Sidhvin Agro Products Limited
About Sidhvin Agro Products Limited
Data last updated:
Sidhvin Agro Products Limited is a public limited company based in Vijayawada, Andhra Pradesh, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 03 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17232AP1997PLC027240. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Ashish Bhararia (Whole-Time Director) and Srikanth Bhararia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Door No.39 – 16 – 11 Sri Girisai Towers Flat No.G – 1 Ricemill Road Labbipet, Vijayawada, Andhra Pradesh, India – 520010.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.22 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.8 Lakh (net margin -107.1%) and EBITDA of -₹59,190 (EBITDA margin -7.2%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 71% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sidhvin Agro Products Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No.39 – 16 – 11 Sri Girisai Towers Flat No.G – 1 Ricemill Road Labbipet, Vijayawada, Andhra Pradesh, India – 520010
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Sidhvin Agro Products 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
Business activity
The main business activity of Sidhvin Agro Products 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 Sidhvin Agro Products Limited, buy the company report.
Financials of Sidhvin Agro Products Limited
FY 2020 filings availableSidhvin Agro Products Limited reported revenue of ₹8.22 Lakh (up 8952% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years. EBITDA rose 82% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.22 Lakh | ||||
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| EBITDA | -₹59,190 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.8 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.2% | ||||
| Net Profit Margin | -107.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Sidhvin Agro Products Limited, buy the company report.
Board of directors of Sidhvin Agro Products Limited
Sidhvin Agro Products has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koushik Bhararia Also directs: Ramdev Industries Limited | Director | 22 Jun 2018 | 8 Years 4 Months | Current |
| Ashish Bhararia | Whole-Time Director | 10 May 2011 | 15 Years 5 Months | Current |
| Srikanth Bhararia Also directs: Ramdev Industries Limited | Whole-Time Director | 10 May 2011 | 15 Years 5 Months | Current |
Peer comparison
Sidhvin Agro Products Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Staple Foods), 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 |
|---|---|---|---|---|---|---|
| Vanguard Marine Pvt Ltd | ₹8.24 Lakh (FY 2016) | -85.0% | Mumbai, Maharashtra, India | |||
| Sita Rice Mills Private Limited | ₹8.23 Lakh (FY 2025) | 44.0% | Bhubaneswar, Odisha, India | |||
| Sidhvin Agro Products Limitedthis company | ₹8.22 Lakh (FY 2020) | -₹8.8 Lakh | -107.1% | 8952.0% | 12 | Vijayawada, Andhra Pradesh, India |
| Sonaplast Extrusions Private Limited | ₹8.02 Lakh (FY 2020) | -57.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Sidhvin Agro Products Limited, buy the company report.
Auditor
Sidhvin Agro Products Limited is audited by BONDADA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BONDADA & ASSOCIATES | FY 2019 | 011655S |
Shareholding
The shareholding of Sidhvin Agro Products 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 Sidhvin Agro Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2006 | 90344083 | Lakshmi Vilas Bank Limited | ₹3.5 Cr | Open |
To see the full charge records of Sidhvin Agro Products Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sidhvin Agro Products Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sidhvin Agro Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sidhvin Agro Products Limited has a workforce of 12 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Sidhvin Agro Products 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 Sidhvin Agro Products Limited, buy the company report.
Recent activity
Sidhvin Agro Products Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Koushik Bhararia ceased to be Additional Director on 28 Sep 2019.
5 earlier events are in the company report.
Frequently asked questions
Sidhvin Agro Products is an active public limited company based in Vijayawada, Andhra Pradesh, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 03 June 1997 (29+ years old) and is registered under CIN U17232AP1997PLC027240.
Sidhvin Agro Products has 3 current directors:
- Ashish Bhararia - Whole-Time Director
- Srikanth Bhararia - Whole-Time Director
- Koushik Bhararia - Director
The latest financial statements of Sidhvin Agro Products on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Sidhvin Agro Products has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sidhvin Agro Products is U17232AP1997PLC027240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sidhvin Agro Products was incorporated on 03 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Sidhvin Agro Products by revenue are Vanguard Marine Pvt Ltd, Sita Rice Mills Private Limited, Sonaplast Extrusions Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Staple Foods), with the same principal business activity (wholesale trading).
Koushik Bhararia ceased to be Additional Director on 28 Sep 2019. Koushik Bhararia was appointed as Director on 22 Jun 2018. Babulal Bhararia ceased to be Managing Director on 18 Jun 2018. Sidhvin Agro Products has 12 board changes on record in total.
The registered office of Sidhvin Agro Products is at Door No.39 – 16 – 11 Sri Girisai Towers Flat No.G – 1 Ricemill Road Labbipet, Vijayawada, Andhra Pradesh, India – 520010.
Sidhvin Agro Products operates in the food and beverages industry, in the staple foods and grains segment.
Sidhvin Agro Products has open charges of ₹3.5 Cr and no satisfied charges on record as per latest MCA filings.
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