About JMM Spices Private Limited
Data last updated:
JMM Spices Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 21 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC232497. Its GSTIN is 27AAECG7758G1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Gaikwad Spices and Agro Products Private Limited. It is led by directors including Arjun Shivaji Gaikwad and Ajit Tanaji Gaikwad.
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 Plot No W – 126 MIDC Ttc Indl. Area Pawane Koparkhairane, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.87 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹4.73 Lakh (net margin 1.6%) and EBITDA of ₹10.68 Lakh (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹2.67 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jmmspices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No W – 126 MIDC Ttc Indl. Area Pawane Koparkhairane, Navi Mumbai, Maharashtra, India – 400705
- IndustryFood and Beverages, Spice Manufacturing & 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 JMM Spices Private Limited
The main business activity of JMM Spices is manufacturing. In detail, this covers manufacture of food products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products | 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 JMM Spices Private Limited FY 2025 filings available
JMM Spices Private Limited reported revenue of ₹2.87 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of JMM Spices Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 14% fall in the latest year. EBITDA fell 20% 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 JMM Spices 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 | ₹10.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.73 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 JMM Spices Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 JMM Spices 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.
Board of Directors of JMM Spices Private Limited
JMM Spices has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Shivaji Gaikwad | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
| Ajit Tanaji Gaikwad Also directs: JMM Food Products LLP | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
| Deepali Sarjerao Gaikwad Also directs: JMM Food Products LLP | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
| Anil Baliram Gaikwad | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
Peer Comparison of JMM Spices Private Limited
JMM Spices Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Spices). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Universal Green Foods Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | 4134.0% | •••• | Ernakulam, Kerala, India |
| Orionex Formulations Private Limited | ₹2.96 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| V2 Agro Tech Private Limited | ₹2.95 Cr (FY 2018) | •••• | •••• | 20.0% | •••• | Bobbili, Andhra Pradesh, India |
| Aletan India Private Limited | ₹2.89 Cr (FY 2022) | •••• | •••• | -33.0% | •••• | Prayagraj, Uttar Pradesh, India |
| Boston Tea(India)Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Mangalore, Karnataka, India |
| JMM Spices Private Limited this company | ₹2.87 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Navi Mumbai, Maharashtra, India |
| Flavourit Spices Trading Limited | ₹2.84 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ernakulam, Kerala, India |
| Sakthi Coffee Estates Private Limited | ₹2.8 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Pollachi, Tamil Nadu, India |
| Nuchira Spices Private Limited | ₹2.8 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Hubbali, Karnataka, India |
| Krushi Foods and Spices Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Koper Khairne, Maharashtra, India |
| Aurobindo Spices Private Limited | ₹2.75 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below JMM Spices by revenue in the Food and Beverages industry (Spices), 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 JMM Spices Private Limited
JMM Spices Private Limited is audited by PAWAR KIRTANE AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PAWAR KIRTANE AND ASSOCIATES | 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.
Ownership and Shareholding of JMM Spices 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 JMM Spices Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2016 | Others | ₹70 Lakh | Satisfied |
| 16 Dec 2013 | Abhyudaya Co-Operative Bank Limited | ₹1.97 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of JMM Spices Private Limited
JMM Spices Private Limited has 2 court cases on record: 1 filed by JMM Spices, 1 where it is another party. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Company is another party | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Mauli Enterprises | Disposed |
Full case history
All 2 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 JMM Spices Private Limited
Employment history and EPFO contributions of people linked to JMM Spices.
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 JMM Spices Private Limited
JMM Spices Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Ajit Tanaji Gaikwad was appointed as Director on 21 Jun 2012.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for JMM Spices 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 JMM Spices 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 JMM Spices 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 JMM Spices Private Limited
JMM Spices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG7758G1Z9 | 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 JMM Spices 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 JMM Spices Private Limited
JMM Spices is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 21 June 2012 (14+ years old) and is registered under CIN U74120MH2012PTC232497.
JMM Spices reported revenue of ₹2.87 Cr for FY 2025 (down 14% YoY).
JMM Spices has 4 current directors:
- Arjun Shivaji Gaikwad - Director
- Ajit Tanaji Gaikwad - Director
- Deepali Sarjerao Gaikwad - Director
- Anil Baliram Gaikwad - Director
JMM Spices reported a net profit of ₹4.73 Lakh (net margin 1.6%) and EBITDA of ₹10.68 Lakh (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of JMM Spices is -4% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of JMM Spices is 27AAECG7758G1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of JMM Spices is U74120MH2012PTC232497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JMM Spices has 2 court cases on record: 1 filed by the company.
JMM Spices was incorporated on 21 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of JMM Spices by revenue are Universal Green Foods Private Limited, Orionex Formulations Private Limited, V2 Agro Tech Private Limited, Aletan India Private Limited, Boston Tea(India)Limited and 5 more, all in the Food and Beverages industry (Spices).
Ajit Tanaji Gaikwad was appointed as Director on 21 Jun 2012. Anil Baliram Gaikwad was appointed as Director on 21 Jun 2012. Arjun Shivaji Gaikwad was appointed as Director on 21 Jun 2012. JMM Spices has 4 board changes on record in total.