About Nitin Dye-Chem Private Limited
Data last updated:
Nitin Dye-Chem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 27 August 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1976PTC019191. Its GSTIN is 27AAACN1415B1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It is led by directors including Nikhil Rashmikant Shah and Rashmikant Gokaldas Shah.
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 9 Grd Floor Plot – 109C Nirmal Industrial Estate Sion Road No. 29 Sion Fort Sion (East), Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.86 Cr. For the same year it recorded a net profit of ₹27.61 Lakh (net margin 1.3%) and EBITDA of ₹1.63 Cr (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company is associated with 1 brand: Nitin Dye Chem. As per MCA filings, the company has open charges of ₹1.97 Cr and satisfied charges of ₹1.63 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitindyechem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address9 Grd Floor Plot – 109C Nirmal Industrial Estate Sion Road No. 29 Sion Fort Sion (East), Mumbai, Maharashtra, India – 400022
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
- 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
Business Activity of Nitin Dye-Chem Private Limited
The main business activity of Nitin Dye-Chem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nitin Dye-Chem Private Limited FY 2024 filings available
Nitin Dye-Chem Private Limited reported revenue of ₹21.86 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nitin Dye-Chem Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years. EBITDA fell 10% 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 Nitin Dye-Chem Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.61 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 Nitin Dye-Chem Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Nitin Dye-Chem 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.
Peer Comparison of Nitin Dye-Chem Private Limited
Nitin Dye-Chem Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhagirath Inks Private Limited | ₹23.82 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Sky Inx Private Limited | ₹23.13 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Sarkhej, Gujarat, India |
| Gravity Printech India Private Limited | ₹22.61 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Jalandhar, Punjab, India |
| G.K. Rangwala & Co. Private Limited | ₹22.45 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Chemocid Impex Private Limited | ₹22.11 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai-64 W.E.F. 21/5/2002, Maharashtra, India |
| Nitin Dye-Chem Private Limited this company | ₹21.86 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Anmol Colorants Global Private Limited | ₹21.71 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Mumbai, Maharashtra, India |
| Setco Inks Private Limited | ₹21.53 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Colourtech Products Private Limited | ₹21.45 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Splashjet Inkjet Ink Private Limited | ₹21.41 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Nagar Jaitala Road, Nagpur, Maharashtra, India |
| Narayan Dye Stuff Private Limited | ₹21.36 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nitin Dye-Chem by revenue in the Chemicals industry (Dyes and Pigments), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nitin Dye-Chem Private Limited
Nitin Dye-Chem Private Limited is audited by J J M & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J J M & 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 Nitin Dye-Chem Private Limited
Nitin Dye-Chem has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Rashmikant Shah | Director | 18 Feb 1993 | 33 Years 7 Months | Current |
| Rashmikant Gokaldas Shah | Director | 27 Aug 1976 | 50 Years 1 Months | Current |
| Harishkumar Gokaldas Shah | Director | 27 Aug 1976 | 50 Years 1 Months | Current |
| Nitin Gokaldas Shah | Director | 01 Apr 2000 | 26 Years 6 Months | Current |
| Samir Ashvin Shah | Director | 15 Dec 2014 | 11 Years 10 Months | Current |
Ownership and Shareholding of Nitin Dye-Chem 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 Nitin Dye-Chem Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2019 | Others | ₹1.84 Cr | Open |
| 28 Jun 1989 | Co-Oprative Bank Limited | ₹2 Lakh | Open |
| 25 May 1988 | Co-Oprative Bank Limited | ₹1 Lakh | Open |
| 08 Feb 1983 | Co-Oprative Bank Limited | ₹2 Lakh | Open |
| 05 Jan 1981 | Co-Oprative Bank Limited | ₹3 Lakh | Open |
Total charge records: 14 View all charges
Legal Cases of Nitin Dye-Chem Private Limited
Nitin Dye-Chem Private Limited has 4 court cases on record: 4 filed by Nitin Dye-Chem. 3 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 0 | 2 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chennai | Interim or miscellaneous application | Filed by the company against Kerala Paper Products Limited and 2 others | Pending |
| NCLAT, Chennai | Insolvency matter | Filed by the company against Kerala Paper Products Limited and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against individuals | Pending |
| NCLAT, Chennai | Interim or miscellaneous application | Filed by the company against an individual | Pending |
Full case history
All 4 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 Nitin Dye-Chem Private Limited
Nitin Dye-Chem Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 55 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bhole Intermediates | •••• | •••• | •••• |
| Om Pipe Traders | •••• | •••• | •••• |
| Prince Multiplast Private Limited | •••• | •••• | •••• |
| Sudesh Chemicals Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 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.
Associated Brands with Nitin Dye-Chem Private Limited
Nitin Dye-Chem operates one associated brand: Nitin Dye Chem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of various industrial dyes | nitindyechem.com |
Employees and EPFO Compliance at Nitin Dye-Chem Private Limited
Employment history and EPFO contributions of people linked to Nitin Dye-Chem.
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 Nitin Dye-Chem Private Limited
Nitin Dye-Chem Private Limited has 7 board changes on record since 1976: 5 appointments and 2 cessations. The latest: Manish Ashwin Shah ceased to be Director on 30 Aug 2018.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nitin Dye-Chem 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 Nitin Dye-Chem 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 Nitin Dye-Chem Private Limited
Nitin Dye-Chem has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1415B1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACN1415B1ZC | Gujarat | Active | 01 Jul 2017 |
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 Nitin Dye-Chem 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 Nitin Dye-Chem Private Limited
Nitin Dye-Chem is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 27 August 1976 (50+ years old) and is registered under CIN U24100MH1976PTC019191.
Nitin Dye-Chem reported revenue of ₹21.86 Cr for FY 2024.
Nitin Dye-Chem has 5 current directors:
- Nikhil Rashmikant Shah - Director
- Rashmikant Gokaldas Shah - Director
- Harishkumar Gokaldas Shah - Director
- Nitin Gokaldas Shah - Director
- Samir Ashvin Shah - Director
Nitin Dye-Chem reported a net profit of ₹27.61 Lakh (net margin 1.3%) and EBITDA of ₹1.63 Cr (EBITDA margin 7.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nitin Dye-Chem is 2% over three years and -5% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nitin Dye-Chem is 27AAACN1415B1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACN1415B1ZC (Gujarat).
The CIN (Corporate Identification Number) of Nitin Dye-Chem is U24100MH1976PTC019191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitin Dye-Chem has 4 court cases on record: 4 filed by the company. 3 are pending. Most are in the nclat.
Nitin Dye-Chem was incorporated on 27 August 1976, making it 50+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nitin Dye-Chem by revenue are Bhagirath Inks Private Limited, Sky Inx Private Limited, Gravity Printech India Private Limited, G.K. Rangwala & Co. Private Limited, Chemocid Impex Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).
Manish Ashwin Shah ceased to be Director on 30 Aug 2018. Samir Ashvin Shah ceased to be Additional Director on 30 Sep 2015. Samir Ashvin Shah was appointed as Director on 15 Dec 2014. Nitin Dye-Chem has 7 board changes on record in total.
Nitin Dye-Chem has 6 MSME Form 1 returns on record between 2019 and 2022, listing 55 overdue payments to 31 micro and small suppliers. The latest return was filed on 18 Oct 2022.