MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-14-0019452
Clarion Casein Limited - food and beverages in Kadi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.33 Cr
▼ 13% YoY
Net profit · FY 2025
₹1.31 Cr
Net margin 5.9%
EBITDA · FY 2025
₹2.53 Cr
EBITDA margin 11.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹94.5 Lakh
Issued & subscribed
Satisfied charges
₹5 Cr
No open charges
Company age
30 yrs
Est. 1996
Employees · EPFO
14
Provident fund records
About Clarion Casein Limited
Data last updated:
Clarion Casein Limited is a public limited company based in Kadi, Gujarat, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 13 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15201GJ1996PLC030481. Its GSTIN is 24AAACC6358C1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.5 Lakh. It is led by directors including Pravinchandra Vadilal Shah (Managing Director) and Rahulbhai Pravinbhai Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 199 & 212 & 213/1 B/H Gujarat Raffia Irana, Kadi, Gujarat, India – 382715.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.33 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 5.9%) and EBITDA of ₹2.53 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Casein. As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Clarion Casein Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0019452). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website casein.co.in.
Company details
CIN U15201GJ1996PLC030481
Registration Number 030481
Incorporation Date 13 August 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-14-0019452
CIN history
Clarion Casein has one previous CIN (Corporate Identification Number): U15201GJ1996PTC030481. The current CIN is U15201GJ1996PLC030481, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15201GJ1996PLC030481 | Current |
| U15201GJ1996PTC030481 | Previous |
Key People
Pravinchandra Vadilal Shah Managing Director Rahulbhai Pravinbhai Shah Whole-Time Director Vishal Ashokbhai Shah Whole-Time Director Recognitions & Rankings of Clarion Casein
Contact details
Clarion Casein Limited's registered office is in Kadi, Gujarat. Its website is casein.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address199 & 212 & 213/1 B/H Gujarat Raffia Irana, Kadi, Gujarat, India – 382715
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Clarion Casein Limited, buy the company report.
Comprehensive company report
Clarion Casein 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
Clarion Casein operates one associated brand: Casein. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Casein production, quality assurance, and research and development in Gujarat. | casein.co.in |
Business activity
The main business activity of Clarion Casein is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Clarion Casein Limited, buy the company report.
Financials of Clarion Casein Limited
FY 2025 filings availableClarion Casein Limited reported revenue of ₹22.33 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹22.33 Cr ▼ 13%
Net profit · FY 2025
₹1.31 Cr margin 5.9%
EBITDA · FY 2025
₹2.53 Cr margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 11%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 12% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Clarion Casein Limited, buy the company report.
Board of directors of Clarion Casein Limited
Clarion Casein has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravinchandra Vadilal Shah Also directs: Baa Aamaa Pet Foods LLP, Supernova Chemicals Private Limited | Managing Director | 13 Aug 1996 | 30 Years 2 Months | Current |
| Rahulbhai Pravinbhai Shah Also directs: Baa Aamaa Pet Foods LLP, Intertech Export LLP | Whole-Time Director | 01 Apr 2000 | 26 Years 6 Months | Current |
| Bhavesh Pravinchandra Shah Also directs: Baa Aamaa Pet Foods LLP, Persistent Proteins Private Limited | Director | 01 Apr 2000 | 26 Years 6 Months | Current |
| Vishal Ashokbhai Shah Also directs: Baa Aamaa Pet Foods LLP | Whole-Time Director | 15 May 2008 | 18 Years 5 Months | Current |
| Manjulaben Pravinbhai Shah | Director | 01 Apr 2001 | 25 Years 6 Months | Current |
| Nikunj Ashokkumar Shah | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Clarion Casein Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goga Foods Limited | ₹22.42 Cr (FY 2025) | -1.0% | Sonia Vihar, Delhi, India | |||
| Clarion Casein Limitedthis company | ₹22.33 Cr (FY 2025) | ₹1.31 Cr | 5.9% | -13.0% | 14 | Kadi, Gujarat, India |
| Gangotri Milk and Agro Products Private Limited | ₹22.26 Cr (FY 2023) | 67.0% | Pune, Maharashtra, India | |||
| Simfra Frozen Foods Private Limited | ₹22.21 Cr (FY 2025) | 3.0% | Ernakulam, Kerala, India | |||
| Taneja Milk & Food Products Private Limited | ₹22.13 Cr (FY 2024) | 33.0% | Hisar, Haryana, India | |||
| Saraswati Dairy Products India Private Limited | ₹22.04 Cr (FY 2025) | 0.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Clarion Casein Limited, buy the company report.
Auditor
Clarion Casein Limited is audited by B.Shah & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.Shah & Associates | FY 2024 | 41442 |
Shareholding
The shareholding of Clarion Casein Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clarion Casein Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2006 | 80063978 | State Bank of Patiala | ₹2.5 Cr | Satisfied | |
| 08 Feb 2006 | 80063996 | State Bank of Patiala | ₹2.5 Cr | Satisfied |
To see the full charge records of Clarion Casein Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Clarion Casein Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Clarion Casein Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Clarion Casein Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 9 overdue payments to 7 micro and small suppliers. 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Jeevan Biotech | |||
| an individual supplier | |||
| Baa Aamaa Pet Foods LLP | |||
| an individual supplier |
To see the full MSME payment records of Clarion Casein Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Clarion Casein Limited has a workforce of 14 employees on its EPFO records as of Feb 15, 2025, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-26.32%
GST
Clarion Casein has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC6358C1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clarion Casein Limited, buy the company report.
Recent activity
Clarion Casein Limited has 13 board changes on record since 1996: 7 appointments and 6 cessations. The latest: Nikunj Ashokkumar Shah was appointed as Director on 30 Sep 2019.
AGM
Clarion Casein Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Clarion Casein Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 08 Feb 2006 via Charge ID 80063978 with State Bank Of Patiala was fully satisfied on 30 Jan 2024.
Charges
A charge registered on 08 Feb 2006 via Charge ID 80063996 with State Bank Of Patiala was fully satisfied on 25 Jan 2024.
Appointed
Nikunj Ashokkumar Shah was appointed as Director.
Ceased
Nikunj Ashokkumar Shah ceased to be Additional Director.
Ceased
Ashokbhai Vadilal Shah ceased to be Whole-Time Director.
Ceased
Himanshu Pravinbhai Shah ceased to be Director.
Ceased
Pravinchandra Vadilal Shah ceased to be Director.
Ceased
Rahulbhai Pravinbhai Shah ceased to be Director.
Ceased
Vishal Ashokbhai Shah ceased to be Director.
Appointed
Vishal Ashokbhai Shah was appointed as Whole-Time Director.
8 earlier events are in the company report.
Frequently asked questions
Clarion Casein is an active public limited company based in Kadi, Gujarat, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 13 August 1996 (30+ years old) and is registered under CIN U15201GJ1996PLC030481.
Clarion Casein has 7 current directors:
- Pravinchandra Vadilal Shah - Managing Director
- Rahulbhai Pravinbhai Shah - Whole-Time Director
- Vishal Ashokbhai Shah - Whole-Time Director
- Himanshu Pravinbhai Shah - Whole-Time Director
- Bhavesh Pravinchandra Shah - Director
- Manjulaben Pravinbhai Shah - Director
- Nikunj Ashokkumar Shah - Director
The latest financial statements of Clarion Casein on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clarion Casein is 24AAACC6358C1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Clarion Casein is U15201GJ1996PLC030481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clarion Casein has 1 court case on record: 1 filed against it.
Clarion Casein was incorporated on 13 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Clarion Casein by revenue are Goga Foods Limited, Gangotri Milk and Agro Products Private Limited, Simfra Frozen Foods Private Limited, Taneja Milk & Food Products Private Limited, Saraswati Dairy Products India Private Limited, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Nikunj Ashokkumar Shah was appointed as Director on 30 Sep 2019. Nikunj Ashokkumar Shah ceased to be Additional Director on 21 Aug 2019. Ashokbhai Vadilal Shah ceased to be Whole-Time Director on 11 Jun 2019. Clarion Casein has 13 board changes on record in total.
Yes, Clarion Casein is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0019452).
Clarion Casein has 3 MSME Form 1 returns on record between 2021 and 2022, listing 9 overdue payments to 7 micro and small suppliers. The latest return was filed on 27 Apr 2022.
Clarion Casein can be reached through the website casein.co.in. Its registered office is in Kadi, Gujarat, India.