MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0059102
Pine Trading Private Limited
Pine Trading Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹36.95 Cr
▼ 30% YoY
Net loss · FY 2022
₹5.03 Cr
Net margin -13.6%
EBITDA · FY 2022
-₹4.01 Cr
EBITDA margin -10.8%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹9.2 Cr
Satisfied ₹1.96 Cr
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings
About Pine Trading Private Limited
Data last updated:
Pine Trading Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 09 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1997PTC110547. Its GSTIN is 27AAACP6161G1ZH (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as Bio Enzyme (India) Private Limited. It is led by directors Rupesh Balkrishna Rawool and Deepak Bhiku Kothere.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5 – E 5th Floor Avsar 77/81 Kazi Syed Street Mandvi, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2022, the company reported a revenue of ₹36.95 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹5.03 Cr (net margin -13.6%) and EBITDA of -₹4.01 Cr (EBITDA margin -10.8%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
The company is associated with 1 brand: Pine State Trading. As per MCA filings, the company has open charges of ₹9.2 Cr and satisfied charges of ₹1.96 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Pine Trading Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0059102). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51900MH1997PTC110547
Registration Number 110547
Incorporation Date 09 September 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0059102
Recognitions & Rankings of Pine Trading
Contact details
Pine Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address5 – E 5th Floor Avsar 77/81 Kazi Syed Street Mandvi, Mumbai, Maharashtra, India – 400003
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Pine Trading Private Limited, buy the company report.
Comprehensive company report
Pine Trading 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
Brands
Pine Trading operates one associated brand: Pine State Trading. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Beverages are branded and traded by Pine State Trading. | pinestatetrading.com |
Business activity
The main business activity of Pine Trading 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 Pine Trading Private Limited, buy the company report.
Financials of Pine Trading Private Limited
FY 2023 filings availablePine Trading Private Limited reported revenue of ₹36.95 Cr (down 30% YoY) for FY 2022.
Revenue · FY 2022
₹36.95 Cr ▼ 30%
Net loss · FY 2022
₹5.03 Cr margin -13.6%
EBITDA · FY 2022
-₹4.01 Cr margin -10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 33%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 447%
3 years · compounded
▼ 52%
5 years · compounded
▼ 35%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 30% fall in the latest year. EBITDA fell 447% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹36.95 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.03 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.8% | ||||
| Net Profit Margin | -13.6% | ||||
| 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 Pine Trading Private Limited, buy the company report.
Board of directors of Pine Trading Private Limited
Pine Trading has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupesh Balkrishna Rawool Also directs: Abhay Trading Private Limited, Mirage Services Private Limited | Director | 26 Mar 2022 | 4 Years 7 Months | Current |
| Deepak Bhiku Kothere Also directs: Abhay Trading Private Limited, Soham Life Services Private Limited | Director | 02 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Pine Trading Private Limited is compared with the 7 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adeg Agri Ventures Private Limited | ₹37.08 Cr (FY 2025) | 2577.0% | Karad, Maharashtra, India | |||
| Kohinoor Commotrade Private Limited | ₹37.02 Cr (FY 2025) | 74.0% | New Delhi, Delhi, India | |||
| Gourish Agro Private Limited | ₹37 Cr (FY 2022) | 228.0% | Nagpur, Maharashtra, India | |||
| Shripad Agro Sales Private Limited | ₹36.99 Cr (FY 2025) | -5.0% | Nashik, Maharashtra, India | |||
| Pine Trading Private Limitedthis company | ₹36.95 Cr (FY 2022) | -₹5.03 Cr | -13.6% | -30.0% | Mumbai, Maharashtra, India | |
| BSS Worldwide Private Limited | ₹36.85 Cr (FY 2016) | 49.0% | Ahmedabad, Gujarat, India | |||
| Farmistrex Ventures Private Limited | ₹36.8 Cr (FY 2024) | 13.0% | Ahmedabad, Gujarat, India | |||
| Purti Contract Farming Private Limited | ₹36.79 Cr (FY 2024) | 1248.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Pine Trading Private Limited, buy the company report.
Auditor
Pine Trading Private Limited is audited by NARENDRA Y TIWARI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARENDRA Y TIWARI & ASSOCIATES | FY 2022 | 154258W |
Shareholding
The shareholding of Pine Trading Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pine Trading Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.2 Cr
Satisfied charges
₹1.96 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2015 | 10626218 | Others | ₹9.2 Cr | Open | |
| 01 Jun 2000 | 90140791 | Union Bank of India | ₹1.96 Cr | Satisfied |
To see the full charge records of Pine Trading Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Pine Trading Private Limited has 3 court cases on record: 1 filed by Pine Trading, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed against the company by Kotak Mahindra Bank Limited - Authorized Officer Vishal Lahine | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms Aryaman Enterprises and 7 | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Kotak Mahindra Bank | Disposed |
To see the full case history of Pine Trading 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
No delayed payments to MSME suppliers are on our record for Pine Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pine Trading has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP6161G1ZH | Maharashtra | Active | 01 Jul 2017 |
| 24AAACP6161G1ZN | Gujarat | Active | 01 Jul 2017 |
| 29AAACP6161G1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pine Trading Private Limited, buy the company report.
Recent activity
Pine Trading Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Rupesh Balkrishna Rawool was appointed as Director on 26 Mar 2022.
AGM
Pine Trading Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Pine Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Appointed
Rupesh Balkrishna Rawool was appointed as Director.
Ceased
Vipul Prabhatkumar Maheshwari ceased to be Director.
Appointed
Deepak Bhiku Kothere was appointed as Director.
Ceased
Rachana Prabhatkumar Maheshwari ceased to be Additional Director.
Ceased
Subramanian ceased to be Director.
Charges
A charge with Others of Rs. 920.00 Lakh registered on 30 May 2015 with Charge ID 10626218 was modified on 14 Nov 2017.
Charges
A charge with Others amounted to Rs. 920.00 Lakh with Charge ID 10626218 was registered on 30 May 2015.
Ceased
Rohit Maheshwari ceased to be Director.
Charges
A charge registered on 01 Jun 2000 via Charge ID 90140791 with Union Bank Of India was fully satisfied on 13 Jul 2011.
Charges
A charge with Union Bank Of India amounted to Rs. 196.00 Lakh with Charge ID 90140791 was registered on 01 Jun 2000.
1 earlier event is in the company report.
Frequently asked questions
Pine Trading is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 09 September 1997 (29+ years old) and is registered under CIN U51900MH1997PTC110547.
Pine Trading has 2 current directors:
- Rupesh Balkrishna Rawool - Director
- Deepak Bhiku Kothere - Director
The latest financial statements of Pine Trading on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pine Trading is 27AAACP6161G1ZH, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAACP6161G1ZN (Gujarat), 29AAACP6161G1ZD (Karnataka).
The CIN (Corporate Identification Number) of Pine Trading is U51900MH1997PTC110547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pine Trading has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Pine Trading was incorporated on 09 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pine Trading by revenue are Adeg Agri Ventures Private Limited, Kohinoor Commotrade Private Limited, Gourish Agro Private Limited, Shripad Agro Sales Private Limited, BSS Worldwide Private Limited and 2 more, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Rupesh Balkrishna Rawool was appointed as Director on 26 Mar 2022. Vipul Prabhatkumar Maheshwari ceased to be Director on 26 Mar 2022. Deepak Bhiku Kothere was appointed as Director on 02 Aug 2021. Pine Trading has 6 board changes on record in total.
Yes, Pine Trading is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0059102).
The registered office of Pine Trading is at 5 – E 5th Floor Avsar 7781 Kazi Syed Street Mandvi, Mumbai, Maharashtra, India – 400003.