MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0042978
Good Way Organic Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹21.78 Lakh
▲ 49% YoY
Net loss · FY 2023
₹1.74 Lakh
Net margin -8%
EBITDA · FY 2023
₹1.45 Lakh
EBITDA margin 6.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.25 Lakh
Issued & subscribed
Open charges
₹1.5 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Good Way Organic Private Limited
Data last updated:
Good Way Organic Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 02 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15209KA2014PTC076161. Its GSTIN is 29AAFCG7161A1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors Dhrthi Guruprasad and Sirigowri Guruprasad.
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 131/1 1st Main Pramodh Layout Near: Nice Toll, Bangalore, Karnataka, India – 560039.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.78 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Lakh (net margin -8%) and EBITDA of ₹1.45 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
The company is associated with 1 brand: Good Way Organic. As per MCA filings, the company has open charges of ₹1.5 Lakh on record.
Good Way Organic Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0042978). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goodwayorganic.com.
Company details
CIN U15209KA2014PTC076161
Registration Number 076161
Incorporation Date 02 September 2014
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-03-0042978
Recognitions & Rankings of Good Way Organic
Contact details
Good Way Organic Private Limited's registered office is in Bangalore, Karnataka. Its website is goodwayorganic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address131/1 1st Main Pramodh Layout Near: Nice Toll, Bangalore, Karnataka, India – 560039
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Good Way Organic Private Limited, buy the company report.
Comprehensive company report
Good Way Organic Private 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
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Brands
Good Way Organic operates one associated brand: Good Way Organic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform selling organic groceries, fruits, vegetables, and wellness items. | goodwayorganic.com |
Business activity
The main business activity of Good Way Organic is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Good Way Organic Private Limited, buy the company report.
Financials of Good Way Organic Private Limited
FY 2024 filings availableGood Way Organic Private Limited reported revenue of ₹21.78 Lakh (up 49% YoY) for FY 2023.
Revenue · FY 2023
₹21.78 Lakh ▲ 49%
Net loss · FY 2023
₹1.74 Lakh margin -8%
EBITDA · FY 2023
₹1.45 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 15%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▼ 21%
5 years · compounded
▼ 12%
Revenue rose 49% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 100% 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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| Total Expenses | |||||
| EBITDA | ₹1.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.74 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 | 6.7% | ||||
| Net Profit Margin | -8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Good Way Organic Private Limited, buy the company report.
Board of directors of Good Way Organic Private Limited
Good Way Organic has 2 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 |
|---|---|---|---|---|
| Dhrthi Guruprasad | Director | 26 Aug 2024 | 2 Years 2 Months | Current |
| Sirigowri Guruprasad | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Good Way Organic Private Limited is audited by GANESAN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESAN & ASSOCIATES | FY 2021 | 012656S |
Shareholding
The shareholding of Good Way Organic Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Good Way Organic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2020 | 100354358 | Others | ₹1.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Good Way Organic Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Good Way Organic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Good Way Organic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCG7161A1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Good Way Organic Private Limited, buy the company report.
Recent activity
Good Way Organic Private Limited has 13 board changes on record since 2014: 2 appointments and 11 cessations. The latest: Dhrthi Guruprasad ceased to be Additional Director on 29 Sep 2024.
AGM
Good Way Organic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Dhrthi Guruprasad ceased to be Additional Director.
Appointed
Dhrthi Guruprasad was appointed as Director.
Filing
Good Way Organic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Nischaya Gurudeep Mylar ceased to be Director.
Ceased
Sirigowri Guruprasad ceased to be Additional Director.
Appointed
Sirigowri Guruprasad was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.50 Lakh with Charge ID 100354358 was registered on 24 Jul 2020.
Ceased
Vinutha Keshavamurthy ceased to be Director.
Ceased
Mahendra Basavaraj Kumar ceased to be Director.
Ceased
Ashwini Manjunatha ceased to be Additional Director.
Ceased
Pushpalatha Bangalore Viswanath ceased to be Additional Director.
5 earlier events are in the company report.
Frequently asked questions
Good Way Organic is an active private limited company based in Bangalore, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 02 September 2014 (12+ years old) and is registered under CIN U15209KA2014PTC076161.
Good Way Organic has 2 current directors:
- Dhrthi Guruprasad - Director
- Sirigowri Guruprasad - Director
The latest financial statements of Good Way Organic 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 Good Way Organic is 29AAFCG7161A1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Good Way Organic is U15209KA2014PTC076161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Good Way Organic was incorporated on 02 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Dhrthi Guruprasad ceased to be Additional Director on 29 Sep 2024. Dhrthi Guruprasad was appointed as Director on 26 Aug 2024. Nischaya Gurudeep Mylar ceased to be Director on 12 Aug 2022. Good Way Organic has 13 board changes on record in total.
Yes, Good Way Organic is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0042978).
Good Way Organic can be reached through the website goodwayorganic.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Good Way Organic is at 1311 1st Main Pramodh Layout Near: Nice Toll, Bangalore, Karnataka, India – 560039.
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