MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-06-0001469
Padmavati Salt Private Limited - food and beverages in Ankleshwar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹63.61 Cr
▼ 5% YoY
Net profit · FY 2024
₹59.06 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹2.05 Cr
EBITDA margin 3.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.73 Lakh
Issued & subscribed
Open charges
₹4.95 Cr
Satisfied ₹2.43 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
10
Provident fund records
About Padmavati Salt Private Limited
Data last updated:
Padmavati Salt Private Limited is a private limited company based in Ankleshwar, Gujarat, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 25 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2010PTC059321. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.73 Lakh. It is led by directors including Rajesh Anokhilal Jain and Rakesh Anokhilal Jain.
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 7 Arihant Estate Near Rajpipla Cross Road, Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.61 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹59.06 Lakh (net margin 0.9%) and EBITDA of ₹2.05 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Padmavati Salt. As per MCA filings, the company has open charges of ₹4.95 Cr and satisfied charges of ₹2.43 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 7 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2023. Its 3 peer companies in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 1 smaller; the largest is Ajanta Food Products Private Limited with revenue of ₹68.14 Cr.
Padmavati Salt Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0001469). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website padmavatisalt.co.in.
Company details
CIN U24100GJ2010PTC059321
Registration Number 059321
Incorporation Date 25 January 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-06-0001469
Key People
Rajesh Anokhilal Jain Director Rakesh Anokhilal Jain Director Lalitkumar Anokhilal Jain Director Recognitions & Rankings of Padmavati Salt
Contact details
Padmavati Salt Private Limited's registered office is in Ankleshwar, Gujarat. Its website is padmavatisalt.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 Arihant Estate Near Rajpipla Cross Road, Ankleshwar, Gujarat, India – 393002
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Padmavati Salt Private Limited, buy the company report.
Comprehensive company report
Padmavati Salt 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
Padmavati Salt operates one associated brand: Padmavati Salt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces edible, industrial, iodized, and free-flow salt for domestic and international markets. | padmavatisalt.co.in |
Business activity
The main business activity of Padmavati Salt 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 Padmavati Salt Private Limited, buy the company report.
Financials of Padmavati Salt Private Limited
FY 2025 filings availablePadmavati Salt Private Limited reported revenue of ₹63.61 Cr (down 5% YoY) for FY 2024.
Revenue · FY 2024
₹63.61 Cr ▼ 5%
Net profit · FY 2024
₹59.06 Lakh margin 0.9%
EBITDA · FY 2024
₹2.05 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 8%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 4%
5 years · compounded
▲ 6%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 17% 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 | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| 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 | 3.2% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Padmavati Salt Private Limited, buy the company report.
Board of directors of Padmavati Salt Private Limited
Padmavati Salt has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Anokhilal Jain | Director | 25 Jan 2010 | 16 Years 9 Months | Current |
| Rakesh Anokhilal Jain | Director | 25 Jan 2010 | 16 Years 9 Months | Current |
| Lalitkumar Anokhilal Jain | Director | 25 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Padmavati Salt Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ajanta Food Products Private Limited | ₹68.14 Cr (FY 2025) | 17.0% | Delhi, India | |||
| Stonefield Flavours Private Limited | ₹65.52 Cr (FY 2025) | 37.0% | Bangalore, Karnataka, India | |||
| Padmavati Salt Private Limitedthis company | ₹63.61 Cr (FY 2024) | ₹59.06 Lakh | 0.9% | -5.0% | 10 | Ankleshwar, Gujarat, India |
| Tropical Flavours Private Limited | ₹59.48 Cr (FY 2025) | -19.0% | Kunnathunad, Kerala, India |
To see the full peer comparison of Padmavati Salt Private Limited, buy the company report.
Auditor
Padmavati Salt Private Limited is audited by D K N & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K N & ASSOCIATES | FY 2022 | 120386W |
Shareholding
The shareholding of Padmavati Salt Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Padmavati Salt Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.95 Cr
Satisfied charges
₹2.43 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2025 | 101042504 | Others | ₹20 Lakh | Open | |
| 16 Dec 2024 | 101048132 | Axis Bank Limited | ₹20 Lakh | Open | |
| 08 Nov 2024 | 101008056 | Sidbi | ₹64 Lakh | Open | |
| 14 Nov 2017 | 100135821 | Others | ₹3.91 Cr | Open | |
| 20 Aug 2010 | 10237418 | Others | ₹2.43 Cr | Satisfied |
To see the full charge records of Padmavati Salt Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Padmavati Salt Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Padmavati Salt Private Limited has 15 court cases on record: 10 filed by Padmavati Salt, 5 filed against it. 7 cases are pending and 8 are disposed.
Total cases
15
Filed by the company
10
Filed against the company
5
Pending
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 3 |
| High courts | 5 | 4 | 4 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMIP) | Filed against the company by Super Salts Private Ltd Through Its Director Kishor Chheda | Pending |
| Bombay High Court | Court case (CRR) | Filed against the company by Super Salts Private Ltd Through Its Director Kishor Chheda | Pending |
| High Court, GUJARAT | Court case (RA) | Filed by the company against Super Salts Pvt. Ltd. and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed against the company by Super Salts Private Ltd Through Its Director Kishor Chheda | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Super Salts Private Ltd | Disposed |
To see the full case history of Padmavati Salt 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
No delayed payments to MSME suppliers are on our record for Padmavati Salt Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Padmavati Salt Private Limited has a workforce of 10 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-9.09%
GST
Padmavati Salt has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Padmavati Salt Private Limited, buy the company report.
Recent activity
Padmavati Salt Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Lalitkumar Anokhilal Jain was appointed as Director on 25 Jan 2010.
AGM
Padmavati Salt Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Padmavati Salt Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 101042504 was registered on 21 Jan 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 101048132 was registered on 16 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 64.00 Lakh with Charge ID 101008056 was registered on 08 Nov 2024.
Charges
A charge with Others of Rs. 391.10 Lakh registered on 14 Nov 2017 with Charge ID 100135821 was modified on 27 Sep 2019.
Charges
A charge with Others amounted to Rs. 391.10 Lakh with Charge ID 100135821 was registered on 14 Nov 2017.
Charges
A charge registered on 20 Aug 2010 via Charge ID 10237418 with Others was fully satisfied on 25 Oct 2017.
Charges
A charge with Others of Rs. 242.50 Lakh registered on 20 Aug 2010 with Charge ID 10237418 was modified on 17 Dec 2016.
Charges
A charge with Others amounted to Rs. 242.50 Lakh with Charge ID 10237418 was registered on 20 Aug 2010.
Appointed
Lalitkumar Anokhilal Jain was appointed as Director.
Appointed
Rajesh Anokhilal Jain was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Padmavati Salt is an active private limited company based in Ankleshwar, Gujarat, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 25 January 2010 (16+ years old) and is registered under CIN U24100GJ2010PTC059321.
Padmavati Salt has 3 current directors:
- Rajesh Anokhilal Jain - Director
- Rakesh Anokhilal Jain - Director
- Lalitkumar Anokhilal Jain - Director
The latest financial statements of Padmavati Salt 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.
No. Padmavati Salt has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Padmavati Salt is U24100GJ2010PTC059321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmavati Salt has 15 court cases on record: 10 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Padmavati Salt was incorporated on 25 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Padmavati Salt has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
The peers of Padmavati Salt by revenue are Ajanta Food Products Private Limited, Stonefield Flavours Private Limited, Tropical Flavours Private Limited, all in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products).
Lalitkumar Anokhilal Jain was appointed as Director on 25 Jan 2010. Rajesh Anokhilal Jain was appointed as Director on 25 Jan 2010. Rakesh Anokhilal Jain was appointed as Director on 25 Jan 2010.
Yes, Padmavati Salt is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-06-0001469).
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