- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0108509

About FSPL Specialities Private Limited
Data last updated:
FSPL Specialities Private Limited is a private limited company based in Kalyan, Maharashtra, India, a subsidiary of Fineotex Chemical Limited. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 05 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2020PTC345418. Its GSTIN is 27AAECF2236J1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Fineotex Specialities Private Limited. It is led by directors including Mukesh Ramkrishna Tiwari and Ritu Aditya Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kalyan, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.7 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹12.84 Cr (net margin 30.1%) and EBITDA of ₹17.55 Cr (EBITDA margin 41.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company is associated with 1 brand: Fineotex Chemical. As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 1 case involving the company; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in January 2021. Its 10 peer companies in the Chemicals industry (Specialty Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Engichem Specialty Chemicals Private Limited with revenue of ₹43.52 Cr.
FSPL Specialities Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0108509). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fineotex.com.
Recognitions & Rankings of FSPL Specialities
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 21/1 MIDC Ambernath Industrial Area, Morivali Ambernath (West), Kalyan, Maharashtra, India – 421501
- IndustryChemicals and Materials, Specialty 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
Associated Brands with FSPL Specialities Private Limited
FSPL Specialities operates one associated brand: Fineotex Chemical. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemicals for textiles, construction, and water-treatment are manufactured. | fineotex.com |
Business Activity of FSPL Specialities Private Limited
The main business activity of FSPL Specialities is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 FSPL Specialities Private Limited FY 2025 filings available
FSPL Specialities Private Limited reported revenue of ₹42.7 Cr (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of FSPL Specialities Private Limited
Revenue fell 48% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 43% 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 FSPL Specialities Private Limited
| 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 | ₹17.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.84 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 FSPL Specialities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 30.1% | •••• | •••• | •••• | •••• |
| 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 FSPL Specialities are in the company report.
Financial statements from FY 2021
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.
Board of Directors of FSPL Specialities Private Limited
FSPL Specialities has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Ramkrishna Tiwari | Director | 12 Feb 2025 | 1 Years 8 Months | Current |
| Ritu Aditya Gupta Also directs: Proton Biochem Private Limited | Director | 12 Feb 2025 | 1 Years 8 Months | Current |
| Sunil Vasant Waghmare Also directs: Fineotex Chemical Limited | Director | 20 May 2023 | 3 Years 5 Months | Current |
Peer Comparison of FSPL Specialities Private Limited
FSPL Specialities Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty 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 |
|---|---|---|---|---|---|---|
| Engichem Specialty Chemicals Private Limited | ₹43.52 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Sri Dwarika Dheesh Polymers Private Limited | ₹43.3 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Saurashtra Specialities Private Limited | ₹43.28 Cr (FY 2019) | •••• | •••• | 9.0% | •••• | Rajkot, Gujarat, India |
| Midhills Rosin and Turpenes Private Limited | ₹42.98 Cr (FY 2025) | •••• | •••• | 764.0% | •••• | Solan, Himachal Pradesh, India |
| Ado Additives Technologies Limited | ₹42.82 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Delhi, India |
| FSPL Specialities Private Limited this company | ₹42.7 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Kalyan, Maharashtra, India |
| M.R. Speciality Chemicals Private Limited | ₹42.67 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Ark Golden India Private Limited | ₹42.61 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Vadodara, Gujarat, India |
| Virmani Brothers Private Limited | ₹42.6 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Zsivira Chemie Merk Private Limited | ₹42.59 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Chennai, Tamil Nadu, India |
| Chemicone Chemical Industries Pvt Ltd | ₹42.48 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below FSPL Specialities by revenue in the Chemicals industry (Specialty 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 FSPL Specialities Private Limited
FSPL Specialities Private Limited is audited by ASL AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASL AND 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.
Ownership and Shareholding of FSPL Specialities Private Limited
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 FSPL Specialities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2022 | Others | ₹10 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of FSPL Specialities Private Limited
FSPL Specialities Private Limited has 1 deal on record (1 rights issue); the latest was in January 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Rights issue | ₹90 Lakh | Investors: Fineotex Chemical Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of FSPL Specialities Private Limited
FSPL Specialities Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Company is another party | Pending |
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 FSPL Specialities Private Limited
FSPL Specialities Private Limited has a workforce of 0 employees as of Mar 30, 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 FSPL Specialities Private Limited
FSPL Specialities Private Limited has 7 board changes on record since 2020: 5 appointments and 2 cessations. The latest: Sanjay Surendra Tibrewala ceased to be Director on 20 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for FSPL Specialities Private Limited
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 FSPL Specialities Private Limited
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 FSPL Specialities Private Limited
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 FSPL Specialities Private Limited
FSPL Specialities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF2236J1ZO | Maharashtra | Active | 07 Nov 2020 |
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 FSPL Specialities Private Limited
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.
Related news about FSPL Specialities Private Limited
Frequently Asked Questions about FSPL Specialities Private Limited
FSPL Specialities is an active private limited company based in Kalyan, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 05 September 2020 (6+ years old) and is registered under CIN U24290MH2020PTC345418.
FSPL Specialities reported revenue of ₹42.7 Cr for FY 2025 (down 48% YoY).
FSPL Specialities has 3 current directors:
- Mukesh Ramkrishna Tiwari - Director
- Ritu Aditya Gupta - Director
- Sunil Vasant Waghmare - Director
FSPL Specialities reported a net profit of ₹12.84 Cr (net margin 30.1%) and EBITDA of ₹17.55 Cr (EBITDA margin 41.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of FSPL Specialities is 8% over three years. In the latest year (FY 2025) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of FSPL Specialities is 27AAECF2236J1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of FSPL Specialities is U24290MH2020PTC345418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FSPL Specialities has 1 court case on record. 1 is pending.
FSPL Specialities was incorporated on 05 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
FSPL Specialities has 1 deal on record (1 rights issue); the latest was in January 2021.
The peers of FSPL Specialities by revenue are Engichem Specialty Chemicals Private Limited, Sri Dwarika Dheesh Polymers Private Limited, Saurashtra Specialities Private Limited, Midhills Rosin and Turpenes Private Limited, Ado Additives Technologies Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).