About Finorga (India) Pvt Ltd
Data last updated:
Finorga (India) Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 12 August 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1986PTC040611. Its GSTIN is 27AAACF2318K1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91 Lakh. It is led by directors including Tanmay Godiawala Naimish and Cherry Amit Mehta.
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 105 – A Neelam Centre249 – B Hind Cycle Road Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.16 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹9.49 Cr (net margin 78.1%) and EBITDA of ₹11.26 Cr (EBITDA margin 92.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 31% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.67 Cr and satisfied charges of ₹2.22 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website s-amit.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address105 – A Neelam Centre249 – B Hind Cycle Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryChemicals and Materials, Industrial Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Finorga (India) Pvt Ltd
The main business activity of Finorga (India) is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Finorga (India) Pvt Ltd FY 2024 filings available
Finorga (India) Pvt Ltd reported revenue of ₹12.16 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finorga (India) Pvt Ltd
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 429% 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 of Finorga (India) Pvt Ltd
| 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 | ₹11.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.49 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Finorga (India) Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 78.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Finorga (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Finorga (India) Pvt Ltd
Finorga (India) Pvt Ltd is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yojana Lifescience Private Limited | ₹12.31 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Khed, Maharashtra, India |
| Aakraa Private Limited | ₹12.29 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Vadodara, Gujarat, India |
| Vemasshi Chemicals Private Limited | ₹12.28 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Chennai, Tamil Nadu, India |
| Hydrochem Specialities Chemicals Private Limited | ₹12.21 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Kashipur, Uttarakhand, India |
| Redichem Pigments Pvt Ltd | ₹12.18 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Purulia, West Bengal, India |
| Finorga (India) Pvt Ltd this company | ₹12.16 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Bajrang Refractories Private Limited | ₹12.14 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mehsana, Gujarat, India |
| Theadarsh Chemicals Private Limited | ₹12.14 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Nutracare Vitamin Private Limited | ₹12.1 Cr (FY 2025) | •••• | •••• | 17648.0% | •••• | Borivlai East, Maharashtra, India |
| Harsh Rutiles India Private Limited | ₹12.07 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Telangana, India |
| Akshar Chemicals India Private Limited | ₹12.06 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Finorga (India) by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Finorga (India) Pvt Ltd
Finorga (India) Pvt Ltd is audited by R. S. CHHABRA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. S. CHHABRA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Finorga (India) Pvt Ltd
Finorga (India) has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanmay Godiawala Naimish | Director | 09 Nov 2019 | 6 Years 11 Months | Current |
| Cherry Amit Mehta Also directs: Express Interiors & Contractors LLP, Agreo Solutions LLP, S.Amit Speciality Chemicals Private Limited and 4 more | Director | 01 Apr 1995 | 31 Years 6 Months | Current |
| Harsh Amit Mehta Also directs: Express Interiors & Contractors LLP, Hi End Property Developers LLP, Reaxa Chemistry Solutions LLP and 5 more | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
| Mohak Amit Mehta Also directs: Reaxa Chemistry Solutions LLP, Mohar Properties and Trading LLP, Agreo Solutions LLP and 5 more | Director | 12 Jul 2002 | 24 Years 2 Months | Current |
| Amit Mahendra Mehta Also directs: Express Interiors & Contractors LLP, Hi End Property Developers LLP, Reaxa Chemistry Solutions LLP and 5 more | Director | 12 Aug 1986 | 40 Years 1 Months | Current |
| Niyati Tanna Mehta | Director | 02 Apr 2009 | 17 Years 6 Months | Current |
Ownership and Shareholding of Finorga (India) Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Finorga (India) Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Apr 2021 | Others | ₹10.67 Cr | Open |
| 31 Mar 2000 | The Hong Kong and Shanghai Banking Corporation Ltd. | ₹2.22 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Finorga (India) Pvt Ltd
Finorga (India) Pvt Ltd has 1 court case on record: 1 filed by Finorga (India). All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Bioscience Consultancy and Services | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Finorga (India) Pvt Ltd
Finorga (India) Pvt Ltd has a workforce of 2 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Finorga (India) Pvt Ltd
Finorga (India) Pvt Ltd has 10 board changes on record since 1986: 6 appointments and 4 cessations. The latest: Kokila Mahendra Mehta ceased to be Director on 23 Nov 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Finorga (India) Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Finorga (India) Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Finorga (India) Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Finorga (India) Pvt Ltd
Finorga (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF2318K1ZR | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Finorga (India) Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Finorga (India) Pvt Ltd
Finorga (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 12 August 1986 (40+ years old) and is registered under CIN U24110MH1986PTC040611.
Finorga (India) reported revenue of ₹12.16 Cr for FY 2025 (down 37% YoY).
Finorga (India) has 6 current directors:
- Tanmay Godiawala Naimish - Director
- Cherry Amit Mehta - Director
- Harsh Amit Mehta - Director
- Mohak Amit Mehta - Director
- Amit Mahendra Mehta - Director
- Niyati Tanna Mehta - Director
Finorga (India) reported a net profit of ₹9.49 Cr (net margin 78.1%) and EBITDA of ₹11.26 Cr (EBITDA margin 92.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finorga (India) is 38% over three years and 31% over five years. In the latest year (FY 2025) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finorga (India) is 27AAACF2318K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finorga (India) is U24110MH1986PTC040611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finorga (India) has 1 court case on record: 1 filed by the company.
Finorga (India) was incorporated on 12 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Finorga (India) by revenue are Yojana Lifescience Private Limited, Aakraa Private Limited, Vemasshi Chemicals Private Limited, Hydrochem Specialities Chemicals Private Limited, Redichem Pigments Pvt Ltd and 5 more, all in the Chemicals industry (Industrial Chemicals).
Kokila Mahendra Mehta ceased to be Director on 23 Nov 2021. Tanmay Godiawala Naimish ceased to be Additional Director on 31 Dec 2020. Tanmay Godiawala Naimish was appointed as Director on 09 Nov 2019. Finorga (India) has 10 board changes on record in total.