Savorit Food Industries Limited

Produces and trades wheat and wheat products, including biscuits, cookies, bread, and other bakery items.

1991 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 15, 2025

Savorit Food Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 4.21 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 46.59 Cr
  • Revenue Growth %
  • Profit Growth -259.98%
  • Ebitda -130.24%
  • Net Worth -86.45%
  • Total Assets -75.34%

About Savorit Food Industries

Savorit Food Industries Limited (SFIL) is Amalgamated company established on 06 Nov 1991 with its office registered at Chennai, Tamil Nadu, India and has been running since 33 Year, 2 Months with a paid up capital of 4.21 Cr. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15419TN1991PLC021647

  • Company No.

    021647

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1991

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

Who are the key members and board of directors at Savorit Food Industries?

Board Members (3)

Name Designation Appointment Date Status
Ramanatha Rao Country flag representing In Director 04-Feb-2011 Current
Murugesan Periyasamy Country flag representing In Director 06-Nov-1991 Current
Ravisankar Pungathur Country flag representing In Director 01-Jan-2003 Current

Financial Performance of Savorit Food Industries.

Savorit Food Industries Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 259.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 86.45%.

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
Revenue from Operations
Total Assets
-75.34%
Profit or Loss
-259.98%
Net Worth
-86.45%
EBITDA
-130.24%

What is the Ownership and Shareholding Structure of Savorit Food Industries?

In 2018, Savorit Food Industries 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

₹0

Satisfied Charges

₹46.59 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 38.09 Cr
  • Easyaccess Financial Services Limited : 7.50 Cr
  • Indian Overseas Bank : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
06 Jun 2014 Easyaccess Financial Services Limited ₹7.50 Cr Satisfied
27 Jan 2005 Indian Bank ₹38.09 Cr Satisfied
03 Sep 2001 Indian Overseas Bank ₹1.00 Cr Satisfied

How Many Employees Work at Savorit Food Industries?

Unlock and access historical data on people associated with Savorit Food Industries, 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 Savorit Food Industries, 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 Savorit Food Industries'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 Savorit Food Industries

Recent activity within the organization

  • Annual General Meeting

    Savorit Food Industries Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Savorit Food Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.

    31 Mar 2018

  • Charges

    A charge registered on 06 Jun 2014 via Charge ID 10505275 with Easyaccess Financial Services Limited was fully satisfied on 18 Jan 2017.

    18 Jan 2017

  • Charges

    A charge registered on 27 Jan 2005 via Charge ID 90281625 with Indian Bank was fully satisfied on 29 Mar 2016.

    29 Mar 2016

  • Charges

    A charge with Indian Bank of Rs. 38.09 Cr registered on 27 Jan 2005 with Charge ID 90281625 was modified on 04 Mar 2015.

    04 Mar 2015

  • Charges

    A charge with Easyaccess Financial Services Limited amounted to Rs. 7.50 Cr with Charge ID 10505275 was registered on 06 Jun 2014.

    06 Jun 2014

Frequently asked questions

  • Savorit Food Industries Limited was incorporated on 06 Nov 1991.

  • The authorized share capital of Savorit Food Industries Limited is ₹ 4.25 Cr and paid-up capital is ₹ 4.21 Cr.

  • Currently 3 directors are associated with Savorit Food Industries Limited.

    • Murugesan Periyasamy
    • Ramanatha Rao Narasinga Rao
    • Ravisankar Pungathur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savorit Food Industries Limited is New No.31 Lazarus Church Road R A Puram, India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Savorit Food Industries Limited is U15419TN1991PLC021647 and the company number is 021647 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2018 indicates that The net worth of Savorit Food Industries Limited has experienced an downturn of -86.45%.

  • The most recent Balance Sheet for Savorit Food Industries Limited was filed with the ROC on 31 Mar 2018.

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