Able Oils And Agro Private Limited logo

Able Oils And Agro Private Limited

Produces oils for snack and ready-to-eat food, established in 2016.
2016 | Wankaner, Gujarat (India) | Active

Last Updated:

June 17, 2024
HomeCompanyAble Oils And Agro Private Limited

Who are the key members and board of directors at Able Oils And Agro?

Board Members(5)

NameDesignationAppointment DateStatus
Narotam Sarsawadia In Director 20-Jul-2016Current
Suniti Sarsawadia In Director 14-Sep-2017Current
Nileshkumar Sarshavdiya In Director 30-Mar-2023Current
Mayank Bhalodia In Director 30-Mar-2023Current
Bachubhai Patel In Director 30-Mar-2023Current

Financial Performance of Able Oils And Agro.

Able Oils And Agro Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.61% decrease. The company also saw a slight decrease in profitability, with a 4.9% decrease in profit. The company's net worth Soared by an impressive increase of 41.3%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-79.61%
Revenue from Operations
-79.76%
Total Assets
7.92%
Profit or Loss
-4.90%
Net Worth
41.30%
EBITDA
-1.27%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹19.56 Cr

₹9.10 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 20 Oct 2018
₹19.56 CrOpen

Sidbi

Creation Date: 23 Feb 2018
₹9.10 CrSatisfied

How Many Employees Work at Able Oils And Agro?

Unlock and access historical data on people associated with Able Oils And Agro, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Alerts

Latest Updates, News, and FAQs on Able Oils And Agro

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 19.56 Cr registered on 20 Oct 2018 with Charge ID 100214975 was modified on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge registered on 23 Feb 2018 via Charge ID 100156753 with Sidbi was fully satisfied on 02 Jan 2024.

    02 Jan 2024

  • Annual General Meeting

    Able Oils And Agro Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Able Oils And Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Nileshkumar Dhirajlal Sarshavdiya was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 9 months .

    30 Mar 2023

  • Director Appointment

    Mayank Devkaran Bhalodia was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 9 months .

    30 Mar 2023

Frequently asked questions

  • Able Oils And Agro Private Limited was incorporated on 20 Jul 2016.

  • The authorized share capital of Able Oils And Agro Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.28 Cr.

  • Currently 5 directors are associated with Able Oils And Agro Private Limited.

    • Narotam Ravjibhai Sarsawadia
    • Suniti Narotam Sarsawadia
    • Nileshkumar Dhirajlal Sarshavdiya
    • Mayank Devkaran Bhalodia
    • Bachubhai Kuverji Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Able Oils And Agro Private Limited is Bhojpara 8A Nh Way Lunsar Road, Wankaner, Gujarat, India, 363621.

  • The corporate identification number (CIN) of Able Oils And Agro Private Limited is U15142GJ2016PTC093018 and the company number is 093018 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Able Oils And Agro Private Limited is https://www.ableoils.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Able Oils And Agro Private Limited has fallen by -79.61%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Able Oils And Agro Private Limited has experienced an upsurge of 41.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Able Oils And Agro Private Limited amount to ₹ 19.56 Cr.

  • The most recent Balance Sheet for Able Oils And Agro Private Limited was filed with the ROC on 31 Mar 2023.

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