- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0034265

About Yaashkrishni Food Science Limited
Data last updated:
Yaashkrishni Food Science Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 10 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2008PLC183368. Its GSTIN is 27AAACY3474B1ZG (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Satish Vittal Shetty (Managing Director) and Krishni Satish Shetty (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 Plot No. R – 267 Ttc Industrial Area MIDC Rabale, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.49 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹9.92 Cr (net margin 11.3%) and EBITDA of ₹20.32 Cr (EBITDA margin 23.2%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 7% over five years.
The company is associated with 1 brand: Ribbons and Balloons. As per MCA filings, the company has open charges of ₹68.08 Cr and satisfied charges of ₹39.12 Cr on record. Court records list 22 cases involving the company, including 18 filed by the company and 4 filed against it; 15 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.05 Cr; the latest was in January 2024. Its 10 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 5 smaller; the largest is Apna Sweets (India) Private Limited with revenue of ₹91.06 Cr.
Yaashkrishni Food Science Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0034265). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ribbonsandballoons.com.
Company details
Recognitions & Rankings of Yaashkrishni Food Science
Contact details
Yaashkrishni Food Science Limited's registered office is in Navi Mumbai, Maharashtra. Its website is ribbonsandballoons.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. R – 267 Ttc Industrial Area MIDC Rabale, Navi Mumbai, Maharashtra, India – 400701
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Yaashkrishni Food Science 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
Brands
Yaashkrishni Food Science operates one associated brand: Ribbons and Balloons. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a chain of bakery cafes offering a variety of cakes and pastries. | ribbonsandballoons.com |
Business activity
The main business activity of Yaashkrishni Food Science 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 Yaashkrishni Food Science Limited, buy the company report.
Financials of Yaashkrishni Food Science Limited
FY 2024 filings availableYaashkrishni Food Science Limited reported revenue of ₹87.49 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 21% growth in the latest year. EBITDA rose 78% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹20.32 Cr | ||||
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| Net Profit (PAT) | ₹9.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 23.2% | ||||
| Net Profit Margin | 11.3% | ||||
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To see the full financial statements and ratios of Yaashkrishni Food Science Limited, buy the company report.
Board of directors and KMP of Yaashkrishni Food Science Limited
Yaashkrishni Food Science Limited currently reports 4 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishni Satish Shetty Also directs: Bharat Cafe Private Limited | Whole-Time Director | 05 Jul 2016 | 10 Years 4 Months | Current |
| Yash Satish Shetty Also directs: Bharat Cafe Private Limited | Ceo | 01 Mar 2024 | 2 Years 8 Months | Current |
| Mihir Laxman Ajgaonkar | Director | 20 Apr 2024 | 2 Years 6 Months | Current |
| Kamlesh Dave Chandrashekhar | Director | 20 Apr 2024 | 2 Years 6 Months | Current |
| Satish Vittal Shetty Also directs: Bharat Cafe Private Limited | Managing Director | 06 Jun 2014 | 12 Years 5 Months | Current |
Peer comparison
Yaashkrishni Food Science Limited is compared with the 10 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apna Sweets (India) Private Limited | ₹91.06 Cr (FY 2025) | -1.0% | Indore, Madhya Pradesh, India | |||
| L R Foods Private Limited | ₹90.9 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| NKKM Industries Private Limited | ₹90.27 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Madhur Confectioners Private Limited | ₹88.62 Cr (FY 2025) | -15.0% | Indore, Madhya Pradesh, India | |||
| V3s Foods and Beverages Private Limited | ₹87.81 Cr (FY 2025) | 59.0% | Delhi, India | |||
| Yaashkrishni Food Science Limitedthis company | ₹87.49 Cr (FY 2024) | ₹9.92 Cr | 11.3% | 21.0% | Navi Mumbai, Maharashtra, India | |
| Immaculatebites Private Limited | ₹87.28 Cr (FY 2025) | 62.0% | Mumbai, Maharashtra, India | |||
| Sri Mayur Biscuit Company Pvt. Ltd. | ₹87.12 Cr (FY 2024) | -55.0% | Baripada, Odisha, India | |||
| Alisha Snacks Private Limited | ₹86.21 Cr (FY 2025) | 12.0% | Nadiad, Gujarat, India | |||
| S.A. Snacks Private Limited | ₹85.42 Cr (FY 2024) | -2.0% | Surat, Gujarat, India | |||
| Italian Edibles Limited | ₹84.99 Cr (FY 2025) | 15.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Yaashkrishni Food Science Limited, buy the company report.
Auditor
Yaashkrishni Food Science Limited is audited by SHANKAR & KISHOR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKAR & KISHOR | FY 2023 | 112451W |
Shareholding
The shareholding of Yaashkrishni Food Science 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yaashkrishni Food Science Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2024 | 101033771 | Others | ₹11.8 Lakh | Open | |
| 10 Jul 2019 | 100275455 | Others | ₹5.5 Cr | Open | |
| 03 Jul 2019 | 100275441 | Others | ₹4.5 Cr | Open | |
| 03 Jul 2019 | 100275451 | Others | ₹6.62 Cr | Open | |
| 03 Jul 2019 | 100275462 | Others | ₹2.25 Cr | Open |
To see the full charge records of Yaashkrishni Food Science Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Yaashkrishni Food Science Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.05 Cr; the latest was in January 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Satish Shetty HUF, 2 individuals Seller: 3 individuals |
| Jul 2015 | Rights issue | ₹89.4 Lakh | Investors: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2010 | Funding round | ₹1.05 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Yaashkrishni Food Science Limited has 22 court cases on record: 18 filed by Yaashkrishni Food Science, 4 filed against it. 15 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 4 | 11 |
| High courts | 4 | 0 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CARBP) | Filed by the company against Tanash Food Products Private Limited | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed by the company against Tanash Food Products Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Prima Steels Pvt. Ltd. and 2 | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Tirumal Tirupati Infra Projects (P) Ltd., | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Rakesh Transformer Industries (P) Ltd. | Disposed |
To see the full case history of Yaashkrishni Food Science 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 Yaashkrishni Food Science Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yaashkrishni Food Science has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACY3474B1ZG | Maharashtra | Active | 01 Jul 2017 |
| 29AAACY3474B1ZC | Karnataka | Active | 25 Jan 2021 |
To see the full GST registrations and return filing status of Yaashkrishni Food Science Limited, buy the company report.
Recent activity
Yaashkrishni Food Science Limited has 12 board changes on record since 2013: 5 appointments and 7 cessations. The latest: Vinod Kumar Sharma ceased to be Director on 24 Jun 2025.
36 earlier events are in the company report.
News
Frequently asked questions
Yaashkrishni Food Science is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 10 June 2008 (18+ years old) and is registered under CIN U55101MH2008PLC183368.
Yaashkrishni Food Science has 5 current directors and KMP:
- Satish Vittal Shetty - Managing Director
- Krishni Satish Shetty - Whole-Time Director
- Mihir Laxman Ajgaonkar - Director
- Kamlesh Dave Chandrashekhar - Director
- Yash Satish Shetty - Ceo
The latest financial statements of Yaashkrishni Food Science 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 2015 are in the company report.
The GSTIN of Yaashkrishni Food Science is 27AAACY3474B1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACY3474B1ZC (Karnataka).
The CIN (Corporate Identification Number) of Yaashkrishni Food Science is U55101MH2008PLC183368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yaashkrishni Food Science has 22 court cases on record: 18 filed by the company and 4 filed against it. 15 are pending. Most are in the district courts.
Yaashkrishni Food Science was incorporated on 10 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Yaashkrishni Food Science has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.05 Cr; the latest was in January 2024.
The peers of Yaashkrishni Food Science by revenue are Apna Sweets (India) Private Limited, L R Foods Private Limited, NKKM Industries Private Limited, Madhur Confectioners Private Limited, V3s Foods and Beverages Private Limited and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Vinod Kumar Sharma ceased to be Director on 24 Jun 2025. Mihir Laxman Ajgaonkar ceased to be Director on 08 May 2025. Kamlesh Dave Chandrashekhar was appointed as Director on 20 Apr 2024. Yaashkrishni Food Science has 12 board changes on record in total.
Yes, Yaashkrishni Food Science is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0034265).

