Dhalop Chemicals Private Limited

Dhalop Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24100MH1995PTC089298 Incorporated 08 June 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME
Data last updated
Revenue · FY 2025
₹127.19 Cr
▲ 6% YoY
Net profit · FY 2025
₹20.55 Cr
Net margin 16.2%
EBITDA · FY 2025
₹28.17 Cr
EBITDA margin 22.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹2 Cr
Company age
31 yrs
Est. 1995
Directors on board
2
As per MCA filings

About Dhalop Chemicals Private Limited

Data last updated:

Dhalop Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 08 June 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1995PTC089298. Its GSTIN is 27AAACD2258G1ZV (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Kartik Manakchand Rathod and Varun Kiran Shah.

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 Parthenon Flt No – 901 9th Floor A Wing Cts No866/B2 J P Road Cts No 866/B Etc Andheri (W), Mumbai, Maharashtra, India – 400053.

As per the financials filed for FY 2025, the company reported a revenue of ₹127.19 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹20.55 Cr (net margin 16.2%) and EBITDA of ₹28.17 Cr (EBITDA margin 22.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 1% over five years.

The company is associated with 1 brand: Dhalop Chemicals. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in April 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 17 overdue payments to 11 micro and small suppliers.

Dhalop Chemicals Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0105780). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhalopchemicals.com.

Company details

CIN U24100MH1995PTC089298
Registration Number 089298
Incorporation Date 08 June 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0105780
Key People
Kartik Manakchand Rathod Director Varun Kiran Shah Director

Recognitions & Rankings of Dhalop Chemicals

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0105780

Contact details

Dhalop Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is dhalopchemicals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    dhalopchemicals.com
  • Registered Address
    Parthenon Flt No – 901 9th Floor A Wing Cts No866/B2 J P Road Cts No 866/B Etc Andheri (W), Mumbai, Maharashtra, India – 400053
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Dhalop Chemicals Private Limited, buy the company report.

Comprehensive company report
Dhalop Chemicals 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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Brands

Dhalop Chemicals operates one associated brand: Dhalop Chemicals. Each brand links to its own profile.

BrandDescriptionWebsite
Dhalop Chemicals
Specialty chemicals manufacturing, distribution, and supply in Mumbai.dhalop.com

Business activity

The main business activity of Dhalop Chemicals is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Dhalop Chemicals Private Limited

FY 2025 filings available

Dhalop Chemicals Private Limited reported revenue of ₹127.19 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹127.19 Cr ▲ 6%
Net profit · FY 2025
₹20.55 Cr margin 16.2%
EBITDA · FY 2025
₹28.17 Cr margin 22.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 15%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 20%
5 years · compounded
▲ 9%

Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 11% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹28.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20.55 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin22.2%
Net Profit Margin16.2%
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 Dhalop Chemicals Private Limited, buy the company report.

Board of directors of Dhalop Chemicals Private Limited

Dhalop Chemicals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kartik Manakchand Rathod
Also directs: Rathod Coats Private Limited, MHST India Private Limited, Dollops Digital Private Limited
Director15 Mar 201313 Years 7 MonthsCurrent
Varun Kiran Shah
Also directs: Sanchi Organics Pvt Ltd
Director10 Oct 20233 Years 0 MonthsCurrent
View all directors

Auditor

Dhalop Chemicals Private Limited is audited by SUNIL MODI & ASSOCIATES for the financial year 2024.

Auditor firmFinancial yearFirm registration number
SUNIL MODI & ASSOCIATESFY 2024115172W

Shareholding

The shareholding of Dhalop Chemicals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Dhalop Chemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Apr 2021100451883Hdfc Bank Limited₹3 CrOpen
18 Feb 2019100241558Uco Bank₹2 CrSatisfied

To see the full charge records of Dhalop Chemicals Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Dhalop Chemicals Private Limited has 3 deals on record (3 secondary share transfers); the latest was in April 2023.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Apr 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2013Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Dhalop Chemicals Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 17 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 11)

SupplierAmount dueDue sinceReported on
C J S Specialty Chemicals Private Limited
Ketul Chem Private Limited
an individual supplier
an individual supplier
Colosperse Dyes and Intermediates

To see the full MSME payment records of Dhalop Chemicals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Dhalop Chemicals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACD2258G1ZVMaharashtraActive01 Jul 2017

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

Recent activity

Dhalop Chemicals Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Varun Kiran Shah ceased to be Additional Director on 29 Sep 2024.

AGM
Dhalop Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dhalop Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 300.00 Lakh registered on 20 Apr 2021 with Charge ID 100451883 was modified on 14 Nov 2024.
Ceased
Varun Kiran Shah ceased to be Additional Director.
Ceased
Bharat Hirachand Punamiya ceased to be Director.
Appointed
Varun Kiran Shah was appointed as Director.
Charges
A charge registered on 18 Feb 2019 via Charge ID 100241558 with Uco Bank was fully satisfied on 04 May 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100451883 was registered on 20 Apr 2021.
Charges
A charge with Uco Bank amounted to Rs. 200.00 Lakh with Charge ID 100241558 was registered on 18 Feb 2019.
Ceased
Manakchand Pukhraj Rathod ceased to be Director.
Ceased
Varsha Manakchand Rathod ceased to be Director.
Appointed
Kartik Manakchand Rathod was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Dhalop Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 08 June 1995 (31+ years old) and is registered under CIN U24100MH1995PTC089298.

Dhalop Chemicals has 2 current directors:

The latest financial statements of Dhalop Chemicals 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 Dhalop Chemicals is 27AAACD2258G1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of Dhalop Chemicals is U24100MH1995PTC089298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dhalop Chemicals has 1 court case on record: 1 filed by the company. 1 is pending.

Dhalop Chemicals was incorporated on 08 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Dhalop Chemicals has 3 deals on record (3 secondary share transfers); the latest was in April 2023.

Varun Kiran Shah ceased to be Additional Director on 29 Sep 2024. Bharat Hirachand Punamiya ceased to be Director on 07 Nov 2023. Varun Kiran Shah was appointed as Director on 10 Oct 2023. Dhalop Chemicals has 6 board changes on record in total.

Yes, Dhalop Chemicals is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0105780).

Dhalop Chemicals has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 17 overdue payments to 11 micro and small suppliers. The latest return was filed on 08 Jun 2019.