Eastern Condiments Profile
Key Indicators
- Authorised Capital ₹ 59.00 Cr
- Paid Up Capital ₹ 9.66 Cr
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 616.37 Cr
- Revenue Growth -4.23%
- Profit Growth -33.94%
- Ebitda -36.13%
- Net Worth 15.44%
- Total Assets 7.55%
About Eastern Condiments
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15499KA1989PTC153490
- Company No.
005449
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Aug 1989
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Eastern Condiments Private Limited offer?
Eastern Condiments Private Limited offers a wide range of products and services, including Pickles, Jams & Ketchups, Pickles, Cooking Spices and Masala, Masala Mix, Whole Spices, Seed Spices, Ready to Eat & Instant Food Mixes, Ready to Eat Food, Masala Powder, Snacks and Namkeen.
Who are the key members and board of directors at Eastern Condiments?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ragee Raju  | Company Secretary | 01-Oct-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Sharma | Director | 31-Mar-2021 | Current |
| Navas Meeran | Whole-Time Director | 01-Oct-2004 | Current |
Claes Wilhelmsson  | Director | 31-Mar-2021 | Current |
| Feroz Meeran | Director | 30-Sep-2005 | Current |
| Ankur Bhaumik | Director | 31-Mar-2021 | Current |
Financial Performance of Eastern Condiments.
Eastern Condiments Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.23% decrease. The company also saw a substantial fall in profitability, with a 33.94% decrease in profit. The company's net worth Soared by an impressive increase of 15.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Eastern Condiments?
In 2021, Eastern Condiments had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nanma Properties LimitedNavas Meeran and Feroz Meeran are mutual person
Eastea Chai Private LimitedNavas Meeran and Feroz Meeran are mutual person
Eastern Treads LimitedNavas Meeran is a mutual person
Rasoi Magic Foods (India) Private LimitedSanjay Sharma and Ankur Bhaumik are mutual person
Orkla India Private LimitedSanjay Sharma and Claes Wilhelmsson are mutual person
Eastern Mattresses Private LimitedNavas Meeran and Feroz Meeran are mutual person
Charges (Loans)
₹0
₹616.37 Cr
Charges Breakdown by Lending Institutions
- Others : 213.98 Cr
- Icici Bank Limited : 101.43 Cr
- Citi Bank N.A. : 73.00 Cr
- Standard Chartered Bank : 68.00 Cr
- The Federal Bank Limited : 48.82 Cr
- Others : 111.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2019 | Others | ₹23.98 Cr | Satisfied |
| 30 Sep 2019 | Others | ₹30.00 Cr | Satisfied |
| 22 Jun 2018 | Standard Chartered Bank | ₹33.00 Cr | Satisfied |
| 31 Aug 2016 | Others | ₹20.00 Cr | Satisfied |
| 02 Jul 2016 | The Hongkong And Shanghai Banking Corporation Limited | ₹20.00 Cr | Satisfied |
How Many Employees Work at Eastern Condiments?
Eastern Condiments has a workforce of 2062 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Eastern Condiments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eastern Condiments's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
