MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0003136
Midas Naturals Private Limited - food and beverages in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹88.66 Cr
▲ 9% YoY
Net profit · FY 2025
₹93.32 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹6.83 Cr
EBITDA margin 7.7%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹12 Cr
Issued & subscribed
Open charges
₹37.28 Cr
Satisfied ₹46.85 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
44
Provident fund records
About Midas Naturals Private Limited
Data last updated:
Midas Naturals Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 12 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15400PB2014PTC038909. Its GSTIN is 03AAJCM3756D1ZO (Punjab).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It is led by directors including Ishant Goyal and Bhuwan Goyal.
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 Village Ramgarh Nakodar Road Jagraon, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.66 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹93.32 Lakh (net margin 1.1%) and EBITDA of ₹6.83 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Midas Naturals. As per MCA filings, the company has open charges of ₹37.28 Cr and satisfied charges of ₹46.85 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending. The company has 13 deals on record (13 secondary share transfers); the latest was in January 2023. Its 5 peer companies in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 1 smaller; the largest is Shree Krishnakrupa Cashews Private Limited with revenue of ₹92.22 Cr.
Midas Naturals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0003136). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midasnaturals.in.
Company details
CIN U15400PB2014PTC038909
Registration Number 038909
Incorporation Date 12 September 2014
ROC Chandigarh
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-PB-12-0003136
Recognitions & Rankings of Midas Naturals
Contact details
Midas Naturals Private Limited's registered office is in Ludhiana, Punjab. Its website is midasnaturals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Ramgarh Nakodar Road Jagraon, Ludhiana, Punjab, India – 141001
- IndustryFood and Beverages, Organic & Health Foods
To see the full contact details of Midas Naturals Private Limited, buy the company report.
Comprehensive company report
Midas Naturals 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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Brands
Midas Naturals operates one associated brand: Midas Naturals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of grain-derived syrups and powders for food and industrial sectors in India. | midasnaturals.in |
Business activity
The main business activity of Midas Naturals 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 Midas Naturals Private Limited, buy the company report.
Financials of Midas Naturals Private Limited
FY 2025 filings availableMidas Naturals Private Limited reported revenue of ₹88.66 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹88.66 Cr ▲ 9%
Net profit · FY 2025
₹93.32 Lakh margin 1.1%
EBITDA · FY 2025
₹6.83 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 14%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 22%
5 years · compounded
▼ 16%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 9% growth in the latest year. EBITDA rose 8% 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 | ₹6.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹93.32 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 7.7% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Midas Naturals Private Limited, buy the company report.
Board of directors of Midas Naturals Private Limited
Midas Naturals has 4 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 |
|---|---|---|---|---|
| Ishant Goyal Also directs: Rabi Solar Energy Private Limited, Rabi Solar Alpha Private Limited, Rabi Solar Beta Private Limited and 5 more | Director | 12 Sep 2014 | 12 Years 1 Months | Current |
| Bhuwan Goyal Also directs: A P Refinery Private Limited, Rabi Solar Energy Private Limited, Rabi Solar Alpha Private Limited and 5 more | Director | 24 Nov 2022 | 3 Years 11 Months | Current |
| Siddharth Chowdhary Also directs: Riddhi Siddhi Estate Creator LLP, Riddhi Siddhi Infraspace LLP, Bluecraft Infrastructure LLP and 5 more | Director | 20 Jan 2023 | 3 Years 9 Months | Current |
| Subhash Patil Also directs: Bluecraft Agro Private Limited | Director | 20 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Midas Naturals Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Health and Organic Foods), 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 |
|---|---|---|---|---|---|---|
| Shree Krishnakrupa Cashews Private Limited | ₹92.22 Cr (FY 2024) | 92.0% | Udupi, Karnataka, India | |||
| Mother Nutri Foods Limited | ₹90.47 Cr (FY 2025) | 12.0% | Mahuva, Gujarat, India | |||
| Varalakshmi Starch Industries Private Limited | ₹89.97 Cr (FY 2025) | -17.0% | Tamil Nadu, India | |||
| Imperial Malts Limited | ₹89.73 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Midas Naturals Private Limitedthis company | ₹88.66 Cr (FY 2025) | ₹93.32 Lakh | 1.1% | 9.0% | 44 | Ludhiana, Punjab, India |
| Chandra Cashew Imports and Exports Private Limited | ₹86.54 Cr (FY 2025) | 125.0% | Kollam, Kerala, India |
To see the full peer comparison of Midas Naturals Private Limited, buy the company report.
Auditor
Midas Naturals Private Limited is audited by Ashwani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashwani & Associates | FY 2023 | 000497N |
Shareholding
The shareholding of Midas Naturals 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 Midas Naturals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.28 Cr
Satisfied charges
₹46.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2024 | 100851135 | Sidbi | ₹3.39 Cr | Open | |
| 15 Sep 2023 | 100784073 | Axis Bank Limited | ₹10 Cr | Open | |
| 29 Mar 2023 | 100714021 | Axis Bank Limited | ₹23.89 Cr | Open | |
| 22 Oct 2020 | 100405132 | Hdfc Bank Limited | ₹85 Lakh | Satisfied | |
| 29 Jun 2020 | 100398745 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Midas Naturals Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Midas Naturals Private Limited has 13 deals on record (13 secondary share transfers); the latest was in January 2023.
Total deals
13
Secondary share transfers
13
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Bluecraft Agro Private Limited Seller: Shree Jindal Proteins Limited , 3 individuals |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: Shree Jindal Proteins Limited , an individual Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
To see the full deal history of Midas Naturals Private 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
Midas Naturals Private Limited has 6 court cases on record: 5 filed by Midas Naturals, 1 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Union of India | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Ors | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Gupta Trading Company | Disposed |
To see the full case history of Midas Naturals 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 Midas Naturals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midas Naturals Private Limited has a workforce of 44 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
GST
Midas Naturals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCM3756D1ZO | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midas Naturals Private Limited, buy the company report.
Recent activity
Midas Naturals Private Limited has 16 board changes on record since 2014: 10 appointments and 6 cessations. The latest: Siddharth Chowdhary was appointed as Director on 20 Jan 2023.
AGM
Midas Naturals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Midas Naturals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Sidbi amounted to Rs. 3.39 Cr with Charge ID 100851135 was registered on 18 Jan 2024.
Charges
A charge with Axis Bank Limited of Rs. 23.89 Cr registered on 29 Mar 2023 with Charge ID 100714021 was modified on 06 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100784073 was registered on 15 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.89 Cr with Charge ID 100714021 was registered on 29 Mar 2023.
Appointed
Siddharth Chowdhary was appointed as Director.
Appointed
Subhash Patil was appointed as Director.
Charges
A charge registered on 29 Jun 2020 via Charge ID 100398745 with Others was fully satisfied on 02 Dec 2022.
Charges
A charge registered on 22 Oct 2020 via Charge ID 100405132 with Hdfc Bank Limited was fully satisfied on 28 Nov 2022.
Appointed
Bhuwan Goyal was appointed as Director.
Ceased
Ravi Nandan ceased to be Director.
19 earlier events are in the company report.
Frequently asked questions
Midas Naturals is an active private limited company based in Ludhiana, Punjab, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 12 September 2014 (12+ years old) and is registered under CIN U15400PB2014PTC038909.
Midas Naturals has 4 current directors:
- Ishant Goyal - Director
- Bhuwan Goyal - Director
- Siddharth Chowdhary - Director
- Subhash Patil - Director
The latest financial statements of Midas Naturals 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 2015 are in the company report.
The GSTIN of Midas Naturals is 03AAJCM3756D1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Midas Naturals is U15400PB2014PTC038909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Naturals has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Midas Naturals was incorporated on 12 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
Midas Naturals has 13 deals on record (13 secondary share transfers); the latest was in January 2023.
The peers of Midas Naturals by revenue are Shree Krishnakrupa Cashews Private Limited, Mother Nutri Foods Limited, Varalakshmi Starch Industries Private Limited, Imperial Malts Limited, Chandra Cashew Imports and Exports Private Limited, all in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products).
Siddharth Chowdhary was appointed as Director on 20 Jan 2023. Subhash Patil was appointed as Director on 20 Jan 2023. Bhuwan Goyal was appointed as Director on 24 Nov 2022. Midas Naturals has 16 board changes on record in total.
Yes, Midas Naturals is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0003136).
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