
About Bakelite Synthetics India Private Limited
Data last updated:
Bakelite Synthetics India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bakelite Synthetics Uk Limited. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 24 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2020FTC344380. Its GSTIN is 27AAFCH4015G1ZV (Maharashtra).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.04 Cr. It was formerly known as Hexion Psr India Private Limited. It is led by directors Anup Achyutrao Dharmadhikari and Rob Jacobus Johannes Joseph Brueren.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.88 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹17.7 Lakh (net margin -1.8%) and EBITDA of ₹1.67 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bakelite. The company has 1 deal on record (1 rights issue); the latest was in March 2021. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 26 overdue payments to 8 micro and small suppliers.
For more details, the company can be reached via its website bakelite.com.
Company details
Contact details
Bakelite Synthetics India Private Limited's registered office is in Mumbai, Maharashtra. Its website is bakelite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#1302 Tower – 3 One International Center Senapati Bapat Marg Elphinstone Road (W, Est), Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Bakelite Synthetics India Private 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
Brands
Bakelite Synthetics India operates one associated brand: Bakelite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coatings, adhesives, resins, and building materials are manufactured. | bakelite.com |
Business activity
The main business activity of Bakelite Synthetics India 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 Bakelite Synthetics India Private Limited, buy the company report.
Financials of Bakelite Synthetics India Private Limited
FY 2025 filings availableBakelite Synthetics India Private Limited reported revenue of ₹9.88 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 15% growth in the latest year. EBITDA rose 6% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | -1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bakelite Synthetics India Private Limited, buy the company report.
Board of directors of Bakelite Synthetics India Private Limited
Bakelite Synthetics India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anup Achyutrao Dharmadhikari | Director | 01 Oct 2021 | 5 Years 1 Months | Current |
| Rob Jacobus Johannes Joseph Brueren | Director | 01 Oct 2021 | 5 Years 1 Months | Current |
Auditor
Bakelite Synthetics India Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2022 | 304026E/E-300009 |
Shareholding
The shareholding of Bakelite Synthetics India Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bakelite Synthetics India Private Limited, buy the company report.
Deals & funding
Bakelite Synthetics India Private Limited has 1 deal on record (1 rights issue); the latest was in March 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹7.03 Cr | Investors: Hexion UK Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bakelite Synthetics India Private 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
Bakelite Synthetics India Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 26 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maldeep Catalysts Private Limited | |||
| M/S K A Pandit | |||
| Rurban Logistics & Transportationtech (India) Private Limited | |||
| JKH Global Solutions LLP | |||
| Skylight Express Private Limited |
To see the full MSME payment records of Bakelite Synthetics India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bakelite Synthetics India Private Limited has a workforce of 3 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Bakelite Synthetics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH4015G1ZV | Maharashtra | Active | 16 Mar 2021 |
To see the full GST registrations and return filing status of Bakelite Synthetics India Private Limited, buy the company report.
Recent activity
Bakelite Synthetics India Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Anup Achyutrao Dharmadhikari ceased to be Additional Director on 30 Sep 2022.
News
Frequently asked questions
Bakelite Synthetics India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 24 August 2020 (6+ years old) and is registered under CIN U24304MH2020FTC344380.
Bakelite Synthetics India has 2 current directors:
- Anup Achyutrao Dharmadhikari - Director
- Rob Jacobus Johannes Joseph Brueren - Director
The latest financial statements of Bakelite Synthetics India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Bakelite Synthetics India is 27AAFCH4015G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bakelite Synthetics India is U24304MH2020FTC344380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bakelite Synthetics India was incorporated on 24 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Bakelite Synthetics India has 1 deal on record (1 rights issue); the latest was in March 2021.
Anup Achyutrao Dharmadhikari ceased to be Additional Director on 30 Sep 2022. Rob Jacobus Johannes Joseph Brueren ceased to be Additional Director on 30 Sep 2022. Arnoldus Wilhelmus Maria Mertens ceased to be Director on 05 Nov 2021. Bakelite Synthetics India has 6 board changes on record in total.
Bakelite Synthetics India has 4 MSME Form 1 returns on record between 2021 and 2023, listing 26 overdue payments to 8 micro and small suppliers. The latest return was filed on 27 Apr 2023.
Bakelite Synthetics India can be reached through the website bakelite.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bakelite Synthetics India is at #1302 Tower – 3 One International Center Senapati Bapat Marg Elphinstone Road W, Est, Mumbai, Maharashtra, India – 400013.

