- CEO
- Mangesh Parashram Gadakh
- Full Time Employees
- - -
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Shop. No. 17 Mumbai MA India 382 355
- IPO Date
- Jan 2, 1995
- Business
- Elegant Floriculture & Agrotech (India) Limited (ELEFLOR.BO), founded in 1993 and headquartered in Mumbai, India, with primary cultivation facilities in Pune, Maharashtra, operates as a leading grower, exporter, and supplier of premium cut flowers and indoor plants. The company specializes in fresh-cut roses sourced from Dutch and European breeders, including varieties such as Aqua, First Red, Marie Orange, Naranga, Noblesse, Poison, White Noblesse, Binaca, Gold Strike, Passion, Grand Gala Red, Upperclass Pink, Upperclass Red, and Shakira; Gerbera flowers in red, pink, yellow, and white; and indoor plants like Alfenias, Anthuriums, Crotons, Zamioculcas, Aglaonemas, and Orchids. It provides ancillary services including fertilizers, pesticides, warehousing for fresh flowers, and marketing support, primarily exporting to European countries and Japan while serving domestic markets for gifting, decorations, and ornamental use. In recent developments, the company reported exceptional financial performance in the June 2025 quarter, with net profit surging 1038.89% to Rs 2.05 crore and sales rising over 214,000% to Rs 150.13 crore, driven by strong revenue growth that outperformed its three-year CAGR. It held its 32nd Annual General Meeting on September 29, 2025, approving financials, reappointing directors, appointing new secretarial auditors for five years, and passing a resolution to shift its registered office. In October 2025, it appointed M/s. N. Bagaria & Associates as secretarial auditors for FY2025-26 through FY2029-30.