About Mits Mega Food Park Limited
Data last updated:
Mits Mega Food Park Limited is a public limited company based in Bhubaneshwar, Odisha, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 16 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U15400OR2011PLC013779. Its GSTIN is 21AAHCM9792K1ZX (Odisha).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.91 Cr. It is led by directors including Sriram Panda (Managing Director) and Ashok Kumar Patnaik.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2(P) Infocity Patia Chandrasekharpur, Bhubaneshwar, Odisha, India – 751024.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.37 Lakh, a growth of 112% compared to the previous year. For the same year it recorded a net loss of ₹6.02 Cr and EBITDA of -₹10.86 Lakh (EBITDA margin -12%). Revenue has grown at a compounded annual rate (CAGR) of 164% over three years.
As per MCA filings, the company has open charges of ₹20.41 Cr on record. Court records list 21 cases involving the company, including 14 filed by the company and 7 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitsmegafoodpark.com.
Company details
Contact details
Mits Mega Food Park Limited's registered office is in Bhubaneshwar, Odisha. Its website is mitsmegafoodpark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2(P) Infocity Patia Chandrasekharpur, Bhubaneshwar, Odisha, India – 751024
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Mits Mega Food Park 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
Business activity
The main business activity of Mits Mega Food Park 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 Mits Mega Food Park Limited, buy the company report.
Financials of Mits Mega Food Park Limited
FY 2024 filings availableMits Mega Food Park Limited reported revenue of ₹90.37 Lakh (up 112% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 164% over three years, including 112% growth in the latest year. EBITDA rose 64% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹90.37 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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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 Mits Mega Food Park Limited, buy the company report.
Board of directors of Mits Mega Food Park Limited
Mits Mega Food Park has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Patnaik | Director | 22 Oct 2020 | 6 Years 0 Months | Current |
| Saroj Kumar Sethi Also directs: Orissa Project Development Company Limited, Haridaspur Paradip Railway Company Limited, Angul Sukinda Railway Limited and 1 more | Nominee Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Biswajeet Panda | Director | 16 Jun 2011 | 15 Years 4 Months | Current |
| Dhaneswar Sahoo Also directs: Mitansh Finsure Private Limited | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Sriram Panda | Managing Director | 16 Jun 2011 | 15 Years 4 Months | Current |
| Balakrishna Panda | Director | 16 Jun 2011 | 15 Years 4 Months | Current |
Auditor
Mits Mega Food Park Limited is audited by CHAND & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAND & CO | FY 2024 | 323167E |
Shareholding
The shareholding of Mits Mega Food Park Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mits Mega Food Park Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2015 | 10605206 | Others | ₹20.41 Cr | Open |
To see the full charge records of Mits Mega Food Park Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mits Mega Food Park Limited has 21 court cases on record: 14 filed by Mits Mega Food Park, 7 filed against it. 6 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 5 | 2 |
| High courts | 7 | 2 | 4 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed against the company by an individual | Pending |
| High Court, ORISSA | Revision petition | Filed by the company against individuals | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed against the company | Pending |
| District court, Rayagada, Orissa | Civil suit | Filed by the company against an individual | Pending |
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha | Pending |
To see the full case history of Mits Mega Food Park 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.
Credit ratings & regulatory alerts
Mits Mega Food Park Limited was last rated by Crisil on 31 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Jul 2020 |
To see the full credit ratings and regulatory alerts of Mits Mega Food Park Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mits Mega Food Park Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mits Mega Food Park has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCM9792K1ZX | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mits Mega Food Park Limited, buy the company report.
Recent activity
Mits Mega Food Park Limited has 15 board changes on record since 2011: 6 appointments and 9 cessations. The latest: Dhaneswar Sahoo was appointed as Director on 30 Sep 2024.
8 earlier events are in the company report.
Frequently asked questions
Mits Mega Food Park is an active public limited company based in Bhubaneshwar, Odisha, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 16 June 2011 (15+ years old) and is registered under CIN U15400OR2011PLC013779.
Mits Mega Food Park has 6 current directors:
- Sriram Panda - Managing Director
- Ashok Kumar Patnaik - Director
- Saroj Kumar Sethi - Nominee Director
- Biswajeet Panda - Director
- Dhaneswar Sahoo - Director
- Balakrishna Panda - Director
The latest financial statements of Mits Mega Food Park on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mits Mega Food Park is 21AAHCM9792K1ZX, registered in Odisha.
The CIN (Corporate Identification Number) of Mits Mega Food Park is U15400OR2011PLC013779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mits Mega Food Park has 21 court cases on record: 14 filed by the company and 7 filed against it. 6 are pending. Most are in the district courts.
Mits Mega Food Park was incorporated on 16 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Cuttack.
Dhaneswar Sahoo was appointed as Director on 30 Sep 2024. Saroj Kumar Sethi was appointed as Nominee Director on 04 Jan 2024. Manoranjan Mallik ceased to be Nominee Director on 01 Jan 2024. Mits Mega Food Park has 15 board changes on record in total.
Mits Mega Food Park can be reached through the website mitsmegafoodpark.com. Its registered office is in Bhubaneshwar, Odisha, India.
The registered office of Mits Mega Food Park is at 2P Infocity Patia Chandrasekharpur, Bhubaneshwar, Odisha, India – 751024.
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