MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0043995
Merit Polychem Pvt. Ltd. - pharma in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.11 Cr
▼ 7% YoY
Net profit · FY 2025
₹19.07 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹48.46 Lakh
EBITDA margin 3.7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹12.95 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹1 Cr
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
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.
Company Details of Merit Polychem Pvt. Ltd.
CIN U24232WB1994PTC062715
Registration Number 062715
Incorporation Date 29 March 1994
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0043995
CIN History
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
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address180 S P Mukherjee Road, Kolkata, West Bengal, India – 700026
- IndustryPharma, Pharmaceutical Retailers & Distributors
Comprehensive company report
Merit Polychem Pvt. Ltd. - 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 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 |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Merit Polychem Pvt. Ltd.
FY 2024 filings availableMerit Polychem Pvt. Ltd. reported revenue of ₹13.11 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹13.11 Cr ▼ 7%
Net profit · FY 2025
₹19.07 Lakh margin 1.5%
EBITDA · FY 2025
₹48.46 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 7%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 8%
5 years · compounded
▲ 8%
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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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, and every line for FY 2020-21 to FY 2023-24, 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.
: available in the company report
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.
Current Directors
| 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
Merit Polychem Pvt. Ltd. is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading). 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 |
| M B and K Pharma Private Limited | ₹13.11 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Varanasi, Uttar Pradesh, 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 |
| Graceplus Healthcare Private Limited | ₹13.07 Cr (FY 2025) | •••• | •••• | 203.0% | •••• | Delhi, India |
Peers are the companies nearest to Merit Polychem by revenue, above and below it, in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹2 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| 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
Employment history and EPFO contributions of people linked to Merit Polychem.
: available in the company report
Recent Activity
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.
AGM
Merit Polychem Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 26 Jul 2017 via Charge ID 100121629 with Others was fully satisfied on 30 Apr 2025.
Filing
Merit Polychem Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100437286 was registered on 20 Mar 2021.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100121629 was registered on 26 Jul 2017.
Ceased
Bijay Kumar Chowdhary ceased to be Director.
Appointed
Abhay Basant Kejriwal was appointed as Additional Director.
Appointed
Bijay Kumar Chowdhary was appointed as Director.
Appointed
Basant Kumar Atmaram Kejriwal was appointed as Director.
Incorporation
29 Mar 1994
Merit Polychem Pvt. Ltd. was registered on 29 Mar 1994 with Roc Kolkata & aged 32 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Merit Polychem has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM7710M1Z6 | West Bengal | Active | 01 Jul 2017 |
| 27AABCM7710M1Z9 | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 2 current directors:
- Basant Kumar Atmaram Kejriwal - Director
- Abhay Basant Kejriwal - Additional Director
The latest financial statements of Merit Polychem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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, M B and K Pharma Private Limited, Kaps Three Life Sciences Private Limited, Graceplus Healthcare Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
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).
Merit Polychem can be reached through the website meritpolychem.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Merit Polychem is at 180 S P Mukherjee Road, Kolkata, West Bengal, India – 700026.