Maagrita Exports Limited

Food processing company with advanced technology and services for fruits and vegetables.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 07, 2024

Maagrita Exports Profile

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 37.61 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.85 Cr
  • Revenue Growth -8.21%
  • Profit Growth 19.33%
  • Ebitda 29.11%
  • Net Worth -48.74%
  • Total Assets -17.88%

About Maagrita Exports

Maagrita Exports Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 2004 and has a history of 20 years and nine months. Its registered office is in Chennai, Tamil Nadu, 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 38.00 Cr and a paid-up capital of Rs 37.61 Cr.

The company currently has active open charges totaling ₹6.85 Cr.

The Key Managerial Personnel (KMP) at Maagrita Exports Limited India are Adya Ojha as COMPANY SECRETARY and Ananthan Alagar as Cfo. Ramachandran Perumal, Paul Pandian, Divakar Kamath, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51229TN2004PLC053001

  • Company No.

    053001

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages
Agriculture

What products or services does Maagrita Exports Limited offer?

Maagrita Exports Limited offers a wide range of products and services, including Fresh, Dried & Preserved Fruits, Fresh Fruits, Tropical Fruits, Mangoes.

Who are the key members and board of directors at Maagrita Exports?

Executive Team (2)

Name Designation Appointment Date Status
Adya Ojha Country flag representing In Company Secretary 26-Oct-2024 Current
Ananthan Alagar CFO 28-Jan-2017 Current

Board Members (5)

Name Designation Appointment Date Status
Ramachandran Perumal Country flag representing In Whole-Time Director 01-Jun-2006 Current
Paul Pandian Country flag representing Us Director 20-Apr-2004 Current
Divakar Kamath Country flag representing Us Director 20-Apr-2004 Current
Balu Prabhakar Country flag representing Us Director 11-Feb-2017 Current
Pandithurai Gnanadurai Country flag representing Us Director 08-Jun-2020 Current

Financial Performance of Maagrita Exports.

Maagrita Exports Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.21% decrease. The company also saw a substantial improvement in profitability, with a 19.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 48.74%.

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
-8.21%
Revenue from Operations
-8.21%
Total Assets
-17.88%
Profit or Loss
19.33%
Net Worth
-48.74%
EBITDA
29.11%

What is the Ownership and Shareholding Structure of Maagrita Exports?

In 2023, Maagrita Exports had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.85 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.36 Cr
  • Hdfc Bank Limited : 2.49 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2022 Hdfc Bank Limited ₹0.92 M Open
14 Jul 2022 Hdfc Bank Limited ₹0.40 M Open
31 May 2021 Others ₹3.59 M Open
28 May 2021 Others ₹4.00 Cr Open
23 Mar 2010 Hdfc Bank Limited ₹2.36 Cr Open

How Many Employees Work at Maagrita Exports?

Maagrita Exports has a workforce of 104 employees as of Dec 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maagrita Exports, 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 Maagrita Exports'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 Maagrita Exports

Recent activity within the organization

  • Director Appointment

    Adya Ojha was appointed as a Company Secretary was appointed as a Company Secretary on 26 Oct 2024 & has been associated with this company since 3 months 8 days .

    26 Oct 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Maagrita Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100660687 was registered on 25 Oct 2022.

    25 Oct 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100599869 was registered on 14 Jul 2022.

    14 Jul 2022

  • Charges

    A charge with Others of Rs. 0.36 Cr registered on 31 May 2021 with Charge ID 100452842 was modified on 22 Jul 2021.

    22 Jul 2021

Frequently asked questions

  • Maagrita Exports Limited was incorporated on 20 Apr 2004.

  • The authorized share capital of Maagrita Exports Limited is ₹ 38.00 Cr and paid-up capital is ₹ 37.61 Cr.

  • Currently 7 directors are associated with Maagrita Exports Limited.

    • Ramachandran Perumal
    • Paul Chelliah Pandian
    • Divakar Ramanath Kamath
    • Balu Subramaniam Prabhakar
    • Pandithurai Gnanadurai
    • Adya Ojha
    • Ananthan Alagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maagrita Exports Limited is Mda Tower Ground Floor New No.6 Old No 12 Appavu Gramani 1St Street Raja Annamalai Puram, Chennai India, Chennai City Corporation, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Maagrita Exports Limited is U51229TN2004PLC053001 and the company number is 053001 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maagrita Exports Limited is https://www.maagrita.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maagrita Exports Limited has fallen by -8.21%.

  • As Per 2023 financial reports, 104 employees are currently employed by Maagrita Exports Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maagrita Exports Limited has experienced an downturn of -48.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maagrita Exports Limited amount to ₹ 6.85 Cr.

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

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