About Garuda Polyflex Foods Private Limited
Data last updated:
Garuda Polyflex Foods Private Limited is a private limited company based in Anekal, Karnataka, India, a subsidiary of M/S. Pt Tudung Putra Putri Jaya. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 23 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15400KA2011PTC059287. Its GSTIN is 29AAECG3047L1ZC (Karnataka). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹44 Cr. It is led by directors including Anand Balram Nichani and Hartono Atmadja.
Its last annual general meeting (AGM) was held on 25 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Anekal, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.1 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹10.93 Cr (net margin -40.3%) and EBITDA of -₹10.12 Cr (EBITDA margin -37.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 23% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Garuda Polyflex Foods. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹3 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 13 deals on record (8 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.13 Cr; the latest was in May 2024. Its 10 peer companies in the Food and Beverages industry (Confectionery and Bakery Products) are compared by revenue, 5 larger and 5 smaller; the largest is Uttam Food Infrastructure Park Private Limited with revenue of ₹27.56 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 27 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gpfoods.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 261 Sara Square First Floor, Srirampura Circle Bommasandra Jigani Link Road, Anekal, Karnataka, India – 560105
- IndustryFood and Beverages, Bakery & Confectionery Products
- 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
- One PDF report, delivered after checkout
Business Activity of Garuda Polyflex Foods Private Limited
The main business activity of Garuda Polyflex Foods is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Garuda Polyflex Foods Private Limited FY 2025 filings available
Garuda Polyflex Foods Private Limited reported revenue of ₹27.1 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garuda Polyflex Foods Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 45% fall in the latest year. EBITDA fell 95% 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 of Garuda Polyflex Foods Private Limited
| 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 | -₹10.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.93 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 of Garuda Polyflex Foods Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -40.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Garuda Polyflex Foods are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uttam Food Infrastructure Park Private Limited | ₹27.56 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Suraj Prakash Jain Private Limited | ₹27.46 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bikaner, Rajasthan, India |
| Dangee Dums Limited Listed | ₹27.44 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Kamal's Cake & Confectionery Private Limited | ₹27.43 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Howrah, West Bengal, India |
| Victoria International Private Limited | ₹27.16 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Kharagpur, West Bengal, India |
| Garuda Polyflex Foods Private Limited this company | ₹27.1 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Anekal, Karnataka, India |
| Nezone Foods Private Limited | ₹26.9 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Qans Consumer Products Private Limited | ₹26.68 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Takshila Foods Private Limited | ₹26.65 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Vinod Multifood Products Private Limited | ₹26.63 Cr (FY 2025) | •••• | •••• | 432.0% | •••• | New Delhi, Delhi, India |
| M.B.Foods Pvt Ltd | ₹26.48 Cr (FY 2025) | •••• | •••• | 165.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Garuda Polyflex Foods by revenue in the Food and Beverages industry (Confectionery and Bakery Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited is audited by Raghavan, Chaudhuri and Narayanan for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Raghavan, Chaudhuri and Narayanan | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited currently reports 3 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Balram Nichani | Director | 10 Dec 2014 | 11 Years 10 Months | Current |
| Hartono Atmadja | Director | 21 Nov 2011 | 14 Years 10 Months | Current |
| Ashok George | Director | 19 Jun 2024 | 2 Years 3 Months | Current |
| Pooja Chetan Gandhi | Company Secretary | 08 Feb 2024 | 2 Years 8 Months | Current |
Ownership and Shareholding of Garuda Polyflex Foods Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Garuda Polyflex Foods Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹3 Cr | Open |
| 07 Jan 2013 | United Overseas Bank Limited | ₹3 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited has 13 deals on record (8 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.13 Cr; the latest was in May 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Rights issue | ₹6 Cr | Investors: Polyflex(India) Private Limited , 2 individuals |
| Nov 2022 | Rights issue | ₹27 Cr | Investors: Polyflex(India) Private Limited , 3 individuals |
| Sep 2022 | Rights issue | ₹11.5 Cr | Investors: Polyflex(India) Private Limited , 3 individuals |
| Apr 2022 | Rights issue | ₹2.5 Cr | Investors: Polyflex(India) Private Limited , 3 individuals |
| Jan 2020 | Rights issue | ₹1.5 Cr | Investors: Polyflex(India) Private Limited , 3 individuals |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited has 3 court cases on record: 1 filed by Garuda Polyflex Foods, 2 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Execution petition | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 27 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ndian Dairy Agro Industries | •••• | •••• | •••• |
| Avnflex Packing Private Limited | •••• | •••• | •••• |
| Singhania Flexo Pack Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| KR Packaging | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods operates one associated brand: Garuda Polyflex Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells wafer sticks, cubes, and snack products for consumer markets. | gpfoods.co.in |
Employees and EPFO Compliance at Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited has a workforce of 153 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods Private Limited has 20 board changes on record since 2011: 12 appointments and 8 cessations. The latest: Hardianto Atmadja ceased to be Director on 20 Jun 2024.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Garuda Polyflex Foods Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Garuda Polyflex Foods Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECG3047L1ZC | Karnataka | Active | 01 Jul 2017 |
| 33AAECG3047L1ZN | Tamil Nadu | Active | 01 Jul 2017 |
| 36AAECG3047L1ZH | Telangana | Active | 01 Jul 2017 |
| 37AAECG3047L1ZF | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Garuda Polyflex Foods Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Garuda Polyflex Foods Private Limited
Garuda Polyflex Foods is an active private limited company based in Anekal, Karnataka, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 23 June 2011 (15+ years old) and is registered under CIN U15400KA2011PTC059287.
Garuda Polyflex Foods reported revenue of ₹27.1 Cr for FY 2025 (down 45% YoY).
Garuda Polyflex Foods has 4 current directors and KMP:
- Anand Balram Nichani - Director
- Hartono Atmadja - Director
- Ashok George - Director
- Pooja Chetan Gandhi - Company Secretary
Garuda Polyflex Foods reported a net loss of ₹10.93 Cr (net margin -40.3%) and EBITDA of -₹10.12 Cr (EBITDA margin -37.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garuda Polyflex Foods is -32% over three years and -23% over five years. In the latest year (FY 2025) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Garuda Polyflex Foods is 29AAECG3047L1ZC, registered in Karnataka. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 33AAECG3047L1ZN (Tamil Nadu), 36AAECG3047L1ZH (Telangana), 37AAECG3047L1ZF (Andhra Pradesh).
The CIN (Corporate Identification Number) of Garuda Polyflex Foods is U15400KA2011PTC059287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garuda Polyflex Foods has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Garuda Polyflex Foods was incorporated on 23 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Garuda Polyflex Foods has 13 deals on record (8 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.13 Cr; the latest was in May 2024.
The peers of Garuda Polyflex Foods by revenue are Uttam Food Infrastructure Park Private Limited, Suraj Prakash Jain Private Limited, Dangee Dums Limited, Kamal's Cake & Confectionery Private Limited, Victoria International Private Limited and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products).
Hardianto Atmadja ceased to be Director on 20 Jun 2024. Venkatesh Prasad Rajaram Metha ceased to be Director on 20 Jun 2024. Ashok George was appointed as Director on 19 Jun 2024. Garuda Polyflex Foods has 20 board changes on record in total.