Excell Chemicals Private Limited
About Excell Chemicals Private Limited
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Excell Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 17 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1977PTC019558. Its GSTIN is 27AAACE0041J1Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Varsha Ashwin Sheth and Ashwin Ratilal Sheth.
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 414 Lotus House33 – A V Thakersey Marg New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹12,700, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹77,800 and EBITDA of -₹77,800. Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹29.25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Excell Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address414 Lotus House33 – A V Thakersey Marg New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Excell Chemicals Private Limited, buy the company report.
- 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
Business activity
The main business activity of Excell Chemicals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Excell Chemicals Private Limited, buy the company report.
Financials of Excell Chemicals Private Limited
FY 2025 filings availableExcell Chemicals Private Limited reported revenue of ₹12,700 (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 59% fall in the latest year. EBITDA fell 6% 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 |
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| EBITDA | -₹77,800 | ||||
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| Net Profit (PAT) | -₹77,800 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Excell Chemicals Private Limited, buy the company report.
Board of directors of Excell Chemicals Private Limited
Excell Chemicals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Ashwin Sheth Also directs: Uniser Smartspaces Private Limited | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Ashwin Ratilal Sheth Also directs: Uniser Industries Private Limited | Director | 17 Mar 1977 | 49 Years 7 Months | Current |
Auditor
Excell Chemicals Private Limited is audited by MNRD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MNRD & ASSOCIATES | FY 2023 | 126991W |
Shareholding
The shareholding of Excell 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 Excell Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 1999 | 90163824 | Dena Bank | ₹11 Lakh | Open | |
| 25 Jan 1980 | 90161549 | Dena Bank | ₹11 Lakh | Open | |
| 03 Dec 1979 | 90161542 | Dena Bank | ₹3.75 Lakh | Open | |
| 16 Nov 1979 | 90161538 | Dena Bank | ₹3.5 Lakh | Open |
To see the full charge records of Excell Chemicals Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Excell Chemicals Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAER) | Filed against the company by K Virji and Co. Private Limited | Pending |
To see the full case history of Excell 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excell Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excell Chemicals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE0041J1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excell Chemicals Private Limited, buy the company report.
Recent activity
Excell Chemicals Private Limited has 4 board changes on record since 1977: 3 appointments and 1 cessation. The latest: Sushila Ratilal Sheth ceased to be Director on 01 Aug 2018.
1 earlier event is in the company report.
Frequently asked questions
Excell Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 17 March 1977 (49+ years old) and is registered under CIN U24100MH1977PTC019558.
Excell Chemicals has 2 current directors:
- Varsha Ashwin Sheth - Director
- Ashwin Ratilal Sheth - Director
The latest financial statements of Excell Chemicals 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 Excell Chemicals is 27AAACE0041J1Z2, registered in Maharashtra. 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 Excell Chemicals is U24100MH1977PTC019558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excell Chemicals has 1 court case on record: 1 filed against it. 1 is pending.
Excell Chemicals was incorporated on 17 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
Sushila Ratilal Sheth ceased to be Director on 01 Aug 2018. Varsha Ashwin Sheth was appointed as Director on 01 Aug 2018. Sushila Ratilal Sheth was appointed as Director on 01 Mar 1993. Excell Chemicals has 4 board changes on record in total.
The registered office of Excell Chemicals is at 414 Lotus House33 – A V Thakersey Marg New Marine Lines, Mumbai, Maharashtra, India – 400020.
Excell Chemicals operates in the chemicals and materials industry, in the chemical distribution and retail segment.