Nilkanth Organics Private Limited

Nilkanth Organics Private Limited - chemicals and materials in Ankleshwar, Gujarat, India. FY 2026 financials & compliance.
CIN U24119GJ1990PTC013623 Incorporated 12 April 1990 ROC Ahmedabad HQ Ankleshwar, Gujarat, India
Active Private Limited Company chemicals and materials MSME
Data last updated
Revenue · FY 2025
₹123.86 Cr
▲ 53% YoY
Net profit · FY 2025
₹8 Cr
Net margin 6.5%
EBITDA · FY 2025
₹17.6 Cr
EBITDA margin 14.2%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹5.76 Cr
Issued & subscribed
Open charges
₹122.67 Cr
Satisfied ₹10.88 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
102
Provident fund records

About Nilkanth Organics Private Limited

Data last updated:

Nilkanth Organics Private Limited is a private limited company based in Ankleshwar, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 12 April 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ1990PTC013623. Its GSTIN is 24AAACN6687P1ZR (Gujarat).

The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹5.76 Cr. It is led by directors Vipulbhai Vallabhbhai Gajera (Managing Director) and Balubhai Vallabhbhai Gajera.

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 Plot No. 158/1 GIDC Estate, Ankleshwar, Gujarat, India – 393002.

As per the financials filed for FY 2025, the company reported a revenue of ₹123.86 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹8 Cr (net margin 6.5%) and EBITDA of ₹17.6 Cr (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.

The company has about 102 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹122.67 Cr and satisfied charges of ₹10.88 Cr on record. Court records list 34 cases involving the company, including 1 filed by the company and 33 filed against it; 16 cases are pending. The company has 15 deals on record (6 rights issues, 5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.06 Cr; the latest was in March 2024. Its 8 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Colourtech Coating (India) Private Limited with revenue of ₹132.52 Cr.

Nilkanth Organics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0006097). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nilkanthgroup.co.in.

Company details

CIN U24119GJ1990PTC013623
Registration Number 013623
Incorporation Date 12 April 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-06-0006097
Key People
Vipulbhai Vallabhbhai Gajera Managing Director Balubhai Vallabhbhai Gajera Director

Recognitions & Rankings of Nilkanth Organics

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-06-0006097

Contact details

Nilkanth Organics Private Limited's registered office is in Ankleshwar, Gujarat. Its website is nilkanthgroup.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nilkanthgroup.co.in
  • Social Media
  • Registered Address
    Plot No. 158/1 GIDC Estate, Ankleshwar, Gujarat, India – 393002
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants

To see the full contact details of Nilkanth Organics Private Limited, buy the company report.

Comprehensive company report
Nilkanth Organics Private 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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Business activity

The main business activity of Nilkanth Organics 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 Nilkanth Organics Private Limited, buy the company report.

Financials of Nilkanth Organics Private Limited

FY 2025 filings available

Nilkanth Organics Private Limited reported revenue of ₹123.86 Cr (up 53% YoY) for FY 2025.

Revenue · FY 2025
₹123.86 Cr ▲ 53%
Net profit · FY 2025
₹8 Cr margin 6.5%
EBITDA · FY 2025
₹17.6 Cr margin 14.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 3%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 134%
3 years · compounded
▲ 18%
5 years · compounded
▼ 2%

Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 134% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹17.6 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.2%
Net Profit Margin6.5%
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 Nilkanth Organics Private Limited, buy the company report.

Board of directors of Nilkanth Organics Private Limited

Nilkanth Organics has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Balubhai Vallabhbhai Gajera
Also directs: Shiva Dyestuff Private Limited, Sky Neel Weld Synergy (India) Private Limited
Director12 Apr 199036 Years 6 MonthsCurrent
Vipulbhai Vallabhbhai Gajera
Also directs: Shiva Dyestuff Private Limited, Neel Pigments Private Limited, Vishrudh Organics Private Limited and 5 more
Managing Director12 Apr 199036 Years 6 MonthsCurrent
View all directors

Peer comparison

Nilkanth Organics Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Colourtech Coating (India) Private Limited₹132.52 Cr (FY 2024)23.0%Thane, Maharashtra, India
Asiatic Colour-Chem Industries Private Limited₹131.28 Cr (FY 2025)0.0%Ahmedabad, Gujarat, India
Bhatia Colour Chem Limited₹125.1 Cr (FY 2025)9.0%Surat, Gujarat, India
Anupam Colours Private Limited₹124.9 Cr (FY 2025)2.0%Mumbai, Maharashtra, India
Nilkanth Organics Private Limitedthis company₹123.86 Cr (FY 2025)₹8 Cr6.5%53.0%102Ankleshwar, Gujarat, India
Nirchem Dyes & Chemicals Private Limited₹122.53 Cr (FY 2025)21.0%Mumbai, Maharashtra, India
Raj Speciality Chemicals Private Limited₹122.44 Cr (FY 2025)-38.0%Tuticorin, Tamil Nadu, India
Koel Colours Pvt Ltd₹118.85 Cr (FY 2025)28.0%Mumbai, Maharashtra, India
Jagson Colorchem Limited₹117.46 Cr (FY 2025)-6.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Nilkanth Organics Private Limited, buy the company report.

Auditor

Nilkanth Organics Private Limited is audited by CHIRAG TAMBEDIA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CHIRAG TAMBEDIA & COFY 2023101849W

Shareholding

The shareholding of Nilkanth Organics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Nilkanth Organics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹122.67 Cr
Satisfied charges
₹10.88 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹58.67 Cr
Others₹40.00 Cr
Canara Bank₹21.30 Cr
Axis Bank Limited₹2.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jul 2024100978172Canara Bank₹21.3 CrOpen
17 Sep 2022100614719Hdfc Bank Limited₹2.58 CrOpen
27 Apr 2022100572933Hdfc Bank Limited₹55.99 CrOpen
25 Apr 2022100577620Hdfc Bank Limited₹9.5 LakhOpen
30 Mar 2022100558804Others₹40 CrOpen

To see the full charge records of Nilkanth Organics Private Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Nilkanth Organics Private Limited has 15 deals on record (6 rights issues, 5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.06 Cr; the latest was in March 2024.

Total deals
15
Rights issues
6
Secondary share transfers
5
Funding rounds
4
Disclosed funding
₹3.06 Cr

Deals on record (5 of 15)

WhenDealAmountParties
Mar 2024Rights issue₹50 LakhInvestors: an individual
Feb 2024Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Ghanshyam V. Gajera (HUF), 3 individuals
Mar 2023Rights issue₹1.51 CrInvestors: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: Vipulbhai V. Gajera (HUF), 3 individuals
Seller: 4 individuals
Jan 2022Rights issue₹2.54 CrInvestors: 4 individuals

To see the full deal history of Nilkanth Organics Private Limited, buy the company report.

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

MSME payment delays

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

Employees & EPFO

Nilkanth Organics Private Limited has a workforce of 102 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
102
Active EPFO establishments
1
Employee growth
67.21%

GST

Nilkanth Organics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACN6687P1ZRGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Nilkanth Organics Private Limited, buy the company report.

Recent activity

Nilkanth Organics Private Limited has 2 board changes on record since 1990: 2 appointments. The latest: Balubhai Vallabhbhai Gajera was appointed as Director on 12 Apr 1990.

AGM
Nilkanth Organics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nilkanth Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 55.99 Cr registered on 27 Apr 2022 with Charge ID 100572933 was modified on 30 Nov 2024.
Charges
A charge with Canara Bank amounted to Rs. 21.30 Cr with Charge ID 100978172 was registered on 29 Jul 2024.
Charges
A charge with Others of Rs. 40.00 Cr registered on 30 Mar 2022 with Charge ID 100558804 was modified on 08 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.58 Cr with Charge ID 100614719 was registered on 17 Sep 2022.
Charges
A charge registered on 20 Dec 2019 via Charge ID 100310816 with Others was fully satisfied on 04 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 55.99 Cr with Charge ID 100572933 was registered on 27 Apr 2022.
Charges
A charge registered on 16 Mar 2007 via Charge ID 10044796 with Bank Of Baroda was fully satisfied on 27 Apr 2022.
Charges
A charge registered on 01 Nov 2000 via Charge ID 80026897 with Bank Of Baroda was fully satisfied on 27 Apr 2022.
Charges
A charge registered on 17 Jan 2000 via Charge ID 80026895 with Others was fully satisfied on 27 Apr 2022.
Charges
A charge registered on 16 Feb 1998 via Charge ID 80026894 with Bank Of Baroda was fully satisfied on 27 Apr 2022.

21 earlier events are in the company report.

Frequently asked questions

Nilkanth Organics is an active private limited company based in Ankleshwar, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 12 April 1990 (36+ years old) and is registered under CIN U24119GJ1990PTC013623.

Nilkanth Organics has 2 current directors:

The latest financial statements of Nilkanth Organics 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 Nilkanth Organics is 24AAACN6687P1ZR, registered in Gujarat.

The CIN (Corporate Identification Number) of Nilkanth Organics is U24119GJ1990PTC013623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nilkanth Organics has 34 court cases on record: 1 filed by the company and 33 filed against it. 16 are pending. Most are in the district courts.

Nilkanth Organics was incorporated on 12 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Nilkanth Organics has 15 deals on record (6 rights issues, 5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.06 Cr; the latest was in March 2024.

The peers of Nilkanth Organics by revenue are Colourtech Coating (India) Private Limited, Asiatic Colour-Chem Industries Private Limited, Bhatia Colour Chem Limited, Anupam Colours Private Limited, Nirchem Dyes & Chemicals Private Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Balubhai Vallabhbhai Gajera was appointed as Director on 12 Apr 1990. Vipulbhai Vallabhbhai Gajera was appointed as Managing Director on 12 Apr 1990.

Yes, Nilkanth Organics is registered as an MSME under Udyam registration (number: UDYAM-GJ-06-0006097).