About Huntsman Solutions India Private Limited
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Huntsman Solutions India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Huntsman Investment Netherlands Bv. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 24 March 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2022PTC379027. Its GSTIN is 27AAGCH2234L1ZI (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹323.79 Cr and a paid-up capital of ₹323.79 Cr. It was formerly known as Hi Solutions India Private Limited. It is led by directors including Siddharth Sahu (Managing Director) and Rayomand Parvez Sabawalla (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 2501 25th Floor Rupa Renaissance, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,296.07 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹59.75 Cr (net margin 4.6%) and EBITDA of ₹97.96 Cr (EBITDA margin 7.6%).
The company has about 148 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Huntsman. Court records list 5 cases involving the company, including 5 filed by the company; 5 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹323.79 Cr; the latest was in September 2022. Its 4 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (manufacture of chemicals and chemical products) are compared by revenue, 2 larger and 2 smaller; the largest is Krishana Phoschem Limited with revenue of ₹1,368.17 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 1,009 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website huntsman.com.
Company details
Contact details
Huntsman Solutions India Private Limited's registered office is in Thane, Maharashtra. Its website is huntsman.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 2501 25th Floor Rupa Renaissance, Plot No. D33 Juinagar MIDC Road Ttc Industrial Area Navi Mumbai Maharashtra, Thane, Maharashtra, India – 400705
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Huntsman Solutions India 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
Huntsman Solutions India operates one associated brand: Huntsman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified chemicals are manufactured and marketed for global industries. | huntsman.com |
Business activity
The main business activity of Huntsman Solutions India is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Huntsman Solutions India Private Limited, buy the company report.
Financials of Huntsman Solutions India Private Limited
FY 2025 filings availableHuntsman Solutions India Private Limited reported revenue of ₹1,296.07 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year. EBITDA rose 4% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1,296.07 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹97.96 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹59.75 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.6% | |||
| Net Profit Margin | 4.6% | |||
| 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 Huntsman Solutions India Private Limited, buy the company report.
Board of directors of Huntsman Solutions India Private Limited
Huntsman Solutions India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rayomand Parvez Sabawalla Also directs: Asha Dwell 92773 28 LLP | Whole-Time Director | 24 Mar 2022 | 4 Years 7 Months | Current |
| Rajib Kumar | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Siddharth Sahu | Managing Director | 10 Mar 2025 | 1 Years 8 Months | Current |
Peer comparison
Huntsman Solutions India Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (manufacture of chemicals and chemical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishana Phoschem Limited | ₹1,368.17 Cr (FY 2025) | 48.0% | Bhilwara, Rajasthan, India | |||
| Nalco Water India Private Limited | ₹1,325.83 Cr (FY 2025) | 25.0% | Pune, Maharashtra, India | |||
| Huntsman Solutions India Private Limitedthis company | ₹1,296.07 Cr (FY 2025) | ₹59.75 Cr | 4.6% | 24.0% | 148 | Thane, Maharashtra, India |
| The Andhra Sugars Limited | ₹1,184.71 Cr (FY 2024) | -51.0% | Tanuku (Mdl), Andhra Pradesh, India | |||
| Advanced Performance Materials Private Limited | ₹1,064.77 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Huntsman Solutions India Private Limited, buy the company report.
Auditor
Huntsman Solutions India Private Limited is audited by M S K A & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2025 | 105047 |
Shareholding
The shareholding of Huntsman Solutions India Private Limited is on record for 3 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Huntsman Solutions India Private Limited, buy the company report.
Deals & funding
Huntsman Solutions India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹323.79 Cr; the latest was in September 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹323.79 Cr | Investors: Huntsman Investments (Netherlands) BV, Vantico International Sarl, Huntsman (Netherlands) BV |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Huntsman Solutions India Private Limited has 5 court cases on record: 5 filed by Huntsman Solutions India. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 5 |
Cases on record (1 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Ark Polychem Private Ltd and 1 other | Pending |
To see the full case history of Huntsman Solutions India 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
Huntsman Solutions India Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 1,009 overdue payments to 12 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 12)
To see the full MSME payment records of Huntsman Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Huntsman Solutions India Private Limited has a workforce of 148 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 148 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Huntsman Solutions India Private Limited, buy the company report.
GST
Huntsman Solutions India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCH2234L1ZI | Maharashtra | Active | 01 Aug 2022 |
| 27AAGCH2234L2ZH | Maharashtra | Active | 02 Feb 2023 |
| 30AAGCH2234L1ZV | Goa | Active | 05 Aug 2022 |
| 32AAGCH2234L1ZR | Kerala | Active | 05 Aug 2022 |
To see the full GST registrations and return filing status of Huntsman Solutions India Private Limited, buy the company report.
Recent activity
Huntsman Solutions India Private Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Siddharth Sahu was appointed as Managing Director on 10 Mar 2025.
News
Frequently asked questions
Huntsman Solutions India is an active private limited company based in Thane, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 24 March 2022 (4+ years old) and is registered under CIN U24290MH2022PTC379027.
Huntsman Solutions India has 3 current directors:
- Siddharth Sahu - Managing Director
- Rayomand Parvez Sabawalla - Whole-Time Director
- Rajib Kumar - Director
The latest financial statements of Huntsman Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Huntsman Solutions India is 27AAGCH2234L1ZI, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAGCH2234L2ZH (Maharashtra), 30AAGCH2234L1ZV (Goa), 32AAGCH2234L1ZR (Kerala).
The CIN (Corporate Identification Number) of Huntsman Solutions India is U24290MH2022PTC379027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Huntsman Solutions India has 5 court cases on record: 5 filed by the company. 5 are pending.
Huntsman Solutions India was incorporated on 24 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Huntsman Solutions India has 1 deal on record (1 funding round), with disclosed funding of ₹323.79 Cr; the latest was in September 2022.
The peers of Huntsman Solutions India by revenue are Krishana Phoschem Limited, Nalco Water India Private Limited, The Andhra Sugars Limited, Advanced Performance Materials Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (manufacture of chemicals and chemical products).
Siddharth Sahu was appointed as Managing Director on 10 Mar 2025. Siddharth Sahu ceased to be Additional Director on 10 Mar 2025. Rajib Kumar ceased to be Additional Director on 05 Jan 2023. Huntsman Solutions India has 7 board changes on record in total.
Huntsman Solutions India has 7 MSME Form 1 returns on record between 2022 and 2024, listing 1,009 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Huntsman Solutions India can be reached through the website huntsman.com. Its registered office is in Thane, Maharashtra, India.
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