About Guiltfree Industries Limited
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Guiltfree Industries Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Rpsg Ventures Limited. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 06 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U15549WB2017PLC218864. Its GSTIN is 19AAGCG6502L1ZD (West Bengal). The company holds 23 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹1,008.17 Cr. It is led by directors including Vikas Jain (Whole-Time Director) and Saumyapriya Bose.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 31 Netaji Subhas Road 1st Floor Duncan House, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹416.52 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹301.01 Cr (net margin -72.3%) and EBITDA of -₹170.32 Cr (EBITDA margin -40.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 388 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Too Yumm and Evita Foods. As per MCA filings, the company has open charges of ₹1,734.75 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 3 cases are pending. The company has 8 deals on record (5 rights issues, 3 acquisitions); the latest was in March 2023. Its 5 peer companies in the FMCG industry (Confectionery and Bakery Products, Personal Care and Skin Care), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Modern Food Enterprises Private Limited with revenue of ₹445.88 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2023, listing 8 overdue payments to 7 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 tooyumm.com.
Company details
Contact details
Guiltfree Industries Limited's registered office is in Kolkata, West Bengal. Its website is tooyumm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address31 Netaji Subhas Road 1st Floor Duncan House, Kolkata, West Bengal, India – 700001
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Guiltfree Industries 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
Brands
Guiltfree Industries operates two associated brands: Too Yumm and Evita Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides healthy snack options including potato chips, multigrain chips, and noodles for consumers. | tooyumm.com | |
| Extruded snacks are manufactured and branded by Evita Foods. | evitafoods.com |
Business activity
The main business activity of Guiltfree Industries 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 Guiltfree Industries Limited, buy the company report.
Financials of Guiltfree Industries Limited
FY 2025 filings availableGuiltfree Industries Limited reported revenue of ₹416.52 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹170.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹301.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.9% | ||||
| Net Profit Margin | -72.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Guiltfree Industries Limited, buy the company report.
Board of directors of Guiltfree Industries Limited
Guiltfree Industries has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saumyapriya Bose Also directs: Integrated Coal Mining Ltd, Quest Properties India Limited, Kolkata Games and Sports Private Limited and 2 more | Director | 09 Feb 2021 | 5 Years 8 Months | Current |
| Vikas Jain Also directs: RPSG Brands Mena Private Limited, Herbolab India Private Limited | Whole-Time Director | 09 May 2025 | 1 Years 5 Months | Current |
| Sudhir Langer Also directs: Turnpoint Advisors LLP, Apricot Foods Private Limited | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Guiltfree Industries Limited is compared with the 5 companies closest to it by revenue in the FMCG industry (Confectionery and Bakery Products, Personal Care and Skin Care), 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 |
|---|---|---|---|---|---|---|
| Modern Food Enterprises Private Limited | ₹445.88 Cr (FY 2023) | 14.0% | Gurugram, Haryana, India | |||
| Bhagwati Foods Pvt Ltd | ₹423.3 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Guiltfree Industries Limitedthis company | ₹416.52 Cr (FY 2025) | -₹301.01 Cr | -72.3% | -13.0% | 388 | Kolkata, West Bengal, India |
| Annapurna Swadisht Limited | ₹408.71 Cr (FY 2025) | 54.0% | Kolkata, West Bengal, India | |||
| Manna Foods Private Limited | ₹393.83 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Delta Nutritives Private Limited | ₹392.66 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Guiltfree Industries Limited, buy the company report.
Auditor
Guiltfree Industries Limited is audited by Batliboi, Purohit & Darbari for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Batliboi, Purohit & Darbari | FY 2023 | 303086E |
Shareholding
The shareholding of Guiltfree Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Guiltfree Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2025 | 101067044 | Others | ₹50 Cr | Open | |
| 27 Sep 2024 | 100981722 | Others | ₹100 Cr | Open | |
| 04 Sep 2024 | 100971112 | Yes Bank Limited | ₹50 Cr | Open | |
| 02 Apr 2024 | 100909674 | Others | ₹100 Cr | Open | |
| 26 Mar 2024 | 100891162 | Others | ₹100 Cr | Open |
To see the full charge records of Guiltfree Industries Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Guiltfree Industries Limited has 8 deals on record (5 rights issues, 3 acquisitions); the latest was in March 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹200 Cr | Investors: CESC Ventures |
| May 2021 | Rights issue | ₹156 Cr | Investors: CESC Ventures |
| Sep 2020 | Rights issue | ₹127 Cr | Investors: CESC Ventures |
| Jun 2019 | Rights issue | ₹120.98 Cr | Investors: CESC Ventures |
| Mar 2019 | Rights issue | ₹50.02 Cr | Investors: CESC Ventures |
To see the full deal history of Guiltfree Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Guiltfree Industries Limited has 9 court cases on record: 8 filed by Guiltfree Industries, 1 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 4 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Anantjeet Nutriments LLP & Ors. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Fryo Foods Pvt Ltd and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against SNNR Private Limited and 1 other | Pending |
| High Court, West Bengal | Civil suit | Filed by the company against Body Cupid Pvt Ltd | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against Omsons Industries Pvt Ltd | Disposed |
To see the full case history of Guiltfree Industries 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
Guiltfree Industries Limited was last rated by Care on 30 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Dec 2021 |
To see the full credit ratings and regulatory alerts of Guiltfree Industries Limited, buy the company report.
MSME payment delays
Guiltfree Industries Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 8 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Siddhi Vinayak Agri Processing Private Limited | |||
| MC Sparr Test Systems and Chemicals Private Limited | |||
| an individual supplier | |||
| Aglow Multigrains LLP | |||
| Mukund Corrupack Private Limited |
To see the full MSME payment records of Guiltfree Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Guiltfree Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Apricot Foods Private Limited | U15499GJ2003PTC043068 |
To see the full group structure of Guiltfree Industries Limited, buy the company report.
Employees & EPFO
Guiltfree Industries Limited has a workforce of 388 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Guiltfree Industries has 23 GST registrations: 22 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCG6502L1ZD | West Bengal | Active | 01 Jul 2017 |
| 19AAGCG6502L2ZC | West Bengal | Active | 01 Apr 2018 |
| 06AAGCG6502L1ZK | Haryana | Active | 01 Jul 2017 |
| 07AAGCG6502L1ZI | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Guiltfree Industries Limited, buy the company report.
Recent activity
Guiltfree Industries Limited has 21 board changes on record since 2017: 12 appointments and 9 cessations. The latest: Vikas Jain was appointed as Whole-Time Director on 09 May 2025.
29 earlier events are in the company report.
News
Frequently asked questions
Guiltfree Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 06 January 2017 (9+ years old) and is registered under CIN U15549WB2017PLC218864.
Guiltfree Industries has 3 current directors:
- Vikas Jain - Whole-Time Director
- Saumyapriya Bose - Director
- Sudhir Langer - Director
The latest financial statements of Guiltfree Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Guiltfree Industries is 19AAGCG6502L1ZD, registered in West Bengal. The company has 23 GST registrations in all, of which 22 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAGCG6502L2ZC (West Bengal), 06AAGCG6502L1ZK (Haryana), 07AAGCG6502L1ZI (Delhi).
The CIN (Corporate Identification Number) of Guiltfree Industries is U15549WB2017PLC218864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Guiltfree Industries has 9 court cases on record: 8 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Guiltfree Industries was incorporated on 06 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
Guiltfree Industries has 8 deals on record (5 rights issues, 3 acquisitions); the latest was in March 2023.
The peers of Guiltfree Industries by revenue are Modern Food Enterprises Private Limited, Bhagwati Foods Pvt Ltd, Annapurna Swadisht Limited, Manna Foods Private Limited, Delta Nutritives Private Limited, all in the FMCG industry (Confectionery and Bakery Products, Personal Care and Skin Care), with the same principal business activity (food, beverages and tobacco products).
Vikas Jain was appointed as Whole-Time Director on 09 May 2025. Rohit Garg ceased to be CFO on 08 May 2025. Akhilanand Joshi ceased to be Director on 09 Aug 2024. Guiltfree Industries has 21 board changes on record in total.
Guiltfree Industries has 4 MSME Form 1 returns on record between 2019 and 2023, listing 8 overdue payments to 7 micro and small suppliers. The latest return was filed on 05 Oct 2023.
Guiltfree Industries can be reached through the website tooyumm.com. Its registered office is in Kolkata, West Bengal, India.