MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0035234
Elppe Chemicals Private Limited - pharma in Raigad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹173.94 Cr
▲ 8% YoY
Net profit · FY 2024
₹19.9 Cr
Net margin 11.4%
EBITDA · FY 2024
₹37.12 Cr
EBITDA margin 21.3%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹54 Lakh
Issued & subscribed
Open charges
₹50.9 Cr
Satisfied ₹103.82 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
119
Provident fund records
About Elppe Chemicals Private Limited
Data last updated:
Elppe Chemicals Private Limited is a private limited company based in Raigad, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 30 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1986PTC041448. Its GSTIN is 27AAACE1427E1Z5 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹54 Lakh. It is led by directors including Sulbha Pedat Bardeskar and Pedat Bardeskar Pavalu.
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 63/2 MIDC Area Dhatav Roha 403, Raigad, Maharashtra, India – 402116.
As per the financials filed for FY 2024, the company reported a revenue of ₹173.94 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹19.9 Cr (net margin 11.4%) and EBITDA of ₹37.12 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.
The company has about 119 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elppe. As per MCA filings, the company has open charges of ₹50.9 Cr and satisfied charges of ₹103.82 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 3 cases are pending.
Elppe Chemicals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0035234). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elppe.com.
Company details
CIN U24100MH1986PTC041448
Registration Number 041448
Incorporation Date 30 October 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0035234
Key People
Sulbha Pedat Bardeskar Director Amol Pedat Bardeshkar Additional Director Pedat Bardeskar Pavalu Director Recognitions & Rankings of Elppe Chemicals
Contact details
Elppe Chemicals Private Limited's registered office is in Raigad, Maharashtra. Its website is elppe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address63/2 MIDC Area Dhatav Roha 403, Raigad, Maharashtra, India – 402116
- IndustryPharma, API Manufacturers
To see the full contact details of Elppe Chemicals Private Limited, buy the company report.
Comprehensive company report
Elppe 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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Business activity
The main business activity of Elppe 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 Elppe Chemicals Private Limited, buy the company report.
Financials of Elppe Chemicals Private Limited
FY 2024 filings availableElppe Chemicals Private Limited reported revenue of ₹173.94 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹173.94 Cr ▲ 8%
Net profit · FY 2024
₹19.9 Cr margin 11.4%
EBITDA · FY 2024
₹37.12 Cr margin 21.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 7%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 105%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 8% growth in the latest year. EBITDA rose 105% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹37.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.9 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.3% | ||||
| Net Profit Margin | 11.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Elppe Chemicals Private Limited, buy the company report.
Board of directors of Elppe Chemicals Private Limited
Elppe Chemicals has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sulbha Pedat Bardeskar | Director | 28 Jan 1999 | 27 Years 9 Months | Current |
| Amol Pedat Bardeshkar Also directs: Spab Chemicals Private Limited | Additional Director | 15 Jul 2016 | 10 Years 3 Months | Current |
| Pedat Bardeskar Pavalu | Director | 30 Oct 1986 | 40 Years 0 Months | Current |
| Anton Jivaba Kuris | Director | 01 Oct 2025 | 1 Years 1 Months | Current |
Peer comparison
Elppe Chemicals Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Virchow Drugs Limited | ₹185.43 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| GMFC Labs Private Limited | ₹179.23 Cr (FY 2025) | 106.0% | Hyderabad, Telangana, India | |||
| Chandak Laboratories Private Limited | ₹178.82 Cr (FY 2024) | -26.0% | Hyderabad, Telangana, India | |||
| Mahima Lifesciences Private Limited | ₹177.98 Cr (FY 2025) | -18.0% | Delhi, India | |||
| Elppe Chemicals Private Limitedthis company | ₹173.94 Cr (FY 2024) | ₹19.9 Cr | 11.4% | 8.0% | 119 | Raigad, Maharashtra, India |
| Enaltec Labs Private Limited | ₹169.73 Cr (FY 2025) | 11.0% | Thane, Maharashtra, India | |||
| Mac-Chem Products (India) Private Limited | ₹167.51 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Vamsi Labs Limited | ₹167.4 Cr (FY 2025) | 28.0% | North Solapur, Maharashtra, India | |||
| Srini Pharmaceuticals Private Limited | ₹165.56 Cr (FY 2024) | -18.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Elppe Chemicals Private Limited, buy the company report.
Auditor
Elppe Chemicals Private Limited is audited by Wandrekar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Wandrekar & Co. | FY 2023 | 111696W |
Shareholding
The shareholding of Elppe Chemicals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Elppe Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50.9 Cr
Satisfied charges
₹103.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101166226 | Others | ₹18 Cr | Open | |
| 28 Jan 2020 | 100324812 | Axis Bank Limited | ₹17.5 Cr | Open | |
| 16 Jun 2016 | 100034002 | Others | ₹14 Cr | Open | |
| 24 Aug 2015 | 10587556 | Others | ₹1.4 Cr | Open | |
| 17 Feb 2020 | 100330532 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Elppe Chemicals Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Elppe Chemicals Private Limited has 11 court cases on record: 9 filed by Elppe Chemicals, 2 filed against it. 3 cases are pending and 8 are disposed.
Total cases
11
Filed by the company
9
Filed against the company
2
Pending
3
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 2 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Spinner Plastic Industries Ltd and 3 Others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Ami Riddhi Chem Pvt Ltd and 1 other | Pending |
| District court, Raigad, Maharashtra | Commercial suit | Filed by the company against Leitwind Shriram Manufacturing Private Limited and 5 others | Disposed |
| Bombay High Court | Court case (LPETN) | Filed by the company against Vjchem Canada Inc and Anr | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp.ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Elppe Chemicals Private Limited, 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
Elppe Chemicals Private Limited was last rated by Crisil on 06 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Jan 2020 |
To see the full credit ratings and regulatory alerts of Elppe Chemicals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elppe Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elppe Chemicals Private Limited has a workforce of 119 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
119
Active EPFO establishments
1
Employee growth
-4.03%
GST
Elppe Chemicals has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE1427E1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 33AAACE1427E2ZB | Tamil Nadu | Active | 24 Jan 2018 |
To see the full GST registrations and return filing status of Elppe Chemicals Private Limited, buy the company report.
Recent activity
Elppe Chemicals Private Limited has 5 board changes on record since 1986: 4 appointments and 1 cessation. The latest: Anton Jivaba Kuris was appointed as Director on 01 Oct 2025.
Appointed
Anton Jivaba Kuris was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,800.00 Lakh with Charge ID 101166226 was registered on 30 Sep 2025.
Charges
A charge registered on 17 Feb 2020 via Charge ID 100330532 with Others was fully satisfied on 22 Jul 2025.
AGM
Elppe Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 1,400.00 Lakh registered on 16 Jun 2016 with Charge ID 100034002 was modified on 07 Jun 2024.
Filing
Elppe Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 140.00 Lakh registered on 24 Aug 2015 with Charge ID 10587556 was modified on 18 Nov 2022.
Charges
A charge with Others of Rs. 2,000.00 Lakh registered on 17 Feb 2020 with Charge ID 100330532 was modified on 03 Jan 2022.
Charges
A charge with Axis Bank Limited of Rs. 1,750.00 Lakh registered on 28 Jan 2020 with Charge ID 100324812 was modified on 03 Dec 2021.
Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 100330532 was registered on 17 Feb 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,750.00 Lakh with Charge ID 100324812 was registered on 28 Jan 2020.
Charges
A charge registered on 30 Nov 2018 via Charge ID 100229556 with Others was fully satisfied on 22 Nov 2019.
33 earlier events are in the company report.
Frequently asked questions
Elppe Chemicals is an active private limited company based in Raigad, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 30 October 1986 (40+ years old) and is registered under CIN U24100MH1986PTC041448.
Elppe Chemicals has 4 current directors:
- Sulbha Pedat Bardeskar - Director
- Amol Pedat Bardeshkar - Additional Director
- Pedat Bardeskar Pavalu - Director
- Anton Jivaba Kuris - Director
The latest financial statements of Elppe Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elppe Chemicals is 27AAACE1427E1Z5, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACE1427E2ZB (Tamil Nadu).
The CIN (Corporate Identification Number) of Elppe Chemicals is U24100MH1986PTC041448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elppe Chemicals has 11 court cases on record: 9 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Elppe Chemicals was incorporated on 30 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elppe Chemicals by revenue are Virchow Drugs Limited, GMFC Labs Private Limited, Chandak Laboratories Private Limited, Mahima Lifesciences Private Limited, Enaltec Labs Private Limited and 3 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anton Jivaba Kuris was appointed as Director on 01 Oct 2025. Amol Pedat Bardeshkar was appointed as Additional Director on 15 Jul 2016. Shaver Santan Vaz ceased to be Director on 01 Dec 2010. Elppe Chemicals has 5 board changes on record in total.
Yes, Elppe Chemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0035234).
Elppe Chemicals can be reached through the website elppe.com. Its registered office is in Raigad, Maharashtra, India.
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