Aero Agro Chemical Industries Ltd.

Manufacturer of phenoxy herbicides with global exports and production capacity of 4,800 MTPA.

1988 | Kolkata, West Bengal (India) | Active
Last Updated: October 23, 2024

Aero Agro Chemical Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.90 Cr
  • Paid Up Capital ₹ 4.05 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.22 Cr
  • Satisfied Charges ₹ 7.37 Cr
  • Revenue Growth 21.04%
  • Profit Growth 54.71%
  • Ebitda 44.41%
  • Net Worth 42.67%
  • Total Assets 18.59%

About Aero Agro Chemical Industries

Aero Agro Chemical Industries Ltd. (AACIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 September 1988 and has a history of 36 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Aero Agro Chemical Industries Private 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 4.90 Cr and a paid-up capital of Rs 4.05 Cr.

The company currently has active open charges totaling ₹25.22 Cr. The company has closed loans amounting to ₹7.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahabir Khaitan, Veekash Khaitan, Pawan Sanganeria, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aacil.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24119WB1988PLC045309

  • Company No.

    045309

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

What products or services does Aero Agro Chemical Industries Ltd. offer?

Aero Agro Chemical Industries Ltd. offers a wide range of products and services, including Insecticides and Pesticides, Herbicides, Weedicide, Agricultural Herbicides, Chemical Reagents & Catalysts, Fatty Esters, Industrial Chemicals & Supplies, Liquid Phenol, Organic and Inorganic Solvents, Alcohol Solvents.

Who are the key members and board of directors at Aero Agro Chemical Industries?

Board Members (5)

NameDesignationAppointment DateStatus
Mahabir Khaitan Country flag representing In Director 30-Sep-1988Current
Veekash Khaitan Country flag representing In Whole-Time Director 05-Jan-2001Current
Pawan Sanganeria Country flag representing In Director 21-Jun-1990Current
Priti Khaitan Country flag representing In Director 01-Mar-2019Current
Rajrani Khaitan Country flag representing In Director 01-Mar-2019Current

Financial Performance of Aero Agro Chemical Industries.

Aero Agro Chemical Industries Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 21.04% increase. The company also saw a substantial improvement in profitability, with a 54.71% increase in profit. The company's net worth Soared by an impressive increase of 42.67%.

Graph illustrating revenue growth over time
Graph showing 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
21.04%
Revenue from Operations
20.38%
Total Assets
18.59%
Profit or Loss
54.71%
Net Worth
42.67%
EBITDA
44.41%

What is the Ownership and Shareholding Structure of Aero Agro Chemical Industries?

In 2023, Aero Agro Chemical Industries had a promoter holding of 84.42% and a public holding of 15.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.22 Cr

Satisfied Charges

₹7.37 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 22.90 Cr
  • Others : 2.32 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2018Axis Bank Limited₹9.90 CrOpen
29 Dec 2015Others₹2.32 CrOpen
28 Nov 2014Axis Bank Limited₹13.00 CrOpen
20 Aug 2016Others₹8.47 MSatisfied
31 Jul 2013Deutsche Bank Ag₹2.32 CrSatisfied

How Many Employees Work at Aero Agro Chemical Industries?

Aero Agro Chemical Industries has a workforce of 70 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aero Agro Chemical Industries, 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 Aero Agro Chemical Industries'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 Aero Agro Chemical Industries

Recent activity within the organization

  • Annual General Meeting

    Aero Agro Chemical Industries Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aero Agro Chemical Industries Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 20 Aug 2016 via Charge ID 100045707 with Others was fully satisfied on 11 Nov 2019.

    11 Nov 2019

  • Director Appointment

    Priti Khaitan was appointed as a Director was appointed as a Director on 01 Mar 2019 & has been associated with this company since 5 years 11 months .

    01 Mar 2019

  • Director Appointment

    Rajrani Khaitan was appointed as a Director was appointed as a Director on 01 Mar 2019 & has been associated with this company since 5 years 11 months .

    01 Mar 2019

  • Charges

    A charge with Axis Bank Limited of Rs. 13.00 Cr registered on 28 Nov 2014 with Charge ID 10537570 was modified on 16 Feb 2018.

    16 Feb 2018

Frequently asked questions

  • Aero Agro Chemical Industries Ltd. was incorporated on 30 Sep 1988.

  • The authorized share capital of Aero Agro Chemical Industries Ltd. is ₹ 4.90 Cr and paid-up capital is ₹ 4.05 Cr.

  • Currently 5 directors are associated with Aero Agro Chemical Industries Ltd..

    • Mahabir Prasad Khaitan
    • Veekash Khaitan
    • Pawan Sanganeria
    • Priti Khaitan
    • Rajrani Khaitan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aero Agro Chemical Industries Ltd. is 1858/1 Rajdanga Main Road Merlin Acropolis Building, 7Th Floor Roo M - 7/7 India, Kolkata, West Bengal, 700107.

  • The corporate identification number (CIN) of Aero Agro Chemical Industries Ltd. is U24119WB1988PLC045309 and the company number is 045309 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aero Agro Chemical Industries Ltd. is https://www.aacil.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aero Agro Chemical Industries Ltd. has risen by 21.04%.

  • As Per 2023 financial reports, 70 employees are currently employed by Aero Agro Chemical Industries Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aero Agro Chemical Industries Ltd. has experienced an upsurge of 42.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aero Agro Chemical Industries Ltd. amount to ₹ 25.22 Cr.

  • The most recent Balance Sheet for Aero Agro Chemical Industries Ltd. was filed with the ROC on 31 Mar 2023.