Kerry Ingredients India Private Limited

Kerry Ingredients India Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U15400KA2010PTC096834 Incorporated 10 May 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company food and beverages
Data last updated
Revenue · FY 2025
₹709.76 Cr
▲ 21% YoY
Net profit · FY 2025
₹39.51 Cr
Net margin 5.6%
EBITDA · FY 2025
₹75.48 Cr
EBITDA margin 10.6%
Authorised capital
₹78.79 Cr
Registered with MCA
Paid-up capital
₹57.35 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
325
Provident fund records
Directors on board
3
As per MCA filings

About Kerry Ingredients India Private Limited

Data last updated:

Kerry Ingredients India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kerry Group B.V.. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 10 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15400KA2010PTC096834. Its GSTIN is 29AADCK9760F1Z6 (Karnataka). The company holds 7 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹78.79 Cr and a paid-up capital of ₹57.35 Cr. It is led by directors including Siddharth Rastogi and Jeevankumar Mudupulavemula Reddy.

Its last annual general meeting (AGM) was held on 23 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8th Floor Pritech Park, Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹709.76 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹39.51 Cr (net margin 5.6%) and EBITDA of ₹75.48 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.

The company has about 325 employees on its provident fund (EPFO) records.

Court records list 25 cases involving the company, including 19 filed by the company and 6 filed against it; 5 cases are pending. The company has 6 deals on record (6 funding rounds), with disclosed funding of ₹216.92 Cr; the latest was in April 2015. Its 5 peer companies in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Mane Kancor Ingredients Private Limited with revenue of ₹1,176.07 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 579 overdue payments to 122 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kerry.com.

Company details

CIN U15400KA2010PTC096834
Registration Number 096834
Incorporation Date 10 May 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 December 2024
Date of Balance Sheet 31 March 2024
Parent Company Kerry Group B.V.
Compliance Status Active Compliant

CIN history

Kerry Ingredients India has one previous CIN (Corporate Identification Number): U15400MH2010PTC202946. The current CIN is U15400KA2010PTC096834, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15400KA2010PTC096834Current
U15400MH2010PTC202946Previous

Contact details

Kerry Ingredients India Private Limited's registered office is in Bangalore, Karnataka. Its website is kerry.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    8th Floor Pritech Park Annex Marthahalli – Sarjapur Outer Ring Road Be, Llandur, Bangalore, Karnataka, India – 560103
  • Industry
    Food and Beverages, Flavouring & Seasoning Additives

To see the full contact details of Kerry Ingredients India Private Limited, buy the company report.

Comprehensive company report
Kerry Ingredients 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 Kerry Ingredients India is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

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

Financials of Kerry Ingredients India Private Limited

FY 2024 filings available

Kerry Ingredients India Private Limited reported revenue of ₹709.76 Cr (up 21% YoY) for FY 2025.

Revenue · FY 2025
₹709.76 Cr ▲ 21%
Net profit · FY 2025
₹39.51 Cr margin 5.6%
EBITDA · FY 2025
₹75.48 Cr margin 10.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 20%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 669%
5 years · compounded
▲ 59%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 21% growth in the latest year. EBITDA rose 10% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹75.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.51 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.6%
Net Profit Margin5.6%
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

To see the full financial statements and ratios of Kerry Ingredients India Private Limited, buy the company report.

Board of directors of Kerry Ingredients India Private Limited

Kerry Ingredients India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddharth RastogiDirector11 Apr 20233 Years 6 MonthsCurrent
Jeevankumar Mudupulavemula ReddyDirector23 Oct 20179 Years 0 MonthsCurrent
Ronan DeasyDirector05 Feb 20188 Years 8 MonthsCurrent

Peer comparison

Kerry Ingredients India Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mane Kancor Ingredients Private Limited₹1,176.07 Cr (FY 2025)10.0%Mumbai, Maharashtra, India
Danisco (India) Private Limited₹864.67 Cr (FY 2025)11.0%Delhi, India
Kerry Ingredients India Private Limitedthis company₹709.76 Cr (FY 2025)₹39.51 Cr5.6%21.0%325Bangalore, Karnataka, India
Symega Food Ingredients Limited₹576.2 Cr (FY 2025)15.0%Vadavucode, Kerala, India
VKL Seasoning Private Limited₹553.22 Cr (FY 2025)21.0%Navi Mumbai, Maharashtra, India
SKM Egg Products Export India Limited₹511.87 Cr (FY 2025)-28.0%Erode, Tamil Nadu, India

To see the full peer comparison of Kerry Ingredients India Private Limited, buy the company report.

Auditor

Kerry Ingredients India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Price Waterhouse Chartered Accountants LLPFY 2023012754N

Shareholding

The shareholding of Kerry Ingredients 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 Kerry Ingredients India Private Limited, buy the company report.

Deals & funding

Kerry Ingredients India Private Limited has 6 deals on record (6 funding rounds), with disclosed funding of ₹216.92 Cr; the latest was in April 2015.

Total deals
6
Funding rounds
6
Disclosed funding
₹216.92 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Apr 2015Funding round₹137.5 CrInvestors: Kerry Group BV
May 2014Funding round₹8.46 CrInvestors: Kerry Group BV
Sep 2012Funding round₹10.16 CrInvestors: Kerry Group BV
Sep 2011Funding round₹4.9 LakhInvestors: Kerry Group PLC
May 2011Funding round₹4.58 CrInvestors: Kerry Group BV

To see the full deal history of Kerry Ingredients India Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Kerry Ingredients India Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 579 overdue payments to 122 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 122)

SupplierAmount dueDue sinceReported on
Narendra Forwarders Private Limited
Nova Transfers Private Limited
an individual supplier
Microtrol Sterilisation Services Pvt.Ltd.
Jai Ingredients Private Limited

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

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Kerry Ingredients India Private Limited has a workforce of 325 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.

Employee count
325
Active EPFO establishments
2
Employee growth
-3.27%

GST

Kerry Ingredients India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
7
Active
5
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AADCK9760F1Z6KarnatakaActive01 Jul 2017
29AADCK9760F2Z5KarnatakaActive10 Mar 2025
06AADCK9760F1ZEHaryanaActive01 Jul 2017
24AADCK9760F1ZGGujaratActive01 Jul 2017

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

Recent activity

Kerry Ingredients India Private Limited has 18 board changes on record since 2010: 3 appointments and 15 cessations. The latest: Siddharth Rastogi ceased to be Additional Director on 29 Sep 2023.

AGM
Kerry Ingredients India Private Limited last Annual general meeting of members was held on 23 Dec 2024 as per latest MCA records.
Filing
Kerry Ingredients India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Siddharth Rastogi ceased to be Additional Director.
Appointed
Siddharth Rastogi was appointed as Director.
Ceased
Vaibhav Verma ceased to be Additional Director.
Ceased
Dhruva Jyoti Sanyal ceased to be Director.
Ceased
Jeevankumar Mudupulavemula Reddy ceased to be Additional Director.
Ceased
Ronan Deasy ceased to be Additional Director.
Ceased
Brian Cornelius Mehigan ceased to be Director.
Appointed
Ronan Deasy was appointed as Director.
Ceased
Dudley Patrick Neary ceased to be Director.
Appointed
Jeevankumar Mudupulavemula Reddy was appointed as Director.

9 earlier events are in the company report.

Frequently asked questions

Kerry Ingredients India is an active private limited company based in Bangalore, Karnataka, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 10 May 2010 (16+ years old) and is registered under CIN U15400KA2010PTC096834.

Kerry Ingredients India has 3 current directors:

The latest financial statements of Kerry Ingredients India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 December 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Kerry Ingredients India is 29AADCK9760F1Z6, registered in Karnataka. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 29AADCK9760F2Z5 (Karnataka), 06AADCK9760F1ZE (Haryana), 24AADCK9760F1ZG (Gujarat).

The CIN (Corporate Identification Number) of Kerry Ingredients India is U15400KA2010PTC096834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kerry Ingredients India has 25 court cases on record: 19 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.

Kerry Ingredients India was incorporated on 10 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

Kerry Ingredients India has 6 deals on record (6 funding rounds), with disclosed funding of ₹216.92 Cr; the latest was in April 2015.

The peers of Kerry Ingredients India by revenue are Mane Kancor Ingredients Private Limited, Danisco (India) Private Limited, Symega Food Ingredients Limited, VKL Seasoning Private Limited, SKM Egg Products Export India Limited, all in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products).

Siddharth Rastogi ceased to be Additional Director on 29 Sep 2023. Siddharth Rastogi was appointed as Director on 11 Apr 2023. Vaibhav Verma ceased to be Additional Director on 30 Sep 2019. Kerry Ingredients India has 18 board changes on record in total.

Kerry Ingredients India has 13 MSME Form 1 returns on record between 2019 and 2024, listing 579 overdue payments to 122 micro and small suppliers. The latest return was filed on 01 May 2024.

Kerry Ingredients India can be reached through the website kerry.com. Its registered office is in Bangalore, Karnataka, India.