DPIIT recognised startup Government of India
Startup India
Spices Science Private Limited
Spices Science Private Limited - food and beverages in Amravati, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.03 Cr
▲ 49% YoY
Net profit · FY 2025
₹4.82 Cr
Net margin 32.1%
EBITDA · FY 2025
₹6.61 Cr
EBITDA margin 44%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.69 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Spices Science Private Limited
Data last updated:
Spices Science Private Limited is a private limited company based in Amravati, Maharashtra, India, recognised as a startup by DPIIT. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 20 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20238MH2020PTC336258. Its GSTIN is 27ABDCS2761D1ZH (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arun Digambar Varangaonkar and Tushar Arun Varangaonkar.
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 Plot No. C 43/2 MIDC, Amravati, Maharashtra, India – 444605.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.03 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹4.82 Cr (net margin 32.1%) and EBITDA of ₹6.61 Cr (EBITDA margin 44%).
As per MCA filings, the company has open charges of ₹4.69 Cr on record.
Spices Science Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-03-0000081).
Company details
CIN U20238MH2020PTC336258
Registration Number 336258
Incorporation Date 20 January 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-03-0000081
CIN history
Spices Science has one previous CIN (Corporate Identification Number): U15132MH2020PTC336258. The current CIN is U20238MH2020PTC336258, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20238MH2020PTC336258 | Current |
| U15132MH2020PTC336258 | Previous |
Key People
Arun Digambar Varangaonkar Director Tushar Arun Varangaonkar Director Mukta Tushar Varangaonkar Director Recognitions & Rankings of Spices Science
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-03-0000081
Contact details
Spices Science Private Limited's registered office is in Amravati, Maharashtra.
- Registered AddressPlot No. C 43/2 MIDC, Amravati, Maharashtra, India – 444605
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
Comprehensive company report
Spices Science 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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Business activity
The main business activity of Spices Science 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 Spices Science Private Limited, buy the company report.
Financials of Spices Science Private Limited
FY 2025 filings availableSpices Science Private Limited reported revenue of ₹15.03 Cr (up 49% YoY) for FY 2025.
Revenue · FY 2025
₹15.03 Cr ▲ 49%
Net profit · FY 2025
₹4.82 Cr margin 32.1%
EBITDA · FY 2025
₹6.61 Cr margin 44%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 908%
Revenue rose 49% in the latest year. EBITDA rose 34% 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 | ₹6.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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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 | 44% | ||||
| Net Profit Margin | 32.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Spices Science Private Limited, buy the company report.
Board of directors of Spices Science Private Limited
Spices Science has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Digambar Varangaonkar | Director | 20 Jan 2020 | 6 Years 9 Months | Current |
| Tushar Arun Varangaonkar | Director | 20 Jan 2020 | 6 Years 9 Months | Current |
| Mukta Tushar Varangaonkar | Director | 20 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Spices Science Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Instant Foods, Spices), 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 |
|---|---|---|---|---|---|---|
| Gee Pee Foods Private Limited | ₹15.08 Cr (FY 2020) | -50.0% | Dankuni, West Bengal, India | |||
| Krishaangi Agro Foods Private Limited | ₹15.06 Cr (FY 2024) | -20.0% | Indore, Madhya Pradesh, India | |||
| Spices Science Private Limitedthis company | ₹15.03 Cr (FY 2025) | ₹4.82 Cr | 32.1% | 49.0% | Amravati, Maharashtra, India | |
| S R Confectioners Private Limited | ₹14.98 Cr (FY 2025) | 16.0% | Ambernath, Maharashtra, India | |||
| Balan Agro Products Private Limited | ₹14.73 Cr (FY 2025) | -3.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Spices Science Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.69 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101075429 | Bank of India | ₹9 Lakh | Open | |
| 28 May 2024 | 100930844 | State Bank of India | ₹4.6 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Spices Science Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spices Science Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spices Science has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABDCS2761D1ZH | Maharashtra | Active | 13 Feb 2020 |
To see the full GST registrations and return filing status of Spices Science Private Limited, buy the company report.
Recent activity
Spices Science Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Arun Digambar Varangaonkar was appointed as Director on 20 Jan 2020.
AGM
Spices Science Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spices Science Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Bank Of India amounted to Rs. 9.00 Lakh with Charge ID 101075429 was registered on 24 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 460.00 Lakh with Charge ID 100930844 was registered on 28 May 2024.
Appointed
Arun Digambar Varangaonkar was appointed as Director.
Appointed
Mukta Tushar Varangaonkar was appointed as Director.
Appointed
Tushar Arun Varangaonkar was appointed as Director.
Incorporation
20 Jan 2020
Spices Science Private Limited was registered on 20 Jan 2020 with Roc Mumbai & aged 6 years 9 months as per MCA records.
Frequently asked questions
Spices Science is an active private limited company based in Amravati, Maharashtra, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 20 January 2020 (6+ years old) and is registered under CIN U20238MH2020PTC336258.
Spices Science has 3 current directors:
- Arun Digambar Varangaonkar - Director
- Tushar Arun Varangaonkar - Director
- Mukta Tushar Varangaonkar - Director
The latest financial statements of Spices Science 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 FY 2020 are in the company report.
The GSTIN of Spices Science is 27ABDCS2761D1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spices Science is U20238MH2020PTC336258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spices Science was incorporated on 20 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spices Science by revenue are Gee Pee Foods Private Limited, Krishaangi Agro Foods Private Limited, S R Confectioners Private Limited, Balan Agro Products Private Limited, all in the Food and Beverages industry (Instant Foods, Spices), with the same principal business activity (food, beverages and tobacco products).
Arun Digambar Varangaonkar was appointed as Director on 20 Jan 2020. Mukta Tushar Varangaonkar was appointed as Director on 20 Jan 2020. Tushar Arun Varangaonkar was appointed as Director on 20 Jan 2020.
Yes, Spices Science is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spices Science is registered as a small enterprise under Udyam registration (number: UDYAM-MH-03-0000081).
The registered office of Spices Science is at Plot No. C 432 MIDC, Amravati, Maharashtra, India – 444605.
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