MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0001014
Ace Foods Private Limited - food and beverages in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹79.06 Cr
▲ 36% YoY
Net profit · FY 2026
₹2.61 Cr
Net margin 3.3%
EBITDA · FY 2026
₹5.6 Cr
EBITDA margin 7.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹5.52 Cr
Issued & subscribed
Open charges
₹22.25 Cr
Satisfied ₹7.74 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
173
Provident fund records
About Ace Foods Private Limited
Data last updated:
Ace Foods Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 09 May 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01549KA1984PTC006073. Its GSTIN is 29AABCA5826E1ZT (Karnataka). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.52 Cr. It is led by directors including Nirmala Annappa Pai and Ajith Pai Mangalore.
Its last annual general meeting (AGM) was held on 23 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at C – 30 Industrial Estate Yeyyadi Mangalore Mangalore., Karnataka, India – 575008.
As per the financials filed for FY 2026, the company reported a revenue of ₹79.06 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 3.3%) and EBITDA of ₹5.6 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 31% over five years.
The company has about 173 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Foods. As per MCA filings, the company has open charges of ₹22.25 Cr and satisfied charges of ₹7.74 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 6 cases are pending. The company has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.12 Cr; the latest was in December 2025.
Ace Foods Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0001014). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acefoodspl.com.
Company details
CIN U01549KA1984PTC006073
Registration Number 006073
Incorporation Date 09 May 1984
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-11-0001014
Key People
Nirmala Annappa Pai Director Ajith Pai Mangalore Director Jagannath Govind Shenoy Director Recognitions & Rankings of Ace Foods
Contact details
Ace Foods Private Limited's registered office is in Mangalore, Karnataka. Its website is acefoodspl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 30 Industrial Estate Yeyyadi Mangalore Mangalore., Karnataka, India – 575008
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Ace Foods Private Limited, buy the company report.
Comprehensive company report
Ace Foods Private 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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Brands
Ace Foods operates one associated brand: Ace Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes hygienic snacks and food products for online and offline sales. | acefoodspl.com |
Business activity
The main business activity of Ace Foods is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Ace Foods Private Limited, buy the company report.
Financials of Ace Foods Private Limited
FY 2026 filings availableAce Foods Private Limited reported revenue of ₹79.06 Cr (up 36% YoY) for FY 2026.
Revenue · FY 2026
₹79.06 Cr ▲ 36%
Net profit · FY 2026
₹2.61 Cr margin 3.3%
EBITDA · FY 2026
₹5.6 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 37%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 421%
3 years · compounded
▲ 22%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 36% growth in the latest year. EBITDA rose 421% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹79.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.61 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Ace Foods Private Limited, buy the company report.
Board of directors of Ace Foods Private Limited
Ace Foods has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Annappa Pai | Director | 03 Oct 2022 | 4 Years 1 Months | Current |
| Ajith Pai Mangalore Also directs: DMT Strategists LLP, Orion Supply Chain Private Limited, Spoton Logistics Private Limited and 4 more | Director | 12 Feb 2018 | 8 Years 9 Months | Current |
| Jagannath Govind Shenoy | Director | 02 Feb 2026 | 0 Years 9 Months | Current |
| Arvind Pai Mangalore | Director | 27 Mar 2026 | 0 Years 7 Months | Current |
Auditor
Ace Foods Private Limited is audited by Rao And Basri for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rao And Basri | FY 2026 | 005523S |
Shareholding
The shareholding of Ace Foods Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Foods Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.25 Cr
Satisfied charges
₹7.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2023 | 100689935 | Axis Bank Limited | ₹22.25 Cr | Open | |
| 06 Mar 2013 | 10423001 | State Bank of India | ₹5.99 Cr | Satisfied | |
| 24 Mar 2009 | 10157582 | Axis Bank Limited | ₹1.1 Cr | Satisfied | |
| 09 Jun 2005 | 80027330 | Uti Bank Limited | ₹30 Lakh | Satisfied | |
| 09 Jun 2005 | 80030827 | Uti Bank Ltd | ₹30 Lakh | Satisfied |
To see the full charge records of Ace Foods Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Ace Foods Private Limited has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.12 Cr; the latest was in December 2025.
Total deals
11
Secondary share transfers
9
Funding rounds
2
Disclosed funding
₹6.12 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Funding round · Series A | ₹2.73 Cr | Investors: Uk&Co LLP , 2 individuals |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Ace Foods Private 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
Ace Foods Private Limited has 18 court cases on record: 13 filed by Ace Foods, 5 filed against it. 6 cases are pending and 12 are disposed.
Total cases
18
Filed by the company
13
Filed against the company
5
Pending
6
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 3 | 3 |
| District courts | 8 | 2 | 3 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CMA(TM)) | Filed against the company by Modern Snacks Private Limited | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Modern Snacks Private Limited, | Disposed |
| Madras High Court | Court case (CMA(TM)) | Filed by the company against Modern Snacks Pvt Limited and 1 other | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State W | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by Sannur Bikarnakatte Highways Limited | Pending |
To see the full case history of Ace Foods Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Foods Private Limited has a workforce of 173 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
173
Active EPFO establishments
2
Employee growth
0.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 173 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ace Foods Private Limited, buy the company report.
GST
Ace Foods has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA5826E1ZT | Karnataka | Active | 01 Jul 2017 |
| 06AABCA5826E1Z1 | Haryana | Active | 07 Nov 2023 |
| 27AABCA5826E1ZX | Maharashtra | Active | 22 Nov 2023 |
| 19AABCA5826E1ZU | West Bengal | Active | 24 Nov 2023 |
To see the full GST registrations and return filing status of Ace Foods Private Limited, buy the company report.
Recent activity
Ace Foods Private Limited has 10 board changes on record since 2009: 4 appointments and 6 cessations. The latest: Arvind Pai Mangalore was appointed as Director on 27 Mar 2026.
AGM
Ace Foods Private Limited last Annual general meeting of members was held on 23 Sep 2026 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 22.25 Cr registered on 27 Jan 2023 with Charge ID 100689935 was modified on 05 Sep 2026.
Filing
Ace Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Appointed
Arvind Pai Mangalore was appointed as Director.
Appointed
Jagannath Govind Shenoy was appointed as Director.
Charges
A charge registered on 06 Mar 2013 via Charge ID 10423001 with State Bank Of India was fully satisfied on 25 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 22.25 Cr with Charge ID 100689935 was registered on 27 Jan 2023.
Appointed
Nirmala Annappa Pai was appointed as Director.
Ceased
Neha Nagesh Nayak ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 5.99 Cr registered on 06 Mar 2013 with Charge ID 10423001 was modified on 15 Feb 2022.
Ceased
Mangalore Annappa Pai ceased to be Director.
Ceased
Kasturi Umesh Pai ceased to be Managing Director.
20 earlier events are in the company report.
Frequently asked questions
Ace Foods is an active private limited company based in Mangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 09 May 1984 (42+ years old) and is registered under CIN U01549KA1984PTC006073.
Ace Foods has 4 current directors:
- Nirmala Annappa Pai - Director
- Ajith Pai Mangalore - Director
- Jagannath Govind Shenoy - Director
- Arvind Pai Mangalore - Director
The latest financial statements of Ace Foods on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Ace Foods is 29AABCA5826E1ZT, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 06AABCA5826E1Z1 (Haryana), 27AABCA5826E1ZX (Maharashtra), 19AABCA5826E1ZU (West Bengal).
The CIN (Corporate Identification Number) of Ace Foods is U01549KA1984PTC006073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Foods has 18 court cases on record: 13 filed by the company and 5 filed against it. 6 are pending. Most are in the high courts.
Ace Foods was incorporated on 09 May 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.
Ace Foods has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.12 Cr; the latest was in December 2025.
Arvind Pai Mangalore was appointed as Director on 27 Mar 2026. Jagannath Govind Shenoy was appointed as Director on 02 Feb 2026. Nirmala Annappa Pai was appointed as Director on 03 Oct 2022. Ace Foods has 10 board changes on record in total.
Yes, Ace Foods is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0001014).
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