Milkfood Limited

Processes and sells various milk products, ISO certified, part of Jagatjit Group.

1973 | Patiala, Punjab (India) | Active
Last Updated:

Milkfood Profile

Key Indicators

  • Authorised Capital ₹ 34.50 Cr
  • Paid Up Capital ₹ 6.09 Cr
  • Company Age 51 Year, 11 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 11 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

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    milkfoodltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15201PB1973PLC003746

  • Company No.

    003746

  • Stock Symbol

    BSE : 507621

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1973

  • Date of AGM

    24 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

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)

NameDesignationAppointment DateStatus
Rakesh Thakur Country flag representing In Company Secretary01-Mar-2015Current
Mr Kothiala Country flag representing In CFO09-Jun-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Harmesh Sood Country flag representing In Director 29-Sep-2017Current
Anil Girotra Country flag representing In Director 28-Jun-2014Current
Namita Swain Country flag representing In Director 07-Jul-2023Current
Preeti Mathur Country flag representing In Director 29-Sep-2017Current
Sudhir Avasthi Country flag representing In Director 01-Jul-2021Current
Gita Bawa Country flag representing In Director 30-May-2016Current

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%.

Milkfood revenue growth over time
Milkfood 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
47.45%
Revenue from Operations
47.82%
Total Assets
8.09%
Profit or Loss
179.37%
Net Worth
8.46%
EBITDA
82.80%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹118.26 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
30 Nov 2023Others₹4.43 MOpen
29 Oct 2023Others₹2.50 CrOpen
30 May 2023Others₹1.70 MOpen
17 May 2023Others₹4.59 MOpen
12 May 2023Others₹1.30 MOpen

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.

Employee growth trends for Milkfood Limited

Deals i

Graph showing company valuation over time

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

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 Milkfood

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100824741 was registered on 30 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100809207 was registered on 29 Oct 2023.

  • Annual General Meeting

    Milkfood Limited last Annual general meeting of members was held on 24 Aug 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100730429 was registered on 30 May 2023.

  • Charges

    A charge with Others amounted to Rs. 0.46 Cr with Charge ID 100726400 was registered on 17 May 2023.

  • Charges

    A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100725235 was registered on 12 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Milkfood Limited?

    Milkfood Limited was incorporated on 31 Mar 1973.

  • What is authorized share capital and paid-up capital of Milkfood Limited?

    The authorized share capital of Milkfood Limited is ₹ 34.50 Cr and paid-up capital is ₹ 6.09 Cr.

  • Who are the current board members & directors of Milkfood Limited?

    Currently 8 directors are associated with Milkfood Limited.

    • Anil Girotra
    • Mr Sanjeev Kothiala
    • Namita Swain
    • Preeti Mathur
    • Harmesh Mohan Sood
    • Sudhir Avasthi
    • Gita Bawa
    • Rakesh Kumar Thakur

  • What is the registered address of Milkfood Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milkfood Limited is Bahadurgarh, Distt Patialala, Punjab, India, 147021.

  • What is the corporate identification number (CIN) and company number of Milkfood Limited?

    The corporate identification number (CIN) of Milkfood Limited is L15201PB1973PLC003746 and the company number is 003746 as per Ministry of Corporate Affairs (MCA).

  • Is Milkfood Limited registered with any stock exchange in India?

    Yes, Milkfood Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Milkfood Limited?

    The Official website of Milkfood Limited is https://www.milkfoodltd.com

  • What has been the recent revenue trend for Milkfood Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Milkfood Limited has risen by 47.45%.

  • How many employees does Milkfood Limited currently have?

    As Per 2023 financial reports, 270 employees are currently employed by Milkfood Limited.

  • What change has been observed in the net worth of Milkfood Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Milkfood Limited has experienced an upsurge of 8.46%.

  • What are the total open charges for Milkfood Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Milkfood Limited amount to ₹ 118.26 Cr.

  • When was the last Balance Sheet of Milkfood Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Dairy Products & Milk Processing