About Fni Spices Private Limited
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Fni Spices Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company operates in the manufacturing sector. It was incorporated on 22 March 2024.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46305MH2024PTC422027.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Moloy Saha and Milan Bhupendra Dalal.
Its last annual general meeting (AGM) was held on 29 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹18.95 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹3.38 Cr (net margin -17.8%) and EBITDA of -₹2.03 Cr (EBITDA margin -10.7%).
The company is associated with 1 brand: Kusum Spices. As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹4 Cr on record.
For more details, the company can be reached via its website kusumspices.com.
Company details
Contact details
Fni Spices Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressSmall Scale Industrial Premises Development Co Operative Society Limited, Plot No – 7 Udyog Nagar S V Road Goregaon (W), Mumbai, Maharashtra, India – 400104
- 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
Brands
Fni Spices operates one associated brand: Kusum Spices. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Spices and seasonings are branded and distributed by Kusum Spices. | kusumspices.com |
Business activity
The main business activity of Fni Spices is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Fni Spices Private Limited, buy the company report.
Financials of Fni Spices Private Limited
FY 2026 filings availableFni Spices Private Limited reported revenue of ₹18.95 Cr (down 12% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA fell 358% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹18.95 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.03 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.38 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -10.7% | ||
| Net Profit Margin | -17.8% | ||
| 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 | |||
To see the full financial statements and ratios of Fni Spices Private Limited, buy the company report.
Board of directors of Fni Spices Private Limited
Fni Spices has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Moloy Saha Also directs: Beyond Mango Private Limited, F-Had Private Limited | Director | 22 Mar 2024 | 2 Years 7 Months | Current |
| Milan Bhupendra Dalal Also directs: Foods and Inns Limited, Muller and Phipps (India) Limited, Mpil Corporation Ltd and 5 more | Director | 22 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Fni Spices Private Limited is audited by ASL & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASL & Co. | FY 2026 | 101921W |
Shareholding
The shareholding of Fni Spices Private Limited is on record for 3 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fni Spices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2026 | 101406782 | State Bank of India | ₹2 Cr | Open | |
| 29 Sep 2025 | 101168060 | State Bank of India | ₹10 Cr | Open | |
| 05 Sep 2024 | 100971647 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Fni Spices Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Fni Spices Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fni Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fni Spices Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fni Spices Private Limited has 2 board changes on record since 2024: 2 appointments. The latest: Milan Bhupendra Dalal was appointed as Director on 22 Mar 2024.
Frequently asked questions
Fni Spices is an active private limited company based in Mumbai, Maharashtra, India. The company works in the manufacturing industry. It was incorporated on 22 March 2024 (2+ years old) and is registered under CIN U46305MH2024PTC422027.
Fni Spices has 2 current directors:
- Moloy Saha - Director
- Milan Bhupendra Dalal - Director
The latest financial statements of Fni Spices on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 June 2026. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Fni Spices is U46305MH2024PTC422027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fni Spices was incorporated on 22 March 2024, making it 2+ years old. It is registered with the Registrar of Companies, Mumbai.
Milan Bhupendra Dalal was appointed as Director on 22 Mar 2024. Moloy Saha was appointed as Director on 22 Mar 2024.
Fni Spices can be reached through the website kusumspices.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fni Spices is at Small Scale Industrial Premises Development Co Operative Society Limited, Plot No – 7 Udyog Nagar S V Road Goregaon W, Mumbai, Maharashtra, India – 400104.
Fni Spices operates in the manufacturing industry.
Fni Spices has open charges of ₹12 Cr and satisfied charges of ₹4 Cr as per latest MCA filings.
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