About Eastern Foods Private Limited
Data last updated:
Eastern Foods Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 12 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U15312OR2003PTC007383. Its GSTIN is 21AABCE3445M1ZT (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹8.02 Cr. It is led by directors including Subhrajeet Sahoo (Managing Director) and Sachidananda Das.
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 Plot No 2273 New Industrialestate Jagatpur, Cuttack, Odisha, India – 754021.
As per the financials filed for FY 2025, the company reported a revenue of ₹322.77 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹5 Cr (net margin 1.5%) and EBITDA of ₹8.64 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
The company has about 276 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹44.76 Cr and satisfied charges of ₹13.82 Cr on record. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 6 cases are pending. The company has 15 deals on record (9 funding rounds, 6 secondary share transfers), with disclosed funding of ₹14.48 Cr; the latest was in March 2024. Its 4 peer companies in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 1 smaller; the largest is Bishnu Flour Mills Private Limited with revenue of ₹331.09 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 favo.co.in.
Company details
Contact details
Eastern Foods Private Limited's registered office is in Cuttack, Odisha. Its website is favo.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 2273 New Industrialestate Jagatpur, Cuttack, Odisha, India – 754021
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Eastern Foods 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
Business activity
The main business activity of Eastern Foods 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 Eastern Foods Private Limited, buy the company report.
Financials of Eastern Foods Private Limited
FY 2025 filings availableEastern Foods Private Limited reported revenue of ₹322.77 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 11% growth in the latest year. EBITDA fell 30% 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 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 | ₹8.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Eastern Foods Private Limited, buy the company report.
Board of directors of Eastern Foods Private Limited
Eastern Foods has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhrajeet Sahoo Also directs: Favo Food Industries LLP, Greateastern Hotels and Properties LLP, Eastern Marines Pvt. Ltd. and 4 more | Managing Director | 12 Nov 2003 | 22 Years 11 Months | Current |
| Sachidananda Das Also directs: Easternzone Industries Private Limited | Director | 29 Apr 2023 | 3 Years 6 Months | Current |
| Samarjeet Sahoo Also directs: Favo Food Industries LLP, Greateastern Hotels and Properties LLP, Greateastern Udyog Private Limited and 3 more | Director | 12 Nov 2003 | 22 Years 11 Months | Current |
| Surendranath Sahoo Also directs: Favo Food Industries LLP, Greateastern Hotels and Properties LLP, Eastern Marines Pvt. Ltd. and 5 more | Director | 12 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Eastern Foods Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), 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 |
|---|---|---|---|---|---|---|
| Bishnu Flour Mills Private Limited | ₹331.09 Cr (FY 2025) | 149.0% | Kolkata, West Bengal, India | |||
| Mohanlal Shankarlal Agro Foods Private Limited | ₹329.21 Cr (FY 2025) | -4.0% | Kamptee, Maharashtra, India | |||
| Bhagwati Lacto Foods Private Limited | ₹327.23 Cr (FY 2025) | 10.0% | Ferozepur, Punjab, India | |||
| Eastern Foods Private Limitedthis company | ₹322.77 Cr (FY 2025) | ₹5 Cr | 1.5% | 11.0% | 276 | Cuttack, Odisha, India |
| Agrovision Food Technologies Private Limited | ₹321.3 Cr (FY 2025) | 9.0% | Satara, Maharashtra, India |
To see the full peer comparison of Eastern Foods Private Limited, buy the company report.
Auditor
Eastern Foods Private Limited is audited by R K DAS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K DAS & ASSOCIATES | FY 2023 | 317149E |
Shareholding
The shareholding of Eastern Foods Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eastern Foods Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2025 | 101210777 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 31 Jul 2023 | 100919659 | Hdfc Bank Limited | ₹21 Lakh | Open | |
| 24 Jul 2023 | 100761475 | Tata Capital Financial Services Limited | ₹18.88 Lakh | Open | |
| 30 Mar 2012 | 10412451 | State Bank of India | ₹12.05 Cr | Open | |
| 24 Mar 2004 | 80019610 | State Bank of India | ₹14.64 Cr | Open |
To see the full charge records of Eastern Foods Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Eastern Foods Private Limited has 15 deals on record (9 funding rounds, 6 secondary share transfers), with disclosed funding of ₹14.48 Cr; the latest was in March 2024.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Odisha Prefab Engineering Private Limited , Dinabandhu Sahoo HUF Seller: Odisha Prefab Engineering Private Limited , Surendra Nath Sahoo HUF |
| Feb 2012 | Funding round | ₹3.68 Cr | Investors: Chandraprabhu Vyapaar Pvt Ltd , Tuticorin Dealcomm Pvt Ltd , S N Sahoo & Co |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Chandraprabhu Vyapaar Pvt Ltd Seller: an individual |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Baba Lokanath Mining & Engg. Private Limited Seller: Wexford Sales Pvt. Ltd. , Veeravadra Sales Private Limited, Tekmek Trading Private Limited |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Chandraprabhu Vyapaar Pvt Ltd Seller: an individual |
To see the full deal history of Eastern Foods 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
Eastern Foods Private Limited has 20 court cases on record: 8 filed by Eastern Foods, 12 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 5 |
| High courts | 8 | 2 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by Itc Limited | Pending |
| High Court, ANDHRAPRADESH | Court case (CRLP) | Filed by the company against Itc Limited and 1 other | Disposed |
| District court, Cuttack, Odisha | Court case (M.a.c. Case) | Filed against the company by an individual | Pending |
| District court, Cuttack, Odisha | Court case (M.a.c. Case) | Filed against the company by an individual | Pending |
| District court, Cuttack, Odisha | Court case (M.a.c. Case) | Filed against the company by an individual | Pending |
To see the full case history of Eastern Foods 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
Eastern Foods Private Limited was last rated by Crisil on 02 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Sep 2020 |
To see the full credit ratings and regulatory alerts of Eastern Foods Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Eastern Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Eastern Foods has 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Eastern Foods Private Limited has a workforce of 276 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Eastern Foods has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCE3445M1ZT | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eastern Foods Private Limited, buy the company report.
Recent activity
Eastern Foods Private Limited has 7 board changes on record since 2003: 4 appointments and 3 cessations. The latest: Sanjay Kumar Sahoo ceased to be Director on 26 Jun 2025.
26 earlier events are in the company report.
Frequently asked questions
Eastern Foods is an active private limited company based in Cuttack, Odisha, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 12 November 2003 (23+ years old) and is registered under CIN U15312OR2003PTC007383.
Eastern Foods has 4 current directors:
- Subhrajeet Sahoo - Managing Director
- Sachidananda Das - Director
- Samarjeet Sahoo - Director
- Surendranath Sahoo - Director
The latest financial statements of Eastern Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Eastern Foods is 21AABCE3445M1ZT, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Eastern Foods is U15312OR2003PTC007383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eastern Foods has 20 court cases on record: 8 filed by the company and 12 filed against it. 6 are pending. Most are in the district courts.
Eastern Foods was incorporated on 12 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Cuttack.
Eastern Foods has 15 deals on record (9 funding rounds, 6 secondary share transfers), with disclosed funding of ₹14.48 Cr; the latest was in March 2024.
The peers of Eastern Foods by revenue are Bishnu Flour Mills Private Limited, Mohanlal Shankarlal Agro Foods Private Limited, Bhagwati Lacto Foods Private Limited, Agrovision Food Technologies Private Limited, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).
Sanjay Kumar Sahoo ceased to be Director on 26 Jun 2025. Sachidananda Das was appointed as Director on 29 Apr 2023. Sachidananda Das ceased to be Whole-Time Director on 01 Mar 2023. Eastern Foods has 7 board changes on record in total.
Eastern Foods can be reached through the website favo.co.in. Its registered office is in Cuttack, Odisha, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
