About Avineo Systems Private Limited
Data last updated:
Avineo Systems Private Limited is a private limited company based in Pimpali, Maharashtra, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 18 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U62091PN2011PTC140502. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.35 Lakh. It was formerly known as Profarm Agrotech Private Limited. It is led by directors Sadashiv Lalaso Wabale and Subhash Mallikarjun Kore.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No. 337 A/P Pimpali Tal. Baramati Dist. Pune, Maharashtra, India – 412306.
As per the financials filed for FY 2015, the company reported a revenue of ₹98,004, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹53,722 (net margin -54.8%) and EBITDA of -₹40,845 (EBITDA margin -41.7%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website profarmagrotech.com.
Company details
CIN history
Avineo Systems has one previous CIN (Corporate Identification Number): U01403PN2011PTC140502. The current CIN is U62091PN2011PTC140502, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62091PN2011PTC140502 | Current |
| U01403PN2011PTC140502 | Previous |
Contact details
Avineo Systems Private Limited's registered office is in Pimpali, Maharashtra.
- Registered AddressGat No. 337 A/P Pimpali Tal. Baramati Dist. Pune, Maharashtra, India – 412306
- IndustryAgriculture, Fertilizers & Soil Enhancers, Agri Support Services
- 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
Financials of Avineo Systems Private Limited
FY 2025 filings availableAvineo Systems Private Limited reported revenue of ₹98,004 (down 89% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over three years, including a 89% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹98,004 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹40,845 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹53,722 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -41.7% |
| Net Profit Margin | -54.8% |
| 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 Avineo Systems Private Limited, buy the company report.
Board of directors of Avineo Systems Private Limited
Avineo Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadashiv Lalaso Wabale Also directs: Ishanya Management Consulting LLP, Ag-Vet Genetics Private Limited, Provet Genetics Private Limited and 3 more | Director | 03 Mar 2018 | 8 Years 8 Months | Current |
| Subhash Mallikarjun Kore | Director | 29 Apr 2013 | 13 Years 6 Months | Current |
Legal cases
Avineo Systems Private Limited has 3 court cases on record: 2 filed by Avineo Systems, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Locus Krushi Services Pvt Ltd Etc | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Locus Krushi Services Pvt.Ltd., Through Vinay Appasaheb Powar | Disposed |
| Bombay High Court | Court case (ARP) | Filed by the company against Locus Krushi Service Private Limited, THR. Director Mr. Vijay Appasaheb Powar | Disposed |
To see the full case history of Avineo Systems 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 Avineo Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avineo Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avineo Systems Private Limited, buy the company report.
Recent activity
Avineo Systems Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Sadashiv Lalaso Wabale ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Avineo Systems is an active private limited company based in Pimpali, Maharashtra, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 18 August 2011 (15+ years old) and is registered under CIN U62091PN2011PTC140502.
Avineo Systems has 2 current directors:
- Sadashiv Lalaso Wabale - Director
- Subhash Mallikarjun Kore - Director
The latest financial statements of Avineo Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Avineo Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avineo Systems is U62091PN2011PTC140502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avineo Systems has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Avineo Systems was incorporated on 18 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Sadashiv Lalaso Wabale ceased to be Additional Director on 29 Sep 2018. Babasaheb Vithoba Suryavanshi ceased to be Director on 14 Mar 2018. Sadashiv Lalaso Wabale was appointed as Director on 03 Mar 2018. Avineo Systems has 6 board changes on record in total.
Avineo Systems can be reached through the website profarmagrotech.com. Its registered office is in Pimpali, Maharashtra, India.
The registered office of Avineo Systems is at Gat No. 337 AP Pimpali Tal. Baramati Dist. Pune, Maharashtra, India – 412306.
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