- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-11-0000248

About Elite Natural Private Limited
Data last updated:
Elite Natural Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 19 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U15419KL1995PTC009142. Its GSTIN is 32AAACE8668B1ZV (Kerala). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Elite Bakers Private Limited. It is led by directors including Sariga Raghulal Karathan Madhavan (Managing Director) and Thandassery Raghavan Raghulal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 22A Development Plotperingandoor, Thrissur, Kerala, India – 680581.
As per the financials filed for FY 2023, the company reported a revenue of ₹162.2 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹3.15 Cr (net margin 1.9%) and EBITDA of ₹4.96 Cr (EBITDA margin 3.1%).
The company has about 566 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹23.91 Cr on record. Court records list 40 cases involving the company, including 33 filed by the company and 7 filed against it; 4 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8.1 Lakh; the latest was in March 2013.
Elite Natural Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0000248). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eliteindia.com.
Company details
Recognitions & Rankings of Elite Natural
Contact details
Elite Natural Private Limited's registered office is in Thrissur, Kerala. Its website is eliteindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22A Development Plotperingandoor, Thrissur, Kerala, India – 680581
- IndustryFood and Beverages, Staple Foods & Grains, Bakery & Confectionery Products
To see the full contact details of Elite Natural 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
Financials of Elite Natural Private Limited
FY 2024 filings availableElite Natural Private Limited reported revenue of ₹162.2 Cr (up 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year. EBITDA rose 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹162.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elite Natural Private Limited, buy the company report.
Board of directors of Elite Natural Private Limited
Elite Natural has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thandassery Raghavan Raghulal | Director | 19 Jun 1995 | 31 Years 4 Months | Current |
| Sariga Raghulal Karathan Madhavan Also directs: Elite Retail Ventures India LLP, Elite Specialities Private Limited, Caratsmith Jewellers Private Limited and 5 more | Managing Director | 11 Oct 2012 | 14 Years 0 Months | Current |
| Danesa Raghulal Thandassery | Director | 06 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Elite Natural Private Limited is audited by Varma & Varma Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma & Varma Chartered Accountants | FY 2023 | 004532S |
Shareholding
The shareholding of Elite Natural Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elite Natural Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2024 | 101005086 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 12 Aug 2024 | 100972043 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 05 Jul 2014 | 10519261 | State Bank of India | ₹20 Cr | Satisfied | |
| 13 Jan 2012 | 10333918 | Canara Bank | ₹3.91 Cr | Satisfied |
To see the full charge records of Elite Natural Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Elite Natural Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8.1 Lakh; the latest was in March 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2012 | Funding round | ₹8.1 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elite Natural Private Limited has 40 court cases on record: 33 filed by Elite Natural, 7 filed against it. 4 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 3 | 0 |
| District courts | 14 | 4 | 4 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kollam, Kerala | Criminal miscellaneous application | Filed against the company | Pending |
| Madras High Court | Court case (CMA(TM)) | Filed against the company | Disposed |
To see the full case history of Elite Natural 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.
Credit ratings & regulatory alerts
Elite Natural Private Limited was last rated by Crisil on 04 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Sep 2020 |
To see the full credit ratings and regulatory alerts of Elite Natural Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elite Natural Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Elite Natural has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Elite Natural Private Limited has a workforce of 566 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Elite Natural has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACE8668B1ZV | Kerala | Active | 01 Jul 2017 |
| 29AAACE8668B1ZI | Karnataka | Active | 01 Jul 2017 |
| 33AAACE8668B1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 36AAACE8668B1ZN | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elite Natural Private Limited, buy the company report.
Recent activity
Elite Natural Private Limited has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Danesa Raghulal Thandassery was appointed as Director on 06 Mar 2018.
6 earlier events are in the company report.
Frequently asked questions
Elite Natural is an active private limited company based in Thrissur, Kerala, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 19 June 1995 (31+ years old) and is registered under CIN U15419KL1995PTC009142.
Elite Natural has 3 current directors:
- Sariga Raghulal Karathan Madhavan - Managing Director
- Thandassery Raghavan Raghulal - Director
- Danesa Raghulal Thandassery - Director
The latest financial statements of Elite Natural on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elite Natural is 32AAACE8668B1ZV, registered in Kerala. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACE8668B1ZI (Karnataka), 33AAACE8668B1ZT (Tamil Nadu), 36AAACE8668B1ZN (Telangana).
The CIN (Corporate Identification Number) of Elite Natural is U15419KL1995PTC009142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Natural has 40 court cases on record: 33 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
Elite Natural was incorporated on 19 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ernakulam.
Elite Natural has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8.1 Lakh; the latest was in March 2013.
Danesa Raghulal Thandassery was appointed as Director on 06 Mar 2018. Sariga Raghulal Karathan Madhavan was appointed as Managing Director on 11 Oct 2012. Yamuna Bai Raghavan ceased to be Director on 11 Oct 2012. Elite Natural has 5 board changes on record in total.
Yes, Elite Natural is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-11-0000248).

