DPIIT recognised startup Government of India
Startup India
Alfe Chem India Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.49 Lakh
▼ 23% YoY
Net loss · FY 2025
₹12.06 Lakh
Net margin -23.9%
EBITDA · FY 2025
-₹11.89 Lakh
EBITDA margin -23.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Alfe Chem India Private Limited
Data last updated:
Alfe Chem India Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 11 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2018PTC307896. Its GSTIN is 27AAQCA7754C1ZF (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hetvi Ketan Sheth and Ketan Purshottam Sheth.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.49 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹12.06 Lakh (net margin -23.9%) and EBITDA of -₹11.89 Lakh (EBITDA margin -23.5%). Revenue has grown at a compounded annual rate (CAGR) of 903% over three years and 221% over five years.
The company is associated with 1 brand: Alfe Chem.
Alfe Chem India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0008356). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alfechem.com.
Company details
CIN U24299MH2018PTC307896
Registration Number 307896
Incorporation Date 11 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0008356
Recognitions & Rankings of Alfe Chem India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0008356
Contact details
Alfe Chem India Private Limited's registered office is in Mumbai, Maharashtra. Its website is alfechem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 3001 3002 3003 Oberoi Garden Premises Cooperative Society Ltd, Chandivali Farm Road Chandivali Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Alfe Chem India Private Limited, buy the company report.
Comprehensive company report
Alfe Chem India Private 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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Brands
Alfe Chem India operates one associated brand: Alfe Chem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers high-performance, eco-compatible fluids for metal foundry and industrial applications. | alfechem.com |
Business activity
The main business activity of Alfe Chem 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 Alfe Chem India Private Limited, buy the company report.
Financials of Alfe Chem India Private Limited
FY 2025 filings availableAlfe Chem India Private Limited reported revenue of ₹50.49 Lakh (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹50.49 Lakh ▼ 23%
Net loss · FY 2025
₹12.06 Lakh margin -23.9%
EBITDA · FY 2025
-₹11.89 Lakh margin -23.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 903%
5 years · compounded
▲ 221%
EBITDA CAGR growth
1 year
▼ 583%
3 years · compounded
▼ 100%
5 years · compounded
▼ 37%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 221%. EBITDA fell 583% 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 | -₹11.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.06 Lakh | ||||
| 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 | |||||
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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 | -23.5% | ||||
| Net Profit Margin | -23.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Alfe Chem India Private Limited, buy the company report.
Board of directors of Alfe Chem India Private Limited
Alfe Chem India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hetvi Ketan Sheth Also directs: Capequi Box Ventures Private Limited, Renny Strips Limited | Director | 11 Apr 2018 | 8 Years 7 Months | Current |
| Ketan Purshottam Sheth | Director | 11 Apr 2018 | 8 Years 7 Months | Current |
Peer comparison
Alfe Chem India Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Biren Dye-Chem Industries Private Limited | ₹50.64 Lakh (FY 2024) | 91.0% | Mumbai, Maharashtra, India | |||
| Alfe Chem India Private Limitedthis company | ₹50.49 Lakh (FY 2025) | -₹12.06 Lakh | -23.9% | -23.0% | Mumbai, Maharashtra, India | |
| Pandia Poly (OPC) Private Limited | ₹50.33 Lakh (FY 2025) | 137.0% | Faridabad, Haryana, India | |||
| Rajasthan Chemical and Glass Works Pvt Ltd | ₹50.2 Lakh (FY 2024) | -44.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Alfe Chem India Private Limited, buy the company report.
Auditor
Alfe Chem India Private Limited is audited by N P J & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N P J & Associates | FY 2023 | 169178 |
Shareholding
The shareholding of Alfe Chem 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 Alfe Chem India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Alfe Chem 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
No delayed payments to MSME suppliers are on our record for Alfe Chem India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alfe Chem India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA7754C1ZF | Maharashtra | Active | 24 Sep 2018 |
To see the full GST registrations and return filing status of Alfe Chem India Private Limited, buy the company report.
Recent activity
Alfe Chem India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Hetvi Ketan Sheth was appointed as Director on 11 Apr 2018.
AGM
Alfe Chem India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Alfe Chem India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Hetvi Ketan Sheth was appointed as Director.
Appointed
Ketan Purshottam Sheth was appointed as Director.
Incorporation
11 Apr 2018
Alfe Chem India Private Limited was registered on 11 Apr 2018 with Roc Mumbai & aged 8 years 7 months as per MCA records.
Frequently asked questions
Alfe Chem India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 11 April 2018 (8+ years old) and is registered under CIN U24299MH2018PTC307896.
Alfe Chem India has 2 current directors:
- Hetvi Ketan Sheth - Director
- Ketan Purshottam Sheth - Director
The latest financial statements of Alfe Chem 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 FY 2019 are in the company report.
The GSTIN of Alfe Chem India is 27AAQCA7754C1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Alfe Chem India is U24299MH2018PTC307896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alfe Chem India was incorporated on 11 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Alfe Chem India by revenue are Biren Dye-Chem Industries Private Limited, Pandia Poly (OPC) Private Limited, Rajasthan Chemical and Glass Works Pvt Ltd, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Hetvi Ketan Sheth was appointed as Director on 11 Apr 2018. Ketan Purshottam Sheth was appointed as Director on 11 Apr 2018.
Yes, Alfe Chem India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Alfe Chem India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0008356).
Alfe Chem India can be reached through the website alfechem.com. Its registered office is in Mumbai, Maharashtra, India.
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