Kirti Agrotech Limited

Trading of edible oil, feed, and agricultural products since 2003 in Maharashtra.

2003 | Latur, Maharashtra (India) | Active
Last Updated: July 17, 2024

Kirti Agrotech Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 6.33 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 456.22 Cr
  • Revenue Growth -10.89%
  • Profit Growth -68.24%
  • Ebitda -57.39%
  • Net Worth 18.87%
  • Total Assets 11.21%

About Kirti Agrotech

Kirti Agrotech Limited (KAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 2003 and has a history of 21 years and one month. Its registered office is in Latur, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 12.00 Cr and a paid-up capital of Rs 6.33 Cr.

The company currently has active open charges totaling ₹456.22 Cr.

Chanda Bhutada, Ajit Bhutada, Shivram Gaikwad, and Three other members serve as directors at the Company.

Company Details

  • Location

    Latur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kirtigroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15140MH2003PLC143725

  • Company No.

    143725

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Kirti Agrotech?

Board Members (6)

NameDesignationAppointment DateStatus
Chanda Bhutada Country flag representing In Additional Director 01-Nov-2005Current
Ajit Bhutada Country flag representing In Director 03-Jan-2014Current
Shivram Gaikwad Country flag representing In Director 25-Mar-2015Current
Bharat Chikate Country flag representing In Additional Director Current
Bhutada Ashokkumar Country flag representing In Director 03-Jan-2014Current
Bharatkumar Bhutada Country flag representing In Additional Director 17-Aug-2017Current

Financial Performance of Kirti Agrotech.

Kirti Agrotech Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.89% decrease. The company also saw a substantial fall in profitability, with a 68.24% decrease in profit. The company's net worth Soared by an impressive increase of 18.87%.

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
-10.89%
Revenue from Operations
-10.09%
Total Assets
11.21%
Profit or Loss
-68.24%
Net Worth
18.87%
EBITDA
-57.39%

What is the Ownership and Shareholding Structure of Kirti Agrotech?

In 2023, Kirti Agrotech had a promoter holding of 52.61% and a public holding of 47.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹456.22 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 215.55 Cr
  • Union Bank Of India : 118.67 Cr
  • Axis Bank Limited : 50.00 Cr
  • State Bank Of India : 50.00 Cr
  • Central Bank Of India : 20.00 Cr
  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Apr 2023Others₹25.00 CrOpen
20 Dec 2021State Bank Of India₹50.00 CrOpen
09 Dec 2020Axis Bank Limited₹50.00 CrOpen
20 Dec 2019Others₹50.00 CrOpen
29 Jun 2018Others₹50.00 CrOpen

How Many Employees Work at Kirti Agrotech?

Kirti Agrotech has a workforce of 163 employees as of Mar 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 Kirti Agrotech, 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 Kirti Agrotech'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 Kirti Agrotech

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 20 Dec 2019 with Charge ID 100310057 was modified on 23 Dec 2023.

    23 Dec 2023

  • Annual General Meeting

    Kirti Agrotech Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100718474 was registered on 28 Apr 2023.

    28 Apr 2023

  • Charges

    A charge with Others of Rs. 90.55 Cr registered on 18 Jan 2005 with Charge ID 80065030 was modified on 20 Apr 2023.

    20 Apr 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 50.00 Cr registered on 09 Dec 2020 with Charge ID 100395040 was modified on 10 Apr 2023.

    10 Apr 2023

  • Balance Sheet

    Kirti Agrotech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Kirti Agrotech Limited was incorporated on 29 Dec 2003.

  • The authorized share capital of Kirti Agrotech Limited is ₹ 12.00 Cr and paid-up capital is ₹ 6.33 Cr.

  • Currently 6 directors are associated with Kirti Agrotech Limited.

    • Chanda Satishkumar Bhutada
    • Ajit Kirtikumar Bhutada
    • Shivram Vitthal Gaikwad
    • Bharat Abhimanu Chikate
    • Bhutada Arjun Ashokkumar
    • Bharatkumar Vishnudasji Bhutada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kirti Agrotech Limited is 79-Cmarket Yard, Latur, Maharashtra, India, 413512.

  • The corporate identification number (CIN) of Kirti Agrotech Limited is U15140MH2003PLC143725 and the company number is 143725 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kirti Agrotech Limited is https://www.kirtigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kirti Agrotech Limited has fallen by -10.89%.

  • As Per 2023 financial reports, 163 employees are currently employed by Kirti Agrotech Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kirti Agrotech Limited has experienced an upsurge of 18.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kirti Agrotech Limited amount to ₹ 456.22 Cr.

  • The most recent Balance Sheet for Kirti Agrotech Limited was filed with the ROC on 31 Mar 2023.

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