DPIIT recognised startup Government of India
Startup India
Mrinank Hychem Private Limited
Mrinank Hychem Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.42 Cr
▲ 78% YoY
Net profit · FY 2025
₹55.3 Lakh
Net margin 10.2%
EBITDA · FY 2025
₹73.82 Lakh
EBITDA margin 13.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
3
GST registered
About Mrinank Hychem Private Limited
Data last updated:
Mrinank Hychem Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 02 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2020PTC345134. Its GSTIN is 27AANCM7645R1ZD (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Lalita Kamal Agarwal and Amit Kamal Saraf.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A 102 Gokul Arcade Premises Chs Ltd Swami Nityanand Road Vileparle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.42 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹55.3 Lakh (net margin 10.2%) and EBITDA of ₹73.82 Lakh (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 353% over three years.
Mrinank Hychem Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019558).
Company Details of Mrinank Hychem Private Limited
CIN U24233MH2020PTC345134
Registration Number 345134
Incorporation Date 02 September 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0019558
Recognitions & Rankings of Mrinank Hychem
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0019558
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA 102 Gokul Arcade Premises Chs Ltd Swami Nityanand Road Vileparle East, Mumbai, Maharashtra, India – 400057
- IndustryChemicals and Materials, Industrial Chemicals
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Business Activity of Mrinank Hychem Private Limited
The main business activity of Mrinank Hychem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Mrinank Hychem Private Limited FY 2024 filings available
Mrinank Hychem Private Limited reported revenue of ₹5.42 Cr (up 78% YoY) for FY 2025.
Revenue · FY 2025
₹5.42 Cr ▲ 78%
Net profit · FY 2025
₹55.3 Lakh margin 10.2%
EBITDA · FY 2025
₹73.82 Lakh margin 13.6%
Compounded Annual Growth Rate (CAGR) of Mrinank Hychem Private Limited
Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 353%
EBITDA CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 82%
Revenue has grown at a compounded annual rate (CAGR) of 353% over three years, including 78% growth in the latest year. EBITDA rose 73% 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 of Mrinank Hychem Private Limited
| 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 | ₹73.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55.3 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 of Mrinank Hychem Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mrinank Hychem are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Mrinank Hychem Private Limited
Mrinank Hychem has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalita Kamal Agarwal Also directs: L S Auxi Chem Private Limited | Director | 02 Sep 2020 | 6 Years 1 Months | Current |
| Amit Kamal Saraf Also directs: L S Auxi Chem Private Limited | Director | 02 Sep 2020 | 6 Years 1 Months | Current |
| Sonika Amit Saraf | Director | 02 Sep 2020 | 6 Years 1 Months | Current |
Peer Comparison of Mrinank Hychem Private Limited
Mrinank Hychem Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Steam Radiators Manufacturing Company (India) P Ltd | ₹5.45 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Mumbai, Maharashtra, India |
| Zenex Impex Private Limited | ₹5.43 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chandannagar, West Bengal, India |
| Pinnacle Herbal Extractions Private Limited | ₹5.43 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Ratlam, Madhya Pradesh, India |
| Bajaj Polymin Limited | ₹5.42 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Nagpur, Maharashtra, India |
| Futuretech Environment Consortium Private Limited | ₹5.42 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | G.I.D.C Ankleshwar, Gujarat, India |
| Mrinank Hychem Private Limited this company | ₹5.42 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Mumbai, Maharashtra, India |
| Olivine Mercantiles Pvt Ltd | ₹5.42 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Dca Fine Chem Private Limited | ₹5.38 Cr (FY 2024) | •••• | •••• | 386.0% | •••• | Tarapur, Maharashtra, India |
| Janani Barytes & Metals Private Limited | ₹5.38 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kadapa, Andhra Pradesh, India |
| Kinjal Finechem Private Limited | ₹5.37 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| JPM Pharma & Chemicals Private Limited | ₹5.36 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mrinank Hychem by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mrinank Hychem Private Limited
Mrinank Hychem Private Limited is audited by J. D. BHAGCHANDANI & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. D. BHAGCHANDANI & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Mrinank Hychem Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Mrinank Hychem Private Limited
Mrinank Hychem Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mrinank Hychem Private Limited
Mrinank Hychem Private Limited has a workforce of 0 employees as of Feb 15, 2025.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mrinank Hychem Private Limited
Mrinank Hychem Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Prithviraj Banwarilal Poddar ceased to be Additional Director on 31 Dec 2021.
AGM
Mrinank Hychem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mrinank Hychem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Prithviraj Banwarilal Poddar ceased to be Additional Director.
Appointed
Prithviraj Banwarilal Poddar was appointed as Director.
Appointed
Amit Kamal Saraf was appointed as Director.
Appointed
Lalita Kamal Agarwal was appointed as Director.
Appointed
Sonika Amit Saraf was appointed as Director.
Incorporation
02 Sep 2020
Mrinank Hychem Private Limited was registered on 02 Sep 2020 with Roc Mumbai & aged 6 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Mrinank Hychem Private Limited
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MSME Payment Delays by Mrinank Hychem Private Limited
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Subsidiaries & Group Companies of Mrinank Hychem Private Limited
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GST Compliance of Mrinank Hychem Private Limited
Mrinank Hychem has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM7645R1ZD | Maharashtra | Active | 28 Sep 2020 |
| 08AANCM7645R1ZD | Rajasthan | Active | 11 Mar 2022 |
| 24AANCM7645R1ZJ | Gujarat | Active | 13 Oct 2023 |
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MCA Filings & Documents of Mrinank Hychem Private Limited
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Frequently Asked Questions about Mrinank Hychem Private Limited
Mrinank Hychem is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 02 September 2020 (6+ years old) and is registered under CIN U24233MH2020PTC345134.
Mrinank Hychem reported revenue of ₹5.42 Cr for FY 2025 (up 78% YoY).
Mrinank Hychem has 3 current directors:
- Lalita Kamal Agarwal - Director
- Amit Kamal Saraf - Director
- Sonika Amit Saraf - Director
Mrinank Hychem reported a net profit of ₹55.3 Lakh (net margin 10.2%) and EBITDA of ₹73.82 Lakh (EBITDA margin 13.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mrinank Hychem is 353% over three years. In the latest year (FY 2025) revenue rose 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mrinank Hychem is 27AANCM7645R1ZD, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AANCM7645R1ZD (Rajasthan), 24AANCM7645R1ZJ (Gujarat).
The CIN (Corporate Identification Number) of Mrinank Hychem is U24233MH2020PTC345134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mrinank Hychem was incorporated on 02 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mrinank Hychem by revenue are Steam Radiators Manufacturing Company (India) P Ltd, Zenex Impex Private Limited, Pinnacle Herbal Extractions Private Limited, Bajaj Polymin Limited, Futuretech Environment Consortium Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Prithviraj Banwarilal Poddar ceased to be Additional Director on 31 Dec 2021. Prithviraj Banwarilal Poddar was appointed as Director on 14 Jun 2021. Amit Kamal Saraf was appointed as Director on 02 Sep 2020. Mrinank Hychem has 5 board changes on record in total.
Yes, Mrinank Hychem is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).