MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0097054
Kunder Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.41 Cr
▲ 11% YoY
Net loss · FY 2025
₹94.22 Lakh
Net margin -5.4%
EBITDA · FY 2025
-₹42.07 Lakh
EBITDA margin -2.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.95 Lakh
Issued & subscribed
Satisfied charges
₹1.69 Cr
No open charges
Company age
35 yrs
Est. 1991
Employees · EPFO
39
Provident fund records
About Kunder Chemicals Private Limited
Data last updated:
Kunder Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 30 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1991PTC061895. Its GSTIN is 24AAACK1713B1ZE (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.95 Lakh. It is led by directors Nishant Madhav Kunder and Veenit Madhav Kunder.
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 Kinny`S Corner I C Colonyboriwali West, Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.41 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹94.22 Lakh (net margin -5.4%) and EBITDA of -₹42.07 Lakh (EBITDA margin -2.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kunder Chemicals. As per MCA filings, the company has satisfied charges of ₹1.69 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Kunder Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0097054). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pigmentgreen.com.
Company details
CIN U24110MH1991PTC061895
Registration Number 061895
Incorporation Date 30 May 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0097054
Recognitions & Rankings of Kunder Chemicals
Contact details
Kunder Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is pigmentgreen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKinny`S Corner I C Colonyboriwali West, Mumbai, Maharashtra, India – 400103
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Kunder Chemicals Private Limited, buy the company report.
Comprehensive company report
Kunder Chemicals 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
Kunder Chemicals operates one associated brand: Kunder Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pigment manufacturing and dispersions for paints, inks, and plastics in India. | pigmentgreen.com |
Business activity
The main business activity of Kunder Chemicals 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 Kunder Chemicals Private Limited, buy the company report.
Financials of Kunder Chemicals Private Limited
FY 2025 filings availableKunder Chemicals Private Limited reported revenue of ₹17.41 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹17.41 Cr ▲ 11%
Net loss · FY 2025
₹94.22 Lakh margin -5.4%
EBITDA · FY 2025
-₹42.07 Lakh margin -2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 17%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▼ 29%
5 years · compounded
▼ 17%
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 85% 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 | -₹42.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.22 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 | -2.4% | ||||
| Net Profit Margin | -5.4% | ||||
| 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 Kunder Chemicals Private Limited, buy the company report.
Board of directors of Kunder Chemicals Private Limited
Kunder Chemicals has 2 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 |
|---|---|---|---|---|
| Nishant Madhav Kunder | Director | 01 Jan 2013 | 13 Years 10 Months | Current |
| Veenit Madhav Kunder | Director | 10 Feb 2007 | 19 Years 9 Months | Current |
Auditor
Kunder Chemicals Private Limited is audited by R. P. SARDAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. P. SARDAR & CO. | FY 2023 | 037845 |
Shareholding
The shareholding of Kunder Chemicals 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 Kunder Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2015 | 10592425 | The Hongkong & Shanghai Banking Corporation Limited | ₹1.5 Cr | Satisfied | |
| 12 Oct 2007 | 10075254 | Syndicate Bank | ₹19 Lakh | Satisfied |
To see the full charge records of Kunder Chemicals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kunder Chemicals Private Limited has 5 court cases on record: 3 filed by Kunder Chemicals, 2 filed against it. All cases are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Kunder Chemicals 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
Kunder Chemicals Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Real Metalchem Private Limited | |||
| Sigma Minerals Limited | |||
| an individual supplier | |||
| Sunshine Products |
To see the full MSME payment records of Kunder Chemicals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kunder Chemicals Private Limited has a workforce of 39 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
-7.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 39 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kunder Chemicals Private Limited, buy the company report.
GST
Kunder Chemicals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACK1713B1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kunder Chemicals Private Limited, buy the company report.
Recent activity
Kunder Chemicals Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Madhav Kadia Kunder ceased to be Director on 08 Aug 2018.
AGM
Kunder Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kunder Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 25 Aug 2015 via Charge ID 10592425 with The Hongkong & Shanghai Banking Corporation Limited was fully satisfied on 20 Nov 2020.
Ceased
Madhav Kadia Kunder ceased to be Director.
Charges
A charge registered on 12 Oct 2007 via Charge ID 10075254 with Syndicate Bank was fully satisfied on 13 Jul 2016.
Charges
A charge with The Hongkong & Shanghai Banking Corporation Limited amounted to Rs. 150.00 Lakh with Charge ID 10592425 was registered on 25 Aug 2015.
Appointed
Nishant Madhav Kunder was appointed as Director.
Charges
A charge with Syndicate Bank amounted to Rs. 19.00 Lakh with Charge ID 10075254 was registered on 12 Oct 2007.
Appointed
Veenit Madhav Kunder was appointed as Director.
Incorporation
30 May 1991
Kunder Chemicals Private Limited was registered on 30 May 1991 with Roc Mumbai I & aged 35 years 5 months as per MCA records.
Frequently asked questions
Kunder Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 30 May 1991 (35+ years old) and is registered under CIN U24110MH1991PTC061895.
Kunder Chemicals has 2 current directors:
- Nishant Madhav Kunder - Director
- Veenit Madhav Kunder - Director
The latest financial statements of Kunder 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 2015 are in the company report.
The GSTIN of Kunder Chemicals is 24AAACK1713B1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Kunder Chemicals is U24110MH1991PTC061895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kunder Chemicals has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Kunder Chemicals was incorporated on 30 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Madhav Kadia Kunder ceased to be Director on 08 Aug 2018. Nishant Madhav Kunder was appointed as Director on 01 Jan 2013. Veenit Madhav Kunder was appointed as Director on 10 Feb 2007.
Yes, Kunder Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0097054).
Kunder Chemicals has 3 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 11 micro and small suppliers. The latest return was filed on 03 Oct 2020.
Kunder Chemicals can be reached through the website pigmentgreen.com. Its registered office is in Mumbai, Maharashtra, India.
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