Good Bread Limited
About Good Bread Limited
Data last updated:
Good Bread Limited is a public limited company based in Bengaluru, Karnataka, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 21 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15411KA2000PLC027502. Its GSTIN is 29AABCG3618E1ZT (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.47 Cr. It was formerly known as Good Bread Private Limited. It is led by directors including Setru Gopal Ashalatha and Sapna Suraj.
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.12 C K Palya Road Hommadevana Halli Bannnerghatta Main Road, Bengaluru, Karnataka, India – 560083.
As per the financials filed for FY 2024, the company reported a revenue of ₹11 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹6.47 Lakh (net margin 0.6%) and EBITDA of ₹63.62 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 23% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GoodBread. As per MCA filings, the company has open charges of ₹1.99 Cr and satisfied charges of ₹50 Lakh on record. Court records list 11 cases involving the company, including 5 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.12 C K Palya Road Hommadevana Halli Bannnerghatta Main Road, Bengaluru, Karnataka, India – 560083
- 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 Good Bread Limited
The main business activity of Good Bread 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 Good Bread Limited FY 2024 filings available
Good Bread Limited reported revenue of ₹11 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Good Bread Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 20% growth in the latest year. EBITDA rose 17% 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 Good Bread Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹63.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.47 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 of Good Bread Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Good Bread 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 Good Bread Limited
Good Bread 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 |
|---|---|---|---|---|---|---|
| Padma Nutri Health Products Private Limited | ₹11.29 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Raiganj, West Bengal, India |
| Rajwani Exports Private Limited | ₹11.21 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Indore, Madhya Pradesh, India |
| Amiamo Food Products Private Limited | ₹11.2 Cr (FY 2024) | •••• | •••• | 357.0% | •••• | North Parganas, West Bengal, India |
| Shree Shakti Proteins Pvt Ltd. | ₹11.17 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gwalior, Madhya Pradesh, India |
| Cocoamelts Chocolates India Private Limited | ₹11.14 Cr (FY 2024) | •••• | •••• | -43.0% | •••• | Pune, Maharashtra, India |
| Good Bread Limited this company | ₹11 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Bengaluru, Karnataka, India |
| Amintiri Retail Ventures Private Limited | ₹10.96 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bangalore North, Karnataka, India |
| Man Foods Private Limited | ₹10.92 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Aggarwal Bikaneri Sweets Private Limited | ₹10.85 Cr (FY 2025) | •••• | •••• | 465.0% | •••• | Delhi, India |
| Nafees Bakery Pvt Ltd | ₹10.83 Cr (FY 2017) | •••• | •••• | 7.0% | •••• | Indore, Madhya Pradesh, India |
| Arrk Celebrations Private Limited | ₹10.78 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Good Bread 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 Good Bread Limited
Good Bread Limited is audited by Darshan KR & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Darshan KR & Associates | 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 of Good Bread Limited
Good Bread has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Setru Gopal Ashalatha | Director | 20 Sep 2021 | 5 Years 0 Months | Current |
| Sapna Suraj | Director | 20 Sep 2021 | 5 Years 0 Months | Current |
| Suraj Ashokkumar Mullangi | Additional Director | 20 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Good Bread 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 Good Bread Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2021 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 13 Feb 2014 | The Karnataka Bank Limited | ₹9.3 Lakh | Open |
| 09 Dec 2011 | The Karnataka Bank Limited | ₹8.3 Lakh | Open |
| 30 Mar 2011 | The Karnataka Bank Limited | ₹1.76 Lakh | Open |
| 30 Mar 2011 | The Karnataka Bank Limited | ₹60 Lakh | Open |
Total charge records: 12 View all charges
Legal Cases of Good Bread Limited
Good Bread Limited has 11 court cases on record: 5 filed by Good Bread, 5 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by BTS Rollor Flour Mills Pvt.Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Commissioner | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against BBMP Commissioner | Disposed |
Full case history
All 11 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.
Associated Brands with Good Bread Limited
Good Bread operates one associated brand: GoodBread. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of small business loans focusing on relationship-building and alternative credit assessment | goodbread.net |
Employees and EPFO Compliance at Good Bread Limited
Good Bread Limited has a workforce of 10 employees as of Apr 05, 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 Good Bread Limited
Good Bread Limited has 32 board changes on record since 2000: 17 appointments and 15 cessations. The latest: Suraj Ashokkumar Mullangi was appointed as Additional Director on 20 Jan 2025.
37 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Good Bread 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.
MSME Payment Delays by Good Bread Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Good Bread 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 Good Bread Limited
Good Bread has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG3618E1ZT | Karnataka | 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 Good Bread 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 Good Bread Limited
Good Bread is an active public limited company based in Bengaluru, Karnataka, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 21 July 2000 (26+ years old) and is registered under CIN U15411KA2000PLC027502.
Good Bread reported revenue of ₹11 Cr for FY 2024 (up 20% YoY).
Good Bread has 3 current directors:
- Setru Gopal Ashalatha - Director
- Sapna Suraj - Director
- Suraj Ashokkumar Mullangi - Additional Director
Good Bread reported a net profit of ₹6.47 Lakh (net margin 0.6%) and EBITDA of ₹63.62 Lakh (EBITDA margin 5.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Good Bread is 45% over three years and 23% over five years. In the latest year (FY 2024) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Good Bread is 29AABCG3618E1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Good Bread is U15411KA2000PLC027502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Good Bread has 11 court cases on record: 5 filed by the company and 5 filed against it. Most are in the district courts.
Good Bread was incorporated on 21 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Good Bread by revenue are Padma Nutri Health Products Private Limited, Rajwani Exports Private Limited, Amiamo Food Products Private Limited, Shree Shakti Proteins Pvt Ltd, Cocoamelts Chocolates India Private Limited and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products).
Suraj Ashokkumar Mullangi was appointed as Additional Director on 20 Jan 2025. Sagar Ashokkumar Mullangi ceased to be Whole-Time Director on 20 Sep 2021. Sapna Suraj was appointed as Director on 20 Sep 2021. Good Bread has 32 board changes on record in total.