Budget Foods Private Limited

Imports, exports, and sells various goods on retail and wholesale basis in India and abroad.

2018 | Kozhikode, Kerala (India) | Active
Last Updated: December 05, 2024

Budget Foods Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 47.61%
  • Profit Growth 204.51%
  • Ebitda 162.92%
  • Net Worth 33.09%
  • Total Assets 15.18%

About Budget Foods

Budget Foods Private Limited (BFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2018 (Six years and seven months 22 days old ). Its registered office is in Kozhikode, Kerala, India.

The Company is engaged in the Trading 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 5.00 M and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kunhiabdulla Parambath, Siddique Palollathil, Jamal Kunhiparambath, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nestogroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52110KL2018PTC053925

  • Company No.

    053925

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Trading

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

Board Members (6)

NameDesignationAppointment DateStatus
Kunhiabdulla Parambath Country flag representing In Director 05-Jul-2018Current
Siddique Palollathil Country flag representing Ae Director 04-Apr-2019Current
Jamal Kunhiparambath Country flag representing Ae Director 04-Apr-2019Current
Palollathil Muneer Country flag representing In Director 23-May-2020Current
Asif Country flag representing In Director 08-Apr-2021Current
Noufal Kunchiparambath Country flag representing In Director 05-Jul-2018Current

Financial Performance of Budget Foods.

Budget Foods Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.61% increase. The company also saw a substantial improvement in profitability, with a 204.51% increase in profit. The company's net worth Soared by an impressive increase of 33.09%.

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
47.61%
Revenue from Operations
46.89%
Total Assets
15.18%
Profit or Loss
204.51%
Net Worth
33.09%
EBITDA
162.92%

What is the Ownership and Shareholding Structure of Budget Foods?

In 2022, Budget Foods had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Budget Foods?

Budget Foods has a workforce of 202 employees as of Apr 04, 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 Budget 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 Budget 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 Budget Foods

Recent activity within the organization

  • Annual General Meeting

    Budget Foods Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Budget Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Director Appointment

    Asif was appointed as a Director was appointed as a Director on 08 Apr 2021 & has been associated with this company since 3 years 10 months .

    08 Apr 2021

  • Director Appointment

    Palollathil Muneer was appointed as a Director was appointed as a Director on 23 May 2020 & has been associated with this company since 4 years 9 months .

    23 May 2020

  • Director Appointment

    Siddique Palollathil was appointed as a Director was appointed as a Director on 04 Apr 2019 & has been associated with this company since 5 years 10 months .

    04 Apr 2019

  • Director Appointment

    Jamal Kunhiparambath was appointed as a Director was appointed as a Director on 04 Apr 2019 & has been associated with this company since 5 years 10 months .

    04 Apr 2019

Frequently asked questions

  • Budget Foods Private Limited was incorporated on 05 Jul 2018.

  • The authorized share capital of Budget Foods Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 6 directors are associated with Budget Foods Private Limited.

    • Kunhiabdulla Kunhi Parambath
    • Siddique Palollathil
    • Jamal Kunhiparambath
    • Palollathil Muneer
    • Asif
    • Noufal Kunchiparambath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Budget Foods Private Limited is Nesto Management Office 2/1149 G17 Hilite Mall City Thondayadu Bypass, Kozhikod E India, Kozhikode, Kerala, 673014.

  • The corporate identification number (CIN) of Budget Foods Private Limited is U52110KL2018PTC053925 and the company number is 053925 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Budget Foods Private Limited is https://www.nestogroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Budget Foods Private Limited has risen by 47.61%.

  • As Per 2022 financial reports, 202 employees are currently employed by Budget Foods Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Budget Foods Private Limited has experienced an upsurge of 33.09%.

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