- Udyam number
- UDYAM-UP-40-0000129

About Norex Flavours Private Limited
Data last updated:
Norex Flavours Private Limited is a private limited company based in Mandi Dhanaura, Uttar Pradesh, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 24 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74900UP2008PTC036205. Its GSTIN is 09AACCN8820E1ZH (Uttar Pradesh).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5.88 Cr. It is led by directors including Vaibhav Kumar Agrawal (Managing Director) and Rakhi Agrawal.
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 Opposite Roadways Bus Stand Gajroula Chandpur Road, Mandi Dhanaura, Uttar Pradesh, India – 244231.
As per the financials filed for FY 2025, the company reported a revenue of ₹354.58 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹10.72 Cr (net margin 3%) and EBITDA of ₹26.8 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 10% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹106.9 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 3 cases are pending. The company has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹4.81 Cr; the latest was in August 2020. Its 7 peer companies in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Kelvin Natural Mint Private Limited with revenue of ₹428.39 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 overdue payments to 3 micro and small suppliers.
Norex Flavours Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-40-0000129). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website norex.in.
Company details
Recognitions & Rankings of Norex Flavours
Contact details
Norex Flavours Private Limited's registered office is in Mandi Dhanaura, Uttar Pradesh. Its website is norex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOpposite Roadways Bus Stand Gajroula Chandpur Road, Mandi Dhanaura, Uttar Pradesh, India – 244231
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Norex Flavours Private 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
Business activity
The main business activity of Norex Flavours 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 Norex Flavours Private Limited, buy the company report.
Financials of Norex Flavours Private Limited
FY 2024 filings availableNorex Flavours Private Limited reported revenue of ₹354.58 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 29% growth in the latest year. EBITDA rose 34% 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 | ₹26.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.72 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 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 Norex Flavours Private Limited, buy the company report.
Board of directors of Norex Flavours Private Limited
Norex Flavours has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakhi Agrawal | Director | 29 May 2020 | 6 Years 4 Months | Current |
| Monika Agrawal Also directs: VMGJ Global LLP | Director | 29 May 2020 | 6 Years 4 Months | Current |
| Rahul Agarwal | Director | 24 Oct 2008 | 18 Years 0 Months | Current |
| Vaibhav Kumar Agrawal Also directs: VMGJ Global LLP | Managing Director | 01 Nov 2008 | 17 Years 11 Months | Current |
Peer comparison
Norex Flavours Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Aromatics), 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 |
|---|---|---|---|---|---|---|
| Kelvin Natural Mint Private Limited | ₹428.39 Cr (FY 2025) | 18.0% | Bareilly, Uttar Pradesh, India | |||
| Anthea Aromatics Pvt Ltd | ₹422.54 Cr (FY 2025) | 970.0% | Navi Mumbai, Maharashtra, India | |||
| Tojo Vikas International Private Limited | ₹361.27 Cr (FY 2025) | 95.0% | New Delhi, Delhi, India | |||
| Northern Aromatics Private Limited. | ₹361.11 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Norex Flavours Private Limitedthis company | ₹354.58 Cr (FY 2025) | ₹10.72 Cr | 3% | 29.0% | 153 | Mandi Dhanaura, Uttar Pradesh, India |
| Pitambari Products Private Limited | ₹334.2 Cr (FY 2025) | 7.0% | Thane, Maharashtra, India | |||
| Harmony Organics Private Limited | ₹315.54 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Arora Aromatics Private Limited | ₹302.43 Cr (FY 2024) | 16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Norex Flavours Private Limited, buy the company report.
Auditor
Norex Flavours Private Limited is audited by Sudhir Saran & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudhir Saran & Co. | FY 2023 | 003026 |
Shareholding
The shareholding of Norex Flavours Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Norex Flavours Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2009 | 10168172 | Sbicap Trustee Company Limited | ₹106.9 Cr | Open |
To see the full charge records of Norex Flavours Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Norex Flavours Private Limited has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹4.81 Cr; the latest was in August 2020.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Jan 2011 | Funding round | ₹52.5 Lakh | Investors: Truth Tradex Private Limited , Karuna Mercantile Private Limited , Apex Softech Private Limited |
| Sep 2010 | Funding round | ₹25 Lakh | Investors: Truth Tradex Private Limited |
To see the full deal history of Norex Flavours Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Norex Flavours Private Limited has 5 court cases on record: 4 filed by Norex Flavours, 1 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 2 | 0 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0428-Indirect Taxes Matters : Others) | Filed against the company by Goods and Services Tax Network THR. Its Chairperson East Wing 4Th Floor, World Mark-1 Aerocity , , Delhi and 4 others | Disposed |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against Union of India and 3 Others and 3 others | Pending |
| District court, Amroha, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against an individual | Pending |
| District court, Amroha, Uttar Pradesh | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Norex Flavours 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
Norex Flavours Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 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 |
|---|---|---|---|
| an individual supplier | |||
| Spangle Steel Products | |||
| Effem Technologics |
To see the full MSME payment records of Norex Flavours Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Norex Flavours Private Limited has a workforce of 153 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Norex Flavours has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCN8820E1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Norex Flavours Private Limited, buy the company report.
Recent activity
Norex Flavours Private Limited has 7 board changes on record since 2008: 4 appointments and 3 cessations. The latest: Divyanshu Agrawal ceased to be Director on 29 May 2020.
Frequently asked questions
Norex Flavours is an active private limited company based in Mandi Dhanaura, Uttar Pradesh, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 24 October 2008 (18+ years old) and is registered under CIN U74900UP2008PTC036205.
Norex Flavours has 4 current directors:
- Vaibhav Kumar Agrawal - Managing Director
- Rakhi Agrawal - Director
- Monika Agrawal - Director
- Rahul Agarwal - Director
The latest financial statements of Norex Flavours 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 Norex Flavours is 09AACCN8820E1ZH, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Norex Flavours is U74900UP2008PTC036205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norex Flavours has 5 court cases on record: 4 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Norex Flavours was incorporated on 24 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.
Norex Flavours has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹4.81 Cr; the latest was in August 2020.
The peers of Norex Flavours by revenue are Kelvin Natural Mint Private Limited, Anthea Aromatics Pvt Ltd, Tojo Vikas International Private Limited, Northern Aromatics Private Limited, Pitambari Products Private Limited and 2 more, all in the Chemicals industry (Aromatics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Divyanshu Agrawal ceased to be Director on 29 May 2020. Monika Agrawal was appointed as Director on 29 May 2020. Rakhi Agrawal was appointed as Director on 29 May 2020. Norex Flavours has 7 board changes on record in total.
Yes, Norex Flavours is registered as an MSME under Udyam registration (number: UDYAM-UP-40-0000129).
Norex Flavours has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 26 Jun 2021.