Curefoods India Limited - Due diligence report

A 360° intelligence report on Curefoods: trust score, financial health, credit view, compliance, directors, growth and distress signals - ge…

2020-10-10 Bangalore, Karnataka Active Unlisted Active Compliant
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CI Curefoods India Limited
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Curefoods — 360° Intelligence Report

Generated from MCA filings & public records
74/100
Trust Score
Moderate

Curefoods is assessed as Moderate with a Trust Score of 74/100. Curefoods is an active public limited indian non-government company incorporated in 2020, operating in the Travel and Hospitality sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.

Report generated on 20 Aug 2026 from the latest processed filings. Curefoods India Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.

Charges position: 7 open (275.00 cr) · 10 satisfied (210.60 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others15 48.0 cr
Hdfc Bank Limited1 48.0 cr
The Hongkong And Shanghai Banking Corporation Limited1 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • 1 auditor resignation(s) filed - latest: B S R & Associates LLP on 2023-04-26.
  • Delayed payments to MSME suppliers disclosed (224 disclosure(s)).
  • 19 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
AVANI VISHAL DAVDA 01234567 Director 01/04/2018 6 yrs Approved
BHASKAR SIVARAMA GODAVARTI 01234567 Director 01/04/2018 6 yrs Approved
ANKIT NAGORI 01234567 Director 01/04/2018 6 yrs Approved
MALA ARUN TODARWAL 01234567 Director 01/04/2018 6 yrs Approved
NATRAJH RAMAKRISHNA 01234567 Director 01/04/2018 6 yrs Approved
Umayorubhagan Gokulkandhi 01234567 Director 01/04/2018 6 yrs Approved
ANAND PRASANNA RAMACHANDRAN 01234567 Director 01/04/2018 6 yrs Approved
Ankit Nagori 01234567 Director 01/04/2018 6 yrs Approved
Bhaskar Sivarama Godavarti 01234567 Director 01/04/2018 6 yrs Approved
Richa Sharma 01234567 Director 01/04/2018 6 yrs Approved
  • 10 directors on the board.
  • No disqualified or deactivated DINs.
  • 8 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
8
Capital events
22 allotment(s) · 2 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Cakezone Foodtech Private Limited Subsidiary Company 74.00%
Fan Hospitality Services Private Limited Subsidiary Company 74.00%
Yum Plum Private Limited Subsidiary Company 74.00%
Munchbox Frozen Foods Private Limited Subsidiary Company 74.00%
Millet Express Foods Private Limited Subsidiary Company 74.00%

Key managerial personnel: BHASKAR SIVARAMA GODAVARTI (CFO) · ANKIT NAGORI (CEO) · Umayorubhagan Gokulkandhi (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 5 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
7 director exits within 2 years.
7 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 73.63 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment63/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 7 open charge(s) of 275.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view73/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
05 Sep 2025
Last AGM held
Annual general meeting
27 Jun 2025
Director appointed
Ankit Nagori (Ceo)
26 Jun 2025
Director appointed
ANKIT NAGORI (CEO)
25 Jun 2025
Director ceased
ANKIT NAGORI
Director ceased
Umayorubhagan Gokulkandhi
12 Jun 2025
Director ceased
RAJNISH SINGH BAWEJA
10 Jun 2025
Director ceased
Kirill Blokhnin
03 Jun 2025
Director ceased
SUDHIR KUMAR SETHI
05 May 2025
Director ceased
NATRAJH RAMAKRISHNA
29 Apr 2025
Director appointed
NATRAJH RAMAKRISHNA (Director)
13 Apr 2025
Director ceased
MALA ARUN TODARWAL
11 Apr 2025
Director appointed
MALA ARUN TODARWAL (Director)
07 Apr 2025
Director appointed
Bhaskar Sivarama Godavarti (Cfo)
Director appointed
Richa Sharma (Company Secretary)
31 Mar 2025
Charge created
Others - 25.00 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
10 active director(s) / partner(s); board looks stable and experienced.
19 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 22 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Gravissgroup U15200MH1984PTC033837 Mumbai, Maharashtra, India
Simba (India) U15549CT2006PTC018443 Raipur, Chattisgarh, India
Bindaas Foods Private Limited U15312PB2014PTC038658 Baghapurana, Punjab, India
Milkyfarm Nutrition Private Limited U15400GJ2021PTC120703 Nadiad, Gujarat, India
Suraj Mal Anil Kumar Private Limited U15490UP2019PTC113119 Bahraich, Uttar Pradesh, India
Bharat Cereals Private Limited U15312HR2009PTC039550 Karnal, Haryana, India
Shivang Edibles Oils Limited U15143MP2012PLC066084 Morena, Madhya Pradesh, India
Monster Beverage Corporation U15122MH2012FTC234942 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Curefoods before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Curefoods: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Curefoods - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Curefoods pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Curefoods - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Curefoods an active company?

Curefoods has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Curefoods financially healthy?

Curefoods has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Curefoods?

Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Curefoods?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 10 active director(s) are on record.

Does Curefoods have loans or charges against its assets?

7 open charge(s) are registered against its assets, and 10 earlier charge(s) stand satisfied.

Is Curefoods up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Curefoods?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.