Resource Foods Private Limited
About Resource Foods Private Limited
Data last updated:
Resource Foods Private Limited is a private limited company based in Chandigarh, India. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 07 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15400CH2008PTC031180. Its GSTIN is 03AAECR4442G2ZO (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Praveen Diwan and Kanan Diwan.
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 H.No.1536 Sector – 33D, Chandigarh, India – 160034.
As per the financials filed for FY 2022, the company reported a revenue of ₹65.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.35 Lakh (net margin 14.3%) and EBITDA of ₹65.01 Lakh (EBITDA margin 99.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹13.43 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 31 cases involving the company, including 31 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Resource Foods Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.1536 Sector – 33D, Chandigarh, India – 160034
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Resource Foods 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
Financials of Resource Foods Private Limited
FY 2022 filings availableResource Foods Private Limited reported revenue of ₹65.16 Lakh (up 632% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 632% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 111% 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 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹65.16 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹65.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.35 Lakh | ||||
| 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 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.8% | ||||
| Net Profit Margin | 14.3% | ||||
| 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 Resource Foods Private Limited, buy the company report.
Board of directors of Resource Foods Private Limited
Resource Foods has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Diwan | Director | 14 Nov 2022 | 3 Years 11 Months | Current |
| Kanan Diwan | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Resource Foods Private Limited is audited by PREET KAMAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREET KAMAL & CO | FY 2020 | 022427N |
Shareholding
The shareholding of Resource Foods Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Resource Foods Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2015 | 10618746 | Punjab National Bank | ₹5.81 Cr | Open | |
| 07 Dec 2015 | 10618749 | Punjab National Bank | ₹5.42 Cr | Open | |
| 24 Jan 2014 | 10509834 | Bank of India | ₹2.2 Cr | Open | |
| 11 Dec 2010 | 10260938 | Bank of India | ₹1.2 Cr | Satisfied |
To see the full charge records of Resource Foods Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Resource Foods Private Limited has 31 court cases on record: 31 filed against it. 1 case is pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 31 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shimla, Himachal Pradesh | Court case (Corruption Case) | Filed against the company by an individual | Pending |
| District court, Shimla, Himachal Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Shimla, Himachal Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Shimla, Himachal Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Shimla, Himachal Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Resource 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.
Credit ratings & regulatory alerts
Resource Foods Private Limited was last rated by Crisil on 20 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Jul 2020 |
To see the full credit ratings and regulatory alerts of Resource Foods Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Resource Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Resource Foods has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECR4442G2ZO | Punjab | Active | 19 Dec 2017 |
To see the full GST registrations and return filing status of Resource Foods Private Limited, buy the company report.
Recent activity
Resource Foods Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Praveen Diwan was appointed as Director on 14 Nov 2022.
4 earlier events are in the company report.
Frequently asked questions
Resource Foods is an active private limited company based in Chandigarh, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 07 April 2008 (18+ years old) and is registered under CIN U15400CH2008PTC031180.
Resource Foods has 2 current directors:
- Praveen Diwan - Director
- Kanan Diwan - Director
The latest financial statements of Resource Foods 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 2015 are in the company report.
The GSTIN of Resource Foods is 03AAECR4442G2ZO, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Resource Foods is U15400CH2008PTC031180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Resource Foods has 31 court cases on record: 31 filed against it. 1 is pending.
Resource Foods was incorporated on 07 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
Praveen Diwan was appointed as Director on 14 Nov 2022. Kanan Diwan was appointed as Director on 20 Nov 2019. Praveen Diwan ceased to be Director on 20 Nov 2019. Resource Foods has 8 board changes on record in total.
The registered office of Resource Foods is at H.No.1536 Sector – 33D, Chandigarh, India – 160034.
Resource Foods operates in the agriculture industry, in the horticulture and produce segment.
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