Victory Economics Limited
About Victory Economics Limited
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Victory Economics Limited is a public limited company based in Rasipuram, Tamil Nadu, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 26 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51229TZ2018PLC030068. Its GSTIN is 33AAGCV3031K1ZG (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Subramanim Mallasamutram Kishore (Whole-Time Director) and Renuka.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No.3/261 Kalyaniyar Thottam, Goundampalayam Rasipuram, Tamil Nadu, India – 637401.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.06 Cr (net margin 12.3%) and EBITDA of ₹7.79 Cr (EBITDA margin 46.4%). Revenue has grown at a compounded annual rate (CAGR) of 751% over three years and 315% over five years.
Company details
Contact details
Victory Economics Limited's registered office is in Rasipuram, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.3/261 Kalyaniyar Thottam, Goundampalayam Rasipuram, Tamil Nadu, India – 637401
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Victory Economics 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 Victory Economics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Victory Economics Limited, buy the company report.
Financials of Victory Economics Limited
FY 2024 filings availableVictory Economics Limited reported revenue of ₹16.79 Cr (up 51965% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 315% over five years. 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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| EBITDA | ₹7.79 Cr | ||||
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| Net Profit (PAT) | ₹2.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 46.4% | ||||
| Net Profit Margin | 12.3% | ||||
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To see the full financial statements and ratios of Victory Economics Limited, buy the company report.
Board of directors of Victory Economics Limited
Victory Economics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka | Director | 26 Feb 2018 | 8 Years 8 Months | Current |
| Subramanim Mallasamutram Kishore Also directs: Blackford Estates LLP | Whole-Time Director | 25 Oct 2023 | 3 Years 0 Months | Current |
| Selvaraju Suganya Devi | Director | 26 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Victory Economics Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SNBL Private Limited | ₹16.87 Cr (FY 2025) | -32.0% | Jorhat, Assam, India | |||
| Food Edge Gourmet Solutions Private Limited | ₹16.8 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Victory Economics Limitedthis company | ₹16.79 Cr (FY 2024) | ₹2.06 Cr | 12.3% | 51965.0% | Rasipuram, Tamil Nadu, India | |
| Trisul Agro Products Private Limited | ₹16.79 Cr (FY 2024) | -49.0% | Chennai, Tamil Nadu, India | |||
| Agzone Agro Private Limited | ₹16.77 Cr (FY 2024) | 257.0% | Thane, Maharashtra, India | |||
| Jaandar Agro Limited | ₹16.69 Cr (FY 2025) | -37.0% | Tikamgarh, Madhya Pradesh, India |
To see the full peer comparison of Victory Economics Limited, buy the company report.
Auditor
Victory Economics Limited is audited by M.B.VIVEK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.B.VIVEK | FY 2023 | 242454 |
Shareholding
The shareholding of Victory Economics 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Victory Economics Limited, buy the company report.
Legal cases
No court or tribunal cases involving Victory Economics 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 Victory Economics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Victory Economics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCV3031K1ZG | Tamil Nadu | Active | 05 Mar 2024 |
To see the full GST registrations and return filing status of Victory Economics Limited, buy the company report.
Recent activity
Victory Economics Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Subramanim Mallasamutram Kishore ceased to be Director on 30 Oct 2023.
Frequently asked questions
Victory Economics is an active public limited company based in Rasipuram, Tamil Nadu, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 26 February 2018 (8+ years old) and is registered under CIN U51229TZ2018PLC030068.
Victory Economics has 3 current directors:
- Subramanim Mallasamutram Kishore - Whole-Time Director
- Renuka - Director
- Selvaraju Suganya Devi - Director
The latest financial statements of Victory Economics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Victory Economics is 33AAGCV3031K1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Victory Economics is U51229TZ2018PLC030068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Economics was incorporated on 26 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Victory Economics by revenue are SNBL Private Limited, Food Edge Gourmet Solutions Private Limited, Trisul Agro Products Private Limited, Agzone Agro Private Limited, Jaandar Agro Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Subramanim Mallasamutram Kishore ceased to be Director on 30 Oct 2023. Devaraj Dhayabaran ceased to be Additional Director on 25 Oct 2023. Raj Vergin Nirmala ceased to be Director on 25 Oct 2023. Victory Economics has 7 board changes on record in total.
The registered office of Victory Economics is at Door No.3261 Kalyaniyar Thottam, Goundampalayam Rasipuram, Tamil Nadu, India – 637401.
Victory Economics operates in the food and beverages industry, in the food and beverage retail and distribution segment.
Victory Economics can be reached at its registered office: Door No.3261 Kalyaniyar Thottam, Goundampalayam Rasipuram, Tamil Nadu, India – 637401.
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