- #778 Ranjit Pendurthi ₹4,000 Cr

Idealis Chemicals Private Limited
About Idealis Chemicals Private Limited
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Idealis Chemicals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the wood and of products of wood and cork segment of the wood and timber products sector. It was incorporated on 05 October 2023.
Its director Ranjit Pendurthi is #778 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U20299TN2023PTC164103.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Subrahmanyam Meenakshisundaram and Ranjit Pendurthi.
Its last annual general meeting (AGM) was held on 31 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2026, the company reported a revenue of ₹5.78 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹75.76 Lakh (net margin -13.1%) and EBITDA of ₹5.65 Cr (EBITDA margin 97.7%).
Company details
Recognitions & Rankings of Idealis Chemicals
Contact details
Idealis Chemicals Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo. 2 North Crescent Road, T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryWood, Wood And Of Products Of Wood And Cork, Manufacturing, Straw And Plaiting Materials, Products Of Wood, Cork
- 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
Financials of Idealis Chemicals Private Limited
FY 2025 filings availableIdealis Chemicals Private Limited reported revenue of ₹5.78 Cr (down 47% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year. EBITDA rose 61% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
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| EBITDA | ₹5.65 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹75.76 Lakh | ||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
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| Profitability | |||
| EBITDA Margin | 97.7% | ||
| Net Profit Margin | -13.1% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Idealis Chemicals Private Limited, buy the company report.
Board of directors of Idealis Chemicals Private Limited
Idealis Chemicals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subrahmanyam Meenakshisundaram Also directs: Archean Chemical Industries Limited, KGF Granites Private Limited, Archean Salt Holdings Private Limited and 5 more | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
| Ranjit Pendurthi Also directs: Archean Chemical Industries Limited, KGF Granites Private Limited, Archean Salt Holdings Private Limited and 5 more | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
| Nagayanallur Ramachandran Kannan | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Idealis Chemicals 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 Idealis Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Idealis Chemicals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Idealis Chemicals Private Limited has 4 board changes on record since 2023: 3 appointments and 1 cessation. The latest: Nagayanallur Ramachandran Kannan ceased to be Additional Director on 30 May 2025.
Frequently asked questions
Idealis Chemicals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in wood and of products of wood and cork, within the wood industry. It was incorporated on 05 October 2023 (3+ years old) and is registered under CIN U20299TN2023PTC164103.
Idealis Chemicals has 3 current directors:
- Subrahmanyam Meenakshisundaram - Director
- Ranjit Pendurthi - Director
- Nagayanallur Ramachandran Kannan - Director
The latest financial statements of Idealis Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 May 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Idealis Chemicals is U20299TN2023PTC164103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idealis Chemicals was incorporated on 05 October 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chennai.
Nagayanallur Ramachandran Kannan ceased to be Additional Director on 30 May 2025. Nagayanallur Ramachandran Kannan was appointed as Director on 09 Aug 2024. Ranjit Pendurthi was appointed as Director on 05 Oct 2023. Idealis Chemicals has 4 board changes on record in total.
The registered office of Idealis Chemicals is at No. 2 North Crescent Road, T.Nagar, Chennai, Tamil Nadu, India – 600017.
Idealis Chemicals operates in the wood industry, in the wood and of products of wood and cork segment.
Idealis Chemicals can be reached at its registered office: No. 2 North Crescent Road, T.Nagar, Chennai, Tamil Nadu, India – 600017.
Idealis Chemicals is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.