MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0001747
Hema Dyechem Private Limited - chemicals and materials in Vapi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.69 Cr
▼ 33% YoY
Net profit · FY 2024
₹69.41 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹3.53 Cr
EBITDA margin 6.8%
Authorised capital
₹1.65 Cr
Registered with MCA
Paid-up capital
₹55.3 Lakh
Issued & subscribed
Open charges
₹133.66 Cr
Satisfied ₹79 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
98
Provident fund records
About Hema Dyechem Private Limited
Data last updated:
Hema Dyechem Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 30 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24111GJ2003PTC079520. Its GSTIN is 24AABCH3414P1ZL (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹55.3 Lakh. It is led by directors Shashank Anil Merchant (Whole-Time Director) and Nishith Anil Merchant (Whole-Time Director).
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 C – 1 – B 48 – 50 Shed Vapi Taluka – Pardi, Gujarat, India – 396195.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.69 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹69.41 Lakh (net margin 1.3%) and EBITDA of ₹3.53 Cr (EBITDA margin 6.8%).
The company has about 98 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hema Dyechem. As per MCA filings, the company has open charges of ₹133.66 Cr and satisfied charges of ₹79 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 3 deals on record (3 secondary share transfers); the latest was in January 2024. Its 8 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Orgo Chem Private Limited with revenue of ₹54.21 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2024, listing 61 overdue payments to 16 micro and small suppliers.
Hema Dyechem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0001747). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hemachem.com.
Company details
CIN U24111GJ2003PTC079520
Registration Number 079520
Incorporation Date 30 September 2003
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-25-0001747
CIN history
Hema Dyechem has one previous CIN (Corporate Identification Number): U24111MH2003PTC142441. The current CIN is U24111GJ2003PTC079520, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24111GJ2003PTC079520 | Current |
| U24111MH2003PTC142441 | Previous |
Recognitions & Rankings of Hema Dyechem
Contact details
Hema Dyechem Private Limited's registered office is in Vapi, Gujarat. Its website is hemachem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 1 – B 48 – 50 Shed Vapi Taluka – Pardi, Gujarat, India – 396195
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Hema Dyechem Private Limited, buy the company report.
Comprehensive company report
Hema Dyechem 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
Hema Dyechem operates one associated brand: Hema Dyechem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of dyes, pigments, pharmaceutical, and agro intermediates. | hemachem.com |
Business activity
The main business activity of Hema Dyechem 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 Hema Dyechem Private Limited, buy the company report.
Financials of Hema Dyechem Private Limited
FY 2024 filings availableHema Dyechem Private Limited reported revenue of ₹51.69 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹51.69 Cr ▼ 33%
Net profit · FY 2024
₹69.41 Lakh margin 1.3%
EBITDA · FY 2024
₹3.53 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
EBITDA CAGR growth
1 year
▼ 81%
3 years · compounded
▼ 24%
5 years · compounded
▼ 14%
Revenue fell 33% in the latest year. EBITDA fell 81% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.41 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Hema Dyechem Private Limited, buy the company report.
Board of directors of Hema Dyechem Private Limited
Hema Dyechem has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Anil Merchant Also directs: Vapi Spectrochem Pvt Ltd | Whole-Time Director | 30 Sep 2003 | 23 Years 0 Months | Current |
| Nishith Anil Merchant Also directs: Vapi Spectrochem Pvt Ltd | Whole-Time Director | 30 Sep 2003 | 23 Years 0 Months | Current |
Peer comparison
Hema Dyechem Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), 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 |
|---|---|---|---|---|---|---|
| Orgo Chem Private Limited | ₹54.21 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Veeraco Colourants Private Limited | ₹53.81 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Mamta Texdyes Private Limited | ₹53.19 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India | |||
| Parshwanath Dyechem Industries Private Limited | ₹52.87 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Hema Dyechem Private Limitedthis company | ₹51.69 Cr (FY 2024) | ₹69.41 Lakh | 1.3% | -33.0% | 98 | Vapi, Gujarat, India |
| SF Dyes Private Limited | ₹51.63 Cr (FY 2024) | 11.0% | Mumbai, Maharashtra, India | |||
| Unity Dye Chem Private Limited | ₹50.35 Cr (FY 2025) | 3.0% | Khambhat, Gujarat, India | |||
| Sona Inter-Chem Pvt Ltd | ₹50.02 Cr (FY 2025) | -4.0% | Vapi, Gujarat, India | |||
| Ruchika Chemical Industries Private Limited | ₹49.98 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Hema Dyechem Private Limited, buy the company report.
Auditor
Hema Dyechem Private Limited is audited by CHHAJED & DOSHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAJED & DOSHI | FY 2023 | 101794W |
Shareholding
The shareholding of Hema Dyechem 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 Hema Dyechem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹133.66 Cr
Satisfied charges
₹79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2025 | 101032599 | Others | ₹3.04 Cr | Open | |
| 04 Oct 2024 | 100982665 | Others | ₹41.45 Cr | Open | |
| 17 May 2024 | 100933268 | Axis Bank Limited | ₹10 Cr | Open | |
| 20 Oct 2022 | 100646983 | Hdfc Bank Limited | ₹5.5 Cr | Open | |
| 12 Aug 2022 | 100611287 | Others | ₹1.72 Cr | Open |
To see the full charge records of Hema Dyechem Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Hema Dyechem Private Limited has 3 deals on record (3 secondary share transfers); the latest was in January 2024.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hema Dyechem Private Limited has 3 court cases on record: 2 filed by Hema Dyechem, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Hema Dyechem 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
Hema Dyechem Private Limited was last rated by Care on 07 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Sep 2022 |
To see the full credit ratings and regulatory alerts of Hema Dyechem Private Limited, buy the company report.
MSME payment delays
Hema Dyechem Private Limited has 2 MSME Form 1 returns on record between 2019 and 2024, listing 61 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sunshine Products | |||
| Pragati Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Hema Dyechem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hema Dyechem Private Limited has a workforce of 98 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
98
Active EPFO establishments
1
Employee growth
-16.24%
GST
Hema Dyechem has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH3414P1ZL | Gujarat | Active | 01 Jul 2017 |
| 24AABCH3414P2ZK | Gujarat | Active | 04 Feb 2021 |
| 27AABCH3414P2ZE | Maharashtra | Active | 29 May 2018 |
To see the full GST registrations and return filing status of Hema Dyechem Private Limited, buy the company report.
Recent activity
Hema Dyechem Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Anil Shrichand Merchant ceased to be Director on 14 Apr 2018.
Charges
A charge with Others amounted to Rs. 3.04 Cr with Charge ID 101032599 was registered on 13 Jan 2025.
Charges
A charge with Others amounted to Rs. 41.45 Cr with Charge ID 100982665 was registered on 04 Oct 2024.
AGM
Hema Dyechem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 18 Jul 2020 via Charge ID 100355190 with Others was fully satisfied on 24 Jul 2024.
Charges
A charge with Others of Rs. 41.45 Cr registered on 02 Jan 2018 with Charge ID 100165220 was modified on 10 Jul 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100933268 was registered on 17 May 2024.
Filing
Hema Dyechem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 01 Sep 2015 via Charge ID 100145633 with Others was fully satisfied on 08 Feb 2024.
Charges
A charge registered on 30 Mar 2010 via Charge ID 10271878 with Bank Of Baroda was fully satisfied on 08 Feb 2024.
Charges
A charge registered on 05 Mar 2008 via Charge ID 10189415 with Bank Of Baroda was fully satisfied on 08 Feb 2024.
Charges
A charge registered on 05 Feb 2008 via Charge ID 10487503 with Bank Of Baroda was fully satisfied on 08 Feb 2024.
Charges
A charge registered on 28 Jun 2006 via Charge ID 10010791 with Bank Of Baroda was fully satisfied on 08 Feb 2024.
35 earlier events are in the company report.
Frequently asked questions
Hema Dyechem is an active private limited company based in Vapi, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 30 September 2003 (23+ years old) and is registered under CIN U24111GJ2003PTC079520.
Hema Dyechem has 2 current directors:
- Shashank Anil Merchant - Whole-Time Director
- Nishith Anil Merchant - Whole-Time Director
The latest financial statements of Hema Dyechem 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 Hema Dyechem is 24AABCH3414P1ZL, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCH3414P2ZK (Gujarat), 27AABCH3414P2ZE (Maharashtra).
The CIN (Corporate Identification Number) of Hema Dyechem is U24111GJ2003PTC079520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hema Dyechem has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Hema Dyechem was incorporated on 30 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hema Dyechem has 3 deals on record (3 secondary share transfers); the latest was in January 2024.
The peers of Hema Dyechem by revenue are Orgo Chem Private Limited, Veeraco Colourants Private Limited, Mamta Texdyes Private Limited, Parshwanath Dyechem Industries Private Limited, SF Dyes Private Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anil Shrichand Merchant ceased to be Director on 14 Apr 2018. Nishith Anil Merchant ceased to be Director on 01 Apr 2011. Shashank Anil Merchant ceased to be Director on 01 Apr 2011. Hema Dyechem has 5 board changes on record in total.
Yes, Hema Dyechem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0001747).
Hema Dyechem has 2 MSME Form 1 returns on record between 2019 and 2024, listing 61 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.