About Dairy Power Limited
Data last updated:
Dairy Power Limited is a public limited company based in Niphad, Maharashtra, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 17 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15500MH2016PLC273220. Its GSTIN is 27AAFCD6237J1ZG (Maharashtra).
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹9.64 Cr. It is led by directors including Ashok Kashinath Avhad (Managing Director) and Rajaram Nivrutti Sangale.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No – 555 At Songaon, Post Saikheda Niphad, Maharashtra, India – 422210.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.28 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹14.76 Cr (net margin 10%) and EBITDA of ₹23.07 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 23% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dairy Power. As per MCA filings, the company has open charges of ₹54.16 Cr and satisfied charges of ₹62.11 Cr on record. Court records list 33 cases involving the company, including 7 filed by the company and 24 filed against it; 9 cases are pending. The company has 8 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹12.22 Cr; the latest was in September 2021. Its 10 peer companies in the Food and Beverages industry (Dairy, Milk and Dairy Products) are compared by revenue, 5 larger and 5 smaller; the largest is Harbansh Lal Foods Private Limited with revenue of ₹151.3 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 377 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dairypower.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGat No – 555 At Songaon, Post Saikheda Niphad, Maharashtra, India – 422210
- IndustryFood and Beverages, Dairy Products & Milk Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Dairy Power Limited
The main business activity of Dairy Power is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dairy Power Limited FY 2025 filings available
Dairy Power Limited reported revenue of ₹148.28 Cr (up 117% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dairy Power Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 117% growth 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 of Dairy Power Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹23.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.76 Cr | •••• | •••• | •••• | •••• |
| 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 of Dairy Power Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dairy Power are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dairy Power Limited
Dairy Power Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Dairy, Milk and Dairy Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harbansh Lal Foods Private Limited | ₹151.3 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Nanjil Integrated Dairy Development | ₹150.97 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Thuckalay, Tamil Nadu, India |
| Saiamrut Milk Private Limited | ₹149.74 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Ahmednagar, Maharashtra, India |
| Inodaya Foods Private Limited | ₹148.79 Cr (FY 2020) | •••• | •••• | -45.0% | •••• | Kurukshetra, Haryana, India |
| Amrit Corp. Limited Listed | ₹148.28 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Dairy Power Limited this company | ₹148.28 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Niphad, Maharashtra, India |
| Rollico Private Limited | ₹148.04 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Kolkata, West Bengal, India |
| Madhyam Farming Solutions Private Limited | ₹147.9 Cr (FY 2023) | •••• | •••• | -67.0% | •••• | Shrirampur, Maharashtra, India |
| Swadesh Milk Products Private Limited | ₹147.23 Cr (FY 2022) | •••• | •••• | 5.0% | •••• | Barabanki, Uttar Pradesh, India |
| S.R.Thorat Milk Products Private Limited | ₹147.09 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Green Valley Food Processors Pvt Ltd | ₹146.03 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Patan, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Dairy Power by revenue in the Food and Beverages industry (Dairy, Milk and Dairy Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dairy Power Limited
Dairy Power Limited is audited by SHARP AARTH & CO. LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARP AARTH & CO. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dairy Power Limited
Dairy Power has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajaram Nivrutti Sangale | Director | 18 Aug 2023 | 3 Years 1 Months | Current |
| Somnath Madhukar Kharat | Director | 17 Jul 2023 | 3 Years 2 Months | Current |
| Bagwan Hiralal Sanap | Director | 17 Feb 2016 | 10 Years 7 Months | Current |
| Ashok Kashinath Avhad Also directs: Akshamrut Exim LLP | Managing Director | 17 Feb 2016 | 10 Years 7 Months | Current |
Ownership and Shareholding of Dairy Power Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dairy Power Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2024 | Others | ₹42 Cr | Open |
| 30 Jun 2022 | Others | ₹4 Cr | Open |
| 05 May 2022 | Others | ₹8 Cr | Open |
| 02 Apr 2018 | Hdfc Bank Limited | ₹2.62 Lakh | Open |
| 02 Apr 2018 | Hdfc Bank Limited | ₹6.38 Lakh | Open |
Total charge records: 30 View all charges
Deals & Funding of Dairy Power Limited
Dairy Power Limited has 8 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹12.22 Cr; the latest was in September 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹9 Cr | Investors: Agnus Capital, an individual |
| Aug 2020 | Rights issue | ₹7.45 Cr | Investors: an individual |
| Aug 2019 | Rights issue | ₹9.55 Cr | Investors: Agnus Capital, an individual |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Saikrupa Industries |
| Sep 2018 | Rights issue | ₹8.02 Cr | Investors: Agnus Capital, an individual Seller: an individual |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dairy Power Limited
Dairy Power Limited has 33 court cases on record: 7 filed by Dairy Power, 24 filed against it, 2 where it is another party. 9 cases are pending and 24 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 24 | 9 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by HDFC Bank Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Greenizon Agritech Consultancy Private Limited | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Rajshree Polypack Limited | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by HDFC Bank Limited | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Minions Ventures Private Limited | Disposed |
Full case history
All 33 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Dairy Power Limited
Dairy Power Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 377 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ferropack Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Shree Additives (Pharma and Foods) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Dairy Power Limited
Dairy Power operates one associated brand: Dairy Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells milk and dairy products through processing and distribution networks. | dairypower.in |
Employees and EPFO Compliance at Dairy Power Limited
Dairy Power Limited has a workforce of 19 employees as of Feb 10, 2026.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dairy Power Limited
Dairy Power Limited has 10 board changes on record since 2016: 4 appointments and 6 cessations. The latest: Sunita Sudhakar Sangle ceased to be Additional Director on 29 Sep 2024.
56 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dairy Power Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dairy Power Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dairy Power Limited
Dairy Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD6237J1ZG | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dairy Power Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dairy Power Limited
Dairy Power is an active public limited company based in Niphad, Maharashtra, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 17 February 2016 (10+ years old) and is registered under CIN U15500MH2016PLC273220.
Dairy Power reported revenue of ₹148.28 Cr for FY 2025 (up 117% YoY).
Dairy Power has 4 current directors:
- Ashok Kashinath Avhad - Managing Director
- Rajaram Nivrutti Sangale - Director
- Somnath Madhukar Kharat - Director
- Bagwan Hiralal Sanap - Director
Dairy Power reported a net profit of ₹14.76 Cr (net margin 10%) and EBITDA of ₹23.07 Cr (EBITDA margin 15.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dairy Power is -2% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 117%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dairy Power is 27AAFCD6237J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dairy Power is U15500MH2016PLC273220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dairy Power has 33 court cases on record: 7 filed by the company and 24 filed against it. 9 are pending. Most are in the district courts.
Dairy Power was incorporated on 17 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dairy Power has 8 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹12.22 Cr; the latest was in September 2021.
The peers of Dairy Power by revenue are Harbansh Lal Foods Private Limited, Nanjil Integrated Dairy Development, Saiamrut Milk Private Limited, Inodaya Foods Private Limited, Amrit Corp. Limited and 5 more, all in the Food and Beverages industry (Dairy, Milk and Dairy Products).
Sunita Sudhakar Sangle ceased to be Additional Director on 29 Sep 2024. Rajaram Nivrutti Sangale ceased to be Additional Director on 29 Sep 2023. Deepak Dilip Avhad ceased to be Director on 18 Aug 2023. Dairy Power has 10 board changes on record in total.