MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0009822
Market Cap
₹52.33 Cr
MEHUL · BSE
Share Price
₹49.63
0.00% today
Revenue
₹30.40 Cr
FY 2025-26 · +33.2% YoY
EBITDA
₹6.03 Cr
Margin 19.8%
Net Profit
₹5.23 Cr
FY 2025-26 · -4.6% YoY
P/E (TTM)
11.1x
P/B 1.3x
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹10.55 Cr
Issued & subscribed
About Mehul Colours Limited
Data last updated:
Mehul Colours Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 12 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25209MH1995PLC095225. Its GSTIN is 27AABCM8404E1ZP (Maharashtra). Its shares are listed on BSE: 544472.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.55 Cr. It was formerly known as Mehul Colours and Masterbatches Limited. It is led by directors including Mehul Pravinchandra Joshi (Managing Director) and Bhakti Mehul Joshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹30.4 Cr, a growth of 33.2% compared to the previous year. For the same year it recorded a net profit of ₹5.23 Cr (net margin 17.2%) and EBITDA of ₹6.03 Cr (EBITDA margin 19.8%). The net worth stands at ₹41.27 Cr (up 141.9% YoY). Total assets are valued at ₹43.66 Cr (up 150.8% YoY).
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mehul Colours. As per MCA filings, the company has open charges of ₹2.35 Cr and satisfied charges of ₹1.3 Cr on record. The company has 5 deals on record (4 market trades, 1 ipo); the latest was in February 2026. Its 10 peer companies in the Manufacturing industry (Plastics and Resins) are compared by revenue, 5 larger and 5 smaller; the largest is Omkar Puf Insulation Private Limited with revenue of ₹24.57 Cr.
Mehul Colours Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0009822). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mehulcolours.com.
Company Details of Mehul Colours Limited
CIN L25209MH1995PLC095225
Registration Number 095225
Incorporation Date 12 December 1995
ROC Mumbai
Listing Status Listed (BSE: 544472)
Company Status Active
Date of Last AGM 04 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0009822
Name History of Mehul Colours Limited
Mehul Colours has undergone 2 name changes throughout its history. The company was previously known as Mehul Colours And Masterbatches Limited, and Mehul Colours Limited. The current legal name is Mehul Colours Limited.
| Company Name | Status |
|---|---|
| Mehul Colours Limited | Current |
| Mehul Colours And Masterbatches Limited | Previous |
CIN History of Mehul Colours Limited
Mehul Colours has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25209MH1995PLC095225, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209MH1995PLC095225 | Current |
| U25209MH1995PTC095225 | Previous |
| U25209MH2004PTC095225 | Previous |
| U25209MH1995PLC095225 | Previous |
Key People
Mehul Pravinchandra Joshi Managing Director Bhakti Mehul Joshi Whole-Time Director Khyati Chetan Gandhi Director Recognitions & Rankings of Mehul Colours
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit No – A 305 306 Kemp Plaza Link Road, Chincholi Bunder Road Mind Space Near Evershine Mall Malad West, Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Plastic & Resins
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Associated Brands with Mehul Colours Limited
Mehul Colours operates one associated brand: Mehul Colours. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Colour Masterbatch - Black Masterbatch - White Masterbatch - Additive Masterbatch - Masterbatch Manufacturers & Exporters Mumbai India | mehulcolours.com |
Business Activity of Mehul Colours Limited
The main business activity of Mehul Colours 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 |
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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 Mehul Colours Limited FY 2025-26 filings available
Mehul Colours Limited reported revenue of ₹30.4 Cr (up 33.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹30.40 Cr
+33.2% YoY
EBITDA
₹6.03 Cr
-12.7% YoY
Profit After Tax
₹5.23 Cr
-4.6% YoY
Net Worth
₹41.27 Cr
+141.9% YoY
Total Assets
₹43.66 Cr
+150.8% YoY
Total Debt
₹1.96 Cr
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 30.40 | 22.82 | 21.94 | 21.18 | 20.26 |
| Revenue growth | +33.2% | +4.0% | +3.6% | +4.5% | - |
| EBITDA | 6.03 | 6.91 | 4.01 | 4.19 | 2.15 |
| EBITDA margin | +19.8% | +30.3% | +18.3% | +19.8% | +10.6% |
| Profit before tax | 7.04 | 7.40 | 4.35 | 4.09 | 1.96 |
| Net profit | 5.23 | 5.48 | 3.17 | 2.95 | 1.47 |
| Net profit margin | +17.2% | +24.0% | +14.5% | +13.9% | +7.3% |
| EPS (₹) | 4.95 | 7.30 | 110.97 | 101.37 | 49.85 |
| Balance sheet | |||||
| Total assets | 43.66 | 17.41 | 12.23 | 8.64 | 6.09 |
| Net worth | 41.27 | 17.06 | 11.56 | 8.36 | 5.42 |
| Total debt | 1.96 | 0.00 | 0.36 | 0.00 | 0.37 |
| Cash & bank | 14.33 | 1.29 | 2.07 | 1.06 | 0.07 |
| Net working capital | 23.78 | 7.78 | 6.01 | 4.15 | 4.84 |
| Cash flow | |||||
| Cash from operations | 0.19 | 1.91 | 2.09 | 4.69 | 0.07 |
| Cash from investing | (8.08) | (2.30) | (1.42) | (3.29) | (0.07) |
| Cash from financing | 20.93 | (0.39) | 0.33 | (0.41) | 0.02 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 30.40 | 22.82 | 21.94 | 21.18 | 20.26 |
| Revenue growth | +33.2% | +4.0% | +3.6% | +4.5% | - |
| Other income | 1.41 | 0.89 | 0.72 | 0.19 | 0.11 |
| Total expenses | 24.37 | 15.91 | 17.93 | 16.99 | 18.11 |
| Employee cost | 0.00 | 1.31 | 1.05 | 0.95 | 0.74 |
| EBITDA | 6.03 | 6.91 | 4.01 | 4.19 | 2.15 |
| EBITDA margin | +19.8% | +30.3% | +18.3% | +19.8% | +10.6% |
| Depreciation | 0.38 | 0.35 | 0.32 | 0.23 | 0.24 |
| Interest | 0.02 | 0.05 | 0.06 | 0.06 | 0.06 |
| Profit before tax | 7.04 | 7.40 | 4.35 | 4.09 | 1.96 |
| Tax | 1.81 | 1.90 | 1.13 | 1.16 | 0.49 |
| Net profit | 5.23 | 5.48 | 3.17 | 2.95 | 1.47 |
| Net profit margin | +17.2% | +24.0% | +14.5% | +13.9% | +7.3% |
| EPS (₹) | 4.95 | 7.30 | 110.97 | 101.37 | 49.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 10.55 | 7.54 | 0.29 | 0.29 | 0.29 |
| Reserves & surplus | 30.72 | 9.52 | 11.27 | 8.07 | 5.13 |
| Shareholders' funds (net worth) | 41.27 | 17.06 | 11.56 | 8.36 | 5.42 |
| Secured loans | 1.96 | 0.00 | 0.36 | 0.00 | 0.37 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 1.96 | 0.00 | 0.36 | 0.00 | 0.37 |
| Total liabilities | 43.66 | 17.41 | 12.23 | 8.64 | 6.09 |
| Assets | |||||
| Gross block | 6.58 | 4.57 | 3.64 | 3.15 | 2.80 |
| Net block | 3.96 | 2.03 | 1.31 | 0.93 | 0.81 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 12.47 | 6.39 | 4.43 | 3.09 | 0.00 |
| Inventories | 2.34 | 2.08 | 1.84 | 1.46 | 1.05 |
| Sundry debtors | 7.96 | 5.55 | 3.39 | 3.88 | 6.79 |
| Cash & bank balances | 14.33 | 1.29 | 2.07 | 1.06 | 0.07 |
| Loans & advances | 0.70 | 0.41 | 0.36 | 0.24 | 0.36 |
| Total current assets | 25.33 | 9.33 | 7.66 | 6.64 | 8.27 |
| Total current liabilities | 1.55 | 1.55 | 1.65 | 2.49 | 3.43 |
| Net working capital | 23.78 | 7.78 | 6.01 | 4.15 | 4.84 |
| Total assets | 43.66 | 17.41 | 12.23 | 8.64 | 6.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 1.29 | 2.07 | 1.06 | 0.07 | 0.05 |
| Net cash from operating activities | 0.19 | 1.91 | 2.09 | 4.69 | 0.07 |
| Net cash from investing activities | (8.08) | (2.30) | (1.42) | (3.29) | (0.07) |
| Net cash from financing activities | 20.93 | (0.39) | 0.33 | (0.41) | 0.02 |
| Net change in cash | 13.04 | (0.78) | 1.01 | 0.99 | 0.02 |
| Closing cash | 14.33 | 1.29 | 2.07 | 1.06 | 0.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +33.2% | +4.0% | +3.6% | +4.5% | - |
| EBITDA growth | -12.7% | +72.3% | -4.3% | +94.9% | - |
| PBT growth | -4.9% | +70.1% | +6.4% | +108.7% | +9997.0% |
| Net income growth | -4.6% | +72.9% | +7.5% | +100.7% | - |
| Revenue CAGR (3Y) | +12.8% | +4.1% | - | - | - |
| EBITDA CAGR (3Y) | +12.9% | +47.6% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +17.2% | +24.1% | +14.7% | +13.8% | +7.3% |
| Return on capital employed | - | +50.3% | +42.3% | +56.5% | +32.8% |
| Return on net worth | - | +38.4% | +32.3% | +42.7% | +26.8% |
| Debt / equity | - | 0.01 | 0.02 | 0.03 | 0.07 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.35 | 0.76 | 1.63 | 1.52 | 3.14 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 5.56 | 6.46 | 7.12 | 7.24 |
| Inventory turnover | - | 11.64 | 13.30 | 16.88 | 19.30 |
| Debtors turnover | - | 5.11 | 6.04 | 3.97 | 2.98 |
| EPS (₹) | 4.95 | 7.30 | 110.97 | 101.37 | 49.85 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 22.62 | 398.52 | 288.19 | 186.83 |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Mehul Colours Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Mehul Colours Limited
Mehul Colours has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Pravinchandra Joshi | Managing Director | 01 Feb 2001 | 25 Years 8 Months | Current |
| Bhakti Mehul Joshi | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Khyati Chetan Gandhi Also directs: Travel 360 (Degree) Tours & Travels Private Limited | Director | 12 Mar 2025 | 1 Years 7 Months | Current |
| Jyoti Abhay Jain | Director | 12 Mar 2025 | 1 Years 7 Months | Current |
| Hiral Rasikbhai Joshi | Director | 12 Mar 2025 | 1 Years 7 Months | Current |
| Tejas Harish Joshi | Additional Director | 05 Sep 2026 | 0 Years 1 Months | Current |
Peer Comparison of Mehul Colours Limited
Mehul Colours Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mehul Colours Limited this company | ₹30.4 Cr (FY 2026) | •••• | •••• | 33.2% | •••• | Mumbai, Maharashtra, India |
| Omkar Puf Insulation Private Limited | ₹24.57 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Navi Mumbai, Maharashtra, India |
| Aditya Polyspin Private Limited | ₹24.27 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Beawar, Rajasthan, India |
| Raffles Green Pet India Private Limited | ₹24.07 Cr (FY 2019) | •••• | •••• | 10.0% | •••• | Kheda, Gujarat, India |
| Shree Vinyls Private Limited | ₹23.91 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Quality Plast Industries Limited | ₹23.75 Cr (FY 2025) | •••• | •••• | •••• | Wada, Maharashtra, India | |
| Sri Lakshmi Rosin Private Limited | ₹23.66 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Malur, Karnataka, India |
| Nirmala Filaments India Private Limited | ₹23.57 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Alappuzha, Kerala, India |
| Minocha Enterprises Private Limited | ₹23.57 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Sharda Proplene Private Limited | ₹23.54 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Padmavati Resins Private Limited | ₹23.31 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mehul Colours by revenue in the Manufacturing industry (Plastics and Resins), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Mehul Colours Limited
Open charges
₹2.35 Cr
Satisfied charges
₹1.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2026 | Others | ₹1.53 Cr | Open |
| 02 Mar 2026 | Others | ₹65.59 Lakh | Open |
| 08 Oct 2010 | Punjab and Maharashtra Co-Op. Bank Ltd. | ₹17 Lakh | Open |
| 17 Oct 2014 | Bank of India | ₹30 Lakh | Satisfied |
| 29 Aug 2000 | Bank of India | ₹3.6 Lakh | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Mehul Colours Limited
Mehul Colours Limited has 5 deals on record (4 market trades, 1 ipo); the latest was in February 2026.
Total deals
5
Market trades
4
IPO
1
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹39 Lakh | Buyer: an individual Seller: an individual |
| Dec 2025 | Market trade | ₹52.5 Lakh | Buyer: an individual |
| Aug 2025 | Market trade | ₹44.9 Lakh | Buyer: an individual |
| Aug 2025 | IPO | ₹21.66 Cr | Investors: Fortune Hands Growth Fund Scheme I, Cognizant Capital Dynamic Opportunities Fund, Evergrow Capital Opportunities Fund |
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Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Mehul Colours Limited
Employment history and EPFO contributions of people linked to Mehul Colours.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mehul Colours Limited
Mehul Colours Limited has 9 board changes on record since 2001: 7 appointments and 2 cessations. The latest: Tejas Harish Joshi was appointed as Additional Director on 05 Sep 2026.
Appointed
Tejas Harish Joshi was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 1.53 Cr with Charge ID 101343978 was registered on 23 Jul 2026.
Charges
A charge with Others amounted to Rs. 0.66 Cr with Charge ID 101255943 was registered on 02 Mar 2026.
AGM
Mehul Colours Limited last Annual general meeting of members was held on 04 Aug 2025 as per latest MCA records.
Filing
Mehul Colours Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Hiral Rasikbhai Joshi was appointed as Director.
Appointed
Jyoti Abhay Jain was appointed as Director.
Ceased
Jyoti Abhay Jain ceased to be Additional Director.
Appointed
Khyati Chetan Gandhi was appointed as Director.
Ceased
Khyati Chetan Gandhi ceased to be Additional Director.
Appointed
Shilpa Karan Mehta was appointed as Company Secretary.
Charges
A charge registered on 17 Oct 2014 via Charge ID 10530558 with Bank Of India was fully satisfied on 28 Dec 2015.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mehul Colours Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Mehul Colours Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Mehul Colours Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Mehul Colours Limited
Mehul Colours has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM8404E1ZP | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Mehul Colours Limited
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MCA filings and documents
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Frequently Asked Questions about Mehul Colours Limited
Mehul Colours is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 12 December 1995 (31+ years old) and is registered under CIN L25209MH1995PLC095225. Listed on BSE: 544472.
Mehul Colours reported revenue of ₹30.4 Cr for FY 2025-26 (up 33.2% YoY) based on standalone financials.
Mehul Colours has 6 current directors:
- Mehul Pravinchandra Joshi - Managing Director
- Bhakti Mehul Joshi - Whole-Time Director
- Khyati Chetan Gandhi - Director
- Jyoti Abhay Jain - Director
- Hiral Rasikbhai Joshi - Director
- Tejas Harish Joshi - Additional Director
The GSTIN of Mehul Colours is 27AABCM8404E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mehul Colours is L25209MH1995PLC095225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mehul Colours is listed on BSE with code 544472.
Mehul Colours was incorporated on 12 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Mehul Colours has 5 deals on record (4 market trades, 1 ipo); the latest was in February 2026.
The peers of Mehul Colours by revenue are Omkar Puf Insulation Private Limited, Aditya Polyspin Private Limited, Raffles Green Pet India Private Limited, Shree Vinyls Private Limited, Quality Plast Industries Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Tejas Harish Joshi was appointed as Additional Director on 05 Sep 2026. Hiral Rasikbhai Joshi was appointed as Director on 12 Mar 2025. Jyoti Abhay Jain was appointed as Director on 12 Mar 2025. Mehul Colours has 9 board changes on record in total.
Yes, Mehul Colours is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0009822).