MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0000637
Arctic Agro Foods Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.94 Cr
▼ 10% YoY
Net profit · FY 2025
₹44.87 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹54.8 Lakh
EBITDA margin 2.6%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.11 Cr
Issued & subscribed
Open charges
₹80 Lakh
Satisfied ₹23.74 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
39
Provident fund records
About Arctic Agro Foods Private Limited
Data last updated:
Arctic Agro Foods Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Taj Frozen Foods India Limited. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 18 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01400MH2012PTC235900. Its GSTIN is 27AALCA0138R1Z9 (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.11 Cr. It is led by directors including Ajay Ratnakar Palkar (Managing Director) and Uttam Shivram Zagade.
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 209 Shiva Estate Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.94 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹44.87 Lakh (net margin 2.1%) and EBITDA of ₹54.8 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80 Lakh and satisfied charges of ₹23.74 Cr on record.
Arctic Agro Foods Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0000637). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tajfoods.net.
Company details
CIN U01400MH2012PTC235900
Registration Number 235900
Incorporation Date 18 September 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Taj Frozen Foods India Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0000637
Key People
Ajay Ratnakar Palkar Managing Director Uttam Shivram Zagade Director Pradeepto Kumar Biswas Director Recognitions & Rankings of Arctic Agro Foods
Contact details
Arctic Agro Foods Private Limited's registered office is in Mumbai, Maharashtra. Its website is tajfoods.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address209 Shiva Estate Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Arctic Agro Foods Private Limited, buy the company report.
Comprehensive company report
Arctic Agro 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 Arctic Agro Foods 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 Arctic Agro Foods Private Limited, buy the company report.
Financials of Arctic Agro Foods Private Limited
FY 2025 filings availableArctic Agro Foods Private Limited reported revenue of ₹20.94 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹20.94 Cr ▼ 10%
Net profit · FY 2025
₹44.87 Lakh margin 2.1%
EBITDA · FY 2025
₹54.8 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 10%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 62%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 10% fall in the latest year. EBITDA rose 1% 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 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 | ₹54.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.87 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Arctic Agro Foods Private Limited, buy the company report.
Board of directors of Arctic Agro Foods Private Limited
Arctic Agro Foods has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttam Shivram Zagade Also directs: Taj Frozen Foods India Limited, Taj Food Products Private Limited | Director | 18 Sep 2012 | 14 Years 1 Months | Current |
| Ajay Ratnakar Palkar Also directs: Taj Frozen Foods India Limited, Taj Food Products Private Limited | Managing Director | 18 Sep 2012 | 14 Years 1 Months | Current |
| Pradeepto Kumar Biswas Also directs: Taj Frozen Foods India Limited, Terracroft Agritech Private Limited, Pact for Rural Livelihoods Private Limited and 5 more | Director | 01 Oct 2018 | 8 Years 1 Months | Current |
| Swati Ajay Palkar Also directs: Taj Frozen Foods India Limited, Taj Food Products Private Limited | Director | 29 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Arctic Agro Foods Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Fruits and Vegetables), 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 |
|---|---|---|---|---|---|---|
| Yashhtej Agro Producer Company Limited | ₹23.32 Cr (FY 2024) | 787.0% | Latur, Maharashtra, India | |||
| VK Dairy Essentials Private Limited | ₹23.26 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Aduri Agro Products Private Limited | ₹21.01 Cr (FY 2019) | 17.0% | Kondurg, Telangana, India | |||
| Arctic Agro Foods Private Limitedthis company | ₹20.94 Cr (FY 2025) | ₹44.87 Lakh | 2.1% | -10.0% | 39 | Mumbai, Maharashtra, India |
| Uberry International Private Limited | ₹19.58 Cr (FY 2024) | -13.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Arctic Agro Foods Private Limited, buy the company report.
Auditor
Arctic Agro Foods Private Limited is audited by G.P.KAPADIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P.KAPADIA & CO. | FY 2023 | 104768W |
Shareholding
The shareholding of Arctic Agro 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Arctic Agro Foods Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
₹23.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2022 | 100644540 | Others | ₹80 Lakh | Open | |
| 22 Jun 2015 | 10580305 | Bank of Mahrashtra | ₹11.4 Cr | Satisfied | |
| 18 Jun 2014 | 10507612 | Bank of Maharashtra | ₹1.34 Cr | Satisfied | |
| 08 Jul 2013 | 10440857 | Bank of Maharashtra | ₹3 Cr | Satisfied | |
| 08 Jul 2013 | 10440864 | Bank of Maharashtra | ₹8 Cr | Satisfied |
To see the full charge records of Arctic Agro Foods Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Arctic Agro Foods Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Arctic Agro Foods Private Limited was last rated by Crisil on 05 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Mar 2020 |
To see the full credit ratings and regulatory alerts of Arctic Agro Foods Private Limited, buy the company report.
MSME payment delays
Arctic Agro Foods Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 85 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Sanket Techno Solution - MSME | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Arctic Agro Foods Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Arctic Agro Foods Private Limited has a workforce of 39 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 39 |
| 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 Arctic Agro Foods Private Limited, buy the company report.
GST
Arctic Agro Foods has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA0138R1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arctic Agro Foods Private Limited, buy the company report.
Recent activity
Arctic Agro Foods Private Limited has 8 board changes on record since 2012: 4 appointments and 4 cessations. The latest: Pradeepto Kumar Biswas ceased to be Additional Director on 27 Sep 2019.
AGM
Arctic Agro Foods Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Arctic Agro Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 22 Jun 2015 via Charge ID 10580305 with Bank Of Mahrashtra was fully satisfied on 19 Apr 2023.
Charges
A charge registered on 18 Jun 2014 via Charge ID 10507612 with Bank Of Maharashtra was fully satisfied on 19 Apr 2023.
Charges
A charge registered on 08 Jul 2013 via Charge ID 10440864 with Bank Of Maharashtra was fully satisfied on 19 Apr 2023.
Charges
A charge registered on 08 Jul 2013 via Charge ID 10440857 with Bank Of Maharashtra was fully satisfied on 19 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100644540 was registered on 04 Nov 2022.
Ceased
Pradeepto Kumar Biswas ceased to be Additional Director.
Ceased
Mandar Mukund Hundekar ceased to be Director.
Appointed
Pradeepto Kumar Biswas was appointed as Director.
Charges
A charge with Bank Of Mahrashtra amounted to Rs. 11.40 Cr with Charge ID 10580305 was registered on 22 Jun 2015.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 1.34 Cr with Charge ID 10507612 was registered on 18 Jun 2014.
9 earlier events are in the company report.
Frequently asked questions
Arctic Agro Foods is an active private limited company based in Mumbai, Maharashtra, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 18 September 2012 (14+ years old) and is registered under CIN U01400MH2012PTC235900.
Arctic Agro Foods has 4 current directors:
- Ajay Ratnakar Palkar - Managing Director
- Uttam Shivram Zagade - Director
- Pradeepto Kumar Biswas - Director
- Swati Ajay Palkar - Director
The latest financial statements of Arctic Agro 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 2015 are in the company report.
The GSTIN of Arctic Agro Foods is 27AALCA0138R1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Arctic Agro Foods is U01400MH2012PTC235900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arctic Agro Foods was incorporated on 18 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Arctic Agro Foods by revenue are Yashhtej Agro Producer Company Limited, VK Dairy Essentials Private Limited, Aduri Agro Products Private Limited, Uberry International Private Limited, all in the Agriculture industry (Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products).
Pradeepto Kumar Biswas ceased to be Additional Director on 27 Sep 2019. Mandar Mukund Hundekar ceased to be Director on 31 Mar 2019. Pradeepto Kumar Biswas was appointed as Director on 01 Oct 2018. Arctic Agro Foods has 8 board changes on record in total.
Yes, Arctic Agro Foods is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0000637).
Arctic Agro Foods has 7 MSME Form 1 returns on record between 2021 and 2023, listing 85 overdue payments to 23 micro and small suppliers. The latest return was filed on 21 Dec 2023.
Arctic Agro Foods can be reached through the website tajfoods.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Arctic Agro Foods is at 209 Shiva Estate Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078.
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