About Advatech Industries Private Limited
Data last updated:
Advatech Industries Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 01 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2004PTC045074. Its GSTIN is 24AAGCA2709R1ZF (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Rahil Salim Nandolia (Managing Director) and Imtiyaz Aliji Nandolia.
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 Mukan Postdhangi Ta Kadi, Mehsana, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹167.56 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.89 Cr (net margin 2.9%) and EBITDA of ₹7.41 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
The company is associated with 1 brand: Aventure Industries. As per MCA filings, the company has satisfied charges of ₹35.02 Cr on record. Court records list 1 case involving the company. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in February 2024. Its 10 peer companies in the Chemicals industry (Industrial Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Mobelchem Specialty Private Limited with revenue of ₹174.92 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 10 overdue payments to 10 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 advatech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMukan Postdhangi Ta Kadi, Mehsana, Gujarat, India
- IndustryChemicals and Materials, Industrial Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Advatech Industries Private Limited
The main business activity of Advatech Industries 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Advatech Industries Private Limited FY 2025 filings available
Advatech Industries Private Limited reported revenue of ₹167.56 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Advatech Industries Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 64% 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 Advatech Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.89 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 of Advatech Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Advatech Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Advatech Industries Private Limited
Advatech Industries 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 |
|---|---|---|---|---|---|---|
| Mobelchem Specialty Private Limited | ₹174.92 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Mumbai, Maharashtra, India |
| Sealand Trading Exim Private Limited | ₹173.69 Cr (FY 2025) | •••• | •••• | 7206.0% | •••• | Mumbai, Maharashtra, India |
| Chemical Systems Technologies (India) Private Limited | ₹172.7 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
| Shreas Industries Limited | ₹168.38 Cr (FY 2025) | •••• | •••• | 5280.0% | •••• | Hyderabad, Telangana, India |
| Dhariyal Polymers Pvt Ltd | ₹167.75 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Advatech Industries Private Limited this company | ₹167.56 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Mehsana, Gujarat, India |
| Proec Private Limited | ₹166.13 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | New Delhi, Delhi, India |
| Golchha Enterprises Private Limited | ₹165.85 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Jamshedpur, Jharkhand, India |
| Sagar Speciality Chemicals Private Limited | ₹165.27 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Elixa Technologies Private Limited | ₹165.04 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Pune, Maharashtra, India |
| Time Cap Pharma Labs Private Limited | ₹165.03 Cr (FY 2025) | •••• | •••• | 477.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Advatech Industries 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 Advatech Industries Private Limited
Advatech Industries Private Limited is audited by ISK & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ISK & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Advatech Industries Private Limited
Advatech Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahil Salim Nandolia Also directs: Glassil Industries LLP, Sab Habitat LLP, Advatech Refractories Private Limited and 1 more | Managing Director | 10 Dec 2004 | 21 Years 10 Months | Current |
| Imtiyaz Aliji Nandolia | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Arif Ahmed Nandolia Also directs: Advatech Cera Tiles Limited | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
Ownership and Shareholding of Advatech Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Advatech Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2017 | Others | ₹9.95 Cr | Satisfied |
| 28 Mar 2014 | Idbi Bank Limited | ₹8.5 Cr | Satisfied |
| 17 Feb 2014 | Idbi Bank Limited | ₹8.5 Cr | Satisfied |
| 14 Aug 2010 | Hdfc Bank Limited | ₹5.5 Cr | Satisfied |
| 13 Mar 2005 | Axis Bank Limited | ₹2.57 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Advatech Industries Private Limited
Advatech Industries Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in February 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2010 | Funding round | ₹1 Cr | Investors: 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Advatech Industries Private Limited
Advatech Industries Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Advatech Industries Private Limited
Advatech Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 10 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Silica Floor Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Diamond Abrasives | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Sun Minerals | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Advatech Industries Private Limited
Advatech Industries operates one associated brand: Aventure Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality sodium silicate products for various industrial applications. | advatech.in |
Employees and EPFO Compliance at Advatech Industries Private Limited
Employment history and EPFO contributions of people linked to Advatech Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Advatech Industries Private Limited
Advatech Industries Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Rahil Salim Nandolia ceased to be Director on 19 Mar 2009.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Advatech Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Advatech Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Advatech Industries Private Limited
Advatech Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA2709R1ZF | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Advatech Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Advatech Industries Private Limited
Advatech Industries is an active private limited company based in Mehsana, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 01 December 2004 (22+ years old) and is registered under CIN U24110GJ2004PTC045074.
Advatech Industries reported revenue of ₹167.56 Cr for FY 2024 (down 5% YoY).
Advatech Industries has 3 current directors:
- Rahil Salim Nandolia - Managing Director
- Imtiyaz Aliji Nandolia - Director
- Arif Ahmed Nandolia - Director
Advatech Industries reported a net profit of ₹4.89 Cr (net margin 2.9%) and EBITDA of ₹7.41 Cr (EBITDA margin 4.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Advatech Industries is 15% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Advatech Industries is 24AAGCA2709R1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Advatech Industries is U24110GJ2004PTC045074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advatech Industries has 1 court case on record.
Advatech Industries was incorporated on 01 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Advatech Industries has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in February 2024.
The peers of Advatech Industries by revenue are Mobelchem Specialty Private Limited, Sealand Trading Exim Private Limited, Chemical Systems Technologies (India) Private Limited, Shreas Industries Limited, Dhariyal Polymers Pvt Ltd and 5 more, all in the Chemicals industry (Industrial Chemicals).
Rahil Salim Nandolia ceased to be Director on 19 Mar 2009. Rahil Salim Nandolia was appointed as Managing Director on 10 Dec 2004. Arif Ahmed Nandolia was appointed as Director on 01 Dec 2004. Advatech Industries has 4 board changes on record in total.