MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-14-0004185
Somanath Crop Science India Private Limited - agriculture in Gadag, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹14.89 Cr
▼ 22% YoY
Net profit · FY 2022
₹4.13 Cr
Net margin 27.7%
EBITDA · FY 2022
₹4.54 Cr
EBITDA margin 30.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
40
Provident fund records
About Somanath Crop Science India Private Limited
Data last updated:
Somanath Crop Science India Private Limited is a private limited company based in Gadag, Karnataka, India, a subsidiary of Somanath Seeds Private Limited. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 22 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01200KA2015PTC078471. Its GSTIN is 29AAVCS3700K1ZT (Karnataka). The company holds 2 GST registrations, all of them 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 Praveenagouda Shekharagouda Patil (Managing Director) and Vageeshgouda Shekhargouda Patil.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No.2 KIADB Industrial Area Narasapur Near Govt Polytechnic College Betageri, Gadag, Karnataka, India – 582102.
As per the financials filed for FY 2022, the company reported a revenue of ₹14.89 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹4.13 Cr (net margin 27.7%) and EBITDA of ₹4.54 Cr (EBITDA margin 30.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 19% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 117 cases involving the company, including 105 filed by the company and 12 filed against it; 26 cases are pending.
Somanath Crop Science India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-14-0004185). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website somanath.in.
Company details
CIN U01200KA2015PTC078471
Registration Number 078471
Incorporation Date 22 January 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Somanath Seeds Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-14-0004185
Key People
Praveenagouda Shekharagouda Patil Managing Director Vageeshgouda Shekhargouda Patil Director Bharathi Pithan Bharathi Veeramani Director Recognitions & Rankings of Somanath Crop Science India
Contact details
Somanath Crop Science India Private Limited's registered office is in Gadag, Karnataka. Its website is somanath.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.2 KIADB Industrial Area Narasapur Near Govt Polytechnic College Betageri, Gadag, Karnataka, India – 582102
- IndustryAgriculture, Seed Production & Distribution, Crop Protection
To see the full contact details of Somanath Crop Science India Private Limited, buy the company report.
Comprehensive company report
Somanath Crop Science 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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Business activity
The main business activity of Somanath Crop Science India is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Somanath Crop Science India Private Limited, buy the company report.
Financials of Somanath Crop Science India Private Limited
FY 2022 filings availableSomanath Crop Science India Private Limited reported revenue of ₹14.89 Cr (down 22% YoY) for FY 2022.
Revenue · FY 2022
₹14.89 Cr ▼ 22%
Net profit · FY 2022
₹4.13 Cr margin 27.7%
EBITDA · FY 2022
₹4.54 Cr margin 30.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 10%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 403%
3 years · compounded
▲ 62%
5 years · compounded
▲ 174%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 403% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.13 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | 27.7% | ||||
| 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 Somanath Crop Science India Private Limited, buy the company report.
Board of directors of Somanath Crop Science India Private Limited
Somanath Crop Science India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vageeshgouda Shekhargouda Patil Also directs: Somanath Seeds Private Limited | Director | 22 Jan 2015 | 11 Years 9 Months | Current |
| Bharathi Pithan Bharathi Veeramani | Director | 22 Jan 2015 | 11 Years 9 Months | Current |
| Praveenagouda Shekharagouda Patil Also directs: Somanath Seeds Private Limited | Managing Director | 22 Jan 2015 | 11 Years 9 Months | Current |
| Shekharagouda Shankaragouda Patil Also directs: Somanath Seeds Private Limited | Director | 22 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Somanath Crop Science India Private Limited is audited by PARWATAGOUDRA & CHETTY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARWATAGOUDRA & CHETTY | FY 2022 | 002588S |
Shareholding
The shareholding of Somanath Crop Science India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Somanath Crop Science India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2018 | 100205570 | State Bank of India | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Somanath Crop Science India Private Limited has 117 court cases on record: 105 filed by Somanath Crop Science India, 12 filed against it. 26 cases are pending and 91 are disposed.
Total cases
117
Filed by the company
105
Filed against the company
12
Pending
26
Disposed
91
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 115 | 11 | 25 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 117)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by M/S. Foliage Crop Solutions Private Limited., Rep. by Its Director Mr. R. Balaji | Disposed |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against Muskan Agro Traders, Rept. by Its Proprietor Makibulasab S/O Moulasab Hooli | Pending |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against Shri Siddalengeshwar Agro Kendra, by Its Proprietor Veeresh S Soppimath | Pending |
To see the full case history of Somanath Crop Science 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 Somanath Crop Science India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Somanath Crop Science India Private Limited has a workforce of 40 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
2.56%
GST
Somanath Crop Science India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS3700K1ZT | Karnataka | Active | 01 Jul 2017 |
| 33AAVCS3700K1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Somanath Crop Science India Private Limited, buy the company report.
Recent activity
Somanath Crop Science India Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Bharathi Pithan Bharathi Veeramani ceased to be Director on 28 Jul 2021.
AGM
Somanath Crop Science India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Somanath Crop Science India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Bharathi Pithan Bharathi Veeramani ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100205570 was registered on 31 Aug 2018.
Ceased
Praveenagouda Shekharagouda Patil ceased to be Director.
Appointed
Bharathi Pithan Bharathi Veeramani was appointed as Director.
Appointed
Praveenagouda Shekharagouda Patil was appointed as Managing Director.
Appointed
Shekharagouda Shankaragouda Patil was appointed as Director.
Appointed
Vageeshgouda Shekhargouda Patil was appointed as Director.
Incorporation
22 Jan 2015
Somanath Crop Science India Private Limited was registered on 22 Jan 2015 with Roc Bangalore & aged 11 years 9 months as per MCA records.
Frequently asked questions
Somanath Crop Science India is an active private limited company based in Gadag, Karnataka, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 22 January 2015 (11+ years old) and is registered under CIN U01200KA2015PTC078471.
Somanath Crop Science India has 4 current directors:
- Praveenagouda Shekharagouda Patil - Managing Director
- Vageeshgouda Shekhargouda Patil - Director
- Bharathi Pithan Bharathi Veeramani - Director
- Shekharagouda Shankaragouda Patil - Director
The latest financial statements of Somanath Crop Science India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Somanath Crop Science India is 29AAVCS3700K1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAVCS3700K1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Somanath Crop Science India is U01200KA2015PTC078471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somanath Crop Science India has 117 court cases on record: 105 filed by the company and 12 filed against it. 26 are pending. Most are in the district courts.
Somanath Crop Science India was incorporated on 22 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Bharathi Pithan Bharathi Veeramani ceased to be Director on 28 Jul 2021. Praveenagouda Shekharagouda Patil ceased to be Director on 27 Jan 2015. Bharathi Pithan Bharathi Veeramani was appointed as Director on 22 Jan 2015. Somanath Crop Science India has 6 board changes on record in total.
Yes, Somanath Crop Science India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-14-0004185).
Somanath Crop Science India can be reached through the website somanath.in. Its registered office is in Gadag, Karnataka, India.
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