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VRS FOODS LIMITED

Active
Updated: 04 Nov 2024

The company is a manufacturer of dairy products such as paras milk, paras uht milk & paras flavoured milk

Vrs Foods Limited, is an unlisted public company incorporated on 15 May, 2007. It is classified as a public limited company and is located in South Delhi, Delhi. It's authorized share capital is INR 10.00 cr and the total paid-up capital is INR 6.51 cr.

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Industry

Trading
Products
  • Paras Desi Ghee, Paras Dahi, Paras Flavoured Milk, Paras Milk, Paras UHT Milk
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
-16.95%
₹ 2,756.3
EBITDA
-18.87%
₹ 85.2
Net Profit
-91.2%
₹ 2.3
Networth
0.88%
₹ 261.5
Borrowings
19.9%
₹ 667.5
Assets
12.11%
₹ 1,244.4
Gross Margin
0.93
16.9 %
Operating Margin
-0.07
3.1 %
Net Profit Margin
-0.7
0.1 %
Return on Equity
-9.1
0.9 %
ROCE
-6.58
16.7 %
Debt to Equity
0.4
2.5
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (39)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • HIGH LEVERAGE
  • LOW CASH BALANCE
Low Risk
  • NET MARGIN DETERIORATING
  • ROCE DETERIORATING
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Parag Milk Foods Limited Maharashtra
Heritage Foods Limited Telangana
Dodla Dairy Limited Telangana
Schreiber Dynamix Dairies Private Limited Maharashtra

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,175.2 2,021.4 2,547.6 3,314.8 2,750.1
Operating profit 97.6 84.0 87.4 105.0 85.2
Net profit 13.3 12.2 23.1 25.8 2.3
Gross margin 16.9 17.6 17.2 15.9 16.9
Operating margin 4.5 4.2 3.4 3.2 3.1
Net margin 0.6 0.6 0.9 0.8 0.1
Networth 207.8 220.0 243.2 259.2 261.5
Borrowings 370.1 393.6 408.0 556.7 667.5
Assets 912.6 912.7 974.5 1,109.9 1,244.4
Debt to equity 1.8 1.8 1.7 2.1 2.5
Current ratio 1.0 1.0 1.1 1.1 1.1
ROE 6.4 5.6 9.5 10.0 0.9
Days payable 46.0 44.0 43.0 26.0 37.0
WC days -1.0 -3.0 8.0 9.0 9.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6.5 6.5 6.5 6.5 6.5
Reserves 201.3 213.5 236.6 252.7 255.0
Borrowings + 370.1 393.6 408.0 556.7 667.5
Long term borrowings 73.8 58.5 46.9 58.7 77.4
Short term borrowings 296.2 335.1 361.1 498.1 590.1
Trade payables + 228.2 199.3 248.6 199.9 234.8
Days payable 46.0 44.0 43.0 26.0 37.0
Other liabilities + 334.7 299.1 323.3 293.9 315.3
Other non-current liabilities 27.4 26.6 24.2 27.5 27.8
Other current liabilities 79.1 73.2 50.5 66.5 52.7
Total liabilities 912.6 912.7 974.5 1,109.9 1,244.4
Fixed Assets + 273.8 267.5 248.7 252.3 278.3
Tangible assets 272.5 264.0 245.0 248.8 243.5
CWIP 0.9 3.1 3.3 3.1 34.5
Intangible assets 0.5 0.4 0.4 0.3 0.3
LT loans and advances 37.7 52.0 8.2 8.9 15.0
Other non-current assets 2.1 2.1 2.0 2.2 4.9
Current assets + 598.8 591.1 715.5 846.5 946.2
Inventories 324.4 298.7 380.0 607.5 661.6
Trade receivables 212.8 237.2 236.2 124.7 164.7
Cash and cash equivalents 33.7 33.1 35.9 31.3 23.8
ST loans and advances 27.0 21.0 62.2 81.9 94.8
Other current assets 1.0 1.1 1.2 1.2 1.4
Total assets 912.6 912.7 974.5 1,109.9 1,244.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,175.2 2,021.4 2,547.6 3,314.8 2,750.1
Sales growth % 17.59 -7.07 26.03 30.11 -17.04
Expenses + 2,154.6 2,011.8 2,530.7 3,277.2 2,752.5
Cost of goods 1,807.0 1,666.0 2,108.8 2,786.3 2,286.2
Employee cost 51.1 49.0 55.7 61.8 69.1
Other costs 219.6 222.4 295.7 361.6 309.5
Operating profit + 97.6 84.0 87.4 105.0 85.2
Operating margin % 4.5 4.2 3.4 3.2 3.1
Other income 3.9 3.3 8.5 4.1 6.3
Interest 44.3 45.6 41.4 40.2 60.3
Depreciation 32.6 28.8 29.1 27.3 27.4
Exceptional items -0.5 - - - -
Profit before tax 24.1 12.9 25.3 41.6 3.8
Tax 10.8 0.7 2.2 15.8 1.6
Profit - disc. ops - - - - -
Net profit 13.3 12.2 23.1 25.8 2.3
Net margin % 0.6 0.6 0.9 0.8 0.1
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 1.8 1.8 1.7 2.1 2.5
Net Debt/Equity 1.6 1.6 1.5 2.0 2.5
Total Debt/Assets 0.4 0.4 0.4 0.5 0.5
Total Assets/Equity 4.4 4.2 4.0 4.3 4.8
Liquidity +
Current Ratio 1.0 1.0 1.1 1.1 1.1
Quick Ratio 0.5 0.5 0.5 0.3 0.3
Interest Coverage 2.2 1.8 2.1 2.6 1.4
Performance
Gross Margin 16.9 17.6 17.2 15.9 16.9
Operating Margin 4.5 4.2 3.4 3.2 3.1
Net Margin 0.6 0.6 0.9 0.8 0.1
Return +
Return on Equity 6.4 5.6 9.5 10.0 0.9
Pre-tax ROCE 24.1 22.0 19.2 23.3 16.7
Return on Assets 1.4 1.3 2.4 2.3 0.2
Pre-tax ROIC 11.9 9.5 9.5 9.9 6.4
Efficiency +
Days Payable 46.0 44.0 43.0 26.0 37.0
Days Inventory 66.0 65.0 66.0 80.0 106.0
Days Receivable 36.0 43.0 34.0 14.0 22.0
Fixed Asset Turnover 7.9 7.6 10.2 13.1 9.9
Total Asset Turnover 2.4 2.2 2.6 3.0 2.2
Working Capital
Cash Conversion Cycle 56.0 64.0 57.0 68.0 91.0
Working Capital Days -1.0 -3.0 8.0 9.0 9.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

HDFC Bank Limited

No. of Loans: 20

Total Amount : 218.8 cr

2

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 106.9 cr

3

Axis Bank Limited

No. of Loans: 4

Total Amount : 102.6 cr

4

ICICI Bank Limited

No. of Loans: 2

Total Amount : 100.0 cr

5

State Bank of India

No. of Loans: 1

Total Amount : 66.0 cr

6

IDFC First Bank Limited

No. of Loans: 1

Total Amount : 49.0 cr

7

SBM BANK (INDIA) LIMITED

No. of Loans: 1

Total Amount : 40.0 cr

8

Yes Bank Limited

No. of Loans: 2

Total Amount : 27.0 cr

9

Canara Bank

No. of Loans: 1

Total Amount : 0.9 cr

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Charges

HDFC Bank Limited
IndusInd Bank Limited
Axis Bank Limited
ICICI Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Managing Director Rajendra Singh
Shareholder
00204375 18 years
Whole-time Director Narendra Singh Nagar
Shareholder
00206298 17 years
Whole-time Director Gajinder Kumar Nagar
Shareholder
00286099 18 years
Whole-time Director Ashutosh Srivastava
Shareholder
02128623 17 years
Whole-time Director Sudhir Saxena
Shareholder
02706765 16 years
Director Shelly Bajaj 07803090 7 years
CS Rahul Kumar Pathak <HIDDEN> 11 years
Director Chaman Lal 09122910 1 years
Director Praveen Kumar Mishra 09165954 4 years
Director Manojsingh Parihar 09607476 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
PARAS BUILD-CALL PRIVATE LIMITED
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12.8 L 1 Haryana
PROQUEST NUTRITION PRIVATE LIMITED
Active
1.0 L 1 Delhi
PARAS TREND HEIGHT SETTERS PRIVATE LIMITED
Amalgamated
1.0 L 1 Delhi
HYACINTH ESTATES PRIVATE LIMITED
Active
1.0 L 2 Delhi
GREEN LAND BUILDERS PRIVATE LIMITED
Active
3.0 L 1 Delhi
VRS FOODS LIMITED
Amalgamated
93.0 L 3 Delhi
VISAGE INFRASTRUCTURE PRIVATE LIMITED
Active
2.0 Cr 1 Delhi
HEALTHWAYS MILK & FOOD PRODUCTS PRIVATE LIMITED
Active
6.0 Cr 1 Delhi
PARAS NATURAL SPRING WATER PRIVATE LIMITED
Active
40.0 L 1 Delhi
VED RAM DAIRY PRIVATE LIMITED
Active
1.0 L 1 Delhi
DHARAMWATI INFRASTRUCTURES PRIVATE LIMITED
Active
1.0 L 1 Delhi
PRISHA BEAUTY PRODUCTS PRIVATE LIMITED
Active
1.0 L 1 Delhi
ELERO MOTORS AND CONTROLS PRIVATE LIMITED
Active
6.4 L 1 Delhi
LOCCIONI INDIA PRIVATE LIMITED
Active
32.0 L 1 Haryana
HINDERER AND MUEHLICH INDIA PRIVATE LIMITED
Active
12.2 Cr 1 Delhi
OPPERMANN WEBBING INDIA PRIVATE LIMITED
Active
86.8 L 1 Gujarat
SCALESDM INDIA PRIVATE LIMITED
Active
83.3 L 1 Delhi
SOFISTIK INDIA PRIVATE LIMITED
Not available for efiling
30,000.0 1 Delhi
MIC CHEMICALS PRIVATE LIMITED
Active
30,000.0 1 Delhi
SERTO TUBE CONNECTORS INDIA PRIVATE LIMITED
Active
50,000.0 1 Delhi
LUSINI TRADING (INDIA) PRIVATE LIMITED
Active
50,000.0 1 Delhi
GEDORE (INDIA) PRIVATE LIMITED
Active
15.7 Cr 1 Delhi
GENOMIC VALLEY BIOTECH LIMITED
Active
3.1 Cr 1 Haryana

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
PROQUEST NUTRITION PRIVATE LIMITED Delhi 2017 ₹ 1.0 L

Registered Details

CIN

U51909DL2007PLC163438

PAN

AACCV4731A

Incorporation

2007, 18.0 years

Company Email

rahul.pathak@parasdairy.com

Paid up Capital

₹ 6.5 Cr

Authorised Capital

₹ 10.0 Cr

AGM

Sep 2024

Type

Public
Non-government Company

FAQ - VRS FOODS LIMITED

What is the incorporation date of VRS FOODS LIMITED?

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The incorporation date of VRS FOODS LIMITED is 15 May, 2007

What is the authorized share capital of VRS FOODS LIMITED?

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The authorized share capital of VRS FOODS LIMITED is INR ₹ 10.0 Cr.

What is the paid-up capital of VRS FOODS LIMITED?

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The paid-up capital of VRS FOODS LIMITED is INR ₹ 6.5 Cr.

What is the registered address of VRS FOODS LIMITED?

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The registered address of VRS FOODS LIMITED is Unit No. III3R, III4R,III5R,III6R,III7R,III8R Third Floor, E ldeco Centre, Malviya Nagar Malviya Nag New Delhi South Delhi Delhi - 110017

What is the CIN number of VRS FOODS LIMITED?

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The CIN number of VRS FOODS LIMITED is U51909DL2007PLC163438.

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