Eastern Condiments

Kochi, India Founded: 1983 • Age: 43 yrs Listed Acquired By Orkla
Spices, condiments, pickles, and beverages are manufactured and distributed.
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About Eastern Condiments

Eastern Condiments is a publicly listed company based in Kochi (India) founded in 1983, and was acquired by Orkla in September 2020. Spices, condiments, pickles, and beverages are manufactured and distributed. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Eastern Condiments has raised $46 million across 2 funding rounds from investors including McCormick, Orkla and New Vernon Capital. The company has 1,027 employees. Eastern Condiments was last valued at $62.53 million in January 2006. Its chief executive, as recorded, is Akhil Paul. Its Indian entity Orkla India Limited reported revenue of ₹2,551 Cr. Eastern Condiments offers products and services including Spices & Masalas, Pickles & Paste, and Breakfast Products. Its focus areas include Consumer Goods, Food & Beverage and Spices & Condiments. Its competitors include Pushp, Keya Foods and Food Service; 3 of its 3 listed competitors have raised funding.

Company details

Eastern Condiments is established as a prominent exporter of spices from India, specializing in a wide range of products including spices, masalas, pickles, pastes, and breakfast items. The company operates within the food and beverage sector, focusing on delivering traditional and innovative culinary solutions. Its presence is noted across more than 22 countries, ensuring the global distribution of authentic Indian flavors. Various product lines such as Arabic Range and Madhuram Range are developed to cater to diverse consumer preferences. Additionally, recipe resources and cookbooks are provided to enhance customer engagement and culinary experience.

  • Headquarters Kochi, India
  • Employees 1,027
  • Stage Acquired
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website eastern.in
  • Social LinkedIn X Facebook Instagram
  • Acquired by Orkla (Sep 2020)
  • Legal Name Orkla India Limited
  • Date of Incorporation 21 Aug, 1996
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Consumer → Food & Beverage Products & Processing
Key Metrics
  • Market Cap
    ₹7,840 Cr

    ORKLAINDIA · NSE

  • Share Price
    ₹568.15

    -0.70% today

  • Revenue
    ₹2,509 Cr

    FY 2025-26 · +4.8% YoY

  • EBITDA
    ₹402 Cr

    Margin 16.0%

  • Net Profit
    ₹292 Cr

    FY 2025-26 · +13.1% YoY

  • P/E (TTM)
    24.3x

    P/B 2.7x

  • ROE
    11.0%

    ROCE 14.5%

  • Debt / Equity
    0.02

    Interest cover 1.9x

  • Total Equity Funding
    $46M (USD)

    in 2 rounds

  • Latest Funding Round
    $36M (USD), Series C

    Jun 2010

  • Investors
    McCormick

    & 2 more

  • Employee Count
    1,027
  • Acquired by
    Orkla

    (Sep 2020)

Products & Services of Eastern Condiments

Eastern Condiments offers a comprehensive portfolio of products and services, including Spices & Masalas, Pickles & Paste, and Breakfast Products.

Spices & Masalas
Food Products

Various spice blends are offered for culinary use.

Pickles & Paste
Food Products

Traditional pickles and pastes are provided for meals.

Breakfast Products
Food Products

Quick breakfast options are made available for convenience.

Funding Insights of Eastern Condiments

Eastern Condiments has successfully raised a total of $46M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $36 million completed in June 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $46M
  • Total Rounds 2
  • Last Round Series C — $36M
  • First Round $10M

    (Jan 2006)

  • Investors Count 2

All 2 funding rounds of Eastern Condiments with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2010$36MSeries C–McCormick
–
Jan 2006$10MSeries B$62.53MNew Vernon Capital
–
Valuation history
DateValuationStage
Jan 2006$62.53M••••••••

Last known valuation $62.53M (Jan 2006). 3 investors in total: 3 institutional.

Investors in Eastern Condiments

Eastern Condiments has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include McCormick, Orkla and New Vernon Capital.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
McCormick
Spices and seasonings are produced and branded by McCormick.
1889mccormick.comBaltimore, United States
New Vernon Capital
Operates as an investment and wealth management firm for clients.
2004new-vernon.comJersey City, United States
Orkla
Orkla is recognized as a leading industrial investment company.
1654orkla.comOslo, Norway
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Investor details for Eastern Condiments

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Board of directors of Orkla India Limited (Eastern Condiments)

Orkla India Limited is the primary company behind Eastern Condiments. The boards of the 6 registered companies of Eastern Condiments currently have 23 directors; the longest-serving is Binnoy Kurian, appointed in 1993. 96 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Binnoy Kurian
DIN 01557382
Director24 May 199333 yrs 5 moEastern Retreads Pvt Ltd
Naiju Joseph
DIN 00419362
Managing Director24 May 199333 yrs 5 moEastern Retreads Pvt Ltd, Eastern Treads Limited
Sanjay Sharma
DIN 02581107
Managing Director01 Feb 200917 yrs 9 moOrkla India Limited, Eastern Condiments Private Limited
Atle Vidar Nagel Johansen
DIN 01361367
Director17 Mar 201511 yrs 7 moOrkla India Limited
Shereen Navaz
DIN 00328770
Director31 Mar 201511 yrs 7 moEastern Treads Limited, Eastern Mattresses Private Limited
Manalumparayil Ebrahim Mohamed
DIN 00129005
Director03 May 20197 yrs 6 moEastern Mattresses Private Limited
Rani Joseph
DIN 07423144
Director09 May 20197 yrs 6 moEastern Treads Limited
Navas Manalumparayil Meeran
DIN 00128692
Designated Partner04 Jan 20215 yrs 10 moMenma Cosmetics Llp, Eastern Retreads Pvt Ltd, Eastern Treads Limited, Eastern Condiments Private Limited, Eastern Mattresses Private Limited
Feroz Meeran
DIN 00242135
Designated Partner04 Jan 20215 yrs 10 moMenma Cosmetics Llp, Eastern Condiments Private Limited, Eastern Mattresses Private Limited
Ankur Kumar Bhaumik
DIN 03496083
Director31 Mar 20215 yrs 7 moEastern Condiments Private Limited
Claes Johan Wilhelmsson
DIN 08344827
Director31 Mar 20215 yrs 7 moEastern Condiments Private Limited
Maria Sysenybraaten
DIN 10133899
Director11 May 20233 yrs 5 moOrkla India Limited
Per Haavard Skiaker Maelen
DIN 10138903
Director11 May 20233 yrs 5 moOrkla India Limited
Devarajan Krishnan
DIN 11240487
CFO14 Aug 20233 yrs 2 moEastern Treads Limited
Jeyaseelan Natarajan
DIN 02281278
Director06 May 20242 yrs 6 moEastern Treads Limited
Polepeddi Subrahmanya Anil Kumar
DIN 10585449
Additional Director10 May 20242 yrs 5 moEastern Mattresses Private Limited
Shantanu Maharaj Khosla
DIN 00059877
Director10 Mar 20251 yr 8 moOrkla India Limited
Meena Ganesh
DIN 00528252
Director10 Mar 20251 yr 8 moOrkla India Limited
Amit Jain
DIN 01770475
Director10 Mar 20251 yr 8 moOrkla India Limited
Rashmi Satish Joshi
DIN 06641898
Director10 Mar 20251 yr 8 moOrkla India Limited
Karippath Balan Vinodkumar
DIN 11151156
Director09 Jun 20251 yr 5 moEastern Mattresses Private Limited
Siby Varghese
DIN 11240695
Director14 Aug 20251 yr 2 moEastern Treads Limited
Karandeep Singh
DIN 02203076
Additional Director20 May 20265 moEastern Treads Limited

People of Eastern Condiments

52 people are tracked at Eastern Condiments (7 in leadership, 45 in team); the tracked headcount is 1,027.

NameRoleGroup
Akhil Paul
Co-CEOLeadership
Navas Manalumparayil Meeran
Co-CEOLeadership
Feroz Meeran
Managing DirectorLeadership
Manoj Lalwani
Chief Marketing OfficerLeadership
P. Lokesh
State HeadLeadership
Ajit Joseph
Head - Strategic InitiativesLeadership
Firoz Meeran
Managing DirectorLeadership
Digvijay Singh
Sales OfficerTeam
Sourav Kadam
Senior Information Technology OfficerTeam
Sivanandan U
GM Finance & Company SecretaryTeam
Anil Kumar.k
AccountantTeam
Prashob K
ManagerTeam
Kamal Patel
Senior Sales ExecutiveTeam
Vinod Nair
Manager Sales & LogisticsTeam
Kajal Matta
Area Sales ManagerTeam
Habib Imam
Sales AssociateTeam
Inderjit Chawla
Senior Sales ExecutiveTeam
Kurian Pathrose Babu
Market Development SpecialistTeam
Mahender Goud Aithagoni
Sales OfficerTeam
Mohammed Shaqeel
Marketing OfficerTeam

32 more people are available in the full profile.

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Complete people profiles for Eastern Condiments

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IPO & Listings of Eastern Condiments

Eastern Condiments is a publicly listed company on the NSE with ticker symbol ORKLAINDIA in India, operating in the FMCG sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: ORKLAINDIA
  • Listed entityOrkla India Limited
  • Exchange sectorFMCG

Financials of Eastern Condiments

Exchange-reported figures of Orkla India Limited, the listed company behind Eastern Condiments (NSE: ORKLAINDIA).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,509 Cr
+4.8% YoY
EBITDA
₹402 Cr
+18.0% YoY
Profit After Tax
₹292 Cr
+13.1% YoY
Net Worth
₹2,750 Cr
+11.8% YoY
Total Assets
₹2,824 Cr
+11.7% YoY
Total Debt
₹62.81 Cr
+15.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,5092,3952,3562,1721,838967820
Revenue growth+4.8%+1.6%+8.5%+18.2%+90.0%+17.9%-
EBITDA402340341309238191128
EBITDA margin+16.0%+14.2%+14.5%+14.2%+13.0%+19.8%+15.7%
Profit before tax38235530725716716696.41
Net profit29225821932811611873.82
Net profit margin+11.6%+10.8%+9.3%+15.1%+6.3%+12.2%+9.0%
EPS (₹)20.85186.64168.90275.0495.04100.0370.66
Balance sheet
Total assets2,8242,5282,8812,3432,0102,206322
Net worth2,7502,4602,8072,2401,9011,784278
Total debt62.8154.4063.2594.8835.3680.2212.50
Cash & bank22.8919111574.6114.4069.355.99
Net working capital224312468(29.28)(114)244(22.85)
Cash flow
Cash from operations26139229619018014896.48
Cash from investing(307)263(237)(165)(168)(1,203)(67.96)
Cash from financing(12.77)(613)(44.88)(15.14)(57.09)1,109(23.27)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue776659626636650597596615
Revenue growth (YoY)+19.4%+10.4%+5.0%+3.4%+4.9%+5.9%--
Other income10.9118.9614.957.7310.458.3813.7820.11
EBITDA12611396.1987.5310611261.3785.61
EBITDA margin+16.2%+17.1%+15.4%+13.8%+16.3%+18.7%+10.3%+13.9%
Depreciation12.6412.4211.8717.1912.7112.3714.5516.61
Interest1.601.631.531.691.791.701.461.58
Profit before tax12211797.7476.3810210659.1487.53
Tax30.9529.7424.3119.7425.5527.1423.9021.68
Net profit91.4287.7073.4356.6476.6878.9235.2465.85
EPS (₹)6.706.405.404.105.605.802.604.80
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,4642,3702,3562,1541,818950807
Revenue growth+4.0%+0.6%+9.4%+18.5%+91.4%+17.8%-
EBITDA397338341309234187126
EBITDA margin+16.1%+14.3%+14.5%+14.4%+12.9%+19.7%+15.6%
Profit before tax37835330525616516095.21
Net profit28825621732511511576.27
Net profit margin+11.7%+10.8%+9.2%+15.1%+6.3%+12.1%+9.5%
EPS (₹)20.57185.36167.65274.1094.7096.6772.33
Balance sheet
Total assets2,8152,5252,8802,3382,0142,124323
Net worth2,7422,4572,8072,2431,9061,789287
Total debt62.8154.4063.2534.9935.3610.003.50
Cash & bank16.2218711573.9914.1217.665.93
Net working capital244338468(35.86)(111)(15.40)(23.47)
Cash flow
Cash from operations25938829618817714496.34
Cash from investing(307)262(237)(163)(171)(1,254)(68.42)
Cash from financing(12.77)(613)(44.88)(14.80)(49.71)1,111(22.58)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue756644615624638587587605
Revenue growth (YoY)+18.6%+9.8%+4.8%+3.2%+3.7%+4.1%--
Other income10.9118.8615.077.5210.258.4214.4319.62
Total expenses633533519538533477527520
EBITDA12411195.8686.0510511059.8585.12
EBITDA margin+16.3%+17.2%+15.6%+13.8%+16.5%+18.8%+10.2%+14.1%
Depreciation12.5612.3411.7517.1112.6512.3214.4916.55
Interest1.571.591.491.661.741.641.411.53
Profit before tax12011697.6974.8010110558.3886.66
Tax30.7829.6324.3019.6325.4427.0323.5921.62

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue776659626636650597596615
Revenue growth (YoY)+19.4%+10.4%+5.0%+3.4%+4.9%+5.9%--
Other income10.9118.9614.957.7310.458.3813.7820.11
EBITDA12611396.1987.5310611261.3785.61
EBITDA margin+16.2%+17.1%+15.4%+13.8%+16.3%+18.7%+10.3%+13.9%
Depreciation12.6412.4211.8717.1912.7112.3714.5516.61
Interest1.601.631.531.691.791.701.461.58
Profit before tax12211797.7476.3810210659.1487.53
Tax30.9529.7424.3119.7425.5527.1423.9021.68
Net profit91.4287.7073.4356.6476.6878.9235.2465.85
EPS (₹)6.706.405.404.105.605.802.604.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,5092,3952,3562,1721,838967820
Revenue growth+4.8%+1.6%+8.5%+18.2%+90.0%+17.9%-
Other income41.4382.8834.1930.1515.4610.636.23
Total expenses2,1072,0542,0151,8631,600776692
Employee cost251246232224207114108
EBITDA402340341309238191128
EBITDA margin+16.0%+14.2%+14.5%+14.2%+13.0%+19.8%+15.7%
Depreciation54.1461.7362.1255.4156.3931.1131.54
Interest6.716.556.6427.0829.474.986.58
Profit before tax38235530725716716696.41
Tax96.7499.3680.50(82.22)49.6941.2725.02
Net profit29225821932811611873.82
Net profit margin+11.6%+10.8%+9.3%+15.1%+6.3%+12.2%+9.0%
EPS (₹)20.85186.64168.90275.0495.04100.0370.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.7013.7013.7012.3312.3312.339.81
Reserves & surplus2,7362,4462,7932,2271,6191,770267
Shareholders' funds (net worth)2,7502,4602,8072,2401,9011,784278
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.000.000.2231.5976.450.00
Unsecured loans62.8154.4063.2594.663.773.7712.50
Total debt62.8154.4063.2594.8835.3680.2212.50
Total liabilities2,8242,5282,8812,3432,0102,206322
Assets
Gross block2,2252,2022,2672,1732,1592,108290
Net block1,9681,9812,0552,0132,0452,036248
Capital work in progress3.677.783.6273.893.083.854.40
Investments57317532525520151.5779.86
Inventories29530929735031030873.96
Sundry debtors18316316911699.0894.7616.27
Cash & bank balances22.8919111574.6114.4069.355.99
Loans & advances18619029211784.8889.2121.09
Total current assets687852872658508561117
Total current liabilities463540404687622316140
Net working capital224312468(29.28)(114)244(22.85)
Total assets2,8242,5282,8812,3432,0102,206322
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash81.2839.5824.6114.4059.225.990.74
Net cash from operating activities26139229619018014896.48
Net cash from investing activities(307)263(237)(165)(168)(1,203)(67.96)
Net cash from financing activities(12.77)(613)(44.88)(15.14)(57.09)1,109(23.27)
Net change in cash(58.39)41.7014.9710.21(44.82)53.235.25
Closing cash22.8919111574.6114.4069.355.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.8%+1.6%+8.5%+18.2%+90.0%+17.9%-
EBITDA growth+18.0%-0.3%+10.4%+30.0%+24.3%+49.2%-
PBT growth+7.7%+15.7%+19.4%+53.4%+1.0%+72.1%+9997.0%
Net income growth+13.1%+18.0%-33.4%+183.7%-1.8%+59.6%-
Revenue CAGR (3Y)+4.9%+9.2%+34.6%+38.4%---
EBITDA CAGR (3Y)+9.1%+12.7%+21.3%+34.1%---
Profitability & leverage
Net income margin+11.4%+10.7%+9.6%+15.6%+6.4%+12.9%+8.7%
Return on capital employed+14.5%+13.4%+12.0%+13.1%+9.4%+13.5%+32.0%
Return on net worth+11.0%+9.7%+9.0%+16.4%+6.4%+12.1%+25.7%
Debt / equity0.020.020.030.030.030.040.04
Long-term debt / equity0.020.020.020.010.000.000.00
Interest cover1.932.352.3810.6716.243.116.80
Efficiency & per share
Fixed asset turnover1.131.071.061.000.860.812.83
Inventory turnover8.317.917.286.585.955.0711.09
Debtors turnover14.5414.4616.5620.2018.9617.4250.39
EPS (₹)20.85186.64168.90275.0495.04100.0370.66
Dividend per share (₹)0.00438.000.000.000.000.000.00
Book value per share (₹)200.731,795.262,094.591,816.391,323.171,445.72281.69
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue756644615624638587587605
Revenue growth (YoY)+18.6%+9.8%+4.8%+3.2%+3.7%+4.1%--
Other income10.9118.8615.077.5210.258.4214.4319.62
Total expenses633533519538533477527520
EBITDA12411195.8686.0510511059.8585.12
EBITDA margin+16.3%+17.2%+15.6%+13.8%+16.5%+18.8%+10.2%+14.1%
Depreciation12.5612.3411.7517.1112.6512.3214.4916.55
Interest1.571.591.491.661.741.641.411.53
Profit before tax12011697.6974.8010110558.3886.66
Tax30.7829.6324.3019.6325.4427.0323.5921.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,4642,3702,3562,1541,818950807
Revenue growth+4.0%+0.6%+9.4%+18.5%+91.4%+17.8%-
Other income41.2683.0431.9829.1215.878.706.53
Total expenses2,0672,0322,0151,8451,584763681
Employee cost242239232221204111105
EBITDA397338341309234187126
EBITDA margin+16.1%+14.3%+14.5%+14.4%+12.9%+19.7%+15.6%
Depreciation53.8361.5962.1254.9555.9130.6631.08
Interest6.536.456.6427.0029.384.656.02
Profit before tax37835330525616516095.21
Tax96.4098.9979.97(81.65)48.2541.2924.26
Net profit28825621732511511576.27
Net profit margin+11.7%+10.8%+9.2%+15.1%+6.3%+12.1%+9.5%
EPS (₹)20.57185.36167.65274.1094.7096.6772.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.7013.7013.7012.3312.3312.339.81
Reserves & surplus2,7282,4432,7932,2291,8931,776276
Shareholders' funds (net worth)2,7422,4572,8072,2431,9061,789287
Secured loans0.000.000.0031.2231.590.000.00
Unsecured loans62.8154.4063.253.773.7710.003.50
Total debt62.8154.4063.2534.9935.3610.003.50
Total liabilities2,8152,5252,8802,3382,0142,124323
Assets
Gross block2,2112,2022,2672,1452,132279262
Net block1,9671,9802,0551,9862,018208221
Capital work in progress3.677.783.6273.893.082.244.40
Investments5731763252842301,916109
Inventories29530529734830890.0072.27
Sundry debtors17015916911598.7917.8616.23
Cash & bank balances16.2218711573.9914.1217.665.93
Loans & advances21621929211988.8020.1420.26
Total current assets697870872656509146115
Total current liabilities453532404692620161138
Net working capital244338468(35.86)(111)(15.40)(23.47)
Total assets2,8152,5252,8802,3382,0142,124323
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash77.3739.5824.6114.1258.185.930.59
Net cash from operating activities25938829618817714496.34
Net cash from investing activities(307)262(237)(163)(171)(1,254)(68.42)
Net cash from financing activities(12.77)(613)(44.88)(14.80)(49.71)1,111(22.58)
Net change in cash(61.15)37.7914.979.87(44.06)1.735.34
Closing cash16.2218711573.9914.1217.665.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.0%+0.6%+9.4%+18.5%+91.4%+17.8%-
EBITDA growth+17.6%-1.0%+10.4%+31.9%+25.3%+48.8%-
PBT growth+7.2%+15.9%+18.9%+55.3%+2.8%+68.6%+9997.0%
Net income growth+12.3%+18.1%-33.2%+183.3%-0.6%+51.2%-
Revenue CAGR (3Y)+4.6%+9.2%+35.4%+38.7%---
EBITDA CAGR (3Y)+8.7%+13.0%+22.2%+35.0%---
Profitability & leverage
Net income margin+11.4%+10.7%+9.5%+15.7%+6.4%+12.5%+8.8%
Return on capital employed+14.4%+13.3%+11.9%+13.0%+9.4%+13.5%+36.0%
Return on net worth+10.8%+9.7%+8.9%+16.3%+6.3%+11.5%+27.9%
Debt / equity0.020.020.020.020.010.010.04
Long-term debt / equity0.020.020.010.000.000.000.00
Interest cover1.902.332.3810.6216.462.976.36
Efficiency & per share
Fixed asset turnover1.121.061.071.011.513.512.44
Inventory turnover8.227.877.316.579.1511.7112.73
Debtors turnover14.9614.4616.5920.1031.1855.7542.69
EPS (₹)20.57185.36167.65274.1094.7096.6772.33
Dividend per share (₹)0.00438.000.000.000.000.000.00
Book value per share (₹)200.131,793.502,094.381,818.031,545.161,450.17291.50

Timeline of Eastern Condiments

5 dated milestones of Eastern Condiments across 37 years, from founding to its latest funding, stage changes and deals.

  1. Founded Eastern Condiments is founded.
  2. Funding First funding round of $10.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $36.0M.
  5. Exit Acquired by Orkla.

Competitors of Eastern Condiments

Eastern Condiments has 3 listed competitors in our database, 3 of them funded. They include Pushp, Keya Foods and Food Service.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Pushp
pushpmasale.com1974Indore, India$16.78M1,096
Brand of spices & seasonings
Keya Foods
keyafoods.com2009Mumbai, India$209,091280
Multi-category food products are offered via an internet-first brand.
Food Service
foodserviceindia.com2012Mumbai, India$6.37M298
Customized food solutions are provided for the HORECA sector.
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Detailed competitors of Eastern Condiments

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Web traffic of Eastern Condiments

The website of Eastern Condiments (eastern.in) receives about 8.1K visits a month.

  • Monthly visits
    8.1K
Similar websites

Websites whose visitors overlap most with Eastern Condiments. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
MTR Foods
mtrfoods.com
100%
37.1K#840,802View details
curry-recipes.co.uk
curry-recipes.co.uk
56%
#1,585,858–
mirchi.com
mirchi.com
53%
#396,915–
Priya Foods
priyafoods.com
40%
42.2K#562,184View details
Eastea
eastea.in
26%
1.8K#8,332,268View details

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Eastern Condiments (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Country Delight
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Blue Tokai Coffee Roasters
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Licious
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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India Infoline • 1 year ago
MTR Foods, Eastern Condiments owner Orkla India files for IPO
VCCircle • 1 year ago
Orkla India restructures board with four new independent directors
Thehindubusinessline • 1 year ago
ITC in talks to acquire MTR , Eastern for $1.4 billion
Livemint • 1 year ago
ITC in talks to acquire MTR Foods, Eastern Condiments for $1.4 billion
Moneycontrol • 1 year ago
Food consultancy Thinking Forks appoints Chithra Nair as COO
Thehindubusinessline • 1 year ago
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Frequently Asked Questions about Eastern Condiments

Eastern Condiments was founded in 1983 and raised its 1st funding round 23 years after it was founded.

Eastern Condiments is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

Akhil Paul is the CEO of Eastern Condiments, as recorded in our data.

Eastern Condiments is a funded company, having raised a total of $46M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jan 2006.

Eastern Condiments has 1,027 employees.

The primary company behind Eastern Condiments, Orkla India Limited, reported revenue of ₹2,551 Cr for FY 2026, up 5% year on year.

Eastern Condiments is established as a prominent exporter of spices from India, specializing in a wide range of products including spices, masalas, pickles, pastes, and breakfast items. The company operates within the food and beverage sector, focusing on delivering traditional and innovative culinary solutions. Its presence is noted across more than 22 countries, ensuring the global distribution of authentic Indian flavors. Various product lines such as Arabic Range and Madhuram Range are developed to cater to diverse consumer preferences. Additionally, recipe resources and cookbooks are provided to enhance customer engagement and culinary experience.

Eastern Condiments's top competitors include Pushp, Food Service and Keya Foods.

Eastern Condiments offers Spices & Masalas, Pickles & Paste, and Breakfast Products.

Yes, Eastern Condiments is publicly traded on NSE under the ticker symbol ORKLAINDIA.

Eastern Condiments has 3 investors. Key investors include McCormick, Orkla, and New Vernon Capital.

The valuation of Eastern Condiments is $62.53M as of Jan 2006.

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