Affluence Food Processors Private Limited
About Affluence Food Processors Private Limited
Data last updated:
Affluence Food Processors Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Fcl Tradevest Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the beverages segment of the food and beverages sector. It was incorporated on 09 August 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U15138MH2017PTC342503. Its GSTIN is 29AAPCA9067P1ZJ (Karnataka).
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.51 Cr. It was led by directors including Ashok Kumar Matolia and Satish Sharma.
Its last annual general meeting (AGM) was held on 22 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.04 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹35.15 Lakh (net margin 33.7%) and EBITDA of ₹36.53 Lakh (EBITDA margin 35.1%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in November 2018. Its 4 peer companies in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 3 smaller; the largest is Prashu Agrocom Private Limited with revenue of ₹1.04 Cr.
Company details
CIN history
Affluence Food Processors has one previous CIN (Corporate Identification Number): U15138KA2017PTC105439. The current CIN is U15138MH2017PTC342503, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15138MH2017PTC342503 | Current |
| U15138KA2017PTC105439 | Previous |
Contact details
Affluence Food Processors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressKnowledge House Shyam Nagar Off.Jogeshwari Vikhroli Link Road Joges, Hwari (E), Mumbai, Maharashtra, India – 400060
- IndustryFood And Beverages, Beverage, Food, Tobacco Products
To see the full contact details of Affluence Food Processors Private Limited, buy the company report.
- 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
Business activity
The main business activity of Affluence Food Processors is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Affluence Food Processors Private Limited, buy the company report.
Financials of Affluence Food Processors Private Limited
FY 2021 filings availableAffluence Food Processors Private Limited reported revenue of ₹1.04 Cr (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 36% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Expenses | ||||
| EBITDA | ₹36.53 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹35.15 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 35.1% | |||
| Net Profit Margin | 33.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Receivable Days | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Affluence Food Processors Private Limited, buy the company report.
Board of directors of Affluence Food Processors Private Limited
Affluence Food Processors has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Matolia Also directs: Aadhaar Retailing Limited, Ritvika Trading Private Limited | Director | 04 Nov 2019 | 6 Years 11 Months | As last reported |
| Satish Sharma Also directs: Appu Nutritions Private Limited, Sublime Foods Limited, Aadhaar Supermarket Private Limited and 3 more | Director | 01 Oct 2020 | 6 Years 0 Months | As last reported |
| Rajendra Babulal Bajaj Also directs: Bloom Foods and Beverages Private Limited, Delect Spices and Herbs Private Limited, Brandbridge Networks Private Limited and 2 more | Director | 05 Mar 2021 | 5 Years 7 Months | As last reported |
Peer comparison
Affluence Food Processors Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prashu Agrocom Private Limited | ₹1.04 Cr (FY 2024) | -36.0% | Indore, Madhya Pradesh, India | |||
| Affluence Food Processors Private Limitedthis company | ₹1.04 Cr (FY 2021) | ₹35.15 Lakh | 33.7% | -82.0% | Mumbai, Maharashtra, India | |
| Global Zip Private Limited | ₹1.04 Cr (FY 2024) | 163.0% | Chavakkad, Kerala, India | |||
| Freakeat Foods (OPC) Private Limited | ₹1.02 Cr (FY 2025) | 20.0% | Sonipat, Haryana, India | |||
| Nanded Roller Flour Mills Private Limited | ₹1.02 Cr (FY 2024) | -54.0% | Nanded, Maharashtra, India |
To see the full peer comparison of Affluence Food Processors Private Limited, buy the company report.
Auditor
Affluence Food Processors Private Limited is audited by BORKAR & MUZUMDAR for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BORKAR & MUZUMDAR | FY 2019 | 101569W |
Shareholding
The shareholding of Affluence Food Processors Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Affluence Food Processors Private Limited, buy the company report.
Deals & funding
Affluence Food Processors Private Limited has 1 deal on record (1 acquisition); the latest was in November 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Acquisition | Undisclosed | Buyer: Future Consumer Limited Seller: E.K.Sons Agro Foods |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Affluence Food Processors Private Limited has 1 court case on record: 1 filed by Affluence Food Processors. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Affluence Food Processors 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 Affluence Food Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Affluence Food Processors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA9067P1ZJ | Karnataka | Active | 20 Nov 2017 |
To see the full GST registrations and return filing status of Affluence Food Processors Private Limited, buy the company report.
Recent activity
Affluence Food Processors Private Limited has 12 board changes on record since 2018: 3 appointments and 9 cessations. The latest: Rajendra Babulal Bajaj ceased to be Additional Director on 22 Sep 2021.
3 earlier events are in the company report.
Frequently asked questions
Affluence Food Processors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Affluence Food Processors was a private limited company based in Mumbai, Maharashtra, India. The company worked in beverage, within the food and beverages industry. It was incorporated on 09 August 2017 and is registered under CIN U15138MH2017PTC342503. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Affluence Food Processors was incorporated on 09 August 2017. It is registered with the Registrar of Companies, Mumbai.
Affluence Food Processors had 3 directors:
- Ashok Kumar Matolia - Director
- Satish Sharma - Director
- Rajendra Babulal Bajaj - Director
The CIN (Corporate Identification Number) of Affluence Food Processors is U15138MH2017PTC342503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Affluence Food Processors is at Knowledge House Shyam Nagar Off.Jogeshwari Vikhroli Link Road Joges, Hwari E, Mumbai, Maharashtra, India – 400060.
The latest financial statements of Affluence Food Processors on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 22 September 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Affluence Food Processors is 29AAPCA9067P1ZJ, registered in Karnataka.
Affluence Food Processors operated in the food and beverages industry, in the beverage segment.
Affluence Food Processors has 1 deal on record (1 acquisition); the latest was in November 2018.
The peers of Affluence Food Processors by revenue are Prashu Agrocom Private Limited, Global Zip Private Limited, Freakeat Foods (OPC) Private Limited, Nanded Roller Flour Mills Private Limited, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).