MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-25-0025307
Fine Fragrances Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.98 Cr
▲ 7% YoY
Net profit · FY 2025
₹9.44 Cr
Net margin 11.7%
EBITDA · FY 2025
₹13.18 Cr
EBITDA margin 16.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹94.48 Lakh
Issued & subscribed
Open charges
₹2.3 Cr
Satisfied ₹59.8 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
22
Provident fund records
About Fine Fragrances Private Limited
Data last updated:
Fine Fragrances Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 29 January 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1980PTC022167. Its GSTIN is 27AAACF0706F1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.48 Lakh. It was formerly known as Fine Fragrances Limited. It is led by directors Kajal Amol Shah (Whole-Time Director) and Amol Jashvant Shah.
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 119 Jolly Maker Chambersno 2 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.98 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹9.44 Cr (net margin 11.7%) and EBITDA of ₹13.18 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 22 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Fine Fragrances. As per MCA filings, the company has open charges of ₹2.3 Cr and satisfied charges of ₹59.8 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2021. Its 5 peer companies in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 2 smaller; the largest is Bioingredia Natural Private Limited with revenue of ₹89.07 Cr.
Fine Fragrances Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0025307). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finefrag.com.
Company details
CIN U74999MH1980PTC022167
Registration Number 022167
Incorporation Date 29 January 1980
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-25-0025307
CIN history
Fine Fragrances has one previous CIN (Corporate Identification Number): L74999MH1980PLC022167. The current CIN is U74999MH1980PTC022167, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1980PTC022167 | Current |
| L74999MH1980PLC022167 | Previous |
Recognitions & Rankings of Fine Fragrances
Contact details
Fine Fragrances Private Limited's registered office is in Mumbai, Maharashtra. Its website is finefrag.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address119 Jolly Maker Chambersno 2 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Fine Fragrances Private Limited, buy the company report.
Comprehensive company report
Fine Fragrances 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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Brands
Fine Fragrances operates one associated brand: Fine Fragrances. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of aroma, fragrance, and flavor ingredients in the chemicals sector. | finefrag.com |
Business activity
The main business activity of Fine Fragrances 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 Fine Fragrances Private Limited, buy the company report.
Financials of Fine Fragrances Private Limited
FY 2024 filings availableFine Fragrances Private Limited reported revenue of ₹80.98 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹80.98 Cr ▲ 7%
Net profit · FY 2025
₹9.44 Cr margin 11.7%
EBITDA · FY 2025
₹13.18 Cr margin 16.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 13%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 22%
5 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 7% growth in the latest year. EBITDA rose 56% 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 | ₹13.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.44 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 16.3% | ||||
| Net Profit Margin | 11.7% | ||||
| 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 Fine Fragrances Private Limited, buy the company report.
Board of directors of Fine Fragrances Private Limited
Fine Fragrances has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Jashvant Shah | Director | 22 Nov 2000 | 25 Years 11 Months | Current |
| Kajal Amol Shah Also directs: Anglo Gulf LLP, Fine Aromatics and Herbal Extracts Private Limited, M J Exports Private Limited and 2 more | Whole-Time Director | 01 Apr 2017 | 9 Years 7 Months | Current |
Peer comparison
Fine Fragrances Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Aromatics), 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 |
|---|---|---|---|---|---|---|
| Bioingredia Natural Private Limited | ₹89.07 Cr (FY 2025) | 33.0% | Kochi, Kerala, India | |||
| Gogia Chemical Industries Private Limited | ₹87.72 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Naturachem Organics Private Limited | ₹86.16 Cr (FY 2025) | -5.0% | Barabanki, Uttar Pradesh, India | |||
| Fine Fragrances Private Limitedthis company | ₹80.98 Cr (FY 2025) | ₹9.44 Cr | 11.7% | 7.0% | 22 | Mumbai, Maharashtra, India |
| Nishant Aromas Private Limited | ₹78.41 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Kdac Chem Private Limited | ₹78.23 Cr (FY 2025) | 35.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Fine Fragrances Private Limited, buy the company report.
Auditor
Fine Fragrances Private Limited is audited by N. V. Parmar & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. V. Parmar & Co. | FY 2024 | 039341 |
Shareholding
The shareholding of Fine Fragrances Private Limited 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 Fine Fragrances Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.3 Cr
Satisfied charges
₹59.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2016 | 10624255 | Axis Bank Limited | ₹2.3 Cr | Open | |
| 19 Nov 2022 | 100655156 | Others | ₹9 Cr | Satisfied | |
| 09 Feb 2015 | 10553607 | Axis Bank Limited | ₹33.6 Cr | Satisfied | |
| 28 Jul 2004 | 90152637 | The Dhanalakshmi Bank Limited | ₹1.7 Cr | Satisfied | |
| 28 Jun 2004 | 80004553 | Canara Bank | ₹15 Cr | Satisfied |
To see the full charge records of Fine Fragrances Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Fine Fragrances Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2021.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2016 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Feb 2013 | 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
Fine Fragrances Private Limited has 9 court cases on record: 3 filed by Fine Fragrances, 6 filed against it. All cases are disposed.
Total cases
9
Filed by the company
3
Filed against the company
6
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by Shreyans Lifestyle Pvt.Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against Chordia Fashions Pvt. Ltd. and 1 other | Disposed |
| District court, Valsad, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| District court, Valsad, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Fine Fragrances 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
Fine Fragrances Private Limited was last rated by Crisil on 17 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Oct 2019 |
To see the full credit ratings and regulatory alerts of Fine Fragrances Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fine Fragrances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Fine Fragrances has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Fine Aromatics and Herbal Extracts Private Limited | U01117MH2004PTC148792 | |
| Fine Aroma Specialities Private Limited | U24110MH2020PTC348567 |
To see the full group structure of Fine Fragrances Private Limited, buy the company report.
Employees & EPFO
Fine Fragrances Private Limited has a workforce of 22 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Employee count
22
Active EPFO establishments
3
Employee growth
10%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 22 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Fine Fragrances Private Limited, buy the company report.
GST
Fine Fragrances has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF0706F1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACF0706F1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fine Fragrances Private Limited, buy the company report.
Recent activity
Fine Fragrances Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Jashvant Mansukhlal Shah ceased to be Director on 17 Apr 2018.
Charges
A charge with Axis Bank Limited of Rs. 2.30 Cr registered on 11 Jan 2016 with Charge ID 10624255 was modified on 06 Feb 2025.
AGM
Fine Fragrances Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fine Fragrances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 19 Nov 2022 via Charge ID 100655156 with Others was fully satisfied on 18 Mar 2024.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100655156 was registered on 19 Nov 2022.
Charges
A charge registered on 09 Feb 2015 via Charge ID 10553607 with Axis Bank Limited was fully satisfied on 14 Oct 2021.
Ceased
Jashvant Mansukhlal Shah ceased to be Director.
Appointed
Kajal Amol Shah was appointed as Whole-Time Director.
Ceased
Kajal Amol Shah ceased to be Additional Director.
Ceased
Ashok Shah ceased to be Managing Director.
Charges
A charge registered on 28 Jun 2004 via Charge ID 80004553 with Canara Bank was fully satisfied on 27 May 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.30 Cr with Charge ID 10624255 was registered on 11 Jan 2016.
10 earlier events are in the company report.
Frequently asked questions
Fine Fragrances is an active private limited company based in Mumbai, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 29 January 1980 (46+ years old) and is registered under CIN U74999MH1980PTC022167.
Fine Fragrances has 2 current directors:
- Kajal Amol Shah - Whole-Time Director
- Amol Jashvant Shah - Director
The latest financial statements of Fine Fragrances 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 Fine Fragrances is 27AAACF0706F1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACF0706F1ZC (Gujarat).
The CIN (Corporate Identification Number) of Fine Fragrances is U74999MH1980PTC022167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fine Fragrances has 9 court cases on record: 3 filed by the company and 6 filed against it. Most are in the district courts.
Fine Fragrances was incorporated on 29 January 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Fine Fragrances has 3 deals on record (3 secondary share transfers); the latest was in March 2021.
The peers of Fine Fragrances by revenue are Bioingredia Natural Private Limited, Gogia Chemical Industries Private Limited, Naturachem Organics Private Limited, Nishant Aromas Private Limited, Kdac Chem Private Limited, all in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jashvant Mansukhlal Shah ceased to be Director on 17 Apr 2018. Kajal Amol Shah was appointed as Whole-Time Director on 01 Apr 2017. Kajal Amol Shah ceased to be Additional Director on 01 Apr 2017. Fine Fragrances has 5 board changes on record in total.
Yes, Fine Fragrances is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-25-0025307).
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