- #359 Akshay Bansarilal Arora & family ₹10,400 Cr

Chinar Chemicals Private Limited
About Chinar Chemicals Private Limited
Data last updated:
Chinar Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 12 February 1981 and has been in existence for over 45 years.
Its director Akshay Bansarilal Arora and family are #359 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1981PTC023879.
The company has an authorised share capital of ₹5.02 Cr and a paid-up capital of ₹5.01 Cr. It is led by directors Akshay Bansarilal Arora and Archana Akshay Arora.
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 34 36/148 Mahendra Chambers Dadabhai Nawroji Road New Empire Cinema Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹32,973, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹89,339 (net margin -270.9%) and EBITDA of -₹96,531 (EBITDA margin -292.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 76% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Chinar Chemicals
Contact details
Chinar Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address34 36/148 Mahendra Chambers Dadabhai Nawroji Road New Empire Cinema Fort, Mumbai, Maharashtra, India – 400001
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Chinar Chemicals Private Limited, buy the company report.
- 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
Financials of Chinar Chemicals Private Limited
FY 2025 filings availableChinar Chemicals Private Limited reported revenue of ₹32,973 (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 76%. EBITDA fell 29% 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 |
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| EBITDA | -₹96,531 | ||||
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| Net Profit (PAT) | -₹89,339 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -292.8% | ||||
| Net Profit Margin | -270.9% | ||||
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To see the full financial statements and ratios of Chinar Chemicals Private Limited, buy the company report.
Board of directors of Chinar Chemicals Private Limited
Chinar Chemicals 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 |
|---|---|---|---|---|
| Akshay Bansarilal Arora | Director | 28 Jan 2019 | 7 Years 9 Months | Current |
| Archana Akshay Arora Also directs: Blue Circle Speciality Chemicals Private Limited | Director | 30 Sep 2003 | 23 Years 1 Months | Current |
Auditor
Chinar Chemicals Private Limited is audited by JAIN PACHORI AND ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN PACHORI AND ASSOCIATES LLP | FY 2022 | W100589 |
Shareholding
The shareholding of Chinar Chemicals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chinar Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chinar Chemicals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chinar Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Chinar Chemicals has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Adhir Barter Private Limited | U51909MH1994PTC344637 |
To see the full group structure of Chinar Chemicals Private Limited, buy the company report.
GST
No GST registration is on our record for Chinar Chemicals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chinar Chemicals Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Virbala Bansarilal Arora ceased to be Director on 08 Feb 2019.
Frequently asked questions
Chinar Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 12 February 1981 (45+ years old) and is registered under CIN U24110MH1981PTC023879.
Chinar Chemicals has 2 current directors:
- Akshay Bansarilal Arora - Director
- Archana Akshay Arora - Director
The latest financial statements of Chinar Chemicals 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 CIN (Corporate Identification Number) of Chinar Chemicals is U24110MH1981PTC023879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chinar Chemicals was incorporated on 12 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Virbala Bansarilal Arora ceased to be Director on 08 Feb 2019. Akshay Bansarilal Arora was appointed as Director on 28 Jan 2019. Brijesh Kumar Narang ceased to be Director on 10 Dec 2014. Chinar Chemicals has 4 board changes on record in total.
The registered office of Chinar Chemicals is at 34 36148 Mahendra Chambers Dadabhai Nawroji Road New Empire Cinema Fort, Mumbai, Maharashtra, India – 400001.
Chinar Chemicals operates in the travel and hospitality industry, in the consumer professional services segment.
The compliance status of Chinar Chemicals is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
Chinar Chemicals has 1 subsidiary company including Adhir Barter Private Limited.

