MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-26-0007248
Velan Salt Private Limited
Velan Salt Private Limited - food and beverages in Tuticorin, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.67 Cr
▲ 6% YoY
Net profit · FY 2024
₹3.51 Cr
Net margin 6.9%
EBITDA · FY 2024
₹5.97 Cr
EBITDA margin 11.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹20.12 Cr
Satisfied ₹4.25 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
9
Provident fund records
About Velan Salt Private Limited
Data last updated:
Velan Salt Private Limited is a private limited company based in Tuticorin, Tamil Nadu, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 07 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24119TN2020PTC133657. Its GSTIN is 33AAHCV2537K1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Soundararaj Thanesh and Maharajan.
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 1/1 Avoodaiyarpuram Tuticorin, Tamil Nadu, India – 628002.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.67 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Cr (net margin 6.9%) and EBITDA of ₹5.97 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.12 Cr and satisfied charges of ₹4.25 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Velan Salt Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-26-0007248).
Company details
CIN U24119TN2020PTC133657
Registration Number 133657
Incorporation Date 07 January 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-TN-26-0007248
Recognitions & Rankings of Velan Salt
Contact details
Velan Salt Private Limited's registered office is in Tuticorin, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1/1 Avoodaiyarpuram Tuticorin, Tamil Nadu, India – 628002
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Velan Salt Private Limited, buy the company report.
Comprehensive company report
Velan Salt 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 Velan Salt 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 Velan Salt Private Limited, buy the company report.
Financials of Velan Salt Private Limited
FY 2025 filings availableVelan Salt Private Limited reported revenue of ₹50.67 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹50.67 Cr ▲ 6%
Net profit · FY 2024
₹3.51 Cr margin 6.9%
EBITDA · FY 2024
₹5.97 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 6% growth in the latest year. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.51 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 6.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Velan Salt Private Limited, buy the company report.
Board of directors of Velan Salt Private Limited
Velan Salt has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soundararaj Thanesh | Director | 07 Jan 2020 | 6 Years 10 Months | Current |
| Maharajan Also directs: Shunmuga Salt Private Limited, Velavan Stores Jewellers Private Limited, Velavan Stores Silks Private Limited and 5 more | Director | 07 Jan 2020 | 6 Years 10 Months | Current |
| Soundaraj Varathan Also directs: Shunmuga Salt Private Limited | Director | 07 Jan 2020 | 6 Years 10 Months | Current |
Peer comparison
Velan Salt Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), 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 |
|---|---|---|---|---|---|---|
| Saboo Sodium Chloro Limited | ₹55.19 Cr (FY 2025) | 3.0% | Jaipur, Rajasthan, India | |||
| Hindustan Salts Limited | ₹54.44 Cr (FY 2025) | -41.0% | Jaipur, Rajasthan, India | |||
| Premia Food Additives (I) Private Limited | ₹52.93 Cr (FY 2024) | 6.0% | Raigad, Maharashtra, India | |||
| Velan Salt Private Limitedthis company | ₹50.67 Cr (FY 2024) | ₹3.51 Cr | 6.9% | 6.0% | 9 | Tuticorin, Tamil Nadu, India |
| Garon Dehydrates Private Limited | ₹49.66 Cr (FY 2024) | 23.0% | Indore, Madhya Pradesh, India | |||
| Navami Industries Private Limited | ₹48.79 Cr (FY 2025) | 7.0% | Valsad, Gujarat, India | |||
| Amarnath Foods Private Limited | ₹47.28 Cr (FY 2025) | 1.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Velan Salt Private Limited, buy the company report.
Auditor
Velan Salt Private Limited is audited by J. THOMAS FERNANDO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. THOMAS FERNANDO & CO | FY 2023 | 004402S |
Shareholding
The shareholding of Velan Salt Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Velan Salt Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.12 Cr
Satisfied charges
₹4.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2024 | 101033154 | Axis Bank Limited | ₹10 Cr | Open | |
| 12 May 2022 | 100573874 | Tamilnad Mercantile Bank Limited | ₹10 Cr | Open | |
| 06 Sep 2021 | 100495557 | Hdfc Bank Limited | ₹11.6 Lakh | Open | |
| 19 Jan 2022 | 100534596 | State Bank of India | ₹4.25 Cr | Satisfied |
To see the full charge records of Velan Salt Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Velan Salt Private Limited has 2 court cases on record: 1 filed by Velan Salt, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MANDYA, Karnataka | Court case (Com.O.S.) | Filed against the company by M K Agrotech Pvt. Ltd., Srirangapatna | Pending |
| District court, Thoothukudi, Tamil Nadu | Civil suit | Filed by the company against Annai Dhall Mills Pvt. Ltd Through Its Managing Director Sudalaimada Nadar Sundaralingam Ravindran and 3 others | Disposed |
To see the full case history of Velan Salt Private Limited, 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 Velan Salt Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velan Salt Private Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Velan Salt Private Limited, buy the company report.
GST
Velan Salt has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCV2537K1Z6 | Tamil Nadu | Active | 05 Feb 2020 |
To see the full GST registrations and return filing status of Velan Salt Private Limited, buy the company report.
Recent activity
Velan Salt Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Maharajan was appointed as Director on 07 Jan 2020.
AGM
Velan Salt Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Velan Salt Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 101033154 was registered on 27 Nov 2024.
Charges
A charge registered on 19 Jan 2022 via Charge ID 100534596 with State Bank Of India was fully satisfied on 20 Apr 2024.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 1,000.00 Lakh registered on 12 May 2022 with Charge ID 100573874 was modified on 23 Nov 2022.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100573874 was registered on 12 May 2022.
Charges
A charge with State Bank Of India amounted to Rs. 425.00 Lakh with Charge ID 100534596 was registered on 19 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.60 Lakh with Charge ID 100495557 was registered on 06 Sep 2021.
Appointed
Maharajan was appointed as Director.
Appointed
Soundaraj Varathan was appointed as Director.
Appointed
Soundararaj Thanesh was appointed as Director.
Incorporation
07 Jan 2020
Velan Salt Private Limited was registered on 07 Jan 2020 with Roc Chennai & aged 6 years 10 months as per MCA records.
Frequently asked questions
Velan Salt is an active private limited company based in Tuticorin, Tamil Nadu, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 07 January 2020 (6+ years old) and is registered under CIN U24119TN2020PTC133657.
Velan Salt has 3 current directors:
- Soundararaj Thanesh - Director
- Maharajan - Director
- Soundaraj Varathan - Director
The latest financial statements of Velan Salt 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 Velan Salt is 33AAHCV2537K1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Velan Salt is U24119TN2020PTC133657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velan Salt has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Velan Salt was incorporated on 07 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Velan Salt by revenue are Saboo Sodium Chloro Limited, Hindustan Salts Limited, Premia Food Additives (I) Private Limited, Garon Dehydrates Private Limited, Navami Industries Private Limited and 1 more, all in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products).
Maharajan was appointed as Director on 07 Jan 2020. Soundaraj Varathan was appointed as Director on 07 Jan 2020. Soundararaj Thanesh was appointed as Director on 07 Jan 2020.
Yes, Velan Salt is registered as a small enterprise under Udyam registration (number: UDYAM-TN-26-0007248).
The registered office of Velan Salt is at 11 Avoodaiyarpuram Tuticorin, Tamil Nadu, India – 628002.
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