Gorinta Protein Foods Pvt Ltd
About Gorinta Protein Foods Pvt Ltd
Data last updated:
Gorinta Protein Foods Pvt Ltd is a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 03 March 1987.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05004AP1987PTC007233.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹5.09 Lakh. It is led by directors including Gorinta Kodanda Rama Raju (Managing Director) and Rajesh Gorinta.
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 Door No.50 – 53 – 1/4 Plot No.255 N.E Layout Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.83 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹5.58 Lakh (net margin 0.8%) and EBITDA of ₹29.5 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4.58 Cr on record.
Company details
Contact details
Gorinta Protein Foods Pvt Ltd's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.50 – 53 – 1/4 Plot No.255 N.E Layout Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Gorinta Protein Foods Pvt 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
Financials of Gorinta Protein Foods Pvt Ltd
FY 2023 filings availableGorinta Protein Foods Pvt Ltd reported revenue of ₹6.83 Cr (down 33% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 33% fall in the latest year. EBITDA fell 59% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.83 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.58 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 | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Gorinta Protein Foods Pvt Ltd, buy the company report.
Board of directors of Gorinta Protein Foods Pvt Ltd
Gorinta Protein Foods has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Gorinta Also directs: SRK Ventures LLP, T33 Enterprises LLP | Director | 01 Oct 2011 | 15 Years 1 Months | As last reported |
| Susheel Kumar Raju Gorinta Also directs: Gorinta Aqua Tech Pvt Ltd | Director | 01 Oct 2011 | 15 Years 1 Months | As last reported |
| Ramesh Atluri | Irp/Rp/Liquidator | 29 Jan 2024 | 2 Years 9 Months | As last reported |
| Gorinta Kodanda Rama Raju Also directs: Gorinta Aqua Tech Pvt Ltd | Managing Director | 03 Mar 1987 | 39 Years 8 Months | As last reported |
| Manthena Gopala Krishnam Raju | Director | 21 May 1996 | 30 Years 5 Months | As last reported |
| Sivaji Gorinta | Director | 01 Oct 2011 | 15 Years 1 Months | As last reported |
Auditor
Gorinta Protein Foods Pvt Ltd is audited by N Y AJAY KUMAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N Y AJAY KUMAR & ASSOCIATES | FY 2022 | 228955 |
Shareholding
The shareholding of Gorinta Protein Foods Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gorinta Protein Foods Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2021 | 100427417 | Others | ₹7.55 Lakh | Satisfied | |
| 13 Nov 2017 | 100137848 | Others | ₹2.77 Cr | Satisfied | |
| 22 Jul 2002 | 90136643 | Bank of Baroda | ₹8.28 Lakh | Satisfied | |
| 13 Oct 1995 | 90132168 | Bank of Baroda | ₹1.65 Cr | Satisfied |
To see the full charge records of Gorinta Protein Foods Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Gorinta Protein Foods Pvt Ltd 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 Gorinta Protein Foods Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gorinta Protein Foods Pvt Ltd has a workforce of 9 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Gorinta Protein Foods Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gorinta Protein Foods Pvt Ltd has 7 board changes on record since 1987: 6 appointments and 1 cessation. The latest: Ramesh Atluri was appointed as Irp/Rp/Liquidator on 29 Jan 2024.
8 earlier events are in the company report.
Frequently asked questions
Gorinta Protein Foods is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Gorinta Protein Foods is a company under liquidation, formerly operating as a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 03 March 1987 and is registered under CIN U05004AP1987PTC007233. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gorinta Protein Foods has 6 current directors:
- Gorinta Kodanda Rama Raju - Managing Director
- Rajesh Gorinta - Director
- Susheel Kumar Raju Gorinta - Director
- Manthena Gopala Krishnam Raju - Director
- Sivaji Gorinta - Director
- Ramesh Atluri - Irp/Rp/Liquidator
The latest financial statements of Gorinta Protein Foods 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 CIN (Corporate Identification Number) of Gorinta Protein Foods is U05004AP1987PTC007233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gorinta Protein Foods has no open charges and satisfied charges of ₹4.58 Cr as per latest MCA filings.
Gorinta Protein Foods was incorporated on 03 March 1987. It is registered with the Registrar of Companies, Vijayawada.
Ramesh Atluri was appointed as Irp/Rp/Liquidator on 29 Jan 2024. Gorinta Soma Raju ceased to be Director on 21 May 2012. Rajesh Gorinta was appointed as Director on 01 Oct 2011. Gorinta Protein Foods has 7 board changes on record in total.
The registered office of Gorinta Protein Foods is at Door No.50 – 53 – 14 Plot No.255 N.E Layout Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
Gorinta Protein Foods operates in the food and beverages industry, in the food and beverage retail and distribution segment.
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