About Hindusthan Miswaco Limited
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Hindusthan Miswaco Limited is a public limited company based in New Delhi, Delhi, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 11 June 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24231DL1985PLC426634. Its GSTIN is 24AAACH5320B1ZE (Gujarat). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹20.17 Lakh. It was formerly known as Hindusthan Magcobar Chemicals Ltd. It is led by directors including Henry Lee Conn Jr and Raghavendra Anant Mody.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Kanchenjunga Building, 18 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.21 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹4.09 Cr (net margin 4.2%) and EBITDA of ₹15.06 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 9% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hindusthan M-I Swaco Limited. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹1.35 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hindusthan.co.in.
Company details
CIN history
Hindusthan Miswaco has one previous CIN (Corporate Identification Number): U24231GJ1985PLC007891. The current CIN is U24231DL1985PLC426634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231DL1985PLC426634 | Current |
| U24231GJ1985PLC007891 | Previous |
Contact details
Hindusthan Miswaco Limited's registered office is in New Delhi, Delhi. Its website is hindusthan.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor Kanchenjunga Building, 18 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Hindusthan Miswaco Limited, buy the company report.
- 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
Brands
Hindusthan Miswaco operates one associated brand: Hindusthan M-I Swaco Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of oil-field and specialty chemicals is conducted by Hindusthan M-I Swaco Limited in India. | hmisl.com |
Business activity
The main business activity of Hindusthan Miswaco 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 Hindusthan Miswaco Limited, buy the company report.
Financials of Hindusthan Miswaco Limited
FY 2025 filings availableHindusthan Miswaco Limited reported revenue of ₹97.21 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 34% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹15.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.09 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hindusthan Miswaco Limited, buy the company report.
Board of directors of Hindusthan Miswaco Limited
Hindusthan Miswaco has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Henry Lee Conn Jr | Director | 18 Nov 2016 | 9 Years 11 Months | Current |
| Raghavendra Anant Mody | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Deepika Agrawal Also directs: Pradyumna Steels Limited, Hindusthan Business Corporation Ltd., Hindusthan Insulators & Industries Limited and 2 more | Director | 05 Dec 2025 | 0 Years 11 Months | Current |
| Mool Chand Gauba Also directs: Pradyumna Steels Limited, Promain Limited, Hindusthan Business Corporation Ltd. and 4 more | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Hindusthan Miswaco Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Specialty 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ketul Chem Private Limited | ₹98.92 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| S.Amit Speciality Chemicals Private Limited | ₹98.62 Cr (FY 2024) | 25.0% | Mumbai, Maharashtra, India | |||
| Pharma Chem Industries (Gujarat) Private Limited | ₹97.24 Cr (FY 2025) | 20.0% | Vapi, Gujarat, India | |||
| Hindusthan Miswaco Limitedthis company | ₹97.21 Cr (FY 2025) | ₹4.09 Cr | 4.2% | -15.0% | 67 | New Delhi, Delhi, India |
| Amal Speciality Chemicals Limited | ₹96.17 Cr (FY 2025) | 66.0% | Atul, Gujarat, India | |||
| H J Arochem Private Limited | ₹95.87 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Vasudha Specialities Private Limited | ₹95.72 Cr (FY 2024) | 5.0% | Panvel, Maharashtra, India | |||
| Ascent Finechem Private Limited | ₹95.45 Cr (FY 2024) | -2.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Hindusthan Miswaco Limited, buy the company report.
Auditor
Hindusthan Miswaco Limited is audited by K.N. Gutgutia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.N. Gutgutia & Co. | FY 2023 | 304153E |
Shareholding
The shareholding of Hindusthan Miswaco 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 Hindusthan Miswaco Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2024 | 101004614 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 10 Mar 1987 | 90385340 | Bank of India | ₹1.35 Cr | Satisfied |
To see the full charge records of Hindusthan Miswaco Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hindusthan Miswaco Limited has 6 court cases on record: 5 filed by Hindusthan Miswaco, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Pending |
| District court, Bharuch, Gujarat | Court case (AGRMNT LC) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against PR Commissioner of Income Tax, Vadodara - 3 | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Mukundbhai Chaturbhai Patel C/O Group Sangharsh General | Disposed |
| High Court | Court case (APO) | Filed by the company against an individual | Disposed |
To see the full case history of Hindusthan Miswaco 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
Hindusthan Miswaco Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 1,591 overdue payments to 85 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 85)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Muellerunifab Packaging LLP | |||
| Melzer Chemicals Private Limited | |||
| Pyramid Technoplast Limited | |||
| Shree Timber |
To see the full MSME payment records of Hindusthan Miswaco Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hindusthan Miswaco Limited has a workforce of 67 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Hindusthan Miswaco has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH5320B1ZE | Gujarat | Active | 01 Jul 2017 |
| 27AAACH5320B1Z8 | Maharashtra | Active | 07 Jul 2017 |
| 24AAACH5320B8Z7 | Gujarat | Active | 13 Jul 2017 |
| 37AAACH5320B1Z7 | Andhra Pradesh | Active | 30 Dec 2017 |
To see the full GST registrations and return filing status of Hindusthan Miswaco Limited, buy the company report.
Recent activity
Hindusthan Miswaco Limited has 44 board changes on record since 1986: 24 appointments and 20 cessations. The latest: Deepika Agrawal was appointed as Director on 05 Dec 2025.
39 earlier events are in the company report.
Frequently asked questions
Hindusthan Miswaco is an active public limited company based in New Delhi, Delhi, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 11 June 1985 (41+ years old) and is registered under CIN U24231DL1985PLC426634.
Hindusthan Miswaco has 4 current directors:
- Henry Lee Conn Jr - Director
- Raghavendra Anant Mody - Director
- Deepika Agrawal - Director
- Mool Chand Gauba - Director
The latest financial statements of Hindusthan Miswaco on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hindusthan Miswaco is 24AAACH5320B1ZE, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACH5320B1Z8 (Maharashtra), 24AAACH5320B8Z7 (Gujarat), 37AAACH5320B1Z7 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Hindusthan Miswaco is U24231DL1985PLC426634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindusthan Miswaco has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Hindusthan Miswaco was incorporated on 11 June 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hindusthan Miswaco by revenue are Ketul Chem Private Limited, S.Amit Speciality Chemicals Private Limited, Pharma Chem Industries (Gujarat) Private Limited, Amal Speciality Chemicals Limited, H J Arochem Private Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Deepika Agrawal was appointed as Director on 05 Dec 2025. Neha Gheeya ceased to be Director on 05 Dec 2025. Sanchita Mody ceased to be Director on 05 Dec 2025. Hindusthan Miswaco has 44 board changes on record in total.
Hindusthan Miswaco has 11 MSME Form 1 returns on record between 2019 and 2024, listing 1,591 overdue payments to 85 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Hindusthan Miswaco can be reached through the website hindusthan.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Hindusthan Miswaco is at 7th Floor Kanchenjunga Building, 18 Barakhamba Road, New Delhi, Delhi, India – 110001.
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