About Amrit Polychem Limited
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Amrit Polychem Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 28 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2012PLC228844. Its GSTIN is 27AAKCA4057E1ZR (Maharashtra). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹17.02 Cr. It is led by directors including Bakhai Mukesh Amritlal (Managing Director) and Akshar Mukesh Bakhai.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹415.08 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹21.85 Cr (net margin 5.3%) and EBITDA of ₹32.31 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹83 Cr and satisfied charges of ₹32 Cr on record. Court records list 24 cases involving the company, including 16 filed by the company and 8 filed against it; 14 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹54.2 Lakh; the latest was in May 2023. Its 3 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 1 smaller; the largest is Nandolia Organic Chemicals Private Limited with revenue of ₹426.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amritpolychem.com.
Company details
CIN history
Amrit Polychem has one previous CIN (Corporate Identification Number): U24233MH2012PTC228844. The current CIN is U24233MH2012PLC228844, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24233MH2012PLC228844 | Current |
| U24233MH2012PTC228844 | Previous |
Contact details
Amrit Polychem Limited's registered office is in Mumbai, Maharashtra. Its website is amritpolychem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressParinee I Office No/ 1611 – 1612 Cts No.844/8 7 – A Shah Industrial Estate, Off New Link Road Behind Yash Raj Studio Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Amrit Polychem 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
Business activity
The main business activity of Amrit Polychem 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 Amrit Polychem Limited, buy the company report.
Financials of Amrit Polychem Limited
FY 2024 filings availableAmrit Polychem Limited reported revenue of ₹415.08 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 5% growth in the latest year. EBITDA rose 59% 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 | ₹32.31 Cr | ||||
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| Net Profit (PAT) | ₹21.85 Cr | ||||
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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 | 7.8% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Amrit Polychem Limited, buy the company report.
Board of directors and KMP of Amrit Polychem Limited
Amrit Polychem Limited currently reports 6 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshar Mukesh Bakhai Also directs: Villa Lamaark LLP | Director | 28 Mar 2012 | 14 Years 6 Months | Current |
| Punit Kumar Goyal Also directs: Goyal & Shah LLP | Director | 13 Jun 2025 | 1 Years 4 Months | Current |
| Bakhai Mukesh Amritlal Also directs: Villa Lamaark LLP | Managing Director | 28 Mar 2012 | 14 Years 6 Months | Current |
| Ranjit Kumar Mahto Also directs: Gyansutra Foundation | Company Secretary | 13 Jun 2025 | 1 Years 4 Months | Current |
| Amit Vitthaldas Darji | Director | 13 Jun 2025 | 1 Years 4 Months | Current |
| Ambrish Mukesh Bakhai Also directs: Villa Lamaark LLP | Director | 28 Mar 2012 | 14 Years 6 Months | Current |
Peer comparison
Amrit Polychem 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 |
|---|---|---|---|---|---|---|
| Nandolia Organic Chemicals Private Limited | ₹426.15 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Niknam Chemicals Private Limited | ₹422.52 Cr (FY 2025) | 38.0% | New Delhi, Delhi, India | |||
| Amrit Polychem Limitedthis company | ₹415.08 Cr (FY 2025) | ₹21.85 Cr | 5.3% | 5.0% | Mumbai, Maharashtra, India | |
| Herbochem Industries Private Limited | ₹379.79 Cr (FY 2025) | -10.0% | Barabanki, Uttar Pradesh, India |
To see the full peer comparison of Amrit Polychem Limited, buy the company report.
Auditor
Amrit Polychem Limited is audited by B P L Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P L Associates | FY 2023 | 116803W |
Shareholding
The shareholding of Amrit Polychem 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 Amrit Polychem Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2023 | 100711615 | Others | ₹9 Cr | Open | |
| 31 Jan 2022 | 100533526 | Others | ₹54.5 Cr | Open | |
| 29 Oct 2018 | 100225106 | Axis Bank Limited | ₹19.5 Cr | Open | |
| 19 Oct 2012 | 10390914 | Indian Overseas Bank | ₹32 Cr | Satisfied |
To see the full charge records of Amrit Polychem Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Amrit Polychem Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹54.2 Lakh; the latest was in May 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Seller: an individual |
| Oct 2018 | Rights issue | ₹1.23 Cr | Investors: 4 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Sep 2013 | Funding round | ₹54.2 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Amrit Polychem Limited has 24 court cases on record: 16 filed by Amrit Polychem, 8 filed against it. 14 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 4 | 14 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Burhani Polychem Pvt Ltd. and 4 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Prima Telecom Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company by an individual | Pending |
To see the full case history of Amrit Polychem 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.
Credit ratings & regulatory alerts
Amrit Polychem Limited was last rated by Crisil on 30 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jan 2020 |
To see the full credit ratings and regulatory alerts of Amrit Polychem Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Amrit Polychem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Amrit Polychem has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA4057E1ZR | Maharashtra | Active | 01 Jul 2017 |
| 06AAKCA4057E1ZV | Haryana | Active | 01 Jul 2017 |
| 09AAKCA4057E1ZP | Uttar Pradesh | Active | 05 Aug 2022 |
| 24AAKCA4057E2ZW | Gujarat | Active | 18 Jul 2024 |
To see the full GST registrations and return filing status of Amrit Polychem Limited, buy the company report.
Recent activity
Amrit Polychem Limited has 13 board changes on record since 2012: 7 appointments and 6 cessations. The latest: Amit Vitthaldas Darji ceased to be Additional Director on 30 Jul 2025.
12 earlier events are in the company report.
Frequently asked questions
Amrit Polychem is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 28 March 2012 (14+ years old) and is registered under CIN U24233MH2012PLC228844.
Amrit Polychem has 7 current directors and KMP:
- Bakhai Mukesh Amritlal - Managing Director
- Akshar Mukesh Bakhai - Director
- Punit Kumar Goyal - Director
- Amit Vitthaldas Darji - Director
- Ambrish Mukesh Bakhai - Director
- Vandana Vershi Dodhia - Director
- Ranjit Kumar Mahto - Company Secretary
The latest financial statements of Amrit Polychem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Amrit Polychem is 27AAKCA4057E1ZR, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAKCA4057E1ZV (Haryana), 09AAKCA4057E1ZP (Uttar Pradesh), 24AAKCA4057E2ZW (Gujarat).
The CIN (Corporate Identification Number) of Amrit Polychem is U24233MH2012PLC228844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amrit Polychem has 24 court cases on record: 16 filed by the company and 8 filed against it. 14 are pending. Most are in the district courts.
Amrit Polychem was incorporated on 28 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Amrit Polychem has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹54.2 Lakh; the latest was in May 2023.
The peers of Amrit Polychem by revenue are Nandolia Organic Chemicals Private Limited, Niknam Chemicals Private Limited, Herbochem Industries Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Amit Vitthaldas Darji ceased to be Additional Director on 30 Jul 2025. Punit Kumar Goyal ceased to be Additional Director on 30 Jul 2025. Vandana Vershi Dodhia ceased to be Additional Director on 30 Jul 2025. Amrit Polychem has 13 board changes on record in total.
Amrit Polychem can be reached through the website amritpolychem.com. Its registered office is in Mumbai, Maharashtra, India.