
About Citrine Resources Private Limited
Data last updated:
Citrine Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 13 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC305030. Its GSTIN is 27AAHCC4038N1ZC (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors including Bhaskar Jala and Hemant Parewa.
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 Garage 2 Flr – 0 Plot – 66E Soonabai Hirji Agiary Bldg August Kranti Mrg Gowliatank, Mumbai, Maharashtra, India – 400036.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.6 Cr (net margin 100.8%) and EBITDA of ₹11.6 Cr (EBITDA margin 100.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 10% over five years.
For more details, the company can be reached via its website citrineresources.com.
Company details
Contact details
Citrine Resources Private Limited's registered office is in Mumbai, Maharashtra. Its website is citrineresources.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGarage 2 Flr – 0 Plot – 66E Soonabai Hirji Agiary Bldg August Kranti Mrg Gowliatank, Mumbai, Maharashtra, India – 400036
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Citrine Resources 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
Business activity
The main business activity of Citrine Resources is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Citrine Resources Private Limited, buy the company report.
Financials of Citrine Resources Private Limited
FY 2025 filings availableCitrine Resources Private Limited reported revenue of ₹11.51 Cr (up 1419% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. 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 | ₹11.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.6 Cr | ||||
| 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 | 100.8% | ||||
| Net Profit Margin | 100.8% | ||||
| 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 Citrine Resources Private Limited, buy the company report.
Board of directors of Citrine Resources Private Limited
Citrine Resources has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnish Gupta | Additional Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Bhaskar Jala Also directs: Kotawala Hotels Private Limited | Director | 04 Oct 2024 | 2 Years 0 Months | Current |
| Hemant Parewa Also directs: Ametrine Polymers LLP, Kotawala Hotels Private Limited | Director | 29 Jan 2026 | 0 Years 8 Months | Current |
Peer comparison
Citrine Resources Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Me Polymers Private Limited | ₹11.8 Cr (FY 2025) | 30.0% | Muvattupuzha, Kerala, India | |||
| Salem Rubber Linings Private Limited | ₹11.71 Cr (FY 2024) | 32.0% | Salem, Tamil Nadu, India | |||
| Eco Pulp Products India Private Limited | ₹11.56 Cr (FY 2025) | 15.0% | Dharmapuri, Tamil Nadu, India | |||
| Citrine Resources Private Limitedthis company | ₹11.51 Cr (FY 2025) | ₹11.6 Cr | 100.8% | 1419.0% | Mumbai, Maharashtra, India | |
| Metalika Products (India) Private Limited | ₹11.5 Cr (FY 2025) | 39.0% | Pune, Maharashtra, India | |||
| St Josephs Tea Co Ltd | ₹11.36 Cr (FY 2025) | 37.0% | Kottayam, Kerala, India | |||
| Floormate Rubber Products Private Limited | ₹11.34 Cr (FY 2024) | 1.0% | Kottayam, Kerala, India |
To see the full peer comparison of Citrine Resources Private Limited, buy the company report.
Auditor
Citrine Resources Private Limited is audited by VICKY JAIN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VICKY JAIN & ASSOCIATES | FY 2022 | 135986W |
Shareholding
The shareholding of Citrine Resources Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Citrine Resources Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Citrine Resources 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
No delayed payments to MSME suppliers are on our record for Citrine Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citrine Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC4038N1ZC | Maharashtra | Active | 09 Mar 2018 |
To see the full GST registrations and return filing status of Citrine Resources Private Limited, buy the company report.
Recent activity
Citrine Resources Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Hemant Parewa was appointed as Director on 29 Jan 2026.
Frequently asked questions
Citrine Resources is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 13 February 2018 (8+ years old) and is registered under CIN U74999MH2018PTC305030.
Citrine Resources has 3 current directors:
- Rajnish Gupta - Additional Director
- Bhaskar Jala - Director
- Hemant Parewa - Director
The latest financial statements of Citrine Resources 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 2018 are in the company report.
The GSTIN of Citrine Resources is 27AAHCC4038N1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Citrine Resources is U74999MH2018PTC305030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citrine Resources was incorporated on 13 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Citrine Resources by revenue are Me Polymers Private Limited, Salem Rubber Linings Private Limited, Eco Pulp Products India Private Limited, Metalika Products (India) Private Limited, St Josephs Tea Co Ltd and 1 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Hemant Parewa was appointed as Director on 29 Jan 2026. Bhaskar Jala was appointed as Director on 04 Oct 2024. Kartik Jindal ceased to be Director on 04 Oct 2024. Citrine Resources has 8 board changes on record in total.
Citrine Resources can be reached through the website citrineresources.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Citrine Resources is at Garage 2 Flr – 0 Plot – 66E Soonabai Hirji Agiary Bldg August Kranti Mrg Gowliatank, Mumbai, Maharashtra, India – 400036.
Citrine Resources operates in the manufacturing industry, in the rubber-based products segment.