Denis Chem Lab Limited - packaging in Kalol, Gujarat, India. FY 2026 financials & compliance.
CIN L24230GJ1980PLC003843 Incorporated 15 July 1980 ROC Ahmedabad HQ Kalol, Gujarat, India
Active Listed - BSE: 537536 Public Limited Company packaging MSME · Medium
Data last updated
Market Cap
₹83.19 Cr
DENISCHEM · BSE
Share Price
₹61.51
+2.60% today
Revenue
₹182 Cr
FY 2025-26 · +4.9% YoY
EBITDA
₹17.65 Cr
Margin 9.7%
Net Profit
₹8.41 Cr
FY 2025-26 · +4.1% YoY
P/E (TTM)
16.0x
P/B 0.9x
ROE
9.5%
ROCE 13.9%
Debt / Equity
0.03
Interest cover 7.8x

About Denis Chem Lab Limited

Data last updated:

Denis Chem Lab Limited is a public limited company based in Kalol, Gujarat, India. It operates in the pharmaceutical packaging solutions segment of the packaging sector. It was incorporated on 15 July 1980 and has been in existence for over 46 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24230GJ1980PLC003843. Its GSTIN is 24AAACD4123C1ZH (Gujarat). The company holds 4 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 537536.

The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹13.88 Cr. It was formerly known as Denis Chem Lab P Limited. It is led by directors including Himanshu Chaitanya Patel (Managing Director) and Dineshchandra Bhikhabhai Patel.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Block No 457 Chhatral, Kalol, Gujarat, India – 382729.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹181.72 Cr, a growth of 4.9% compared to the previous year. For the same year it recorded a net profit of ₹8.41 Cr (net margin 4.6%) and EBITDA of ₹17.65 Cr (EBITDA margin 9.7%). The net worth stands at ₹91.58 Cr (up 7.6% YoY). Total assets are valued at ₹96.89 Cr (up 12.2% YoY).

The company has about 160 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Denis Chem Labs. As per MCA filings, the company has open charges of ₹110.98 Cr and satisfied charges of ₹45.23 Cr on record. Court records list 68 cases involving the company, including 38 filed by the company and 30 filed against it; 8 cases are pending. The company has 7 deals on record (6 market trades, 1 rights issue); the latest was in September 2026.

Denis Chem Lab Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0002664). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website denischemlab.com.

Company details

CIN L24230GJ1980PLC003843
Registration Number 003843
Incorporation Date 15 July 1980
ROC Ahmedabad
Listing Status Listed - Listed on BSE (537536)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-09-0002664

CIN history

Denis Chem Lab has one previous CIN (Corporate Identification Number): U24230GJ1980PLC003843. The current CIN is L24230GJ1980PLC003843, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24230GJ1980PLC003843Current
U24230GJ1980PLC003843Previous

Recognitions & Rankings of Denis Chem Lab

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-09-0002664

Contact details

Denis Chem Lab Limited's registered office is in Kalol, Gujarat. Its website is denischemlab.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Block No 457 Chhatral, Kalol, Gujarat, India – 382729
  • Industry
    Packaging, Pharmaceutical Packaging Solutions

To see the full contact details of Denis Chem Lab Limited, buy the company report.

Comprehensive company report
Denis Chem Lab 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
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Secure checkout · GST invoice included

Brands

Denis Chem Lab operates one associated brand: Denis Chem Labs. Each brand links to its own profile.

BrandDescriptionWebsite
Sterile intravenous injectables are manufactured for human and veterinary use.denischemlab.com

Business activity

The main business activity of Denis Chem Lab 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 Denis Chem Lab Limited, buy the company report.

Financials of Denis Chem Lab Limited

FY 2025-26 filings available

Denis Chem Lab Limited reported revenue of ₹181.72 Cr (up 4.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹182 Cr
+4.9% YoY
EBITDA
₹17.65 Cr
+9.6% YoY
Profit After Tax
₹8.41 Cr
+4.1% YoY
Net Worth
₹91.58 Cr
+7.6% YoY
Total Assets
₹96.89 Cr
+12.2% YoY
Total Debt
₹4.18 Cr
+409.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue182173168161137109136
Revenue growth+4.9%+3.3%+4.3%+17.8%+24.9%-19.7%-
EBITDA17.6516.1121.2318.7714.3510.2515.00
EBITDA margin+9.7%+9.3%+12.7%+11.7%+10.5%+9.4%+11.0%
Profit before tax11.8911.1115.1310.908.883.095.73
Net profit8.418.0811.157.856.242.264.22
Net profit margin+4.6%+4.7%+6.6%+4.9%+4.6%+2.1%+3.1%
EPS (₹)6.065.828.045.664.511.633.04
Balance sheet
Total assets96.8986.3681.7974.4470.2771.4574.14
Net worth91.5885.1180.3772.2766.4561.5159.09
Total debt4.180.821.051.933.228.6213.53
Cash & bank29.0026.2325.1516.938.834.543.63
Net working capital57.4044.8442.7736.1829.0528.5727.03
Cash flow
Cash from operations4.1312.0917.8116.3417.077.9713.37
Cash from investing(4.97)(8.23)(14.89)(11.15)(10.14)(1.13)(1.98)
Cash from financing0.44(4.21)(4.21)(4.01)(7.20)(5.51)(13.90)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue39.3544.0046.7545.5246.1743.2841.3842.84
Revenue growth (YoY)-14.8%+1.7%+13.0%+6.3%-3.5%+4.9%--
Other income0.370.450.540.440.650.301.170.30
Total expenses38.6540.1744.2139.4941.9138.4639.3339.02
EBITDA0.703.832.546.034.264.822.053.82
EBITDA margin+1.8%+8.7%+5.4%+13.2%+9.2%+11.1%+5.0%+8.9%
Depreciation1.661.531.741.831.651.611.731.84
Interest0.170.110.200.220.230.190.230.07
Profit before tax(0.76)2.641.144.423.033.321.262.21
Tax(0.18)0.600.741.090.820.840.560.46

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue39.3544.0046.7545.5246.1743.2841.3842.84
Revenue growth (YoY)-14.8%+1.7%+13.0%+6.3%-3.5%+4.9%--
Other income0.370.450.540.440.650.301.170.30
Total expenses38.6540.1744.2139.4941.9138.4639.3339.02
EBITDA0.703.832.546.034.264.822.053.82
EBITDA margin+1.8%+8.7%+5.4%+13.2%+9.2%+11.1%+5.0%+8.9%
Depreciation1.661.531.741.831.651.611.731.84
Interest0.170.110.200.220.230.190.230.07
Profit before tax(0.76)2.641.144.423.033.321.262.21
Tax(0.18)0.600.741.090.820.840.560.46
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue182173168161137109136
Revenue growth+4.9%+3.3%+4.3%+17.8%+24.9%-19.7%-
Other income1.922.371.390.591.050.350.28
Total expenses16415714714212299.07121
Employee cost17.1615.2614.3913.0311.7410.5912.20
EBITDA17.6516.1121.2318.7714.3510.2515.00
EBITDA margin+9.7%+9.3%+12.7%+11.7%+10.5%+9.4%+11.0%
Depreciation6.846.866.957.825.765.966.66
Interest0.840.510.540.640.761.552.89
Profit before tax11.8911.1115.1310.908.883.095.73
Tax3.483.033.983.052.620.831.51
Net profit8.418.0811.157.856.242.264.22
Net profit margin+4.6%+4.7%+6.6%+4.9%+4.6%+2.1%+3.1%
EPS (₹)6.065.828.045.664.511.633.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.8813.8813.8813.8813.8813.8813.88
Reserves & surplus77.7071.2366.4958.3952.5747.6345.21
Shareholders' funds (net worth)91.5885.1180.3772.2766.4561.5159.09
Secured loans3.730.370.140.501.507.468.59
Unsecured loans0.450.450.911.431.721.164.94
Total debt4.180.821.051.933.228.6213.53
Total liabilities96.8986.3681.7974.4470.2771.4574.14
Assets
Gross block12511911110210195.1993.96
Net block37.1138.8237.6235.4241.6641.4045.84
Capital work in progress0.000.070.222.130.000.080.00
Investments0.000.000.000.000.000.000.00
Inventories10.609.8110.199.129.899.118.53
Sundry debtors38.6530.6131.6631.2431.8432.8834.98
Cash & bank balances29.0026.2325.1516.938.834.543.63
Loans & advances7.093.992.371.952.762.032.89
Total current assets85.3470.6469.3759.2453.3248.5650.03
Total current liabilities27.9425.8026.6023.0624.2719.9923.00
Net working capital57.4044.8442.7736.1829.0528.5727.03
Total assets96.8986.3681.7974.4470.2771.4574.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.851.192.481.301.570.242.75
Net cash from operating activities4.1312.0917.8116.3417.077.9713.37
Net cash from investing activities(4.97)(8.23)(14.89)(11.15)(10.14)(1.13)(1.98)
Net cash from financing activities0.44(4.21)(4.21)(4.01)(7.20)(5.51)(13.90)
Net change in cash(0.39)(0.34)(1.29)1.18(0.27)1.33(2.51)
Closing cash29.0026.2325.1516.938.834.543.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.9%+3.3%+4.3%+17.8%+24.9%-19.7%-
EBITDA growth+9.6%-24.1%+13.1%+30.8%+40.0%-31.7%-
PBT growth+7.0%-26.6%+38.8%+22.8%+187.4%-46.1%-3.4%
Net income growth+4.1%-27.5%+42.0%+25.8%+176.1%-46.5%-
Revenue CAGR (3Y)+4.2%+8.3%+15.4%+5.7%+3.2%+0.7%+6.3%
EBITDA CAGR (3Y)-2.0%+3.9%+27.5%+7.8%+1.1%-5.3%+2.6%
Profitability & leverage
Net income margin+4.6%+4.7%+6.6%+4.9%+4.6%+2.1%+3.1%
Return on capital employed+13.9%+13.8%+20.1%+16.0%+13.6%+6.4%+11.1%
Return on net worth+9.5%+9.8%+14.6%+11.3%+9.8%+3.8%+7.3%
Debt / equity0.030.010.020.040.090.180.31
Long-term debt / equity0.010.010.010.020.040.050.06
Interest cover7.775.513.785.848.8536.1334.65
Efficiency & per share
Fixed asset turnover1.491.501.571.591.391.161.47
Inventory turnover17.8117.3317.3816.9214.3712.3916.06
Debtors turnover5.255.575.345.104.223.223.84
EPS (₹)6.065.828.045.664.511.633.04
Dividend per share (₹)2.501.502.502.001.500.750.00
Book value per share (₹)65.9961.3357.9152.0847.8944.3242.58

To see the full year-wise statements and ratios of Denis Chem Lab Limited, buy the company report.

Board of directors of Denis Chem Lab Limited

Denis Chem Lab has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Himanshu Chaitanya PatelManaging Director23 May 198145 Years 5 MonthsCurrent
Dineshchandra Bhikhabhai PatelDirector25 Apr 200719 Years 6 MonthsCurrent
Anar Himanshu PatelDirector30 Mar 199828 Years 7 MonthsCurrent
Hemendrakumar Chamanlal ShahDirector24 Feb 20206 Years 8 MonthsCurrent
Hemang PatelDirector01 Sep 20242 Years 2 MonthsCurrent
Dipak Narendraprasad PatelDirector01 Sep 20242 Years 2 MonthsCurrent

Auditor

Denis Chem Lab Limited is audited by SHAH & SHAH ASSOCIATES for the financial year 2025.

Auditor firmFinancial yearFirm registration number
SHAH & SHAH ASSOCIATESFY 2025113742W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 39.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 61.00%.

Promoters: 39.00%Retail & Others: 61.00%
Mar 2026
QUARTER
39.00% Promoters
61.00% Retail & Others
Promoter holding - history
Now 39.00% · Mar 2026High 39.00% · Jun 2025Low 39.00% · Jun 2025
38%38.5%39%39.5%40%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 39.00%Sep 2025: 39.00%Dec 2025: 39.00%Mar 2026: 39.00%39.00%39.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters39.00%39.00%39.00%39.00%
Public61.00%61.00%61.00%61.00%

Charges & borrowings

Open charges
₹110.98 Cr
Satisfied charges
₹45.23 Cr
Breakdown by lending institutions
Axis Bank Limited₹110.98 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Sep 2024100970640Axis Bank Limited₹25.68 CrOpen
12 Apr 201210350140Axis Bank Limited₹25.68 CrOpen
23 Mar 201210345561Axis Bank Limited₹25.68 CrOpen
11 Feb 201210339513Axis Bank Limited₹33.94 CrOpen
20 Oct 2020100390958Axis Bank Limited₹2.19 CrSatisfied

To see the full charge records of Denis Chem Lab Limited, buy the company report.

Total charge records: 22 View all charges

Deals & funding

Denis Chem Lab Limited has 7 deals on record (6 market trades, 1 rights issue); the latest was in September 2026.

Total deals
7
Market trades
6
Rights issue
1

Deals on record (5 of 7)

WhenDealAmountParties
Sep 2026Market trade₹1.13 CrSeller: V-S Holding B.V.
Jul 2026Market trade₹72.4 LakhSeller: V-S Holding B.V.
Jul 2019Market trade₹5.87 CrBuyer: Own Infracon Private Limited
Seller: an individual
Jan 2019Market trade₹1 CrBuyer: Own Infracon Private Limited
Seller: an individual
Oct 2018Market trade₹10.4 CrBuyer: Own Infracon Private Limited
Seller: an individual

To see the full deal history of Denis Chem Lab Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Denis Chem Lab Limited was last rated by Crisil on 22 Jun 2020.

Rating agencyRated onRating
Crisil22 Jun 2020

To see the full credit ratings and regulatory alerts of Denis Chem Lab Limited, buy the company report.

MSME payment delays

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

GST

Denis Chem Lab has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
24AAACD4123C1ZHGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Denis Chem Lab Limited, buy the company report.

Recent activity

Denis Chem Lab Limited has 22 board changes on record since 1981: 15 appointments and 7 cessations. The latest: Gaurang Kantilal Dalal ceased to be Director on 26 Sep 2024.

Filing
Denis Chem Lab Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Denis Chem Lab Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 25.68 Cr registered on 12 Apr 2012 with Charge ID 10350140 was modified on 31 Jan 2025.
Charges
A charge with Axis Bank Limited of Rs. 25.68 Cr registered on 23 Mar 2012 with Charge ID 10345561 was modified on 31 Jan 2025.
Charges
A charge registered on 20 Oct 2020 via Charge ID 100390958 with Axis Bank Limited was fully satisfied on 03 Dec 2024.
Ceased
Gaurang Kantilal Dalal ceased to be Director.
Ceased
Gauri Trivedi ceased to be Director.
Charges
A charge registered on 14 Aug 2020 via Charge ID 100377617 with Bank Of India was fully satisfied on 13 Sep 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 25.68 Cr with Charge ID 100970640 was registered on 03 Sep 2024.
Appointed
Dipak Narendraprasad Patel was appointed as Director.
Appointed
Hemang Patel was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.19 Cr with Charge ID 100390958 was registered on 20 Oct 2020.

62 earlier events are in the company report.

Frequently asked questions

Denis Chem Lab is an active public limited company based in Kalol, Gujarat, India. The company works in pharmaceutical packaging solutions, within the packaging industry. It was incorporated on 15 July 1980 (46+ years old) and is registered under CIN L24230GJ1980PLC003843. Listed on BSE: 537536.

Denis Chem Lab reported revenue of ₹181.72 Cr for FY 2025-26 (up 4.9% YoY) based on standalone financials.

Denis Chem Lab has 6 current directors:

The latest financial statements of Denis Chem Lab on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Denis Chem Lab is 24AAACD4123C1ZH, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Denis Chem Lab is L24230GJ1980PLC003843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Denis Chem Lab is a listed company as per MCA records. Its shares are listed on BSE (code: 537536).

Denis Chem Lab has 68 court cases on record: 38 filed by the company and 30 filed against it. 8 are pending. Most are in the district courts.

Denis Chem Lab was incorporated on 15 July 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Denis Chem Lab has 7 deals on record (6 market trades, 1 rights issue); the latest was in September 2026.