Alter Foods Private Limited

Alter Foods Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U15490MH2019PTC322031 Incorporated 28 February 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company food and beverages MSME · Micro
Revenue · FY 2024
₹4.77 Cr
▲ 7% YoY
Net profit · FY 2024
₹7.87 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹12.14 Lakh
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Alter Foods Private Limited

Data last updated:

Alter Foods Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 28 February 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15490MH2019PTC322031. Its GSTIN is 27AARCA9997J1ZI (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naman Bipin Jain and Bhavin Hiten Karia.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 58 Jagat Satguru Ind Estate P L Goregaon East Off. Aarey Road, Mumbai, Maharashtra, India – 400063.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.77 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.87 Lakh (net margin 1.6%) and EBITDA of ₹12.14 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 143% over three years.

Alter Foods Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0058602). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U15490MH2019PTC322031
Registration Number 322031
Incorporation Date 28 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0058602
Key People
Naman Bipin Jain Director Bhavin Hiten Karia Director

Recognitions & Rankings of Alter Foods

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0058602

Contact details

Alter Foods Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit 58 Jagat Satguru Ind Estate P L Goregaon East Off. Aarey Road, Mumbai, Maharashtra, India – 400063
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Alter Foods Private Limited, buy the company report.

Comprehensive company report
Alter 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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Business activity

The main business activity of Alter Foods is accommodation and food service activities. In detail, this covers food and beverage service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food service activities56Food and beverage service activities

To see the full business activity and turnover split of Alter Foods Private Limited, buy the company report.

Financials of Alter Foods Private Limited

FY 2025 filings available

Alter Foods Private Limited reported revenue of ₹4.77 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹4.77 Cr ▲ 7%
Net profit · FY 2024
₹7.87 Lakh margin 1.6%
EBITDA · FY 2024
₹12.14 Lakh margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 143%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 269%
5 years · compounded
▲ 177%

Revenue has grown at a compounded annual rate (CAGR) of 143% over three years, including 7% growth in the latest year. EBITDA rose 90% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹12.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.87 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.5%
Net Profit Margin1.6%
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 Alter Foods Private Limited, buy the company report.

Board of directors of Alter Foods Private Limited

Alter Foods has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Naman Bipin JainDirector28 Feb 20197 Years 8 MonthsCurrent
Bhavin Hiten KariaDirector28 Feb 20197 Years 8 MonthsCurrent
View all directors

Auditor

Alter Foods Private Limited is audited by SANDIP F. JAIN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANDIP F. JAIN & ASSOCIATESFY 2023118590W

Shareholding

The shareholding of Alter Foods Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Alter Foods Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Alter Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Alter Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AARCA9997J1ZIMaharashtraActive27 Mar 2019

To see the full GST registrations and return filing status of Alter Foods Private Limited, buy the company report.

Recent activity

Alter Foods Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bhavin Hiten Karia was appointed as Director on 28 Feb 2019.

AGM
Alter Foods Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Alter Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Bhavin Hiten Karia was appointed as Director.
Appointed
Naman Bipin Jain was appointed as Director.
Incorporation
28 Feb 2019
Alter Foods Private Limited was registered on 28 Feb 2019 with Roc Mumbai I & aged 7 years 8 months as per MCA records.

Frequently asked questions

Alter Foods is an active private limited company based in Mumbai, Maharashtra, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 28 February 2019 (7+ years old) and is registered under CIN U15490MH2019PTC322031.

Alter Foods has 2 current directors:

The latest financial statements of Alter Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Alter Foods is 27AARCA9997J1ZI, registered in Maharashtra.

The CIN (Corporate Identification Number) of Alter Foods is U15490MH2019PTC322031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Alter Foods was incorporated on 28 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Bhavin Hiten Karia was appointed as Director on 28 Feb 2019. Naman Bipin Jain was appointed as Director on 28 Feb 2019.

Yes, Alter Foods is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0058602).

The registered office of Alter Foods is at Unit 58 Jagat Satguru Ind Estate P L Goregaon East Off. Aarey Road, Mumbai, Maharashtra, India – 400063.

Alter Foods operates in the food and beverages industry, in the instant and ready-to-eat foods segment.