MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0057857
Ester Chemical Industries Pvt Ltd - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.32 Cr
▲ 27% YoY
Net profit · FY 2025
₹9.89 Lakh
Net margin 3%
EBITDA · FY 2025
₹16.2 Lakh
EBITDA margin 4.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹47.9 Lakh
Company age
39 yrs
Est. 1987
Directors on board
2
As per MCA filings
About Ester Chemical Industries Pvt Ltd
Data last updated:
Ester Chemical Industries 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 04 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1987PTC042420. Its GSTIN is 27AAACE1518L1ZQ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Devendrakumar Chandanlal Shah and Chintan Devendrakumar 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 5 Shatrunjay Giri Ashok Chakravarty Road Kandivli (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.32 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹9.89 Lakh (net margin 3%) and EBITDA of ₹16.2 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company is associated with 1 brand: Esterchem. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹47.9 Lakh on record. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2016. Its 4 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, 1 larger and 3 smaller; the largest is Bisan Chemicals and Engineers Private Limited with revenue of ₹3.38 Cr.
Ester Chemical Industries Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0057857). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esterchem.co.in.
Company details
CIN U24100MH1987PTC042420
Registration Number 042420
Incorporation Date 04 February 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0057857
Recognitions & Rankings of Ester Chemical Industries
Contact details
Ester Chemical Industries Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is esterchem.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5 Shatrunjay Giri Ashok Chakravarty Road Kandivli (East), Mumbai, Maharashtra, India – 400101
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Ester Chemical Industries Pvt Ltd, buy the company report.
Comprehensive company report
Ester Chemical Industries 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
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Brands
Ester Chemical Industries operates one associated brand: Esterchem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures specialty chemicals like adhesives, coatings, paints, inks, and textiles for industrial applications. | esterchem.co.in |
Business activity
The main business activity of Ester Chemical Industries 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 Ester Chemical Industries Pvt Ltd, buy the company report.
Financials of Ester Chemical Industries Pvt Ltd
FY 2025 filings availableEster Chemical Industries Pvt Ltd reported revenue of ₹3.32 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹3.32 Cr ▲ 27%
Net profit · FY 2025
₹9.89 Lakh margin 3%
EBITDA · FY 2025
₹16.2 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 12%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 27% growth in the latest year. EBITDA rose 49% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.89 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Ester Chemical Industries Pvt Ltd, buy the company report.
Board of directors of Ester Chemical Industries Pvt Ltd
Ester Chemical Industries has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendrakumar Chandanlal Shah | Director | 04 Feb 1987 | 39 Years 9 Months | Current |
| Chintan Devendrakumar Shah | Director | 13 Dec 2002 | 23 Years 11 Months | Current |
Peer comparison
Ester Chemical Industries Pvt Ltd is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Bisan Chemicals and Engineers Private Limited | ₹3.38 Cr (FY 2024) | 36.0% | Pune, Maharashtra, India | |||
| Ester Chemical Industries Pvt Ltdthis company | ₹3.32 Cr (FY 2025) | ₹9.89 Lakh | 3% | 27.0% | Mumbai, Maharashtra, India | |
| Cemseal Infraaid Private Limited | ₹3.29 Cr (FY 2021) | 91.0% | Kalol, Gujarat, India | |||
| Samy Extracts Private Limited | ₹3.29 Cr (FY 2025) | -36.0% | Namakkal, Tamil Nadu, India | |||
| Floortech Epoxy Private Limited | ₹3.29 Cr (FY 2025) | -10.0% | Nelamangala, Karnataka, India |
To see the full peer comparison of Ester Chemical Industries Pvt Ltd, buy the company report.
Auditor
Ester Chemical Industries Pvt Ltd is audited by R. G. Menon & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. G. Menon & Co. | FY 2024 | 049448 |
Shareholding
The shareholding of Ester Chemical Industries 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 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ester Chemical Industries Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹47.9 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 1998 | 90224873 | Bank of Baroda | ₹1 Cr | Open | |
| 10 Jul 2007 | 10058447 | Bank of Baroda | ₹30 Lakh | Satisfied | |
| 03 Mar 2003 | 90225240 | Bank of Baroda | ₹5 Lakh | Satisfied | |
| 27 May 1997 | 90224813 | Bank of Baroda | ₹6 Lakh | Satisfied | |
| 14 Aug 1990 | 90224187 | Uco Bank | ₹2 Lakh | Satisfied |
To see the full charge records of Ester Chemical Industries Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Ester Chemical Industries Pvt Ltd has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ester Chemical Industries Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ester Chemical Industries Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ester Chemical Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE1518L1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ester Chemical Industries Pvt Ltd, buy the company report.
Recent activity
Ester Chemical Industries Pvt Ltd has 2 board changes on record since 1987: 2 appointments. The latest: Chintan Devendrakumar Shah was appointed as Director on 13 Dec 2002.
AGM
Ester Chemical Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ester Chemical Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 10 Jul 2007 via Charge ID 10058447 with Bank Of Baroda was fully satisfied on 11 Mar 2019.
Charges
A charge registered on 03 Mar 2003 via Charge ID 90225240 with Bank Of Baroda was fully satisfied on 11 Mar 2019.
Charges
A charge registered on 27 May 1997 via Charge ID 90224813 with Bank Of Baroda was fully satisfied on 11 Mar 2019.
Charges
A charge with Bank Of Baroda of Rs. 100.00 Lakh registered on 09 Jan 1998 with Charge ID 90224873 was modified on 18 Aug 2011.
Charges
A charge with Bank Of Baroda amounted to Rs. 30.00 Lakh with Charge ID 10058447 was registered on 10 Jul 2007.
Charges
A charge with Bank Of Baroda amounted to Rs. 5.00 Lakh with Charge ID 90225240 was registered on 03 Mar 2003.
Appointed
Chintan Devendrakumar Shah was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 100.00 Lakh with Charge ID 90224873 was registered on 09 Jan 1998.
Charges
A charge registered on 14 Aug 1990 via Charge ID 90224187 with Uco Bank was fully satisfied on 29 May 1997.
Charges
A charge with Bank Of Baroda amounted to Rs. 6.00 Lakh with Charge ID 90224813 was registered on 27 May 1997.
5 earlier events are in the company report.
Frequently asked questions
Ester Chemical Industries 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 04 February 1987 (39+ years old) and is registered under CIN U24100MH1987PTC042420.
Ester Chemical Industries has 2 current directors:
- Devendrakumar Chandanlal Shah - Director
- Chintan Devendrakumar Shah - Director
The latest financial statements of Ester Chemical Industries 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 Ester Chemical Industries is 27AAACE1518L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ester Chemical Industries is U24100MH1987PTC042420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ester Chemical Industries was incorporated on 04 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Ester Chemical Industries has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
The peers of Ester Chemical Industries by revenue are Bisan Chemicals and Engineers Private Limited, Cemseal Infraaid Private Limited, Samy Extracts Private Limited, Floortech Epoxy Private Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Chintan Devendrakumar Shah was appointed as Director on 13 Dec 2002. Devendrakumar Chandanlal Shah was appointed as Director on 04 Feb 1987.
Yes, Ester Chemical Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0057857).
Ester Chemical Industries can be reached through the website esterchem.co.in. Its registered office is in Mumbai, Maharashtra, India.
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