Premier Intermediates Limited

Premier Intermediates Limited - chemicals and materials in Palghar, Maharashtra, India. FY 2026 financials & compliance.
CIN U24100MH1989PLC053057 Incorporated 16 August 1989 ROC Mumbai HQ Palghar, Maharashtra, India
Active Public Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹23.88 Cr
▼ 20% YoY
Net profit · FY 2024
₹1.98 Cr
Net margin 8.3%
EBITDA · FY 2024
₹4.63 Cr
EBITDA margin 19.4%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹29.58 Cr
Satisfied ₹2.7 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
9
Provident fund records

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 U24100MH1989PLC053057
Registration Number 053057
Incorporation Date 16 August 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0006486

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.

CINStatus
U24100MH1989PLC053057Current
U24100MH1989PTC053057Previous

Recognitions & Rankings of Premier Intermediates

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-17-0006486

Contact details

Premier Intermediates Limited's registered office is in Palghar, Maharashtra.

  • Registered Address
    P No T – 57 M I D C, Tarapur Boisar, Palghar, Maharashtra, India – 401506
  • Industry
    Chemicals and Materials, Specialty Chemicals
Comprehensive company report
Premier Intermediates 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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Brands

Premier Intermediates operates one associated brand: Premier Group of Industries. Each brand links to its own profile.

BrandDescriptionWebsite
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 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 Premier Intermediates Limited, buy the company report.

Financials of Premier Intermediates Limited

FY 2024 filings available

Premier Intermediates Limited reported revenue of ₹23.88 Cr (down 20% YoY) for FY 2024.

Revenue · FY 2024
₹23.88 Cr ▼ 20%
Net profit · FY 2024
₹1.98 Cr margin 8.3%
EBITDA · FY 2024
₹4.63 Cr margin 19.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 4%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 10%
5 years · compounded
▲ 27%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹4.63 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.98 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin19.4%
Net Profit Margin8.3%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish Shashikant SanghviDirector03 Feb 201511 Years 8 MonthsCurrent
Virendra Kumar YadavDirector03 Feb 20224 Years 8 MonthsCurrent
Manish Purushottam SanghviDirector29 Nov 200421 Years 10 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr8.3%-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

Open charges
₹29.58 Cr
Satisfied charges
₹2.7 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹29.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 2016100052352Hdfc Bank Limited₹14.84 CrOpen
04 May 2016100031010Hdfc Bank Limited₹14.74 CrOpen
29 Oct 200490238489Patan Co-Operative Bank Limited₹1.1 CrSatisfied
29 Jan 199880006931Patan Co-Operative Bank Limited₹1.6 CrSatisfied

To see the full charge records of Premier Intermediates Limited, buy the company report.

Total charge records: 4 View all charges

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)

SupplierAmount dueDue sinceReported 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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACP4731C1ZTMaharashtraActive01 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.

Ceased
Renuka Kiran Sanghvi ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 14.74 Cr registered on 04 May 2016 with Charge ID 100031010 was modified on 04 Oct 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 14.84 Cr registered on 20 Sep 2016 with Charge ID 100052352 was modified on 01 Oct 2024.
AGM
Premier Intermediates Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Premier Intermediates Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Virendra Kumar Yadav ceased to be Additional Director.
Appointed
Virendra Kumar Yadav was appointed as Director.
Charges
A charge registered on 29 Oct 2004 via Charge ID 90238489 with Patan Co-Operative Bank Limited was fully satisfied on 22 Sep 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.84 Cr with Charge ID 100052352 was registered on 20 Sep 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.74 Cr with Charge ID 100031010 was registered on 04 May 2016.
Charges
A charge registered on 29 Jan 1998 via Charge ID 80006931 with Patan Co-Operative Bank Limited was fully satisfied on 18 Apr 2016.
Appointed
Ashish Shashikant Sanghvi was appointed as Director.

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:

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.