About Keva Fragrances Private Limited
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Keva Fragrances Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of S H Kelkar And Company Limited. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 01 August 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1978PTC020545. Its GSTIN is 27AAACK2243A1Z7 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.53 Cr and a paid-up capital of ₹7.43 Cr. It was formerly known as K.V. Arochem Private Limited and K.V. Arochem Limited. It is led by directors including Sangeeta Kapil Jit Singh and Ramesh Vinayak Vaze.
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Devkaran Mansion36 Mangaldas Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹647.11 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹69.55 Cr (net margin 10.7%) and EBITDA of ₹118.66 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 77 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹110.55 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website keva.co.in.
Company details
Name history
Keva Fragrances has undergone 3 name changes throughout its history. The company was previously known as K.V. Arochem Private Limited, K.V. Arochem Limited, and K V Arochem Private Limited. The current legal name is Keva Fragrances Private Limited.
| Company Name | Status |
|---|---|
| Keva Fragrances Private Limited | Current |
| K.V. Arochem Private Limited | Previous |
| K.V. Arochem Limited | Previous |
| K V Arochem Private Limited | Previous |
Contact details
Keva Fragrances Private Limited's registered office is in Mumbai, Maharashtra. Its website is keva.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDevkaran Mansion36 Mangaldas Road, Mumbai, Maharashtra, India – 400002
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Keva Fragrances 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 Keva Fragrances is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Keva Fragrances Private Limited, buy the company report.
Financials of Keva Fragrances Private Limited
FY 2025 filings availableKeva Fragrances Private Limited reported revenue of ₹647.11 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 21% growth in the latest year. EBITDA rose 34% 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 |
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| Total Expenses | |||||
| EBITDA | ₹118.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.55 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 18.3% | ||||
| Net Profit Margin | 10.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Keva Fragrances Private Limited, buy the company report.
Board of directors of Keva Fragrances Private Limited
Keva Fragrances has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Kapil Jit Singh Also directs: Laxmi Organic Industries Limited, Galaxy Surfactants Ltd, Shaily Engineering Plastics Limited and 4 more | Director | 01 Dec 2016 | 9 Years 11 Months | Current |
| Amit Gulati Also directs: Keva Flavours Private Limited | Additional Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Ramesh Vinayak Vaze | Director | 20 Nov 1980 | 45 Years 11 Months | Current |
| Neela Bhattacherjee Also directs: S H Kelkar and Company Limited, Alkem Laboratories Limited | Director | 02 Feb 2023 | 3 Years 8 Months | Current |
| Annoottam Ghosh Also directs: Keva Ventures Private Limited | Additional Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Prabha Ramesh Vaze Also directs: Keva Ventures Private Limited, S H Kelkar and Company Limited, Keva Biotech Private Limited and 5 more | Director | 27 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Keva Fragrances Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Firmenich Aromatics (India) Private Limited | ₹792.03 Cr (FY 2018) | 9.0% | Mumbai, Maharashtra, India | |||
| Kalpsutra Chemicals Private Limited | ₹791.97 Cr (FY 2025) | 14.0% | Vadodara, Gujarat, India | |||
| Keva Fragrances Private Limitedthis company | ₹647.11 Cr (FY 2025) | ₹69.55 Cr | 10.7% | 21.0% | 77 | Mumbai, Maharashtra, India |
| Mcnroe Consumer Products Private Limited | ₹624.36 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Drt-Anthea Aroma Chemicals Private Limited | ₹537.53 Cr (FY 2025) | -1.0% | Navi Mumbai, Maharashtra, India | |||
| Swati Menthol and Allied Chemicals Limited | ₹516.85 Cr (FY 2024) | -6.0% | Uttar Pradesh, India |
To see the full peer comparison of Keva Fragrances Private Limited, buy the company report.
Auditor
Keva Fragrances Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Keva Fragrances 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 Keva Fragrances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2019 | 100244024 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Satisfied | |
| 16 Jan 2019 | 100231855 | Hdfc Bank Limited | ₹20 Cr | Satisfied | |
| 20 Dec 2018 | 100231913 | The Hongkong and Shanghai Banking Corporation Limited | ₹92 Lakh | Satisfied | |
| 20 Dec 2018 | 100231915 | The Hongkong and Shanghai Banking Corporation Limited | ₹44.5 Lakh | Satisfied | |
| 04 Mar 2016 | 10627612 | Others | ₹18 Cr | Satisfied |
To see the full charge records of Keva Fragrances Private Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Keva Fragrances Private Limited has 11 court cases on record: 5 filed by Keva Fragrances, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 3 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Interim or miscellaneous application | Filed against the company by Boparais Martial Garding Servises Pvt Ltd. | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Keva Fragrances 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
Keva Fragrances Private Limited has 41 MSME Form 1 returns on record between 2019 and 2024, listing 2,100 overdue payments to 163 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 163)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| P.P. Sheth Aromas Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Sai Construction | |||
| Clearfast Air Cargo Agencies Private Limited |
To see the full MSME payment records of Keva Fragrances Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Keva Fragrances Private Limited has a workforce of 77 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Keva Fragrances has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2243A1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACK2243A1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Keva Fragrances Private Limited, buy the company report.
Recent activity
Keva Fragrances Private Limited has 15 board changes on record since 1980: 8 appointments and 7 cessations. The latest: Amit Gulati was appointed as Additional Director on 14 Nov 2024.
56 earlier events are in the company report.
News
Frequently asked questions
Keva Fragrances is an active private limited company based in Mumbai, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 01 August 1978 (48+ years old) and is registered under CIN U24110MH1978PTC020545.
Keva Fragrances has 7 current directors:
- Sangeeta Kapil Jit Singh - Director
- Amit Gulati - Additional Director
- Ramesh Vinayak Vaze - Director
- Neela Bhattacherjee - Director
- Annoottam Ghosh - Additional Director
- Prabha Ramesh Vaze - Director
- Kedar Ramesh Vaze - Director
The latest financial statements of Keva Fragrances on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Keva Fragrances is 27AAACK2243A1Z7, 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 24AAACK2243A1ZD (Gujarat).
The CIN (Corporate Identification Number) of Keva Fragrances is U24110MH1978PTC020545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Keva Fragrances has 11 court cases on record: 5 filed by the company and 6 filed against it. Most are in the district courts.
Keva Fragrances was incorporated on 01 August 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Keva Fragrances by revenue are Firmenich Aromatics (India) Private Limited, Kalpsutra Chemicals Private Limited, Mcnroe Consumer Products Private Limited, Drt-Anthea Aroma Chemicals Private Limited, Swati Menthol and Allied Chemicals Limited, all in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Amit Gulati was appointed as Additional Director on 14 Nov 2024. Annoottam Ghosh was appointed as Additional Director on 12 Aug 2024. Neela Bhattacherjee was appointed as Director on 02 Feb 2023. Keva Fragrances has 15 board changes on record in total.
Keva Fragrances has 41 MSME Form 1 returns on record between 2019 and 2024, listing 2,100 overdue payments to 163 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Keva Fragrances can be reached through the website keva.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Keva Fragrances is at Devkaran Mansion36 Mangaldas Road, Mumbai, Maharashtra, India – 400002.
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