Startup India Government of India
Salutaris Food Technologies Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹24.87 Lakh
▲ 426% YoY
Net loss · FY 2020
₹14.88 Lakh
Net margin -59.8%
EBITDA · FY 2020
-₹12.48 Lakh
EBITDA margin -50.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.88 Cr
Issued & subscribed
Satisfied charges
₹3.45 Cr
No open charges
Company age
10 yrs
Est. 2016
Employees · EPFO
6
Provident fund records
About Salutaris Food Technologies Private Limited
Data last updated:
Salutaris Food Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 02 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15319KA2016PTC098190. Its GSTIN is 29AAXCS8805M1Z7 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.88 Cr. It is led by directors Sarangan Narayanan and Murari Narayanan.
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 No 12 C I L Layout 'A' Block Sanjay Nagar, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.88 Lakh (net margin -59.8%) and EBITDA of -₹12.48 Lakh (EBITDA margin -50.2%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.45 Cr on record.
Salutaris Food Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0014342). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salutarisfood.com.
Company details
CIN U15319KA2016PTC098190
Registration Number 098190
Incorporation Date 02 December 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0014342
Recognitions & Rankings of Salutaris Food Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0014342
Contact details
Salutaris Food Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is salutarisfood.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 12 C I L Layout 'A' Block Sanjay Nagar, Bangalore, Karnataka, India – 560094
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Salutaris Food Technologies Private Limited, buy the company report.
Comprehensive company report
Salutaris Food Technologies 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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Business activity
The main business activity of Salutaris Food Technologies 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 |
Financials of Salutaris Food Technologies Private Limited
FY 2024 filings availableSalutaris Food Technologies Private Limited reported revenue of ₹24.87 Lakh (up 426% YoY) for FY 2020.
Revenue · FY 2020
₹24.87 Lakh ▲ 426%
Net loss · FY 2020
₹14.88 Lakh margin -59.8%
EBITDA · FY 2020
-₹12.48 Lakh margin -50.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 426%
Revenue rose 426% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹24.87 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹12.48 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹14.88 Lakh | |||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -50.2% | |||
| Net Profit Margin | -59.8% | |||
| 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 Salutaris Food Technologies Private Limited, buy the company report.
Board of directors of Salutaris Food Technologies Private Limited
Salutaris Food Technologies has 2 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 |
|---|---|---|---|---|
| Sarangan Narayanan Also directs: Sarangan Ventures Private Limited | Director | 02 Dec 2016 | 9 Years 11 Months | Current |
| Murari Narayanan | Director | 02 Dec 2016 | 9 Years 11 Months | Current |
Auditor
Salutaris Food Technologies Private Limited is audited by D P R & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D P R & CO | FY 2020 | 011742S |
Shareholding
The shareholding of Salutaris Food Technologies Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Salutaris Food Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2020 | 100392548 | Others | ₹3.45 Cr | Satisfied |
To see the full charge records of Salutaris Food Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Salutaris Food Technologies 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 Salutaris Food Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salutaris Food Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS8805M1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salutaris Food Technologies Private Limited, buy the company report.
Recent activity
Salutaris Food Technologies Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Akshay Harikrishna Ural ceased to be Director on 10 Jan 2025.
Ceased
Akshay Harikrishna Ural ceased to be Director.
Ceased
Prakrithy Narayanan ceased to be Director.
AGM
Salutaris Food Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Salutaris Food Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 12 Nov 2020 via Charge ID 100392548 with Others was fully satisfied on 07 Sep 2021.
Charges
A charge with Others amounted to Rs. 3.45 Cr with Charge ID 100392548 was registered on 12 Nov 2020.
Appointed
Murari Narayanan was appointed as Director.
Appointed
Sarangan Narayanan was appointed as Director.
Incorporation
02 Dec 2016
Salutaris Food Technologies Private Limited was registered on 02 Dec 2016 with Roc Bangalore & aged 9 years 11 months as per MCA records.
Frequently asked questions
Salutaris Food Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 02 December 2016 (10+ years old) and is registered under CIN U15319KA2016PTC098190.
Salutaris Food Technologies has 2 current directors:
- Sarangan Narayanan - Director
- Murari Narayanan - Director
The latest financial statements of Salutaris Food Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Salutaris Food Technologies is 29AAXCS8805M1Z7, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Salutaris Food Technologies is U15319KA2016PTC098190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salutaris Food Technologies was incorporated on 02 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Akshay Harikrishna Ural ceased to be Director on 10 Jan 2025. Prakrithy Narayanan ceased to be Director on 10 Jan 2025. Murari Narayanan was appointed as Director on 02 Dec 2016. Salutaris Food Technologies has 4 board changes on record in total.
Yes, Salutaris Food Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Salutaris Food Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0014342).
Salutaris Food Technologies can be reached through the website salutarisfood.com. Its registered office is in Bangalore, Karnataka, India.
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