
About Lubrizol Advanced Materials India Private Limited
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Lubrizol Advanced Materials India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Noveon Hilton Davis Inc. It operates in the business support services segment of the business services sector. It was incorporated on 01 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24297MH1991PTC248032. Its GSTIN is 27AAACI4361B3ZY (Maharashtra). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.82 Cr. It was formerly known as Indiamalt Pvt Ltd. It is led by directors including Abhishek Shrivastava (Managing Director) and Gregory Edward Preisel.
Its last annual general meeting (AGM) was held on 26 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 ₹1,543.66 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹67.36 Cr (net margin 4.4%) and EBITDA of ₹134.93 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 183 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 2 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹93.01 Cr; the latest was in January 2018. Its 4 peer companies in the Metals and Minerals industry (Business Auxiliary Services, Construction Materials Retail and Distribution, Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 2 smaller; the largest is Madhu Silica Private Limited with revenue of ₹1,820.79 Cr. The company has 17 MSME Form 1 returns on record between 2016 and 2024, listing 1,117 overdue payments to 145 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lubrizol.com.
Company details
CIN history
Lubrizol Advanced Materials India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24297MH1991PTC248032, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24297MH1991PTC248032 | Current |
| U24110GJ1991PTC015002 | Previous |
| U24110MH1991PTC248032 | Previous |
Contact details
Lubrizol Advanced Materials India Private Limited's registered office is in Mumbai, Maharashtra. Its website is lubrizol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressApp. & Bus. Centre 6th Floor Mehra Ind. Estate Jaswanti Landmark Lbs Marg Vikhroli (W, Est), Mumbai, Maharashtra, India – 400079
- IndustryBusiness Services, Business Support Services
To see the full contact details of Lubrizol Advanced Materials India 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 Lubrizol Advanced Materials India 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 Lubrizol Advanced Materials India Private Limited, buy the company report.
Financials of Lubrizol Advanced Materials India Private Limited
FY 2025 filings availableLubrizol Advanced Materials India Private Limited reported revenue of ₹1,543.66 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA fell 35% 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 | ₹134.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹67.36 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 8.7% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Lubrizol Advanced Materials India Private Limited, buy the company report.
Board of directors of Lubrizol Advanced Materials India Private Limited
Lubrizol Advanced Materials India has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arnaud Jean Henri Valet Also directs: Lubrizol Global Services Center Private Limited | Additional Director | 04 Sep 2025 | 1 Years 2 Months | Current |
| Gregory Edward Preisel | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Vaibhav Vasant Surana | Director | 19 May 2025 | 1 Years 5 Months | Current |
| Abhishek Shrivastava | Managing Director | 26 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Lubrizol Advanced Materials India Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Business Auxiliary Services, Construction Materials Retail and Distribution, Industrial 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 |
|---|---|---|---|---|---|---|
| Madhu Silica Private Limited | ₹1,820.79 Cr (FY 2025) | 11.0% | Bhavangar, Gujarat, India | |||
| Sigma Aldrich Chemicals Private Limited | ₹1,792.86 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| Lubrizol Advanced Materials India Private Limitedthis company | ₹1,543.66 Cr (FY 2025) | ₹67.36 Cr | 4.4% | 1.0% | 183 | Mumbai, Maharashtra, India |
| Fosroc Chemicals (India) Private Limited | ₹1,524.41 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Synthimed Labs Private Limited | ₹1,478.44 Cr (FY 2025) | 25706.0% | Chandigarh, India |
To see the full peer comparison of Lubrizol Advanced Materials India Private Limited, buy the company report.
Auditor
Lubrizol Advanced Materials India Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Lubrizol Advanced Materials India 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 Lubrizol Advanced Materials India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 1997 | 90102634 | Icici Bank Ltd. | ₹5 Cr | Satisfied | |
| 24 Jul 1997 | 90098638 | Icici Bank Limited | ₹5 Cr | Satisfied | |
| 24 Oct 1996 | 90098496 | Industrial Development Bank of India | ₹4.5 Cr | Satisfied | |
| 24 Oct 1996 | 90100495 | Industrial Development Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Lubrizol Advanced Materials India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Lubrizol Advanced Materials India Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹93.01 Cr; the latest was in January 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Rights issue | ₹39.44 Cr | Investors: Noveon Hilton Davis INC, Lubrizol Luxembourg SARL |
| Feb 2015 | Funding round | ₹93.01 Cr | Investors: Noveon Hilton Davis INC, Lubrizol Luxembourg SARL |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Noveon Hilton Davis INC Seller: Lubrizol Advanced materials Diamalt GMH & Co Kg |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Lubrizol Advanced materials Diamalt GMH & Co Kg Seller: Noveon Diamalt Gmbh & Co Kg |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lubrizol Advanced Materials India Private Limited has 13 court cases on record: 6 filed by Lubrizol Advanced Materials India, 7 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 2 |
| Supreme Court | 4 | 3 | 0 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Union of India | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-6 | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Lubrizol Advanced Materials India 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
Lubrizol Advanced Materials India Private Limited has 17 MSME Form 1 returns on record between 2016 and 2024, listing 1,117 overdue payments to 145 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 145)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vishnu Timber Mart | |||
| an individual supplier | |||
| V C Shah Patel Services Private Limited | |||
| Shital Industries Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Lubrizol Advanced Materials India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lubrizol Advanced Materials India Private Limited has a workforce of 183 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 183 |
| 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 Lubrizol Advanced Materials India Private Limited, buy the company report.
GST
Lubrizol Advanced Materials India has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI4361B3ZY | Maharashtra | Active | 01 Jul 2017 |
| 27AAACI4361B5ZW | Maharashtra | Active | 28 Jan 2021 |
| 07AAACI4361B1Z2 | Delhi | Active | 01 Jul 2017 |
| 24AAACI4361B2Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lubrizol Advanced Materials India Private Limited, buy the company report.
Recent activity
Lubrizol Advanced Materials India Private Limited has 24 board changes on record since 2007: 4 appointments and 20 cessations. The latest: Abhishek Shrivastava was appointed as Managing Director on 26 Sep 2025.
27 earlier events are in the company report.
News
Frequently asked questions
Lubrizol Advanced Materials India is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 01 February 1991 (35+ years old) and is registered under CIN U24297MH1991PTC248032.
Lubrizol Advanced Materials India has 4 current directors:
- Abhishek Shrivastava - Managing Director
- Arnaud Jean Henri Valet - Additional Director
- Gregory Edward Preisel - Director
- Vaibhav Vasant Surana - Director
The latest financial statements of Lubrizol Advanced Materials India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lubrizol Advanced Materials India is 27AAACI4361B3ZY, registered in Maharashtra. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACI4361B5ZW (Maharashtra), 07AAACI4361B1Z2 (Delhi), 24AAACI4361B2Z5 (Gujarat).
The CIN (Corporate Identification Number) of Lubrizol Advanced Materials India is U24297MH1991PTC248032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lubrizol Advanced Materials India has 13 court cases on record: 6 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Lubrizol Advanced Materials India was incorporated on 01 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Lubrizol Advanced Materials India has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹93.01 Cr; the latest was in January 2018.
The peers of Lubrizol Advanced Materials India by revenue are Madhu Silica Private Limited, Sigma Aldrich Chemicals Private Limited, Fosroc Chemicals (India) Private Limited, Synthimed Labs Private Limited, all in the Metals and Minerals industry (Business Auxiliary Services, Construction Materials Retail and Distribution, Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Abhishek Shrivastava was appointed as Managing Director on 26 Sep 2025. Vaibhav Vasant Surana ceased to be Additional Director on 25 Sep 2025. Arnaud Jean Henri Valet was appointed as Additional Director on 04 Sep 2025. Lubrizol Advanced Materials India has 24 board changes on record in total.
Lubrizol Advanced Materials India has 17 MSME Form 1 returns on record between 2016 and 2024, listing 1,117 overdue payments to 145 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Lubrizol Advanced Materials India can be reached through the website lubrizol.com. Its registered office is in Mumbai, Maharashtra, India.

