- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0040594

Hangyo Gourmet Private Limited
About Hangyo Gourmet Private Limited
Data last updated:
Hangyo Gourmet Private Limited is a private limited company based in Mangalore, Karnataka, India, a subsidiary of Hangyo Icecreams Private Limited. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 10 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15400KA2008PTC048564. Its GSTIN is 29AACCH2317Q1Z8 (Karnataka).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.41 Cr. It was formerly known as Hanvik Gourmet Private Limited. It is led by directors Jagadish Ramadas Pai and Pradeep Ganapati Pai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 301 Sterling Chambers Kalakunj Road Kodiabail, Mangalore, Karnataka, India – 575003.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.97 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net loss of ₹14.3 Lakh (net margin -3.6%) and EBITDA of -₹49,187 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 12% over five years.
The company has 2 deals on record (2 acquisitions); the latest was in September 2013. Its 5 peer companies in the Food and Beverages industry (Confectionery and Bakery Products, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 2 smaller; the largest is Savitri Foods Private Limited with revenue of ₹4.03 Cr.
Hangyo Gourmet Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0040594). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Hangyo Gourmet
Contact details
Hangyo Gourmet Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 301 Sterling Chambers Kalakunj Road Kodiabail, Mangalore, Karnataka, India – 575003
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Hangyo Gourmet 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 Hangyo Gourmet 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 Hangyo Gourmet Private Limited, buy the company report.
Financials of Hangyo Gourmet Private Limited
FY 2024 filings availableHangyo Gourmet Private Limited reported revenue of ₹3.97 Cr (up 110% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 110% growth in the latest year. EBITDA rose 85% 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 | ₹3.97 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹49,187 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.3 Lakh | ||||
| Balance Sheet | |||||
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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 | -0.1% | ||||
| Net Profit Margin | -3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Hangyo Gourmet Private Limited, buy the company report.
Board of directors of Hangyo Gourmet Private Limited
Hangyo Gourmet has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadish Ramadas Pai Also directs: Hangyo Icecreams Private Limited, Harsham Logistics Private Limited, Harsham Holdings and Investment Private Limited and 1 more | Director | 04 Jan 2010 | 16 Years 10 Months | Current |
| Pradeep Ganapati Pai Also directs: Hangyo Icecreams Private Limited, Harsham Holdings and Investment Private Limited, Benchem(India)Private Limited and 3 more | Director | 10 Dec 2008 | 17 Years 10 Months | Current |
Peer comparison
Hangyo Gourmet Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products, 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 |
|---|---|---|---|---|---|---|
| Savitri Foods Private Limited | ₹4.03 Cr (FY 2025) | 10.0% | Raipur, Chhattisgarh, India | |||
| Shail Foods and Packaging Private Limited | ₹3.99 Cr (FY 2024) | -4.0% | Goa, India | |||
| Madhur Milan Food Products Private Limited | ₹3.98 Cr (FY 2024) | 26.0% | Aurangabad, Maharashtra, India | |||
| Hangyo Gourmet Private Limitedthis company | ₹3.97 Cr (FY 2022) | -₹14.3 Lakh | -3.6% | 110.0% | Mangalore, Karnataka, India | |
| Hill King Dairy Private Limited | ₹3.94 Cr (FY 2016) | 350.0% | Siliguri, West Bengal, India | |||
| Vadit Frymes & Bakers Private Limited | ₹3.91 Cr (FY 2024) | Raipur, Chhattisgarh, India |
To see the full peer comparison of Hangyo Gourmet Private Limited, buy the company report.
Auditor
Hangyo Gourmet Private Limited is audited by RAVINDRA SHENOY & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRA SHENOY & CO | FY 2022 | 211532 |
Shareholding
The shareholding of Hangyo Gourmet Private 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 Hangyo Gourmet Private Limited, buy the company report.
Deals & funding
Hangyo Gourmet Private Limited has 2 deals on record (2 acquisitions); the latest was in September 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Acquisition | Undisclosed | Buyer: Hangyo Icecreams Private Limited Seller: Harsham Hospitalities Private Limited |
| Sep 2010 | Acquisition | Undisclosed | Buyer: Harsham Hospitalities Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Hangyo Gourmet 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 Hangyo Gourmet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hangyo Gourmet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH2317Q1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hangyo Gourmet Private Limited, buy the company report.
Recent activity
Hangyo Gourmet Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Jagadish Ramadas Pai ceased to be Additional Director on 28 Sep 2010.
Frequently asked questions
Hangyo Gourmet is an active private limited company based in Mangalore, Karnataka, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 10 December 2008 (18+ years old) and is registered under CIN U15400KA2008PTC048564.
Hangyo Gourmet has 2 current directors:
- Jagadish Ramadas Pai - Director
- Pradeep Ganapati Pai - Director
The latest financial statements of Hangyo Gourmet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hangyo Gourmet is 29AACCH2317Q1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Hangyo Gourmet is U15400KA2008PTC048564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hangyo Gourmet was incorporated on 10 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Hangyo Gourmet has 2 deals on record (2 acquisitions); the latest was in September 2013.
The peers of Hangyo Gourmet by revenue are Savitri Foods Private Limited, Shail Foods and Packaging Private Limited, Madhur Milan Food Products Private Limited, Hill King Dairy Private Limited, Vadit Frymes & Bakers Private Limited, all in the Food and Beverages industry (Confectionery and Bakery Products, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Jagadish Ramadas Pai ceased to be Additional Director on 28 Sep 2010. Jagadish Ramadas Pai was appointed as Director on 04 Jan 2010. Narayan Kiran Bolanthakodi ceased to be Director on 02 Jan 2010. Hangyo Gourmet has 4 board changes on record in total.
Yes, Hangyo Gourmet is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0040594).
The registered office of Hangyo Gourmet is at No 301 Sterling Chambers Kalakunj Road Kodiabail, Mangalore, Karnataka, India – 575003.

