Mandeshi Foods Private Limited

Mandeshi Foods Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U15490MH2017PTC289824 Incorporated 23 January 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company food and beverages MSME · Medium
Data last updated
Revenue · FY 2023
₹93.13 Cr
▲ 197% YoY
Net profit · FY 2023
₹75.35 Lakh
Net margin 0.8%
EBITDA · FY 2023
₹1.13 Cr
EBITDA margin 1.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹1.18 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About Mandeshi Foods Private Limited

Data last updated:

Mandeshi Foods Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 23 January 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15490MH2017PTC289824. Its GSTIN is 27AAKCM7808D1ZC (Maharashtra).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Ashwin Suresh Sawant and Pravin Gangeshwar Ingavale.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 110 1st Floor Traffic Lite Business Park, Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹93.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹75.35 Lakh (net margin 0.8%) and EBITDA of ₹1.13 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 34% over five years.

As per MCA filings, the company has open charges of ₹1.18 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 6 cases are pending.

Mandeshi Foods Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0054780). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U15490MH2017PTC289824
Registration Number 289824
Incorporation Date 23 January 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0054780
Key People
Ashwin Suresh Sawant Additional Director Pravin Gangeshwar Ingavale Additional Director Vishwanath Vishnu Thakur Additional Director

Recognitions & Rankings of Mandeshi Foods

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0054780

Contact details

Mandeshi Foods Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Office No. 110 1st Floor Traffic Lite Business Park, M.G. Road Ghatkopar West, Mumbai, Maharashtra, India – 400086
  • Industry
    Food and Beverages, Spice Manufacturing & Distribution, Edible Oils & Cooking Fats, Instant & Ready-to-Eat Foods

To see the full contact details of Mandeshi Foods Private Limited, buy the company report.

Comprehensive company report
Mandeshi Foods 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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Financials of Mandeshi Foods Private Limited

FY 2025 filings available

Mandeshi Foods Private Limited reported revenue of ₹93.13 Cr (up 197% YoY) for FY 2023.

Revenue · FY 2023
₹93.13 Cr ▲ 197%
Net profit · FY 2023
₹75.35 Lakh margin 0.8%
EBITDA · FY 2023
₹1.13 Cr margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 197%
3 years · compounded
▼ 21%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 398%
3 years · compounded
▲ 6%
5 years · compounded
▲ 98%

Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 197% growth in the latest year. EBITDA rose 398% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹93.13 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.13 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹75.35 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.2%
Net Profit Margin0.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Mandeshi Foods Private Limited, buy the company report.

Board of directors of Mandeshi Foods Private Limited

Mandeshi Foods has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashwin Suresh SawantAdditional Director10 Mar 20251 Years 8 MonthsCurrent
Pravin Gangeshwar IngavaleAdditional Director31 Dec 20250 Years 10 MonthsCurrent
Vishwanath Vishnu ThakurAdditional Director31 Dec 20250 Years 10 MonthsCurrent
View all directors

Auditor

Mandeshi Foods Private Limited is audited by HARISH SHIRKE & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
HARISH SHIRKE & ASSOCIATESFY 2023157960W

Shareholding

The shareholding of Mandeshi Foods Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Mandeshi Foods Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.18 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹1.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Sep 2018100227625State Bank of India₹1.18 CrOpen

To see the full charge records of Mandeshi Foods Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mandeshi Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mandeshi Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAKCM7808D1ZCMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Mandeshi Foods Private Limited, buy the company report.

Recent activity

Mandeshi Foods Private Limited has 15 board changes on record since 2020: 5 appointments and 10 cessations. The latest: Pravin Gangeshwar Ingavale was appointed as Additional Director on 31 Dec 2025.

Appointed
Pravin Gangeshwar Ingavale was appointed as Additional Director.
Appointed
Vishwanath Vishnu Thakur was appointed as Additional Director.
AGM
Mandeshi Foods Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mandeshi Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Ashwin Suresh Sawant was appointed as Additional Director.
Ceased
Amolkumar Narayan Barvekar ceased to be Additional Director.
Appointed
Jayakumar Sanjiva Pujari was appointed as Additional Director.
Ceased
Ashwin Suresh Sawant ceased to be Director.
Ceased
Praveenkumar Rajendranath Tiwari ceased to be Director.
Ceased
Saurabh Suresh Bhandary ceased to be Additional Director.
Ceased
Suresh Sanjeeva Bhandary ceased to be Additional Director.
Appointed
Suresh Sanjeeva Bhandary was appointed as Director.

8 earlier events are in the company report.

Frequently asked questions

Mandeshi Foods is an active private limited company based in Mumbai, Maharashtra, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 23 January 2017 (9+ years old) and is registered under CIN U15490MH2017PTC289824.

Mandeshi Foods has 3 current directors:

The latest financial statements of Mandeshi Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Mandeshi Foods is 27AAKCM7808D1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Mandeshi Foods is U15490MH2017PTC289824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mandeshi Foods has 7 court cases on record: 4 filed by the company and 3 filed against it. 6 are pending.

Mandeshi Foods was incorporated on 23 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Pravin Gangeshwar Ingavale was appointed as Additional Director on 31 Dec 2025. Vishwanath Vishnu Thakur was appointed as Additional Director on 31 Dec 2025. Ashwin Suresh Sawant was appointed as Additional Director on 10 Mar 2025. Mandeshi Foods has 15 board changes on record in total.

Yes, Mandeshi Foods is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0054780).

The registered office of Mandeshi Foods is at Office No. 110 1st Floor Traffic Lite Business Park, M.G. Road Ghatkopar West, Mumbai, Maharashtra, India – 400086.