Coriander Specialities Private Limited
About Coriander Specialities Private Limited
Data last updated:
Coriander Specialities Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Europa Chemicals Asia Private Limited. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 26 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2006PTC161805. Its GSTIN is 27AACCB9091R1ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It was formerly known as Bk Giulini Specialities Private Limited. It is led by directors Amol Jagdish Kapadia and Youhaan Amol Kapadia.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 615/616 Churchgate Chambers 5 New Marine Lines Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.8 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹42.85 Lakh (net margin 4.9%) and EBITDA of ₹8.6 Cr (EBITDA margin 97.7%). Revenue has grown at a compounded annual rate (CAGR) of 146% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹103 Cr and satisfied charges of ₹11 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Coriander Specialities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address615/616 Churchgate Chambers 5 New Marine Lines Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Coriander Specialities 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 Coriander Specialities Private Limited
FY 2024 filings availableCoriander Specialities Private Limited reported revenue of ₹8.8 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 40% growth in the latest year. EBITDA rose 37% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.85 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.7% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Coriander Specialities Private Limited, buy the company report.
Board of directors of Coriander Specialities Private Limited
Coriander Specialities has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Jagdish Kapadia Also directs: Coriander Homes Limited Liability Partnership, Coriander Plaza LLP, Brookstone Properties LLP and 5 more | Director | 24 Jul 2006 | 20 Years 3 Months | Current |
| Youhaan Amol Kapadia | Director | 19 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Coriander Specialities Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Nixon Chemicals Limited | ₹8.98 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Cemseal Industries Limited | ₹8.97 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| Green Smt Electronics Private Limited | ₹8.9 Cr (FY 2025) | 621.0% | Noida, Uttar Pradesh, India | |||
| Pinnacle Chlorochem Private Limited | ₹8.82 Cr (FY 2025) | -9.0% | Kalol, Gujarat, India | |||
| Coriander Specialities Private Limitedthis company | ₹8.8 Cr (FY 2024) | ₹42.85 Lakh | 4.9% | 40.0% | Mumbai, Maharashtra, India | |
| Mithros Chemicals Private Limited | ₹8.78 Cr (FY 2025) | 23.0% | Hyderabad, Telangana, India | |||
| Chiral Drugs Pvt Ltd | ₹8.77 Cr (FY 2024) | -35.0% | Surat, Gujarat, India | |||
| Sitrix Advanced Materials Private Limited | ₹8.77 Cr (FY 2025) | 19.0% | Thane, Maharashtra, India | |||
| Vishal Coating Pvt Ltd | ₹8.67 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| 20 MCC Private Limited | ₹8.63 Cr (FY 2025) | 47.0% | Waghodia, Gujarat, India |
To see the full peer comparison of Coriander Specialities Private Limited, buy the company report.
Auditor
Coriander Specialities Private Limited is audited by R G B & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G B & ASSOCIATES | FY 2022 | 144967W |
Shareholding
The shareholding of Coriander Specialities Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Coriander Specialities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2023 | 100794008 | Others | ₹62.5 Cr | Open | |
| 26 Dec 2021 | 100523781 | Others | ₹35 Cr | Open | |
| 29 Mar 2007 | 10063858 | Citibank N. A. | ₹5.5 Cr | Open | |
| 14 Apr 2021 | 100439055 | Others | ₹11 Cr | Satisfied |
To see the full charge records of Coriander Specialities Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Coriander Specialities Private Limited has 2 court cases on record: 1 filed by Coriander Specialities, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation H - West Ward | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Associated Rd Carriers Ltd., and 1 other | Disposed |
To see the full case history of Coriander Specialities 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 Coriander Specialities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Coriander Specialities has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB9091R1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coriander Specialities Private Limited, buy the company report.
Recent activity
Coriander Specialities Private Limited has 16 board changes on record since 2006: 9 appointments and 7 cessations. The latest: Sushila Jagdish Kapadia ceased to be Director on 19 Dec 2023.
15 earlier events are in the company report.
Frequently asked questions
Coriander Specialities is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 26 April 2006 (20+ years old) and is registered under CIN U24100MH2006PTC161805.
Coriander Specialities has 2 current directors:
- Amol Jagdish Kapadia - Director
- Youhaan Amol Kapadia - Director
The latest financial statements of Coriander Specialities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Coriander Specialities is 27AACCB9091R1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Coriander Specialities is U24100MH2006PTC161805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coriander Specialities has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Coriander Specialities was incorporated on 26 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Coriander Specialities by revenue are Nixon Chemicals Limited, Cemseal Industries Limited, Green Smt Electronics Private Limited, Pinnacle Chlorochem Private Limited, Mithros Chemicals Private Limited and 4 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sushila Jagdish Kapadia ceased to be Director on 19 Dec 2023. Youhaan Amol Kapadia was appointed as Director on 19 Dec 2023. Bhavin Suryakant Sheth ceased to be Director on 21 Dec 2020. Coriander Specialities has 16 board changes on record in total.
The registered office of Coriander Specialities is at 615616 Churchgate Chambers 5 New Marine Lines Road Churchgate, Mumbai, Maharashtra, India – 400020.
Coriander Specialities operates in the chemicals and materials industry, in the chemical distribution and retail segment.