About Smi Newquest India Private Limited
Data last updated:
Smi Newquest India Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Specialty Minerals India Holdings Inc. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 03 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2009FTC190664. Its GSTIN is 27AAMCS9107K1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.55 Lakh. It was formerly known as Smi Minerals India Private Limited. It is led by directors including Ramanathan Chandran (Person Incharge) and James Patrick Wright.
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 Office No. 4 Third Floor Rosa Vista Opp Suraj Water Park Ghodbunder Road, Thane, Maharashtra, India – 400615.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.97 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.49 Cr (net margin 5%) and EBITDA of ₹5.27 Cr (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Minerals Technologies. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹56.62 Cr; the latest was in May 2011. The company has 10 MSME Form 1 returns on record between 2021 and 2023, listing 297 overdue payments to 14 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 mineralstech.com.
Company details
Contact details
Smi Newquest India Private Limited's registered office is in Thane, Maharashtra. Its website is mineralstech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 4 Third Floor Rosa Vista Opp Suraj Water Park Ghodbunder Road, Thane, Maharashtra, India – 400615
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Smi Newquest 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
Smi Newquest India operates one associated brand: Minerals Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty mineral and synthetic products are developed and marketed worldwide. | mineralstech.com |
Business activity
The main business activity of Smi Newquest India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Smi Newquest India Private Limited, buy the company report.
Financials of Smi Newquest India Private Limited
FY 2025 filings availableSmi Newquest India Private Limited reported revenue of ₹49.97 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 19% fall in the latest year. EBITDA fell 61% 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 | ₹5.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.49 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 | 10.5% | ||||
| Net Profit Margin | 5% | ||||
| 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 Smi Newquest India Private Limited, buy the company report.
Board of directors of Smi Newquest India Private Limited
Smi Newquest India has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanathan Chandran | Person Incharge | 26 Sep 2011 | 15 Years 1 Months | Current |
| James Patrick Wright | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
| Sonia Niranjan Das | Director | 20 Mar 2023 | 3 Years 7 Months | Current |
| Justin Robert Honohan | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
Auditor
Smi Newquest India 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 Smi Newquest India 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 Smi Newquest India Private Limited, buy the company report.
Deals & funding
Smi Newquest India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹56.62 Cr; the latest was in May 2011.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2011 | Secondary share transfer | Undisclosed | Buyer: Avantha Holdings Limited Seller: Minerals Technologies India Private Limited |
| Aug 2010 | Funding round | ₹23.5 Cr | Investors: Specialty Minerals India Holdings Inc |
| Dec 2009 | Funding round | ₹18.12 Cr | Investors: Specialty Minerals India Holdings Inc |
| Aug 2009 | Funding round | ₹15 Cr | Investors: Specialty Minerals India Holdings Inc |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: Specialty Minerals India Holdings Inc Seller: Specialty Minerals Inc |
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 Smi Newquest 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
Smi Newquest India Private Limited has 10 MSME Form 1 returns on record between 2021 and 2023, listing 297 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sigma Minerals Limited | |||
| Universal Enterprises | |||
| M S S M & Co. Chartered Accountants LLP | |||
| Chemical and Mineral Industries Pvt Ltd | |||
| Kunal Marketing and Services |
To see the full MSME payment records of Smi Newquest India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smi Newquest India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Smi Newquest India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS9107K1ZT | Maharashtra | Active | 01 Jul 2017 |
| 21AAMCS9107K1Z5 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smi Newquest India Private Limited, buy the company report.
Recent activity
Smi Newquest India Private Limited has 16 board changes on record since 2011: 4 appointments and 12 cessations. The latest: Sonia Niranjan Das ceased to be Additional Director on 29 Sep 2023.
7 earlier events are in the company report.
News
Frequently asked questions
Smi Newquest India is an active foreign private limited company based in Thane, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 03 March 2009 (17+ years old) and is registered under CIN U24100MH2009FTC190664.
Smi Newquest India has 4 current directors:
- James Patrick Wright - Director
- Sonia Niranjan Das - Director
- Justin Robert Honohan - Director
- Ramanathan Chandran - Person Incharge
The latest financial statements of Smi Newquest 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 2015 are in the company report.
The GSTIN of Smi Newquest India is 27AAMCS9107K1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAMCS9107K1Z5 (Odisha).
The CIN (Corporate Identification Number) of Smi Newquest India is U24100MH2009FTC190664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smi Newquest India was incorporated on 03 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Smi Newquest India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹56.62 Cr; the latest was in May 2011.
Sonia Niranjan Das ceased to be Additional Director on 29 Sep 2023. Sonia Niranjan Das was appointed as Director on 20 Mar 2023. James Patrick Wright ceased to be Additional Director on 30 Sep 2022. Smi Newquest India has 16 board changes on record in total.
Smi Newquest India has 10 MSME Form 1 returns on record between 2021 and 2023, listing 297 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Smi Newquest India can be reached through the website mineralstech.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Smi Newquest India is at Office No. 4 Third Floor Rosa Vista Opp Suraj Water Park Ghodbunder Road, Thane, Maharashtra, India – 400615.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
