Economic Food Solutions Private Limited logo

Economic Food Solutions Private Limited

Manufacturer and exporter of frozen foods, snacks, spices, and pickles with FDA and ISO compliance.
1999 | Ernakulam Dist, Kerala (India) | Active

Last Updated:

November 17, 2024
HomeCompanyEconomic Food Solutions Private Limited

Who are the key members and board of directors at Economic Food Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Cyriac Joseph InManaging Director21-Mar-2001Current

Board Members(2)

NameDesignationAppointment DateStatus
Binu Cyriac In Whole-Time Director 21-Mar-2001Current
Nick Cyriac In Whole-Time Director 30-Mar-2020Current

Financial Performance of Economic Food Solutions.

Economic Food Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.73% increase. The company also saw a substantial improvement in profitability, with a 32.49% increase in profit. The company's net worth Soared by an impressive increase of 11.63%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
11.73%
Revenue from Operations
10.78%
Total Assets
15.09%
Profit or Loss
32.49%
Net Worth
11.63%
EBITDA
2.65%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹60.83 M

₹10.00 M

LenderAmountStatus

Others

Creation Date: 30 Nov 2022
₹5.00 MOpen

Others

Creation Date: 31 Oct 2022
₹0.90 MOpen

Others

Creation Date: 31 Aug 2021
₹1.50 MOpen

How Many Employees Work at Economic Food Solutions?

Economic Food Solutions has a workforce of 21 employees as of Apr 09, 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.

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Latest Updates, News, and FAQs on Economic Food Solutions

Recent activity within the organization

  • Annual General Meeting

    Economic Food Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Economic Food Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100651634 was registered on 30 Nov 2022.

    30 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 0.90 M with Charge ID 100624810 was registered on 31 Oct 2022.

    31 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100484367 was registered on 31 Aug 2021.

    31 Aug 2021

  • Charges

    A charge with Yes Bank Limited of Rs. 23.57 M registered on 29 Jul 2015 with Charge ID 10598775 was modified on 08 Jul 2020.

    08 Jul 2020

Frequently asked questions

  • Economic Food Solutions Private Limited was incorporated on 10 Feb 1999.

  • The authorized share capital of Economic Food Solutions Private Limited is ₹ 8.50 M and paid-up capital is ₹ 8.23 M.

  • Currently 3 directors are associated with Economic Food Solutions Private Limited.

    • Binu Cyriac
    • Nick Joseph Cyriac
    • Cyriac Joseph
  • As per Ministry of Corporate Affairs (Mca), the registered address of Economic Food Solutions Private Limited is Door No 148/6 14Industrial Development Plot South Kalamassery India, Ernakulam Dist, Kerala, 683109.

  • The corporate identification number (CIN) of Economic Food Solutions Private Limited is U15499KL1999PTC012801 and the company number is 012801 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Economic Food Solutions Private Limited is https://www.efoodsolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Economic Food Solutions Private Limited has risen by 11.73%.

  • As Per 2023 financial reports, 21 employees are currently employed by Economic Food Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Economic Food Solutions Private Limited has experienced an upsurge of 11.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Economic Food Solutions Private Limited amount to ₹ 6.08 Cr.

  • The most recent Balance Sheet for Economic Food Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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