- Udyam number
- UDYAM-MH-18-0092640

About Kar Chemicals Private Limited
Data last updated:
Kar 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 14 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2021PTC363905. Its GSTIN is 27AAICK8903B1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Keyur Milan Bhatt and Dhrumil Jayendra Raval.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.15 Cr, a growth of 118% compared to the previous year. For the same year it recorded a net profit of ₹71.18 Lakh (net margin 7%) and EBITDA of ₹96.81 Lakh (EBITDA margin 9.5%).
As per MCA filings, the company has open charges of ₹80 Lakh on record.
Kar Chemicals Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0092640). For more details, the company can be reached via its website karchemicals.com.
Company details
Recognitions & Rankings of Kar Chemicals
Contact details
Kar Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is karchemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2A – 1102 Vitasta Aryavarta B K Karanjia Marg Tarun Bharat Society Chakala Andheri E, Ast, Mumbai, Maharashtra, India – 400099
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Kar 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
Business activity
The main business activity of Kar 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 Kar Chemicals Private Limited, buy the company report.
Financials of Kar Chemicals Private Limited
FY 2025 filings availableKar Chemicals Private Limited reported revenue of ₹10.15 Cr (up 118% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 118% in the latest year. EBITDA fell 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹96.81 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹71.18 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.5% | |
| Net Profit Margin | 7% | |
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To see the full financial statements and ratios of Kar Chemicals Private Limited, buy the company report.
Board of directors of Kar Chemicals Private Limited
Kar 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 |
|---|---|---|---|---|
| Keyur Milan Bhatt | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Dhrumil Jayendra Raval | Director | 08 Jul 2024 | 2 Years 4 Months | Current |
Peer comparison
Kar Chemicals Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Palmbase Chemicals Private Limited | ₹10.29 Cr (FY 2025) | 46.0% | New Delhi, Delhi, India | |||
| Sacred Sourcing Solutions Private Limited | ₹10.28 Cr (FY 2025) | 957.0% | Delhi, India | |||
| Quality Tanners & Chemicals Private Limited | ₹10.2 Cr (FY 2025) | 23.0% | Jajmau, Uttar Pradesh, India | |||
| Kar Chemicals Private Limitedthis company | ₹10.15 Cr (FY 2023) | ₹71.18 Lakh | 7% | 118.0% | Mumbai, Maharashtra, India | |
| Excellent Auto Care Private Limited | ₹10.15 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Jain Chem Private Limited | ₹10.11 Cr (FY 2025) | 107.0% | Chennai, Tamil Nadu, India | |||
| Aarna Lube Private Limited | ₹10.11 Cr (FY 2024) | 20.0% | Thane, Maharashtra, India |
To see the full peer comparison of Kar Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2022 | 100678798 | Hdfc Bank Limited | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Kar 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 Kar Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kar Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICK8903B1ZM | Maharashtra | Active | 15 Aug 2021 |
To see the full GST registrations and return filing status of Kar Chemicals Private Limited, buy the company report.
Recent activity
Kar Chemicals Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Dhrumil Jayendra Raval was appointed as Director on 08 Jul 2024.
Frequently asked questions
Kar 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 14 July 2021 (5+ years old) and is registered under CIN U24299MH2021PTC363905.
Kar Chemicals has 2 current directors:
- Keyur Milan Bhatt - Director
- Dhrumil Jayendra Raval - Director
The latest financial statements of Kar 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 FY 2022 are in the company report.
The GSTIN of Kar Chemicals is 27AAICK8903B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kar Chemicals is U24299MH2021PTC363905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kar Chemicals was incorporated on 14 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kar Chemicals by revenue are Palmbase Chemicals Private Limited, Sacred Sourcing Solutions Private Limited, Quality Tanners & Chemicals Private Limited, Excellent Auto Care Private Limited, Jain Chem Private Limited and 1 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Dhrumil Jayendra Raval was appointed as Director on 08 Jul 2024. Ashish Kirit Bhatt ceased to be Director on 03 Mar 2024. Rajiv Mahesh Zaveri ceased to be Director on 01 Oct 2021. Kar Chemicals has 4 board changes on record in total.
Yes, Kar Chemicals is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0092640).
Kar Chemicals can be reached through the website karchemicals.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kar Chemicals is at 2A – 1102 Vitasta Aryavarta B K Karanjia Marg Tarun Bharat Society Chakala Andheri E, Ast, Mumbai, Maharashtra, India – 400099.

