About Parshwnath Pigments Limited
Data last updated:
Parshwnath Pigments Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 23 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2009PLC056713. Its GSTIN is 24AAFCP0603C2Z6 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Romal Rajesh Jobaliya and Rajesh Dalichand Jobalia.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.2 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Cr (net margin -234.2%) and EBITDA of ₹1.5 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 526% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parshwnath.com.
Company details
Contact details
Parshwnath Pigments Limited's registered office is in Ahmedabad, Gujarat. Its website is parshwnath.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 801 To 806 The First, B/H Keshav Baug Party Plot Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Parshwnath Pigments 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 Parshwnath Pigments 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 Parshwnath Pigments Limited, buy the company report.
Financials of Parshwnath Pigments Limited
FY 2024 filings availableParshwnath Pigments Limited reported revenue of ₹3.2 Cr (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 526%. EBITDA rose 121% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.49 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | -234.2% | ||||
| 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 Parshwnath Pigments Limited, buy the company report.
Board of directors of Parshwnath Pigments Limited
Parshwnath Pigments 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 |
|---|---|---|---|---|
| Romal Rajesh Jobaliya | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Rajesh Dalichand Jobalia | Director | 23 Apr 2009 | 17 Years 6 Months | Current |
| Ronak Rajeshkumar Jobaliya | Director | 23 Apr 2009 | 17 Years 6 Months | Current |
Peer comparison
Parshwnath Pigments Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Huber India Private Limited | ₹3.24 Cr (FY 2024) | -50.0% | Lajpat Nagar Iv, Anew Del, Delhi, India | |||
| Kahan Chem Private Limited | ₹3.22 Cr (FY 2019) | 0.0% | Ahmedabad, Gujarat, India | |||
| Parshwnath Pigments Limitedthis company | ₹3.2 Cr (FY 2024) | -₹7.49 Cr | -234.2% | -41.0% | 19 | Ahmedabad, Gujarat, India |
| Tide Inchem Private Limited | ₹3.14 Cr (FY 2024) | -14.0% | Kanpur, Uttar Pradesh, India | |||
| Shree Bhavani Organics Private Limited | ₹3.11 Cr (FY 2024) | 39.0% | Ahmedabad Baroda, Gujarat, India | |||
| Siddhi Samrat Dye-Chem Private Limited | ₹3.05 Cr (FY 2024) | 133.0% | Bharuch, Gujarat, India |
To see the full peer comparison of Parshwnath Pigments Limited, buy the company report.
Auditor
Parshwnath Pigments Limited is audited by SHAMIK J DIVATIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAMIK J DIVATIA & CO | FY 2023 | 035498 |
Shareholding
The shareholding of Parshwnath Pigments 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parshwnath Pigments Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2021 | 100510890 | Hdfc Bank Limited | ₹75 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Parshwnath Pigments Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Bew Engineering Ltd, Through Representative Vikram Vinay Mukadam | Disposed |
To see the full case history of Parshwnath Pigments 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 Parshwnath Pigments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parshwnath Pigments Limited has a workforce of 19 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Parshwnath Pigments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP0603C2Z6 | Gujarat | Active | 27 Mar 2018 |
To see the full GST registrations and return filing status of Parshwnath Pigments Limited, buy the company report.
Recent activity
Parshwnath Pigments Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Romal Rajesh Jobaliya ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Parshwnath Pigments is an active public limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 23 April 2009 (17+ years old) and is registered under CIN U24110GJ2009PLC056713.
Parshwnath Pigments has 3 current directors:
- Romal Rajesh Jobaliya - Director
- Rajesh Dalichand Jobalia - Director
- Ronak Rajeshkumar Jobaliya - Director
The latest financial statements of Parshwnath Pigments 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 Parshwnath Pigments is 24AAFCP0603C2Z6, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Parshwnath Pigments is U24110GJ2009PLC056713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parshwnath Pigments has 1 court case on record: 1 filed against it.
Parshwnath Pigments was incorporated on 23 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parshwnath Pigments by revenue are Huber India Private Limited, Kahan Chem Private Limited, Tide Inchem Private Limited, Shree Bhavani Organics Private Limited, Siddhi Samrat Dye-Chem Private Limited, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Romal Rajesh Jobaliya ceased to be Additional Director on 29 Sep 2018. Ila Rajesh Jobaliya ceased to be Director on 09 Apr 2018. Romal Rajesh Jobaliya was appointed as Director on 05 Mar 2018. Parshwnath Pigments has 5 board changes on record in total.
Parshwnath Pigments can be reached through the website parshwnath.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Parshwnath Pigments is at A – 801 To 806 The First, BH Keshav Baug Party Plot Vastrapur, Ahmedabad, Gujarat, India – 380015.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
