GBL Chemical Limited

GBL Chemical Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24304MH2018PLC316126 Incorporated 23 October 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹175.68 Cr
▼ 8% YoY
Net profit · FY 2025
₹4.83 Cr
Net margin 2.7%
EBITDA · FY 2025
₹7.16 Cr
EBITDA margin 4.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered

About GBL Chemical Limited

Data last updated:

GBL Chemical Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ganesh Benzoplast Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 23 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2018PLC316126. Its GSTIN is 27AAHCG5231B1Z0 (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Shankarmal Pilani and Rishi Ramesh Pilani.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C Wing 1802 Lotus Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹175.68 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.83 Cr (net margin 2.7%) and EBITDA of ₹7.16 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.

The company is associated with 1 brand: Ganesh Benzoplast. Court records list 30 cases involving the company, including 13 filed by the company and 17 filed against it; 20 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2019. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 109 overdue payments to 15 micro and small suppliers.

GBL Chemical Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0157729). For more details, the company can be reached via its website gblchemicalltd.com.

Company details

CIN U24304MH2018PLC316126
Registration Number 316126
Incorporation Date 23 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ganesh Benzoplast Limited
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0157729
Key People
Ramesh Shankarmal Pilani Director Rishi Ramesh Pilani Director Ramesh Dhanraj Punjabi Director

Recognitions & Rankings of GBL Chemical

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0157729

Contact details

GBL Chemical Limited's registered office is in Mumbai, Maharashtra. Its website is gblchemicalltd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    gblchemicalltd.com
  • Registered Address
    C Wing 1802 Lotus Corporate Park Off Western Express Highway, Jai Coach, Mumbai, Maharashtra, India – 400063
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of GBL Chemical Limited, buy the company report.

Comprehensive company report
GBL Chemical 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

GBL Chemical operates one associated brand: Ganesh Benzoplast. Each brand links to its own profile.

BrandDescriptionWebsite
Ganesh Benzoplast
Manufacturer and exporter of API, intermediates, food preservatives & lubricant additivesganeshbenzoplast.com

Business activity

The main business activities of GBL Chemical are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of GBL Chemical Limited, buy the company report.

Financials of GBL Chemical Limited

FY 2025 filings available

GBL Chemical Limited reported revenue of ₹175.68 Cr (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹175.68 Cr ▼ 8%
Net profit · FY 2025
₹4.83 Cr margin 2.7%
EBITDA · FY 2025
₹7.16 Cr margin 4.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 295%
3 years · compounded
▲ 95%
5 years · compounded
▲ 337%

Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 295% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹7.16 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.83 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.1%
Net Profit Margin2.7%
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 GBL Chemical Limited, buy the company report.

Board of directors of GBL Chemical Limited

GBL Chemical has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramesh Shankarmal Pilani
Also directs: Niyanvi Property LLP, GBL Clean Energy Private Limited, Infinity Confidence LPG Private Limited and 5 more
Director23 Oct 20188 Years 0 MonthsCurrent
Rishi Ramesh Pilani
Also directs: GBL Clean Energy Private Limited, Infinity Confidence LPG Private Limited, GV Storage and Terminals Private Limited and 5 more
Director23 Oct 20188 Years 0 MonthsCurrent
Ramesh Dhanraj Punjabi
Also directs: GBL Clean Energy Private Limited, Infinity Confidence LPG Private Limited, GBL LPG Private Limited and 5 more
Director02 Apr 20242 Years 7 MonthsCurrent
Jagruti Chetan Gaikwad
Also directs: Infrastructure Logistic Systems Limited
Director11 Nov 20241 Years 11 MonthsCurrent
Girdhari Lal Kundalwal
Also directs: Ganesh Benzoplast Limited, Infrastructure Logistic Systems Limited, Siasam Advisory Services LLP and 3 more
Additional Director24 Sep 20251 Years 1 MonthsCurrent
View all directors

Auditor

GBL Chemical Limited is audited by R K Somani & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R K Somani & AssociatesFY 2023118666W

Shareholding

The shareholding of GBL Chemical Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of GBL Chemical Limited, buy the company report.

Deals & funding

GBL Chemical Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2019.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: Ganesh Benzoplast Limited & Rishi Ramesh Pilani, Ganesh Benzoplast Limited & Poonam Pilani, Ganesh Benzoplast Limited & Ramesh Shankarmal Pilani
Seller: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

GBL Chemical Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 109 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
an individual supplier
Bic Chemicals and Packagings Private Limited
Shree Hari Coal Corporation
Arihant Pack World
an individual supplier

To see the full MSME payment records of GBL Chemical Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

GBL Chemical has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCG5231B1Z0MaharashtraActive18 Aug 2021

To see the full GST registrations and return filing status of GBL Chemical Limited, buy the company report.

Recent activity

GBL Chemical Limited has 9 board changes on record since 2018: 5 appointments and 4 cessations. The latest: Girdhari Lal Kundalwal was appointed as Additional Director on 24 Sep 2025.

AGM
Gbl Chemical Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Appointed
Girdhari Lal Kundalwal was appointed as Additional Director.
Filing
Gbl Chemical Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Jagruti Chetan Gaikwad ceased to be Additional Director.
Appointed
Jagruti Chetan Gaikwad was appointed as Director.
Ceased
Ramesh Dhanraj Punjabi ceased to be Additional Director.
Appointed
Ramesh Dhanraj Punjabi was appointed as Director.
Ceased
Rajiv Ram Nagar ceased to be Director.
Ceased
Ramakant Shankarmal Pilani ceased to be Additional Director.
Appointed
Ramesh Shankarmal Pilani was appointed as Director.
Appointed
Rishi Ramesh Pilani was appointed as Director.
Incorporation
23 Oct 2018
Gbl Chemical Limited was registered on 23 Oct 2018 with Roc Mumbai & aged 8 years 16 days as per MCA records.

Frequently asked questions

GBL Chemical is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 23 October 2018 (8+ years old) and is registered under CIN U24304MH2018PLC316126.

GBL Chemical has 5 current directors:

The latest financial statements of GBL Chemical on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of GBL Chemical is 27AAHCG5231B1Z0, registered in Maharashtra.

The CIN (Corporate Identification Number) of GBL Chemical is U24304MH2018PLC316126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

GBL Chemical has 30 court cases on record: 13 filed by the company and 17 filed against it. 20 are pending. Most are in the district courts.

GBL Chemical was incorporated on 23 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

GBL Chemical has 1 deal on record (1 secondary share transfer); the latest was in March 2019.

Girdhari Lal Kundalwal was appointed as Additional Director on 24 Sep 2025. Jagruti Chetan Gaikwad ceased to be Additional Director on 09 Feb 2025. Jagruti Chetan Gaikwad was appointed as Director on 11 Nov 2024. GBL Chemical has 9 board changes on record in total.

Yes, GBL Chemical is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0157729).

GBL Chemical has 5 MSME Form 1 returns on record between 2023 and 2024, listing 109 overdue payments to 15 micro and small suppliers. The latest return was filed on 29 Apr 2024.