Rishita Spices Private Limited
About Rishita Spices Private Limited
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Rishita Spices Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the grinding and processing of spices segment of the food and beverages sector. It was incorporated on 18 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U15495OR2016PTC025682. Its GSTIN is 21AAHCR9125M1Z5 (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Rajani Kanta Kar (Managing Director) and Sarita Pujapanda.
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 Plot.No – 1798 Ramayani Sahi Badadanda Old Town, Bhubaneswar, Odisha, India – 751002.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.7 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹6,544 (net margin 1.4%) and EBITDA of ₹96,009 (EBITDA margin 20.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹7.83 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot.No – 1798 Ramayani Sahi Badadanda Old Town, Bhubaneswar, Odisha, India – 751002
- IndustryFood And Beverages, Grinding And Processing Of Spices, Other Food Products, Manufacturing
- 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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Business Activity of Rishita Spices Private Limited
The main business activity of Rishita Spices is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rishita Spices Private Limited FY 2024 filings available
Rishita Spices Private Limited reported revenue of ₹4.7 Lakh (down 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rishita Spices Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 65% fall in the latest year. EBITDA fell 8% 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 of Rishita Spices Private Limited
| 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 | ₹96,009 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6,544 | •••• | •••• | •••• | •••• |
| 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 of Rishita Spices Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rishita Spices are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rishita Spices Private Limited
Rishita Spices Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Spices). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarant Foods and Spices Private Limited | ₹4.82 Lakh (FY 2024) | •••• | •••• | 348.0% | •••• | Lucknow, Uttar Pradesh, India |
| Aashirvvad Aggrocrops and Spices Private Limited | ₹4.78 Lakh (FY 2022) | •••• | •••• | 1243.0% | •••• | Sitapur, Uttar Pradesh, India |
| Sunlight Spices Private Limited | ₹4.76 Lakh (FY 2022) | •••• | •••• | 37.0% | •••• | Bardhaman, West Bengal, India |
| Nonu Spices and Snacks Private Limited | ₹4.71 Lakh (FY 2019) | •••• | •••• | •••• | Delhi, India | |
| Shruti Spices Private Limited | ₹4.71 Lakh (FY 2021) | •••• | •••• | -90.0% | •••• | Nagpur, Maharashtra, India |
| Rishita Spices Private Limited this company | ₹4.7 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Bhubaneswar, Odisha, India |
| Kothamangalam Aggregates Private Limited | ₹4.66 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Kothamangalam, Kerala, India |
| RSB Foods and Spices Private Limited | ₹4.57 Lakh (FY 2025) | •••• | •••• | •••• | Raipur, Chhattisgarh, India | |
| Little Dents Private Limited | ₹4.55 Lakh (FY 2023) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Vogs International Private Limited | ₹4.51 Lakh (FY 2022) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Mohan Spices Pvt Ltd | ₹4.49 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Rishita Spices by revenue in the Food and Beverages industry (Spices), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Rishita Spices Private Limited
Rishita Spices has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarita Pujapanda Also directs: Kar Book Depot Private Limited | Director | 18 Aug 2016 | 10 Years 1 Months | Current |
| Rajani Kanta Kar Also directs: Kar Book Depot Private Limited | Managing Director | 18 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Rishita Spices Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rishita Spices Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2018 | Others | ₹7.83 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Rishita Spices Private Limited
Employment history and EPFO contributions of people linked to Rishita Spices.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rishita Spices Private Limited
Rishita Spices Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Rajani Kanta Kar was appointed as Managing Director on 18 Aug 2016.
Credit Ratings, Litigation & Regulatory Alerts for Rishita Spices Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rishita Spices Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rishita Spices Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rishita Spices Private Limited
Rishita Spices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCR9125M1Z5 | Odisha | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rishita Spices Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rishita Spices Private Limited
Rishita Spices is an active private limited company based in Bhubaneswar, Odisha, India. The company works in grinding and processing of spices, within the food and beverages industry. It was incorporated on 18 August 2016 (10+ years old) and is registered under CIN U15495OR2016PTC025682.
Rishita Spices reported revenue of ₹4.7 Lakh for FY 2024 (down 65% YoY).
Rishita Spices has 2 current directors:
- Rajani Kanta Kar - Managing Director
- Sarita Pujapanda - Director
Rishita Spices reported a net profit of ₹6,544 (net margin 1.4%) and EBITDA of ₹96,009 (EBITDA margin 20.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rishita Spices is -1% over three years and -17% over five years. In the latest year (FY 2024) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rishita Spices is 21AAHCR9125M1Z5, registered in Odisha.
The CIN (Corporate Identification Number) of Rishita Spices is U15495OR2016PTC025682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishita Spices was incorporated on 18 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Rishita Spices by revenue are Sarant Foods and Spices Private Limited, Aashirvvad Aggrocrops and Spices Private Limited, Sunlight Spices Private Limited, Nonu Spices and Snacks Private Limited, Shruti Spices Private Limited and 5 more, all in the Food and Beverages industry (Spices).
Rajani Kanta Kar was appointed as Managing Director on 18 Aug 2016. Sarita Pujapanda was appointed as Director on 18 Aug 2016.
The registered office of Rishita Spices is at Plot.No – 1798 Ramayani Sahi Badadanda Old Town, Bhubaneswar, Odisha, India – 751002.