About Jay Bharat Spices Private Limited
Data last updated:
Jay Bharat Spices Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 12 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51225OR2003PTC007311. Its GSTIN is 21AABCJ4531H1Z2 (Odisha). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹66.35 Lakh. It is led by directors including Susanta Kumar Panda (Managing Director) and Surendra Panda Nath.
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 Imam Nagarrnear Khaira Bridge Jagatpur, Cuttack, Odisha, India – 754200.
As per the financials filed for FY 2025, the company reported a revenue of ₹676.83 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹7.7 Cr (net margin 1.1%) and EBITDA of ₹25.34 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 20% over five years.
The company has about 371 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹120.42 Cr and satisfied charges of ₹194.25 Cr on record. Court records list 27 cases involving the company, including 22 filed by the company and 5 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bharatmasala.in.
Company details
Contact details
Jay Bharat Spices Private Limited's registered office is in Cuttack, Odisha. Its website is bharatmasala.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressImam Nagarrnear Khaira Bridge Jagatpur, Cuttack, Odisha, India – 754200
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Jay Bharat Spices Private Limited, buy the company report.
- 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
Business activity
The main business activity of Jay Bharat Spices is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Jay Bharat Spices Private Limited, buy the company report.
Financials of Jay Bharat Spices Private Limited
FY 2024 filings availableJay Bharat Spices Private Limited reported revenue of ₹676.83 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 10% growth in the latest year. EBITDA fell 1% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.34 Cr | ||||
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| Net Profit (PAT) | ₹7.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Jay Bharat Spices Private Limited, buy the company report.
Board of directors of Jay Bharat Spices Private Limited
Jay Bharat Spices has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Panda Nath Also directs: Jay Bharat Food Process Private Limited | Director | 12 Sep 2003 | 23 Years 1 Months | Current |
| Srimanta Kumar Panda Also directs: Jay Bharat Food Process Private Limited | Director | 25 Jul 2018 | 8 Years 3 Months | Current |
| Susanta Kumar Panda Also directs: Jay Bharat Food Process Private Limited | Managing Director | 12 Sep 2003 | 23 Years 1 Months | Current |
| Diganta Kumar Panda Also directs: Jay Bharat Food Process Private Limited | Director | 12 Sep 2003 | 23 Years 1 Months | Current |
| Nandita Panda Also directs: Jay Bharat Food Process Private Limited | Director | 12 Sep 2003 | 23 Years 1 Months | Current |
| Namita Panda Also directs: Jay Bharat Food Process Private Limited | Director | 12 Sep 2003 | 23 Years 1 Months | Current |
Peer comparison
Jay Bharat Spices Private Limited is compared with the 9 companies closest to it by revenue in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amar Tea Private Limited | ₹808.62 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Ab Mauri India Private Limited | ₹702 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Avt Mccormick Ingredients Private Limited | ₹693.37 Cr (FY 2025) | 27.0% | Chennai, Tamil Nadu, India | |||
| Rajesh Masala Udyog Private Limited | ₹687.61 Cr (FY 2024) | 28.0% | Amethi, Uttar Pradesh, India | |||
| Jay Bharat Spices Private Limitedthis company | ₹676.83 Cr (FY 2025) | ₹7.7 Cr | 1.1% | 10.0% | 371 | Cuttack, Odisha, India |
| Akay Natural Ingredients Private Limited | ₹665.93 Cr (FY 2025) | 23.0% | Ernakulam, Kerala, India | |||
| Varsha Industries Private Limited | ₹640.42 Cr (FY 2025) | 18.0% | Junagadh, Gujarat, India | |||
| Nani Agrofoods Private Limited | ₹625.06 Cr (FY 2025) | -9.0% | Erode, Tamil Nadu, India | |||
| Akay Natural Ingredients Private Limited | ₹600.15 Cr (FY 2022) | 11.0% | Ernakulam, Kerala, India | |||
| Sunrise Foods Private Limited | ₹592.77 Cr (FY 2020) | 18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Jay Bharat Spices Private Limited, buy the company report.
Auditor
Jay Bharat Spices Private Limited is audited by SPP Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPP Associates | FY 2023 | 322862E |
Shareholding
The shareholding of Jay Bharat Spices 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jay Bharat Spices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2025 | 101051151 | Others | ₹29 Cr | Open | |
| 19 Apr 2023 | 100713656 | Others | ₹81.97 Cr | Open | |
| 23 Mar 2021 | 100427801 | Sidbi | ₹80 Lakh | Open | |
| 30 Jun 2020 | 100349296 | Sidbi | ₹4.65 Cr | Open | |
| 21 Dec 2018 | 100225417 | Sidbi | ₹4 Cr | Open |
To see the full charge records of Jay Bharat Spices Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Jay Bharat Spices Private Limited has 27 court cases on record: 22 filed by Jay Bharat Spices, 5 filed against it. 15 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 4 | 14 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (1C.C. (R)) | Filed by the company against M/S Varun and Sons Prop. Varun Kumar | Pending |
| District court, Cuttack, Odisha | Revision petition | Filed by the company against an individual | Pending |
| District court, Cuttack, Odisha | Court case (1C.C. (R)) | Filed by the company against M/S Alok Traders Prop. Manoj Kumar Chaurasia | Pending |
| District court, Cuttack, Odisha | Court case (1C.C. (R)) | Filed by the company against an individual | Pending |
| District court, Cuttack, Odisha | Court case (1C.C. (R)) | Filed by the company against an individual | Pending |
To see the full case history of Jay Bharat Spices Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Jay Bharat Spices Private Limited was last rated by Care on 19 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Apr 2022 |
To see the full credit ratings and regulatory alerts of Jay Bharat Spices Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jay Bharat Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jay Bharat Spices Private Limited has a workforce of 371 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Jay Bharat Spices has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCJ4531H1Z2 | Odisha | Active | 01 Jul 2017 |
| 06AABCJ4531H1ZU | Haryana | Active | 22 Jan 2025 |
To see the full GST registrations and return filing status of Jay Bharat Spices Private Limited, buy the company report.
Recent activity
Jay Bharat Spices Private Limited has 6 board changes on record since 2003: 6 appointments. The latest: Srimanta Kumar Panda was appointed as Director on 25 Jul 2018.
22 earlier events are in the company report.
Frequently asked questions
Jay Bharat Spices is an active private limited company based in Cuttack, Odisha, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 12 September 2003 (23+ years old) and is registered under CIN U51225OR2003PTC007311.
Jay Bharat Spices has 6 current directors:
- Susanta Kumar Panda - Managing Director
- Surendra Panda Nath - Director
- Srimanta Kumar Panda - Director
- Diganta Kumar Panda - Director
- Nandita Panda - Director
- Namita Panda - Director
The latest financial statements of Jay Bharat Spices 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 Jay Bharat Spices is 21AABCJ4531H1Z2, registered in Odisha. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCJ4531H1ZU (Haryana).
The CIN (Corporate Identification Number) of Jay Bharat Spices is U51225OR2003PTC007311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jay Bharat Spices has 27 court cases on record: 22 filed by the company and 5 filed against it. 15 are pending. Most are in the district courts.
Jay Bharat Spices was incorporated on 12 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Jay Bharat Spices by revenue are Amar Tea Private Limited, Ab Mauri India Private Limited, Avt Mccormick Ingredients Private Limited, Rajesh Masala Udyog Private Limited, Akay Natural Ingredients Private Limited and 4 more, all in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products).
Srimanta Kumar Panda was appointed as Director on 25 Jul 2018. Diganta Kumar Panda was appointed as Director on 12 Sep 2003. Namita Panda was appointed as Director on 12 Sep 2003. Jay Bharat Spices has 6 board changes on record in total.
Jay Bharat Spices can be reached through the website bharatmasala.in. Its registered office is in Cuttack, Odisha, India.
The registered office of Jay Bharat Spices is at Imam Nagarrnear Khaira Bridge Jagatpur, Cuttack, Odisha, India – 754200.