- Udyam number
- UDYAM-MH-18-0043995

About Merit Polychem Pvt. Ltd.
Data last updated:
Merit Polychem Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 29 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24232WB1994PTC062715. Its GSTIN is 19AABCM7710M1Z6 (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12.95 Lakh. It is led by directors Basant Kumar Atmaram Kejriwal and Abhay Basant Kejriwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 180 S P Mukherjee Road, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.11 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹19.07 Lakh (net margin 1.5%) and EBITDA of ₹48.46 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1 Cr on record.
Merit Polychem Pvt. Ltd. is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0043995). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meritpolychem.in.
CIN History of Merit Polychem Pvt. Ltd.
Merit Polychem has one previous CIN (Corporate Identification Number): U99999WB1994PTC062715. The current CIN is U24232WB1994PTC062715, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232WB1994PTC062715 | Current |
| U99999WB1994PTC062715 | Previous |
Recognitions & Rankings of Merit Polychem
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address180 S P Mukherjee Road, Kolkata, West Bengal, India – 700026
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 Merit Polychem Pvt. Ltd.
The main business activity of Merit Polychem is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Merit Polychem Pvt. Ltd. FY 2024 filings available
Merit Polychem Pvt. Ltd. reported revenue of ₹13.11 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Merit Polychem Pvt. Ltd.
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 26% 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 Merit Polychem Pvt. Ltd.
| 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 | ₹48.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.07 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Merit Polychem Pvt. Ltd.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| 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 Merit Polychem 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.
Board of Directors of Merit Polychem Pvt. Ltd.
Merit Polychem has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basant Kumar Atmaram Kejriwal | Director | 29 Mar 1994 | 32 Years 6 Months | Current |
| Abhay Basant Kejriwal Also directs: Renovize Pharma LLP, Vitamediq Life Science Private Limited | Additional Director | 01 Aug 2013 | 13 Years 2 Months | Current |
Peer Comparison of Merit Polychem Pvt. Ltd.
Merit Polychem Pvt. Ltd. is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knoll Pharmaceuticals Limited | ₹13.12 Cr (FY 2025) | •••• | •••• | 124.0% | •••• | Badli, Delhi, India |
| Andreas Pharma Private Limited | ₹13.12 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Vasai, Maharashtra, India |
| M B and K Pharma Private Limited | ₹13.11 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Varanasi, Uttar Pradesh, India |
| Aakanksha Logistics Private Limited | ₹13.11 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Kaps Three Life Sciences Private Limited | ₹13.11 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Surendranagar, Gujarat, India |
| Merit Polychem Pvt. Ltd. this company | ₹13.11 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Guided Gateway Private Limited | ₹13.1 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Sankrail, West Bengal, India |
| Amegh Pharma Private Limited | ₹13.09 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Graceplus Healthcare Private Limited | ₹13.07 Cr (FY 2025) | •••• | •••• | 203.0% | •••• | Delhi, India |
| Apellon Biotech Private Limited | ₹13.05 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Amritsar, Punjab, India |
| Chandroday Sales & Services Pvt Ltd | ₹13.05 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Merit Polychem by revenue in the Pharma industry (Pharma Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Merit Polychem Pvt. Ltd.
Merit Polychem Pvt. Ltd. is audited by JAGDISH ASHOK & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGDISH ASHOK & CO. | 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.
Ownership and Shareholding of Merit Polychem Pvt. Ltd.
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 Merit Polychem Pvt. Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2021 | Hdfc Bank Limited | ₹2 Cr | Open |
| 26 Jul 2017 | Others | ₹1 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Merit Polychem Pvt. Ltd.
Employment history and EPFO contributions of people linked to Merit Polychem.
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.
Recent Activity on Merit Polychem Pvt. Ltd.
Merit Polychem Pvt. Ltd. has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Bijay Kumar Chowdhary ceased to be Director on 23 May 2017.
Credit Ratings, Litigation & Regulatory Alerts for Merit Polychem Pvt. Ltd.
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.
MSME Payment Delays by Merit Polychem Pvt. Ltd.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Merit Polychem Pvt. Ltd.
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 Merit Polychem Pvt. Ltd.
Merit Polychem has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM7710M1Z6 | West Bengal | Active | 01 Jul 2017 |
| 27AABCM7710M1Z9 | Maharashtra | Active | 01 Jul 2017 |
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 Merit Polychem Pvt. Ltd.
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 Merit Polychem Pvt. Ltd.
Merit Polychem is an active private limited company based in Kolkata, West Bengal, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 29 March 1994 (32+ years old) and is registered under CIN U24232WB1994PTC062715.
Merit Polychem reported revenue of ₹13.11 Cr for FY 2025 (down 7% YoY).
Merit Polychem has 2 current directors:
- Basant Kumar Atmaram Kejriwal - Director
- Abhay Basant Kejriwal - Additional Director
Merit Polychem reported a net profit of ₹19.07 Lakh (net margin 1.5%) and EBITDA of ₹48.46 Lakh (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Merit Polychem is 7% over three years and 18% over five years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Merit Polychem is 19AABCM7710M1Z6, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCM7710M1Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Merit Polychem is U24232WB1994PTC062715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merit Polychem was incorporated on 29 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Merit Polychem by revenue are Knoll Pharmaceuticals Limited, Andreas Pharma Private Limited, M B and K Pharma Private Limited, Aakanksha Logistics Private Limited, Kaps Three Life Sciences Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Bijay Kumar Chowdhary ceased to be Director on 23 May 2017. Abhay Basant Kejriwal was appointed as Additional Director on 01 Aug 2013. Bijay Kumar Chowdhary was appointed as Director on 29 Apr 1995. Merit Polychem has 4 board changes on record in total.
Yes, Merit Polychem is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0043995).