MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0016415
Altret Industries Private Limited - chemicals and materials in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.82 Cr
▲ 10% YoY
Net profit · FY 2025
₹23.71 Lakh
Net margin 2.4%
EBITDA · FY 2025
₹63.26 Lakh
EBITDA margin 6.4%
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹5.71 Cr
Issued & subscribed
Open charges
₹4.96 Cr
Satisfied ₹4.55 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
50
Provident fund records
About Altret Industries Private Limited
Data last updated:
Altret Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 09 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ2004PTC044442. Its GSTIN is 24AAECA7918E1ZV (Gujarat).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹5.71 Cr. It was formerly known as Altret Performance Chemicals Gujarat Private Limited. It is led by directors including Akbar Bakirbhai Lokhandwala (Managing Director) and Shabnam Akbar Lokhandwala (Whole-Time Director).
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 12 2881 Saiyedpura Main Roadsaiyendpura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.82 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹23.71 Lakh (net margin 2.4%) and EBITDA of ₹63.26 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Altret. As per MCA filings, the company has open charges of ₹4.96 Cr and satisfied charges of ₹4.55 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Altret Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0016415). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altret.com.
Company details
CIN U24299GJ2004PTC044442
Registration Number 044442
Incorporation Date 09 July 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0016415
Key People
Akbar Bakirbhai Lokhandwala Managing Director Shabnam Akbar Lokhandwala Whole-Time Director Mohemed Khadubhai Rupawala Whole-Time Director Recognitions & Rankings of Altret Industries
Contact details
Altret Industries Private Limited's registered office is in Surat, Gujarat. Its website is altret.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12 2881 Saiyedpura Main Roadsaiyendpura, Surat, Gujarat, India – 395003
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Altret Industries Private Limited, buy the company report.
Comprehensive company report
Altret Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Altret Industries operates one associated brand: Altret. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying water treatment chemicals and hygiene products. | altret.com |
Business activity
The main business activity of Altret Industries 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 Altret Industries Private Limited, buy the company report.
Financials of Altret Industries Private Limited
FY 2025 filings availableAltret Industries Private Limited reported revenue of ₹9.82 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹9.82 Cr ▲ 10%
Net profit · FY 2025
₹23.71 Lakh margin 2.4%
EBITDA · FY 2025
₹63.26 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 13%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 10% growth in the latest year. EBITDA rose 22% 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 | ₹63.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.71 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 | |||||
| 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 | 6.4% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Altret Industries Private Limited, buy the company report.
Board of directors of Altret Industries Private Limited
Altret Industries has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shabnam Akbar Lokhandwala Also directs: Altret Greenfuels Limited | Whole-Time Director | 29 Sep 2012 | 14 Years 1 Months | Current |
| Akbar Bakirbhai Lokhandwala Also directs: Altret Greenfuels Limited, Altret Chemicals Private Limited | Managing Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Mohemed Khadubhai Rupawala | Whole-Time Director | 17 Aug 2012 | 14 Years 2 Months | Current |
| Ruby Sunny Gajjar Also directs: Altret Greenfuels Limited | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Altret Industries Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Mahaveer Sodiums Private Limited | ₹9.91 Cr (FY 2025) | -18.0% | Jaipur, Rajasthan, India | |||
| Rochem (India) Private Limited | ₹9.89 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Seelam Laboratories Private Limited | ₹9.84 Cr (FY 2024) | 100.0% | Hyderabad, Telangana, India | |||
| Altret Industries Private Limitedthis company | ₹9.82 Cr (FY 2025) | ₹23.71 Lakh | 2.4% | 10.0% | 50 | Surat, Gujarat, India |
| Pacific Orgochem Limited | ₹9.79 Cr (FY 2025) | 20.0% | Delhi, India | |||
| Emparco Chemicals Private Limited | ₹9.79 Cr (FY 2016) | -11.0% | Ahmedabad, Gujarat, India | |||
| Mars - Chemie Private Limited | ₹9.79 Cr (FY 2025) | 41.0% | Mumbai, Maharashtra, India | |||
| Trucare Hygiene (India) Private Limited | ₹9.78 Cr (FY 2024) | 13.0% | Thane, Maharashtra, India |
To see the full peer comparison of Altret Industries Private Limited, buy the company report.
Auditor
Altret Industries Private Limited is audited by GHEEWALA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHEEWALA AND CO | FY 2023 | 115746W |
Shareholding
The shareholding of Altret Industries 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 Altret Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.96 Cr
Satisfied charges
₹4.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2010 | 10259785 | Axis Bank Limited | ₹2.48 Cr | Open | |
| 29 Oct 2010 | 10260766 | Axis Bank Limited | ₹2.48 Cr | Open | |
| 31 Dec 2005 | 80054624 | The Surat Peoples Co-Operative Bank Limited | ₹5.25 Lakh | Satisfied | |
| 17 Sep 2004 | 80007663 | Surat People'S Co-Op Bank Limited | ₹1.5 Cr | Satisfied | |
| 17 Sep 2004 | 80007789 | Surat People'S Co-Operative Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Altret Industries Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Altret Industries Private Limited has 2 court cases on record: 2 filed by Altret Industries. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Court case (OJA) | Filed by the company against individuals | Disposed |
To see the full case history of Altret Industries 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
Altret Industries Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 91 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aquaquest Water Tratment Chemicals | |||
| an individual supplier | |||
| an individual supplier | |||
| Goldcoin Plastic (India) | |||
| Pollucon Laboratories Private Limited |
To see the full MSME payment records of Altret Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Altret Industries Private Limited has a workforce of 50 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-3.85%
GST
Altret Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA7918E1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Altret Industries Private Limited, buy the company report.
Recent activity
Altret Industries Private Limited has 15 board changes on record since 2005: 4 appointments and 11 cessations. The latest: Ruby Sunny Gajjar ceased to be Additional Director on 30 Sep 2018.
Charges
A charge with Axis Bank Limited of Rs. 2.48 Cr registered on 14 Dec 2010 with Charge ID 10259785 was modified on 17 Dec 2025.
Charges
A charge with Axis Bank Limited of Rs. 2.48 Cr registered on 29 Oct 2010 with Charge ID 10260766 was modified on 17 Dec 2025.
AGM
Altret Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Altret Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ruby Sunny Gajjar ceased to be Additional Director.
Appointed
Ruby Sunny Gajjar was appointed as Director.
Ceased
Divya Bharatkumar Zaveri ceased to be Company Secretary.
Ceased
Mohemed Khadubhai Rupawala ceased to be Additional Director.
Appointed
Shabnam Akbar Lokhandwala was appointed as Whole-Time Director.
Appointed
Mohemed Khadubhai Rupawala was appointed as Whole-Time Director.
Ceased
Raj Sam Lokhandwala ceased to be Director.
Ceased
Sam Bakirbhai Lokhandwala ceased to be Director.
21 earlier events are in the company report.
Frequently asked questions
Altret Industries is an active private limited company based in Surat, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 09 July 2004 (22+ years old) and is registered under CIN U24299GJ2004PTC044442.
Altret Industries has 4 current directors:
- Akbar Bakirbhai Lokhandwala - Managing Director
- Shabnam Akbar Lokhandwala - Whole-Time Director
- Mohemed Khadubhai Rupawala - Whole-Time Director
- Ruby Sunny Gajjar - Director
The latest financial statements of Altret Industries 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 Altret Industries is 24AAECA7918E1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Altret Industries is U24299GJ2004PTC044442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altret Industries has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Altret Industries was incorporated on 09 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Altret Industries by revenue are Mahaveer Sodiums Private Limited, Rochem (India) Private Limited, Seelam Laboratories Private Limited, Pacific Orgochem Limited, Emparco Chemicals Private Limited and 2 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ruby Sunny Gajjar ceased to be Additional Director on 30 Sep 2018. Ruby Sunny Gajjar was appointed as Director on 01 Jan 2018. Divya Bharatkumar Zaveri ceased to be Company Secretary on 31 Oct 2015. Altret Industries has 15 board changes on record in total.
Yes, Altret Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0016415).
Altret Industries has 6 MSME Form 1 returns on record between 2019 and 2023, listing 91 overdue payments to 22 micro and small suppliers. The latest return was filed on 26 Aug 2023.
Altret Industries can be reached through the website altret.com. Its registered office is in Surat, Gujarat, India.