Kirti Agrovet Limited

Group of companies involved in solvent extraction, oil refining, and dal milling.

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

Kirti Agrovet Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.52 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 358.85 Cr
  • Revenue Growth -0.28%
  • Profit Growth -55.75%
  • Ebitda -51.83%
  • Net Worth 23.07%
  • Total Assets 36.56%

About Kirti Agrovet

Kirti Agrovet Limited (KAL) is a leading Public Limited State Government Company incorporated in India on 29 December 2003 and has a history of 21 years and three months. Its registered office is in Latur, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 10.00 Cr and a paid-up capital of Rs 9.52 Cr.

The company currently has active open charges totaling ₹358.85 Cr.

Bharatkumar Bhutada, Chanda Bhutada, Anand Bhutada, and Five other members serve as directors at the Company.

Company Details

  • Location

    Latur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15140MH2003SGC143724

  • Company No.

    143724

  • Company Classification

    Public Limited State 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

Food And Beverages

What products or services does Kirti Agrovet Limited offer?

Kirti Agrovet Limited offers a wide range of products and services, including Refined Oil, Soybean Oil, Edible Oil & Allied Products, Cooking Oil, Groundnut Oil, Refined Groundnut Oil, Milk, Soy Milk, Pulses, Chana Dal.

Company report

Kirti Agrovet Limited

Explore comprehensive data for Kirti Agrovet Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (8)

NameDesignationAppointment DateStatus
Bharatkumar Bhutada Country flag representing In Additional Director 20-Mar-2017Current
Chanda Bhutada Country flag representing In Additional Director 08-Nov-2019Current
Anand Bhutada Country flag representing In Additional Director Current
Bhutada Ashokkumar Country flag representing In Additional Director 15-Apr-2005Current
Kirtikumar Bhutada Country flag representing In Additional Director 31-Dec-2016Current
Bharat Chikate Country flag representing In Additional Director 05-Jan-2017Current

Financial Performance of Kirti Agrovet.

Kirti Agrovet Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.28% decrease. The company also saw a substantial fall in profitability, with a 55.75% decrease in profit. The company's net worth Soared by an impressive increase of 23.07%.

Kirti Agrovet revenue growth over time
Kirti Agrovet 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
-0.28%
Revenue from Operations
-0.27%
Total Assets
36.56%
Profit or Loss
-55.75%
Net Worth
23.07%
EBITDA
-51.83%

What is the Ownership and Shareholding Structure of Kirti Agrovet?

In 2023, Kirti Agrovet 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

₹358.85 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 185.00 Cr
  • Hdfc Bank Limited : 55.00 Cr
  • State Bank Of India : 50.00 Cr
  • Axis Bank Limited : 29.00 Cr
  • Central Bank Of India : 25.00 Cr
  • Others : 14.85 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jan 2024Axis Bank Limited₹24.00 CrOpen
20 Dec 2021State Bank Of India₹50.00 CrOpen
02 Feb 2021Hdfc Bank Limited₹50.00 CrOpen
24 Dec 2019Axis Bank Limited₹5.00 CrOpen
20 Dec 2019Others₹50.00 CrOpen

How Many Employees Work at Kirti Agrovet?

Kirti Agrovet has a workforce of 96 employees as of Apr 07, 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 Kirti Agrovet Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kirti Agrovet, 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 Agrovet'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 Agrovet

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 24.00 Cr with Charge ID 100860317 was registered on 13 Jan 2024.

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 20 Dec 2019 with Charge ID 100310059 was modified on 23 Dec 2023.

  • Charges

    A charge with Others of Rs. 135.00 Cr registered on 20 Jun 2006 with Charge ID 10008832 was modified on 06 Nov 2023.

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with State Bank Of India amounted to Rs. 50.00 Cr with Charge ID 100523218 was registered on 20 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Kirti Agrovet Limited?

    Kirti Agrovet Limited was incorporated on 29 Dec 2003.

  • What is authorized share capital and paid-up capital of Kirti Agrovet Limited?

    The authorized share capital of Kirti Agrovet Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.52 Cr.

  • Who are the current board members & directors of Kirti Agrovet Limited?

    Currently 8 directors are associated with Kirti Agrovet Limited.

    • Bharatkumar Vishnudasji Bhutada
    • Chanda Satishkumar Bhutada
    • Anand Satishkumar Bhutada
    • Bhutada Arjun Ashokkumar
    • Kirtikumar Vishnudas Bhutada
    • Bharat Abhimanu Chikate
    • Shivram Vitthal Gaikwad
    • Ajit Kirtikumar Bhutada

  • What is the registered address of Kirti Agrovet Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kirti Agrovet Limited is 79Cmarket Yard India, Latur, Maharashtra, 413512.

  • What is the corporate identification number (CIN) and company number of Kirti Agrovet Limited?

    The corporate identification number (CIN) of Kirti Agrovet Limited is U15140MH2003SGC143724 and the company number is 143724 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kirti Agrovet Limited?

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

  • What has been the recent revenue trend for Kirti Agrovet Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kirti Agrovet Limited has fallen by -0.28%.

  • How many employees does Kirti Agrovet Limited currently have?

    As Per 2023 financial reports, 96 employees are currently employed by Kirti Agrovet Limited.

  • What change has been observed in the net worth of Kirti Agrovet Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kirti Agrovet Limited has experienced an upsurge of 23.07%.

  • What are the total open charges for Kirti Agrovet Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kirti Agrovet Limited amount to ₹ 358.85 Cr.

  • When was the last Balance Sheet of Kirti Agrovet Limited filed with the ROC?

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

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