About TOVO Restaurants
TOVO Restaurants is a Consumer company based in Chennai (India) founded in 2013. It operates a quick-service restaurant chain specializing in local chicken products. It operates on a B2C model. The company has 24 employees. Its Indian entity Tovo Restaurants Private Limited reported revenue of ₹8.76 Cr. Its focus areas include Food and Hospitality, Hospitality, Quick Service Restaurants and Chicken Products. Its competitors include Biryani By Kilo, Samosa Party and MTR Foods; 2 of its 3 listed competitors have raised funding.
Company details
TOVO Restaurants operates with a B2C model, focusing on food and hospitality, offering hospitality services, quick service restaurants, and chicken products. Operates a quick-service restaurant chain specializing in local chicken products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Chennai, India
- Employees 24
- SectorsConsumer
- Website tovorestaurants.com
- Legal Name Tovo Restaurants Private Limited
- Date of Incorporation 11 Mar, 2014
- Jurisdiction Tiruchirappalli, Tamil Nadu, India
- Annual Revenue₹8.76 Cr
FY 2018 · +213% YoY
- Net Profit₹4.5 Lakh
FY 2018 · 1% margin
- EBITDA₹84.5 Lakh
FY 2018 · 10% margin
- Employee Count24
Associated legal entities of TOVO Restaurants
TOVO Restaurants operates through Tovo Restaurants Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tovo Restaurants Private Limited CIN U55101TN2014PTC095367 | Active | 11 Mar 2014 | Tiruchirappalli, Tamil Nadu | ₹8.8 Cr | 24 | 2 | View details |
Board of directors of Tovo Restaurants Private Limited (TOVO Restaurants)
Tovo Restaurants Private Limited is the primary company behind TOVO Restaurants. The board of Tovo Restaurants Private Limited currently have 2 directors; the longest-serving is Arun Prasanth Bacthvatchalam, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Prasanth Bacthvatchalam DIN 06811735 | Managing Director | 11 Mar 2014 | 12 yrs 8 mo | Tovo Restaurants Private Limited |
| Hemalatha Bakthavathsalam DIN 06811738 | Director | 11 Mar 2014 | 12 yrs 8 mo | Tovo Restaurants Private Limited |
Financials of TOVO Restaurants
Figures of Tovo Restaurants Private Limited, the primary company behind TOVO Restaurants, for FY 2018. Revenue was ₹8.76 Cr (+213% year on year). Net profit was ₹4.5 Lakh (1% margin). EBITDA was ₹84.5 Lakh (10% margin). Revenue has grown at a compounded annual rate of +91% over three years.
- ₹8.76 CrRevenue · FY 2018 · +213% YoY
- ₹4.5 LakhNet profit · 1% margin
- ₹84.5 LakhEBITDA · 10% margin
- ₹1 LakhPaid-up capital
- 24Employees (provident fund records)
- +91%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tovo Restaurants Private Limited are on its company page.
Detailed financial statements for TOVO Restaurants
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Competitors of TOVO Restaurants
TOVO Restaurants has 3 listed competitors in our database, 2 of them funded. They include Biryani By Kilo, Samosa Party and MTR Foods.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| biryanibykilo.com | 2015 | Gurugram, India | $65.1M | 1,750 | Internet first restaurant offering on demand food delivery for consumers | |
| samosaparty.in | 2017 | Bengaluru, India | $14.02M | 390 | Retailer of Indian snacks, meals, beverages, and combo offerings | |
| mtrfoods.com | 1924 | Bengaluru, India | 2,862 | Authentic Indian food products are offered by MTR Foods. |
Detailed competitors of TOVO Restaurants
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Top companies in Services for Restaurants
3 companies that operate in the same segment as TOVO Restaurants (Services for Restaurants) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers handmade European comfort food using organic ingredients in multiple cafés. | 2021 | Delhi, Delhi, India | USD 96.48 M | 4,278 | ||
Offers Indian sweets, snacks, ready-to-eat foods, and restaurant experiences globally. | 1990 | Delhi, Delhi, India | ||||
Cafe services, online food ordering, and delivery operations. | 2017 | Bengaluru, Karnataka, India | USD 2.46 B | 3,383 |
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Related news about Tovo Restaurants
Complete news archive for TOVO Restaurants
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Frequently Asked Questions about TOVO Restaurants
TOVO Restaurants was founded in 2013.
TOVO Restaurants is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
TOVO Restaurants has 24 employees.
The primary company behind TOVO Restaurants, Tovo Restaurants Private Limited, reported revenue of ₹8.76 Cr for FY 2018, up 213% year on year.
TOVO Restaurants operates with a B2C model, focusing on food and hospitality, offering hospitality services, quick service restaurants, and chicken products. Operates a quick-service restaurant chain specializing in local chicken products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
TOVO Restaurants's top competitors include Samosa Party, Biryani By Kilo and MTR Foods.
TOVO Restaurants operates through Tovo Restaurants Private Limited.
The legal entities of TOVO Restaurants currently have 2 directors, including Arun Prasanth Bacthvatchalam, Hemalatha Bakthavathsalam.