Desai Agrifoods Private Limited

Produce, trade, and export fruits and vegetables, specializing in Cavendish bananas. Partnerships with Giz and Deepak Fertilizers.

1999 | Navsari, Gujarat (India) | Active
Last Updated: September 27, 2024

Desai Agrifoods Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 63.69 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.91 M
  • Satisfied Charges ₹ 55.70 Cr
  • Revenue Growth -39.21%
  • Profit Growth -197.98%
  • Ebitda -217.55%
  • Net Worth -78.41%
  • Total Assets -43.27%

About Desai Agrifoods

Desai Agrifoods Private Limited (DAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 1999 and has a history of 25 years and 11 months. Its registered office is in Navsari, Gujarat, India.

The Corporate was formerly known as Desai Fruits And Vegetables 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 70.00 Cr and a paid-up capital of Rs 63.69 Cr.

The company currently has active open charges totaling ₹3.91 M. The company has closed loans amounting to ₹55.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Desai Agrifoods Private Limited India is Sonal Gandhi as COMPANY SECRETARY. Ankur Tripathi and Martin Wittwer serve as directors at the Company.

Company Details

  • Location

    Navsari, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63020GJ1999PTC035377

  • Company No.

    035377

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1999

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

What products or services does Desai Agrifoods Private Limited offer?

Desai Agrifoods Private Limited offers a wide range of products and services, including Tropical Fruits, Bananas, Fresh, Dried & Preserved Fruits, Fresh Fruits.

Who are the key members and board of directors at Desai Agrifoods?

Executive Team (1)

NameDesignationAppointment DateStatus
Sonal Gandhi Company SecretaryCurrent

Board Members (2)

NameDesignationAppointment DateStatus
Ankur Tripathi Country flag representing In Director 04-Sep-2023Current
Martin Wittwer Country flag representing Ch Director 04-Sep-2023Current

Financial Performance of Desai Agrifoods.

Desai Agrifoods Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 39.21% decrease. The company also saw a substantial fall in profitability, with a 197.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 78.41%.

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
-39.21%
Revenue from Operations
-39.60%
Total Assets
-43.27%
Profit or Loss
-197.98%
Net Worth
-78.41%
EBITDA
-217.55%

What is the Ownership and Shareholding Structure of Desai Agrifoods?

In 2023, Desai Agrifoods 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

₹0.39 Cr

Satisfied Charges

₹55.70 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2021Hdfc Bank Limited₹1.41 MOpen
17 Nov 2020Hdfc Bank Limited₹2.51 MOpen
29 Jun 2022Hdfc Bank Limited₹27.00 CrSatisfied
11 Nov 2021Hdfc Bank Limited₹0.59 MSatisfied
28 Oct 2021Others₹5.00 CrSatisfied

How Many Employees Work at Desai Agrifoods?

Desai Agrifoods has a workforce of 59 employees as of Sep 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 Desai Agrifoods, 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 Desai Agrifoods'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 Desai Agrifoods

Recent activity within the organization

  • Charges

    A charge registered on 29 Jun 2022 via Charge ID 100595765 with Hdfc Bank Limited was fully satisfied on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge registered on 11 Nov 2021 via Charge ID 100500495 with Hdfc Bank Limited was fully satisfied on 26 Apr 2024.

    26 Apr 2024

  • Charges

    A charge registered on 13 Apr 2021 via Charge ID 100445967 with Hdfc Bank Limited was fully satisfied on 25 Apr 2024.

    25 Apr 2024

  • Annual General Meeting

    Desai Agrifoods Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Director Appointment

    Ankur Tripathi was appointed as a Director was appointed as a Director on 04 Sep 2023 & has been associated with this company since 1 year 4 months .

    04 Sep 2023

  • Director Appointment

    Martin Hans Wittwer was appointed as a Director was appointed as a Director on 04 Sep 2023 & has been associated with this company since 1 year 4 months .

    04 Sep 2023

Frequently asked questions

  • Desai Agrifoods Private Limited was incorporated on 02 Feb 1999.

  • The authorized share capital of Desai Agrifoods Private Limited is ₹ 70.00 Cr and paid-up capital is ₹ 63.69 Cr.

  • Currently 3 directors are associated with Desai Agrifoods Private Limited.

    • Ankur Tripathi
    • Martin Hans Wittwer
    • Sonal Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desai Agrifoods Private Limited is Plot No 49 At&Post;Amadpore N H No.8, Navsari, Gujarat, India, 396445.

  • The corporate identification number (CIN) of Desai Agrifoods Private Limited is U63020GJ1999PTC035377 and the company number is 035377 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Desai Agrifoods Private Limited is https://www.desaifruits.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Desai Agrifoods Private Limited has fallen by -39.21%.

  • As Per 2023 financial reports, 59 employees are currently employed by Desai Agrifoods Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Desai Agrifoods Private Limited has experienced an downturn of -78.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Desai Agrifoods Private Limited amount to ₹ 3.91 M.

  • The most recent Balance Sheet for Desai Agrifoods Private Limited was filed with the ROC on 31 Mar 2023.

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