Hue Chem Textiles Private Limited

Hue Chem Textiles Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17120MH1973PTC016802 Incorporated 04 September 1973 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company fashion and textile MSME · Small
Data last updated
Revenue · FY 2025
₹12.12 Cr
▼ 34% YoY
Net loss · FY 2025
₹36.69 Cr
Net margin -302.7%
EBITDA · FY 2025
-₹35.84 Cr
EBITDA margin -295.7%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.22 Cr
Issued & subscribed
Satisfied charges
₹50.76 Cr
No open charges
Company age
53 yrs
Est. 1973
Employees · EPFO
91
Provident fund records

About Hue Chem Textiles Private Limited

Data last updated:

Hue Chem Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Indus Way Emerging Market Fund Series Alpha Returns. It operates in the sportswear and activewear segment of the fashion and textiles sector. It was incorporated on 04 September 1973 and has been in existence for over 53 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1973PTC016802. Its GSTIN is 27AAACH1246A2Z8 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.22 Cr. It is led by directors Vipan Ramgopal Mehra and Vineet Vipan Mehra.

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 K Chambers 3rd Fl Sirpurushottam Das Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹12.12 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹36.69 Cr (net margin -302.7%) and EBITDA of -₹35.84 Cr (EBITDA margin -295.7%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 28% over five years.

The company has about 91 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Chromozome. As per MCA filings, the company has satisfied charges of ₹50.76 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 5 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹23.75 Cr; the latest was in April 2022. Its 7 peer companies in the Apparel industry (Inner Wear, Sportswear, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 5 smaller; the largest is Nipso Polyfabrics Ltd with revenue of ₹12.14 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 203 overdue payments to 14 micro and small suppliers.

Hue Chem Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0047363). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website huechem.net.

Company details

CIN U17120MH1973PTC016802
Registration Number 016802
Incorporation Date 04 September 1973
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Indus Way Emerging Market Fund Series Alpha Returns
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0047363
Key People
Vipan Ramgopal Mehra Director Vineet Vipan Mehra Director

Recognitions & Rankings of Hue Chem Textiles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0047363

Contact details

Hue Chem Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its website is huechem.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    huechem.net
  • Social Media
  • Registered Address
    K Chambers 3rd Fl Sirpurushottam Das Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Fashion and Textile, Sportswear & Activewear, Innerwear

To see the full contact details of Hue Chem Textiles Private Limited, buy the company report.

Comprehensive company report
Hue Chem Textiles 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Hue Chem Textiles operates one associated brand: Chromozome. Each brand links to its own profile.

BrandDescriptionWebsite
Chromozome
High-quality men's fitness clothing is sold via an online platform.cmzworld.com

Business activity

The main business activity of Hue Chem Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Hue Chem Textiles Private Limited, buy the company report.

Financials of Hue Chem Textiles Private Limited

FY 2025 filings available

Hue Chem Textiles Private Limited reported revenue of ₹12.12 Cr (down 34% YoY) for FY 2025.

Revenue · FY 2025
₹12.12 Cr ▼ 34%
Net loss · FY 2025
₹36.69 Cr margin -302.7%
EBITDA · FY 2025
-₹35.84 Cr margin -295.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 20%
5 years · compounded
▼ 28%
EBITDA CAGR growth
3 years · compounded
▼ 132%
5 years · compounded
▼ 75%

Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 34% fall 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹35.84 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹36.69 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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-295.7%
Net Profit Margin-302.7%
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 Hue Chem Textiles Private Limited, buy the company report.

Board of directors of Hue Chem Textiles Private Limited

Hue Chem Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vipan Ramgopal Mehra
Also directs: Fig Leaf Marketing Private Limited
Director11 Sep 198244 Years 1 MonthsCurrent
Vineet Vipan MehraDirector08 Dec 199827 Years 10 MonthsCurrent
View all directors

Peer comparison

Hue Chem Textiles Private Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Inner Wear, Sportswear, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nipso Polyfabrics Ltd₹12.14 Cr (FY 2025)-16.0%Himachal Pardesh, Himachal Pradesh, India
Aamir Zariwala Private Limited₹12.14 Cr (FY 2025)-14.0%Mumbai, Maharashtra, India
Hue Chem Textiles Private Limitedthis company₹12.12 Cr (FY 2025)-₹36.69 Cr-302.7%-34.0%91Mumbai, Maharashtra, India
Devashish Textile Mills Private Limited₹12.12 Cr (FY 2025)72.0%Mumbai, Maharashtra, India
Om Woollens Private Limited₹12.11 Cr (FY 2023)87.0%Punjab, India
New Wave Merchandise Private Limited₹12.11 Cr (FY 2025)26.0%Kolkata, West Bengal, India
Key Vee Monotex Private Limited₹12.11 Cr (FY 2025)41.0%Bangalore, Karnataka, India
Shreyans Yarn Processors Private Limited₹12.11 Cr (FY 2024)12.0%Sachin, Gujarat, India

To see the full peer comparison of Hue Chem Textiles Private Limited, buy the company report.

Auditor

Hue Chem Textiles Private Limited is audited by ARVP & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ARVP & Co.FY 2023101482W

Shareholding

The shareholding of Hue Chem Textiles 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hue Chem Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹50.76 Cr
Breakdown by lending institutions
Others₹30.43 Cr
Hdfc Bank Limited₹14.00 Cr
Union Bank of India₹6.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Apr 2017100098528Others₹71.4 LakhSatisfied
23 Nov 201510611968Others₹23.21 CrSatisfied
06 Feb 201510566869Others₹3.25 CrSatisfied
26 Nov 201410541197Others₹3.25 CrSatisfied
10 Sep 201210380428Hdfc Bank Limited₹14 CrSatisfied

To see the full charge records of Hue Chem Textiles Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Hue Chem Textiles Private Limited has 5 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹23.75 Cr; the latest was in April 2022.

Total deals
5
Secondary share transfers
3
Convertible or debt financing
1
Funding round
1
Disclosed funding
₹23.75 Cr

Deals on record (3 of 5)

WhenDealAmountParties
Aug 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Jun 2017Secondary share transferUndisclosedBuyer: an individual
Seller: R.G. Mehra (Huf), an individual
Mar 2015Secondary share transferUndisclosedBuyer: an individual
Seller: R.G. Mehra (Huf), 3 individuals

To see the full deal history of Hue Chem Textiles Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Hue Chem Textiles Private Limited was last rated by Care on 28 Jan 2021.

Rating agencyRated onRating
Care28 Jan 2021

To see the full credit ratings and regulatory alerts of Hue Chem Textiles Private Limited, buy the company report.

MSME payment delays

Hue Chem Textiles Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 203 overdue payments to 14 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 14)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Hue Chem Textiles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hue Chem Textiles Private Limited has a workforce of 91 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.

Employee count
91
Active EPFO establishments
2
Employee growth
24.66%

GST

Hue Chem Textiles has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACH1246A2Z8MaharashtraActive12 Jul 2017
33AAACH1246A1ZGTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Hue Chem Textiles Private Limited, buy the company report.

Recent activity

Hue Chem Textiles Private Limited has 3 board changes on record since 1982: 2 appointments and 1 cessation. The latest: Ramgopal Balmukand Mehra ceased to be Director on 14 May 2015.

AGM
Hue Chem Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hue Chem Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 06 Feb 2015 via Charge ID 10566869 with Others was fully satisfied on 13 Jan 2025.
Charges
A charge registered on 26 Nov 2014 via Charge ID 10541197 with Others was fully satisfied on 13 Jan 2025.
Charges
A charge with Others of Rs. 3.25 Cr registered on 06 Feb 2015 with Charge ID 10566869 was modified on 25 Jul 2024.
Charges
A charge with Others of Rs. 3.25 Cr registered on 26 Nov 2014 with Charge ID 10541197 was modified on 25 Jul 2024.
Charges
A charge registered on 21 Apr 2017 via Charge ID 100098528 with Others was fully satisfied on 24 Jul 2024.
Charges
A charge registered on 23 Nov 2015 via Charge ID 10611968 with Others was fully satisfied on 24 Jul 2024.
Charges
A charge with Others amounted to Rs. 0.71 Cr with Charge ID 100098528 was registered on 21 Apr 2017.
Charges
A charge with Others of Rs. 23.21 Cr registered on 23 Nov 2015 with Charge ID 10611968 was modified on 21 Apr 2017.
Charges
A charge with Others amounted to Rs. 23.21 Cr with Charge ID 10611968 was registered on 23 Nov 2015.
Ceased
Ramgopal Balmukand Mehra ceased to be Director.

25 earlier events are in the company report.

News

Frequently asked questions

Hue Chem Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in sportswear and activewear, within the fashion and textile industry. It was incorporated on 04 September 1973 (53+ years old) and is registered under CIN U17120MH1973PTC016802.

Hue Chem Textiles has 2 current directors:

The latest financial statements of Hue Chem Textiles 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 Hue Chem Textiles is 27AAACH1246A2Z8, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACH1246A1ZG (Tamil Nadu).

The CIN (Corporate Identification Number) of Hue Chem Textiles is U17120MH1973PTC016802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hue Chem Textiles has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.

Hue Chem Textiles was incorporated on 04 September 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.

Hue Chem Textiles has 5 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹23.75 Cr; the latest was in April 2022.

The peers of Hue Chem Textiles by revenue are Nipso Polyfabrics Ltd, Aamir Zariwala Private Limited, Devashish Textile Mills Private Limited, Om Woollens Private Limited, New Wave Merchandise Private Limited and 2 more, all in the Apparel industry (Inner Wear, Sportswear, Textiles), with the same principal business activity (textile, leather and other apparel products).

Ramgopal Balmukand Mehra ceased to be Director on 14 May 2015. Vineet Vipan Mehra was appointed as Director on 08 Dec 1998. Vipan Ramgopal Mehra was appointed as Director on 11 Sep 1982.

Yes, Hue Chem Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0047363).

Hue Chem Textiles has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 203 overdue payments to 14 micro and small suppliers. The latest return was filed on 24 Oct 2019.