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Issue Date:09 October 2017     Price in Rs. R 6500    Price in USD. $ 100

Rajkot, Gujarat based Gandhi Spices Pvt Ltd is a manufacturer of spices. It makes red chilly powder, turmeric powder, coriander powder, tea masala, garam masala, and sells it under ‘Hathi’ brand.


The business has a history of over 60 years, having started in 1952. The limited company was incorporated in June’92. The company has 6 directors –Jitendrakumar Dubal (managing director), Pankajbhai J Dubal, Sukhdev J Dubal, Hirenkumar J Dubal and Ashokkumar J Dubal, Sudhirkumar m Dubal.


During FY16, the company reported revenues of Rs 680m (USD 10.6m) and profit after tax of Rs 30 m (USD .47 m).

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details


  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
  • Ratios


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