MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0086795
Ketul Enterprises Private Limited
Ketul Enterprises Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.48 Cr
▼ 41% YoY
Net profit · FY 2025
₹59.12 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹78.48 Lakh
EBITDA margin 0.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹18 Lakh
Issued & subscribed
Open charges
₹13.83 Cr
Satisfied ₹10 Cr
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Ketul Enterprises Private Limited
Data last updated:
Ketul Enterprises 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 23 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH2005PTC151538. Its GSTIN is 27AACCK5253G1ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors including Ketul Anopchand Jhatakia and Atul Anoopchand Zatakia.
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 2025, the company reported a revenue of ₹91.48 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹59.12 Lakh (net margin 0.6%) and EBITDA of ₹78.48 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 17% over five years.
The company is associated with 1 brand: Ketul Chem. As per MCA filings, the company has open charges of ₹13.83 Cr and satisfied charges of ₹10 Cr on record. Court records list 17 cases involving the company, including 15 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.09 Cr; the latest was in December 2021. Its 7 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 4 smaller; the largest is Uniphos Enterprises Limited with revenue of ₹93.51 Cr.
Ketul Enterprises Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0086795). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24110MH2005PTC151538
Registration Number 151538
Incorporation Date 23 February 2005
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-19-0086795
Key People
Kavita Ketul Jhatakia Additional Director Ketul Anopchand Jhatakia Director Atul Anoopchand Zatakia Director Recognitions & Rankings of Ketul Enterprises
Contact details
Ketul Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/1001 Damji Shamji Corporate Square Link Road Ghatkopar (East) B/H Kanara Business Pa, Rk, Mumbai, Maharashtra, India – 400077
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Ketul Enterprises Private Limited, buy the company report.
Comprehensive company report
Ketul Enterprises 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
Ketul Enterprises operates one associated brand: Ketul Chem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures specialty chemicals and active pharmaceutical ingredients for global markets. | ketulchem.in |
Business activity
The main business activity of Ketul Enterprises 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 Ketul Enterprises Private Limited, buy the company report.
Financials of Ketul Enterprises Private Limited
FY 2025 filings availableKetul Enterprises Private Limited reported revenue of ₹91.48 Cr (down 41% YoY) for FY 2025.
Revenue · FY 2025
₹91.48 Cr ▼ 41%
Net profit · FY 2025
₹59.12 Lakh margin 0.6%
EBITDA · FY 2025
₹78.48 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 19%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 32%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 41% fall in the latest year. EBITDA fell 82% 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 | ₹78.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.12 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 | 0.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Ketul Enterprises Private Limited, buy the company report.
Board of directors of Ketul Enterprises Private Limited
Ketul Enterprises has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Ketul Jhatakia | Additional Director | 26 Jun 2025 | 1 Years 4 Months | Current |
| Ketul Anopchand Jhatakia | Director | 23 Feb 2005 | 21 Years 8 Months | Current |
| Atul Anoopchand Zatakia | Director | 05 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Ketul Enterprises Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Uniphos Enterprises Limited | ₹93.51 Cr (FY 2024) | 110.0% | Valsad, Gujarat, India | |||
| Coraplus India Private Limited | ₹92.68 Cr (FY 2025) | 844.0% | Thane, Maharashtra, India | |||
| Euroasia's Ingredients Private Limited | ₹91.76 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Ketul Enterprises Private Limitedthis company | ₹91.48 Cr (FY 2025) | ₹59.12 Lakh | 0.6% | -41.0% | Mumbai, Maharashtra, India | |
| Gesu Chemicals Private Limited | ₹91.21 Cr (FY 2025) | -1.0% | Kanpur, Uttar Pradesh, India | |||
| Lucky Industries (India) Private Limited. | ₹90.95 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Plastene Flexibles Limited | ₹89.79 Cr (FY 2024) | 89.0% | Ahmedabad, Gujarat, India | |||
| Vaibhav International Private Limited | ₹89.4 Cr (FY 2024) | -62.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ketul Enterprises Private Limited, buy the company report.
Auditor
Ketul Enterprises Private Limited is audited by Vishal H Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishal H Shah & Associates | FY 2023 |
Shareholding
The shareholding of Ketul Enterprises 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ketul Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.83 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101086868 | Others | ₹5 Cr | Open | |
| 25 May 2024 | 100930477 | Others | ₹7.92 Cr | Open | |
| 12 Feb 2020 | 100324657 | Others | ₹50 Lakh | Open | |
| 30 Apr 2018 | 100176946 | Others | ₹41.4 Lakh | Open | |
| 17 Jul 2006 | 10019359 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Ketul Enterprises Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ketul Enterprises Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.09 Cr; the latest was in December 2021.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹1.09 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2009 | Funding round | ₹1 Cr | Investors: 3 individuals |
| Jul 2006 | Funding round | ₹9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ketul Enterprises Private Limited has 17 court cases on record: 15 filed by Ketul Enterprises, 2 filed against it. 1 case is pending and 16 are disposed.
Total cases
17
Filed by the company
15
Filed against the company
2
Pending
1
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 2 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Ms Pavan Drugs and Chemicals Pvt, Ltd. and 2 Ors | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Ms SMS Pharmaceuticals Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against State Turbhe Midc Police Station | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by an individual | Disposed |
To see the full case history of Ketul Enterprises 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.
Credit ratings & regulatory alerts
Ketul Enterprises Private Limited was last rated by Crisil on 14 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Feb 2020 |
To see the full credit ratings and regulatory alerts of Ketul Enterprises Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ketul Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ketul Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK5253G1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ketul Enterprises Private Limited, buy the company report.
Recent activity
Ketul Enterprises Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Kavita Ketul Jhatakia was appointed as Additional Director on 26 Jun 2025.
AGM
Ketul Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Kavita Ketul Jhatakia was appointed as Additional Director.
Filing
Ketul Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101086868 was registered on 20 Mar 2025.
Charges
A charge with Others of Rs. 792.00 Lakh registered on 25 May 2024 with Charge ID 100930477 was modified on 28 Nov 2024.
Charges
A charge with Others amounted to Rs. 792.00 Lakh with Charge ID 100930477 was registered on 25 May 2024.
Charges
A charge registered on 17 Jul 2006 via Charge ID 10019359 with Others was fully satisfied on 20 Mar 2024.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 17 Jul 2006 with Charge ID 10019359 was modified on 02 Mar 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100324657 was registered on 12 Feb 2020.
Ceased
Atul Anoopchand Zatakia ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 41.40 Lakh with Charge ID 100176946 was registered on 30 Apr 2018.
Appointed
Atul Anoopchand Zatakia was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Ketul Enterprises 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 23 February 2005 (21+ years old) and is registered under CIN U24110MH2005PTC151538.
Ketul Enterprises has 3 current directors:
- Kavita Ketul Jhatakia - Additional Director
- Ketul Anopchand Jhatakia - Director
- Atul Anoopchand Zatakia - Director
The latest financial statements of Ketul Enterprises 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 Ketul Enterprises is 27AACCK5253G1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ketul Enterprises is U24110MH2005PTC151538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ketul Enterprises has 17 court cases on record: 15 filed by the company and 2 filed against it. 1 is pending.
Ketul Enterprises was incorporated on 23 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Ketul Enterprises has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.09 Cr; the latest was in December 2021.
The peers of Ketul Enterprises by revenue are Uniphos Enterprises Limited, Coraplus India Private Limited, Euroasia's Ingredients Private Limited, Gesu Chemicals Private Limited, Lucky Industries (India) Private Limited. and 2 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Kavita Ketul Jhatakia was appointed as Additional Director on 26 Jun 2025. Atul Anoopchand Zatakia ceased to be Additional Director on 29 Sep 2018. Atul Anoopchand Zatakia was appointed as Director on 05 Jan 2018. Ketul Enterprises has 5 board changes on record in total.
Yes, Ketul Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0086795).