About Warana Industries Limited
Data last updated:
Warana Industries Limited is a public limited company based in Kolhapur, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 30 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209MH1993PLC071414. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.54 Cr. It was formerly known as Warana Packaging Limited and Warana Packaging Private Limited. It is led by directors including Chitrasen Naganath Gulave (Managing Director) and Haridas Changdeo Jodave.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Gat No.169A Behind Chinmay Ganesh At&Post – Sambhapur Tal – Hatkangale Dist, Kolhapur, Maharashtra, India – 416122.
As per the financials filed for FY 2020, the company reported a revenue of ₹106.16 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹1.88 Cr (net margin 1.8%) and EBITDA of ₹8.52 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 21% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50.03 Cr and satisfied charges of ₹13.76 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waranaindustries.com.
Company details
Name history
Warana Industries has undergone 2 name changes throughout its history. The company was previously known as Warana Packaging Limited, and Warana Packaging Private Limited. The current legal name is Warana Industries Limited.
| Company Name | Status |
|---|---|
| Warana Industries Limited | Current |
| Warana Packaging Limited | Previous |
| Warana Packaging Private Limited | Previous |
Contact details
Warana Industries Limited's registered office is in Kolhapur, Maharashtra. Its website is waranaindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No.169A Behind Chinmay Ganesh At&Post – Sambhapur Tal – Hatkangale Dist, Kolhapur, Maharashtra, India – 416122
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Warana Industries 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 Warana Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Warana Industries Limited, buy the company report.
Financials of Warana Industries Limited
FY 2020 filings availableWarana Industries Limited reported revenue of ₹106.16 Cr (up 61% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 61% growth in the latest year. EBITDA rose 100% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹106.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.88 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Warana Industries Limited, buy the company report.
Board of directors of Warana Industries Limited
Warana Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haridas Changdeo Jodave Also directs: Sinagro Dairy Private Limited | Director | 20 Mar 2007 | 19 Years 7 Months | Current |
| Surekha Gulave Chitrasen | Director | 30 Mar 1993 | 33 Years 6 Months | Current |
| Chitrasen Naganath Gulave | Managing Director | 30 Mar 1993 | 33 Years 6 Months | Current |
Peer comparison
Warana Industries Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunder Agromills Private Limited | ₹107.06 Cr (FY 2017) | 105.0% | New Delhi, Delhi, India | |||
| Jai Parkash Solvent Pvt Ltd | ₹106.29 Cr (FY 2025) | -15.0% | Saffidon, Haryana, India | |||
| Warana Industries Limitedthis company | ₹106.16 Cr (FY 2020) | ₹1.88 Cr | 1.8% | 61.0% | 1 | Kolhapur, Maharashtra, India |
| Fincity Realtors Private Limited | ₹105.97 Cr (FY 2025) | 34.0% | Ludhiana, Punjab, India | |||
| Oswal Lumbers Pvt Ltd | ₹105.88 Cr (FY 2025) | 43.0% | Tal Gandhidham, Gujarat, India | |||
| Chetram Rice (India) Private Limited | ₹105.85 Cr (FY 2025) | 16.0% | Delhi, India | |||
| Vadakkedath Industries Private Limited | ₹105.44 Cr (FY 2024) | 115.0% | Meenachil, Kerala, India |
To see the full peer comparison of Warana Industries Limited, buy the company report.
Auditor
Warana Industries Limited is audited by NIKHIL DHADD & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKHIL DHADD & CO | FY 2020 | 129509W |
Shareholding
The shareholding of Warana Industries Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Warana Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2020 | 100335833 | Others | ₹1.5 Cr | Open | |
| 24 Jul 2019 | 100281553 | Others | ₹6.25 Cr | Open | |
| 08 Jun 2018 | 100191980 | Others | ₹17.5 Cr | Open | |
| 29 Jul 2017 | 100120929 | Others | ₹2 Cr | Open | |
| 14 Dec 2015 | 10611233 | Apana Sahakari Bank Ltd | ₹2 Cr | Open |
To see the full charge records of Warana Industries Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Warana Industries Limited has 11 court cases on record: 3 filed by Warana Industries, 8 filed against it. 4 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 4 |
| High courts | 5 | 3 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Rich Products and Solutions Pvt. Ltd Authorised Representative Nilesh Gaware | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Rich Products and Solutions Pvt. Ltd Authorised Representative Nilesh Gaware | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Brainer Impex Ltd. Raval Shah | Disposed |
| High Court, MAHARASHTRA | Court case (COMSS) | Filed against the company by Brainer Impex Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Elson Packaging Industries Pvt. Ltd. | Disposed |
To see the full case history of Warana Industries 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
No delayed payments to MSME suppliers are on our record for Warana Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Warana Industries Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Warana Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Warana Industries Limited, buy the company report.
Recent activity
Warana Industries Limited has 6 board changes on record since 1993: 3 appointments and 3 cessations. The latest: Girish Chitrasen Gulave ceased to be Director on 30 Mar 2018.
19 earlier events are in the company report.
Frequently asked questions
Warana Industries is an active public limited company based in Kolhapur, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 30 March 1993 (33+ years old) and is registered under CIN U25209MH1993PLC071414.
Warana Industries has 3 current directors:
- Chitrasen Naganath Gulave - Managing Director
- Haridas Changdeo Jodave - Director
- Surekha Gulave Chitrasen - Director
The latest financial statements of Warana Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Warana Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Warana Industries is U25209MH1993PLC071414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Warana Industries has 11 court cases on record: 3 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Warana Industries was incorporated on 30 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Warana Industries by revenue are Sunder Agromills Private Limited, Jai Parkash Solvent Pvt Ltd, Fincity Realtors Private Limited, Oswal Lumbers Pvt Ltd, Chetram Rice (India) Private Limited and 1 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Girish Chitrasen Gulave ceased to be Director on 30 Mar 2018. Ashok Popatlal Shah ceased to be Director on 17 May 2017. Manish Madhukar Mahajan ceased to be Director on 30 Mar 2014. Warana Industries has 6 board changes on record in total.
Warana Industries can be reached through the website waranaindustries.com. Its registered office is in Kolhapur, Maharashtra, India.
The registered office of Warana Industries is at Gat No.169A Behind Chinmay Ganesh At&Post – Sambhapur Tal – Hatkangale Dist, Kolhapur, Maharashtra, India – 416122.