About Madhyam Agrivet Industries Limited
Data last updated: 22 December 2025
Madhyam Agrivet Industries Limited is a public limited company based in Shrirampur, Maharashtra, India. It specialises in dairy products and milk processing, a part of the broader food and beverages sector. Incorporated on 25 November 1998, the company has been in operation for over 28 years.
Registered with ROC Pune under CIN L01100PN1998PLC013068. Listed.
Capital: an authorised share capital of ₹103.25 Cr and a paid-up capital of ₹95.09 Cr. Formerly known as Prabhat Dairy Limited and Prabhat Dairy Private Limited. It is led by directors including Richa Gunjan Ahuja and Bhaskar Hanmanta Gaikwad.
Last AGM: 30 November 2023. Financial statements filed for year ended 31 March 2023. Office: Gat No. 122 At Ranjankhol Post Tilaknagar Taluka Rahata Ahmednagar – 413720., Shrirampur, Maharashtra, India – 413720.
As per the financials filed for FY 2023, the company reported a revenue of ₹76.62 Cr, a decline of 72% compared to the previous year.
The company has a workforce of approximately 8 employees as per the latest available data.
The company is associated with 2 brands - Prabhat Dairy, Prabhat. As per MCA filings, the company has open charges of ₹1.6 Cr and satisfied charges of ₹1,939.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prabhat-india.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressGat No. 122 At Ranjankhol Post Tilaknagar Taluka Rahata Ahmednagar – 413720., Shrirampur, Maharashtra, India – 413720
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IndustryFood and Beverages, Dairy Products & Milk Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited has undergone 2 name changes throughout its history. The company was previously known as Prabhat Dairy Limited, and Prabhat Dairy Private Limited. The current legal name is Madhyam Agrivet Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Madhyam Agrivet Industries Limited | Current |
| Prabhat Dairy Limited | Previous |
| Prabhat Dairy Private Limited | Previous |
CIN History of Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L01100PN1998PLC013068, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L01100PN1998PLC013068 | Current |
| L15203PN1998PLC013068 | Previous |
| U15203PN1998PTC013068 | Previous |
| U15203PN1998PLC013068 | Previous |
Associated Brands with Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited operates two associated brands: Prabhat Dairy and Prabhat. These brands represent Madhyam Agrivet Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of dairy ingredients and consumer dairy products for retail and institutional clients | prabhatdairy.in | |
| Milk and dairy products along with animal nutrition services in India. | prabhat-india.in |
Competitors & Alternatives of Madhyam Agrivet Industries Limited
Brands and companies operating in the same space as Madhyam Agrivet Industries Limited include Sid's Farm, Dodla Dairy, Milk Mantra and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Sid's Farm
|
Subscription-based dairy products are delivered via an internet-first brand. | Hyderabad, India, India | 2013 |
Dodla Dairy
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Multi-category dairy products are manufactured and branded. | Hyderabad, India, India | 1995 |
Milk Mantra
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Multi-category dairy products are supplied to urban consumers. | Bhubaneswar, India, India | 2009 |
Parag Milk Foods
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Manufacturer of dairy products | Pune, India, India | 1992 |
Heritage Foods
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Heritage Foods is engaged in manufacturing and supplying dairy products. | Hyderabad, India, India | 1992 |
Desi Farms
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Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products | Pune, India, India | 2016 |
HAP
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Brand of dairy products | Chennai, India, India | 1970 |
Milky Mist Dairy Food
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Brand of dairy products | Erode, India, India | 1985 |
Business Activity of Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited is engaged in the principal business activity of agriculture, forestry, fishing, with detailed activities including support activities to agriculture and other activities including hunting.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | ********* |
Auditor Details of Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited is audited by KSS & Company for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KSS & Company | blur-value | blur-value | blur-value |
Board of Directors of Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited is currently managed by 7 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Richa Gunjan Ahuja
Also directs:
Madhyam Agrivet Industries Limited
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Director | 24 Sep 2020 | 5 Years 9 Months | Current |
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Bhaskar Hanmanta Gaikwad
Also directs:
Madhyam Agrivet Industries Limited
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Director | 29 May 2019 | 7 Years 1 Months | Current |
| Sarangdhar Ramchandra Nirmal | Managing Director | 25 Nov 1998 | 27 Years 7 Months | Current |
| Vaibhav Sopan Parjane | Director | 29 May 2019 | 7 Years 1 Months | Current |
| Vivek Sarangdhar Nirmal | Managing Director | 01 May 2012 | 14 Years 2 Months | Current |
Financials of Madhyam Agrivet Industries Limited FY 2020 filings available
Madhyam Agrivet Industries Limited reported revenue of ₹533.09 Cr (up ) for FY 2020. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2020 |
|---|---|
| Revenue from Operations | ₹533.09 Cr |
| Other Income | ₹59.88 Cr |
| Total Income | ₹592.97 Cr |
| Cost of Materials Consumed | ₹554.99 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹1.33 Cr |
| Employee Benefit Expense | ₹6.31 Cr |
| Finance Costs | ₹29.88 Lakh |
| Depreciation & Amortisation | ₹20.12 Lakh |
| Other Expenses | ₹119.3 Cr |
| Total Expenses | ₹679.77 Cr |
| Profit Before Exceptional Items & Tax | -₹86.8 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | -₹86.8 Cr |
| Total Tax Expense | ₹22.38 Cr |
| Net Profit | -₹109.18 Cr |
| attributable to Owners | -₹109.18 Cr |
| attributable to NCI | ₹0 |
| Other Comprehensive Income | ₹0 |
| Total Comprehensive Income | -₹109.18 Cr |
| EBITDA (computed) | -₹86.3 Cr |
| Basic EPS | ₹-11.18 |
| Diluted EPS | ₹-11.18 |
| Metrics | FY 2020 |
|---|---|
| Equity (Net Worth) | ₹97.68 Cr |
| Metrics |
|---|
| Metrics | FY 2020 |
|---|---|
| Revenue from Operations | ₹491.6 Cr |
| Other Income | ₹30.22 Cr |
| Total Income | ₹521.82 Cr |
| Cost of Materials Consumed | ₹516.48 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹61.04 Lakh |
| Employee Benefit Expense | ₹5.29 Cr |
| Finance Costs | ₹29.88 Lakh |
| Depreciation & Amortisation | ₹20.12 Lakh |
| Other Expenses | ₹112.35 Cr |
| Total Expenses | ₹634.02 Cr |
| Profit Before Exceptional Items & Tax | -₹112.2 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | -₹112.2 Cr |
| Total Tax Expense | ₹7.92 Cr |
| Net Profit | -₹120.11 Cr |
| Other Comprehensive Income | ₹0 |
| Total Comprehensive Income | -₹120.11 Cr |
| EBITDA (computed) | -₹111.7 Cr |
| Basic EPS | ₹-12.30 |
| Diluted EPS | ₹12.30 |
| Metrics | FY 2020 |
|---|---|
| Equity (Net Worth) | ₹97.68 Cr |
| Metrics |
|---|
Shareholding Pattern of Madhyam Agrivet Industries Limited
As of FY 2021, Madhyam Agrivet Industries Limited's shareholding pattern shows 50.10% by promoters, 0.29% by domestic institutional investors (DII), 1.96% by foreign institutional investors (FII), 39.01% by public shareholders, 8.64% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Madhyam Agrivet Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2023 | Others | ₹1.6 Cr | Open |
| 25 Mar 2021 | Others | ₹63 Cr | Satisfied |
| 05 Oct 2020 | Others | ₹420 Cr | Satisfied |
| 31 Jan 2019 | Others | ₹140 Cr | Satisfied |
| 29 Dec 2018 | Axis Bank Limited | ₹25 Cr | Satisfied |
Total charge records: 34 View all charges
Employees and EPFO Compliance at Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited has a workforce of 8 employees as of Apr 04, 2024.
Employee Count & EPFO Data of Madhyam Agrivet Industries Limited
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GST Compliance of Madhyam Agrivet Industries Limited
GSTIN & GST Filing Data of Madhyam Agrivet Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Madhyam Agrivet Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Madhyam Agrivet Industries Limited
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MSME Payment Delays by Madhyam Agrivet Industries Limited
MSME Payment Delays by Madhyam Agrivet Industries Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Madhyam Agrivet Industries Limited
Subsidiaries & Group Companies of Madhyam Agrivet Industries Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Madhyam Agrivet Industries Limited with ownership details.
MCA Filings & Documents of Madhyam Agrivet Industries Limited
MCA Filings & Documents of Madhyam Agrivet Industries Limited
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Recent Activity on Madhyam Agrivet Industries Limited
Recent News on Madhyam Agrivet Industries Limited
Frequently Asked Questions about Madhyam Agrivet Industries Limited
Madhyam Agrivet Industries Limited is an active public limited company in the food and beverages sector based in Shrirampur, Maharashtra, India. It was incorporated on 25 November 1998 (28+ years old) and is registered under CIN L01100PN1998PLC013068. The company has 8 employees.
Madhyam Agrivet Industries Limited reported revenue of ₹76.62 Cr for FY 2023 (down 72.00% YoY).
The current directors of Madhyam Agrivet Industries Limited are:
- Richa Gunjan Ahuja
- Bhaskar Hanmanta Gaikwad
- Vishwjit Indrajit Singh
- Sarangdhar Ramchandra Nirmal
- Vaibhav Sopan Parjane
- Vivek Sarangdhar Nirmal
- Pooja Malvi
The primary industry of Madhyam Agrivet Industries Limited is food and beverages. The company specifically operates in dairy products and milk processing. The company is currently active in this sector.
Yes, Madhyam Agrivet Industries Limited is a listed company.
Madhyam Agrivet Industries Limited can be reached at the registered office: Gat No. 122 At Ranjankhol Post Tilaknagar Taluka Rahata Ahmednagar – 413720, Shrirampur, Maharashtra, India – 413720, or through the website prabhat-india.in.