Nico Agro Oil Products Pvt Ltd

Produces and trades various oils and oil-related products, including oilseeds, oilcakes, and rice.

1977 | Andrhra Pradesh, Andhra Pradesh (India) | Active
Last Updated: July 31, 2024

Nico Agro Oil Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.10 M
  • Company Age 47 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.16 Cr
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth -34.87%
  • Profit Growth -21.61%
  • Ebitda -12.17%
  • Net Worth 2.07%
  • Total Assets -0.29%

About Nico Agro Oil Products

Nico Agro Oil Products Pvt Ltd (NAOPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 1977 and has a history of 47 years and eight months. Its registered office is in Andrhra Pradesh, Andhra Pradesh, 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 5.00 M and a paid-up capital of Rs 4.10 M.

The company currently has active open charges totaling ₹2.16 Cr. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishal Harnathka and Anil Harnathka serve as directors at the Company.

Company Details

  • Location

    Andrhra Pradesh, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nicoagro.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143AP1977PTC002173

  • Company No.

    002173

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1977

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Food and Beverages

Who are the key members and board of directors at Nico Agro Oil Products?

Board Members (2)

NameDesignationAppointment DateStatus
Vishal Harnathka Country flag representing In Director 13-Feb-2015Current
Anil Harnathka Country flag representing In Whole-Time Director 01-Apr-2003Current

Financial Performance of Nico Agro Oil Products.

Nico Agro Oil Products Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.87% decrease. The company also saw a substantial fall in profitability, with a 21.61% decrease in profit. The company's net worth moved up by a moderate rise of 2.07%.

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
-34.87%
Revenue from Operations
-34.89%
Total Assets
-0.29%
Profit or Loss
-21.61%
Net Worth
2.07%
EBITDA
-12.17%

What is the Ownership and Shareholding Structure of Nico Agro Oil Products?

In 2023, Nico Agro Oil Products 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

₹21.57 M

Satisfied Charges

₹110.01 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 1.03 Cr
  • Union Bank Of India : 0.70 Cr
  • Andhra Pradesh State Financial Corporation Corporation : 0.29 Cr
  • State Bank Of India : 0.12 Cr
  • Bank Of Baroda : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2000State Bank Of India₹0.50 MOpen
29 Jun 1995State Bank Of India₹0.70 MOpen
25 Apr 1990Union Bank Of India₹6.00 MOpen
21 May 1984Union Bank Of India₹0.40 MOpen
18 Jul 1983Union Bank Of India₹3.80 MOpen

How Many Employees Work at Nico Agro Oil Products?

Nico Agro Oil Products has a workforce of 60 employees as of Apr 05, 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 Nico Agro Oil Products, 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 Nico Agro Oil Products'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 Nico Agro Oil Products

Recent activity within the organization

  • Annual General Meeting

    Nico Agro Oil Products Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nico Agro Oil Products Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 20 Jul 2011 via Charge ID 10297785 with Jm Financial Asset Reconstruction Company Private Limited was fully satisfied on 13 Oct 2020.

    13 Oct 2020

  • Charges

    A charge registered on 29 Oct 2010 via Charge ID 10255055 with Jm Financial Asset Reconstruction Company Private Limited was fully satisfied on 13 Oct 2020.

    13 Oct 2020

  • Charges

    A charge registered on 18 Feb 2005 via Charge ID 90262612 with Jm Financial Asset Reconstruction Company Private Limited was fully satisfied on 13 Oct 2020.

    13 Oct 2020

  • Director Appointment

    Vishal Harnathka was appointed as a Director was appointed as a Director on 13 Feb 2015 & has been associated with this company since 10 years 13 days .

    13 Feb 2015

Frequently asked questions

  • Nico Agro Oil Products Pvt Ltd was incorporated on 09 Jun 1977.

  • The authorized share capital of Nico Agro Oil Products Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.10 M.

  • Currently 2 directors are associated with Nico Agro Oil Products Pvt Ltd.

    • Vishal Harnathka
    • Anil Harnathka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nico Agro Oil Products Pvt Ltd is Perecherla Dist Gunturperecherla Dist Guntur Guntur, Andrhra Pradesh, Andhra Pradesh, India, 522009.

  • The corporate identification number (CIN) of Nico Agro Oil Products Pvt Ltd is U15143AP1977PTC002173 and the company number is 002173 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nico Agro Oil Products Pvt Ltd is https://www.nicoagro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nico Agro Oil Products Pvt Ltd has fallen by -34.87%.

  • As Per 2023 financial reports, 60 employees are currently employed by Nico Agro Oil Products Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nico Agro Oil Products Pvt Ltd has experienced an upsurge of 2.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nico Agro Oil Products Pvt Ltd amount to ₹ 2.16 Cr.

  • The most recent Balance Sheet for Nico Agro Oil Products Pvt Ltd was filed with the ROC on 31 Mar 2023.

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