MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0006369
Crystal Quinone Pvt Ltd - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹306.89 Cr
▲ 8% YoY
Net profit · FY 2025
₹27.82 Cr
Net margin 9.1%
EBITDA · FY 2025
₹47.27 Cr
EBITDA margin 15.4%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹112 Cr
Satisfied ₹28.4 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
128
Provident fund records
About Crystal Quinone Pvt Ltd
Data last updated:
Crystal Quinone Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 24 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1983PTC006262. Its GSTIN is 24AABCC1413H1ZC (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Anang Kunjviharibhai Shah (Managing Director) and Aniket Anangbhai Shah (Managing Director).
Its last annual general meeting (AGM) was held on 15 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 403 Abhijeet III Opp. Mayors Bungalow Law Garden Ellis Bridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹306.89 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹27.82 Cr (net margin 9.1%) and EBITDA of ₹47.27 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 128 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Crystal Quinone. As per MCA filings, the company has open charges of ₹112 Cr and satisfied charges of ₹28.4 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending. The company has 5 deals on record (5 secondary share transfers); the latest was in March 2022. Its 7 peer companies in the Chemicals industry (Dyes and Pigments, Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Balaji Formalin Private Limited with revenue of ₹340.93 Cr.
Crystal Quinone Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006369). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crystalquinone.com.
Company details
CIN U24110GJ1983PTC006262
Registration Number 006262
Incorporation Date 24 May 1983
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 December 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0006369
Recognitions & Rankings of Crystal Quinone
Contact details
Crystal Quinone Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is crystalquinone.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address403 Abhijeet III Opp. Mayors Bungalow Law Garden Ellis Bridge, Ahmedabad, Gujarat, India – 380006
- IndustryChemicals and Materials, Dyes & Pigments, Colorants, Organic Chemicals & Compounds
To see the full contact details of Crystal Quinone Pvt Ltd, buy the company report.
Comprehensive company report
Crystal Quinone Pvt Ltd - 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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Brands
Crystal Quinone operates one associated brand: Crystal Quinone. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures niche organic intermediates, chemicals, and dyes for industrial use. | crystalquinone.com |
Business activity
The main business activity of Crystal Quinone is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Crystal Quinone Pvt Ltd, buy the company report.
Financials of Crystal Quinone Pvt Ltd
FY 2025 filings availableCrystal Quinone Pvt Ltd reported revenue of ₹306.89 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹306.89 Cr ▲ 8%
Net profit · FY 2025
₹27.82 Cr margin 9.1%
EBITDA · FY 2025
₹47.27 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 10%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 2%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA rose 99% 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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| Total Expenses | |||||
| EBITDA | ₹47.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.82 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 9.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Crystal Quinone Pvt Ltd, buy the company report.
Board of directors of Crystal Quinone Pvt Ltd
Crystal Quinone has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anang Kunjviharibhai Shah Also directs: Crystal Colourchem Private Limited | Managing Director | 24 May 1983 | 43 Years 5 Months | Current |
| Aniket Anangbhai Shah Also directs: Crystal Colourchem Private Limited | Managing Director | 01 Jan 2009 | 17 Years 9 Months | Current |
Peer comparison
Crystal Quinone Pvt Ltd is compared with the 7 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments, Organic 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 |
|---|---|---|---|---|---|---|
| Balaji Formalin Private Limited | ₹340.93 Cr (FY 2025) | 15.0% | Sanand, Gujarat, India | |||
| Metropolitan Eximchem Private Limited | ₹317.29 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Harp Chemicals Private Limited | ₹314.04 Cr (FY 2025) | 2354274.0% | Mohali, Punjab, India | |||
| Arkema Peroxides India Private Limited | ₹312 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Crystal Quinone Pvt Ltdthis company | ₹306.89 Cr (FY 2025) | ₹27.82 Cr | 9.1% | 8.0% | 128 | Ahmedabad, Gujarat, India |
| Simalin Chemical Industries Private Limited | ₹306.08 Cr (FY 2025) | 11.0% | Nandesari, Gujarat, India | |||
| Lona Industries Limited | ₹300.81 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Detergeo Chem Private Limited | ₹297.03 Cr (FY 2025) | 46.0% | New Delhi, Delhi, India |
To see the full peer comparison of Crystal Quinone Pvt Ltd, buy the company report.
Auditor
Crystal Quinone Pvt Ltd is audited by BHADRESH R SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHADRESH R SHAH & ASSOCIATES | FY 2023 | 101097W |
Shareholding
The shareholding of Crystal Quinone Pvt Ltd 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 Crystal Quinone Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹112 Cr
Satisfied charges
₹28.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2019 | 100252325 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Cr | Open | |
| 18 Oct 2013 | 10456546 | State Bank of India | ₹45 Cr | Open | |
| 18 Oct 2013 | 10456548 | State Bank of India | ₹7 Cr | Open | |
| 18 Jun 2005 | 90111860 | Citi Bank N.A. | ₹30 Cr | Open | |
| 07 Jan 2013 | 10407383 | State Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Crystal Quinone Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Crystal Quinone Pvt Ltd has 5 deals on record (5 secondary share transfers); the latest was in March 2022.
Total deals
5
Secondary share transfers
5
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kunjavihari D Shah HUF & Anang K Shah HUF, Anang K Shah HUF, 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Anang K Shah HUF, Kunjavihari D Shah HUF & Anang K Shah HUF, 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Crystal Quinone Pvt Ltd has 5 court cases on record: 4 filed by Crystal Quinone, 1 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Sbi General Insurance Company Limited | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 6 others | Disposed |
| Supreme Court | Court case (0310-Direct Taxes Matter : Property Tax) | Filed against the company by Mun.Corp.Of City of Ahmedabad THR. Commissioner Ahmedabad Municipal Corporation, Danapith, Ahmedabad Gujarat , District: Danapith ,Ahmedabad , Gujarat | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Disposed |
To see the full case history of Crystal Quinone Pvt Ltd, 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.
Credit ratings & regulatory alerts
Crystal Quinone Pvt Ltd was last rated by Icra on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Crystal Quinone Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Crystal Quinone Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Crystal Quinone has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Crystal Colourchem Private Limited | U24114GJ2020PTC112820 | |
| Crystal Polyplast Private Limited | U51909GJ2021PTC127207 |
To see the full group structure of Crystal Quinone Pvt Ltd, buy the company report.
Employees & EPFO
Crystal Quinone Pvt Ltd has a workforce of 128 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
128
Active EPFO establishments
1
Employee growth
-3.76%
GST
Crystal Quinone has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCC1413H1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Crystal Quinone Pvt Ltd, buy the company report.
Recent activity
Crystal Quinone Pvt Ltd has 10 board changes on record since 1983: 6 appointments and 4 cessations. The latest: Hitendra Kumar Kewalchand Chopra ceased to be Director on 01 Jan 2023.
AGM
Crystal Quinone Pvt Ltd last Annual general meeting of members was held on 15 Dec 2025 as per latest MCA records.
Charges
A charge with Citi Bank N.A. of Rs. 3,000.00 Lakh registered on 18 Jun 2005 with Charge ID 90111860 was modified on 21 Nov 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 3,000.00 Lakh registered on 24 Jan 2019 with Charge ID 100252325 was modified on 11 Jun 2025.
Filing
Crystal Quinone Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Hitendra Kumar Kewalchand Chopra ceased to be Director.
Charges
A charge registered on 21 Nov 2005 via Charge ID 80005396 with Citibank N.A was fully satisfied on 01 Jun 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 3,000.00 Lakh with Charge ID 100252325 was registered on 24 Jan 2019.
Charges
A charge with State Bank Of India of Rs. 4,500.00 Lakh registered on 18 Oct 2013 with Charge ID 10456546 was modified on 26 Apr 2018.
Ceased
Shah Naynaben Anangbhai ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 700.00 Lakh registered on 18 Oct 2013 with Charge ID 10456548 was modified on 24 Jan 2017.
Ceased
Purushottam Lalwani ceased to be Additional Director.
Charges
A charge registered on 07 Jan 2013 via Charge ID 10407383 with State Bank Of India was fully satisfied on 18 Nov 2013.
20 earlier events are in the company report.
Frequently asked questions
Crystal Quinone is an active private limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 24 May 1983 (43+ years old) and is registered under CIN U24110GJ1983PTC006262.
Crystal Quinone has 2 current directors:
- Anang Kunjviharibhai Shah - Managing Director
- Aniket Anangbhai Shah - Managing Director
The latest financial statements of Crystal Quinone on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Crystal Quinone is 24AABCC1413H1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Crystal Quinone is U24110GJ1983PTC006262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crystal Quinone has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Crystal Quinone was incorporated on 24 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Crystal Quinone has 5 deals on record (5 secondary share transfers); the latest was in March 2022.
The peers of Crystal Quinone by revenue are Balaji Formalin Private Limited, Metropolitan Eximchem Private Limited, Harp Chemicals Private Limited, Arkema Peroxides India Private Limited, Simalin Chemical Industries Private Limited and 2 more, all in the Chemicals industry (Dyes and Pigments, Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Hitendra Kumar Kewalchand Chopra ceased to be Director on 01 Jan 2023. Shah Naynaben Anangbhai ceased to be Director on 31 Mar 2017. Purushottam Lalwani ceased to be Additional Director on 31 Mar 2014. Crystal Quinone has 10 board changes on record in total.
Yes, Crystal Quinone is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0006369).