MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-22-0000680
Maharaj Soaps Industry Private Limited - fmcg in Davanagere, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹134.92 Cr
▲ 9% YoY
Net profit · FY 2024
₹3.12 Cr
Net margin 2.3%
EBITDA · FY 2024
₹17.86 Cr
EBITDA margin 13.2%
Authorised capital
₹9.9 Cr
Registered with MCA
Paid-up capital
₹7.75 Cr
Issued & subscribed
Open charges
₹194.79 Cr
Satisfied ₹4.04 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
340
Provident fund records
About Maharaj Soaps Industry Private Limited
Data last updated:
Maharaj Soaps Industry Private Limited is a private limited company based in Davanagere, Karnataka, India. It operates in the soaps and detergents segment of the FMCG sector. It was incorporated on 29 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24240KA2009PTC051054. Its GSTIN is 29AAGCM2311R1Z3 (Karnataka). The company holds 10 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹7.75 Cr. It is led by directors Raviraja Elango Maharaja and Elango Shashikala Raviraj.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No: 768/500 Near Industrial Area Lokikere Main Road, Davanagere, Karnataka, India – 577005.
As per the financials filed for FY 2024, the company reported a revenue of ₹134.92 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 2.3%) and EBITDA of ₹17.86 Cr (EBITDA margin 13.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 340 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shashi Soaps. As per MCA filings, the company has open charges of ₹194.79 Cr and satisfied charges of ₹4.04 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. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.17 Cr; the latest was in November 2020. Its 5 peer companies in the FMCG industry (Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 2 smaller; the largest is Kamla Organics Private Limited with revenue of ₹256.21 Cr.
Maharaj Soaps Industry Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-22-0000680). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shashisoaps.com.
Company details
CIN U24240KA2009PTC051054
Registration Number 051054
Incorporation Date 29 September 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-22-0000680
Recognitions & Rankings of Maharaj Soaps Industry
Contact details
Maharaj Soaps Industry Private Limited's registered office is in Davanagere, Karnataka. Its website is shashisoaps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No: 768/500 Near Industrial Area Lokikere Main Road, Davanagere, Karnataka, India – 577005
- IndustryFMCG, Soaps & Detergents
To see the full contact details of Maharaj Soaps Industry Private Limited, buy the company report.
Comprehensive company report
Maharaj Soaps Industry 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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Brands
Maharaj Soaps Industry operates one associated brand: Shashi Soaps. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Detergent and soap manufacturing, along with personal care products in India. | shashisoaps.com |
Business activity
The main business activity of Maharaj Soaps Industry is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Maharaj Soaps Industry Private Limited, buy the company report.
Financials of Maharaj Soaps Industry Private Limited
FY 2024 filings availableMaharaj Soaps Industry Private Limited reported revenue of ₹134.92 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹134.92 Cr ▲ 9%
Net profit · FY 2024
₹3.12 Cr margin 2.3%
EBITDA · FY 2024
₹17.86 Cr margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 2%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 8%
5 years · compounded
▲ 5%
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 50% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹17.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Maharaj Soaps Industry Private Limited, buy the company report.
Board of directors of Maharaj Soaps Industry Private Limited
Maharaj Soaps Industry has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raviraja Elango Maharaja Also directs: Saravan Soaps Private Limited, Shashi Bigg Store Private Limited, Maharaj E-Mart Private Limited and 1 more | Director | 29 Sep 2009 | 17 Years 1 Months | Current |
| Elango Shashikala Raviraj Also directs: Saravan Soaps Private Limited, Shashi Bigg Store Private Limited, Maharaj E-Mart Private Limited and 1 more | Director | 29 Sep 2009 | 17 Years 1 Months | Current |
Peer comparison
Maharaj Soaps Industry Private Limited is compared with the 5 companies closest to it by revenue in the FMCG industry (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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kamla Organics Private Limited | ₹256.21 Cr (FY 2025) | 18.0% | Himachal Pradesh, India | |||
| Arihant Detergents Private Limited | ₹212.14 Cr (FY 2025) | 1.0% | Pin-46201, Madhya Pradesh, India | |||
| Pee Cee Cosma Sope Limited | ₹142.33 Cr (FY 2025) | 6.0% | Agra, Uttar Pradesh, India | |||
| Maharaj Soaps Industry Private Limitedthis company | ₹134.92 Cr (FY 2024) | ₹3.12 Cr | 2.3% | 9.0% | 340 | Davanagere, Karnataka, India |
| Power Soaps Private Limited | ₹124.06 Cr (FY 2025) | 99.0% | Chennai, Tamil Nadu, India | |||
| Ecof Industries Private Limited | ₹114.31 Cr (FY 2025) | -5.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Maharaj Soaps Industry Private Limited, buy the company report.
Auditor
Maharaj Soaps Industry Private Limited is audited by SANTHAPPA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTHAPPA & CO | FY 2021 | 003564S |
Shareholding
The shareholding of Maharaj Soaps Industry Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maharaj Soaps Industry Private Limited, buy the company report.
Charges & borrowings
Open charges
₹194.79 Cr
Satisfied charges
₹4.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101244740 | Others | ₹49.31 Cr | Open | |
| 20 Dec 2025 | 101235042 | Others | ₹4 Cr | Open | |
| 26 Mar 2025 | 101086500 | Karnataka Bank Ltd. | ₹38 Lakh | Open | |
| 20 Mar 2025 | 101071246 | Hdfc Bank Limited | ₹2.54 Cr | Open | |
| 05 Feb 2025 | 101071259 | Hdfc Bank Limited | ₹28.95 Lakh | Open |
To see the full charge records of Maharaj Soaps Industry Private Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Maharaj Soaps Industry Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.17 Cr; the latest was in November 2020.
Total deals
3
Funding rounds
3
Disclosed funding
₹8.17 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Funding round | ₹3.25 Cr | Investors: an individual |
| Apr 2015 | Funding round | ₹4.25 Cr | Investors: an individual |
| Mar 2011 | Funding round | ₹67 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maharaj Soaps Industry Private Limited has 6 court cases on record: 2 filed by Maharaj Soaps Industry, 4 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Saraswat Co Operative Bank Ltd | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Union of India and 3 others | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed against the company by State of Karnataka, Legal Metrology Officer, Gokak Sub Division, Gokak | Disposed |
| District court, VIJAYAPURA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Disposed |
To see the full case history of Maharaj Soaps Industry 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
Maharaj Soaps Industry Private Limited was last rated by Crisil on 16 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Jun 2020 |
To see the full credit ratings and regulatory alerts of Maharaj Soaps Industry Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maharaj Soaps Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maharaj Soaps Industry Private Limited has a workforce of 340 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
340
Active EPFO establishments
1
Employee growth
-13.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 340 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Maharaj Soaps Industry Private Limited, buy the company report.
GST
Maharaj Soaps Industry has 10 GST registrations: 3 active and 7 cancelled or inactive.
Total GSTINs
10
Active
3
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM2311R1Z3 | Karnataka | Active | 01 Jul 2017 |
| 37AAGCM2311R1Z6 | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AAGCM2311R2ZD | Tamil Nadu | Active | 30 May 2020 |
To see the full GST registrations and return filing status of Maharaj Soaps Industry Private Limited, buy the company report.
Recent activity
Maharaj Soaps Industry Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Elango Shashikala Raviraj was appointed as Director on 29 Sep 2009.
Charges
A charge with Others amounted to Rs. 49.31 Cr with Charge ID 101244740 was registered on 27 Jan 2026.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101235042 was registered on 20 Dec 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.38 Cr with Charge ID 101086500 was registered on 26 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.54 Cr with Charge ID 101071246 was registered on 20 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 101071259 was registered on 05 Feb 2025.
Charges
A charge with Others amounted to Rs. 3.81 Cr with Charge ID 101066381 was registered on 30 Jan 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 2.20 Cr with Charge ID 101086499 was registered on 03 Jan 2025.
Charges
A charge with Others of Rs. 30.00 Cr registered on 21 Sep 2024 with Charge ID 100996713 was modified on 06 Dec 2024.
Charges
A charge with Others of Rs. 10.00 Cr registered on 11 May 2024 with Charge ID 100940712 was modified on 06 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101027829 was registered on 04 Oct 2024.
AGM
Maharaj Soaps Industry Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100996713 was registered on 21 Sep 2024.
30 earlier events are in the company report.
Frequently asked questions
Maharaj Soaps Industry is an active private limited company based in Davanagere, Karnataka, India. The company works in soaps and detergents, within the FMCG industry. It was incorporated on 29 September 2009 (17+ years old) and is registered under CIN U24240KA2009PTC051054.
Maharaj Soaps Industry has 2 current directors:
- Raviraja Elango Maharaja - Director
- Elango Shashikala Raviraj - Director
The latest financial statements of Maharaj Soaps Industry on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maharaj Soaps Industry is 29AAGCM2311R1Z3, registered in Karnataka. The company has 10 GST registrations in all, of which 3 are active and 7 are cancelled or inactive. Other active GSTINs include 37AAGCM2311R1Z6 (Andhra Pradesh), 33AAGCM2311R2ZD (Tamil Nadu).
The CIN (Corporate Identification Number) of Maharaj Soaps Industry is U24240KA2009PTC051054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharaj Soaps Industry has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Maharaj Soaps Industry was incorporated on 29 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Maharaj Soaps Industry has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.17 Cr; the latest was in November 2020.
The peers of Maharaj Soaps Industry by revenue are Kamla Organics Private Limited, Arihant Detergents Private Limited, Pee Cee Cosma Sope Limited, Power Soaps Private Limited, Ecof Industries Private Limited, all in the FMCG industry (Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Elango Shashikala Raviraj was appointed as Director on 29 Sep 2009. Raviraja Elango Maharaja was appointed as Director on 29 Sep 2009.
Yes, Maharaj Soaps Industry is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-22-0000680).
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