Agarwal Industrial Corporation Limited - Company overview

Aicl is a listed public limited company, first registered with ROC Mumbai I on 13 January 1995.

1995-01-13 Chembur, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 13.1%
FY 2025
PROFIT / LOSS
₹100–500 Cr
▲ 5.9%
FY 2025
EBITDA
₹100–500 Cr
▲ 19.3%
FY 2025
NET WORTH
₹500–1000 Cr
▲ 22.7%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 22.5%
FY 2025
OPEN CHARGES
12
153.52 cr
PAID-UP CAPITAL
14.96 cr
AUTHORISED CAPITAL
17.00 cr
COMPANY AGE
31 Years 9 Months
since 1995-01-13
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-22
ACTIVE GST
9
Updated: 2023-11-09 17:59:26
TOTAL MONEY RAISED
₹50–100 Cr
SATISFIED CHARGES
37
141.53 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Aicl covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
71/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (85), director (90) and company-foundation signals.
  • Operating for 31+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 13 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Aicl Company identity, industry, contact, and registration details from MCA and company records.

Aicl is a listed public limited company, first registered with ROC Mumbai I on 13 January 1995. Its registered office is in Chembur, Maharashtra. It was earlier known as Bombay Baroda Roadways (India) Limited.

Its filings describe the main line of business as coke and refined petroleum products, which made up 95.9% of turnover.

It has 13 directors: Khushboo Mahesh Lalji, Mahendra Agarwal, Balraj Subramaniam and 10 others. The longest-serving is Mahendra Agarwal, on the board since 1995; the most recent to join is Yashee Agrawal, appointed in June 2025. Jai Prakash Agarwal is the managing director. The board changed around August 2023, when Rajkumar Moolraj Mehta and Harikrishna Rameshchandra Patni stepped down and new directors joined. Between them, the directors also sit on the boards of 2 other companies, including Dj Mediaprint & Logistics Limited and Emerge Finvest Services Private Limited.

Paid-up capital stands at ₹14.96 crore out of ₹17 crore authorised. The last AGM on record was on 22 September 2025, for accounts made up to 31 March 2025. 12 charges (secured loans) are still open, with Hdfc Bank Limited among the lenders, and 37 more have been paid off. Its shares trade on BSE (531921) and NSE (AGARIND).

Chemicals and Materials •••••••• Environment ••••••••
  • Location Eastern Court, Unit No. 201-202, Plot No-12 V. N. Purav Marg, S.T. Road, Chembur, Maharashtra - 400071
  • Website aicltd.in
Name History
Legal NameAgarwal Industrial Corporation Limited
CIN / LLPINL99999MH1995PLC084618
Company No.084618
Stock Symbol BSE: 531921 | NSE: AGARIND
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1995-01-13
Date of AGM2025-09-22
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Aicl (13) Current board members from MCA filings, including designation and appointment details.

K
Khushboo Mahesh Lalji
Director | Since 2023-08-28 | DIN: 08209426
M
Mahendra Agarwal
Director | Since 1995-01-13 | DIN: 01366495
B
Balraj Subramaniam
Additional Director | Since 2024-07-31 | DIN: 10381338
M
Mahendra Pimpale
Director | Since 2023-08-28 | DIN: 08486528
V
Vipin Agarwal
CFO | Since 2015-12-23 | DIN: 09865719
V
Vipin Jugalkishore Agarwal
CFO | Since 2015-12-23

Financial Performance of Aicl Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 13.1%
P&L ₹100–500 Cr ▲ 5.9%
EBITDA ₹100–500 Cr ▲ 19.3%
Net worth ₹500–1000 Cr ▲ 22.7%

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Charges of Aicl Open and satisfied charges registered against the company with MCA.

Others : 50.00 cr
Hdfc Bank Limited : 14.22 cr
Open Charges: 12 Satisfied Charges: 37
Open 153.52 cr
Satisfied 141.53 cr
LenderAmountStatus
Others
Creation Date: 18 Dec 2025
 50.00 cr Open
Hdfc Bank Limited
Creation Date: 28 Feb 2025
 2.62 cr Closed
Hdfc Bank Limited
Creation Date: 24 Feb 2025
 7.50 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingCoke and refined petroleum products95.9
Transport and storageLand Transport via Road4.04

Companies With Common Directors Of Aicl Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Dj Mediaprint & Logistics Limited 1 Shared Director
Emerge Finvest Services Private Limited 1 Shared Director

Financial Ratios of Aicl Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Aicl Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Aicl EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Aicl GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Aicl Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

2 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Aicl MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Aicl Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

3 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Aicl Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Aicl Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Aicl?
MCA does not publish an "owner" field. Aicl is run by its directors, Khushboo Mahesh Lalji, Mahendra Agarwal, Balraj Subramaniam and ten others, with Jai Prakash Agarwal as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Aicl?
Aicl has 13 current directors: Khushboo Mahesh Lalji (since August 2023), Mahendra Agarwal (since January 1995), Balraj Subramaniam (since July 2024), Mahendra Pimpale (since August 2023), Vipin Agarwal (since December 2015) and Vipin Jugalkishore Agarwal (since December 2015), plus 7 more. Jai Prakash Agarwal is the managing director.
What is CIN of Aicl?
The CIN of Aicl is L99999MH1995PLC084618. Reading it left to right: L means it is listed, 99999 is the industry code it registered under, MH is Maharashtra, 1995 is the year it was registered, PLC is the company type and 084618 is its registration number.
When was Aicl incorporated?
Aicl was incorporated on 13 January 1995 with ROC Mumbai I. That makes it more than 31 years old.
What is the registered address of Aicl?
The registered office on MCA records is Eastern Court, Unit No. 201-202, Plot No-12 V. N. Purav Marg, S.T. Road, Chembur, Maharashtra - 400071.
What is the current status of Aicl?
MCA shows Aicl as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Aicl?
You can post to its registered office at Eastern Court, Unit No. 201-202, Plot No-12 V. N. Purav Marg, S.T. Road, Chembur, Maharashtra - 400071 and use its website, https://aicltd.in.
What industry or business activity is Aicl associated with?
Its MCA filings list the main business as coke and refined petroleum products (95.9% of turnover).
What is paid-up capital and authorised share capital of Aicl?
Paid-up capital is ₹14.96 crore and authorised capital is ₹17 crore, so about 88% of the authorised amount has been issued.
When did Aicl last file accounts and hold an AGM?
The last AGM on record was on 22 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Aicl?
12 charges against Aicl are still open and 37 have been satisfied. Lenders named in the filings include Hdfc Bank Limited.
Have any directors left Aicl?
Yes, 13 former directors are on record. The most recent to leave were Dipali Suryakumar Pitale (February 2025), Saurabh Mahesh Sarayan (July 2024) and Dinesh Muddu Kotian (May 2024).
Which companies share directors with Aicl?
2 companies share directors with Aicl: Dj Mediaprint & Logistics Limited and Emerge Finvest Services Private Limited.
What is the turnover or revenue of Aicl?
Based on filed financial statements, the revenue of Aicl for FY 2025 was in the ₹1000+ Cr range. That is up 13.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Aicl?
For FY 2025, the net worth of Aicl was in the ₹500–1000 Cr range.
How can I get the financial details of Aicl?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Aicl?
The website on record for Aicl is https://aicltd.in.
Which company owns aicltd.in?
aicltd.in is the website listed for Agarwal Industrial Corporation Limited in its company records.
Is Aicl registered with any stock exchange in India?
It is listed on both BSE (scrip code 531921) and NSE (symbol AGARIND).
Aicl - is it listed or unlisted?
Aicl is a listed company, and its CIN starts with L.
What is the ROC code of Aicl?
Aicl is registered with ROC Mumbai I.
What is the company classification of Aicl?
MCA classifies Aicl as: Public Limited Indian Non-Government Company.
Does Aicl have subsidiaries?
Yes, 3 subsidiaries are on record for Aicl.
Does Aicl have GST registrations on file?
Yes, 9 active GST registrations are linked to Aicl, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.