MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0039521
Adachi Natural Polymer Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹37.56 Cr
▼ 7% YoY
Net profit · FY 2025
₹15.56 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.73 Cr
EBITDA margin 4.6%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹18.15 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
16
Provident fund records
About Adachi Natural Polymer Limited
Data last updated:
Adachi Natural Polymer Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 04 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2011PLC066638. Its GSTIN is 24AAJCA6984F1ZG (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.5 Cr. It was formerly known as Adachi Natural Polymer Private Limited. It is led by directors including Mihir Vinodbhai Patel and Gaurav Vinodbhai Patel.
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 C – 1 91/14 Phase – 1 'F' Road GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.56 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹15.56 Lakh (net margin 0.4%) and EBITDA of ₹1.73 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.15 Cr on record. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.05 Cr; the latest was in March 2022. Its 6 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 3 smaller; the largest is H.V. Aromatic Private Limited with revenue of ₹38.78 Cr.
Adachi Natural Polymer Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0039521). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adachigroup.com.
Company details
CIN U24100GJ2011PLC066638
Registration Number 066638
Incorporation Date 04 August 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0039521
CIN history
Adachi Natural Polymer has one previous CIN (Corporate Identification Number): U24100GJ2011PTC066638. The current CIN is U24100GJ2011PLC066638, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ2011PLC066638 | Current |
| U24100GJ2011PTC066638 | Previous |
Key People
Mihir Vinodbhai Patel Director Gaurav Vinodbhai Patel Director Jayantibhai Ramanbhai Patel Director Recognitions & Rankings of Adachi Natural Polymer
Contact details
Adachi Natural Polymer Limited's registered office is in Ahmedabad, Gujarat. Its website is adachigroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 1 91/14 Phase – 1 'F' Road GIDC Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Adachi Natural Polymer Limited, buy the company report.
Comprehensive company report
Adachi Natural Polymer Limited - one report that includes everything
- 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
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Business activity
The main business activity of Adachi Natural Polymer 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 Adachi Natural Polymer Limited, buy the company report.
Financials of Adachi Natural Polymer Limited
FY 2025 filings availableAdachi Natural Polymer Limited reported revenue of ₹37.56 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹37.56 Cr ▼ 7%
Net profit · FY 2025
₹15.56 Lakh margin 0.4%
EBITDA · FY 2025
₹1.73 Cr margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 1%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 17%
5 years · compounded
▼ 5%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 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 |
|---|---|---|---|---|---|
| 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 | ₹1.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.56 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Adachi Natural Polymer Limited, buy the company report.
Board of directors of Adachi Natural Polymer Limited
Adachi Natural Polymer has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihir Vinodbhai Patel | Director | 04 Aug 2011 | 15 Years 2 Months | Current |
| Gaurav Vinodbhai Patel | Director | 03 Oct 2019 | 7 Years 1 Months | Current |
| Jayantibhai Ramanbhai Patel Also directs: P & R Tradelinks Private Limited | Director | 01 May 2019 | 7 Years 6 Months | Current |
| Vinodchandra Shanabhai Patel Also directs: Bhavani Procon LLP | Director | 04 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Adachi Natural Polymer Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| H.V. Aromatic Private Limited | ₹38.78 Cr (FY 2025) | 42.0% | Badaun, Uttar Pradesh, India | |||
| Madan Chemicals Private Limited | ₹38.17 Cr (FY 2024) | -8.0% | Delhi, India | |||
| JSR International (India) Private Limited | ₹37.62 Cr (FY 2025) | 20.0% | Delhi, India | |||
| Adachi Natural Polymer Limitedthis company | ₹37.56 Cr (FY 2025) | ₹15.56 Lakh | 0.4% | -7.0% | 16 | Ahmedabad, Gujarat, India |
| Surtec Chemicals India Private Limited | ₹37.49 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India | |||
| Hemani Chemiorganic Private Limited | ₹37.45 Cr (FY 2025) | -48.0% | Mumbai, Maharashtra, India | |||
| Aekyung Chemtech India Private Limited | ₹37.4 Cr (FY 2024) | 13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Adachi Natural Polymer Limited, buy the company report.
Auditor
Adachi Natural Polymer Limited is audited by RATHIN MAJMUDAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATHIN MAJMUDAR & CO | FY 2021 | 131891W |
Shareholding
The shareholding of Adachi Natural Polymer Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Adachi Natural Polymer Limited, buy the company report.
Charges & borrowings
Open charges
₹18.15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2025 | 101144290 | Others | ₹7.1 Lakh | Open | |
| 03 Mar 2016 | 100021323 | State Bank of India | ₹9.04 Cr | Open | |
| 30 Mar 2012 | 10352518 | State Bank of India | ₹9.04 Cr | Open |
To see the full charge records of Adachi Natural Polymer Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Adachi Natural Polymer Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.05 Cr; the latest was in March 2022.
Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹2.05 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹50 Lakh | Investors: Bhavani Procon LLP |
| Mar 2016 | Rights issue | ₹1.35 Cr | Investors: 3 individuals |
| Mar 2012 | Funding round | ₹1.55 Cr | Investors: 4 individuals |
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 Adachi Natural Polymer Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Adachi Natural Polymer Limited was last rated by Care on 12 Sep 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Sep 2023 |
To see the full credit ratings and regulatory alerts of Adachi Natural Polymer Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adachi Natural Polymer Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adachi Natural Polymer Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-11.11%
GST
Adachi Natural Polymer has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA6984F1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adachi Natural Polymer Limited, buy the company report.
Recent activity
Adachi Natural Polymer Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Mihir Vinodbhai Patel ceased to be Director on 31 Mar 2021.
AGM
Adachi Natural Polymer Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 101144290 was registered on 07 Jul 2025.
Filing
Adachi Natural Polymer Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Mihir Vinodbhai Patel ceased to be Director.
Ceased
Vinodchandra Shanabhai Patel ceased to be Director.
Ceased
Gaurav Vinodbhai Patel ceased to be Additional Director.
Appointed
Gaurav Vinodbhai Patel was appointed as Director.
Ceased
Jayantibhai Ramanbhai Patel ceased to be Additional Director.
Appointed
Jayantibhai Ramanbhai Patel was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 9.04 Cr with Charge ID 100021323 was registered on 03 Mar 2016.
Charges
A charge with State Bank Of India of Rs. 9.04 Cr registered on 30 Mar 2012 with Charge ID 10352518 was modified on 03 Mar 2016.
Charges
A charge with State Bank Of India amounted to Rs. 9.04 Cr with Charge ID 10352518 was registered on 30 Mar 2012.
3 earlier events are in the company report.
Frequently asked questions
Adachi Natural Polymer is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 04 August 2011 (15+ years old) and is registered under CIN U24100GJ2011PLC066638.
Adachi Natural Polymer has 4 current directors:
- Mihir Vinodbhai Patel - Director
- Gaurav Vinodbhai Patel - Director
- Jayantibhai Ramanbhai Patel - Director
- Vinodchandra Shanabhai Patel - Director
The latest financial statements of Adachi Natural Polymer 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 Adachi Natural Polymer is 24AAJCA6984F1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Adachi Natural Polymer is U24100GJ2011PLC066638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adachi Natural Polymer was incorporated on 04 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adachi Natural Polymer has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.05 Cr; the latest was in March 2022.
The peers of Adachi Natural Polymer by revenue are H.V. Aromatic Private Limited, Madan Chemicals Private Limited, JSR International (India) Private Limited, Surtec Chemicals India Private Limited, Hemani Chemiorganic Private Limited and 1 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Mihir Vinodbhai Patel ceased to be Director on 31 Mar 2021. Vinodchandra Shanabhai Patel ceased to be Director on 31 Mar 2021. Gaurav Vinodbhai Patel ceased to be Additional Director on 31 Dec 2020. Adachi Natural Polymer has 8 board changes on record in total.
Yes, Adachi Natural Polymer is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0039521).
Adachi Natural Polymer can be reached through the website adachigroup.com. Its registered office is in Ahmedabad, Gujarat, India.
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