- Category
- Small (2020-21)
- Udyam number
- UDYAM-MH-20-0026765

Palikandy Marts Private Limited
About Palikandy Marts Private Limited
Data last updated:
Palikandy Marts Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 16 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52609MH2017PTC298657. Its GSTIN is 27AAJCP3720E1ZL (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Linus Ayyathan Palikandy Mohan and Lloyd Mohan Palikandy.
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 Plot No – 1 House No – 138 Dharampeth, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.4 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹9.9 Lakh (net margin -4.1%) and EBITDA of ₹15.21 Lakh (EBITDA margin 6.3%).
The company is associated with 1 brand: Kifayat Online. As per MCA filings, the company has open charges of ₹1.19 Cr on record.
Palikandy Marts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0026765). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Palikandy Marts
Contact details
Palikandy Marts Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 1 House No – 138 Dharampeth, Nagpur, Maharashtra, India – 440010
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Palikandy Marts 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
Palikandy Marts operates one associated brand: Kifayat Online. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for purchasing groceries and essentials in Nagpur. | kifayatonline.com |
Business activity
The main business activity of Palikandy Marts is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Palikandy Marts Private Limited, buy the company report.
Financials of Palikandy Marts Private Limited
FY 2025 filings availablePalikandy Marts Private Limited reported revenue of ₹2.4 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year. EBITDA fell 46% in the latest 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 |
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| EBITDA | ₹15.21 Lakh | ||||
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| Net Profit (PAT) | -₹9.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | -4.1% | ||||
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To see the full financial statements and ratios of Palikandy Marts Private Limited, buy the company report.
Board of directors of Palikandy Marts Private Limited
Palikandy Marts has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Linus Ayyathan Palikandy Mohan | Director | 04 Jan 2019 | 7 Years 10 Months | Current |
| Lloyd Mohan Palikandy Also directs: Kbfresh Ecommerce LLP, VFG Integrated Private Limited, FCKB Ecommerce Private Limited and 3 more | Director | 16 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Palikandy Marts Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Danja Retail Private Limited | ₹2.52 Cr (FY 2024) | -24.0% | Hyderabad, Telangana, India | |||
| Energic Industries Private Limited | ₹2.52 Cr (FY 2021) | Bhopal, Madhya Pradesh, India | ||||
| Rudra Natham Retails Private Limited | ₹2.49 Cr (FY 2025) | 97.0% | Talbeht, Uttar Pradesh, India | |||
| Palikandy Marts Private Limitedthis company | ₹2.4 Cr (FY 2025) | -₹9.9 Lakh | -4.1% | -8.0% | Nagpur, Maharashtra, India | |
| Ambros Retail India Private Limited | ₹2.33 Cr (FY 2024) | 12.0% | Patna, Bihar, India | |||
| Bean Tamarind Trading Private Limited | ₹2.31 Cr (FY 2020) | -8.0% | Kollam, Kerala, India |
To see the full peer comparison of Palikandy Marts Private Limited, buy the company report.
Auditor
Palikandy Marts Private Limited is audited by K N D & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N D & ASSOCIATES | FY 2018 | 112180W |
Shareholding
The shareholding of Palikandy Marts Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Palikandy Marts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2019 | 100245002 | Others | ₹1.19 Cr | Open |
To see the full charge records of Palikandy Marts Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Palikandy Marts 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 Palikandy Marts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palikandy Marts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP3720E1ZL | Maharashtra | Active | 12 Sep 2017 |
To see the full GST registrations and return filing status of Palikandy Marts Private Limited, buy the company report.
Recent activity
Palikandy Marts Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Navnit Hemant Bhaktwarti ceased to be Director on 01 Mar 2023.
Frequently asked questions
Palikandy Marts is an active private limited company based in Nagpur, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 16 August 2017 (9+ years old) and is registered under CIN U52609MH2017PTC298657.
Palikandy Marts has 2 current directors:
- Linus Ayyathan Palikandy Mohan - Director
- Lloyd Mohan Palikandy - Director
The latest financial statements of Palikandy Marts 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 FY 2018 are in the company report.
The GSTIN of Palikandy Marts is 27AAJCP3720E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palikandy Marts is U52609MH2017PTC298657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palikandy Marts was incorporated on 16 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Palikandy Marts by revenue are Danja Retail Private Limited, Energic Industries Private Limited, Rudra Natham Retails Private Limited, Ambros Retail India Private Limited, Bean Tamarind Trading Private Limited, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading).
Navnit Hemant Bhaktwarti ceased to be Director on 01 Mar 2023. Umal Prakash Wahane ceased to be Director on 05 Jan 2019. Linus Ayyathan Palikandy Mohan was appointed as Director on 04 Jan 2019. Palikandy Marts has 4 board changes on record in total.
Yes, Palikandy Marts is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0026765).
The registered office of Palikandy Marts is at Plot No – 1 House No – 138 Dharampeth, Nagpur, Maharashtra, India – 440010.
Palikandy Marts operates in the consumer services industry, in the hypermarkets and large retail chains segment.

