About Ivory Soap Works
Ivory Soap Works is a publicly listed company based in Mumbai (India) founded in 1986 by Ajay Motilal Ramnathkar. Manufacturer of soaps, liquid body care, gels, creams, and hair treatments. The company has 36 employees. Its chief executive, as recorded, is Ajay Motilal Ramnathkar. Its Indian entity Ivory Soap Works Limited reported revenue of ₹17.80 Cr. Its focus areas include Retail, Contract Manufacturers, FMCG and Cosmetics.
Company details
Ivory Soap Works was founded in 1986 in Mumbai, India, and operates in the personal care manufacturing sector. Various products, including clear and opaque soaps, liquid body washes, shampoos, face washes, gels, creams, lotions, and scalp treatments, are formulated and produced. Formulations are developed through ingredient research, with testing conducted to maintain quality and consistency. Product variations and development services are provided to clients.
- Headquarters Mumbai, India
- Employees 36
- Founders Ajay Motilal Ramnathkar
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website ivorysoapworks.com
- Social LinkedIn Facebook
- Legal Name Ivory Soap Works Limited
- Date of Incorporation 14 Oct, 1991
- Jurisdiction Nashik, Maharashtra, India
- Annual Revenue₹17.80 Cr
FY 2024 · -6% YoY
- Net Profit₹18.9 Lakh
FY 2024 · 1% margin
- EBITDA₹1.05 Cr
FY 2024 · 6% margin
- Employee Count36
Associated legal entities of Ivory Soap Works
Ivory Soap Works operates through Ivory Soap Works Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ivory Soap Works Limited CIN U24241MH1991PLC063595 | Active | 14 Oct 1991 | Nashik, Maharashtra | ₹17.8 Cr | 36 | 3 | View details |
Board of directors of Ivory Soap Works Limited (Ivory Soap Works)
Ivory Soap Works Limited is the primary company behind Ivory Soap Works. The board of Ivory Soap Works Limited currently have 3 directors; the longest-serving is Ajay Motilal Ramnathkar, appointed in 1991. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Motilal Ramnathkar DIN 00542206 | Managing Director | 14 Oct 1991 | 35 yrs | Ivory Soap Works Limited |
| Satish Motilal Ramnathkar DIN 00542293 | Director | 14 Oct 1991 | 35 yrs | Ivory Soap Works Limited |
| Sonal Ajay Ramnathkar DIN 00542321 | Director | 15 Mar 1997 | 29 yrs 7 mo | Ivory Soap Works Limited |
People of Ivory Soap Works
1 people are tracked at Ivory Soap Works (1 in leadership); the tracked headcount is 36.
| Name | Role | Group |
|---|---|---|
| Founder & CEO & Managing Director | Leadership |
Complete people profiles for Ivory Soap Works
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ivory Soap Works
Figures of Ivory Soap Works Limited, the primary company behind Ivory Soap Works, for FY 2024. Revenue was ₹17.80 Cr (-6% year on year). Net profit was ₹18.9 Lakh (1% margin). EBITDA was ₹1.05 Cr (6% margin). Revenue has grown at a compounded annual rate of +34% over three years and +15% over five years.
- ₹17.80 CrRevenue · FY 2024 · -6% YoY
- ₹18.9 LakhNet profit · 1% margin
- ₹1.05 CrEBITDA · 6% margin
- ₹1.06 CrPaid-up capital
- 36Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ivory Soap Works Limited are on its company page.
Detailed financial statements for Ivory Soap Works
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Ivory Soap Works
The website of Ivory Soap Works (ivorysoapworks.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 61.8% vs previous month
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Ivory Soap Works (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Ivory Soap Works
Ivory Soap Works was founded in 1986.
Ivory Soap Works is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ajay Motilal Ramnathkar is the CEO of Ivory Soap Works, as recorded in our data. They have also founded this company.
Ivory Soap Works has 36 employees.
The primary company behind Ivory Soap Works, Ivory Soap Works Limited, reported revenue of ₹17.80 Cr for FY 2024, down 6% year on year.
Ivory Soap Works was founded in 1986 in Mumbai, India, and operates in the personal care manufacturing sector. Various products, including clear and opaque soaps, liquid body washes, shampoos, face washes, gels, creams, lotions, and scalp treatments, are formulated and produced. Formulations are developed through ingredient research, with testing conducted to maintain quality and consistency. Product variations and development services are provided to clients.
Ivory Soap Works operates through Ivory Soap Works Limited.
The legal entities of Ivory Soap Works currently have 3 directors, including Ajay Motilal Ramnathkar, Satish Motilal Ramnathkar, Sonal Ajay Ramnathkar.