Grand Organics Private Limited

Grand Organics Private Limited - chemicals and materials in Goa, India. FY 2026 financials & compliance.
CIN U24119GA1994PTC001573 Incorporated 19 April 1994 ROC Goa HQ Goa, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2025
₹36.53 Cr
▲ 10% YoY
Net loss · FY 2025
₹22.81 Lakh
Net margin -0.6%
EBITDA · FY 2025
₹45.55 Lakh
EBITDA margin 1.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Satisfied charges
₹124.22 Cr
No open charges
Company age
32 yrs
Est. 1994
Employees · EPFO
88
Provident fund records

About Grand Organics Private Limited

Data last updated:

Grand Organics Private Limited is a private limited company based in Goa, India, a subsidiary of Harcros (India) Llc, Usa. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 19 April 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U24119GA1994PTC001573. Its GSTIN is 30AABCG0794K1ZQ (Goa).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Zubin Keki Gandhi and Amol Ashok Walke.

Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 2/26 Bicholim Industrial Estate Bicholim, Goa, India – 403529.

As per the financials filed for FY 2025, the company reported a revenue of ₹36.53 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹22.81 Lakh (net margin -0.6%) and EBITDA of ₹45.55 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.

The company has about 88 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹124.22 Cr on record. Court records list 40 cases involving the company, including 31 filed by the company and 9 filed against it; 1 case is pending.

Grand Organics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0001092). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website venus-goa.com.

Company details

CIN U24119GA1994PTC001573
Registration Number 001573
Incorporation Date 19 April 1994
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Harcros (India) Llc, Usa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-01-0001092
Key People
Zubin Keki Gandhi Director Amol Ashok Walke Director Pandurang Suryakant Vernekar Additional Director

Recognitions & Rankings of Grand Organics

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-GA-01-0001092

Contact details

Grand Organics Private Limited's registered office is in Goa. Its website is venus-goa.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    venus-goa.com
  • Registered Address
    D – 2/26 Bicholim Industrial Estate Bicholim, Goa, India – 403529
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Grand Organics Private Limited, buy the company report.

Comprehensive company report
Grand Organics 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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Business activity

The main business activities of Grand Organics are manufacturing, trade and support service to organizations. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, wholesale trading and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
GTradeG1Wholesale Trading
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities

To see the full business activity and turnover split of Grand Organics Private Limited, buy the company report.

Financials of Grand Organics Private Limited

FY 2025 filings available

Grand Organics Private Limited reported revenue of ₹36.53 Cr (up 10% YoY) for FY 2025.

Revenue · FY 2025
₹36.53 Cr ▲ 10%
Net loss · FY 2025
₹22.81 Lakh margin -0.6%
EBITDA · FY 2025
₹45.55 Lakh margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 1%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 170%
3 years · compounded
▼ 31%
5 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 10% growth in the latest year. EBITDA rose 170% 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₹45.55 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹22.81 Lakh
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 Margin1.2%
Net Profit Margin-0.6%
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 Grand Organics Private Limited, buy the company report.

Board of directors of Grand Organics Private Limited

Grand Organics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Zubin Keki Gandhi
Also directs: Venus Ethoxyethers Pvt Ltd, Dyna Glycols Private Limited, Esteem Industries Private Limited and 4 more
Director05 Oct 200620 Years 1 MonthsCurrent
Amol Ashok Walke
Also directs: Walke Enterprises Limited Liability Partnership, Venus Ethoxyethers Pvt Ltd, Dyna Glycols Private Limited and 5 more
Director21 Jan 200224 Years 9 MonthsCurrent
Pandurang Suryakant Vernekar
Also directs: Dyna Glycols Private Limited, Esteem Industries Private Limited, Harcros Chemicals Private Limited
Additional Director20 Sep 20251 Years 1 MonthsCurrent
Mandar Jayprakash Priolkar
Also directs: Dyna Glycols Private Limited, Esteem Industries Private Limited, Harcros Chemicals Private Limited
Additional Director20 Sep 20251 Years 1 MonthsCurrent
View all directors

Peer comparison

Grand Organics Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Industrial 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Future Chem Pro Private Limited₹36.67 Cr (FY 2025)12.0%Thane, Maharashtra, India
Everyday Salt Private Limited₹36.61 Cr (FY 2025)297.0%Gandhidham, Gujarat, India
Chemtech Alkoxides Private Limited₹36.6 Cr (FY 2024)-12.0%Hyderabad, Telangana, India
Grand Organics Private Limitedthis company₹36.53 Cr (FY 2025)-₹22.81 Lakh-0.6%10.0%88Goa, India
Tinco Chemicals Private Limited₹36.35 Cr (FY 2025)-16.0%Mumbai, Maharashtra, India
Perma Construction Aids Private Limited₹36.07 Cr (FY 2021)4.0%Valsad, Gujarat, India
Maulikem Products Private Limited₹36 Cr (FY 2025)-20.0%Ahmedabad, Gujarat, India
Agarwal Finechem Private Limited₹35.91 Cr (FY 2024)0.0%Kanpur, Uttar Pradesh, India

To see the full peer comparison of Grand Organics Private Limited, buy the company report.

Auditor

Grand Organics Private Limited is audited by Y. K. Desai & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Y. K. Desai & Co.FY 2023102370W

Shareholding

The shareholding of Grand Organics 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Grand Organics Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹124.22 Cr
Breakdown by lending institutions
State Bank of India₹31.75 Cr
Pyramid Finance Private Limited₹27.74 Cr
Icici Bank Limited₹19.00 Cr
Icici Bank Ltd₹17.00 Cr
Others₹11.40 Cr
Others₹17.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 May 201510571240Pyramid Finance Private Limited₹2 CrSatisfied
17 Jan 201510547289Pyramid Finance Private Limited₹3.5 CrSatisfied
25 Sep 201410528808Pyramid Finance Private Limited₹2 CrSatisfied
04 Jun 201410503246Pyramid Finance Private Limited₹82 LakhSatisfied
26 Mar 201410521320Others₹6 CrSatisfied

To see the full charge records of Grand Organics Private Limited, buy the company report.

Total charge records: 47 View all charges

Credit ratings & regulatory alerts

Grand Organics Private Limited was last rated by Brickwork on 01 Jun 2020.

Rating agencyRated onRating
Brickwork01 Jun 2020

To see the full credit ratings and regulatory alerts of Grand Organics Private Limited, buy the company report.

MSME payment delays

Grand Organics Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 806 overdue payments to 53 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 53)

SupplierAmount dueDue sinceReported on
an individual supplier
Option Transport Private Limited
Tejas Packaging
an individual supplier
Associated Logistics

To see the full MSME payment records of Grand Organics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Grand Organics Private Limited has a workforce of 88 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
88
Active EPFO establishments
1
Employee growth
-8.33%

GST

Grand Organics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
30AABCG0794K1ZQGoaActive01 Jul 2017

To see the full GST registrations and return filing status of Grand Organics Private Limited, buy the company report.

Recent activity

Grand Organics Private Limited has 7 board changes on record since 2002: 4 appointments and 3 cessations. The latest: Mandar Jayprakash Priolkar was appointed as Additional Director on 20 Sep 2025.

Appointed
Mandar Jayprakash Priolkar was appointed as Additional Director.
Appointed
Pandurang Suryakant Vernekar was appointed as Additional Director.
AGM
Grand Organics Private Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Filing
Grand Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Peter Paul Radford ceased to be Director.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10521320 with Others was fully satisfied on 11 Jun 2021.
Charges
A charge with Others of Rs. 6.00 Cr registered on 26 Mar 2014 with Charge ID 10521320 was modified on 11 Mar 2019.
Charges
A charge registered on 12 Dec 2007 via Charge ID 10089328 with 3I Infotech Trusteeship Services Limited was fully satisfied on 12 Mar 2018.
Charges
A charge registered on 30 Nov 2007 via Charge ID 10106459 with 3I Infotech Trusteeship Services Limited was fully satisfied on 12 Mar 2018.
Charges
A charge registered on 02 Aug 2006 via Charge ID 80008703 with Icici Bank Ltd was fully satisfied on 12 Mar 2018.
Charges
A charge registered on 13 Mar 2006 via Charge ID 80008798 with Icici Bank Limited was fully satisfied on 12 Mar 2018.
Ceased
Upali Peter Weerasooriya ceased to be Additional Director.

100 earlier events are in the company report.

Frequently asked questions

Grand Organics is an active private limited company based in Goa, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 19 April 1994 (32+ years old) and is registered under CIN U24119GA1994PTC001573.

Grand Organics has 4 current directors:

The latest financial statements of Grand Organics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Grand Organics is 30AABCG0794K1ZQ, registered in Goa.

The CIN (Corporate Identification Number) of Grand Organics is U24119GA1994PTC001573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grand Organics has 40 court cases on record: 31 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.

Grand Organics was incorporated on 19 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Goa.

The peers of Grand Organics by revenue are Future Chem Pro Private Limited, Everyday Salt Private Limited, Chemtech Alkoxides Private Limited, Tinco Chemicals Private Limited, Perma Construction Aids Private Limited and 2 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Mandar Jayprakash Priolkar was appointed as Additional Director on 20 Sep 2025. Pandurang Suryakant Vernekar was appointed as Additional Director on 20 Sep 2025. Peter Paul Radford ceased to be Director on 19 Sep 2022. Grand Organics has 7 board changes on record in total.

Yes, Grand Organics is registered as a small enterprise under Udyam registration (number: UDYAM-GA-01-0001092).

Grand Organics has 15 MSME Form 1 returns on record between 2019 and 2024, listing 806 overdue payments to 53 micro and small suppliers. The latest return was filed on 20 Apr 2024.

Grand Organics can be reached through the website venus-goa.com. Its registered office is in Goa, India.