About Indigo Flavours Private Limited
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Indigo Flavours Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 20 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15140MH2004PTC146437. Its GSTIN is 27AABCI2361J1ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Kamal Radhakrishna Ladsariya and Anandkumar Radhakrishna Ladsariya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 104 Mhatre Pen Bulding Senapati Bapat Marg Dadar(W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹61.92 Lakh (net margin 45.8%) and EBITDA of ₹85.77 Lakh (EBITDA margin 63.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 17% over five years.
Court records list 23 cases involving the company, including 8 filed by the company and 15 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website everestflavours.com.
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- Registered Address104 Mhatre Pen Bulding Senapati Bapat Marg Dadar(W), Mumbai, Maharashtra, India – 400028
- IndustryFood and Beverages, Flavouring & Seasoning Additives
- 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 Indigo Flavours Private Limited FY 2025 filings available
Indigo Flavours Private Limited reported revenue of ₹1.35 Cr (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indigo Flavours Private Limited
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 79% 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 Indigo Flavours 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 | ₹85.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.92 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 of Indigo Flavours Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 45.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Indigo Flavours 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 Indigo Flavours Private Limited
Indigo Flavours Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deep Salt Private Limited | ₹1.62 Cr (FY 2024) | •••• | •••• | •••• | Banaskantha, Gujarat, India | |
| Clique Exports Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Mumbai, Maharashtra, India |
| Sakurafresh Beverage and Food Private Limited | ₹1.44 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| James Pokpins & Co. Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Bhuvas Elements Private Limited | ₹1.36 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Delhi, India |
| Indigo Flavours Private Limited this company | ₹1.35 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Mumbai, Maharashtra, India |
| Mawiya Foods Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Jalgaon, Maharashtra, India |
| Flora Natural Flavours and Extracts Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Thrissur, Kerala, India |
| Shree Shyam Salt Products Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Gujarat, India |
| Sree Maruthi Marine Industries Limited | ₹1.24 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Sarvesh Salt and Chemicals Private Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Jamnagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Indigo Flavours by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indigo Flavours Private Limited
Indigo Flavours Private Limited is audited by M B AGRAWAL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M B AGRAWAL & 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 Indigo Flavours Private Limited
Indigo Flavours has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Radhakrishna Ladsariya Also directs: Creative Fragrances LLP, Dhanvridhi Holdings Private Limited, Sukhramdas Securities P Ltd and 2 more | Director | 21 Feb 2005 | 21 Years 7 Months | Current |
| Anandkumar Radhakrishna Ladsariya Also directs: Creative Fragrances LLP, Fairfaith Aromatics LLP, Anand R Ladsariya Shares and Stock Brokers LLP and 5 more | Director | 20 May 2004 | 22 Years 4 Months | Current |
Ownership and Shareholding of Indigo Flavours 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 Indigo Flavours Private Limited
Indigo Flavours Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Indigo Flavours Private Limited
Indigo Flavours Private Limited has 23 court cases on record: 8 filed by Indigo Flavours, 15 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 14 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jammu and Kashmir and Ladakh | Tax appeal | Filed against the company by Commissioner CGST and Central Excise J and K | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Tax appeal | Filed against the company by Commissioner of Central GST and Central Excise J and K Jammu | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Tax appeal | Filed against the company by Commissioner C G S T and Central Excise Jammu | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Court case (OWP) | Filed by the company against Union of India Th. Ministry of Finance | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Court case (MCC) | Filed by the company against Uoi.Th.Ministry of Finance | Disposed |
Full case history
All 23 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.
Employees and EPFO Compliance at Indigo Flavours Private Limited
Employment history and EPFO contributions of people linked to Indigo Flavours.
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.
Recent Activity on Indigo Flavours Private Limited
Indigo Flavours Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Siddharth Anand Ladsariya ceased to be Director on 11 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Indigo Flavours 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.
MSME Payment Delays by Indigo Flavours Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indigo Flavours 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 Indigo Flavours Private Limited
Indigo Flavours has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI2361J1ZM | Maharashtra | 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 Indigo Flavours 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 Indigo Flavours Private Limited
Indigo Flavours is an active private limited company based in Mumbai, Maharashtra, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 20 May 2004 (22+ years old) and is registered under CIN U15140MH2004PTC146437.
Indigo Flavours reported revenue of ₹1.35 Cr for FY 2025 (down 70% YoY).
Indigo Flavours has 2 current directors:
- Kamal Radhakrishna Ladsariya - Director
- Anandkumar Radhakrishna Ladsariya - Director
Indigo Flavours reported a net profit of ₹61.92 Lakh (net margin 45.8%) and EBITDA of ₹85.77 Lakh (EBITDA margin 63.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indigo Flavours is 28% over three years and 17% over five years. In the latest year (FY 2025) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indigo Flavours is 27AABCI2361J1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Indigo Flavours is U15140MH2004PTC146437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indigo Flavours has 23 court cases on record: 8 filed by the company and 15 filed against it. Most are in the high courts.
Indigo Flavours was incorporated on 20 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Indigo Flavours by revenue are Deep Salt Private Limited, Clique Exports Private Limited, Sakurafresh Beverage and Food Private Limited, James Pokpins & Co. Private Limited, Bhuvas Elements Private Limited and 5 more, all in the Food and Beverages industry (Flavouring and Seasoning Additives).
Siddharth Anand Ladsariya ceased to be Director on 11 Sep 2023. Kamal Radhakrishna Ladsariya was appointed as Director on 21 Feb 2005. Anandkumar Radhakrishna Ladsariya was appointed as Director on 20 May 2004.