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAGCP3144F1ZS (Madhya Pradesh).

Panama Agriculture operated in the agriculture industry, in the agri support services segment.

The peers of Panama Agriculture by revenue are Prabhugopal Agri Product Private Limited, Upright Innovative Solutions Private Limited, Agrosperity Tech Solutions Private Limited, Hartlyn Dairies Private Limited, FF Bioworks (India) Private Limited and 4 more, all in the same principal business activity (support activities to agriculture and other activities including hunting).