Blend Grinding Private Limited
About Blend Grinding Private Limited
Data last updated:
Blend Grinding Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 05 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24117MH2006PTC165989. Its GSTIN is 27AADCB1466B2Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vardhan Narendra Ketkar and Nikhil Subhash Purohit.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 25 Gala No 4 Community Building Panvel Co Op Hsg Society Bhawan Bangalow, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.12 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹16.94 Lakh (net margin -105.1%) and EBITDA of -₹15.15 Lakh (EBITDA margin -94%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 25% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressPlot No 25 Gala No 4 Community Building Panvel Co Op Hsg Society Bhawan Bangalow, Maharashtra, India – 410206
- IndustryChemicals and Materials, Industrial Chemicals
- 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
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Business Activity of Blend Grinding Private Limited
The main business activity of Blend Grinding is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Blend Grinding Private Limited FY 2024 filings available
Blend Grinding Private Limited reported revenue of ₹16.12 Lakh (down 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Blend Grinding Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 64% fall in the latest year. EBITDA fell 232% 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 of Blend Grinding Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹15.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.94 Lakh | •••• | •••• | •••• | •••• |
| 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 of Blend Grinding Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -94% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -105.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Blend Grinding are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Blend Grinding Private Limited
Blend Grinding has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vardhan Narendra Ketkar | Director | 05 Dec 2006 | 19 Years 10 Months | Current |
| Nikhil Subhash Purohit Also directs: Chemprotekt Roofing Solutions LLP, Romit Resins Private Limited | Director | 05 Dec 2006 | 19 Years 10 Months | Current |
Peer Comparison of Blend Grinding Private Limited
Blend Grinding Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yuam Cosmetics India Private Limited | ₹16.4 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Koban Healthcare Private Limited | ₹16.39 Lakh (FY 2024) | •••• | •••• | 21.0% | •••• | Ahmedabad, Gujarat, India |
| Modigarh Chemicals Ltd. | ₹16.3 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Alwar, Rajasthan, India |
| Devi Organics Private Limited | ₹16.18 Lakh (FY 2019) | •••• | •••• | 132.0% | •••• | Mumbai, Maharashtra, India |
| Green Onyx (OPC) Private Limited | ₹16.15 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Bangalore, Karnataka, India |
| Blend Grinding Private Limited this company | ₹16.12 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Panvel, Maharashtra, India |
| Klean Way Eco and Bio Chems Private Limited | ₹16.11 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Morph Industries Private Limited | ₹16.1 Lakh (FY 2024) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Akm Pharma Private Limited | ₹16.09 Lakh (FY 2024) | •••• | •••• | •••• | Aurangabad, Maharashtra, India | |
| Akay Organics Ltd | ₹15.91 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Ams Specialities Private Limited | ₹15.79 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Blend Grinding by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Blend Grinding Private Limited
Blend Grinding Private Limited is audited by A P GUGALE & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A P GUGALE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Blend Grinding Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Blend Grinding Private Limited
Blend Grinding Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Blend Grinding Private Limited
Employment history and EPFO contributions of people linked to Blend Grinding.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Blend Grinding Private Limited
Blend Grinding Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Romila Sanjay Munoth ceased to be Director on 18 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Blend Grinding Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Blend Grinding Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Blend Grinding Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Blend Grinding Private Limited
Blend Grinding has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB1466B2Z3 | Maharashtra | Active | 31 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Blend Grinding Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Blend Grinding Private Limited
Blend Grinding is an active private limited company based in Panvel, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 05 December 2006 (20+ years old) and is registered under CIN U24117MH2006PTC165989.
Blend Grinding reported revenue of ₹16.12 Lakh for FY 2024 (down 64% YoY).
Blend Grinding has 2 current directors:
- Vardhan Narendra Ketkar - Director
- Nikhil Subhash Purohit - Director
Blend Grinding reported a net loss of ₹16.94 Lakh (net margin -105.1%) and EBITDA of -₹15.15 Lakh (EBITDA margin -94%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blend Grinding is -32% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Blend Grinding is 27AADCB1466B2Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Blend Grinding is U24117MH2006PTC165989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blend Grinding was incorporated on 05 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blend Grinding by revenue are Yuam Cosmetics India Private Limited, Koban Healthcare Private Limited, Modigarh Chemicals Ltd, Devi Organics Private Limited, Green Onyx (OPC) Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Romila Sanjay Munoth ceased to be Director on 18 Feb 2022. Nikhil Subhash Purohit was appointed as Director on 05 Dec 2006. Vardhan Narendra Ketkar was appointed as Director on 05 Dec 2006.
The registered office of Blend Grinding is at Plot No 25 Gala No 4 Community Building Panvel Co Op Hsg Society Bhawan Bangalow, Maharashtra, India – 410206.