About Appleton Cereals Limited
Data last updated:
Appleton Cereals Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 17 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15549GJ2020PLC115558. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10.25 Cr and a paid-up capital of ₹7 Cr. It was formerly known as Appleton Cereals Private Limited. It is led by directors including Hiteshkumar Gaurishankar Patel and Navinchandra Dahyalal Patel.
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 A – 1103 Mondeal Hights Nr. Panchratna Party Plot S.G Highway, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.43 Lakh (net margin 0.1%) and EBITDA of ₹52.53 Lakh (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
As per MCA filings, the company has open charges of ₹29.5 Cr and satisfied charges of ₹29.5 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹6.99 Cr; the latest was in April 2021. Its 10 peer companies in the Food and Beverages industry (Staple Foods) are compared by revenue, 5 larger and 5 smaller; the largest is Hemraj Rice Products Private Limited.
For more details, the company can be reached via its website appleton.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 1103 Mondeal Hights Nr. Panchratna Party Plot S.G Highway, Ahmedabad, Gujarat, India – 380051
- IndustryAgriculture, Agro Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Appleton Cereals Limited
The main business activity of Appleton Cereals is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Appleton Cereals Limited FY 2025 filings available
Appleton Cereals Limited reported revenue of ₹94.04 Cr (up 169% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Appleton Cereals Limited
Revenue rose 169% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 76% 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 of Appleton Cereals Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹52.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.43 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 of Appleton Cereals Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Appleton Cereals are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Appleton Cereals Limited
Appleton Cereals Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Staple Foods). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hemraj Rice Products Private Limited | •••• | •••• | •••• | •••• | 19 | Kolkata, West Bengal, India |
| N R Wheat Products Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Rami Chandidas Rice Mill Private Limited | •••• | •••• | •••• | •••• | - | Birbhum, West Bengal, India |
| Shri Datiya Foods Private Limited | •••• | •••• | •••• | •••• | - | Datia, Madhya Pradesh, India |
| Nagardhan Agro Industries Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Appleton Cereals Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Tripurari Agro Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Bhole Nath Exim Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Bardhaman Rice Udyog Private Limited | •••• | •••• | •••• | •••• | 25 | Burdwan, West Bengal, India |
| Lavanya Purefood Private Limited | •••• | •••• | •••• | •••• | 19 | Mushahari, Bihar, India |
| Shreebhagwati Commodities Private Limited | •••• | •••• | •••• | •••• | - | Pariej, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Appleton Cereals by revenue in the Food and Beverages industry (Staple Foods), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Appleton Cereals Limited
Appleton Cereals Limited is audited by Mikil Vora & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mikil Vora & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Appleton Cereals Limited
Appleton Cereals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshkumar Gaurishankar Patel Also directs: Mishtann Foods Limited, Mishtann Wholesale Private Limited, Wilshire Nutrifoods Limited and 2 more | Director | 15 Dec 2020 | 5 Years 9 Months | Current |
| Navinchandra Dahyalal Patel Also directs: Mishtann Foods Limited, Mishtann Wholesale Private Limited, Wilshire Nutrifoods Limited and 1 more | Director | 25 Mar 2021 | 5 Years 6 Months | Current |
| Krunal Rajeshbhai Bhatt Also directs: Celtis Commodities Limited, Acoustic Eco Foods Limited | Director | 07 May 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Appleton Cereals Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Appleton Cereals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2021 | State Bank of India | ₹29.5 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Appleton Cereals Limited
Appleton Cereals Limited has 1 deal on record (1 funding round), with disclosed funding of ₹6.99 Cr; the latest was in April 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Funding round | ₹6.99 Cr | Investors: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Appleton Cereals Limited
Appleton Cereals Limited has a workforce of 0 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Appleton Cereals Limited
Appleton Cereals has one previous CIN (Corporate Identification Number): U15549GJ2020PTC115558. The current CIN is U15549GJ2020PLC115558, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15549GJ2020PLC115558 | Current |
| U15549GJ2020PTC115558 | Previous |
Recent Activity on Appleton Cereals Limited
Appleton Cereals Limited has 7 board changes on record since 2020: 5 appointments and 2 cessations. The latest: Krunal Rajeshbhai Bhatt was appointed as Director on 07 May 2022.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Appleton Cereals Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Appleton Cereals Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Appleton Cereals Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Appleton Cereals Limited
Appleton Cereals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Appleton Cereals Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Appleton Cereals Limited
Appleton Cereals is an active public limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 17 August 2020 (6+ years old) and is registered under CIN U15549GJ2020PLC115558.
Appleton Cereals reported revenue of ₹94.04 Cr for FY 2025 (up 169% YoY).
Appleton Cereals has 3 current directors:
- Hiteshkumar Gaurishankar Patel - Director
- Navinchandra Dahyalal Patel - Director
- Krunal Rajeshbhai Bhatt - Director
Appleton Cereals reported a net profit of ₹13.43 Lakh (net margin 0.1%) and EBITDA of ₹52.53 Lakh (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Appleton Cereals is -10% over three years. In the latest year (FY 2025) revenue rose 169%. CAGR is the steady yearly rate that links the first and the last year.
No. Appleton Cereals has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Appleton Cereals is U15549GJ2020PLC115558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appleton Cereals was incorporated on 17 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Appleton Cereals has 1 deal on record (1 funding round), with disclosed funding of ₹6.99 Cr; the latest was in April 2021.
The peers of Appleton Cereals by revenue are Hemraj Rice Products Private Limited, N R Wheat Products Private Limited, Rami Chandidas Rice Mill Private Limited, Shri Datiya Foods Private Limited, Nagardhan Agro Industries Private Limited and 5 more, all in the Food and Beverages industry (Staple Foods).
Krunal Rajeshbhai Bhatt was appointed as Director on 07 May 2022. Bharatbhai Jethabhai Patel ceased to be Director on 25 Mar 2021. Navinchandra Dahyalal Patel was appointed as Director on 25 Mar 2021. Appleton Cereals has 7 board changes on record in total.