Company Intelligence Profile
Foods And Inns Limited
Foods and Inns Limited (F&IL), incorporated in 1967, is a USDA/FDA-certified processor and exporter of processed fruit and vegetable products, and is described (on its own website) as one of the largest mango pulp processors in India.
Last updated 20 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Foods And Inns Limited |
|---|---|
| CIN | L55200MH1967PLC013837 |
| PAN | AAACF0521C |
| Status | Active |
| Listing | Yes — listed on both NSE (symbol: FOODSIN) and BSE (scrip code: 507552) |
| Incorporated | 11 October 1967 |
| ROC | RoC-Mumbai / Maharashtra |
| Sector (NIC) | Food Processing / Food & Beverages — manufacture of processed fruit pulps, purees, concentrates and frozen vegetables. Tofler classifies industry as "Hotels & Restaurants / Food Processing" |
| Registered address | Udyog Bhavan, 2nd Floor, 29 Walchand Hirachand Marg, Ballard Estate, Mumbai, Maharashtra 400038 |
| Authorized capital | ₹19.0 Cr |
| Paid-up capital | ₹7.34–7.35 Cr |
Business Overview
Confirmed- Foods and Inns Limited (F&IL), incorporated in 1967, is a USDA/FDA-certified processor and exporter of processed fruit and vegetable products, and is described (on its own website) as one of the largest mango pulp processors in India
- Product lines include aseptic and non-aseptic fruit pulps/purees/concentrates, spray-dried powders, canned fruit purees, IQF (individually quick frozen) fruits and vegetables, frozen flatbreads/snacks, and spices, sold under owned brands Madhu (fruit pulps), Green Top / Greentop Tetra Recart (IQF vegetables), Kusum (spices) and Tri Global (frozen snacks)
- The company operates 7 integrated processing plants with laboratories, storage and logistics infrastructure
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Bhupendra Champaklal Dalal | 00061492 | Chairperson, DIN 00061492 director since 2008, 18 yrs tenure per Tofler | - |
| Milan Bhupendra Dalal | 00062453 | Managing Director, DIN 00062453 since 2006, 20 yrs tenure | - |
| Raymond Simkins | 01573312 | Director, DIN 01573312 since ~1995, 31 yrs tenure | - |
| Maneck Eruch Davar | 01990326 | Director, DIN 01990326 since 2019, 7 yrs | - |
| Hormazdiyaar Shiavax Vakil | 00060835 | Director, DIN 00060835 since 2018, 8 yrs | - |
| Sanjay Dattatraya Naik | 10382124 | Director, DIN 10382124 since 2023, 3 yrs | - |
| Adityapuram Venkatraman Seshadrinathan | 00854359 | Director, DIN 00854359 since 2023, 3 yrs | - |
| Karishma Bhalla | 08729754 | Director, DIN 08729754 since 2023, 3 yrs. Confirmed: full slate and DINs cross-agree between Tofler and TheCompanyCheck. | - |
Financials
Partial / conflictingTwo independent sources give figures for the same period (FY ending March 2026 / "FY 2025-26") that are directionally consistent but numerically non-identical — flagged as a source conflict, likely due to differing cut-off dates or provisional vs. final numbers: • Screener.in (FY2025-26, ending Mar 2026): Revenue ₹850 Cr; Operating Profit ₹101 Cr; Net Profit ₹31 Cr; EPS ₹4.26; Net Worth ₹573 Cr (Equity ₹7 Cr + Reserves ₹566 Cr); Total Borrowings ₹420 Cr; Total Assets ₹1,289 Cr; Operating Margin 12%; ROE 6%; ROCE 9%. Q1 FY2026-27 (Jun 2026): Sales ₹152.38 Cr, Operating Profit ₹19.70 Cr, Net Profit ₹4.18 Cr, EPS ₹0.57. • TheCompanyCheck ("FY2026"): Revenue ₹868.02 Cr (↓12.5% YoY); EBITDA (computed) ₹112.15 Cr (↓12.96%); Net Profit ₹27.69 Cr (↓33.96%); Net Worth ₹565.85 Cr (↑4.96%); Total Assets ₹1,301.06 Cr (↑0.85%); Total Debt ₹421.07 Cr (Non-current borrowings ₹52.76 Cr, Current borrowings ₹368.31 Cr). • Tofler (labelled FY2023-24, an earlier/different vintage): Operating Revenue >₹500 Cr (banded ₹1000-1250 Cr — internally inconsistent banding, likely a display artifact); Borrowings ₹467.2 Cr (+37.25% YoY); Total Assets ₹1,027.2 Cr; EBITDA +26.51% YoY; Net Profit −22.3% YoY; Net Worth +27.52% YoY; Debt-to-Equity 0.08; Operating Margin 2.3%; Net Profit Margin −1.15%; ROE −5.89% — this set appears stale/mismatched against the FY2026 figures and is likely mislabeled by Tofler's auto-generated snapshot. Standalone vs consolidated: not explicitly specified by any source; figures are presumed standalone (company has no disclosed subsidiaries). Statutory auditor (FY2026): G. M. Kapadia and Co., unmodified/clean audit opinion. CONFIDENCE: Revenue/Net Worth/Borrowings broadly confirmed in range (₹850-868 Cr revenue; ₹565-573 Cr net worth; ₹420-421 Cr borrowings) via 2 sources for the same FY; exact rupee figures partial due to the noted discrepancy.
Charges & Loans
Partial / conflicting- Per Tofler, major charge-holders/lenders (secured borrowings) include: SBICap Trustee Company Limited (₹271.6 Cr, 1 charge)
- HDFC Bank Limited (₹223.6 Cr, 4 charges)
- State Bank of India (₹143.3 Cr, 5 charges)
- Export-Import Bank of India (₹70.0 Cr, 2 charges)
- TheCompanyCheck separately reports (FY2026): Open Charges ₹705.09 Cr
- Satisfied Charges ₹802.54 Cr (aggregate, not lender-wise)
- The lender-wise figures and the aggregate open/satisfied totals are not directly reconcilable from available data — reported as-is from each source, partial confidence
Legal / Litigation
Partial / conflictingMultiple Indian Kanoon records found — predominantly tax/excise litigation, typical for a manufacturer of this vintage, not indicative of solvency or governance distress: 1. Dy CIT Circle-2(1)(2), Mumbai v. Foods And Inns Ltd. — ITAT Mumbai, 21 Feb 2022 2. Foods Inns Limited v. Government of A.P. — Telangana High Court, 13 Nov 2018 3. Foods And Inns Limited v. Assessee — ITAT Mumbai, 7 Jun 2016 4. Foods And Inns Ltd v. DCIT 14(1)(2), Mumbai — ITAT Mumbai, 7 Aug 2017 5. Joint Commissioner of Income Tax (OSD) v. Foods & Inns Limited — ITAT Mumbai, 30 Sep 2019 6. Foods & Inns Ltd v. Department of Income Tax — ITAT Mumbai, 28 Dec 2005 7. Foods And Inns Ltd. v. Commissioner of Central Excise — CEGAT Mumbai, 10 Feb 2000 8. Pr. Commissioner of Income Tax-14 v. Foods And Inns Ltd — Bombay High Court, 22 Jan 2020 9. Green Bull v. Foods And Inns Limited — Bombay High Court, 13 Mar 2026 (recent; nature/outcome not detailed in the source snippet) 10. Foods And Inns Ltd. v. Union of India — Andhra Pradesh High Court (Amravati), 14 Sep 2022 indiankanoon.org search results.
Competitors
Partial / conflictingFrequently Asked Questions
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