MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0029749
Chamundi Explosives Pvt Ltd - chemicals and materials in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.42 Cr
▼ 37% YoY
Net loss · FY 2025
₹41.27 Lakh
Net margin -4.4%
EBITDA · FY 2025
₹26.6 Lakh
EBITDA margin 2.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹3.35 Lakh
Issued & subscribed
Open charges
₹7.71 Cr
Secured borrowings
Company age
39 yrs
Est. 1987
Employees · EPFO
80
Provident fund records
About Chamundi Explosives Pvt Ltd
Data last updated:
Chamundi Explosives Pvt Ltd is a private limited company based in Nagpur, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 14 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U24292MH1987PTC042194. Its GSTIN is 27AAACC8075E1ZP (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹3.35 Lakh. It is led by directors including Shivshankar Babulal Khemka (Managing Director) and Jay Shivshankar Khemka (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 210 Laxmi Nagar Near Water Tanks, Nagpur, Maharashtra, India – 440022.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.42 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹41.27 Lakh (net margin -4.4%) and EBITDA of ₹26.6 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.71 Cr on record. Court records list 16 cases involving the company, including 16 filed by the company.
Chamundi Explosives Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0029749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chamundiexplosives.com.
Company Details of Chamundi Explosives Pvt Ltd
CIN U24292MH1987PTC042194
Registration Number 042194
Incorporation Date 14 January 1987
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0029749
Key People
Shivshankar Babulal Khemka Managing Director Jay Shivshankar Khemka Whole-Time Director Sanjay Nagorao Tidke Whole-Time Director Recognitions & Rankings of Chamundi Explosives
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address210 Laxmi Nagar Near Water Tanks, Nagpur, Maharashtra, India – 440022
- IndustryChemicals and Materials, Specialty Chemicals
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Business Activity of Chamundi Explosives Pvt Ltd
The main business activity of Chamundi Explosives 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Chamundi Explosives Pvt Ltd FY 2025 filings available
Chamundi Explosives Pvt Ltd reported revenue of ₹9.42 Cr (down 37% YoY) for FY 2025.
Revenue · FY 2025
₹9.42 Cr ▼ 37%
Net loss · FY 2025
₹41.27 Lakh margin -4.4%
EBITDA · FY 2025
₹26.6 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR) of Chamundi Explosives Pvt Ltd
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 10%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 38%
5 years · compounded
▼ 16%
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 87% 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 Chamundi Explosives Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹26.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹41.27 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 Chamundi Explosives Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.4% | •••• | •••• | •••• | •••• |
| 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 Chamundi Explosives are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Chamundi Explosives Pvt Ltd
Chamundi Explosives has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivshankar Babulal Khemka Also directs: Bagazo Industries Private Limited, Khemka Motors Private Limited | Managing Director | 01 Apr 2006 | 20 Years 6 Months | Current |
| Phoolkumar Tirilokinath Bhargava | Director | 28 Nov 1991 | 34 Years 10 Months | Current |
| Jay Shivshankar Khemka | Whole-Time Director | 01 Apr 2006 | 20 Years 6 Months | Current |
| Sanjay Nagorao Tidke | Whole-Time Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Peer Comparison of Chamundi Explosives Pvt Ltd
Chamundi Explosives Pvt Ltd is compared with the companies closest to it by revenue in the Chemicals industry (Power Equipment Manufacturers, Specialty 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 |
|---|---|---|---|---|---|---|
| York Chem Industries Private Limited | ₹9.45 Cr (FY 2025) | •••• | •••• | 205.0% | •••• | Kalol, Gujarat, India |
| Eurotek Foundry Products India Private Limited | ₹9.44 Cr (FY 2025) | •••• | •••• | •••• | Khed, Maharashtra, India | |
| Omme Electromech Private Limited | ₹9.44 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Shree Kalp Products Private Limited | ₹9.43 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Aurangabad, Maharashtra, India |
| Ie Power Technologies Private Limited | ₹9.42 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Bangalore, Karnataka, India |
| Chamundi Explosives Pvt Ltd this company | ₹9.42 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Nagpur, Maharashtra, India |
| Rightwatts Solutions Private Limited | ₹9.42 Cr (FY 2024) | •••• | •••• | 58.0% | •••• | New Delhi, Delhi, India |
| Kva Process Transformers Private Limited | ₹9.41 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Howrah, West Bengal, India |
| Amax Adhesive India Private Limited | ₹9.4 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Jaipur, Rajasthan, India |
| Agrinexus Farm Solutions Private Limited | ₹9.39 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Pune, Maharashtra, India |
| Sneha Techno Equipments Private Limited. | ₹9.39 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Chamundi Explosives by revenue in the Chemicals industry (Power Equipment Manufacturers, Specialty 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 Chamundi Explosives Pvt Ltd
Chamundi Explosives Pvt Ltd is audited by AGRAWAL CHHALLANI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGRAWAL CHHALLANI & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Chamundi Explosives Pvt Ltd
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Charges & Borrowings of Chamundi Explosives Pvt Ltd
Open charges
₹7.71 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2022 | Bank of India | ₹2.93 Cr | Open |
| 09 Nov 2021 | Bank of India | ₹40 Lakh | Open |
| 13 Dec 2007 | Bank of India | ₹3 Lakh | Open |
| 13 Dec 2007 | Bank of India | ₹90,000 | Open |
| 19 Oct 1995 | Bank of India | ₹17.4 Lakh | Open |
Total charge records: 13 View all charges
Legal Cases of Chamundi Explosives Pvt Ltd
Chamundi Explosives Pvt Ltd has 16 court cases on record: 16 filed by Chamundi Explosives. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Total cases
16
Filed by the company
16
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 0 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Vetrivel Explosives Private Limited | Disposed |
| Calcutta High Court | Company petition | Filed by the company against Dalmia DSP Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
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All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Chamundi Explosives Pvt Ltd
Chamundi Explosives Pvt Ltd has a workforce of 80 employees as of Mar 31, 2024.
Employee count
80
Active EPFO establishments
1
Employee growth
-2.44%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Chamundi Explosives Pvt Ltd
Chamundi Explosives Pvt Ltd has 5 board changes on record since 1991: 4 appointments and 1 cessation. The latest: Sanjay Nagorao Tidke was appointed as Whole-Time Director on 01 Apr 2025.
Charges
A charge with Bank Of India of Rs. 2.93 Cr registered on 21 Nov 2022 with Charge ID 100650019 was modified on 03 Jan 2026.
AGM
Chamundi Explosives Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Sanjay Nagorao Tidke was appointed as Whole-Time Director.
Filing
Chamundi Explosives Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
A charge with Bank Of India amounted to Rs. 2.93 Cr with Charge ID 100650019 was registered on 21 Nov 2022.
Charges
A charge with Bank Of India amounted to Rs. 0.40 Cr with Charge ID 100506244 was registered on 09 Nov 2021.
Charges
A charge with Bank Of India of Rs. 3.69 Cr registered on 29 Jan 1994 with Charge ID 90220177 was modified on 22 Jun 2021.
Ceased
Phoolkumar Tirilokinath Bhargava ceased to be Whole-Time Director.
Charges
A charge with Bank Of India amounted to Rs. 0.03 Cr with Charge ID 10084420 was registered on 13 Dec 2007.
Charges
A charge with Bank Of India amounted to Rs. 0.01 Cr with Charge ID 10084421 was registered on 13 Dec 2007.
Appointed
Jay Shivshankar Khemka was appointed as Whole-Time Director.
Appointed
Shivshankar Babulal Khemka was appointed as Managing Director.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chamundi Explosives Pvt Ltd
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MSME Payment Delays by Chamundi Explosives Pvt Ltd
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Subsidiaries & Group Companies of Chamundi Explosives Pvt Ltd
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Corporate group structure
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GST Compliance of Chamundi Explosives Pvt Ltd
Chamundi Explosives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC8075E1ZP | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Chamundi Explosives Pvt Ltd
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Frequently Asked Questions about Chamundi Explosives Pvt Ltd
Chamundi Explosives is an active private limited company based in Nagpur, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 14 January 1987 (39+ years old) and is registered under CIN U24292MH1987PTC042194.
Chamundi Explosives reported revenue of ₹9.42 Cr for FY 2025 (down 37% YoY).
Chamundi Explosives has 4 current directors:
- Shivshankar Babulal Khemka - Managing Director
- Jay Shivshankar Khemka - Whole-Time Director
- Sanjay Nagorao Tidke - Whole-Time Director
- Phoolkumar Tirilokinath Bhargava - Director
Chamundi Explosives reported a net loss of ₹41.27 Lakh (net margin -4.4%) and EBITDA of ₹26.6 Lakh (EBITDA margin 2.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chamundi Explosives is -10% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chamundi Explosives is 27AAACC8075E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Chamundi Explosives is U24292MH1987PTC042194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chamundi Explosives has 16 court cases on record: 16 filed by the company. Most are in the district courts.
Chamundi Explosives was incorporated on 14 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Chamundi Explosives by revenue are York Chem Industries Private Limited, Eurotek Foundry Products India Private Limited, Omme Electromech Private Limited, Shree Kalp Products Private Limited, Ie Power Technologies Private Limited and 5 more, all in the Chemicals industry (Power Equipment Manufacturers, Specialty Chemicals).
Sanjay Nagorao Tidke was appointed as Whole-Time Director on 01 Apr 2025. Phoolkumar Tirilokinath Bhargava ceased to be Whole-Time Director on 01 Dec 2017. Jay Shivshankar Khemka was appointed as Whole-Time Director on 01 Apr 2006. Chamundi Explosives has 5 board changes on record in total.