Best Agrolife Limited

Financial services company offering planning, trading, taxation, and other services since 1992.

1992 | Delhi (India) | Active
Last Updated: November 16, 2024

Best Agrolife Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 23.64 Cr
  • Company Age 33 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 514.75 Cr
  • Satisfied Charges ₹ 197.60 Cr
  • Revenue Growth 32.50%
  • Profit Growth -45.93%
  • Ebitda -31.22%
  • Net Worth 15.11%
  • Total Assets 30.90%

About Best Agrolife

Best Agrolife Limited (BAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1992 and has a history of 33 years. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539660 and on the National Stock Exchange(NSE) under BESTAGRO.

The Corporate was formerly known as Vasu Specialites 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 23.64 Cr.

The company currently has active open charges totaling ₹514.75 Cr. The company has closed loans amounting to ₹197.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Best Agrolife Limited India are Vikas Jain as CFO and Kumari Astha as Company Secretary. Chetna, Shuvendu Satpathy, Isha Luthra, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L74110DL1992PLC116773

  • Company No.

    116773

  • Stock Symbol

    BSE : 539660 NSE : BESTAGRO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Agriculture

Who are the key members and board of directors at Best Agrolife?

Executive Team (3)

NameDesignationAppointment DateStatus
Vikas Jain CFO01-Apr-2024Current
Vimal Kumar Country flag representing In Managing Director16-Aug-2019Current
Kumari Astha Country flag representing In Company Secretary11-Nov-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Braj Prasad Country flag representing In Director 16-Aug-2019Current
Chetna Country flag representing In Director 01-Jul-2021Current
Shuvendu Satpathy Country flag representing In Director 27-May-2020Current
Isha Luthra Country flag representing In Whole-Time Director 11-Nov-2019Current
Balavenkatarama Suryadevara Country flag representing In Whole-Time Director 31-Jul-2023Current

Financial Performance of Best Agrolife.

Best Agrolife Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.5% increase. The company also saw a substantial fall in profitability, with a 45.93% decrease in profit. The company's net worth Soared by an impressive increase of 15.11%.

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
32.50%
Revenue from Operations
32.24%
Total Assets
30.90%
Profit or Loss
-45.93%
Net Worth
15.11%
EBITDA
-31.22%

What is the Ownership and Shareholding Structure of Best Agrolife?

In 2023, Best Agrolife had a promoter holding of 50.10% and a public holding of 49.90%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹514.75 Cr

Satisfied Charges

₹197.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 300.00 Cr
  • Axis Bank Limited : 82.68 Cr
  • State Bank Of India : 50.00 Cr
  • Indian Bank : 50.00 Cr
  • Standard Chartered Bank : 25.00 Cr
  • Others : 7.07 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2024Hdfc Bank Limited₹1.60 MOpen
26 Jun 2024Hdfc Bank Limited₹1.80 CrOpen
17 May 2024Hdfc Bank Limited₹3.10 MOpen
15 Apr 2024Hdfc Bank Limited₹3.05 MOpen
22 Mar 2024Others₹70.00 CrOpen

How Many Employees Work at Best Agrolife?

Unlock and access historical data on people associated with Best Agrolife, 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 Best Agrolife, 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 Best Agrolife'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 Best Agrolife

Recent activity within the organization

  • Charges

    A charge registered on 19 Jul 2023 via Charge ID 100771132 with Tata Capital Financial Services Limited was fully satisfied on 09 Oct 2024.

    09 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100990809 was registered on 13 Aug 2024.

    13 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.80 Cr with Charge ID 100940583 was registered on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100946541 was registered on 17 May 2024.

    17 May 2024

  • Charges

    A charge registered on 10 Nov 2017 via Charge ID 100153432 with Yes Bank Limited was fully satisfied on 16 Apr 2024.

    16 Apr 2024

Frequently asked questions

  • Best Agrolife Limited was incorporated on 10 Jan 1992.

  • The authorized share capital of Best Agrolife Limited is ₹ 50.00 Cr and paid-up capital is ₹ 23.64 Cr.

  • Currently 8 directors are associated with Best Agrolife Limited.

    • Chetna
    • Vikas Sohanlal Jain
    • Shuvendu Kumar Satpathy
    • Isha Luthra
    • Balavenkatarama Prasad Suryadevara
    • Braj Kishore Prasad
    • Vimal Kumar
    • Kumari Astha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Agrolife Limited is B-4 Bhagwan Dass Nagar, East Punjabi Bagh India, New Delhi, 110026.

  • The corporate identification number (CIN) of Best Agrolife Limited is L74110DL1992PLC116773 and the company number is 116773 as per Ministry of Corporate Affairs (MCA).

  • Yes, Best Agrolife Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BESTAGRO.

  • The Official website of Best Agrolife Limited is https://www.bestagrolife.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Best Agrolife Limited has risen by 32.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Best Agrolife Limited has experienced an upsurge of 15.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Best Agrolife Limited amount to ₹ 514.75 Cr.

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

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