Agricon Implements Limited

Manufactures and exports agricultural implements and equipment for farming and gardening purposes.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: December 22, 2024

Agricon Implements Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 29 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Satisfied Charges ₹ 3.04 Cr
  • Revenue Growth -36.32%
  • Profit Growth -1091.20%
  • Ebitda -184.48%
  • Net Worth -13.22%
  • Total Assets 25.64%

About Agricon Implements

Agricon Implements Limited (AIL) is a Public Limited Indian Non-Government Company incorporated in India on 12 February 1996 and has a history of 29 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Forged Farm Products Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹3.00 M. The company has closed loans amounting to ₹3.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bharat Dharia, Shaila Dharia, and Karan Dharia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28900MH1996PLC097140

  • Company No.

    097140

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Agricon Implements Limited offer?

Agricon Implements Limited offers a wide range of products and services, including Gardening and Horticulture Tools, Digging Tools, Farming Tools, Equipment & Machines, Agricultural Tools, Brush Cutter Parts.

Who are the key members and board of directors at Agricon Implements?

Board Members (3)

NameDesignationAppointment DateStatus
Karan Dharia Country flag representing In Director 11-Dec-2006Current
Bharat Dharia Country flag representing In Director 11-Dec-2006Current
Shaila Dharia Country flag representing In Director 12-Feb-1996Current

Financial Performance of Agricon Implements.

Agricon Implements Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 36.32% decrease. The company also saw a substantial fall in profitability, with a 1091.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.22%.

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
-36.32%
Revenue from Operations
-43.48%
Total Assets
25.64%
Profit or Loss
-1091.20%
Net Worth
-13.22%
EBITDA
-184.48%

What is the Ownership and Shareholding Structure of Agricon Implements?

In 2019, Agricon Implements had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 Cr

Satisfied Charges

₹3.04 Cr

Charges Breakdown by Lending Institutions

  • Money Matters Financial Services Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2013Money Matters Financial Services Limited₹3.00 MOpen
12 Aug 2008Bank Of Baroda₹3.04 CrSatisfied

How Many Employees Work at Agricon Implements?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Agricon Implements, 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 Agricon Implements'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 Agricon Implements

Recent activity within the organization

  • Annual General Meeting

    Agricon Implements Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Agricon Implements Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 12 Aug 2008 via Charge ID 10118660 with Bank Of Baroda was fully satisfied on 17 Mar 2021.

    17 Mar 2021

  • Charges

    A charge with Bank Of Baroda of Rs. 3.04 Cr registered on 12 Aug 2008 with Charge ID 10118660 was modified on 22 Aug 2015.

    22 Aug 2015

  • Charges

    A charge with Money Matters Financial Services Limited amounted to Rs. 0.30 Cr with Charge ID 10406057 was registered on 28 Jan 2013.

    28 Jan 2013

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 3.04 Cr with Charge ID 10118660 was registered on 12 Aug 2008.

    12 Aug 2008

Frequently asked questions

  • Agricon Implements Limited was incorporated on 12 Feb 1996.

  • The authorized share capital of Agricon Implements Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Agricon Implements Limited.

    • Bharat Navnitlal Dharia
    • Shaila Bharat Dharia
    • Karan Bharat Dharia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Agricon Implements Limited is 312 Parvati Industrial Estatesun Mill Compound, Lower Parel(West) India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Agricon Implements Limited is U28900MH1996PLC097140 and the company number is 097140 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Agricon Implements Limited has fallen by -36.32%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Agricon Implements Limited has experienced an downturn of -13.22%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Agricon Implements Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Agricon Implements Limited was filed with the ROC on 31 Mar 2024.

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