About Adhik Chemicals Private Limited
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Adhik Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 08 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1996PTC103868. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.8 Lakh. It is led by directors including Harishkumar Virdichand Agrawal and Arunkumar Agrawal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Jagdish Mill Premises Suryodaya Mills Compound Tardeo, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.51 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹46,233 (net margin 0.3%) and EBITDA of ₹1.58 Lakh (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adhikchemicals.com.
Company details
Contact details
Adhik Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is adhikchemicals.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressJagdish Mill Premises Suryodaya Mills Compound Tardeo, Mumbai, Maharashtra, India – 400034
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Adhik Chemicals 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 Adhik Chemicals is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Adhik Chemicals Private Limited, buy the company report.
Financials of Adhik Chemicals Private Limited
FY 2018 filings availableAdhik Chemicals Private Limited reported revenue of ₹1.51 Cr (down 39% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 39% fall in the latest year. EBITDA fell 86% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹1.51 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.58 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹46,233 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 1% |
| Net Profit Margin | 0.3% |
| 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 Adhik Chemicals Private Limited, buy the company report.
Board of directors of Adhik Chemicals Private Limited
Adhik Chemicals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harishkumar Virdichand Agrawal | Director | 14 Aug 2001 | 25 Years 2 Months | Current |
| Arunkumar Agrawal Also directs: Bhagwati Colours Private Limited | Director | 14 Aug 2001 | 25 Years 2 Months | Current |
| Bharat Ramavtar Gupta Also directs: 5Xunicorn India LLP, Abhishek Dyechem Industries Private Limited, Greensky Dyechem Limited and 4 more | Director | 26 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Adhik Chemicals Private Limited is audited by G R & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R & ASSOCIATES | FY 2015 | 130459W |
Shareholding
The shareholding of Adhik Chemicals Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Adhik Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adhik 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 Adhik Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adhik Chemicals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Adhik Chemicals Private Limited, buy the company report.
Recent activity
Adhik Chemicals Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Ramakant Jagdishprasad Tibrewala ceased to be Director on 23 Jul 2019.
Frequently asked questions
Adhik Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 08 November 1996 (30+ years old) and is registered under CIN U24110MH1996PTC103868.
Adhik Chemicals has 3 current directors:
- Harishkumar Virdichand Agrawal - Director
- Arunkumar Agrawal - Director
- Bharat Ramavtar Gupta - Director
The latest financial statements of Adhik Chemicals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Adhik Chemicals has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Adhik Chemicals is U24110MH1996PTC103868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhik Chemicals was incorporated on 08 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramakant Jagdishprasad Tibrewala ceased to be Director on 23 Jul 2019. Bharat Ramavtar Gupta was appointed as Director on 26 Mar 2019. Shrikant Jagdishprasad Tibrewala ceased to be Director on 29 Mar 2017. Adhik Chemicals has 5 board changes on record in total.
Adhik Chemicals can be reached through the website adhikchemicals.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Adhik Chemicals is at Jagdish Mill Premises Suryodaya Mills Compound Tardeo, Mumbai, Maharashtra, India – 400034.
Adhik Chemicals operates in the chemicals and materials industry, in the dyes and pigments segment.
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