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 29 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 10 peer companies in the Consumer Services industry (Restaurants) are compared by revenue, 5 larger and 5 smaller; the largest is Lite Bite Foods Private Limited. 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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address6th Floor Vaman Techno Centre, Makwana Road Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
- 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
Business Activity of Culinary Brands India Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Culinary Brands India Private Limited FY 2025 filings available
Culinary Brands India Private Limited reported revenue of ₹491.12 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Culinary Brands India Private Limited
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 of Culinary Brands India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹37.99 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 Culinary Brands India Private Limited
| 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% | •••• | •••• | •••• | •••• |
| 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 Culinary Brands India 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.
Peer Comparison of Culinary Brands India Private Limited
Culinary Brands India Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Restaurants). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lite Bite Foods Private Limited | •••• | •••• | •••• | •••• | 3,662 | New Delhi, Delhi, India |
| Oam Industries (India) Private Limited | •••• | •••• | •••• | •••• | 4,403 | Mumbai, Maharashtra, India |
| Theobroma Foods Private Limited | •••• | •••• | •••• | •••• | 2,245 | Mumbai, Maharashtra, India |
| Om Sweets Private Limited | •••• | •••• | •••• | •••• | 2,944 | New Delhi, Delhi, India |
| Sanwaria Sweets Private Limited | •••• | •••• | •••• | •••• | 1,153 | Jaipur, Rajasthan, India |
| Culinary Brands India Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Haldiram Marketing Pvt Ltd | •••• | •••• | •••• | •••• | 578 | Basai Road, Haryana, India |
| Thalappakatti Hotels Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Haldiram Bhujiawala Ltd. | •••• | •••• | •••• | •••• | 388 | Kolkata, West Bengal, India |
| Wow Momo Foods Private Limited | •••• | •••• | •••• | •••• | 6,067 | Kolkata, West Bengal, India |
| Haldi Ram Products Private Limited | •••• | •••• | •••• | •••• | 1,759 | Basai Road, Haryana, India |
Peers are the five companies nearest above and the five nearest below Culinary Brands India by revenue in the Consumer Services industry (Restaurants), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Culinary Brands India Private Limited
Culinary Brands India Private Limited is audited by B S R and Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R and Co | 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 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 4 Months | Current |
| Nitin Ramchand Motwani Also directs: Fresh and Honest Cafe Private Limited | Director | 22 Dec 2021 | 4 Years 9 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 0 Months | Current |
Ownership and Shareholding of Culinary Brands India 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 Culinary Brands India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹150 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Culinary Brands India Private Limited
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 |
Full deal history
All 5 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.
Legal Cases of Culinary Brands India Private Limited
Culinary Brands India Private Limited has 76 court cases on record: 38 filed by Culinary Brands India, 29 filed against it, 9 where it is another party. 21 cases are pending and 55 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 7 | 11 |
| District courts | 33 | 22 | 10 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Gopalan Enterprises (India) Private Limited | Pending |
| High Court of Delhi | Court case (CONT.CAS(C)) | Filed by the company against Athene Hospitality Services Private Limited | Disposed |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against Athene Hospitality Services Private Limited | Disposed |
| Calcutta High Court | Court case (AO-COM) | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by an individual | Pending |
Full case history
All 76 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Culinary Brands India Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 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 Culinary Brands India Private Limited
Culinary Brands India Private Limited has a workforce of 3,248 employees as of Dec 02, 2025.
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.
Name History of Culinary Brands India Private Limited
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 of Culinary Brands India Private Limited
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 |
News related to Culinary Brands India Private Limited
Recent Activity on Culinary Brands India Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Culinary Brands India 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 Culinary Brands India 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 Culinary Brands India Private Limited
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 |
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 Culinary Brands India 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 Culinary Brands India Private Limited
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 reported revenue of ₹491.12 Cr for FY 2025 (up 34% YoY).
Culinary Brands India has 3 current directors:
- Inal Jaganath Rao - Director
- Nitin Ramchand Motwani - Director
- Sandeep Kumar Singh - Additional Director
Culinary Brands India reported a net loss of ₹37.99 Cr (net margin -7.7%) and EBITDA of ₹56.99 Cr (EBITDA margin 11.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Culinary Brands India is 73% over three years and 36% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
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 29 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, Oam Industries (India) Private Limited, Theobroma Foods Private Limited, Om Sweets Private Limited, Sanwaria Sweets Private Limited and 5 more, all in the Consumer Services industry (Restaurants).
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.