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 15 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
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
Salutaris Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is salutarisfood.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.72 5th Cross H.I.G Colony Dollars Colony Sanjayanagar Rmv 2nd Stage, Bengaluru, Karnataka, India – 560094
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Salutaris Technologies Private Limited, buy the company report.
Comprehensive company report
Salutaris 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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Secure checkout · GST invoice included
Brands
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
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 | 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 Salutaris Technologies Private Limited, buy the company report.
Financials of Salutaris Technologies Private Limited
FY 2020 filings availableSalutaris 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)
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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹65.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.05 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Salutaris Technologies Private Limited, buy the company report.
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
Salutaris Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Ayurvedic Products and Services, Edible Oils), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salutaris Technologies Private Limitedthis company | ₹10.01 Cr (FY 2020) | ₹8.05 Lakh | 0.8% | -20.0% | 19 | Bengaluru, Karnataka, India |
| Amsar Private Limited | ₹10.01 Cr (FY 2023) | -14.0% | Mumbai, Maharashtra, 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 |
To see the full peer comparison of Salutaris Technologies Private Limited, buy the company report.
Auditor
Salutaris Technologies Private Limited is audited by D P R & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D P R & CO | FY 2019 | 011742S |
Shareholding
The shareholding of Salutaris Technologies Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Salutaris Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2010 | 10210239 | Canara Bank | ₹5.87 Cr | Open |
To see the full charge records of Salutaris Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Salutaris Technologies Private Limited has 17 court cases on record: 2 filed by Salutaris Technologies, 15 filed against it. 6 cases are pending and 11 are disposed.
Total cases
17
Filed by the company
2
Filed against the company
15
Pending
6
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 6 |
| High courts | 4 | 4 | 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 Canara Bank | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | 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, MYSURU, Karnataka | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Salutaris Technologies 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
No delayed payments to MSME suppliers are on our record for Salutaris Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Salutaris Technologies Private Limited has a workforce of 19 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-13.64%
GST
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 |
To see the full GST registrations and return filing status of Salutaris Technologies Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Prakrithy Narayanan - Director
- Akshay Harikrishna Ural - Additional Director
The latest financial statements of Salutaris Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
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 15 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 Amsar Private Limited, Eclat Pharma and Aerosols Pvt Ltd, Aashirwad Ayurveda Pharmacy India Private Limited, all in the Healthcare industry (Ayurvedic Products and Services, Edible Oils), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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.
Yes, Salutaris Technologies is registered as an MSME under Udyam registration (number: UDYAM-KR-22-0004357).
Salutaris Technologies can be reached through the website salutarisfood.com. Its registered office is in Bengaluru, Karnataka, India.