Morton Foods Limited

Processes and markets canned fruits, vegetables, and food products.

2015 | Sitapur, Uttar Pradesh (India) | Active
Last Updated: June 26, 2024

Morton Foods Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 21.10 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.65 Cr
  • Revenue Growth -11.00%
  • Profit Growth -75.53%
  • Ebitda -28.20%
  • Net Worth 0.50%
  • Total Assets -2.30%

About Morton Foods

Morton Foods Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 19 March 2015 (Nine years and ten months 14 days old ). Its registered office is in Sitapur, Uttar Pradesh, India.

The Corporate was formerly known as Allahabad Canning 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 21.10 Cr.

The company currently has active open charges totaling ₹25.65 Cr.

The Key Managerial Personnel (KMP) at Morton Foods Limited India is Vikram Mishra as COMPANY SECRETARY. Shounak Mitra, Vinayak Kamath, Venugopal Chetlur, and Five other members serve as directors at the Company.

Company Details

  • Location

    Sitapur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15122UP2015PLC069645

  • Company No.

    069645

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2015

  • Date of AGM

    30 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Food and Beverages

What products or services does Morton Foods Limited offer?

Morton Foods Limited offers a wide range of products and services, including Pickles, Jams & Ketchups, Jam, Cooking Spices and Masala, Masala Mix, Fresh, Dried & Preserved Vegetables, Exotic Vegetables, Sauces, Flavours & Aromatics, Vinegar, Cereals & Food Grains.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vikram Mishra Country flag representing In Company Secretary03-Feb-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Urvi Nopany Country flag representing In Director 02-Nov-2021Current
Shounak Mitra Country flag representing In Director 27-Sep-2021Current
Vinayak Kamath Country flag representing In Director 27-Sep-2021Current
Venugopal Chetlur Country flag representing In Whole-Time Director 07-Feb-2020Current
Meena Jagtiani Country flag representing In Director 02-Nov-2021Current
Chand Patodia Country flag representing In Director 19-Mar-2015Current

Financial Performance of Morton Foods.

Morton Foods Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11% decrease. The company also saw a substantial fall in profitability, with a 75.53% decrease in profit. The company's net worth moved up by a moderate rise of 0.5%.

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
-11.00%
Revenue from Operations
-10.65%
Total Assets
-2.30%
Profit or Loss
-75.53%
Net Worth
0.50%
EBITDA
-28.20%

What is the Ownership and Shareholding Structure of Morton Foods?

In 2023, Morton Foods had a promoter holding of 69.34% and a public holding of 30.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.65 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 25.65 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2018Others₹25.65 CrOpen

How Many Employees Work at Morton Foods?

Unlock and access historical data on people associated with Morton 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 Morton 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 Morton 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 Morton Foods

Recent activity within the organization

  • Annual General Meeting

    Morton Foods Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.

    30 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Shounak Mitra was appointed as a Director was appointed as a Director on 27 Sep 2021 & has been associated with this company since 3 years 4 months .

    27 Sep 2021

  • Director Appointment

    Vinayak Vishwanath Kamath was appointed as a Director was appointed as a Director on 27 Sep 2021 & has been associated with this company since 3 years 4 months .

    27 Sep 2021

  • Charges

    A charge with Others of Rs. 25.65 Cr registered on 10 Jan 2018 with Charge ID 100150302 was modified on 26 Jul 2021.

    26 Jul 2021

  • Director Appointment

    Suresh Kumar Khandelia was appointed as a Director was appointed as a Director on 07 Feb 2020 & has been associated with this company since 4 years 11 months .

    07 Feb 2020

Frequently asked questions

  • Morton Foods Limited was incorporated on 19 Mar 2015.

  • The authorized share capital of Morton Foods Limited is ₹ 25.00 Cr and paid-up capital is ₹ 21.10 Cr.

  • Currently 9 directors are associated with Morton Foods Limited.

    • Shounak Mitra
    • Vinayak Vishwanath Kamath
    • Vikram Kumar Mishra
    • Venugopal Chetlur
    • Meena Jagtiani
    • Urvi Nopany
    • Chand Bihari Patodia
    • Suresh Kumar Khandelia
    • Chandra Shekhar Nopany
  • As per Ministry of Corporate Affairs (Mca), the registered address of Morton Foods Limited is P O Hargaon, Sitapur, Uttar Pradesh, India, 261121.

  • The corporate identification number (CIN) of Morton Foods Limited is U15122UP2015PLC069645 and the company number is 069645 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Morton Foods Limited is https://www.mortonindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Morton Foods Limited has fallen by -11.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Morton Foods Limited has experienced an upsurge of 0.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Morton Foods Limited amount to ₹ 25.65 Cr.

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

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