- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0017112

About Santosh Limited
Data last updated:
Santosh Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial enzymes and biochemicals segment of the chemicals and materials sector. It was incorporated on 20 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ1990PLC014671. Its GSTIN is 33AACCS8732N1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.36 Cr. It was formerly known as Santosh Maize and Industries Limited. It is led by directors including Mahaveer Sohanlal Chowdhary (Managing Director) and Shrikant Mahaveer Chowdhary (Whole-Time Director).
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 Santosh House Sur 2212 Plot No 148 Nr Meghalaya Appt, Navrang Six Road Navrangpura Ahmedabad Gujarat – 380013, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.69 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹2.46 Cr (net margin -5.8%) and EBITDA of ₹2.64 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 13% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Santosh Group. As per MCA filings, the company has open charges of ₹64.22 Cr and satisfied charges of ₹1.65 Cr on record. Court records list 12 cases involving the company, including 11 filed by the company and 1 filed against it; 2 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2023. Its 5 peer companies in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Jorss Foods Private Limited with revenue of ₹45.74 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 96 overdue payments to 32 micro and small suppliers.
Santosh Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0017112). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website santoshlimited.com.
Company details
CIN history
Santosh has one previous CIN (Corporate Identification Number): U74999GJ1990PTC014671. The current CIN is U74999GJ1990PLC014671, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ1990PLC014671 | Current |
| U74999GJ1990PTC014671 | Previous |
Recognitions & Rankings of Santosh
Contact details
Santosh Limited's registered office is in Ahmedabad, Gujarat. Its website is santoshlimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSantosh House Sur 2212 Plot No 148 Nr Meghalaya Appt, Navrang Six Road Navrangpura Ahmedabad Gujarat – 380013, Gujarat, India – 380013
- IndustryChemicals and Materials, Industrial Enzymes & Biochemicals
To see the full contact details of Santosh 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
Santosh operates one associated brand: Santosh Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Research and development in textile fabrics manufacturing is conducted. | santoshgroup.in |
Business activity
The main business activity of Santosh 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 |
To see the full business activity and turnover split of Santosh Limited, buy the company report.
Financials of Santosh Limited
FY 2025 filings availableSantosh Limited reported revenue of ₹42.69 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.46 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | -5.8% | ||||
| 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 Santosh Limited, buy the company report.
Board of directors of Santosh Limited
Santosh has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahaveer Sohanlal Chowdhary Also directs: Acquire Realty LLP, Suvidhi Buildspace LLP, Hindustan Biopolymers Private Limited and 2 more | Managing Director | 20 Nov 1990 | 35 Years 11 Months | Current |
| Sumanth Mahaveer Chowdhary Also directs: Acquire Realty LLP, Suvidhi Buildspace LLP, Hindustan Biopolymers Private Limited and 3 more | Director | 01 May 2011 | 15 Years 5 Months | Current |
| Shrikant Mahaveer Chowdhary Also directs: Acquire Realty LLP, Suvidhi Buildspace LLP, Hindustan Biopolymers Private Limited and 2 more | Whole-Time Director | 30 Mar 2011 | 15 Years 6 Months | Current |
Peer comparison
Santosh Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jorss Foods Private Limited | ₹45.74 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| Nutrivita Foods Private Limited | ₹44.75 Cr (FY 2025) | -56.0% | Mumbai, Maharashtra, India | |||
| Santosh Limitedthis company | ₹42.69 Cr (FY 2025) | -₹2.46 Cr | -5.8% | 18.0% | Ahmedabad, Gujarat, India | |
| Kewatia Foods Private Limited | ₹42.22 Cr (FY 2025) | 12.0% | Bidasar, Rajasthan, India | |||
| Shivangan Food & Pharma Products Private Limited | ₹41.05 Cr (FY 2024) | -2.0% | Mumbai, Maharashtra, India | |||
| Himalaya Food International Limited | ₹40.74 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India |
To see the full peer comparison of Santosh Limited, buy the company report.
Auditor
Santosh Limited is audited by KPSJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSJ & ASSOCIATES LLP | FY 2023 | 124845W/W100209 |
Shareholding
The shareholding of Santosh Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Santosh Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2020 | 100382884 | Others | ₹5.5 Cr | Open | |
| 08 May 2012 | 10358361 | Karur Vysya Bank Limited | ₹5 Cr | Open | |
| 11 Jun 1993 | 80014686 | Others | ₹52.82 Cr | Open | |
| 11 Jun 1993 | 90109019 | The Karur Vysya Bank Ltd. | ₹90 Lakh | Open | |
| 29 Dec 2012 | 10399215 | Icici Bank Limited | ₹5 Lakh | Satisfied |
To see the full charge records of Santosh Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Santosh Limited has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹5.01 Cr | Investors: 4 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: Mahaveer Chowdhary HUF, 3 individuals Seller: Sanstar Biopolymers Limited , 3 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sohanlal Chowdhary HUF, Mahaveer Chowdhary HUF, 2 individuals |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Mahaveer Chowdhary HUF, an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Sohanlal Chowdhary HUF, 3 individuals Seller: 4 individuals |
To see the full deal history of Santosh Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Santosh Limited has 12 court cases on record: 11 filed by Santosh, 1 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 1 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Sayaji Industries Limited Represented by Its Auth. Representative, Maulik Bhavsar and Others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The District Collector and 3 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The District Collector and 3 others | Disposed |
| High Court, TAMIL NADU | Court case (SUB APPL) | Filed by the company against individuals | Disposed |
To see the full case history of Santosh 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.
Credit ratings & regulatory alerts
Santosh Limited was last rated by Crisil on 24 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Dec 2019 |
To see the full credit ratings and regulatory alerts of Santosh Limited, buy the company report.
MSME payment delays
Santosh Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 96 overdue payments to 32 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M/S A S Faizulla Bhoy and Co | |||
| M/S Manasarovar | |||
| Ohm Muruga Indane LPG Agency | |||
| M/S A Bhagat and Co | |||
| an individual supplier |
To see the full MSME payment records of Santosh Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Santosh has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCS8732N1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Santosh Limited, buy the company report.
Recent activity
Santosh Limited has 8 board changes on record since 1990: 3 appointments and 5 cessations. The latest: Sumanth Mahaveer Chowdhary ceased to be Whole-Time Director on 01 Apr 2015.
15 earlier events are in the company report.
Frequently asked questions
Santosh is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial enzymes and biochemicals, within the chemicals and materials industry. It was incorporated on 20 November 1990 (36+ years old) and is registered under CIN U74999GJ1990PLC014671.
Santosh has 3 current directors:
- Mahaveer Sohanlal Chowdhary - Managing Director
- Shrikant Mahaveer Chowdhary - Whole-Time Director
- Sumanth Mahaveer Chowdhary - Director
The latest financial statements of Santosh 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 2015 are in the company report.
The GSTIN of Santosh is 33AACCS8732N1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Santosh is U74999GJ1990PLC014671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Santosh has 12 court cases on record: 11 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Santosh was incorporated on 20 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Santosh has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2023.
The peers of Santosh by revenue are Jorss Foods Private Limited, Nutrivita Foods Private Limited, Kewatia Foods Private Limited, Shivangan Food & Pharma Products Private Limited, Himalaya Food International Limited, all in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (food, beverages and tobacco products).
Sumanth Mahaveer Chowdhary ceased to be Whole-Time Director on 01 Apr 2015. Sohanlal Lalchand Chowdhary ceased to be Whole-Time Director on 07 Feb 2014. Mahaveer Sohanlal Chowdhary ceased to be Whole-Time Director on 01 Jun 2011. Santosh has 8 board changes on record in total.
Yes, Santosh is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0017112).
Santosh has 7 MSME Form 1 returns on record between 2020 and 2023, listing 96 overdue payments to 32 micro and small suppliers. The latest return was filed on 03 Nov 2023.