MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0024267
Evans Chem India Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹44.58 Cr
▼ 34% YoY
Net profit · FY 2024
₹36.28 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹1.86 Cr
EBITDA margin 4.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹19.36 Cr
Satisfied ₹3.4 Cr
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings
About Evans Chem India Private Limited
Data last updated:
Evans Chem India 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 23 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24114MH2003PTC141441. Its GSTIN is 27AABCE3201D1ZE (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sanjay Sahadev Tharali and Nitin Kisandas Mehta.
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 103 1st Floor Liberty Co – Op. Hsg Society Sarojini Rd Vile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.58 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹36.28 Lakh (net margin 0.8%) and EBITDA of ₹1.86 Cr (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹19.36 Cr and satisfied charges of ₹3.4 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it. The company has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹29 Lakh; the latest was in November 2021.
Evans Chem India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0024267). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website m.evanschemicals.com.
Company details
CIN U24114MH2003PTC141441
Registration Number 141441
Incorporation Date 23 July 2003
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 Medium
Udyam Registration UDYAM-MH-19-0024267
Key People
Sanjay Sahadev Tharali Director Nitin Kisandas Mehta Director Darshan Nitin Mehta Director Recognitions & Rankings of Evans Chem India
Contact details
Evans Chem India Private Limited's registered office is in Mumbai, Maharashtra. Its website is m.evanschemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address103 1st Floor Liberty Co – Op. Hsg Society Sarojini Rd Vile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Evans Chem India Private Limited, buy the company report.
Comprehensive company report
Evans Chem India 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 Evans Chem India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Evans Chem India Private Limited, buy the company report.
Financials of Evans Chem India Private Limited
FY 2025 filings availableEvans Chem India Private Limited reported revenue of ₹44.58 Cr (down 34% YoY) for FY 2024.
Revenue · FY 2024
₹44.58 Cr ▼ 34%
Net profit · FY 2024
₹36.28 Lakh margin 0.8%
EBITDA · FY 2024
₹1.86 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 3%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 30%
5 years · compounded
▲ 19%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 34% fall in the latest year. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 4.2% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Evans Chem India Private Limited, buy the company report.
Board of directors of Evans Chem India Private Limited
Evans Chem India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sahadev Tharali | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Nitin Kisandas Mehta Also directs: Advance Technological Contacts LLP, Addmore Chemicals LLP, Evans Catalysts Private Limited and 1 more | Director | 23 Jul 2003 | 23 Years 3 Months | Current |
| Darshan Nitin Mehta Also directs: Advance Technological Contacts LLP, Addmore Chemicals LLP, Neofutura Healthcare LLP and 2 more | Director | 23 Jul 2003 | 23 Years 3 Months | Current |
Auditor
Evans Chem India Private Limited is audited by MAHENDRA VORA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHENDRA VORA & CO. | FY 2023 | 032829 |
Shareholding
The shareholding of Evans Chem India 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 Evans Chem India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.36 Cr
Satisfied charges
₹3.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101076892 | Others | ₹6.5 Cr | Open | |
| 02 Dec 2023 | 100862352 | Hdfc Bank Limited | ₹21.36 Lakh | Open | |
| 20 Oct 2022 | 100629449 | Hdfc Bank Limited | ₹18.91 Lakh | Open | |
| 20 Aug 2020 | 100373321 | Axis Bank Limited | ₹7 Lakh | Open | |
| 29 Oct 2018 | 100216301 | Axis Bank Limited | ₹12.39 Cr | Open |
To see the full charge records of Evans Chem India Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Evans Chem India Private Limited has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹29 Lakh; the latest was in November 2021.
Total deals
6
Funding rounds
2
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹29 Lakh
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Darshan Mehta Huf, an individual Seller: an individual |
| Feb 2018 | Rights issue | ₹2.2 Cr | Investors: 3 individuals |
| Mar 2016 | Rights issue | ₹50 Lakh | Investors: 3 individuals |
| Mar 2012 | Funding round | ₹10 Lakh | Investors: 2 individuals |
| Feb 2009 | Funding round | ₹19 Lakh | Investors: 2 individuals |
To see the full deal history of Evans Chem India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Evans Chem India Private Limited has 10 court cases on record: 5 filed by Evans Chem India, 5 filed against it. All cases are disposed.
Total cases
10
Filed by the company
5
Filed against the company
5
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Mayuka Labs Pvt Ltd and 4 Ors | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Mayuka Labs Pvt.Ltd.And 4 Ors. | Disposed |
| Bombay High Court | Court case (LPETN) | Filed by the company against Mayuka Labs Pvt.Ltd.And 4 Ors. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Mayuka Labs Private Ltd. and Anr | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrant cases SW) | Filed by the company against Mayuka Labs Pvt.Ltd | Disposed |
To see the full case history of Evans Chem India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evans Chem India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evans Chem India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE3201D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evans Chem India Private Limited, buy the company report.
Recent activity
Evans Chem India Private Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Rajkumar Harikrishna Mehrotra ceased to be Director on 15 Nov 2021.
AGM
Evans Chem India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 27 Jan 2015 via Charge ID 10549779 with Bank Of Maharashtra was fully satisfied on 27 Jun 2025.
Charges
A charge registered on 29 Mar 2012 via Charge ID 10395518 with Others was fully satisfied on 27 Jun 2025.
Filing
Evans Chem India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 101076892 was registered on 24 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 0.07 Cr registered on 20 Aug 2020 with Charge ID 100373321 was modified on 25 Jan 2024.
Charges
A charge with Axis Bank Limited of Rs. 12.39 Cr registered on 29 Oct 2018 with Charge ID 100216301 was modified on 25 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100862352 was registered on 02 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100629449 was registered on 20 Oct 2022.
Ceased
Rajkumar Harikrishna Mehrotra ceased to be Director.
Ceased
Rakesh Rajkumar Mehrotra ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100373321 was registered on 20 Aug 2020.
10 earlier events are in the company report.
Frequently asked questions
Evans Chem India 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 23 July 2003 (23+ years old) and is registered under CIN U24114MH2003PTC141441.
Evans Chem India has 3 current directors:
- Sanjay Sahadev Tharali - Director
- Nitin Kisandas Mehta - Director
- Darshan Nitin Mehta - Director
The latest financial statements of Evans Chem India 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 Evans Chem India is 27AABCE3201D1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Evans Chem India is U24114MH2003PTC141441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evans Chem India has 10 court cases on record: 5 filed by the company and 5 filed against it. Most are in the high courts.
Evans Chem India was incorporated on 23 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Evans Chem India has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹29 Lakh; the latest was in November 2021.
Rajkumar Harikrishna Mehrotra ceased to be Director on 15 Nov 2021. Rakesh Rajkumar Mehrotra ceased to be Director on 15 Nov 2021. Sanjay Sahadev Tharali ceased to be Additional Director on 29 Sep 2018. Evans Chem India has 7 board changes on record in total.
Yes, Evans Chem India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0024267).
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