Parakh Foods And Oils Limited

Agro-based product manufacturer and distributor, part of Parakh Group.

1993 | Pune, Maharashtra (India) | Active
Last Updated:

Parakh Foods And Oils Profile

Key Indicators

  • Authorised Capital ₹ 8.25 Cr
  • Paid Up Capital ₹ 4.80 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 595.80 Cr
  • Satisfied Charges ₹ 136.31 Cr
  • Revenue Growth -27.45%
  • Profit Growth -191.70%
  • Ebitda -90.63%
  • Net Worth -7.52%
  • Total Assets 5.01%

About Parakh Foods And Oils

Parakh Foods And Oils Limited (PFAOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 March 1993 and has a history of 31 years and 11 months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Parakh Oils Ltd. 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 8.25 Cr and a paid-up capital of Rs 4.80 Cr.

The company currently has active open charges totaling ₹595.80 Cr. The company has closed loans amounting to ₹136.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parakh Foods And Oils Limited India is Prasad Nene as COMPANY SECRETARY. Prakash Parakh, Kaushik Kothari, Mahendra Lunawat, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parakhgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15142PN1993PLC071164

  • Company No.

    071164

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Food and Beverages

What products or services does Parakh Foods And Oils Limited offer?

Parakh Foods And Oils Limited offers a wide range of products and services, including Bakery & Confectionery Products, Muffin & Cupcakes, Ready to Eat & Instant Food Mixes, Ready to Eat Food.

Who are the key members and board of directors at Parakh Foods And Oils?

Executive Team (2)

NameDesignationAppointment DateStatus
Prakash Parakh Country flag representing In Managing Director01-Feb-2009Current
Prasad Nene Country flag representing In Company Secretary11-Apr-2019Current

Board Members (9)

NameDesignationAppointment DateStatus
Kaushik Kothari Country flag representing In Director 10-Oct-2016Current
Mahendra Lunawat Country flag representing In Whole-Time Director 17-Mar-2016Current
Swapnil Kothari Country flag representing In Director 10-Oct-2016Current
Sanjay Kulkarni Country flag representing In Additional Director 04-May-2024Current
Akash Parakh Country flag representing In Whole-Time Director 17-Mar-2016Current
Manojkumar Gandhi Country flag representing In Whole-Time Director 19-Jun-2014Current

Financial Performance of Parakh Foods And Oils.

Parakh Foods And Oils Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.45% decrease. The company also saw a substantial fall in profitability, with a 191.7% decrease in profit. The company's net worth dipped by a decrease of 7.52%.

Parakh Foods And Oils revenue growth over time
Parakh Foods And Oils 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
-27.45%
Revenue from Operations
-27.44%
Total Assets
5.01%
Profit or Loss
-191.70%
Net Worth
-7.52%
EBITDA
-90.63%

What is the Ownership and Shareholding Structure of Parakh Foods And Oils?

In 2023, Parakh Foods And Oils had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹595.80 Cr

Satisfied Charges

₹136.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 303.03 Cr
  • Hdfc Bank Limited : 292.77 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2020Hdfc Bank Limited₹2.07 CrOpen
04 Feb 2020Hdfc Bank Limited₹6.70 MOpen
30 Jan 2020Hdfc Bank Limited₹9.25 MOpen
09 Aug 2019Others₹2.35 MOpen
16 Nov 2018Hdfc Bank Limited₹2.46 MOpen

How Many Employees Work at Parakh Foods And Oils?

Parakh Foods And Oils has a workforce of 169 employees as of Mar 31, 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 Parakh Foods And Oils Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parakh Foods And Oils, 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 Parakh Foods And Oils'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 Parakh Foods And Oils

Recent activity within the organization

  • Director Appointment

    Sanjay Vasantrao Kulkarni was appointed as a Additional Director was appointed as a Additional Director on 04 May 2024 & has been associated with this company since 9 months 28 days .

  • Charges

    A charge registered on 05 Dec 2017 via Charge ID 100143647 with Hdfc Bank Limited was fully satisfied on 03 Nov 2023.

  • Annual General Meeting

    Parakh Foods And Oils Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 29 Jun 2020 via Charge ID 100347840 with Standard Chartered Bank was fully satisfied on 18 Aug 2023.

  • Balance Sheet

    Parakh Foods And Oils Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with Standard Chartered Bank of Rs. 85.00 Cr registered on 29 Jun 2020 with Charge ID 100347840 was modified on 08 Sep 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Parakh Foods And Oils Limited?

    Parakh Foods And Oils Limited was incorporated on 17 Mar 1993.

  • What is authorized share capital and paid-up capital of Parakh Foods And Oils Limited?

    The authorized share capital of Parakh Foods And Oils Limited is ₹ 8.25 Cr and paid-up capital is ₹ 4.80 Cr.

  • Who are the current board members & directors of Parakh Foods And Oils Limited?

    Currently 11 directors are associated with Parakh Foods And Oils Limited.

    • Prakash Harakchand Parakh
    • Kaushik Nitin Kothari
    • Mahendra Deepchand Lunawat
    • Prasad Prafulla Nene
    • Swapnil Nitin Kothari
    • Sanjay Vasantrao Kulkarni
    • Akash Prakash Parakh
    • Manojkumar Shantilal Gandhi
    • Manoj Vijaylal Muttha
    • Satyasrinivasa Prasad Maddipatla
    • Asha Prakash Parakh

  • What is the registered address of Parakh Foods And Oils Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parakh Foods And Oils Limited is 6Th Floor Parakh House Final Plot No.255 Cts No.1 Boat Club R, OadPune, Maharashtra, India, 411001.

  • What is the corporate identification number (CIN) and company number of Parakh Foods And Oils Limited?

    The corporate identification number (CIN) of Parakh Foods And Oils Limited is U15142PN1993PLC071164 and the company number is 071164 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parakh Foods And Oils Limited?

    The Official website of Parakh Foods And Oils Limited is https://www.parakhgroup.in

  • What has been the recent revenue trend for Parakh Foods And Oils Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parakh Foods And Oils Limited has fallen by -27.45%.

  • How many employees does Parakh Foods And Oils Limited currently have?

    As Per 2023 financial reports, 169 employees are currently employed by Parakh Foods And Oils Limited.

  • What change has been observed in the net worth of Parakh Foods And Oils Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Parakh Foods And Oils Limited has experienced an downturn of -7.52%.

  • What are the total open charges for Parakh Foods And Oils Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Parakh Foods And Oils Limited amount to ₹ 595.80 Cr.

  • When was the last Balance Sheet of Parakh Foods And Oils Limited filed with the ROC?

    The most recent Balance Sheet for Parakh Foods And Oils Limited was filed with the ROC on 31 Mar 2023.

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