MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0050221
Southern Bakeries Private Limited
Southern Bakeries Private Limited - food and beverages in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.39 Cr
▲ 6% YoY
Net loss · FY 2025
₹5.85 Lakh
Net margin -0.1%
EBITDA · FY 2025
₹66.5 Lakh
EBITDA margin 1.6%
Authorised capital
₹2.55 Cr
Registered with MCA
Paid-up capital
₹2.55 Cr
Issued & subscribed
Satisfied charges
₹3.76 Cr
No open charges
Company age
24 yrs
Est. 2002
Employees · EPFO
72
Provident fund records
About Southern Bakeries Private Limited
Data last updated:
Southern Bakeries Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Dream Bake Private Limited. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 24 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15433KA2002PTC030041. Its GSTIN is 29AAHCS3832N1ZS (Karnataka).
The company has an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹2.55 Cr. It is led by directors Baschha Joshi and Mohan Krishna Maitra.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 117 No.4 KIADB Jigni Industrial Area II Phase, Bengaluru, Karnataka, India – 560105.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.39 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹5.85 Lakh (net margin -0.1%) and EBITDA of ₹66.5 Lakh (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.76 Cr on record. Court records list 16 cases involving the company, including 5 filed by the company and 11 filed against it; 3 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.05 Cr; the latest was in March 2008. Its 8 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 3 smaller; the largest is Shakun Consumer Products Private Limited with revenue of ₹42.47 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 1,834 overdue payments to 111 micro and small suppliers.
Southern Bakeries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0050221). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15433KA2002PTC030041
Registration Number 030041
Incorporation Date 24 January 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Dream Bake Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0050221
Recognitions & Rankings of Southern Bakeries
Contact details
Southern Bakeries Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 117 No.4 KIADB Jigni Industrial Area II Phase, Bengaluru, Karnataka, India – 560105
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Southern Bakeries Private Limited, buy the company report.
Comprehensive company report
Southern Bakeries 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 Southern Bakeries 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 Southern Bakeries Private Limited, buy the company report.
Financials of Southern Bakeries Private Limited
FY 2025 filings availableSouthern Bakeries Private Limited reported revenue of ₹41.39 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹41.39 Cr ▲ 6%
Net loss · FY 2025
₹5.85 Lakh margin -0.1%
EBITDA · FY 2025
₹66.5 Lakh margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 12%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 236%
3 years · compounded
▼ 21%
5 years · compounded
▼ 21%
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 236% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.85 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Southern Bakeries Private Limited, buy the company report.
Board of directors of Southern Bakeries Private Limited
Southern Bakeries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baschha Joshi Also directs: Switz Foods Pvt Ltd, Dream Bake Private Limited | Director | 21 Nov 2025 | 0 Years 11 Months | Current |
| Mohan Krishna Maitra Also directs: Namakkal Bake Private Limited, Namakkal Foods Private Limited, Snow Lion Foods Private Limited and 1 more | Director | 26 Dec 2023 | 2 Years 9 Months | Current |
Peer comparison
Southern Bakeries Private Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery 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 |
|---|---|---|---|---|---|---|
| Shakun Consumer Products Private Limited | ₹42.47 Cr (FY 2025) | 0.0% | Broadway.Chennai, Tamil Nadu, India | |||
| Nu Bake Private Limited | ₹41.89 Cr (FY 2024) | 8.0% | Guwahati, Assam, India | |||
| Veeramani Biscuit Industries Private Limited | ₹41.77 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Khuranabek Foods Private Limited | ₹41.47 Cr (FY 2023) | 73.0% | Saharanpur, Uttar Pradesh, India | |||
| Crazy Bakery Udyog Private Limited | ₹41.4 Cr (FY 2025) | 5.0% | Gorakhpur, Uttar Pradesh, India | |||
| Southern Bakeries Private Limitedthis company | ₹41.39 Cr (FY 2025) | -₹5.85 Lakh | -0.1% | 6.0% | 72 | Bengaluru, Karnataka, India |
| Sovino Foods Private Limited | ₹40.74 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| VC Nutrifoods Private Limited | ₹40.22 Cr (FY 2025) | 14.0% | Hanuman Junction, Andhra Pradesh, India | |||
| Madhvi Dairy Private Limited | ₹39.68 Cr (FY 2025) | 37.0% | Palanpur, Gujarat, India |
To see the full peer comparison of Southern Bakeries Private Limited, buy the company report.
Auditor
Southern Bakeries Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 302009E |
Shareholding
The shareholding of Southern Bakeries 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Southern Bakeries Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2008 | 10121120 | Axis Bank Limited | ₹3.31 Cr | Satisfied | |
| 09 Jun 2004 | 80050286 | Standad Chartered Bank | ₹45 Lakh | Satisfied |
To see the full charge records of Southern Bakeries Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Southern Bakeries Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.05 Cr; the latest was in March 2008.
Total deals
1
Funding round
1
Disclosed funding
₹2.05 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Funding round | ₹2.05 Cr | Investors: Dream Bake Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Southern Bakeries Private Limited has 16 court cases on record: 5 filed by Southern Bakeries, 11 filed against it. 3 cases are pending and 13 are disposed.
Total cases
16
Filed by the company
5
Filed against the company
11
Pending
3
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 5 | 1 |
| District courts | 6 | 4 | 2 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Agile Engineering and Packaging Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Agile Engineering and Packaging Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Agile Engineering and Packaging Pvt Ltd | Disposed |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by an individual | Pending |
| NCLAT, NCLAT Chennai | Company appeal | Filed against the company by individuals | Disposed |
To see the full case history of Southern Bakeries 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.
MSME payment delays
Southern Bakeries Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 1,834 overdue payments to 111 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 111)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| GDK Solutions | |||
| an individual supplier | |||
| York Print & Pack | |||
| Best Corrugators |
To see the full MSME payment records of Southern Bakeries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Southern Bakeries has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Associated companies
Employees & EPFO
Southern Bakeries Private Limited has a workforce of 72 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
72
Active EPFO establishments
1
Employee growth
5.88%
GST
Southern Bakeries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS3832N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Southern Bakeries Private Limited, buy the company report.
Recent activity
Southern Bakeries Private Limited has 12 board changes on record since 2002: 7 appointments and 5 cessations. The latest: Sivasubramanian Vellore Ganapathy ceased to be Director on 01 Dec 2025.
Ceased
Sivasubramanian Vellore Ganapathy ceased to be Director.
Appointed
Baschha Joshi was appointed as Director.
AGM
Southern Bakeries Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Southern Bakeries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Aseem Soni ceased to be Director.
Appointed
Sivasubramanian Vellore Ganapathy was appointed as Director.
Ceased
Martand Singh ceased to be Director.
Appointed
Mohan Krishna Maitra was appointed as Director.
Charges
A charge registered on 12 Sep 2008 via Charge ID 10121120 with Axis Bank Limited was fully satisfied on 01 Jun 2023.
Ceased
Patan Khan Ayub ceased to be Director.
Ceased
Jameela Ayub Khan ceased to be Director.
Appointed
Aseem Soni was appointed as Director.
7 earlier events are in the company report.
Frequently asked questions
Southern Bakeries is an active private limited company based in Bengaluru, Karnataka, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 24 January 2002 (24+ years old) and is registered under CIN U15433KA2002PTC030041.
Southern Bakeries has 2 current directors:
- Baschha Joshi - Director
- Mohan Krishna Maitra - Director
The latest financial statements of Southern Bakeries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Southern Bakeries is 29AAHCS3832N1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Southern Bakeries is U15433KA2002PTC030041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Bakeries has 16 court cases on record: 5 filed by the company and 11 filed against it. 3 are pending. Most are in the high courts.
Southern Bakeries was incorporated on 24 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Southern Bakeries has 1 deal on record (1 funding round), with disclosed funding of ₹2.05 Cr; the latest was in March 2008.
The peers of Southern Bakeries by revenue are Shakun Consumer Products Private Limited, Nu Bake Private Limited, Veeramani Biscuit Industries Private Limited, Khuranabek Foods Private Limited, Crazy Bakery Udyog Private Limited and 3 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Sivasubramanian Vellore Ganapathy ceased to be Director on 01 Dec 2025. Baschha Joshi was appointed as Director on 21 Nov 2025. Aseem Soni ceased to be Director on 10 Jan 2025. Southern Bakeries has 12 board changes on record in total.
Yes, Southern Bakeries is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0050221).
Southern Bakeries has 7 MSME Form 1 returns on record between 2020 and 2023, listing 1,834 overdue payments to 111 micro and small suppliers. The latest return was filed on 02 Sep 2023.