Excell Formulations Private Limited
About Excell Formulations Private Limited
Data last updated:
Excell Formulations Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 18 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1995PTC087403. Its GSTIN is 27AAACE9233E1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Hemant Vasudeo Hajare and Ashok Singh.
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 202 Silverline Opp Houycrosshighschool Oldmumbai Pune Rd, Thane, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.57 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹11,958 (net margin 1.4%) and EBITDA of ₹23,858 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹13.5 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Excell Formulations Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address202 Silverline Opp Houycrosshighschool Oldmumbai Pune Rd, Thane, Maharashtra, India
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Excell Formulations Private 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 Excell Formulations is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Excell Formulations Private Limited, buy the company report.
Financials of Excell Formulations Private Limited
FY 2025 filings availableExcell Formulations Private Limited reported revenue of ₹8.57 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 69% fall in the latest year. EBITDA fell 87% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23,858 | ||||
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| Net Profit (PAT) | ₹11,958 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Excell Formulations Private Limited, buy the company report.
Board of directors of Excell Formulations Private Limited
Excell Formulations has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Vasudeo Hajare Also directs: Excellar Healthcare Private Limited, Perch Fisheries LLP, Pelfizz Biotech Private Limited and 2 more | Director | 18 Apr 1995 | 31 Years 6 Months | Current |
| Ashok Singh | Director | 18 Apr 1995 | 31 Years 6 Months | Current |
| Kausik Chakraborty Also directs: Excellar Healthcare Private Limited | Director | 29 Jul 2011 | 15 Years 2 Months | Current |
| Himanshu Kumar Also directs: Excellar Healthcare Private Limited | Director | 19 Apr 1995 | 31 Years 6 Months | Current |
| Bhaskar Chaudhuri | Director | 29 Jul 2011 | 15 Years 2 Months | Current |
Auditor
Excell Formulations Private Limited is audited by SANJAY & SNEHAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY & SNEHAL | FY 2023 | 118160W |
Shareholding
The shareholding of Excell Formulations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Excell Formulations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2015 | 10578751 | Punjab National Bank | ₹1 Cr | Open | |
| 20 Aug 2009 | 10173804 | Axis Bank Limited | ₹13.5 Lakh | Satisfied |
To see the full charge records of Excell Formulations Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Excell Formulations Private Limited has 5 court cases on record: 4 filed by Excell Formulations, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Court case (TM) | Filed by the company against Ms Exhar Formulations Pvt. Ltd. and 2 others | Disposed |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by an individual | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Excell Formulations Private 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 Excell Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excell Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE9233E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excell Formulations Private Limited, buy the company report.
Recent activity
Excell Formulations Private Limited has 11 board changes on record since 1995: 5 appointments and 6 cessations. The latest: Suvendu Kapilchandra Ghosh ceased to be Director on 10 Mar 2023.
5 earlier events are in the company report.
Frequently asked questions
Excell Formulations is an active private limited company based in Thane, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 18 April 1995 (31+ years old) and is registered under CIN U24230MH1995PTC087403.
Excell Formulations has 5 current directors:
- Hemant Vasudeo Hajare - Director
- Ashok Singh - Director
- Kausik Chakraborty - Director
- Himanshu Kumar - Director
- Bhaskar Chaudhuri - Director
The latest financial statements of Excell Formulations 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 Excell Formulations is 27AAACE9233E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Excell Formulations is U24230MH1995PTC087403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excell Formulations has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Excell Formulations was incorporated on 18 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Suvendu Kapilchandra Ghosh ceased to be Director on 10 Mar 2023. Bhaskar Chaudhuri ceased to be Additional Director on 30 Sep 2011. Kausik Chakraborty ceased to be Additional Director on 30 Sep 2011. Excell Formulations has 11 board changes on record in total.
The registered office of Excell Formulations is at 202 Silverline Opp Houycrosshighschool Oldmumbai Pune Rd, Thane, Maharashtra, India.
Excell Formulations operates in the agriculture industry, in the agro retail and distribution segment.