MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-GA-02-0007994
Happy Pastures (India) Private Limited
Happy Pastures (India) Private Limited - food and beverages in Kundaim, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.23 Cr
▼ 79% YoY
Net profit · FY 2025
₹4.14 Cr
Net margin 11.8%
EBITDA · FY 2025
₹7.14 Cr
EBITDA margin 20.3%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹90 Cr
Satisfied ₹95.45 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
10
Provident fund records
About Happy Pastures (India) Private Limited
Data last updated:
Happy Pastures (India) Private Limited is a private limited company based in Kundaim, Goa, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 01 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U15202GA2007PTC005058. Its GSTIN is 27AAKCS7295Q2Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Siddharth Milk Foods (India) Private Limited. It is led by directors including Sharad Mahadev Jagdale and Prasad Kumar Dugge.
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 Plot No.83 Kundaim Industrial Estate, Goa, India – 403115.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.23 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹4.14 Cr (net margin 11.8%) and EBITDA of ₹7.14 Cr (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 140% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹90 Cr and satisfied charges of ₹95.45 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 2 cases are pending.
Happy Pastures (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0007994). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15202GA2007PTC005058
Registration Number 005058
Incorporation Date 01 February 2007
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GA-02-0007994
Key People
Sharad Mahadev Jagdale Director Prasad Kumar Dugge Director Kiran Pravinchandra Shah Additional Director Recognitions & Rankings of Happy Pastures (India)
Contact details
Happy Pastures (India) Private Limited's registered office is in Kundaim, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.83 Kundaim Industrial Estate, Goa, India – 403115
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Happy Pastures (India) Private Limited, buy the company report.
Comprehensive company report
Happy Pastures (India) 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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Business activity
The main business activity of Happy Pastures (India) 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 Happy Pastures (India) Private Limited, buy the company report.
Financials of Happy Pastures (India) Private Limited
FY 2023 filings availableHappy Pastures (India) Private Limited reported revenue of ₹35.23 Cr (down 79% YoY) for FY 2025.
Revenue · FY 2025
₹35.23 Cr ▼ 79%
Net profit · FY 2025
₹4.14 Cr margin 11.8%
EBITDA · FY 2025
₹7.14 Cr margin 20.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 79%
5 years · compounded
▲ 140%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 152%
5 years · compounded
▲ 119%
Revenue fell 79% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 140%. EBITDA fell 41% 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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| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹7.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.14 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 20.3% | ||||
| Net Profit Margin | 11.8% | ||||
| 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 Happy Pastures (India) Private Limited, buy the company report.
Board of directors of Happy Pastures (India) Private Limited
Happy Pastures (India) has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Mahadev Jagdale | Director | 19 Jan 2021 | 5 Years 9 Months | Current |
| Prasad Kumar Dugge Also directs: Happy Pastures Milk Products Private Limited | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Kiran Pravinchandra Shah Also directs: Happy Pastures Milk Products Private Limited | Additional Director | 10 Aug 2024 | 2 Years 2 Months | Current |
| Shrikant Rangrao Karvekar Also directs: Happy Pastures Milk Products Private Limited | Additional Director | 31 Mar 2025 | 1 Years 7 Months | Current |
| Dinesh Vinayakrao Jadhav | Additional Director | 07 Nov 2025 | 1 Years 0 Months | Current |
Peer comparison
Happy Pastures (India) 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 |
|---|---|---|---|---|---|---|
| Aravind Milkfoods Private Limited | ₹36.29 Cr (FY 2025) | 15.0% | Karur, Tamil Nadu, India | |||
| Vishwas Milk Products Private Limited | ₹36.07 Cr (FY 2025) | -1.0% | Gurdaspur, Punjab, India | |||
| Sinagro Dairy Private Limited | ₹36.02 Cr (FY 2025) | 462.0% | Nadiad, Gujarat, India | |||
| Modern Cream Dairy Industries Private Limited | ₹35.26 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Happy Pastures (India) Private Limitedthis company | ₹35.23 Cr (FY 2025) | ₹4.14 Cr | 11.8% | -79.0% | 10 | Kundaim, Goa, India |
| Madhumita Dairy Products Private Limited | ₹34.76 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Happy Pastures (India) Private Limited, buy the company report.
Auditor
Happy Pastures (India) Private Limited is audited by GMCS AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMCS AND CO | FY 2021 | 141236W |
Shareholding
The shareholding of Happy Pastures (India) Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Happy Pastures (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Cr
Satisfied charges
₹95.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2021 | 100489552 | Others | ₹70 Cr | Open | |
| 01 Sep 2018 | 100283539 | Others | ₹20 Cr | Open | |
| 22 Jun 2007 | 10064276 | Others | ₹95.45 Cr | Satisfied |
To see the full charge records of Happy Pastures (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Happy Pastures (India) Private Limited has 8 court cases on record: 2 filed by Happy Pastures (India), 6 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 2 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Riddhi Siddhi Cotex Private Limited | Disposed |
| District court, North Goa, Goa | Court case (PMLA) | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Court case (SPCC) | Filed against the company by State of Goa | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Abk HR Services Through Ashok Balwant Karnik 303, Second Floor Keviz Plaza Near Usha Talkiesstation Road 1, Kolhapur ,Kolhapur , Maharashtra | Disposed |
| District court, Kolhapur, Maharashtra | Court case (M.C.A.) | Filed by the company against Maharashtra State Electricity Board and 2 others | Disposed |
To see the full case history of Happy Pastures (India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Happy Pastures (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Happy Pastures (India) Private Limited has a workforce of 10 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
GST
Happy Pastures (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS7295Q2Z5 | Maharashtra | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Happy Pastures (India) Private Limited, buy the company report.
Recent activity
Happy Pastures (India) Private Limited has 12 board changes on record since 2021: 5 appointments and 7 cessations. The latest: Dinesh Vinayakrao Jadhav was appointed as Additional Director on 07 Nov 2025.
Appointed
Dinesh Vinayakrao Jadhav was appointed as Additional Director.
Ceased
Ramdas Krishnamurthy Naidu ceased to be Nominee Director.
Appointed
Shrikant Rangrao Karvekar was appointed as Additional Director.
Appointed
Kiran Pravinchandra Shah was appointed as Additional Director.
Ceased
Amitkumar Babaso Shelake ceased to be Director.
Ceased
Sharad Mahadev Jagdale ceased to be Director.
AGM
Happy Pastures (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 22 Jun 2007 via Charge ID 10064276 with Others was fully satisfied on 01 Sep 2023.
Filing
Happy Pastures (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.
Charges
A charge with Others amounted to Rs. 70.00 Cr with Charge ID 100489552 was registered on 13 Aug 2021.
Ceased
Dnyandev Salunkhe ceased to be Director.
Ceased
Ganesh Damodar Pavar ceased to be Additional Director.
8 earlier events are in the company report.
Frequently asked questions
Happy Pastures (India) is an active private limited company based in Kundaim, Goa, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 01 February 2007 (19+ years old) and is registered under CIN U15202GA2007PTC005058.
Happy Pastures (India) has 5 current directors:
- Sharad Mahadev Jagdale - Director
- Prasad Kumar Dugge - Director
- Kiran Pravinchandra Shah - Additional Director
- Shrikant Rangrao Karvekar - Additional Director
- Dinesh Vinayakrao Jadhav - Additional Director
The latest financial statements of Happy Pastures (India) 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 GSTIN of Happy Pastures (India) is 27AAKCS7295Q2Z5, registered in Maharashtra. 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 Happy Pastures (India) is U15202GA2007PTC005058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happy Pastures (India) has 8 court cases on record: 2 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Happy Pastures (India) was incorporated on 01 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Happy Pastures (India) by revenue are Aravind Milkfoods Private Limited, Vishwas Milk Products Private Limited, Sinagro Dairy Private Limited, Modern Cream Dairy Industries Private Limited, Madhumita Dairy Products Private Limited, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Dinesh Vinayakrao Jadhav was appointed as Additional Director on 07 Nov 2025. Ramdas Krishnamurthy Naidu ceased to be Nominee Director on 31 Mar 2025. Shrikant Rangrao Karvekar was appointed as Additional Director on 31 Mar 2025. Happy Pastures (India) has 12 board changes on record in total.
Yes, Happy Pastures (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-02-0007994).
The registered office of Happy Pastures (India) is at Plot No.83 Kundaim Industrial Estate, Goa, India – 403115.
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