MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0027362
Mechemco Resins Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹146.12 Cr
▲ 7% YoY
Net profit · FY 2025
₹1.7 Cr
Net margin 1.2%
EBITDA · FY 2025
₹6.16 Cr
EBITDA margin 4.2%
Authorised capital
₹2.01 Cr
Registered with MCA
Paid-up capital
₹1.36 Cr
Issued & subscribed
Open charges
₹123.09 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Directors on board
4
As per MCA filings
About Mechemco Resins Private Limited
Data last updated:
Mechemco Resins Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 05 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1994PTC079404. Its GSTIN is 27AADCM8896L1ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1.36 Cr. It is led by directors including Chaitanya Shantilal Shah and Seema Pradip Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 27 Kewal Indl.Estate Senapati Bapat Marg Lower Parel Bombay – 13., Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹146.12 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Cr (net margin 1.2%) and EBITDA of ₹6.16 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹123.09 Cr on record. Court records list 6 cases involving the company, including 6 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹35.4 Lakh; the latest was in May 2022. Its 4 peer companies in the Manufacturing industry (Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 3 smaller; the largest is Viscus Oils Private Limited with revenue of ₹147.42 Cr.
Mechemco Resins Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0027362). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mechemco.com.
Company details
CIN U25209MH1994PTC079404
Registration Number 079404
Incorporation Date 05 July 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0027362
Key People
Chaitanya Shantilal Shah Director Seema Pradip Thakkar Director Aditya Thakkar Pradip Director Recognitions & Rankings of Mechemco Resins
Contact details
Mechemco Resins Private Limited's registered office is in Mumbai, Maharashtra. Its website is mechemco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address27 Kewal Indl.Estate Senapati Bapat Marg Lower Parel Bombay – 13., Mumbai, Maharashtra, India
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Mechemco Resins Private Limited, buy the company report.
Comprehensive company report
Mechemco Resins 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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Business activity
The main business activity of Mechemco Resins 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 Mechemco Resins Private Limited, buy the company report.
Financials of Mechemco Resins Private Limited
FY 2024 filings availableMechemco Resins Private Limited reported revenue of ₹146.12 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹146.12 Cr ▲ 7%
Net profit · FY 2025
₹1.7 Cr margin 1.2%
EBITDA · FY 2025
₹6.16 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 13%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 9%
5 years · compounded
▼ 18%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 7% growth in the latest year. EBITDA fell 3% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.7 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 4.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Mechemco Resins Private Limited, buy the company report.
Board of directors of Mechemco Resins Private Limited
Mechemco Resins has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanya Shantilal Shah Also directs: Newage Corro Inhibitors P Ltd | Director | 14 Jun 2004 | 22 Years 4 Months | Current |
| Seema Pradip Thakkar Also directs: Royal Thermoset Private Limited, Matrix Polymers Private Limited | Director | 05 Jul 1994 | 32 Years 3 Months | Current |
| Aditya Thakkar Pradip Also directs: Royal Thermoset Private Limited, Matrix Polymers Private Limited, Network Polymers Private Limited and 2 more | Director | 30 Mar 2022 | 4 Years 6 Months | Current |
| Piya Pradip Thakkar Also directs: Royal Thermoset Private Limited, Matrix Polymers Private Limited, Network Polymers Private Limited and 2 more | Director | 03 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Mechemco Resins Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), 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 |
|---|---|---|---|---|---|---|
| Viscus Oils Private Limited | ₹147.42 Cr (FY 2024) | -16.0% | Indore, Madhya Pradesh, India | |||
| Mechemco Resins Private Limitedthis company | ₹146.12 Cr (FY 2025) | ₹1.7 Cr | 1.2% | 7.0% | Mumbai, Maharashtra, India | |
| Ecmas Resins Pvt Ltd | ₹143.35 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Dainichi Color India Private Limited | ₹141.63 Cr (FY 2025) | -8.0% | Neemrana, Rajasthan, India | |||
| Soham Polymers Private Limited | ₹137.56 Cr (FY 2025) | -4.0% | Thane, Maharashtra, India |
To see the full peer comparison of Mechemco Resins Private Limited, buy the company report.
Auditor
Mechemco Resins Private Limited is audited by KARIA & SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARIA & SHAH | FY 2023 | 112203W |
Shareholding
The shareholding of Mechemco Resins 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 Mechemco Resins Private Limited, buy the company report.
Charges & borrowings
Open charges
₹123.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2020 | 100400168 | Others | ₹2.08 Cr | Open | |
| 23 Jul 2020 | 100400170 | Others | ₹2.08 Cr | Open | |
| 20 Jul 2020 | 100357000 | Others | ₹93 Lakh | Open | |
| 25 Jun 2020 | 100344764 | Others | ₹1.15 Cr | Open | |
| 02 Mar 2020 | 100331896 | Others | ₹25 Cr | Open |
To see the full charge records of Mechemco Resins Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Mechemco Resins Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹35.4 Lakh; the latest was in May 2022.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹35.4 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2010 | Funding round | ₹10.4 Lakh | Investors: 4 individuals |
| Mar 2008 | Funding round | ₹25 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mechemco Resins Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 5 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Mechemco Resins 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.
Credit ratings & regulatory alerts
Mechemco Resins Private Limited was last rated by Icra on 19 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 19 Nov 2021 |
To see the full credit ratings and regulatory alerts of Mechemco Resins Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mechemco Resins Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mechemco Resins has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM8896L1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mechemco Resins Private Limited, buy the company report.
Recent activity
Mechemco Resins Private Limited has 8 board changes on record since 1994: 4 appointments and 4 cessations. The latest: Aditya Thakkar Pradip ceased to be Additional Director on 30 Sep 2022.
AGM
Mechemco Resins Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mechemco Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Aditya Thakkar Pradip ceased to be Additional Director.
Ceased
Piya Pradip Thakkar ceased to be Additional Director.
Appointed
Aditya Thakkar Pradip was appointed as Director.
Ceased
Pradip Amratlal Thakkar ceased to be Director.
Appointed
Piya Pradip Thakkar was appointed as Director.
Ceased
Pradeep Anant Joshi ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.08 Cr with Charge ID 100400168 was registered on 23 Jul 2020.
Charges
A charge with Others amounted to Rs. 2.08 Cr with Charge ID 100400170 was registered on 23 Jul 2020.
Charges
A charge with Others amounted to Rs. 0.93 Cr with Charge ID 100357000 was registered on 20 Jul 2020.
Charges
A charge with Others amounted to Rs. 1.15 Cr with Charge ID 100344764 was registered on 25 Jun 2020.
10 earlier events are in the company report.
Frequently asked questions
Mechemco Resins is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 05 July 1994 (32+ years old) and is registered under CIN U25209MH1994PTC079404.
Mechemco Resins has 4 current directors:
- Chaitanya Shantilal Shah - Director
- Seema Pradip Thakkar - Director
- Aditya Thakkar Pradip - Director
- Piya Pradip Thakkar - Director
The latest financial statements of Mechemco Resins on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mechemco Resins is 27AADCM8896L1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mechemco Resins is U25209MH1994PTC079404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mechemco Resins has 6 court cases on record: 6 filed against it. Most are in the nclat.
Mechemco Resins was incorporated on 05 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Mechemco Resins has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹35.4 Lakh; the latest was in May 2022.
The peers of Mechemco Resins by revenue are Viscus Oils Private Limited, Ecmas Resins Pvt Ltd, Dainichi Color India Private Limited, Soham Polymers Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Aditya Thakkar Pradip ceased to be Additional Director on 30 Sep 2022. Piya Pradip Thakkar ceased to be Additional Director on 30 Sep 2022. Aditya Thakkar Pradip was appointed as Director on 30 Mar 2022. Mechemco Resins has 8 board changes on record in total.
Yes, Mechemco Resins is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0027362).