MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-14-0001539
Gitanjali Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.72 Cr
▼ 21% YoY
Net profit · FY 2024
₹2.97 Cr
Net margin 8.1%
EBITDA · FY 2024
₹4.49 Cr
EBITDA margin 12.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹72 Lakh
Issued & subscribed
Open charges
₹8 Cr
Satisfied ₹22.82 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
24
Provident fund records
About Gitanjali Chemicals Private Limited
Data last updated:
Gitanjali Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 15 March 1980 and has been in existence for over 46 years.
Its director Surendrakumar Mohatta and family are #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1980PTC022341. Its GSTIN is 27AAACG1427G1ZZ (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹72 Lakh. It is led by directors Pawankumar Deora and Surendrakumar Mohatta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.72 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Cr (net margin 8.1%) and EBITDA of ₹4.49 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 3% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Benzo Chem Industries. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹22.82 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending.
Gitanjali Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-14-0001539). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bcipl.com.
Company details
CIN U24110MH1980PTC022341
Registration Number 022341
Incorporation Date 15 March 1980
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-14-0001539
Recognitions & Rankings of Gitanjali Chemicals
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,608 Surendrakumar Mohatta & family ₹1,200 Cr
Contact details
Gitanjali Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is bcipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMittal Court C Wing 3rd Floor, 224 Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Gitanjali Chemicals Private Limited, buy the company report.
Comprehensive company report
Gitanjali Chemicals Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Gitanjali Chemicals operates one associated brand: Benzo Chem Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies pharmaceutical intermediates and specialty chemicals. | bcipl.com |
Business activity
The main business activities of Gitanjali Chemicals are manufacturing and financial and insurance service. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Gitanjali Chemicals Private Limited, buy the company report.
Financials of Gitanjali Chemicals Private Limited
FY 2025 filings availableGitanjali Chemicals Private Limited reported revenue of ₹36.72 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹36.72 Cr ▼ 21%
Net profit · FY 2024
₹2.97 Cr margin 8.1%
EBITDA · FY 2024
₹4.49 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 15%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 6%
5 years · compounded
▲ 1%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.97 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 8.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Gitanjali Chemicals Private Limited, buy the company report.
Board of directors of Gitanjali Chemicals Private Limited
Gitanjali Chemicals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawankumar Deora | Director | 30 Apr 2010 | 16 Years 5 Months | Current |
| Surendrakumar Mohatta Also directs: Geetayan Consultancy LLP, Benzo Chem Industries Pvt Ltd | Director | 28 Nov 2009 | 16 Years 10 Months | Current |
Peer comparison
Gitanjali Chemicals Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Formulations, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mednext Biotech Limited | ₹36.86 Cr (FY 2025) | -32.0% | Udaipur, Rajasthan, India | |||
| Bharat Explosives Limited | ₹36.81 Cr (FY 2025) | -13.0% | Uttar Pradesh, India | |||
| Shukra Pharmaceuticals Limited | ₹36.79 Cr (FY 2025) | -52.0% | Ahmedabad, Gujarat, India | |||
| G.G.Organics Exports Private Limited | ₹36.73 Cr (FY 2024) | 3.0% | Chennai, Tamil Nadu, India | |||
| Gitanjali Chemicals Private Limitedthis company | ₹36.72 Cr (FY 2024) | ₹2.97 Cr | 8.1% | -21.0% | 24 | Mumbai, Maharashtra, India |
| Anphar Organics Private Limited. | ₹36.7 Cr (FY 2025) | 17.0% | Jammu, Jammu and Kashmir, India | |||
| Cubane Speciality Chemicals Private Limited | ₹36.67 Cr (FY 2025) | 4.0% | Chennai, Tamil Nadu, India | |||
| Expresolv Limited | ₹36.67 Cr (FY 2024) | 26.0% | Ahmedabad, Gujarat, India | |||
| Balaji Formulations Private Limited | ₹36.59 Cr (FY 2023) | -10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Gitanjali Chemicals Private Limited, buy the company report.
Auditor
Gitanjali Chemicals Private Limited is audited by MAHESHSABOO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHSABOO | FY 2022 | 035914 |
Shareholding
The shareholding of Gitanjali Chemicals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gitanjali Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8 Cr
Satisfied charges
₹22.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2016 | 100027159 | Others | ₹8 Cr | Open | |
| 28 Mar 2009 | 10175601 | Canara Bank | ₹9.1 Cr | Satisfied | |
| 19 Dec 2008 | 10137714 | Idbi Bank Limited | ₹3.61 Cr | Satisfied | |
| 18 Aug 2008 | 10120068 | Idbi Bank Limited | ₹3.61 Cr | Satisfied | |
| 19 Mar 2008 | 10101192 | Industrial Development Bank of India Limited | ₹1 Cr | Satisfied |
To see the full charge records of Gitanjali Chemicals Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Gitanjali Chemicals Private Limited has 8 court cases on record: 6 filed by Gitanjali Chemicals, 2 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
6
Filed against the company
2
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against Arch Pharmalabs Limited and 7 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against The State of Maharashtra and Another One and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Com. ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Gitanjali Chemicals 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
Gitanjali Chemicals Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 15 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Mitsu Chem Plast Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gitanjali Chemicals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gitanjali Chemicals Private Limited has a workforce of 24 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
4.35%
GST
Gitanjali Chemicals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1427G1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gitanjali Chemicals Private Limited, buy the company report.
Recent activity
Gitanjali Chemicals Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Ishita Gaurav Mohatta ceased to be Director on 01 Dec 2017.
AGM
Gitanjali Chemicals Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Gitanjali Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 8.00 Cr registered on 27 Apr 2016 with Charge ID 100027159 was modified on 04 Jan 2022.
Ceased
Ishita Gaurav Mohatta ceased to be Director.
Ceased
Madhu Surendra Mohatta ceased to be Whole-Time Director.
Charges
A charge registered on 28 Mar 2009 via Charge ID 10175601 with Canara Bank was fully satisfied on 30 May 2016.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100027159 was registered on 27 Apr 2016.
Charges
A charge with Canara Bank of Rs. 9.10 Cr registered on 28 Mar 2009 with Charge ID 10175601 was modified on 13 Jun 2011.
Ceased
Pawankumar Deora ceased to be Additional Director.
Appointed
Pawankumar Deora was appointed as Director.
Charges
A charge registered on 03 Dec 1997 via Charge ID 80056211 with The United Western Bank Ltd. was fully satisfied on 24 Dec 2009.
Charges
A charge registered on 03 Dec 1997 via Charge ID 80056212 with The United Western Bank Ltd. was fully satisfied on 24 Dec 2009.
44 earlier events are in the company report.
News
Frequently asked questions
Gitanjali Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 15 March 1980 (46+ years old) and is registered under CIN U24110MH1980PTC022341.
Gitanjali Chemicals has 2 current directors:
- Pawankumar Deora - Director
- Surendrakumar Mohatta - Director
The latest financial statements of Gitanjali Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gitanjali Chemicals is 27AAACG1427G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gitanjali Chemicals is U24110MH1980PTC022341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gitanjali Chemicals has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Gitanjali Chemicals was incorporated on 15 March 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gitanjali Chemicals by revenue are Mednext Biotech Limited, Bharat Explosives Limited, Shukra Pharmaceuticals Limited, G.G.Organics Exports Private Limited, Anphar Organics Private Limited. and 3 more, all in the Chemicals industry (Formulations, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ishita Gaurav Mohatta ceased to be Director on 01 Dec 2017. Madhu Surendra Mohatta ceased to be Whole-Time Director on 01 Dec 2017. Pawankumar Deora ceased to be Additional Director on 30 Sep 2010. Gitanjali Chemicals has 7 board changes on record in total.
Yes, Gitanjali Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-14-0001539).
Gitanjali Chemicals has 4 MSME Form 1 returns on record between 2019 and 2020, listing 15 overdue payments to 10 micro and small suppliers. The latest return was filed on 07 Jan 2021.
Gitanjali Chemicals can be reached through the website bcipl.com. Its registered office is in Mumbai, Maharashtra, India.