AGRI AFFIX PRIVATE LIMITED
1. Details of Business:
AGRI AFFIX PRIVATE LIMITED. is one of the premier seed companies in the country. It is one of the finest seed companies in India, with an emerging strong marketing base for developing and selling quality seeds in key Indian crops. The company saga began in September 2020, when Late. Shri Amit Kumar Mishra, a young and dynamic agriculture graduate, through his start-up Agri Affix Private Limited, ventured into the adventure.
2. Change Of Management:
3. Capital Introduced In 2023
- Later on 15000 shares were internally transferred from Amit kumar Agrawal to Mr Dharamjeet Kanungo and Mrs Anuradh Agrawal respectively.
4. Business Strategy:
Agri Affix Private Limited has 3 plus years of rich experience in Indian seed industry. It has 35 plus high-quality hybrids and other varieties developed across field crops. Agri Affix always aim to develop superior hybrids and inbred varieties in field crops that are high yielding and are resilient under varying agro climatic conditions. As part of the growth strategy, Agri Affix is investing consistently in increasing the line of products in field and vegetable crops.
Our relentless pursuit towards seed innovation has helped farmer’s yields enormously and earned us tremendous goodwill amongst farmers and distributors. The Company has developed a committed grower network across different agro-climatic zones in 3 states of India.
Multi-crop portfolio, superior R&D, strong product launch capabilities, brand equity, farmer trust, comprehensive supply chain, robust distribution network, competent and engaged human capital, and strong financial position are pillars of Agri Affix’s business strategy for long term success.
The major thrust of the Company is to help farmers, capture the market opportunities and also strongly face the external challenges through innovation rooted in our deep understanding of crops and needs of growers of India. Keeping in view with farmer’s needs and consumer preference, research efforts are focused in designing and developing suitable hybrids by way of entering into MOU’s with Universities.
5. Human Resources
6. Our key accreditations:
7. The Thrust:
The Company is looking forward to new grounds in R&D. It is looking forward for its own processing unit with registered own firm-based growers. With a Gross Turnover of Rs.6.30 Crores and a Net Profit of Rs.25 lakhs for the financial year ended 31st March 2024, the Company is surging forward to scale new heights in Agri business. Agri Affix Company is certainly marching ahead towards green growth.
Agri Affix has sowed and nurtured the seeds of trust and loyalty among farmers for Years. The result is that the company has now emerged as the preferred choice of the farming fraternity across India. The company further reinforces market position by foraying into various markets, relying on the performance of the products and catering to the changing requirements of the customers. This is company’s road map of growth and value creation for all stake holders.
8. Key Financial Highlights
| Particulars | 2022 | 2023 | 2024 |
| Turnover | 19,439,618 | 7,376,888 | 630.50 lacs |
| Net Profit/(Loss) | 95,446 | 231,230 | 25.00 lacs |
| Net Worth | (185,189) | 46,041 | 75.46 lacs |
Proposed Actvities
During the Current FY 24-25, the Estimated Turnover is Rs. 15 crores with an estimated bottom line of Rs. 125 lacs. Thus, EBIT will be 8% approx. Due to initial years of the company, Net realisable value per kg of seeds in initially @ 40% of cost which eventually after 2-3 years reaches to 70-80 % approx. as per industry norms.
Further more than 80 % of expenses are of fixed nature, hence level of expenses will not increase in tandem with turnover thus profitability will increase with increase in volume. Volume as well as profitability can also be increased by incorporating sale of Vegetable seeds and other field crop seeds like Maize, soyabean, cotton, wheat etc. The best part of the business model is that the demand is always ahead of supply irrespective of the number of companies working in the system.
We aspire for establishment of our own infrastructure by installing Plant& machinery and creating our own warehouse so that rentals of both can be saved along with ensuring timeliness and Quality. This will also enhance the brand value of the company in the ecosystem which in turn will ensure higher net realisable value per kg. Processing charges ranges from 4-5 Rs per kg which is very huge in value. Estimated amount of CAPEX is around 650 to 700 lacs ( Land Rs 300 L, Warehouse Rs 250 L, P/M 150 lacs) and Rs 750 lacs for working capital .Hence if we plan to go for 5000 MT in FY25-26 of seed production and sales ,the payback period will be around 2.5 years. All these estimates are on conservative basis.
We also wish to expand the operations of the company in MP, Maharashtra, Bihar Jharkhand, Telangana and UP. This will help in achieving our projected turnovers comfortably.
Sales Projections: FY23-24 (Actuals) 900 MT of paddy Rs. 455 lacs
FY 24-25 (Estimated) 2000 MT of Paddy Rs. 1200 lacs
500 MT of Wheat. Rs. 300 lacs
FY 25-26 (projected) 5000 MT of Paddy Rs. 3000 lacs
1000 MT of Wheat. Rs. 600 Lacs
Above figures don’t include Sales and Profitability on account of sale of Vegetables and Plant growth Nutrients which in itself is a huge market and the profitability of these 2 is very high as compared to Field Crops. Further agri implements like sprayer and other equipments have a big market. Thus many more business lines can be easily developed to increase sales and profitability .
Another big area is Government Supplies. We have started procuring breeder seeds from universities and undergoing our own production programmes. This is mandatory for getting certified tags from the seeds certification agencies for registration in various states for doing business in retail as well as government sector.
