Modhera Chemicals Private Limited

Modhera Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24110MH1990PTC056141 Incorporated 11 April 1990 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2025
₹35.43 Cr
▲ 4% YoY
Net profit · FY 2025
₹5.57 Cr
Net margin 15.7%
EBITDA · FY 2025
₹7.93 Cr
EBITDA margin 22.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹47.8 Lakh
Issued & subscribed
Satisfied charges
₹3.38 Cr
No open charges
Company age
36 yrs
Est. 1990
Employees · EPFO
56
Provident fund records

About Modhera Chemicals Private Limited

Data last updated:

Modhera Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 11 April 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1990PTC056141. Its GSTIN is 27AAACM9743M1ZX (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹47.8 Lakh. It is led by directors Ketan Lalchand Gandhi (Managing Director) and Shilpa Ketan Gandhi.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 501 Twin Arcade B Wing Military Road Marol Andheri (A), Mumbai, Maharashtra, India – 400059.

As per the financials filed for FY 2025, the company reported a revenue of ₹35.43 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.57 Cr (net margin 15.7%) and EBITDA of ₹7.93 Cr (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.

The company has about 56 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹3.38 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Modhera Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0045553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lnchem.in.

Company details

CIN U24110MH1990PTC056141
Registration Number 056141
Incorporation Date 11 April 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0045553

CIN history

Modhera Chemicals has one previous CIN (Corporate Identification Number): U24110MH2004PTC056141. The current CIN is U24110MH1990PTC056141, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24110MH1990PTC056141Current
U24110MH2004PTC056141Previous
Key People
Ketan Lalchand Gandhi Managing Director Shilpa Ketan Gandhi Director

Recognitions & Rankings of Modhera Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0045553

Contact details

Modhera Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is lnchem.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    lnchem.in
  • Registered Address
    501 Twin Arcade B Wing Military Road Marol Andheri (A), Mumbai, Maharashtra, India – 400059
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Modhera Chemicals Private Limited, buy the company report.

Comprehensive company report
Modhera Chemicals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Modhera Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Modhera Chemicals Private Limited, buy the company report.

Financials of Modhera Chemicals Private Limited

FY 2025 filings available

Modhera Chemicals Private Limited reported revenue of ₹35.43 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹35.43 Cr ▲ 4%
Net profit · FY 2025
₹5.57 Cr margin 15.7%
EBITDA · FY 2025
₹7.93 Cr margin 22.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 3%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 3%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹7.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.57 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin22.4%
Net Profit Margin15.7%
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

To see the full financial statements and ratios of Modhera Chemicals Private Limited, buy the company report.

Board of directors of Modhera Chemicals Private Limited

Modhera Chemicals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shilpa Ketan Gandhi
Also directs: L.N.Chemical Industries Private Limited, Kala Darshan Properties Private Limited, L.N.Exim Private Limited
Director22 Jul 200521 Years 3 MonthsCurrent
Ketan Lalchand Gandhi
Also directs: L.N.Chemical Industries Private Limited, Kala Darshan Properties Private Limited, L.N.Exim Private Limited
Managing Director11 Apr 199036 Years 6 MonthsCurrent
View all directors

Peer comparison

Modhera Chemicals Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shemrock Organics Private Limited₹36.28 Cr (FY 2018)-31.0%Chandigarh, India
Kip Chemicals Private Limited₹36.04 Cr (FY 2024)74.0%Mumbai, Maharashtra, India
Neoloba Specialty Private Limited₹35.84 Cr (FY 2025)-62.0%Dombivli, Maharashtra, India
Modhera Chemicals Private Limitedthis company₹35.43 Cr (FY 2025)₹5.57 Cr15.7%4.0%56Mumbai, Maharashtra, India
Glide Chem Private Limited₹35.39 Cr (FY 2025)-12.0%New Delhi, Delhi, India
Wasser Chemicals & Systems Private Limited₹35.13 Cr (FY 2025)33.0%Chennai, Tamil Nadu, India
Mivaan Chemtex Private Limited₹35.05 Cr (FY 2025)-18.0%Gandhinagar, Gujarat, India

To see the full peer comparison of Modhera Chemicals Private Limited, buy the company report.

Auditor

Modhera Chemicals Private Limited is audited by LALIT MEHTA & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
LALIT MEHTA & CO.FY 2024015135

Shareholding

The shareholding of Modhera Chemicals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Modhera Chemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹3.38 Cr
Breakdown by lending institutions
Yes Bank Limited₹2.00 Cr
Sarswat Co.Op. Bank Ltd.₹0.64 Cr
The Sarswat C0 Op. Bank₹0.20 Cr
The Saraswat Co-Operative Bank Limited₹0.15 Cr
The Sarswat Co Op. Bank Ltd.₹0.13 Cr
Others₹0.26 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Aug 201210370232Yes Bank Limited₹1 CrSatisfied
27 Jul 201210370231Yes Bank Limited₹1 CrSatisfied
24 Dec 200810138282The Saraswat Co-Operative Bank Limited₹15 LakhSatisfied
13 Sep 200710068576The Saraswat Co-Operative Bank Ltd₹10.38 LakhSatisfied
22 Dec 200590349448The Saraswat Co-Op. Bank Ltd.₹7.5 LakhSatisfied

To see the full charge records of Modhera Chemicals Private Limited, buy the company report.

Total charge records: 9 View all charges

Credit ratings & regulatory alerts

Modhera Chemicals Private Limited was last rated by Crisil on 27 Apr 2019.

Rating agencyRated onRating
Crisil27 Apr 2019

To see the full credit ratings and regulatory alerts of Modhera Chemicals Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Modhera Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Modhera Chemicals Private Limited has a workforce of 56 employees on its EPFO records as of Feb 24, 2025, across 1 active EPFO establishment.

Employee count
56
Active EPFO establishments
1

GST

Modhera Chemicals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACM9743M1ZXMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Modhera Chemicals Private Limited, buy the company report.

Recent activity

Modhera Chemicals Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Lalchand Nathalal Gandhi ceased to be Managing Director on 14 Jan 2021.

AGM
Modhera Chemicals Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Modhera Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 01 Aug 2012 via Charge ID 10370232 with Yes Bank Limited was fully satisfied on 15 May 2021.
Charges
A charge registered on 27 Jul 2012 via Charge ID 10370231 with Yes Bank Limited was fully satisfied on 15 May 2021.
Ceased
Lalchand Nathalal Gandhi ceased to be Managing Director.
Ceased
Nila Lalchand Gandhi ceased to be Director.
Charges
A charge with Yes Bank Limited of Rs. 1.00 Cr registered on 01 Aug 2012 with Charge ID 10370232 was modified on 04 Oct 2016.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10370232 was registered on 01 Aug 2012.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10370231 was registered on 27 Jul 2012.
Charges
A charge registered on 24 Dec 2008 via Charge ID 10138282 with The Saraswat Co-Operative Bank Limited was fully satisfied on 18 Jul 2012.
Charges
A charge registered on 21 Dec 1992 via Charge ID 80030778 with Sarswat Co.Op. Bank Ltd. was fully satisfied on 18 Jul 2012.
Charges
A charge registered on 13 Sep 2007 via Charge ID 10068576 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 09 Nov 2010.

15 earlier events are in the company report.

Frequently asked questions

Modhera Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 11 April 1990 (36+ years old) and is registered under CIN U24110MH1990PTC056141.

Modhera Chemicals has 2 current directors:

The latest financial statements of Modhera Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Modhera Chemicals is 27AAACM9743M1ZX, registered in Maharashtra.

The CIN (Corporate Identification Number) of Modhera Chemicals is U24110MH1990PTC056141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Modhera Chemicals has 1 court case on record: 1 filed by the company.

Modhera Chemicals was incorporated on 11 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Modhera Chemicals by revenue are Shemrock Organics Private Limited, Kip Chemicals Private Limited, Neoloba Specialty Private Limited, Glide Chem Private Limited, Wasser Chemicals & Systems Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Lalchand Nathalal Gandhi ceased to be Managing Director on 14 Jan 2021. Nila Lalchand Gandhi ceased to be Director on 10 Aug 2018. Shilpa Ketan Gandhi was appointed as Director on 22 Jul 2005. Modhera Chemicals has 4 board changes on record in total.

Yes, Modhera Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0045553).

Modhera Chemicals can be reached through the website lnchem.in. Its registered office is in Mumbai, Maharashtra, India.