About Elavin Chemtech Private Limited
Data last updated:
Elavin Chemtech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 08 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25194GJ2015PTC084439. Its GSTIN is 24AAECE0726G2Z2 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Elavin System House Private Limited. It is led by directors Bhaveshkumar Babubhai Patel and Arti Bhavesh Patel.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.4 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹17.1 Lakh (net margin -1.2%) and EBITDA of ₹15.4 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company is associated with 1 brand: Elavin. As per MCA filings, the company has open charges of ₹8.82 Cr and satisfied charges of ₹6.07 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elavin.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address504 The Capital – 2, Opp Serenity Lavish Science City, Ahmedabad, Gujarat, India – 380060
- IndustryManufacturing, Plastic-Based Products
- 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 Elavin Chemtech Private Limited
The main business activity of Elavin Chemtech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
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 Elavin Chemtech Private Limited FY 2025 filings available
Elavin Chemtech Private Limited reported revenue of ₹14.4 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elavin Chemtech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 27% fall in the latest year. EBITDA fell 84% 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 Elavin Chemtech 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 | ₹15.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.1 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 Elavin Chemtech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Elavin Chemtech are in the company report.
Financial statements from FY 2016
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 Elavin Chemtech Private Limited
Elavin Chemtech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swaraj P V C Pipes Private Limited | ₹14.46 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Phaltan, Maharashtra, India |
| Kay Dee Tooling Solutions Private Limited | ₹14.43 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| LN Wrench Private Limited | ₹14.42 Cr (FY 2024) | •••• | •••• | 336.0% | •••• | Noida, Uttar Pradesh, India |
| Palra Polymers Private Limited | ₹14.42 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ajmer, Rajasthan, India |
| Polypick Engineers Private Limited | ₹14.41 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Indore, Madhya Pradesh, India |
| Elavin Chemtech Private Limited this company | ₹14.4 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Ahmedabad, Gujarat, India |
| Virjala Polyflex Private Limited | ₹14.4 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Ahmedabad, Gujarat, India |
| MD Plast (India) Private Limited | ₹14.4 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
| Dheeraj Plastics Private Limited | ₹14.38 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Gummidipoondi, Tamil Nadu, India |
| Kedia Plastics Private Limited | ₹14.38 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
| Sri Adaikkalamkathal Bottles Private Limited | ₹14.36 Cr (FY 2018) | •••• | •••• | 53.0% | •••• | Karaikudi, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Elavin Chemtech by revenue in the Manufacturing industry (Plastic Based Products), 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 Elavin Chemtech Private Limited
Elavin Chemtech Private Limited is audited by Jain Jitendra & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain Jitendra & 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 Elavin Chemtech Private Limited
Elavin Chemtech has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaveshkumar Babubhai Patel Also directs: Lincon Polyplast Private Limited, Elavin Chemtech Private Limited | Director | 08 Sep 2015 | 11 Years 1 Months | Current |
| Arti Bhavesh Patel Also directs: Lincon Polyplast Private Limited, Elavin Chemtech Private Limited | Director | 23 Feb 2019 | 7 Years 7 Months | Current |
Ownership and Shareholding of Elavin Chemtech 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 Elavin Chemtech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2019 | Axis Bank Limited | ₹8.82 Cr | Open |
| 09 Mar 2016 | Others | ₹6.07 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Elavin Chemtech Private Limited
Elavin Chemtech Private Limited has 3 court cases on record: 3 filed by Elavin Chemtech. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Royal Industries -Mr Vikas Garg | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Royal Industries -Mr Vikas Garg | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | 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.
Associated Brands with Elavin Chemtech Private Limited
Elavin Chemtech operates one associated brand: Elavin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality polyurethane systems for the automobile industry. | elavin.co.in |
Employees and EPFO Compliance at Elavin Chemtech Private Limited
Employment history and EPFO contributions of people linked to Elavin Chemtech.
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 Elavin Chemtech Private Limited
Elavin Chemtech Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Raman Unni Ambraith ceased to be Director on 28 Jun 2022.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Elavin Chemtech 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 Elavin Chemtech 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 Elavin Chemtech 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 Elavin Chemtech Private Limited
Elavin Chemtech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECE0726G2Z2 | Gujarat | Active | 01 Jul 2017 |
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 Elavin Chemtech 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 Elavin Chemtech Private Limited
Elavin Chemtech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 08 September 2015 (11+ years old) and is registered under CIN U25194GJ2015PTC084439.
Elavin Chemtech reported revenue of ₹14.4 Cr for FY 2025 (down 27% YoY).
Elavin Chemtech has 2 current directors:
- Bhaveshkumar Babubhai Patel - Director
- Arti Bhavesh Patel - Director
Elavin Chemtech reported a net loss of ₹17.1 Lakh (net margin -1.2%) and EBITDA of ₹15.4 Lakh (EBITDA margin 1.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elavin Chemtech is -15% over three years and -12% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elavin Chemtech is 24AAECE0726G2Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Elavin Chemtech is U25194GJ2015PTC084439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elavin Chemtech has 3 court cases on record: 3 filed by the company.
Elavin Chemtech was incorporated on 08 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elavin Chemtech by revenue are Swaraj P V C Pipes Private Limited, Kay Dee Tooling Solutions Private Limited, LN Wrench Private Limited, Palra Polymers Private Limited, Polypick Engineers Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Raman Unni Ambraith ceased to be Director on 28 Jun 2022. Shalini Kaushik ceased to be Director on 28 Jun 2022. Arti Bhavesh Patel ceased to be Additional Director on 30 Sep 2019. Elavin Chemtech has 8 board changes on record in total.