MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0007056
Bhanu Dyes Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.43 Cr
▼ 7% YoY
Net profit · FY 2025
₹3.81 Cr
Net margin 9%
EBITDA · FY 2025
₹6.8 Cr
EBITDA margin 16%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.86 Cr
Issued & subscribed
Open charges
₹28.04 Cr
Satisfied ₹2.5 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
37
Provident fund records
About Bhanu Dyes Private Limited
Data last updated:
Bhanu Dyes Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 09 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24113MH2005PTC153129. Its GSTIN is 27AACCB6210A1ZF (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.86 Cr. It is led by directors including Mayank Jayant Shah and Sushil Kumar Dugar.
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 Hemu Plaza Station Road Vile Parle (W), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.43 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.81 Cr (net margin 9%) and EBITDA of ₹6.8 Cr (EBITDA margin 16%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 10% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhanu Dyes. As per MCA filings, the company has open charges of ₹28.04 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in March 2021. Its 8 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Greensea Industries Private Limited with revenue of ₹45.52 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 107 overdue payments to 27 micro and small suppliers.
Bhanu Dyes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0007056). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhanudyes.com.
Company details
CIN U24113MH2005PTC153129
Registration Number 153129
Incorporation Date 09 May 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0007056
Key People
Mayank Jayant Shah Director Sushil Kumar Dugar Director Durgaprasad Rao Yarlagadda Director Recognitions & Rankings of Bhanu Dyes
Contact details
Bhanu Dyes Private Limited's registered office is in Mumbai, Maharashtra. Its website is bhanudyes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHemu Plaza Station Road Vile Parle (W), Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Bhanu Dyes Private Limited, buy the company report.
Comprehensive company report
Bhanu Dyes Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Bhanu Dyes operates one associated brand: Bhanu Dyes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Sulfur dyes, auxiliaries, and by-products for textile, paper, and leather industries in India. | bhanudyes.com |
Business activity
The main business activity of Bhanu Dyes 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 Bhanu Dyes Private Limited, buy the company report.
Financials of Bhanu Dyes Private Limited
FY 2025 filings availableBhanu Dyes Private Limited reported revenue of ₹42.43 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹42.43 Cr ▼ 7%
Net profit · FY 2025
₹3.81 Cr margin 9%
EBITDA · FY 2025
₹6.8 Cr margin 16%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 22%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 25%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 7% fall in the latest year. EBITDA fell 9% 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 | ₹6.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.81 Cr | ||||
| 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 | 16% | ||||
| Net Profit Margin | 9% | ||||
| 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 Bhanu Dyes Private Limited, buy the company report.
Board of directors of Bhanu Dyes Private Limited
Bhanu Dyes has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Jayant Shah Also directs: Chemie Organic Chemicals (India) Private Limited | Director | 12 Mar 2007 | 19 Years 7 Months | Current |
| Sushil Kumar Dugar | Director | 09 May 2005 | 21 Years 5 Months | Current |
| Durgaprasad Rao Yarlagadda | Director | 12 Mar 2007 | 19 Years 7 Months | Current |
| Jayant Manharlal Shah Also directs: Jayshree Vyapar Limited | Director | 09 May 2005 | 21 Years 5 Months | Current |
Peer comparison
Bhanu Dyes Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), 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 |
|---|---|---|---|---|---|---|
| Greensea Industries Private Limited | ₹45.52 Cr (FY 2024) | 2.0% | Morbi, Gujarat, India | |||
| Solunaris Private Limited | ₹45.41 Cr (FY 2024) | 13.0% | Ahmedabad, Gujarat, India | |||
| Arlex Chemi Private Limited | ₹44.99 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Choksi Colours Private Limited | ₹44.06 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Bhanu Dyes Private Limitedthis company | ₹42.43 Cr (FY 2025) | ₹3.81 Cr | 9% | -7.0% | 37 | Mumbai, Maharashtra, India |
| United Chemie Private Limited | ₹42.32 Cr (FY 2024) | -30.0% | Ahmedabad, Gujarat, India | |||
| Vivid Global Industries Limited | ₹41.63 Cr (FY 2025) | 19.0% | Thane, Maharashtra, India | |||
| Darshanam Impex Private Limited | ₹41.05 Cr (FY 2025) | 85.0% | Ankleshwar, Gujarat, India | |||
| Bi-Ki Dyes and Chemicals Private Limited | ₹40.94 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Bhanu Dyes Private Limited, buy the company report.
Auditor
Bhanu Dyes Private Limited is audited by R J SONI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J SONI & ASSOCIATES | FY 2023 | 132453W |
Shareholding
The shareholding of Bhanu Dyes 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhanu Dyes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.04 Cr
Satisfied charges
₹2.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2012 | 10389369 | Bank of Baroda | ₹4.75 Cr | Open | |
| 09 Nov 2012 | 10389372 | Bank of Baroda | ₹4.75 Cr | Open | |
| 04 Oct 2008 | 10128761 | Citi Bank N. A. | ₹5.04 Cr | Open | |
| 25 Jan 2007 | 10040758 | Citi Bank N.A. | ₹13.5 Cr | Open | |
| 30 Mar 2010 | 10218362 | Small Industries Development Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Bhanu Dyes Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Bhanu Dyes Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in March 2021.
Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹1.99 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Jaydee Agro Chemicals Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Bhanu Chemicals Private Limited , Jaydee Agro Chemicals Limited Seller: an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bhanu Chemicals Private Limited |
| Apr 2013 | Funding round | ₹80 Lakh | Investors: Bhanu Chemicals Private Limited , an individual |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: Jaydee Agro Chemicals Limited Seller: Bhanu Chemicals Private Limited |
To see the full deal history of Bhanu Dyes Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bhanu Dyes Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
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 | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Bhanu Dyes 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
Bhanu Dyes Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 107 overdue payments to 27 micro and small suppliers. 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 (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| New Gupta & Co | |||
| an individual supplier | |||
| an individual supplier | |||
| Rama Polycon Limited | |||
| an individual supplier |
To see the full MSME payment records of Bhanu Dyes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bhanu Dyes Private Limited has a workforce of 37 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
GST
Bhanu Dyes has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB6210A1ZF | Maharashtra | Active | 01 Jul 2017 |
| 27AACCB6210A2ZE | Maharashtra | Active | 21 Nov 2019 |
| 24AACCB6210A1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhanu Dyes Private Limited, buy the company report.
Recent activity
Bhanu Dyes Private Limited has 4 board changes on record since 2005: 4 appointments. The latest: Durgaprasad Rao Yarlagadda was appointed as Director on 12 Mar 2007.
AGM
Bhanu Dyes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhanu Dyes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Citi Bank N.A. of Rs. 13.50 Cr registered on 25 Jan 2007 with Charge ID 10040758 was modified on 12 Feb 2016.
Charges
A charge with Bank Of Baroda of Rs. 4.75 Cr registered on 09 Nov 2012 with Charge ID 10389372 was modified on 30 Dec 2013.
Charges
A charge registered on 30 Mar 2010 via Charge ID 10218362 with Small Industries Development Bank Of India was fully satisfied on 16 Nov 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 4.75 Cr with Charge ID 10389369 was registered on 09 Nov 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 4.75 Cr with Charge ID 10389372 was registered on 09 Nov 2012.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 1.50 Cr with Charge ID 10218362 was registered on 30 Mar 2010.
Charges
A charge registered on 09 Sep 2006 via Charge ID 10022691 with Citibank N.A. was fully satisfied on 22 Mar 2010.
Charges
A charge with Citi Bank N. A. of Rs. 5.04 Cr registered on 04 Oct 2008 with Charge ID 10128761 was modified on 19 Dec 2008.
Charges
A charge with Citi Bank N. A. amounted to Rs. 5.04 Cr with Charge ID 10128761 was registered on 04 Oct 2008.
Appointed
Durgaprasad Rao Yarlagadda was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Bhanu Dyes is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 09 May 2005 (21+ years old) and is registered under CIN U24113MH2005PTC153129.
Bhanu Dyes has 4 current directors:
- Mayank Jayant Shah - Director
- Sushil Kumar Dugar - Director
- Durgaprasad Rao Yarlagadda - Director
- Jayant Manharlal Shah - Director
The latest financial statements of Bhanu Dyes 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 Bhanu Dyes is 27AACCB6210A1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCB6210A2ZE (Maharashtra), 24AACCB6210A1ZL (Gujarat).
The CIN (Corporate Identification Number) of Bhanu Dyes is U24113MH2005PTC153129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhanu Dyes has 1 court case on record: 1 filed against it.
Bhanu Dyes was incorporated on 09 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhanu Dyes has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in March 2021.
The peers of Bhanu Dyes by revenue are Greensea Industries Private Limited, Solunaris Private Limited, Arlex Chemi Private Limited, Choksi Colours Private Limited, United Chemie Private Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Durgaprasad Rao Yarlagadda was appointed as Director on 12 Mar 2007. Mayank Jayant Shah was appointed as Director on 12 Mar 2007. Jayant Manharlal Shah was appointed as Director on 09 May 2005. Bhanu Dyes has 4 board changes on record in total.
Yes, Bhanu Dyes is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0007056).
Bhanu Dyes has 7 MSME Form 1 returns on record between 2019 and 2023, listing 107 overdue payments to 27 micro and small suppliers. The latest return was filed on 08 Nov 2023.