About Desmet Reagent Private Limited
Data last updated:
Desmet Reagent Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Century Devcons Private Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 15 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2002PTC094237. Its GSTIN is 19AADCA4142R1ZA (West Bengal). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.99 Cr. It was formerly known as Almamet Reagents (India) Private Limited. It is led by directors including Hitesh Vasa (Managing Director) and Pasupati Mahapatra.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sukhsagar Apartment Flat – 9B 9th Floor 2/5 Sarat Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.67 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 1.8%) and EBITDA of ₹2.37 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 4% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.95 Cr and satisfied charges of ₹3 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.41 Cr; the latest was in February 2019. Its 10 peer companies in the Chemicals industry (Industrial Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Paras Intermediates Private Limited with revenue of ₹66.85 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website desmet.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSukhsagar Apartment Flat – 9B 9th Floor 2/5 Sarat Bose Road, Kolkata, West Bengal, India – 700020
- IndustryChemicals and Materials, Industrial Chemicals
- 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 Desmet Reagent Private Limited
The main business activities of Desmet Reagent are manufacturing and professional, scientific and technical. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Desmet Reagent Private Limited FY 2025 filings available
Desmet Reagent Private Limited reported revenue of ₹65.67 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Desmet Reagent Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 58% 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 Desmet Reagent 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 | ₹2.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.19 Cr | •••• | •••• | •••• | •••• |
| 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 Desmet Reagent Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Desmet Reagent 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 Desmet Reagent Private Limited
Desmet Reagent Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paras Intermediates Private Limited | ₹66.85 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Vinyl Chemicals Private Limited | ₹66.7 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Aeroma Chemicals Pvt Ltd | ₹66.62 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Memba Chem Industries Private Limited | ₹65.72 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Kapci Coatings India Private Limited | ₹65.67 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Desmet Reagent Private Limited this company | ₹65.67 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Gold Star Powders Private Limited | ₹65.63 Cr (FY 2023) | •••• | •••• | 34.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Shree Jayambe Minechem Private Limited | ₹65.37 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Gandhidham, Gujarat, India |
| Shiv-Shakti Oxalate Private Limited | ₹65.05 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Mumbai, Maharashtra, India |
| Refnol Resins and Chemicals Limited Listed | ₹64.58 Cr (FY 2023) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| MKD Chem Private Limited | ₹64.55 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Desmet Reagent by revenue in the Chemicals industry (Industrial Chemicals), 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 Desmet Reagent Private Limited
Desmet Reagent Private Limited is audited by D. K. Madia & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. K. Madia & 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 Desmet Reagent Private Limited
Desmet Reagent has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pasupati Mahapatra | Director | 16 Nov 2018 | 7 Years 10 Months | Current |
| Nagesh Maganlal Patel Also directs: Maco Corporation (India) Private Limited, Sibre Brakes (India) Private Limited, Silverline Management Consultants LLP and 5 more | Director | 30 Apr 2013 | 13 Years 5 Months | Current |
| Prafulla Nagesh Patel Also directs: Sunag Engineering Pvt Ltd, Silverline Management Consultants LLP, Shivshankar Management Consultants LLP and 2 more | Director | 15 Feb 2002 | 24 Years 7 Months | Current |
| Hitesh Vasa | Managing Director | 22 Apr 2002 | 24 Years 5 Months | Current |
Ownership and Shareholding of Desmet Reagent 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 Desmet Reagent Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2025 | Hdfc Bank Limited | ₹50 Lakh | Open |
| 01 Jul 2024 | Others | ₹5 Cr | Open |
| 09 Nov 2023 | Others | ₹1.45 Cr | Open |
| 29 Jun 2020 | Hdfc Bank Limited | ₹3 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Desmet Reagent Private Limited
Desmet Reagent Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.41 Cr; the latest was in February 2019.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Funding round | ₹1.14 Cr | Investors: Century Devcons Private Limited , an individual |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Century Devcons Private Limited Seller: Sunag Engineering Pvt Ltd |
| Jul 2007 | Funding round | ₹2.27 Cr | Investors: Almamet Gmbh, Sunag Engineering Pvt Ltd |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Desmet Reagent Private Limited
Desmet Reagent Private Limited has 3 court cases on record: 1 filed by Desmet Reagent, 2 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Paschim Bardhaman, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| Calcutta High Court | Court case (CS-COM) | Filed by the company against HDFC Ergo General Insurance Co Ltd | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Employees State Insurance Corporation | Disposed |
Full case history
All 3 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 Desmet Reagent Private Limited
Desmet Reagent Private Limited has a workforce of 71 employees as of Apr 06, 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 Desmet Reagent Private Limited
Desmet Reagent Private Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: Pasupati Mahapatra was appointed as Director on 16 Nov 2018.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Desmet Reagent 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 Desmet Reagent 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 Desmet Reagent 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 Desmet Reagent Private Limited
Desmet Reagent has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCA4142R1ZA | West Bengal | Active | 01 Jul 2017 |
| 20AADCA4142R1ZR | Jharkhand | Active | 01 Jul 2017 |
| 22AADCA4142R1ZN | Chattisgarh | Active | 01 Jul 2017 |
| 21AADCA4142R1ZP | Odisha | Active | 27 Jan 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 Desmet Reagent 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 Desmet Reagent Private Limited
Desmet Reagent is an active private limited company based in Kolkata, West Bengal, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 15 February 2002 (24+ years old) and is registered under CIN U27109WB2002PTC094237.
Desmet Reagent reported revenue of ₹65.67 Cr for FY 2025 (down 32% YoY).
Desmet Reagent has 4 current directors:
- Hitesh Vasa - Managing Director
- Pasupati Mahapatra - Director
- Nagesh Maganlal Patel - Director
- Prafulla Nagesh Patel - Director
Desmet Reagent reported a net profit of ₹1.19 Cr (net margin 1.8%) and EBITDA of ₹2.37 Cr (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Desmet Reagent is 24% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Desmet Reagent is 19AADCA4142R1ZA, registered in West Bengal. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 20AADCA4142R1ZR (Jharkhand), 22AADCA4142R1ZN (Chattisgarh), 21AADCA4142R1ZP (Odisha).
The CIN (Corporate Identification Number) of Desmet Reagent is U27109WB2002PTC094237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desmet Reagent has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Desmet Reagent was incorporated on 15 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
Desmet Reagent has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.41 Cr; the latest was in February 2019.
The peers of Desmet Reagent by revenue are Paras Intermediates Private Limited, Vinyl Chemicals Private Limited, Aeroma Chemicals Pvt Ltd, Memba Chem Industries Private Limited, Kapci Coatings India Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).