MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0012246
Padmini Products Private Limited - fmcg in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.24 Cr
▲ 7% YoY
Net loss · FY 2024
₹1.78 Cr
Net margin -6.1%
EBITDA · FY 2024
₹86.46 Lakh
EBITDA margin 3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Open charges
₹2.11 Cr
Satisfied ₹13.74 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
288
Provident fund records
About Padmini Products Private Limited
Data last updated:
Padmini Products Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the home care and cleaning products segment of the FMCG sector. It was incorporated on 30 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24248KA2004PTC033277. Its GSTIN is 29AADCP1790L1ZY (Karnataka). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Ravikiran Nagaraj Vemulkar (Whole-Time Director) and Kumar Nagaraj (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 No.157 K.Kamaraj Roadbangalore 560 042, Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.24 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.78 Cr (net margin -6.1%) and EBITDA of ₹86.46 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.
The company has about 288 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2.11 Cr and satisfied charges of ₹13.74 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 2 cases are pending.
Padmini Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0012246). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website padmini.com.
Company details
CIN U24248KA2004PTC033277
Registration Number 033277
Incorporation Date 30 January 2004
ROC Bangalore
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 Small
Udyam Registration UDYAM-KR-03-0012246
Key People
Ravikiran Nagaraj Vemulkar Whole-Time Director Kumar Nagaraj Whole-Time Director Surekha Nagaraj Director Recognitions & Rankings of Padmini Products
Contact details
Padmini Products Private Limited's registered office is in Bangalore, Karnataka. Its website is padmini.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.157 K.Kamaraj Roadbangalore 560 042, Karnataka, India
- IndustryFMCG, Home Care & Cleaning Products
To see the full contact details of Padmini Products Private Limited, buy the company report.
Comprehensive company report
Padmini Products 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 Padmini Products is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Padmini Products Private Limited, buy the company report.
Financials of Padmini Products Private Limited
FY 2025 filings availablePadmini Products Private Limited reported revenue of ₹29.24 Cr (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹29.24 Cr ▲ 7%
Net loss · FY 2024
₹1.78 Cr margin -6.1%
EBITDA · FY 2024
₹86.46 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 14%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 7%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 77% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹86.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.78 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Padmini Products Private Limited, buy the company report.
Board of directors of Padmini Products Private Limited
Padmini Products has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravikiran Nagaraj Vemulkar Also directs: Optilife Innovations Private Limited | Whole-Time Director | 30 Jan 2004 | 22 Years 8 Months | Current |
| Kumar Nagaraj | Whole-Time Director | 30 Jan 2004 | 22 Years 8 Months | Current |
| Surekha Nagaraj Also directs: Padmini Aromatics Private Limited | Director | 30 Jan 2004 | 22 Years 8 Months | Current |
| Lokesh Nagaraj Vemulkar Also directs: Padmini Aromatics Private Limited | Director | 30 Jan 2004 | 22 Years 8 Months | Current |
Auditor
Padmini Products Private Limited is audited by Y V S VINOD AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y V S VINOD AND ASSOCIATES | FY 2023 | 012581S |
Shareholding
The shareholding of Padmini Products 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Padmini Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.11 Cr
Satisfied charges
₹13.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2023 | 100703557 | Yes Bank Limited | ₹11.47 Lakh | Open | |
| 14 Jul 2021 | 100462539 | Indnian Overseas Bank | ₹2 Cr | Open | |
| 24 Mar 2016 | 100042330 | Others | ₹1.01 Cr | Satisfied | |
| 20 Nov 2014 | 10551393 | Bajaj Finance Limited | ₹3 Cr | Satisfied | |
| 30 Nov 2010 | 10256092 | Bajaj Finance Limited | ₹2.05 Cr | Satisfied |
To see the full charge records of Padmini Products Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Padmini Products Private Limited has 17 court cases on record: 11 filed by Padmini Products, 6 filed against it. 2 cases are pending and 15 are disposed.
Total cases
17
Filed by the company
11
Filed against the company
6
Pending
2
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 2 | 0 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0323-Direct Taxes Matter : Others) | Filed against the company by The Deputy Commissioner of Income Tax Bengaluru the Deputy Commissioner of Income Tax Bengaluru Circle 12 (2), 14/3, 4Th Floor, Rashtrothana Bhavan, Nrupathunga Road , District: Bengaluru , , Karnataka | Pending |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by The Deputy Commissioner of Income Tax Bengaluru the Deputy Commissioner of Income Tax Bengaluru Circle - 12(2), 14/3, 4Th Floor, Rashtrothana Bhavan, Nrupatunga Road , District: Bengaluru , , Karnataka | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Assistant Commissioner (CT), | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner (CT), | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Padmini Products 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
Padmini Products Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 614 overdue payments to 44 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 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Roma Aromas | |||
| Rajshree Offset Packaging & Screens | |||
| an individual supplier | |||
| Pristine Packers Private Limited |
To see the full MSME payment records of Padmini Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Padmini Products has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Padmini Marketing Private Limited | U51909KA1991PTC011801 |
To see the full group structure of Padmini Products Private Limited, buy the company report.
Employees & EPFO
Padmini Products Private Limited has a workforce of 288 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
288
Active EPFO establishments
1
Employee growth
14.29%
GST
Padmini Products has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP1790L1ZY | Karnataka | Active | 01 Jul 2017 |
| 07AADCP1790L1Z4 | Delhi | Active | 01 Jul 2017 |
| 19AADCP1790L1ZZ | West Bengal | Active | 01 Jul 2017 |
| 27AADCP1790L1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Padmini Products Private Limited, buy the company report.
Recent activity
Padmini Products Private Limited has 8 board changes on record since 2004: 6 appointments and 2 cessations. The latest: Prabhukiran Nagaraj ceased to be Director on 01 Sep 2022.
Charges
A charge registered on 30 Nov 2010 via Charge ID 10256092 with Bajaj Finance Limited was fully satisfied on 02 Jan 2026.
Charges
A charge registered on 24 Mar 2016 via Charge ID 100042330 with Others was fully satisfied on 27 Dec 2025.
Charges
A charge registered on 20 Nov 2014 via Charge ID 10551393 with Bajaj Finance Limited was fully satisfied on 27 Dec 2025.
AGM
Padmini Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Padmini Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100703557 was registered on 24 Jan 2023.
Ceased
Prabhukiran Nagaraj ceased to be Director.
Charges
A charge with Indnian Overseas Bank amounted to Rs. 2.00 Cr with Charge ID 100462539 was registered on 14 Jul 2021.
Charges
A charge with Others amounted to Rs. 1.01 Cr with Charge ID 100042330 was registered on 24 Mar 2016.
Charges
A charge registered on 30 Aug 2004 via Charge ID 80006261 with Standard Chartered Bank was fully satisfied on 31 Jul 2015.
Charges
A charge with Bajaj Finance Limited amounted to Rs. 3.00 Cr with Charge ID 10551393 was registered on 20 Nov 2014.
Ceased
Nagaraj Narayanaswamy ceased to be Managing Director.
10 earlier events are in the company report.
Frequently asked questions
Padmini Products is an active private limited company based in Bangalore, Karnataka, India. The company works in home care and cleaning products, within the FMCG industry. It was incorporated on 30 January 2004 (22+ years old) and is registered under CIN U24248KA2004PTC033277.
Padmini Products has 4 current directors:
- Ravikiran Nagaraj Vemulkar - Whole-Time Director
- Kumar Nagaraj - Whole-Time Director
- Surekha Nagaraj - Director
- Lokesh Nagaraj Vemulkar - Director
The latest financial statements of Padmini Products 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 Padmini Products is 29AADCP1790L1ZY, registered in Karnataka. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 07AADCP1790L1Z4 (Delhi), 19AADCP1790L1ZZ (West Bengal), 27AADCP1790L1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Padmini Products is U24248KA2004PTC033277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmini Products has 17 court cases on record: 11 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Padmini Products was incorporated on 30 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Prabhukiran Nagaraj ceased to be Director on 01 Sep 2022. Nagaraj Narayanaswamy ceased to be Managing Director on 19 Apr 2013. Kumar Nagaraj was appointed as Whole-Time Director on 30 Jan 2004. Padmini Products has 8 board changes on record in total.
Yes, Padmini Products is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0012246).
Padmini Products has 10 MSME Form 1 returns on record between 2019 and 2024, listing 614 overdue payments to 44 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Padmini Products can be reached through the website padmini.com. Its registered office is in Bangalore, Karnataka, India.