About Dairy Classic Ice Creams Private Limited
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Dairy Classic Ice Creams Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 30 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15205KA2002PTC031065. Its GSTIN is 29AABCD7504Q1Z6 (Karnataka). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹33.87 Cr. It is led by directors including Jaganath Narasimhamurthy Makam (Managing Director) and Anant Gupta.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 55 8th Main J C Industrial Estate Yelechenahalli, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2024, the company reported a revenue of ₹657.29 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹27.92 Cr (net margin 4.2%) and EBITDA of ₹70.54 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 24% over five years.
The company has about 845 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dairy Day. As per MCA filings, the company has open charges of ₹153.11 Cr and satisfied charges of ₹45.79 Cr on record. Court records list 47 cases involving the company, including 43 filed by the company and 4 filed against it; 8 cases are pending. The company has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹169.09 Cr; the latest was in December 2024. Its 5 peer companies in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Abt Foods Limited with revenue of ₹759.95 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dairyday.com.
Company details
Contact details
Dairy Classic Ice Creams Private Limited's registered office is in Bangalore, Karnataka. Its website is dairyday.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 55 8th Main J C Industrial Estate Yelechenahalli, Bangalore, Karnataka, India – 560062
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Dairy Classic Ice Creams 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
Brands
Dairy Classic Ice Creams operates one associated brand: Dairy Day. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Processor & brand of ice creams | dairyday.com |
Business activity
The main business activity of Dairy Classic Ice Creams is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Dairy Classic Ice Creams Private Limited, buy the company report.
Financials of Dairy Classic Ice Creams Private Limited
FY 2024 filings availableDairy Classic Ice Creams Private Limited reported revenue of ₹657.29 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 49% growth in the latest year. EBITDA rose 34% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹70.54 Cr | ||||
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| Net Profit (PAT) | ₹27.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Dairy Classic Ice Creams Private Limited, buy the company report.
Board of directors of Dairy Classic Ice Creams Private Limited
Dairy Classic Ice Creams has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaganath Narasimhamurthy Makam | Managing Director | 29 Jan 2003 | 23 Years 9 Months | Current |
| Anant Gupta | Director | 20 Mar 2024 | 2 Years 7 Months | Current |
| Rahul Mehta Also directs: Trishikhar Ventures LLP | Director | 20 Mar 2024 | 2 Years 7 Months | Current |
| Saurabh Kasat | Additional Director | 08 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Dairy Classic Ice Creams Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abt Foods Limited | ₹759.95 Cr (FY 2024) | 2.0% | Coimbatore, Tamil Nadu, India | |||
| Ananda Foods Limited | ₹660.23 Cr (FY 2025) | 1355.0% | Delhi, India | |||
| Dairy Classic Ice Creams Private Limitedthis company | ₹657.29 Cr (FY 2024) | ₹27.92 Cr | 4.2% | 49.0% | 845 | Bangalore, Karnataka, India |
| Pawanshree Food International Private Limited | ₹636.79 Cr (FY 2025) | 0.0% | Indore, Madhya Pradesh, India | |||
| Kirpa Ram Dairy Private Limited | ₹597.56 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Mahaan Milk Foods Limited | ₹591.94 Cr (FY 2024) | 23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Dairy Classic Ice Creams Private Limited, buy the company report.
Auditor
Dairy Classic Ice Creams Private Limited is audited by M S K C & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K C & Associates | FY 2023 | 001595S |
Shareholding
The shareholding of Dairy Classic Ice Creams Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dairy Classic Ice Creams Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2023 | 100742231 | Hdfc Bank Limited | ₹11.99 Lakh | Open | |
| 29 May 2023 | 100728957 | Hdfc Bank Limited | ₹30.1 Lakh | Open | |
| 29 May 2023 | 100728953 | Hdfc Bank Limited | ₹21.52 Lakh | Open | |
| 30 Mar 2023 | 100705084 | Hdfc Bank Limited | ₹1.12 Cr | Open | |
| 29 Mar 2023 | 100705054 | Hdfc Bank Limited | ₹30.02 Lakh | Open |
To see the full charge records of Dairy Classic Ice Creams Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Dairy Classic Ice Creams Private Limited has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹169.09 Cr; the latest was in December 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹130.71 Cr | Investors: Kedaara Capital |
| Mar 2024 | Funding round | ₹166.5 Cr | Investors: Kedaara Capital |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Motilal Oswal Private Equity Seller: 4 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2016 | Rights issue | ₹65 Cr | Investors: Motilal Oswal Private Equity |
To see the full deal history of Dairy Classic Ice Creams Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dairy Classic Ice Creams Private Limited has 47 court cases on record: 43 filed by Dairy Classic Ice Creams, 4 filed against it. 8 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 1 | 7 |
| High courts | 3 | 3 | 1 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S SLV Enterprises and Others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S SLV Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S SLV Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S SLV Agency | Pending |
To see the full case history of Dairy Classic Ice Creams 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.
Credit ratings & regulatory alerts
Dairy Classic Ice Creams Private Limited was last rated by Crisil on 03 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Mar 2020 |
To see the full credit ratings and regulatory alerts of Dairy Classic Ice Creams Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dairy Classic Ice Creams Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dairy Classic Ice Creams Private Limited has a workforce of 845 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Dairy Classic Ice Creams has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCD7504Q1Z6 | Karnataka | Active | 01 Jul 2017 |
| 29AABCD7504Q2Z5 | Karnataka | Active | 01 Oct 2021 |
| 33AABCD7504Q1ZH | Tamil Nadu | Active | 01 Jul 2017 |
| 37AABCD7504Q1Z9 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dairy Classic Ice Creams Private Limited, buy the company report.
Recent activity
Dairy Classic Ice Creams Private Limited has 14 board changes on record since 2003: 5 appointments and 9 cessations. The latest: Saurabh Kasat was appointed as Additional Director on 08 Sep 2025.
28 earlier events are in the company report.
News
Frequently asked questions
Dairy Classic Ice Creams is an active private limited company based in Bangalore, Karnataka, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 30 September 2002 (24+ years old) and is registered under CIN U15205KA2002PTC031065.
Dairy Classic Ice Creams has 4 current directors:
- Jaganath Narasimhamurthy Makam - Managing Director
- Anant Gupta - Director
- Rahul Mehta - Director
- Saurabh Kasat - Additional Director
The latest financial statements of Dairy Classic Ice Creams on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dairy Classic Ice Creams is 29AABCD7504Q1Z6, registered in Karnataka. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 29AABCD7504Q2Z5 (Karnataka), 33AABCD7504Q1ZH (Tamil Nadu), 37AABCD7504Q1Z9 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Dairy Classic Ice Creams is U15205KA2002PTC031065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dairy Classic Ice Creams has 47 court cases on record: 43 filed by the company and 4 filed against it. 8 are pending. Most are in the district courts.
Dairy Classic Ice Creams was incorporated on 30 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Dairy Classic Ice Creams has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹169.09 Cr; the latest was in December 2024.
The peers of Dairy Classic Ice Creams by revenue are Abt Foods Limited, Ananda Foods Limited, Pawanshree Food International Private Limited, Kirpa Ram Dairy Private Limited, Mahaan Milk Foods Limited, all in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Saurabh Kasat was appointed as Additional Director on 08 Sep 2025. Anant Gupta was appointed as Director on 20 Mar 2024. Anant Gupta ceased to be Additional Director on 20 Mar 2024. Dairy Classic Ice Creams has 14 board changes on record in total.
Dairy Classic Ice Creams can be reached through the website dairyday.com. Its registered office is in Bangalore, Karnataka, India.
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