Chemtech Speciality India Private Limited

Chemtech Speciality India Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U51900MH2014PTC256577 Incorporated 25 July 2014 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2024
₹81.05 Cr
▼ 4% YoY
Net profit · FY 2024
₹1.78 Cr
Net margin 2.2%
EBITDA · FY 2024
₹2.91 Cr
EBITDA margin 3.6%
Authorised capital
₹57 Lakh
Registered with MCA
Paid-up capital
₹57 Lakh
Issued & subscribed
Open charges
₹3.65 Cr
Satisfied ₹2.95 Cr
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings

About Chemtech Speciality India Private Limited

Data last updated:

Chemtech Speciality India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 25 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2014PTC256577. Its GSTIN is 27AAFCC7099F1ZC (Maharashtra).

The company has an authorised share capital of ₹57 Lakh and a paid-up capital of ₹57 Lakh. It is led by directors including Mahendra Balkrishna Chavan (Managing Director) and Foram Devchand Dedhia (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 914 Excellencia Lodha Supremus – 2 Wagle Estate, Thane, Maharashtra, India – 400604.

As per the financials filed for FY 2024, the company reported a revenue of ₹81.05 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 2.2%) and EBITDA of ₹2.91 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 39% over five years.

As per MCA filings, the company has open charges of ₹3.65 Cr and satisfied charges of ₹2.95 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in February 2015.

Chemtech Speciality India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0030913). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chemtechspeciality.com.

Company details

CIN U51900MH2014PTC256577
Registration Number 256577
Incorporation Date 25 July 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0030913
Key People
Mahendra Balkrishna Chavan Managing Director Foram Devchand Dedhia Whole-Time Director Dhiraj Haradhan Senapati Whole-Time Director

Recognitions & Rankings of Chemtech Speciality India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-33-0030913

Contact details

Chemtech Speciality India Private Limited's registered office is in Thane, Maharashtra. Its website is chemtechspeciality.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    chemtechspeciality.com
  • Social Media
  • Registered Address
    914 Excellencia Lodha Supremus – 2 Wagle Estate, Thane, Maharashtra, India – 400604
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Chemtech Speciality India Private Limited, buy the company report.

Comprehensive company report
Chemtech Speciality India Private 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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Business activity

The main business activity of Chemtech Speciality India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Chemtech Speciality India Private Limited, buy the company report.

Financials of Chemtech Speciality India Private Limited

FY 2024 filings available

Chemtech Speciality India Private Limited reported revenue of ₹81.05 Cr (down 4% YoY) for FY 2024.

Revenue · FY 2024
₹81.05 Cr ▼ 4%
Net profit · FY 2024
₹1.78 Cr margin 2.2%
EBITDA · FY 2024
₹2.91 Cr margin 3.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 50%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 34%
5 years · compounded
▲ 28%

Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 7% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.91 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.78 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.6%
Net Profit Margin2.2%
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

To see the full financial statements and ratios of Chemtech Speciality India Private Limited, buy the company report.

Board of directors of Chemtech Speciality India Private Limited

Chemtech Speciality India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Foram Devchand DedhiaWhole-Time Director06 Sep 20197 Years 1 MonthsCurrent
Mahendra Balkrishna Chavan
Also directs: Nupol Chemicals LLP, Pranshi Specialty LLP, Chemtech Innovations Private Limited and 2 more
Managing Director25 Jul 201412 Years 3 MonthsCurrent
Dhiraj Haradhan SenapatiWhole-Time Director08 Feb 20224 Years 8 MonthsCurrent
View all directors

Auditor

Chemtech Speciality India Private Limited is audited by LADHA SINGHAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
LADHA SINGHAL & ASSOCIATESFY 2023120241W

Shareholding

The shareholding of Chemtech Speciality India Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Chemtech Speciality India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.65 Cr
Satisfied charges
₹2.95 Cr
Breakdown by lending institutions
Others₹3.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 2019100277321Others₹3.65 CrOpen
30 Sep 201410539478Others₹2.95 CrSatisfied

To see the full charge records of Chemtech Speciality India Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Chemtech Speciality India Private Limited has 1 deal on record (1 rights issue); the latest was in February 2015.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2015Rights issue₹55 LakhInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Chemtech Speciality India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Chemtech Speciality India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCC7099F1ZCMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Chemtech Speciality India Private Limited, buy the company report.

Recent activity

Chemtech Speciality India Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Dhiraj Haradhan Senapati ceased to be Additional Director on 01 Jul 2024.

AGM
Chemtech Speciality India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Dhiraj Haradhan Senapati ceased to be Additional Director.
Ceased
Foram Devchand Dedhia ceased to be Director.
Filing
Chemtech Speciality India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Dhiraj Haradhan Senapati was appointed as Whole-Time Director.
Appointed
Foram Devchand Dedhia was appointed as Whole-Time Director.
Ceased
Sanjay Yashwant Pawar ceased to be Additional Director.
Charges
A charge registered on 30 Sep 2014 via Charge ID 10539478 with Others was fully satisfied on 31 Jul 2019.
Charges
A charge with Others of Rs. 365.00 Lakh registered on 29 Jun 2019 with Charge ID 100277321 was modified on 25 Jul 2019.
Charges
A charge with Others amounted to Rs. 365.00 Lakh with Charge ID 100277321 was registered on 29 Jun 2019.
Ceased
Anup Prakash Kulkarni ceased to be Additional Director.
Charges
A charge with Others of Rs. 295.00 Lakh registered on 30 Sep 2014 with Charge ID 10539478 was modified on 31 Mar 2018.

6 earlier events are in the company report.

Frequently asked questions

Chemtech Speciality India is an active private limited company based in Thane, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 25 July 2014 (12+ years old) and is registered under CIN U51900MH2014PTC256577.

Chemtech Speciality India has 3 current directors:

The latest financial statements of Chemtech Speciality India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Chemtech Speciality India is 27AAFCC7099F1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Chemtech Speciality India is U51900MH2014PTC256577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chemtech Speciality India has 3 court cases on record: 3 filed by the company. 2 are pending.

Chemtech Speciality India was incorporated on 25 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Chemtech Speciality India has 1 deal on record (1 rights issue); the latest was in February 2015.

Dhiraj Haradhan Senapati ceased to be Additional Director on 01 Jul 2024. Foram Devchand Dedhia ceased to be Director on 01 Jul 2024. Dhiraj Haradhan Senapati was appointed as Whole-Time Director on 08 Feb 2022. Chemtech Speciality India has 10 board changes on record in total.

Yes, Chemtech Speciality India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0030913).