About Ricinash
Ricinash is a Chemicals & Materials company. Speciality chemicals and renewable materials for personal care, food, and plastics industries. The company has 6 employees. Its Indian entity Ricinash Renewable Materials Private Limited reported revenue of ₹29.82 Cr. Ricinash offers products and services including Glycerol mono Stearate (GMS) and Hydrogenated Castor Oil (HCO). Its focus areas include Chemicals, Speciality Chemicals, Oleochemical Products and Esters and Oils.
Company details
Ricinash Renewable Materials Private Limited is known for its involvement in the production of speciality chemicals that are derived from renewable sources, emphasizing oleochemistry for sustainability. Products like Glycerol Esters and Hydrogenated Vegetable Oils are provided to meet commercial and technical requirements in industries such as personal care, food additives, and plastics. The companys operations are based in Mumbai, India, where a comprehensive portfolio of eco-friendly esters and oils is maintained to align with environmental standards. Environmental friendliness is integrated into the development of these materials, ensuring they touch daily lives through sustainable practices.
- Employees 6
- SectorsChemicals & Materials
- Email••••••••
- Website ricinash.com
- Legal Name Ricinash Renewable Materials Private Limited
- Date of Incorporation 29 Jan, 1997
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹29.82 Cr
FY 2026 · -19% YoY
- Indian entity net loss-₹1.50 Cr
FY 2026 · -5% margin
- Indian entity EBITDA₹1.30 Cr
FY 2026 · 4% margin
- Employee Count6
Associated legal entities of Ricinash
Ricinash operates through Ricinash Renewable Materials Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ricinash Renewable Materials Private Limited CIN U15140MH1997PTC105499 | Active | 29 Jan 1997 | Mumbai, Maharashtra | ₹29.8 Cr | 6 | 3 | View details |
Products & Services of Ricinash
Ricinash offers a comprehensive portfolio of products and services, including Glycerol mono Stearate (GMS) and Hydrogenated Castor Oil (HCO).
This product is made from 100% renewable raw materials derived from plant origin and is utilized in various industrial applications.
It is fully hydrogenated and derived from 100% renewable raw materials of plant origin, serving needs in multiple sectors.
Board of directors of Ricinash Renewable Materials Private Limited (Ricinash)
Ricinash Renewable Materials Private Limited is the primary company behind Ricinash. The board of Ricinash Renewable Materials Private Limited currently have 3 directors; the longest-serving is Manish Mahendra Choksi, appointed in 1997. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Mahendra Choksi DIN 00026496 | Director | 29 Jan 1997 | 29 yrs 9 mo | Ricinash Renewable Materials Private Limited |
| Ashish Ashwin Choksi DIN 00059132 | Managing Director | 01 Oct 2009 | 17 yrs 1 mo | Ricinash Renewable Materials Private Limited |
| Jigish Shailesh Choksi DIN 08093304 | Director | 30 Mar 2023 | 3 yrs 7 mo | Ricinash Renewable Materials Private Limited |
Financials of Ricinash
Figures of Ricinash Renewable Materials Private Limited, the primary company behind Ricinash, for FY 2026. Revenue was ₹29.82 Cr (-19% year on year). Net loss was -₹1.50 Cr (-5% margin). EBITDA was ₹1.30 Cr (4% margin). Revenue has grown at a compounded annual rate of -4% over three years and +6% over five years.
- ₹29.82 CrRevenue · FY 2026 · -19% YoY
- -₹1.50 CrNet loss · -5% margin
- ₹1.30 CrEBITDA · 4% margin
- ₹13.79 CrPaid-up capital
- 6Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ricinash Renewable Materials Private Limited are on its company page.
Detailed financial statements for Ricinash
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Frequently Asked Questions about Ricinash
Ricinash has 6 employees.
The primary company behind Ricinash, Ricinash Renewable Materials Private Limited, reported revenue of ₹29.82 Cr for FY 2026, down 19% year on year.
Ricinash Renewable Materials Private Limited is known for its involvement in the production of speciality chemicals that are derived from renewable sources, emphasizing oleochemistry for sustainability. Products like Glycerol Esters and Hydrogenated Vegetable Oils are provided to meet commercial and technical requirements in industries such as personal care, food additives, and plastics. The companys operations are based in Mumbai, India, where a comprehensive portfolio of eco-friendly esters and oils is maintained to align with environmental standards. Environmental friendliness is integrated into the development of these materials, ensuring they touch daily lives through sustainable practices.
Ricinash offers Glycerol mono Stearate (GMS) and Hydrogenated Castor Oil (HCO).
Ricinash operates through Ricinash Renewable Materials Private Limited.
The legal entities of Ricinash currently have 3 directors, including Jigish Shailesh Choksi, Ashish Ashwin Choksi, Manish Mahendra Choksi.