- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0052828

About Associated Finechem Private Limited
Data last updated:
Associated Finechem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 24 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24116GJ2004PTC043838. Its GSTIN is 24AAECA9780A1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pradip Ramanlal Patel and Dinesh Ramanbhai Patel.
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 78 Surdhara Bunglowsdrive In Road Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.4 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹33.22 Lakh (net margin 1.6%) and EBITDA of ₹90.34 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jaydinesh. As per MCA filings, the company has open charges of ₹1.37 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Associated Finechem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0052828). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jaydinesh.com.
Company details
Recognitions & Rankings of Associated Finechem
Contact details
Associated Finechem Private Limited's registered office is in Ahmedabad, Gujarat. Its website is jaydinesh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address78 Surdhara Bunglowsdrive In Road Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Associated Finechem Private 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
Brands
Associated Finechem operates one associated brand: Jaydinesh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and supplies industrial chemicals for agriculture, pharmaceuticals, and other sectors. | jaydinesh.com |
Business activity
The main business activity of Associated Finechem 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 Associated Finechem Private Limited, buy the company report.
Financials of Associated Finechem Private Limited
FY 2025 filings availableAssociated Finechem Private Limited reported revenue of ₹20.4 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 1% growth in the latest year. EBITDA rose 2% 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 | ₹90.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.22 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 | 4.4% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Associated Finechem Private Limited, buy the company report.
Board of directors of Associated Finechem Private Limited
Associated Finechem has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Ramanlal Patel | Director | 24 Mar 2004 | 22 Years 7 Months | Current |
| Dinesh Ramanbhai Patel | Director | 18 May 2015 | 11 Years 5 Months | Current |
| Jayshree Dineshbhai Patel | Director | 18 May 2015 | 11 Years 5 Months | Current |
| Prashant Pradip Patel Also directs: Mealantre Hospitality Private Limited | Director | 01 Apr 2007 | 19 Years 7 Months | Current |
| Chaitali Brijesh Patel | Director | 01 Apr 2009 | 17 Years 7 Months | Current |
| Ginal Prashant Patel | Director | 01 Apr 2009 | 17 Years 7 Months | Current |
Peer comparison
Associated Finechem Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Specialty 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 |
|---|---|---|---|---|---|---|
| Bhakti Chemicals Private Limited | ₹20.62 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Associated Finechem Private Limitedthis company | ₹20.4 Cr (FY 2025) | ₹33.22 Lakh | 1.6% | 1.0% | 44 | Ahmedabad, Gujarat, India |
| GMK Labs Private Limited | ₹20.38 Cr (FY 2025) | -34.0% | Secunderabad, Telangana, India | |||
| Stratechem (India) Private Limited | ₹20.2 Cr (FY 2024) | 17.0% | Mumbai, Maharashtra, India | |||
| Goldripe International Private Limited | ₹20.11 Cr (FY 2024) | 2.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Associated Finechem Private Limited, buy the company report.
Auditor
Associated Finechem Private Limited is audited by B N Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N Shah & Associates | FY 2023 | 109505W |
Shareholding
The shareholding of Associated Finechem 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 Associated Finechem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2023 | 100671035 | Others | ₹1.37 Cr | Open |
To see the full charge records of Associated Finechem Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Associated Finechem Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Associated Finechem 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
Associated Finechem Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 11 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Associated Finechem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Associated Finechem Private Limited has a workforce of 44 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Associated Finechem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA9780A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Finechem Private Limited, buy the company report.
Recent activity
Associated Finechem Private Limited has 8 board changes on record since 2004: 8 appointments. The latest: Dinesh Ramanbhai Patel was appointed as Director on 18 May 2015.
1 earlier event is in the company report.
Frequently asked questions
Associated Finechem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 24 March 2004 (22+ years old) and is registered under CIN U24116GJ2004PTC043838.
Associated Finechem has 8 current directors:
- Pradip Ramanlal Patel - Director
- Dinesh Ramanbhai Patel - Director
- Jayshree Dineshbhai Patel - Director
- Prashant Pradip Patel - Director
- Chaitali Brijesh Patel - Director
- Ginal Prashant Patel - Director
- Purnima Pradipbhai Patel - Director
- Brijesh Dineshbhai Patel - Director
The latest financial statements of Associated Finechem 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 Associated Finechem is 24AAECA9780A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Associated Finechem is U24116GJ2004PTC043838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Finechem has 1 court case on record: 1 filed against it.
Associated Finechem was incorporated on 24 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Associated Finechem by revenue are Bhakti Chemicals Private Limited, GMK Labs Private Limited, Stratechem (India) Private Limited, Goldripe International Private Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Dinesh Ramanbhai Patel was appointed as Director on 18 May 2015. Jayshree Dineshbhai Patel was appointed as Director on 18 May 2015. Purnima Pradipbhai Patel was appointed as Director on 18 May 2015. Associated Finechem has 8 board changes on record in total.
Yes, Associated Finechem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0052828).
Associated Finechem has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 11 overdue payments to 1 micro and small supplier. The latest return was filed on 20 Jun 2019.
Associated Finechem can be reached through the website jaydinesh.com. Its registered office is in Ahmedabad, Gujarat, India.

