About Multichem Industries Private Limited
Data last updated:
Multichem 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 18 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1997PTC108874. Its GSTIN is 27AABCV2881L1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vaishali Petrochemicals and Consultancy Private Limited. It is led by directors Vaishali Pathak Pramod and Laxmi Ramesh Upadhyay.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.99 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net profit of ₹22.38 Lakh (net margin 5.6%) and EBITDA of ₹58.09 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 113% over five years.
As per MCA filings, the company has open charges of ₹1.48 Cr and satisfied charges of ₹23 Lakh on record. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multichemgroup.net.
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- Registered AddressUnit No. 703 Sagar Tech Plaza – B Premises Co – Op Soc. Ltd. Andheri – Kurla Road Sakinaka A, Ndheri (E), Mumbai, Maharashtra, India – 400072
- 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
- One PDF report, delivered after checkout
Financials of Multichem Industries Private Limited FY 2025 filings available
Multichem Industries Private Limited reported revenue of ₹3.99 Cr (up 134% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Multichem Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 113% over five years, including 134% growth in the latest year. EBITDA rose 151% 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 of Multichem Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.99 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹58.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.38 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 of Multichem Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Multichem Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Multichem Industries Private Limited
Multichem Industries Private Limited is audited by S. D. Satam & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. D. Satam & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Multichem Industries Private Limited
Multichem Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Pathak Pramod Also directs: Walrus Paints Private Limited | Director | 21 Nov 2013 | 12 Years 10 Months | Current |
| Laxmi Ramesh Upadhyay | Director | 23 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Multichem Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multichem Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2025 | State Bank of India | ₹64 Lakh | Open |
| 29 Dec 2010 | Bajaj Finance Limited | ₹76 Lakh | Open |
| 22 Jul 2003 | Uco Bank | ₹8 Lakh | Open |
| 06 Aug 2022 | Canara Bank | ₹23 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Multichem Industries Private Limited
Multichem Industries Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Akola, Maharashtra | Civil suit | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Multichem Industries Private Limited
Multichem Industries Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 8 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eseo Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Quartz India | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Multichem Industries Private Limited
Employment history and EPFO contributions of people linked to Multichem Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multichem Industries Private Limited
Multichem Industries Private Limited has 6 board changes on record since 1997: 4 appointments and 2 cessations. The latest: Laxmi Ramesh Upadhyay was appointed as Director on 23 Apr 2019.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Multichem Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multichem Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multichem Industries Private Limited
Multichem Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV2881L1ZW | Maharashtra | Active | 17 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multichem Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multichem Industries Private Limited
Multichem 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 18 June 1997 (29+ years old) and is registered under CIN U24110MH1997PTC108874.
Multichem Industries reported revenue of ₹3.99 Cr for FY 2023 (up 134% YoY).
Multichem Industries has 2 current directors:
- Vaishali Pathak Pramod - Director
- Laxmi Ramesh Upadhyay - Director
Multichem Industries reported a net profit of ₹22.38 Lakh (net margin 5.6%) and EBITDA of ₹58.09 Lakh (EBITDA margin 14.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multichem Industries is 35% over three years and 113% over five years. In the latest year (FY 2023) revenue rose 134%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multichem Industries is 27AABCV2881L1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multichem Industries is U24110MH1997PTC108874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multichem Industries has 1 court case on record.
Multichem Industries was incorporated on 18 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxmi Ramesh Upadhyay was appointed as Director on 23 Apr 2019. Rajmani Kesheoprasad Sharma ceased to be Director on 18 Apr 2019. Pramod Kesheo Pathak ceased to be Director on 09 Dec 2015. Multichem Industries has 6 board changes on record in total.
Multichem Industries has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 8 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Oct 2023.