About Key Organics Private Limited
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Key Organics Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Indo Amines Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 17 March 1989.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24200MH1989PTC051084. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹24 Lakh and a paid-up capital of ₹18.15 Lakh. It was led by directors including Vijay Bhalchandra Palkar and Rahul Vijay Palkar.
Its last annual general meeting (AGM) was held on 09 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 73 Laxmi Terrace Ranade Road Dadar (W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2019, the company reported a revenue of ₹29.07 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 3.5%) and EBITDA of ₹2.11 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
The company had about 18 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Key Organics and Key Organics. As per MCA filings, the company had open charges of ₹9.1 Cr and satisfied charges of ₹4.44 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in October 2013. Its 7 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Moraya Global Limited with revenue of ₹29.51 Cr.
The last known website on record is keyorganics.net.
Company details
Contact details
Key Organics Private Limited's registered office is in Mumbai, Maharashtra. Its website is keyorganics.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address73 Laxmi Terrace Ranade Road Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Key Organics 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
Brands
Key Organics operates two associated brands: Key Organics and Key Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Crop protection emulsifiers and polymer additives are manufactured. | keyorganics.in | |
| Pharmaceutical, agrochemical, and biochemical products are supplied by Key Organics. | keyorganics.net |
Business activity
The main business activity of Key Organics 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 Key Organics Private Limited, buy the company report.
Financials of Key Organics Private Limited
FY 2019 filings availableKey Organics Private Limited reported revenue of ₹29.07 Cr (up 68% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over three years, including 68% growth in the latest year. EBITDA rose 59% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.03 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Key Organics Private Limited, buy the company report.
Board of directors of Key Organics Private Limited
Key Organics has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Bhalchandra Palkar Also directs: Indo Amines Limited, Palkar Farms Private Limited, Versatile Specialty Chemicals Limited and 5 more | Director | 14 Oct 2013 | 13 Years 0 Months | As last reported |
| Rahul Vijay Palkar Also directs: Indo Amines Limited, Versatile Specialty Chemicals Limited, Indo Speciality Chemicals Private Limited and 1 more | Director | 27 Dec 2013 | 12 Years 10 Months | As last reported |
| Bharati Vijay Palkar Also directs: Indo Amines Limited, Palkar Farms Private Limited, Versatile Specialty Chemicals Limited and 5 more | Director | 27 Dec 2013 | 12 Years 10 Months | As last reported |
| Jayaprakash Anand Shetty Also directs: Indo Amines Limited, Indo Speciality Chemicals Private Limited | Director | 03 Nov 2017 | 9 Years 0 Months | As last reported |
Peer comparison
Key Organics Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), 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 |
|---|---|---|---|---|---|---|
| Moraya Global Limited | ₹29.51 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Siddhi Vinayak Chemex India Private Limited | ₹29.4 Cr (FY 2023) | 7.0% | Amberi, Rajasthan, India | |||
| Par Specialty Polymers Private Limited | ₹29.3 Cr (FY 2025) | -2.0% | Navi Mumbai, Maharashtra, India | |||
| Narsipur Chemicals Private Limited | ₹29.28 Cr (FY 2024) | 55.0% | Thane, Maharashtra, India | |||
| Key Organics Private Limitedthis company | ₹29.07 Cr (FY 2019) | ₹1.03 Cr | 3.5% | 68.0% | 18 | Mumbai, Maharashtra, India |
| GR Intrachem Limited | ₹28.9 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Livmore Life Sciences Private Limited | ₹28.89 Cr (FY 2025) | 296.0% | Vadodara, Gujarat, India | |||
| S.K. Chemical Industries (Mumbai) Private Limited | ₹28.71 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Key Organics Private Limited, buy the company report.
Auditor
Key Organics Private Limited is audited by ASHWINI MANERIKAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWINI MANERIKAR & CO | FY 2019 | 139350W |
Shareholding
The shareholding of Key Organics Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Key Organics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2018 | 100212409 | Others | ₹1.05 Cr | Open | |
| 10 Apr 2015 | 10567041 | Others | ₹4.55 Cr | Open | |
| 06 Feb 2015 | 10552774 | Others | ₹3.5 Cr | Open | |
| 12 Aug 2015 | 10590724 | The Shamrao Vithal Co-Operative Bank Limited | ₹30 Lakh | Satisfied | |
| 27 Nov 2010 | 10258354 | Indian Bank | ₹2.07 Cr | Satisfied |
To see the full charge records of Key Organics Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Key Organics Private Limited has 1 deal on record (1 acquisition); the latest was in October 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2013 | Acquisition | Undisclosed | Buyer: Indo Amines Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Key Organics Private Limited has 5 court cases on record: 5 filed by Key Organics. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Ms Sarbi Petroleum and Chemicals Pvt Ltd and Others | Disposed |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed by the company against Olumpic Chemicals and Other and 2 others | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Olympic Chemicals and 2 and 2 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Olympic Chemicals Other Other and 2 others | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against Olympic Chemicals Other and 2 others | Disposed |
To see the full case history of Key Organics 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
No delayed payments to MSME suppliers are on our record for Key Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Key Organics Private Limited has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Key Organics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Key Organics Private Limited, buy the company report.
Recent activity
Key Organics Private Limited has 10 board changes on record since 2013: 4 appointments and 6 cessations. The latest: Jayaprakash Anand Shetty ceased to be Additional Director on 11 Sep 2018.
28 earlier events are in the company report.
Frequently asked questions
Key Organics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Key Organics was a private limited company based in Mumbai, Maharashtra, India. The company worked in specialty chemicals, within the chemicals and materials industry. It was incorporated on 17 March 1989 and is registered under CIN U24200MH1989PTC051084. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Key Organics was incorporated on 17 March 1989. It is registered with the Registrar of Companies, Mumbai.
Key Organics had 4 directors:
- Vijay Bhalchandra Palkar - Director
- Rahul Vijay Palkar - Director
- Bharati Vijay Palkar - Director
- Jayaprakash Anand Shetty - Director
The CIN (Corporate Identification Number) of Key Organics is U24200MH1989PTC051084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Key Organics is at 73 Laxmi Terrace Ranade Road Dadar W, Mumbai, Maharashtra, India – 400028.
Key Organics can be reached through the website keyorganics.net. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Key Organics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 09 August 2019. Year-wise statements from 2015 are in the company report.
No. Key Organics has 1 GST registration on record and it is cancelled or inactive.
Key Organics operated in the chemicals and materials industry, in the specialty chemicals segment.
Key Organics has 1 deal on record (1 acquisition); the latest was in October 2013.
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