MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0008053
Hetban Spechem Limited - agriculture in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹99.46 Lakh
▲ 90% YoY
Net loss · FY 2025
₹1.02 Cr
Net margin -102.5%
EBITDA · FY 2025
₹49.57 Lakh
EBITDA margin 49.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹17.54 Lakh
Issued & subscribed
Open charges
₹4.52 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
19
Provident fund records
About Hetban Spechem Limited
Data last updated:
Hetban Spechem Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 13 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24120GJ2014PLC079146. Its GSTIN is 24AADCH3814K1ZP (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹17.54 Lakh. It is led by directors including Ashvinkumar Ravji Lunagaria and Rajan Ashvinbhai Lunagariya.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.46 Lakh, a growth of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -102.5%) and EBITDA of ₹49.57 Lakh (EBITDA margin 49.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 75% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Crop Life Science. As per MCA filings, the company has open charges of ₹4.52 Cr on record.
Hetban Spechem Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0008053). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website croplifescience.com.
Company details
CIN U24120GJ2014PLC079146
Registration Number 079146
Incorporation Date 13 March 2014
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-01-0008053
Key People
Ashvinkumar Ravji Lunagaria Director Rajan Ashvinbhai Lunagariya Director Brajesh Lakhan Lal Kaithwas Director Recognitions & Rankings of Hetban Spechem
Contact details
Hetban Spechem Limited's registered office is in Vadodara, Gujarat. Its website is croplifescience.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6th Floor Abs Tower Near Chakli Circle, O.P. Road, Vadodara, Gujarat, India – 390007
- IndustryAgriculture, Crop Protection
To see the full contact details of Hetban Spechem Limited, buy the company report.
Comprehensive company report
Hetban Spechem 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
Hetban Spechem operates one associated brand: Crop Life Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insecticides, fungicides, herbicides, and plant health products are manufactured. | croplifescience.com |
Business activity
The main business activity of Hetban Spechem 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 |
Financials of Hetban Spechem Limited
FY 2025 filings availableHetban Spechem Limited reported revenue of ₹99.46 Lakh (up 90% YoY) for FY 2025.
Revenue · FY 2025
₹99.46 Lakh ▲ 90%
Net loss · FY 2025
₹1.02 Cr margin -102.5%
EBITDA · FY 2025
₹49.57 Lakh margin 49.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 90%
3 years · compounded
▼ 16%
5 years · compounded
▲ 75%
EBITDA CAGR growth
3 years · compounded
▼ 2%
5 years · compounded
▲ 121%
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 90% growth 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 | ₹49.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.02 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.8% | ||||
| Net Profit Margin | -102.5% | ||||
| 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 Hetban Spechem Limited, buy the company report.
Board of directors of Hetban Spechem Limited
Hetban Spechem has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashvinkumar Ravji Lunagaria | Director | 15 Jul 2014 | 12 Years 3 Months | Current |
| Rajan Ashvinbhai Lunagariya Also directs: Greatridge Enterprise Private Limited | Director | 27 Nov 2024 | 1 Years 11 Months | Current |
| Brajesh Lakhan Lal Kaithwas | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
| Bansil Rajeshkumar Lunagariya Also directs: CLSL Pack Science Private Limited | Director | 27 Nov 2024 | 1 Years 11 Months | Current |
| Rajeshkumar Vrajlal Lunagariya Also directs: Crop Life Science Limited, CLSL Solutions Private Limited | Director | 13 Mar 2014 | 12 Years 7 Months | Current |
| Mansukh Amarshibhai Fultariya | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Hetban Spechem Limited is audited by N M V AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N M V AND ASSOCIATES | FY 2023 | 131307W |
Shareholding
The shareholding of Hetban Spechem 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 Hetban Spechem Limited, buy the company report.
Charges & borrowings
Open charges
₹4.52 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2024 | 100951328 | Hdfc Bank Limited | ₹19.76 Lakh | Open | |
| 23 Aug 2019 | 100288576 | Hdfc Bank Limited | ₹4.32 Cr | Open |
To see the full charge records of Hetban Spechem Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hetban Spechem Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Hetban Spechem Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 157 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Verni Gases | |||
| Raj Enterprise | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Hetban Spechem Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hetban Spechem Limited has a workforce of 19 employees on its EPFO records as of Jun 2023, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-26.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 19 |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Hetban Spechem Limited, buy the company report.
GST
Hetban Spechem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCH3814K1ZP | Gujarat | Active | 16 Feb 2018 |
To see the full GST registrations and return filing status of Hetban Spechem Limited, buy the company report.
Recent activity
Hetban Spechem Limited has 14 board changes on record since 2014: 6 appointments and 8 cessations. The latest: Bansil Rajeshkumar Lunagariya ceased to be Additional Director on 29 Sep 2025.
AGM
Hetban Spechem Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Bansil Rajeshkumar Lunagariya ceased to be Additional Director.
Ceased
Mansukh Amarshibhai Fultariya ceased to be Additional Director.
Ceased
Rajan Ashvinbhai Lunagariya ceased to be Additional Director.
Filing
Hetban Spechem Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Mansukh Amarshibhai Fultariya was appointed as Director.
Appointed
Bansil Rajeshkumar Lunagariya was appointed as Director.
Appointed
Rajan Ashvinbhai Lunagariya was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100951328 was registered on 11 Jul 2024.
Ceased
Brajesh Lakhan Lal Kaithwas ceased to be Additional Director.
Appointed
Brajesh Lakhan Lal Kaithwas was appointed as Director.
Ceased
Rajendra Prajapat ceased to be Additional Director.
8 earlier events are in the company report.
Frequently asked questions
Hetban Spechem is an active public limited company based in Vadodara, Gujarat, India. The company works in crop protection, within the agriculture industry. It was incorporated on 13 March 2014 (12+ years old) and is registered under CIN U24120GJ2014PLC079146.
Hetban Spechem has 6 current directors:
- Ashvinkumar Ravji Lunagaria - Director
- Rajan Ashvinbhai Lunagariya - Director
- Brajesh Lakhan Lal Kaithwas - Director
- Bansil Rajeshkumar Lunagariya - Director
- Rajeshkumar Vrajlal Lunagariya - Director
- Mansukh Amarshibhai Fultariya - Director
The latest financial statements of Hetban Spechem 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 Hetban Spechem is 24AADCH3814K1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Hetban Spechem is U24120GJ2014PLC079146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hetban Spechem was incorporated on 13 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bansil Rajeshkumar Lunagariya ceased to be Additional Director on 29 Sep 2025. Mansukh Amarshibhai Fultariya ceased to be Additional Director on 29 Sep 2025. Rajan Ashvinbhai Lunagariya ceased to be Additional Director on 29 Sep 2025. Hetban Spechem has 14 board changes on record in total.
Yes, Hetban Spechem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0008053).
Hetban Spechem has 7 MSME Form 1 returns on record between 2019 and 2022, listing 157 overdue payments to 25 micro and small suppliers. The latest return was filed on 29 Oct 2022.
Hetban Spechem can be reached through the website croplifescience.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Hetban Spechem is at 6th Floor Abs Tower Near Chakli Circle, O.P. Road, Vadodara, Gujarat, India – 390007.
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