About Noble Explochem Limited
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Noble Explochem Limited was a public limited company based in Nagpur, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 22 March 1982.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L24292MH1982PLC026728. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 Feb 2021 · voluntary delisting, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹31 Cr and a paid-up capital of ₹19.21 Cr. It was led by directors including Ramesh Kothari Bhimraj (Managing Director) and Tikamchand Kothari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plotno.54/B Shreetowershankarnagar, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.68 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹54.69 Lakh and EBITDA of -₹54.45 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 277% over three years.
As per MCA filings, the company had open charges of ₹35.81 Cr and satisfied charges of ₹22.88 Cr on record. Court records list 39 cases involving the company, including 29 filed by the company and 10 filed against it; 1 case is pending. The company has 67 deals on record (67 market trades); the latest was in December 2015. Its 3 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 smaller; the largest is Raban Chemicals Private Limited with revenue of ₹3.67 Lakh.
The last known website on record is neclindia.com.
Company details
CIN history
Noble Explochem has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24292MH1982PLC026728, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24292MH1982PLC026728 | Current |
| U24292MH1982SGC026728 | Previous |
| U24292MH1982PLC026728 | Previous |
Contact details
Noble Explochem Limited's registered office is in Nagpur, Maharashtra. Its website is neclindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlotno.54/B Shreetowershankarnagar, Nagpur, Maharashtra, India – 440010
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Noble Explochem 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 Noble Explochem 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 |
Financials of Noble Explochem Limited
FY 2018 filings availableNoble Explochem Limited reported revenue of ₹3.68 Lakh (down 5% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 277%. EBITDA rose 37% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.68 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹54.45 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹54.69 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Noble Explochem Limited, buy the company report.
Board of directors of Noble Explochem Limited
Noble Explochem has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Ladliprasad Joshi | Director | 21 May 2007 | 19 Years 5 Months | As last reported |
| Tikamchand Kothari Also directs: Salvia Investments and Traders Pvt Ltd | Whole-Time Director | 26 Dec 2001 | 24 Years 10 Months | As last reported |
| Vinda Madhao Warhadpande | Whole-Time Director | 01 Oct 2014 | 12 Years 0 Months | As last reported |
| Ishwar Raka Dharamchand | Director | 20 Dec 2017 | 8 Years 10 Months | As last reported |
| Ramesh Kothari Bhimraj Also directs: Salvia Investments and Traders Pvt Ltd | Managing Director | 20 Dec 2001 | 24 Years 10 Months | As last reported |
| Shyam Sharma Sunder | Director | 18 Jun 2007 | 19 Years 4 Months | As last reported |
Peer comparison
Noble Explochem Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Industrial 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 |
|---|---|---|---|---|---|---|
| Noble Explochem Limitedthis company | ₹3.68 Lakh (FY 2018) | -₹54.69 Lakh | -5.0% | Nagpur, Maharashtra, India | ||
| Raban Chemicals Private Limited | ₹3.67 Lakh (FY 2025) | -19.0% | Tamil Nadu, India | |||
| Nagarathinam Chemicals Pvt Ltd | ₹3.64 Lakh (FY 2025) | 129.0% | Mettupalayam, Pondicherry 9, Pondicherry, India | |||
| A.K. Biotech Private Limited | ₹3.61 Lakh (FY 2023) | -99.0% | Jammu, Jammu and Kashmir, India |
To see the full peer comparison of Noble Explochem Limited, buy the company report.
Auditor
Noble Explochem Limited is audited by AMAR BAFNA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMAR BAFNA & ASSOCIATES | FY 2018 | 114854W |
Shareholding
The shareholding of Noble Explochem Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Noble Explochem Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2008 | 100814164 | Others | ₹30.63 Cr | Open | |
| 06 Apr 1998 | 90224913 | Sicom Ltd. | ₹1 Cr | Open | |
| 26 Jun 1987 | 90221361 | The Industrial Credit & Inves. Corpo. of India Ltd. | ₹37.5 Lakh | Open | |
| 12 Dec 1985 | 90221233 | Bank of India | ₹50 Lakh | Open | |
| 26 Nov 1985 | 90221230 | Industrial Development Bank of India | ₹18 Lakh | Open |
To see the full charge records of Noble Explochem Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Noble Explochem Limited has 67 deals on record (67 market trades); the latest was in December 2015.
Deals on record (5 of 67)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Market trade | ₹23.3 Lakh | Buyer: an individual Seller: Artheon Emerging Technologies Private Limited |
| Nov 2007 | Market trade | ₹22.1 Lakh | Seller: Salasar Stock Broking Limited |
| Oct 2007 | Market trade | ₹25.6 Lakh | Seller: Salasar Stock Broking Limited |
| Sep 2007 | Market trade | ₹32.5 Lakh | Buyer: Salasar Stock Broking Limited Seller: Antique Stock Broking Limited |
| Sep 2007 | Market trade | ₹59.1 Lakh | Buyer: Salasar Stock Broking Limited Seller: Kirti Doshi Huf, Antique Stock Broking Limited |
To see the full deal history of Noble Explochem 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
Noble Explochem Limited has 39 court cases on record: 29 filed by Noble Explochem, 10 filed against it. 1 case is pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 3 | 0 |
| District courts | 9 | 7 | 1 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against Meet Mercantile Pvt. Ltd. and Yatish Trading Co. Pvt. Ltd. and 1 other | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Three A Chemie Pvt.Ltd. | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Central Board of Trustees, Emp. Prov. Fund Organisation, New Delhi THR. Its Secretary and Other | Disposed |
| Bombay High Court | Court case (MCA) | Filed by the company against The Central Board of Trustees, Emp. Prov. Fund Organisation, New Delhi THR. Its Secretary and Other | Disposed |
To see the full case history of Noble Explochem 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 Noble Explochem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Noble Explochem has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Noble Explochem Limited, buy the company report.
Recent activity
Noble Explochem Limited has 14 board changes on record since 2001: 10 appointments and 4 cessations. The latest: Vijay Kumar Jain ceased to be Director on 12 Feb 2018.
40 earlier events are in the company report.
Frequently asked questions
Noble Explochem has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Noble Explochem was a public limited company based in Nagpur, Maharashtra, India. The company worked in industrial chemicals, within the chemicals and materials industry. It was incorporated on 22 March 1982 and is registered under CIN L24292MH1982PLC026728. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Noble Explochem was incorporated on 22 March 1982. It is registered with the Registrar of Companies, Mumbai.
Noble Explochem had 6 directors:
- Ramesh Kothari Bhimraj - Managing Director
- Tikamchand Kothari - Whole-Time Director
- Vinda Madhao Warhadpande - Whole-Time Director
- Rajeshkumar Ladliprasad Joshi - Director
- Ishwar Raka Dharamchand - Director
- Shyam Sharma Sunder - Director
The CIN (Corporate Identification Number) of Noble Explochem is L24292MH1982PLC026728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noble Explochem is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 Feb 2021 · voluntary delisting, and no longer trade on a stock exchange.
The registered office of Noble Explochem is at Plotno.54B Shreetowershankarnagar, Nagpur, Maharashtra, India – 440010.
Noble Explochem can be reached through the website neclindia.com. Its registered office is in Nagpur, Maharashtra, India.
The latest financial statements of Noble Explochem on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Noble Explochem has 2 GST registrations on record and all of them are cancelled or inactive.
Noble Explochem operated in the chemicals and materials industry, in the industrial chemicals segment.