- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0077342

About Bitumag Industries Private Limited
Data last updated:
Bitumag Industries Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Optichem Specialties Fze. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999MH2017PTC467181. Its GSTIN is 24AAHCB0734G1Z3 (Gujarat).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16 Cr. It is led by directors including Aamer Ahmed Farid (Managing Director) and Sarfaraz Ahmed Shareef.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16 Shiv Industrial Infrastructure Park, Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.69 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Cr (net margin 8.7%) and EBITDA of ₹5.38 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 29% over five years.
The company is associated with 1 brand: Bitumag. As per MCA filings, the company has open charges of ₹11.09 Lakh and satisfied charges of ₹5.06 Lakh on record. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹13.49 Cr; the latest was in March 2022.
Bitumag Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0077342). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitumag.co.in.
Company details
CIN history
Bitumag Industries has one previous CIN (Corporate Identification Number): U74999GJ2017PTC095656. The current CIN is U74999MH2017PTC467181, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2017PTC467181 | Current |
| U74999GJ2017PTC095656 | Previous |
Recognitions & Rankings of Bitumag Industries
Contact details
Bitumag Industries Private Limited's registered office is in Vadodara, Gujarat.
- Registered AddressPlot No. 16 Shiv Industrial Infrastructure Park Nirma Canal Road Village – Lamdapura Manju, Sar Savli, Vadodara, Gujarat, India – 391775
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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
Bitumag Industries operates one associated brand: Bitumag. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Waterproofing solutions, membranes, and coatings for roofing and construction applications. | bitumag.co.in |
Business activity
The main business activity of Bitumag Industries 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 Bitumag Industries Private Limited, buy the company report.
Financials of Bitumag Industries Private Limited
FY 2025 filings availableBitumag Industries Private Limited reported revenue of ₹41.69 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 11% growth in the latest year. EBITDA rose 13% 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 |
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| EBITDA | ₹5.38 Cr | ||||
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| Net Profit (PAT) | ₹3.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 8.7% | ||||
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To see the full financial statements and ratios of Bitumag Industries Private Limited, buy the company report.
Board of directors of Bitumag Industries Private Limited
Bitumag Industries has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarfaraz Ahmed Shareef | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Kadhar Meera Sahib | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Aamer Ahmed Farid Also directs: Prime Foods and Confectionery LLP, Ducol Organics and Colours Limited, Jazira Plantations Private Limited and 1 more | Managing Director | 21 Apr 2025 | 1 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2024 | 101013199 | Hdfc Bank Limited | ₹4 Lakh | Open | |
| 17 Aug 2023 | 100778838 | Hdfc Bank Limited | ₹7.09 Lakh | Open | |
| 16 Sep 2023 | 100795205 | Hdfc Bank Limited | ₹5.06 Lakh | Satisfied |
To see the full charge records of Bitumag Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Bitumag Industries Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹13.49 Cr; the latest was in March 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹13 Cr | Investors: 2 individuals |
| Jul 2018 | Rights issue | ₹2.5 Cr | Investors: 2 individuals |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2017 | Funding round | ₹49 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bitumag Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bitumag Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bitumag Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCB0734G1Z3 | Gujarat | Active | 13 Sep 2017 |
To see the full GST registrations and return filing status of Bitumag Industries Private Limited, buy the company report.
Recent activity
Bitumag Industries Private Limited has 10 board changes on record since 2017: 3 appointments and 7 cessations. The latest: Aamer Ahmed Farid ceased to be Additional Director on 24 Apr 2025.
5 earlier events are in the company report.
Frequently asked questions
Bitumag Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN U74999MH2017PTC467181.
Bitumag Industries has 3 current directors:
- Aamer Ahmed Farid - Managing Director
- Sarfaraz Ahmed Shareef - Director
- Kadhar Meera Sahib - Director
The latest financial statements of Bitumag Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Bitumag Industries is 24AAHCB0734G1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Bitumag Industries is U74999MH2017PTC467181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitumag Industries was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bitumag Industries has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹13.49 Cr; the latest was in March 2022.
Aamer Ahmed Farid ceased to be Additional Director on 24 Apr 2025. Aamer Ahmed Farid was appointed as Managing Director on 21 Apr 2025. Kadhar Meera Sahib ceased to be Additional Director on 29 Sep 2018. Bitumag Industries has 10 board changes on record in total.
Yes, Bitumag Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0077342).
Bitumag Industries can be reached through the website bitumag.co.in. Its registered office is in Vadodara, Gujarat, India.