About Kwality Limited
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Kwality Limited is a public limited company based in New Delhi, Delhi, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 21 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PLC255519. Its GSTIN is 07AABCK1289R1ZX (Delhi). The company holds 11 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Kwality Dairy India Limited and Kwality Dairy (India) Limited. It is led by directors including Arjun Saraswat and Adarsh Kumar Abrol.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.113 D – 248 1st Floor Abhishek Business Center Gali No.10 Laxmi Nagar, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.95 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1 Cr (net margin 33.9%) and EBITDA of ₹2.86 Cr (EBITDA margin 96.9%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 55% over five years.
The company is associated with 1 brand: Kwality. As per MCA filings, the company has open charges of ₹1,529.61 Cr and satisfied charges of ₹2,179.25 Cr on record. Court records list 49 cases involving the company, including 19 filed by the company and 30 filed against it; 25 cases are pending. The company has 34 deals on record (32 market trades, 2 convertible or debt financings), with disclosed funding of ₹209 Cr; the latest was in January 2021. Its 3 peer companies in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 2 smaller; the largest is Arendelle Private Limited with revenue of ₹3.02 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 39 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 kwality.com.
Company details
Name history
Kwality has undergone 2 name changes throughout its history. The company was previously known as Kwality Dairy India Limited, and Kwality Dairy (India) Limited. The current legal name is Kwality Limited.
| Company Name | Status |
|---|---|
| Kwality Limited | Current |
| Kwality Dairy India Limited | Previous |
| Kwality Dairy (India) Limited | Previous |
CIN history
Kwality has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899DL1992PLC255519, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1992PLC255519 | Current |
| L74899DL1992PLC255519 | Previous |
| L74899HR1992PLC035007 | Previous |
Contact details
Kwality Limited's registered office is in New Delhi, Delhi. Its website is kwality.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.113 D – 248 1st Floor Abhishek Business Center Gali No.10 Laxmi Nagar, New Delhi, Delhi, India – 110092
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Kwality 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
Kwality operates one associated brand: Kwality. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kwality is recognized as a leading private dairy company in India. | kwality.com |
Business activity
The main business activity of Kwality 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 |
Financials of Kwality Limited
FY 2025 filings availableKwality Limited reported revenue of ₹2.95 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 55%. EBITDA rose 32% 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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| Total Expenses | |||||
| EBITDA | ₹2.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1 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 | 96.9% | ||||
| Net Profit Margin | 33.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Kwality Limited, buy the company report.
Board of directors of Kwality Limited
Kwality has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Saraswat Also directs: Sarda Mines Private Limited, Vishnumaya Universal Private Limited, Jagannath Universal Private Limited and 3 more | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Adarsh Kumar Abrol | Director | 26 Dec 2022 | 3 Years 10 Months | Current |
| Binod Bihari Sahu Also directs: Sarda Mines Private Limited, Vishnumaya Universal Private Limited, Jagannath Universal Private Limited and 1 more | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Sharad Bhandari | Nodal Officer | 06 Mar 2020 | 6 Years 8 Months | Current |
Peer comparison
Kwality Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Arendelle Private Limited | ₹3.02 Cr (FY 2024) | -17.0% | Gurgaon, Haryana, India | |||
| Kwality Limitedthis company | ₹2.95 Cr (FY 2025) | ₹1 Cr | 33.9% | 31.0% | New Delhi, Delhi, India | |
| Siddhsaanvi Foods and Beverages Private Limited | ₹2.93 Cr (FY 2024) | 32.0% | Nagpur, Maharashtra, India | |||
| Treat Industries Limited | ₹2.87 Cr (FY 2025) | 45.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kwality Limited, buy the company report.
Auditor
Kwality Limited is audited by B. Rattan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. Rattan & Associates | FY 2023 | 011798N |
Shareholding
The shareholding of Kwality 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kwality Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2017 | 100155914 | Others | ₹10 Cr | Open | |
| 01 Sep 2016 | 100066167 | Others | ₹33.48 Cr | Open | |
| 24 Jun 2016 | 100042519 | Others | ₹200 Cr | Open | |
| 24 Jun 2016 | 100042659 | Others | ₹100 Cr | Open | |
| 09 Nov 2015 | 100046374 | Others | ₹59.7 Cr | Open |
To see the full charge records of Kwality Limited, buy the company report.
Total charge records: 41 View all charges
Deals & funding
Kwality Limited has 34 deals on record (32 market trades, 2 convertible or debt financings), with disclosed funding of ₹209 Cr; the latest was in January 2021.
Deals on record (5 of 34)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Market trade | ₹38.6 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Sep 2019 | Market trade | ₹34.4 Lakh | Seller: Vistra Itcl (India) Limited |
| Mar 2019 | Market trade | ₹1.17 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Dec 2018 | Market trade | ₹1.18 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
| Dec 2018 | Market trade | ₹1.05 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
To see the full deal history of Kwality 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
Kwality Limited has 49 court cases on record: 19 filed by Kwality, 30 filed against it. 25 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 24 | 17 |
| High courts | 12 | 5 | 8 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Sarda Mines Private Limited and 1 other | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Ms Madhuvan Dairy Products Pvt Ltd | Pending |
| High Court | Writ petition | Filed against the company by Ifci Limited | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by Unilever Industries Pvt Ltd. Unilever House, B. D. Sawant Marg, Chakala, Andheri West, Mumbai | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Ifci Ltd. | Pending |
To see the full case history of Kwality 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
Kwality Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 39 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 |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| BS Foils Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Kwality Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kwality has 11 GST registrations: 4 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCK1289R1ZX | Delhi | Active | 01 Jul 2017 |
| 06AABCK1289R1ZZ | Haryana | Active | 01 Jul 2017 |
| 09AABCK1289R1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AABCK1289R1ZS | West Bengal | Active | 19 Mar 2024 |
To see the full GST registrations and return filing status of Kwality Limited, buy the company report.
Recent activity
Kwality Limited has 23 board changes on record since 2010: 4 appointments and 19 cessations. The latest: Ramesh Chand Gupta ceased to be Director on 16 Jan 2023.
102 earlier events are in the company report.
News
Frequently asked questions
Kwality is an active public limited company based in New Delhi, Delhi, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 21 August 1992 (34+ years old) and is registered under CIN U74899DL1992PLC255519.
Kwality has 4 current directors:
- Arjun Saraswat - Director
- Adarsh Kumar Abrol - Director
- Binod Bihari Sahu - Director
- Sharad Bhandari - Nodal Officer
The latest financial statements of Kwality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kwality is 07AABCK1289R1ZX, registered in Delhi. The company has 11 GST registrations in all, of which 4 are active and 7 are cancelled or inactive. Other active GSTINs include 06AABCK1289R1ZZ (Haryana), 09AABCK1289R1ZT (Uttar Pradesh), 19AABCK1289R1ZS (West Bengal).
The CIN (Corporate Identification Number) of Kwality is U74899DL1992PLC255519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kwality has 49 court cases on record: 19 filed by the company and 30 filed against it. 25 are pending. Most are in the district courts.
Kwality was incorporated on 21 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Kwality has 34 deals on record (32 market trades, 2 convertible or debt financings), with disclosed funding of ₹209 Cr; the latest was in January 2021.
The peers of Kwality by revenue are Arendelle Private Limited, Siddhsaanvi Foods and Beverages Private Limited, Treat Industries Limited, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Ramesh Chand Gupta ceased to be Director on 16 Jan 2023. Sharad Bhandari ceased to be CFO on 16 Jan 2023. Adarsh Kumar Abrol was appointed as Director on 26 Dec 2022. Kwality has 23 board changes on record in total.
Kwality has 5 MSME Form 1 returns on record between 2019 and 2021, listing 39 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Oct 2021.
Kwality can be reached through the website kwality.com. Its registered office is in New Delhi, Delhi, India.
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