About Chemitals Private Limited
Data last updated:
Chemitals Private Limited is a private limited company based in Dobaspet, Karnataka, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 05 February 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24119KA1981PTC004098. Its GSTIN is 29AAACC9071E1ZN (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.02 Cr. It is led by directors Jayaram Muthukali (Managing Director) and Siddharth Jayaram Muthukali (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shed A KIADB Plot No. 320 & 321 Sompura 1st Stage Industrial Area Dobaspet Nelaman, Galatq, Karnataka, India – 562132.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.98 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹25.44 Lakh (net margin 0.7%) and EBITDA of ₹97.35 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 2% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Chemitals. As per MCA filings, the company has open charges of ₹12.49 Cr and satisfied charges of ₹2.98 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chemitals.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShed A KIADB Plot No. 320 & 321 Sompura 1st Stage Industrial Area Dobaspet Nelaman, Galatq, Karnataka, India – 562132
- IndustryChemicals and Materials, Specialty Chemicals
- 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
- One PDF report, delivered after checkout
Associated Brands with Chemitals Private Limited
Chemitals operates one associated brand: Chemitals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Zinc Oxide manufacturing and supply for industrial sectors in India. | chemitals.com |
Business Activity of Chemitals Private Limited
The main business activity of Chemitals is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Chemitals Private Limited
Chemitals Private Limited is audited by Gowthama & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gowthama & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Chemitals Private Limited
Chemitals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Jayaram Muthukali Also directs: Rajeshwari Recyclers LLP, Rajeshwari Metpro LLP, Rajeshwari Metpro Private Limited and 2 more | Whole-Time Director | 10 Oct 2012 | 13 Years 11 Months | Current |
| Jayaram Muthukali Also directs: Rajeshwari Recyclers LLP, Rajeshwari Metpro LLP, Rajeshwari Metpro Private Limited and 2 more | Managing Director | 24 Jan 2005 | 21 Years 8 Months | Current |
Financials of Chemitals Private Limited FY 2024 filings available
Chemitals Private Limited reported revenue of ₹35.98 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Chemitals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 36% growth in the latest year. EBITDA rose 5% 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 Chemitals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹97.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.44 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 Chemitals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Chemitals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Chemitals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Chemitals Private Limited
Chemitals has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Charges & Borrowings of Chemitals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2010 | Yes Bank Limited | ₹8.5 Cr | Open |
| 07 Nov 2001 | Canara Bank | ₹40 Lakh | Open |
| 07 Nov 2001 | Canara Bank | ₹40 Lakh | Open |
| 04 Jul 1998 | Canbank Factors Ltd | ₹80 Lakh | Open |
| 21 Nov 1988 | Canara Bank | ₹35 Lakh | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Chemitals Private Limited
Chemitals Private Limited has a workforce of 11 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Chemitals Private Limited
Chemitals has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACC9071E1ZN | Karnataka | Active | 01 Jul 2017 |
| 29AAACC9071E1DW | Karnataka | Active | 29 Nov 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Chemitals Private Limited
Chemitals Private Limited has 7 court cases on record: 6 filed by Chemitals, 1 filed against it. 1 case is pending and 6 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 3 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against Falcon Tyres Limited | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against Falcon Tyres Limited | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Kavcon Engineers Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Kavcon Engineers Private Limited | Disposed |
| Calcutta High Court | Company petition | Filed against the company by Dunlop India Ltd | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Chemitals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chemitals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chemitals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chemitals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Chemitals Private Limited
Frequently Asked Questions about Chemitals Private Limited
Chemitals is an active private limited company based in Dobaspet, Karnataka, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 05 February 1981 (45+ years old) and is registered under CIN U24119KA1981PTC004098.
Chemitals reported revenue of ₹35.98 Cr for FY 2024 (up 36% YoY).
Chemitals has 2 current directors:
- Jayaram Muthukali - Managing Director
- Siddharth Jayaram Muthukali - Whole-Time Director
Chemitals reported a net profit of ₹25.44 Lakh (net margin 0.7%) and EBITDA of ₹97.35 Lakh (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chemitals is 24% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chemitals is 29AAACC9071E1ZN, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACC9071E1DW (Karnataka).
The CIN (Corporate Identification Number) of Chemitals is U24119KA1981PTC004098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chemitals has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Chemitals was incorporated on 05 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.