Food Karnataka Limited
About Food Karnataka Limited
Data last updated:
Food Karnataka Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 29 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01513KA2003PLC031873. Its GSTIN is 29AAACF9558K2ZY (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mohammed Paravej Hasansab Banthanal (Managing Director) and Khazi Mohammed Irfan (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.17 Richmond Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.85 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹11.33 Lakh (net margin -63.5%) and EBITDA of -₹11.11 Lakh (EBITDA margin -62.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 13% over five years.
Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Food Karnataka Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.17 Richmond Road, Bangalore, Karnataka, India – 560025
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Food Karnataka 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 Food Karnataka is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Food Karnataka Limited, buy the company report.
Financials of Food Karnataka Limited
FY 2024 filings availableFood Karnataka Limited reported revenue of ₹17.85 Lakh (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 5% fall in the latest year. EBITDA rose 61% 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 | -₹11.11 Lakh | ||||
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| Net Profit (PAT) | -₹11.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -62.2% | ||||
| Net Profit Margin | -63.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Food Karnataka Limited, buy the company report.
Board of directors of Food Karnataka Limited
Food Karnataka has 15 current directors and 50 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivayogi Channaveerappa Kalasad | Nominee Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Gunjan Kinnu Also directs: Mysore Sugar Company Limited, The Mysore Lamp Works Limited, Vijayanagar Steel Limited and 5 more | Nominee Director | 29 Jun 2019 | 7 Years 4 Months | Current |
| Basavana Gowda Channabasavanagowda Patil | Nominee Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Mohammed Paravej Hasansab Banthanal | Managing Director | 08 May 2023 | 3 Years 5 Months | Current |
| Ramacharya Puranik | Nominee Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Manoj Rajan Also directs: Rashtriya E Market Services Private Limited | Nominee Director | 29 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Food Karnataka Limited is audited by DIAS & ASSOCIATES, for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIAS & ASSOCIATES, | FY 2023 | 007104S |
Shareholding
The shareholding of Food Karnataka 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 Food Karnataka Limited, buy the company report.
Legal cases
Food Karnataka Limited has 13 court cases on record: 2 filed by Food Karnataka, 11 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 10 | 3 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Mysore Fruit Products Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Akshay Food Park Ltd | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Akshay Food Park Ltd | Disposed |
| High Court, KARNATAKA | Arbitration matter | Filed against the company by M/S. Akshay Food Park Ltd., and 3 others | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by M/S Srimunisuvrata Agri International Limited | Disposed |
To see the full case history of Food Karnataka 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 Food Karnataka Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Food Karnataka has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF9558K2ZY | Karnataka | Active | 04 Jan 2023 |
To see the full GST registrations and return filing status of Food Karnataka Limited, buy the company report.
Recent activity
Food Karnataka Limited has 65 board changes on record since 2009: 15 appointments and 50 cessations. The latest: Vasanth Kumar Puttamadaiah was appointed as Nominee Director on 08 Oct 2025.
56 earlier events are in the company report.
Frequently asked questions
Food Karnataka is an active public limited company based in Bangalore, Karnataka, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 29 April 2003 (23+ years old) and is registered under CIN U01513KA2003PLC031873.
Food Karnataka has 15 current directors:
- Mohammed Paravej Hasansab Banthanal - Managing Director
- Khazi Mohammed Irfan - Managing Director
- Hosahalli Karigowda Shivakumar - Managing Director
- Shivayogi Channaveerappa Kalasad - Nominee Director
- Gunjan Kinnu - Nominee Director
- Basavana Gowda Channabasavanagowda Patil - Nominee Director
- Ramacharya Puranik - Nominee Director
- Manoj Rajan - Nominee Director
- Rajender Kumar Kataria - Nominee Director
- Puthra Gudanda Thimmaiah - Nominee Director
- Manjunath Sugandaraj Palegar - Nominee Director
- Chilkunda Nanjaiah Nandini Kumari - Nominee Director
- Shivashankara Ninge Gowda - Nominee Director
- Vasanth Kumar Puttamadaiah - Nominee Director
- Kalaiah Nagendra Prasad - Nominee Director
The latest financial statements of Food Karnataka on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Food Karnataka is 29AAACF9558K2ZY, registered in Karnataka. 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 Food Karnataka is U01513KA2003PLC031873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Food Karnataka has 13 court cases on record: 2 filed by the company and 11 filed against it. 4 are pending. Most are in the high courts.
Food Karnataka was incorporated on 29 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Vasanth Kumar Puttamadaiah was appointed as Nominee Director on 08 Oct 2025. Hosahalli Karigowda Shivakumar was appointed as Managing Director on 25 Apr 2025. Puthra Gudanda Thimmaiah was appointed as Nominee Director on 08 Aug 2023. Food Karnataka has 65 board changes on record in total.
The registered office of Food Karnataka is at No.17 Richmond Road, Bangalore, Karnataka, India – 560025.
Food Karnataka operates in the travel and hospitality industry, in the restaurants and dining services segment.
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