MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0016297
Ishanee Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.59 Cr
▼ 6% YoY
Net profit · FY 2025
₹1.31 Cr
Net margin 50.7%
EBITDA · FY 2025
₹1.69 Cr
EBITDA margin 65.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings
Active GSTINs
2
GST registered
About Ishanee Chemicals Private Limited
Data last updated:
Ishanee Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 15 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2004PTC145700. Its GSTIN is 27AABCI2377J1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ishwari Chaitanya Joshi and Vanashree Chaitanya Joshi.
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 5 – B 5th Floor Himgiri Apts1277 Hatiskar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.59 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 50.7%) and EBITDA of ₹1.69 Cr (EBITDA margin 65.2%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 1% over five years.
The company is associated with 1 brand: Fanales.
Ishanee Chemicals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0016297). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fanales.in.
Company details
CIN U24100MH2004PTC145700
Registration Number 145700
Incorporation Date 15 April 2004
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-19-0016297
Key People
Ishwari Chaitanya Joshi Director Vrushaank Chaitanya Joshi Additional Director Vanashree Chaitanya Joshi Director Recognitions & Rankings of Ishanee Chemicals
Contact details
Ishanee Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is fanales.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address5 – B 5th Floor Himgiri Apts1277 Hatiskar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Ishanee Chemicals Private Limited, buy the company report.
Comprehensive company report
Ishanee Chemicals 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
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Brands
Ishanee Chemicals operates one associated brand: Fanales. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wax-based lighting products and decorative items offered by Fanales. | fanales.in |
Business activity
The main business activity of Ishanee 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 Ishanee Chemicals Private Limited, buy the company report.
Financials of Ishanee Chemicals Private Limited
FY 2025 filings availableIshanee Chemicals Private Limited reported revenue of ₹2.59 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹2.59 Cr ▼ 6%
Net profit · FY 2025
₹1.31 Cr margin 50.7%
EBITDA · FY 2025
₹1.69 Cr margin 65.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 28%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▼ 35%
5 years · compounded
▲ 1%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 6% fall in the latest year. EBITDA rose 102% 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 65.2% | ||||
| Net Profit Margin | 50.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Ishanee Chemicals Private Limited, buy the company report.
Board of directors of Ishanee Chemicals Private Limited
Ishanee Chemicals has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishwari Chaitanya Joshi | Director | 28 Dec 2019 | 6 Years 10 Months | Current |
| Vrushaank Chaitanya Joshi | Additional Director | 24 Nov 2022 | 3 Years 11 Months | Current |
| Vanashree Chaitanya Joshi | Director | 15 Apr 2004 | 22 Years 6 Months | Current |
| Ishanee Chaitanya Joshi | Director | 01 Feb 2018 | 8 Years 9 Months | Current |
Peer comparison
Ishanee Chemicals Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishvi Entrepreneurs Private Limited | ₹2.6 Cr (FY 2025) | 16.0% | Amritsar, Punjab, India | |||
| D.K. Chandra Jewellers Private Limited | ₹2.6 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Ishanee Chemicals Private Limitedthis company | ₹2.59 Cr (FY 2025) | ₹1.31 Cr | 50.7% | -6.0% | Mumbai, Maharashtra, India | |
| Chandantara Commercial Private Limited | ₹2.57 Cr (FY 2025) | -11.0% | Surat, Gujarat, India | |||
| Aadhar Industries Private Limited | ₹2.56 Cr (FY 2025) | -2.0% | Rajasthan, India |
To see the full peer comparison of Ishanee Chemicals Private Limited, buy the company report.
Auditor
Ishanee Chemicals Private Limited is audited by MANGESH KADAM & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANGESH KADAM & ASSOCIATES | FY 2019 | 116966W |
Shareholding
The shareholding of Ishanee Chemicals Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ishanee Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ishanee Chemicals Private 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
No delayed payments to MSME suppliers are on our record for Ishanee Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ishanee Chemicals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI2377J1ZE | Maharashtra | Active | 01 Jul 2017 |
| 24AABCI2377J1ZK | Gujarat | Active | 03 Aug 2017 |
To see the full GST registrations and return filing status of Ishanee Chemicals Private Limited, buy the company report.
Recent activity
Ishanee Chemicals Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Vrushaank Chaitanya Joshi was appointed as Additional Director on 24 Nov 2022.
AGM
Ishanee Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ishanee Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Vrushaank Chaitanya Joshi was appointed as Additional Director.
Appointed
Ishwari Chaitanya Joshi was appointed as Director.
Ceased
Ishanee Chaitanya Joshi ceased to be Additional Director.
Ceased
Chaitanya Sureshchandra Joshi ceased to be Director.
Appointed
Ishanee Chaitanya Joshi was appointed as Director.
Appointed
Vanashree Chaitanya Joshi was appointed as Director.
Incorporation
15 Apr 2004
Ishanee Chemicals Private Limited was registered on 15 Apr 2004 with Roc Mumbai & aged 22 years 6 months as per MCA records.
Frequently asked questions
Ishanee Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 15 April 2004 (22+ years old) and is registered under CIN U24100MH2004PTC145700.
Ishanee Chemicals has 4 current directors:
- Ishwari Chaitanya Joshi - Director
- Vrushaank Chaitanya Joshi - Additional Director
- Vanashree Chaitanya Joshi - Director
- Ishanee Chaitanya Joshi - Director
The latest financial statements of Ishanee Chemicals 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 Ishanee Chemicals is 27AABCI2377J1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCI2377J1ZK (Gujarat).
The CIN (Corporate Identification Number) of Ishanee Chemicals is U24100MH2004PTC145700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishanee Chemicals was incorporated on 15 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ishanee Chemicals by revenue are Krishvi Entrepreneurs Private Limited, D.K. Chandra Jewellers Private Limited, Chandantara Commercial Private Limited, Aadhar Industries Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Vrushaank Chaitanya Joshi was appointed as Additional Director on 24 Nov 2022. Ishwari Chaitanya Joshi was appointed as Director on 28 Dec 2019. Ishanee Chaitanya Joshi ceased to be Additional Director on 29 Sep 2018. Ishanee Chemicals has 6 board changes on record in total.
Yes, Ishanee Chemicals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0016297).
Ishanee Chemicals can be reached through the website fanales.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ishanee Chemicals is at 5 – B 5th Floor Himgiri Apts1277 Hatiskar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
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