Milkfood Profile
Key Indicators
- Authorised Capital ₹ 34.50 Cr
- Paid Up Capital ₹ 6.09 Cr
- Company Age 51 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 118.26 Cr
- Satisfied Charges ₹ 234.75 Cr
- Revenue Growth 47.45%
- Profit Growth 179.37%
- Ebitda 82.80%
- Net Worth 8.46%
- Total Assets 8.09%
About Milkfood
Milkfood Limited (ML) was founded in India on 31 March 1973 and has a glorious history of 51 years and ten months. Its registered office is in Patiala, Punjab, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507621.
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 34.50 Cr and a paid-up capital of Rs 6.09 Cr.
The company currently has active open charges totaling ₹118.26 Cr. The company has closed loans amounting to ₹234.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Milkfood Limited India are Mr Kothiala as CFO and Rakesh Thakur as Company Secretary. Anil Girotra, Namita Swain, Preeti Mathur, and Three other members serve as directors at the Company.
Company Details
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Location
Patiala, Punjab, 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
L15201PB1973PLC003746
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Company No.
003746
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Stock Symbol
BSE : 507621
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
31 Mar 1973
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Date of AGM
24 Aug 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Chandigarh
Industry
What products or services does Milkfood Limited offer?
Milkfood Limited offers a wide range of products and services, including Milk & Dairy Products, Milk Proteins, Pure Ghee, Milk Powder, Organic Cow Ghee, Full Cream Milk Powder, Dairy Products, Milk Food Pure Ghee.
Who are the key members and board of directors at Milkfood?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Thakur
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Company Secretary | 01-Mar-2015 | Current |
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Mr Kothiala
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CFO | 09-Jun-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Harmesh Sood
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Director | 29-Sep-2017 | Current |
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Anil Girotra
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Director | 28-Jun-2014 | Current |
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Namita Swain
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Director | 07-Jul-2023 | Current |
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Preeti Mathur
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Director | 29-Sep-2017 | Current |
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Sudhir Avasthi
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Director | 01-Jul-2021 | Current |
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Gita Bawa
|
Director | 30-May-2016 | Current |
Financial Performance of Milkfood.
Milkfood Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.45% increase. The company also saw a substantial improvement in profitability, with a 179.37% increase in profit. The company's net worth moved up by a moderate rise of 8.46%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Milkfood?
In 2023, Milkfood had a promoter holding of 50.11% and a public holding of 49.90%. The company had 1 Subsidiary. 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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Anyboli Labs Private LimitedHarmesh Sood is a mutual person
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Devyani Constructions Private LimitedHarmesh Sood is a mutual person
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Anjani Estates Limited
Gita Bawa is a mutual person
Charges (Loans)
₹118.26 Cr
₹234.75 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 82.88 Cr
- Others : 20.55 Cr
- Canara Bank : 14.83 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2023 | Others | ₹4.43 M | Open |
| 29 Oct 2023 | Others | ₹2.50 Cr | Open |
| 30 May 2023 | Others | ₹1.70 M | Open |
| 17 May 2023 | Others | ₹4.59 M | Open |
| 12 May 2023 | Others | ₹1.30 M | Open |
How Many Employees Work at Milkfood?
Milkfood has a workforce of 270 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Milkfood, 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 Milkfood'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.
