MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0009705
Elkay Chemicals Pvt Ltd - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹240.74 Cr
▲ 9% YoY
Net profit · FY 2025
₹15 Cr
Net margin 6.2%
EBITDA · FY 2025
₹24.12 Cr
EBITDA margin 10%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.6 Cr
Issued & subscribed
Open charges
₹64.24 Cr
Satisfied ₹16.64 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
141
Provident fund records
About Elkay Chemicals Pvt Ltd
Data last updated:
Elkay Chemicals Pvt Ltd 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 02 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1986PTC039957. Its GSTIN is 27AAACE5989K1Z1 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.6 Cr. It is led by directors including Avinash Dattatraya Kulkarni and Annarao Krishnarao Lokapur.
Its last annual general meeting (AGM) was held on 07 October 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vinay Kunj 4 Shivaji Parkdadar, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹240.74 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹15 Cr (net margin 6.2%) and EBITDA of ₹24.12 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 21% over five years.
The company has about 141 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elkay Chemicals. As per MCA filings, the company has open charges of ₹64.24 Cr and satisfied charges of ₹16.64 Cr on record. Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it; 4 cases are pending. The company has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹2.98 Cr; the latest was in January 2024. Its 7 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Astra Chemtech Private Limited with revenue of ₹251.58 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2024, listing 529 overdue payments to 69 micro and small suppliers.
Elkay Chemicals Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0009705). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elkaysilicones.com.
Company details
CIN U24100MH1986PTC039957
Registration Number 039957
Incorporation Date 02 June 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 October 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0009705
Key People
Avinash Dattatraya Kulkarni Director Annarao Krishnarao Lokapur Director Ravindra Dattatraya Kulkarni Director Recognitions & Rankings of Elkay Chemicals
Contact details
Elkay Chemicals Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is elkaysilicones.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVinay Kunj 4 Shivaji Parkdadar, Mumbai, Maharashtra, India – 400028
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Elkay Chemicals Pvt Ltd, buy the company report.
Comprehensive company report
Elkay Chemicals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Elkay Chemicals operates one associated brand: Elkay Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Silicone fluids and specialty emulsions are manufactured for diverse industries. | elkaysilicones.com |
Business activity
The main business activity of Elkay Chemicals 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 Elkay Chemicals Pvt Ltd, buy the company report.
Financials of Elkay Chemicals Pvt Ltd
FY 2024 filings availableElkay Chemicals Pvt Ltd reported revenue of ₹240.74 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹240.74 Cr ▲ 9%
Net profit · FY 2025
₹15 Cr margin 6.2%
EBITDA · FY 2025
₹24.12 Cr margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 5%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 32%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 9% growth in the latest year. EBITDA rose 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹24.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 Elkay Chemicals Pvt Ltd, buy the company report.
Board of directors of Elkay Chemicals Pvt Ltd
Elkay Chemicals has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Dattatraya Kulkarni | Director | 10 Aug 1986 | 40 Years 2 Months | Current |
| Annarao Krishnarao Lokapur Also directs: Sip Silicones Private Limited, Elkay Hygiene Products LLP | Director | 02 Jun 1986 | 40 Years 5 Months | Current |
| Ravindra Dattatraya Kulkarni Also directs: Sip Silicones Private Limited, Litex Electricals Private Limited, Arklite Speciality Lamps Private Limited and 1 more | Director | 10 Aug 1986 | 40 Years 2 Months | Current |
Peer comparison
Elkay Chemicals Pvt Ltd is compared with the 7 companies closest to it by revenue in the Chemicals industry (Specialty 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 |
|---|---|---|---|---|---|---|
| Astra Chemtech Private Limited | ₹251.58 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Basf Performance Polyamides India Private Limited | ₹246.86 Cr (FY 2019) | 42.0% | Mumbai, Maharashtra, India | |||
| Eftec (India) Private Limited | ₹245.8 Cr (FY 2025) | 1.0% | Shirur, Maharashtra, India | |||
| Elkay Chemicals Pvt Ltdthis company | ₹240.74 Cr (FY 2025) | ₹15 Cr | 6.2% | 9.0% | 141 | Mumbai, Maharashtra, India |
| Indo GSP Chemicals Private Limited | ₹238.55 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Krishna Speciality Chemicals Private Limited | ₹236.86 Cr (FY 2025) | 15.0% | Raipur, Chhattisgarh, India | |||
| Chemetall India Private Limited | ₹234.65 Cr (FY 2022) | 21.0% | Pune, Maharashtra, India | |||
| Delta Finochem Private Limited | ₹234.28 Cr (FY 2025) | -18.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Elkay Chemicals Pvt Ltd, buy the company report.
Auditor
Elkay Chemicals Pvt Ltd is audited by Joshi Apte & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Joshi Apte & Co. | FY 2023 | 104370W |
Shareholding
The shareholding of Elkay Chemicals Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elkay Chemicals Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹64.24 Cr
Satisfied charges
₹16.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2025 | 101110559 | Hdfc Bank Limited | ₹9.3 Lakh | Open | |
| 06 May 2023 | 100745016 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 27 Mar 2017 | 100105145 | Axis Bank Limited | ₹63.95 Cr | Open | |
| 16 Jul 2020 | 100359305 | Axis Bank Limited | ₹75 Lakh | Satisfied | |
| 25 May 2013 | 10437579 | State Bank of India | ₹6.11 Lakh | Satisfied |
To see the full charge records of Elkay Chemicals Pvt Ltd, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Elkay Chemicals Pvt Ltd has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹2.98 Cr; the latest was in January 2024.
Total deals
11
Secondary share transfers
6
Funding rounds
4
Rights issue
1
Disclosed funding
₹2.98 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jul 2016 | Rights issue | ₹4.96 Cr | Investors: 4 individuals |
To see the full deal history of Elkay Chemicals Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elkay Chemicals Pvt Ltd has 17 court cases on record: 7 filed by Elkay Chemicals, 10 filed against it. 4 cases are pending and 13 are disposed.
Total cases
17
Filed by the company
7
Filed against the company
10
Pending
4
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 4 | 4 |
| High courts | 6 | 6 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Chemsil Innovations Pvt. Ltd. and 2 others | Pending |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed against the company by M/S Siltech Speciality Pvt.Ltd. and 4 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Chemsil Innovations Pvt. Ltd. and 5 others | Disposed |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Pashupati Seohung Ltd. | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by Noble Silicones Pvt.Ltd. and Ors. | Disposed |
To see the full case history of Elkay Chemicals 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
Elkay Chemicals Pvt Ltd was last rated by Icra on 21 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Dec 2021 |
To see the full credit ratings and regulatory alerts of Elkay Chemicals Pvt Ltd, buy the company report.
MSME payment delays
Elkay Chemicals Pvt Ltd has 4 MSME Form 1 returns on record between 2020 and 2024, listing 529 overdue payments to 69 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 69)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Elkay Chemicals Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elkay Chemicals Pvt Ltd has a workforce of 141 employees on its EPFO records as of Nov 01, 2025, across 1 active EPFO establishment.
Employee count
141
Active EPFO establishments
1
Employee growth
4.44%
GST
Elkay Chemicals has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE5989K1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elkay Chemicals Pvt Ltd, buy the company report.
Recent activity
Elkay Chemicals Pvt Ltd has 3 board changes on record since 1986: 3 appointments. The latest: Avinash Dattatraya Kulkarni was appointed as Director on 10 Aug 1986.
AGM
Elkay Chemicals Pvt Ltd last Annual general meeting of members was held on 07 Oct 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101110559 was registered on 03 Apr 2025.
Charges
A charge with Axis Bank Limited of Rs. 63.95 Cr registered on 27 Mar 2017 with Charge ID 100105145 was modified on 25 Mar 2025.
Filing
Elkay Chemicals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100745016 was registered on 06 May 2023.
Charges
A charge registered on 16 Jul 2020 via Charge ID 100359305 with Axis Bank Limited was fully satisfied on 12 Jan 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100359305 was registered on 16 Jul 2020.
Charges
A charge registered on 07 Feb 2000 via Charge ID 90165358 with Service Limited was fully satisfied on 14 May 2018.
Charges
A charge registered on 29 Jun 2002 via Charge ID 90240891 with Sbi Bank was fully satisfied on 27 Apr 2018.
Charges
A charge registered on 28 Jun 2002 via Charge ID 90165459 with State Bank Of India was fully satisfied on 28 Apr 2017.
Charges
A charge registered on 21 Aug 1999 via Charge ID 90165342 with Satate Bank Of India was fully satisfied on 28 Apr 2017.
Charges
A charge registered on 11 Feb 1993 via Charge ID 90164982 with State Bank Of India was fully satisfied on 28 Apr 2017.
28 earlier events are in the company report.
Frequently asked questions
Elkay 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 02 June 1986 (40+ years old) and is registered under CIN U24100MH1986PTC039957.
Elkay Chemicals has 3 current directors:
- Avinash Dattatraya Kulkarni - Director
- Annarao Krishnarao Lokapur - Director
- Ravindra Dattatraya Kulkarni - Director
The latest financial statements of Elkay Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elkay Chemicals is 27AAACE5989K1Z1, 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 Elkay Chemicals is U24100MH1986PTC039957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elkay Chemicals has 17 court cases on record: 7 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.
Elkay Chemicals was incorporated on 02 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Elkay Chemicals has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹2.98 Cr; the latest was in January 2024.
The peers of Elkay Chemicals by revenue are Astra Chemtech Private Limited, Basf Performance Polyamides India Private Limited, Eftec (India) Private Limited, Indo GSP Chemicals Private Limited, Krishna Speciality Chemicals Private Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Avinash Dattatraya Kulkarni was appointed as Director on 10 Aug 1986. Ravindra Dattatraya Kulkarni was appointed as Director on 10 Aug 1986. Annarao Krishnarao Lokapur was appointed as Director on 02 Jun 1986.
Yes, Elkay Chemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0009705).
Elkay Chemicals has 4 MSME Form 1 returns on record between 2020 and 2024, listing 529 overdue payments to 69 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages