Mohnish Chemicals Pvt Ltd
About Mohnish Chemicals Pvt Ltd
Data last updated:
Mohnish Chemicals Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 07 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1992PTC069935. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Avinash Bhavri and Nikesh Mayur Patel.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.51 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net loss of ₹24,588 (net margin 0%) and EBITDA of ₹3.28 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 196% over three years.
As per MCA filings, the company has satisfied charges of ₹65 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mohnish Chemicals Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address101 Sinchan Apartments Off Veera Desai Road New Link Road Near Bellevue Nursing Hom, E Andheri, Mumbai, Maharashtra, India – 400053
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Mohnish Chemicals Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Mohnish Chemicals 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 Mohnish Chemicals Pvt Ltd, buy the company report.
Financials of Mohnish Chemicals Pvt Ltd
FY 2017 filings availableMohnish Chemicals Pvt Ltd reported revenue of ₹15.51 Cr (up 134% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 196% over three years, including 134% growth in the latest year. EBITDA rose 106% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹15.51 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.28 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹24,588 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.2% | ||
| Net Profit Margin | 0% | ||
| 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 Mohnish Chemicals Pvt Ltd, buy the company report.
Board of directors of Mohnish Chemicals Pvt Ltd
Mohnish Chemicals has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Bhavri Also directs: Steps W2v Private Limited | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
| Nikesh Mayur Patel | Director | 26 Apr 2019 | 7 Years 6 Months | Current |
| Ravi Banarasilal Kapoor Also directs: Varanium Lifestyle Limited, Sparv Enviro Private Limited, Sparv Cleantech Private Limited and 2 more | Additional Director | 09 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Mohnish Chemicals Pvt Ltd is compared with the 4 companies closest to it by revenue in the Chemicals industry (Industrial 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P-Met High-Tech Company Private Limited | ₹15.56 Cr (FY 2025) | 7.0% | Vadodara, Gujarat, India | |||
| Mohnish Chemicals Pvt Ltdthis company | ₹15.51 Cr (FY 2017) | -₹24,588 | 0% | 134.0% | Mumbai, Maharashtra, India | |
| Swathi Organics & Specialities Private Limited | ₹15.5 Cr (FY 2025) | 145.0% | Chennai, Tamil Nadu, India | |||
| Aasmee Specialities Private Limited | ₹15.42 Cr (FY 2025) | 63.0% | Ahmedabad, Gujarat, India | |||
| Sahyog Aromatics Private Limited | ₹15.42 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Mohnish Chemicals Pvt Ltd, buy the company report.
Auditor
Mohnish Chemicals Pvt Ltd is audited by ATUL DOSHI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL DOSHI & ASSOCIATES | FY 2017 | 117439W |
Shareholding
The shareholding of Mohnish Chemicals Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mohnish Chemicals Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2001 | 80064441 | Shivajirao Bhosale Sahakari Bank Limited | ₹40 Lakh | Satisfied | |
| 26 Nov 2001 | 80064442 | Shivajireo Bhosale Sahakari Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Mohnish Chemicals Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mohnish Chemicals Pvt Ltd has 1 court case on record: 1 filed by Mohnish Chemicals. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Pune Municipal Corporation Etc 1 | Disposed |
To see the full case history of Mohnish Chemicals Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Mohnish Chemicals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mohnish Chemicals has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mohnish Chemicals Pvt Ltd, buy the company report.
Recent activity
Mohnish Chemicals Pvt Ltd has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Nikesh Mayur Patel was appointed as Director on 26 Apr 2019.
8 earlier events are in the company report.
Frequently asked questions
Mohnish Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 07 December 1992 (34+ years old) and is registered under CIN U24110MH1992PTC069935.
Mohnish Chemicals has 3 current directors:
- Avinash Bhavri - Director
- Nikesh Mayur Patel - Director
- Ravi Banarasilal Kapoor - Additional Director
The latest financial statements of Mohnish Chemicals on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Mohnish Chemicals has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mohnish Chemicals is U24110MH1992PTC069935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mohnish Chemicals has 1 court case on record: 1 filed by the company.
Mohnish Chemicals was incorporated on 07 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mohnish Chemicals by revenue are P-Met High-Tech Company Private Limited, Swathi Organics & Specialities Private Limited, Aasmee Specialities Private Limited, Sahyog Aromatics Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Nikesh Mayur Patel was appointed as Director on 26 Apr 2019. Avinash Bhavri was appointed as Director on 10 Aug 2018. Mohnish Ashok Shukla ceased to be Additional Director on 10 Aug 2018. Mohnish Chemicals has 12 board changes on record in total.
The registered office of Mohnish Chemicals is at 101 Sinchan Apartments Off Veera Desai Road New Link Road Near Bellevue Nursing Hom, E Andheri, Mumbai, Maharashtra, India – 400053.
Mohnish Chemicals operates in the chemicals and materials industry, in the industrial chemicals segment.