
Chemet Industries (Vatva) Pvt Ltd
About Chemet Industries (Vatva) Pvt Ltd
Data last updated:
Chemet Industries (Vatva) Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical products segment of the chemicals sector. It was incorporated on 04 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1986PTC040312. Its GSTIN is 24AAECC8354N1ZA (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lakhpat Meghraj Bhandari and Chanchal Lakhpat Bhandari.
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 612 – A Embassy Centrenariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹4 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹30.54 Lakh and EBITDA of -₹30.37 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chemet Industries (Vatva) Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address612 – A Embassy Centrenariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
To see the full contact details of Chemet Industries (Vatva) Pvt Ltd, 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 Chemet Industries (Vatva) 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 Chemet Industries (Vatva) Pvt Ltd, buy the company report.
Financials of Chemet Industries (Vatva) Pvt Ltd
FY 2025 filings availableChemet Industries (Vatva) Pvt Ltd reported revenue of ₹4 Lakh (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 57% fall 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 | -₹30.37 Lakh | ||||
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| Net Profit (PAT) | -₹30.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Chemet Industries (Vatva) Pvt Ltd, buy the company report.
Board of directors of Chemet Industries (Vatva) Pvt Ltd
Chemet Industries (Vatva) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakhpat Meghraj Bhandari Also directs: Brite International Private Limited, Manish Surfactants Limited, Nakoda Exports Limited and 5 more | Director | 04 Jul 1986 | 40 Years 4 Months | Current |
| Chanchal Lakhpat Bhandari | Director | 04 Jul 1986 | 40 Years 4 Months | Current |
| Basant Meghraj Bhandari | Director | 25 Jun 2002 | 24 Years 4 Months | Current |
Peer comparison
Chemet Industries (Vatva) Pvt Ltd is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| D.Care Pharmaceutical Private Limited | ₹4.03 Lakh (FY 2023) | -39.0% | Rajkot, Gujarat, India | |||
| Neun Infra Private Limited | ₹4.02 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Dhaniramramsevak (OPC) Private Limited | ₹4.02 Lakh (FY 2021) | 14.0% | Nai Basti Maudaha, Uttar Pradesh, India | |||
| Wellwise Healthcare Solutions Private Limited | ₹4.01 Lakh (FY 2024) | 20.0% | Gopalganj, Bihar, India | |||
| Premiumscot Healthcare Private Limited | ₹4 Lakh (FY 2025) | Karnal, Haryana, India | ||||
| Chemet Industries (Vatva) Pvt Ltdthis company | ₹4 Lakh (FY 2025) | -₹30.54 Lakh | -57.0% | Mumbai, Maharashtra, India | ||
| Thycure Pharma Private Limited | ₹4 Lakh (FY 2025) | 135.0% | Mumbai, Maharashtra, India | |||
| Humedaxive Pharma Private Limited | ₹3.99 Lakh (FY 2025) | 64.0% | Kurtha, Town-Kinjar, Arwal, Bihar, India | |||
| Shree Rudra Animal Health Private Limited | ₹3.98 Lakh (FY 2023) | -91.0% | Hyderabad, Telangana, India | |||
| Reshlon Cosmetics Private Limited | ₹3.97 Lakh (FY 2015) | 42.0% | Thane, Maharashtra, India | |||
| Novicesar Pharmaceuticals Private Limited | ₹3.96 Lakh (FY 2024) | -62.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Chemet Industries (Vatva) Pvt Ltd, buy the company report.
Auditor
Chemet Industries (Vatva) Pvt Ltd is audited by G V VYAS & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V VYAS & COMPANY | FY 2017 | 036526 |
Shareholding
The shareholding of Chemet Industries (Vatva) Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chemet Industries (Vatva) Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Chemet Industries (Vatva) Pvt Ltd 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
No delayed payments to MSME suppliers are on our record for Chemet Industries (Vatva) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chemet Industries (Vatva) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECC8354N1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chemet Industries (Vatva) Pvt Ltd, buy the company report.
Recent activity
Chemet Industries (Vatva) Pvt Ltd has 3 board changes on record since 1986: 3 appointments. The latest: Basant Meghraj Bhandari was appointed as Director on 25 Jun 2002.
Frequently asked questions
Chemet Industries (Vatva) is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical products, within the chemicals industry. It was incorporated on 04 July 1986 (40+ years old) and is registered under CIN U24100MH1986PTC040312.
Chemet Industries (Vatva) has 3 current directors:
- Lakhpat Meghraj Bhandari - Director
- Chanchal Lakhpat Bhandari - Director
- Basant Meghraj Bhandari - Director
The latest financial statements of Chemet Industries (Vatva) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chemet Industries (Vatva) is 24AAECC8354N1ZA, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Chemet Industries (Vatva) is U24100MH1986PTC040312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chemet Industries (Vatva) was incorporated on 04 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chemet Industries (Vatva) by revenue are D.Care Pharmaceutical Private Limited, Neun Infra Private Limited, Dhaniramramsevak (OPC) Private Limited, Wellwise Healthcare Solutions Private Limited, Premiumscot Healthcare Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Basant Meghraj Bhandari was appointed as Director on 25 Jun 2002. Chanchal Lakhpat Bhandari was appointed as Director on 04 Jul 1986. Lakhpat Meghraj Bhandari was appointed as Director on 04 Jul 1986.
The registered office of Chemet Industries (Vatva) is at 612 – A Embassy Centrenariman Point, Mumbai, Maharashtra, India – 400021.
Chemet Industries (Vatva) operates in the chemicals industry, in the chemical products segment.
The compliance status of Chemet Industries (Vatva) is compliant as of 06 August 2026. The company is actively filing with the Registrar of Companies.

