- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0054049

Mol Chem Limited
About Mol Chem Limited
Data last updated:
Mol Chem Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 14 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH2006PLC164579. Its GSTIN is 24AAFCM0668Q1Z0 (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.09 Cr. It is led by directors including Sanjay Bhushan Tiwari and Sadashiva Thaniya Devadiga.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 36W Apeejay House 2nd Floor Dinshaw Vaccha Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2022, the company reported a revenue of ₹21.77 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹32.37 Lakh (net margin -148.7%) and EBITDA of -₹15.23 Lakh (EBITDA margin -70%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 36% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
Mol Chem Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0054049). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mol Chem
Contact details
Mol Chem Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address36W Apeejay House 2nd Floor Dinshaw Vaccha Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Mol Chem Limited, 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 Mol Chem is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mol Chem Limited, buy the company report.
Financials of Mol Chem Limited
FY 2022 filings availableMol Chem Limited reported revenue of ₹21.77 Lakh (down 96% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 96% fall in the latest year. EBITDA fell 151% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.77 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70% | ||||
| Net Profit Margin | -148.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Mol Chem Limited, buy the company report.
Board of directors of Mol Chem Limited
Mol Chem has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Bhushan Tiwari Also directs: Rensun Pharmaceuticals Private Limited | Director | 05 Jun 2012 | 14 Years 4 Months | Current |
| Sadashiva Thaniya Devadiga | Additional Director | 01 Nov 2016 | 9 Years 11 Months | Current |
| Hasmukh Sunderji Ghia | Additional Director | 01 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Mol Chem Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rutika Lifescience Private Limited | ₹22.2 Lakh (FY 2024) | 133.0% | Mumbai, Maharashtra, India | |||
| Shreeon Pharma Private Limited | ₹22 Lakh (FY 2024) | 4.0% | Thane, Maharashtra, India | |||
| Mol Chem Limitedthis company | ₹21.77 Lakh (FY 2022) | -₹32.37 Lakh | -148.7% | -96.0% | Mumbai, Maharashtra, India | |
| Mediclock Healthcare Private Limited | ₹21.74 Lakh (FY 2024) | Surat, Gujarat, India | ||||
| Mundus Pharmaceuticals Private Limited | ₹21.58 Lakh (FY 2024) | -11.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Mol Chem Limited, buy the company report.
Auditor
Mol Chem Limited is audited by MEHTA BHARAT & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA BHARAT & ASSOCIATES | FY 2022 | 106192W |
Shareholding
The shareholding of Mol Chem Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mol Chem Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2016 | 100017500 | Others | ₹5 Cr | Satisfied | |
| 15 May 2010 | 10231143 | Central Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Mol Chem Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mol Chem Limited has 6 court cases on record: 1 filed by Mol Chem, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Sigma Fiscals Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Biwalkar Investments Pvt Ltd Th.Mr. Vijay Paranjpe | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Cadila Pharmaceuticals Limited and 3 others | Disposed |
| Bombay High Court | Company petition | Filed against the company by Film Waves Combine Pvt. Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Globela Pharma Private Limited | Disposed |
To see the full case history of Mol Chem 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
No delayed payments to MSME suppliers are on our record for Mol Chem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mol Chem has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM0668Q1Z0 | Gujarat | Active | 01 Jul 2017 |
| 29AAFCM0668Q2ZP | Karnataka | Active | 21 Sep 2021 |
To see the full GST registrations and return filing status of Mol Chem Limited, buy the company report.
Recent activity
Mol Chem Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Vijal Yogendra Patel ceased to be Additional Director on 24 Feb 2023.
7 earlier events are in the company report.
Frequently asked questions
Mol Chem is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 14 September 2006 (20+ years old) and is registered under CIN U24239MH2006PLC164579.
Mol Chem has 3 current directors:
- Sanjay Bhushan Tiwari - Director
- Sadashiva Thaniya Devadiga - Additional Director
- Hasmukh Sunderji Ghia - Additional Director
The latest financial statements of Mol Chem on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Mol Chem is 24AAFCM0668Q1Z0, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAFCM0668Q2ZP (Karnataka).
The CIN (Corporate Identification Number) of Mol Chem is U24239MH2006PLC164579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mol Chem has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Mol Chem was incorporated on 14 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mol Chem by revenue are Rutika Lifescience Private Limited, Shreeon Pharma Private Limited, Mediclock Healthcare Private Limited, Mundus Pharmaceuticals Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Vijal Yogendra Patel ceased to be Additional Director on 24 Feb 2023. Yogendra Dahyabhai Patel ceased to be Additional Director on 24 Feb 2023. Hasmukh Sunderji Ghia was appointed as Additional Director on 01 Nov 2016. Mol Chem has 11 board changes on record in total.
Yes, Mol Chem is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0054049).
The registered office of Mol Chem is at 36W Apeejay House 2nd Floor Dinshaw Vaccha Road Churchgate, Mumbai, Maharashtra, India – 400020.

