MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0105393
Siddharth Starch Private Limited - agriculture in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹107.06 Cr
▲ 27% YoY
Net profit · FY 2025
₹20.17 Cr
Net margin 18.8%
EBITDA · FY 2025
₹30.55 Cr
EBITDA margin 28.5%
Authorised capital
₹4.9 Cr
Registered with MCA
Paid-up capital
₹4.9 Cr
Issued & subscribed
Satisfied charges
₹10.68 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
88
Provident fund records
About Siddharth Starch Private Limited
Data last updated:
Siddharth Starch Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 08 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15321PN2005PTC020849. Its GSTIN is 27AAJCS2530H1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹4.9 Cr. It is led by directors including Abasaheb Dasharath Dhadas and Anil Mahadev Kanade.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.06 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹20.17 Cr (net margin 18.8%) and EBITDA of ₹30.55 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 22% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Siddharth Starch. As per MCA filings, the company has satisfied charges of ₹10.68 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.89 Cr; the latest was in June 2024. Its 7 peer companies in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 3 smaller; the largest is Chirai Salt (India) Private Limited with revenue of ₹117.33 Cr.
Siddharth Starch Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0105393). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siddharthstarch.com.
Company details
CIN U15321PN2005PTC020849
Registration Number 020849
Incorporation Date 08 June 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0105393
Key People
Abasaheb Dasharath Dhadas Director Anil Mahadev Kanade Director Uttamrao Appaji Madaney Director Recognitions & Rankings of Siddharth Starch
Contact details
Siddharth Starch Private Limited's registered office is in Pune, Maharashtra. Its website is siddharthstarch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1098/8 – B Thorat Chowk, Model Colony Shivajinagar, Pune, Maharashtra, India – 411016
- IndustryAgriculture, Agri Support Services
To see the full contact details of Siddharth Starch Private Limited, buy the company report.
Comprehensive company report
Siddharth Starch 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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Brands
Siddharth Starch operates one associated brand: Siddharth Starch. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato starch products are manufactured and supplied by the company. | siddharthstarch.com |
Business activity
The main business activity of Siddharth Starch 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 Siddharth Starch Private Limited, buy the company report.
Financials of Siddharth Starch Private Limited
FY 2024 filings availableSiddharth Starch Private Limited reported revenue of ₹107.06 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹107.06 Cr ▲ 27%
Net profit · FY 2025
₹20.17 Cr margin 18.8%
EBITDA · FY 2025
₹30.55 Cr margin 28.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 42%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 50%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 27% growth in the latest year. EBITDA rose 22% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹30.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.17 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.5% | ||||
| Net Profit Margin | 18.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Siddharth Starch Private Limited, buy the company report.
Board of directors of Siddharth Starch Private Limited
Siddharth Starch has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abasaheb Dasharath Dhadas Also directs: Pimpali Farmer Producer Company Limited | Director | 08 Jun 2005 | 21 Years 4 Months | Current |
| Anil Mahadev Kanade | Director | 08 Jun 2005 | 21 Years 4 Months | Current |
| Uttamrao Appaji Madaney | Director | 08 Jun 2005 | 21 Years 4 Months | Current |
| Balasaheb Mahadeorao Madane | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Siddharth Starch Private Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), 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 |
|---|---|---|---|---|---|---|
| Chirai Salt (India) Private Limited | ₹117.33 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Newly Weds Foods India Private Limited | ₹114.97 Cr (FY 2024) | 8.0% | Gurgaon, Haryana, India | |||
| Aarkay Food Products Ltd | ₹114.53 Cr (FY 2025) | -17.0% | Ahmedabad, Gujarat, India | |||
| Super Salts Private Limited | ₹114.31 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Siddharth Starch Private Limitedthis company | ₹107.06 Cr (FY 2025) | ₹20.17 Cr | 18.8% | 27.0% | 88 | Pune, Maharashtra, India |
| Murlikrishna Foods Private Limited | ₹105.64 Cr (FY 2025) | 15.0% | Etah, Uttar Pradesh, India | |||
| Puratos Food Ingredients India Private Limited | ₹96.48 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| VKS Foods Private Limited | ₹96.36 Cr (FY 2024) | 10.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Siddharth Starch Private Limited, buy the company report.
Auditor
Siddharth Starch Private Limited is audited by G.R. CHOBE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.R. CHOBE | FY 2023 | 046751 |
Shareholding
The shareholding of Siddharth Starch Private 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 Siddharth Starch Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹10.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2015 | 10615064 | Oriental Bank of Commerce | ₹29 Lakh | Satisfied | |
| 25 Feb 2013 | 10421116 | Oriental Bank of Commerce | ₹1.24 Cr | Satisfied | |
| 03 May 2007 | 10055828 | Syndicate Bank | ₹9.14 Cr | Satisfied |
To see the full charge records of Siddharth Starch Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Siddharth Starch Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.89 Cr; the latest was in June 2024.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹4.89 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Funding round | ₹4.4 Cr | Investors: 4 individuals |
| May 2016 | Funding round | ₹49 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Siddharth Starch Private Limited has 1 court case on record: 1 filed by Siddharth Starch. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Fryo Foods Pvt Ltd Etc 2 and 2 others | Pending |
To see the full case history of Siddharth Starch 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 Siddharth Starch Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddharth Starch Private Limited has a workforce of 88 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
88
Active EPFO establishments
1
Employee growth
-1.12%
GST
Siddharth Starch has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS2530H1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddharth Starch Private Limited, buy the company report.
Recent activity
Siddharth Starch Private Limited has 6 board changes on record since 2005: 5 appointments and 1 cessation. The latest: Balasaheb Mahadeorao Madane was appointed as Director on 13 Sep 2017.
AGM
Siddharth Starch Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Siddharth Starch Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 16 Dec 2015 via Charge ID 10615064 with Oriental Bank Of Commerce was fully satisfied on 02 Jun 2021.
Charges
A charge registered on 25 Feb 2013 via Charge ID 10421116 with Oriental Bank Of Commerce was fully satisfied on 02 Jun 2021.
Appointed
Balasaheb Mahadeorao Madane was appointed as Director.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 0.29 Cr with Charge ID 10615064 was registered on 16 Dec 2015.
Ceased
Chitradevi Rajendra Madaney ceased to be Whole-Time Director.
Charges
A charge with Oriental Bank Of Commerce of Rs. 1.24 Cr registered on 25 Feb 2013 with Charge ID 10421116 was modified on 03 Nov 2015.
Charges
A charge registered on 03 May 2007 via Charge ID 10055828 with Syndicate Bank was fully satisfied on 18 May 2013.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 1.24 Cr with Charge ID 10421116 was registered on 25 Feb 2013.
Charges
A charge with Syndicate Bank of Rs. 9.14 Cr registered on 03 May 2007 with Charge ID 10055828 was modified on 15 Jun 2007.
Charges
A charge with Syndicate Bank amounted to Rs. 9.14 Cr with Charge ID 10055828 was registered on 03 May 2007.
5 earlier events are in the company report.
Frequently asked questions
Siddharth Starch is an active private limited company based in Pune, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 08 June 2005 (21+ years old) and is registered under CIN U15321PN2005PTC020849.
Siddharth Starch has 4 current directors:
- Abasaheb Dasharath Dhadas - Director
- Anil Mahadev Kanade - Director
- Uttamrao Appaji Madaney - Director
- Balasaheb Mahadeorao Madane - Director
The latest financial statements of Siddharth Starch 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 Siddharth Starch is 27AAJCS2530H1ZE, registered in Maharashtra. 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 Siddharth Starch is U15321PN2005PTC020849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddharth Starch has 1 court case on record: 1 filed by the company. 1 is pending.
Siddharth Starch was incorporated on 08 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Siddharth Starch has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.89 Cr; the latest was in June 2024.
The peers of Siddharth Starch by revenue are Chirai Salt (India) Private Limited, Newly Weds Foods India Private Limited, Aarkay Food Products Ltd, Super Salts Private Limited, Murlikrishna Foods Private Limited and 2 more, all in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products).
Balasaheb Mahadeorao Madane was appointed as Director on 13 Sep 2017. Chitradevi Rajendra Madaney ceased to be Whole-Time Director on 05 Nov 2015. Abasaheb Dasharath Dhadas was appointed as Director on 08 Jun 2005. Siddharth Starch has 6 board changes on record in total.
Yes, Siddharth Starch is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0105393).