About Organic Industries Private Limited
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Organic Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 25 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25201MH1997PTC106819. Its GSTIN is 27AAACO3738N1Z2 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25.05 Cr and a paid-up capital of ₹13.27 Cr. It was formerly known as Organic Plastics Limited and Organic Industries Limited. It is led by directors including Anand Monappa Shetty (Managing Director) and Pravir Anand Shetty.
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 601/602 Delta Technology Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹555.91 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹19.79 Cr (net margin 3.6%) and EBITDA of ₹88.75 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 550 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Organic Industries. As per MCA filings, the company has open charges of ₹1,145.53 Cr and satisfied charges of ₹271.03 Cr on record. Court records list 59 cases involving the company, including 35 filed by the company and 24 filed against it; 12 cases are pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹8.94 Cr; the latest was in October 2018. The company has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,106 overdue payments to 61 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 organicgroup.co.in.
Company details
Name history
Organic Industries has undergone 4 name changes throughout its history. The current legal name is Organic Industries Private Limited.
| Company Name | Status |
|---|---|
| Organic Industries Private Limited | Current |
| Organic Plastics Limited | Previous |
| Organic Industries Limited | Previous |
| Organic Plastics Private Limited | Previous |
| Organic Plastics Limited | Previous |
CIN history
Organic Industries has one previous CIN (Corporate Identification Number): U25201MH1997PLC106819. The current CIN is U25201MH1997PTC106819, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25201MH1997PTC106819 | Current |
| U25201MH1997PLC106819 | Previous |
Contact details
Organic Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is organicgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address601/602 Delta Technology Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Organic 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
Organic Industries operates one associated brand: Organic Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures industrial chemicals, packaging, and fertilizer raw materials in India. | organicgroup.co.in |
Business activity
The main business activity of Organic Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Organic Industries Private Limited, buy the company report.
Financials of Organic Industries Private Limited
FY 2024 filings availableOrganic Industries Private Limited reported revenue of ₹555.91 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 20% 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 | ₹88.75 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹19.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Organic Industries Private Limited, buy the company report.
Board of directors of Organic Industries Private Limited
Organic Industries has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Sharma Also directs: Elite Services LLP, Grocera Daily Private Limited, Tradecrest Private Limited and 5 more | Additional Director | 11 Apr 2022 | 4 Years 6 Months | Current |
| Pravir Anand Shetty Also directs: Infibim Engineering Private Limited, Organic Plastics Private Limited, Plenco Plast India Private Limited and 1 more | Director | 28 Jun 2002 | 24 Years 3 Months | Current |
| Adish Anand Shetty Also directs: Infibim Engineering Private Limited, Organic Plastics Private Limited, Plenco Plast India Private Limited and 1 more | Director | 16 Mar 2007 | 19 Years 7 Months | Current |
| Anand Monappa Shetty Also directs: Infibim Engineering Private Limited, Organic Plastics Private Limited, Plenco Plast India Private Limited and 1 more | Managing Director | 28 Mar 1997 | 29 Years 6 Months | Current |
| Shashirekha Anand Shetty Also directs: Infibim Engineering Private Limited, Organic Plastics Private Limited, Plenco Plast India Private Limited and 1 more | Director | 25 Mar 1997 | 29 Years 7 Months | Current |
Auditor
Organic Industries Private Limited is audited by SHETTY & BALA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHETTY & BALA | FY 2023 | 110083W |
Shareholding
The shareholding of Organic 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Organic Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2024 | 100921418 | Others | ₹44.9 Lakh | Open | |
| 31 Jan 2024 | 100860700 | Others | ₹44.8 Lakh | Open | |
| 20 Apr 2023 | 100716116 | Hdfc Bank Limited | ₹12.8 Cr | Open | |
| 21 Mar 2023 | 100764260 | Hdfc Bank Limited | ₹2.45 Cr | Open | |
| 21 Mar 2023 | 100696631 | Others | ₹20 Lakh | Open |
To see the full charge records of Organic Industries Private Limited, buy the company report.
Total charge records: 55 View all charges
Deals & funding
Organic Industries Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹8.94 Cr; the latest was in October 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Rights issue | ₹12 Cr | Investors: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2010 | Funding round | ₹6.2 Cr | Investors: 4 individuals |
| Feb 2009 | Funding round | ₹2.41 Cr | Investors: 4 individuals |
| Mar 2007 | Funding round | ₹32.9 Lakh | Investors: Anand M Shetty HUF, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Organic Industries Private Limited has 59 court cases on record: 35 filed by Organic Industries, 24 filed against it. 12 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 19 | 11 |
| High courts | 10 | 5 | 1 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Court case (SPCS) | Filed by the company against Bluewing Design and Construction Pvt Ltd and 2 others | Pending |
| District court, Bharuch, Gujarat | Civil suit | Filed by the company against M/S Quaker Chemical India Pvt Ltd and 1 other | Pending |
| District court, Bharuch, Gujarat | Civil suit | Filed by the company against Surya Life Sciences Limited and 4 others | Disposed |
| District court, Bharuch, Gujarat | Civil suit | Filed by the company against Srikar Laboratories Pvt Ltd and 4 others | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Medopharm Pvt. Ltd. | Disposed |
To see the full case history of Organic 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.
MSME payment delays
Organic Industries Private Limited has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,106 overdue payments to 61 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 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DFR Technical Textiles | |||
| an individual supplier | |||
| Powerhans | |||
| VND Plastico Pumps Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Organic Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Organic Industries has 1 subsidiary 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 |
|---|---|---|
| Plenco Closures Private Limited | U29195MH2003PTC141823 |
To see the full group structure of Organic Industries Private Limited, buy the company report.
Employees & EPFO
Organic Industries Private Limited has a workforce of 550 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Organic Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO3738N1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACO3738N1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Organic Industries Private Limited, buy the company report.
Recent activity
Organic Industries Private Limited has 6 board changes on record since 1997: 5 appointments and 1 cessation. The latest: Archana Sharma was appointed as Additional Director on 11 Apr 2022.
71 earlier events are in the company report.
Frequently asked questions
Organic Industries 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 25 March 1997 (29+ years old) and is registered under CIN U25201MH1997PTC106819.
Organic Industries has 5 current directors:
- Anand Monappa Shetty - Managing Director
- Archana Sharma - Additional Director
- Pravir Anand Shetty - Director
- Adish Anand Shetty - Director
- Shashirekha Anand Shetty - Director
The latest financial statements of Organic 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 Organic Industries is 27AAACO3738N1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACO3738N1Z8 (Gujarat).
The CIN (Corporate Identification Number) of Organic Industries is U25201MH1997PTC106819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Organic Industries has 59 court cases on record: 35 filed by the company and 24 filed against it. 12 are pending. Most are in the district courts.
Organic Industries was incorporated on 25 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Organic Industries has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹8.94 Cr; the latest was in October 2018.
Archana Sharma was appointed as Additional Director on 11 Apr 2022. Shyamlal Gobindram Jhaverani ceased to be Director on 05 Oct 2009. Adish Anand Shetty was appointed as Director on 16 Mar 2007. Organic Industries has 6 board changes on record in total.
Organic Industries has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,106 overdue payments to 61 micro and small suppliers. The latest return was filed on 01 May 2024.
Organic Industries can be reached through the website organicgroup.co.in. Its registered office is in Mumbai, Maharashtra, India.