Siddhi Margarine Specialities Limited logo

Siddhi Margarine Specialities Limited

Produces and supplies margarine products and table spread for cooking, baking, and frying.
2003 | Ahmedabad, Gujarat (India) | Active

Last Updated:

October 24, 2024
HomeCompanySiddhi Margarine Specialities Limited

Who are the key members and board of directors at Siddhi Margarine Specialities?

Board Members(3)

NameDesignationAppointment DateStatus
Markand Parikh In Director 24-Dec-2003Current
Jay Parikh In Director 24-Dec-2003Current
Minaxiben Parikh In Director 24-Dec-2003Current

Financial Performance of Siddhi Margarine Specialities.

Siddhi Margarine Specialities Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.1% increase. The company also saw a slight decrease in profitability, with a 7.24% decrease in profit. The company's net worth moved up by a moderate rise of 2.5%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
66.10%
Revenue from Operations
66.12%
Total Assets
15.30%
Profit or Loss
-7.24%
Net Worth
2.50%
EBITDA
41.65%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹6.46 Cr

₹5.68 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 08 Sep 2022
₹0.90 MOpen

Hdfc Bank Limited

Creation Date: 05 Feb 2022
₹1.89 MOpen

Hdfc Bank Limited

Creation Date: 30 Oct 2021
₹6.18 CrOpen

How Many Employees Work at Siddhi Margarine Specialities?

Siddhi Margarine Specialities has a workforce of 103 employees as of Mar 31, 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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Siddhi Margarine Specialities

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.18 Cr registered on 30 Oct 2021 with Charge ID 100500826 was modified on 21 Nov 2023.

    21 Nov 2023

  • Annual General Meeting

    Siddhi Margarine Specialities Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Siddhi Margarine Specialities Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100664444 was registered on 08 Sep 2022.

    08 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100538237 was registered on 05 Feb 2022.

    05 Feb 2022

  • Charges

    A charge registered on 08 Jul 2016 via Charge ID 100046146 with Others was fully satisfied on 28 Dec 2021.

    28 Dec 2021

Frequently asked questions

  • Siddhi Margarine Specialities Limited was incorporated on 24 Dec 2003.

  • The authorized share capital of Siddhi Margarine Specialities Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.32 M.

  • Currently 3 directors are associated with Siddhi Margarine Specialities Limited.

    • Markand Virendrabhai Parikh
    • Jay Parikh
    • Minaxiben Markandbhai Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddhi Margarine Specialities Limited is Survey No. 240 B/H. Bhagyoday Hotel Village Ta. Sanand, Dist. Ahm Edabad India, Changodar, Gujarat, 382210.

  • The corporate identification number (CIN) of Siddhi Margarine Specialities Limited is U15200GJ2003PLC073725 and the company number is 073725 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Siddhi Margarine Specialities Limited is https://www.siddhimargarine.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Siddhi Margarine Specialities Limited has risen by 66.10%.

  • As Per 2023 financial reports, 103 employees are currently employed by Siddhi Margarine Specialities Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Siddhi Margarine Specialities Limited has experienced an upsurge of 2.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Siddhi Margarine Specialities Limited amount to ₹ 6.46 Cr.

  • The most recent Balance Sheet for Siddhi Margarine Specialities Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Dairy Products & Milk Processing