Praise Organics Private Limited
About Praise Organics Private Limited
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Praise Organics Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 14 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15549DL2019PTC346050. Its GSTIN is 07AAKCP3738R1ZL (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Nitasha Aggarwal and Anuradha Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 23/25 Shop No. 4 Moti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2022, the company reported a revenue of ₹22,032, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹57,386 (net margin -260.5%) and EBITDA of -₹57,364 (EBITDA margin -260.4%).
Company details
Contact details
Praise Organics Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23/25 Shop No. 4 Moti Nagar, New Delhi, Delhi, India – 110015
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Praise Organics 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 Praise Organics is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Praise Organics Private Limited, buy the company report.
Financials of Praise Organics Private Limited
FY 2022 filings availablePraise Organics Private Limited reported revenue of ₹22,032 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA rose 9% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹22,032 | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹57,364 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹57,386 | |||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -260.4% | |||
| Net Profit Margin | -260.5% | |||
| 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 Praise Organics Private Limited, buy the company report.
Board of directors of Praise Organics Private Limited
Praise Organics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitasha Aggarwal | Director | 14 Feb 2019 | 7 Years 8 Months | Current |
| Anuradha Aggarwal Also directs: Indiscott Distillers LLP | Additional Director | 01 Nov 2022 | 4 Years 0 Months | Current |
Peer comparison
Praise Organics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pat Bag Manufacturers & Marketing Pvt. Ltd. | ₹22,070 (FY 2018) | Kolkata, West Bengal, India | ||||
| Orgoshops International Private Limited | ₹22,065 (FY 2025) | -61.0% | Chennai, Tamil Nadu, India | |||
| Simplex Vinimay Private Limited | ₹22,062 (FY 2025) | 36.0% | Surat, Gujarat, India | |||
| Shivagra Infotech Private Limited | ₹22,039 (FY 2020) | Delhi, India | ||||
| Moontree Traders Private Limited | ₹22,034 (FY 2024) | -11.0% | Kolkata, West Bengal, India | |||
| Praise Organics Private Limitedthis company | ₹22,032 (FY 2022) | -₹57,386 | -260.5% | -99.0% | New Delhi, Delhi, India | |
| Shakuntala Buildtech Private Limited | ₹22,000 (FY 2023) | -27.0% | New Delhi, Delhi, India | |||
| Reward Suppliers Private Limited | ₹22,000 (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Vinar Enviro Private Limited | ₹22,000 (FY 2018) | Lucknow, Uttar Pradesh, India | ||||
| Mallovik Retail Private Limited | ₹22,000 (FY 2023) | 45.0% | Hooghly, West Bengal, India | |||
| Jovial Bags & Bagaggage Suppliers Private Limited | ₹22,000 (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Praise Organics Private Limited, buy the company report.
Auditor
Praise Organics Private Limited is audited by VIPUL KAPOOR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPUL KAPOOR & CO | FY 2021 | 014932C |
Shareholding
The shareholding of Praise Organics Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Praise Organics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Praise Organics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praise Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praise Organics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCP3738R1ZL | Delhi | Active | 09 Mar 2019 |
| 09AAKCP3738R1ZH | Uttar Pradesh | Active | 24 Aug 2019 |
To see the full GST registrations and return filing status of Praise Organics Private Limited, buy the company report.
Recent activity
Praise Organics Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Anuradha Aggarwal was appointed as Additional Director on 01 Nov 2022.
Frequently asked questions
Praise Organics is an active private limited company based in New Delhi, Delhi, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 14 February 2019 (7+ years old) and is registered under CIN U15549DL2019PTC346050.
Praise Organics has 2 current directors:
- Nitasha Aggarwal - Director
- Anuradha Aggarwal - Additional Director
The latest financial statements of Praise Organics on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Praise Organics is 07AAKCP3738R1ZL, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAKCP3738R1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of Praise Organics is U15549DL2019PTC346050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praise Organics was incorporated on 14 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Praise Organics by revenue are Pat Bag Manufacturers & Marketing Pvt. Ltd, Orgoshops International Private Limited, Simplex Vinimay Private Limited, Shivagra Infotech Private Limited, Moontree Traders Private Limited and 5 more, all in the same principal business activity (retail trading).
Anuradha Aggarwal was appointed as Additional Director on 01 Nov 2022. Shefali Aggarwal ceased to be Director on 01 Nov 2022. Nitasha Aggarwal was appointed as Director on 14 Feb 2019.
The registered office of Praise Organics is at 2325 Shop No. 4 Moti Nagar, New Delhi, Delhi, India – 110015.
Praise Organics operates in the food and beverages industry, in the instant and ready-to-eat foods segment.
Praise Organics can be reached at its registered office: 2325 Shop No. 4 Moti Nagar, New Delhi, Delhi, India – 110015.
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