Tangy Turmeric Private Limited

Tangy Turmeric Private Limited - food and beverages in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U15419KA2018PTC110262 Incorporated 19 February 2018 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company food and beverages Startup India
Data last updated
Revenue · FY 2023
₹25.53 Lakh
▼ 88% YoY
Net loss · FY 2023
₹13.65 Lakh
Net margin -53.4%
EBITDA · FY 2023
-₹12.31 Lakh
EBITDA margin -48.2%
Authorised capital
₹13 Lakh
Registered with MCA
Paid-up capital
₹2.31 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
4
GST registered

About Tangy Turmeric Private Limited

Data last updated:

Tangy Turmeric Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 19 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15419KA2018PTC110262. Its GSTIN is 29AAGCT6235R1ZH (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹13 Lakh and a paid-up capital of ₹2.31 Lakh. It is led by directors Pavandeep Singh and Rinka Banerjee.

Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 25 2nd Main Road Defence Colony Indiranagar, Bengaluru, Karnataka, India – 560038.

As per the financials filed for FY 2023, the company reported a revenue of ₹25.53 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹13.65 Lakh (net margin -53.4%) and EBITDA of -₹12.31 Lakh (EBITDA margin -48.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.

The company is associated with 1 brand: Tasty Tales. The company has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹8.42 Cr; the latest was in February 2021. Its 3 peer companies in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 2 smaller; the largest is Paramount Eatables India Private Limited with revenue of ₹25.65 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tasty-tales.com.

Company details

CIN U15419KA2018PTC110262
Registration Number 110262
Incorporation Date 19 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Pavandeep Singh Director Rinka Banerjee Director

Recognitions & Rankings of Tangy Turmeric

Startup India Government of India

Contact details

Tangy Turmeric Private Limited's registered office is in Bengaluru, Karnataka. Its website is tasty-tales.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tasty-tales.com
  • Registered Address
    No. 25 2nd Main Road Defence Colony Indiranagar, Bengaluru, Karnataka, India – 560038
  • Industry
    Food and Beverages, Food & Beverage Retail & Distribution

To see the full contact details of Tangy Turmeric Private Limited, buy the company report.

Comprehensive company report
Tangy Turmeric 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

Tangy Turmeric operates one associated brand: Tasty Tales. Each brand links to its own profile.

BrandDescriptionWebsite
Tasty Tales
Brand of frozen read meat & seafood currytasty-tales.com

Business activity

The main business activity of Tangy Turmeric is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Tangy Turmeric Private Limited, buy the company report.

Financials of Tangy Turmeric Private Limited

FY 2023 filings available

Tangy Turmeric Private Limited reported revenue of ₹25.53 Lakh (down 88% YoY) for FY 2023.

Revenue · FY 2023
₹25.53 Lakh ▼ 88%
Net loss · FY 2023
₹13.65 Lakh margin -53.4%
EBITDA · FY 2023
-₹12.31 Lakh margin -48.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 51%
5 years · compounded
▼ 127%

Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 88% fall in the latest year. EBITDA rose 97% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹12.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.65 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-48.2%
Net Profit Margin-53.4%
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 Tangy Turmeric Private Limited, buy the company report.

Board of directors of Tangy Turmeric Private Limited

Tangy Turmeric has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pavandeep Singh
Also directs: Elite Cars Private Limited, Elite Automobiles Private Limited, Food-For-Thought Hospitality Private Limited
Director19 Feb 20188 Years 8 MonthsCurrent
Rinka Banerjee
Also directs: Northeast Flavors India Private Limited, Violet Health Products India Private Limited, Thinking Forks Consulting Private Limited
Director19 Feb 20188 Years 8 MonthsCurrent
View all directors

Peer comparison

Tangy Turmeric Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Paramount Eatables India Private Limited₹25.65 Lakh (FY 2018)-54.0%Noida, Uttar Pradesh, India
Tangy Turmeric Private Limitedthis company₹25.53 Lakh (FY 2023)-₹13.65 Lakh-53.4%-88.0%Bengaluru, Karnataka, India
Cinagro Foods Private Limited₹25.38 Lakh (FY 2019)7.0%Andhra Pradesh, India
Yogic Foods Private Limited₹24.83 Lakh (FY 2024)-56.0%Delhi, India

To see the full peer comparison of Tangy Turmeric Private Limited, buy the company report.

Shareholding

The shareholding of Tangy Turmeric Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Tangy Turmeric Private Limited, buy the company report.

Deals & funding

Tangy Turmeric Private Limited has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹8.42 Cr; the latest was in February 2021.

Total deals
5
Funding rounds
3
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹8.42 Cr

Deals on record (4 of 5)

WhenDealAmountParties
Feb 2021Funding round₹4.82 CrInvestors: Neo Foods Private Limited , Fireside Ventures, Waao Partners
Mar 2020Funding round₹2 CrInvestors: Anthill Ventures, Fireside Ventures
Jul 2018Funding round₹35 LakhInvestors: Fireside Ventures
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Tangy Turmeric Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tangy Turmeric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Tangy Turmeric has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAGCT6235R1ZHKarnatakaActive25 Apr 2018
06AAGCT6235R1ZPHaryanaActive24 Jun 2021
27AAGCT6235R1ZLMaharashtraActive24 Jun 2021
19AAGCT6235R1ZIWest BengalActive07 Oct 2021

To see the full GST registrations and return filing status of Tangy Turmeric Private Limited, buy the company report.

Recent activity

Tangy Turmeric Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Pavandeep Singh was appointed as Director on 19 Feb 2018.

AGM
Tangy Turmeric Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
Filing
Tangy Turmeric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Pavandeep Singh was appointed as Director.
Appointed
Rinka Banerjee was appointed as Director.
Incorporation
19 Feb 2018
Tangy Turmeric Private Limited was registered on 19 Feb 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.

Frequently asked questions

Tangy Turmeric is an active private limited company based in Bengaluru, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 19 February 2018 (8+ years old) and is registered under CIN U15419KA2018PTC110262.

Tangy Turmeric has 2 current directors:

The latest financial statements of Tangy Turmeric on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Tangy Turmeric is 29AAGCT6235R1ZH, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAGCT6235R1ZP (Haryana), 27AAGCT6235R1ZL (Maharashtra), 19AAGCT6235R1ZI (West Bengal).

The CIN (Corporate Identification Number) of Tangy Turmeric is U15419KA2018PTC110262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tangy Turmeric was incorporated on 19 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Tangy Turmeric has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹8.42 Cr; the latest was in February 2021.

The peers of Tangy Turmeric by revenue are Paramount Eatables India Private Limited, Cinagro Foods Private Limited, Yogic Foods Private Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).

Pavandeep Singh was appointed as Director on 19 Feb 2018. Rinka Banerjee was appointed as Director on 19 Feb 2018.

Yes, Tangy Turmeric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Tangy Turmeric can be reached through the website tasty-tales.com. Its registered office is in Bengaluru, Karnataka, India.