About Upl Sustainable Agri Solutions Limited
Data last updated:
Upl Sustainable Agri Solutions Limited is a public limited company based in Pardi, Gujarat, India, a subsidiary of Upl Limited. It operates in the crop protection segment of the agriculture sector. It was incorporated on 03 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01403GJ2010PLC173906. Its GSTIN is 24AABCO3982H1ZE (Gujarat). The company holds 23 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.64 Cr. It was formerly known as Optima Farm Solutions Limited. It is led by directors including Ravishankar Cherukuri (Whole-Time Director) and Usha Rao Monari.
Its last annual general meeting (AGM) was held on 15 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pardi, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹2,555 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹350 Cr (net margin 13.7%) and EBITDA of ₹546 Cr (EBITDA margin 21.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Optima Farm Solutions. As per MCA filings, the company has satisfied charges of ₹1.1 Cr on record. Court records list 679 cases involving the company, including 671 filed by the company and 8 filed against it; 346 cases are pending. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in February 2023. The company has 8 MSME Form 1 returns on record between 2021 and 2024, listing 147 overdue payments to 28 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website optfarms.com.
Company details
CIN history
Upl Sustainable Agri Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U01403GJ2010PLC173906, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01403GJ2010PLC173906 | Current |
| U01403DL2010PLC206625 | Previous |
| U01403MH2010PLC312849 | Previous |
Contact details
Upl Sustainable Agri Solutions Limited's registered office is in Pardi, Gujarat.
- Social Media
- Registered Address3 – 11 GIDC, Vapi Valsad, Pardi, Gujarat, India – 396195
- IndustryAgriculture, Crop Protection
- 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
Upl Sustainable Agri Solutions operates one associated brand: Optima Farm Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality agrochemical products for agricultural use. | optfarms.com |
Business activity
The main business activities of Upl Sustainable Agri Solutions are wholesale and retail trade; repair of motor vehicles and motorcycles and trade. In detail, this covers wholesale trade, except of motor vehicles and motorcycles and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Upl Sustainable Agri Solutions Limited, buy the company report.
Financials of Upl Sustainable Agri Solutions Limited
FY 2026 filings availableUpl Sustainable Agri Solutions Limited reported revenue of ₹2,555 Cr (up 1% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 59% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2,555 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹546 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹350 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.4% | ||||
| Net Profit Margin | 13.7% | ||||
| 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 Upl Sustainable Agri Solutions Limited, buy the company report.
Board of directors of Upl Sustainable Agri Solutions Limited
Upl Sustainable Agri Solutions has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nawal Saini | Nominee Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Puneet Bhatia Also directs: Avarta Investment Managers LLP, Havells India Limited, Manipal Health Enterprises Limited and 5 more | Nominee Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Jaidev Rajnikant Shroff | Nominee Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Vikram Rajnikant Shroff | Nominee Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Ravishankar Cherukuri Also directs: Swal Corporation Limited, Arysta Lifescience India Limited, Nurture Agtech Limited and 1 more | Whole-Time Director | 01 Oct 2025 | 1 Years 1 Months | Current |
| Usha Rao Monari | Director | 09 Aug 2023 | 3 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2023 | 100751023 | State Bank of India | ₹1.1 Cr | Satisfied |
To see the full charge records of Upl Sustainable Agri Solutions Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Upl Sustainable Agri Solutions Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in February 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Rights issue | ₹1,580 Cr | Investors: Upswing Trustee Company Limited, Woodhall Holdings (DIFC) Limited |
| Jan 2023 | Rights issue | ₹221 Cr | Investors: Upl Limited |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Upl Limited Seller: Swal Corporation Limited |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: Swal Corporation Limited Seller: Crop Health Products Limited |
| Dec 2011 | Funding round | ₹1.5 Cr | Investors: Crop Health Products Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Upl Sustainable Agri Solutions Limited has 679 court cases on record: 671 filed by Upl Sustainable Agri Solutions, 8 filed against it. 346 cases are pending and 333 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 673 | 5 | 344 |
| High courts | 5 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 679)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Commercial matter | Filed against the company by Upl Ltd Through Its Autorized Representative Mayur Vallabhbhai Ghoniya | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Upl Limited | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S Foggerwala Pvt. Ltd. | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S Prabhukul Farms and Producer Company Limited and 5 others | Pending |
| District court, KOPPAL, Karnataka | Criminal complaint | Filed against the company by State Through Sunil Kumar Mt,Assis Director of Agri and Pesticide Inspector,Koppal | Pending |
To see the full case history of Upl Sustainable Agri Solutions 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
Upl Sustainable Agri Solutions Limited has 8 MSME Form 1 returns on record between 2021 and 2024, listing 147 overdue payments to 28 micro and small suppliers. 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 (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vora & Associates | |||
| an individual supplier | |||
| Phytochem Remedies (India) Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Upl Sustainable Agri Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Upl Sustainable Agri Solutions has 23 GST registrations: 20 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCO3982H1ZE | Gujarat | Active | 23 Apr 2021 |
| 01AABCO3982H2ZL | Jammu and Kashmir | Active | 08 Jul 2017 |
| 09AABCO3982H2Z5 | Uttar Pradesh | Active | 01 Mar 2021 |
| 27AABCO3982H2Z7 | Maharashtra | Active | 02 Mar 2021 |
To see the full GST registrations and return filing status of Upl Sustainable Agri Solutions Limited, buy the company report.
Recent activity
Upl Sustainable Agri Solutions Limited has 25 board changes on record since 2014: 7 appointments and 18 cessations. The latest: Ravishankar Cherukuri was appointed as Whole-Time Director on 01 Oct 2025.
19 earlier events are in the company report.
Frequently asked questions
Upl Sustainable Agri Solutions is an active public limited company based in Pardi, Gujarat, India. The company works in crop protection, within the agriculture industry. It was incorporated on 03 August 2010 (16+ years old) and is registered under CIN U01403GJ2010PLC173906.
Upl Sustainable Agri Solutions has 7 current directors:
- Ravishankar Cherukuri - Whole-Time Director
- Nawal Saini - Nominee Director
- Puneet Bhatia - Nominee Director
- Jaidev Rajnikant Shroff - Nominee Director
- Vikram Rajnikant Shroff - Nominee Director
- Usha Rao Monari - Director
- Bhanumathi Viswanathan Melattur - Director
The latest financial statements of Upl Sustainable Agri Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Upl Sustainable Agri Solutions is 24AABCO3982H1ZE, registered in Gujarat. The company has 23 GST registrations in all, of which 20 are active and 3 are cancelled or inactive. Other active GSTINs include 01AABCO3982H2ZL (Jammu and Kashmir), 09AABCO3982H2Z5 (Uttar Pradesh), 27AABCO3982H2Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Upl Sustainable Agri Solutions is U01403GJ2010PLC173906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upl Sustainable Agri Solutions has 679 court cases on record: 671 filed by the company and 8 filed against it. 346 are pending. Most are in the district courts.
Upl Sustainable Agri Solutions was incorporated on 03 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Upl Sustainable Agri Solutions has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in February 2023.
Ravishankar Cherukuri was appointed as Whole-Time Director on 01 Oct 2025. Ravishankar Cherukuri ceased to be Additional Director on 01 Oct 2025. Bhanumathi Viswanathan Melattur ceased to be Additional Director on 28 Sep 2023. Upl Sustainable Agri Solutions has 25 board changes on record in total.
Upl Sustainable Agri Solutions has 8 MSME Form 1 returns on record between 2021 and 2024, listing 147 overdue payments to 28 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Upl Sustainable Agri Solutions can be reached through the website optfarms.com. Its registered office is in Pardi, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
