A) About the Company (i) The Empire Spices and foods started its journey from a small shop in the holy city of Nashik in Maharashtra. The sheer quality and the taste of the exotic spice blends developed soon became a favorite with the masses and necessitated the formation of a dedicated manufacturing unit to fulfill market demand. Today, It became the stepping stone of the renowned brand of spices – “Rambandhu Masale”. Founded in 1994, Empire Spices & Foods Ltd manufactures spices. The Company offers basic spices, blend spices, specialty products, pickles, papads, asafoetida, and premium blend spices. Empire Spices & Foods offers services throughout India. Empire Spices & Foods exports its products. (ii) The company operates from Nashik in Maharashtra. (iii) The total paid-up capital is INR 4.84 cr. As per MCA, the last reported AGM (Annual General Meeting) of the company was held on 19 September 2019. (iv) All Products Are Manufactured & Marketed By – Empire Spices & Foods Ltd. B) Products of the Company C) Below is the Corporate Video to understand more about the company. Empire Spices and Foods Limited Unlisted Shares Details:

Total Available Shares: 100 Face Value: ₹ 10 Per Equity Share Lot Size: 50 Shares Current Unlisted Share Price: ₹ Best In Industry Per Equity Share

Promoters And Management:

Directors of the company are Hemant Motilal Rathi and Kanta Hemant Rathi.

Shareholding Pattern:

S.No. Name of Shareholder No. of Shares % of Total Shares 1 3A Financial Services Ltd 17,052 0.35% 2 Sanjay Dattatraya Panse 10,000 0.21% 3 Agrawal Renu Omprakash 10,000 0.21% 4 Agrawal Omprakash Bhajanlal 10,000 0.21% 5 Bhadkamkar Jyoti Shantanu 10,000 0.21% 6 Bhadkamkar Chaitanya Shantanu 10,000 0.21% 7 Bhadkamkar Mihir Shantanu 10,000 0.21% 8 Ahuja Gopal Bhagwandas 10,000 0.21% 9 Wahi Devenderkumar Vidyasagar 10,000 0.21% 10 Wahi Vidyasagar Bansidhar 10,000 0.21%

Financials of Empire Spices and Foods Limited Unlisted Shares:

( Financials in Lakhs) 1. Balance Sheet Particulars 2018 2019 2020 Share Capital 234 484 484 Reserves 2,417 3,139 3,827 Borrowings 1,366 2,349 3,347 Other Liabilities 2,391 2,637 3,280 Total Liabilities 6,409 8,609 10,938 Fixed Assets 1,805 5,476 5,909 Capital WIP 1,626 0 494 Investments 2 2 2 Other Assets 2,976 3,131 4,534 Total Assets 6,409 8,609 10,938

2. P&L Statement Particulars 2018 2019 2020 Sales 16,476 17,300 18,227 Cost of Materials Consumed 9,529 10,123 10,772 Change in Inventory 656 -590 -1,094 Production Cost 1,017 1,484 1,492 Employee Benefit Expenses 1,353 1,538 1,797 Sales Promotion Cost 1,665 2,030 2,103 Other Expenses 1,301 1,310 1,344 Operating Profit 954 1,405 1,814 OPM 5.79% 8.12% 9.95% Other Income 72 51 35 Finance Cost 76 200 426 Depreciation 153 242 347 Profit Before Tax 798 1,091 1,028 Tax 271 299 252 Profit After Tax 525 791 776 NPM 3.18% 4.57% 4.26% EPS 12 17 16

3. Cash-flow Statements Particulars 2018 2019 2020 Cash Flow from Operatons 1,603 1,238 795 Purchase of Fixed Assets 1,694 2,304 1,283 Free Cash Flow -91 -1,067 -487 Cash Flow from Investing -1,745 -2,262 -1,260 Cash Flow from Financing 412 715 485

ANNUAL REPORT

Empire Spices and Foods Limited Annual Report 2019-20

Empire Spices and Foods Limited Annual Report 2018-19

Company Address:

Address - A- 305, Damji Shamji Corporate Square, Laxmi Nagar, Ghatkopar (E), Mumbai - 400 075. Email - customercare@esfl.co.in Customer Care Executive No. - 8805580055 .