Agro Indus Credits Limited

Provides loans for gold, property, and vehicles in Kerala and Tamil Nadu.

1997 | Ernakulam, Kerala (India) | Active
Last Updated:

Agro Indus Credits Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 46.50 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.81 Cr
  • Satisfied Charges ₹ 28.60 Cr
  • Revenue Growth 17.24%
  • Profit Growth 107.39%
  • Ebitda 286.03%
  • Net Worth 5.44%
  • Total Assets -0.06%

About Agro Indus Credits

Agro Indus Credits Limited (AICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 January 1997 and has a history of 28 years and two months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Agro Indus Finance And Leasing India Limited. The Company is engaged in the Financial Services 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 50.00 Cr and a paid-up capital of Rs 46.50 Cr.

The company currently has active open charges totaling ₹31.81 Cr. The company has closed loans amounting to ₹28.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Agro Indus Credits Limited India are Joseph Abraham as Ceo, Ajay Prabhu as Company Secretary, and Vadassery Ashalatha as Cfo. Pradeep Balakrishnan, Vettikkattu Prakashdamodaran, Prasannan Chanassery, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910KL1997PLC011088

  • Company No.

    011088

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 1997

  • Date of AGM

    24 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

What products or services does Agro Indus Credits Limited offer?

Agro Indus Credits Limited offers a wide range of products and services, including Digestive System Drugs & Medicines, Laxatives, Brain & Nervous System Drugs, Antidepressant & Anti Anxiety Medicines, Pharma Ingredients & Raw Materials, Antipyretic and Analgesic API.

Who are the key members and board of directors at Agro Indus Credits?

Executive Team (3)

NameDesignationAppointment DateStatus
Joseph Abraham CEO04-Oct-2023Current
Ajay Prabhu Company Secretary16-Jul-2024Current
Vadassery Ashalatha CFO07-Nov-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Pradeep Balakrishnan Country flag representing In Director 26-Sep-2008Current
Vettikkattu Prakashdamodaran Country flag representing In Director 29-Oct-2020Current
Prasannan Chanassery Country flag representing In Director 26-Sep-2008Current
Vijayan Kattuparambil Country flag representing In Director 19-Apr-2013Current
Muraleedharan Kesavan Country flag representing In Director 26-Aug-2010Current
Suryanarayanan Venkataramana Country flag representing In Director 08-Jul-2020Current

Financial Performance of Agro Indus Credits.

Agro Indus Credits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.24% increase. The company also saw a substantial improvement in profitability, with a 107.39% increase in profit. The company's net worth moved up by a moderate rise of 5.44%.

Agro Indus Credits revenue growth over time
Agro Indus Credits 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
17.24%
Revenue from Operations
17.47%
Total Assets
-0.06%
Profit or Loss
107.39%
Net Worth
5.44%
EBITDA
286.03%

What is the Ownership and Shareholding Structure of Agro Indus Credits?

In 2023, Agro Indus Credits had a promoter holding of 79.64% and a public holding of 20.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.81 Cr

Satisfied Charges

₹28.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 26.81 Cr
  • City Union Bank Limited : 2.50 Cr
  • Dhanlaxmi Bank Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2024Others₹1.50 MOpen
30 Oct 2024Others₹3.80 MOpen
30 Sep 2024Others₹3.70 MOpen
31 Aug 2024Others₹3.20 MOpen
31 Jul 2024Others₹3.10 MOpen

How Many Employees Work at Agro Indus Credits?

Agro Indus Credits has a workforce of 206 employees as of Apr 03, 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.

Employee growth trends for Agro Indus Credits Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Agro Indus Credits, 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 Agro Indus Credits'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 Agro Indus Credits

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 0.15 Cr registered on 30 Nov 2023 with Charge ID 100850919 was modified on 04 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101020934 was registered on 30 Nov 2024.

  • Director Appointment

    Vadassery Ramakrishnan Ashalatha was appointed as a Cfo was appointed as a Cfo on 07 Nov 2024 & has been associated with this company since 4 months 1 day .

  • Charges

    A charge with Others of Rs. 0.20 Cr registered on 31 Oct 2023 with Charge ID 100839141 was modified on 04 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 0.38 Cr with Charge ID 101015958 was registered on 30 Oct 2024.

  • Charges

    A charge with Others of Rs. 0.10 Cr registered on 30 Sep 2023 with Charge ID 100824797 was modified on 04 Oct 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Agro Indus Credits Limited?

    Agro Indus Credits Limited was incorporated on 07 Jan 1997.

  • What is authorized share capital and paid-up capital of Agro Indus Credits Limited?

    The authorized share capital of Agro Indus Credits Limited is ₹ 50.00 Cr and paid-up capital is ₹ 46.50 Cr.

  • Who are the current board members & directors of Agro Indus Credits Limited?

    Currently 13 directors are associated with Agro Indus Credits Limited.

    • Pradeep Kumar Pulical Balakrishnan
    • Vettikkattu Prakashdamodaran
    • Prasannan Raman Chanassery
    • Vijayan Kumaran Kattuparambil
    • Muraleedharan Kesavan
    • Suryanarayanan Venkataramana
    • Changarath Parameswaran Pillai Sasidharan
    • Joseph P Abraham
    • Ajay Vinayak Prabhu
    • Vadassery Ramakrishnan Ashalatha
    • Arjun Adichazhi Valappil
    • Hari Madhusoodanan Nair Syamala Kumari
    • Sreedharan Jayakumar

  • What is the registered address of Agro Indus Credits Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Agro Indus Credits Limited is Door No: 40/1166 Thadikaran Centre, Palarivattom India, Ernakulam, Kerala, 682025.

  • What is the corporate identification number (CIN) and company number of Agro Indus Credits Limited?

    The corporate identification number (CIN) of Agro Indus Credits Limited is U65910KL1997PLC011088 and the company number is 011088 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Agro Indus Credits Limited?

    The Official website of Agro Indus Credits Limited is https://www.agroindus.co.in

  • What has been the recent revenue trend for Agro Indus Credits Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Agro Indus Credits Limited has risen by 17.24%.

  • How many employees does Agro Indus Credits Limited currently have?

    As Per 2023 financial reports, 206 employees are currently employed by Agro Indus Credits Limited.

  • What change has been observed in the net worth of Agro Indus Credits Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Agro Indus Credits Limited has experienced an upsurge of 5.44%.

  • What are the total open charges for Agro Indus Credits Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Agro Indus Credits Limited amount to ₹ 31.81 Cr.

  • When was the last Balance Sheet of Agro Indus Credits Limited filed with the ROC?

    The most recent Balance Sheet for Agro Indus Credits Limited was filed with the ROC on 31 Mar 2024.

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