MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-13-0004172
Rime Rich Foods Private Limited - food and beverages in Palakkad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹86.46 Lakh
▼ 95% YoY
Net loss · FY 2025
₹2.77 Cr
Net margin -320.1%
EBITDA · FY 2025
-₹53.87 Lakh
EBITDA margin -62.3%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.35 Cr
Issued & subscribed
Open charges
₹22.09 Cr
Satisfied ₹2.42 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
35
Provident fund records
About Rime Rich Foods Private Limited
Data last updated:
Rime Rich Foods Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 21 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51229KL2000PTC014164. Its GSTIN is 32AADCR4377F6ZC (Kerala). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.35 Cr. It is led by directors Starson Kandamkulathy (Managing Director) and Kandamkulathy Johny Fineson.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kinfra Integrated Industrial And Textile Park, Palakkad, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.46 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹2.77 Cr (net margin -320.1%) and EBITDA of -₹53.87 Lakh (EBITDA margin -62.3%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 52% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pappai. As per MCA filings, the company has open charges of ₹22.09 Cr and satisfied charges of ₹2.42 Cr on record. Court records list 97 cases involving the company, including 77 filed by the company and 20 filed against it; 16 cases are pending. The company has 17 deals on record (9 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹6.03 Cr; the latest was in November 2021. Its 6 peer companies in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 3 smaller; the largest is Jaywant Dairy's and Agro Farms Private Limited with revenue of ₹87.56 Lakh.
Rime Rich Foods Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-13-0004172). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pappai.com.
Company details
CIN U51229KL2000PTC014164
Registration Number 014164
Incorporation Date 21 August 2000
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-13-0004172
Recognitions & Rankings of Rime Rich Foods
Contact details
Rime Rich Foods Private Limited's registered office is in Palakkad, Kerala. Its website is pappai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKinfra Integrated Industrial And Textile Park, Menonpara Road Kanjikode East P.O, Palakkad, Kerala, India – 678621
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Rime Rich Foods Private Limited, buy the company report.
Comprehensive company report
Rime Rich 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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Brands
Rime Rich Foods operates one associated brand: Pappai. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures a range of ice cream flavors and products. | pappai.com |
Business activity
The main business activity of Rime Rich Foods is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Rime Rich Foods Private Limited, buy the company report.
Financials of Rime Rich Foods Private Limited
FY 2025 filings availableRime Rich Foods Private Limited reported revenue of ₹86.46 Lakh (down 95% YoY) for FY 2025.
Revenue · FY 2025
₹86.46 Lakh ▼ 95%
Net loss · FY 2025
₹2.77 Cr margin -320.1%
EBITDA · FY 2025
-₹53.87 Lakh margin -62.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 67%
5 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▼ 31%
5 years · compounded
▲ 20%
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 95% fall in the latest year. EBITDA rose 85% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹53.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.77 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -62.3% | ||||
| Net Profit Margin | -320.1% | ||||
| 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 Rime Rich Foods Private Limited, buy the company report.
Board of directors of Rime Rich Foods Private Limited
Rime Rich Foods has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kandamkulathy Johny Fineson | Director | 21 Aug 2000 | 26 Years 2 Months | Current |
| Starson Kandamkulathy | Managing Director | 21 Aug 2000 | 26 Years 2 Months | Current |
Peer comparison
Rime Rich Foods Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaywant Dairy's and Agro Farms Private Limited | ₹87.56 Lakh (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Nile Dairy Private Limited | ₹87.32 Lakh (FY 2025) | 84.0% | Perambalur, Tamil Nadu, India | |||
| Kirke Cheese Private Limited | ₹86.79 Lakh (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Rime Rich Foods Private Limitedthis company | ₹86.46 Lakh (FY 2025) | -₹2.77 Cr | -320.1% | -95.0% | 35 | Palakkad, Kerala, India |
| Wayss Food Products Private Limited | ₹84.22 Lakh (FY 2025) | 15.0% | Hajipur, Bihar, India | |||
| Kankria Agro Limited | ₹84.2 Lakh (FY 2023) | Jalgaon, Maharashtra, India | ||||
| Farmlyfresh Produce Private Limited | ₹84.17 Lakh (FY 2025) | 13.0% | Guwahati, Assam, India |
To see the full peer comparison of Rime Rich Foods Private Limited, buy the company report.
Auditor
Rime Rich Foods Private Limited is audited by UNNIKRISHNAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UNNIKRISHNAN & CO | FY 2023 | 004460S |
Shareholding
The shareholding of Rime Rich 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 category | FY 2023 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rime Rich Foods Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.09 Cr
Satisfied charges
₹2.42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2023 | 100708515 | Canara Bank | ₹80 Lakh | Open | |
| 29 Nov 2021 | 100513915 | Canara Bank | ₹1.38 Cr | Open | |
| 24 Aug 2020 | 100398459 | Canara Bank | ₹2.66 Cr | Open | |
| 16 Jun 2017 | 100108084 | Canara Bank | ₹2.5 Cr | Open | |
| 25 May 2016 | 100036921 | Others | ₹2 Cr | Open |
To see the full charge records of Rime Rich Foods Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Rime Rich Foods Private Limited has 17 deals on record (9 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹6.03 Cr; the latest was in November 2021.
Total deals
17
Funding rounds
9
Secondary share transfers
7
Rights issue
1
Disclosed funding
₹6.03 Cr
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Rights issue | ₹30 Lakh | Investors: 4 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Seller: an individual |
To see the full deal history of Rime Rich Foods Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rime Rich Foods Private Limited has 97 court cases on record: 77 filed by Rime Rich Foods, 20 filed against it. 16 cases are pending and 81 are disposed.
Total cases
97
Filed by the company
77
Filed against the company
20
Pending
16
Disposed
81
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 92 | 19 | 14 |
| High courts | 5 | 1 | 2 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (Crl.MC) | Filed by the company against Machart Advertising & Marketing Pvt. Ltd and 1 other | Pending |
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed against the company by Machart Advertising and Marketing Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Nakoda Dairy Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Nakoda Dairy Pvt Ltd | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by Machart Advertising and Marketing Pvt Ltd | Disposed |
To see the full case history of Rime Rich 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
Rime Rich Foods Private Limited was last rated by Crisil on 27 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Mar 2020 |
To see the full credit ratings and regulatory alerts of Rime Rich Foods Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rime Rich Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rime Rich Foods Private Limited has a workforce of 35 employees on its EPFO records as of Mar 2023, across 3 active EPFO establishments.
Employee count
35
Active EPFO establishments
3
Employee growth
-55.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 35 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rime Rich Foods Private Limited, buy the company report.
GST
Rime Rich Foods has 8 GST registrations: 1 active and 7 cancelled or inactive.
Total GSTINs
8
Active
1
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCR4377F6ZC | Kerala | Active | 10 Apr 2025 |
To see the full GST registrations and return filing status of Rime Rich Foods Private Limited, buy the company report.
Recent activity
Rime Rich Foods Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Kandamkulathy John Johnson ceased to be Director on 05 Mar 2024.
AGM
Rime Rich Foods Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Rime Rich Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Kandamkulathy John Johnson ceased to be Director.
Ceased
Pulakkal Alikutty ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.80 Cr with Charge ID 100708515 was registered on 03 Apr 2023.
Charges
A charge with Canara Bank of Rs. 4.75 Cr registered on 03 Mar 2006 with Charge ID 10000086 was modified on 07 Mar 2023.
Charges
A charge registered on 07 Aug 2014 via Charge ID 10516252 with Canara Bank was fully satisfied on 24 Feb 2023.
Charges
A charge with Canara Bank amounted to Rs. 1.38 Cr with Charge ID 100513915 was registered on 29 Nov 2021.
Charges
A charge with Canara Bank amounted to Rs. 2.66 Cr with Charge ID 100398459 was registered on 24 Aug 2020.
Charges
A charge with Canara Bank amounted to Rs. 2.50 Cr with Charge ID 100108084 was registered on 16 Jun 2017.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100036921 was registered on 25 May 2016.
Charges
A charge with Canara Bank amounted to Rs. 1.50 Cr with Charge ID 10516252 was registered on 07 Aug 2014.
10 earlier events are in the company report.
Frequently asked questions
Rime Rich Foods is an active private limited company based in Palakkad, Kerala, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 21 August 2000 (26+ years old) and is registered under CIN U51229KL2000PTC014164.
Rime Rich Foods has 2 current directors:
- Starson Kandamkulathy - Managing Director
- Kandamkulathy Johny Fineson - Director
The latest financial statements of Rime Rich Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rime Rich Foods is 32AADCR4377F6ZC, registered in Kerala. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rime Rich Foods is U51229KL2000PTC014164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rime Rich Foods has 97 court cases on record: 77 filed by the company and 20 filed against it. 16 are pending. Most are in the district courts.
Rime Rich Foods was incorporated on 21 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ernakulam.
Rime Rich Foods has 17 deals on record (9 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹6.03 Cr; the latest was in November 2021.
The peers of Rime Rich Foods by revenue are Jaywant Dairy's and Agro Farms Private Limited, Nile Dairy Private Limited, Kirke Cheese Private Limited, Wayss Food Products Private Limited, Kankria Agro Limited and 1 more, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Kandamkulathy John Johnson ceased to be Director on 05 Mar 2024. Pulakkal Alikutty ceased to be Director on 10 Apr 2023. Kandamkulathy Johny Fineson was appointed as Director on 21 Aug 2000. Rime Rich Foods has 4 board changes on record in total.
Yes, Rime Rich Foods is registered as a small enterprise under Udyam registration (number: UDYAM-KL-13-0004172).
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