Crust Minechem Private Limited

Crust Minechem Private Limited - chemicals and materials in Bhuj, Gujarat, India. FY 2026 financials & compliance.
CIN U14200GJ2009PTC057963 Incorporated 03 September 2009 ROC Ahmedabad HQ Bhuj, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Micro
Data last updated
Revenue · FY 2024
₹2.65 Cr
▼ 41% YoY
Net profit · FY 2024
₹2.8 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹44.71 Lakh
EBITDA margin 16.8%
Authorised capital
₹71 Lakh
Registered with MCA
Paid-up capital
₹71 Lakh
Issued & subscribed
Open charges
₹60.47 Lakh
Satisfied ₹3.6 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Crust Minechem Private Limited

Data last updated:

Crust Minechem Private Limited is a private limited company based in Bhuj, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 03 September 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14200GJ2009PTC057963. Its GSTIN is 24AADCC7567L1ZA (Gujarat).

The company has an authorised share capital of ₹71 Lakh and a paid-up capital of ₹71 Lakh. It is led by directors Vinod Nathudan Gadhvi and Raksha Vinodkumar Gadhvi.

Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 23 Kalptaru Apartments Hospital Road, Bhuj, Gujarat, India – 370001.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.65 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Lakh (net margin 1.1%) and EBITDA of ₹44.71 Lakh (EBITDA margin 16.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.

As per MCA filings, the company has open charges of ₹60.47 Lakh and satisfied charges of ₹3.6 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company; 3 cases are pending.

Crust Minechem Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0005185). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crustminechem.com.

Company details

CIN U14200GJ2009PTC057963
Registration Number 057963
Incorporation Date 03 September 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-13-0005185
Key People
Vinod Nathudan Gadhvi Director Raksha Vinodkumar Gadhvi Director

Recognitions & Rankings of Crust Minechem

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-13-0005185

Contact details

Crust Minechem Private Limited's registered office is in Bhuj, Gujarat. Its website is crustminechem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    crustminechem.com
  • Social Media
  • Registered Address
    B – 23 Kalptaru Apartments Hospital Road, Bhuj, Gujarat, India – 370001
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Crust Minechem Private Limited, buy the company report.

Comprehensive company report
Crust Minechem Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Crust Minechem is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB4Other Mining & Quarrying Activities

To see the full business activity and turnover split of Crust Minechem Private Limited, buy the company report.

Financials of Crust Minechem Private Limited

FY 2024 filings available

Crust Minechem Private Limited reported revenue of ₹2.65 Cr (down 41% YoY) for FY 2024.

Revenue · FY 2024
₹2.65 Cr ▼ 41%
Net profit · FY 2024
₹2.8 Lakh margin 1.1%
EBITDA · FY 2024
₹44.71 Lakh margin 16.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 8%
5 years · compounded
▲ 16%

Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 41% fall in the latest year. EBITDA fell 17% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹44.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.8 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.8%
Net Profit Margin1.1%
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 Crust Minechem Private Limited, buy the company report.

Board of directors of Crust Minechem Private Limited

Crust Minechem has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinod Nathudan Gadhvi
Also directs: Crust Agritech Private Limited, Crust Power Private Limited
Director03 Sep 200917 Years 2 MonthsCurrent
Raksha Vinodkumar Gadhvi
Also directs: Crust Agritech Private Limited, Crust Power Private Limited
Director05 Apr 201115 Years 7 MonthsCurrent
View all directors

Auditor

Crust Minechem Private Limited is audited by SHAH THACKER & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHAH THACKER & CO.FY 2023129967W

Shareholding

The shareholding of Crust Minechem Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Crust Minechem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹60.47 Lakh
Satisfied charges
₹3.6 Cr
Breakdown by lending institutions
Others₹0.35 Cr
The South Indian Bank Limited₹0.26 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 May 2025101101510The South Indian Bank Limited₹25.89 LakhOpen
16 Jun 2020100350052Others₹34.58 LakhOpen
27 Dec 2018100230741The South Indian Bank Limited₹3.6 CrSatisfied

To see the full charge records of Crust Minechem Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Crust Minechem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Crust Minechem has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCC7567L1ZAGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Crust Minechem Private Limited, buy the company report.

Recent activity

Crust Minechem Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Yashraj Vinod Gadhavi ceased to be Director on 19 Aug 2020.

Charges
A charge with The South Indian Bank Limited amounted to Rs. 25.89 Lakh with Charge ID 101101510 was registered on 12 May 2025.
Charges
A charge registered on 27 Dec 2018 via Charge ID 100230741 with The South Indian Bank Limited was fully satisfied on 21 Feb 2025.
AGM
Crust Minechem Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
Filing
Crust Minechem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with The South Indian Bank Limited of Rs. 359.50 Lakh registered on 27 Dec 2018 with Charge ID 100230741 was modified on 28 Jul 2021.
Ceased
Yashraj Vinod Gadhavi ceased to be Director.
Charges
A charge with Others amounted to Rs. 34.58 Lakh with Charge ID 100350052 was registered on 16 Jun 2020.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 359.50 Lakh with Charge ID 100230741 was registered on 27 Dec 2018.
Ceased
Bhadresh Vasantrai Mehta ceased to be Director.
Ceased
Raksha Vinodkumar Gadhvi ceased to be Additional Director.
Ceased
Dhananjay Prafulchandra Kurva ceased to be Director.
Appointed
Raksha Vinodkumar Gadhvi was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Crust Minechem is an active private limited company based in Bhuj, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 03 September 2009 (17+ years old) and is registered under CIN U14200GJ2009PTC057963.

Crust Minechem has 2 current directors:

The latest financial statements of Crust Minechem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Crust Minechem is 24AADCC7567L1ZA, registered in Gujarat.

The CIN (Corporate Identification Number) of Crust Minechem is U14200GJ2009PTC057963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Crust Minechem has 12 court cases on record: 12 filed by the company. 3 are pending.

Crust Minechem was incorporated on 03 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Yashraj Vinod Gadhavi ceased to be Director on 19 Aug 2020. Bhadresh Vasantrai Mehta ceased to be Director on 04 Jul 2016. Raksha Vinodkumar Gadhvi ceased to be Additional Director on 28 Sep 2012. Crust Minechem has 7 board changes on record in total.

Yes, Crust Minechem is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-13-0005185).

Crust Minechem can be reached through the website crustminechem.com. Its registered office is in Bhuj, Gujarat, India.