About Elite Specialities Private Limited
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Elite Specialities Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 31 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U15400KL2012PTC030922. Its GSTIN is 32AADCE0594P3ZC (Kerala). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.97 Cr. It was formerly known as Elite Food Specialities Private Limited. It is led by directors including Thandassery Raghavan Raghulal (Managing Director) and Sariga Karathan Madhavan Raghulal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at IX/256 SIDCO Industrial Estate P.O. Peringandoor, Thrissur, Kerala, India – 680581.
As per the financials filed for FY 2023, the company reported a revenue of ₹31.66 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 4.2%) and EBITDA of ₹1.34 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 31% over five years.
As per MCA filings, the company has satisfied charges of ₹3.65 Cr on record. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.95 Cr; the latest was in December 2015. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website elitewellness.in.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressIX/256 SIDCO Industrial Estate P.O. Peringandoor, Thrissur, Kerala, India – 680581
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
- 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
- One PDF report, delivered after checkout
Financials of Elite Specialities Private Limited FY 2024 filings available
Elite Specialities Private Limited reported revenue of ₹31.66 Cr (up 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Elite Specialities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 51% growth in the latest year. EBITDA rose 25% 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 of Elite Specialities Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹31.66 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Elite Specialities Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elite Specialities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Elite Specialities Private Limited
Elite Specialities Private Limited is audited by VARMA&VARMA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARMA&VARMA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elite Specialities Private Limited
Elite Specialities has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sariga Karathan Madhavan Raghulal Also directs: Elite Retail Ventures India LLP, Elite Natural Private Limited, Caratsmith Jewellers Private Limited and 5 more | Director | 31 Mar 2012 | 14 Years 6 Months | Current |
| Danesa Thandassery Raghulal | Director | 03 Mar 2018 | 8 Years 7 Months | Current |
| Thandassery Raghavan Raghulal | Managing Director | 31 Mar 2012 | 14 Years 6 Months | Current |
| Sheela Rajiven Also directs: Ecova Developers LLP, Elite Retail Ventures India LLP, Yamuna Roller Flour Mills Private Limited and 5 more | Director | 12 Nov 2012 | 13 Years 10 Months | Current |
Ownership and Shareholding of Elite Specialities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elite Specialities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2012 | State Bank of India | ₹3.65 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Elite Specialities Private Limited
Elite Specialities Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.95 Cr; the latest was in December 2015.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Yamuna Roller Flour Mills Private Limited Seller: Elite Naturals Private Limited, Elite Foods Pvt Limited |
| Apr 2012 | Funding round | ₹1.23 Cr | Investors: Elite Naturals Private Limited, Elite Foods Pvt Limited , Yamuna Roller Flour Mills Private Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Elite Specialities Private Limited
Elite Specialities Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elite Natural Private Limited | •••• | •••• | •••• |
| Yamuna Roller Flour Mills Private Limited | •••• | •••• | •••• |
| Elite Foods Pvt Limited | •••• | •••• | •••• |
| Control Print Limited | •••• | •••• | •••• |
| Elite Agro Specialities | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Elite Specialities Private Limited
Employment history and EPFO contributions of people linked to Elite Specialities.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Elite Specialities Private Limited
Recent Activity on Elite Specialities Private Limited
Elite Specialities Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Danesa Thandassery Raghulal ceased to be Additional Director on 17 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Elite Specialities Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elite Specialities Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elite Specialities Private Limited
Elite Specialities has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCE0594P3ZC | Kerala | Active | 22 Jun 2019 |
| 27AADCE0594P1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 33AADCE0594P2ZB | Tamil Nadu | Active | 07 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elite Specialities Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elite Specialities Private Limited
Elite Specialities is an active private limited company based in Thrissur, Kerala, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 31 March 2012 (14+ years old) and is registered under CIN U15400KL2012PTC030922.
Elite Specialities reported revenue of ₹31.66 Cr for FY 2023 (up 51% YoY).
Elite Specialities has 4 current directors:
- Thandassery Raghavan Raghulal - Managing Director
- Sariga Karathan Madhavan Raghulal - Director
- Danesa Thandassery Raghulal - Director
- Sheela Rajiven - Director
Elite Specialities reported a net profit of ₹1.34 Cr (net margin 4.2%) and EBITDA of ₹1.34 Cr (EBITDA margin 4.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elite Specialities is 49% over three years and 31% over five years. In the latest year (FY 2023) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elite Specialities is 32AADCE0594P3ZC, registered in Kerala. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 27AADCE0594P1Z5 (Maharashtra), 33AADCE0594P2ZB (Tamil Nadu).
The CIN (Corporate Identification Number) of Elite Specialities is U15400KL2012PTC030922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Specialities was incorporated on 31 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
Elite Specialities has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.95 Cr; the latest was in December 2015.
Danesa Thandassery Raghulal ceased to be Additional Director on 17 Dec 2018. Danesa Thandassery Raghulal was appointed as Director on 03 Mar 2018. Sheela Rajiven was appointed as Director on 12 Nov 2012. Elite Specialities has 5 board changes on record in total.
Elite Specialities has 4 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 5 micro and small suppliers. The latest return was filed on 27 Aug 2023.