DPIIT recognised startup Government of India
Startup India
Organic Mile Private Limited
Organic Mile Private Limited - manufacturing in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹69.4 Lakh
▼ 39% YoY
Net loss · FY 2024
₹31.71 Lakh
Net margin -45.7%
EBITDA · FY 2024
-₹29.77 Lakh
EBITDA margin -42.9%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
1
Provident fund records
About Organic Mile Private Limited
Data last updated:
Organic Mile Private Limited is a private limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the manufacturing sector. It was incorporated on 22 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2019PTC126418. Its GSTIN is 29AACCO9841N1ZO (Karnataka).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Varun Vaikunt Bhat and Jakrabettu Meghana Prabhu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.4 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹31.71 Lakh (net margin -45.7%) and EBITDA of -₹29.77 Lakh (EBITDA margin -42.9%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40 Lakh on record.
Organic Mile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0001118). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36999KA2019PTC126418
Registration Number 126418
Incorporation Date 22 July 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-11-0001118
Key People
Varun Vaikunt Bhat Director Jakrabettu Meghana Prabhu Director Bantwal Vasudev Bhat Director Recognitions & Rankings of Organic Mile
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-11-0001118
Contact details
Organic Mile Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 400A Industrial Area, Baikampady, Mangalore, Karnataka, India – 575011
- IndustryManufacturing, Manufacturing, Other
To see the full contact details of Organic Mile Private Limited, buy the company report.
Comprehensive company report
Organic Mile 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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Secure checkout · GST invoice included
Business activity
The main business activity of Organic Mile is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Organic Mile Private Limited, buy the company report.
Financials of Organic Mile Private Limited
FY 2024 filings availableOrganic Mile Private Limited reported revenue of ₹69.4 Lakh (down 39% YoY) for FY 2024.
Revenue · FY 2024
₹69.4 Lakh ▼ 39%
Net loss · FY 2024
₹31.71 Lakh margin -45.7%
EBITDA · FY 2024
-₹29.77 Lakh margin -42.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 86%
EBITDA CAGR growth
1 year
▼ 387%
3 years · compounded
▼ 402%
Revenue fell 39% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 86%. EBITDA fell 387% 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 | -₹29.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.71 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.9% | ||||
| Net Profit Margin | -45.7% | ||||
| 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 Organic Mile Private Limited, buy the company report.
Board of directors of Organic Mile Private Limited
Organic Mile has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Vaikunt Bhat Also directs: Krest Renewable Fuels Private Limited | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Jakrabettu Meghana Prabhu Also directs: Krest Renewable Fuels Private Limited | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Bantwal Vasudev Bhat | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Samartha Padubidri Prabhu Also directs: Naira Foods and Beverages Private Limited | Director | 09 Dec 2021 | 4 Years 11 Months | Current |
Peer comparison
Organic Mile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahashakti Rice Mills Private Limited | ₹69.65 Lakh (FY 2025) | -20.0% | Bathinda, Punjab, India | |||
| Niva Technoprint Private Limited | ₹69.54 Lakh (FY 2023) | 1.0% | Ahmedabad, Gujarat, India | |||
| Bell Pins Private Limited | ₹69.52 Lakh (FY 2025) | -43.0% | Tirunelveli, Tamil Nadu, India | |||
| Multiwyn Tiles Private Limited | ₹69.45 Lakh (FY 2024) | 815.0% | Kolkata, West Bengal, India | |||
| Creator Promotions Expositions Private Limited | ₹69.41 Lakh (FY 2017) | -32.0% | New Delhi, Delhi, India | |||
| Organic Mile Private Limitedthis company | ₹69.4 Lakh (FY 2024) | -₹31.71 Lakh | -45.7% | -39.0% | 1 | Mangalore, Karnataka, India |
| Shree Krishnam Shivank Infra Project Private Limited | ₹69.39 Lakh (FY 2024) | -56.0% | Jaipur, Rajasthan, India | |||
| Metron Innovations Private Limited | ₹69.34 Lakh (FY 2025) | 806205.0% | Hyderabad, Telangana, India | |||
| Shakuntalam Cement Private Limited | ₹69.2 Lakh (FY 2023) | 1270.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Techfilt Private Limited | ₹69.19 Lakh (FY 2021) | -15.0% | Nagpur, Maharashtra, India | |||
| Zohra Marbles and Tiles P. Ltd. | ₹69.11 Lakh (FY 2024) | -14.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Organic Mile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2023 | 100684943 | Others | ₹40 Lakh | Open |
To see the full charge records of Organic Mile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Organic Mile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Organic Mile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Organic Mile Private Limited has a workforce of 1 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Organic Mile Private Limited, buy the company report.
GST
Organic Mile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCO9841N1ZO | Karnataka | Active | 27 Mar 2020 |
To see the full GST registrations and return filing status of Organic Mile Private Limited, buy the company report.
Recent activity
Organic Mile Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Clare Richmondpremnath Austin ceased to be Director on 12 Mar 2024.
AGM
Organic Mile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Organic Mile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Clare Richmondpremnath Austin ceased to be Director.
Charges
A charge with Others of Rs. 40.00 Lakh registered on 23 Jan 2023 with Charge ID 100684943 was modified on 27 Dec 2023.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100684943 was registered on 23 Jan 2023.
Appointed
Clare Richmondpremnath Austin was appointed as Director.
Appointed
Samartha Padubidri Prabhu was appointed as Director.
Appointed
Bantwal Vasudev Bhat was appointed as Director.
Appointed
Jakrabettu Meghana Prabhu was appointed as Director.
Appointed
Varun Vaikunt Bhat was appointed as Director.
Incorporation
22 Jul 2019
Organic Mile Private Limited was registered on 22 Jul 2019 with Roc Bangalore & aged 7 years 3 months as per MCA records.
Frequently asked questions
Organic Mile is an active private limited company based in Mangalore, Karnataka, India. The company works in the manufacturing industry. It was incorporated on 22 July 2019 (7+ years old) and is registered under CIN U36999KA2019PTC126418.
Organic Mile has 4 current directors:
- Varun Vaikunt Bhat - Director
- Jakrabettu Meghana Prabhu - Director
- Bantwal Vasudev Bhat - Director
- Samartha Padubidri Prabhu - Director
The latest financial statements of Organic Mile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Organic Mile is 29AACCO9841N1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Organic Mile is U36999KA2019PTC126418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Organic Mile was incorporated on 22 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Organic Mile by revenue are Mahashakti Rice Mills Private Limited, Niva Technoprint Private Limited, Bell Pins Private Limited, Multiwyn Tiles Private Limited, Creator Promotions Expositions Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Clare Richmondpremnath Austin ceased to be Director on 12 Mar 2024. Clare Richmondpremnath Austin was appointed as Director on 15 Feb 2022. Samartha Padubidri Prabhu was appointed as Director on 09 Dec 2021. Organic Mile has 6 board changes on record in total.
Yes, Organic Mile is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Organic Mile is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0001118).
The registered office of Organic Mile is at Plot No. 400A Industrial Area, Baikampady, Mangalore, Karnataka, India – 575011.
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