Panhas Chemicals Pvt Ltd

Panhas Chemicals Pvt Ltd - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24110GJ1994PTC021100 Incorporated 20 January 1994 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Small
Revenue · FY 2024
₹7.75 Cr
▼ 12% YoY
Net profit · FY 2024
₹45.44 Lakh
Net margin 5.9%
EBITDA · FY 2024
₹67.62 Lakh
EBITDA margin 8.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.14 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Panhas Chemicals Pvt Ltd

Data last updated:

Panhas Chemicals Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 20 January 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1994PTC021100. Its GSTIN is 24AABCP8615J1ZC (Gujarat).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.14 Lakh. It is led by directors Raxaben Lalubhai Patel (Managing Director) and Hasmukh Joitaram Patel (Managing 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 B – 803 Vishwesh Tower Naranpura Char Rasta Ahmedabad, Gujarat, India.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.75 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹45.44 Lakh (net margin 5.9%) and EBITDA of ₹67.62 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.

Panhas Chemicals Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0024386). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panhaschemicals.net.

Company details

CIN U24110GJ1994PTC021100
Registration Number 021100
Incorporation Date 20 January 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0024386
Key People
Raxaben Lalubhai Patel Managing Director Hasmukh Joitaram Patel Managing Director

Recognitions & Rankings of Panhas Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-25-0024386

Contact details

Panhas Chemicals Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is panhaschemicals.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    panhaschemicals.net
  • Registered Address
    B – 803 Vishwesh Tower Naranpura Char Rasta Ahmedabad, Gujarat, India
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Panhas Chemicals Pvt Ltd, buy the company report.

Comprehensive company report
Panhas Chemicals Pvt Ltd - 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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Business activity

The main business activity of Panhas Chemicals is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Panhas Chemicals Pvt Ltd, buy the company report.

Financials of Panhas Chemicals Pvt Ltd

FY 2025 filings available

Panhas Chemicals Pvt Ltd reported revenue of ₹7.75 Cr (down 12% YoY) for FY 2024.

Revenue · FY 2024
₹7.75 Cr ▼ 12%
Net profit · FY 2024
₹45.44 Lakh margin 5.9%
EBITDA · FY 2024
₹67.62 Lakh margin 8.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 1%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 10%
5 years · compounded
▼ 5%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 12% fall in the latest year. EBITDA fell 24% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹67.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹45.44 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.7%
Net Profit Margin5.9%
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 Panhas Chemicals Pvt Ltd, buy the company report.

Board of directors of Panhas Chemicals Pvt Ltd

Panhas Chemicals has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Raxaben Lalubhai PatelManaging Director20 Jan 199432 Years 9 MonthsCurrent
Hasmukh Joitaram PatelManaging Director20 Jan 199432 Years 9 MonthsCurrent
View all directors

Auditor

Panhas Chemicals Pvt Ltd is audited by H. B. PUROHIT & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
H. B. PUROHIT & CO.FY 2022108240W

Shareholding

The shareholding of Panhas Chemicals Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Panhas Chemicals Pvt Ltd, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Panhas Chemicals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Panhas Chemicals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCP8615J1ZCGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Panhas Chemicals Pvt Ltd, buy the company report.

Recent activity

Panhas Chemicals Pvt Ltd has 2 board changes on record since 1994: 2 appointments. The latest: Hasmukh Joitaram Patel was appointed as Managing Director on 20 Jan 1994.

AGM
Panhas Chemicals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panhas Chemicals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Hasmukh Joitaram Patel was appointed as Managing Director.
Appointed
Raxaben Lalubhai Patel was appointed as Managing Director.
Incorporation
20 Jan 1994
Panhas Chemicals Pvt Ltd was registered on 20 Jan 1994 with Roc Ahmedabad & aged 32 years 9 months as per MCA records.

Frequently asked questions

Panhas Chemicals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 20 January 1994 (32+ years old) and is registered under CIN U24110GJ1994PTC021100.

Panhas Chemicals has 2 current directors:

The latest financial statements of Panhas 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 Panhas Chemicals is 24AABCP8615J1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Panhas Chemicals is U24110GJ1994PTC021100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Panhas Chemicals was incorporated on 20 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Hasmukh Joitaram Patel was appointed as Managing Director on 20 Jan 1994. Raxaben Lalubhai Patel was appointed as Managing Director on 20 Jan 1994.

Yes, Panhas Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0024386).

Panhas Chemicals can be reached through the website panhaschemicals.net. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Panhas Chemicals is at B – 803 Vishwesh Tower Naranpura Char Rasta Ahmedabad, Gujarat, India.