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Amal Limited - Company Profile

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1974.

1974 | Mumbai, Maharashtra, India | Active
Last Updated:

About Amal Limited

Amal Limited, a active public limited company, was established on 04 July 1974 in Mumbai, Maharashtra, India. Engaging in industrial chemicals within the manufacturing sector, it holds CIN: L24100MH1974PLC017594. Registered under ROC Roc Mumbai. it is listed on BSE: 506597. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹12.36 Cr.

Formerly known as Piramal Rasayan Limited. It upholds a compliant status. In 2023, it reported revenue of ₹43.19 Cr and a net worth of ₹86.91 Cr. Employing 32 professional, Its leadership includes Rajeev Kumar (Managing Director), Sunil Siddharth Lalbhai (Director), Jyotin Kantilal Mehta (Director). Past directors included Naresh Chand Singhal, Arvind Nemchand Chhajer, Suresh Kalra. It holds ₹5.50 Cr open charges and ₹83.99 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at 309, Veer Savarkar Marg, Opp. India United Mills, Nr. Prabhadevi Telephone Exchange, Dadar, (West),, Mumbai, Maharashtra, 400028.

Company Details

  • CIN/LLPIN

    L24100MH1974PLC017594

  • Registration Number

    017594

  • Incorporation Date

    04 July 1974

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹12.36 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 506597)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.36 Cr
  • Company Age 51 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.50 Cr
  • Satisfied Charges ₹ 83.99 Cr
  • Revenue Growth -4.65%
  • Profit Growth -69.97%
  • Ebitda -104.68%
  • Net Worth 136.31%
  • Total Assets 102.85%
Company report

Amal Limited

Company Report FY 2025-2026

Explore comprehensive insights into Amal Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Amal Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajeev KumarManaging Director24 Mar 2017Current
Sunil Siddharth LalbhaiDirector21 Jan 2010Current
Jyotin Kantilal MehtaDirector22 Apr 2022Current
Venkatraman SrinivasanDirector01 Feb 2024Current
Drushti Rahul DesaiDirector01 Feb 2024Current
Deepali Chirag ShethDirector01 Feb 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director24 Sep 2010Past
Pramod AbcsddCompany Secretary04 Feb 2015Past
Pramod AbcsddCfo(Kmp)13 Jan 2018Past
Pramod AbcsddManaging Director11 Jul 2015Past
Pramod AbcsddAdditional Director09 Aug 2011Past
Pramod AbcsddDirector03 Feb 2011Past

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Financial Performance of Amal.

Amal Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.65% decrease. The company also saw a substantial fall in profitability, with a 69.97% decrease in profit. The company's net worth Soared by an impressive increase of 136.31%.

Amal revenue growth over time
Amal profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.65%
Revenue from Operations
-9.93%
Total Assets
102.85%
Profit or Loss
-69.97%
Net Worth
136.31%
EBITDA
-104.68%

What is the Ownership and Shareholding Structure of Amal?

In 2023, Amal had a promoter holding of 71.33% and a public holding of 28.68%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹55,000,000.00

Satisfied Charges

₹839,866,607.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.00 Cr
  • Gujrat State Financial Corporation Limited : 0.60 Cr
  • Gujrat Industrial Investment Corporation Limited. : 0.60 Cr
  • Gujrat State Financial Corporation : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2021Axis Bank Limited₹4.00 CrOpen
03 Oct 1999Gujrat State Financial Corporation Limited₹6.00 MOpen
29 Jan 1980Gujrat State Financial Corporation₹3.00 MOpen
03 Oct 1979Gujrat Industrial Investment Corporation Limited.₹6.00 MOpen
27 Dec 2002Export-Import Bank Of India₹10.00 CrSatisfied

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How Many Employees Work at Amal?

Amal has a workforce of 32 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Amal Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amal, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Amal's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Amal

Recent Activity within the Organization

  • Annual General Meeting

    Amal Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Mahabaleshwar Ganpat Palekar was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 4 months 3 days . was completed.

  • Balance Sheet

    Amal Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Venkatraman Srinivasan was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 10 months . was documented.

  • Director Appointment

    Progress on Drushti Rahul Desai was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 10 months . was documented.

  • Director Appointment

    Progress on Deepali Chirag Sheth was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 10 months . was documented.

Frequently Asked Questions

  • What is the CIN of Amal Limited?

    The CIN of Amal Limited is L24100MH1974PLC017594.

  • Where is Amal Limited headquartered?

    Amal Limited is headquartered at 309, Veer Savarkar Marg, Opp. India United Mills, Nr. Prabhadevi Telephone Exchange, Dadar, (West),, Mumbai, Maharashtra, 400028.

  • When was Amal Limited incorporated?

    Amal Limited was incorporated on 04 July 1974.

  • Who are the current directors of Amal Limited?

    The current directors of Amal Limited are

  • What is the primary industry of Amal Limited?

    The primary industry of Amal Limited is Manufacturing.

  • Is Amal Limited a listed company?

    Amal Limited is listed. It is listed on BSE: 506597.

  • What is the capital structure of Amal Limited?

    The authorized capital of Amal Limited is ₹25.00 Cr, and the paid-up capital is ₹12.36 Cr.

  • What is the compliance status of Amal Limited?

    The compliance status of Amal Limited is Compliant.

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