About Tata Smartfoodz Limited
Data last updated:
Tata Smartfoodz Limited was a public limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Tata Consumer Products Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 16 November 2017.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U15549WB2017PLC265936. Its GSTIN is 19AAZCS4775L1Z3 (West Bengal). The company held 9 GST registrations, all of them active.
The company had an authorised share capital of ₹660 Cr and a paid-up capital of ₹659.5 Cr. It was formerly known as Smartfoodz Limited. It was led by directors including Punit Gupta and Ajit Sukumar Krishnakumar.
Its last annual general meeting (AGM) was held on 31 May 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.27 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹45.76 Cr (net margin -281.3%) and EBITDA of -₹26.11 Cr (EBITDA margin -160.5%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years and 174% over five years.
The company had about 59 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 17 deals on record (8 convertible or debt financings, 5 rights issues, 2 secondary share transfers), with disclosed funding of ₹461.5 Cr; the latest was in May 2023. Its 5 peer companies in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Foodimentary (India) Limited with revenue of ₹16.32 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 2 micro and small suppliers.
The last known website on record is tataq.com.
Company details
CIN history
Tata Smartfoodz has one previous CIN (Corporate Identification Number): U15549MH2017PLC301841. The current CIN is U15549WB2017PLC265936, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15549WB2017PLC265936 | Current |
| U15549MH2017PLC301841 | Previous |
Contact details
Tata Smartfoodz Limited's registered office is in Kolkata, West Bengal. Its website is tataq.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address302A 3rd Floor Elgin Chambers 1A Ashutosh Mukherjee Road, India, Kolkata, West Bengal, India – 700020
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Tata Smartfoodz 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
Business activity
The main business activity of Tata Smartfoodz 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 Tata Smartfoodz Limited, buy the company report.
Financials of Tata Smartfoodz Limited
FY 2023 filings availableTata Smartfoodz Limited reported revenue of ₹16.27 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 174% over five years, including 3% growth in the latest year. EBITDA rose 58% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹26.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45.76 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -160.5% | ||||
| Net Profit Margin | -281.3% | ||||
| 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 Tata Smartfoodz Limited, buy the company report.
Board of directors of Tata Smartfoodz Limited
Tata Smartfoodz has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Gupta | Director | 31 May 2022 | 4 Years 5 Months | As last reported |
| Ajit Sukumar Krishnakumar | Director | 16 Nov 2021 | 4 Years 11 Months | As last reported |
| Deepika Kaur Bhan | Director | 16 Nov 2021 | 4 Years 11 Months | As last reported |
Peer comparison
Tata Smartfoodz Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), 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 |
|---|---|---|---|---|---|---|
| Foodimentary (India) Limited | ₹16.32 Cr (FY 2024) | 1.0% | Pune, Maharashtra, India | |||
| Greenhouse and Hestoft Foods Private Limited | ₹16.29 Cr (FY 2019) | 57.0% | Delhi, India | |||
| Tata Smartfoodz Limitedthis company | ₹16.27 Cr (FY 2023) | -₹45.76 Cr | -281.3% | 3.0% | 59 | Kolkata, West Bengal, India |
| Hanuram Foods Private Limited | ₹16.25 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Kalpana Milkfoods Private Limited | ₹16.18 Cr (FY 2019) | 143.0% | Agra, Uttar Pradesh, India | |||
| Ritual Foods Private Limited | ₹16 Cr (FY 2025) | 1.0% | Delhi, India |
To see the full peer comparison of Tata Smartfoodz Limited, buy the company report.
Auditor
Tata Smartfoodz Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Tata Smartfoodz Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tata Smartfoodz Limited, buy the company report.
Deals & funding
Tata Smartfoodz Limited has 17 deals on record (8 convertible or debt financings, 5 rights issues, 2 secondary share transfers), with disclosed funding of ₹461.5 Cr; the latest was in May 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Rights issue | ₹119.91 Cr | Investors: Tata Consumer Products Limited |
| Jun 2022 | Rights issue | ₹41.51 Cr | Investors: Tata Consumer Products Limited |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Tata Consumer Products Limited , TATA Consumer Products Limited & Neelabja Chakrabarty, TATA Consumer Products Limited & Akram Jamal Seller: Tata Industries Limited , Tata Industries Limited & Ashish Gangrade, Tata Industries Limited & Mahendra Mandhana |
| Nov 2021 | Acquisition | ₹395 Cr | Buyer: Tata Consumer Products Limited Seller: Tata Industries Limited |
| Oct 2021 | Rights issue | ₹55.68 Cr | Investors: Tata Consumer Products Limited , Tata Industries Limited |
To see the full deal history of Tata Smartfoodz 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
Tata Smartfoodz Limited has 2 court cases on record: 2 filed by Tata Smartfoodz. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Tata Smartfoodz 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
Tata Smartfoodz Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rentokil Initial Hygiene India Private Limited |
To see the full MSME payment records of Tata Smartfoodz Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tata Smartfoodz Limited has a workforce of 59 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Tata Smartfoodz has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAZCS4775L1Z3 | West Bengal | Active | 27 Jun 2019 |
| 27AAZCS4775L1Z6 | Maharashtra | Active | 11 Jan 2018 |
| 27AAZCS4775L2Z5 | Maharashtra | Active | 19 Jan 2018 |
| 37AAZCS4775L1Z5 | Andhra Pradesh | Active | 13 Mar 2018 |
To see the full GST registrations and return filing status of Tata Smartfoodz Limited, buy the company report.
Recent activity
Tata Smartfoodz Limited has 12 board changes on record since 2018: 3 appointments and 9 cessations. The latest: Ajit Sukumar Krishnakumar ceased to be Additional Director on 29 Jul 2022.
3 earlier events are in the company report.
News
Frequently asked questions
Tata Smartfoodz has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Tata Smartfoodz was a public limited company based in Kolkata, West Bengal, India. The company worked in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 16 November 2017 and is registered under CIN U15549WB2017PLC265936. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Tata Smartfoodz was incorporated on 16 November 2017. It is registered with the Registrar of Companies, Kolkata.
Tata Smartfoodz had 3 directors:
- Punit Gupta - Director
- Ajit Sukumar Krishnakumar - Director
- Deepika Kaur Bhan - Director
The CIN (Corporate Identification Number) of Tata Smartfoodz is U15549WB2017PLC265936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tata Smartfoodz is at 302A 3rd Floor Elgin Chambers 1A Ashutosh Mukherjee Road, India, Kolkata, West Bengal, India – 700020.
Tata Smartfoodz can be reached through the website tataq.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Tata Smartfoodz on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 May 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Tata Smartfoodz is 19AAZCS4775L1Z3, registered in West Bengal. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 27AAZCS4775L1Z6 (Maharashtra), 27AAZCS4775L2Z5 (Maharashtra), 37AAZCS4775L1Z5 (Andhra Pradesh).
Tata Smartfoodz operated in the food and beverages industry, in the instant and ready-to-eat foods segment.
Tata Smartfoodz has 17 deals on record (8 convertible or debt financings, 5 rights issues, 2 secondary share transfers), with disclosed funding of ₹461.5 Cr; the latest was in May 2023.
The peers of Tata Smartfoodz by revenue are Foodimentary (India) Limited, Greenhouse and Hestoft Foods Private Limited, Hanuram Foods Private Limited, Kalpana Milkfoods Private Limited, Ritual Foods Private Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).
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