- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0006486

About Premier Intermediates Limited
Data last updated:
Premier Intermediates Limited is a public limited company based in Palghar, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 16 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1989PLC053057. Its GSTIN is 27AAACP4731C1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Premier Intermediates Private Limited. It is led by directors including Ashish Shashikant Sanghvi and Virendra Kumar Yadav.
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 Palghar, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.88 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Cr (net margin 8.3%) and EBITDA of ₹4.63 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Premier Group of Industries. As per MCA filings, the company has open charges of ₹29.58 Cr and satisfied charges of ₹2.7 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it.
Premier Intermediates Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0006486). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premierindia.co.in.
Company details
CIN history
Premier Intermediates has one previous CIN (Corporate Identification Number): U24100MH1989PTC053057. The current CIN is U24100MH1989PLC053057, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH1989PLC053057 | Current |
| U24100MH1989PTC053057 | Previous |
Recognitions & Rankings of Premier Intermediates
Contact details
Premier Intermediates Limited's registered office is in Palghar, Maharashtra.
- Registered AddressP No T – 57 M I D C, Tarapur Boisar, Palghar, Maharashtra, India – 401506
- IndustryChemicals and Materials, Specialty Chemicals
- 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
Premier Intermediates operates one associated brand: Premier Group of Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of specialty chemicals, dyes intermediates, and biocide chemicals in India is conducted by the company. | premierindia.co.in |
Business activity
The main business activity of Premier Intermediates 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 Premier Intermediates Limited, buy the company report.
Financials of Premier Intermediates Limited
FY 2024 filings availablePremier Intermediates Limited reported revenue of ₹23.88 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 78% 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 | ₹4.63 Cr | ||||
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| Net Profit (PAT) | ₹1.98 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 | 19.4% | ||||
| Net Profit Margin | 8.3% | ||||
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To see the full financial statements and ratios of Premier Intermediates Limited, buy the company report.
Board of directors of Premier Intermediates Limited
Premier Intermediates 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 |
|---|---|---|---|---|
| Ashish Shashikant Sanghvi | Director | 03 Feb 2015 | 11 Years 8 Months | Current |
| Virendra Kumar Yadav | Director | 03 Feb 2022 | 4 Years 8 Months | Current |
| Manish Purushottam Sanghvi | Director | 29 Nov 2004 | 21 Years 10 Months | Current |
Peer comparison
Premier Intermediates Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Specialty 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 |
|---|---|---|---|---|---|---|
| Sturdflex Solutions Private Limited | ₹23.96 Cr (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| R Chemine Products Private Limited | ₹23.92 Cr (FY 2025) | 21.0% | Vadodara, Gujarat, India | |||
| Suru Chemicals and Pharmaceuticals Private Limited | ₹23.88 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Premier Intermediates Limitedthis company | ₹23.88 Cr (FY 2024) | ₹1.98 Cr | 8.3% | -20.0% | Palghar, Maharashtra, India | |
| Bargi Polymer Private Limited | ₹23.87 Cr (FY 2023) | 7.0% | Mysore, Karnataka, India | |||
| N9 World Technologies Private Limited | ₹23.71 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Premier Intermediates Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2016 | 100052352 | Hdfc Bank Limited | ₹14.84 Cr | Open | |
| 04 May 2016 | 100031010 | Hdfc Bank Limited | ₹14.74 Cr | Open | |
| 29 Oct 2004 | 90238489 | Patan Co-Operative Bank Limited | ₹1.1 Cr | Satisfied | |
| 29 Jan 1998 | 80006931 | Patan Co-Operative Bank Limited | ₹1.6 Cr | Satisfied |
To see the full charge records of Premier Intermediates Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Premier Intermediates Limited has 12 court cases on record: 10 filed by Premier Intermediates, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed by the company against M/S Vardhman Chemtech Ltd and 2 others | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against M/S Vardhman Chemtech Ltd and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Arvee Chem Pharma P Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Ms. Sigma Solvents Pvt Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA A) | Filed against the company by individuals | Disposed |
To see the full case history of Premier Intermediates 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
Premier Intermediates Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 39 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alchemie Gases and Chemicals Pvt.Ltd. | |||
| Anmol Chloro Chem | |||
| Sanghvi Organics Pvt Ltd | |||
| Priya Fabril | |||
| Universal Speciality Chemicals Private Limited |
To see the full MSME payment records of Premier Intermediates Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Premier Intermediates has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP4731C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Intermediates Limited, buy the company report.
Recent activity
Premier Intermediates Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Renuka Kiran Sanghvi ceased to be Director on 01 Jul 2025.
6 earlier events are in the company report.
Frequently asked questions
Premier Intermediates is an active public limited company based in Palghar, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 16 August 1989 (37+ years old) and is registered under CIN U24100MH1989PLC053057.
Premier Intermediates has 3 current directors:
- Ashish Shashikant Sanghvi - Director
- Virendra Kumar Yadav - Director
- Manish Purushottam Sanghvi - Director
The latest financial statements of Premier Intermediates 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 Premier Intermediates is 27AAACP4731C1ZT, registered in Maharashtra. 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 Premier Intermediates is U24100MH1989PLC053057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Intermediates has 12 court cases on record: 10 filed by the company and 2 filed against it. Most are in the district courts.
Premier Intermediates was incorporated on 16 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Premier Intermediates by revenue are Sturdflex Solutions Private Limited, R Chemine Products Private Limited, Suru Chemicals and Pharmaceuticals Private Limited, Bargi Polymer Private Limited, N9 World Technologies Private Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Renuka Kiran Sanghvi ceased to be Director on 01 Jul 2025. Virendra Kumar Yadav ceased to be Additional Director on 29 Sep 2022. Virendra Kumar Yadav was appointed as Director on 03 Feb 2022. Premier Intermediates has 5 board changes on record in total.
Yes, Premier Intermediates is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0006486).
Premier Intermediates has 5 MSME Form 1 returns on record between 2019 and 2021, listing 39 overdue payments to 7 micro and small suppliers. The latest return was filed on 03 Jun 2021.
Premier Intermediates can be reached through the website premierindia.co.in. Its registered office is in Palghar, Maharashtra, India.