About Hritik Chemicals Private Limited
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Hritik Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 03 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC199606. Its GSTIN is 27AACCH3398B1ZO (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.09 Lakh. It is led by directors Nandini Mehul Parekh and Mehul Pravinchandra Parekh.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.68 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹8.41 Lakh (net margin 0.1%) and EBITDA of ₹2.58 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 23% over five years.
The company is associated with 1 brand: Hritik Chemical. As per MCA filings, the company has open charges of ₹22.29 Cr and satisfied charges of ₹17.27 Cr on record. Court records list 20 cases involving the company, including 15 filed by the company and 5 filed against it; 10 cases are 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 hritikchemical.com.
Company details
Contact details
Hritik Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is hritikchemical.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1301/1302 13th Flr B Wing Dhanashree Heights Bldg No.42 Sangam Chsl Azad Nagar Andheri(W, ), Mumbai, Maharashtra, India – 400053
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Hritik Chemicals Private 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
Hritik Chemicals operates one associated brand: Hritik Chemical. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in contract manufacturing and exporting of APIs, intermediates, and other chemicals. | hritikchemical.com |
Business activity
The main business activity of Hritik Chemicals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hritik Chemicals Private Limited, buy the company report.
Financials of Hritik Chemicals Private Limited
FY 2024 filings availableHritik Chemicals Private Limited reported revenue of ₹97.68 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 18% growth in the latest year. EBITDA rose 5% 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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| EBITDA | ₹2.58 Cr | ||||
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| Net Profit (PAT) | ₹8.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Hritik Chemicals Private Limited, buy the company report.
Board of directors of Hritik Chemicals Private Limited
Hritik Chemicals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Mehul Parekh Also directs: Chemnetix Ventures LLP | Director | 19 Oct 2012 | 14 Years 0 Months | Current |
| Mehul Pravinchandra Parekh | Director | 03 Feb 2010 | 16 Years 9 Months | Current |
Auditor
Hritik Chemicals Private Limited is audited by BHUTA SHAH & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUTA SHAH & CO LLP | FY 2023 | 101474W / W100100 |
Shareholding
The shareholding of Hritik Chemicals 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 Hritik Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2022 | 100596037 | Axis Bank Limited | ₹20.29 Cr | Open | |
| 11 Jul 2022 | 100596091 | Axis Bank Limited | ₹2 Cr | Open | |
| 01 Feb 2021 | 100419614 | Others | ₹1.27 Cr | Satisfied | |
| 31 Dec 2019 | 100315266 | Others | ₹7.5 Cr | Satisfied | |
| 23 Feb 2017 | 100081659 | Others | ₹4.99 Cr | Satisfied |
To see the full charge records of Hritik Chemicals Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Hritik Chemicals Private Limited has 20 court cases on record: 15 filed by Hritik Chemicals, 5 filed against it. 10 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 8 |
| NCLAT | 2 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Court case (Restoration App) | Filed by the company against Jayant Specialities Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Household Remedies Private Limited and 2 others | Pending |
| Bombay High Court | Court case (COMSS) | Filed by the company against Yagmag Labs Pvt. Ltd. and 2 Ors | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Jayant Specialities Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against M/Syagmag Labs Pvt.Ltd. | Disposed |
To see the full case history of Hritik Chemicals 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
No delayed payments to MSME suppliers are on our record for Hritik Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hritik Chemicals has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH3398B1ZO | Maharashtra | Active | 01 Jul 2017 |
| 27AACCH3398B2ZN | Maharashtra | Active | 31 Mar 2025 |
| 36AACCH3398B1ZP | Telangana | Active | 31 Mar 2023 |
To see the full GST registrations and return filing status of Hritik Chemicals Private Limited, buy the company report.
Recent activity
Hritik Chemicals Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Hritik Mehul Parekh ceased to be Director on 13 Dec 2019.
10 earlier events are in the company report.
Frequently asked questions
Hritik Chemicals 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 03 February 2010 (16+ years old) and is registered under CIN U51909MH2010PTC199606.
Hritik Chemicals has 2 current directors:
- Nandini Mehul Parekh - Director
- Mehul Pravinchandra Parekh - Director
The latest financial statements of Hritik Chemicals 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 Hritik Chemicals is 27AACCH3398B1ZO, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCH3398B2ZN (Maharashtra), 36AACCH3398B1ZP (Telangana).
The CIN (Corporate Identification Number) of Hritik Chemicals is U51909MH2010PTC199606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hritik Chemicals has 20 court cases on record: 15 filed by the company and 5 filed against it. 10 are pending. Most are in the district courts.
Hritik Chemicals was incorporated on 03 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Hritik Mehul Parekh ceased to be Director on 13 Dec 2019. Malay Pravinbhai Parekh ceased to be Director on 20 Oct 2012. Nandini Mehul Parekh was appointed as Director on 19 Oct 2012. Hritik Chemicals has 4 board changes on record in total.
Hritik Chemicals can be reached through the website hritikchemical.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hritik Chemicals is at 13011302 13th Flr B Wing Dhanashree Heights Bldg No.42 Sangam Chsl Azad Nagar AndheriW, , Mumbai, Maharashtra, India – 400053.
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