About Culinary Brands India Private Limited
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Culinary Brands India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Culinary Brands Private Limited. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 10 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2002PTC416960. Its GSTIN is 27AAGCS5808M1ZV (Maharashtra). The company holds 31 GST registrations, of which 30 are active.
The company has an authorised share capital of ₹17.6 Cr and a paid-up capital of ₹15.65 Cr. It was formerly known as Subway Systems India Private Limited. It is led by directors including Inal Jaganath Rao and Nitin Ramchand Motwani.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹491.12 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹37.99 Cr (net margin -7.7%) and EBITDA of ₹56.99 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 36% over five years.
The company has about 3,248 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹150 Cr on record. Court records list 76 cases involving the company, including 38 filed by the company and 38 filed against it; 21 cases are pending. The company has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in January 2024. Its 3 peer companies in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 2 larger and 1 smaller; the largest is Lite Bite Foods Private Limited with revenue of ₹735.8 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 167 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website subway.com.
Company details
Name history
Culinary Brands India has undergone 2 name changes throughout its history. The company was previously known as Subway Systems India Private Limited, and Culinary Brands India Private Limited. The current legal name is Culinary Brands India Private Limited.
| Company Name | Status |
|---|---|
| Culinary Brands India Private Limited | Current |
| Subway Systems India Private Limited | Previous |
CIN history
Culinary Brands India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55101MH2002PTC416960, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH2002PTC416960 | Current |
| U55101DL2002PTC116916 | Previous |
| U55101HR2002PTC084409 | Previous |
Contact details
Culinary Brands India Private Limited's registered office is in Mumbai, Maharashtra. Its website is subway.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6th Floor Vaman Techno Centre, Makwana Road Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Culinary Brands India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Culinary Brands India is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Culinary Brands India Private Limited, buy the company report.
Financials of Culinary Brands India Private Limited
FY 2025 filings availableCulinary Brands India Private Limited reported revenue of ₹491.12 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 34% growth in the latest year. EBITDA rose 60% 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 |
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| EBITDA | ₹56.99 Cr | ||||
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| Net Profit (PAT) | -₹37.99 Cr | ||||
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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 | 11.6% | ||||
| Net Profit Margin | -7.7% | ||||
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To see the full financial statements and ratios of Culinary Brands India Private Limited, buy the company report.
Board of directors of Culinary Brands India Private Limited
Culinary Brands India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inal Jaganath Rao | Director | 14 May 2014 | 12 Years 5 Months | Current |
| Nitin Ramchand Motwani Also directs: Fresh and Honest Cafe Private Limited | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
| Sandeep Kumar Singh Also directs: Fresh and Honest Cafe Private Limited, Everbrands India Private Limited, Wingify Software Private Limited and 2 more | Additional Director | 12 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Culinary Brands India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lite Bite Foods Private Limited | ₹735.8 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Sanwaria Sweets Private Limited | ₹538.6 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| Culinary Brands India Private Limitedthis company | ₹491.12 Cr (FY 2025) | -₹37.99 Cr | -7.7% | 34.0% | 3,248 | Mumbai, Maharashtra, India |
| Thalappakatti Hotels Private Limited | ₹474.88 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Culinary Brands India Private Limited, buy the company report.
Auditor
Culinary Brands India Private Limited is audited by B S R and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Co | FY 2023 | 128510W |
Shareholding
The shareholding of Culinary Brands India Private 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 Culinary Brands India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2023 | 100699708 | The Hongkong and Shanghai Banking Corporation Limited | ₹150 Cr | Open |
To see the full charge records of Culinary Brands India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Culinary Brands India Private Limited has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in January 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Rights issue | ₹100 Cr | Investors: Everbrands India Private Limited |
| Jul 2023 | Rights issue | ₹100 Cr | Investors: Everbrands India Private Limited |
| Dec 2022 | Rights issue | ₹89.6 Cr | Investors: Everbrands India Private Limited |
| Dec 2022 | Rights issue | ₹10.4 Cr | Investors: Everbrands India Private Limited |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: Everbrands India Private Limited Seller: Subway International B.V |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Culinary Brands India Private Limited has 76 court cases on record: 38 filed by Culinary Brands India, 38 filed against it. 21 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 10 | 11 |
| District courts | 33 | 28 | 10 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (AO-COM) | Filed against the company by Bla International Private Limited and 1 other | Pending |
| District court, South Twenty Four Parganas, West Bengal | Court case (TS (Com)) | Filed against the company by Bla International Private Limited and 1 other | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Gopalan Enterprises | Pending |
| High Court, TAMIL NADU | Execution petition | Filed by the company against Yes Bank Limited and 1 other | Disposed |
| High Court of Delhi | Court case (CONT.CAS(C)) | Filed by the company against Athene Hospitality Services Pvt Ltd | Disposed |
To see the full case history of Culinary Brands India Private 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
Culinary Brands India Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 167 overdue payments to 33 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 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shankar Mall | |||
| an individual supplier | |||
| an individual supplier | |||
| Kalakurti Enterprises |
To see the full MSME payment records of Culinary Brands India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Culinary Brands India Private Limited has a workforce of 3,248 employees on its EPFO records as of Dec 02, 2025, across 1 active EPFO establishment.
GST
Culinary Brands India has 31 GST registrations: 30 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS5808M1ZV | Maharashtra | Active | 23 Aug 2017 |
| 07AAGCS5808M1ZX | Delhi | Active | 01 Jul 2017 |
| 22AAGCS5808M1Z5 | Chattisgarh | Active | 01 Jul 2017 |
| 33AAGCS5808M1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Culinary Brands India Private Limited, buy the company report.
Recent activity
Culinary Brands India Private Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Sandeep Kumar Singh was appointed as Additional Director on 12 Sep 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Culinary Brands India is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 10 September 2002 (24+ years old) and is registered under CIN U55101MH2002PTC416960.
Culinary Brands India has 3 current directors:
- Inal Jaganath Rao - Director
- Nitin Ramchand Motwani - Director
- Sandeep Kumar Singh - Additional Director
The latest financial statements of Culinary Brands India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Culinary Brands India is 27AAGCS5808M1ZV, registered in Maharashtra. The company has 31 GST registrations in all, of which 30 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAGCS5808M1ZX (Delhi), 22AAGCS5808M1Z5 (Chattisgarh), 33AAGCS5808M1Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of Culinary Brands India is U55101MH2002PTC416960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Culinary Brands India has 76 court cases on record: 38 filed by the company and 38 filed against it. 21 are pending. Most are in the high courts.
Culinary Brands India was incorporated on 10 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Culinary Brands India has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in January 2024.
The peers of Culinary Brands India by revenue are Lite Bite Foods Private Limited, Sanwaria Sweets Private Limited, Thalappakatti Hotels Private Limited, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Sandeep Kumar Singh was appointed as Additional Director on 12 Sep 2025. Nitin Ramchand Motwani ceased to be Additional Director on 27 Sep 2022. Ranjit Talwar ceased to be Whole-Time Director on 01 Feb 2022. Culinary Brands India has 14 board changes on record in total.
Culinary Brands India has 7 MSME Form 1 returns on record between 2019 and 2024, listing 167 overdue payments to 33 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Culinary Brands India can be reached through the website subway.com. Its registered office is in Mumbai, Maharashtra, India.