Chittal Chemicals Limited
About Chittal Chemicals Limited
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Chittal Chemicals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 19 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24222MH1989PLC051416. Its GSTIN is 27AABCC5190M1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10.74 Lakh. It is led by directors including Chandrakant Vadilal Shah and Chittal Chandrakant Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/26 Antop Hill Warehousing Complex Vidyalankar College Road Wadala (East), Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.92 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Lakh (net margin 69%) and EBITDA of ₹3.24 Lakh (EBITDA margin 82.7%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 3% over five years.
Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chittal Chemicals Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/26 Antop Hill Warehousing Complex Vidyalankar College Road Wadala (East), Mumbai, Maharashtra, India – 400037
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Chittal Chemicals 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
Financials of Chittal Chemicals Limited
FY 2025 filings availableChittal Chemicals Limited reported revenue of ₹3.92 Lakh (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.92 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.7 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.7% | ||||
| Net Profit Margin | 69% | ||||
| 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 Chittal Chemicals Limited, buy the company report.
Board of directors of Chittal Chemicals Limited
Chittal Chemicals has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Vadilal Shah Also directs: Mahalaxmi Stock Fin Limited, Mahalaxmi Dyes and Chemicals Limited, CVS Infrastructure Private Limited and 2 more | Director | 19 Apr 1989 | 37 Years 6 Months | Current |
| Chittal Chandrakant Shah Also directs: Araya Ventures LLP, Zalawad Agro Industries Private Limited, Ardham Logistics and Infrastructure Private Limited and 2 more | Director | 07 Dec 1998 | 27 Years 10 Months | Current |
| Shreepal Chandrakant Shah | Director | 07 Jun 2005 | 21 Years 4 Months | Current |
Auditor
Chittal Chemicals Limited is audited by B R A H M AND ASSOCIATES Chartered Accountants for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R A H M AND ASSOCIATES Chartered Accountants | FY 2024 | 0102153W |
Shareholding
The shareholding of Chittal Chemicals 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 category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chittal Chemicals Limited, buy the company report.
Legal cases
Chittal Chemicals Limited has 13 court cases on record: 10 filed by Chittal Chemicals, 3 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 2 |
| District courts | 5 | 3 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against M/S. Finesse Capital India Pvt. Ltd. | Pending |
| Bombay High Court | Court case (CAF) | Filed by the company against M/S. Finesse Capital India Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S Finesse Capital India Pvt Ltd | Disposed |
| Bombay High Court | Court case (CAF) | Filed by the company against M/S. Finesse Capital India Pvt. Ltd. | Disposed |
| Bombay High Court | Commercial suit | Filed by the company against M/S Finesse Capital India Pvt Ltd | Disposed |
To see the full case history of Chittal Chemicals 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 Chittal Chemicals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chittal Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC5190M1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chittal Chemicals Limited, buy the company report.
Recent activity
Chittal Chemicals Limited has 3 board changes on record since 1989: 3 appointments. The latest: Shreepal Chandrakant Shah was appointed as Director on 07 Jun 2005.
Frequently asked questions
Chittal Chemicals is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 19 April 1989 (37+ years old) and is registered under CIN U24222MH1989PLC051416.
Chittal Chemicals has 3 current directors:
- Chandrakant Vadilal Shah - Director
- Chittal Chandrakant Shah - Director
- Shreepal Chandrakant Shah - Director
The latest financial statements of Chittal Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chittal Chemicals is 27AABCC5190M1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Chittal Chemicals is U24222MH1989PLC051416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chittal Chemicals has 13 court cases on record: 10 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Chittal Chemicals was incorporated on 19 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Shreepal Chandrakant Shah was appointed as Director on 07 Jun 2005. Chittal Chandrakant Shah was appointed as Director on 07 Dec 1998. Chandrakant Vadilal Shah was appointed as Director on 19 Apr 1989.
The registered office of Chittal Chemicals is at C26 Antop Hill Warehousing Complex Vidyalankar College Road Wadala East, Mumbai, Maharashtra, India – 400037.
Chittal Chemicals operates in the chemicals and materials industry, in the specialty chemicals segment.
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