About Foster Foods P Ltd
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Foster Foods P Ltd is a private limited company based in Thrissur, Kerala, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 24 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U15412KL1987PTC004811. Its GSTIN is 32AAACF4736F1Z1 (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38.15 Lakh. It is led by directors including Farsina (Managing Director) and Anvar Channanaparambil Pandikasalakkal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Varadiyam Avanoor, Thrissur, Kerala, India – 680547.
As per the financials filed for FY 2023, the company reported a revenue of ₹77.81 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹86.3 Lakh (net margin -110.9%) and EBITDA of -₹77.05 Lakh (EBITDA margin -99%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 30% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Foster Foods. As per MCA filings, the company has satisfied charges of ₹65.48 Lakh on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fosterfoods.net.
Company details
Contact details
Foster Foods P Ltd's registered office is in Thrissur, Kerala. Its website is fosterfoods.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVaradiyam Avanoor, Thrissur, Kerala, India – 680547
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Foster Foods P Ltd, 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
Foster Foods P operates one associated brand: Foster Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality sugar-free biscuits. | fosterindia.com |
Business activity
The main business activity of Foster Foods P 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 Foster Foods P Ltd, buy the company report.
Financials of Foster Foods P Ltd
FY 2023 filings availableFoster Foods P Ltd reported revenue of ₹77.81 Lakh (down 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 50% fall in the latest year. EBITDA fell 414% 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 |
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| EBITDA | -₹77.05 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹86.3 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -99% | ||||
| Net Profit Margin | -110.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Foster Foods P Ltd, buy the company report.
Board of directors of Foster Foods P Ltd
Foster Foods P has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Farsina | Managing Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Anvar Channanaparambil Pandikasalakkal | Director | 03 Jan 2012 | 14 Years 10 Months | Current |
| Abdul Rasak Aravassery Kunhimohammed | Director | 03 Jan 2012 | 14 Years 10 Months | Current |
Peer comparison
Foster Foods P Ltd is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), 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 |
|---|---|---|---|---|---|---|
| Chitravan Baking Private Limited | ₹80.64 Lakh (FY 2024) | 13.0% | Kanpur, Uttar Pradesh, India | |||
| Biteful Consumer Products Private Limited | ₹77.93 Lakh (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| Foster Foods P Ltdthis company | ₹77.81 Lakh (FY 2023) | -₹86.3 Lakh | -110.9% | -50.0% | 26 | Thrissur, Kerala, India |
| Ridhi Sidhi Confectioners Private Limited | ₹77.1 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Mewalal Foods Private Limited | ₹75.48 Lakh (FY 2024) | 35574.0% | Ranchi, Jharkhand, India | |||
| Laxmi Bakers Private Limited | ₹75.07 Lakh (FY 2023) | -3.0% | Rajasthan, India |
To see the full peer comparison of Foster Foods P Ltd, buy the company report.
Auditor
Foster Foods P Ltd is audited by VARMA & VARMA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARMA & VARMA | FY 2019 | 004532S |
Shareholding
The shareholding of Foster Foods P Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Foster Foods P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2021 | 100464714 | Others | ₹5.97 Lakh | Satisfied | |
| 12 Mar 2021 | 100427589 | Others | ₹3 Lakh | Satisfied | |
| 02 Apr 2008 | 10097613 | State Bank of India | ₹50 Lakh | Satisfied | |
| 03 Feb 1995 | 90016282 | State Bank of India | ₹1.51 Lakh | Satisfied | |
| 19 Oct 1993 | 90016080 | State Bank of India | ₹5 Lakh | Satisfied |
To see the full charge records of Foster Foods P Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Foster Foods P Ltd has 18 court cases on record: 13 filed by Foster Foods P, 5 filed against it. 3 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 2 |
| District courts | 6 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by M/S.Britannia Industries Ltd | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| High Court | Appeal | Filed by the company against individuals | Pending |
| High Court | Writ petition | Filed by the company against Deputy Labour Commissioner and 2 others | Disposed |
To see the full case history of Foster Foods P Ltd, 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 Foster Foods P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foster Foods P Ltd has a workforce of 26 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Foster Foods P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACF4736F1Z1 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Foster Foods P Ltd, buy the company report.
Recent activity
Foster Foods P Ltd has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Farsina was appointed as Managing Director on 05 Jul 2021.
20 earlier events are in the company report.
Frequently asked questions
Foster Foods P is an active private limited company based in Thrissur, Kerala, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 24 June 1987 (39+ years old) and is registered under CIN U15412KL1987PTC004811.
Foster Foods P has 3 current directors:
- Farsina - Managing Director
- Anvar Channanaparambil Pandikasalakkal - Director
- Abdul Rasak Aravassery Kunhimohammed - Director
The latest financial statements of Foster Foods P on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Foster Foods P is 32AAACF4736F1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Foster Foods P is U15412KL1987PTC004811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foster Foods P has 18 court cases on record: 13 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Foster Foods P was incorporated on 24 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Foster Foods P by revenue are Chitravan Baking Private Limited, Biteful Consumer Products Private Limited, Ridhi Sidhi Confectioners Private Limited, Mewalal Foods Private Limited, Laxmi Bakers Private Limited, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Farsina was appointed as Managing Director on 05 Jul 2021. Firoon Aravassery ceased to be Managing Director on 28 Jun 2021. Farsina ceased to be Managing Director on 27 Mar 2021. Foster Foods P has 17 board changes on record in total.
Foster Foods P can be reached through the website fosterfoods.net. Its registered office is in Thrissur, Kerala, India.
The registered office of Foster Foods P is at Varadiyam Avanoor, Thrissur, Kerala, India – 680547.
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