Kore Foods Limited

Food processing company specializing in cashew nuts, almonds, and pistachios with customized products for hotels and catering industry.

1983 | North Goa, Goa (India) | Active
Last Updated: July 03, 2024

Kore Foods Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.65 Cr
  • Company Age 42 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.95 Cr
  • Satisfied Charges ₹ 204.81 Cr
  • Revenue Growth -99.49%
  • Profit Growth -117.08%
  • Ebitda -20.07%
  • Net Worth -13.64%
  • Total Assets 37.20%

About Kore Foods

Kore Foods Limited (KFL) is a Public Limited Indian Non-Government Company incorporated in India on 20 January 1983 and has a history of 42 years. Its registered office is in North Goa, Goa, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500458.

The Corporate was formerly known as Phil Corporation Limited. 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 12.65 Cr.

The company currently has active open charges totaling ₹14.95 Cr. The company has closed loans amounting to ₹204.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kore Foods Limited India are Puja Joshi as COMPANY SECRETARY and Shalini Lobo as Cfo. Abdullah Fazalbhoy, Sayed Abbas, Kundapoor Bhat, and Three other members serve as directors at the Company.

Company Details

  • Location

    North Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L33208GA1983PLC000520

  • Company No.

    000520

  • Stock Symbol

    BSE : 500458

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1983

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Goa

Industry

Food and Beverages

What products or services does Kore Foods Limited offer?

Kore Foods Limited offers a wide range of products and services, including Snacks and Namkeen, Snack Foods, Roasted Snack, Roasted Nuts, Dry Fruits, Pistachio.

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

Executive Team (3)

Name Designation Appointment Date Status
Puja Joshi Company Secretary 16-Jul-2019 Current
Shalini Lobo Country flag representing In CFO 01-Nov-2017 Current
John Silveira Country flag representing In Managing Director 05-Jul-2017 Current

Board Members (5)

Name Designation Appointment Date Status
Abdullah Fazalbhoy Country flag representing Sg Director 20-Jan-1983 Current
Sayed Abbas Country flag representing In Director 29-Jan-2018 Current
Kundapoor Bhat Country flag representing In Director 25-Sep-2009 Current
Mona Dsouza Country flag representing In Director 01-Jun-2019 Current
Ganesh Shenoy Country flag representing In Director 29-May-2023 Current

Financial Performance of Kore Foods.

Kore Foods Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.49% decrease. The company also saw a substantial fall in profitability, with a 117.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.64%.

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
-99.49%
Revenue from Operations
Total Assets
37.20%
Profit or Loss
-117.08%
Net Worth
-13.64%
EBITDA
-20.07%

What is the Ownership and Shareholding Structure of Kore Foods?

In 2023, Kore Foods had a promoter holding of 50.32% and a public holding of 49.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.95 Cr

Satisfied Charges

₹204.81 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 7.95 Cr
  • Industrial Development Bank Of India : 4.00 Cr
  • Industrial Credit And Investment Corporation Of India Ltd. : 1.50 Cr
  • Industrial Credit And Investment Corpn. Of India Ltd. : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
25 Jan 2002 Canara Bank ₹5.20 Cr Open
19 May 1997 Industrial Development Bank Of India ₹4.00 Cr Open
12 Dec 1995 Industrial Credit And Investment Corporation Of India Ltd. ₹1.50 Cr Open
12 Dec 1995 Industrial Credit And Investment Corpn. Of India Ltd. ₹1.50 Cr Open
17 Jan 1994 Canara Bank ₹2.00 Cr Open

How Many Employees Work at Kore Foods?

Unlock and access historical data on people associated with Kore Foods, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kore 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 Kore 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 Kore Foods

Recent activity within the organization

  • Charges

    A charge registered on 31 May 1996 via Charge ID 90064973 with Economic Development Corpn. Of Goa Daman & Diu Ltd. was fully satisfied on 05 Feb 2024.

    05 Feb 2024

  • Charges

    A charge registered on 31 May 1996 via Charge ID 90065480 with Economic Development Corpn. Of Goa Daman & Diu Ltd. was fully satisfied on 05 Feb 2024.

    05 Feb 2024

  • Annual General Meeting

    Kore Foods Limited last Annual general meeting of members was held on 22 Aug 2023 as per latest MCA records.

    22 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 05 Mar 2015 via Charge ID 10569365 with Others was fully satisfied on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 05 Mar 2015 with Charge ID 10569365 was modified on 10 Dec 2020.

    10 Dec 2020

Frequently asked questions

  • Kore Foods Limited was incorporated on 20 Jan 1983.

  • The authorized share capital of Kore Foods Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.65 Cr.

  • Currently 8 directors are associated with Kore Foods Limited.

    • Abdullah Yousuf Ali Fazalbhoy
    • Puja Upendra Joshi
    • Shalini Rose Perpetua Lobo
    • Sayed Abbas
    • Kundapoor Damodar Bhat
    • Mona Paulina Dsouza
    • John Escolastico Silveira
    • Ganesh Shenoy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kore Foods Limited is Vision House Tivim Industrial Estate, Mapusa, Goa, India, 403526.

  • The corporate identification number (CIN) of Kore Foods Limited is L33208GA1983PLC000520 and the company number is 000520 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kore Foods Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Kore Foods Limited is https://www.korefoods.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kore Foods Limited has fallen by -99.49%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kore Foods Limited has experienced an downturn of -13.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kore Foods Limited amount to ₹ 14.95 Cr.

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

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