Section I – General Details | |
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| 1. Basic Information |
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Year of Establishment: | Pragatimitra North Kanara Farmers Producer Company Limited |
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Registration Number: | U01100KA2016PTC095081 |
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Legal Status of the FPO: | Private Limited Company (FPC) |
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Year of Establishment: | 2016 |
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Name of the Promoting Institution (PoPI/RI/CBBO): | POPI : Manuvikasa |
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Section II - Governance and Management | |
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2. Number of board members: | 6 |
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3. % of women in Board of Directors: | 16.67 |
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4. Number of board meetings conducted in a year: | 5 |
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2. Number of board Member - Score | 1 |
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3. % of women in Board of Directors: - Score | 0 |
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4. Number of board meetings conducted in a year: - Score | 2 |
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5. Is there documentation of meeting minutes: | 1 |
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6. Are the circulated or read in the next meeting: | 1 |
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7. Please specify the date of last Annual General Meeting (DD/MM/YYYY): | 27/09/2024 |
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5. Is there documentation of meeting minutes:- Score | 3 |
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6. Are the circulated or read in the next meeting:- Score | 3 |
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7. Annual General Meeting - Score | 3 |
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| 8. Details of the CEO – |
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a. Name: | Vivek Hegde |
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b. Gender | Male |
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c. Highest Education Qualification: | 3 |
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d. Year of experience of CEO at FPO: | 12 |
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f. CEO’s short bio (Maximum of 100 words): | He Has served as a Trustee in Manuvikasa(NGO), as a Director in Pragatimitra Souharda Sahakari Sangha Niyamita(Federal co-operative credit society) and also as a Founder director of Pragatimitra NKFPCL. As a consultant he has carried out project corresponding to Water conservation, Farm development, Education, Women empowerment, conservation of red list and endangered IUCN species, sustainable agriculture, Agri business development and Fund raising. |
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| 9. Which of the following policy manuals are available? |
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1. Financial & Compliance Management | 1 |
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2. Human Resource Management | 1 |
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3. Procurement Policy | 1 |
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4. Operations Management | 1 |
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10. Does the FPO have a Business Plan? | 1 |
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13. Details of FPO Employees (CEO, Accountant, Marketing Personnel, etc.) | Employee Designation | Full Time/Contract | Number of Years in Service at the FPO | Paid by FPO/Promoting Institution/Funding Organization |
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CEO | Full Time | 8 | FPO | Accountant | Full Time | 5 | FPO | Business Development Manager | Full Time | 2 | FPO |
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14. What trainings were provided to staff (staff and board members only) in last FY? | Name of the Training | Objective/Agenda of the Training | Number of Persons Trained |
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BOD Training | Company Law, Income Tax, GST and Reporting Management | 20 | CEO Training | Business Planning, Reporting, Roles and Responsibility and other Capacity Building | 04 | Nabard Sponsored Training for CEO and Director “ | “Quality seed production and value-added products in fodder crops for sustainable farm income” for animal husbandry FPO members. | 03 |
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Section III – Financial Management | |
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| 15. Who is the approving authority for making payments? |
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Financial Limit : Up to INR 50,000 | CEO and One Director |
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Financial Limit : INR 50,000 to INR 100,000 | CEO and One Director |
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Financial Limit : Above INR 100,001 | BOD |
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16. Who are the authorized signatories for the FPO? | Sr. No | Name | Designation |
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1 | Vivek Hegde | CEO | 2 | Harischandra Bhat | Director/Chairman | 3 | Vinay Hegde | Director |
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17. What is the accounting system used to maintain the data? | TALLY |
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18. Does the FPO prepare its annual budget? | 1 |
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19. If yes, how frequently the annual budgets are reviewed? | Every AGM |
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21. Are the statutory audits completed timely? | Yes |
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22. Please share the date of audits for the last three financial years: Date of Audit (DD-MM-YY) | 2024-25 | 2023-24 | 2022-23 |
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09-09-2025 | 09-09-2024 | 22-08-2023 |
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23. Has the FPO received any credit in the last 3 years? [FY 2022-23, FY 2023-24, FY 2024-25]: | Yes |
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24. If yes, please provide the details: | Sr. No | Year | Source | Amount Received INR | Interest Rate | Tenure | Repayment (on time / delayed) | Purpose (working capital, infrastructure, etc.) |
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1 | 2022-23 | Bank of Baroda | 25,00,000 | 9.15 | 12 months | Active | Overdraft Facility | 2 | 2022-23 | Nabkisan Finance Ltd | 4,23,000 | 9 | 9 quarter | Active | Purchase of Goods Carrier | 3 | 2024-25 | Nabkisan Finance Ltd | 72,00,000 | 11.5 | 16 months | Active | Working Capital |
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Section IV – Business | |
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| 25. What was the turnover and profit/loss in the last three FYs? |
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1. Year : 2024-25 | Revenue INR | Profit/Loss (in INR) |
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2,57,34,448 | 2,50,599 |
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2. Year : 2023-24 | Revenue INR | Profit/Loss (in INR) |
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1,34,41,730 | 1,76,139 |
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3. Year : 2022-23 | Revenue INR | Profit/Loss (in INR) |
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1,03,03,256 | 1,15,707 |
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26. List the type of licenses obtained by the FPO [trade, pesticide, seed, fertilizer, etc.]: | - APMC License
- GST License
- Fertilizer License
- Udyam Registration Certificate
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| 27. Please provide details of the business lines of the FPO: |
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| Output Marketing |
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Retail Marketing of Produce | Value (last FY, INR) | % of Total Revenue |
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753661 | 2.93 |
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Institutional Agreements/Linkages for Marketing | Value (last FY, INR) | % of Total Revenue |
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16776120 | 65.31 |
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Online Marketing | Value (last FY, INR) | % of Total Revenue |
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57800 | 0.2 |
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Any Other | Value (last FY, INR) | % of Total Revenue |
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53000 | 0.20 |
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| Input Marketing |
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Seeds | Value (last FY, INR) | % of Total Revenue |
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48,030 | 0.18 |
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Fertilizer/Pesticide | Value (last FY, INR) | % of Total Revenue |
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41,550 | 0.16 |
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| Value Addition |
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Grading | Value (last FY, INR) | % of Total Revenue |
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312500 | 1.21 |
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Processing | Value (last FY, INR) | % of Total Revenue |
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1716230 | 6.68 |
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| Other Services |
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Custom Hiring Centre | Value (last FY, INR) | % of Total Revenue |
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5563469 | 21.65 |
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| 28. What commodities does the FPO trade in? |
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Semi-perishable | Revenue | Product |
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Arecanut and Black Pepper | 17730161 |
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29. Does the FPO carry out any value addition activity? | Yes |
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30. If yes, please describe and provide details of the process and product: | Sr. No | Value Addition | Details |
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1 | Arecanut Polishing | Conversion of low grade arecanut into high grade arecanut, value addition upto 25%. | 2 | Hot water sterilization of Black Pepper | Fungus infected balck pepper corns will be treated with hot water at high pressure. This process removes fungus from the surface of Pepper corn. Value addition upto 30% | 3 | Bio waste arecanut husk into organic manure | Husk is treated with slaked lime(Neutralization) then shredded and mixed with other bio-mass and cow dung slurry and compost culture. Manure conversion time 150 to 180days. Manure selling price Rs.6 to Rs.8/kg. | 4 | Conversion of Fallen Arecanut Palm leaves into eco-friendly cutlery/ Utensils | Fallen leaves is collected and molded(Heat) into eco-friendly cutlery/Utensils which is use to serve food. Unit selling price is about Rs.5/pcs |
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| 31. Name and describe a brand that the FPO has created, if any: |
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Name | PMB SIRSI SAFED SUPARI |
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Describe a brand that the FPO has created | Arecanut is marketed to Gujarat, Uttar Pradesh and other parts of North India under the above brand |
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33. Please provide a list of business partnerships for output sale and marketing: | Sr. No | Business Partner | Details of, Output Sale / Marketing of Product |
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1 | Netravati Trading Company, Apmc Sirsi | Arecanut | 2 | Razak Traders | Arecanut | 3 | Dhanashree Traders | Arecanut | 4 | Omkar Trading Company, Heggar | Arecanut |
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Section V - Innovation | |
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| 34. Please Indicate any innovation incorporated in the FPO. Elaborate on the innovation and its application in; technology, operations, production, service delivery, business generation, management practices, etc.: |
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*Please limit your response to 200 words. | FPC has developed an user-friendly mobile application for advance booking/reservation
of Custom Hiring, Farm Development, Processing, Machinery and other services of the
company. App gives a hassle free interface to farmer members to book services on the
based on their requirement, using this app one can block the dates on which he desires
to use a particular service. This application extends the facility of both regular and Tatkal booking, this enables the farmers to get prioritized and timely services. Application not only aims to promote the business of the company but also creates a platform to other service providers to fetch orders and on the other hand the farmers will be getting the price advantage as it is regulated by the FPC. It also embeds a unique feature of “Refer and Earn” where one can refer a work, if converted into a work order he will get an incentive of 2% of the quantum of work. Since it is a mobile application vendors of any farm related Service/FPC/Society etc. can onboard their services in the app and get orders from any geographical area. opportunity for both users and service providers is provided which makes the innovation both scalable and replicable. |
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Section VI - Sustainable Agriculture Practices | |
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35. List the Sustainable agricultural practices of the FPO along with the number of farmers associated: | Sr. No | Sustainable Agricultural Practice(s) | Number of Members |
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1 | Crop Rotation(Paddy and Tuber Crops) | 45 | 2 | Poly culture(Arecanut, Pepper, Banana, Coco/Coffee, Cardamom, Vanilla and Turmeric) | 378 | 3 | Integrated Farming(Spices garden integrated with live stock(Dairy), Manure production, NTFP trees in common land(betta land)) | 271 | 4 | Organic Farming (Use of Farm yard manure, Cocofit/press mud based manure, organic pesticides/fungicides , Bio agents for the control of Pets/Worms) | 305 |
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Section VII - Member Centrality and Impact | |
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36. Number of shareholder members: | 1017 |
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37. Shareholding capital, INR (as of 31st March 2025): | 1205200 |
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| 38. Total number of farmers doing business directly through FPOs: |
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Type : Member - Number of Farmers | 738 |
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Type : Non-member - Number of Farmers | 317 |
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| 39. Please specify the number of numbers involved in different lines of business: |
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1. Line of Business : Input Supply | 115 |
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2. Line of Business : Output Marketing | 223 |
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3. Line of Business : Value Addition and Processing | 98 |
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4. Line of Business : Custom Hiring Centre | 415 |
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5. Line of Business : Loan Disbursement | 0 |
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Section VIII - Impact | |
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| 40. What infrastructure support has been developed by the FPOs for the members?*Tick the ones that apply |
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1 Aggregation Point | Yes |
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2. Warehouse | Yes |
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4. Processing Plant | Yes |
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5. Packaging Plant | Yes |
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7. Input Shop | Yes |
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42. Any incremental benefit for the members in terms of profit, network, finance, etc.: | Fully Integrated Own Processing Infrastructure |
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Section IX – Supporting Docs and Contact | |
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| 43. Please make a single PDF containing the following documents: |
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| 45. Contact Details of the POC: |
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Section X - Declaration | |
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| I declare that the information provided is true and to the best of my knowledge. I understand that my application might be rejected at any stage, if any of the information furnished in the form is found to be inaccurate. |
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