- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0073778

About Convex Latex Private Limited
Data last updated:
Convex Latex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 18 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25193PN2005PTC020309. Its GSTIN is 27AACCC5433G1ZV (Maharashtra).
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹90 Lakh. It is led by directors Chetan Surendrakumar Ghuwalewala (Managing Director) and Rashmi Ghuwalewala.
Its last annual general meeting (AGM) was held on 30 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No. 228 Hissa No. 1 & 2 Phase I Hinjewadi Tal. Mulshi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2026, the company reported a revenue of ₹45.64 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 2.7%) and EBITDA of ₹3.49 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 26% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.44 Cr and satisfied charges of ₹23.92 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 2 cases are pending.
Convex Latex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0073778). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website convexgroups.com.
Company details
Recognitions & Rankings of Convex Latex
Contact details
Convex Latex Private Limited's registered office is in Pune, Maharashtra. Its website is convexgroups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 228 Hissa No. 1 & 2 Phase I Hinjewadi Tal. Mulshi, Pune, Maharashtra, India – 411057
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Convex Latex 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
Business activity
The main business activity of Convex Latex is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Convex Latex Private Limited, buy the company report.
Financials of Convex Latex Private Limited
FY 2026 filings availableConvex Latex Private Limited reported revenue of ₹45.64 Cr (up 8% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 8% growth in the latest year. EBITDA rose 13% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹45.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.25 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Convex Latex Private Limited, buy the company report.
Board of directors of Convex Latex Private Limited
Convex Latex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Ghuwalewala | Director | 18 Feb 2005 | 21 Years 8 Months | Current |
| Chetan Surendrakumar Ghuwalewala Also directs: Ecolith Power Solutions LLP | Managing Director | 18 Feb 2005 | 21 Years 8 Months | Current |
Auditor
Convex Latex Private Limited is audited by SHAH KHANDELWAL JAIN & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH KHANDELWAL JAIN & ASSOCIATES | FY 2026 | 142740W |
Shareholding
The shareholding of Convex Latex Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Convex Latex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101168737 | Others | ₹3 Cr | Open | |
| 19 Jan 2024 | 100858716 | Others | ₹85.74 Lakh | Open | |
| 19 Jan 2024 | 100858713 | Others | ₹4.9 Cr | Open | |
| 19 Jan 2024 | 100859405 | Others | ₹8.14 Cr | Open | |
| 14 Aug 2020 | 100463035 | Others | ₹28.9 Lakh | Open |
To see the full charge records of Convex Latex Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Convex Latex Private Limited has 10 court cases on record: 6 filed by Convex Latex, 4 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MJC) | Filed by the company against Swadhyaya Printers Private Limited Through | Pending |
| District court, Pune, Maharashtra | Court case (C.Appln.) | Filed by the company against Ms Medley Pharmaceuticals Ltd and 1 other | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed by the company against M/S Swadhyaya Printers Pvt.Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms Medley Pharmaceuticals Ltd. Etc 1 and 2 others | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Pending |
To see the full case history of Convex Latex Private 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 Convex Latex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Convex Latex Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Convex Latex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC5433G1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Convex Latex Private Limited, buy the company report.
Recent activity
Convex Latex Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Manav Surendrakumar Ghuwalewala ceased to be Additional Director on 28 May 2019.
17 earlier events are in the company report.
Frequently asked questions
Convex Latex is an active private limited company based in Pune, Maharashtra, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 18 February 2005 (21+ years old) and is registered under CIN U25193PN2005PTC020309.
Convex Latex has 2 current directors:
- Chetan Surendrakumar Ghuwalewala - Managing Director
- Rashmi Ghuwalewala - Director
The latest financial statements of Convex Latex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Convex Latex is 27AACCC5433G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Convex Latex is U25193PN2005PTC020309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Convex Latex has 10 court cases on record: 6 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Convex Latex was incorporated on 18 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Manav Surendrakumar Ghuwalewala ceased to be Additional Director on 28 May 2019. Binodkumar Charturbhuj Paliwal ceased to be Director on 25 Oct 2013. Vishnukant Binod Kumar Paliwal ceased to be Director on 25 Oct 2013. Convex Latex has 6 board changes on record in total.
Yes, Convex Latex is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0073778).
Convex Latex can be reached through the website convexgroups.com. Its registered office is in Pune, Maharashtra, India.

