MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-MH-23-0102113
Fortune Foods Limited - food and beverages in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.94 Cr
▲ 33% YoY
Net profit · FY 2023
₹12.13 Lakh
Net margin 0.9%
EBITDA · FY 2023
₹91.76 Lakh
EBITDA margin 7.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.36 Cr
Issued & subscribed
Open charges
₹16 Lakh
Satisfied ₹4.8 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
7
Provident fund records
About Fortune Foods Limited
Data last updated:
Fortune Foods Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 16 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01511MH1989PLC186682. Its GSTIN is 27AAACF4646C1ZX (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.36 Cr. It is led by directors including Shailesh Naresh Gupta (Whole-Time Director) and Balkrishna Bhiku Jamdade.
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 5 Gulshan Apartment Tigrania Corner New Mumbai Agra Road, Nashik, Maharashtra, India – 422011.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.94 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Lakh (net margin 0.9%) and EBITDA of ₹91.76 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fortune Foods. As per MCA filings, the company has open charges of ₹16 Lakh and satisfied charges of ₹4.8 Cr on record. Court records list 103 cases involving the company, including 16 filed by the company and 87 filed against it; 7 cases are pending.
Fortune Foods Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0102113). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunefoodslimited.com.
Company details
CIN U01511MH1989PLC186682
Registration Number 186682
Incorporation Date 16 March 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0102113
CIN history
Fortune Foods has one previous CIN (Corporate Identification Number): U01511MP1989PLC005143. The current CIN is U01511MH1989PLC186682, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01511MH1989PLC186682 | Current |
| U01511MP1989PLC005143 | Previous |
Key People
Shailesh Naresh Gupta Whole-Time Director Balkrishna Bhiku Jamdade Director Manju Naresh Gupta Director Recognitions & Rankings of Fortune Foods
Contact details
Fortune Foods Limited's registered office is in Nashik, Maharashtra. Its website is fortunefoodslimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 Gulshan Apartment Tigrania Corner New Mumbai Agra Road, Nashik, Maharashtra, India – 422011
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Fortune Foods Limited, buy the company report.
Comprehensive company report
Fortune Foods Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Fortune Foods operates one associated brand: Fortune Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures edible oils and processed food products for wholesale distribution. | fortunefoods.com |
Financials of Fortune Foods Limited
FY 2024 filings availableFortune Foods Limited reported revenue of ₹12.94 Cr (up 33% YoY) for FY 2023.
Revenue · FY 2023
₹12.94 Cr ▲ 33%
Net profit · FY 2023
₹12.13 Lakh margin 0.9%
EBITDA · FY 2023
₹91.76 Lakh margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 755%
5 years · compounded
▼ 2%
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 755% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.94 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹91.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.13 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Fortune Foods Limited, buy the company report.
Board of directors of Fortune Foods Limited
Fortune Foods has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Naresh Gupta | Whole-Time Director | 10 Oct 1997 | 29 Years 1 Months | Current |
| Balkrishna Bhiku Jamdade | Director | 26 Oct 2012 | 14 Years 0 Months | Current |
| Manju Naresh Gupta | Director | 25 Oct 2015 | 11 Years 0 Months | Current |
| Mansaram Karbhari Ahire | Director | 26 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Fortune Foods Limited is audited by SHARP AARTH & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP AARTH & Co. LLP | FY 2023 | 132748W |
Shareholding
The shareholding of Fortune Foods 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 Fortune Foods Limited, buy the company report.
Charges & borrowings
Open charges
₹16 Lakh
Satisfied charges
₹4.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2002 | 90203984 | Parle Agro Pvt. Ltd. | ₹16 Lakh | Open | |
| 09 Sep 1993 | 90207384 | Union Bank of India | ₹2.8 Cr | Satisfied | |
| 22 May 1992 | 90202773 | Industrial Development Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Fortune Foods Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Fortune Foods Limited has 103 court cases on record: 16 filed by Fortune Foods, 87 filed against it. 7 cases are pending and 96 are disposed.
Total cases
103
Filed by the company
16
Filed against the company
87
Pending
7
Disposed
96
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 71 | 67 | 5 |
| High courts | 31 | 19 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Capital Foods Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Tetra Pak India Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Tetra Pak India Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Alfa Laval Financial Services Ltd.I | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Parle Agro Pvt. Ltd. | Disposed |
To see the full case history of Fortune 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
Fortune Foods Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 30 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 |
|---|---|---|---|
| an individual supplier | |||
| Royal Inks & Equipments Private Limited | |||
| Dotsmark Systems India Limited | |||
| Shresav Plastics Private Limited | |||
| Ratan Chandak & Co |
To see the full MSME payment records of Fortune Foods Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fortune Foods Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
75%
GST
Fortune Foods has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF4646C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Foods Limited, buy the company report.
Recent activity
Fortune Foods Limited has 12 board changes on record since 1997: 4 appointments and 8 cessations. The latest: Payal Narendra Vyas ceased to be Company Secretary on 15 Apr 2019.
AGM
Fortune Foods Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fortune Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Payal Narendra Vyas ceased to be Company Secretary.
Ceased
Naresh Kunjlal Gupta ceased to be Managing Director.
Ceased
Manju Naresh Gupta ceased to be Additional Director.
Appointed
Manju Naresh Gupta was appointed as Director.
Ceased
Balkrishna Bhiku Jamdade ceased to be Additional Director.
Ceased
Mansaram Karbhari Ahire ceased to be Additional Director.
Appointed
Balkrishna Bhiku Jamdade was appointed as Director.
Appointed
Mansaram Karbhari Ahire was appointed as Director.
Ceased
Pramod Kumar ceased to be Director.
Charges
A charge registered on 09 Sep 1993 via Charge ID 90207384 with Union Bank Of India was fully satisfied on 12 Nov 2007.
8 earlier events are in the company report.
Frequently asked questions
Fortune Foods is an active public limited company based in Nashik, Maharashtra, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 16 March 1989 (37+ years old) and is registered under CIN U01511MH1989PLC186682.
Fortune Foods has 4 current directors:
- Shailesh Naresh Gupta - Whole-Time Director
- Balkrishna Bhiku Jamdade - Director
- Manju Naresh Gupta - Director
- Mansaram Karbhari Ahire - Director
The latest financial statements of Fortune Foods 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 Fortune Foods is 27AAACF4646C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fortune Foods is U01511MH1989PLC186682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Foods has 103 court cases on record: 16 filed by the company and 87 filed against it. 7 are pending. Most are in the district courts.
Fortune Foods was incorporated on 16 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Payal Narendra Vyas ceased to be Company Secretary on 15 Apr 2019. Naresh Kunjlal Gupta ceased to be Managing Director on 17 Jul 2018. Manju Naresh Gupta ceased to be Additional Director on 30 Sep 2016. Fortune Foods has 12 board changes on record in total.
Yes, Fortune Foods is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0102113).
Fortune Foods has 2 MSME Form 1 returns on record between 2019 and 2021, listing 30 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Aug 2021.
Fortune Foods can be reached through the website fortunefoodslimited.com. Its registered office is in Nashik, Maharashtra, 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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages