Provit Foods Private Limited
About Provit Foods Private Limited
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Provit Foods Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 29 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15490KA2020PTC135361. Its GSTIN is 29AALCP2061Q1ZQ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Vincent Cutinha (Managing Director) and Sundar Belchada Yaladrabava.
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 Mangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹415.3 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹17.97 Cr (net margin 4.3%) and EBITDA of ₹31.82 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years.
The company has about 653 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹103.66 Cr and satisfied charges of ₹1.76 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 10 cases are pending. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in August 2023. Its 4 peer companies in the Food and Beverages industry (Meat and Fish Processing), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 1 smaller; the largest is Marya Frozen Agro Food Products Private Limited with revenue of ₹464.03 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Provit Foods Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No. 13 – 2/52 2nd Floor, Block – B Somayaji Elite Kulshekar Padavu – II, Mangalore, Karnataka, India – 575005
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Provit Foods Private 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 Provit Foods is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Provit Foods Private Limited, buy the company report.
Financials of Provit Foods Private Limited
FY 2025 filings availableProvit Foods Private Limited reported revenue of ₹415.3 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 194% over three years, including 20% growth in the latest year. EBITDA fell 10% 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 | ₹415.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.97 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 | 7.7% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 Provit Foods Private Limited, buy the company report.
Board of directors of Provit Foods Private Limited
Provit Foods has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundar Belchada Yaladrabava | Director | 02 Jan 2024 | 2 Years 10 Months | Current |
| Sharal Cutinha | Director | 31 Jan 2023 | 3 Years 9 Months | Current |
| Shirly Cutinha | Director | 31 Jan 2023 | 3 Years 9 Months | Current |
| Christine Prescilla Cutinha | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
| Vincent Cutinha Also directs: Kanara Chamber of Commerce & Industry | Managing Director | 29 Jun 2020 | 6 Years 4 Months | Current |
| Shamith Pranav Cutinha | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Provit Foods Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Meat and Fish Processing), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marya Frozen Agro Food Products Private Limited | ₹464.03 Cr (FY 2024) | -20.0% | Bareilly, Uttar Pradesh, India | |||
| Blueline Foods (India) Private Limited | ₹433.04 Cr (FY 2025) | -39.0% | Mangalore, Karnataka, India | |||
| Abad Fisheries Private Limited | ₹416.19 Cr (FY 2025) | 3.0% | Ernakulam, Kerala, India | |||
| Provit Foods Private Limitedthis company | ₹415.3 Cr (FY 2025) | ₹17.97 Cr | 4.3% | 20.0% | 653 | Mangalore, Karnataka, India |
| Abz Agro Foods Limited | ₹402.92 Cr (FY 2025) | 55.0% | New Delhi, Delhi, India |
To see the full peer comparison of Provit Foods Private Limited, buy the company report.
Auditor
Provit Foods Private Limited is audited by Kamath & Rau for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamath & Rau | FY 2025 | 001689S |
Shareholding
The shareholding of Provit Foods Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Provit Foods Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2025 | 101209431 | Hdfc Bank Limited | ₹46.06 Lakh | Open | |
| 27 Sep 2025 | 101168022 | Others | ₹7.9 Lakh | Open | |
| 25 Aug 2025 | 101156832 | Others | ₹9.4 Lakh | Open | |
| 02 Aug 2025 | 101143964 | Others | ₹7.9 Lakh | Open | |
| 15 Jul 2025 | 101133023 | Others | ₹7.9 Lakh | Open |
To see the full charge records of Provit Foods Private Limited, buy the company report.
Total charge records: 47 View all charges
Deals & funding
Provit Foods Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in August 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Rights issue | ₹6.64 Cr | Investors: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2021 | Rights issue | ₹3.31 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Provit Foods Private Limited has 13 court cases on record: 8 filed by Provit Foods, 5 filed against it. 10 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 10 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against Primemetal Innovations LLP | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Provit Foods 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 Provit Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Provit Foods Private Limited has a workforce of 653 employees on its EPFO records as of Jan 11, 2026, across 1 active EPFO establishment.
GST
Provit Foods has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP2061Q1ZQ | Karnataka | Active | 10 Dec 2020 |
| 32AALCP2061Q1Z3 | Kerala | Active | 30 Oct 2021 |
To see the full GST registrations and return filing status of Provit Foods Private Limited, buy the company report.
Recent activity
Provit Foods Private Limited has 6 board changes on record since 2020: 6 appointments. The latest: Sundar Belchada Yaladrabava was appointed as Director on 02 Jan 2024.
57 earlier events are in the company report.
Frequently asked questions
Provit Foods is an active private limited company based in Mangalore, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 29 June 2020 (6+ years old) and is registered under CIN U15490KA2020PTC135361.
Provit Foods has 6 current directors:
- Vincent Cutinha - Managing Director
- Sundar Belchada Yaladrabava - Director
- Sharal Cutinha - Director
- Shirly Cutinha - Director
- Christine Prescilla Cutinha - Director
- Shamith Pranav Cutinha - Director
The latest financial statements of Provit 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 2021 are in the company report.
The GSTIN of Provit Foods is 29AALCP2061Q1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AALCP2061Q1Z3 (Kerala).
The CIN (Corporate Identification Number) of Provit Foods is U15490KA2020PTC135361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provit Foods has 13 court cases on record: 8 filed by the company and 5 filed against it. 10 are pending.
Provit Foods was incorporated on 29 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Provit Foods has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in August 2023.
The peers of Provit Foods by revenue are Marya Frozen Agro Food Products Private Limited, Blueline Foods (India) Private Limited, Abad Fisheries Private Limited, Abz Agro Foods Limited, all in the Food and Beverages industry (Meat and Fish Processing), with the same principal business activity (wholesale trading).
Sundar Belchada Yaladrabava was appointed as Director on 02 Jan 2024. Sharal Cutinha was appointed as Director on 31 Jan 2023. Shirly Cutinha was appointed as Director on 31 Jan 2023. Provit Foods has 6 board changes on record in total.
The registered office of Provit Foods is at D.No. 13 – 252 2nd Floor, Block – B Somayaji Elite Kulshekar Padavu – II, Mangalore, Karnataka, India – 575005.
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