Terraserve Foods Private Limited

Terraserve Foods Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U15209KA2017PTC099462 Incorporated 27 January 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company food and beverages MSME · Small
Revenue · FY 2025
₹34.53 Cr
▲ 10% YoY
Net profit · FY 2025
₹1.19 Cr
Net margin 3.5%
EBITDA · FY 2025
₹4.19 Cr
EBITDA margin 12.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹30.31 Cr
Satisfied ₹3.1 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
25
Provident fund records

About Terraserve Foods Private Limited

Data last updated:

Terraserve Foods 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 27 January 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15209KA2017PTC099462. Its GSTIN is 29AAGCT1138H1ZA (Karnataka).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Rajanna Surendra (Managing Director) and Kalegowda Shesha (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹34.53 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 3.5%) and EBITDA of ₹4.19 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 21% over five years.

The company has about 25 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Dhruti Masala. As per MCA filings, the company has open charges of ₹30.31 Cr and satisfied charges of ₹3.1 Cr on record. Court records list 92 cases involving the company, including 89 filed by the company and 3 filed against it; 33 cases are pending.

Terraserve Foods Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0006282). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhrutimasala.in.

Company details

CIN U15209KA2017PTC099462
Registration Number 099462
Incorporation Date 27 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0006282

Recognitions & Rankings of Terraserve Foods

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0006282

Contact details

Terraserve Foods Private Limited's registered office is in Bangalore, Karnataka. Its website is dhrutimasala.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No. 9/4 Yerrappa Industrial Area Channenahalli Seegehalli Road Tavareke, Re Hobli, Bangalore, Karnataka, India – 562130
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Terraserve Foods Private Limited, buy the company report.

Comprehensive company report
Terraserve 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

Terraserve Foods operates one associated brand: Dhruti Masala. Each brand links to its own profile.

BrandDescriptionWebsite
Dhruti Masala is a brand specializing in high-quality spices for consumer markets.dhrutimasala.in

Business activity

The main business activity of Terraserve Foods is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Terraserve Foods Private Limited, buy the company report.

Financials of Terraserve Foods Private Limited

FY 2024 filings available

Terraserve Foods Private Limited reported revenue of ₹34.53 Cr (up 10% YoY) for FY 2025.

Revenue · FY 2025
₹34.53 Cr ▲ 10%
Net profit · FY 2025
₹1.19 Cr margin 3.5%
EBITDA · FY 2025
₹4.19 Cr margin 12.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 15%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 53%
5 years · compounded
▲ 43%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 10% growth in the latest year. EBITDA rose 64% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.19 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.19 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.1%
Net Profit Margin3.5%
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

To see the full financial statements and ratios of Terraserve Foods Private Limited, buy the company report.

Board of directors of Terraserve Foods Private Limited

Terraserve Foods has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kalegowda SheshaWhole-Time Director03 Feb 20179 Years 9 MonthsCurrent
Rajanna SurendraManaging Director27 Jan 20179 Years 9 MonthsCurrent
Surendra VismayaAdditional Director06 Mar 20251 Years 8 MonthsCurrent

Peer comparison

Terraserve Foods Private 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Katdare Food Products Private Limited₹35.18 Cr (FY 2024)20.0%Satara, Maharashtra, India
Rebala Nutri Foodee Private Limited₹34.71 Cr (FY 2024)25.0%Namakkal, Tamil Nadu, India
Terraserve Foods Private Limitedthis company₹34.53 Cr (FY 2025)₹1.19 Cr3.5%10.0%25Bangalore, Karnataka, India
Shree Sarvamayee Products Private Limited₹34.36 Cr (FY 2024)107.0%Shillong, Meghalaya, India
Sawaliya Food Products Limited₹34.29 Cr (FY 2025)46.0%Dhar, Madhya Pradesh, India
Astron Multigrain Limited₹33.92 Cr (FY 2025)28.0%Chordi, Gujarat, India

To see the full peer comparison of Terraserve Foods Private Limited, buy the company report.

Auditor

Terraserve Foods Private Limited is audited by Chandrakala Ajaykumar for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Chandrakala AjaykumarFY 2023219284

Shareholding

The shareholding of Terraserve 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Terraserve Foods Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30.31 Cr
Satisfied charges
₹3.1 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹17.93 Cr
Others₹12.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 May 2025101104818Hdfc Bank Limited₹17.93 CrOpen
19 Mar 2024100893706Others₹11.7 CrOpen
06 Feb 2019100239135Others₹68 LakhOpen
16 Jul 2021100460342Axis Bank Limited₹1 CrSatisfied
16 Mar 2020100331146Axis Bank Limited₹2.1 CrSatisfied

To see the full charge records of Terraserve Foods Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Terraserve Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Terraserve Foods Private Limited has a workforce of 25 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.

Employee count
25
Active EPFO establishments
1
Employee growth
-26.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2725
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19

To see the full employee and EPFO history of Terraserve Foods Private Limited, buy the company report.

GST

Terraserve Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCT1138H1ZAKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Terraserve Foods Private Limited, buy the company report.

Recent activity

Terraserve Foods Private Limited has 28 board changes on record since 2017: 3 appointments and 25 cessations. The latest: Surendra Vismaya was appointed as Additional Director on 06 Mar 2025.

Charges
A charge with Hdfc Bank Limited of Rs. 17.93 Cr registered on 20 May 2025 with Charge ID 101104818 was modified on 01 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.93 Cr with Charge ID 101104818 was registered on 20 May 2025.
Appointed
Surendra Vismaya was appointed as Additional Director.
AGM
Terraserve Foods Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 11.70 Cr registered on 19 Mar 2024 with Charge ID 100893706 was modified on 05 Jul 2024.
Charges
A charge registered on 16 Mar 2020 via Charge ID 100331146 with Axis Bank Limited was fully satisfied on 28 May 2024.
Filing
Terraserve Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 11.70 Cr with Charge ID 100893706 was registered on 19 Mar 2024.
Charges
A charge registered on 16 Jul 2021 via Charge ID 100460342 with Axis Bank Limited was fully satisfied on 11 Oct 2023.
Ceased
Ramesha ceased to be Whole-Time Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100460342 was registered on 16 Jul 2021.
Charges
A charge with Axis Bank Limited of Rs. 2.10 Cr registered on 16 Mar 2020 with Charge ID 100331146 was modified on 29 May 2021.

30 earlier events are in the company report.

Frequently asked questions

Terraserve Foods 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 27 January 2017 (9+ years old) and is registered under CIN U15209KA2017PTC099462.

Terraserve Foods has 3 current directors:

The latest financial statements of Terraserve Foods on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Terraserve Foods is 29AAGCT1138H1ZA, registered in Karnataka.

The CIN (Corporate Identification Number) of Terraserve Foods is U15209KA2017PTC099462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Terraserve Foods has 92 court cases on record: 89 filed by the company and 3 filed against it. 33 are pending.

Terraserve Foods was incorporated on 27 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Terraserve Foods by revenue are Katdare Food Products Private Limited, Rebala Nutri Foodee Private Limited, Shree Sarvamayee Products Private Limited, Sawaliya Food Products Limited, Astron Multigrain Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).

Surendra Vismaya was appointed as Additional Director on 06 Mar 2025. Ramesha ceased to be Whole-Time Director on 13 Jul 2022. Rekhashree Varadaiah Mayasandra ceased to be Director on 10 Sep 2018. Terraserve Foods has 28 board changes on record in total.

Yes, Terraserve Foods is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0006282).

Terraserve Foods can be reached through the website dhrutimasala.in. Its registered office is in Bangalore, Karnataka, India.