Covalence Enterprises Private Limited
About Covalence Enterprises Private Limited
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Covalence Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 24 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH2015PTC261340. Its GSTIN is 27AAFCC9178F1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Viral Kishor Patel (Whole-Time Director) and Nilesh Rameshchandra Kadakia.
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 9 1st Floor Shahviri Premises Hsg. Soc. Ltd 37/41 R.S.Sapre Marg Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹50.43 Lakh (net margin 28.2%) and EBITDA of ₹69.75 Lakh (EBITDA margin 39%). Revenue has grown at a compounded annual rate (CAGR) of 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Covalence Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address9 1st Floor Shahviri Premises Hsg. Soc. Ltd 37/41 R.S.Sapre Marg Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Covalence Enterprises 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 Covalence Enterprises is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Covalence Enterprises Private Limited, buy the company report.
Financials of Covalence Enterprises Private Limited
FY 2025 filings availableCovalence Enterprises Private Limited reported revenue of ₹1.79 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 3% growth in the latest year. EBITDA rose 15% 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 | ₹69.75 Lakh | ||||
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| Net Profit (PAT) | ₹50.43 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 39% | ||||
| Net Profit Margin | 28.2% | ||||
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To see the full financial statements and ratios of Covalence Enterprises Private Limited, buy the company report.
Board of directors of Covalence Enterprises Private Limited
Covalence Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Rameshchandra Kadakia | Director | 24 Jan 2015 | 11 Years 8 Months | Current |
| Viral Kishor Patel | Whole-Time Director | 24 Jan 2015 | 11 Years 8 Months | Current |
Auditor
Covalence Enterprises Private Limited is audited by KIRAN PARIKH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRAN PARIKH & CO | FY 2023 | 105189W |
Shareholding
The shareholding of Covalence Enterprises Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Covalence Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Covalence Enterprises 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 Covalence Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Covalence Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC9178F1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Covalence Enterprises Private Limited, buy the company report.
Recent activity
Covalence Enterprises Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Archana Nilesh Kadakia ceased to be Director on 06 May 2024.
Frequently asked questions
Covalence Enterprises 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 24 January 2015 (11+ years old) and is registered under CIN U24239MH2015PTC261340.
Covalence Enterprises has 2 current directors:
- Viral Kishor Patel - Whole-Time Director
- Nilesh Rameshchandra Kadakia - Director
The latest financial statements of Covalence Enterprises 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 Covalence Enterprises is 27AAFCC9178F1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Covalence Enterprises is U24239MH2015PTC261340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covalence Enterprises was incorporated on 24 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Archana Nilesh Kadakia ceased to be Director on 06 May 2024. Archana Nilesh Kadakia was appointed as Director on 24 Jan 2015. Nilesh Rameshchandra Kadakia was appointed as Director on 24 Jan 2015. Covalence Enterprises has 4 board changes on record in total.
The registered office of Covalence Enterprises is at 9 1st Floor Shahviri Premises Hsg. Soc. Ltd 3741 R.S.Sapre Marg Kalbadevi, Mumbai, Maharashtra, India – 400002.
Covalence Enterprises operates in the chemicals and materials industry, in the chemical distribution and retail segment.
The compliance status of Covalence Enterprises is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.