Fortune MNC 500 India 2026 edition
Rank#450- Total income
- ₹400 Cr
- Profit
- ₹-23 Cr
Last year #434
Oriflame India Private Limited - fmcg in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹436.78 Cr
▼ 15% YoY
Net loss · FY 2024
₹22.88 Cr
Net margin -5.2%
EBITDA · FY 2024
-₹20.11 Cr
EBITDA margin -4.6%
Authorised capital
₹85 Cr
Registered with MCA
Paid-up capital
₹79.9 Cr
Issued & subscribed
Open charges
₹1.64 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
340
Provident fund records
About Oriflame India Private Limited
Data last updated:
Oriflame India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Oriflame Investments Limited. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 25 August 1994 and has been in existence for over 32 years.
Oriflame India is ranked #450 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC061083. Its GSTIN is 07AAACO0256B1Z2 (Delhi). The company holds 43 GST registrations, of which 31 are active.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹79.9 Cr. It was formerly known as Oriflame India Limited. It is led by directors including Edyta Bogumila Kurek (Managing Director) and Manjit Singh Bawa (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 2024. The registered office is at Unit No. Dj – 1110 11th Floor, DLF Tower – B Plot No. 11 Jasola, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2024, the company reported a revenue of ₹436.78 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹22.88 Cr (net margin -5.2%) and EBITDA of -₹20.11 Cr (EBITDA margin -4.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 340 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Oriflame. As per MCA filings, the company has open charges of ₹1.64 Cr on record. Court records list 69 cases involving the company, including 31 filed by the company and 38 filed against it; 11 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹14.1 Cr; the latest was in August 2008. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 352 overdue payments to 43 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 in.oriflame.com.
Company details
CIN U74899DL1994PTC061083
Registration Number 061083
Incorporation Date 25 August 1994
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Oriflame Investments Limited
Compliance Status Active Compliant
Key People
Edyta Bogumila Kurek Managing Director Manjit Singh Bawa Whole-Time Director Subramanian Sitaraman Whole-Time Director Recognitions & Rankings of Oriflame India
Contact details
Oriflame India Private Limited's registered office is in New Delhi, Delhi. Its website is in.oriflame.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. Dj – 1110 11th Floor, DLF Tower – B Plot No. 11 Jasola, New Delhi, Delhi, India – 110025
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Oriflame India Private Limited, buy the company report.
Comprehensive company report
Oriflame India 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
Oriflame India operates one associated brand: Oriflame. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Beauty and wellness products are distributed via multi-level marketing. | oriflame.com |
Business activity
The main business activity of Oriflame India 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 Oriflame India Private Limited, buy the company report.
Financials of Oriflame India Private Limited
FY 2024 filings availableOriflame India Private Limited reported revenue of ₹436.78 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹436.78 Cr ▼ 15%
Net loss · FY 2024
₹22.88 Cr margin -5.2%
EBITDA · FY 2024
-₹20.11 Cr margin -4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 15%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 520%
3 years · compounded
▼ 30%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 15% fall in the latest year. EBITDA fell 520% 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 | -₹20.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.88 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | ||||
| Net Profit Margin | -5.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Oriflame India Private Limited, buy the company report.
Board of directors of Oriflame India Private Limited
Oriflame India has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Edyta Bogumila Kurek Also directs: Swedish Chamber of Commerce India | Managing Director | 21 Mar 2024 | 2 Years 7 Months | Current |
| Manjit Singh Bawa Also directs: Sunora International LLP | Whole-Time Director | 18 Oct 2011 | 15 Years 0 Months | Current |
| Subramanian Sitaraman | Whole-Time Director | 31 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Oriflame India Private Limited is audited by BSR & Co.LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co.LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Oriflame India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Oriflame India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.64 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2020 | 100312400 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.64 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Oriflame India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹14.1 Cr; the latest was in August 2008.
Total deals
1
Funding round
1
Disclosed funding
₹14.1 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2008 | Funding round | ₹14.1 Cr | Investors: Oriflame Investments Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Oriflame India Private Limited has 69 court cases on record: 31 filed by Oriflame India, 38 filed against it. 11 cases are pending and 58 are disposed.
Total cases
69
Filed by the company
31
Filed against the company
38
Pending
11
Disposed
58
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 11 | 2 |
| District courts | 29 | 17 | 3 |
| NCLAT | 6 | 6 | 6 |
| Supreme Court | 3 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Mack Star Marketing Private Ltd | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Mack Star Marketing Private Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Mack Star Marketing Private Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Mack Star Marketing Pvt Ltd and 3 Ors. | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Mack Star Marketing Private Ltd | Disposed |
To see the full case history of Oriflame 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
Oriflame India Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 352 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ishwar Corrugation & Packaging Industry Private Limited | |||
| an individual supplier | |||
| Aparajitha Corporate Services Private Limited | |||
| Lasersec Technologies Private Limited |
To see the full MSME payment records of Oriflame India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Oriflame India Private Limited has a workforce of 340 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
340
Active EPFO establishments
2
Employee growth
-8.6%
GST
Oriflame India has 43 GST registrations: 31 active and 12 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
43
Active
31
Cancelled / inactive
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACO0256B1Z2 | Delhi | Active | 01 Jul 2017 |
| 07AAACO0256B7ZW | Delhi | Active | 13 Jul 2017 |
| 12AAACO0256B7Z5 | Arunachal Pradesh | Active | 30 Jun 2017 |
| 03AAACO0256B1ZA | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oriflame India Private Limited, buy the company report.
Recent activity
Oriflame India Private Limited has 21 board changes on record since 2007: 3 appointments and 18 cessations. The latest: Karan Mehra ceased to be Company Secretary on 01 May 2024.
AGM
Oriflame India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Karan Mehra ceased to be Company Secretary.
Filing
Oriflame India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Edyta Bogumila Kurek was appointed as Managing Director.
Ceased
Edyta Bogumila Kurek ceased to be Director.
Ceased
Dorota Anna Steciuk Godzieba ceased to be Additional Director.
Ceased
Robin Richard Ram Chibba ceased to be Additional Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.64 Cr with Charge ID 100312400 was registered on 03 Jan 2020.
Ceased
Frederic Sebastian Nikodemus Widell ceased to be Additional Director.
Ceased
Sergey Kanashin ceased to be Managing Director.
Ceased
Carlos Alberto Zurita Aldrete ceased to be Whole-Time Director.
Ceased
Niklas Karl Einar Frisk ceased to be Managing Director.
13 earlier events are in the company report.
News
Frequently asked questions
Oriflame India is an active private limited company based in New Delhi, Delhi, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 25 August 1994 (32+ years old) and is registered under CIN U74899DL1994PTC061083.
Oriflame India has 3 current directors:
- Edyta Bogumila Kurek - Managing Director
- Manjit Singh Bawa - Whole-Time Director
- Subramanian Sitaraman - Whole-Time Director
The latest financial statements of Oriflame India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Oriflame India is 07AAACO0256B1Z2, registered in Delhi. The company has 43 GST registrations in all, of which 31 are active and 12 are cancelled or inactive. Other active GSTINs include 07AAACO0256B7ZW (Delhi), 12AAACO0256B7Z5 (Arunachal Pradesh), 03AAACO0256B1ZA (Punjab).
The CIN (Corporate Identification Number) of Oriflame India is U74899DL1994PTC061083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oriflame India has 69 court cases on record: 31 filed by the company and 38 filed against it. 11 are pending. Most are in the high courts.
Oriflame India was incorporated on 25 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Oriflame India has 1 deal on record (1 funding round), with disclosed funding of ₹14.1 Cr; the latest was in August 2008.
Karan Mehra ceased to be Company Secretary on 01 May 2024. Edyta Bogumila Kurek was appointed as Managing Director on 21 Mar 2024. Edyta Bogumila Kurek ceased to be Director on 21 Mar 2024. Oriflame India has 21 board changes on record in total.
Oriflame India has 10 MSME Form 1 returns on record between 2019 and 2024, listing 352 overdue payments to 43 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Oriflame India can be reached through the website in.oriflame.com. Its registered office is in New Delhi, Delhi, India.
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