- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0066384

About Chembond Water Technologies Limited
Data last updated:
Chembond Water Technologies Limited is a public limited company based in Thane, Maharashtra, India, a subsidiary of Chembond Chemicals Limited. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 12 December 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1984PLC143564. Its GSTIN is 27AAACD1293K1ZL (Maharashtra). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Chembond Ashland Water Technologies Limited and Chembond Solenis Water Technologies Limited. It is led by directors including Nirmal Vinod Shah (Managing Director) and Sushil Uttamchand Lakhani.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹234.19 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹26.54 Cr (net margin 11.3%) and EBITDA of ₹38.24 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 616 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Chembond. As per MCA filings, the company has open charges of ₹32.9 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in April 2017. The company has 9 MSME Form 1 returns on record between 2021 and 2023, listing 321 overdue payments to 24 micro and small suppliers.
Chembond Water Technologies Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0066384). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chembondwater.com.
Company details
Name history
Chembond Water Technologies has undergone 3 name changes throughout its history. The company was previously known as Chembond Ashland Water Technologies Limited, Chembond Solenis Water Technologies Limited, and Chembond Drewtreat Limited. The current legal name is Chembond Water Technologies Limited.
| Company Name | Status |
|---|---|
| Chembond Water Technologies Limited | Current |
| Chembond Ashland Water Technologies Limited | Previous |
| Chembond Solenis Water Technologies Limited | Previous |
| Chembond Drewtreat Limited | Previous |
CIN history
Chembond Water Technologies has one previous CIN (Corporate Identification Number): U24110MH2003PLC143564. The current CIN is U24110MH1984PLC143564, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1984PLC143564 | Current |
| U24110MH2003PLC143564 | Previous |
Recognitions & Rankings of Chembond Water Technologies
Contact details
Chembond Water Technologies Limited's registered office is in Thane, Maharashtra. Its website is chembondwater.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEl – 37 Chembond Centre, MIDC Mahape Navi Mumbai, Thane, Maharashtra, India – 400710
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Chembond 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 Water Technologies operates one associated brand: Chembond. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures water treatment chemicals and equipments for various industries. | chembondwater.com |
Business activity
The main business activity of Chembond 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 Water Technologies Limited, buy the company report.
Financials of Chembond Water Technologies Limited
FY 2025 filings availableChembond Water Technologies Limited reported revenue of ₹234.19 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 5% growth in the latest year. EBITDA rose 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹38.24 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹26.54 Cr | ||||
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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 | 16.3% | ||||
| Net Profit Margin | 11.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Chembond Water Technologies Limited, buy the company report.
Board of directors of Chembond Water Technologies Limited
Chembond Water Technologies has 5 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Uttamchand Lakhani | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Vinod Janardan Deshpande Also directs: Chembond Calvatis Industrial Hygiene Systems Limited | Director | 11 May 2016 | 10 Years 5 Months | Current |
| Nirmal Vinod Shah Also directs: Chembond Chemicals Limited, Chembond Material Technologies Limited, Chembond Distribution Limited and 4 more | Managing Director | 26 Apr 2001 | 25 Years 5 Months | Current |
| Prakash Druman Trivedi Also directs: Hitech Corporation Limited | Director | 26 Jul 2024 | 2 Years 2 Months | Current |
| Mahendra Kalyanji Ghelani Also directs: Chembond Chemicals Limited, Variety Investments Pvt Ltd | Director | 27 Oct 2016 | 9 Years 11 Months | Current |
Auditor
Chembond 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 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 Water Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2025 | 101043015 | Others | ₹1.4 Cr | Open | |
| 19 Jan 2023 | 100668436 | Hdfc Bank Limited | ₹7.5 Cr | Open | |
| 02 Nov 2001 | 80066370 | Bank of India | ₹24 Cr | Open |
To see the full charge records of Chembond Water Technologies Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Chembond Water Technologies Limited has 2 deals on record (2 secondary share transfers); the latest was in April 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Chembond Material Technologies Limited , Chembond Chemicals Limited & Shilpa S Shah Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Chembond Chemicals Limited & Mamta N Shah, an individual Seller: Ashland International Holdings Inc, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chembond Water Technologies Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 2 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Filed against the company | Pending |
| High Court of Gujarat | Court case (MCA) | Filed against the company by an individual | Disposed |
| District court, Purba Medinipur, West Bengal | Court case (Cr Case) | Filed against the company by an individual | Disposed |
| District court, Panipat, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Chembond Water Technologies 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
Chembond Water Technologies Limited has 9 MSME Form 1 returns on record between 2021 and 2023, listing 321 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Finor Piplaj Chemicals Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Zen Marketing Limited | |||
| Shree Saibaba Chemicals Industries |
To see the full MSME payment records of Chembond Water Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Chembond Water Technologies has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Chembond Clean Water Technologies Limited | U29248MH2010PLC202124 |
To see the full group structure of Chembond Water Technologies Limited, buy the company report.
Employees & EPFO
Chembond Water Technologies Limited has a workforce of 616 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Chembond Water Technologies has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1293K1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AAACD1293K2ZK | Maharashtra | Active | 12 Jun 2018 |
| 02AAACD1293K1ZX | Himachal Pradesh | Active | 01 Jul 2017 |
| 24AAACD1293K1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chembond Water Technologies Limited, buy the company report.
Recent activity
Chembond Water Technologies Limited has 29 board changes on record since 2001: 5 appointments and 24 cessations. The latest: Prakash Druman Trivedi ceased to be Additional Director on 21 May 2025.
25 earlier events are in the company report.
Frequently asked questions
Chembond Water Technologies is an active public limited company based in Thane, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 12 December 1984 (42+ years old) and is registered under CIN U24110MH1984PLC143564.
Chembond Water Technologies has 5 current directors:
- Nirmal Vinod Shah - Managing Director
- Sushil Uttamchand Lakhani - Director
- Vinod Janardan Deshpande - Director
- Prakash Druman Trivedi - Director
- Mahendra Kalyanji Ghelani - Director
The latest financial statements of Chembond Water Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chembond Water Technologies is 27AAACD1293K1ZL, registered in Maharashtra. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACD1293K2ZK (Maharashtra), 02AAACD1293K1ZX (Himachal Pradesh), 24AAACD1293K1ZR (Gujarat).
The CIN (Corporate Identification Number) of Chembond Water Technologies is U24110MH1984PLC143564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chembond Water Technologies has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
Chembond Water Technologies was incorporated on 12 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Chembond Water Technologies has 2 deals on record (2 secondary share transfers); the latest was in April 2017.
Prakash Druman Trivedi ceased to be Additional Director on 21 May 2025. Prakash Druman Trivedi was appointed as Director on 26 Jul 2024. Sushil Uttamchand Lakhani ceased to be Additional Director on 19 Jul 2024. Chembond Water Technologies has 29 board changes on record in total.
Yes, Chembond Water Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0066384).
Chembond Water Technologies has 9 MSME Form 1 returns on record between 2021 and 2023, listing 321 overdue payments to 24 micro and small suppliers. The latest return was filed on 14 Nov 2023.