MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0006253
Hem Corporation Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹193.55 Cr
▼ 2% YoY
Net profit · FY 2025
₹15.37 Cr
Net margin 7.9%
EBITDA · FY 2025
₹21.24 Cr
EBITDA margin 11%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.38 Lakh
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹55 Lakh
Company age
20 yrs
Est. 2006
Employees · EPFO
191
Provident fund records
About Hem Corporation Private Limited
Data last updated:
Hem Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 05 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24248MH2006PTC160992. Its GSTIN is 27AABCH6852K1Z9 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.38 Lakh. It is led by directors Uday Lalji Shah (Whole-Time Director) and Kishore Lalji Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 5 Riddhi Siddhi Apts. Mitagacross Rd Mulund E Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹193.55 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹15.37 Cr (net margin 7.9%) and EBITDA of ₹21.24 Cr (EBITDA margin 11%).
The company has about 191 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹55 Lakh on record. Court records list 21 cases involving the company, including 15 filed by the company and 6 filed against it; 6 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in December 2021. Its 4 peer companies in the FMCG industry (Home Care Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Zobele India Private Limited with revenue of ₹209.47 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers.
Hem Corporation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0006253). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hemincense.com.
Company details
CIN U24248MH2006PTC160992
Registration Number 160992
Incorporation Date 05 April 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0006253
Recognitions & Rankings of Hem Corporation
Contact details
Hem Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is hemincense.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 5 Riddhi Siddhi Apts. Mitagacross Rd Mulund E Mumbai, Maharashtra, India
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Hem Corporation Private Limited, buy the company report.
Comprehensive company report
Hem Corporation 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
Business activity
The main business activity of Hem Corporation is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Hem Corporation Private Limited, buy the company report.
Financials of Hem Corporation Private Limited
FY 2025 filings availableHem Corporation Private Limited reported revenue of ₹193.55 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹193.55 Cr ▼ 2%
Net profit · FY 2025
₹15.37 Cr margin 7.9%
EBITDA · FY 2025
₹21.24 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
EBITDA CAGR growth
1 year
▼ 17%
Revenue fell 2% in the latest year. EBITDA fell 17% in the latest 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 | ₹193.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.37 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 | 11% | ||||
| Net Profit Margin | 7.9% | ||||
| 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 Hem Corporation Private Limited, buy the company report.
Board of directors of Hem Corporation Private Limited
Hem Corporation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Lalji Shah | Whole-Time Director | 05 Apr 2006 | 20 Years 7 Months | Current |
| Kishore Lalji Shah Also directs: Vinit Realties Private Limited | Whole-Time Director | 05 Apr 2006 | 20 Years 7 Months | Current |
Peer comparison
Hem Corporation Private Limited is compared with the 4 companies closest to it by revenue in the FMCG industry (Home Care Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zobele India Private Limited | ₹209.47 Cr (FY 2025) | -1.0% | Daman, Daman and Diu, India | |||
| Paclean Ventures Private Limited | ₹194.65 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Hem Corporation Private Limitedthis company | ₹193.55 Cr (FY 2025) | ₹15.37 Cr | 7.9% | -2.0% | 191 | Mumbai, Maharashtra, India |
| Avalon Cosmetics Private Limited | ₹191.51 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Vanesa Cosmetics Private Limited | ₹159.4 Cr (FY 2025) | -52.0% | Delhi, India |
To see the full peer comparison of Hem Corporation Private Limited, buy the company report.
Auditor
Hem Corporation Private Limited is audited by Dipak Parikh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dipak Parikh & Co. | FY 2023 |
Shareholding
The shareholding of Hem Corporation 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hem Corporation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
₹55 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2024 | 100985638 | Citi Bank N.A. | ₹15 Cr | Open | |
| 30 Oct 2007 | 10075734 | Citibank N. A. | ₹55 Lakh | Satisfied |
To see the full charge records of Hem Corporation Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Hem Corporation Private Limited has 3 deals on record (3 secondary share transfers); the latest was in December 2021.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Dec 2021 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hem Corporation Private Limited has 21 court cases on record: 15 filed by Hem Corporation, 6 filed against it. 6 cases are pending and 15 are disposed.
Total cases
21
Filed by the company
15
Filed against the company
6
Pending
6
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 3 | 5 |
| District courts | 5 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karnal, Haryana | Cheque dishonour complaint | Filed against the company by Creditwise Capital Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Itc Ltd. | Pending |
| Bombay High Court | Court case (COMIP) | Filed by the company against Itc Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Sharp Mindz Marketing Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Sharp Mindz Marketing Pvt Ltd | Disposed |
To see the full case history of Hem Corporation 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
Hem Corporation Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gxpress Solutions (India) Private Limited | |||
| Interport Global Logistics Private Limited |
To see the full MSME payment records of Hem Corporation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hem Corporation Private Limited has a workforce of 191 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
191
Active EPFO establishments
1
Employee growth
4.37%
GST
Hem Corporation has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH6852K1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 19AABCH6852K1Z6 | West Bengal | Active | 08 Jul 2021 |
| 07AABCH6852K1ZB | Delhi | Active | 06 Sep 2021 |
To see the full GST registrations and return filing status of Hem Corporation Private Limited, buy the company report.
Recent activity
Hem Corporation Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Hemant Lalji Shah ceased to be Director on 10 Feb 2015.
AGM
Hem Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hem Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100985638 was registered on 14 Oct 2024.
Charges
A charge registered on 30 Oct 2007 via Charge ID 10075734 with Citibank N. A. was fully satisfied on 06 Jun 2023.
Ceased
Hemant Lalji Shah ceased to be Director.
Charges
A charge with Citibank N. A. amounted to Rs. 0.55 Cr with Charge ID 10075734 was registered on 30 Oct 2007.
Appointed
Kishore Lalji Shah was appointed as Whole-Time Director.
Appointed
Uday Lalji Shah was appointed as Whole-Time Director.
Incorporation
05 Apr 2006
Hem Corporation Private Limited was registered on 05 Apr 2006 with Roc Mumbai I & aged 20 years 7 months as per MCA records.
Frequently asked questions
Hem Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 05 April 2006 (20+ years old) and is registered under CIN U24248MH2006PTC160992.
Hem Corporation has 2 current directors:
- Uday Lalji Shah - Whole-Time Director
- Kishore Lalji Shah - Whole-Time Director
The latest financial statements of Hem Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hem Corporation is 27AABCH6852K1Z9, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AABCH6852K1Z6 (West Bengal), 07AABCH6852K1ZB (Delhi).
The CIN (Corporate Identification Number) of Hem Corporation is U24248MH2006PTC160992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hem Corporation has 21 court cases on record: 15 filed by the company and 6 filed against it. 6 are pending. Most are in the high courts.
Hem Corporation was incorporated on 05 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Hem Corporation has 3 deals on record (3 secondary share transfers); the latest was in December 2021.
The peers of Hem Corporation by revenue are Zobele India Private Limited, Paclean Ventures Private Limited, Avalon Cosmetics Private Limited, Vanesa Cosmetics Private Limited, all in the FMCG industry (Home Care Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Hemant Lalji Shah ceased to be Director on 10 Feb 2015. Kishore Lalji Shah was appointed as Whole-Time Director on 05 Apr 2006. Uday Lalji Shah was appointed as Whole-Time Director on 05 Apr 2006.
Yes, Hem Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0006253).
Hem Corporation has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 22 Sep 2020.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages