MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0136332
Joy Petrochem Private Limited
Joy Petrochem Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹74.04 Cr
▼ 7% YoY
Net profit · FY 2025
₹76.29 Lakh
Net margin 1%
EBITDA · FY 2025
₹1.43 Cr
EBITDA margin 1.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹9.95 Cr
Satisfied ₹2.05 Cr
Company age
29 yrs
Est. 1997
Directors on board
3
As per MCA filings
About Joy Petrochem Private Limited
Data last updated:
Joy Petrochem 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 21 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1997PTC111426. Its GSTIN is 27AAACJ8490N1ZW (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Parul Deepak Shah and Dipak Rasiklal Shah.
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 A – 505/506 V.Star Plaza Chandavarkar Road Borivali (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.04 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹76.29 Lakh (net margin 1%) and EBITDA of ₹1.43 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.
As per MCA filings, the company has open charges of ₹9.95 Cr and satisfied charges of ₹2.05 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 5 cases are pending.
Joy Petrochem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0136332). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24100MH1997PTC111426
Registration Number 111426
Incorporation Date 21 October 1997
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 Medium
Udyam Registration UDYAM-MH-18-0136332
Recognitions & Rankings of Joy Petrochem
Contact details
Joy Petrochem Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 505/506 V.Star Plaza Chandavarkar Road Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Joy Petrochem Private Limited, buy the company report.
Comprehensive company report
Joy Petrochem 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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Business activity
The main business activity of Joy Petrochem 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 Joy Petrochem Private Limited, buy the company report.
Financials of Joy Petrochem Private Limited
FY 2025 filings availableJoy Petrochem Private Limited reported revenue of ₹74.04 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹74.04 Cr ▼ 7%
Net profit · FY 2025
₹76.29 Lakh margin 1%
EBITDA · FY 2025
₹1.43 Cr margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 34%
5 years · compounded
▲ 5%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 15% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.29 Lakh | ||||
| 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1% | ||||
| 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 Joy Petrochem Private Limited, buy the company report.
Board of directors of Joy Petrochem Private Limited
Joy Petrochem has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Deepak Shah | Director | 01 Apr 2015 | 11 Years 7 Months | Current |
| Dipak Rasiklal Shah | Director | 21 Oct 1997 | 29 Years 0 Months | Current |
| Sanjay Shah Rasiklal | Director | 21 Oct 1997 | 29 Years 0 Months | Current |
Peer comparison
Joy Petrochem Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Jayco Agencies Private Limited | ₹74.55 Cr (FY 2025) | 18.0% | Delhi, India | |||
| K V Enterprises Private Ltd | ₹74.37 Cr (FY 2024) | -14.0% | Jalandhar, Punjab, India | |||
| MN Globex Private Limited | ₹74.37 Cr (FY 2025) | -8.0% | Indore, Madhya Pradesh, India | |||
| Dey Brothers Autofuel Pvt Ltd | ₹74.08 Cr (FY 2025) | -14.0% | Howrah, West Bengal, India | |||
| Joy Petrochem Private Limitedthis company | ₹74.04 Cr (FY 2025) | ₹76.29 Lakh | 1% | -7.0% | Mumbai, Maharashtra, India | |
| Sigma Organics and Chemicals Private Limited | ₹73.88 Cr (FY 2025) | -13.0% | Indore, Madhya Pradesh, India | |||
| Kusum Silicones Private Limited | ₹73.79 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Yatee Traders Private Limited | ₹73.72 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India | |||
| Trinseo India Trading Private Limited | ₹73.54 Cr (FY 2025) | 9.0% | Vashi, Maharashtra, India |
To see the full peer comparison of Joy Petrochem Private Limited, buy the company report.
Auditor
Joy Petrochem Private Limited is audited by RAKESH SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH SHAH & ASSOCIATES | FY 2023 | 105720 |
Shareholding
The shareholding of Joy Petrochem 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Joy Petrochem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.95 Cr
Satisfied charges
₹2.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2019 | 100254303 | Hdfc Bank Limited | ₹9.95 Cr | Open | |
| 22 Jan 2009 | 10141489 | Bank of Baroda | ₹2.05 Cr | Satisfied |
To see the full charge records of Joy Petrochem Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Joy Petrochem Private Limited has 8 court cases on record: 5 filed by Joy Petrochem, 3 filed against it. 5 cases are pending and 3 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
5
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 5 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by individuals | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against SST Chemicals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
To see the full case history of Joy Petrochem 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
Joy Petrochem Private Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 1,432 overdue payments to 92 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 92)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| R R Innovative Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| Sanjay Chemicals (India) Private Limited |
To see the full MSME payment records of Joy Petrochem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Joy Petrochem has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ8490N1ZW | Maharashtra | Active | 01 Jul 2017 |
| 24AAACJ8490N2Z1 | Gujarat | Active | 18 Aug 2017 |
To see the full GST registrations and return filing status of Joy Petrochem Private Limited, buy the company report.
Recent activity
Joy Petrochem Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Parul Deepak Shah ceased to be Additional Director on 30 Sep 2015.
AGM
Joy Petrochem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Joy Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 995.00 Lakh registered on 22 Mar 2019 with Charge ID 100254303 was modified on 02 Jan 2024.
Charges
A charge registered on 22 Jan 2009 via Charge ID 10141489 with Bank Of Baroda was fully satisfied on 20 May 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 995.00 Lakh with Charge ID 100254303 was registered on 22 Mar 2019.
Ceased
Parul Deepak Shah ceased to be Additional Director.
Appointed
Parul Deepak Shah was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 205.00 Lakh with Charge ID 10141489 was registered on 22 Jan 2009.
Appointed
Dipak Rasiklal Shah was appointed as Director.
Appointed
Sanjay Shah Rasiklal was appointed as Director.
Incorporation
21 Oct 1997
Joy Petrochem Private Limited was registered on 21 Oct 1997 with Roc Mumbai & aged 29 years 11 days as per MCA records.
Frequently asked questions
Joy Petrochem 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 21 October 1997 (29+ years old) and is registered under CIN U24100MH1997PTC111426.
Joy Petrochem has 3 current directors:
- Parul Deepak Shah - Director
- Dipak Rasiklal Shah - Director
- Sanjay Shah Rasiklal - Director
The latest financial statements of Joy Petrochem 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 Joy Petrochem is 27AAACJ8490N1ZW, 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 24AAACJ8490N2Z1 (Gujarat).
The CIN (Corporate Identification Number) of Joy Petrochem is U24100MH1997PTC111426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy Petrochem has 8 court cases on record: 5 filed by the company and 3 filed against it. 5 are pending.
Joy Petrochem was incorporated on 21 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Joy Petrochem by revenue are Jayco Agencies Private Limited, K V Enterprises Private Ltd, MN Globex Private Limited, Dey Brothers Autofuel Pvt Ltd, Sigma Organics and Chemicals Private Limited and 3 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Parul Deepak Shah ceased to be Additional Director on 30 Sep 2015. Parul Deepak Shah was appointed as Director on 01 Apr 2015. Dipak Rasiklal Shah was appointed as Director on 21 Oct 1997. Joy Petrochem has 4 board changes on record in total.
Yes, Joy Petrochem is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0136332).
Joy Petrochem has 14 MSME Form 1 returns on record between 2019 and 2023, listing 1,432 overdue payments to 92 micro and small suppliers. The latest return was filed on 21 Nov 2023.
The registered office of Joy Petrochem is at A – 505506 V.Star Plaza Chandavarkar Road Borivali West, Mumbai, Maharashtra, India – 400092.
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