About DFM Foods Limited
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DFM Foods Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Ai Global Investments (Cyprus) Pcc Limited. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 17 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15311DL1993PLC052624. Its GSTIN is 07AAACD1017B1ZK (Delhi). The company holds 16 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.08 Cr. It is led by directors including Vipul Prakash (Managing Director) and Sahil Dilip Dalal.
Its last annual general meeting (AGM) was held on 31 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 149 1st Floor Kilokari Ring Road Ashram, New Delhi, Delhi, India – 110014.
As per the financials filed for FY 2026, the company reported a revenue of ₹919.73 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹22.9 Cr (net margin 2.5%) and EBITDA of ₹45.25 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 511 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Crax Curls and DFM Foods. As per MCA filings, the company has open charges of ₹135.89 Cr and satisfied charges of ₹441.04 Cr on record. Court records list 38 cases involving the company, including 23 filed by the company and 15 filed against it; 12 cases are pending. The company has 10 deals on record (5 market trades, 4 secondary share transfers, 1 funding round), with disclosed funding of ₹28.9 Lakh; the latest was in January 2020. Its 3 peer companies in the Food and Beverages industry (Instant Foods), with the same principal business activity (manufacture of food products) are compared by revenue, 1 larger and 2 smaller; the largest is Capital Foods Private Limited with revenue of ₹758.43 Cr. The company has 9 MSME Form 1 returns on record between 2020 and 2024, listing 641 overdue payments to 66 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 dfmfoods.com.
Company details
CIN history
DFM Foods has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15311DL1993PLC052624, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15311DL1993PLC052624 | Current |
| L74899DL1993PLC052624 | Previous |
| L15311DL1993PLC052624 | Previous |
Contact details
DFM Foods Limited's registered office is in New Delhi, Delhi. Its website is dfmfoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address149 1st Floor Kilokari Ring Road Ashram, New Delhi, Delhi, India – 110014
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of DFM Foods 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
DFM Foods operates two associated brands: Crax Curls and DFM Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides flavored corn-based snacks in various tastes for consumer enjoyment. | craxcurls.com | |
| Snacking industry offers a variety of packaged snacks | crax.in |
Business activity
The main business activity of DFM Foods is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of DFM Foods Limited, buy the company report.
Financials of DFM Foods Limited
FY 2026 filings availableDFM Foods Limited reported revenue of ₹919.73 Cr (up 30% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 30% growth in the latest year. EBITDA rose 600% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹919.73 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.9 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 DFM Foods Limited, buy the company report.
Board of directors of DFM Foods Limited
DFM Foods has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Dilip Dalal Also directs: Eureka Forbes Limited, Iscon Balaji Foods Private Limited, Modenik Lifestyle Private Limited and 1 more | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
| Hemant Madhusudan Nerurkar Also directs: Raghav Productivity Enhancers Limited, Igarashi Motors India Limited, Adani Energy Solutions Limited and 4 more | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
| Dipali Hemant Sheth Also directs: Awl Agri Business Limited, Welspun Corp Limited, Endurance Technologies Limited and 5 more | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
| Sandeep Batra Also directs: Pidilite Industries Limited, Bhimad Commercial Company Private Limited, Nina Percept Private Limited and 1 more | Director | 16 Apr 2024 | 2 Years 6 Months | Current |
| Nihal Sarawgi Also directs: Iscon Balaji Foods Private Limited | Director | 22 Feb 2024 | 2 Years 8 Months | Current |
| Vipul Prakash | Managing Director | 01 Aug 2023 | 3 Years 3 Months | Current |
Peer comparison
DFM Foods Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), with the same principal business activity (manufacture of food products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DFM Foods Limitedthis company | ₹919.73 Cr (FY 2026) | ₹22.9 Cr | 2.5% | 30.0% | 511 | New Delhi, Delhi, India |
| Capital Foods Private Limited | ₹758.43 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Id Fresh Food (India) Private Limited | ₹688.22 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Adf Foods Limited | ₹603.64 Cr (FY 2025) | 14.0% | Nadiad, Gujarat, India |
To see the full peer comparison of DFM Foods Limited, buy the company report.
Auditor
DFM Foods Limited is audited by M S K A & Associates LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates LLP | FY 2026 | 105047W/W101187 |
Shareholding
The shareholding of DFM Foods Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of DFM Foods Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2026 | 101399643 | Others | ₹50,000 | Open | |
| 21 Aug 2026 | 101383725 | Axis Bank Limited | ₹4.93 Cr | Open | |
| 27 Jul 2026 | 101365124 | Others | ₹42 Cr | Open | |
| 11 Sep 2025 | 101170960 | Others | ₹30 Cr | Open | |
| 06 Jan 2024 | 100853400 | Axis Bank Limited | ₹6.94 Cr | Open |
To see the full charge records of DFM Foods Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
DFM Foods Limited has 10 deals on record (5 market trades, 4 secondary share transfers, 1 funding round), with disclosed funding of ₹28.9 Lakh; the latest was in January 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Advent India PE Advisors, Others - Dfm Foods Limited Seller: Others - Dfm Foods Limited, Westbridge Capital Partners |
| Jan 2020 | Market trade | ₹6.98 Cr | Seller: an individual |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Others - Dfm Foods Limited, Mirae Asset Emerging Bluechip Fund Seller: Steadview Capital, ABG Capital, LTR Focus Fund |
| Jun 2017 | Market trade | ₹42.43 Cr | Seller: Steadview Capital, LTR Focus Fund, Abg Capital |
| May 2016 | Market trade | ₹200.31 Cr | Buyer: Steadview Capital, Abg Capital, LTR Focus Fund Seller: The Delhi Flour Mills Company Limited , an individual |
To see the full deal history of DFM Foods 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
DFM Foods Limited has 38 court cases on record: 23 filed by DFM Foods, 15 filed against it. 12 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 1 | 8 |
| District courts | 16 | 13 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Itc Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against M/S Shree Shyam Snacks Food Pvt Ltd | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against Bhole Baba Food Products LLP | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by Merino Industries Ltd | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against Ishvi Food Private Limited & Anr. | Disposed |
To see the full case history of DFM Foods 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
DFM Foods Limited was last rated by Care on 23 Dec 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Dec 2022 |
To see the full credit ratings and regulatory alerts of DFM Foods Limited, buy the company report.
MSME payment delays
DFM Foods Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 641 overdue payments to 66 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 66)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Das Electronics Work Private Limited | |||
| Advance Panels and Switchgears Private Limited | |||
| Energy Solution Control SNN Pvt. Ltd. | |||
| Reliable Packaging Industries Limited |
To see the full MSME payment records of DFM Foods Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
DFM Foods Limited has a workforce of 511 employees on its EPFO records as of Sep 23, 2025, across 2 active EPFO establishments.
GST
DFM Foods has 16 GST registrations: 16 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD1017B1ZK | Delhi | Active | 01 Jul 2017 |
| 09AAACD1017B1ZG | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAACD1017B1ZX | Bihar | Active | 01 Jul 2017 |
| 19AAACD1017B1ZF | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of DFM Foods Limited, buy the company report.
Recent activity
DFM Foods Limited has 28 board changes on record since 2013: 7 appointments and 21 cessations. The latest: Nihal Sarawgi ceased to be Additional Director on 29 Dec 2024.
131 earlier events are in the company report.
News
Frequently asked questions
DFM Foods is an active public limited company based in New Delhi, Delhi, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 17 March 1993 (33+ years old) and is registered under CIN U15311DL1993PLC052624.
DFM Foods has 6 current directors:
- Vipul Prakash - Managing Director
- Sahil Dilip Dalal - Director
- Hemant Madhusudan Nerurkar - Director
- Dipali Hemant Sheth - Director
- Sandeep Batra - Director
- Nihal Sarawgi - Director
The latest financial statements of DFM Foods on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of DFM Foods is 07AAACD1017B1ZK, registered in Delhi. The company has 16 GST registrations in all, of which 16 are active. Other active GSTINs include 09AAACD1017B1ZG (Uttar Pradesh), 10AAACD1017B1ZX (Bihar), 19AAACD1017B1ZF (West Bengal).
The CIN (Corporate Identification Number) of DFM Foods is U15311DL1993PLC052624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DFM Foods has 38 court cases on record: 23 filed by the company and 15 filed against it. 12 are pending. Most are in the high courts.
DFM Foods was incorporated on 17 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
DFM Foods has 10 deals on record (5 market trades, 4 secondary share transfers, 1 funding round), with disclosed funding of ₹28.9 Lakh; the latest was in January 2020.
The peers of DFM Foods by revenue are Capital Foods Private Limited, Id Fresh Food (India) Private Limited, Adf Foods Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (manufacture of food products).
Nihal Sarawgi ceased to be Additional Director on 29 Dec 2024. Sandeep Batra ceased to be Additional Director on 29 Dec 2024. Sandeep Batra was appointed as Director on 16 Apr 2024. DFM Foods has 28 board changes on record in total.
DFM Foods has 9 MSME Form 1 returns on record between 2020 and 2024, listing 641 overdue payments to 66 micro and small suppliers. The latest return was filed on 25 Apr 2024.
DFM Foods can be reached through the website dfmfoods.com. Its registered office is in New Delhi, Delhi, India.
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