MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-03-0016059
Algol Chemicals India Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹172.74 Cr
▲ 12% YoY
Net profit · FY 2025
₹2.56 Cr
Net margin 1.5%
EBITDA · FY 2025
₹4.73 Cr
EBITDA margin 2.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹25.28 Lakh
Issued & subscribed
Open charges
₹20.09 Lakh
Satisfied ₹11 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
43
Provident fund records
About Algol Chemicals India Private Limited
Data last updated:
Algol Chemicals India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Algol Chemicals Oy. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 08 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1996PTC101720. Its GSTIN is 27AAACB4731G1ZZ (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25.28 Lakh. It was formerly known as Dynamic Orbits Advisory Private Limited and Brajeshwar Investrade Private Limited. It is led by directors including Sudhir Gupta and Antti Juhani Aromaa.
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 419 4th Floor Omkar The Summit Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹172.74 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.56 Cr (net margin 1.5%) and EBITDA of ₹4.73 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 19% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Algol Chemicals. As per MCA filings, the company has open charges of ₹20.09 Lakh and satisfied charges of ₹11 Cr on record. Court records list 32 cases involving the company, including 26 filed by the company and 6 filed against it; 5 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹70 Lakh; the latest was in January 2016. Its 8 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 4 smaller; the largest is G.T. Jayanti Agrochem (India) Private Limited with revenue of ₹176.07 Cr.
Algol Chemicals India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0016059). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algolchemicals.com.
Company details
CIN U67120MH1996PTC101720
Registration Number 101720
Incorporation Date 08 August 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Algol Chemicals Oy
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-03-0016059
Name history
Algol Chemicals India has undergone 2 name changes throughout its history. The company was previously known as Dynamic Orbits Advisory Private Limited, and Brajeshwar Investrade Private Limited. The current legal name is Algol Chemicals India Private Limited.
| Company Name | Status |
|---|---|
| Algol Chemicals India Private Limited | Current |
| Dynamic Orbits Advisory Private Limited | Previous |
| Brajeshwar Investrade Private Limited | Previous |
Key People
Sudhir Gupta Director Antti Juhani Aromaa Additional Director Juris Avotins Additional Director Recognitions & Rankings of Algol Chemicals India
Contact details
Algol Chemicals India Private Limited's registered office is in Mumbai, Maharashtra. Its website is algolchemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address419 4th Floor Omkar The Summit Business Park, Near Western Express Highway Metro Station Andheri – Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Algol Chemicals India Private Limited, buy the company report.
Comprehensive company report
Algol Chemicals 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
Algol Chemicals India operates one associated brand: Algol Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplies chemical raw materials and logistics services to various industrial sectors. | algolchemicals.com |
Business activity
The main business activity of Algol Chemicals India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Algol Chemicals India Private Limited, buy the company report.
Financials of Algol Chemicals India Private Limited
FY 2025 filings availableAlgol Chemicals India Private Limited reported revenue of ₹172.74 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹172.74 Cr ▲ 12%
Net profit · FY 2025
₹2.56 Cr margin 1.5%
EBITDA · FY 2025
₹4.73 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 6%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 19%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 12% growth in the latest year. EBITDA fell 29% 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 | ₹4.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.56 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Algol Chemicals India Private Limited, buy the company report.
Board of directors of Algol Chemicals India Private Limited
Algol Chemicals India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Gupta Also directs: Magsort India Private Limited, U-Mei Electronics Private Limited | Director | 21 Jun 2021 | 5 Years 4 Months | Current |
| Antti Juhani Aromaa | Additional Director | 19 Apr 2025 | 1 Years 6 Months | Current |
| Juris Avotins | Additional Director | 14 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Algol Chemicals India Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G.T. Jayanti Agrochem (India) Private Limited | ₹176.07 Cr (FY 2025) | 15.0% | Chennai, Tamil Nadu, India | |||
| Gowra Petrochem Private Limited | ₹174.97 Cr (FY 2024) | 136.0% | Secunderabad, Telangana, India | |||
| Jai Ravechi Chemicals Private Limited | ₹174.84 Cr (FY 2025) | 74.0% | Gandhidham, Gujarat, India | |||
| Anzen Exports Private Limited | ₹173.73 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Algol Chemicals India Private Limitedthis company | ₹172.74 Cr (FY 2025) | ₹2.56 Cr | 1.5% | 12.0% | 43 | Mumbai, Maharashtra, India |
| HG Chemicle Private Limited | ₹172.43 Cr (FY 2024) | 280.0% | Hyderabad, Telangana, India | |||
| Tasc Chemicals Industries Private Limited | ₹170.77 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Avron Chemicals Private Limited | ₹170.13 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Graphic Trades Private Limited | ₹168.78 Cr (FY 2025) | 68.0% | Patna, Bihar, India |
To see the full peer comparison of Algol Chemicals India Private Limited, buy the company report.
Auditor
Algol Chemicals India Private Limited is audited by LOCHAN & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOCHAN & Co | FY 2022 | 008019N |
Shareholding
The shareholding of Algol Chemicals 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 Algol Chemicals India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.09 Lakh
Satisfied charges
₹11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2023 | 100736583 | Hdfc Bank Limited | ₹20.09 Lakh | Open | |
| 21 Jun 2006 | 10010426 | Bank of India | ₹11 Cr | Satisfied |
To see the full charge records of Algol Chemicals India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Algol Chemicals India Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹70 Lakh; the latest was in January 2016.
Total deals
6
Secondary share transfers
4
Funding round
1
Acquisition
1
Disclosed funding
₹70 Lakh
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: Algol Chemicals AB, Algol Chemicals Oy Seller: Amit Capital and Securities Pvt Ltd , an individual |
| Dec 2015 | Acquisition | Undisclosed | Buyer: Amit Capital and Securities Pvt Ltd Seller: Anand Rathi HUF, 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Anand Rathi HUF Seller: N K Rathi HUF, 2 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Knowledge Age Technologies Private Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Amit Capital and Securities Pvt Ltd Seller: 2 individuals |
To see the full deal history of Algol Chemicals India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Algol Chemicals India Private Limited has 32 court cases on record: 26 filed by Algol Chemicals India, 6 filed against it. 5 cases are pending and 27 are disposed.
Total cases
32
Filed by the company
26
Filed against the company
6
Pending
5
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 0 | 5 |
| High courts | 6 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (RCA DJ) | Filed by the company against Shri RNS Chemicals LLP | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Phoenix Refrigeration Pvt Ltd | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against Liberty Paint Coating India Private Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Vijay Aqua Pipes Pvt Ltd and Ors | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Shri RNS Chemicals LLP and Ors | Disposed |
To see the full case history of Algol Chemicals India 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
No delayed payments to MSME suppliers are on our record for Algol Chemicals India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Algol Chemicals India Private Limited has a workforce of 43 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
16.22%
GST
Algol Chemicals India has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4731G1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 33AAACB4731G1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
| 07AAACB4731G2Z0 | Delhi | Active | 03 Aug 2017 |
| 07AAACB4731G3ZZ | Delhi | Active | 06 Aug 2019 |
To see the full GST registrations and return filing status of Algol Chemicals India Private Limited, buy the company report.
Recent activity
Algol Chemicals India Private Limited has 14 board changes on record since 2009: 3 appointments and 11 cessations. The latest: Juris Avotins was appointed as Additional Director on 14 May 2025.
AGM
Algol Chemicals India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Juris Avotins was appointed as Additional Director.
Appointed
Antti Juhani Aromaa was appointed as Additional Director.
Filing
Algol Chemicals India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100736583 was registered on 08 Jun 2023.
Ceased
Sudhir Gupta ceased to be Additional Director.
Ceased
Milind Agarwal ceased to be Director.
Appointed
Sudhir Gupta was appointed as Director.
Ceased
Juha Onni Jokinen ceased to be Director.
Ceased
Praveen Agarwal ceased to be Director.
Ceased
Pulok Roy ceased to be Additional Director.
Charges
A charge registered on 21 Jun 2006 via Charge ID 10010426 with Bank Of India was fully satisfied on 28 Jul 2017.
9 earlier events are in the company report.
Frequently asked questions
Algol Chemicals India is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 08 August 1996 (30+ years old) and is registered under CIN U67120MH1996PTC101720.
Algol Chemicals India has 3 current directors:
- Sudhir Gupta - Director
- Antti Juhani Aromaa - Additional Director
- Juris Avotins - Additional Director
The latest financial statements of Algol Chemicals 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 2015 are in the company report.
The GSTIN of Algol Chemicals India is 27AAACB4731G1ZZ, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACB4731G1Z6 (Tamil Nadu), 07AAACB4731G2Z0 (Delhi), 07AAACB4731G3ZZ (Delhi).
The CIN (Corporate Identification Number) of Algol Chemicals India is U67120MH1996PTC101720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algol Chemicals India has 32 court cases on record: 26 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Algol Chemicals India was incorporated on 08 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Algol Chemicals India has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹70 Lakh; the latest was in January 2016.
The peers of Algol Chemicals India by revenue are G.T. Jayanti Agrochem (India) Private Limited, Gowra Petrochem Private Limited, Jai Ravechi Chemicals Private Limited, Anzen Exports Private Limited, HG Chemicle Private Limited and 3 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Juris Avotins was appointed as Additional Director on 14 May 2025. Antti Juhani Aromaa was appointed as Additional Director on 19 Apr 2025. Sudhir Gupta ceased to be Additional Director on 29 Nov 2021. Algol Chemicals India has 14 board changes on record in total.
Yes, Algol Chemicals India is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-03-0016059).
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