MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-25-0000607
MNS Foods Limited
MNS Foods Limited - food and beverages in Koratagere, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.42 Cr
▲ 97% YoY
Net profit · FY 2025
₹1.51 Cr
Net margin 3.5%
EBITDA · FY 2025
₹3.71 Cr
EBITDA margin 8.5%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.65 Cr
Issued & subscribed
Open charges
₹2.39 Cr
Satisfied ₹5.78 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
22
Provident fund records
About MNS Foods Limited
Data last updated:
MNS Foods Limited is a public limited company based in Koratagere, Karnataka, India, a subsidiary of Fcl Tradevest Private Limited. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 05 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15400KA2015PLC101423. Its GSTIN is 29AAJCM7691R1Z7 (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.65 Cr. It was formerly known as Mns Foods Private Limited. It is led by directors including Madhudevi Biyani and Nishant Sanjay Biyani.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Koratagere, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.42 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 3.5%) and EBITDA of ₹3.71 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 22% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.39 Cr and satisfied charges of ₹5.78 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹11.2 Cr; the latest was in June 2023. Its 8 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 3 smaller; the largest is Deepak Sweets and Icecream Private Limited with revenue of ₹44.18 Cr. The company has 26 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 28 micro and small suppliers.
MNS Foods Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-25-0000607). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15400KA2015PLC101423
Registration Number 101423
Incorporation Date 05 June 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Fcl Tradevest Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-25-0000607
CIN history
MNS Foods has one previous CIN (Corporate Identification Number): U15400KA2015PTC101423. The current CIN is U15400KA2015PLC101423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15400KA2015PLC101423 | Current |
| U15400KA2015PTC101423 | Previous |
Key People
Madhudevi Biyani Director Nishant Sanjay Biyani Director Nitesh Surya Murulidhar Director Recognitions & Rankings of MNS Foods
Contact details
MNS Foods Limited's registered office is in Koratagere, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 666 KIADB Ph. Kempanadoderi & Baths, Kora Hobli Vasantha Narasapura Tumkur, Koratagere, Karnataka, India – 572138
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of MNS Foods Limited, buy the company report.
Comprehensive company report
MNS Foods 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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Business activity
The main business activity of MNS Foods 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 MNS Foods Limited, buy the company report.
Financials of MNS Foods Limited
FY 2025 filings availableMNS Foods Limited reported revenue of ₹43.42 Cr (up 97% YoY) for FY 2025.
Revenue · FY 2025
₹43.42 Cr ▲ 97%
Net profit · FY 2025
₹1.51 Cr margin 3.5%
EBITDA · FY 2025
₹3.71 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 30%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 24%
5 years · compounded
▲ 106%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 97% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 MNS Foods Limited, buy the company report.
Board of directors of MNS Foods Limited
MNS Foods has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhudevi Biyani | Director | 05 Jun 2015 | 11 Years 5 Months | Current |
| Nishant Sanjay Biyani | Director | 05 Jun 2015 | 11 Years 5 Months | Current |
| Nitesh Surya Murulidhar Also directs: Appu Nutritions Private Limited, Sublime Foods Limited, Nilgiri Supermarket Private Limited and 2 more | Director | 29 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
MNS Foods Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Deepak Sweets and Icecream Private Limited | ₹44.18 Cr (FY 2025) | 94.0% | Bareilly, Uttar Pradesh, India | |||
| Bakers Spices & Ingredients Private Limited | ₹44.16 Cr (FY 2025) | 11.0% | Coimbatore, Tamil Nadu, India | |||
| Vipuldudhiya Sweets (Ambica) Limited | ₹44.04 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Laxmi Hot Bakers Private Limited | ₹43.89 Cr (FY 2025) | 7.0% | Bhopal, Madhya Pradesh, India | |||
| Paramount Nutritions India Private Limited | ₹43.6 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| MNS Foods Limitedthis company | ₹43.42 Cr (FY 2025) | ₹1.51 Cr | 3.5% | 97.0% | 22 | Koratagere, Karnataka, India |
| Gandour India Food Processing Private Limited | ₹43.27 Cr (FY 2024) | -13.0% | Hyderabad, Telangana, India | |||
| Dazzy Products Private Limited | ₹43.18 Cr (FY 2025) | 11.0% | Vadodara, Gujarat, India | |||
| Ankit Biscuits Private Limited | ₹42.88 Cr (FY 2025) | 6.0% | Telangana, India |
To see the full peer comparison of MNS Foods Limited, buy the company report.
Auditor
MNS Foods Limited is audited by Borkar & Muzumdar, Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Borkar & Muzumdar, Chartered Accountants | FY 2023 | 101569W |
Shareholding
The shareholding of MNS Foods 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 MNS Foods Limited, buy the company report.
Charges & borrowings
Open charges
₹2.39 Cr
Satisfied charges
₹5.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2017 | 100092963 | State Bank of India | ₹2.39 Cr | Satisfied | |
| 31 Aug 2015 | 10592811 | Siemens Financial Services Private Limited | ₹3.39 Cr | Satisfied |
To see the full charge records of MNS Foods Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
MNS Foods Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹11.2 Cr; the latest was in June 2023.
Total deals
2
Funding round
1
Acquisition
1
Disclosed funding
₹11.2 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round | ₹11.2 Cr | Investors: Future Consumer Limited |
| Aug 2015 | Acquisition | Undisclosed | Buyer: Future Consumer Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MNS Foods Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Strategic Marketing and Research Team | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of MNS Foods 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
MNS Foods Limited has 26 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sri Durga Sales Corporation | |||
| an individual supplier | |||
| Innovant Services Private Limited | |||
| Petunt Food Processors Private Limited | |||
| an individual supplier |
To see the full MSME payment records of MNS Foods Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
MNS Foods Limited has a workforce of 22 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 22 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of MNS Foods Limited, buy the company report.
GST
MNS Foods has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM7691R1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MNS Foods Limited, buy the company report.
Recent activity
MNS Foods Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Nitesh Surya Murulidhar ceased to be Additional Director on 05 Aug 2024.
AGM
Mns Foods Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Mns Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 11 Apr 2017 via Charge ID 100092963 with State Bank Of India was fully satisfied on 13 Mar 2025.
Ceased
Nitesh Surya Murulidhar ceased to be Additional Director.
Ceased
Amit Kumar Agrawal ceased to be Director.
Appointed
Nitesh Surya Murulidhar was appointed as Director.
Charges
A charge registered on 31 Aug 2015 via Charge ID 10592811 with Siemens Financial Services Private Limited was fully satisfied on 27 Oct 2021.
Ceased
Rajiv Sharma ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 2.39 Cr registered on 11 Apr 2017 with Charge ID 100092963 was modified on 09 Jun 2020.
Ceased
Devendra Chawla ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 2.39 Cr with Charge ID 100092963 was registered on 11 Apr 2017.
Charges
A charge with Siemens Financial Services Private Limited amounted to Rs. 3.39 Cr with Charge ID 10592811 was registered on 31 Aug 2015.
3 earlier events are in the company report.
Frequently asked questions
MNS Foods is an active public limited company based in Koratagere, Karnataka, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 05 June 2015 (11+ years old) and is registered under CIN U15400KA2015PLC101423.
MNS Foods has 3 current directors:
- Madhudevi Biyani - Director
- Nishant Sanjay Biyani - Director
- Nitesh Surya Murulidhar - Director
The latest financial statements of MNS Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of MNS Foods is 29AAJCM7691R1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of MNS Foods is U15400KA2015PLC101423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MNS Foods has 3 court cases on record: 3 filed against it.
MNS Foods was incorporated on 05 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
MNS Foods has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹11.2 Cr; the latest was in June 2023.
The peers of MNS Foods by revenue are Deepak Sweets and Icecream Private Limited, Bakers Spices & Ingredients Private Limited, Vipuldudhiya Sweets (Ambica) Limited, Laxmi Hot Bakers Private Limited, Paramount Nutritions India Private Limited and 3 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Nitesh Surya Murulidhar ceased to be Additional Director on 05 Aug 2024. Amit Kumar Agrawal ceased to be Director on 30 Apr 2024. Nitesh Surya Murulidhar was appointed as Director on 29 Apr 2024. MNS Foods has 7 board changes on record in total.
Yes, MNS Foods is registered as a small enterprise under Udyam registration (number: UDYAM-KR-25-0000607).
MNS Foods has 26 MSME Form 1 returns on record between 2019 and 2024, listing 367 overdue payments to 28 micro and small suppliers. The latest return was filed on 17 Apr 2024.
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