
About Spiritual Essentials Private Limited
Data last updated:
Spiritual Essentials Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 12 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC280997. Its GSTIN is 27AAXCS0434J1ZW (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Hemant Devidas Sheth and Falguni Sheth Hemant.
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 D – 312 Neelkanth Business Park Vidyavihar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2024, the company reported a revenue of ₹94.2 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Lakh (net margin 2.7%) and EBITDA of ₹10.46 Lakh (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatvayog.com.
Company details
Contact details
Spiritual Essentials Private Limited's registered office is in Mumbai, Maharashtra. Its website is tatvayog.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 312 Neelkanth Business Park Vidyavihar West, Mumbai, Maharashtra, India – 400086
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Spiritual Essentials Private 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
Business activity
The main business activity of Spiritual Essentials is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Spiritual Essentials Private Limited, buy the company report.
Financials of Spiritual Essentials Private Limited
FY 2024 filings availableSpiritual Essentials Private Limited reported revenue of ₹94.2 Lakh (up 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA rose 42% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹10.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.5 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Spiritual Essentials Private Limited, buy the company report.
Board of directors of Spiritual Essentials Private Limited
Spiritual Essentials has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Devidas Sheth Also directs: KH Social Media LLP, Divine Paper Products Private Limited, Illuminations Venture Private Limited and 1 more | Director | 12 May 2016 | 10 Years 5 Months | Current |
| Falguni Sheth Hemant Also directs: Divine Paper Products Private Limited | Director | 12 May 2016 | 10 Years 5 Months | Current |
Auditor
Spiritual Essentials Private Limited is audited by R.SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.SHAH & ASSOCIATES | FY 2023 | 112459W |
Shareholding
The shareholding of Spiritual Essentials 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 Spiritual Essentials Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spiritual Essentials 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 Spiritual Essentials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spiritual Essentials has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS0434J1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spiritual Essentials Private Limited, buy the company report.
Recent activity
Spiritual Essentials Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Dimple Kaushal Sampat ceased to be Director on 06 Jul 2021.
Frequently asked questions
Spiritual Essentials is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 12 May 2016 (10+ years old) and is registered under CIN U74999MH2016PTC280997.
Spiritual Essentials has 2 current directors:
- Hemant Devidas Sheth - Director
- Falguni Sheth Hemant - Director
The latest financial statements of Spiritual Essentials 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 FY 2017 are in the company report.
The GSTIN of Spiritual Essentials is 27AAXCS0434J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spiritual Essentials is U74999MH2016PTC280997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spiritual Essentials was incorporated on 12 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dimple Kaushal Sampat ceased to be Director on 06 Jul 2021. Neeta Rajeevkumar Singhal ceased to be Director on 10 Jul 2018. Falguni Sheth Hemant was appointed as Director on 12 May 2016. Spiritual Essentials has 4 board changes on record in total.
Spiritual Essentials can be reached through the website tatvayog.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Spiritual Essentials is at D – 312 Neelkanth Business Park Vidyavihar West, Mumbai, Maharashtra, India – 400086.
Spiritual Essentials operates in the e-commerce industry, in the general e-commerce platforms segment.