Hurun India Rich List 2026 edition · 1 director
- #412 Ramesh Chauhan & family ₹9,000 Cr
Hemline Flavours Private Limited
Hemline Flavours Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company pharma
Revenue · FY 2025
₹1.79 Lakh
▼ 50% YoY
Net loss · FY 2025
₹57,000
Net margin -31.8%
EBITDA · FY 2025
-₹38,000
EBITDA margin -21.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹12.75 Lakh
Issued & subscribed
Satisfied charges
₹14 Lakh
No open charges
Company age
90 yrs
Est. 1936
Directors on board
2
As per MCA filings
About Hemline Flavours Private Limited
Data last updated:
Hemline Flavours Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bisleri International Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 01 May 1936 and has been in existence for over 90 years.
Its director Ramesh Chauhan and family are #412 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1936PTC002484.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.75 Lakh. It was formerly known as Bisleri (India) Private Limited and Bisleri (India) Limited. It is led by directors Ramesh Jayantilal Chauhan and Parag Jitendra Bengali.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Western Express Highway Chakala Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹57,000 (net margin -31.8%) and EBITDA of -₹38,000 (EBITDA margin -21.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company is associated with 1 brand: Bisleri. As per MCA filings, the company has satisfied charges of ₹14 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2007. Its 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is KLL Healthcare Private Limited with revenue of ₹1.81 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Hemline Flavours Private Limited
CIN U24110MH1936PTC002484
Registration Number 002484
Incorporation Date 01 May 1936
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Bisleri International Private Limited
Compliance Status Active Compliant
Name History of Hemline Flavours Private Limited
Hemline Flavours has undergone 2 name changes throughout its history. The company was previously known as Bisleri (India) Private Limited, and Bisleri (India) Limited. The current legal name is Hemline Flavours Private Limited.
| Company Name | Status |
|---|---|
| Hemline Flavours Private Limited | Current |
| Bisleri (India) Private Limited | Previous |
| Bisleri (India) Limited | Previous |
Recognitions & Rankings of Hemline Flavours
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressWestern Express Highway Chakala Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryPharma, Drug Formulation & Development
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Associated Brands with Hemline Flavours Private Limited
Hemline Flavours operates one associated brand: Bisleri. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaged drinking water and assorted beverages are supplied by Bisleri. | bisleri.com |
Financials of Hemline Flavours Private Limited FY 2024 filings available
Hemline Flavours Private Limited reported revenue of ₹1.79 Lakh (down 50% YoY) for FY 2025.
Revenue · FY 2025
₹1.79 Lakh ▼ 50%
Net loss · FY 2025
₹57,000 margin -31.8%
EBITDA · FY 2025
-₹38,000 margin -21.2%
Compounded Annual Growth Rate (CAGR) of Hemline Flavours Private Limited
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 10%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 116%
3 years · compounded
▼ 30%
5 years · compounded
▼ 18%
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 116% 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 of Hemline Flavours Private Limited
| 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 | -₹38,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹57,000 | •••• | •••• | •••• | •••• |
| 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 of Hemline Flavours Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -31.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hemline Flavours are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Hemline Flavours Private Limited
Hemline Flavours 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 |
|---|---|---|---|---|
| Ramesh Jayantilal Chauhan Also directs: Parle (Exports) Private Limited, Parle Bisleri Private Limited, Bisleri International Private Limited and 2 more | Director | 29 Jun 1970 | 56 Years 3 Months | Current |
| Parag Jitendra Bengali Also directs: Parle (Exports) Private Limited, Parle Bisleri Private Limited, Bisleri International Private Limited and 2 more | Director | 24 Nov 2022 | 3 Years 10 Months | Current |
Peer Comparison of Hemline Flavours Private Limited
Hemline Flavours Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KLL Healthcare Private Limited | ₹1.81 Lakh (FY 2025) | •••• | •••• | 62.0% | •••• | Palghar, Maharashtra, India |
| Laila Formulations Private Limited | ₹1.8 Lakh (FY 2025) | •••• | •••• | •••• | Vijayawada, Andhra Pradesh, India | |
| Divye Life Sciences Private Limited | ₹1.79 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Noida, Uttar Pradesh, India |
| Cyklo Pharma Chem Pvt Ltd | ₹1.79 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Maharastra, Maharashtra, India |
| Ken Biotec Private Limited | ₹1.79 Lakh (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Hemline Flavours Private Limited this company | ₹1.79 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Schering-Plough (India) Private Limited | ₹1.78 Lakh (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Biogenero Labs Private Limited | ₹1.77 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Bangalore, Karnataka, India |
| Lavinia Life Sciences Private Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Navi Mumbai, Maharashtra, India |
| Eu Med Services Private Limited | ₹1.75 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Ernakulam, Kerala, India |
| Khilari Lifesciences Private Limited | ₹1.73 Lakh (FY 2024) | •••• | •••• | -100.0% | •••• | Khargar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hemline Flavours by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hemline Flavours Private Limited
Hemline Flavours Private Limited is audited by SSPA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SSPA & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Hemline Flavours Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Hemline Flavours Private Limited
Open charges
None
Satisfied charges
₹14 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 1999 | The Syndicate Bank Bank Limited | ₹2 Lakh | Satisfied |
| 16 Jan 1985 | The Syndicate Bank Ltd. | ₹4 Lakh | Satisfied |
| 28 Jun 1974 | Central Bank of India | ₹4 Lakh | Satisfied |
| 22 Mar 1966 | The Syndicate Bank Bank Limited | ₹4 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Hemline Flavours Private Limited
Hemline Flavours Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2007.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Bisleri International Private Limited , an individual Seller: Bisleri SA Marselle, Gorio Limited, 2 individuals |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Hemline Flavours Private Limited
Hemline Flavours Private Limited has 4 court cases on record: 4 filed by Hemline Flavours. All cases are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Appeal | Filed by the company against Life Insurance Corpn of India | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (DELAY CONDONATION APPL) | Filed by the company against Life Insurance Corporation of Indian | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (STAY APPLICATION) | Filed by the company against Life Insurance Corporation of India | Disposed |
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Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Hemline Flavours Private Limited
Employment history and EPFO contributions of people linked to Hemline Flavours.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Hemline Flavours Private Limited
Hemline Flavours Private Limited has 7 board changes on record since 1970: 2 appointments and 5 cessations. The latest: Parag Jitendra Bengali ceased to be Additional Director on 24 Sep 2023.
AGM
Hemline Flavours Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Filing
Hemline Flavours Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Parag Jitendra Bengali ceased to be Additional Director.
Appointed
Parag Jitendra Bengali was appointed as Director.
Ceased
Shurid Ravindra Mody ceased to be Director.
Ceased
Darius Erach Kapadia ceased to be Director.
Ceased
Dipak Karsandas Reshamwala ceased to be Additional Director.
Ceased
Mohan Mahabir Shah ceased to be Director.
Charges
A charge registered on 29 Jun 1999 via Charge ID 90213379 with The Syndicate Bank Bank Limited was fully satisfied on 10 Feb 2004.
Charges
A charge registered on 16 Jan 1985 via Charge ID 90211410 with The Syndicate Bank Ltd. was fully satisfied on 10 Feb 2004.
Charges
A charge registered on 28 Jun 1974 via Charge ID 90211212 with Central Bank Of India was fully satisfied on 10 Feb 2004.
Charges
A charge registered on 22 Mar 1966 via Charge ID 90211174 with The Syndicate Bank Bank Limited was fully satisfied on 10 Feb 2004.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hemline Flavours Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Hemline Flavours Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Hemline Flavours Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Hemline Flavours Private Limited
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GST registrations and filing compliance
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MCA Filings & Documents of Hemline Flavours Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Hemline Flavours Private Limited
Hemline Flavours is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 01 May 1936 (90+ years old) and is registered under CIN U24110MH1936PTC002484.
Hemline Flavours reported revenue of ₹1.79 Lakh for FY 2025 (down 50% YoY).
Hemline Flavours has 2 current directors:
- Ramesh Jayantilal Chauhan - Director
- Parag Jitendra Bengali - Director
Hemline Flavours reported a net loss of ₹57,000 (net margin -31.8%) and EBITDA of -₹38,000 (EBITDA margin -21.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hemline Flavours is -10% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hemline Flavours is U24110MH1936PTC002484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hemline Flavours has 4 court cases on record: 4 filed by the company.
Hemline Flavours was incorporated on 01 May 1936, making it 90+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemline Flavours has 1 deal on record (1 secondary share transfer); the latest was in September 2007.
The peers of Hemline Flavours by revenue are KLL Healthcare Private Limited, Laila Formulations Private Limited, Divye Life Sciences Private Limited, Cyklo Pharma Chem Pvt Ltd, Ken Biotec Private Limited and 5 more, all in the Pharma industry (Formulations).
Parag Jitendra Bengali ceased to be Additional Director on 24 Sep 2023. Parag Jitendra Bengali was appointed as Director on 24 Nov 2022. Shurid Ravindra Mody ceased to be Director on 12 Apr 2016. Hemline Flavours has 7 board changes on record in total.