MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0011107
Chemtech Intermediates Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹109 Cr
▲ 33% YoY
Net profit · FY 2025
₹7.64 Cr
Net margin 7%
EBITDA · FY 2025
₹16.83 Cr
EBITDA margin 15.4%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹3.49 Cr
Issued & subscribed
Open charges
₹38.12 Cr
Satisfied ₹50.3 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
36
Provident fund records
About Chemtech Intermediates Limited
Data last updated:
Chemtech Intermediates Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 01 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24236GJ1995PLC024448. Its GSTIN is 24AAACC7914Q1ZC (Gujarat).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹3.49 Cr. It is led by directors including Ripal Natawarlal Patel (Managing Director) and Manisha Ripal Patel.
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 712 – 713 Sidharth Complex R C Dutt Road Race Course, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹109 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹7.64 Cr (net margin 7%) and EBITDA of ₹16.83 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ERPOpel. As per MCA filings, the company has open charges of ₹38.12 Cr and satisfied charges of ₹50.3 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 8 deals on record (8 secondary share transfers); the latest was in March 2024. Its 5 peer companies in the Chemicals industry (Aromatics, Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 3 smaller; the largest is Horizon Bioceuticals Pvt Ltd with revenue of ₹110.37 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 804 overdue payments to 38 micro and small suppliers.
Chemtech Intermediates Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011107). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cipl.co.
Company details
CIN U24236GJ1995PLC024448
Registration Number 024448
Incorporation Date 01 February 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0011107
CIN history
Chemtech Intermediates has one previous CIN (Corporate Identification Number): U24236GJ1995PTC024448. The current CIN is U24236GJ1995PLC024448, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24236GJ1995PLC024448 | Current |
| U24236GJ1995PTC024448 | Previous |
Key People
Ripal Natawarlal Patel Managing Director Manisha Ripal Patel Director Shalin Ripalkumar Patel Director Recognitions & Rankings of Chemtech Intermediates
Contact details
Chemtech Intermediates Limited's registered office is in Vadodara, Gujarat.
- Registered Address712 – 713 Sidharth Complex R C Dutt Road Race Course, Vadodara, Gujarat, India – 390007
- IndustryPharma, Drug Formulation & Development
Comprehensive company report
Chemtech Intermediates Limited - one report that includes everything
- 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
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Brands
Chemtech Intermediates operates one associated brand: ERPOpel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides SaaS-based ERP solutions tailored for educational institutions. | odcipl.com |
Business activity
The main business activity of Chemtech Intermediates 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 Chemtech Intermediates Limited, buy the company report.
Financials of Chemtech Intermediates Limited
FY 2025 filings availableChemtech Intermediates Limited reported revenue of ₹109 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹109 Cr ▲ 33%
Net profit · FY 2025
₹7.64 Cr margin 7%
EBITDA · FY 2025
₹16.83 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 18%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 131%
3 years · compounded
▲ 7%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 33% growth in the latest year. EBITDA rose 131% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.64 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 15.4% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Chemtech Intermediates Limited, buy the company report.
Board of directors of Chemtech Intermediates Limited
Chemtech Intermediates has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ripal Natawarlal Patel | Managing Director | 26 Feb 2015 | 11 Years 8 Months | Current |
| Manisha Ripal Patel Also directs: Chemtech Finechem Private Limited | Director | 26 Feb 2015 | 11 Years 8 Months | Current |
| Shalin Ripalkumar Patel | Director | 21 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Chemtech Intermediates Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Aromatics, Formulations), 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 |
|---|---|---|---|---|---|---|
| Horizon Bioceuticals Pvt Ltd | ₹110.37 Cr (FY 2025) | -9.0% | Panipat, Haryana, India | |||
| Inventaa Industries Private Limited | ₹109.72 Cr (FY 2025) | -17.0% | Kanchikacherla, Andhra Pradesh, India | |||
| Chemtech Intermediates Limitedthis company | ₹109 Cr (FY 2025) | ₹7.64 Cr | 7% | 33.0% | Vadodara, Gujarat, India | |
| Quest Laboratories Limited | ₹108.21 Cr (FY 2025) | 31.0% | Dhar, Madhya Pradesh, India | |||
| Sacheerome Limited | ₹108.13 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Shiva Biogenetic Pharmaceuticals Private Limited | ₹107.81 Cr (FY 2025) | -23.0% | Solan, Himachal Pradesh, India |
To see the full peer comparison of Chemtech Intermediates Limited, buy the company report.
Charges & borrowings
Open charges
₹38.12 Cr
Satisfied charges
₹50.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2025 | 101193600 | Others | ₹3 Cr | Open | |
| 30 Nov 2024 | 101008069 | Others | ₹10 Cr | Open | |
| 02 Jul 2024 | 100953119 | Others | ₹4.9 Cr | Open | |
| 30 Apr 2024 | 100927620 | Others | ₹1.49 Cr | Open | |
| 30 Apr 2024 | 100927626 | Others | ₹5.5 Cr | Open |
To see the full charge records of Chemtech Intermediates Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Chemtech Intermediates Limited has 8 deals on record (8 secondary share transfers); the latest was in March 2024.
Total deals
8
Secondary share transfers
8
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Panorama Aromatics Limited , an individual |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Chemtech Intermediates 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
Chemtech Intermediates Limited has 4 court cases on record: 1 filed by Chemtech Intermediates, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Filed against the company | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed by the company against Southern Petrochemicals Ind. Corp. Ltd. | Disposed |
| District court, Vadodara, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax-I and 3 others | Disposed |
To see the full case history of Chemtech Intermediates 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
Chemtech Intermediates Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 804 overdue payments to 38 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 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Panorama Aromatics Ltd. | |||
| Giriraj Gases | |||
| an individual supplier | |||
| Shiv Pumps Private Limited | |||
| Kadillac Chemicals Pvt Ltd |
To see the full MSME payment records of Chemtech Intermediates Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Chemtech Intermediates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC7914Q1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chemtech Intermediates Limited, buy the company report.
Recent activity
Chemtech Intermediates Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Shalin Ripalkumar Patel ceased to be Additional Director on 29 Sep 2025.
Charges
A charge registered on 30 Jul 2024 via Charge ID 101000430 with Others was fully satisfied on 30 Dec 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101193600 was registered on 29 Nov 2025.
AGM
Chemtech Intermediates Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shalin Ripalkumar Patel ceased to be Additional Director.
Appointed
Shalin Ripalkumar Patel was appointed as Director.
Filing
Chemtech Intermediates Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 10.00 Cr registered on 30 Nov 2024 with Charge ID 101008069 was modified on 24 Dec 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101008069 was registered on 30 Nov 2024.
Charges
A charge registered on 30 May 1997 via Charge ID 90102627 with State Bank Of India was fully satisfied on 20 Aug 2024.
Charges
A charge registered on 22 Apr 1997 via Charge ID 90100530 with State Bank Of India was fully satisfied on 20 Aug 2024.
Charges
A charge with Others amounted to Rs. 9.36 Cr with Charge ID 101000430 was registered on 30 Jul 2024.
Charges
A charge with Others of Rs. 1.49 Cr registered on 30 Apr 2024 with Charge ID 100927620 was modified on 30 Jul 2024.
26 earlier events are in the company report.
Frequently asked questions
Chemtech Intermediates is an active public limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 01 February 1995 (31+ years old) and is registered under CIN U24236GJ1995PLC024448.
Chemtech Intermediates has 3 current directors:
- Ripal Natawarlal Patel - Managing Director
- Manisha Ripal Patel - Director
- Shalin Ripalkumar Patel - Director
The latest financial statements of Chemtech Intermediates 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 Chemtech Intermediates is 24AAACC7914Q1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Chemtech Intermediates is U24236GJ1995PLC024448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chemtech Intermediates has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Chemtech Intermediates was incorporated on 01 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chemtech Intermediates has 8 deals on record (8 secondary share transfers); the latest was in March 2024.
The peers of Chemtech Intermediates by revenue are Horizon Bioceuticals Pvt Ltd, Inventaa Industries Private Limited, Quest Laboratories Limited, Sacheerome Limited, Shiva Biogenetic Pharmaceuticals Private Limited, all in the Chemicals industry (Aromatics, Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Shalin Ripalkumar Patel ceased to be Additional Director on 29 Sep 2025. Shalin Ripalkumar Patel was appointed as Director on 21 Jul 2025. Ranjitsingh Shivaji Vaghela ceased to be Director on 01 Dec 2015. Chemtech Intermediates has 7 board changes on record in total.
Yes, Chemtech Intermediates is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0011107).
Chemtech Intermediates has 14 MSME Form 1 returns on record between 2019 and 2024, listing 804 overdue payments to 38 micro and small suppliers. The latest return was filed on 15 Dec 2023.
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