Vardhaman Bakers Private Limited

Vardhaman Bakers Private Limited - food and beverages in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U15100MP2019PTC050260 Incorporated 05 December 2019 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2024
₹13.73 Cr
▼ 1% YoY
Net profit · FY 2024
₹1.29 Cr
Net margin 9.4%
EBITDA · FY 2024
₹5.58 Cr
EBITDA margin 40.6%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.2 Cr
Issued & subscribed
Open charges
₹26 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
59
Provident fund records

About Vardhaman Bakers Private Limited

Data last updated:

Vardhaman Bakers Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 05 December 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15100MP2019PTC050260. Its GSTIN is 23AAHCV2086P1ZT (Madhya Pradesh).

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.2 Cr. It is led by directors including Dhananjay Tholia and Dhirendra Kasliwal.

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 Kh. No.67/2/2 Gram Solsinda Tehsil Sanwer, Indore, Madhya Pradesh, India – 453551.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.73 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 9.4%) and EBITDA of ₹5.58 Cr (EBITDA margin 40.6%).

The company has about 59 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹26 Cr on record.

Vardhaman Bakers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0006623).

Company details

CIN U15100MP2019PTC050260
Registration Number 050260
Incorporation Date 05 December 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-MP-23-0006623
Key People
Dhananjay Tholia Director Dhirendra Kasliwal Director Raunak Kasliwal Director

Recognitions & Rankings of Vardhaman Bakers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-23-0006623

Contact details

Vardhaman Bakers Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Kh. No.67/2/2 Gram Solsinda Tehsil Sanwer, Indore, Madhya Pradesh, India – 453551
  • Industry
    Food and Beverages, Bakery & Confectionery Products

To see the full contact details of Vardhaman Bakers Private Limited, buy the company report.

Comprehensive company report
Vardhaman Bakers 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 Vardhaman Bakers 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 Vardhaman Bakers Private Limited, buy the company report.

Financials of Vardhaman Bakers Private Limited

FY 2024 filings available

Vardhaman Bakers Private Limited reported revenue of ₹13.73 Cr (down 1% YoY) for FY 2024.

Revenue · FY 2024
₹13.73 Cr ▼ 1%
Net profit · FY 2024
₹1.29 Cr margin 9.4%
EBITDA · FY 2024
₹5.58 Cr margin 40.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
EBITDA CAGR growth
1 year
▼ 5%

Revenue fell 1% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹5.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.29 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin40.6%
Net Profit Margin9.4%
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 Vardhaman Bakers Private Limited, buy the company report.

Board of directors of Vardhaman Bakers Private Limited

Vardhaman Bakers has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhananjay TholiaDirector05 Dec 20196 Years 11 MonthsCurrent
Dhirendra Kasliwal
Also directs: Dhananjay Confectioneries Pvt Ltd, Sir Sarupchand Hukamchand Pvt Ltd
Director05 Dec 20196 Years 11 MonthsCurrent
Raunak Kasliwal
Also directs: Dhananjay Confectioneries Pvt Ltd, Varash Heavy Lifting LLP
Director05 Dec 20196 Years 11 MonthsCurrent
Ajay Tholia
Also directs: Tigerhill Agencies Private Limited, Salputri Financial Consultants Private Limited
Director05 Dec 20196 Years 11 MonthsCurrent
Jai Tholia
Also directs: Tigerhill Agencies Private Limited, Salputri Financial Consultants Private Limited
Director05 Dec 20196 Years 11 MonthsCurrent
View all directors

Peer comparison

Vardhaman Bakers 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shree Arika Foods Private Limited₹13.8 Cr (FY 2024)-4.0%Indore, Madhya Pradesh, India
Skynik Food Products Private Limited₹13.79 Cr (FY 2024)4.0%Kolkata, West Bengal, India
Super Snacks Private Limited₹13.77 Cr (FY 2025)-1.0%Delhi, India
Gokul Foods Private Limited₹13.74 Cr (FY 2025)39.0%Uttar Pradesh, India
Vardhaman Bakers Private Limitedthis company₹13.73 Cr (FY 2024)₹1.29 Cr9.4%-1.0%59Indore, Madhya Pradesh, India
Lao-More Biscuits Pvt Ltd₹13.51 Cr (FY 2025)12.0%Ahmedabad, Gujarat, India
Roopchand Mohanlal and Sons Private Limited₹13.51 Cr (FY 2024)62.0%Bikaner, Rajasthan, India
Shivangi Bakers Private Limited₹13.44 Cr (FY 2025)2.0%Khamgaon, Maharashtra, India
Flury S Swiss Confectionery Private Limited₹13.43 Cr (FY 2020)-49.0%Kolkata, West Bengal, India

To see the full peer comparison of Vardhaman Bakers Private Limited, buy the company report.

Auditor

Vardhaman Bakers Private Limited is audited by Anand Saklecha & Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Anand Saklecha & CompanyFY 2023433220

Shareholding

The shareholding of Vardhaman Bakers Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vardhaman Bakers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹26 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹26.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Aug 2020100369048Others₹26 CrOpen

To see the full charge records of Vardhaman Bakers Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Vardhaman Bakers Private Limited has 13 MSME Form 1 returns on record between 2021 and 2023, listing 133 overdue payments to 16 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 16)

SupplierAmount dueDue sinceReported on
Vardhaman Bakers Private Limited
an individual supplier
Flowwrap Technology Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Vardhaman Bakers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vardhaman Bakers Private Limited has a workforce of 59 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
59
Active EPFO establishments
1
Employee growth
18%

GST

Vardhaman Bakers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAHCV2086P1ZTMadhya PradeshActive21 Dec 2019

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

Recent activity

Vardhaman Bakers Private Limited has 5 board changes on record since 2019: 5 appointments. The latest: Ajay Tholia was appointed as Director on 05 Dec 2019.

AGM
Vardhaman Bakers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vardhaman Bakers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Others of Rs. 26.00 Cr registered on 27 Aug 2020 with Charge ID 100369048 was modified on 28 Aug 2020.
Charges
A charge with Others amounted to Rs. 26.00 Cr with Charge ID 100369048 was registered on 27 Aug 2020.
Appointed
Ajay Tholia was appointed as Director.
Appointed
Dhananjay Tholia was appointed as Director.
Appointed
Dhirendra Kasliwal was appointed as Director.
Appointed
Jai Tholia was appointed as Director.
Appointed
Raunak Kasliwal was appointed as Director.
Incorporation
05 Dec 2019
Vardhaman Bakers Private Limited was registered on 05 Dec 2019 with Roc Gwalior & aged 6 years 11 months as per MCA records.

Frequently asked questions

Vardhaman Bakers is an active private limited company based in Indore, Madhya Pradesh, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 05 December 2019 (7+ years old) and is registered under CIN U15100MP2019PTC050260.

Vardhaman Bakers has 5 current directors:

The latest financial statements of Vardhaman Bakers 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 2020 are in the company report.

The GSTIN of Vardhaman Bakers is 23AAHCV2086P1ZT, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Vardhaman Bakers is U15100MP2019PTC050260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vardhaman Bakers was incorporated on 05 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.

The peers of Vardhaman Bakers by revenue are Shree Arika Foods Private Limited, Skynik Food Products Private Limited, Super Snacks Private Limited, Gokul Foods Private Limited, Lao-More Biscuits Pvt Ltd 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).

Ajay Tholia was appointed as Director on 05 Dec 2019. Dhananjay Tholia was appointed as Director on 05 Dec 2019. Dhirendra Kasliwal was appointed as Director on 05 Dec 2019. Vardhaman Bakers has 5 board changes on record in total.

Yes, Vardhaman Bakers is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0006623).

Vardhaman Bakers has 13 MSME Form 1 returns on record between 2021 and 2023, listing 133 overdue payments to 16 micro and small suppliers. The latest return was filed on 19 Dec 2023.

The registered office of Vardhaman Bakers is at Kh. No.6722 Gram Solsinda Tehsil Sanwer, Indore, Madhya Pradesh, India – 453551.

Vardhaman Bakers operates in the food and beverages industry, in the bakery and confectionery products segment.