Spa Agro Limited
About Spa Agro Limited
Data last updated:
Spa Agro Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 04 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1994PLC016344.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.11 Cr. It is led by directors including Prashant Kumar Kajaria (Managing Director) and Sushil Kumar Kajaria.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.65 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹10.73 Lakh (net margin 25.2%) and EBITDA of ₹15.27 Lakh (EBITDA margin 35.8%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹7.36 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressUnit No 2 A C – Portion 2nd Floor Saroj Square 1& 2 Silver Spring Road Munnekolalu Ma, Rathahalli, Bangalore, Karnataka, India – 560037
- IndustryAgriculture, 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
- One PDF report, delivered after checkout
Business Activity of Spa Agro Limited
The main business activity of Spa Agro is agriculture, forestry, fishing. In detail, this covers 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spa Agro Limited FY 2025 filings available
Spa Agro Limited reported revenue of ₹42.65 Lakh (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spa Agro Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 47% fall in the latest year. EBITDA rose 87% 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 of Spa Agro Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.73 Lakh | •••• | •••• | •••• | •••• |
| 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 of Spa Agro Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spa Agro are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Spa Agro Limited
Spa Agro Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agri Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Muradnagar Fruits Producer Company Limited | ₹42.75 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Gamut Products Private Limited | ₹42.75 Lakh (FY 2024) | •••• | •••• | 2608.0% | •••• | Delhi, India |
| Srujan Organic Commodities Private Limited | ₹42.73 Lakh (FY 2021) | •••• | •••• | 61.0% | •••• | Kolhapur, Maharashtra, India |
| Tiruvannamalai Oil Crops Fed Farmers Producer Company Limited | ₹42.68 Lakh (FY 2025) | •••• | •••• | 202.0% | •••• | Narayanakuppam, Tamil Nadu, India |
| 9Growers India Private Limited | ₹42.68 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Spa Agro Limited this company | ₹42.65 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Vasudevatma Farmers Producer Company Limited | ₹42.59 Lakh (FY 2024) | •••• | •••• | 433.0% | •••• | Gondia, Maharashtra, India |
| Godse Agro Farmer Producer Company Limited | ₹42.56 Lakh (FY 2024) | •••• | •••• | 127.0% | •••• | Buldana, Maharashtra, India |
| S.Agri Udaan Private Limited | ₹42.54 Lakh (FY 2023) | •••• | •••• | 376.0% | •••• | Ahmedabad, Gujarat, India |
| Barhi Poultry Farming and Vegetable Cultivation Producer Company Limited | ₹42.52 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Barhi, Jharkhand, India |
| Chandrabhaga Shetkari Producer Company Limited | ₹42.5 Lakh (FY 2025) | •••• | •••• | 813.0% | •••• | Hingoli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spa Agro by revenue in the Agriculture industry (Agri Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spa Agro Limited
Spa Agro Limited is audited by TSJ & Associates LLP; for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TSJ & Associates LLP; | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spa Agro Limited
Spa Agro has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Kajaria Also directs: Spa Flora Private Limited, Vanshika Flowers Private Limited, Shivangi Flowers Private Limited and 5 more | Director | 04 Oct 1994 | 32 Years 0 Months | Current |
| Prashant Kumar Kajaria Also directs: Spa Flora Private Limited, Vanshika Flowers Private Limited, Shivangi Flowers Private Limited and 5 more | Managing Director | 04 Oct 1994 | 32 Years 0 Months | Current |
| Ritu Kajaria Also directs: Spa Flora Private Limited, Vanshika Flowers Private Limited, Shivangi Flowers Private Limited and 5 more | Director | 04 Oct 1994 | 32 Years 0 Months | Current |
| Amit Kumar Kajaria Also directs: Spa Flora Private Limited, Vanshika Flowers Private Limited, Shivangi Flowers Private Limited and 5 more | Director | 04 Oct 1994 | 32 Years 0 Months | Current |
Ownership and Shareholding of Spa Agro Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spa Agro Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2000 | Canara Bank | ₹20 Lakh | Satisfied |
| 18 Jul 1996 | National Horticure Board | ₹1 Cr | Satisfied |
| 11 Dec 1995 | Idbi Bank Limited | ₹64 Lakh | Satisfied |
| 01 Dec 1995 | Canara Bank | ₹38.36 Lakh | Satisfied |
| 01 Dec 1995 | Canara Bank | ₹38.36 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Spa Agro Limited
Spa Agro Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Elastic Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Spa Agro Limited
Spa Agro Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| B S D & Co | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Spa Agro Limited
Employment history and EPFO contributions of people linked to Spa Agro.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Spa Agro Limited
Spa Agro has one previous CIN (Corporate Identification Number): U01211KA1994PTC016344. The current CIN is U85110KA1994PLC016344, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1994PLC016344 | Current |
| U01211KA1994PTC016344 | Previous |
Recent Activity on Spa Agro Limited
Spa Agro Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Gouri Devi Kajaria ceased to be Director on 30 Dec 2015.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spa Agro Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spa Agro Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spa Agro Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spa Agro Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spa Agro Limited
Spa Agro is an active public limited company based in Bangalore, Karnataka, India. The company works in agri support services, within the agriculture industry. It was incorporated on 04 October 1994 (32+ years old) and is registered under CIN U85110KA1994PLC016344.
Spa Agro reported revenue of ₹42.65 Lakh for FY 2025 (down 47% YoY).
Spa Agro has 4 current directors:
- Prashant Kumar Kajaria - Managing Director
- Sushil Kumar Kajaria - Director
- Ritu Kajaria - Director
- Amit Kumar Kajaria - Director
Spa Agro reported a net profit of ₹10.73 Lakh (net margin 25.2%) and EBITDA of ₹15.27 Lakh (EBITDA margin 35.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spa Agro is -51% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Spa Agro is U85110KA1994PLC016344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spa Agro has 2 court cases on record: 2 filed against it.
Spa Agro was incorporated on 04 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Spa Agro by revenue are Muradnagar Fruits Producer Company Limited, Gamut Products Private Limited, Srujan Organic Commodities Private Limited, Tiruvannamalai Oil Crops Fed Farmers Producer Company Limited, 9Growers India Private Limited and 5 more, all in the Agriculture industry (Agri Services).
Gouri Devi Kajaria ceased to be Director on 30 Dec 2015. Amit Kumar Kajaria was appointed as Director on 04 Oct 1994. Prashant Kumar Kajaria was appointed as Managing Director on 04 Oct 1994. Spa Agro has 5 board changes on record in total.
Spa Agro has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 21 Feb 2021.
The registered office of Spa Agro is at Unit No 2 A C – Portion 2nd Floor Saroj Square 1& 2 Silver Spring Road Munnekolalu Ma, Rathahalli, Bangalore, Karnataka, India – 560037.