Borax India Limited
About Borax India Limited
Data last updated:
Borax India Limited is a public limited company based in Puducherry, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 24 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Pondicherry, under CIN U24116PY1983PLC000240. Its GSTIN is 34AAACB1396F1ZZ (Puducherry).
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹2.9 Cr. It is led by directors including Akshaykumar Jaswantchand Mehta and Shreya Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at No.5 Pilayarkoil Street Gandhi Thirunalur, Muthiraiarpalayam, Puducherry, India – 605009.
As per the financials filed for FY 2026, the company reported a revenue of ₹25.12 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹64.26 Lakh (net margin -255.8%) and EBITDA of -₹33.28 Lakh (EBITDA margin -132.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Borax India has one previous CIN (Corporate Identification Number): L24116PY1983SGC000240. The current CIN is U24116PY1983PLC000240, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24116PY1983PLC000240 | Current |
| L24116PY1983SGC000240 | Previous |
Contact details
Borax India Limited's registered office is in Puducherry, Puducherry. Its e-mail address is in the company report.
- Email
- Registered AddressNo.5 Pilayarkoil Street Gandhi Thirunalur, Muthiraiarpalayam, Puducherry, India – 605009
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Borax India Limited, buy the company report.
- 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
Business activity
The main business activity of Borax India is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Borax India Limited, buy the company report.
Financials of Borax India Limited
FY 2026 filings availableBorax India Limited reported revenue of ₹25.12 Lakh (down 85% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 85% fall in the latest year. EBITDA fell 134% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.12 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹33.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹64.26 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -132.5% | ||||
| Net Profit Margin | -255.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Borax India Limited, buy the company report.
Board of directors of Borax India Limited
Borax India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshaykumar Jaswantchand Mehta | Director | 04 Mar 2005 | 21 Years 8 Months | Current |
| Shreya Mehta Also directs: Trishiraya Properties LLP, Sikamach Private Limited | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
| Udit Mehta Also directs: Trishiraya Properties LLP, Kundrathur Hi Living Promoters LLP, Ram Agro Chemical Industries Private Limited and 1 more | Director | 23 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Borax India Limited is audited by Ramanan & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramanan & Co | FY 2026 | 002923S |
Shareholding
The shareholding of Borax India Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Borax India Limited, buy the company report.
Legal cases
Borax India Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (9999-Other) | Filed against the company by an individual | Disposed |
To see the full case history of Borax India 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
No delayed payments to MSME suppliers are on our record for Borax India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Borax India Limited has a workforce of 19 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Borax India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AAACB1396F1ZZ | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Borax India Limited, buy the company report.
Recent activity
Borax India Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Shreya Mehta ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Borax India is an active public limited company based in Puducherry, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 24 November 1983 (43+ years old) and is registered under CIN U24116PY1983PLC000240.
Borax India has 3 current directors:
- Akshaykumar Jaswantchand Mehta - Director
- Shreya Mehta - Director
- Udit Mehta - Director
The latest financial statements of Borax India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Borax India is 34AAACB1396F1ZZ, registered in Puducherry.
The CIN (Corporate Identification Number) of Borax India is U24116PY1983PLC000240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Borax India has 1 court case on record: 1 filed against it.
Borax India was incorporated on 24 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Pondicherry.
Shreya Mehta ceased to be Additional Director on 30 Nov 2021. Shreya Mehta was appointed as Director on 22 Oct 2021. Venkatesan Thirumal ceased to be Director on 22 Sep 2021. Borax India has 7 board changes on record in total.
The registered office of Borax India is at No.5 Pilayarkoil Street Gandhi Thirunalur, Muthiraiarpalayam, Puducherry, India – 605009.
Borax India operates in the chemicals and materials industry, in the organic chemicals and compounds segment.
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