About Performance Chemiserve
Performance Chemiserve is a Chemicals & Materials company based in Pune (India) founded in 2017, and was acquired by Smartchem in April 2017. It operates as an agricultural chemicals and fertilizers are manufactured for farming applications. The company has 163 employees. Its Indian entity Performance Chemiserve Limited reported revenue of βΉ2,185 Cr. Its focus areas include Chemicals and Materials, Diversified Chemicals and Chemical Explosives.
Company details
Performance Chemiserve was established in 2017 and is based in Pune, India. Operations focus on the production of agricultural chemicals and fertilizers within the agrochemical sector. Manufacturing processes are centered on supplying essential products to support crop cultivation and soil enhancement. The company maintains its primary activities in the Indian market, with a domain presence at pclindia.co.in. Core services include formulation and distribution tailored to agricultural needs.
- Headquarters Pune, India
- Employees 163
- Stage Acquired
- SectorsChemicals & Materials
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website pclindia.co.in
- Acquired by Smartchem (Apr 2017)
- Legal Name Performance Chemiserve Limited
- Date of Incorporation 01 Mar, 2006
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2,185 Cr
FY 2025 · +73% YoY
- Net Loss-₹207 Cr
FY 2025 · -9% margin
- EBITDA₹120 Cr
FY 2025 · 5% margin
- Investors
- Employee Count163
- Acquired bySmartchem
(Apr 2017)
Associated legal entities of Performance Chemiserve
Performance Chemiserve operates through Performance Chemiserve Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Performance Chemiserve Limited CIN U24239PN2006PLC022101 | Active | 01 Mar 2006 | Pune, Maharashtra | ₹2,185 Cr | 163 | 10 | View details |
Investors in Performance Chemiserve
Performance Chemiserve has secured backing from 1 investor. Prominent investors backing the company include Mahadhan Agritech Limited.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mahadhan Agritech Limited is engaged in manufacturing fertilizers and chemicals. | – | smartchem.co.in | Pune, India |
Investor details for Performance Chemiserve
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Board of directors of Performance Chemiserve Limited (Performance Chemiserve)
Performance Chemiserve Limited is the primary company behind Performance Chemiserve. The board of Performance Chemiserve Limited currently have 7 directors; the longest-serving is Sailesh Chimanlal Mehta, appointed in 2017. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sailesh Chimanlal Mehta DIN 00128204 | Director | 30 Jun 2017 | 9 yrs 3 mo | Performance Chemiserve Limited |
| Parul Sailesh Mehta DIN 00196410 | Director | 08 Aug 2018 | 8 yrs 2 mo | Performance Chemiserve Limited |
| Partha Sarathi Bhattacharyya DIN 00329479 | Director | 12 Feb 2020 | 6 yrs 8 mo | Performance Chemiserve Limited |
| Madhumilan Parshuram Shinde DIN 06533004 | Director | 10 May 2021 | 5 yrs 5 mo | Performance Chemiserve Limited |
| Sitaram Kunte DIN 02670899 | Director | 27 Mar 2024 | 2 yrs 6 mo | Performance Chemiserve Limited |
| Bhuwan Chandra Tripathi DIN 01657366 | Director | 27 Mar 2024 | 2 yrs 6 mo | Performance Chemiserve Limited |
| Pankaj Gupta DIN 00005779 | Company Secretary | 01 Aug 2024 | 2 yrs 2 mo | Performance Chemiserve Limited |
Financials of Performance Chemiserve
Figures of Performance Chemiserve Limited, the primary company behind Performance Chemiserve, for FY 2025. Revenue was ₹2,185 Cr (+73% year on year). Net loss was -₹207 Cr (-9% margin). EBITDA was ₹120 Cr (5% margin). Revenue has grown at a compounded annual rate of +500% over three years and +202% over five years.
- ₹2,185 CrRevenue · FY 2025 · +73% YoY
- -₹207 CrNet loss · -9% margin
- ₹120 CrEBITDA · 5% margin
- ₹25.5 LakhPaid-up capital
- 163Employees (provident fund records)
- +500%Revenue CAGR, 3 years
- +202%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Performance Chemiserve Limited are on its company page.
Detailed financial statements for Performance Chemiserve
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Timeline of Performance Chemiserve
2 dated milestones of Performance Chemiserve, from founding to its latest funding, stage changes and deals.
- Founded Performance Chemiserve is founded.
- Exit Acquired by Smartchem.
Web traffic of Performance Chemiserve
The website of Performance Chemiserve (pclindia.co.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 59.3% vs previous month
Top companies in Core & Diversified Chemicals
10 companies that operate in the same segment as Performance Chemiserve (Core & Diversified Chemicals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Chemical materials are designed and applied across industrial sectors. | 2004 | United States | – | USD 10.66 B | 21,080 | |
Speciality Chemicals manufacturer | 1995 | Muttenz, Basel-landschaft, Switzerland | – | USD 4.95 B | 10,460 | |
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | – | USD 1.21 B | 1,020 | |
Chemicals and ingredients are distributed globally by Univar Solutions. | 1924 | Downers Grove, Illinois, United States | USD 38.38 M | USD 832.6 M | – | |
AGC is engaged in manufacturing glass and chemical products. | 2000 | Tokyo, Tokyo, Japan | – | USD 1.61 M | 6 | |
Gases and chemical products are supplied to diverse industrial sectors. | 1902 | Paris, France | – | USD 31.65 B | 66,660 | |
Industrial, medical, and specialty gases are manufactured by Messer Group. | 1898 | Bad Soden-salmunster, Hessen, Germany | – | – | – | |
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 2.13 M | – | |
Multiple sectors are invested in by this private equity firm. | 1920 | Kingsport, Tennessee, United States | – | USD 8.76 B | 14,000 | |
Evonik is recognized as a leader in specialty chemicals innovation. | 1847 | Essen, North Rhine-westphalia, Germany | – | USD 24.8 M | 93 |
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Related news about Performance Chemiserve
Complete news archive for Performance Chemiserve
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Frequently Asked Questions about Performance Chemiserve
Performance Chemiserve was founded in 2017.
Performance Chemiserve is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Performance Chemiserve has 163 employees.
The primary company behind Performance Chemiserve, Performance Chemiserve Limited, reported revenue of βΉ2,185 Cr for FY 2025, up 73% year on year.
Performance Chemiserve was established in 2017 and is based in Pune, India. Operations focus on the production of agricultural chemicals and fertilizers within the agrochemical sector. Manufacturing processes are centered on supplying essential products to support crop cultivation and soil enhancement. The company maintains its primary activities in the Indian market, with a domain presence at pclindia.co.in. Core services include formulation and distribution tailored to agricultural needs.
Performance Chemiserve has 1 investor. Key investors include Mahadhan Agritech Limited.
Performance Chemiserve operates through Performance Chemiserve Limited.
Yes. Performance Chemiserve was acquired by Smartchem in April 2017.
The legal entities of Performance Chemiserve currently have 9 directors, including Madhumilan Parshuram Shinde, Parul Sailesh Mehta, Sailesh Chimanlal Mehta and others.

