About Macdermid Enthone India Private Limited
Data last updated:
Macdermid Enthone India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Coventya South East Asia Pte Limited. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 26 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24100PN2011PTC144228. Its GSTIN is 06AAECC5710A1ZD (Haryana). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.88 Cr. It was formerly known as Coventya India Surface Treatment Technologies Private Limited. It is led by directors including Ravindra Mohan Bhatkal and Sutapa Mukherjee.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No 520 B Shelkewadi Rihe – Andhale Road Ghotawade Mulshi, Pune, Maharashtra, India – 412115.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.39 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹22.14 Cr (net margin 21%) and EBITDA of ₹31.06 Cr (EBITDA margin 29.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Coventya. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹18.5 Cr; the latest was in July 2014. Its 10 peer companies in the Chemicals industry (Specialty Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Yogi Intermediates Private Limited with revenue of ₹106.98 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,283 overdue payments to 105 micro and small suppliers totalling ₹29.7 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coventya.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No 520 B Shelkewadi Rihe – Andhale Road Ghotawade Mulshi, Pune, Maharashtra, India – 412115
- IndustryChemicals and Materials, Specialty Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Macdermid Enthone India Private Limited
The main business activity of Macdermid Enthone India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Macdermid Enthone India Private Limited FY 2025 filings available
Macdermid Enthone India Private Limited reported revenue of ₹105.39 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Macdermid Enthone India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 34% growth in the latest year. EBITDA rose 29% 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 of Macdermid Enthone India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹31.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.14 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Macdermid Enthone India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Macdermid Enthone India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Macdermid Enthone India Private Limited
Macdermid Enthone India Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty Chemicals). Its own revenue is ₹105.39 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yogi Intermediates Private Limited | ₹106.98 Cr | ₹13.4 Cr | 13% | +13% | 72 | Ahmedabad, Gujarat, India |
| Auchtel Products Limited | ₹106.86 Cr | ₹7.32 Cr | 7% | -4% | 208 | Mumbai, Maharashtra, India |
| Mepco Industries Limited | ₹106.77 Cr | ₹13.47 Cr | 13% | -1% | 1 | Madurai 625002., Tamil Nadu, India |
| Myk Laticrete Private Limited | ₹106.54 Cr | ₹9.33 Cr | 9% | +979% | Shaikpet, Telangana, India | |
| Amazon Papyrus Chemicals Private Limited | ₹105.95 Cr | ₹15.4 Cr | 15% | +5% | 139 | Sangareddy Dist, Telangana, India |
| Macdermid Enthone India Private Limited this company | ₹105.39 Cr | ₹22.14 Cr | 21% | Pune, Maharashtra, India | ||
| Meridian Chem-Bond Private Limited | ₹105.28 Cr | ₹4.38 Cr | 4% | +58% | 103 | Mumbai, Maharashtra, India |
| Jalan Carbons & Chemicals Private Limited | ₹104.15 Cr | ₹4.79 Cr | 5% | -28% | Kolkata, West Bengal, India | |
| Forace Speciality Chem Private Limited | ₹103.87 Cr | ₹11.72 Cr | 11% | +6% | Haridwar, Uttarakhand, India | |
| Maharashtra Aldehydes and Chemicals Ltd | ₹103.31 Cr | ₹79.32 Lakh | -1% | -7% | Mumbai, Maharashtra, India | |
| Golden Cashew Products Private Limited | ₹103.1 Cr | ₹2.87 Cr | 3% | +40% | 39 | Pondicherry, India |
Peers are the five companies nearest above and the five nearest below Macdermid Enthone India by revenue in the Chemicals industry (Specialty Chemicals), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Macdermid Enthone India Private Limited
Macdermid Enthone India Private Limited is audited by NATU & PATHAK Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NATU & PATHAK Chartered Accountants | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Macdermid Enthone India Private Limited
Macdermid Enthone India has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Mohan Bhatkal | Director | 09 Aug 2023 | 3 Years 1 Months | Current |
| Sutapa Mukherjee | Director | 09 Aug 2023 | 3 Years 1 Months | Current |
| Nikunj Mundra | Director | 28 Jul 2025 | 1 Years 2 Months | Current |
| Carey James Dorman | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Denis Peter Brauer | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Caroline Simonne Lind | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Macdermid Enthone India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Macdermid Enthone India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2014 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Macdermid Enthone India Private Limited
Macdermid Enthone India Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹18.5 Cr; the latest was in July 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2014 | Rights issue | ₹1 Cr | Investors: Conventya South East Asia Pte Limited |
| Oct 2013 | Funding round | ₹1.5 Cr | Investors: Conventya South East Asia Pte Limited |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Conventya South East Asia Pte Limited Seller: 2 individuals |
| Jun 2012 | Funding round | ₹17 Cr | Investors: Conventya South East Asia Pte Limited, Conventya South East Asia Pte Limited & Chandrashekhar Marathe |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Macdermid Enthone India Private Limited
Macdermid Enthone India Private Limited has 2 court cases on record: 2 filed by Macdermid Enthone India. 1 case is pending and 1 is disposed. Status as checked between 28 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (ARP) | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Macdermid Enthone India Private Limited
Macdermid Enthone India Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,283 overdue payments to 105 micro and small suppliers totalling ₹29.7 Cr. 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.
Returns by period
| Period ending | Returns | Overdue payments | Amount reported |
|---|---|---|---|
| 31 Mar 2024 | 1 | 23 | ₹18.64 Lakh |
| 30 Sep 2023 | 2 | 756 | ₹11.21 Cr |
| 31 Mar 2023 | 2 | 453 | ₹6.38 Cr |
| 30 Sep 2022 | 1 | 122 | ₹1.29 Cr |
| 31 Mar 2022 | 1 | 60 | ₹71.58 Lakh |
| 30 Sep 2021 | 1 | 66 | ₹72.1 Lakh |
Latest dues on record (5 of 2,283)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | ₹50,150 | 28 Mar 2024 | 12 Apr 2024 |
| Bharat Chemicals | ₹8,880 | 25 Mar 2024 | 12 Apr 2024 |
| Eastmen Chemicals | ₹5.02 Lakh | 12 Mar 2024 | 12 Apr 2024 |
| an individual supplier | ₹2,537 | 04 Feb 2024 | 12 Apr 2024 |
| an individual supplier | ₹1.77 Lakh | 31 Jan 2024 | 12 Apr 2024 |
Reason given by the company: As mentioned in the List of MSME Creditors attached as an attachment to the form.
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts are as reported by Macdermid Enthone India in its own returns.
Associated Brands with Macdermid Enthone India Private Limited
Macdermid Enthone India operates one associated brand: Coventya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemicals for surface finishing are developed and supplied. | coventya.com |
Employees and EPFO Compliance at Macdermid Enthone India Private Limited
Macdermid Enthone India Private Limited has a workforce of 66 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Macdermid Enthone India Private Limited
Macdermid Enthone India has one previous CIN (Corporate Identification Number): U24100MH2011PTC221322. The current CIN is U24100PN2011PTC144228, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100PN2011PTC144228 | Current |
| U24100MH2011PTC221322 | Previous |
Recent Activity on Macdermid Enthone India Private Limited
Macdermid Enthone India Private Limited has 19 board changes on record since 2017: 6 appointments and 13 cessations. The latest: Caroline Simonne Lind ceased to be Additional Director on 15 Sep 2025.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Macdermid Enthone India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Macdermid Enthone India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Macdermid Enthone India Private Limited
Macdermid Enthone India has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECC5710A1ZD | Haryana | Active | 01 Jul 2017 |
| 27AAECC5710A1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 33AAECC5710A1ZG | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAECC5710A2ZF | Tamil Nadu | Active | 21 May 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Macdermid Enthone India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Macdermid Enthone India Private Limited
Macdermid Enthone India is an active private limited company based in Pune, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 26 August 2011 (15+ years old) and is registered under CIN U24100PN2011PTC144228.
Macdermid Enthone India reported revenue of ₹105.39 Cr for FY 2025 (up 34% YoY).
Macdermid Enthone India has 6 current directors:
- Ravindra Mohan Bhatkal - Director
- Sutapa Mukherjee - Director
- Nikunj Mundra - Director
- Carey James Dorman - Director
- Denis Peter Brauer - Director
- Caroline Simonne Lind - Director
Macdermid Enthone India reported a net profit of ₹22.14 Cr (net margin 21%) and EBITDA of ₹31.06 Cr (EBITDA margin 29.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Macdermid Enthone India is 22% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Macdermid Enthone India is 06AAECC5710A1ZD, registered in Haryana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAECC5710A1Z9 (Maharashtra), 33AAECC5710A1ZG (Tamil Nadu), 33AAECC5710A2ZF (Tamil Nadu).
The CIN (Corporate Identification Number) of Macdermid Enthone India is U24100PN2011PTC144228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Macdermid Enthone India has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the high courts.
Macdermid Enthone India was incorporated on 26 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Macdermid Enthone India has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹18.5 Cr; the latest was in July 2014.
The peers of Macdermid Enthone India by revenue are Yogi Intermediates Private Limited, Auchtel Products Limited, Mepco Industries Limited, Myk Laticrete Private Limited, Amazon Papyrus Chemicals Private Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).
Caroline Simonne Lind ceased to be Additional Director on 15 Sep 2025. Nikunj Mundra ceased to be Additional Director on 15 Sep 2025. Nikunj Mundra was appointed as Director on 28 Jul 2025. Macdermid Enthone India has 19 board changes on record in total.