MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0063627
Neo Foods Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹329.9 Cr
▲ 19% YoY
Net profit · FY 2025
₹26.28 Cr
Net margin 8%
EBITDA · FY 2025
₹40.03 Cr
EBITDA margin 12.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.94 Cr
Issued & subscribed
Open charges
₹123.1 Cr
Satisfied ₹18.53 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
290
Provident fund records
About Neo Foods Private Limited
Data last updated:
Neo Foods Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 27 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01122KA2004PTC034756. Its GSTIN is 29AABCN9826H1Z2 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.94 Cr. It is led by directors including Adarsh Jalan (Managing Director) and Shalini Jalan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹329.9 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹26.28 Cr (net margin 8%) and EBITDA of ₹40.03 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.
The company has about 290 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neo Foods. As per MCA filings, the company has open charges of ₹123.1 Cr and satisfied charges of ₹18.53 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 6 cases are pending. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹7.17 Cr; the latest was in March 2021. Its 4 peer companies in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 2 smaller; the largest is Ab Tradelink Private Limited with revenue of ₹346.86 Cr.
Neo Foods Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0063627). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neofoods.co.in.
Company details
CIN U01122KA2004PTC034756
Registration Number 034756
Incorporation Date 27 September 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0063627
Key People
Adarsh Jalan Managing Director Shalini Jalan Whole-Time Director Kalaikuruchi Jairaj Director Recognitions & Rankings of Neo Foods
Contact details
Neo Foods Private Limited's registered office is in Bangalore, Karnataka. Its website is neofoods.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressII Floor Block B Niton, No 11/3 Palace Road, Bangalore, Karnataka, India – 560001
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Neo Foods Private Limited, buy the company report.
Comprehensive company report
Neo Foods 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
Neo Foods operates one associated brand: Neo Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Preserved vegetables and culinary products are processed by the company. | neofoods.co.in |
Business activity
The main business activity of Neo 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 Neo Foods Private Limited, buy the company report.
Financials of Neo Foods Private Limited
FY 2025 filings availableNeo Foods Private Limited reported revenue of ₹329.9 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹329.9 Cr ▲ 19%
Net profit · FY 2025
₹26.28 Cr margin 8%
EBITDA · FY 2025
₹40.03 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 19%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 41%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 19% growth in the latest year. EBITDA rose 20% 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 | ₹40.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.28 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 | |||||
| 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 | 12.1% | ||||
| Net Profit Margin | 8% | ||||
| 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 Neo Foods Private Limited, buy the company report.
Board of directors of Neo Foods Private Limited
Neo Foods has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalaikuruchi Jairaj | Director | 18 Jul 2013 | 13 Years 3 Months | Current |
| Radhakrishnan Also directs: RG Retail Private Limited, Ibec Eventcrm Private Limited, Ibec Consulting Private Limited and 1 more | Director | 18 Jul 2013 | 13 Years 3 Months | Current |
| Shalini Jalan | Whole-Time Director | 30 May 2011 | 15 Years 5 Months | Current |
| Sudhir Jalan Also directs: Indraprastha Medical Corporation Limited, Dhawalgiri Holdings Pvt Ltd, Meenakshi Tea Company Ltd. and 5 more | Director | 18 Jun 2012 | 14 Years 4 Months | Current |
| Jagadish Gangappa Also directs: Meenakshi Cerebrum Properties Limited, Asa Holdings Private Limited, Brar Properties and Holdings Private Limited and 2 more | Director | 16 Dec 2008 | 17 Years 10 Months | Current |
| Adarsh Jalan Also directs: Meenakshi Tea Company Ltd., Meenakshi Cerebrum Properties Limited, Asa Holdings Private Limited and 3 more | Managing Director | 01 Aug 2019 | 7 Years 3 Months | Current |
Peer comparison
Neo Foods Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Instant 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 |
|---|---|---|---|---|---|---|
| Ab Tradelink Private Limited | ₹346.86 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Shri Murlidhar Industries Private Limited | ₹332.71 Cr (FY 2025) | 12.0% | Gondal, Gujarat, India | |||
| Neo Foods Private Limitedthis company | ₹329.9 Cr (FY 2025) | ₹26.28 Cr | 8% | 19.0% | 290 | Bangalore, Karnataka, India |
| J V S Foods Private Limited | ₹327.55 Cr (FY 2025) | -6.0% | Jaipur, Rajasthan, India | |||
| Kitchen Xpress Overseas Limited | ₹300.61 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Neo Foods Private Limited, buy the company report.
Auditor
Neo Foods Private Limited is audited by Walker Chandiok& Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok& Co LLP | FY 2023 | 001076N |
Shareholding
The shareholding of Neo Foods 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 Neo Foods Private Limited, buy the company report.
Charges & borrowings
Open charges
₹123.1 Cr
Satisfied charges
₹18.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2018 | 100219244 | Hdfc Bank Limited | ₹76.6 Cr | Open | |
| 26 Jul 2012 | 10367374 | Hdfc Bank Limited | ₹46.5 Cr | Open | |
| 25 Jul 2005 | 90195889 | Union Bank of India | ₹18.53 Cr | Satisfied |
To see the full charge records of Neo Foods Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Neo Foods Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹7.17 Cr; the latest was in March 2021.
Total deals
11
Secondary share transfers
6
Funding rounds
5
Disclosed funding
₹7.17 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹2.17 Cr | Investors: Asa Holdings Private Limited , Bikanna Commercial Cpmpany Limited, 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Asa Holdings Private Limited Seller: Ses (India) Ltd |
| Mar 2014 | Secondary share transfer | Undisclosed | Seller: Anchor Investments Pvt Ltd |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Bikanna Commercial Cpmpany Limited, Ses (India) Ltd Seller: Anchor Investments Pvt Ltd , Meenakshi Tea Co Limited |
| Nov 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Armstrong Investments Pvt Ltd , Sudhir Jalan HUF, 2 individuals |
To see the full deal history of Neo Foods 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
Neo Foods Private Limited has 16 court cases on record: 14 filed by Neo Foods, 2 filed against it. 6 cases are pending and 10 are disposed.
Total cases
16
Filed by the company
14
Filed against the company
2
Pending
6
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 4 |
| High courts | 6 | 2 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Neo Milk Products Private Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Neo Milk Products Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sumeru Agro Harvest Exports Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Pending |
| District court, TUMAKURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Naved Bilal Batatawala, Prop.M/S.Continental Foods | Pending |
To see the full case history of Neo 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 Neo Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neo Foods Private Limited has a workforce of 290 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
290
Active EPFO establishments
1
Employee growth
9.02%
GST
Neo Foods has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN9826H1Z2 | Karnataka | Active | 01 Jul 2017 |
| 07AABCN9826H1Z8 | Delhi | Active | 01 Jul 2017 |
| 33AABCN9826H1ZD | Tamil Nadu | Active | 29 Aug 2017 |
| 37AABCN9826H1Z5 | Andhra Pradesh | Active | 22 Nov 2017 |
To see the full GST registrations and return filing status of Neo Foods Private Limited, buy the company report.
Recent activity
Neo Foods Private Limited has 14 board changes on record since 2008: 6 appointments and 8 cessations. The latest: Shalini Jalan ceased to be Director on 31 Mar 2024.
AGM
Neo Foods Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 76.60 Cr registered on 23 Oct 2018 with Charge ID 100219244 was modified on 20 Aug 2025.
Filing
Neo Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 46.50 Cr registered on 26 Jul 2012 with Charge ID 10367374 was modified on 21 Mar 2025.
Ceased
Shalini Jalan ceased to be Director.
Appointed
Adarsh Jalan was appointed as Managing Director.
Ceased
Adarsh Jalan ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 76.60 Cr with Charge ID 100219244 was registered on 23 Oct 2018.
Ceased
Kalaikuruchi Jairaj ceased to be Additional Director.
Ceased
Radhakrishnan ceased to be Additional Director.
Appointed
Kalaikuruchi Jairaj was appointed as Director.
Appointed
Radhakrishnan was appointed as Director.
12 earlier events are in the company report.
News
Frequently asked questions
Neo Foods is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 27 September 2004 (22+ years old) and is registered under CIN U01122KA2004PTC034756.
Neo Foods has 6 current directors:
- Adarsh Jalan - Managing Director
- Shalini Jalan - Whole-Time Director
- Kalaikuruchi Jairaj - Director
- Radhakrishnan - Director
- Sudhir Jalan - Director
- Jagadish Gangappa - Director
The latest financial statements of Neo Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neo Foods is 29AABCN9826H1Z2, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AABCN9826H1Z8 (Delhi), 33AABCN9826H1ZD (Tamil Nadu), 37AABCN9826H1Z5 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Neo Foods is U01122KA2004PTC034756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Foods has 16 court cases on record: 14 filed by the company and 2 filed against it. 6 are pending. Most are in the district courts.
Neo Foods was incorporated on 27 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Neo Foods has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹7.17 Cr; the latest was in March 2021.
The peers of Neo Foods by revenue are Ab Tradelink Private Limited, Shri Murlidhar Industries Private Limited, J V S Foods Private Limited, Kitchen Xpress Overseas Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).
Shalini Jalan ceased to be Director on 31 Mar 2024. Adarsh Jalan was appointed as Managing Director on 01 Aug 2019. Adarsh Jalan ceased to be Additional Director on 01 Aug 2019. Neo Foods has 14 board changes on record in total.
Yes, Neo Foods is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0063627).
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