About Standard Salt Works Ltd
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Standard Salt Works Ltd is a public limited company based in Surat, Gujarat, India, a subsidiary of Standard Industries Limited. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 23 February 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1979PLC003315. Its GSTIN is 24AACCS6735P1ZV (Gujarat).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.84 Cr. It was formerly known as Rasapra Investments Private Limited and Rasapra Investments Limited. It is led by directors including Khurshed Meherwanji Thanawalla and Pradeep Rasesh Mafatlal.
Its last annual general meeting (AGM) was held on 17 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 912 Alishan Awaasdiwali Baugh Athwa Lines Nanpura, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2026, the company reported a revenue of ₹3.49 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr (net margin -54.7%) and EBITDA of -₹1.63 Cr (EBITDA margin -46.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5 Lakh on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website standardindustries.co.
Company details
Name history
Standard Salt Works has undergone 2 name changes throughout its history. The company was previously known as Rasapra Investments Private Limited, and Rasapra Investments Limited. The current legal name is Standard Salt Works Ltd.
| Company Name | Status |
|---|---|
| Standard Salt Works Ltd | Current |
| Rasapra Investments Private Limited | Previous |
| Rasapra Investments Limited | Previous |
Contact details
Standard Salt Works Ltd's registered office is in Surat, Gujarat. Its website is standardindustries.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address912 Alishan Awaasdiwali Baugh Athwa Lines Nanpura, Surat, Gujarat, India – 395001
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Standard Salt Works Ltd, 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 Standard Salt Works is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Standard Salt Works Ltd, buy the company report.
Financials of Standard Salt Works Ltd
FY 2026 filings availableStandard Salt Works Ltd reported revenue of ₹3.49 Cr (down 38% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 38% fall in the latest year. EBITDA fell 396% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.91 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -46.7% | ||||
| Net Profit Margin | -54.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Standard Salt Works Ltd, buy the company report.
Board of directors of Standard Salt Works Ltd
Standard Salt Works has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khurshed Meherwanji Thanawalla Also directs: Standard Industries Limited, Sanathan Textiles Limited, Sanathan Polycot Private Limited and 5 more | Director | 27 May 2022 | 4 Years 5 Months | Current |
| Pradeep Rasesh Mafatlal Also directs: Standard Industries Limited, Stanrose Mafatlal Investments and Finance Limited, Shanudeep Private Limited and 5 more | Director | 27 May 2022 | 4 Years 5 Months | Current |
| Vinod Nandulal Patel | Director | 27 May 2022 | 4 Years 5 Months | Current |
| Ashish Rameshchandra Kansara Also directs: Mafatlal Enterprises Limited, Vinadeep Investments Private Limited, Stanrose Fund Management Services Private Limited and 1 more | Director | 27 May 2022 | 4 Years 5 Months | Current |
| Rajanya Pradeep Mafatlal | Director | 10 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Standard Salt Works Ltd is audited by R. S. Gokani & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S. Gokani & Co | FY 2026 | 140229W |
Shareholding
The shareholding of Standard Salt Works Ltd is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Standard Salt Works Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 1994 | 90109164 | Bank of Baroda | ₹5 Lakh | Satisfied |
To see the full charge records of Standard Salt Works Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Standard Salt Works Ltd has 14 court cases on record: 5 filed by Standard Salt Works, 9 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 0 |
| High courts | 5 | 0 | 4 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 4 others | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| High Court of Gujarat | Court case (MCA) | Filed by the company against State of Gujarat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Standard Salt Works Ltd, 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 Standard Salt Works Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Standard Salt Works Ltd has a workforce of 10 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Standard Salt Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6735P1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Standard Salt Works Ltd, buy the company report.
Recent activity
Standard Salt Works Ltd has 18 board changes on record since 2007: 5 appointments and 13 cessations. The latest: Rajanya Pradeep Mafatlal ceased to be Additional Director on 30 Jul 2023.
11 earlier events are in the company report.
News
Frequently asked questions
Standard Salt Works is an active public limited company based in Surat, Gujarat, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 23 February 1979 (47+ years old) and is registered under CIN U24110GJ1979PLC003315.
Standard Salt Works has 5 current directors:
- Khurshed Meherwanji Thanawalla - Director
- Pradeep Rasesh Mafatlal - Director
- Vinod Nandulal Patel - Director
- Ashish Rameshchandra Kansara - Director
- Rajanya Pradeep Mafatlal - Director
The latest financial statements of Standard Salt Works on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Standard Salt Works is 24AACCS6735P1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Standard Salt Works is U24110GJ1979PLC003315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Standard Salt Works has 14 court cases on record: 5 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.
Standard Salt Works was incorporated on 23 February 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajanya Pradeep Mafatlal ceased to be Additional Director on 30 Jul 2023. Rajanya Pradeep Mafatlal was appointed as Director on 10 Feb 2023. Ashish Rameshchandra Kansara ceased to be Additional Director on 12 Aug 2022. Standard Salt Works has 18 board changes on record in total.
Standard Salt Works can be reached through the website standardindustries.co. Its registered office is in Surat, Gujarat, India.
The registered office of Standard Salt Works is at 912 Alishan Awaasdiwali Baugh Athwa Lines Nanpura, Surat, Gujarat, India – 395001.
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