About Cheminova India Limited
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Cheminova India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Cheminova A/S. It operates in the crop protection segment of the agriculture sector. It was incorporated on 15 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1986PLC038627. Its GSTIN is 27AAACL1117E1Z3 (Maharashtra). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹69 Cr and a paid-up capital of ₹30.35 Cr. It was formerly known as Lupin Agro Chemicals (I) Pvt Ltd and Lupin Agro Chemicals (I) Ltd. It is led by directors including Manoj Khanna and Deepa Batra.
Its last annual general meeting (AGM) was held on 29 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,205.86 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹33.86 Cr (net margin 2.8%) and EBITDA of ₹200.45 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 44% over five years.
The company has about 300 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FMC Corporation. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹893.34 Cr on record. Court records list 311 cases involving the company, including 233 filed by the company and 78 filed against it; 29 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in November 2024. Its 6 peer companies in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 4 smaller; the largest is Arysta Lifescience India Limited with revenue of ₹1,217.88 Cr. The company has 12 MSME Form 1 returns on record between 2018 and 2024, listing 211 overdue payments to 31 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fmc.com.
Company details
Name history
Cheminova India has undergone 4 name changes throughout its history. The current legal name is Cheminova India Limited.
| Company Name | Status |
|---|---|
| Cheminova India Limited | Current |
| Lupin Agro Chemicals (I) Pvt Ltd | Previous |
| Lupin Agro Chemicals (I) Ltd | Previous |
| Lupin Agro Chemicals (India) Private Limited | Previous |
| Lupin Agro Chemicals (India) Limited | Previous |
Contact details
Cheminova India Limited's registered office is in Mumbai, Maharashtra. Its website is fmc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPhoenix Paragon Plaza 2nd Floor, Unit No. 2B – 39 – 41 Lbs Marg Kurla(W), Mumbai, Maharashtra, India – 400070
- IndustryAgriculture, Crop Protection
To see the full contact details of Cheminova India 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
Cheminova India operates one associated brand: FMC Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| FMC Corporation is engaged in agricultural sciences and crop protection. | fmc.com |
Business activity
The main business activity of Cheminova India 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 Cheminova India Limited, buy the company report.
Financials of Cheminova India Limited
FY 2024 filings availableCheminova India Limited reported revenue of ₹1,205.86 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA rose 61% 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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| Total Expenses | |||||
| EBITDA | ₹200.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.86 Cr | ||||
| Balance Sheet | |||||
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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 | 16.6% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Cheminova India Limited, buy the company report.
Board of directors of Cheminova India Limited
Cheminova India has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Khanna | Director | 22 Jun 2017 | 9 Years 4 Months | Current |
| Kunal Jha Also directs: FMC India Private Limited | Additional Director | 01 Jul 2025 | 1 Years 4 Months | Current |
| Deepa Batra | Director | 12 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Cheminova India Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Pesticides), with 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 |
|---|---|---|---|---|---|---|
| Arysta Lifescience India Limited | ₹1,217.88 Cr (FY 2022) | 240.0% | Mumbai, Maharashtra, India | |||
| SML Limited | ₹1,214.37 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Cheminova India Limitedthis company | ₹1,205.86 Cr (FY 2025) | ₹33.86 Cr | 2.8% | -50.0% | 300 | Mumbai, Maharashtra, India |
| Corteva Crop India Private Limited | ₹1,175.36 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| Zuari Farmhub Limited | ₹1,110.19 Cr (FY 2025) | 41.0% | Zuaringar, Goa, India | |||
| B R Agrotech Limited | ₹1,090.35 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Parijat Industries (India) Limited | ₹1,062.41 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Cheminova India Limited, buy the company report.
Auditor
Cheminova India Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Cheminova India 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 Cheminova India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 1995 | 90217953 | International Nederlanden Bank | ₹5 Cr | Open | |
| 31 Aug 2016 | 100103038 | Others | ₹24.4 Lakh | Satisfied | |
| 11 Jun 2013 | 10435524 | Kotak Mahindra Bank Limited | ₹40 Cr | Satisfied | |
| 25 Oct 2012 | 10389057 | Ing Vysya Bank Limited | ₹75 Cr | Satisfied | |
| 07 Sep 2012 | 10376933 | Rabobank International (Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.) | ₹70 Cr | Satisfied |
To see the full charge records of Cheminova India Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Cheminova India Limited has 4 deals on record (4 secondary share transfers); the latest was in November 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2009 | Secondary share transfer | Undisclosed | Seller: an individual |
| Aug 2008 | Secondary share transfer | Undisclosed | Seller: an individual |
| Jun 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cheminova India Limited has 311 court cases on record: 233 filed by Cheminova India, 78 filed against it. 29 cases are pending and 282 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 235 | 53 | 24 |
| High courts | 67 | 22 | 3 |
| Supreme Court | 9 | 3 | 2 |
Cases on record (5 of 311)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case ((T)CMA(TM)) | Filed by the company against Tricom Agro Pvt Ltd and 1 other | Disposed |
| District court, Kottayam, Kerala | Civil suit | Filed against the company by The Plantation Corporation of Kerala Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Sree Surya Agro Chemicals | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against The State of Gujarat | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against State of Gujarat | Pending |
To see the full case history of Cheminova India 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
Cheminova India Limited has 12 MSME Form 1 returns on record between 2018 and 2024, listing 211 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akshardeep Engineers | |||
| VPS Agritech Enterprises | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Cheminova India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cheminova India Limited has a workforce of 300 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Cheminova India has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL1117E1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 09AAACL1117E1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAACL1117E1ZI | Bihar | Active | 01 Jul 2017 |
| 18AAACL1117E1Z2 | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cheminova India Limited, buy the company report.
Recent activity
Cheminova India Limited has 29 board changes on record since 2008: 5 appointments and 24 cessations. The latest: Kunal Jha was appointed as Additional Director on 01 Jul 2025.
81 earlier events are in the company report.
News
Frequently asked questions
Cheminova India is an active public limited company based in Mumbai, Maharashtra, India. The company works in crop protection, within the agriculture industry. It was incorporated on 15 January 1986 (40+ years old) and is registered under CIN U24100MH1986PLC038627.
Cheminova India has 3 current directors:
- Manoj Khanna - Director
- Kunal Jha - Additional Director
- Deepa Batra - Director
The latest financial statements of Cheminova India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cheminova India is 27AAACL1117E1Z3, registered in Maharashtra. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 09AAACL1117E1Z1 (Uttar Pradesh), 10AAACL1117E1ZI (Bihar), 18AAACL1117E1Z2 (Assam).
The CIN (Corporate Identification Number) of Cheminova India is U24100MH1986PLC038627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheminova India has 311 court cases on record: 233 filed by the company and 78 filed against it. 29 are pending. Most are in the district courts.
Cheminova India was incorporated on 15 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Cheminova India has 4 deals on record (4 secondary share transfers); the latest was in November 2024.
The peers of Cheminova India by revenue are Arysta Lifescience India Limited, SML Limited, Corteva Crop India Private Limited, Zuari Farmhub Limited, B R Agrotech Limited and 1 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kunal Jha was appointed as Additional Director on 01 Jul 2025. Chappa Appala Swamy Naidu ceased to be Additional Director on 29 Sep 2023. Chappa Appala Swamy Naidu was appointed as Director on 08 Jun 2023. Cheminova India has 29 board changes on record in total.
Cheminova India has 12 MSME Form 1 returns on record between 2018 and 2024, listing 211 overdue payments to 31 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Cheminova India can be reached through the website fmc.com. Its registered office is in Mumbai, Maharashtra, India.
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