Cyan Formulators Private Limited
About Cyan Formulators Private Limited
Data last updated:
Cyan Formulators Private Limited is a private limited company based in Mumbai 400 072.A.R.29.09.01, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1989PTC050900. Its GSTIN is 27AACCA8438P3Z1 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹4.35 Lakh. It was formerly known as Arpit Invesrments Pvt Ltd. It is led by directors including Shankerlal Bhuramal Sharma and Surya Prakash Sitaram Pandey.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 122/125 Solaris II R.Opp. Gate 6 L& T Saki Vihar Road Andheri East 1., Mumbai 400 072.A.R.29.09.01, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.32 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹12.88 Lakh (net margin 78.9%) and EBITDA of ₹15.94 Lakh (EBITDA margin 97.7%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 66% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹217.32 Cr on record. Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address122/125 Solaris II R.Opp. Gate 6 L& T Saki Vihar Road Andheri East 1., Mumbai 400 072.A.R.29.09.01, Maharashtra, India
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Cyan Formulators Private Limited
The main business activity of Cyan Formulators is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cyan Formulators Private Limited FY 2024 filings available
Cyan Formulators Private Limited reported revenue of ₹16.32 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cyan Formulators Private Limited
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 66%. EBITDA fell 14% 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 of Cyan Formulators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹15.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.88 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 of Cyan Formulators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 78.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cyan Formulators are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cyan Formulators Private Limited
Cyan Formulators Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chemical Retail and Distribution, Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chemould Intra(India)Ltd | ₹16.34 Lakh (FY 2023) | •••• | •••• | -40.0% | •••• | Kolkata, West Bengal, India |
| Mundhra Finvest Private Limited | ₹16.33 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Front Mudra Nidhi Limited | ₹16.32 Lakh (FY 2024) | •••• | •••• | -10.0% | •••• | Gurgaon, Haryana, India |
| Vishkarama Chit Fund and Finance Pvt Ltd | ₹16.32 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Punjab, India |
| Sumit Global Private Limited | ₹16.32 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Raigarh, Chhattisgarh, India |
| Cyan Formulators Private Limited this company | ₹16.32 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Mumbai 400 072.A.R.29.09.01, Maharashtra, India |
| SB Group Limited | ₹16.32 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| V.R. Petrochemicals Private Limited | ₹16.31 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Sun Asset Reconstruction India Private Limited | ₹16.3 Lakh (FY 2017) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Kishaloy Vyapar Private Limited | ₹16.27 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| Ritambhara Chemicals Private Limited | ₹16.27 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Cyan Formulators by revenue in the BFSI industry (Chemical Retail and Distribution, Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cyan Formulators Private Limited
Cyan Formulators Private Limited is audited by Deepak Jedhe & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak Jedhe & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cyan Formulators Private Limited
Cyan Formulators has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankerlal Bhuramal Sharma Also directs: Malvika Herbopharma Private Limited | Director | 01 Jun 2005 | 21 Years 4 Months | Current |
| Surya Prakash Sitaram Pandey | Director | 24 Jun 2013 | 13 Years 3 Months | Current |
| Shashikant Shripat Chavan | Director | 23 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Cyan Formulators Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cyan Formulators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 1998 | Invent Assets Securitisation and Reconstruction Private Limited | ₹217.32 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Cyan Formulators Private Limited
Cyan Formulators Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
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 (S W) | Filed against the company by Income Tax Department | Pending |
| District court, Ratnagiri, Maharashtra | Court case (Spl .Dkst) | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Cyan Formulators Private Limited
Cyan Formulators Private Limited has a workforce of 1 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cyan Formulators Private Limited
Cyan Formulators Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Shashikant Shripat Chavan ceased to be Additional Director on 29 Nov 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cyan Formulators Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cyan Formulators Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cyan Formulators Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cyan Formulators Private Limited
Cyan Formulators has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA8438P3Z1 | Maharashtra | Active | 28 Mar 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cyan Formulators Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cyan Formulators Private Limited
Cyan Formulators is an active private limited company based in Mumbai 400 072.A.R.29.09.01, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 March 1989 (37+ years old) and is registered under CIN U65990MH1989PTC050900.
Cyan Formulators reported revenue of ₹16.32 Lakh for FY 2025 (down 95% YoY).
Cyan Formulators has 3 current directors:
- Shankerlal Bhuramal Sharma - Director
- Surya Prakash Sitaram Pandey - Director
- Shashikant Shripat Chavan - Director
Cyan Formulators reported a net profit of ₹12.88 Lakh (net margin 78.9%) and EBITDA of ₹15.94 Lakh (EBITDA margin 97.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cyan Formulators is -86% over three years and 66% over five years. In the latest year (FY 2025) revenue fell 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cyan Formulators is 27AACCA8438P3Z1, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cyan Formulators is U65990MH1989PTC050900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyan Formulators has 2 court cases on record: 1 filed against it. 1 is pending.
Cyan Formulators was incorporated on 06 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cyan Formulators by revenue are Chemould Intra(India)Ltd, Mundhra Finvest Private Limited, Front Mudra Nidhi Limited, Vishkarama Chit Fund and Finance Pvt Ltd, Sumit Global Private Limited and 5 more, all in the BFSI industry (Chemical Retail and Distribution, Other Financial Services).
Shashikant Shripat Chavan ceased to be Additional Director on 29 Nov 2021. Shashikant Shripat Chavan was appointed as Director on 23 Aug 2021. Snehalata Dinesh Sharma ceased to be Director on 26 Jun 2013. Cyan Formulators has 7 board changes on record in total.