Raigad Foods Private Limited

Raigad Foods Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U15130MH2003PTC105809 Incorporated 24 September 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company agriculture MSME · Micro
Data last updated
Revenue · FY 2023
₹1.19 Cr
▼ 32% YoY
Net loss · FY 2023
₹1 Cr
Net margin -83.9%
EBITDA · FY 2023
-₹86.55 Lakh
EBITDA margin -72.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹38.75 Lakh
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings

About Raigad Foods Private Limited

Data last updated:

Raigad Foods Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 24 September 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15130MH2003PTC105809. Its GSTIN is 27AAACR4931L1Z6 (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Bhushan Subhash Desai and Prabodh Subhash Desai.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vidyut Tilak Nagarm G Road Goregaon West, Mumbai, Maharashtra, India – 400052.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.19 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹1 Cr (net margin -83.9%) and EBITDA of -₹86.55 Lakh (EBITDA margin -72.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.

As per MCA filings, the company has open charges of ₹38.75 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

Raigad Foods Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0188970). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U15130MH2003PTC105809
Registration Number 105809
Incorporation Date 24 September 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0188970
Key People
Bhushan Subhash Desai Director Prabodh Subhash Desai Director

Recognitions & Rankings of Raigad Foods

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0188970

Contact details

Raigad Foods Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Vidyut Tilak Nagarm G Road Goregaon West, Mumbai, Maharashtra, India – 400052
  • Industry
    Agriculture, Horticulture & Produce

To see the full contact details of Raigad Foods Private Limited, buy the company report.

Comprehensive company report
Raigad 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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Business activity

The main business activity of Raigad Foods is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Raigad Foods Private Limited, buy the company report.

Financials of Raigad Foods Private Limited

FY 2023 filings available

Raigad Foods Private Limited reported revenue of ₹1.19 Cr (down 32% YoY) for FY 2023.

Revenue · FY 2023
₹1.19 Cr ▼ 32%
Net loss · FY 2023
₹1 Cr margin -83.9%
EBITDA · FY 2023
-₹86.55 Lakh margin -72.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 15%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 780%
3 years · compounded
▼ 84%
5 years · compounded
▼ 66%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 32% fall in the latest year. EBITDA fell 780% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.19 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹86.55 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-72.5%
Net Profit Margin-83.9%
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 Raigad Foods Private Limited, buy the company report.

Board of directors of Raigad Foods Private Limited

Raigad Foods has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhushan Subhash Desai
Also directs: Aura Infraheights LLP, Proctech Solutions Itms LLP, Westelite Consultancy LLP
Director24 Sep 200323 Years 1 MonthsCurrent
Prabodh Subhash DesaiDirector12 Jan 20224 Years 9 MonthsCurrent
View all directors

Auditor

Raigad Foods Private Limited is audited by UDAYGOPINATHKARNIK for the financial year 2023.

Auditor firmFinancial yearFirm registration number
UDAYGOPINATHKARNIKFY 2023032932

Shareholding

The shareholding of Raigad 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Raigad Foods Private Limited, buy the company report.

Charges & borrowings

Open charges
₹38.75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Union Bank of India₹0.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Oct 199790150486Union Bank of India₹35 LakhOpen
22 Sep 199790150483Union Bank of India₹3.75 LakhOpen

To see the full charge records of Raigad Foods Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Raigad Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Raigad Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACR4931L1Z6MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Raigad Foods Private Limited, buy the company report.

Recent activity

Raigad Foods Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Prabodh Subhash Desai was appointed as Director on 12 Jan 2022.

AGM
Raigad Foods Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Raigad Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Prabodh Subhash Desai was appointed as Director.
Ceased
Sushma Subhash Desai ceased to be Director.
Ceased
Prabodh Subhash Desai ceased to be Director.
Appointed
Bhushan Subhash Desai was appointed as Director.
Charges
A charge with Union Bank Of India amounted to Rs. 35.00 Lakh with Charge ID 90150486 was registered on 01 Oct 1997.
Charges
A charge with Union Bank Of India of Rs. 3.75 Lakh registered on 22 Sep 1997 with Charge ID 90150483 was modified on 01 Oct 1997.
Charges
A charge with Union Bank Of India amounted to Rs. 3.75 Lakh with Charge ID 90150483 was registered on 22 Sep 1997.
Incorporation
24 Sep 2003
Raigad Foods Private Limited was registered on 24 Sep 2003 with Roc Mumbai & aged 23 years 1 month as per MCA records.

Frequently asked questions

Raigad Foods is an active private limited company based in Mumbai, Maharashtra, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 24 September 2003 (23+ years old) and is registered under CIN U15130MH2003PTC105809.

Raigad Foods has 2 current directors:

The latest financial statements of Raigad Foods on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Raigad Foods is 27AAACR4931L1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Raigad Foods is U15130MH2003PTC105809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Raigad Foods has 1 court case on record: 1 filed by the company.

Raigad Foods was incorporated on 24 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Prabodh Subhash Desai was appointed as Director on 12 Jan 2022. Sushma Subhash Desai ceased to be Director on 12 Jan 2022. Prabodh Subhash Desai ceased to be Director on 08 Jun 2019. Raigad Foods has 4 board changes on record in total.

Yes, Raigad Foods is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0188970).

The registered office of Raigad Foods is at Vidyut Tilak Nagarm G Road Goregaon West, Mumbai, Maharashtra, India – 400052.