Canpex Chemicals Private Limited

Canpex Chemicals Private Limited - chemicals and materials in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U24121PN1985PTC035089 Incorporated 17 January 1985 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2024
₹60.78 Cr
▼ 23% YoY
Net profit · FY 2024
₹17.11 Cr
Net margin 28.1%
EBITDA · FY 2024
₹23.74 Cr
EBITDA margin 39.1%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹25.84 Cr
Satisfied ₹108.91 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
67
Provident fund records

About Canpex Chemicals Private Limited

Data last updated:

Canpex Chemicals Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 17 January 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24121PN1985PTC035089. Its GSTIN is 27AAACC8495L1Z2 (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Subhash Babulal Mutha (Managing Director) and Prashant Subhash Mutha (Whole-Time Director).

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 123 Nana Peth Pune, Maharashtra, India – 411002.

As per the financials filed for FY 2024, the company reported a revenue of ₹60.78 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹17.11 Cr (net margin 28.1%) and EBITDA of ₹23.74 Cr (EBITDA margin 39.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.

The company has about 67 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Canpex Chemicals. As per MCA filings, the company has open charges of ₹25.84 Cr and satisfied charges of ₹108.91 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in October 2018. Its 4 peer companies in the Cleantech industry (Industrial Chemicals, Wind Power), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 2 smaller; the largest is Photokina Chemicals Private Limited with revenue of ₹61.2 Cr.

Canpex Chemicals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0008306). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website canpex.co.in.

Company details

CIN U24121PN1985PTC035089
Registration Number 035089
Incorporation Date 17 January 1985
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0008306

CIN history

Canpex Chemicals has one previous CIN (Corporate Identification Number): U24121MH1985PTC035089. The current CIN is U24121PN1985PTC035089, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24121PN1985PTC035089Current
U24121MH1985PTC035089Previous
Key People
Subhash Babulal Mutha Managing Director Prashant Subhash Mutha Whole-Time Director Vikas Vitthal Hole Director

Recognitions & Rankings of Canpex Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-26-0008306

Contact details

Canpex Chemicals Private Limited's registered office is in Pune, Maharashtra. Its website is canpex.co.in.

  • Website
    canpex.co.in
  • Registered Address
    123 Nana Peth Pune, Maharashtra, India – 411002
  • Industry
    Chemicals and Materials, Industrial Chemicals
Comprehensive company report
Canpex Chemicals 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

Canpex Chemicals operates one associated brand: Canpex Chemicals. Each brand links to its own profile.

BrandDescriptionWebsite
Canpex Chemicals
Produces high-quality guanidine nitrate products for industrial applications.canpex.co.in

Business activity

The main business activity of Canpex Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Canpex Chemicals Private Limited, buy the company report.

Financials of Canpex Chemicals Private Limited

FY 2024 filings available

Canpex Chemicals Private Limited reported revenue of ₹60.78 Cr (down 23% YoY) for FY 2024.

Revenue · FY 2024
₹60.78 Cr ▼ 23%
Net profit · FY 2024
₹17.11 Cr margin 28.1%
EBITDA · FY 2024
₹23.74 Cr margin 39.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 12%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 13%
5 years · compounded
▲ 27%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹23.74 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.11 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin39.1%
Net Profit Margin28.1%
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

To see the full financial statements and ratios of Canpex Chemicals Private Limited, buy the company report.

Board of directors of Canpex Chemicals Private Limited

Canpex Chemicals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikas Vitthal HoleDirector21 Jan 20197 Years 9 MonthsCurrent
Subhash Babulal Mutha
Also directs: Canpex Import Export LLP, Waterstar Solutions Private Limited, Guru Anand Medical and Research Foundation
Managing Director17 Jan 198541 Years 9 MonthsCurrent
Prashant Subhash Mutha
Also directs: Canpex Import Export LLP, Waterstar Solutions Private Limited, Canpex Life Science LLP and 1 more
Whole-Time Director01 Dec 200520 Years 11 MonthsCurrent
View all directors

Peer comparison

Canpex Chemicals Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Industrial Chemicals, Wind Power), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Photokina Chemicals Private Limited₹61.2 Cr (FY 2025)7.0%Ahmedabad, Gujarat, India
Krishnaraj Fertichem Private Limited₹60.91 Cr (FY 2025)62.0%Randheja, Gujarat, India
Canpex Chemicals Private Limitedthis company₹60.78 Cr (FY 2024)₹17.11 Cr28.1%-23.0%67Pune, Maharashtra, India
Maharashtra Organo Metallic Catalysts P.Ltd.₹60.77 Cr (FY 2024)-21.0%Mumbai, Maharashtra, India
Sahayamatha Salterns Private Limited₹60.62 Cr (FY 2024)-13.0%Tuticorin, Tamil Nadu, India

To see the full peer comparison of Canpex Chemicals Private Limited, buy the company report.

Auditor

Canpex Chemicals Private Limited is audited by S H SURANA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S H SURANAFY 2023034269

Shareholding

The shareholding of Canpex Chemicals 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Canpex Chemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25.84 Cr
Satisfied charges
₹108.91 Cr
Breakdown by lending institutions
Others₹25.00 Cr
Indian Renewable Energy Development Agency Limited₹0.84 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Mar 2022100555821Others₹25 CrOpen
28 May 200290091875Indian Renewable Energy Development Agency Limited₹83.5 LakhOpen
19 Sep 2018100206027Others₹55 LakhSatisfied
30 Jan 201410479340Others₹2 LakhSatisfied
23 Jul 201210374649Andhra Bank₹47.5 CrSatisfied

To see the full charge records of Canpex Chemicals Private Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Canpex Chemicals Private Limited has 2 deals on record (2 secondary share transfers); the latest was in October 2018.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2018Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Sep 2012Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Canpex Chemicals Private Limited was last rated by Icra on 11 Apr 2022.

Rating agencyRated onRating
Icra11 Apr 2022

To see the full credit ratings and regulatory alerts of Canpex Chemicals Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Canpex Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Canpex Chemicals Private Limited has a workforce of 67 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.

Employee count
67
Active EPFO establishments
1
Employee growth
-2.9%

GST

Canpex Chemicals has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAACC8495L1Z2MaharashtraActive01 Jul 2017
29AAACC8495L1ZYKarnatakaActive02 Sep 2025
27AAACC8495L2Z1MaharashtraActive01 Nov 2025

To see the full GST registrations and return filing status of Canpex Chemicals Private Limited, buy the company report.

Recent activity

Canpex Chemicals Private Limited has 6 board changes on record since 1985: 3 appointments and 3 cessations. The latest: Vikas Vitthal Hole ceased to be Additional Director on 30 Sep 2019.

Charges
A charge with Others of Rs. 2,500.00 Lakh registered on 17 Mar 2022 with Charge ID 100555821 was modified on 19 Apr 2025.
AGM
Canpex Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Canpex Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 30 Jan 2014 via Charge ID 10479340 with Others was fully satisfied on 10 Aug 2023.
Charges
A charge registered on 19 Sep 2018 via Charge ID 100206027 with Others was fully satisfied on 27 Dec 2022.
Charges
A charge with Others of Rs. 2.00 Lakh registered on 30 Jan 2014 with Charge ID 10479340 was modified on 09 Dec 2022.
Charges
A charge registered on 25 Feb 2002 via Charge ID 90082779 with Others was fully satisfied on 09 Dec 2022.
Charges
A charge registered on 25 Feb 2002 via Charge ID 80001944 with Others was fully satisfied on 07 Jun 2022.
Charges
A charge with Others of Rs. 553.00 Lakh registered on 25 Feb 2002 with Charge ID 90082779 was modified on 07 Jun 2022.
Charges
A charge with Others amounted to Rs. 2,500.00 Lakh with Charge ID 100555821 was registered on 17 Mar 2022.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 25 Feb 2002 with Charge ID 80001944 was modified on 25 Jan 2022.
Charges
A charge registered on 23 Jul 2012 via Charge ID 10374649 with Andhra Bank was fully satisfied on 31 Jul 2021.

44 earlier events are in the company report.

Frequently asked questions

Canpex Chemicals is an active private limited company based in Pune, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 17 January 1985 (41+ years old) and is registered under CIN U24121PN1985PTC035089.

Canpex Chemicals has 3 current directors:

The latest financial statements of Canpex Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Canpex Chemicals is 27AAACC8495L1Z2, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAACC8495L1ZY (Karnataka), 27AAACC8495L2Z1 (Maharashtra).

The CIN (Corporate Identification Number) of Canpex Chemicals is U24121PN1985PTC035089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Canpex Chemicals has 8 court cases on record: 7 filed by the company and 1 filed against it. Most are in the district courts.

Canpex Chemicals was incorporated on 17 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.

Canpex Chemicals has 2 deals on record (2 secondary share transfers); the latest was in October 2018.

The peers of Canpex Chemicals by revenue are Photokina Chemicals Private Limited, Krishnaraj Fertichem Private Limited, Maharashtra Organo Metallic Catalysts P.Ltd, Sahayamatha Salterns Private Limited, all in the Cleantech industry (Industrial Chemicals, Wind Power), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Vikas Vitthal Hole ceased to be Additional Director on 30 Sep 2019. Vikas Vitthal Hole was appointed as Director on 21 Jan 2019. Prashant Subhash Mutha ceased to be Director on 01 Jul 2015. Canpex Chemicals has 6 board changes on record in total.

Yes, Canpex Chemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0008306).