About Lalitha Chem Industries Private Limited
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Lalitha Chem Industries Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 11 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1990PTC059381. Its GSTIN is 27AAACL2445B1Z0 (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.34 Cr. It is led by directors including Veena Subray Hosmane and Suma Subray Hosmane.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 8B – Wing Siddhichs Manavmandircomplex Sector – 1 Ambadiroad Vasairoad(West), Maharashtra, India – 401202.
As per the financials filed for FY 2024, the company reported a revenue of ₹507.64 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹22.31 Cr (net margin 4.4%) and EBITDA of ₹44.29 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 5% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Subray Catal Chem. As per MCA filings, the company has open charges of ₹202.69 Cr and satisfied charges of ₹101.86 Cr on record. Court records list 46 cases involving the company, including 24 filed by the company and 22 filed against it; 20 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.42 Cr; the latest was in March 2014. Its 7 peer companies in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 2 smaller; the largest is Prathista Industries Limited with revenue of ₹561.42 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website subray.com.
Company details
Contact details
Lalitha Chem Industries Private Limited's registered office is in Vasai, Maharashtra. Its website is subray.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 8B – Wing Siddhichs Manavmandircomplex Sector – 1 Ambadiroad Vasairoad(West), Maharashtra, India – 401202
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Lalitha Chem Industries 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
Lalitha Chem Industries operates one associated brand: Subray Catal Chem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality PVC additives for industrial applications. | subray.com |
Business activity
The main business activity of Lalitha Chem Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Lalitha Chem Industries Private Limited, buy the company report.
Financials of Lalitha Chem Industries Private Limited
FY 2024 filings availableLalitha Chem Industries Private Limited reported revenue of ₹507.64 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 20% growth in the latest year. EBITDA rose 14% 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 |
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| EBITDA | ₹44.29 Cr | ||||
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| Net Profit (PAT) | ₹22.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Lalitha Chem Industries Private Limited, buy the company report.
Board of directors of Lalitha Chem Industries Private Limited
Lalitha Chem Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Subray Hosmane Also directs: Subray Catalchem Private Limited, A L A Chemicals Private Limited | Director | 25 Mar 2009 | 17 Years 7 Months | Current |
| Suma Subray Hosmane | Director | 07 Mar 2023 | 3 Years 7 Months | Current |
| Subray Sadashiv Hosmane | Director | 19 Mar 1993 | 33 Years 7 Months | Current |
Peer comparison
Lalitha Chem Industries Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prathista Industries Limited | ₹561.42 Cr (FY 2024) | 28.0% | Yadadri Bhongir, Telangana, India | |||
| Hindustan Organic Chemicals Limited | ₹558.62 Cr (FY 2025) | -22.0% | Kunnathunad, Kerala, India | |||
| The Andhra Petrochemicals Limited | ₹529.64 Cr (FY 2025) | -35.0% | Tanuku, Andhra Pradesh, India | |||
| Salicylates & Chemicals Private Limited | ₹511.8 Cr (FY 2025) | 13.0% | Secunderabad, Telangana, India | |||
| Avj Agrico Private Limited | ₹511.34 Cr (FY 2025) | 1689.0% | Delhi, India | |||
| Lalitha Chem Industries Private Limitedthis company | ₹507.64 Cr (FY 2024) | ₹22.31 Cr | 4.4% | 20.0% | 4 | Vasai, Maharashtra, India |
| Universal Starch Chem Allied Limited | ₹492.39 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Rajshree Fine Chemical Industries India Private Limited | ₹447.5 Cr (FY 2025) | 51.0% | Tilhar, Uttar Pradesh, India |
To see the full peer comparison of Lalitha Chem Industries Private Limited, buy the company report.
Auditor
Lalitha Chem Industries Private Limited is audited by KMA & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KMA & Co | FY 2023 | 111899W |
Shareholding
The shareholding of Lalitha Chem Industries 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Lalitha Chem Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101085173 | Standard Chartered Bank | ₹11 Cr | Open | |
| 25 May 2023 | 100732694 | Others | ₹25 Cr | Open | |
| 01 Mar 2021 | 100431796 | Bank of India | ₹49.86 Cr | Open | |
| 05 Nov 2020 | 100387455 | Canara Bank | ₹2.92 Cr | Open | |
| 25 Sep 2020 | 100379590 | Canara Bank | ₹1.5 Cr | Open |
To see the full charge records of Lalitha Chem Industries Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Lalitha Chem Industries Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.42 Cr; the latest was in March 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Subry Catal Chem Private Limited, 3 individuals |
| Sep 2012 | Funding round | ₹50 Lakh | Investors: 3 individuals |
| Sep 2009 | Funding round | ₹1.92 Cr | Investors: 4 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lalitha Chem Industries Private Limited has 46 court cases on record: 24 filed by Lalitha Chem Industries, 22 filed against it. 20 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 20 | 16 |
| High courts | 9 | 2 | 4 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against M/S Prince SWR Systems Private Limited and Anr | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against M/S Sujala Pipes (P) Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against M/S Rayalaseema Trading Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against M/S Prince SWR Systems Private Limited and 3 others | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S. Atlas PVC Pipes Pvt Ltd., Santosh Mohanty and Others | Pending |
To see the full case history of Lalitha Chem Industries 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.
Credit ratings & regulatory alerts
Lalitha Chem Industries Private Limited was last rated by Care on 29 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Sep 2021 |
To see the full credit ratings and regulatory alerts of Lalitha Chem Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lalitha Chem Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Lalitha Chem Industries has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| A L A Chemicals Private Limited | U24110MH1966PTC013577 |
To see the full group structure of Lalitha Chem Industries Private Limited, buy the company report.
Employees & EPFO
Lalitha Chem Industries Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Lalitha Chem Industries has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL2445B1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 26AAACL2445B1Z2 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lalitha Chem Industries Private Limited, buy the company report.
Recent activity
Lalitha Chem Industries Private Limited has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Suma Subray Hosmane was appointed as Director on 07 Mar 2023.
45 earlier events are in the company report.
Frequently asked questions
Lalitha Chem Industries is an active private limited company based in Vasai, Maharashtra, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 11 December 1990 (36+ years old) and is registered under CIN U24100MH1990PTC059381.
Lalitha Chem Industries has 3 current directors:
- Veena Subray Hosmane - Director
- Suma Subray Hosmane - Director
- Subray Sadashiv Hosmane - Director
The latest financial statements of Lalitha Chem Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lalitha Chem Industries is 27AAACL2445B1Z0, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 26AAACL2445B1Z2 (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Lalitha Chem Industries is U24100MH1990PTC059381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lalitha Chem Industries has 46 court cases on record: 24 filed by the company and 22 filed against it. 20 are pending. Most are in the district courts.
Lalitha Chem Industries was incorporated on 11 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Lalitha Chem Industries has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.42 Cr; the latest was in March 2014.
The peers of Lalitha Chem Industries by revenue are Prathista Industries Limited, Hindustan Organic Chemicals Limited, The Andhra Petrochemicals Limited, Salicylates & Chemicals Private Limited, Avj Agrico Private Limited and 2 more, all in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Suma Subray Hosmane was appointed as Director on 07 Mar 2023. Suma Subray Hosmane ceased to be Director on 09 Mar 2021. Lalitha Sadashiv Hosmane ceased to be Director on 31 Aug 2013. Lalitha Chem Industries has 5 board changes on record in total.
Lalitha Chem Industries can be reached through the website subray.com. Its registered office is in Vasai, Maharashtra, India.
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