Clever Food Solutions Private Limited
About Clever Food Solutions Private Limited
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Clever Food Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 02 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15433MH2012PTC229080. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.59 Cr. It was formerly known as Sweetwell India Products Private Limited. It is led by directors Vipul Chandak and Deepak Chandak.
Its last annual general meeting (AGM) was held on 03 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 215 Laxmi Plaza Laxmi Indl. Estate Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2015, the company reported a revenue of ₹5.27 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹4.76 Lakh (net margin 0.9%) and EBITDA of ₹47.6 Lakh (EBITDA margin 9%).
As per MCA filings, the company has open charges of ₹3.6 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Clever Food Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address215 Laxmi Plaza Laxmi Indl. Estate Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryAgriculture, Sugar Processing
To see the full contact details of Clever Food Solutions Private Limited, buy the company report.
- 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
Financials of Clever Food Solutions Private Limited
FY 2015 filings availableClever Food Solutions Private Limited reported revenue of ₹5.27 Cr (down 64% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹5.27 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹47.6 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4.76 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 9% |
| Net Profit Margin | 0.9% |
| 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 Clever Food Solutions Private Limited, buy the company report.
Board of directors of Clever Food Solutions Private Limited
Clever Food Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Chandak | Director | 02 Apr 2012 | 14 Years 7 Months | Current |
| Deepak Chandak | Director | 02 Apr 2012 | 14 Years 7 Months | Current |
Auditor
Clever Food Solutions Private Limited is audited by MANOJ SINGHAL & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SINGHAL & ASSOCIATES | FY 2015 | 003262C |
Shareholding
The shareholding of Clever Food Solutions Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Clever Food Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2012 | 10387515 | Bank of Baroda | ₹3.6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Clever Food Solutions Private Limited has 11 court cases on record: 5 filed by Clever Food Solutions, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Arbitration matter | Filed by the company against M/S Barista Coffee Company Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Barista Coffee Company Limited | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by Orchid Tradex P Ltd | Disposed |
| District court, Puri, Odisha | Court case (EXECUITION CASES) | Filed against the company by an individual | Disposed |
| District court, SAS Nagar, Punjab | Civil miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Clever Food Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clever Food Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clever Food Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Clever Food Solutions Private Limited, buy the company report.
Recent activity
Clever Food Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Deepak Chandak was appointed as Director on 02 Apr 2012.
Frequently asked questions
Clever Food Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 02 April 2012 (14+ years old) and is registered under CIN U15433MH2012PTC229080.
Clever Food Solutions has 2 current directors:
- Vipul Chandak - Director
- Deepak Chandak - Director
The latest financial statements of Clever Food Solutions on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 03 September 2015. Year-wise statements from 2015 are in the company report.
No. Clever Food Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Clever Food Solutions is U15433MH2012PTC229080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clever Food Solutions has 11 court cases on record: 5 filed by the company and 6 filed against it. Most are in the district courts.
Clever Food Solutions was incorporated on 02 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Chandak was appointed as Director on 02 Apr 2012. Vipul Chandak was appointed as Director on 02 Apr 2012.
The registered office of Clever Food Solutions is at 215 Laxmi Plaza Laxmi Indl. Estate Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
Clever Food Solutions operates in the agriculture industry, in the sugar processing segment.
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