About Nascent Chemical Industries Limited
Data last updated:
Nascent Chemical Industries Limited is a public limited company based in Surat, Gujarat, India, a subsidiary of Aarti Corporate Services Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 04 May 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ1966PLC104722. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹60 Lakh. It was formerly known as Nascent Chemical Industries Private Limited. It is led by directors including Tushar Mashruwala and Krishnakant Champaklal Mashruwala.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9/1827 First Floor City Plaza Bldg. Opp. Chapir Lane Lalgate, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.05 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹68,900 (net margin 17%) and EBITDA of ₹1.31 Lakh (EBITDA margin 32.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 67% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 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 nascent.net.in.
Company details
CIN history
Nascent Chemical Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100GJ1966PLC104722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ1966PLC104722 | Current |
| U24100MH1966PLC013490 | Previous |
| U24100MH1966PLC472016 | Previous |
Contact details
Nascent Chemical Industries Limited's registered office is in Surat, Gujarat. Its website is nascent.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9/1827 First Floor City Plaza Bldg. Opp. Chapir Lane Lalgate, Surat, Gujarat, India – 395003
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Nascent Chemical Industries 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
Financials of Nascent Chemical Industries Limited
FY 2025 filings availableNascent Chemical Industries Limited reported revenue of ₹4.05 Lakh (up 2214% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years. EBITDA rose 117% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹68,900 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.3% | ||||
| Net Profit Margin | 17% | ||||
| 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 Nascent Chemical Industries Limited, buy the company report.
Board of directors of Nascent Chemical Industries Limited
Nascent Chemical Industries has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Mashruwala | Director | 18 Sep 1987 | 39 Years 1 Months | Current |
| Krishnakant Champaklal Mashruwala Also directs: Vanita Vishram | Director | 04 May 1966 | 60 Years 6 Months | Current |
| Shyamal Krishnakant Mashruwala | Director | 29 Sep 1981 | 45 Years 1 Months | Current |
Auditor
Nascent Chemical Industries Limited is audited by Deepali Gorde & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deepali Gorde & Co. | FY 2024 | 146948W |
Shareholding
The shareholding of Nascent Chemical Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nascent Chemical Industries Limited, buy the company report.
Legal cases
Nascent Chemical Industries Limited has 2 court cases on record: 1 filed by Nascent Chemical Industries, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State Government and 2 others | Disposed |
| Bombay High Court | Court case (SPS) | Filed against the company | Disposed |
To see the full case history of Nascent Chemical Industries 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 Nascent Chemical Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nascent Chemical Industries Limited has a workforce of 2 employees on its EPFO records as of Sep 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 2 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nascent Chemical Industries Limited, buy the company report.
GST
Nascent Chemical Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nascent Chemical Industries Limited, buy the company report.
Recent activity
Nascent Chemical Industries Limited has 12 board changes on record since 1966: 3 appointments and 9 cessations. The latest: Shantilal Tejshi Shah ceased to be Director on 27 Oct 2019.
3 earlier events are in the company report.
Frequently asked questions
Nascent Chemical Industries is an active public limited company based in Surat, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 04 May 1966 (60+ years old) and is registered under CIN U24100GJ1966PLC104722.
Nascent Chemical Industries has 3 current directors:
- Tushar Mashruwala - Director
- Krishnakant Champaklal Mashruwala - Director
- Shyamal Krishnakant Mashruwala - Director
The latest financial statements of Nascent Chemical Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
No. Nascent Chemical Industries has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Nascent Chemical Industries is U24100GJ1966PLC104722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nascent Chemical Industries has 2 court cases on record: 1 filed by the company and 1 filed against it.
Nascent Chemical Industries was incorporated on 04 May 1966, making it 60+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shantilal Tejshi Shah ceased to be Director on 27 Oct 2019. Kirit Ratilal Mehta ceased to be Director on 31 Mar 2014. Ramdas Maneklal Gandhi ceased to be Director on 31 Mar 2014. Nascent Chemical Industries has 12 board changes on record in total.
Nascent Chemical Industries can be reached through the website nascent.net.in. Its registered office is in Surat, Gujarat, India.
The registered office of Nascent Chemical Industries is at 91827 First Floor City Plaza Bldg. Opp. Chapir Lane Lalgate, Surat, Gujarat, India – 395003.
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.
