About Tropical Agro System (India) Private Limited
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Tropical Agro System (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 01 December 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN1969PTC005774. Its GSTIN is 33AAACT4250E1ZU (Tamil Nadu). The company holds 29 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.48 Cr. It was formerly known as Tropical Agro System (India) Limited. It is led by directors including Dinesh Kumar and Yogesh Dwivedi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,256.88 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹66.69 Cr (net margin 5.3%) and EBITDA of ₹116.85 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹530.21 Cr and satisfied charges of ₹201.8 Cr on record. Court records list 363 cases involving the company, including 311 filed by the company and 52 filed against it; 167 cases are pending. The company has 15 deals on record (14 secondary share transfers, 1 funding round), with disclosed funding of ₹5.11 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tropicalagro.in.
Company details
CIN history
Tropical Agro System (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110TN1969PTC005774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN1969PTC005774 | Current |
| U24210TN1969PTC005774 | Previous |
| U24210TN1969PLC005774 | Previous |
Contact details
Tropical Agro System (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is tropicalagro.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOld No. 195 New No. 82, St. Marys Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryAgriculture, Fertilizers & Soil Enhancers, Crop Protection
To see the full contact details of Tropical Agro System (India) 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
Business activity
The main business activity of Tropical Agro System (India) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Tropical Agro System (India) Private Limited, buy the company report.
Financials of Tropical Agro System (India) Private Limited
FY 2024 filings availableTropical Agro System (India) Private Limited reported revenue of ₹1,256.88 Cr (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 17% growth in the latest year. EBITDA rose 5% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,256.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹116.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.69 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Tropical Agro System (India) Private Limited, buy the company report.
Board of directors of Tropical Agro System (India) Private Limited
Tropical Agro System (India) has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar | Director | 04 Sep 2020 | 6 Years 2 Months | Current |
| Yogesh Dwivedi | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Jayaprakash Sadeeshkumar | Director | 25 Apr 2022 | 4 Years 6 Months | Current |
| Thiruvengadam Gurumoorthy Also directs: Ju Agri Sciences and Crop Solutions Private Limited | Director | 01 Nov 2022 | 4 Years 0 Months | Current |
Auditor
Tropical Agro System (India) Private Limited is audited by Mahadev & Co., for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahadev & Co., | FY 2023 | 001924S |
Shareholding
The shareholding of Tropical Agro System (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tropical Agro System (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2024 | 100882899 | Others | ₹55 Cr | Open | |
| 17 Feb 2020 | 100324127 | Citi Bank N.A. | ₹225 Cr | Open | |
| 06 Dec 2019 | 100316421 | Axis Bank Limited | ₹125 Cr | Open | |
| 25 Aug 2015 | 10590039 | Standard Chartered Bank | ₹125 Cr | Open | |
| 12 Jun 2001 | 90294817 | Centurion Bank Ltd. | ₹7 Lakh | Open |
To see the full charge records of Tropical Agro System (India) Private Limited, buy the company report.
Total charge records: 62 View all charges
Deals & funding
Tropical Agro System (India) Private Limited has 15 deals on record (14 secondary share transfers, 1 funding round), with disclosed funding of ₹5.11 Cr; the latest was in March 2024.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Oakley Bowden & Co (madras) Private Limited Seller: Talon (India) Private Ltd , RSJK Project Consultancy Private Limited |
| Jan 2015 | Funding round | ₹5.11 Cr | Investors: Ju Agri Sciences Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Vishakha Tradecom Pvt Ltd , RSJK Project Consultancy Private Limited , Talon (India) Private Ltd Seller: Southern Group Industries Private Limited , Provincial Investment Corpn Pvt Ltd , Suyash Traders And Investors Limited |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: Wood Bird Marketing Private Limited Seller: Kinahar Investment Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Provincial Investment Corpn Pvt Ltd , an individual Seller: Talon (India) Private Ltd , an individual |
To see the full deal history of Tropical Agro System (India) 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
Tropical Agro System (India) Private Limited has 363 court cases on record: 311 filed by Tropical Agro System (India), 52 filed against it. 167 cases are pending and 196 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 337 | 38 | 162 |
| High courts | 26 | 14 | 5 |
Cases on record (5 of 363)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAICHUR, Karnataka | Court case (P.C.) | Filed against the company by an individual | Pending |
| District court, Sangrur, Punjab | Commercial suit | Filed against the company | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against M/S Kissan Kheti Centre | Pending |
To see the full case history of Tropical Agro System (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 Tropical Agro System (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tropical Agro System (India) has 29 GST registrations: 23 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACT4250E1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACT4250E2ZT | Tamil Nadu | Active | 21 Apr 2021 |
| 02AAACT4250E2ZY | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACT4250E1ZX | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tropical Agro System (India) Private Limited, buy the company report.
Recent activity
Tropical Agro System (India) Private Limited has 16 board changes on record since 2008: 4 appointments and 12 cessations. The latest: Thiruvengadam Gurumoorthy ceased to be Additional Director on 29 Sep 2023.
146 earlier events are in the company report.
Frequently asked questions
Tropical Agro System (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 01 December 1969 (57+ years old) and is registered under CIN U74110TN1969PTC005774.
Tropical Agro System (India) has 4 current directors:
- Dinesh Kumar - Director
- Yogesh Dwivedi - Director
- Jayaprakash Sadeeshkumar - Director
- Thiruvengadam Gurumoorthy - Director
The latest financial statements of Tropical Agro System (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Tropical Agro System (India) is 33AAACT4250E1ZU, registered in Tamil Nadu. The company has 29 GST registrations in all, of which 23 are active and 6 are cancelled or inactive. Other active GSTINs include 33AAACT4250E2ZT (Tamil Nadu), 02AAACT4250E2ZY (Himachal Pradesh), 03AAACT4250E1ZX (Punjab).
The CIN (Corporate Identification Number) of Tropical Agro System (India) is U74110TN1969PTC005774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tropical Agro System (India) has 363 court cases on record: 311 filed by the company and 52 filed against it. 167 are pending. Most are in the district courts.
Tropical Agro System (India) was incorporated on 01 December 1969, making it 57+ years old. It is registered with the Registrar of Companies, Chennai.
Tropical Agro System (India) has 15 deals on record (14 secondary share transfers, 1 funding round), with disclosed funding of ₹5.11 Cr; the latest was in March 2024.
Thiruvengadam Gurumoorthy ceased to be Additional Director on 29 Sep 2023. Yogesh Dwivedi was appointed as Director on 22 Nov 2022. Thiruvengadam Gurumoorthy was appointed as Director on 01 Nov 2022. Tropical Agro System (India) has 16 board changes on record in total.
Tropical Agro System (India) can be reached through the website tropicalagro.in. Its registered office is in Chennai, Tamil Nadu, India.
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