MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0005612
Chemtex Speciality Limited - chemicals and materials in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹70.07 Cr
▼ 7% YoY
Net profit · FY 2024
₹3.29 Cr
Net margin 4.7%
EBITDA · FY 2024
₹12.66 Cr
EBITDA margin 18.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.84 Cr
Issued & subscribed
Open charges
₹42.29 Cr
Satisfied ₹37.5 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
87
Provident fund records
About Chemtex Speciality Limited
Data last updated:
Chemtex Speciality Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 25 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24100WB2008PLC127895. Its GSTIN is 19AADCC5168M1Z6 (West Bengal).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.84 Cr. It was formerly known as Chemtex Speciality Chemicals Limited. It is led by directors including Gaurav Karnani (Managing Director) and Saurav Karnani (Whole-Time Director).
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 111 Haute Street Corporate Park 86A Topsia Road (South), Kolkata, West Bengal, India – 700046.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.07 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Cr (net margin 4.7%) and EBITDA of ₹12.66 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 15% over five years.
The company has about 87 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Chemtex Speciality Ltd, Chemtex and Chemtexltd. As per MCA filings, the company has open charges of ₹42.29 Cr and satisfied charges of ₹37.5 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.31 Cr; the latest was in February 2024. Its 6 peer companies in the Chemicals industry (Specialty Chemicals), 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 Satyam Pharma Chem Private Limited with revenue of ₹71.21 Cr.
Chemtex Speciality Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0005612). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chemtexltd.com.
Company details
CIN U24100WB2008PLC127895
Registration Number 127895
Incorporation Date 25 July 2008
ROC Kolkata
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-WB-10-0005612
Key People
Gaurav Karnani Managing Director Saurav Karnani Whole-Time Director Shubham Karnani Whole-Time Director Recognitions & Rankings of Chemtex Speciality
Contact details
Chemtex Speciality Limited's registered office is in Kolkata, West Bengal. Its website is chemtexltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address111 Haute Street Corporate Park 86A Topsia Road (South), Kolkata, West Bengal, India – 700046
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Chemtex Speciality Limited, buy the company report.
Comprehensive company report
Chemtex Speciality 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
Chemtex Speciality operates multiple associated brands including Chemtex Speciality Ltd, Chemtex, and Chemtexltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures speciality chemicals for water treatment, cleaning, and energy sectors. | chemtexltd.com | |
| Speciality chemicals manufacturing and supply for industrial applications including water treatment and maintenance. | speciality-chemicals.net | |
| Manufacturer of speciality chemicals | chemtexlimited.com |
Business activity
The main business activities of Chemtex Speciality are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Chemtex Speciality Limited, buy the company report.
Financials of Chemtex Speciality Limited
FY 2025 filings availableChemtex Speciality Limited reported revenue of ₹70.07 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹70.07 Cr ▼ 7%
Net profit · FY 2024
₹3.29 Cr margin 4.7%
EBITDA · FY 2024
₹12.66 Cr margin 18.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 6%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 5%
5 years · compounded
▲ 15%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.29 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.1% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Chemtex Speciality Limited, buy the company report.
Board of directors of Chemtex Speciality Limited
Chemtex Speciality has 4 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 |
|---|---|---|---|---|
| Gaurav Karnani Also directs: Karnani FNB Specialities LLP, Karnani Logistic Park LLP, Superstate ITES LLP and 4 more | Managing Director | 25 Jul 2008 | 18 Years 3 Months | Current |
| Saurav Karnani Also directs: Karnani FNB Specialities LLP, Karnani Logistic Park LLP, Spearhead Communications LLP and 3 more | Whole-Time Director | 25 Jul 2008 | 18 Years 3 Months | Current |
| Ram Gopal Karnani Also directs: Spearhead Communications LLP, Karnani Warehousing LLP | Director | 25 Jul 2008 | 18 Years 3 Months | Current |
| Shubham Karnani Also directs: Karnani FNB Specialities LLP, Karnani Logistic Park LLP, Spearhead Communications LLP and 3 more | Whole-Time Director | 25 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Chemtex Speciality Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), 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 |
|---|---|---|---|---|---|---|
| Satyam Pharma Chem Private Limited | ₹71.21 Cr (FY 2025) | 10.0% | Mumbai Central, Maharashtra, India | |||
| Meso Carbon India Private Limited | ₹71.07 Cr (FY 2024) | 6.0% | Gujarat, India | |||
| Chemtex Speciality Limitedthis company | ₹70.07 Cr (FY 2024) | ₹3.29 Cr | 4.7% | -7.0% | 87 | Kolkata, West Bengal, India |
| Shree Ram Colloids Private Limited | ₹69.46 Cr (FY 2025) | 27.0% | Jodhpur, Rajasthan, India | |||
| Colour Chromes Private Limited | ₹69.31 Cr (FY 2024) | 26.0% | Kolkata, West Bengal, India | |||
| Ipsa Texchem Private Limited | ₹69.22 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Dkic Private Limited | ₹69.13 Cr (FY 2024) | -2.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Chemtex Speciality Limited, buy the company report.
Auditor
Chemtex Speciality Limited is audited by B. JAIN & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. JAIN & CO. | FY 2022 | 307100E |
Shareholding
The shareholding of Chemtex Speciality 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 Chemtex Speciality Limited, buy the company report.
Charges & borrowings
Open charges
₹42.29 Cr
Satisfied charges
₹37.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2023 | 100780986 | Axis Bank Limited | ₹40.1 Cr | Open | |
| 16 Feb 2023 | 100723898 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 28 Oct 2021 | 100493101 | Others | ₹1.19 Cr | Open | |
| 19 Aug 2022 | 100607594 | Others | ₹18 Cr | Satisfied | |
| 13 Aug 2020 | 100357272 | Others | ₹1.77 Cr | Satisfied |
To see the full charge records of Chemtex Speciality Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Chemtex Speciality Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.31 Cr; the latest was in February 2024.
Total deals
9
Secondary share transfers
7
Funding rounds
2
Disclosed funding
₹11.31 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: Gaurav Trust, Saurav Trust, Shubham Trust Seller: Achiever Commotrade Private Limited , Axiom Commodeal Private Limited , Suruchi Suppliers Private Limited |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: Intimate Tradelinks Private Limited , Om Infrarealty Private Limited , Blue Shine Creation Private Limited Seller: Somani Services Pvt Ltd. , Inland Cement Company Private Limited |
| Mar 2012 | Funding round | ₹9.66 Cr | Investors: Somani Services Pvt Ltd. , Inland Cement Company Private Limited , Suruchi Suppliers Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Salasar Tracom Private Limited , an individual Seller: Salasar Tradeco Private Limited , an individual |
To see the full deal history of Chemtex Speciality 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
Chemtex Speciality Limited has 4 court cases on record: 2 filed by Chemtex Speciality, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Arbitration matter | Filed by the company against Forum Projects Pvt Ltd | Pending |
| High Court | Civil suit | Filed against the company by Kirti Vinimay Pvt. Ltd | Disposed |
| District court, Dhanbad, Jharkhand | Criminal complaint | Filed against the company by an individual | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors. | Disposed |
To see the full case history of Chemtex Speciality 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 Chemtex Speciality Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chemtex Speciality Limited has a workforce of 87 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
87
Active EPFO establishments
1
GST
Chemtex Speciality has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCC5168M1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chemtex Speciality Limited, buy the company report.
Recent activity
Chemtex Speciality Limited has 8 board changes on record since 2008: 4 appointments and 4 cessations. The latest: Narayan Das Bhatter ceased to be Whole-Time Director on 09 Aug 2019.
AGM
Chemtex Speciality Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 40.10 Cr registered on 16 Jun 2023 with Charge ID 100780986 was modified on 08 Apr 2025.
Filing
Chemtex Speciality Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge registered on 19 Aug 2022 via Charge ID 100607594 with Others was fully satisfied on 15 Jan 2024.
Charges
A charge registered on 13 Aug 2020 via Charge ID 100357272 with Others was fully satisfied on 29 Nov 2023.
Charges
A charge registered on 30 Dec 2017 via Charge ID 100145214 with Others was fully satisfied on 28 Nov 2023.
Charges
A charge registered on 20 Jan 2017 via Charge ID 100074939 with Others was fully satisfied on 23 Nov 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.10 Cr with Charge ID 100780986 was registered on 16 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100723898 was registered on 16 Feb 2023.
Charges
A charge with Others of Rs. 18.00 Cr registered on 19 Aug 2022 with Charge ID 100607594 was modified on 30 Sep 2022.
Charges
A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100607594 was registered on 19 Aug 2022.
Charges
A charge with Others amounted to Rs. 1.19 Cr with Charge ID 100493101 was registered on 28 Oct 2021.
14 earlier events are in the company report.
Frequently asked questions
Chemtex Speciality is an active public limited company based in Kolkata, West Bengal, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 25 July 2008 (18+ years old) and is registered under CIN U24100WB2008PLC127895.
Chemtex Speciality has 4 current directors:
- Gaurav Karnani - Managing Director
- Saurav Karnani - Whole-Time Director
- Shubham Karnani - Whole-Time Director
- Ram Gopal Karnani - Director
The latest financial statements of Chemtex Speciality 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 Chemtex Speciality is 19AADCC5168M1Z6, registered in West Bengal.
The CIN (Corporate Identification Number) of Chemtex Speciality is U24100WB2008PLC127895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chemtex Speciality has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Chemtex Speciality was incorporated on 25 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Chemtex Speciality has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.31 Cr; the latest was in February 2024.
The peers of Chemtex Speciality by revenue are Satyam Pharma Chem Private Limited, Meso Carbon India Private Limited, Shree Ram Colloids Private Limited, Colour Chromes Private Limited, Ipsa Texchem Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Narayan Das Bhatter ceased to be Whole-Time Director on 09 Aug 2019. Saurav Karnani ceased to be Managing Director on 01 Apr 2018. Shubham Karnani ceased to be Managing Director on 01 Apr 2018. Chemtex Speciality has 8 board changes on record in total.
Yes, Chemtex Speciality is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0005612).
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