Favorich Agro Profile
Key Indicators
- Authorised Capital ₹ 10.57 Cr
- Paid Up Capital ₹ 9.54 M
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 52.77 Cr
- Satisfied Charges ₹ 2.40 Cr
- Revenue Growth -89.99%
- Profit Growth 31.82%
- Ebitda 36.73%
- Net Worth -30.60%
- Total Assets 37.35%
About Favorich Agro
Favorich Agro Private Limited (FAPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 1995 and has a history of 29 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
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 2022. It's a company limited by shares with an authorized capital of Rs 10.57 Cr and a paid-up capital of Rs 9.54 M.
The company currently has active open charges totaling ₹52.77 Cr. The company has closed loans amounting to ₹2.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Cherukuru Naidu, Cherukuru Naidu, and Vikas Kukhreja serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15111KA1995PTC017441
- Company No.
017441
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Mar 1995
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Favorich Agro?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Cherukuru Naidu  | Director | 24-Mar-1995 | Current |
| Cherukuru Naidu | Additional Director | 27-Apr-2009 | Current |
| Vikas Kukhreja | Director | 15-Dec-2016 | Current |
Financial Performance of Favorich Agro.
Favorich Agro Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 89.99% decrease. The company also saw a substantial improvement in profitability, with a 31.82% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Favorich Agro?
Unlock access to Favorich Agro's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
S2 Homes India Private LimitedVikas Kukhreja is a mutual person
Jdv Holdings Private LimitedCherukuru Naidu and Cherukuru Naidu are mutual person
Favorich Mark Private LimitedCherukuru Naidu and Cherukuru Naidu are mutual person
Favorich Infra Private LimitedCherukuru Naidu and Cherukuru Naidu are mutual person
Jdv Infraone Private LimitedCherukuru Naidu and Cherukuru Naidu are mutual person
- Jdn Nutrition Private Limited
Cherukuru Naidu and Cherukuru Naidu are mutual person
Charges (Loans)
₹52.77 Cr
₹2.40 Cr
Charges Breakdown by Lending Institutions
- Others : 30.10 Cr
- Corporation Bank : 22.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2020 | Others | ₹3.10 Cr | Open |
| 22 Jun 2020 | Others | ₹3.00 Cr | Open |
| 15 Jun 2018 | Others | ₹24.00 Cr | Open |
| 14 Feb 2014 | Corporation Bank | ₹2.00 Cr | Open |
| 19 Nov 2011 | Corporation Bank | ₹12.00 Cr | Open |
How Many Employees Work at Favorich Agro?
Favorich Agro has a workforce of 0 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Favorich Agro, 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 Favorich Agro's trajectory.
Rating
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
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.
