
About DSM Fresh Foods Limited
Data last updated:
DSM Fresh Foods Limited is a public limited company based in New Delhi, Delhi, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 20 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L52203DL2015PLC280514. Its GSTIN is 07AAFCD3598N1Z0 (Delhi). The company holds 6 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544568.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹22.29 Cr. It is led by directors including Deepanshu Manchanda (Managing Director) and Suman Choudhary.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 115 – 116 First Floor, Vishal Tower District Centre Janakpuri Delhi, New Delhi, Delhi, India – 110058.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹220.82 Cr, a growth of 68.9% compared to the previous year. For the same year it recorded a net profit of ₹14.54 Cr (net margin 6.6%) and EBITDA of ₹30.8 Cr (EBITDA margin 13.9%). The net worth stands at ₹116.01 Cr (up 136.8% YoY). Total assets are valued at ₹180.92 Cr (up 123.5% YoY).
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zappfresh. As per MCA filings, the company has open charges of ₹97.69 Cr and satisfied charges of ₹8.2 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 1 case is pending. The company has 32 deals on record (13 funding rounds, 9 secondary share transfers, 5 rights issues), with disclosed funding of ₹92.97 Cr; the latest was in October 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zappfresh.com.
Company details
CIN history
DSM Fresh Foods has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L52203DL2015PLC280514, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L52203DL2015PLC280514 | Current |
| U52203DL2015PTC280514 | Previous |
| U52203DL2015PLC280514 | Previous |
Contact details
DSM Fresh Foods Limited's registered office is in New Delhi, Delhi.
- Social Media
- Apps
- Registered Address115 – 116 First Floor, Vishal Tower District Centre Janakpuri Delhi, New Delhi, Delhi, India – 110058
- IndustryTrading, Retailers, Retail Trading
- 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
DSM Fresh Foods operates one associated brand: Zappfresh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering multi-category meat and seafood products | zappfresh.com |
Business activity
The main business activity of DSM Fresh Foods is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of DSM Fresh Foods Limited, buy the company report.
Financials of DSM Fresh Foods Limited
FY 2025-26 filings availableDSM Fresh Foods Limited reported revenue of ₹220.82 Cr (up 68.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 221 | 131 |
| Revenue growth | +68.9% | - |
| EBITDA | 30.80 | 16.31 |
| EBITDA margin | +14.0% | +12.5% |
| Profit before tax | 23.16 | 11.64 |
| Net profit | 14.54 | 9.02 |
| Net profit margin | +6.6% | +6.9% |
| EPS (₹) | 6.43 | 5.51 |
| Balance sheet | ||
| Total assets | 181 | 80.96 |
| Net worth | 116 | 49.00 |
| Total debt | 64.47 | 31.70 |
| Cash & bank | 9.23 | 0.94 |
| Net working capital | 117 | 41.25 |
| Cash flow | ||
| Cash from operations | (47.84) | (21.76) |
| Cash from investing | (22.43) | (3.88) |
| Cash from financing | 78.55 | 22.20 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 221 | 131 | 90.44 | 56.28 | 56.43 | 49.84 |
| Revenue growth | +68.9% | +44.6% | +60.7% | -0.3% | +13.2% | - |
| EBITDA | 30.79 | 16.32 | 9.37 | 3.11 | (2.90) | (12.40) |
| EBITDA margin | +13.9% | +12.5% | +10.4% | +5.5% | -5.1% | -24.9% |
| Profit before tax | 23.20 | 11.65 | 7.63 | 2.80 | (3.12) | (13.00) |
| Net profit | 14.57 | 9.05 | 4.67 | 3.28 | (1.63) | (13.00) |
| Net profit margin | +6.6% | +6.9% | +5.2% | +5.8% | -2.9% | -26.1% |
| EPS (₹) | 7.48 | 5.53 | 3,131.88 | 1,956.07 | (1,777.64) | (9,257.70) |
| Balance sheet | ||||||
| Total assets | 181 | 80.96 | 45.87 | 18.75 | 12.66 | 2.67 |
| Net worth | 116 | 49.00 | 38.04 | 16.54 | 11.65 | 2.45 |
| Total debt | 64.47 | 31.70 | 7.65 | 2.07 | 0.87 | 0.00 |
| Cash & bank | 9.23 | 0.94 | 4.37 | 0.31 | 0.64 | 0.55 |
| Net working capital | 117 | 41.25 | 22.43 | 7.79 | 1.71 | 0.62 |
| Cash flow | ||||||
| Cash from operations | (47.80) | (21.76) | (13.04) | (2.42) | (2.33) | (6.83) |
| Cash from investing | (22.68) | (3.88) | (4.91) | (1.01) | (0.02) | 2.79 |
| Cash from financing | 78.77 | 22.20 | 22.02 | 3.10 | 2.44 | 0.00 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 221 | 131 |
| Revenue growth | +68.9% | - |
| Other income | 1.49 | 0.74 |
| Total expenses | 190 | 114 |
| Employee cost | 9.83 | 6.97 |
| EBITDA | 30.80 | 16.31 |
| EBITDA margin | +14.0% | +12.5% |
| Depreciation | 2.19 | 1.55 |
| Interest | 6.94 | 3.86 |
| Profit before tax | 23.16 | 11.64 |
| Tax | 8.83 | 2.62 |
| Net profit | 14.54 | 9.02 |
| Net profit margin | +6.6% | +6.9% |
| EPS (₹) | 6.43 | 5.51 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 22.29 | 16.38 |
| Reserves & surplus | 93.72 | 32.62 |
| Shareholders' funds (net worth) | 116 | 49.00 |
| Minority interest | 0.00 | 0.00 |
| Secured loans | 53.81 | 18.19 |
| Unsecured loans | 10.66 | 13.51 |
| Total debt | 64.47 | 31.70 |
| Total liabilities | 181 | 80.96 |
| Assets | ||
| Gross block | 14.36 | 9.91 |
| Net block | 9.38 | 7.12 |
| Capital work in progress | 0.00 | 0.00 |
| Investments | 19.13 | 0.03 |
| Inventories | 8.53 | 6.26 |
| Sundry debtors | 55.63 | 16.88 |
| Cash & bank balances | 9.23 | 0.94 |
| Loans & advances | 57.03 | 20.17 |
| Total current assets | 130 | 44.25 |
| Total current liabilities | 13.45 | 3.00 |
| Net working capital | 117 | 41.25 |
| Total assets | 181 | 80.96 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 0.94 | 4.37 |
| Net cash from operating activities | (47.84) | (21.76) |
| Net cash from investing activities | (22.43) | (3.88) |
| Net cash from financing activities | 78.55 | 22.20 |
| Net change in cash | 8.29 | (3.43) |
| Closing cash | 9.23 | 0.94 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | +68.9% | - |
| EBITDA growth | +88.8% | - |
| PBT growth | +99.0% | +9997.0% |
| Net income growth | +61.2% | - |
| Profitability & leverage | ||
| Net income margin | +6.5% | +6.9% |
| Return on capital employed | +21.9% | +16.4% |
| Return on net worth | +16.1% | +14.4% |
| Debt / equity | 0.58 | 0.65 |
| Long-term debt / equity | 0.22 | 0.39 |
| Interest cover | 24.26 | 26.15 |
| Efficiency & per share | ||
| Fixed asset turnover | 18.20 | 13.19 |
| Inventory turnover | 29.86 | 20.88 |
| Debtors turnover | 6.09 | 7.74 |
| EPS (₹) | 6.43 | 5.51 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 52.05 | 29.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 221 | 131 | 90.44 | 56.28 | 56.43 | 49.84 |
| Revenue growth | +68.9% | +44.6% | +60.7% | -0.3% | +13.2% | - |
| Other income | 1.49 | 0.74 | 0.24 | 0.33 | 0.11 | 0.19 |
| Total expenses | 190 | 114 | 81.07 | 53.17 | 59.33 | 62.24 |
| Employee cost | 0.00 | 6.73 | 1.15 | 0.75 | 0.86 | 2.78 |
| EBITDA | 30.79 | 16.32 | 9.37 | 3.11 | (2.90) | (12.40) |
| EBITDA margin | +13.9% | +12.5% | +10.4% | +5.5% | -5.1% | -24.9% |
| Depreciation | 2.19 | 1.55 | 1.03 | 0.35 | 0.21 | 0.77 |
| Interest | 6.89 | 3.86 | 0.95 | 0.29 | 0.12 | 0.02 |
| Profit before tax | 23.20 | 11.65 | 7.63 | 2.80 | (3.12) | (13.00) |
| Tax | 8.84 | 2.60 | 2.96 | 0.07 | (0.61) | 0.00 |
| Net profit | 14.57 | 9.05 | 4.67 | 3.28 | (1.63) | (13.00) |
| Net profit margin | +6.6% | +6.9% | +5.2% | +5.8% | -2.9% | -26.1% |
| EPS (₹) | 7.48 | 5.53 | 3,131.88 | 1,956.07 | (1,777.64) | (9,257.70) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 22.29 | 16.38 | 0.09 | 0.08 | 0.08 | 0.08 |
| Reserves & surplus | 93.97 | 32.62 | 37.95 | 16.46 | 11.57 | 2.37 |
| Shareholders' funds (net worth) | 116 | 49.00 | 38.04 | 16.54 | 11.65 | 2.45 |
| Secured loans | 53.81 | 18.19 | 2.41 | 1.04 | 0.00 | 0.00 |
| Unsecured loans | 10.66 | 13.51 | 5.24 | 1.03 | 0.87 | 0.00 |
| Total debt | 64.47 | 31.70 | 7.65 | 2.07 | 0.87 | 0.00 |
| Total liabilities | 181 | 80.96 | 45.87 | 18.75 | 12.66 | 2.67 |
| Assets | ||||||
| Gross block | 14.36 | 9.91 | 5.83 | 0.93 | 1.82 | 4.27 |
| Net block | 9.38 | 7.12 | 4.59 | 0.69 | 0.58 | 1.72 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 19.38 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 8.53 | 6.26 | 4.01 | 0.05 | 0.01 | 0.05 |
| Sundry debtors | 55.63 | 16.88 | 5.15 | 4.51 | 8.20 | 5.69 |
| Cash & bank balances | 9.23 | 0.94 | 4.37 | 0.31 | 0.64 | 0.55 |
| Loans & advances | 57.03 | 20.17 | 13.02 | 6.18 | 1.28 | 1.01 |
| Total current assets | 130 | 44.25 | 26.55 | 11.05 | 10.13 | 7.30 |
| Total current liabilities | 13.46 | 3.00 | 4.12 | 3.26 | 8.42 | 6.68 |
| Net working capital | 117 | 41.25 | 22.43 | 7.79 | 1.71 | 0.62 |
| Total assets | 181 | 80.96 | 45.87 | 18.75 | 12.66 | 2.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.94 | 4.37 | 0.31 | 0.64 | 0.55 | 4.59 |
| Net cash from operating activities | (47.80) | (21.76) | (13.04) | (2.42) | (2.33) | (6.83) |
| Net cash from investing activities | (22.68) | (3.88) | (4.91) | (1.01) | (0.02) | 2.79 |
| Net cash from financing activities | 78.77 | 22.20 | 22.02 | 3.10 | 2.44 | 0.00 |
| Net change in cash | 8.29 | (3.43) | 4.07 | (0.33) | 0.09 | (4.04) |
| Closing cash | 9.23 | 0.94 | 4.37 | 0.31 | 0.64 | 0.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +68.9% | +44.6% | +60.7% | -0.3% | +13.2% | - |
| EBITDA growth | +88.7% | +74.2% | +201.3% | +207.2% | +76.6% | - |
| PBT growth | +99.1% | +52.7% | +172.5% | +9998.0% | +76.0% | +9997.0% |
| Net income growth | +61.0% | +93.8% | +42.4% | +301.2% | +87.5% | - |
| Revenue CAGR (3Y) | +57.7% | +32.3% | +22.0% | - | - | - |
| EBITDA CAGR (3Y) | +114.7% | - | - | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +6.5% | +6.9% | +5.2% | +4.9% | -4.5% | -26.1% |
| Return on capital employed | - | +19.0% | +15.0% | +12.5% | 0.0% | 0.0% |
| Return on net worth | - | +14.7% | +9.0% | +11.9% | 0.0% | 0.0% |
| Debt / equity | - | 0.45 | 0.18 | 0.10 | 0.06 | 0.00 |
| Long-term debt / equity | - | 0.14 | 0.04 | 0.00 | 0.00 | 0.00 |
| Interest cover | 24.09 | 26.13 | 11.39 | 10.51 | -3.86 | -0.15 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 16.61 | 26.76 | 40.93 | 18.53 | 11.67 |
| Inventory turnover | - | 25.46 | 44.55 | 1,876.00 | 1,881.00 | 996.80 |
| Debtors turnover | - | 11.87 | 18.72 | 8.86 | 8.13 | 8.76 |
| EPS (₹) | 7.48 | 5.53 | 3,131.88 | 1,956.07 | (1,777.64) | (9,257.70) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 29.97 | 25,476.98 | 11,766.00 | 8,275.36 | 1,698.29 |
To see the full year-wise statements and ratios of DSM Fresh Foods Limited, buy the company report.
Board of directors of DSM Fresh Foods Limited
DSM Fresh Foods has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Choudhary Also directs: Zaiko Ventures (OPC) Private Limited | Director | 08 May 2024 | 2 Years 6 Months | Current |
| Mohammad Arif Khan | Director | 27 Feb 2023 | 3 Years 8 Months | Current |
| Achal Kapoor Also directs: Davangere Sugar Company Limited, Kairosoft AI Solutions Limited, Ems Limited and 5 more | Director | 08 May 2024 | 2 Years 6 Months | Current |
| Deepanshu Manchanda Also directs: Avyom Foodtech Private Limited | Managing Director | 20 May 2015 | 11 Years 5 Months | Current |
| Priya Aggarwal | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2026 | 101285045 | Standard Chartered Bank | ₹20 Cr | Open | |
| 25 Nov 2025 | 101201989 | Others | ₹22 Cr | Open | |
| 20 Nov 2025 | 101206212 | Others | ₹75.68 Lakh | Open | |
| 22 Sep 2025 | 101157768 | Yes Bank Limited | ₹20 Cr | Open | |
| 31 Jul 2025 | 101142920 | Others | ₹4 Cr | Open |
To see the full charge records of DSM Fresh Foods Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
DSM Fresh Foods Limited has 32 deals on record (13 funding rounds, 9 secondary share transfers, 5 rights issues), with disclosed funding of ₹92.97 Cr; the latest was in October 2025.
Deals on record (5 of 32)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹4.74 Cr | Buyer: Alacrity Securities Limited , Radiant Global Fund-Class B Participating Shares, Neo Apex Venture LLP Seller: Neo Apex Venture LLP , Alacrity Securities Limited |
| Oct 2025 | Market trade | ₹15.42 Cr | Buyer: Girijadhava Vyapaar Private Limited , J4S Venture Fund-I, 2 individuals Seller: Viney Growth Fund, Nova Global Opportunities Fund Pcc - Touchstone, Longthrive Capital Vcc - Trendview Capital Fund |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: AR Saran Family Trust, 3 individuals |
| Jun 2023 | Funding round | ₹6.33 Cr | Investors: Shared Wealth Ventures, LLC, Unity Small Finance Bank Limited , ah! Ventures |
| Sep 2021 | Funding round | ₹3.31 Cr | Investors: 4 individuals |
To see the full deal history of DSM Fresh 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
DSM Fresh Foods Limited has 9 court cases on record: 7 filed by DSM Fresh Foods, 2 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 4 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Prabhu Logistics Pvt Ltd | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Globed Empowerment and Trade Council and Ors | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against State of U.P. and Another | Disposed |
| District court, South, Delhi | Commercial suit | Filed against the company by N4 Media and Trade Pvt Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against an individual | Disposed |
To see the full case history of DSM Fresh 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DSM Fresh Foods Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
DSM Fresh Foods has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCD3598N1Z0 | Delhi | Active | 01 Jul 2017 |
| 06AAFCD3598N1Z2 | Haryana | Active | 01 Jul 2017 |
| 09AAFCD3598N1ZW | Uttar Pradesh | Active | 13 Nov 2018 |
| 08AAFCD3598N1ZY | Rajasthan | Active | 05 Dec 2019 |
To see the full GST registrations and return filing status of DSM Fresh Foods Limited, buy the company report.
Recent activity
DSM Fresh Foods Limited has 11 board changes on record since 2015: 5 appointments and 6 cessations. The latest: Achal Kapoor was appointed as Director on 08 May 2024.
19 earlier events are in the company report.
News
Frequently asked questions
DSM Fresh Foods is an active public limited company based in New Delhi, Delhi, India. The company works in retailers, within the trading industry. It was incorporated on 20 May 2015 (11+ years old) and is registered under CIN L52203DL2015PLC280514. Listed on BSE: 544568.
DSM Fresh Foods reported revenue of ₹220.82 Cr for FY 2025-26 (up 68.9% YoY) based on consolidated financials.
DSM Fresh Foods has 5 current directors:
- Deepanshu Manchanda - Managing Director
- Suman Choudhary - Director
- Mohammad Arif Khan - Director
- Achal Kapoor - Director
- Priya Aggarwal - Director
The latest financial statements of DSM Fresh Foods on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of DSM Fresh Foods is 07AAFCD3598N1Z0, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 06AAFCD3598N1Z2 (Haryana), 09AAFCD3598N1ZW (Uttar Pradesh), 08AAFCD3598N1ZY (Rajasthan).
The CIN (Corporate Identification Number) of DSM Fresh Foods is L52203DL2015PLC280514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. DSM Fresh Foods is a listed company as per MCA records. Its shares are listed on BSE (code: 544568).
DSM Fresh Foods has 9 court cases on record: 7 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
DSM Fresh Foods was incorporated on 20 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
DSM Fresh Foods has 32 deals on record (13 funding rounds, 9 secondary share transfers, 5 rights issues), with disclosed funding of ₹92.97 Cr; the latest was in October 2025.

