Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Mahadhan Agritech Limited
Location
People
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
Network
T. Score
Registered Details

MAHADHAN AGRITECH LIMITED

www.dfpcl.com

All Companies ›

Maharashtra ›

Finance ›

MAHADHAN AGRITECH LIMITED

Active

Updated: 27 Jun 2025

The company is engaged in manufacturing of chemicals and fertilizers such as farming diagnostics.

Mahadhan Agritech Limited, is an unlisted public company incorporated on 21 January, 1987. It is classified as a public limited company and is located in , . It's authorized share capital is INR 35.50 cr and the total paid-up capital is INR 20.56 cr.

Subscription Plans

Industry and products

Finance

Ammonium Nitrate Vertex Supreme, Industrial Nitric Acid, Nitric Acid Tracepura, Vertex Supreme, Ammonium Nitrate, Nitric Acid, Nitric Acid For Fertilizers, Vertex Norma., Weak Nitric Acid, Vertex Super

Company size

Auth Capital

₹ 35.5 Cr

Paidup Capital

₹ 20.6 Cr

Revenue

₹ 4000-4250 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

-19.24%

₹ 4,202.6

EBITDA

-88.76%

₹ 46.0

Net Profit

-72.67%

₹ 238.4

Networth

6.54%

₹ 4,430.4

Borrowings

52.26%

₹ 1,764.6

Assets

7.68%

₹ 9,538.1

Gross Margin

-3.54

16.6 %

Operating Margin

-6.82

1.1 %

Net Profit Margin

-9.53

5.2 %

Return on Equity

-15.6

5.4 %

ROCE

-13.25

-2.4 %

Debt to Equity

0.12

0.4

Sales

Mar 2024

Net worth

Mar 2024

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

Buy credits

View subscriptions

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
Financial+Litigation report

₹ 1299
- Everything in financial report
- Litigation report on the company
Due diligence report

₹ 2999
- Everything in financial+litigation report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

Locations

India (119)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Partha Sarathi Bhattacharyya	00329479	6 years
Managing Director	Yeshil Sailesh Mehta Shareholder	07866312	8 years
Director	Tapan Kumar Chatterjee	00118123	25 years
Director	Madhumilan Parshuram Shinde	06533004	12 years
Director	Parul Sailesh Mehta Shareholder	00196410	9 years
Managing Director	Sailesh Chimanlal Mehta Shareholder	00128204	26 years
Director	Bhuwan Chandra Tripathi	01657366	2 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	3,150.7	3,908.2	5,544.8	5,164.6	4,159.6
Operating profit	340.4	534.8	976.9	409.3	46.0
Net profit	9.4	200.4	444.0	872.5	238.4
Gross margin	31.2	31.8	34.1	20.2	16.6
Operating margin	10.8	13.7	17.6	7.9	1.1
Net margin	0.3	5.1	8.0	14.7	5.2
Networth	2,632.6	2,839.9	3,283.6	4,158.3	4,430.4
Borrowings	1,155.9	1,182.8	1,830.9	1,159.0	1,764.6
Assets	5,336.3	5,507.4	6,636.2	8,857.8	9,538.1
Debt to equity	0.4	0.4	0.6	0.3	0.4
Current ratio	0.9	1.2	1.4	1.9	1.2
ROE	0.4	7.1	13.5	21.0	5.4
Days payable	188.0	149.0	110.0	98.0	101.0
WC days	-20.0	24.0	36.0	102.0	33.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	17.1	17.1	17.1	17.1	17.1
Reserves	2,615.5	2,822.8	3,266.5	4,141.3	4,413.4
Borrowings +	1,155.9	1,182.8	1,830.9	1,159.0	1,764.6
Long term borrowings	610.6	1,057.8	1,682.4	931.6	978.3
Short term borrowings	545.2	125.0	148.6	227.4	786.3
Trade payables +	1,119.1	1,085.5	1,100.1	1,104.0	957.4
Days payable	188.0	149.0	110.0	98.0	101.0
Other liabilities +	1,547.8	1,484.7	1,521.8	3,540.5	3,343.1
Other non-current liabilities	201.6	164.5	158.7	2,244.3	2,084.2
Other current liabilities	227.1	234.7	263.0	192.2	301.5
Total liabilities	5,336.3	5,507.4	6,636.2	8,857.8	9,538.1
Fixed Assets +	3,109.8	3,050.6	3,120.9	1,357.2	1,393.7
Tangible assets	1,287.5	1,199.4	1,187.6	810.1	827.8
CWIP	340.7	418.6	549.0	23.6	52.4
Intangible assets	1,481.6	1,432.6	1,384.3	523.5	513.5
LT loans and advances	-	6.2	-	-	-
Other non-current assets	509.8	744.5	1,450.2	4,526.7	5,720.5
Current assets +	1,716.7	1,706.2	2,065.1	2,973.8	2,423.9
Inventories	562.9	465.1	886.4	872.3	867.4
Trade receivables	1,006.7	707.0	461.4	1,112.3	931.4
Cash and cash equivalents	38.6	75.0	68.5	190.3	182.4
ST loans and advances	4.6	4.1	1.7	1.6	1.5
Other current assets	103.9	455.0	647.2	797.4	441.2
Total assets	5,336.3	5,507.4	6,636.2	8,857.8	9,538.1

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.32	0.31	0.26	0.19	0.18
Reserves	49.01	51.25	49.22	46.75	46.27
Borrowings +	21.66	21.48	27.59	13.08	18.5
Long term borrowings	11.44	19.21	25.35	10.52	10.26
Short term borrowings	10.22	2.27	2.24	2.57	8.24
Trade payables	20.97	19.71	16.58	12.46	10.04
Other liabilities +	29.01	26.96	22.93	39.97	35.05
Other non-current liabilities	3.78	2.99	2.39	25.34	21.85
Other current liabilities	4.26	4.26	3.96	2.17	3.16
Total liabilities
Fixed Assets +	58.28	55.39	47.03	15.32	14.61
Tangible assets	24.13	21.78	17.9	9.15	8.68
CWIP	6.38	7.6	8.27	0.27	0.55
Intangible assets	27.76	26.01	20.86	5.91	5.38
LT loans and advances	0.0	0.11	0.0	0.0	0.0
Other non-current assets	9.55	13.52	21.85	51.1	59.98
Current assets +	32.17	30.98	31.12	33.57	25.41
Inventories	10.55	8.44	13.36	9.85	9.09
Trade receivables	18.86	12.84	6.95	12.56	9.76
Cash and cash equivalents	0.72	1.36	1.03	2.15	1.91
ST loans and advances	0.09	0.07	0.03	0.02	0.02
Other current assets	1.95	8.26	9.75	9.0	4.63
Total assets

	Mar 2015	Mar 2016	Mar 2017
Equity Capital	1.0	1.0	1.0
Reserves	38.1	33.1	38.1
Borrowings +	23.8	54.9	59.2
Long term borrowings	-	19.2	26.1
Short term borrowings	23.8	35.7	33.1
Trade payables +	9.7	5.8	15.6
Days payable	60.0	52.0	106.0
Other liabilities +	15.8	14.2	26.3
Other non-current liabilities	2.7	2.6	2.3
Other current liabilities	3.3	5.8	8.4
Total liabilities	78.6	103.1	124.5
Fixed Assets +	29.6	55.9	58.5
Tangible assets	18.5	39.3	42.9
CWIP	11.0	1.1	0.7
Intangible assets	-	15.4	14.9
LT loans and advances	4.3	-	-
Other non-current assets	0.6	2.1	5.3
Current assets +	44.2	45.2	60.7
Inventories	5.6	7.9	10.6
Trade receivables	14.8	13.8	16.6
Cash and cash equivalents	18.8	18.0	12.1
ST loans and advances	4.9	-	-
Other current assets	0.1	5.5	21.3
Total assets	78.6	103.1	124.5

Percentage of assets	Mar 2015	Mar 2016	Mar 2017
Equity Capital	1.27	0.97	0.8
Reserves	48.41	32.12	30.57
Borrowings +	30.27	53.18	47.52
Long term borrowings	0.0	18.61	20.93
Short term borrowings	30.27	34.58	26.59
Trade payables	12.32	5.63	12.51
Other liabilities +	20.05	13.73	21.11
Other non-current liabilities	3.49	2.51	1.81
Other current liabilities	4.25	5.6	6.78
Total liabilities
Fixed Assets +	37.63	54.16	47.02
Tangible assets	23.56	38.15	34.48
CWIP	14.01	1.11	0.53
Intangible assets	0.06	14.9	12.01
LT loans and advances	5.47	0.0	0.0
Other non-current assets	0.71	2.05	4.22
Current assets +	56.18	43.79	48.76
Inventories	7.14	7.62	8.52
Trade receivables	18.76	13.38	13.37
Cash and cash equivalents	23.93	17.43	9.74
ST loans and advances	6.2	0.03	0.03
Other current assets	0.15	5.33	17.1
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	3,150.7	3,908.2	5,544.8	5,164.6	4,159.6
Sales growth %	-16.19	24.04	41.87	-6.86	-19.46
Expenses +	3,149.8	3,671.8	4,900.0	5,028.9	4,461.2
Cost of goods	2,168.2	2,663.8	3,651.2	4,122.7	3,467.9
Employee cost	189.8	212.2	324.8	160.9	167.3
Other costs	452.3	497.4	592.0	471.7	478.3
Operating profit +	340.4	534.8	976.9	409.3	46.0
Operating margin %	10.8	13.7	17.6	7.9	1.1
Other income	13.9	8.2	32.0	39.2	43.1
Interest	158.6	124.2	144.8	169.7	259.6
Depreciation	181.0	174.2	187.3	103.9	88.0
Exceptional items	-	-	-	-	-
Profit before tax	14.8	244.6	676.7	174.9	-258.6
Tax	5.4	44.2	232.7	39.2	-78.1
Profit - disc. ops	-	-	-	736.9	418.9
Net profit	9.4	200.4	444.0	872.5	238.4
Net margin %	0.3	5.1	8.0	14.7	5.2

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	99.56	99.79	99.43	99.25	98.98
Expenses +	99.53	93.75	87.87	96.64	106.15
Cost of goods	68.51	68.02	65.47	79.22	82.52
Employee cost	6.0	5.42	5.82	3.09	3.98
Other costs	14.29	12.7	10.62	9.06	11.38
Operating profit	10.76	13.66	17.52	7.87	1.09
Other income	0.44	0.21	0.57	0.75	1.02
Interest	5.01	3.17	2.6	3.26	6.18
Depreciation	5.72	4.45	3.36	2.0	2.09
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	0.47	6.25	12.13	3.36	-6.15
Tax	0.17	1.13	4.17	0.75	-1.86
Profit - disc. ops	0.0	0.0	0.0	14.16	9.97
Net profit	0.3	5.12	7.96	16.77	5.67

	Mar 2015	Mar 2016	Mar 2017
Sales +	86.2	72.3	126.3
Sales growth %	None	-16.17	74.82
Expenses +	90.0	82.5	119.5
Cost of goods	58.5	40.9	53.7
Employee cost	9.4	13.4	24.2
Other costs	19.7	20.7	31.6
Operating profit +	-1.4	-2.7	16.8
Operating margin %	-1.6	-3.8	13.3
Other income	0.5	1.0	0.7
Interest	0.7	3.3	3.8
Depreciation	1.7	4.2	6.2
Exceptional items	-	-	-
Profit before tax	-3.3	-9.2	7.5
Tax	1.2	-0.1	1.2
Profit - disc. ops	-	-	-
Net profit	-3.1	-8.4	5.9
Net margin %	-3.5	-11.5	4.7

Precentage of total income	Mar 2015	Mar 2016	Mar 2017
Sales	99.37	98.6	99.45
Expenses +	103.77	112.53	94.11
Cost of goods	67.45	55.78	42.27
Employee cost	10.82	18.28	19.08
Other costs	22.71	28.29	24.9
Operating profit	-1.62	-3.75	13.21
Other income	0.63	1.4	0.55
Interest	0.82	4.51	2.98
Depreciation	1.97	5.67	4.89
Exceptional items	0.0	0.0	0.0
Profit before tax	-3.77	-12.53	5.89
Tax	1.36	-0.19	0.98
Profit - disc. ops	0.0	0.0	0.0
Net profit	-3.52	-11.5	4.66

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.4	0.4	0.6	0.3	0.4
Net Debt/Equity	0.4	0.4	0.5	0.2	0.4
Total Debt/Assets	0.2	0.2	0.3	0.1	0.2
Total Assets/Equity	2.0	1.9	2.0	2.1	2.1
Liquidity +
Current Ratio	0.9	1.2	1.4	1.9	1.2
Quick Ratio	0.6	0.9	0.8	1.4	0.8
Interest Coverage	2.1	4.3	6.7	2.4	0.2
Performance
Gross Margin	31.2	31.8	34.1	20.2	16.6
Operating Margin	10.8	13.7	17.6	7.9	1.1
Net Margin	0.3	5.1	8.0	14.7	5.2
Return +
Return on Equity	0.4	7.1	13.5	21.0	5.4
Pre-tax ROCE	5.4	10.9	21.5	10.9	-2.4
Return on Assets	0.2	3.6	6.7	9.8	2.5
Pre-tax ROIC	4.2	9.1	15.7	6.0	-0.7
Efficiency +
Days Payable	188.0	149.0	110.0	98.0	101.0
Days Inventory	95.0	64.0	89.0	77.0	91.0
Days Receivable	117.0	66.0	30.0	79.0	82.0
Fixed Asset Turnover	1.0	1.3	1.8	3.8	3.0
Total Asset Turnover	0.6	0.7	0.8	0.6	0.4
Working Capital
Cash Conversion Cycle	24.0	-19.0	9.0	58.0	72.0
Working Capital Days	-20.0	24.0	36.0	102.0	33.0

	Mar 2015	Mar 2016	Mar 2017
Solvency +
Total Debt/Equity	0.6	1.6	1.5
Net Debt/Equity	0.1	1.1	1.2
Total Debt/Assets	0.3	0.5	0.5
Total Assets/Equity	2.0	3.0	3.2
Liquidity +
Current Ratio	1.2	1.0	1.1
Quick Ratio	1.1	0.8	0.9
Interest Coverage	-2.0	-0.8	4.4
Performance
Gross Margin	32.1	43.4	57.5
Operating Margin	-1.6	-3.8	13.3
Net Margin	-3.5	-11.5	4.7
Return +
Return on Equity	-7.8	-24.7	15.2
Pre-tax ROCE	-8.4	-12.8	17.0
Return on Assets	-3.9	-8.2	4.8
Pre-tax ROIC	-7.1	-9.7	12.3
Efficiency +
Days Payable	60.0	52.0	106.0
Days Inventory	35.0	70.0	72.0
Days Receivable	62.0	70.0	48.0
Fixed Asset Turnover	2.9	1.3	2.2
Total Asset Turnover	1.1	0.7	1.0
Working Capital
Cash Conversion Cycle	37.0	88.0	14.0
Working Capital Days	31.0	-10.0	10.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

SBICap Trustee Company Limited

No. of Loans: 2

Total Amount : 4,327.0 cr

Catalyst Trusteeship Limited

No. of Loans: 1

Total Amount : 2,500.0 cr

Axis Trustee Services Limited

No. of Loans: 1

Total Amount : 1,540.9 cr

Export-Import Bank of India

No. of Loans: 2

Total Amount : 420.0 cr

Charge Holder	Amount	Date of creation/modification
SBICap Trustee Company Limited	127.0 cr	09 Sep, 2024
Catalyst Trusteeship Limited	2,500.0 cr	06 Nov, 2023
SBICap Trustee Company Limited	4,200.0 cr	15 Jun, 2023
Export-Import Bank of India	120.0 cr	15 Mar, 2023
Export-Import Bank of India	300.0 cr	24 Feb, 2023
Axis Trustee Services Limited	1,540.9 cr	27 Jan, 2023

Charges

SBICap Trustee Company Limited

Catalyst Trusteeship Limited

Axis Trustee Services Limited

Export-Import Bank of India

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
DEEPAK MINING SERVICES PRIVATE LIMITED	Active	1.0 L	2	Maharashtra
THE FERTILISER ASSOCIATION OF INDIA.	Active	0.0	1	Delhi
PRIYANK MERCANTILE LIMITED	Amalgamated	5.0 L	1	Maharashtra
NOVA SYNTHETIC LIMITED	Active	2.5 Cr	2	Maharashtra
COMPLETE MINING SOLUTIONS PRIVATE LIMITED	Strike Off	28.7 L	1	Maharashtra
GREYPOINT INVESTMENTS PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
HIGHTIDE INVESTMENTS PRIVATE LIMITED	Active	1.0 L	2	Maharashtra
HIGHTIDE INVESTMENTS PRIVATE LIMITED	Active	1.0 L	3	Maharashtra
ISHANYA BRAND SERVICES LIMITED	Active	4.1 Cr	2	Maharashtra
ROBUST MARKETING SERVICES PRIVATE LIMITED	Active	50.0 Cr	2
SCM COMMERCIAL PRIVATE LIMITED	Active	4.2 Cr	3
PERFORMANCE CHEMISERVE LIMITED	Active	25.5 L	5	Maharashtra
DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LTD	Active	126.2 Cr	4	Maharashtra
WORLD OF PERFORMING ARTS FOUNDATION	Active	1.0 L	1	Maharashtra
ADVANCED PERFORMANCE MATERIALS PRIVATE LIMITED	Active	40.0 Cr	1	West Bengal
ADPLUS CHEMICALS AND POLYMERS PRIVATE LIMITED	Active	1.0 Cr	1	West Bengal
MCNALLY BHARAT ENGG CO LTD	Active	33.3 Cr	1
PEERLESS HOSPITEX HOSPITAL AND RESEARCH CENTER LTD.	Active	32.1 Cr	1
THE PEERLESS GENERAL FINANCE & INVESTMENT CO LTD	Active	33.2 Cr	1
VEEDOL CORPORATION LIMITED	Active	3.5 Cr	1
HALDIA PETROCHEMICALS LTD	Amalgamated	1,959.0 Cr	1
TEXMACO RAIL & ENGINEERING LIMITED	Active	39.9 Cr	1
RAMKRISHNA FORGINGS LTD	Active	36.2 Cr	1	West Bengal
BLUEPLANET CONSULTANCY & ADVISORY (OPC) PRIVATE LIMITED	Active	1.0 L	1	Haryana
ESSAR OIL AND GAS EXPLORATION AND PRODUCTION LIMITED	Under CIRP	5.0 L	1
GREENLINE MOBILITY SOLUTIONS LIMITED	Active	79.9 Cr	1	Gujarat
YERROWDA INVESTMENTS LIMITED	Active	24.0 L	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
Platinum Blasting Services Pty Ltd.	Australia	-	-
Australian Mining Explosives Pty Ltd	Australia	-	-

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

VERY LOW INTEREST COVERAGE

Moderate Risk

RECEIVABLES DETERIORATING
LOW ROCE
CASH DETERIORATING
REVENUE BELOW AVERAGE

Low Risk

GROSS MARGINS DETERIORATING
EBITDA MARGINS DETERIORATING
NET MARGIN DETERIORATING
REVENUE DECLINE

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U67120PN1987PLC166034

PAN

AACCA5046P

Incorporation

1987, 38.6 years

Company Email

pankaj.gupta@dfpcl.com

Paid up Capital

₹ 20.6 Cr

Authorised Capital

₹ 35.5 Cr

AGM

Sep 2024

Type

Public

Others

FAQ - MAHADHAN AGRITECH LIMITED

What is the incorporation date of MAHADHAN AGRITECH LIMITED?

The incorporation date of MAHADHAN AGRITECH LIMITED is 21 January, 1987

What is the authorized share capital of MAHADHAN AGRITECH LIMITED?

The authorized share capital of MAHADHAN AGRITECH LIMITED is INR ₹ 35.5 Cr.

What is the paid-up capital of MAHADHAN AGRITECH LIMITED?

The paid-up capital of MAHADHAN AGRITECH LIMITED is INR ₹ 20.6 Cr.

What is the registered address of MAHADHAN AGRITECH LIMITED?

The registered address of MAHADHAN AGRITECH LIMITED is SAI HIRA, SURVEY NO.93, MUNDHWA, Pune, Pune, Maharashtra, India, 411036 - 411036

What is the CIN number of MAHADHAN AGRITECH LIMITED?

The CIN number of MAHADHAN AGRITECH LIMITED is U67120PN1987PLC166034.

Smart Suggestions

Top Blog Post

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

MAHADHAN AGRITECH LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Buy Report or Plans

Dashboards

Company dashboard

Buy credits

View subscriptions

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Financial+Litigation report

Due diligence report

Choose number of credits to buy

₹ 449 + GST

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

People

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

Charges

Company Network