Modern Commodities Private Limited
About Modern Commodities Private Limited
Data last updated:
Modern Commodities Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the diversified industries sector. It was incorporated on 12 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2003PTC033012.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Panicker Damodar and Chithra Sunil Panicker.
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 Sunny8Th Main 6th Cross G.M. Palya New Thippasandra Post Bangalore., Karnataka, India – 560075.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.3 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹7,277 (net margin 3.2%) and EBITDA of ₹7,737 (EBITDA margin 3.4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSunny8Th Main 6th Cross G.M. Palya New Thippasandra Post Bangalore., Karnataka, India – 560075
- IndustryOther Industry, Other Services
- 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 Modern Commodities Private Limited
The main business activity of Modern Commodities is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Modern Commodities Private Limited FY 2025 filings available
Modern Commodities Private Limited reported revenue of ₹2.3 Lakh (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Modern Commodities Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 62% fall in the latest year. EBITDA rose 2% 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 Modern Commodities Private Limited
| 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 | ₹7,737 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7,277 | •••• | •••• | •••• | •••• |
| 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 Modern Commodities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Modern Commodities 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.
Peer Comparison of Modern Commodities Private Limited
Modern Commodities Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aakriti Alloys Private Limited | ₹2.3 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Kolkata, West Bengal, India |
| Greengrid Renewables Private Limited | ₹2.3 Lakh (FY 2022) | •••• | •••• | 233.0% | •••• | Nagpur, Maharashtra, India |
| Eonmart Online Private Limited | ₹2.3 Lakh (FY 2024) | •••• | •••• | 63.0% | •••• | Kolkata, West Bengal, India |
| Techzuiver Enterprises Private Limited | ₹2.3 Lakh (FY 2018) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Modern Commodities Private Limited this company | ₹2.3 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Bangalore, Karnataka, India |
| Palam Traders Private Limited | ₹2.3 Lakh (FY 2017) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Royal Varsha Industries Private Limited | ₹2.3 Lakh (FY 2016) | •••• | •••• | -74.0% | •••• | New Delhi, Delhi, India |
| Srivu Life Science Private Limited | ₹2.3 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Patna, Bihar, India |
| Chokhani Ispat Private Limited | ₹2.3 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Kolkata, West Bengal, India |
| Whizz Connect Private Limited | ₹2.3 Lakh (FY 2020) | •••• | •••• | -67.0% | •••• | Sitamarhi, Bihar, India |
| Dileep Nature Farming Private Limited | ₹2.3 Lakh (FY 2025) | •••• | •••• | 232.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Modern Commodities by revenue in the same principal business activity (Wholesale Trading), 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 Modern Commodities Private Limited
Auditor information for Modern Commodities Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Modern Commodities Private Limited
Modern Commodities has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chithra Sunil Panicker Also directs: Delexpress Logistics LLP, Leadspeed Logistics LLP | Additional Director | 29 Nov 2024 | 1 Years 10 Months | Current |
| Sunil Panicker Damodar | Director | 12 Dec 2003 | 22 Years 9 Months | Current |
Ownership and Shareholding of Modern Commodities 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 Modern Commodities Private Limited
Modern Commodities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Modern Commodities Private Limited
Employment history and EPFO contributions of people linked to Modern Commodities.
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 Modern Commodities Private Limited
Modern Commodities Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Amol Praphul Panicker ceased to be Additional Director on 29 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Modern Commodities 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 Modern Commodities 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 Modern Commodities 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 Modern Commodities Private Limited
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 Modern Commodities 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 Modern Commodities Private Limited
Modern Commodities is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the other industry industry. It was incorporated on 12 December 2003 (23+ years old) and is registered under CIN U05190KA2003PTC033012.
Modern Commodities reported revenue of ₹2.3 Lakh for FY 2024 (down 62% YoY).
Modern Commodities has 2 current directors:
- Chithra Sunil Panicker - Additional Director
- Sunil Panicker Damodar - Director
Modern Commodities reported a net profit of ₹7,277 (net margin 3.2%) and EBITDA of ₹7,737 (EBITDA margin 3.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modern Commodities is -21% over five years. In the latest year (FY 2024) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Modern Commodities is U05190KA2003PTC033012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Commodities was incorporated on 12 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Modern Commodities by revenue are Aakriti Alloys Private Limited, Greengrid Renewables Private Limited, Eonmart Online Private Limited, Techzuiver Enterprises Private Limited, Palam Traders Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Amol Praphul Panicker ceased to be Additional Director on 29 Nov 2024. Chithra Sunil Panicker was appointed as Additional Director on 29 Nov 2024. Sudhish Kumar Gopinathannair Sarasamma ceased to be Director on 19 Nov 2016. Modern Commodities has 4 board changes on record in total.
The registered office of Modern Commodities is at Sunny8Th Main 6th Cross G.M. Palya New Thippasandra Post Bangalore., Karnataka, India – 560075.
Modern Commodities has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.