About Midas Foods India
Midas Foods India is a Consumer company based in Gurugram (India) founded in 1996. It offers customized dry blends, seasonings, and food solutions for industries worldwide. It operates on a B2B model. Its Indian entity Midas Foods India Private Limited reported revenue of ₹11.51 Cr. Midas Foods India offers products and services including Seasonings, Bakery Mixes, Dessert Mixes, Beverage Mixes, and Marinades and Coatings. Its focus areas include Food and Agriculture Tech, Bakery Mixes, Baking Ingredients and Cake and Muffin Mixes. Similar companies include Sweet Karam Coffee, Godrej Agrovet and Keventer; 3 of its 3 listed similar companies have raised funding.
Company details
Midas Foods India specializes in designing customized dry blends for seasonings, bakery mixes, and other food products. They collaborate with food scientists and culinary experts to develop innovative solutions that meet global safety standards. Operating from Gurugram and Kashipur in India, they serve clients in quick service restaurants, industrial manufacturers, and hypermarkets, focusing on quality and efficiency.
- Headquarters Gurugram, India
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website midasfoods.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Midas Foods India Pvt. Ltd.
- Date of Incorporation 28 Jul, 1998
- Jurisdiction Delhi, India
- Annual Revenue₹11.51 Cr
FY 2023 · -9% YoY
- Net Profit₹1.84 Cr
FY 2023 · 16% margin
- EBITDA₹38.3 Lakh
FY 2023 · 3% margin
Associated legal entities of Midas Foods India
Midas Foods India is associated with 3 registered companies on The Company Check; the primary company is Midas Foods India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Midas Foods India Private Limited CIN U15419DL1998PTC095232 | Active | 28 Jul 1998 | New Delhi, Delhi | ₹11.5 Cr | 5 | View details | |
| Industrial & Farm Equipment Llp CIN ACB-8479 | Active | 04 Jul 2023 | Kashipur, Uttarakhand | 2 | View details | ||
| Dry Blend Foods Private Limited CIN U34300DL1999PTC098271 | Active | 05 Feb 1999 | New Delhi, Delhi | ₹116 Cr | 18 | 2 | View details |
Products & Services of Midas Foods India
Midas Foods India offers a comprehensive portfolio of products and services, including Seasonings, Bakery Mixes, Dessert Mixes, Beverage Mixes, and Marinades and Coatings.
Dry compositions of herbs, spices, and salt for flavoring meals
Mixes for making cakes, muffins, and cookies easily
Powdered blends for creating various delectable desserts
Powdered amalgams for mixing into delicious drinks
Seasoned blends for marinating meats and vegetables
Tailored ingredients to enhance meal flavors and quality
Board of directors of Midas Foods India Private Limited (Midas Foods India)
Midas Foods India Private Limited is the primary company behind Midas Foods India. The boards of the 3 registered companies of Midas Foods India currently have 5 directors; the longest-serving is Richard Scott Elias, appointed in 1998. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Richard Scott Elias DIN 02505077 | Director | 28 Jul 1998 | 28 yrs 3 mo | Midas Foods India Private Limited |
| Gary Mark Freeman DIN 02505093 | Director | 28 Jul 1998 | 28 yrs 3 mo | Midas Foods India Private Limited |
| Jagdish Rani Naroola DIN 00799847 | Alternate Director | 21 Sep 2017 | 9 yrs 1 mo | Midas Foods India Private Limited |
| Sumeet Naroola DIN 00799818 | Designated Partner | 04 Jul 2023 | 3 yrs 4 mo | Industrial & Farm Equipment Llp, Midas Foods India Private Limited, Dry Blend Foods Private Limited |
| Sirgit Singh Naroola DIN 00799868 | Designated Partner | 10 Mar 2025 | 1 yr 7 mo | Industrial & Farm Equipment Llp, Midas Foods India Private Limited, Dry Blend Foods Private Limited |
Financials of Midas Foods India
Figures of Midas Foods India Private Limited, the primary company behind Midas Foods India, for FY 2023. Revenue was ₹11.51 Cr (-9% year on year). Net profit was ₹1.84 Cr (16% margin). EBITDA was ₹38.3 Lakh (3% margin). Revenue has grown at a compounded annual rate of -8% over three years and -2% over five years.
- ₹11.51 CrRevenue · FY 2023 · -9% YoY
- ₹1.84 CrNet profit · 16% margin
- ₹38.3 LakhEBITDA · 3% margin
- ₹14 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Midas Foods India Private Limited are on its company page.
Detailed financial statements for Midas Foods India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Midas Foods India
Midas Foods India has 3 listed similar companies in our database, 3 of them funded. They include Sweet Karam Coffee, Godrej Agrovet and Keventer.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sweetkaramcoffee.in | 2015 | Chennai, India | $13.22M | 123 | Dry snacks and coffee are manufactured and distributed. | |
| godrejagrovet.com | 1992 | Mumbai, India | $104.79M | 526 | Diversified crop protection solutions are provided to farmers. | |
| keventer.com | 1986 | Kolkata, India | $29.26M | 1,774 | Multi-category food and beverage products are provided by Keventer. |
Detailed similar companies of Midas Foods India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Midas Foods India (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 143.51 M | 2,828 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Midas Foods India
Midas Foods India was founded in 1996.
Midas Foods India is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Midas Foods India, Midas Foods India Private Limited, reported revenue of ₹11.51 Cr for FY 2023, down 9% year on year.
Midas Foods India specializes in designing customized dry blends for seasonings, bakery mixes, and other food products. They collaborate with food scientists and culinary experts to develop innovative solutions that meet global safety standards. Operating from Gurugram and Kashipur in India, they serve clients in quick service restaurants, industrial manufacturers, and hypermarkets, focusing on quality and efficiency.
Midas Foods India's top competitors include Sweet Karam Coffee, Keventer and Godrej Agrovet.
Midas Foods India offers Seasonings, Bakery Mixes, Dessert Mixes, Beverage Mixes, and 2 more products and services.
Midas Foods India is associated with 3 legal entities: Midas Foods India Private Limited, Industrial & Farm Equipment Llp, Dry Blend Foods Private Limited.
The legal entities of Midas Foods India currently have 5 directors, including Sumeet Naroola, Sirgit Singh Naroola, Jagdish Rani Naroola and others.