About Olam Food Ingredients India Private Limited
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Olam Food Ingredients India Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Olam International Limited, Singapore. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 27 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85110HR2006PTC048628. Its GSTIN is 06AABCH6830P2Z8 (Haryana). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹179.7 Cr and a paid-up capital of ₹64.14 Cr. It was formerly known as Hemarus Technologies Limited and Olam Agro India Limited. It is led by directors including Mayank Srivastava (Whole-Time Director) and Srikanth Ambati (Whole-Time Director).
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 DLF Building No. 8 Tower A 1st Floor Phase – II Cyber City, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,601.7 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹39.29 Cr (net margin 1.1%) and EBITDA of ₹137.45 Cr (EBITDA margin 3.8%).
The company has about 582 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Olam Agro. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹458.38 Cr on record. Court records list 274 cases involving the company, including 218 filed by the company and 56 filed against it; 41 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹225.81 Cr; the latest was in July 2014. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 464 overdue payments to 236 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 olamgroup.com.
Company details
Name history
Olam Food Ingredients India has undergone 4 name changes throughout its history. The current legal name is Olam Food Ingredients India Private Limited.
| Company Name | Status |
|---|---|
| Olam Food Ingredients India Private Limited | Current |
| Hemarus Technologies Limited | Previous |
| Olam Agro India Limited | Previous |
| Olam Agro India Private Limited | Previous |
| Hemarus Industries Limited | Previous |
CIN history
Olam Food Ingredients India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110HR2006PTC048628, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110HR2006PTC048628 | Current |
| U85110AP2006PLC048909 | Previous |
| U85110HR2006PLC048628 | Previous |
Contact details
Olam Food Ingredients India Private Limited's registered office is in Gurgaon, Haryana. Its website is olamgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDLF Building No. 8 Tower A 1st Floor Phase – II Cyber City, Gurgaon, Haryana, India – 122002
- IndustryAgriculture, Sugar Processing, Agro Retail & Distribution
To see the full contact details of Olam Food Ingredients India 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
Olam Food Ingredients India operates one associated brand: Olam Agro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of farm gate sourcing-based processing and selling solutions for farmers | olamgroup.com |
Business activity
The main business activity of Olam Food Ingredients India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Olam Food Ingredients India Private Limited, buy the company report.
Financials of Olam Food Ingredients India Private Limited
FY 2025 filings availableOlam Food Ingredients India Private Limited reported revenue of ₹3,601.7 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,601.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹137.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.29 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Olam Food Ingredients India Private Limited, buy the company report.
Board of directors of Olam Food Ingredients India Private Limited
Olam Food Ingredients India has 5 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Srivastava | Whole-Time Director | 29 Nov 2023 | 2 Years 11 Months | Current |
| Srikanth Ambati Also directs: Pi Quadrant LLP | Whole-Time Director | 08 Jun 2022 | 4 Years 5 Months | Current |
| Amit Khakholia Also directs: Olam Enterprises India Private Limited | Whole-Time Director | 01 Jan 2022 | 4 Years 10 Months | Current |
| Somaiah Sirigiri | Whole-Time Director | 08 Jun 2022 | 4 Years 5 Months | Current |
| Gaurav Grover Also directs: Olam Enterprises India Private Limited | Whole-Time Director | 03 Jun 2022 | 4 Years 5 Months | Current |
Auditor
Olam Food Ingredients India Private Limited is audited by S. R. Dinodia & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Dinodia & Co. LLP | FY 2025 | 001478N/N500005 |
Shareholding
The shareholding of Olam Food Ingredients India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Olam Food Ingredients India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2023 | 100712000 | Yes Bank Limited | ₹25 Lakh | Open | |
| 24 Jun 2020 | 100346289 | Others | ₹178.29 Cr | Satisfied | |
| 08 Feb 2016 | 10623843 | Others | ₹100 Cr | Satisfied | |
| 24 Dec 2014 | 10545624 | State Bank of India | ₹6.24 Cr | Satisfied | |
| 24 Sep 2014 | 10533169 | Indian Bank | ₹9.32 Cr | Satisfied |
To see the full charge records of Olam Food Ingredients India Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Olam Food Ingredients India Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹225.81 Cr; the latest was in July 2014.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2014 | Funding round | ₹46.17 Cr | Investors: Olam International Limited, Olam Investments Limited |
| Jan 2012 | Funding round | ₹119.78 Cr | Investors: Olam Enterprises India Private Limited |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Olam Agro India Limited & Amit Pant, Olam Enterprises India Limited & Roshan Lal Tamak, Olam Enterprises India Limited & Sanjay Sacheti Seller: 4 individuals |
| Jan 2010 | Funding round | ₹41.38 Cr | Investors: 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Olam Food 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.
Legal cases
Olam Food Ingredients India Private Limited has 274 court cases on record: 218 filed by Olam Food Ingredients India, 56 filed against it. 41 cases are pending and 233 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 196 | 30 | 20 |
| High courts | 73 | 23 | 20 |
| Supreme Court | 3 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 274)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, KODAGU, Karnataka | Commercial matter | Filed by the company against Ragsys Coffee and Spices Private Limited | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Shrivarad Polyfab Private Limited THR. Director Mr. Pravin Gupta and 1 other | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Bhalara Cotton Pvt. Ltd. | Pending |
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by The National Commodity and Derivatives Exchange Ltd | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against SWG Consumer Care Limited | Disposed |
To see the full case history of Olam Food Ingredients India 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.
MSME payment delays
Olam Food Ingredients India Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 464 overdue payments to 236 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 236)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Southern Translinks | |||
| an individual supplier | |||
| Sesotec India Private Limited | |||
| Ganesh Food Products Private Limited | |||
| Indocert |
To see the full MSME payment records of Olam Food Ingredients India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Olam Food Ingredients India Private Limited has a workforce of 582 employees on its EPFO records as of May 2026, across 11 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 582 |
| 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 Olam Food Ingredients India Private Limited, buy the company report.
GST
Olam Food Ingredients India has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCH6830P2Z8 | Haryana | Active | 01 Jul 2023 |
| 07AABCH6830P2Z6 | Delhi | Active | 01 Jul 2017 |
| 08AABCH6830P1Z5 | Rajasthan | Active | 01 Jul 2017 |
| 24AABCH6830P1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Olam Food Ingredients India Private Limited, buy the company report.
Recent activity
Olam Food Ingredients India Private Limited has 30 board changes on record since 2009: 5 appointments and 25 cessations. The latest: Gagandeep Kaur ceased to be Company Secretary on 30 Aug 2025.
36 earlier events are in the company report.
News
Frequently asked questions
Olam Food Ingredients India is an active private limited company based in Gurgaon, Haryana, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 27 January 2006 (20+ years old) and is registered under CIN U85110HR2006PTC048628.
Olam Food Ingredients India has 5 current directors:
- Mayank Srivastava - Whole-Time Director
- Srikanth Ambati - Whole-Time Director
- Amit Khakholia - Whole-Time Director
- Somaiah Sirigiri - Whole-Time Director
- Gaurav Grover - Whole-Time Director
The latest financial statements of Olam Food Ingredients India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Olam Food Ingredients India is 06AABCH6830P2Z8, registered in Haryana. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 07AABCH6830P2Z6 (Delhi), 08AABCH6830P1Z5 (Rajasthan), 24AABCH6830P1ZB (Gujarat).
The CIN (Corporate Identification Number) of Olam Food Ingredients India is U85110HR2006PTC048628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olam Food Ingredients India has 274 court cases on record: 218 filed by the company and 56 filed against it. 41 are pending. Most are in the district courts.
Olam Food Ingredients India was incorporated on 27 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Olam Food Ingredients India has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹225.81 Cr; the latest was in July 2014.
Gagandeep Kaur ceased to be Company Secretary on 30 Aug 2025. Shreya Kapoor ceased to be Company Secretary on 14 Aug 2024. Mayank Srivastava was appointed as Whole-Time Director on 29 Nov 2023. Olam Food Ingredients India has 30 board changes on record in total.
Olam Food Ingredients India has 11 MSME Form 1 returns on record between 2019 and 2024, listing 464 overdue payments to 236 micro and small suppliers. The latest return was filed on 06 May 2024.
Olam Food Ingredients India can be reached through the website olamgroup.com. Its registered office is in Gurgaon, Haryana, India.
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