Spices Science Private Limited
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.
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- Registered AddressPlot No. C 43/2 MIDC, Amravati, Maharashtra, India – 444605
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
- 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
- One PDF report, delivered after checkout
Business Activity of Spices Science Private Limited
The main business activity of Spices Science is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spices Science Private Limited FY 2025 filings available
Spices Science Private Limited reported revenue of ₹15.03 Cr (up 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spices Science Private Limited
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 of Spices Science Private Limited
| 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 | ₹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 | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Spices Science Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spices Science are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Spices Science Private Limited
Spices Science Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Instant Foods, Spices). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Rituji Snacks Private Limited | ₹15.07 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Hathras, Uttar Pradesh, India |
| Krishaangi Agro Foods Private Limited | ₹15.06 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Indore, Madhya Pradesh, India |
| Melar Agro Food Private Limited | ₹15.04 Cr (FY 2016) | •••• | •••• | 24.0% | •••• | Delhi, India |
| Pou Chong Food Products Private Limited | ₹15.04 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Spices Science Private Limited this company | ₹15.03 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Amravati, Maharashtra, India |
| S R Confectioners Private Limited | ₹14.98 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Ambernath, Maharashtra, India |
| Ajanta Orgochem Private Limited | ₹14.94 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
| Magic Bites Private Limited | ₹14.87 Cr (FY 2025) | •••• | •••• | 620.0% | •••• | Bandathlmmapur Village, Telangana, India |
| Asuku India Private Limited | ₹14.79 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Balan Agro Products Private Limited | ₹14.73 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Spices Science by revenue in the Food and Beverages industry (Instant Foods, Spices), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Spices Science Private Limited
Spices Science has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Digambar Varangaonkar | Director | 20 Jan 2020 | 6 Years 8 Months | Current |
| Tushar Arun Varangaonkar | Director | 20 Jan 2020 | 6 Years 8 Months | Current |
| Mukta Tushar Varangaonkar | Director | 20 Jan 2020 | 6 Years 8 Months | Current |
Charges & Borrowings of Spices Science Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2025 | Bank of India | ₹9 Lakh | Open |
| 28 May 2024 | State Bank of India | ₹4.6 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Spices Science Private Limited
Employment history and EPFO contributions of people linked to Spices Science.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Spices Science Private Limited
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 |
Recent Activity on Spices Science Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Spices Science Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spices Science Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spices Science Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spices Science Private Limited
Spices Science has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABDCS2761D1ZH | Maharashtra | Active | 13 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spices Science Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spices Science Private Limited
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 reported revenue of ₹15.03 Cr for FY 2025 (up 49% YoY).
Spices Science has 3 current directors:
- Arun Digambar Varangaonkar - Director
- Tushar Arun Varangaonkar - Director
- Mukta Tushar Varangaonkar - Director
Spices Science reported a net profit of ₹4.82 Cr (net margin 32.1%) and EBITDA of ₹6.61 Cr (EBITDA margin 44%) for FY 2025, as per its filed financial statements.
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, Rituji Snacks Private Limited, Krishaangi Agro Foods Private Limited, Melar Agro Food Private Limited, Pou Chong Food Products Private Limited and 5 more, all in the Food and Beverages industry (Instant Foods, Spices).
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).
The registered office of Spices Science is at Plot No. C 432 MIDC, Amravati, Maharashtra, India – 444605.