About Satvayur Extracts Limited
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Satvayur Extracts Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 18 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15495TN1997PLC181817. Its GSTIN is 29AAACI4624D1ZU (Karnataka).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.95 Cr. It was formerly known as Indo-Global Spices Limited. It is led by directors including Koushik Sekhar (Whole-Time Director) and Geeta Prakash.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹80.56 Lakh, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹23.72 Lakh (net margin -29.4%) and EBITDA of ₹7.69 Lakh (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 23% over five years.
As per MCA filings, the company has satisfied charges of ₹11.75 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it; 4 cases are pending. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹13.34 Cr; the latest was in September 2017. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satvayur.com.
Company details
CIN history
Satvayur Extracts has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15495TN1997PLC181817, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15495TN1997PLC181817 | Current |
| U85110KA1997PLC022406 | Previous |
| U15495KA1997PLC022406 | Previous |
Contact details
Satvayur Extracts Limited's registered office is in Chennai, Tamil Nadu. Its website is satvayur.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address25/3, Nathamuni Street, Chennai, Tamil Nadu, India – 600017
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Satvayur Extracts 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
Financials of Satvayur Extracts Limited
FY 2024 filings availableSatvayur Extracts Limited reported revenue of ₹80.56 Lakh (up 76% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 76% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹80.56 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | -29.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Satvayur Extracts Limited, buy the company report.
Board of directors of Satvayur Extracts Limited
Satvayur Extracts has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Prakash Also directs: Vermilion Value Advisors LLP, Satvayur Naturals LLP | Director | 16 Nov 2010 | 15 Years 11 Months | Current |
| Vijaya Sekhar Also directs: Shivasaran Enterprises & Advisory LLP | Director | 23 Jan 2020 | 6 Years 9 Months | Current |
| Koushik Sekhar Also directs: Vermilion Value Advisors LLP, Satvayur Naturals LLP, Shivasaran Enterprises & Advisory LLP and 2 more | Whole-Time Director | 03 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Satvayur Extracts Limited is audited by S. R. BORKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. BORKAR & CO | FY 2023 | 113050W |
Shareholding
The shareholding of Satvayur Extracts 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 Satvayur Extracts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2001 | 90192415 | Canara Bank | ₹7.75 Cr | Satisfied | |
| 17 Mar 1999 | 90192036 | Karnatraka State Industrial Invest. and Devel. Corp. Limited | ₹4 Cr | Satisfied |
To see the full charge records of Satvayur Extracts Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Satvayur Extracts Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹13.34 Cr; the latest was in September 2017.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Funding round | ₹3.5 Cr | Investors: an individual |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Shree Babaji Chemicals Private Limited , 3 individuals Seller: an individual |
| Nov 2010 | Funding round | ₹45 Lakh | Investors: an individual |
To see the full deal history of Satvayur Extracts 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
Satvayur Extracts Limited has 16 court cases on record: 8 filed by Satvayur Extracts, 8 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 7 | 3 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Zakinl Biotech Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S Phytogen Pharma India Pvt Ltd | Pending |
| High Court, KARNATAKA | Arbitration matter | Filed against the company by Zakinl Biotech Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Zakinl Biotech Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Phytogen Pharma(India) Pvt. Ltd., and 2 others | Disposed |
To see the full case history of Satvayur Extracts 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
Satvayur Extracts Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Satvayur Extracts Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Satvayur Extracts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI4624D1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satvayur Extracts Limited, buy the company report.
Recent activity
Satvayur Extracts Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Mahendrasingh Gurdevsingh Garcha ceased to be Company Secretary on 17 Nov 2020.
7 earlier events are in the company report.
Frequently asked questions
Satvayur Extracts is an active public limited company based in Chennai, Tamil Nadu, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 18 June 1997 (29+ years old) and is registered under CIN U15495TN1997PLC181817.
Satvayur Extracts has 3 current directors:
- Koushik Sekhar - Whole-Time Director
- Geeta Prakash - Director
- Vijaya Sekhar - Director
The latest financial statements of Satvayur Extracts 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 2015 are in the company report.
The GSTIN of Satvayur Extracts is 29AAACI4624D1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Satvayur Extracts is U15495TN1997PLC181817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satvayur Extracts has 16 court cases on record: 8 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Satvayur Extracts was incorporated on 18 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chennai.
Satvayur Extracts has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹13.34 Cr; the latest was in September 2017.
Mahendrasingh Gurdevsingh Garcha ceased to be Company Secretary on 17 Nov 2020. Vijaya Sekhar ceased to be Additional Director on 30 Sep 2020. Parthasarathy Venugopal ceased to be Director on 23 Jan 2020. Satvayur Extracts has 10 board changes on record in total.
Satvayur Extracts has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Satvayur Extracts can be reached through the website satvayur.com. Its registered office is in Chennai, Tamil Nadu, India.