About Nynas Naphthenics Private Limited
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Nynas Naphthenics Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nynas Ab. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 21 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009FTC195149. Its GSTIN is 27AADCN0672M1Z7 (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50.73 Lakh. It is led by directors including Arjun Dilip Lad and Simon Day.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No 9 – A North Tower Godrej One Pirojshanagar Eastern Express Highway Vikhroli (East), Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹278.3 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹9.97 Cr (net margin 3.6%) and EBITDA of ₹13.58 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company is associated with 1 brand: Nynas. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹49.7 Lakh; the latest was in December 2009. Its 7 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 4 smaller; the largest is Sri Raam Gowri Hitech Polymers Private Limited with revenue of ₹291.47 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nynas.com.
Company details
Contact details
Nynas Naphthenics Private Limited's registered office is in Mumbai, Maharashtra. Its website is nynas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 9 – A North Tower Godrej One Pirojshanagar Eastern Express Highway Vikhroli (East), Mumbai, Maharashtra, India – 400079
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Nynas Naphthenics 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 Nynas Naphthenics 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 Nynas Naphthenics Private Limited, buy the company report.
Financials of Nynas Naphthenics Private Limited
FY 2025 filings availableNynas Naphthenics Private Limited reported revenue of ₹278.3 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 22% growth in the latest year. EBITDA rose 27% 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 |
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| EBITDA | ₹13.58 Cr | ||||
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| Net Profit (PAT) | ₹9.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nynas Naphthenics Private Limited, buy the company report.
Board of directors of Nynas Naphthenics Private Limited
Nynas Naphthenics has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Dilip Lad | Director | 21 Aug 2009 | 17 Years 2 Months | Current |
| Simon Day | Director | 27 Oct 2020 | 6 Years 0 Months | Current |
| Alistair Jan Meyer | Director | 14 Feb 2023 | 3 Years 9 Months | Current |
| Sagar Haribhai Ramani | Additional Director | 02 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Nynas Naphthenics Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Raam Gowri Hitech Polymers Private Limited | ₹291.47 Cr (FY 2024) | 4.0% | Pune, Maharashtra, India | |||
| Tam India Private Limited | ₹289.61 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| E-Chemex Private Limited | ₹282.59 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Nynas Naphthenics Private Limitedthis company | ₹278.3 Cr (FY 2025) | ₹9.97 Cr | 3.6% | 22.0% | Mumbai, Maharashtra, India | |
| Kemi Chems Private Limited | ₹273.52 Cr (FY 2025) | -9.0% | Delhi, India | |||
| Alfa Solvents Private Limited | ₹272.99 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Aroma Chemical Agencies (India) Private Limited | ₹272.19 Cr (FY 2019) | 25.0% | Mumbai, Maharashtra, India | |||
| Catalyst Asphalt Private Limited | ₹271.68 Cr (FY 2025) | 14.0% | Delhi, India |
To see the full peer comparison of Nynas Naphthenics Private Limited, buy the company report.
Auditor
Nynas Naphthenics Private Limited is audited by B S R & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Nynas Naphthenics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nynas Naphthenics Private Limited, buy the company report.
Deals & funding
Nynas Naphthenics Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹49.7 Lakh; the latest was in December 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2009 | Funding round | ₹49.7 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nynas Naphthenics Private Limited has 1 court case on record: 1 filed by Nynas Naphthenics. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Simpliwork Offices Private Limited | Pending |
To see the full case history of Nynas Naphthenics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Nynas Naphthenics Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nynas Naphthenics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nynas Naphthenics has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN0672M1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 24AADCN0672M1ZD | Gujarat | Active | 01 Jul 2017 |
| 33AADCN0672M1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nynas Naphthenics Private Limited, buy the company report.
Recent activity
Nynas Naphthenics Private Limited has 10 board changes on record since 2009: 4 appointments and 6 cessations. The latest: Sagar Haribhai Ramani was appointed as Additional Director on 02 Sep 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Nynas Naphthenics is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 21 August 2009 (17+ years old) and is registered under CIN U51109MH2009FTC195149.
Nynas Naphthenics has 4 current directors:
- Arjun Dilip Lad - Director
- Simon Day - Director
- Alistair Jan Meyer - Director
- Sagar Haribhai Ramani - Additional Director
The latest financial statements of Nynas Naphthenics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nynas Naphthenics is 27AADCN0672M1Z7, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 24AADCN0672M1ZD (Gujarat), 33AADCN0672M1ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Nynas Naphthenics is U51109MH2009FTC195149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nynas Naphthenics has 1 court case on record: 1 filed by the company. 1 is pending.
Nynas Naphthenics was incorporated on 21 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Nynas Naphthenics has 1 deal on record (1 funding round), with disclosed funding of ₹49.7 Lakh; the latest was in December 2009.
The peers of Nynas Naphthenics by revenue are Sri Raam Gowri Hitech Polymers Private Limited, Tam India Private Limited, E-Chemex Private Limited, Kemi Chems Private Limited, Alfa Solvents Private Limited and 2 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Sagar Haribhai Ramani was appointed as Additional Director on 02 Sep 2025. Alistair Jan Meyer ceased to be Additional Director on 28 Sep 2023. Alistair Jan Meyer was appointed as Director on 14 Feb 2023. Nynas Naphthenics has 10 board changes on record in total.
Nynas Naphthenics has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Nynas Naphthenics can be reached through the website nynas.com. Its registered office is in Mumbai, Maharashtra, India.
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