Matbit Snacks

Ranchi, India Founded: 2017 • Age: 9 yrs
Manufactures and brands a variety of snacks.

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 β‚Ή34.6 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.

Key Metrics
  • 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

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.

DirectorDesignationAppointedTenureEntity
Sunita Varnwal
DIN 07740636
Director03 Mar 20179 yrs 7 moMatbit Foods Private Limited
Vikash Kumar
DIN 07740635
Managing Director03 Mar 20179 yrs 7 moMatbit 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.

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Detailed financial statements for Matbit Snacks

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
natchsnacks.com2017Mumbai, India$501,2132
Brand of extruded snacks
prinitifoods.com2009Sonipat, India$472,91860
Extruded namkeen snacks are produced and distributed by Priniti Foods.
frylofoods.com1979Ahmedabad, India171
Potato-based ready-to-eat Indian snacks are produced and sold by Frylo.
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Detailed competitors of Matbit Snacks

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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 97.26 M2,828
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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 β‚Ή34.6 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.

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