Vantage Specialty Ingredients Private Limited

Vantage Specialty Ingredients Private Limited - fmcg in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24100MH2013FTC240397 Incorporated 12 February 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company FMCG MSME · Small
Data last updated
Revenue · FY 2023
₹8.24 Cr
▲ 9% YoY
Net profit · FY 2023
₹1.55 Cr
Net margin 18.8%
EBITDA · FY 2023
₹2.38 Cr
EBITDA margin 28.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹85.73 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Vantage Specialty Ingredients Private Limited

Data last updated:

Vantage Specialty Ingredients Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Lipo Holding Spain, S.L.. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 12 February 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2013FTC240397. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85.73 Lakh. It is led by directors including Craig Anthony Yuen and Adam Scott Glasser.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No. 5018 03rd Floor Rustomjee Ease Zone Goregoan Mulund Link Road Malad West, Mumbai, Maharashtra, India – 400064.

As per the financials filed for FY 2023, the company reported a revenue of ₹8.24 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 18.8%) and EBITDA of ₹2.38 Cr (EBITDA margin 28.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 17% over five years.

The company is associated with 1 brand: Vantage Specialty Chemicals.

Vantage Specialty Ingredients Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0241403). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vantagegrp.com.

Company details

CIN U24100MH2013FTC240397
Registration Number 240397
Incorporation Date 12 February 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Lipo Holding Spain, S.L.
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0241403

Recognitions & Rankings of Vantage Specialty Ingredients

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0241403

Contact details

Vantage Specialty Ingredients Private Limited's registered office is in Mumbai, Maharashtra. Its website is vantagegrp.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Shop No. 5018 03rd Floor Rustomjee Ease Zone Goregoan Mulund Link Road Malad West, Mumbai, Maharashtra, India – 400064
  • Industry
    FMCG, Personal Care & Skincare Products

To see the full contact details of Vantage Specialty Ingredients Private Limited, buy the company report.

Comprehensive company report
Vantage Specialty Ingredients Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Vantage Specialty Ingredients operates one associated brand: Vantage Specialty Chemicals. Each brand links to its own profile.

BrandDescriptionWebsite
Specialty chemicals and ingredients are manufactured by Vantage.vantagegrp.com

Business activity

The main business activity of Vantage Specialty Ingredients is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Vantage Specialty Ingredients Private Limited, buy the company report.

Financials of Vantage Specialty Ingredients Private Limited

FY 2023 filings available

Vantage Specialty Ingredients Private Limited reported revenue of ₹8.24 Cr (up 9% YoY) for FY 2023.

Revenue · FY 2023
₹8.24 Cr ▲ 9%
Net profit · FY 2023
₹1.55 Cr margin 18.8%
EBITDA · FY 2023
₹2.38 Cr margin 28.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 31%
5 years · compounded
▲ 17%
EBITDA CAGR growth
3 years · compounded
▲ 155%
5 years · compounded
▲ 57%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 9% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹8.24 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.55 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin28.9%
Net Profit Margin18.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Vantage Specialty Ingredients Private Limited, buy the company report.

Board of directors of Vantage Specialty Ingredients Private Limited

Vantage Specialty Ingredients has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Craig Anthony YuenDirector22 Jun 20179 Years 4 MonthsCurrent
Adam Scott GlasserDirector20 Sep 20242 Years 1 MonthsCurrent
Anne Cecelia Burns HolmanDirector20 Sep 20242 Years 1 MonthsCurrent

Auditor

Vantage Specialty Ingredients Private Limited is audited by Pradip K. Shah for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Pradip K. ShahFY 2023107215

Shareholding

The shareholding of Vantage Specialty Ingredients Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vantage Specialty Ingredients Private Limited, buy the company report.

MSME payment delays

Vantage Specialty Ingredients Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 48 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Rhenus Contract Logistics India Private Limited

To see the full MSME payment records of Vantage Specialty Ingredients Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Vantage Specialty Ingredients has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Vantage Specialty Ingredients Private Limited, buy the company report.

Recent activity

Vantage Specialty Ingredients Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Adam Scott Glasser was appointed as Director on 20 Sep 2024.

Appointed
Adam Scott Glasser was appointed as Director.
Appointed
Anne Cecelia Burns Holman was appointed as Director.
AGM
Vantage Specialty Ingredients Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vantage Specialty Ingredients Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Nirbhay Kumar Goel ceased to be Additional Director.
Ceased
Sunil Shetty Shankar ceased to be Director.
Ceased
Richard Kenneth Mcevoy ceased to be Director.
Ceased
Craig Anthony Yuen ceased to be Additional Director.
Ceased
Patrick John Brueggman ceased to be Additional Director.
Appointed
Craig Anthony Yuen was appointed as Director.
Ceased
Westiclenio Lukas Swid ceased to be Director.
Ceased
Julian Mark Steinberg ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Vantage Specialty Ingredients is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 12 February 2013 (13+ years old) and is registered under CIN U24100MH2013FTC240397.

Vantage Specialty Ingredients has 3 current directors:

The latest financial statements of Vantage Specialty Ingredients on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

No. Vantage Specialty Ingredients has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Vantage Specialty Ingredients is U24100MH2013FTC240397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vantage Specialty Ingredients was incorporated on 12 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Adam Scott Glasser was appointed as Director on 20 Sep 2024. Anne Cecelia Burns Holman was appointed as Director on 20 Sep 2024. Nirbhay Kumar Goel ceased to be Additional Director on 30 Sep 2022. Vantage Specialty Ingredients has 10 board changes on record in total.

Yes, Vantage Specialty Ingredients is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0241403).

Vantage Specialty Ingredients has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 48 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.

Vantage Specialty Ingredients can be reached through the website vantagegrp.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Vantage Specialty Ingredients is at Shop No. 5018 03rd Floor Rustomjee Ease Zone Goregoan Mulund Link Road Malad West, Mumbai, Maharashtra, India – 400064.