Favorich Agro Private Limited

Agro-processing company supplying ingredients to snacks industry, also offers real estate rental services.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated:

Favorich Agro Profile

Key Indicators

  • Authorised Capital ₹ 10.57 Cr
  • Paid Up Capital ₹ 9.54 M
  • Company Age 30 Year, 1 Month
  • 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 30 years and one month. 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

Agriculture
Infrastructure and Utilities
Company report

Favorich Agro Private Limited

Explore comprehensive data for Favorich Agro Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Cherukuru Naidu Country flag representing In Director 24-Mar-1995Current
Cherukuru Naidu Country flag representing In Additional Director 27-Apr-2009Current
Vikas Kukhreja Country flag representing In Director 15-Dec-2016Current

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%.

Favorich Agro revenue growth over time
Favorich Agro 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
-89.99%
Revenue from Operations
Total Assets
37.35%
Profit or Loss
31.82%
Net Worth
-30.60%
EBITDA
36.73%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.77 Cr

Satisfied Charges

₹2.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.10 Cr
  • Corporation Bank : 22.67 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jul 2020Others₹3.10 CrOpen
22 Jun 2020Others₹3.00 CrOpen
15 Jun 2018Others₹24.00 CrOpen
14 Feb 2014Corporation Bank₹2.00 CrOpen
19 Nov 2011Corporation Bank₹12.00 CrOpen

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.

Employee growth trends for Favorich Agro Private Limited

Deals i

Graph showing company valuation over time

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

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 Favorich Agro

Recent activity within the organization

  • Annual General Meeting

    Favorich Agro Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 24.00 Cr registered on 15 Jun 2018 with Charge ID 100196496 was modified on 11 May 2022.

  • Balance Sheet

    Favorich Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 3.10 Cr with Charge ID 100354832 was registered on 02 Jul 2020.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100375372 was registered on 22 Jun 2020.

  • Charges

    A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100196496 was registered on 15 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Favorich Agro Private Limited?

    Favorich Agro Private Limited was incorporated on 24 Mar 1995.

  • What is authorized share capital and paid-up capital of Favorich Agro Private Limited?

    The authorized share capital of Favorich Agro Private Limited is ₹ 10.57 Cr and paid-up capital is ₹ 9.54 M.

  • Who are the current board members & directors of Favorich Agro Private Limited?

    Currently 3 directors are associated with Favorich Agro Private Limited.

    • Cherukuru Jayadev Naidu
    • Cherukuru Vishal Naidu
    • Vikas Biharilal Kukhreja

  • What is the registered address of Favorich Agro Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Favorich Agro Private Limited is No. 105 First Floor Embassy Square, 148 Infantry Road India, Bangalore, Karnataka, 560001.

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

    The corporate identification number (CIN) of Favorich Agro Private Limited is U15111KA1995PTC017441 and the company number is 017441 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Favorich Agro Private Limited?

    The Official website of Favorich Agro Private Limited is https://www.favorich.in

  • What has been the recent revenue trend for Favorich Agro Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Favorich Agro Private Limited has fallen by -89.99%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Favorich Agro Private Limited has experienced an downturn of -30.60%.

  • What are the total open charges for Favorich Agro Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Favorich Agro Private Limited amount to ₹ 52.77 Cr.

  • When was the last Balance Sheet of Favorich Agro Private Limited filed with the ROC?

    The most recent Balance Sheet for Favorich Agro Private Limited was filed with the ROC on 31 Mar 2022.

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