Abt Foods Agrovet Limited

Company manufactures and markets a wide range of food and dairy products through various channels.

1986 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Abt Foods Agrovet Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 19.85 Cr
  • Company Age 38 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.06 Cr
  • Satisfied Charges ₹ 60.90 Cr
  • Revenue Growth 14.82%
  • Profit Growth -203.57%
  • Ebitda -477.46%
  • Net Worth -0.81%
  • Total Assets 3.01%

About Abt Foods Agrovet

Abt Foods Agrovet Limited (AFAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 July 1986 and has a history of 38 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sakthi Beverages Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 24.00 Cr and a paid-up capital of Rs 19.85 Cr.

The company currently has active open charges totaling ₹48.06 Cr. The company has closed loans amounting to ₹60.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abt Foods Agrovet Limited India are Muthusamy Natarajan as CFO and Gayathri Haridas as Company Secretary. N Ravi, Balagopala Velayudasamy, Prakash Kasiappagounder, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01551TZ1986PLC007199

  • Company No.

    007199

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Agriculture
Financial Services

What products or services does Abt Foods Agrovet Limited offer?

Abt Foods Agrovet Limited offers a wide range of products and services, including Instant Mixes, Mtr Instant Mixes.

Who are the key members and board of directors at Abt Foods Agrovet?

Executive Team (2)

NameDesignationAppointment DateStatus
Muthusamy Natarajan Country flag representing In CFO01-Oct-2014Current
Gayathri Haridas Country flag representing In Company Secretary14-Mar-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
N Ravi Country flag representing In Director 29-Jun-1990Current
Balagopala Velayudasamy Country flag representing In Director 14-Jul-1986Current
Prakash Kasiappagounder Country flag representing In Whole-Time Director 27-Dec-2021Current
Sundaraswamy Veluswamy Country flag representing In Director 12-Dec-2016Current

Financial Performance of Abt Foods Agrovet.

Abt Foods Agrovet Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.82% increase. The company also saw a substantial fall in profitability, with a 203.57% decrease in profit. The company's net worth dipped by a decrease of 0.81%.

Abt Foods Agrovet revenue growth over time
Abt Foods Agrovet profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.82%
Revenue from Operations
17.29%
Total Assets
3.01%
Profit or Loss
-203.57%
Net Worth
-0.81%
EBITDA
-477.46%

What is the Ownership and Shareholding Structure of Abt Foods Agrovet?

In 2023, Abt Foods Agrovet had a promoter holding of 0.06% and a public holding of 99.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.06 Cr

Satisfied Charges

₹60.90 Cr

Charges Breakdown by Lending Institutions

  • M/S Catholic Syrian Bank Limited : 21.45 Cr
  • Others : 14.30 Cr
  • M/S The Nedungadi Bank Limited : 6.50 Cr
  • M/S Canara Bank : 3.10 Cr
  • Bank Of India : 1.25 Cr
  • Others : 1.46 Cr

Latest Charge Details

DateLenderAmountStatus
04 Oct 2016Others₹3.52 CrOpen
01 Sep 2016Others₹3.49 CrOpen
29 Jul 2016Others₹3.91 CrOpen
24 Jun 2016Others₹3.38 CrOpen
13 Dec 2004M/S Catholic Syrian Bank Limited₹21.45 CrOpen

How Many Employees Work at Abt Foods Agrovet?

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

Employee growth trends for Abt Foods Agrovet Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abt Foods Agrovet, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abt Foods Agrovet's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abt Foods Agrovet

Recent activity within the organization

  • Annual General Meeting

    Abt Foods Agrovet Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Abt Foods Agrovet Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Prakash Kasiappagounder was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Dec 2021 & has been associated with this company since 3 years 3 months .

  • Director Appointment

    Gayathri Haridas was appointed as a Company Secretary was appointed as a Company Secretary on 14 Mar 2017 & has been associated with this company since 8 years 13 days .

  • Charges

    A charge registered on 19 Mar 1996 via Charge ID 90002915 with M/S Global Trust Bank Limited was fully satisfied on 20 Feb 2017.

  • Director Appointment

    Sundaraswamy Veluswamy was appointed as a Director was appointed as a Director on 12 Dec 2016 & has been associated with this company since 8 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Abt Foods Agrovet Limited?

    Abt Foods Agrovet Limited was incorporated on 14 Jul 1986.

  • What is authorized share capital and paid-up capital of Abt Foods Agrovet Limited?

    The authorized share capital of Abt Foods Agrovet Limited is ₹ 24.00 Cr and paid-up capital is ₹ 19.85 Cr.

  • Who are the current board members & directors of Abt Foods Agrovet Limited?

    Currently 6 directors are associated with Abt Foods Agrovet Limited.

    • N V Ravi
    • Balagopala Kulandai Krishnaraj Vanavarayar Velayudasamy
    • Prakash Kasiappagounder
    • Sundaraswamy Veluswamy
    • Muthusamy Natarajan
    • Gayathri Haridas

  • What is the registered address of Abt Foods Agrovet Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abt Foods Agrovet Limited is 180 Race Course Road India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Abt Foods Agrovet Limited?

    The corporate identification number (CIN) of Abt Foods Agrovet Limited is U01551TZ1986PLC007199 and the company number is 007199 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Abt Foods Agrovet Limited?

    The Official website of Abt Foods Agrovet Limited is https://www.abtfoods.com

  • What has been the recent revenue trend for Abt Foods Agrovet Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Abt Foods Agrovet Limited has risen by 14.82%.

  • What change has been observed in the net worth of Abt Foods Agrovet Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Abt Foods Agrovet Limited has experienced an downturn of -0.81%.

  • What are the total open charges for Abt Foods Agrovet Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Abt Foods Agrovet Limited amount to ₹ 48.06 Cr.

  • When was the last Balance Sheet of Abt Foods Agrovet Limited filed with the ROC?

    The most recent Balance Sheet for Abt Foods Agrovet Limited was filed with the ROC on 31 Mar 2023.

People also Viewed