MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0070379
Square Meal Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.1 Cr
▼ 21% YoY
Net profit · FY 2024
₹7.55 Cr
Net margin 17.5%
EBITDA · FY 2024
₹12.52 Cr
EBITDA margin 29%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Open charges
₹6.63 Cr
Satisfied ₹60 Lakh
Company age
23 yrs
Est. 2003
Employees · EPFO
29
Provident fund records
About Square Meal Private Limited
Data last updated:
Square Meal Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 07 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51229KA2003PTC032681. Its GSTIN is 29AAHCS6402L1Z0 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Hansel George Cabral and Synora Cabral.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No Spl2 Veerasandra 2nd Stage Kssidc Industrial Estate Huskur Road, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.1 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹7.55 Cr (net margin 17.5%) and EBITDA of ₹12.52 Cr (EBITDA margin 29%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 17% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.63 Cr and satisfied charges of ₹60 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Square Meal Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070379). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website square-meal.com.
Company Details of Square Meal Private Limited
CIN U51229KA2003PTC032681
Registration Number 032681
Incorporation Date 07 October 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0070379
Recognitions & Rankings of Square Meal
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No Spl2 Veerasandra 2nd Stage Kssidc Industrial Estate Huskur Road, Bangalore, Karnataka, India – 560100
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
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Business Activity of Square Meal Private Limited
The main business activity of Square Meal is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Square Meal Private Limited FY 2025 filings available
Square Meal Private Limited reported revenue of ₹43.1 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹43.1 Cr ▼ 21%
Net profit · FY 2024
₹7.55 Cr margin 17.5%
EBITDA · FY 2024
₹12.52 Cr margin 29%
Compounded Annual Growth Rate (CAGR) of Square Meal Private Limited
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 43%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 61%
5 years · compounded
▲ 16%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 28% 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 of Square Meal Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.55 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 of Square Meal Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Square Meal are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Square Meal Private Limited
Square Meal has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hansel George Cabral | Director | 07 Oct 2003 | 23 Years 0 Months | Current |
| Synora Cabral | Director | 07 Oct 2003 | 23 Years 0 Months | Current |
Peer Comparison of Square Meal Private Limited
Square Meal Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Instant Foods). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| United Agri Tech Pvt Ltd | ₹43.93 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Burdwan, West Bengal, India |
| Satidadi Agro Manufacturers Private Limited | ₹43.71 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Siliguri, West Bengal, India |
| Rochak Soya Private Limited | ₹43.5 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Kamlesh Tea Estate Private Limited | ₹43.44 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Uttar Pradesh, India |
| Ratan Agri Foods Private Limited | ₹43.13 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Jaora, Madhya Pradesh, India |
| Square Meal Private Limited this company | ₹43.1 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Unifoods Nutritive Private Limited | ₹42.96 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Avika Foods Private Limited | ₹42.92 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Esjaypee Mercantile Global Private Limited | ₹42.91 Cr (FY 2023) | •••• | •••• | -12.0% | •••• | Thane, Maharashtra, India |
| Maha Agricultural Products Private Limited | ₹42.82 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Sugam Bio Foods Private Limited | ₹42.8 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Udaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Square Meal by revenue in the Food and Beverages industry (Instant Foods), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Square Meal Private Limited
Square Meal Private Limited is audited by SREENIVASAN & GOVARDHAN for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SREENIVASAN & GOVARDHAN | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Square Meal Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Square Meal Private Limited
Open charges
₹6.63 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2023 | Axis Bank Limited | ₹48.9 Lakh | Open |
| 28 Sep 2021 | Indian Bank | ₹10 Lakh | Open |
| 28 Oct 2020 | Idbi Bank Limited | ₹2 Cr | Open |
| 30 Oct 2004 | Bank of Baroda | ₹2.02 Cr | Open |
| 30 Oct 2004 | Bank of Baroda | ₹2.02 Cr | Open |
Total charge records: 7 View all charges
Legal Cases of Square Meal Private Limited
Square Meal Private Limited has 3 court cases on record: 1 filed by Square Meal, 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed against the company by Stadler Corporation | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Stadler Corporation | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against GVCM Tradign Pvt. Ltd | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Square Meal Private Limited
Square Meal Private Limited has a workforce of 29 employees as of Mar 21, 2024.
Employee count
29
Active EPFO establishments
1
Employee growth
-6.45%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Square Meal Private Limited
Square Meal Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Hansel George Cabral was appointed as Director on 07 Oct 2003.
AGM
Square Meal Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Square Meal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 48.90 Lakh with Charge ID 100764441 was registered on 01 Aug 2023.
Charges
A charge with Indian Bank amounted to Rs. 10.00 Lakh with Charge ID 100491915 was registered on 28 Sep 2021.
Charges
A charge with Idbi Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100396423 was registered on 28 Oct 2020.
Charges
A charge registered on 29 Sep 2012 via Charge ID 10382258 with Ing Vysya Bank Limited was fully satisfied on 02 Dec 2019.
Charges
A charge registered on 24 Dec 2008 via Charge ID 10137567 with Indian Bank was fully satisfied on 12 Aug 2016.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 10382258 was registered on 29 Sep 2012.
Charges
A charge with Indian Bank amounted to Rs. 10.00 Lakh with Charge ID 10137567 was registered on 24 Dec 2008.
Charges
A charge with Bank Of Baroda amounted to Rs. 202.00 Lakh with Charge ID 90198501 was registered on 30 Oct 2004.
Charges
A charge with Bank Of Baroda amounted to Rs. 202.00 Lakh with Charge ID 90200962 was registered on 30 Oct 2004.
Appointed
Hansel George Cabral was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Square Meal Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Square Meal Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Square Meal Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Square Meal Private Limited
Square Meal has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS6402L1Z0 | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Square Meal Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Square Meal Private Limited
Square Meal is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 07 October 2003 (23+ years old) and is registered under CIN U51229KA2003PTC032681.
Square Meal reported revenue of ₹43.1 Cr for FY 2024 (down 21% YoY).
Square Meal has 2 current directors:
- Hansel George Cabral - Director
- Synora Cabral - Director
Square Meal reported a net profit of ₹7.55 Cr (net margin 17.5%) and EBITDA of ₹12.52 Cr (EBITDA margin 29%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Square Meal is 43% over three years and 17% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Square Meal is 29AAHCS6402L1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Square Meal is U51229KA2003PTC032681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Square Meal has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Square Meal was incorporated on 07 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Square Meal by revenue are United Agri Tech Pvt Ltd, Satidadi Agro Manufacturers Private Limited, Rochak Soya Private Limited, Kamlesh Tea Estate Private Limited, Ratan Agri Foods Private Limited and 5 more, all in the Food and Beverages industry (Instant Foods).
Hansel George Cabral was appointed as Director on 07 Oct 2003. Synora Cabral was appointed as Director on 07 Oct 2003.