GRD Foods Private Limited
About GRD Foods Private Limited
Data last updated:
GRD Foods Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 28 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15490PB2012PTC036696. Its GSTIN is 03AAECG9110A1ZD (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Guntaj Singh Sandhu and Bikramjit Singh Sandhu.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at A – 38 Ranjit Avenue, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2019, the company reported a revenue of ₹23.3 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹85.9 Lakh (net margin -3.7%) and EBITDA of ₹2.07 Cr (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
As per MCA filings, the company has open charges of ₹31.93 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
GRD Foods Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 38 Ranjit Avenue, Amritsar, Punjab, India – 143001
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of GRD Foods Private Limited, 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
Business activity
The main business activity of GRD Foods 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 GRD Foods Private Limited, buy the company report.
Financials of GRD Foods Private Limited
FY 2019 filings availableGRD Foods Private Limited reported revenue of ₹23.3 Cr (down 37% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 37% fall in the latest year. EBITDA fell 19% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹23.3 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹85.9 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | -3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of GRD Foods Private Limited, buy the company report.
Board of directors of GRD Foods Private Limited
GRD Foods has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guntaj Singh Sandhu | Director | 28 Sep 2012 | 14 Years 1 Months | Current |
| Bikramjit Singh Sandhu | Director | 30 Jun 2015 | 11 Years 4 Months | Current |
Peer comparison
GRD Foods Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy 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 |
|---|---|---|---|---|---|---|
| Nandi Milk Products Private Limited | ₹23.73 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Umiya Milk Products Private Limited | ₹23.44 Cr (FY 2024) | 1.0% | Ctm Amraiwadi Ahmedabad, Gujarat, India | |||
| GRD Foods Private Limitedthis company | ₹23.3 Cr (FY 2019) | -₹85.9 Lakh | -3.7% | -37.0% | Amritsar, Punjab, India | |
| Akarsh Dairy Private Limited | ₹23.27 Cr (FY 2025) | -13.0% | Krishnagiri Dt, Tamil Nadu, India | |||
| VK Dairy Essentials Private Limited | ₹23.26 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Fidelo Farms Private Limited | ₹23.25 Cr (FY 2024) | -10.0% | Delhi, India |
To see the full peer comparison of GRD Foods Private Limited, buy the company report.
Auditor
GRD Foods Private Limited is audited by PARDEEP KAPOOR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARDEEP KAPOOR & ASSOCIATES | FY 2019 | 002773N |
Shareholding
The shareholding of GRD Foods Private Limited 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 GRD Foods Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2018 | 100175963 | Others | ₹5 Cr | Open | |
| 04 Sep 2013 | 10451286 | Others | ₹26.93 Cr | Open |
To see the full charge records of GRD Foods Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
GRD Foods Private Limited has 6 court cases on record: 5 filed by GRD Foods, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed against the company by The Jammu and Kashmir Bank Through Its Authorized Officer Impaired Assets Portfolio Management Department, Zonal Office Jammu Central 2, Kathua ,Kathua , Jammu & Kashmir | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against The Jammu and Kashmir Bank and Ors | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others and 2 others | Disposed |
| High Court | Court case (OWP) | Filed by the company against State Th.Social Welf.Deptt.And Ors. | Disposed |
| High Court | Court case (OWP) | Filed by the company against State Th.Social Welfare Deptt.And Ors. | Disposed |
To see the full case history of GRD Foods Private Limited, 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.
Credit ratings & regulatory alerts
GRD Foods Private Limited was last rated by Care on 03 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Feb 2023 |
To see the full credit ratings and regulatory alerts of GRD Foods Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GRD Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GRD Foods Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
GRD Foods has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECG9110A1ZD | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GRD Foods Private Limited, buy the company report.
Recent activity
GRD Foods Private Limited has 11 board changes on record since 2012: 6 appointments and 5 cessations. The latest: Bikramjit Singh Sandhu ceased to be Additional Director on 30 Sep 2015.
5 earlier events are in the company report.
Frequently asked questions
GRD Foods is an active private limited company based in Amritsar, Punjab, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 28 September 2012 (14+ years old) and is registered under CIN U15490PB2012PTC036696.
GRD Foods has 2 current directors:
- Guntaj Singh Sandhu - Director
- Bikramjit Singh Sandhu - Director
The latest financial statements of GRD Foods on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of GRD Foods is 03AAECG9110A1ZD, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of GRD Foods is U15490PB2012PTC036696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GRD Foods has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
GRD Foods was incorporated on 28 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of GRD Foods by revenue are Nandi Milk Products Private Limited, Umiya Milk Products Private Limited, Akarsh Dairy Private Limited, VK Dairy Essentials Private Limited, Fidelo Farms Private Limited, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Bikramjit Singh Sandhu ceased to be Additional Director on 30 Sep 2015. Chamandeep Singh Sandhu ceased to be Additional Director on 30 Sep 2015. Savjot Kaur ceased to be Additional Director on 30 Sep 2015. GRD Foods has 11 board changes on record in total.
The registered office of GRD Foods is at A – 38 Ranjit Avenue, Amritsar, Punjab, India – 143001.
GRD Foods operates in the food and beverages industry, in the dairy products and milk processing segment.
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