- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-27-0072236

About Finster Black Private Limited
Data last updated:
Finster Black Private Limited is a private limited company based in Raigad, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 23 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2019PTC332060. Its GSTIN is 27AADCF8884D1ZC (Maharashtra).
The company has an authorised share capital of ₹14.99 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Koushik Pal and Santosh Ramesh Mhatre.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at New Era Warehousing And Industrial Complex Building No. 9 Patalganga Khalapur, Raigad, Maharashtra, India – 410220.
As per the financials filed for FY 2025, the company reported a revenue of ₹116.14 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹4.7 Cr (net margin 4%) and EBITDA of ₹21.91 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 117% over five years.
The company is associated with 2 brands: Finster Carbon and Royal Carbon Black. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Finster Black Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0072236). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rcbl.in.
Company details
Recognitions & Rankings of Finster Black
Contact details
Finster Black Private Limited's registered office is in Raigad, Maharashtra. Its website is rcbl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew Era Warehousing And Industrial Complex Building No. 9 Patalganga Khalapur, Raigad, Maharashtra, India – 410220
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Finster Black 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
Brands
Finster Black operates two associated brands: Finster Carbon and Royal Carbon Black. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Tyre Pyrolysis Oil and recycling services in India. | rcbl.in | |
| Production of Recovered Carbon Black and related grades in India. | finstercarbon.com |
Business activity
The main business activity of Finster Black 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 Finster Black Private Limited, buy the company report.
Financials of Finster Black Private Limited
FY 2024 filings availableFinster Black Private Limited reported revenue of ₹116.14 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 117% over five years, including 43% growth in the latest year. EBITDA rose 55% 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 | ₹21.91 Cr | ||||
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| Net Profit (PAT) | ₹4.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Finster Black Private Limited, buy the company report.
Board of directors of Finster Black Private Limited
Finster Black has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koushik Pal | Director | 26 Aug 2024 | 2 Years 1 Months | Current |
| Santosh Ramesh Mhatre | Director | 23 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Finster Black Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Recology Recycling India Private Limited | ₹122.86 Cr (FY 2025) | 85.0% | Meerut, Uttar Pradesh, India | |||
| Velan Kraft House Private Limited | ₹120.55 Cr (FY 2018) | 16.0% | Chennai, Tamil Nadu, India | |||
| Finster Black Private Limitedthis company | ₹116.14 Cr (FY 2025) | ₹4.7 Cr | 4% | 43.0% | Raigad, Maharashtra, India | |
| Indian Metalloy Recyclers Private Limited | ₹112.42 Cr (FY 2022) | 67.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Finster Black Private Limited, buy the company report.
Auditor
Finster Black Private Limited is audited by A Shaikh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Shaikh & Associates | FY 2023 | 144339W |
Shareholding
The shareholding of Finster Black Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Finster Black Private Limited, buy the company report.
Legal cases
Finster Black Private Limited has 2 court cases on record: 2 filed by Finster Black. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against DD Rubber Industries and 1 other | Pending |
To see the full case history of Finster Black 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 Finster Black Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finster Black has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF8884D1ZC | Maharashtra | Active | 05 Dec 2019 |
To see the full GST registrations and return filing status of Finster Black Private Limited, buy the company report.
Recent activity
Finster Black Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Koushik Pal ceased to be Additional Director on 27 Sep 2024.
Frequently asked questions
Finster Black is an active private limited company based in Raigad, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 23 October 2019 (7+ years old) and is registered under CIN U24299MH2019PTC332060.
Finster Black has 2 current directors:
- Koushik Pal - Director
- Santosh Ramesh Mhatre - Director
The latest financial statements of Finster Black on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Finster Black is 27AADCF8884D1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finster Black is U24299MH2019PTC332060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finster Black has 2 court cases on record: 2 filed by the company. 2 are pending. Most are in the district courts.
Finster Black was incorporated on 23 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Finster Black by revenue are Recology Recycling India Private Limited, Velan Kraft House Private Limited, Indian Metalloy Recyclers Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (wholesale trading).
Koushik Pal ceased to be Additional Director on 27 Sep 2024. Koushik Pal was appointed as Director on 26 Aug 2024. Ramdas Rajaram Pawar ceased to be Director on 26 Aug 2024. Finster Black has 4 board changes on record in total.
Yes, Finster Black is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-27-0072236).
Finster Black can be reached through the website rcbl.in. Its registered office is in Raigad, Maharashtra, India.