About Chembond Clean Water Technologies Limited
Data last updated:
Chembond Clean Water Technologies Limited was a public limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Chembond Water Technologies Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 17 April 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29248MH2010PLC202124. Its GSTIN is 27AACCH3765Q1ZY (Maharashtra). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.28 Cr. It was formerly known as H2O Innovation India Limited. It was led by directors including Sushil Uttamchand Lakhani and Vinod Janardan Deshpande.
Its last annual general meeting (AGM) was held on 20 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at El – 37 Chembond Centre Mahape MIDC, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.38 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹3.7 Cr (net margin 11.4%) and EBITDA of ₹5.79 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 28% over five years.
The company had about 88 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Chembond and Chembond Chemicals. As per MCA filings, the company had open charges of ₹4 Cr and satisfied charges of ₹50 Lakh on record. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.78 Cr; the latest was in June 2019. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 1 micro and small supplier.
The last known website on record is chembondindia.com.
Company details
Contact details
Chembond Clean Water Technologies Limited's registered office is in Navi Mumbai, Maharashtra. Its website is chembondindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEl – 37 Chembond Centre Mahape MIDC, Navi Mumbai, Maharashtra, India – 400710
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Chembond Clean Water Technologies 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
Brands
Chembond Clean Water Technologies operates two associated brands: Chembond and Chembond Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures water treatment chemicals and equipments for various industries. | chembondwater.com | |
| Coatings, adhesives, sealants, and construction chemicals are manufactured. | chembondindia.com |
Business activity
The main business activity of Chembond Clean Water Technologies is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Chembond Clean Water Technologies Limited, buy the company report.
Financials of Chembond Clean Water Technologies Limited
FY 2024 filings availableChembond Clean Water Technologies Limited reported revenue of ₹32.38 Cr (up 86% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 86% growth in the latest year. EBITDA rose 231% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹32.38 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.7 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 11.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Chembond Clean Water Technologies Limited, buy the company report.
Board of directors of Chembond Clean Water Technologies Limited
Chembond Clean Water Technologies has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Uttamchand Lakhani Also directs: Chembond Chemicals Limited, Chembond Water Technologies Limited, Sushil Lakhani & Associates LLP and 1 more | Director | 08 May 2010 | 16 Years 5 Months | As last reported |
| Vinod Janardan Deshpande | Director | 26 May 2016 | 10 Years 5 Months | As last reported |
| Dilpesh Shashikant Patel | Director | 01 Jun 2024 | 2 Years 5 Months | As last reported |
| Nirmal Vinod Shah Also directs: Chembond Chemicals Limited, Chembond Material Technologies Limited, Chembond Water Technologies Limited and 5 more | Director | 17 Apr 2010 | 16 Years 6 Months | As last reported |
| Mahendra Kalyanji Ghelani | Director | 01 Oct 2023 | 3 Years 1 Months | As last reported |
Auditor
Chembond Clean Water Technologies Limited is audited by Bathiya & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bathiya & Associates LLP | FY 2023 | 101046W / W100063 |
Shareholding
The shareholding of Chembond Clean Water Technologies 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 Chembond Clean Water Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2011 | 10275979 | Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Chembond Clean Water Technologies Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Chembond Clean Water Technologies Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.78 Cr; the latest was in June 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Chembond Water Technologies Limited , Chembond Chemicals Limited & Mamta N Shah Seller: Chembond Chemicals Limited & Vinod D Shah, Chembond Chemicals Limited, Visan Holdings Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Chembond Chemicals Limited & Nirmal V Shah, Chembond Chemicals Limited & Vinod D Shah, Chembond Chemicals Limited & Sameer V Shah Seller: Chembond Chemicals Limited, 3 individuals |
| Mar 2014 | Funding round | ₹3.65 Cr | Investors: Chembond Material Technologies Limited , Visan Holdings Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Visan Holdings Private Limited , Chembond Chemicals Limited, an individual Seller: H2O Innovation Inc, an individual |
| Mar 2012 | Funding round | ₹3.64 Cr | Investors: Chembond Material Technologies Limited , H2O Innovation Inc, Visan Holdings Private Limited |
To see the full deal history of Chembond Clean Water Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Chembond Clean Water Technologies Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Chembond Clean Water Technologies Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chembond Material Technologies Limited |
To see the full MSME payment records of Chembond Clean Water Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Chembond Clean Water Technologies Limited has a workforce of 88 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Chembond Clean Water Technologies has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH3765Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 24AACCH3765Q1Z4 | Gujarat | Active | 01 Jul 2017 |
| 02AACCH3765Q1ZA | Himachal Pradesh | Active | 14 Mar 2018 |
| 33AACCH3765Q1Z5 | Tamil Nadu | Active | 28 Mar 2018 |
To see the full GST registrations and return filing status of Chembond Clean Water Technologies Limited, buy the company report.
Recent activity
Chembond Clean Water Technologies Limited has 15 board changes on record since 2010: 5 appointments and 10 cessations. The latest: Dilpesh Shashikant Patel ceased to be Additional Director on 19 Jul 2024.
8 earlier events are in the company report.
News
Frequently asked questions
Chembond Clean Water Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Chembond Clean Water Technologies was a public limited company based in Navi Mumbai, Maharashtra, India. The company worked in specialty chemicals, within the chemicals and materials industry. It was incorporated on 17 April 2010 and is registered under CIN U29248MH2010PLC202124. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Chembond Clean Water Technologies was incorporated on 17 April 2010. It is registered with the Registrar of Companies, Mumbai.
Chembond Clean Water Technologies had 5 directors:
- Sushil Uttamchand Lakhani - Director
- Vinod Janardan Deshpande - Director
- Dilpesh Shashikant Patel - Director
- Nirmal Vinod Shah - Director
- Mahendra Kalyanji Ghelani - Director
The CIN (Corporate Identification Number) of Chembond Clean Water Technologies is U29248MH2010PLC202124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Chembond Clean Water Technologies is at El – 37 Chembond Centre Mahape MIDC, Navi Mumbai, Maharashtra, India – 400710.
Chembond Clean Water Technologies can be reached through the website chembondindia.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Chembond Clean Water Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chembond Clean Water Technologies is 27AACCH3765Q1ZY, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AACCH3765Q1Z4 (Gujarat), 02AACCH3765Q1ZA (Himachal Pradesh), 33AACCH3765Q1Z5 (Tamil Nadu).
Chembond Clean Water Technologies operated in the chemicals and materials industry, in the specialty chemicals segment.
Chembond Clean Water Technologies has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.78 Cr; the latest was in June 2019.
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