MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-02-0014592
Accelerated Freeze Drying Co Limited - food and beverages in Alappuzha, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹237.24 Cr
▲ 16% YoY
Net profit · FY 2022
₹5.27 Cr
Net margin 2.2%
EBITDA · FY 2022
₹16.2 Cr
EBITDA margin 6.8%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.45 Cr
Issued & subscribed
Open charges
₹289.16 Cr
Satisfied ₹255.2 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
348
Provident fund records
About Accelerated Freeze Drying Co Limited
Data last updated:
Accelerated Freeze Drying Co Limited is a public limited company based in Alappuzha, Kerala, India. It operates in the meat and fish processing and distribution segment of the food and beverages sector. It was incorporated on 17 March 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U15499KL1986PLC004446. Its GSTIN is 32AABCA9632J1ZR (Kerala). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.45 Cr. It was formerly known as Accelerated Freeze Drying Company Pvt Ltd. It is led by directors including Abraham John Tharakan (Managing Director) and Keya Tharakan (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E P IV/513 Ezhupunna P O Ezhupunna P O, Alappuzha, Kerala, India – 688548.
As per the financials filed for FY 2022, the company reported a revenue of ₹237.24 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.27 Cr (net margin 2.2%) and EBITDA of ₹16.2 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
The company has about 348 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹289.16 Cr and satisfied charges of ₹255.2 Cr on record. Court records list 28 cases involving the company, including 23 filed by the company and 5 filed against it; 2 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹21.17 Cr; the latest was in September 2021. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 375 overdue payments to 93 micro and small suppliers.
Accelerated Freeze Drying Co Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0014592). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amalgamfoods.com.
Company details
CIN U15499KL1986PLC004446
Registration Number 004446
Incorporation Date 17 March 1986
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-02-0014592
Key People
Abraham John Tharakan Managing Director Keya Tharakan Managing Director Sundaresh Kamath Panduranga Company Secretary Recognitions & Rankings of Accelerated Freeze Drying Co
Contact details
Accelerated Freeze Drying Co Limited's registered office is in Alappuzha, Kerala. Its website is amalgamfoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE P IV/513 Ezhupunna P O Ezhupunna P O, Alappuzha, Kerala, India – 688548
- IndustryFood and Beverages, Meat & Fish Processing & Distribution, Spice Manufacturing & Distribution
To see the full contact details of Accelerated Freeze Drying Co Limited, buy the company report.
Comprehensive company report
Accelerated Freeze Drying Co Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Financials of Accelerated Freeze Drying Co Limited
FY 2024 filings availableAccelerated Freeze Drying Co Limited reported revenue of ₹237.24 Cr (up 16% YoY) for FY 2022.
Revenue · FY 2022
₹237.24 Cr ▲ 16%
Net profit · FY 2022
₹5.27 Cr margin 2.2%
EBITDA · FY 2022
₹16.2 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 5%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 4%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 16% growth in the latest year. EBITDA rose 37% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹237.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.27 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Accelerated Freeze Drying Co Limited, buy the company report.
Board of directors and KMP of Accelerated Freeze Drying Co Limited
Accelerated Freeze Drying Co Limited currently reports 9 directors and 1 key managerial person. 20 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundaresh Kamath Panduranga Also directs: Amalgam Foods Limited, Amalgam Investments Private Limited, Glitnir Corporate Solutions Private Limited and 1 more | Company Secretary | 17 Jan 2014 | 12 Years 9 Months | Current |
| Michiko Kakuchi | Nominee Director | 13 Jul 2022 | 4 Years 3 Months | Current |
| Toshio Nakai | Nominee Director | 17 Jul 2015 | 11 Years 3 Months | Current |
| Balagopal Chandrasekhar | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Lalith Kumar Christopher Roy Also directs: Bluegrass Cultural Foundation | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Abraham John Tharakan Also directs: The Anthraper Estates Pvt Ltd, Amalgam Aquaculture Applications Limited, Indo Nissin Foods Private Limited and 5 more | Managing Director | 17 Mar 1986 | 40 Years 7 Months | Current |
Showing 6 of 10 current directors and KMP. View all directors and KMP
Auditor
Accelerated Freeze Drying Co Limited is audited by Rangamani & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rangamani & Co. | FY 2022 | 003050S |
Shareholding
The shareholding of Accelerated Freeze Drying Co Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accelerated Freeze Drying Co Limited, buy the company report.
Charges & borrowings
Open charges
₹289.16 Cr
Satisfied charges
₹255.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2025 | 101196315 | Others | ₹7 Cr | Open | |
| 04 Nov 2025 | 101202778 | Others | ₹20.5 Cr | Open | |
| 16 Sep 2025 | 101169478 | Others | ₹13 Cr | Open | |
| 14 Nov 2024 | 101011400 | Others | ₹2 Cr | Open | |
| 14 Nov 2024 | 101011406 | Others | ₹4 Cr | Open |
To see the full charge records of Accelerated Freeze Drying Co Limited, buy the company report.
Total charge records: 67 View all charges
Deals & funding
Accelerated Freeze Drying Co Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹21.17 Cr; the latest was in September 2021.
Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹21.17 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Nissin Foods Asia Company Limited Seller: Nissin Foods (Asia) Pte. Limited |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: Nissin Foods (Asia) Pte. Limited Seller: ITOCHU Corporation |
| Feb 2014 | Funding round | ₹2.12 Cr | Investors: Nissin Foods (Asia) Pte. Limited |
| Jan 2014 | Funding round | ₹19.06 Cr | Investors: Amalgam Foods Limited , Nissin Foods (Asia) Pte. Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Accelerated Freeze Drying Co Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Accelerated Freeze Drying Co Limited has 28 court cases on record: 23 filed by Accelerated Freeze Drying Co, 5 filed against it. 2 cases are pending and 26 are disposed.
Total cases
28
Filed by the company
23
Filed against the company
5
Pending
2
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 3 | 0 |
| District courts | 2 | 1 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2407-Indirect Taxation : Entry tax, motor vehicle tax, purchase tax, entertainment tax, terminal tax, octroi, toll tax, professional tax, Gold Control Act, Hotel Receipts Tax Act, Water and sewage Tax, luxury tax, Cess Acts) | Filed against the company by individuals | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by Accelerated Freeze Drying C Ltd | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Ms Zeeyem Pharmaceuticals | Disposed |
| High Court, Kerala | Writ petition | Filed by the company against individuals | Disposed |
| High Court, Kerala | Tax appeal | Filed by the company against Assistant Commissioner of Income Tax | Disposed |
To see the full case history of Accelerated Freeze Drying Co Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Accelerated Freeze Drying Co Limited was last rated by Icra on 29 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Sep 2022 |
To see the full credit ratings and regulatory alerts of Accelerated Freeze Drying Co Limited, buy the company report.
MSME payment delays
Accelerated Freeze Drying Co Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 375 overdue payments to 93 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 93)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Novel Facility Services Private Limited | |||
| Integrated Food Park Limited | |||
| Wisdom Isa Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Accelerated Freeze Drying Co Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Accelerated Freeze Drying Co has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Amalgam Foods Limited | U15116KL1986PLC004551 |
To see the full group structure of Accelerated Freeze Drying Co Limited, buy the company report.
Employees & EPFO
Accelerated Freeze Drying Co Limited has a workforce of 348 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
348
Active EPFO establishments
2
Employee growth
-2.52%
GST
Accelerated Freeze Drying Co has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCA9632J1ZR | Kerala | Active | 01 Jul 2017 |
| 29AABCA9632J1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Accelerated Freeze Drying Co Limited, buy the company report.
Recent activity
Accelerated Freeze Drying Co Limited has 30 board changes on record since 1986: 10 appointments and 20 cessations. The latest: Nirei Oishi was appointed as Nominee Director on 03 Jun 2025.
Charges
A charge with State Bank Of India of Rs. 53.45 Cr registered on 08 Jan 2021 with Charge ID 100410649 was modified on 10 Nov 2025.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101196315 was registered on 04 Nov 2025.
Charges
A charge with Others amounted to Rs. 20.50 Cr with Charge ID 101202778 was registered on 04 Nov 2025.
Charges
A charge registered on 14 Nov 2024 via Charge ID 101011396 with Others was fully satisfied on 29 Oct 2025.
Charges
A charge registered on 14 Nov 2024 via Charge ID 101011408 with Others was fully satisfied on 29 Oct 2025.
Charges
A charge with Others amounted to Rs. 13.00 Cr with Charge ID 101169478 was registered on 16 Sep 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 27 Dec 2023 with Charge ID 100850939 was modified on 16 Sep 2025.
Charges
A charge with Others of Rs. 25.00 Cr registered on 16 Feb 2022 with Charge ID 100544404 was modified on 16 Sep 2025.
Charges
A charge with Others of Rs. 2.20 Cr registered on 11 Jan 2022 with Charge ID 100532480 was modified on 16 Sep 2025.
Charges
A charge with Others of Rs. 21.00 Cr registered on 19 Mar 2021 with Charge ID 100435565 was modified on 16 Sep 2025.
Charges
A charge with Others of Rs. 2.00 Cr registered on 14 Nov 2024 with Charge ID 101011400 was modified on 15 Jul 2025.
Charges
A charge with Others of Rs. 4.00 Cr registered on 14 Nov 2024 with Charge ID 101011406 was modified on 15 Jul 2025.
162 earlier events are in the company report.
Frequently asked questions
Accelerated Freeze Drying Co is an active public limited company based in Alappuzha, Kerala, India. The company works in meat and fish processing and distribution, within the food and beverages industry. It was incorporated on 17 March 1986 (40+ years old) and is registered under CIN U15499KL1986PLC004446.
Accelerated Freeze Drying Co has 10 current directors and KMP:
- Abraham John Tharakan - Managing Director
- Keya Tharakan - Managing Director
- Michiko Kakuchi - Nominee Director
- Toshio Nakai - Nominee Director
- Balagopal Chandrasekhar - Director
- Lalith Kumar Christopher Roy - Director
- Hiroyuki Yoshida - Nominee Director
- Kalliattu Panoli Prabhakaran Nambiar - Director
- Nirei Oishi - Nominee Director
- Sundaresh Kamath Panduranga - Company Secretary
The latest financial statements of Accelerated Freeze Drying Co on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Accelerated Freeze Drying Co is 32AABCA9632J1ZR, registered in Kerala. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 29AABCA9632J1ZE (Karnataka).
The CIN (Corporate Identification Number) of Accelerated Freeze Drying Co is U15499KL1986PLC004446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accelerated Freeze Drying Co has 28 court cases on record: 23 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Accelerated Freeze Drying Co was incorporated on 17 March 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ernakulam.
Accelerated Freeze Drying Co has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹21.17 Cr; the latest was in September 2021.
Nirei Oishi was appointed as Nominee Director on 03 Jun 2025. Toshio Nakai ceased to be Nominee Director on 03 Jun 2025. Balagopal Chandrasekhar ceased to be Additional Director on 29 Sep 2024. Accelerated Freeze Drying Co has 30 board changes on record in total.
Yes, Accelerated Freeze Drying Co is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-02-0014592).
Accelerated Freeze Drying Co has 10 MSME Form 1 returns on record between 2019 and 2023, listing 375 overdue payments to 93 micro and small suppliers. The latest return was filed on 27 Aug 2023.