About Merck Performance Materials Private Limited
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Merck Performance Materials Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Merck Performance Materials Pte. Ltd, Singapore. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 23 April 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46521MH1987PTC043235. Its GSTIN is 27AABCC5609B1Z4 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.49 Cr. It was formerly known as Chemtreat Composites India Private Limited and Deepu Trading Private Limited. It is led by directors Abhishek Kumar Agrawal (Managing Director) and Ketan Bakhshi.
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 8th Floor Godrej One Godrej Compound Vikhroli (East), Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹183.8 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹6.66 Cr (net margin 3.6%) and EBITDA of ₹13.58 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Merck. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹33 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹8.81 Cr; the latest was in January 2019. Its 7 peer companies in the FMCG industry (Colour Cosmetics, Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Sarna Chemicals Private Limited with revenue of ₹193.99 Cr. The company has 10 MSME Form 1 returns on record between 2016 and 2021, listing 15 overdue payments to 10 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 merckgroup.com.
Company details
Name history
Merck Performance Materials has undergone 2 name changes throughout its history. The company was previously known as Chemtreat Composites India Private Limited, and Deepu Trading Private Limited. The current legal name is Merck Performance Materials Private Limited.
| Company Name | Status |
|---|---|
| Merck Performance Materials Private Limited | Current |
| Chemtreat Composites India Private Limited | Previous |
| Deepu Trading Private Limited | Previous |
CIN history
Merck Performance Materials has one previous CIN (Corporate Identification Number): U51900MH1987PTC043235. The current CIN is U46521MH1987PTC043235, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46521MH1987PTC043235 | Current |
| U51900MH1987PTC043235 | Previous |
Contact details
Merck Performance Materials Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address8th Floor Godrej One Godrej Compound Vikhroli (East), Mumbai, Maharashtra, India – 400079
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
- 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
Brands
Merck Performance Materials operates one associated brand: Merck. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Merck is engaged in science and technology solutions globally. | merckgroup.com |
Business activity
The main business activity of Merck Performance Materials 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 Merck Performance Materials Private Limited, buy the company report.
Financials of Merck Performance Materials Private Limited
FY 2024 filings availableMerck Performance Materials Private Limited reported revenue of ₹183.8 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 31% 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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| EBITDA | ₹13.58 Cr | ||||
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| Net Profit (PAT) | ₹6.66 Cr | ||||
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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 | 7.4% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Merck Performance Materials Private Limited, buy the company report.
Board of directors of Merck Performance Materials Private Limited
Merck Performance Materials has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Bakhshi | Director | 29 Jul 2025 | 1 Years 3 Months | Current |
| Abhishek Kumar Agrawal | Managing Director | 15 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Merck Performance Materials Private Limited is compared with the 7 companies closest to it by revenue in the FMCG industry (Colour Cosmetics, Dyes and Pigments), 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 |
|---|---|---|---|---|---|---|
| Sarna Chemicals Private Limited | ₹193.99 Cr (FY 2025) | 32.0% | Vapi, Gujarat, India | |||
| Ambani Orgochem Limited | ₹193.93 Cr (FY 2025) | 42.0% | Thane, Maharashtra, India | |||
| Rohan Dyes and Intermediates Ltd | ₹190.01 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Kesar Petroproducts Limited | ₹187.65 Cr (FY 2025) | 20.0% | Ratnagiri, Maharashtra, India | |||
| Merck Performance Materials Private Limitedthis company | ₹183.8 Cr (FY 2025) | ₹6.66 Cr | 3.6% | -1.0% | Mumbai, Maharashtra, India | |
| Alps Chemicals Private Limited | ₹180.41 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| CHT (India) Private Limited | ₹171.68 Cr (FY 2025) | 15.0% | Navi Mumbai, Maharashtra, India | |||
| Shree Swati Texdyes Private Limited | ₹168.65 Cr (FY 2025) | 96.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Merck Performance Materials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2004 | 90241279 | Oriental Bank of Commerce | ₹1 Cr | Open | |
| 31 Dec 2004 | 90244468 | Oriental Bank of Commerce | ₹33 Lakh | Satisfied |
To see the full charge records of Merck Performance Materials Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Merck Performance Materials Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹8.81 Cr; the latest was in January 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Rights issue | ₹80.84 Cr | Investors: Merck Performance Materials Pte. Ltd |
| Dec 2011 | Funding round | ₹8.81 Cr | Investors: Merck Performance Materials Pte. Ltd |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Az Electronic Materials (Luxembourg) Sarl, Merck Performance Materials Pte. Ltd Seller: Clariant Chamicals India Limited & Gaggar Hazarimal Bankatlal, Clariant Chamicals India Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Merck Performance Materials Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SS) | Filed against the company by M/S Chempro Expertise Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by M/S Chempro Expertise Pvt. Ltd. | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 6 | Disposed |
To see the full case history of Merck Performance Materials 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
Merck Performance Materials Private Limited has 10 MSME Form 1 returns on record between 2016 and 2021, listing 15 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jay Instruments and Systems Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Merck Performance Materials Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Merck Performance Materials has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC5609B1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 19AABCC5609B1Z1 | West Bengal | Active | 19 Oct 2017 |
To see the full GST registrations and return filing status of Merck Performance Materials Private Limited, buy the company report.
Recent activity
Merck Performance Materials Private Limited has 21 board changes on record since 2008: 2 appointments and 19 cessations. The latest: Ketan Bakhshi ceased to be Additional Director on 23 Sep 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Merck Performance Materials 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 23 April 1987 (39+ years old) and is registered under CIN U46521MH1987PTC043235.
Merck Performance Materials has 2 current directors:
- Abhishek Kumar Agrawal - Managing Director
- Ketan Bakhshi - Director
The latest financial statements of Merck Performance Materials 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 Merck Performance Materials is 27AABCC5609B1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AABCC5609B1Z1 (West Bengal).
The CIN (Corporate Identification Number) of Merck Performance Materials is U46521MH1987PTC043235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merck Performance Materials has 3 court cases on record: 3 filed against it.
Merck Performance Materials was incorporated on 23 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Merck Performance Materials has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹8.81 Cr; the latest was in January 2019.
The peers of Merck Performance Materials by revenue are Sarna Chemicals Private Limited, Ambani Orgochem Limited, Rohan Dyes and Intermediates Ltd, Kesar Petroproducts Limited, Alps Chemicals Private Limited and 2 more, all in the FMCG industry (Colour Cosmetics, Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ketan Bakhshi ceased to be Additional Director on 23 Sep 2025. Ketan Bakhshi was appointed as Director on 29 Jul 2025. Abhishek Kumar Agrawal was appointed as Managing Director on 15 Jul 2025. Merck Performance Materials has 21 board changes on record in total.
Merck Performance Materials has 10 MSME Form 1 returns on record between 2016 and 2021, listing 15 overdue payments to 10 micro and small suppliers. The latest return was filed on 25 Oct 2021.
Merck Performance Materials can be reached through the website merckgroup.com. Its registered office is in Mumbai, Maharashtra, India.
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