Fortune Foods Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.36 Cr
- Company Age 35 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.60 M
- Satisfied Charges ₹ 4.80 Cr
- Revenue Growth 33.14%
- Profit Growth -70.90%
- Ebitda 754.74%
- Net Worth 4.29%
- Total Assets -23.49%
About Fortune Foods
Fortune Foods Limited (FFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 March 1989 and has a history of 35 years and ten months. Its registered office is in Nashik, Maharashtra, India.
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 5.00 Cr and a paid-up capital of Rs 4.36 Cr.
The company currently has active open charges totaling ₹1.60 M. The company has closed loans amounting to ₹4.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fortune Foods Limited India is Amir Shaikh as COMPANY SECRETARY. Shailesh Gupta, Manju Gupta, Balkrishna Jamdade, and One other member serve as directors at the Company.
Company Details
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Location
Nashik, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U01511MH1989PLC186682
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Company No.
186682
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Mar 1989
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Fortune Foods?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amir Shaikh | Company Secretary | 16-Apr-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shailesh Gupta
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Whole-Time Director | 10-Oct-1997 | Current |
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Manju Gupta
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Director | 25-Oct-2015 | Current |
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Balkrishna Jamdade
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Director | 26-Oct-2012 | Current |
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Mansaram Ahire
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Director | 26-Oct-2012 | Current |
Financial Performance of Fortune Foods.
Fortune Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.14% increase. The company also saw a substantial fall in profitability, with a 70.9% decrease in profit. The company's net worth moved up by a moderate rise of 4.29%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Fortune Foods?
In 2023, Fortune Foods had a promoter holding of 14.37% and a public holding of 85.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Ffl Agro Private LimitedShailesh Gupta and Manju Gupta are mutual person
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Ffl Marketing Private Limited
Shailesh Gupta and Manju Gupta are mutual person
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Tigrania Metals Private Limited
Shailesh Gupta and Manju Gupta are mutual person
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Banganga Paper Mills Limited
Amir Shaikh is a mutual person
Charges (Loans)
₹0.16 Cr
₹4.80 Cr
Charges Breakdown by Lending Institutions
- Parle Agro Pvt. Ltd. : 0.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2002 | Parle Agro Pvt. Ltd. | ₹1.60 M | Open |
| 09 Sep 1993 | Union Bank Of India | ₹2.80 Cr | Satisfied |
| 22 May 1992 | Industrial Development Bank Of India | ₹2.00 Cr | Satisfied |
How Many Employees Work at Fortune Foods?
Fortune Foods has a workforce of 7 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortune 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 Fortune Foods's trajectory.
Rating
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
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.
