Adf Foods Limited

This company manufactures and distributes a variety of ethnic Indian food products globally.

1990 | Kheda, Gujarat (India) | Active
Last Updated: June 30, 2024

Adf Foods Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 22.35 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 113.12 Cr
  • Satisfied Charges ₹ 150.39 Cr
  • Revenue Growth 16.82%
  • Profit Growth 44.61%
  • Ebitda 44.06%
  • Net Worth 21.89%
  • Total Assets 19.23%

About Adf Foods

Adf Foods Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 August 1990 and has a history of 34 years and five months. Its registered office is in Kheda, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519183 and on the National Stock Exchange(NSE) under ADFFOODS.

The Corporate was formerly known as American Dry Fruits Pvt Ltd. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 22.35 Cr.

The company currently has active open charges totaling ₹113.12 Cr. The company has closed loans amounting to ₹150.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Adf Foods Limited India are Shardul Doshi as CFO and Shalaka Ovalekar as Company Secretary. Chandir Gidwani, Viren Merchant, Deepa Harris, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kheda, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adf-foods.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15400GJ1990PLC014265

  • Company No.

    014265

  • Stock Symbol

    BSE : 519183 NSE : ADFFOODS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1990

  • Date of AGM

    09 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

What products or services does Adf Foods Limited offer?

Adf Foods Limited offers a wide range of products and services, including Fresh, Dried & Preserved Fruits, Preserved Fruits, Fruit Pulp, Fresh, Dried & Preserved Vegetables, Frozen Vegetables, Cooking Spices and Masala, Cooking Paste, Garlic Paste, Pickles, Garlic Pickle.

Who are the key members and board of directors at Adf Foods?

Executive Team (3)

NameDesignationAppointment DateStatus
Shalaka Ovalekar Country flag representing In Company Secretary27-Oct-2010Current
Bimal Thakkar Country flag representing In Managing Director30-May-2003Current
Shardul Doshi Country flag representing In CFO14-Aug-2020Current

Board Members (7)

NameDesignationAppointment DateStatus
Ravinder Jain Country flag representing In Director 11-Oct-2007Current
Jay Mehta Country flag representing Gb Director 30-May-2003Current
Deepa Harris Country flag representing In Director 25-Mar-2020Current
Chandir Gidwani Country flag representing In Director 07-Feb-2020Current
Viren Merchant Country flag representing In Director 03-Nov-2005Current
Pheroze Mistry Country flag representing In Director 19-Sep-2023Current

Financial Performance of Adf Foods.

Adf Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.82% increase. The company also saw a substantial improvement in profitability, with a 44.61% increase in profit. The company's net worth Soared by an impressive increase of 21.89%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.82%
Revenue from Operations
17.00%
Total Assets
19.23%
Profit or Loss
44.61%
Net Worth
21.89%
EBITDA
44.06%

What is the Ownership and Shareholding Structure of Adf Foods?

In 2023, Adf Foods had a promoter holding of 36.50% and a public holding of 63.49%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹113.12 Cr

Satisfied Charges

₹150.39 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 110.00 Cr
  • State Bank Of Hyderabad : 3.12 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 1996State Bank Of India₹110.00 CrOpen
03 Nov 1952State Bank Of Hyderabad₹3.12 CrOpen
21 Nov 2016Others₹1.00 MSatisfied
01 Jun 2015Icici Bank Limited₹4.00 MSatisfied
20 Apr 2015Bmw India Financial Services Private Limited₹4.00 MSatisfied

How Many Employees Work at Adf Foods?

Adf Foods has a workforce of 354 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adf Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adf Foods's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Adf Foods

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 110.00 Cr registered on 14 Sep 1996 with Charge ID 90095952 was modified on 12 Mar 2024.

    12 Mar 2024

  • Director Appointment

    Pheroze Kersasp Mistry was appointed as a Director was appointed as a Director on 19 Sep 2023 & has been associated with this company since 1 year 5 months .

    19 Sep 2023

  • Annual General Meeting

    Adf Foods Limited last Annual general meeting of members was held on 09 Aug 2023 as per latest MCA records.

    09 Aug 2023

  • Balance Sheet

    Adf Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 12 Apr 1994 via Charge ID 90095878 with State Bank Of Bikaner & Jaipur Ind. Finance Branch was fully satisfied on 22 Sep 2022.

    22 Sep 2022

  • Charges

    A charge registered on 16 Mar 1993 via Charge ID 90094297 with State Bank Of Hyderabad was fully satisfied on 22 Sep 2022.

    22 Sep 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Adf Foods Limited was incorporated on 27 Aug 1990.

  • The authorized share capital of Adf Foods Limited is ₹ 25.00 Cr and paid-up capital is ₹ 22.35 Cr.

  • Currently 10 directors are associated with Adf Foods Limited.

    • Chandir Gobind Gidwani
    • Viren Ajitkumar Merchant
    • Deepa Misra Harris
    • Bimal Ramesh Thakkar
    • Jay Mahendra Mehta
    • Pheroze Kersasp Mistry
    • Ravinder Kumar Jain
    • Arjuun Guuha
    • Shardul Arvind Doshi
    • Shalaka Swapnil Ovalekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adf Foods Limited is 83/86 G I D C Industrial Area, Nadiad, Gujarat, India, 387001.

  • The corporate identification number (CIN) of Adf Foods Limited is L15400GJ1990PLC014265 and the company number is 014265 as per Ministry of Corporate Affairs (MCA).

  • Yes, Adf Foods Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ADFFOODS.

  • The Official website of Adf Foods Limited is https://www.adf-foods.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adf Foods Limited has risen by 16.82%.

  • As Per 2023 financial reports, 354 employees are currently employed by Adf Foods Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adf Foods Limited has experienced an upsurge of 21.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Adf Foods Limited amount to ₹ 113.12 Cr.

  • The most recent Balance Sheet for Adf Foods Limited was filed with the ROC on 31 Mar 2023.

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