MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0002144
Market Cap
₹42.04 Cr
ITALIANE-SM · NSE
Share Price
₹28.45
0.00% today
Revenue
₹99.53 Cr
FY 2025-26 · +17.1% YoY
EBITDA
₹8.21 Cr
Margin 8.2%
Net Profit
₹3.93 Cr
FY 2025-26 · +28.0% YoY
P/E (TTM)
10.7x
P/B 0.9x
Authorised capital
₹16.5 Cr
Registered with MCA
Paid-up capital
₹14.78 Cr
Issued & subscribed
About Italian Edibles Limited
Data last updated:
Italian Edibles Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 16 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L15141MP2009PLC022797. Its GSTIN is 23AACCI2746N1ZG (Madhya Pradesh). It is a listed company as per MCA records. Its shares are listed on NSE: ITALIANE.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹14.78 Cr. It is led by directors including Ajay Makhija (Managing Director) and Akshay Makhija (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 309/1/1/8 Block No.03 Mangal Udhyog Nagar Gram Palda, Indore, Madhya Pradesh, India – 452020.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹99.53 Cr, a growth of 17.1% compared to the previous year. For the same year it recorded a net profit of ₹3.93 Cr (net margin 3.9%) and EBITDA of ₹8.21 Cr (EBITDA margin 8.2%). The net worth stands at ₹47.77 Cr (up 8.8% YoY). Total assets are valued at ₹86.2 Cr (up 32% YoY).
The company has about 208 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Italian Edibles. As per MCA filings, the company has open charges of ₹48.56 Cr and satisfied charges of ₹18.79 Cr on record. The company has 6 deals on record (4 rights issues, 1 ipo, 1 secondary share transfer); the latest was in February 2024. Its 6 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 1 smaller; the largest is Yaashkrishni Food Science Limited with revenue of ₹87.49 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 104 micro and small suppliers.
Italian Edibles Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0002144). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ofcoursegroup.com.
Company details
CIN L15141MP2009PLC022797
Registration Number 022797
Incorporation Date 16 December 2009
ROC Gwalior
Listing Status Listed (NSE: ITALIANE)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0002144
CIN history
Italian Edibles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15141MP2009PLC022797, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15141MP2009PLC022797 | Current |
| U15141MP2009PLC022797 | Previous |
| U15141MP2009PTC022797 | Previous |
Key People
Ajay Makhija Managing Director Akshay Makhija Whole-Time Director Sneha Khandelwal Director Recognitions & Rankings of Italian Edibles
Contact details
Italian Edibles Limited's registered office is in Indore, Madhya Pradesh.
- Social Media
- Registered Address309/1/1/8 Block No.03 Mangal Udhyog Nagar Gram Palda, Indore, Madhya Pradesh, India – 452020
- IndustryFood and Beverages, Bakery & Confectionery Products
Comprehensive company report
Italian Edibles 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Italian Edibles operates one associated brand: Italian Edibles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Various confectionery products are manufactured by Italian Edibles Limited. | ofcoursegroup.com |
Business activity
The main business activity of Italian Edibles 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 Italian Edibles Limited, buy the company report.
Financials of Italian Edibles Limited
FY 2025-26 filings availableItalian Edibles Limited reported revenue of ₹99.53 Cr (up 17.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹99.53 Cr
+17.1% YoY
EBITDA
₹8.21 Cr
+13.9% YoY
Profit After Tax
₹3.93 Cr
+28.0% YoY
Net Worth
₹47.77 Cr
+8.8% YoY
Total Assets
₹86.20 Cr
+32.0% YoY
Total Debt
₹37.62 Cr
+82.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 99.53 | 84.98 | 73.62 | 63.21 | 75.41 | 48.90 |
| Revenue growth | +17.1% | +15.4% | +16.5% | -16.2% | +54.2% | - |
| EBITDA | 8.21 | 7.21 | 7.67 | 7.01 | 4.41 | 3.64 |
| EBITDA margin | +8.3% | +8.5% | +10.4% | +11.1% | +5.9% | +7.4% |
| Profit before tax | 5.07 | 4.84 | 4.12 | 3.43 | 1.37 | 1.11 |
| Net profit | 3.93 | 3.07 | 3.38 | 2.62 | 0.90 | 0.81 |
| Net profit margin | +4.0% | +3.6% | +4.6% | +4.1% | +1.2% | +1.7% |
| EPS (₹) | 2.73 | 2.06 | 2.09 | 15.30 | 4.68 | 5.77 |
| Balance sheet | ||||||
| Total assets | 86.20 | 65.32 | 58.86 | 28.66 | 26.62 | 30.97 |
| Net worth | 47.77 | 43.89 | 40.84 | 11.21 | 8.14 | 5.84 |
| Total debt | 37.62 | 20.57 | 17.20 | 17.31 | 18.15 | 24.93 |
| Cash & bank | 0.69 | 0.40 | 0.67 | 0.22 | 0.31 | 6.05 |
| Net working capital | 53.01 | 48.94 | 43.04 | 20.74 | 19.41 | 23.85 |
| Cash flow | ||||||
| Cash from operations | (1.84) | (3.39) | (16.77) | 2.33 | - | - |
| Cash from investing | (11.89) | 1.79 | (7.04) | 0.27 | - | - |
| Cash from financing | 14.02 | 1.32 | 24.26 | (2.69) | - | - |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 99.53 | 84.98 | 73.62 | 63.21 | 75.41 | 48.90 |
| Revenue growth | +17.1% | +15.4% | +16.5% | -16.2% | +54.2% | - |
| Other income | 0.26 | 0.02 | 0.12 | 0.09 | 0.04 | 0.09 |
| Total expenses | 91.32 | 77.77 | 65.95 | 56.20 | 71.00 | 45.26 |
| Employee cost | 7.64 | 6.11 | 5.59 | 4.08 | 5.32 | 3.09 |
| EBITDA | 8.21 | 7.21 | 7.67 | 7.01 | 4.41 | 3.64 |
| EBITDA margin | +8.3% | +8.5% | +10.4% | +11.1% | +5.9% | +7.4% |
| Depreciation | 0.39 | 0.21 | 1.33 | 1.78 | 1.35 | 0.98 |
| Interest | 3.01 | 2.18 | 2.34 | 1.89 | 1.73 | 1.64 |
| Profit before tax | 5.07 | 4.84 | 4.12 | 3.43 | 1.37 | 1.11 |
| Tax | 1.03 | 1.77 | 1.02 | 0.81 | 0.58 | 0.26 |
| Net profit | 3.93 | 3.07 | 3.38 | 2.62 | 0.90 | 0.81 |
| Net profit margin | +4.0% | +3.6% | +4.6% | +4.1% | +1.2% | +1.7% |
| EPS (₹) | 2.73 | 2.06 | 2.09 | 15.30 | 4.68 | 5.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 14.78 | 14.78 | 14.78 | 1.71 | 1.71 | 1.50 |
| Reserves & surplus | 32.99 | 29.11 | 26.06 | 9.50 | 6.43 | 4.34 |
| Shareholders' funds (net worth) | 47.77 | 43.89 | 40.84 | 11.21 | 8.14 | 5.84 |
| Secured loans | 29.75 | 20.00 | 16.00 | 15.13 | 14.07 | 20.29 |
| Unsecured loans | 7.87 | 0.57 | 1.20 | 2.18 | 4.08 | 4.64 |
| Total debt | 37.62 | 20.57 | 17.20 | 17.31 | 18.15 | 24.93 |
| Total liabilities | 86.20 | 65.32 | 58.86 | 28.66 | 26.62 | 30.97 |
| Assets | ||||||
| Gross block | 14.19 | 14.00 | 16.74 | 8.87 | 8.55 | 8.49 |
| Net block | 7.26 | 7.42 | 10.37 | 3.58 | 5.04 | 5.50 |
| Capital work in progress | 12.62 | 0.95 | 0.00 | 1.07 | 1.06 | 1.22 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Inventories | 61.05 | 51.60 | 41.12 | 24.74 | 20.49 | 17.34 |
| Sundry debtors | 11.69 | 9.72 | 10.70 | 7.23 | 7.77 | 7.59 |
| Cash & bank balances | 0.69 | 0.40 | 0.67 | 0.22 | 0.31 | 6.05 |
| Loans & advances | 1.41 | 1.44 | 2.10 | 1.45 | 3.28 | 1.36 |
| Total current assets | 74.84 | 63.16 | 54.59 | 33.64 | 31.85 | 32.34 |
| Total current liabilities | 21.83 | 14.22 | 11.55 | 12.90 | 12.44 | 8.49 |
| Net working capital | 53.01 | 48.94 | 43.04 | 20.74 | 19.41 | 23.85 |
| Total assets | 86.20 | 65.32 | 58.86 | 28.66 | 26.62 | 30.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.40 | 0.67 | 0.22 | 0.31 | - | - |
| Net cash from operating activities | (1.84) | (3.39) | (16.77) | 2.33 | - | - |
| Net cash from investing activities | (11.89) | 1.79 | (7.04) | 0.27 | - | - |
| Net cash from financing activities | 14.02 | 1.32 | 24.26 | (2.69) | - | - |
| Net change in cash | 0.29 | (0.28) | 0.45 | (0.08) | - | - |
| Closing cash | 0.69 | 0.40 | 0.67 | 0.22 | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +17.1% | +15.4% | +16.5% | -16.2% | +54.2% | - |
| EBITDA growth | +13.9% | -6.0% | +9.4% | +59.0% | +21.2% | - |
| PBT growth | +4.8% | +17.5% | +20.1% | +150.4% | +23.4% | +9997.0% |
| Net income growth | +28.0% | -9.2% | +29.0% | +191.1% | +11.1% | - |
| Revenue CAGR (3Y) | +16.3% | +4.1% | +14.6% | - | - | - |
| EBITDA CAGR (3Y) | +5.4% | +17.8% | +28.2% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +4.1% | +3.6% | +4.2% | +4.1% | +1.1% | +1.7% |
| Return on capital employed | - | +11.3% | +14.5% | +19.3% | +11.5% | +8.9% |
| Return on net worth | - | +7.2% | +11.9% | +27.1% | +13.0% | +14.9% |
| Debt / equity | - | 0.45 | 0.66 | 1.83 | 3.08 | 4.27 |
| Long-term debt / equity | - | 0.05 | 0.12 | 0.45 | 1.03 | 1.46 |
| Interest cover | 38.49 | 31.14 | 36.91 | 36.14 | 56.54 | 61.65 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 5.52 | 5.74 | 7.26 | 8.85 | 5.76 |
| Inventory turnover | - | 1.83 | 2.24 | 2.80 | 3.99 | 2.82 |
| Debtors turnover | - | 8.32 | 8.21 | 8.43 | 9.82 | 6.44 |
| EPS (₹) | 2.73 | 2.06 | 2.09 | 15.30 | 4.68 | 5.77 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 32.32 | 29.70 | 27.64 | 65.41 | 47.48 | 38.92 |
To see the full year-wise statements and ratios of Italian Edibles Limited, buy the company report.
Board of directors of Italian Edibles Limited
Italian Edibles has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Makhija Also directs: Nutrabella Foods LLP | Whole-Time Director | 16 Dec 2009 | 16 Years 10 Months | Current |
| Ajay Makhija | Managing Director | 16 Dec 2009 | 16 Years 10 Months | Current |
| Sneha Khandelwal | Director | 01 Jan 2024 | 2 Years 10 Months | Current |
| Anjali Jain Also directs: Savy Infra and Logistics Limited, Sugna Metals Limited | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Devyani Chhajed Also directs: Sugna Metals Limited, KCL Infra Projects Limited, KCD Industries India Limited and 3 more | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Italian Edibles Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery 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 |
|---|---|---|---|---|---|---|
| Italian Edibles Limitedthis company | ₹99.53 Cr (FY 2026) | ₹3.93 Cr | 3.9% | 17.1% | Indore, Madhya Pradesh, India | |
| Yaashkrishni Food Science Limited | ₹87.49 Cr (FY 2024) | 21.0% | Navi Mumbai, Maharashtra, India | |||
| Immaculatebites Private Limited | ₹87.28 Cr (FY 2025) | 62.0% | Mumbai, Maharashtra, India | |||
| Sri Mayur Biscuit Company Pvt. Ltd. | ₹87.12 Cr (FY 2024) | -55.0% | Baripada, Odisha, India | |||
| Alisha Snacks Private Limited | ₹86.21 Cr (FY 2025) | 12.0% | Nadiad, Gujarat, India | |||
| S.A. Snacks Private Limited | ₹85.42 Cr (FY 2024) | -2.0% | Surat, Gujarat, India | |||
| B.D. Foods Private Limited | ₹83.54 Cr (FY 2024) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Italian Edibles Limited, buy the company report.
Charges & borrowings
Open charges
₹48.56 Cr
Satisfied charges
₹18.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2026 | 101372895 | Hdfc Bank Limited | ₹3.2 Cr | Open | |
| 09 Jul 2026 | 101351527 | Hdfc Bank Limited | ₹3.2 Cr | Open | |
| 31 Dec 2025 | 101221891 | Others | ₹6.36 Cr | Open | |
| 28 Oct 2025 | 101186428 | Hdfc Bank Limited | ₹7.07 Lakh | Open | |
| 10 Jul 2023 | 100752534 | Hdfc Bank Limited | ₹1 Cr | Open |
To see the full charge records of Italian Edibles Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Italian Edibles Limited has 6 deals on record (4 rights issues, 1 ipo, 1 secondary share transfer); the latest was in February 2024.
Total deals
6
Rights issues
4
IPO
1
Secondary share transfer
1
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | IPO | ₹26.66 Cr | Investors: IPO Share holders - Italian Edibles Limited |
| Mar 2022 | Rights issue | ₹1.5 Cr | Investors: 2 individuals |
| Aug 2016 | Rights issue | ₹70 Lakh | Investors: 2 individuals |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2014 | Rights issue | ₹56 Lakh | Investors: 2 individuals |
To see the full deal history of Italian Edibles 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
No court or tribunal cases involving Italian Edibles 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
Italian Edibles Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 104 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 104)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A.M. Tradelink Private Limited | |||
| Arham Quality Control Laboratory | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Italian Edibles Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Italian Edibles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCI2746N1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Italian Edibles Limited, buy the company report.
Recent activity
Italian Edibles Limited has 8 board changes on record since 2009: 5 appointments and 3 cessations. The latest: Sneha Khandelwal ceased to be Director on 29 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.20 Cr with Charge ID 101372895 was registered on 03 Aug 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.20 Cr with Charge ID 101351527 was registered on 09 Jul 2026.
Filing
Italian Edibles Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited of Rs. 31.00 Cr registered on 17 Mar 2021 with Charge ID 100427920 was modified on 13 Jan 2026.
Charges
A charge with Others amounted to Rs. 6.36 Cr with Charge ID 101221891 was registered on 31 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 101186428 was registered on 28 Oct 2025.
AGM
Italian Edibles Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Sneha Khandelwal ceased to be Director.
Appointed
Sneha Khandelwal was appointed as Director.
Ceased
Shankar Arya ceased to be Director.
Appointed
Anjali Jain was appointed as Director.
Appointed
Devyani Chhajed was appointed as Director.
19 earlier events are in the company report.
Frequently asked questions
Italian Edibles is an active public limited company based in Indore, Madhya Pradesh, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 16 December 2009 (17+ years old) and is registered under CIN L15141MP2009PLC022797. Listed on NSE: ITALIANE.
Italian Edibles reported revenue of ₹99.53 Cr for FY 2025-26 (up 17.1% YoY) based on standalone financials.
Italian Edibles has 5 current directors:
- Ajay Makhija - Managing Director
- Akshay Makhija - Whole-Time Director
- Sneha Khandelwal - Director
- Anjali Jain - Director
- Devyani Chhajed - Director
The latest financial statements of Italian Edibles on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Italian Edibles is 23AACCI2746N1ZG, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Italian Edibles is L15141MP2009PLC022797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Italian Edibles is a listed company as per MCA records. Its shares are listed on NSE (symbol: ITALIANE).
Italian Edibles was incorporated on 16 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Italian Edibles has 6 deals on record (4 rights issues, 1 ipo, 1 secondary share transfer); the latest was in February 2024.
The peers of Italian Edibles by revenue are Yaashkrishni Food Science Limited, Immaculatebites Private Limited, Sri Mayur Biscuit Company Pvt. Ltd, Alisha Snacks Private Limited, S.A. Snacks Private Limited and 1 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Sneha Khandelwal ceased to be Director on 29 Sep 2024. Sneha Khandelwal was appointed as Director on 01 Jan 2024. Shankar Arya ceased to be Director on 18 Dec 2023. Italian Edibles has 8 board changes on record in total.
Yes, Italian Edibles is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0002144).
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