MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-08-0014688
Ppagro India Private Limited - agriculture in Bikaner, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹7.3 Cr
▼ 48.27% YoY
Net loss · FY 2021
₹2.19 Cr
Net margin -30%
EBITDA · FY 2021
-₹1.41 Cr
EBITDA margin -19.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.48 Cr
Issued & subscribed
Satisfied charges
₹14.56 Cr
No open charges
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Ppagro India Private Limited
Data last updated:
Ppagro India Private Limited is a private limited company based in Bikaner, Rajasthan, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 22 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U51224RJ2014PTC045480. Its GSTIN is 08AAHCP6536A1ZJ (Rajasthan).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.48 Cr. It is led by directors Mahaveer Swami and Dhanraj Mahiya.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 6 – D – 55 Jai Narayan Vyas Colony, Bikaner, Rajasthan, India – 334001.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.3 Cr. For the same year it recorded a net loss of ₹2.19 Cr (net margin -30%) and EBITDA of -₹1.41 Cr (EBITDA margin -19.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 18% over five years.
As per MCA filings, the company has satisfied charges of ₹14.56 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 1 case is pending.
Ppagro India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-08-0014688). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ppagroindia.com.
Company details
CIN U51224RJ2014PTC045480
Registration Number 045480
Incorporation Date 22 March 2014
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-08-0014688
Key People
Mahaveer Swami Director Dhanraj Mahiya Director Recognitions & Rankings of Ppagro India
Contact details
Ppagro India Private Limited's registered office is in Bikaner, Rajasthan. Its website is ppagroindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 – D – 55 Jai Narayan Vyas Colony, Bikaner, Rajasthan, India – 334001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Ppagro India Private Limited, buy the company report.
Comprehensive company report
Ppagro India 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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Secure checkout · GST invoice included
Business activity
The main business activity of Ppagro 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 Ppagro India Private Limited, buy the company report.
Financials of Ppagro India Private Limited
FY 2021 filings availablePpagro India Private Limited reported revenue of ₹7.3 Cr for FY 2021.
Revenue · FY 2021
₹7.3 Cr
Net loss · FY 2021
₹2.19 Cr margin -30%
EBITDA · FY 2021
-₹1.41 Cr margin -19.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 23%
5 years · compounded
▼ 18%
EBITDA CAGR growth
3 years · compounded
▼ 60%
5 years · compounded
▼ 41%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.3 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.19 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.3% | ||||
| Net Profit Margin | -30% | ||||
| 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 Ppagro India Private Limited, buy the company report.
Board of directors of Ppagro India Private Limited
Ppagro India 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 |
|---|---|---|---|---|
| Mahaveer Swami Also directs: Rajsahi Spices Private Limited | Director | 27 Feb 2019 | 7 Years 7 Months | Current |
| Dhanraj Mahiya Also directs: Rajsahi Spices Private Limited | Director | 15 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Ppagro India Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Hindustan Farmdirect Ingredients Private Limited | ₹7.37 Cr (FY 2024) | -38.0% | Una, Himachal Pradesh, India | |||
| Amrutalayam Farmer Producer Company Limited | ₹7.34 Cr (FY 2025) | 424.0% | Nanded, Maharashtra, India | |||
| Ppagro India Private Limitedthis company | ₹7.3 Cr (FY 2021) | -₹2.19 Cr | -30% | Bikaner, Rajasthan, India | ||
| Behariji Agro Products Private Limited | ₹7.3 Cr (FY 2025) | 1850.0% | New Delhi, Delhi, India | |||
| Mr.Md Vegetable Mart Private Limited | ₹7.29 Cr (FY 2025) | 3.0% | Surat, Gujarat, India |
To see the full peer comparison of Ppagro India Private Limited, buy the company report.
Auditor
Ppagro India Private Limited is audited by DOLLY JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DOLLY JAIN & ASSOCIATES | FY 2021 | 141298W |
Shareholding
The shareholding of Ppagro India 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 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ppagro India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹14.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2017 | 100097243 | Others | ₹4.67 Cr | Satisfied | |
| 30 Jan 2017 | 100077919 | Others | ₹17.5 Lakh | Satisfied | |
| 13 Jan 2017 | 100076630 | Others | ₹76 Lakh | Satisfied | |
| 04 Jan 2017 | 100077921 | Others | ₹33 Lakh | Satisfied | |
| 28 Dec 2016 | 100077929 | Others | ₹76 Lakh | Satisfied |
To see the full charge records of Ppagro India Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Ppagro India Private Limited has 9 court cases on record: 4 filed by Ppagro India, 5 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 1 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by NCML Finance Pvt Ltd | Disposed |
| District court, Central, Delhi | Arbitration matter | Filed by the company against NCML Finance Pvt. Ltd. | Disposed |
| High Court of Rajasthan | Writ petition | Filed against the company by NCML Finance Private Ltd. and Anr. and 1 other | Disposed |
| District court, Bikaner, Rajasthan | Criminal case | Filed against the company by M/S Jethman Jai Narayan | Pending |
| NCLT, Jaipur | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Ppagro India 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 Ppagro India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ppagro India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCP6536A1ZJ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ppagro India Private Limited, buy the company report.
Recent activity
Ppagro India Private Limited has 10 board changes on record since 2014: 6 appointments and 4 cessations. The latest: Dhanraj Mahiya was appointed as Director on 15 May 2024.
Appointed
Dhanraj Mahiya was appointed as Director.
Ceased
Narayan Swami ceased to be Director.
Charges
A charge registered on 20 Mar 2017 via Charge ID 100097243 with Others was fully satisfied on 06 May 2023.
AGM
Ppagro India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Ppagro India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Jaipur.
Charges
A charge with Others of Rs. 4.67 Cr registered on 20 Mar 2017 with Charge ID 100097243 was modified on 31 Mar 2020.
Charges
A charge registered on 30 Apr 2016 via Charge ID 100032669 with Others was fully satisfied on 16 Aug 2019.
Ceased
Chatra Ram Mahiya ceased to be Director.
Appointed
Mahaveer Swami was appointed as Director.
Charges
A charge registered on 13 Jan 2017 via Charge ID 100076630 with Others was fully satisfied on 22 Mar 2017.
Charges
A charge registered on 28 Dec 2016 via Charge ID 100077929 with Others was fully satisfied on 22 Mar 2017.
Charges
A charge registered on 05 Nov 2015 via Charge ID 10607377 with Syndicate Bank was fully satisfied on 22 Mar 2017.
28 earlier events are in the company report.
Frequently asked questions
Ppagro India is an active private limited company based in Bikaner, Rajasthan, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 22 March 2014 (12+ years old) and is registered under CIN U51224RJ2014PTC045480.
Ppagro India has 2 current directors:
- Mahaveer Swami - Director
- Dhanraj Mahiya - Director
The latest financial statements of Ppagro India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Ppagro India is 08AAHCP6536A1ZJ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Ppagro India is U51224RJ2014PTC045480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ppagro India has 9 court cases on record: 4 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Ppagro India was incorporated on 22 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ppagro India by revenue are Hindustan Farmdirect Ingredients Private Limited, Amrutalayam Farmer Producer Company Limited, Behariji Agro Products Private Limited, Mr.Md Vegetable Mart Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Dhanraj Mahiya was appointed as Director on 15 May 2024. Narayan Swami ceased to be Director on 15 May 2024. Chatra Ram Mahiya ceased to be Director on 02 Mar 2019. Ppagro India has 10 board changes on record in total.
Yes, Ppagro India is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-08-0014688).
Ppagro India can be reached through the website ppagroindia.com. Its registered office is in Bikaner, Rajasthan, India.