About Comet Performance Chemicals Private Limited
Data last updated:
Comet Performance Chemicals Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 14 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2016PTC094087. Its GSTIN is 24AAGCC7158Q1Z2 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Arpan Rajkumar Gupta and Rohan Rajkumar Gupta.
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 Fp Redflag Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.52 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹3.8 Cr (net margin 5.2%) and EBITDA of ₹7.58 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Cometchemicals and Comet Performance Chemicals. As per MCA filings, the company has open charges of ₹22.9 Cr and satisfied charges of ₹4 Cr on record. Court records list 29 cases involving the company, including 27 filed by the company and 2 filed against it; 9 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in March 2018. Its 10 peer companies in the Chemicals industry (Industrial Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is West Bengal Chemical Industries Ltd. with revenue of ₹73.53 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 14 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cometchemicals.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSub Plot No – 1 Ff Sur No. – 165 Tp – Fp Redflag Business Park – 2, Near Khengarbhais Vav Near Motipura Chokdi Shahwadi Narol, Ahmedabad, Gujarat, India – 382405
- IndustryChemicals and Materials, Industrial Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Comet Performance Chemicals Private Limited
The main business activity of Comet Performance Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Comet Performance Chemicals Private Limited FY 2024 filings available
Comet Performance Chemicals Private Limited reported revenue of ₹72.52 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Comet Performance Chemicals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 44% growth in the latest year. EBITDA rose 87% 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 of Comet Performance Chemicals Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.8 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 of Comet Performance Chemicals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Comet Performance Chemicals are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Comet Performance Chemicals Private Limited
Comet Performance Chemicals Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| West Bengal Chemical Industries Ltd. | ₹73.53 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Kolkata, West Bengal, India |
| Kalimati Carbon Private Limited | ₹73.1 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Kolkata, West Bengal, India |
| Arkav Tradelink Private Limited | ₹73.08 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Delhi, India |
| Demech Chemical Products Private Limited | ₹73 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Revex Polymers Private Limited | ₹72.98 Cr (FY 2017) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Comet Performance Chemicals Private Limited this company | ₹72.52 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Ahmedabad, Gujarat, India |
| RJMS Lab Private Limited | ₹71.94 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Vasai, Maharashtra, India |
| Titan Paints Private Limited | ₹71.88 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Coimbatore, Tamil Nadu, India |
| Haryana Global Limited | ₹71.39 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Faridabad, Haryana, India |
| Mehk Chemicals Pvt Ltd | ₹71.3 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Navi Mumbai, Maharashtra, India |
| Blue Clip International Private Limited | ₹70.49 Cr (FY 2025) | •••• | •••• | 992.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Comet Performance Chemicals by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Comet Performance Chemicals Private Limited
Comet Performance Chemicals Private Limited is audited by M.S.CHHAJED & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.S.CHHAJED & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Comet Performance Chemicals Private Limited
Comet Performance Chemicals has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpan Rajkumar Gupta Also directs: Comet Communications Private Limited, Comet Global Private Limited, Jay Infrabuildcon LLP and 5 more | Director | 14 Oct 2016 | 9 Years 11 Months | Current |
| Rohan Rajkumar Gupta Also directs: Comet Communications Private Limited, Comet Global Private Limited | Director | 14 Oct 2016 | 9 Years 11 Months | Current |
| Nandini Arpanbhai Gupta | Director | 14 Oct 2016 | 9 Years 11 Months | Current |
| Yogita Rohan Gupta | Director | 14 Oct 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Comet Performance Chemicals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Comet Performance Chemicals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2022 | Others | ₹14 Cr | Open |
| 17 Oct 2022 | Others | ₹1.4 Cr | Open |
| 10 Jan 2020 | Hdfc Bank Limited | ₹7.5 Cr | Open |
| 25 Feb 2019 | Others | ₹4 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Comet Performance Chemicals Private Limited
Comet Performance Chemicals Private Limited has 1 deal on record (1 rights issue); the latest was in March 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹40 Lakh | Investors: 4 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Comet Performance Chemicals Private Limited
Comet Performance Chemicals Private Limited has 29 court cases on record: 27 filed by Comet Performance Chemicals, 2 filed against it. 9 cases are pending and 20 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 2 | 9 |
| NCLAT | 4 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Court case (Restoration App) | Filed by the company against Varvee Global Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Varvee Global Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against Varvee Global Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Cubatics Prrocessors India Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Varvee Global Limited | Disposed |
Full case history
All 29 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Comet Performance Chemicals Private Limited
Comet Performance Chemicals Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 14 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Proklean Technologies Private Limited | •••• | •••• | •••• |
| Prem Color Chem Private Limited | •••• | •••• | •••• |
| Neochem Bio Solutions Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Comet Performance Chemicals Private Limited
Comet Performance Chemicals operates two associated brands: Cometchemicals and Comet Performance Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality dyes, chemicals, and textile auxiliaries for various industries. | cometgroup.in | |
| Manufactures and trades chemicals for textiles, water treatment, and construction industries. | cometchemicals.in |
Employees and EPFO Compliance at Comet Performance Chemicals Private Limited
Comet Performance Chemicals Private Limited has a workforce of 19 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Comet Performance Chemicals Private Limited
Comet Performance Chemicals Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Arpan Rajkumar Gupta was appointed as Director on 14 Oct 2016.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Comet Performance Chemicals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Comet Performance Chemicals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Comet Performance Chemicals Private Limited
Comet Performance Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC7158Q1Z2 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Comet Performance Chemicals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Comet Performance Chemicals Private Limited
Comet Performance Chemicals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 14 October 2016 (10+ years old) and is registered under CIN U24304GJ2016PTC094087.
Comet Performance Chemicals reported revenue of ₹72.52 Cr for FY 2025 (up 44% YoY).
Comet Performance Chemicals has 4 current directors:
- Arpan Rajkumar Gupta - Director
- Rohan Rajkumar Gupta - Director
- Nandini Arpanbhai Gupta - Director
- Yogita Rohan Gupta - Director
Comet Performance Chemicals reported a net profit of ₹3.8 Cr (net margin 5.2%) and EBITDA of ₹7.58 Cr (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Comet Performance Chemicals is -1% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Comet Performance Chemicals is 24AAGCC7158Q1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Comet Performance Chemicals is U24304GJ2016PTC094087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comet Performance Chemicals has 29 court cases on record: 27 filed by the company and 2 filed against it. 9 are pending. Most are in the district courts.
Comet Performance Chemicals was incorporated on 14 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Comet Performance Chemicals has 1 deal on record (1 rights issue); the latest was in March 2018.
The peers of Comet Performance Chemicals by revenue are West Bengal Chemical Industries Ltd, Kalimati Carbon Private Limited, Arkav Tradelink Private Limited, Demech Chemical Products Private Limited, Revex Polymers Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Arpan Rajkumar Gupta was appointed as Director on 14 Oct 2016. Nandini Arpanbhai Gupta was appointed as Director on 14 Oct 2016. Rohan Rajkumar Gupta was appointed as Director on 14 Oct 2016. Comet Performance Chemicals has 4 board changes on record in total.