Image Specialities India Private Limited

Image Specialities India Private Limited - chemicals and materials in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U51102KA2001PTC028694 Incorporated 01 March 2001 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company chemicals and materials MSME · Micro
Data last updated
Revenue · FY 2024
₹6.19 Cr
▲ 29% YoY
Net profit · FY 2024
₹6.11 Lakh
Net margin 1%
EBITDA · FY 2024
₹24.88 Lakh
EBITDA margin 4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹55 Lakh
Issued & subscribed
Open charges
₹6.28 Cr
Satisfied ₹26.45 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
9
Provident fund records

About Image Specialities India Private Limited

Data last updated:

Image Specialities India Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 01 March 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51102KA2001PTC028694. Its GSTIN is 29AAACI7925D1ZK (Karnataka).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55 Lakh. It was formerly known as Image Fragrance Private Limited. It is led by directors Gagan Jagadish Patil and Anupama Jagadish Patil.

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 Plot # 325 – 0 Harohalli Ia 2nd Phase Kanakapura, Bengaluru, Karnataka, India – 562112.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.19 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹6.11 Lakh (net margin 1%) and EBITDA of ₹24.88 Lakh (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 16% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.28 Cr and satisfied charges of ₹26.45 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.

Image Specialities India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0001372). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ispecialities.com.

Company details

CIN U51102KA2001PTC028694
Registration Number 028694
Incorporation Date 01 March 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0001372
Key People
Gagan Jagadish Patil Director Anupama Jagadish Patil Director

Recognitions & Rankings of Image Specialities India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-02-0001372

Contact details

Image Specialities India Private Limited's registered office is in Bengaluru, Karnataka. Its website is ispecialities.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ispecialities.com
  • Registered Address
    Plot # 325 – 0 Harohalli Ia 2nd Phase Kanakapura, Bengaluru, Karnataka, India – 562112
  • Industry
    Chemicals and Materials, Aromatics & Benzene Derivatives

To see the full contact details of Image Specialities India Private Limited, buy the company report.

Comprehensive company report
Image Specialities India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Image Specialities India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Image Specialities India Private Limited, buy the company report.

Financials of Image Specialities India Private Limited

FY 2024 filings available

Image Specialities India Private Limited reported revenue of ₹6.19 Cr (up 29% YoY) for FY 2024.

Revenue · FY 2024
₹6.19 Cr ▲ 29%
Net profit · FY 2024
₹6.11 Lakh margin 1%
EBITDA · FY 2024
₹24.88 Lakh margin 4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 2%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 32%
5 years · compounded
▼ 32%

Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 58% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹24.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.11 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4%
Net Profit Margin1%
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 Image Specialities India Private Limited, buy the company report.

Board of directors of Image Specialities India Private Limited

Image Specialities India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gagan Jagadish PatilDirector01 Oct 201313 Years 1 MonthsCurrent
Anupama Jagadish PatilDirector22 Jul 20197 Years 3 MonthsCurrent
View all directors

Peer comparison

Image Specialities India Private Limited is compared with the 4 companies closest to it by revenue in the FMCG industry (Aromatics, Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Right Herbal Private Limited₹6.35 Cr (FY 2024)-39.0%Chennai, Tamil Nadu, India
Privi Organics Limited₹6.33 Cr (FY 2022)558.0%Thane, Maharashtra, India
Image Specialities India Private Limitedthis company₹6.19 Cr (FY 2024)₹6.11 Lakh1%29.0%9Bengaluru, Karnataka, India
Tojo Vikas Biotech Private Limited₹6.12 Cr (FY 2025)206.0%Bangalore, Karnataka, India
Kanha Detergent Private Limited₹6.08 Cr (FY 2024)-37.0%Kanpur Dehat, Uttar Pradesh, India

To see the full peer comparison of Image Specialities India Private Limited, buy the company report.

Auditor

Image Specialities India Private Limited is audited by G S VASAN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
G S VASAN & ASSOCIATESFY 2023009627S

Shareholding

The shareholding of Image Specialities India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Image Specialities India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.28 Cr
Satisfied charges
₹26.45 Cr
Breakdown by lending institutions
Others₹6.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jan 2024100905089Others₹6.28 CrOpen
14 Mar 2019100251603Others₹6.55 CrSatisfied
02 Sep 201410535187Others₹5.45 CrSatisfied
28 Aug 201410526131Deutsche Bank Ag₹2.75 CrSatisfied
20 Feb 201310412134Kotak Mahindra Bank Limited₹6 CrSatisfied

To see the full charge records of Image Specialities India Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

Image Specialities India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 54 overdue payments to 10 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 10)

SupplierAmount dueDue sinceReported on
Rajasthan Detergents
an individual supplier
an individual supplier
Amar Trading House
Lalit Chemicals

To see the full MSME payment records of Image Specialities India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Image Specialities India Private Limited has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-25%

GST

Image Specialities India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACI7925D1ZKKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Image Specialities India Private Limited, buy the company report.

Recent activity

Image Specialities India Private Limited has 6 board changes on record since 2001: 4 appointments and 2 cessations. The latest: Anupama Jagadish Patil was appointed as Director on 22 Jul 2019.

AGM
Image Specialities India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Image Specialities India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 6.28 Cr with Charge ID 100905089 was registered on 18 Jan 2024.
Charges
A charge registered on 14 Mar 2019 via Charge ID 100251603 with Others was fully satisfied on 13 Dec 2021.
Charges
A charge with Others of Rs. 6.55 Cr registered on 14 Mar 2019 with Charge ID 100251603 was modified on 28 Dec 2020.
Charges
A charge registered on 28 Aug 2014 via Charge ID 10526131 with Deutsche Bank Ag was fully satisfied on 05 Aug 2019.
Appointed
Anupama Jagadish Patil was appointed as Director.
Ceased
Jagadish Parvathappa Patil ceased to be Director.
Charges
A charge registered on 02 Sep 2014 via Charge ID 10535187 with Others was fully satisfied on 25 Apr 2019.
Charges
A charge with Others amounted to Rs. 6.55 Cr with Charge ID 100251603 was registered on 14 Mar 2019.
Charges
A charge with Others of Rs. 5.45 Cr registered on 02 Sep 2014 with Charge ID 10535187 was modified on 05 Aug 2017.
Charges
A charge registered on 20 Feb 2013 via Charge ID 10412134 with Kotak Mahindra Bank Limited was fully satisfied on 25 Sep 2014.

12 earlier events are in the company report.

Frequently asked questions

Image Specialities India is an active private limited company based in Bengaluru, Karnataka, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 01 March 2001 (25+ years old) and is registered under CIN U51102KA2001PTC028694.

Image Specialities India has 2 current directors:

The latest financial statements of Image Specialities India 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 Image Specialities India is 29AAACI7925D1ZK, registered in Karnataka.

The CIN (Corporate Identification Number) of Image Specialities India is U51102KA2001PTC028694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Image Specialities India has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending.

Image Specialities India was incorporated on 01 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Image Specialities India by revenue are Right Herbal Private Limited, Privi Organics Limited, Tojo Vikas Biotech Private Limited, Kanha Detergent Private Limited, all in the FMCG industry (Aromatics, Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Anupama Jagadish Patil was appointed as Director on 22 Jul 2019. Jagadish Parvathappa Patil ceased to be Director on 20 Jun 2019. Gagan Jagadish Patil was appointed as Director on 01 Oct 2013. Image Specialities India has 6 board changes on record in total.

Yes, Image Specialities India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0001372).

Image Specialities India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 54 overdue payments to 10 micro and small suppliers. The latest return was filed on 25 Jul 2019.

Image Specialities India can be reached through the website ispecialities.com. Its registered office is in Bengaluru, Karnataka, India.