MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0029452
Nafees Bakers (India) Private Limited - food and beverages in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.68 Cr
▼ 5% YoY
Net profit · FY 2024
₹18.16 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹32.25 Lakh
EBITDA margin 4.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹12 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
10
Provident fund records
About Nafees Bakers (India) Private Limited
Data last updated:
Nafees Bakers (India) Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 17 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15400MP2016PTC041849. Its GSTIN is 23AAFCN4130J1ZQ (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Naved Ahmed (Whole-Time Director) and Nadeem Ahmed.
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 Old No – 8 New – 24 First Floor Chainsingh Ka Baghicha New Palasia, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.68 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹18.16 Lakh (net margin 2.7%) and EBITDA of ₹32.25 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nafees Bakers. As per MCA filings, the company has open charges of ₹12 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Nafees Bakers (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0029452). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nafees.com.
Company details
CIN U15400MP2016PTC041849
Registration Number 041849
Incorporation Date 17 November 2016
ROC Gwalior
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 Small
Udyam Registration UDYAM-MP-23-0029452
Recognitions & Rankings of Nafees Bakers (India)
Contact details
Nafees Bakers (India) Private Limited's registered office is in Indore, Madhya Pradesh. Its website is nafees.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOld No – 8 New – 24 First Floor Chainsingh Ka Baghicha New Palasia, Indore, Madhya Pradesh, India – 452001
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Nafees Bakers (India) Private Limited, buy the company report.
Comprehensive company report
Nafees Bakers (India) 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
Nafees Bakers (India) operates one associated brand: Nafees Bakers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bakery product manufacturing and distribution in India, focusing on fresh and hygienic offerings. | nafees.com |
Business activity
The main business activity of Nafees Bakers (India) 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 Nafees Bakers (India) Private Limited, buy the company report.
Financials of Nafees Bakers (India) Private Limited
FY 2025 filings availableNafees Bakers (India) Private Limited reported revenue of ₹6.68 Cr (down 5% YoY) for FY 2024.
Revenue · FY 2024
₹6.68 Cr ▼ 5%
Net profit · FY 2024
₹18.16 Lakh margin 2.7%
EBITDA · FY 2024
₹32.25 Lakh margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 22%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▼ 26%
5 years · compounded
▼ 29%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 5% fall 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.16 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Nafees Bakers (India) Private Limited, buy the company report.
Board of directors of Nafees Bakers (India) Private Limited
Nafees Bakers (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nadeem Ahmed | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
| Naved Ahmed Also directs: Suffa Bakers (India) Private Limited, Flour Art LLP | Whole-Time Director | 17 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Nafees Bakers (India) Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Shawaria Manufacturing Private Limited | ₹6.72 Cr (FY 2025) | 26.0% | Upper Bazar, Ranchi, Jharkhand, India | |||
| Rama Krishna Bakers Private Limited | ₹6.71 Cr (FY 2025) | 11.0% | Uttar Pradesh, India | |||
| Ekta Freshfoods Private Limited | ₹6.71 Cr (FY 2025) | 25.0% | Khambhat, Gujarat, India | |||
| Rajeev Kumar Poly Industries Private Limited | ₹6.71 Cr (FY 2025) | 30.0% | Muzaffarpur, Bihar, India | |||
| Mulberry United Private Limited | ₹6.69 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India | |||
| Nafees Bakers (India) Private Limitedthis company | ₹6.68 Cr (FY 2024) | ₹18.16 Lakh | 2.7% | -5.0% | 10 | Indore, Madhya Pradesh, India |
| Jiten Foods and Flavours Private Limited | ₹6.68 Cr (FY 2025) | -16.0% | Sikar, Rajasthan, India | |||
| Zubi International Foods Private Limited | ₹6.66 Cr (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Arppana Foods India Private Limited | ₹6.62 Cr (FY 2025) | 11.0% | Alappuzha, Kerala, India | |||
| Pomsy Food Products Private Limited | ₹6.61 Cr (FY 2015) | -30.0% | Kollam, Kerala, India | |||
| Melcan Food Ventures Private Limited | ₹6.61 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Nafees Bakers (India) Private Limited, buy the company report.
Auditor
Nafees Bakers (India) Private Limited is audited by ABHISHEK KALA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK KALA & COMPANY | FY 2023 | 012621C |
Shareholding
The shareholding of Nafees Bakers (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nafees Bakers (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2021 | 100486979 | Hdfc Bank Limited | ₹12 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Nafees Bakers (India) Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed against the company by M/S Nafees Bakery Pvt.Ltd. and 1 other | Pending |
| District court, Indore, Madhya Pradesh | Court case (MACC) | Filed against the company by an individual | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MACC) | Filed against the company by an individual | Disposed |
To see the full case history of Nafees Bakers (India) 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 Nafees Bakers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nafees Bakers (India) Private Limited has a workforce of 10 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
100%
GST
Nafees Bakers (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCN4130J1ZQ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nafees Bakers (India) Private Limited, buy the company report.
Recent activity
Nafees Bakers (India) Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Abdul Nasir ceased to be Whole-Time Director on 07 Jan 2019.
AGM
Nafees Bakers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nafees Bakers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100486979 was registered on 17 Sep 2021.
Ceased
Abdul Nasir ceased to be Whole-Time Director.
Appointed
Abdul Nasir was appointed as Whole-Time Director.
Appointed
Nadeem Ahmed was appointed as Director.
Appointed
Naved Ahmed was appointed as Whole-Time Director.
Incorporation
17 Nov 2016
Nafees Bakers (India) Private Limited was registered on 17 Nov 2016 with Roc Gwalior & aged 9 years 11 months as per MCA records.
Frequently asked questions
Nafees Bakers (India) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 17 November 2016 (10+ years old) and is registered under CIN U15400MP2016PTC041849.
Nafees Bakers (India) has 2 current directors:
- Naved Ahmed - Whole-Time Director
- Nadeem Ahmed - Director
The latest financial statements of Nafees Bakers (India) 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 Nafees Bakers (India) is 23AAFCN4130J1ZQ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Nafees Bakers (India) is U15400MP2016PTC041849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nafees Bakers (India) has 3 court cases on record: 3 filed against it. 1 is pending.
Nafees Bakers (India) was incorporated on 17 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Nafees Bakers (India) by revenue are Shawaria Manufacturing Private Limited, Rama Krishna Bakers Private Limited, Ekta Freshfoods Private Limited, Rajeev Kumar Poly Industries Private Limited, Mulberry United Private Limited and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Abdul Nasir ceased to be Whole-Time Director on 07 Jan 2019. Abdul Nasir was appointed as Whole-Time Director on 17 Nov 2016. Nadeem Ahmed was appointed as Director on 17 Nov 2016. Nafees Bakers (India) has 4 board changes on record in total.
Yes, Nafees Bakers (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0029452).
Nafees Bakers (India) can be reached through the website nafees.com. Its registered office is in Indore, Madhya Pradesh, India.
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