- Total income
- ₹4,626 Cr
- Profit
- ₹267 Cr

About Imcd India Private Limited
Data last updated:
Imcd India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Imcd Group B.V.. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 27 November 2014 and has been in existence for over 12 years.
Imcd India is ranked #156 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2014PTC259765. Its GSTIN is 27AADCI6794B1ZG (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹79.26 Cr. It is led by directors Narendra Sujit Varde (Managing Director) and Ramanuj Chandrashekhar Kankani.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,155.44 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹266.71 Cr (net margin 12.4%) and EBITDA of ₹656.67 Cr (EBITDA margin 30.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 50% over five years.
The company has about 262 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: IMCD, Signet Excipients and Parkash Group. As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 20 cases involving the company, including 18 filed by the company and 2 filed against it; 11 cases are pending. The company has 10 deals on record (8 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹6,737.32 Cr; the latest was in March 2025. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 220 overdue payments to 37 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imcdgroup.com.
Company details
Recognitions & Rankings of Imcd India
Contact details
Imcd India Private Limited's registered office is in Mumbai, Maharashtra. Its website is imcdgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address24th Floor The Ruby 29 Senapati Bapat Marg, Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Imcd India 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
Brands
Imcd India operates multiple associated brands including IMCD, Signet Excipients, and Parkash Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Speciality chemicals and food ingredients are distributed by IMCD. | imcdgroup.com | |
| Pharmaceutical excipients and products are retailed by Signet in India. | signetexcipients.com | |
| Distributor of specialty chemicals for various industries including paints and coatings, construction chemicals, plastics, personal care, adhesives, and printing inks. It sources products from European and Japanese suppliers and provides these to its customers. The company focuses on building strong relationships with both suppliers and clients to ensure competitive pricing and timely product delivery. Its operations involve supplying a wide array of chemical products such as resins, metallic pigments, aluminum pastes, and carbon black. | parkashgroup.com |
Business activity
The main business activity of Imcd India 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 Imcd India Private Limited, buy the company report.
Financials of Imcd India Private Limited
FY 2025 filings availableImcd India Private Limited reported revenue of ₹2,155.44 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 17% growth in the latest year. EBITDA rose 374% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2,155.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹656.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹266.71 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | 12.4% | ||||
| 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 Imcd India Private Limited, buy the company report.
Board of directors of Imcd India Private Limited
Imcd India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanuj Chandrashekhar Kankani Also directs: Trichem Lifesciences Limited, Trichem Healthcare Private Limited, Champion Software Technologies Limited and 1 more | Director | 04 Dec 2018 | 7 Years 10 Months | Current |
| Narendra Sujit Varde | Managing Director | 24 May 2023 | 3 Years 4 Months | Current |
Auditor
Imcd India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2025 | 117366W/W-100018 |
Shareholding
The shareholding of Imcd India Private 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 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Imcd India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2015 | 10595285 | Others | ₹5 Cr | Open |
To see the full charge records of Imcd India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Imcd India Private Limited has 10 deals on record (8 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹6,737.32 Cr; the latest was in March 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round | ₹229.21 Cr | Investors: IMCD Group BV |
| Jan 2024 | Funding round | ₹2,622.6 Cr | Investors: IMCD Group BV |
| Apr 2023 | Funding round | ₹200.69 Cr | Investors: IMCD Group BV |
| Dec 2022 | Funding round | ₹372 Cr | Investors: IMCD Group BV |
| Sep 2019 | Funding round | ₹3,032.76 Cr | Investors: IMCD Group BV |
To see the full deal history of Imcd India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Imcd India Private Limited has 20 court cases on record: 18 filed by Imcd India, 2 filed against it. 11 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 0 | 9 |
| High courts | 5 | 2 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Goodway Chemicals Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against M/S Ags Visions Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Vantex Paints Pvt.Ltd. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S.Navkar Corporation Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Belleza Cosmetics Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Imcd India 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
Imcd India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 220 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maa Air Ticket Centre Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Speciality Organics Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Imcd India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Imcd India has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Signet Excipients Private Limited | U24299MH2019PTC319152 | |
| Valuetree Ingredients Private Limited | U74110MH2000PTC126561 |
To see the full group structure of Imcd India Private Limited, buy the company report.
Employees & EPFO
Imcd India Private Limited has a workforce of 262 employees on its EPFO records as of Aug 02, 2025, across 1 active EPFO establishment.
GST
Imcd India has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI6794B1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AADCI6794B2ZF | Maharashtra | Active | 14 Jul 2017 |
| 24AADCI6794B1ZM | Gujarat | Active | 01 Jul 2017 |
| 33AADCI6794B1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Imcd India Private Limited, buy the company report.
Recent activity
Imcd India Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Narendra Sujit Varde ceased to be Additional Director on 25 Jun 2023.
2 earlier events are in the company report.
News
Frequently asked questions
Imcd India is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 27 November 2014 (12+ years old) and is registered under CIN U51101MH2014PTC259765.
Imcd India has 2 current directors:
- Narendra Sujit Varde - Managing Director
- Ramanuj Chandrashekhar Kankani - Director
The latest financial statements of Imcd India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Imcd India is 27AADCI6794B1ZG, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCI6794B2ZF (Maharashtra), 24AADCI6794B1ZM (Gujarat), 33AADCI6794B1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Imcd India is U51101MH2014PTC259765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Imcd India has 20 court cases on record: 18 filed by the company and 2 filed against it. 11 are pending. Most are in the district courts.
Imcd India was incorporated on 27 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Imcd India has 10 deals on record (8 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹6,737.32 Cr; the latest was in March 2025.
Narendra Sujit Varde ceased to be Additional Director on 25 Jun 2023. Narendra Sujit Varde was appointed as Managing Director on 24 May 2023. Andre Maurits Bouwman ceased to be Director on 05 Jun 2020. Imcd India has 9 board changes on record in total.
Imcd India has 14 MSME Form 1 returns on record between 2019 and 2024, listing 220 overdue payments to 37 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Imcd India can be reached through the website imcdgroup.com. Its registered office is in Mumbai, Maharashtra, India.