About Aerol Formulations Private Limited
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Aerol Formulations Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 01 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PTC037541. Its GSTIN is 07AAACA0009N2ZZ (Delhi). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹7.7 Lakh. It is led by directors Sanjay Malhotra (Managing Director) and Amita Malhotra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H – 39 Bali Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.39 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹10.24 Cr (net margin 18.5%) and EBITDA of ₹14.23 Cr (EBITDA margin 25.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 20% over five years.
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Aerol Formulations. As per MCA filings, the company has satisfied charges of ₹70 Lakh on record. Court records list 42 cases involving the company, including 39 filed by the company and 3 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aerolgroup.com.
Company details
Contact details
Aerol Formulations Private Limited's registered office is in New Delhi, Delhi. Its website is aerolgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH – 39 Bali Nagar, New Delhi, Delhi, India – 110015
- IndustryChemicals and Materials, Petrochemicals & Derivatives, Specialty Chemicals
To see the full contact details of Aerol Formulations 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
Aerol Formulations operates one associated brand: Aerol Formulations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures aerosols, lubricants, and chemicals for industrial and maintenance needs. | aerolgroup.com |
Business activity
The main business activity of Aerol Formulations 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 Aerol Formulations Private Limited, buy the company report.
Financials of Aerol Formulations Private Limited
FY 2024 filings availableAerol Formulations Private Limited reported revenue of ₹55.39 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 11% growth in the latest year. EBITDA rose 24% 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 | ₹14.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.24 Cr | ||||
| Balance Sheet | |||||
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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 | 25.7% | ||||
| Net Profit Margin | 18.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aerol Formulations Private Limited, buy the company report.
Board of directors of Aerol Formulations Private Limited
Aerol Formulations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Malhotra Also directs: Aerotech India Private Limited | Managing Director | 01 Sep 1989 | 37 Years 2 Months | Current |
| Amita Malhotra Also directs: Aerotech India Private Limited | Director | 01 Sep 1989 | 37 Years 2 Months | Current |
Peer comparison
Aerol Formulations Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Formulations, Petrochemicals, Specialty 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 |
|---|---|---|---|---|---|---|
| Nandani Medical Laboratories Pvt Ltd | ₹55.89 Cr (FY 2024) | 37.0% | Indore, Madhya Pradesh, India | |||
| CS Performance Chemicals Private Limited | ₹55.72 Cr (FY 2025) | 0.0% | Dahej, Gujarat, India | |||
| Irrh Specialty Chemicals India Limited | ₹55.69 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Aerol Formulations Private Limitedthis company | ₹55.39 Cr (FY 2025) | ₹10.24 Cr | 18.5% | 11.0% | 24 | New Delhi, Delhi, India |
| Pandj Cretechem Private Limited | ₹55.32 Cr (FY 2024) | 0.0% | Hyderabad, Telangana, India | |||
| Apcotex Solutions India Private Limited | ₹55.24 Cr (FY 2016) | Taloja, Maharashtra, India | ||||
| Ultramarine Specialty Chemicals Limited | ₹55.2 Cr (FY 2025) | 46.0% | Chennai, Tamil Nadu, India | |||
| Sndev Healthcare Limited | ₹55.17 Cr (FY 2025) | 14.0% | Kandivlai West, Maharashtra, India |
To see the full peer comparison of Aerol Formulations Private Limited, buy the company report.
Auditor
Aerol Formulations Private Limited is audited by KUMAR VIRENDER & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR VIRENDER & ASSOCIATES | FY 2023 | 088326 |
Shareholding
The shareholding of Aerol Formulations 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 Aerol Formulations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2008 | 10125253 | Others | ₹50 Lakh | Satisfied | |
| 29 Jun 2005 | 90051653 | Bank of Punjab Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Aerol Formulations Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aerol Formulations Private Limited has 42 court cases on record: 39 filed by Aerol Formulations, 3 filed against it. 4 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 1 | 3 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed by the company against M/S Elvi Bardahl India P. Ltd. | Pending |
| District court, West, Delhi | Court case (M-Ex) | Filed by the company against Paradise Plastics Enterprises Ltd | Disposed |
| District court, West, Delhi | Court case (RCA DJ) | Filed against the company by M/S Paradise Plastics Enterprises Ltd | Disposed |
| District court, West, Delhi | Execution petition | Filed by the company against Paradise Plastics Enterprises Ltd | Disposed |
| District court, West, Delhi | Execution petition | Filed by the company against K Three Electronics Pvt Ltd | Disposed |
To see the full case history of Aerol Formulations 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
Aerol Formulations Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Glossy Color and Paints Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Aerol Formulations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Aerol Formulations has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aerotech India Private Limited | U51496DL1996PTC077685 |
To see the full group structure of Aerol Formulations Private Limited, buy the company report.
Employees & EPFO
Aerol Formulations Private Limited has a workforce of 24 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Aerol Formulations has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA0009N2ZZ | Delhi | Active | 01 Jun 2018 |
| 06AAACA0009N1Z2 | Haryana | Active | 01 Jul 2017 |
| 29AAACA0009N1ZU | Karnataka | Active | 04 Sep 2023 |
| 27AAACA0009N1ZY | Maharashtra | Active | 04 Jan 2024 |
To see the full GST registrations and return filing status of Aerol Formulations Private Limited, buy the company report.
Recent activity
Aerol Formulations Private Limited has 6 board changes on record since 1989: 3 appointments and 3 cessations. The latest: Amita Malhotra ceased to be Whole-Time Director on 01 Apr 2020.
2 earlier events are in the company report.
Frequently asked questions
Aerol Formulations is an active private limited company based in New Delhi, Delhi, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 01 September 1989 (37+ years old) and is registered under CIN U74899DL1989PTC037541.
Aerol Formulations has 2 current directors:
- Sanjay Malhotra - Managing Director
- Amita Malhotra - Director
The latest financial statements of Aerol Formulations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aerol Formulations is 07AAACA0009N2ZZ, registered in Delhi. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAACA0009N1Z2 (Haryana), 29AAACA0009N1ZU (Karnataka), 27AAACA0009N1ZY (Maharashtra).
The CIN (Corporate Identification Number) of Aerol Formulations is U74899DL1989PTC037541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aerol Formulations has 42 court cases on record: 39 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Aerol Formulations was incorporated on 01 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Aerol Formulations by revenue are Nandani Medical Laboratories Pvt Ltd, CS Performance Chemicals Private Limited, Irrh Specialty Chemicals India Limited, Pandj Cretechem Private Limited, Apcotex Solutions India Private Limited and 2 more, all in the Chemicals industry (Formulations, Petrochemicals, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Amita Malhotra ceased to be Whole-Time Director on 01 Apr 2020. Parnika Malhotra was appointed as Director on 01 Jun 2016. Sanjay Malhotra ceased to be Director on 01 Apr 2015. Aerol Formulations has 6 board changes on record in total.
Aerol Formulations has 13 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 29 micro and small suppliers. The latest return was filed on 05 Dec 2023.
Aerol Formulations can be reached through the website aerolgroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Aerol Formulations is at H – 39 Bali Nagar, New Delhi, Delhi, India – 110015.
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