Nutrient Marine Foods Limited
About Nutrient Marine Foods Limited
Data last updated:
Nutrient Marine Foods Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the meat and fish processing and distribution segment of the food and beverages sector. It was incorporated on 14 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05000AP2011PLC078024. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It is led by directors including Goluguri Ramakrishna Reddy and Radha Goluguri.
Its last annual general meeting (AGM) was held on 26 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Door No. 39 – 11 – 63/2 Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.25 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹21,411 (net margin -17.1%) and EBITDA of -₹19,240 (EBITDA margin -15.4%). Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 84% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹20.4 Cr on record. Court records list 45 cases involving the company, including 29 filed by the company and 16 filed against it; 14 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Nutrient Marine Foods Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. 39 – 11 – 63/2 Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007
- IndustryFood and Beverages, Meat & Fish Processing & Distribution
To see the full contact details of Nutrient Marine Foods 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
Financials of Nutrient Marine Foods Limited
FY 2021 filings availableNutrient Marine Foods Limited reported revenue of ₹1.25 Lakh (down 14% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over five years, including a 14% fall in the latest year. EBITDA fell 113% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.25 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19,240 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21,411 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.4% | ||||
| Net Profit Margin | -17.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Nutrient Marine Foods Limited, buy the company report.
Board of directors of Nutrient Marine Foods Limited
Nutrient Marine Foods has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goluguri Ramakrishna Reddy Also directs: Nancy Industries Limited, Neopride Pharmaceuticals Limited | Director | 14 Dec 2011 | 14 Years 10 Months | Current |
| Radha Goluguri Also directs: Novelty Reddy and Reddy Motors Private Limited | Director | 16 May 2014 | 12 Years 5 Months | Current |
| Goluguri Sri Rama Reddy | Director | 14 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Nutrient Marine Foods Limited is audited by SATYANARAYANA RAJU & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATYANARAYANA RAJU & CO | FY 2021 | 007527S |
Shareholding
The shareholding of Nutrient Marine Foods Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nutrient Marine Foods Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2015 | 10553239 | Syndicate Bank | ₹60 Cr | Open | |
| 12 Jun 2012 | 10361153 | State Bank of India | ₹20.4 Cr | Satisfied |
To see the full charge records of Nutrient Marine Foods Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nutrient Marine Foods Limited has 45 court cases on record: 29 filed by Nutrient Marine Foods, 16 filed against it. 14 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 3 | 12 |
| Supreme Court | 12 | 12 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0801-Benami Transaction Act : Benami Transaction Act) | Filed against the company by Assistant Commissioner of Income Tax and 1 other | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against The Adjudicating Authority | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Adjudicating Authority and 3 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Adjudicating Authority, and 3 others | Pending |
| Supreme Court | Court case | Filed against the company by Assistant Commissioner of Income Tax (Initiating Officer) Benami Transactions Prohibition Unit Hyderabad | Pending |
To see the full case history of Nutrient Marine 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.
Credit ratings & regulatory alerts
Nutrient Marine Foods Limited was last rated by Care on 23 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Sep 2021 |
To see the full credit ratings and regulatory alerts of Nutrient Marine Foods Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nutrient Marine Foods Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nutrient Marine Foods Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Nutrient Marine Foods has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nutrient Marine Foods Limited, buy the company report.
Recent activity
Nutrient Marine Foods Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Goluguri Venkata Reddy ceased to be Director on 16 May 2014.
Frequently asked questions
Nutrient Marine Foods is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in meat and fish processing and distribution, within the food and beverages industry. It was incorporated on 14 December 2011 (15+ years old) and is registered under CIN U05000AP2011PLC078024.
Nutrient Marine Foods has 3 current directors:
- Goluguri Ramakrishna Reddy - Director
- Radha Goluguri - Director
- Goluguri Sri Rama Reddy - Director
The latest financial statements of Nutrient Marine Foods on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 26 November 2021. Year-wise statements from 2015 are in the company report.
No. Nutrient Marine Foods has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nutrient Marine Foods is U05000AP2011PLC078024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nutrient Marine Foods has 45 court cases on record: 29 filed by the company and 16 filed against it. 14 are pending. Most are in the high courts.
Nutrient Marine Foods was incorporated on 14 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Vijayawada.
Goluguri Venkata Reddy ceased to be Director on 16 May 2014. Radha Goluguri was appointed as Director on 16 May 2014. Goluguri Ramakrishna Reddy was appointed as Director on 14 Dec 2011. Nutrient Marine Foods has 4 board changes on record in total.
The registered office of Nutrient Marine Foods is at Door No. 39 – 11 – 632 Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.
Nutrient Marine Foods operates in the food and beverages industry, in the meat and fish processing and distribution segment.