About Verkote Spices
Verkote Spices is a Consumer company based in Ernakulam (India). Online store for organic spices, dry fruits, and seasonings from Kerala. It operates on a D2C model in Consumer and Retail sectors. Its Indian entity Verkote Spices Private Limited reported revenue of ₹6.4 Lakh. Verkote Spices offers products and services including Spices, Dry Fruits, and Seasonings. Its focus areas include Food and Agriculture, Spices and Herbs, Organic Products and Online Retail. Its competitors include Keya Foods, CurryIt and Tulua; 3 of its 3 listed competitors have raised funding.
Company details
Verkote Spices is an online platform specializing in premium spices, dry fruits, and seasonings sourced from Keralas nutrient-rich soil. They employ organic farming methods to ensure purity and quality, offering a wide range of products like nutmeg and almonds. Based in Ernakulam, India, the company facilitates direct purchases through their website, catering to customers seeking authentic, aromatic ingredients for everyday use.
- Headquarters Ernakulam, India
- SectorsConsumerRetail
- Website verkotespices.com
- Legal Name Verkote Spices Private Limited
- Date of Incorporation 09 Oct, 2017
- Jurisdiction Ernakulam, Kerala, India
- Annual Revenue₹6.4 Lakh
FY 2024 · -31% YoY
- Net Loss-₹2.1 Lakh
FY 2024 · -32% margin
- EBITDA-₹67,404
FY 2024 · -10% margin
Associated legal entities of Verkote Spices
Verkote Spices operates through Verkote Spices Private 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 |
|---|---|---|---|---|---|---|---|
| Verkote Spices Private Limited CIN U52609KL2017PTC050657 | Active | 09 Oct 2017 | Ernakulam, Kerala | ₹0.1 Cr | 2 | View details |
Products & Services of Verkote Spices
Verkote Spices offers a comprehensive portfolio of products and services, including Spices, Dry Fruits, and Seasonings.
Range of organic Kerala spices for culinary use.
Selection of premium nuts and dried fruits online.
Herbs and blends for enhancing food flavors.
Board of directors of Verkote Spices Private Limited (Verkote Spices)
Verkote Spices Private Limited is the primary company behind Verkote Spices. The board of Verkote Spices Private Limited currently have 2 directors; the longest-serving is Sudheerkumar Kollath, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sudheerkumar Kollath DIN 07944672 | Managing Director | 09 Oct 2017 | 9 yrs | Verkote Spices Private Limited |
| Sreelatha Sudheer Kumar DIN 07948629 | Director | 09 Oct 2017 | 9 yrs | Verkote Spices Private Limited |
Financials of Verkote Spices
Figures of Verkote Spices Private Limited, the primary company behind Verkote Spices, for FY 2024. Revenue was ₹6.4 Lakh (-31% year on year). Net loss was -₹2.1 Lakh (-32% margin). EBITDA was -₹67,404 (-10% margin). Revenue has grown at a compounded annual rate of -26% over three years and -1% over five years.
- ₹6.4 LakhRevenue · FY 2024 · -31% YoY
- -₹2.1 LakhNet loss · -32% margin
- -₹67,404EBITDA · -10% margin
- ₹10 LakhPaid-up capital
- -26%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Verkote Spices Private Limited are on its company page.
Detailed financial statements for Verkote Spices
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.
Competitors of Verkote Spices
Verkote Spices has 3 listed competitors in our database, 3 of them funded. They include Keya Foods, CurryIt and Tulua.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| keyafoods.com | 2009 | Mumbai, India | $209,091 | 280 | Multi-category food products are offered via an internet-first brand. | |
| curryit.in | 2020 | Delhi, India | $951,152 | Internet first brand offering spices and other food products | ||
| tulua.shop | 2020 | Mumbai, India | $667,611 | Spices and ready-to-cook pastes are sold online by Tulua. |
Detailed competitors of Verkote Spices
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Verkote Spices
The website of Verkote Spices (verkotespices.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 10.5% vs previous month
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Frequently Asked Questions about Verkote Spices
Verkote Spices is headquartered in Ernakulam, India. It is registered at Ernakulam, Kerala, India.
The primary company behind Verkote Spices, Verkote Spices Private Limited, reported revenue of ₹6.4 Lakh for FY 2024, down 31% year on year.
Verkote Spices is an online platform specializing in premium spices, dry fruits, and seasonings sourced from Keralas nutrient-rich soil. They employ organic farming methods to ensure purity and quality, offering a wide range of products like nutmeg and almonds. Based in Ernakulam, India, the company facilitates direct purchases through their website, catering to customers seeking authentic, aromatic ingredients for everyday use.
Verkote Spices's top competitors include CurryIt, Tulua and Keya Foods.
Verkote Spices offers Spices, Dry Fruits, and Seasonings.
Verkote Spices operates through Verkote Spices Private Limited.
The legal entities of Verkote Spices currently have 2 directors, including Sudheerkumar Kollath, Sreelatha Sudheer Kumar.