About Orkla India Limited
Data last updated: 06 January 2026
Orkla India Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Orkla Asia Pacifiic Pte Ltd. It specialises in instant and ready-to-eat foods, a part of the broader food and beverages sector. Incorporated on 21 August 1996, the company has been in operation for over 30 years.
Registered with ROC Bangalore under CIN L15136KA1996PLC021007.
Capital: an authorised share capital of ₹111.3 Cr and a paid-up capital of ₹13.7 Cr. Formerly known as Mtr Foods Limited and Orkla India Limited. It is led by directors including Atle Vidar Nagel Johansen and Meena Ganesh.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.1.2Nd & 3Rd Floor 100 Feet Inner Ring Road Ejipura Ashwini Layout Vivek Nagar, Bangalore, Karnataka, India – 560047.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,455.24 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 1,027 employees as per the latest available data. It operates as a subsidiary of Orkla Asia Pacifiic Pte Ltd.
The company is associated with 2 brands - Eastern Condiments, Mtr Foods. As per MCA filings, the company has satisfied charges of ₹64.85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mtrfoods.com.
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Registered AddressNo.1.2Nd & 3Rd Floor 100 Feet Inner Ring Road Ejipura Ashwini Layout Vivek Nagar, Bangalore, Karnataka, India – 560047
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IndustryFood and Beverages, Instant & Ready-to-Eat Foods, Bakery & Confectionery Products, Spice Manufacturing & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Orkla India Limited
Orkla India Limited has undergone 2 name changes throughout its history. The company was previously known as Mtr Foods Limited, and Orkla India Limited. The current legal name is Orkla India Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Orkla India Limited | Current |
| Mtr Foods Limited | Previous |
CIN History of Orkla India Limited
Orkla India Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15136KA1996PLC021007, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15136KA1996PLC021007 | Current |
| U15136KA1996PLC021007 | Previous |
| U15136KA1996PTC021007 | Previous |
Associated Brands with Orkla India Limited
Orkla India Limited operates two associated brands: Eastern Condiments and MTR Foods. These brands represent Orkla India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Spices, condiments, pickles, and beverages are manufactured and distributed. | eastern.in | |
| Authentic Indian food products are offered by MTR Foods. | mtrfoods.com |
Competitors & Alternatives of Orkla India Limited
Brands and companies operating in the same space as Orkla India Limited include Sweet Karam Coffee, Samosa Party, Keventer and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Dry snacks and coffee are manufactured and distributed. | Chennai, India, India | 2015 |
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Retailer of Indian snacks, meals, beverages, and combo offerings | Bengaluru, India, India | 2017 |
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Multi-category food and beverage products are provided by Keventer. | Kolkata, India, India | 1986 |
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Diversified crop protection solutions are provided to farmers. | Mumbai, India, India | 1992 |
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Internet first restaurant offering on demand food delivery for consumers | Gurugram, India, India | 2015 |
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Health-focused dairy and plant-based food products are offered. | Paris, France, France | 1919 |
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Producer of natural and functional ingredients for food, beverage and healthcare products | Reinach, Switzerland, Switzerland | 2004 |
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Brand of spices & seasonings | Indore, India, India | 1974 |
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Internet first brand offering spices and other food products | Delhi, India, India | 2020 |
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Customized food solutions are provided for the HORECA sector. | Mumbai, India, India | 2012 |
Business Activity of Orkla India Limited
Orkla India Limited is engaged in the principal business activity of manufacturing, with detailed activities including food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | ********* |
Auditor Details of Orkla India Limited
Orkla India Limited is audited by S. R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S. R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Orkla India Limited
Orkla India Limited is currently managed by 11 directors, with 40 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Atle Vidar Nagel Johansen
Also directs:
Orkla India Limited
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Director | 17 Mar 2015 | 11 Years 3 Months | Current |
| Meena Ganesh | Director | 10 Mar 2025 | 1 Years 4 Months | Current |
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Sanjay Sharma
Also directs:
Orkla India Limited, Pot Ful India Private Limited
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Ceo | 01 Apr 2025 | 1 Years 3 Months | Current |
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Amit Jain
Also directs:
Orkla India Limited, Sanofi Consumer Healthcare India Limited, Jubilant Foodworks Limited and 1 more
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Director | 10 Mar 2025 | 1 Years 4 Months | Current |
| Rashmi Satish Joshi | Director | 10 Mar 2025 | 1 Years 4 Months | Current |
|
Per Havard Skiaker Maelen
Also directs:
Orkla India Limited
|
Director | 11 May 2023 | 3 Years 1 Months | Current |
Financials of Orkla India Limited FY 2026 filings available
Orkla India Limited reported revenue of ₹2,509.14 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹2,509.14 Cr |
| Other Income | ₹41.43 Cr |
| Total Income | ₹2,550.56 Cr |
| Cost of Materials Consumed | ₹1,109.1 Cr |
| Purchases of Stock-in-Trade | ₹283.99 Cr |
| Changes in Inventories | -₹2.96 Cr |
| Employee Benefit Expense | ₹250.95 Cr |
| Finance Costs | ₹6.71 Cr |
| Depreciation & Amortisation | ₹54.14 Cr |
| Other Expenses | ₹449.14 Cr |
| Total Expenses | ₹2,151.07 Cr |
| Profit Before Exceptional Items & Tax | ₹399.5 Cr |
| Exceptional Items | -₹16.66 Cr |
| Profit Before Tax | ₹382.84 Cr |
| Total Tax Expense | ₹96.74 Cr |
| Net Profit | ₹285.66 Cr |
| Other Comprehensive Income | ₹13.2 Lakh |
| Total Comprehensive Income | ₹285.79 Cr |
| EBITDA (computed) | ₹460.34 Cr |
| Basic EPS | ₹20.85 |
| Diluted EPS | ₹20.85 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹3,401.96 Cr |
| Non-current Assets | ₹2,141.78 Cr |
| Current Assets | ₹1,231.12 Cr |
| Property, Plant & Equipment | ₹377.17 Cr |
| Inventories | ₹295.34 Cr |
| Trade Receivables | ₹182.6 Cr |
| Cash & Equivalents | ₹22.89 Cr |
| Equity (Net Worth) | ₹2,750.03 Cr |
| Equity Share Capital | ₹13.7 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹0 |
| Total Debt (computed) | ₹0 |
| Current Liabilities | ₹472.12 Cr |
| Total Liabilities | ₹651.93 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹261.18 Cr |
| Investing Cash Flow | -₹307.71 Cr |
| Financing Cash Flow | -₹12.77 Cr |
| Capital Expenditure | ₹22.13 Cr |
| Free Cash Flow (computed) | ₹239.05 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹58.39 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹625.8 Cr | ₹636.06 Cr | ₹650.28 Cr |
| Other Income | ₹14.95 Cr | ₹7.65 Cr | ₹10.45 Cr |
| Total Income | ₹640.75 Cr | ₹643.71 Cr | ₹660.73 Cr |
| Cost of Materials Consumed | ₹301.55 Cr | ₹256.34 Cr | ₹286.52 Cr |
| Purchases of Stock-in-Trade | ₹60.46 Cr | ₹92.25 Cr | ₹75.53 Cr |
| Changes in Inventories | -₹20.37 Cr | ₹13.86 Cr | -₹47.6 Lakh |
| Employee Benefit Expense | ₹65.09 Cr | ₹58.26 Cr | ₹64.87 Cr |
| Finance Costs | ₹1.53 Cr | ₹1.69 Cr | ₹1.79 Cr |
| Depreciation & Amortisation | ₹11.87 Cr | ₹17.19 Cr | ₹12.71 Cr |
| Other Expenses | ₹121.79 Cr | ₹111.99 Cr | ₹117.34 Cr |
| Total Expenses | ₹541.92 Cr | ₹551.58 Cr | ₹558.28 Cr |
| Profit Before Exceptional Items & Tax | ₹98.84 Cr | ₹92.13 Cr | ₹102.45 Cr |
| Exceptional Items | -₹82 Lakh | -₹15.84 Cr | ₹0 |
| Profit Before Tax | ₹98.02 Cr | ₹76.3 Cr | ₹102.45 Cr |
| Total Tax Expense | ₹24.31 Cr | ₹19.74 Cr | ₹25.54 Cr |
| Net Profit | ₹73.44 Cr | ₹56.64 Cr | ₹76.68 Cr |
| Other Comprehensive Income | ₹1.3 Cr | -₹2.55 Cr | ₹2.58 Cr |
| Total Comprehensive Income | ₹74.74 Cr | ₹54.08 Cr | ₹79.26 Cr |
| EBITDA (computed) | ₹112.24 Cr | ₹111.02 Cr | ₹116.94 Cr |
| Basic EPS | ₹5.36 | ₹4.14 | ₹5.60 |
| Diluted EPS | ₹5.36 | ₹4.14 | ₹5.60 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹2,463.89 Cr |
| Other Income | ₹41.26 Cr |
| Total Income | ₹2,505.15 Cr |
| Cost of Materials Consumed | ₹1,109.09 Cr |
| Purchases of Stock-in-Trade | ₹251.67 Cr |
| Changes in Inventories | -₹6.03 Cr |
| Employee Benefit Expense | ₹241.96 Cr |
| Finance Costs | ₹6.53 Cr |
| Depreciation & Amortisation | ₹53.83 Cr |
| Other Expenses | ₹453.28 Cr |
| Total Expenses | ₹2,110.33 Cr |
| Profit Before Exceptional Items & Tax | ₹394.82 Cr |
| Exceptional Items | -₹16.66 Cr |
| Profit Before Tax | ₹378.17 Cr |
| Total Tax Expense | ₹96.4 Cr |
| Net Profit | ₹281.76 Cr |
| Other Comprehensive Income | -₹1.82 Cr |
| Total Comprehensive Income | ₹279.94 Cr |
| EBITDA (computed) | ₹455.18 Cr |
| Basic EPS | ₹20.57 |
| Diluted EPS | ₹20.57 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹3,382.82 Cr |
| Non-current Assets | ₹2,141.12 Cr |
| Current Assets | ₹1,212.64 Cr |
| Property, Plant & Equipment | ₹376.96 Cr |
| Inventories | ₹294.65 Cr |
| Trade Receivables | ₹170.29 Cr |
| Cash & Equivalents | ₹16.22 Cr |
| Equity (Net Worth) | ₹2,741.77 Cr |
| Equity Share Capital | ₹13.7 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹0 |
| Total Debt (computed) | ₹0 |
| Current Liabilities | ₹462 Cr |
| Total Liabilities | ₹641.05 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹258.78 Cr |
| Investing Cash Flow | -₹307.39 Cr |
| Financing Cash Flow | -₹12.77 Cr |
| Capital Expenditure | ₹21.81 Cr |
| Free Cash Flow (computed) | ₹236.97 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹61.14 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹614.84 Cr | ₹624.22 Cr | ₹638.01 Cr |
| Other Income | ₹15.07 Cr | ₹7.52 Cr | ₹10.26 Cr |
| Total Income | ₹629.91 Cr | ₹631.74 Cr | ₹648.26 Cr |
| Cost of Materials Consumed | ₹301.54 Cr | ₹256.34 Cr | ₹286.52 Cr |
| Purchases of Stock-in-Trade | ₹52.34 Cr | ₹83.44 Cr | ₹67.23 Cr |
| Changes in Inventories | -₹21.34 Cr | ₹13.67 Cr | -₹1.65 Cr |
| Employee Benefit Expense | ₹63.23 Cr | ₹56.78 Cr | ₹61.14 Cr |
| Finance Costs | ₹1.49 Cr | ₹1.66 Cr | ₹1.74 Cr |
| Depreciation & Amortisation | ₹11.75 Cr | ₹17.11 Cr | ₹12.65 Cr |
| Other Expenses | ₹122.39 Cr | ₹112.11 Cr | ₹119.62 Cr |
| Total Expenses | ₹531.4 Cr | ₹541.1 Cr | ₹547.26 Cr |
| Profit Before Exceptional Items & Tax | ₹98.51 Cr | ₹90.64 Cr | ₹101.01 Cr |
| Exceptional Items | -₹82.1 Lakh | -₹15.84 Cr | ₹0 |
| Profit Before Tax | ₹97.69 Cr | ₹74.8 Cr | ₹101.01 Cr |
| Total Tax Expense | ₹24.3 Cr | ₹19.63 Cr | ₹25.44 Cr |
| Net Profit | ₹73.39 Cr | ₹55.17 Cr | ₹75.57 Cr |
| Other Comprehensive Income | ₹12 Lakh | -₹2.63 Cr | ₹1.95 Cr |
| Total Comprehensive Income | ₹73.51 Cr | ₹52.55 Cr | ₹77.52 Cr |
| EBITDA (computed) | ₹111.75 Cr | ₹109.4 Cr | ₹115.39 Cr |
| Basic EPS | ₹5.36 | ₹4.03 | ₹5.52 |
| Diluted EPS | ₹5.36 | ₹4.03 | ₹5.52 |
Board & Governance of Orkla India Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Orkla India Limited has 8 directors - 4 independent and 1 executive. The board is chaired by Atle Vidar Nagel Johansen.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Atle Vidar Nagel Johansen | Non-Executive - Non Independent Director · Chairperson | 2015-03-17 | 1 |
| Sanjay Sharma | Executive Director · CEO-MD | 2009-02-01 | 1 |
| Maria Syse-Nybraaten | Non-Executive - Non Independent Director | 2023-05-11 | 1 |
| Per Haavard Skiaker Maelen | Non-Executive - Non Independent Director | 2023-05-11 | 1 |
| Rashmi Satish Joshi | Non-Executive - Independent Director | 2025-03-10 | 5 |
| Amit Jain | Non-Executive - Independent Director | 2025-03-10 | 3 |
| Shantanu Khosla | Non-Executive - Independent Director | 2025-03-10 | 3 |
| Meena Ganesh | Non-Executive - Independent Director | 2025-03-10 | 5 |
| Committee | Members |
|---|---|
| Audit Committee | Rashmi Satish Joshi (Chairperson), Shantanu Khosla, Per Haavard Skiaker Maelen |
| Nomination and remuneration committee | Amit Jain (Chairperson), Meena Ganesh, Atle Vidar Nagel Johansen |
| Stakeholders Relationship Committee | Per Haavard Skiaker Maelen (Chairperson), Meena Ganesh, Atle Vidar Nagel Johansen, Sanjay Sharma |
| Risk Management Committee | Shantanu Khosla (Chairperson), Rashmi Satish Joshi, Sanjay Sharma, Maria Syse-Nybraaten |
| Corporate Social Responsibility Committee | Maria Syse-Nybraaten (Chairperson), Amit Jain, Sanjay Sharma |
Charges & Borrowings of Orkla India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2006 | The Karnataka Bank Limited | ₹12 Cr | Satisfied |
| 29 May 2002 | The Karnataka Bank Limited | ₹9.5 Cr | Satisfied |
| 28 Mar 2002 | State Bank of India | ₹10 Cr | Satisfied |
| 18 Jul 2001 | Karnataka Bank Limited | ₹3 Cr | Satisfied |
| 19 Feb 2001 | Karnataka Bank Limited | ₹3 Cr | Satisfied |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Orkla India Limited
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Employee Count & EPFO Data of Orkla India Limited
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GST Compliance of Orkla India Limited
GSTIN & GST Filing Data of Orkla India Limited
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Credit Ratings, Litigation & Regulatory Alerts for Orkla India Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Orkla India Limited
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MSME Payment Delays by Orkla India Limited
MSME Payment Delays by Orkla India Limited
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Subsidiaries & Group Companies of Orkla India Limited
Subsidiaries & Group Companies of Orkla India Limited
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MCA Filings & Documents of Orkla India Limited
MCA Filings & Documents of Orkla India Limited
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Recent Activity on Orkla India Limited
Recent News on Orkla India Limited
Frequently Asked Questions about Orkla India Limited
Orkla India Limited is an active public limited company in the food and beverages sector based in Bangalore, Karnataka, India. It was incorporated on 21 August 1996 (30+ years old) and is registered under CIN L15136KA1996PLC021007. The company has 1,027 employees.
Orkla India Limited reported revenue of ₹2,455.24 Cr for FY 2025 (up 3.00% YoY).
The current directors of Orkla India Limited are:
- Atle Vidar Nagel Johansen
- Meena Ganesh
- Sanjay Sharma
- Amit Jain
- Rashmi Satish Joshi
- Per Havard Skiaker Maelen
- Maria Sysenybraaten
- Shantanu Maharaj Khosla
- Sanjay Sharma
- Kaushik Seshadri
- Suniana Calapa
The primary industry of Orkla India Limited is food and beverages. The company specifically operates in instant and ready-to-eat foods. The company is currently active in this sector.
Orkla India Limited can be reached at the registered office: No.1.2Nd & 3Rd Floor 100 Feet Inner Ring Road Ejipura Ashwini Layout Vivek Nagar, Bangalore, Karnataka, India – 560047, or through the website mtrfoods.com.
The authorised capital is ₹111.3 Cr, and the paid-up capital is ₹13.7 Cr.