Gharda Chemicals Limited

Gharda Chemicals Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24110MH1967PLC013688 Incorporated 06 March 1967 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2025
₹3,649.01 Cr
▲ 20% YoY
Net profit · FY 2025
₹132.43 Cr
Net margin 3.6%
EBITDA · FY 2025
₹471.66 Cr
EBITDA margin 12.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹64.51 Lakh
Issued & subscribed
Open charges
₹1,117.5 Cr
Satisfied ₹2,004.23 Cr
Company age
59 yrs
Est. 1967
Employees · EPFO
2,619
Provident fund records

About Gharda Chemicals Limited

Data last updated:

Gharda Chemicals Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Gharda Medical & Advanced Technologies Foundation. It operates in the crop protection segment of the agriculture sector. It was incorporated on 06 March 1967 and has been in existence for over 59 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1967PLC013688. Its GSTIN is 27AAACG1255E1Z1 (Maharashtra). The company holds 34 GST registrations, of which 18 are active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹64.51 Lakh. It was formerly known as Gharda Chemicals Private Limited. It is led by directors including Diwakar Katapadikar Shenoy (Whole-Time Director) and Nilesh Ashok Kulkarni.

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 48 Hill Road Bandra West, Mumbai, Maharashtra, India – 400050.

As per the financials filed for FY 2025, the company reported a revenue of ₹3,649.01 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹132.43 Cr (net margin 3.6%) and EBITDA of ₹471.66 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.

The company has about 2,619 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Gharda Chemicals. As per MCA filings, the company has open charges of ₹1,117.5 Cr and satisfied charges of ₹2,004.23 Cr on record. Court records list 1,080 cases involving the company, including 831 filed by the company and 249 filed against it; 268 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in November 2020. Its 6 peer companies in the Agriculture industry (Dyes and Pigments, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 3 smaller; the largest is Bayer Cropscience Limited with revenue of ₹5,593.1 Cr. The company has 24 MSME Form 1 returns on record between 2014 and 2024, listing 3,047 overdue payments to 407 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gharda.com.

Company details

CIN U24110MH1967PLC013688
Registration Number 013688
Incorporation Date 06 March 1967
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Gharda Medical & Advanced Technologies Foundation
Compliance Status Active Compliant

CIN history

Gharda Chemicals has one previous CIN (Corporate Identification Number): L24110MH1967PLC013688. The current CIN is U24110MH1967PLC013688, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24110MH1967PLC013688Current
L24110MH1967PLC013688Previous
Key People
Diwakar Katapadikar Shenoy Whole-Time Director Nilesh Ashok Kulkarni Director Ashish Kishore Lele Director

Recognitions & Rankings of Gharda Chemicals

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#495
Valuation
₹9,710 Cr
2023 #495 2022 #378 2021 #472

Contact details

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

  • Email
  • Telephone
  • Website
    gharda.com
  • Social Media
  • Registered Address
    48 Hill Road Bandra West, Mumbai, Maharashtra, India – 400050
  • Industry
    Agriculture, Crop Protection

To see the full contact details of Gharda Chemicals Limited, buy the company report.

Comprehensive company report
Gharda Chemicals 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

Gharda Chemicals operates one associated brand: Gharda Chemicals. Each brand links to its own profile.

BrandDescriptionWebsite
Gharda Chemicals
Dyestuffs, pesticides, veterinary drugs, and polymers are provided.gharda.com

Business activity

The main business activity of Gharda Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

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

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

Financials of Gharda Chemicals Limited

FY 2025 filings available

Gharda Chemicals Limited reported revenue of ₹3,649.01 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹3,649.01 Cr ▲ 20%
Net profit · FY 2025
₹132.43 Cr margin 3.6%
EBITDA · FY 2025
₹471.66 Cr margin 12.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▼ 23%
5 years · compounded
▼ 11%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 20% growth in the latest year. EBITDA rose 45% 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₹471.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹132.43 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 Margin12.9%
Net Profit Margin3.6%
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 Gharda Chemicals Limited, buy the company report.

Board of directors of Gharda Chemicals Limited

Gharda Chemicals has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nilesh Ashok Kulkarni
Also directs: Surya Women and Children LLP, Chloris Polymers and Pigments Private Limited, Gujarat Insecticides Limited and 5 more
Director01 Sep 20197 Years 2 MonthsCurrent
Ashish Kishore Lele
Also directs: Entrepreneurship Development Center
Director19 Aug 20224 Years 2 MonthsCurrent
Yashwant Sripad Bhave
Also directs: Pimpri Chinchwad Smart City Limited, Association of Adolescents and Child Care in India, Pune Smart City Development Corporation Limited
Director18 Feb 20197 Years 8 MonthsCurrent
Sivaram Swaminathan
Also directs: Hitech Corporation Limited, 20 Microns Limited, Thriarr Polymers Private Limited and 4 more
Director06 May 20179 Years 5 MonthsCurrent
Almitra Hoshang PatelDirector13 Dec 200718 Years 10 MonthsCurrent
Sharad Pandurang Upasani
Also directs: Blue Dart Aviation Limited, M.Visvesvaraya Industrial Research and Development Centre, Baif Institute for Sustainable Livelihoods and Development and 3 more
Director18 Feb 20197 Years 8 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Gharda Chemicals Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Dyes and Pigments, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bayer Cropscience Limited₹5,593.1 Cr (FY 2025)8.0%Thane, Maharashtra, India
Birla Carbon India Private Limited₹4,524.29 Cr (FY 2025)2.0%Mumbai, Maharashtra, India
Colourtex Industries Private Limited₹3,885.42 Cr (FY 2025)3.0%Surat, Gujarat, India
Gharda Chemicals Limitedthis company₹3,649.01 Cr (FY 2025)₹132.43 Cr3.6%20.0%2,619Mumbai, Maharashtra, India
Sudarshan Chemical Industries Limited₹3,378.99 Cr (FY 2025)32.0%Pune, Maharashtra, India
Southern Petrochemical Industries Corporation Limited₹3,100.25 Cr (FY 2025)58.0%Chennai, Tamil Nadu, India
Sumitomo Chemical India Limited₹2,939.62 Cr (FY 2024)-17.0%Mumbai, Maharashtra, India

To see the full peer comparison of Gharda Chemicals Limited, buy the company report.

Auditor

Gharda Chemicals Limited is audited by B S R & Co LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
B S R & Co LLPFY 2024101248W/W-100022

Shareholding

The shareholding of Gharda Chemicals 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gharda Chemicals Limited, buy the company report.

Charges & borrowings

Open charges
₹1,117.5 Cr
Satisfied charges
₹2,004.23 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹917.50 Cr
Others₹200.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Mar 2024100891103Idbi Trusteeship Services Limited₹917.5 CrOpen
21 Jun 2023100760986Others₹200 CrOpen
21 May 200810107898State Bank of India₹91 CrSatisfied
06 Dec 200190229731Central Bank of India₹13.75 CrSatisfied
27 Sep 200090229609Icici Limited₹33 CrSatisfied

To see the full charge records of Gharda Chemicals Limited, buy the company report.

Total charge records: 75 View all charges

Deals & funding

Gharda Chemicals Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in November 2020.

Total deals
4
Secondary share transfers
3
Acquisition
1

Deals on record (4 of 4)

WhenDealAmountParties
Nov 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Sep 2018Secondary share transferUndisclosedBuyer: Gharda Medical & Advanced Technologies Foundation , 3 individuals
Seller: Others Gharda Chemicals Limited, 2 individuals
Apr 2010AcquisitionUndisclosedBuyer: Gharda Medical & Advanced Technologies Foundation
Seller: Gharda Consultants Private Limited , Bai RatanBai Gharda Hospital Trust, 2 individuals
Nov 2007Secondary share transferUndisclosedBuyer: an individual
Seller: Others Gharda Chemicals Limited, an individual

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

Credit ratings & regulatory alerts

Gharda Chemicals Limited was last rated by Crisil on 18 Jun 2020.

Rating agencyRated onRating
Crisil18 Jun 2020

To see the full credit ratings and regulatory alerts of Gharda Chemicals Limited, buy the company report.

MSME payment delays

Gharda Chemicals Limited has 24 MSME Form 1 returns on record between 2014 and 2024, listing 3,047 overdue payments to 407 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 407)

SupplierAmount dueDue sinceReported on
Sai Steelrange Storage
Joseph Leslie & Company LLP
Zenith Marketting and Consultants Pvt.Ltd.
Dooall Corpro (India) Private Limited
Supra Weighing Instrument Serv

To see the full MSME payment records of Gharda Chemicals Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Gharda Chemicals has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Gujarat Insecticides LimitedU24299GJ1980PLC003929

To see the full group structure of Gharda Chemicals Limited, buy the company report.

Employees & EPFO

Gharda Chemicals Limited has a workforce of 2,619 employees on its EPFO records as of Feb 14, 2025, across 5 active EPFO establishments.

Employee count
2,619
Active EPFO establishments
5
Employee growth
6.85%

GST

Gharda Chemicals has 34 GST registrations: 18 active and 16 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
34
Active
18
Cancelled / inactive
16
GSTINStateStatusRegistered on
27AAACG1255E1Z1MaharashtraActive01 Jul 2017
03AAACG1255E1ZBPunjabActive01 Jul 2017
05AAACG1255E1Z7UttarakhandActive01 Jul 2017
06AAACG1255E1Z5HaryanaActive01 Jul 2017

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

Recent activity

Gharda Chemicals Limited has 31 board changes on record since 2007: 8 appointments and 23 cessations. The latest: Keki Hormusji Gharda ceased to be Managing Director on 30 Sep 2024.

Charges
A charge registered on 12 Apr 1993 via Charge ID 90227090 with Canara Bank (Lead Bank) was fully satisfied on 08 Oct 2025.
AGM
Gharda Chemicals Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Gharda Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Keki Hormusji Gharda ceased to be Managing Director.
Charges
A charge registered on 08 Oct 1993 via Charge ID 80001625 with Canara Bank was fully satisfied on 20 Sep 2024.
Charges
A charge registered on 12 Apr 1993 via Charge ID 90228649 with Canara Bank was fully satisfied on 20 Sep 2024.
Charges
A charge registered on 12 Apr 1993 via Charge ID 80006723 with Central Bank Of India was fully satisfied on 03 Aug 2024.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 917.50 Cr with Charge ID 100891103 was registered on 18 Mar 2024.
Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100760986 was registered on 21 Jun 2023.
Ceased
Ashish Kishore Lele ceased to be Additional Director.
Appointed
Ashish Kishore Lele was appointed as Director.
Ceased
Vikas Mahadeo Vidwans ceased to be Additional Director.

202 earlier events are in the company report.

News

Frequently asked questions

Gharda Chemicals is an active public limited company based in Mumbai, Maharashtra, India. The company works in crop protection, within the agriculture industry. It was incorporated on 06 March 1967 (59+ years old) and is registered under CIN U24110MH1967PLC013688.

Gharda Chemicals has 7 current directors:

The latest financial statements of Gharda Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Gharda Chemicals is 27AAACG1255E1Z1, registered in Maharashtra. The company has 34 GST registrations in all, of which 18 are active and 16 are cancelled or inactive. Other active GSTINs include 03AAACG1255E1ZB (Punjab), 05AAACG1255E1Z7 (Uttarakhand), 06AAACG1255E1Z5 (Haryana).

The CIN (Corporate Identification Number) of Gharda Chemicals is U24110MH1967PLC013688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gharda Chemicals has 1,080 court cases on record: 831 filed by the company and 249 filed against it. 268 are pending. Most are in the district courts.

Gharda Chemicals was incorporated on 06 March 1967, making it 59+ years old. It is registered with the Registrar of Companies, Mumbai.

Gharda Chemicals has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in November 2020.

The peers of Gharda Chemicals by revenue are Bayer Cropscience Limited, Birla Carbon India Private Limited, Colourtex Industries Private Limited, Sudarshan Chemical Industries Limited, Southern Petrochemical Industries Corporation Limited and 1 more, all in the Agriculture industry (Dyes and Pigments, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Keki Hormusji Gharda ceased to be Managing Director on 30 Sep 2024. Ashish Kishore Lele ceased to be Additional Director on 28 Sep 2022. Ashish Kishore Lele was appointed as Director on 19 Aug 2022. Gharda Chemicals has 31 board changes on record in total.

Gharda Chemicals has 24 MSME Form 1 returns on record between 2014 and 2024, listing 3,047 overdue payments to 407 micro and small suppliers. The latest return was filed on 29 Apr 2024.

Gharda Chemicals can be reached through the website gharda.com. Its registered office is in Mumbai, Maharashtra, India.