About RML Agtech Private Limited
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RML Agtech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 20 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC179149. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6.8 Cr and a paid-up capital of ₹6.14 Cr. It was formerly known as Reuters Market Light Private Limited and Rml Information Services Private Limited. It is led by directors including Sunil Jain and Sain Dass.
Its last annual general meeting (AGM) was held on 02 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1 Vimal Apartments Main Carter Road Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.23 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹51.94 Lakh (net margin 16.1%) and EBITDA of ₹2.79 Cr (EBITDA margin 86.4%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: RML Agtech and FarmBee. Court records list 10 cases involving the company, including 10 filed against it; 3 cases are pending. The company has 10 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹40.36 Cr; the latest was in October 2017. Its 4 peer companies in the Agriculture industry (Agri Services), with the same principal business activity (support activities to agriculture and other activities including hunting) are compared by revenue, 3 larger and 1 smaller; the largest is Rattihalli Mallikarjuna Farmer Producer Company Limited with revenue of ₹3.24 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rmlagtech.com.
Company details
Name history
RML Agtech has undergone 2 name changes throughout its history. The company was previously known as Reuters Market Light Private Limited, and Rml Information Services Private Limited. The current legal name is Rml Agtech Private Limited.
| Company Name | Status |
|---|---|
| RML Agtech Private Limited | Current |
| Reuters Market Light Private Limited | Previous |
| Rml Information Services Private Limited | Previous |
Contact details
RML Agtech Private Limited's registered office is in Mumbai, Maharashtra. Its website is rmlagtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Vimal Apartments Main Carter Road Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryAgriculture, Agri Support Services
To see the full contact details of RML Agtech Private Limited, buy the company report.
- 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
Brands
RML Agtech operates two associated brands: RML Agtech and FarmBee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online portal for sharing agriculture information. | rmlagtech.com | |
| Data-driven agricultural solutions are delivered via an online platform. | farmbee.in |
Business activity
The main business activity of RML Agtech is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of RML Agtech Private Limited, buy the company report.
Financials of RML Agtech Private Limited
FY 2019 filings availableRML Agtech Private Limited reported revenue of ₹3.23 Cr (down 71% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 71% fall in the latest year. EBITDA rose 505% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.23 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.94 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.4% | ||||
| Net Profit Margin | 16.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of RML Agtech Private Limited, buy the company report.
Board of directors of RML Agtech Private Limited
RML Agtech has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Jain | Director | 30 Aug 2017 | 9 Years 1 Months | Current |
| Sain Dass | Director | 14 Oct 2018 | 8 Years 0 Months | Current |
| Madhuri Dhanraj Sawant Also directs: Ivycap Ventures Advisors Private Limited | Nominee Director | 10 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
RML Agtech Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Agri Services), with the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rattihalli Mallikarjuna Farmer Producer Company Limited | ₹3.24 Cr (FY 2024) | 1326.0% | Rattihalli, Karnataka, India | |||
| Purvik Farmers Producer Company Limited | ₹3.23 Cr (FY 2025) | -6.0% | Turuvekere, Karnataka, India | |||
| Ghatakpukur Agro Producer Company Limited | ₹3.23 Cr (FY 2025) | -10.0% | Bhangar, West Bengal, India | |||
| RML Agtech Private Limitedthis company | ₹3.23 Cr (FY 2019) | ₹51.94 Lakh | 16.1% | -71.0% | 19 | Mumbai, Maharashtra, India |
| Dhanyak Jeevika Agri Producer Company Limited | ₹3.21 Cr (FY 2024) | 32.0% | Begusarai, Bihar, India |
To see the full peer comparison of RML Agtech Private Limited, buy the company report.
Auditor
RML Agtech Private Limited is audited by S G C O & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G C O & CO LLP | FY 2019 | 112081W |
Shareholding
The shareholding of RML Agtech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of RML Agtech Private Limited, buy the company report.
Deals & funding
RML Agtech Private Limited has 10 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹40.36 Cr; the latest was in October 2017.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Rights issue | ₹3.7 Cr | Investors: IvyCap Ventures |
| Feb 2016 | Rights issue | ₹7.3 Cr | Investors: IvyCap Ventures |
| Jan 2016 | Rights issue | ₹1 Cr | Investors: IvyCap Ventures |
| Nov 2015 | Rights issue | ₹3 Cr | Investors: IvyCap Ventures, an individual |
| Feb 2013 | Funding round · Series A | ₹22.25 Cr | Investors: IvyCap Ventures, Thomson Reuters Corporation Pte Limited, 2 individuals |
To see the full deal history of RML Agtech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
RML Agtech Private Limited has 10 court cases on record: 10 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 2 |
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by STT Global Data Centres India Pvt Ltd Through Authorised Representative Mrs Neeti Vashisth | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Route Mobile Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Il&Fs Trust Co. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Valuefirtst Digital Media Pvt. Ltd. | Disposed |
To see the full case history of RML Agtech 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 RML Agtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
RML Agtech Private Limited has a workforce of 19 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
RML Agtech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of RML Agtech Private Limited, buy the company report.
Recent activity
RML Agtech Private Limited has 22 board changes on record since 2012: 3 appointments and 19 cessations. The latest: Sain Dass ceased to be Director on 27 Dec 2019.
13 earlier events are in the company report.
Frequently asked questions
RML Agtech is an active private limited company based in Mumbai, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 20 February 2008 (18+ years old) and is registered under CIN U74999MH2008PTC179149.
RML Agtech has 3 current directors:
- Sunil Jain - Director
- Sain Dass - Director
- Madhuri Dhanraj Sawant - Nominee Director
The latest financial statements of RML Agtech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 02 August 2019. Year-wise statements from 2015 are in the company report.
No. RML Agtech has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of RML Agtech is U74999MH2008PTC179149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RML Agtech has 10 court cases on record: 10 filed against it. 3 are pending. Most are in the nclat.
RML Agtech was incorporated on 20 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
RML Agtech has 10 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹40.36 Cr; the latest was in October 2017.
The peers of RML Agtech by revenue are Rattihalli Mallikarjuna Farmer Producer Company Limited, Purvik Farmers Producer Company Limited, Ghatakpukur Agro Producer Company Limited, Dhanyak Jeevika Agri Producer Company Limited, all in the Agriculture industry (Agri Services), with the same principal business activity (support activities to agriculture and other activities including hunting).
Sain Dass ceased to be Director on 27 Dec 2019. Sunil Jain ceased to be Director on 27 Dec 2019. Prakash Chand Pooja ceased to be Company Secretary on 23 Dec 2019. RML Agtech has 22 board changes on record in total.
RML Agtech can be reached through the website rmlagtech.com. Its registered office is in Mumbai, Maharashtra, India.