About Matbit Snacks
Matbit Snacks was a Consumer company based in Ranchi (India) founded in 2017. It manufactures and brands a variety of snacks. It operates on a B2B model. Its Indian entity Matbit Foods Private Limited reported revenue of βΉ34.6 Lakh. The company is recorded as dissolved. Its focus areas include Food and Beverage, Manufacturing, Snacks Production and Branded Goods. Its competitors include natch, Priniti Foods and Frylo; 2 of its 3 listed competitors have raised funding.
Company details
Matbit Snacks, based in Ranchi, focuses on food and beverage, producing manufactured goods, snacks production, and branded goods. Manufactures and brands a variety of snacks. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ranchi, India
- SectorsConsumer
- Website matbitsnacks.com
- Social Facebook
- Legal Name Matbit Foods Private Limited
- Date of Incorporation 03 Mar, 2017
- Jurisdiction Ranchi, Jharkhand, India
- Annual Revenue₹34.6 Lakh
FY 2020 · +243% YoY
- Net Loss-₹8.4 Lakh
FY 2020 · -24% margin
- EBITDA-₹7.3 Lakh
FY 2020 · -21% margin
Associated legal entities of Matbit Snacks
Matbit Snacks operates through Matbit Foods Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Matbit Foods Private Limited CIN U55209JH2017PTC009708 | Active | 03 Mar 2017 | Ranchi, Jharkhand | ₹0.3 Cr | 2 | View details |
Board of directors of Matbit Foods Private Limited (Matbit Snacks)
Matbit Foods Private Limited is the primary company behind Matbit Snacks. The board of Matbit Foods Private Limited currently have 2 directors; the longest-serving is Sunita Varnwal, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunita Varnwal DIN 07740636 | Director | 03 Mar 2017 | 9 yrs 7 mo | Matbit Foods Private Limited |
| Vikash Kumar DIN 07740635 | Managing Director | 03 Mar 2017 | 9 yrs 7 mo | Matbit Foods Private Limited |
Financials of Matbit Snacks
Figures of Matbit Foods Private Limited, the primary company behind Matbit Snacks, for FY 2020. Revenue was ₹34.6 Lakh (+243% year on year). Net loss was -₹8.4 Lakh (-24% margin). EBITDA was -₹7.3 Lakh (-21% margin).
- ₹34.6 LakhRevenue · FY 2020 · +243% YoY
- -₹8.4 LakhNet loss · -24% margin
- -₹7.3 LakhEBITDA · -21% margin
- ₹5.6 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Matbit Foods Private Limited are on its company page.
Detailed financial statements for Matbit Snacks
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Matbit Snacks
Matbit Snacks has 3 listed competitors in our database, 2 of them funded. They include natch, Priniti Foods and Frylo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| natchsnacks.com | 2017 | Mumbai, India | $501,213 | 2 | Brand of extruded snacks | |
| prinitifoods.com | 2009 | Sonipat, India | $472,918 | 60 | Extruded namkeen snacks are produced and distributed by Priniti Foods. | |
| frylofoods.com | 1979 | Ahmedabad, India | 171 | Potato-based ready-to-eat Indian snacks are produced and sold by Frylo. |
Detailed competitors of Matbit Snacks
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- Full competitor set
- Operating metrics
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Matbit Snacks (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Frequently Asked Questions about Matbit Snacks
Matbit Snacks was founded in 2017.
Matbit Snacks is headquartered in Ranchi, India. It is registered at Ranchi, Jharkhand, India.
The primary company behind Matbit Snacks, Matbit Foods Private Limited, reported revenue of βΉ34.6 Lakh for FY 2020, up 243% year on year.
Matbit Snacks, based in Ranchi, focuses on food and beverage, producing manufactured goods, snacks production, and branded goods. Manufactures and brands a variety of snacks. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Matbit Snacks's top competitors include Priniti Foods, Frylo and natch.
Matbit Snacks operates through Matbit Foods Private Limited.
The legal entities of Matbit Snacks currently have 2 directors, including Sunita Varnwal, Vikash Kumar.
