About Witmans
Witmans is a Chemicals & Materials company based in Mumbai (India) founded in 1989. It operates as a manufacturer specializing in production of performance lubricants, plasticizers, and specialty coatings for various industries. The company has 171 employees. Witmans was last valued at $2.95 million in April 2012. Its chief executive is Ravi Sekhar. Its Indian entity Witmans Industries Private Limited reported revenue of ₹542 Cr. Witmans offers products and services including Spin Finishes, Textile Lubricants, Industrial Paints, Rubber Process Oils, and Speciality Plasticizers. Its focus areas include Chemicals and Materials, Paints and Coatings, Diversified and Diversified Chemicals.
Company details
Witmans Industries Pvt. Ltd. is a manufacturer and supplier of spin finishes, textile conning oils, lubricants, and industrial paints. They specialize in producing performance lubricants, plasticizers, and specialty coatings for various industries. With a focus on quality and efficiency, their products are designed to maximize performance and resist a wide range of chemicals.
- Headquarters Mumbai, India
- Employees 171
- Stage Minicorn
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website witmansgroup.com
- Social LinkedIn
- Legal Name Witmans Industries Pvt. Ltd.
- Date of Incorporation 01 Apr, 2011
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹542 Cr
FY 2025 · -5% YoY
- Net Profit₹14.83 Cr
FY 2025 · 3% margin
- EBITDA₹33.48 Cr
FY 2025 · 6% margin
- Latest Funding Round$191.63K (USD), Unspecified
Apr 2012
- Employee Count171
Associated legal entities of Witmans
Witmans is associated with 2 registered companies on The Company Check; the primary company is Witmans Industries Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Witmans Industries Private Limited CIN U24100MH2011PTC215664 | Active | 01 Apr 2011 | Mumbai, Maharashtra | ₹542 Cr | 171 | 3 | View details |
| Witmans Petrochem Private Limited CIN U23200MH1992PTC068244 | Active | 24 Aug 1992 | Mumbai, Maharashtra | ₹267 Cr | – | 5 | View details |
Products & Services of Witmans
Witmans offers a comprehensive portfolio of products and services, including Spin Finishes, Textile Lubricants, Industrial Paints, Rubber Process Oils, and Speciality Plasticizers.
Lubricants designed for optimal textile efficiency and minimal friction.
Oils that maximize performance in textile conning processes.
High-quality paints providing long-lasting surface protection.
Oils that optimize rubber production for exceptional performance.
Additives enhancing flexibility and durability in plastic manufacturing.
Funding Insights of Witmans
- Total Rounds 1
- Last Round Unspecified — $191,626
- First Round $191,626
(Apr 2012)
All 1 funding rounds of Witmans with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2012 | $191,626 | Unspecified | $2.95M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2012 | $2.95M | •••••••• |
Last known valuation $2.95M (Apr 2012).
Board of directors of Witmans Industries Private Limited (Witmans)
Witmans Industries Private Limited is the primary company behind Witmans. The boards of the 2 registered companies of Witmans currently have 6 directors; the longest-serving is Ravi Ramlalsingh Saini, appointed in 1992. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Ramlalsingh Saini DIN 00357075 | Director | 24 Aug 1992 | 34 yrs 1 mo | Witmans Petrochem Private Limited, Witmans Industries Private Limited |
| Suman Rajendra Saini DIN 00357126 | Director | 01 Apr 2008 | 18 yrs 6 mo | Witmans Petrochem Private Limited |
| Veena Ravi Saini DIN 02626275 | Whole-time director | 16 May 2009 | 17 yrs 5 mo | Witmans Petrochem Private Limited |
| Rajendra Ramlal Saini DIN 00357106 | Director | 01 Apr 2011 | 15 yrs 6 mo | Witmans Industries Private Limited |
| Abid Abubaker Babla DIN 06764361 | Director | 20 May 2024 | 2 yrs 4 mo | Witmans Petrochem Private Limited |
| Mohommed Siddique Abubaker Babla DIN 07081244 | Additional Director | 16 Jun 2025 | 1 yr 4 mo | Witmans Petrochem Private Limited |
People of Witmans
1 people are tracked at Witmans (1 in leadership); the tracked headcount is 171.
| Name | Role | Group |
|---|---|---|
Ravi Sekhar | CEO | Leadership |
Complete people profiles for Witmans
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Witmans
Figures of Witmans Industries Private Limited, the primary company behind Witmans, for FY 2025. Revenue was ₹542 Cr (-5% year on year). Net profit was ₹14.83 Cr (3% margin). EBITDA was ₹33.48 Cr (6% margin). Revenue has grown at a compounded annual rate of +4% over three years.
- ₹542 CrRevenue · FY 2025 · -5% YoY
- ₹14.83 CrNet profit · 3% margin
- ₹33.48 CrEBITDA · 6% margin
- ₹10.71 CrPaid-up capital
- 171Employees (provident fund records)
- +4%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Witmans Industries Private Limited are on its company page.
Detailed financial statements for Witmans
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Witmans
3 dated milestones of Witmans across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Witmans is founded.
- Funding First funding round of $192K.
- Milestone Reaches Minicorn status.
Web traffic of Witmans
The website of Witmans (witmansgroup.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▲ 29.6% vs previous month
Websites whose visitors overlap most with Witmans. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
kayavlon.com | kayavlon.com | 100% | – | #8,308,410 | – |
| gardenvareli.com | 89% | 10.8K | #1,343,331 | View details | |
| gandharoil.com | 84% | 21.6K | #1,111,793 | View details |
Top companies in Paints, Coatings & Surface Treatments
10 companies that operate in the same segment as Witmans (Paints, Coatings & Surface Treatments), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of paints | 2000 | Pune, Maharashtra, India | USD 23.11 M | USD 149.43 M | 1,850 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | – | USD 3.79 B | 33,600 | |
Paints, coatings, and related products are manufactured and distributed globally. | 1866 | Cleveland, Ohio, United States | – | USD 23.57 B | 63,890 | |
Industrial and decorative paints are manufactured by Kansai Nerolac. | 1920 | Mumbai, Maharashtra, India | – | USD 858.2 M | 10,570 | |
Hempel is recognized for providing high-quality protective coating solutions. | 1915 | Lyngby, Region Hovedstaden, Denmark | – | USD 17.43 M | 138 | |
Protective coatings are manufactured for industrial applications in India. | 1902 | Delhi, Delhi, India | – | USD 61.39 M | 633 | |
Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings | 1994 | Amsterdam, Netherlands | – | USD 11.94 B | 34,600 | |
Paints and stains are supplied to the construction sector. | 1883 | Montvale, New Jersey, United States | – | – | – | |
Color management solutions and measurement technologies are provided for industries. | 1958 | Grand Rapids, Michigan, United States | USD 155 M | USD 1.07 M | 21 | |
Manufacturer of paints | 1961 | Sao Bernardo Do Campo, Sao Paulo, Brazil | – | – | – |
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Frequently Asked Questions about Witmans
Witmans was founded in 1989 and raised its 1st funding round 23 years after it was founded.
Witmans is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ravi Sekhar is the current CEO of Witmans.
Witmans has 171 employees.
The primary company behind Witmans, Witmans Industries Private Limited, reported revenue of ₹542 Cr for FY 2025, down 5% year on year.
Witmans Industries Pvt. Ltd. is a manufacturer and supplier of spin finishes, textile conning oils, lubricants, and industrial paints. They specialize in producing performance lubricants, plasticizers, and specialty coatings for various industries. With a focus on quality and efficiency, their products are designed to maximize performance and resist a wide range of chemicals.
Witmans offers Spin Finishes, Textile Lubricants, Industrial Paints, Rubber Process Oils, and Speciality Plasticizers.
The valuation of Witmans is $2.95M as of Apr 2012.
Witmans is associated with 2 legal entities: Witmans Industries Private Limited, Witmans Petrochem Private Limited.
The legal entities of Witmans currently have 7 directors, including Abid Abubaker Babla, Veena Ravi Saini, Mohommed Siddique Abubaker Babla and others.