- Category
- Medium (2023-24)
- Udyam number
- UDYAM-HP-11-0000272

About C & E Limited
Data last updated:
C & E Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 22 March 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1961PLC025027. Its GSTIN is 19AACCC5418K2ZH (West Bengal). The company holds 13 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.96 Cr. It was formerly known as Aenes Sales & Agencies Private Ltd and Components & Equipments Limited. It is led by directors including Bijay Kumar Bagri (Whole-Time Director) and Ravindra Sadashiv Kelkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 95A Park, Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.65 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹60.39 Lakh (net margin 0.7%) and EBITDA of ₹4.82 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.37 Cr and satisfied charges of ₹10.1 Cr on record. Court records list 77 cases involving the company, including 53 filed by the company and 24 filed against it; 12 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2023. Its 7 peer companies in the Chemicals industry (Dyes and Pigments, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Sunanda Speciality Coatings Pvt Ltd with revenue of ₹84.65 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 117 overdue payments to 22 micro and small suppliers.
C & E Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0000272). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cel.co.in.
Company details
Name history
C & E has undergone 3 name changes throughout its history. The company was previously known as Aenes Sales & Agencies Private Ltd, Components & Equipments Limited, and Components & Equipments Private Limited. The current legal name is C & E Limited.
| Company Name | Status |
|---|---|
| C & E Limited | Current |
| Aenes Sales & Agencies Private Ltd | Previous |
| Components & Equipments Limited | Previous |
| Components & Equipments Private Limited | Previous |
CIN history
C & E has one previous CIN (Corporate Identification Number): L51909WB1961PLC025027. The current CIN is U51909WB1961PLC025027, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1961PLC025027 | Current |
| L51909WB1961PLC025027 | Previous |
Recognitions & Rankings of C & E
Contact details
C & E Limited's registered office is in Kolkata, West Bengal. Its website is cel.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address95A Park Street, 2nd Floor, Kolkata, West Bengal, India – 700016
- IndustryChemicals and Materials, Specialty Chemicals, Dyes & Pigments, Colorants
To see the full contact details of C & E 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 C & E 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 C & E Limited, buy the company report.
Financials of C & E Limited
FY 2024 filings availableC & E Limited reported revenue of ₹82.65 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. 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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| Total Expenses | |||||
| EBITDA | ₹4.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.39 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 5.8% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of C & E Limited, buy the company report.
Board of directors of C & E Limited
C & E has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijay Kumar Bagri | Whole-Time Director | 03 Dec 2010 | 15 Years 10 Months | Current |
| Mukund Kumar Bhaiya Also directs: Shoe Step Export India LLP, Matrix Stampi Limited, Suolificio Linea Italia (India) Private Limited and 2 more | Director | 13 Dec 2008 | 17 Years 10 Months | Current |
| Ravindra Sadashiv Kelkar | Whole-Time Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Asit Baran Bhattacharjee Also directs: Dhatre Udyog Limited | Director | 10 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
C & E Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments, Specialty Chemicals), 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 |
|---|---|---|---|---|---|---|
| Sunanda Speciality Coatings Pvt Ltd | ₹84.65 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| KV Fire Chemicals (India) Private Limited | ₹84.24 Cr (FY 2025) | 14.0% | Navi Mumbai, Maharashtra, India | |||
| Associated Dyestuff Private Limited | ₹82.85 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India | |||
| C & E Limitedthis company | ₹82.65 Cr (FY 2025) | ₹60.39 Lakh | 0.7% | -3.0% | 145 | Kolkata, West Bengal, India |
| Abhilash Chemicals and Pharmaceuticals Private Limited | ₹82.45 Cr (FY 2025) | -16.0% | Madurai, Tamil Nadu, India | |||
| Deepak Chemtex Limited | ₹81.95 Cr (FY 2025) | 62.0% | Ratnagiri, Maharashtra, India | |||
| Indcarb Activated Carbon Private Limited | ₹80.91 Cr (FY 2025) | 32.0% | Palakkad, Kerala, India | |||
| K Patel Dye-Chem Industries Private Limited | ₹80.84 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of C & E Limited, buy the company report.
Auditor
C & E Limited is audited by L. B. JHA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L. B. JHA & CO. | FY 2022 | 301088E |
Shareholding
The shareholding of C & E 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of C & E Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2023 | 100762399 | State Bank of India | ₹18 Lakh | Open | |
| 28 Jul 2000 | 90253976 | State Bank of India | ₹31.19 Cr | Open | |
| 30 Sep 2018 | 100232047 | Others | ₹10 Lakh | Satisfied | |
| 21 Nov 2017 | 100154082 | Others | ₹10 Cr | Satisfied |
To see the full charge records of C & E Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
C & E Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bulaki Das Bahiya HUF |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bulaki Das Bahiya HUF |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: Bhaiya Investment & Trading Company, HC Family Trust, 2 individuals Seller: Bulaki Das Bahiya HUF |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
C & E Limited has 77 court cases on record: 53 filed by C & E, 24 filed against it. 12 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 48 | 12 | 4 |
| District courts | 23 | 6 | 6 |
| Supreme Court | 6 | 6 | 2 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Indusind Bank Limited and 8 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S Crew B.O.S Products Ltd and 2 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms Crew B.O.S Products Ltd | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Paro Dyechem Private Ltd | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Feather Touch Ltd. | Pending |
To see the full case history of C & E 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.
Credit ratings & regulatory alerts
C & E Limited was last rated by Crisil on 24 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Mar 2020 |
To see the full credit ratings and regulatory alerts of C & E Limited, buy the company report.
MSME payment delays
C & E Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 117 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Blow Packaging (India) Pvt. Ltd. | |||
| an individual supplier | |||
| Shakti Containers Private Limited | |||
| Oswal Udhyog | |||
| an individual supplier |
To see the full MSME payment records of C & E Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
C & E Limited has a workforce of 145 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
C & E has 13 GST registrations: 7 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCC5418K2ZH | West Bengal | Active | 08 Sep 2017 |
| 19AACCC5418K3ZG | West Bengal | Active | 15 Jun 2022 |
| 02AACCC5418K1ZX | Himachal Pradesh | Active | 01 Jul 2017 |
| 33AACCC5418K1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of C & E Limited, buy the company report.
Recent activity
C & E Limited has 20 board changes on record since 2007: 4 appointments and 16 cessations. The latest: Ravindra Sadashiv Kelkar was appointed as Whole-Time Director on 29 Sep 2023.
18 earlier events are in the company report.
Frequently asked questions
C & E is an active public limited company based in Kolkata, West Bengal, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 22 March 1961 (65+ years old) and is registered under CIN U51909WB1961PLC025027.
C & E has 4 current directors:
- Bijay Kumar Bagri - Whole-Time Director
- Ravindra Sadashiv Kelkar - Whole-Time Director
- Mukund Kumar Bhaiya - Director
- Asit Baran Bhattacharjee - Director
The latest financial statements of C & E on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of C & E is 19AACCC5418K2ZH, registered in West Bengal. The company has 13 GST registrations in all, of which 7 are active and 6 are cancelled or inactive. Other active GSTINs include 19AACCC5418K3ZG (West Bengal), 02AACCC5418K1ZX (Himachal Pradesh), 33AACCC5418K1ZS (Tamil Nadu).
The CIN (Corporate Identification Number) of C & E is U51909WB1961PLC025027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
C & E has 77 court cases on record: 53 filed by the company and 24 filed against it. 12 are pending. Most are in the high courts.
C & E was incorporated on 22 March 1961, making it 65+ years old. It is registered with the Registrar of Companies, Kolkata.
C & E has 4 deals on record (4 secondary share transfers); the latest was in March 2023.
The peers of C & E by revenue are Sunanda Speciality Coatings Pvt Ltd, KV Fire Chemicals (India) Private Limited, Associated Dyestuff Private Limited, Abhilash Chemicals and Pharmaceuticals Private Limited, Deepak Chemtex Limited and 2 more, all in the Chemicals industry (Dyes and Pigments, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ravindra Sadashiv Kelkar was appointed as Whole-Time Director on 29 Sep 2023. Bulaki Das Bhaiya ceased to be Whole-Time Director on 24 Jan 2022. Vidhan Bhaiya ceased to be Additional Director on 24 Jan 2022. C & E has 20 board changes on record in total.
Yes, C & E is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-11-0000272).
C & E has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 117 overdue payments to 22 micro and small suppliers. The latest return was filed on 08 Jun 2019.