About Starsource Multitrade Limited
Data last updated:
Starsource Multitrade Limited is a public limited company based in Kalyan, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 17 August 1942 and has been in existence for over 84 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L46900MH1942PLC003556. Its shares are listed on BSE: 506365.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Chemo Pharma Laboratories Ltd. It is led by directors including Ruchit Mehta and Sarvagya Goel.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Kumud Apartment Chs Limited Karnik Road Chikan Ghar Kalyan, Maharashtra, India – 421301.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹53 Lakh. For the same year it recorded a net profit of ₹2 Lakh (net margin 3.8%) and EBITDA of -₹11.87 Cr. The net worth stands at ₹1.29 Cr (down 90.2% YoY). Total assets are valued at ₹1.3 Cr (down 90.1% YoY).
The company is associated with 1 brand: The Chemo Pharma Laboratories. As per MCA filings, the company has open charges of ₹50,000 and satisfied charges of ₹6.24 Cr on record. Court records list 22 cases involving the company, including 8 filed by the company and 14 filed against it; 10 cases are pending. The company has 15 deals on record (15 market trades); the latest was in June 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thechemopharmalaboratoriesltd.com.
Company details
CIN history
Starsource Multitrade has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L46900MH1942PLC003556, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L46900MH1942PLC003556 | Current |
| U99999MH1942PTC003556 | Previous |
| L99999MH1942PLC003556 | Previous |
Contact details
Starsource Multitrade Limited's registered office is in Kalyan, Maharashtra.
- Registered Address5 Kumud Apartment Chs Limited Karnik Road Chikan Ghar Kalyan, Maharashtra, India – 421301
- IndustryPharma, Drug Formulation & Development
- 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
Starsource Multitrade operates one associated brand: The Chemo Pharma Laboratories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bulk drugs and pharmaceuticals have been developed since 1942. | thechemopharmalaboratoriesltd.com |
Business activity
The main business activity of Starsource Multitrade 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 Starsource Multitrade Limited, buy the company report.
Financials of Starsource Multitrade Limited
FY 2025-26 filings availableStarsource Multitrade Limited reported revenue of ₹53 Lakh for FY 2025-26.
Financial Highlights
FY 2015-16 · ConsolidatedFinancial summary ₹ Cr
| Metrics | FY 2015-16 |
|---|---|
| Income statement | |
| Revenue | 0.00 |
| EBITDA | (1.84) |
| Profit before tax | (1.35) |
| Net profit | 0.11 |
| EPS (₹) | 0.00 |
| Balance sheet | |
| Total assets | 3.79 |
| Net worth | 3.67 |
| Total debt | 0.00 |
| Cash & bank | 0.44 |
| Net working capital | 2.12 |
| Cash flow | |
| Cash from operations | (2.09) |
| Cash from investing | 2.15 |
| Cash from financing | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (11.87) | (0.11) | (0.18) | (0.20) | (0.40) | (0.33) | (0.49) |
| EBITDA margin | -2239.6% | - | - | - | - | - | - |
| Profit before tax | (11.85) | 0.50 | 1.65 | 0.08 | 0.37 | 0.32 | 0.49 |
| Net profit | 0.02 | 0.45 | 1.19 | 0.05 | 0.39 | 0.26 | 0.41 |
| Net profit margin | +3.8% | - | - | - | - | - | - |
| EPS (₹) | (79.03) | 2.28 | 8.00 | 0.32 | 3.73 | 1.67 | 2.77 |
| Balance sheet | |||||||
| Total assets | 1.30 | 13.14 | 12.80 | 11.60 | 11.55 | 10.99 | 10.74 |
| Net worth | 1.29 | 13.14 | 12.80 | 11.60 | 11.55 | 10.99 | 10.74 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.01 | 10.62 | 6.11 | 6.06 | 6.19 | 10.87 | 8.81 |
| Net working capital | 1.28 | 10.60 | 6.06 | 6.11 | 6.19 | 10.90 | 8.69 |
| Cash flow | |||||||
| Cash from operations | (10.62) | (0.28) | 0.72 | (0.68) | (0.33) | (0.41) | 4.83 |
| Cash from investing | 0.01 | 10.46 | (0.52) | 0.63 | 0.97 | (0.19) | 1.01 |
| Cash from financing | 0.00 | (0.16) | (0.15) | (0.08) | (2.12) | 1.96 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.07 | 0.00 | 0.00 | 0.53 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | (0.16) | (0.15) | 0.63 |
| Total expenses | 0.05 | 0.07 | 0.09 | 0.43 | 11.83 | 0.02 | 0.02 | 0.02 |
| EBITDA | 0.02 | (0.07) | (0.09) | 0.10 | (11.83) | (0.02) | (0.02) | (0.02) |
| EBITDA margin | +28.6% | - | - | +18.9% | - | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.02 | (0.07) | (0.09) | 0.10 | (11.81) | (0.18) | (0.17) | 0.61 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 | 0.00 | 0.00 |
Financial Statements
| Particulars | FY 2015-16 |
|---|---|
| Revenue | 0.00 |
| Other income | 0.49 |
| Total expenses | 1.84 |
| Employee cost | 0.03 |
| EBITDA | (1.84) |
| Depreciation | 0.00 |
| Interest | 0.00 |
| Profit before tax | (1.35) |
| Tax | 0.10 |
| Net profit | 0.11 |
| EPS (₹) | 0.00 |
| Particulars | FY 2015-16 |
|---|---|
| Equity & liabilities | |
| Share capital | 1.50 |
| Reserves & surplus | 2.17 |
| Shareholders' funds (net worth) | 3.67 |
| Minority interest | 0.00 |
| Secured loans | 0.00 |
| Unsecured loans | 0.00 |
| Total debt | 0.00 |
| Total liabilities | 3.79 |
| Assets | |
| Gross block | 0.09 |
| Net block | 0.01 |
| Capital work in progress | 0.00 |
| Investments | 0.02 |
| Inventories | 0.00 |
| Sundry debtors | 0.00 |
| Cash & bank balances | 0.44 |
| Loans & advances | 1.75 |
| Total current assets | 2.19 |
| Total current liabilities | 0.07 |
| Net working capital | 2.12 |
| Total assets | 3.79 |
| Particulars | FY 2015-16 |
|---|---|
| Opening cash | 0.38 |
| Net cash from operating activities | (2.09) |
| Net cash from investing activities | 2.15 |
| Net cash from financing activities | 0.00 |
| Net change in cash | 0.06 |
| Closing cash | 0.44 |
| Particulars | FY 2015-16 |
|---|---|
| Growth | |
| PBT growth | +9997.0% |
| Profitability & leverage | |
| Return on capital employed | 0.0% |
| Return on net worth | 0.0% |
| Debt / equity | 0.00 |
| Long-term debt / equity | 0.00 |
| Interest cover | 0.00 |
| Efficiency & per share | |
| Fixed asset turnover | 0.00 |
| Inventory turnover | 0.00 |
| Debtors turnover | 0.00 |
| EPS (₹) | 0.00 |
| Dividend per share (₹) | 0.00 |
| Book value per share (₹) | 24.49 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.07 | 0.00 | 0.00 | 0.53 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | (0.16) | (0.15) | 0.63 |
| Total expenses | 0.05 | 0.07 | 0.09 | 0.43 | 11.83 | 0.02 | 0.02 | 0.02 |
| EBITDA | 0.02 | (0.07) | (0.09) | 0.10 | (11.83) | (0.02) | (0.02) | (0.02) |
| EBITDA margin | +28.6% | - | - | +18.9% | - | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.02 | (0.07) | (0.09) | 0.10 | (11.81) | (0.18) | (0.17) | 0.61 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.02 | 0.62 | 1.84 | 0.30 | 0.79 | 0.67 | 1.00 |
| Total expenses | 12.40 | 0.11 | 0.18 | 0.20 | 0.40 | 0.33 | 0.49 |
| Employee cost | 0.09 | 0.02 | 0.02 | 0.07 | 0.14 | 0.09 | 0.15 |
| EBITDA | (11.87) | (0.11) | (0.18) | (0.20) | (0.40) | (0.33) | (0.49) |
| EBITDA margin | -2239.6% | - | - | - | - | - | - |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (11.85) | 0.50 | 1.65 | 0.08 | 0.37 | 0.32 | 0.49 |
| Tax | 0.00 | 0.16 | 0.44 | 0.03 | (0.20) | 0.06 | 0.08 |
| Net profit | 0.02 | 0.45 | 1.19 | 0.05 | 0.39 | 0.26 | 0.41 |
| Net profit margin | +3.8% | - | - | - | - | - | - |
| EPS (₹) | (79.03) | 2.28 | 8.00 | 0.32 | 3.73 | 1.67 | 2.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
| Reserves & surplus | (0.21) | 11.64 | 11.30 | 10.10 | 10.05 | 9.49 | 9.24 |
| Shareholders' funds (net worth) | 1.29 | 13.14 | 12.80 | 11.60 | 11.55 | 10.99 | 10.74 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 1.30 | 13.14 | 12.80 | 11.60 | 11.55 | 10.99 | 10.74 |
| Assets | |||||||
| Gross block | 0.02 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Net block | 0.00 | 0.01 | 0.01 | 0.02 | 0.04 | 0.05 | 0.08 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 4.40 | 3.03 | 2.94 | 0.04 | 0.02 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.01 | 10.62 | 6.11 | 6.06 | 6.19 | 10.87 | 8.81 |
| Loans & advances | 1.30 | 0.19 | 0.14 | 0.07 | 0.11 | 0.09 | 0.10 |
| Total current assets | 1.80 | 10.81 | 6.25 | 6.13 | 6.30 | 10.96 | 8.91 |
| Total current liabilities | 0.52 | 0.21 | 0.19 | 0.02 | 0.11 | 0.06 | 0.22 |
| Net working capital | 1.28 | 10.60 | 6.06 | 6.11 | 6.19 | 10.90 | 8.69 |
| Total assets | 1.30 | 13.14 | 12.80 | 11.60 | 11.55 | 10.99 | 10.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 10.62 | 0.61 | 0.56 | 0.69 | 2.17 | 0.81 | 2.97 |
| Net cash from operating activities | (10.62) | (0.28) | 0.72 | (0.68) | (0.33) | (0.41) | 4.83 |
| Net cash from investing activities | 0.01 | 10.46 | (0.52) | 0.63 | 0.97 | (0.19) | 1.01 |
| Net cash from financing activities | 0.00 | (0.16) | (0.15) | (0.08) | (2.12) | 1.96 | 0.00 |
| Net change in cash | (10.61) | 10.02 | 0.05 | (0.13) | (1.49) | 1.36 | 5.84 |
| Closing cash | 0.01 | 10.62 | 6.11 | 6.06 | 6.19 | 10.87 | 8.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| EBITDA growth | - | +38.9% | +10.0% | +50.0% | -21.2% | +32.7% | - |
| PBT growth | - | -69.7% | +1962.5% | -78.4% | +15.6% | -34.7% | +88.5% |
| Net income growth | -95.6% | -62.2% | +2280.0% | -87.2% | +50.0% | -36.6% | - |
| EBITDA CAGR (3Y) | +290.1% | -35.0% | -18.3% | -25.8% | -10.6% | -1.0% | +22.0% |
| Profitability & leverage | |||||||
| Net income margin | -2235.9% | - | - | - | - | - | - |
| Return on capital employed | 0.0% | +5.2% | +13.4% | +0.8% | +1.3% | +2.9% | +4.8% |
| Return on net worth | 0.0% | +3.5% | +9.8% | +0.4% | +3.4% | +2.3% | +4.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | -4.76 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 8.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 2.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (79.03) | 2.28 | 8.00 | 0.32 | 3.73 | 1.67 | 2.77 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 8.60 | 87.63 | 85.35 | 77.35 | 77.03 | 73.30 | 71.63 |
To see the full year-wise statements and ratios of Starsource Multitrade Limited, buy the company report.
Board of directors of Starsource Multitrade Limited
Starsource Multitrade has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchit Mehta Also directs: 11Th Boulevard Films LLP, Alphatone Multitrade Limited, Sej Real Estate Private Limited and 3 more | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Sarvagya Goel | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Shilpy Chopra | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Utsav Trivedi | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Simiran Ankleshwar Tripathi | Director | 31 Dec 2024 | 1 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 1990 | 90150159 | Bank of Baroda | ₹4.25 Cr | Satisfied | |
| 01 Dec 1988 | 90150124 | Bank of Baroda . | ₹14.24 Lakh | Satisfied | |
| 24 Feb 1988 | 90150108 | Bank of Baroda | ₹20 Lakh | Satisfied | |
| 20 Jun 1987 | 90150097 | Bank of Baroda . | ₹8.6 Lakh | Satisfied | |
| 28 Jun 1983 | 90150032 | Bank of Baroda | ₹50 Lakh | Satisfied |
To see the full charge records of Starsource Multitrade Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Starsource Multitrade Limited has 15 deals on record (15 market trades); the latest was in June 2026.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹9 Lakh | Buyer: an individual Seller: an individual |
| Apr 2025 | Market trade | ₹12.4 Lakh | Buyer: an individual |
| Mar 2025 | Market trade | ₹9.2 Lakh | Buyer: an individual |
| Dec 2024 | Market trade | ₹8.4 Lakh | Buyer: an individual Seller: an individual |
| Sep 2024 | Market trade | ₹12.1 Lakh | Buyer: an individual Seller: an individual |
To see the full deal history of Starsource Multitrade 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
Starsource Multitrade Limited has 22 court cases on record: 8 filed by Starsource Multitrade, 14 filed against it. 10 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 10 | 8 |
| District courts | 8 | 4 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed by the company against an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by individuals | Pending |
To see the full case history of Starsource Multitrade 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
No delayed payments to MSME suppliers are on our record for Starsource Multitrade Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Starsource Multitrade Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Starsource Multitrade Limited has 21 board changes on record since 2009: 5 appointments and 16 cessations. The latest: Unnatti Nishant Jain ceased to be Company Secretary on 16 Apr 2025.
57 earlier events are in the company report.
News
Frequently asked questions
Starsource Multitrade is an active public limited company based in Kalyan, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 17 August 1942 (84+ years old) and is registered under CIN L46900MH1942PLC003556. Listed on BSE: 506365.
Starsource Multitrade reported revenue of ₹53 Lakh for FY 2025-26 based on standalone financials.
Starsource Multitrade has 5 current directors:
- Ruchit Mehta - Director
- Sarvagya Goel - Director
- Shilpy Chopra - Director
- Utsav Trivedi - Director
- Simiran Ankleshwar Tripathi - Director
The latest financial statements of Starsource Multitrade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Starsource Multitrade is L46900MH1942PLC003556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Starsource Multitrade is listed on BSE with code 506365.
Starsource Multitrade has 22 court cases on record: 8 filed by the company and 14 filed against it. 10 are pending. Most are in the high courts.
Starsource Multitrade was incorporated on 17 August 1942, making it 84+ years old. It is registered with the Registrar of Companies, Mumbai.
Starsource Multitrade has 15 deals on record (15 market trades); the latest was in June 2026.
Unnatti Nishant Jain ceased to be Company Secretary on 16 Apr 2025. Ruchit Mehta was appointed as Director on 01 Apr 2025. Sarvagya Goel was appointed as Director on 01 Apr 2025. Starsource Multitrade has 21 board changes on record in total.