MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-22-0004357
Salutaris Technologies Private Limited - healthcare in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹10.01 Cr
▼ 20% YoY
Net profit · FY 2020
₹8.05 Lakh
Net margin 0.8%
EBITDA · FY 2020
₹65.52 Lakh
EBITDA margin 6.5%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹5.48 Cr
Issued & subscribed
Open charges
₹5.87 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
19
Provident fund records
About Salutaris Technologies Private Limited
Data last updated:
Salutaris Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 30 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24231KA2009PTC049479. Its GSTIN is 29AANCS0537N1ZQ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.48 Cr. It is led by directors Prakrithy Narayanan and Akshay Harikrishna Ural.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.72 5th Cross H.I.G Colony Dollars Colony Sanjayanagar Rmv 2nd Stage, Bengaluru, Karnataka, India – 560094.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.01 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹8.05 Lakh (net margin 0.8%) and EBITDA of ₹65.52 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Salutaris. As per MCA filings, the company has open charges of ₹5.87 Cr on record. Court records list 17 cases involving the company, including 2 filed by the company and 11 filed against it; 6 cases are pending.
Salutaris Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-22-0004357). 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 of Salutaris Technologies Private Limited
CIN U24231KA2009PTC049479
Registration Number 049479
Incorporation Date 30 March 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-22-0004357
Recognitions & Rankings of Salutaris Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.72 5th Cross H.I.G Colony Dollars Colony Sanjayanagar Rmv 2nd Stage, Bengaluru, Karnataka, India – 560094
- IndustryHealthcare, Ayurvedic Products & Services
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Associated Brands with Salutaris Technologies Private Limited
Salutaris Technologies operates one associated brand: Salutaris. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures herbal ingredients for various applications. | salutaristech.com |
Business Activity of Salutaris Technologies Private Limited
The main business activity of Salutaris Technologies is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Salutaris Technologies Private Limited FY 2020 filings available
Salutaris Technologies Private Limited reported revenue of ₹10.01 Cr (down 20% YoY) for FY 2020.
Revenue · FY 2020
₹10.01 Cr ▼ 20%
Net profit · FY 2020
₹8.05 Lakh margin 0.8%
EBITDA · FY 2020
₹65.52 Lakh margin 6.5%
Compounded Annual Growth Rate (CAGR) of Salutaris Technologies Private Limited
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 9%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 9%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 28% 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 Salutaris Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹65.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.05 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 of Salutaris Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Salutaris Technologies are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Salutaris Technologies Private Limited
Salutaris Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakrithy Narayanan | Director | 30 Mar 2009 | 17 Years 6 Months | Current |
| Akshay Harikrishna Ural Also directs: Deck Bubble Marketing Solutions Private Limited | Additional Director | 14 Nov 2022 | 3 Years 11 Months | Current |
Peer Comparison of Salutaris Technologies Private Limited
Salutaris Technologies Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Ayurvedic Products and Services, Edible Oils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SMS Agro Products Private Limited | ₹10.16 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Dindigul, Tamil Nadu, India |
| Bhanu Oil Industries Private Limited | ₹10.16 Cr (FY 2025) | •••• | •••• | 231363.0% | •••• | Gandhidham, Gujarat, India |
| Chenat Traders Private Limited | ₹10.1 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Kozhikode, Kerala, India |
| Saroj Oils Private Limited | ₹10.07 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Kota, Rajasthan, India |
| Ayurveda Rasashala Foundation | ₹10.07 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Salutaris Technologies Private Limited this company | ₹10.01 Cr (FY 2020) | •••• | •••• | -20.0% | •••• | Bengaluru, Karnataka, India |
| Amsar Private Limited | ₹10.01 Cr (FY 2023) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Curefuture Healthcare Private Limited | ₹9.96 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Kichha, Uttarakhand, India |
| Eclat Pharma and Aerosols Pvt Ltd | ₹9.94 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Aashirwad Ayurveda Pharmacy India Private Limited | ₹9.94 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ancient Greenfields Private Limited | ₹9.86 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Salutaris Technologies by revenue in the Healthcare industry (Ayurvedic Products and Services, Edible Oils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Salutaris Technologies Private Limited
Salutaris Technologies Private Limited is audited by D P R & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D P R & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Salutaris Technologies Private Limited
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Charges & Borrowings of Salutaris Technologies Private Limited
Open charges
₹5.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2010 | Canara Bank | ₹5.87 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Salutaris Technologies Private Limited
Salutaris Technologies Private Limited has 17 court cases on record: 2 filed by Salutaris Technologies, 11 filed against it, 4 where it is another party. 6 cases are pending and 11 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Total cases
17
Filed by the company
2
Filed against the company
11
Pending
6
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 6 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Criminal miscellaneous application | Filed against the company by The Canara Bank Limited | Disposed |
| District court, MYSURU, Karnataka | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
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Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Salutaris Technologies Private Limited
Salutaris Technologies Private Limited has a workforce of 19 employees as of Apr 08, 2024.
Employee count
19
Active EPFO establishments
1
Employee growth
-13.64%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Salutaris Technologies Private Limited
Salutaris Technologies Private Limited has 10 board changes on record since 2009: 6 appointments and 4 cessations. The latest: Kanchugaranahally Sreeramamurthy Shreedhar ceased to be Additional Director on 19 Mar 2024.
Ceased
Kanchugaranahally Sreeramamurthy Shreedhar ceased to be Additional Director.
Appointed
Kanchugaranahally Sreeramamurthy Shreedhar was appointed as Additional Director.
Appointed
Akshay Harikrishna Ural was appointed as Additional Director.
Ceased
Murari Narayanan ceased to be Director.
Charges
A charge with Canara Bank of Rs. 5.87 Cr registered on 04 Mar 2010 with Charge ID 10210239 was modified on 09 Nov 2022.
Ceased
Ravi Yajamana Deekshitha ceased to be Director.
AGM
Salutaris Technologies Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Salutaris Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Murari Narayanan was appointed as Director.
Ceased
Ramaswamy Rajaraman ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 5.87 Cr with Charge ID 10210239 was registered on 04 Mar 2010.
Appointed
Prakrithy Narayanan was appointed as Director.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Salutaris Technologies Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Salutaris Technologies Private Limited
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Subsidiaries & Group Companies of Salutaris Technologies Private Limited
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GST Compliance of Salutaris Technologies Private Limited
Salutaris Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCS0537N1ZQ | Karnataka | Active | 01 Jul 2017 |
| 33AANCS0537N1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Salutaris Technologies Private Limited
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Frequently Asked Questions about Salutaris Technologies Private Limited
Salutaris Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 30 March 2009 (17+ years old) and is registered under CIN U24231KA2009PTC049479.
Salutaris Technologies reported revenue of ₹10.01 Cr for FY 2020 (down 20% YoY).
Salutaris Technologies has 2 current directors:
- Prakrithy Narayanan - Director
- Akshay Harikrishna Ural - Additional Director
Salutaris Technologies reported a net profit of ₹8.05 Lakh (net margin 0.8%) and EBITDA of ₹65.52 Lakh (EBITDA margin 6.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Salutaris Technologies is -9% over three years and 10% over five years. In the latest year (FY 2020) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Salutaris Technologies is 29AANCS0537N1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AANCS0537N1Z1 (Tamil Nadu).
The CIN (Corporate Identification Number) of Salutaris Technologies is U24231KA2009PTC049479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salutaris Technologies has 17 court cases on record: 2 filed by the company and 11 filed against it. 6 are pending. Most are in the district courts.
Salutaris Technologies was incorporated on 30 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Salutaris Technologies by revenue are SMS Agro Products Private Limited, Bhanu Oil Industries Private Limited, Chenat Traders Private Limited, Saroj Oils Private Limited, Ayurveda Rasashala Foundation and 5 more, all in the Healthcare industry (Ayurvedic Products and Services, Edible Oils).
Kanchugaranahally Sreeramamurthy Shreedhar ceased to be Additional Director on 19 Mar 2024. Kanchugaranahally Sreeramamurthy Shreedhar was appointed as Additional Director on 07 Dec 2022. Akshay Harikrishna Ural was appointed as Additional Director on 14 Nov 2022. Salutaris Technologies has 10 board changes on record in total.