About Mane Kancor Ingredients Private Limited
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Mane Kancor Ingredients Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mane Sa. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 03 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1990PTC240460. Its GSTIN is 27AAACK9969R1ZD (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹10.56 Cr. It was formerly known as Kancor Flavours and Extracts Ltd and Kancor Ingredients Limited. It is led by directors including Pradip Panalal Shah and Jean Maurice Eugene Mane.
Its last annual general meeting (AGM) was held on 31 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,176.07 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.96 Cr (net margin 0.8%) and EBITDA of ₹89.42 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 621 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mane Kancor. As per MCA filings, the company has open charges of ₹100.04 Cr and satisfied charges of ₹417.65 Cr on record. Court records list 60 cases involving the company, including 42 filed by the company and 18 filed against it; 4 cases are pending. The company has 10 deals on record (8 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹75 Lakh; the latest was in March 2022. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,029 overdue payments to 277 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 manekancor.com.
Company details
Name history
Mane Kancor Ingredients has undergone 3 name changes throughout its history. The company was previously known as Kancor Flavours And Extracts Ltd, Kancor Ingredients Limited, and Mane Kancor Ingredients Limited. The current legal name is Mane Kancor Ingredients Private Limited.
| Company Name | Status |
|---|---|
| Mane Kancor Ingredients Private Limited | Current |
| Kancor Flavours And Extracts Ltd | Previous |
| Kancor Ingredients Limited | Previous |
| Mane Kancor Ingredients Limited | Previous |
CIN history
Mane Kancor Ingredients has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909MH1990PTC240460, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH1990PTC240460 | Current |
| U51909KL1990PLC005685 | Previous |
| U51909MH1990PLC240460 | Previous |
Contact details
Mane Kancor Ingredients Private Limited's registered office is in Mumbai, Maharashtra. Its website is manekancor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Imperium 159 Marol Maroshi Road Vijay Nagar Opposite Police Quaters An, Dheri (E), Mumbai, Maharashtra, India – 400059
- IndustryFood and Beverages, Spice Manufacturing & Distribution, Flavouring & Seasoning Additives
To see the full contact details of Mane Kancor Ingredients 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
Brands
Mane Kancor Ingredients operates one associated brand: Mane Kancor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures spice extracts, essential oils, and natural colors for industries. | manekancor.com |
Business activity
The main business activity of Mane Kancor Ingredients 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 Mane Kancor Ingredients Private Limited, buy the company report.
Financials of Mane Kancor Ingredients Private Limited
FY 2026 filings availableMane Kancor Ingredients Private Limited reported revenue of ₹1,176.07 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 10% growth in the latest year. EBITDA rose 13% 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 | ₹89.42 Cr | ||||
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| Net Profit (PAT) | ₹8.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mane Kancor Ingredients Private Limited, buy the company report.
Board of directors of Mane Kancor Ingredients Private Limited
Mane Kancor Ingredients has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Panalal Shah | Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Jean Maurice Eugene Mane | Director | 27 Nov 2014 | 11 Years 11 Months | Current |
| Geemon Kadianthuruthil Korah | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
| Eliane Coloretti | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Bertrand Francois Boulin | Director | 17 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Mane Kancor Ingredients Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2024 | 117366W/W-100018 |
Shareholding
The shareholding of Mane Kancor Ingredients Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mane Kancor Ingredients Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2022 | 100598868 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 02 Mar 2020 | 100336835 | Others | ₹3.65 Lakh | Open | |
| 06 Jan 2023 | 100669965 | Axis Bank Limited | ₹40 Cr | Satisfied | |
| 12 Sep 2014 | 10523833 | State Bank of Travancore | ₹21.5 Cr | Satisfied | |
| 23 Oct 2012 | 10389610 | Export Import Bank of India | ₹5.64 Cr | Satisfied |
To see the full charge records of Mane Kancor Ingredients Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Mane Kancor Ingredients Private Limited has 10 deals on record (8 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹75 Lakh; the latest was in March 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹77.11 Cr | Investors: Mane SA |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Mane SA, 3 individuals Seller: 3 individuals |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Mane SA Seller: an individual |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Sanjay J Mariwala & J.V Mariwala Family Trust Seller: SJM Finance and Investments Private Limited |
To see the full deal history of Mane Kancor Ingredients Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mane Kancor Ingredients Private Limited has 60 court cases on record: 42 filed by Mane Kancor Ingredients, 18 filed against it. 4 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 55 | 15 | 3 |
| District courts | 5 | 3 | 1 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by National Insurance Company Ltd | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by The National Insurance Company Ltd. | Disposed |
| High Court | Appeal | Filed by the company against Mothers Agro Foods Pvt.Ltd. and 5 others | Disposed |
| High Court | Appeal | Filed by the company against individuals | Pending |
| High Court | Writ petition | Filed by the company against The Commissioner of Excise and 1 other | Pending |
To see the full case history of Mane Kancor Ingredients 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
Mane Kancor Ingredients Private Limited was last rated by Care on 07 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Apr 2021 |
To see the full credit ratings and regulatory alerts of Mane Kancor Ingredients Private Limited, buy the company report.
MSME payment delays
Mane Kancor Ingredients Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,029 overdue payments to 277 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 277)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| El-Even Laboratories | |||
| Forte Storage Solutions | |||
| an individual supplier | |||
| an individual supplier | |||
| Modern Scientific Solutions |
To see the full MSME payment records of Mane Kancor Ingredients Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mane Kancor Ingredients has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mane Kancor Spices Private Limited | U15100KL2021PTC070152 |
To see the full group structure of Mane Kancor Ingredients Private Limited, buy the company report.
Employees & EPFO
Mane Kancor Ingredients Private Limited has a workforce of 621 employees on its EPFO records as of Feb 06, 2025, across 2 active EPFO establishments.
GST
Mane Kancor Ingredients has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK9969R1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK9969R2ZC | Maharashtra | Active | 28 Jul 2017 |
| 09AAACK9969R1ZB | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AAACK9969R1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mane Kancor Ingredients Private Limited, buy the company report.
Recent activity
Mane Kancor Ingredients Private Limited has 20 board changes on record since 2009: 5 appointments and 15 cessations. The latest: Bertrand Francois Boulin ceased to be Additional Director on 10 Sep 2025.
73 earlier events are in the company report.
Frequently asked questions
Mane Kancor Ingredients is an active private limited company based in Mumbai, Maharashtra, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 03 May 1990 (36+ years old) and is registered under CIN U51909MH1990PTC240460.
Mane Kancor Ingredients has 5 current directors:
- Pradip Panalal Shah - Director
- Jean Maurice Eugene Mane - Director
- Geemon Kadianthuruthil Korah - Director
- Eliane Coloretti - Director
- Bertrand Francois Boulin - Director
The latest financial statements of Mane Kancor Ingredients on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Mane Kancor Ingredients is 27AAACK9969R1ZD, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACK9969R2ZC (Maharashtra), 09AAACK9969R1ZB (Uttar Pradesh), 29AAACK9969R1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Mane Kancor Ingredients is U51909MH1990PTC240460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mane Kancor Ingredients has 60 court cases on record: 42 filed by the company and 18 filed against it. 4 are pending. Most are in the high courts.
Mane Kancor Ingredients was incorporated on 03 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Mane Kancor Ingredients has 10 deals on record (8 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹75 Lakh; the latest was in March 2022.
Bertrand Francois Boulin ceased to be Additional Director on 10 Sep 2025. Bertrand Francois Boulin was appointed as Director on 17 Jun 2025. Bhumika Batra ceased to be Director on 21 Sep 2020. Mane Kancor Ingredients has 20 board changes on record in total.
Mane Kancor Ingredients has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,029 overdue payments to 277 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Mane Kancor Ingredients can be reached through the website manekancor.com. Its registered office is in Mumbai, Maharashtra, India.