MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-02-0001656
Nice Chemicals Private Limited - chemicals and materials in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹40.51 Cr
▼ 8% YoY
Net profit · FY 2024
₹3.73 Cr
Net margin 9.2%
EBITDA · FY 2024
₹5.51 Cr
EBITDA margin 13.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.15 Cr
Issued & subscribed
Open charges
₹91.5 Lakh
Secured borrowings
Company age
37 yrs
Est. 1989
Employees · EPFO
91
Provident fund records
About Nice Chemicals Private Limited
Data last updated:
Nice Chemicals Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 06 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24299KL1989PTC005294. Its GSTIN is 32AAACN7756R1ZU (Kerala). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.15 Cr. It is led by directors including George Mannikoikal Alexander (Whole-Time Director) and Valsala Ramakrishnan (Whole-Time Director).
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 37/767 Nice Complex Manimala Road, Edappally Ernakulam Kochi, Kerala, India – 682024.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.51 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.73 Cr (net margin 9.2%) and EBITDA of ₹5.51 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company has about 91 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nice Chemicals. As per MCA filings, the company has open charges of ₹91.5 Lakh on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 2 cases are pending.
Nice Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0001656). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nicechemicals.com.
Company details
CIN U24299KL1989PTC005294
Registration Number 005294
Incorporation Date 06 February 1989
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0001656
Key People
George Mannikoikal Alexander Whole-Time Director Valsala Ramakrishnan Whole-Time Director Sumita Menon Whole-Time Director Recognitions & Rankings of Nice Chemicals
Contact details
Nice Chemicals Private Limited's registered office is in Ernakulam, Kerala. Its website is nicechemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address37/767 Nice Complex Manimala Road, Edappally Ernakulam Kochi, Kerala, India – 682024
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Nice Chemicals Private Limited, buy the company report.
Comprehensive company report
Nice Chemicals Private 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
Nice Chemicals operates one associated brand: Nice Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures laboratory chemicals, glassware, agro products, and furniture supplies. | nicechemicals.com |
Business activity
The main business activity of Nice Chemicals 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 Nice Chemicals Private Limited, buy the company report.
Financials of Nice Chemicals Private Limited
FY 2025 filings availableNice Chemicals Private Limited reported revenue of ₹40.51 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹40.51 Cr ▼ 8%
Net profit · FY 2024
₹3.73 Cr margin 9.2%
EBITDA · FY 2024
₹5.51 Cr margin 13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 12%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 48%
5 years · compounded
▲ 23%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 3% 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 | ₹40.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.73 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 | 13.6% | ||||
| Net Profit Margin | 9.2% | ||||
| 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 Nice Chemicals Private Limited, buy the company report.
Board of directors of Nice Chemicals Private Limited
Nice Chemicals has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Mannikoikal Alexander | Whole-Time Director | 10 Aug 1998 | 28 Years 2 Months | Current |
| Valsala Ramakrishnan | Whole-Time Director | 24 Dec 2015 | 10 Years 10 Months | Current |
| Sumita Menon | Whole-Time Director | 26 Dec 2001 | 24 Years 10 Months | Current |
| Venugopal Govindankutty Nair | Whole-Time Director | 01 Apr 2006 | 20 Years 7 Months | Current |
| Gopinathan Jayakrishnan | Whole-Time Director | 26 Dec 2001 | 24 Years 10 Months | Current |
Peer comparison
Nice Chemicals Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Industrial 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 |
|---|---|---|---|---|---|---|
| Flourish Paper & Chemicals Limited | ₹40.6 Cr (FY 2025) | 67.0% | Derabassi, Punjab, India | |||
| Riko Chemicals Pvt Ltd | ₹40.59 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Nice Chemicals Private Limitedthis company | ₹40.51 Cr (FY 2024) | ₹3.73 Cr | 9.2% | -8.0% | 91 | Ernakulam, Kerala, India |
| Shree Ram Gum Chemicals Private Limited | ₹40.08 Cr (FY 2025) | 27.0% | Jodhpur, Rajasthan, India | |||
| Denisco Chemicals Private Limited | ₹39.75 Cr (FY 2024) | 3.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Nice Chemicals Private Limited, buy the company report.
Auditor
Nice Chemicals Private Limited is audited by VISHNU RAJENDRAN & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU RAJENDRAN & CO | FY 2024 | 004741S |
Shareholding
The shareholding of Nice Chemicals Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nice Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹91.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2025 | 101182147 | Others | ₹81.5 Lakh | Open | |
| 25 Sep 1999 | 90017532 | Union Bank of India | ₹10 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Nice Chemicals Private Limited has 8 court cases on record: 7 filed by Nice Chemicals, 1 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
7
Filed against the company
1
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| High Court, Kerala | Writ petition | Filed by the company against individuals | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against State Rep by | Disposed |
To see the full case history of Nice Chemicals Private 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 Nice Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nice Chemicals Private Limited has a workforce of 91 employees on its EPFO records as of Mar 14, 2025, across 1 active EPFO establishment.
Employee count
91
Active EPFO establishments
1
Employee growth
-1.09%
GST
Nice Chemicals has 6 GST registrations: 3 active and 3 cancelled or inactive.
Total GSTINs
6
Active
3
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACN7756R1ZU | Kerala | Active | 01 Jul 2017 |
| 33AAACN7756R3ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 24AAACN7756R2ZQ | Gujarat | Active | 03 Sep 2019 |
To see the full GST registrations and return filing status of Nice Chemicals Private Limited, buy the company report.
Recent activity
Nice Chemicals Private Limited has 7 board changes on record since 1998: 5 appointments and 2 cessations. The latest: Kaleeckal Madhavan Nair Ramakrishna Pillai ceased to be Whole-Time Director on 24 Dec 2015.
Charges
A charge with Others amounted to Rs. 0.82 Cr with Charge ID 101182147 was registered on 14 Oct 2025.
AGM
Nice Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nice Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Kaleeckal Madhavan Nair Ramakrishna Pillai ceased to be Whole-Time Director.
Appointed
Valsala Ramakrishnan was appointed as Whole-Time Director.
Ceased
Venugopal Govindankutty Nair ceased to be Director.
Appointed
Venugopal Govindankutty Nair was appointed as Whole-Time Director.
Appointed
Gopinathan Jayakrishnan was appointed as Whole-Time Director.
Appointed
Sumita Menon was appointed as Whole-Time Director.
Charges
A charge with Union Bank Of India amounted to Rs. 0.10 Cr with Charge ID 90017532 was registered on 25 Sep 1999.
Appointed
George Mannikoikal Alexander was appointed as Whole-Time Director.
Incorporation
06 Feb 1989
Nice Chemicals Private Limited was registered on 06 Feb 1989 with Roc Ernakulam & aged 37 years 8 months as per MCA records.
Frequently asked questions
Nice Chemicals is an active private limited company based in Ernakulam, Kerala, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 06 February 1989 (37+ years old) and is registered under CIN U24299KL1989PTC005294.
Nice Chemicals has 5 current directors:
- George Mannikoikal Alexander - Whole-Time Director
- Valsala Ramakrishnan - Whole-Time Director
- Sumita Menon - Whole-Time Director
- Venugopal Govindankutty Nair - Whole-Time Director
- Gopinathan Jayakrishnan - Whole-Time Director
The latest financial statements of Nice Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nice Chemicals is 32AAACN7756R1ZU, registered in Kerala. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 33AAACN7756R3ZQ (Tamil Nadu), 24AAACN7756R2ZQ (Gujarat).
The CIN (Corporate Identification Number) of Nice Chemicals is U24299KL1989PTC005294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nice Chemicals has 8 court cases on record: 7 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Nice Chemicals was incorporated on 06 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Nice Chemicals by revenue are Flourish Paper & Chemicals Limited, Riko Chemicals Pvt Ltd, Shree Ram Gum Chemicals Private Limited, Denisco Chemicals Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kaleeckal Madhavan Nair Ramakrishna Pillai ceased to be Whole-Time Director on 24 Dec 2015. Valsala Ramakrishnan was appointed as Whole-Time Director on 24 Dec 2015. Venugopal Govindankutty Nair ceased to be Director on 24 Dec 2015. Nice Chemicals has 7 board changes on record in total.
Yes, Nice Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0001656).
Nice Chemicals can be reached through the website nicechemicals.com. Its registered office is in Ernakulam, Kerala, India.
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