MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0011531
Goodway Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹144.1 Cr
▼ 12% YoY
Net profit · FY 2025
₹1.21 Cr
Net margin 0.8%
EBITDA · FY 2025
₹8.72 Cr
EBITDA margin 6.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.76 Cr
Issued & subscribed
Open charges
₹103 Cr
Satisfied ₹131 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Goodway Chemicals Private Limited
Data last updated:
Goodway Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 15 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2007PTC171714. Its GSTIN is 27AACCG8759R1ZL (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.76 Cr. It is led by directors Sunil Ramanlal Desai and Rahul Sunil Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7 6th Floor Pinnacle Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.1 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 0.8%) and EBITDA of ₹8.72 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over five years.
The company is associated with 1 brand: Goodway Chemicals. As per MCA filings, the company has open charges of ₹103 Cr and satisfied charges of ₹131 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in January 2018. Its 6 peer companies in the Chemicals industry (Formulations, Petrochemicals), 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 Murli Krishna Pharma Private Limited with revenue of ₹146.68 Cr.
Goodway Chemicals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0011531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goodwaychemicals.com.
Company details
CIN U24100MH2007PTC171714
Registration Number 171714
Incorporation Date 15 June 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0011531
Recognitions & Rankings of Goodway Chemicals
Contact details
Goodway Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is goodwaychemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS6 – 7 6th Floor Pinnacle Business Park Mahakali Caves Road Shanti Nagar Andhe, Ri (East), Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Goodway Chemicals Private Limited, buy the company report.
Comprehensive company report
Goodway 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
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Brands
Goodway Chemicals operates one associated brand: Goodway Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply and trade of lube additives and specialty chemicals in India. | goodwaychemicals.com |
Business activity
The main business activity of Goodway Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
To see the full business activity and turnover split of Goodway Chemicals Private Limited, buy the company report.
Financials of Goodway Chemicals Private Limited
FY 2024 filings availableGoodway Chemicals Private Limited reported revenue of ₹144.1 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹144.1 Cr ▼ 12%
Net profit · FY 2025
₹1.21 Cr margin 0.8%
EBITDA · FY 2025
₹8.72 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 27%
5 years · compounded
▲ 8%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 27% 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 |
|---|---|---|---|---|---|
| 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 | ₹8.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.21 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Goodway Chemicals Private Limited, buy the company report.
Board of directors of Goodway Chemicals Private Limited
Goodway Chemicals has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Ramanlal Desai Also directs: Goodway Research & Testing Laboratories Private Limited | Director | 15 Jun 2007 | 19 Years 4 Months | Current |
| Rahul Sunil Desai Also directs: Goodway Research & Testing Laboratories Private Limited | Director | 15 Jun 2007 | 19 Years 4 Months | Current |
Peer comparison
Goodway Chemicals Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Formulations, Petrochemicals), 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 |
|---|---|---|---|---|---|---|
| Murli Krishna Pharma Private Limited | ₹146.68 Cr (FY 2025) | -21.0% | Pune, Maharashtra, India | |||
| Raman & Weil Private Limited | ₹145.87 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Pulse Pharmaceuticals Private Limited | ₹145.08 Cr (FY 2024) | -1.0% | Hyderabad, Telangana, India | |||
| Goodway Chemicals Private Limitedthis company | ₹144.1 Cr (FY 2025) | ₹1.21 Cr | 0.8% | -12.0% | Mumbai, Maharashtra, India | |
| Immacule Lifesciences Private Limited | ₹143.18 Cr (FY 2025) | 34.0% | Nalagarh, Himachal Pradesh, India | |||
| Alventa Pharma Limited | ₹142.72 Cr (FY 2025) | 82.0% | Kolkata, West Bengal, India | |||
| Apotex Pharmachem India Private Limited | ₹142.14 Cr (FY 2024) | -19.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Goodway Chemicals Private Limited, buy the company report.
Shareholding
The shareholding of Goodway Chemicals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goodway Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹103 Cr
Satisfied charges
₹131 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101181167 | Others | ₹6.27 Cr | Open | |
| 31 Jul 2025 | 101136293 | Others | ₹1.51 Cr | Open | |
| 25 Jul 2025 | 101148459 | Others | ₹85.58 Cr | Open | |
| 30 Sep 2024 | 101000751 | Others | ₹1.02 Cr | Open | |
| 31 Mar 2024 | 100902679 | Others | ₹2.3 Cr | Open |
To see the full charge records of Goodway Chemicals Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Goodway Chemicals Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in January 2018.
Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹99 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Rights issue | ₹50 Lakh | Investors: 2 individuals |
| Mar 2015 | Funding round | ₹50 Lakh | Investors: 2 individuals |
| Sep 2011 | Funding round | ₹49 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goodway Chemicals Private Limited has 8 court cases on record: 5 filed by Goodway Chemicals, 3 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Imcd India Pvt Ltd | Pending |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed against the company by Quebec Petroleum Resources Ltd. Represented by Its Authorized Signatory Mr.Jitendra Shantilal Shah | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrant cases SW) | Filed against the company by M/S Sanjay Chemicals India Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Ms Clarion Drugs Ltd and Ors and 7 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Neelam Aqua and Speciality Chem Pvt Ltd and Other | Disposed |
To see the full case history of Goodway 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.
Credit ratings & regulatory alerts
Goodway Chemicals Private Limited was last rated by Acuite on 09 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 09 Jul 2026 |
To see the full credit ratings and regulatory alerts of Goodway Chemicals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goodway Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Goodway Chemicals has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG8759R1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AACCG8759R2ZK | Maharashtra | Active | 01 May 2025 |
| 24AACCG8759R2ZQ | Gujarat | Active | 08 Nov 2019 |
To see the full GST registrations and return filing status of Goodway Chemicals Private Limited, buy the company report.
Recent activity
Goodway Chemicals Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Rahul Sunil Desai was appointed as Director on 15 Jun 2007.
Charges
A charge with Others amounted to Rs. 6.27 Cr with Charge ID 101181167 was registered on 25 Sep 2025.
Charges
A charge with Others of Rs. 85.58 Cr registered on 25 Jul 2025 with Charge ID 101148459 was modified on 25 Sep 2025.
Charges
A charge registered on 12 Dec 2017 via Charge ID 100152595 with Axis Bank Limited was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 27 Jun 2024 via Charge ID 100949550 with Others was fully satisfied on 11 Sep 2025.
Charges
A charge registered on 25 Jun 2024 via Charge ID 100941812 with Others was fully satisfied on 29 Aug 2025.
Charges
A charge registered on 23 Feb 2024 via Charge ID 100869992 with Axis Bank Limited was fully satisfied on 25 Aug 2025.
Charges
A charge registered on 08 Jan 2018 via Charge ID 100157076 with Axis Bank Limited was fully satisfied on 25 Aug 2025.
Charges
A charge with Others amounted to Rs. 1.51 Cr with Charge ID 101136293 was registered on 31 Jul 2025.
Charges
A charge with Others amounted to Rs. 85.58 Cr with Charge ID 101148459 was registered on 25 Jul 2025.
Charges
A charge with Axis Bank Limited of Rs. 28.82 Cr registered on 12 Dec 2017 with Charge ID 100152595 was modified on 07 May 2025.
Charges
A charge with Others of Rs. 20.00 Cr registered on 27 Jun 2024 with Charge ID 100949550 was modified on 26 Nov 2024.
AGM
Goodway Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
45 earlier events are in the company report.
Frequently asked questions
Goodway Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 15 June 2007 (19+ years old) and is registered under CIN U24100MH2007PTC171714.
Goodway Chemicals has 2 current directors:
- Sunil Ramanlal Desai - Director
- Rahul Sunil Desai - Director
The latest financial statements of Goodway Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Goodway Chemicals is 27AACCG8759R1ZL, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCG8759R2ZK (Maharashtra), 24AACCG8759R2ZQ (Gujarat).
The CIN (Corporate Identification Number) of Goodway Chemicals is U24100MH2007PTC171714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodway Chemicals has 8 court cases on record: 5 filed by the company and 3 filed against it. 3 are pending.
Goodway Chemicals was incorporated on 15 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Goodway Chemicals has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in January 2018.
The peers of Goodway Chemicals by revenue are Murli Krishna Pharma Private Limited, Raman & Weil Private Limited, Pulse Pharmaceuticals Private Limited, Immacule Lifesciences Private Limited, Alventa Pharma Limited and 1 more, all in the Chemicals industry (Formulations, Petrochemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rahul Sunil Desai was appointed as Director on 15 Jun 2007. Sunil Ramanlal Desai was appointed as Director on 15 Jun 2007.
Yes, Goodway Chemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0011531).
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