MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0020874
Paramount Limited - environment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹143.85 Cr
▲ 21% YoY
Net profit · FY 2023
₹12.34 Cr
Net margin 8.6%
EBITDA · FY 2023
₹20.51 Cr
EBITDA margin 14.3%
Authorised capital
₹7.35 Cr
Registered with MCA
Paid-up capital
₹2.83 Cr
Issued & subscribed
Open charges
₹399.2 Cr
Satisfied ₹50 Lakh
Company age
50 yrs
Est. 1976
Employees · EPFO
661
Provident fund records
About Paramount Limited
Data last updated:
Paramount Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 17 December 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74120GJ1976PLC002956. Its GSTIN is 24AABCP6509P1Z3 (Gujarat). The company holds 13 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹7.35 Cr and a paid-up capital of ₹2.83 Cr. It was formerly known as Paramount Pollution Control Limited and Paramount Pollution Control P Limited. It is led by directors including Samir Kewalkrishna Tuli (Managing Director) and Dilip Ranjitbhai Shukla.
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 Paramount Complex Gotri Roadrace Course, Vadodara, Gujarat, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹143.85 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹12.34 Cr (net margin 8.6%) and EBITDA of ₹20.51 Cr (EBITDA margin 14.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company has about 661 employees on its provident fund (EPFO) records.
The company is associated with 4 brands: Effluent Recycle, Wastewater Recycle, Effluentrecycling and Oilwater Separator. As per MCA filings, the company has open charges of ₹399.2 Cr and satisfied charges of ₹50 Lakh on record. Court records list 102 cases involving the company, including 47 filed by the company and 55 filed against it; 21 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in June 2017. The company has 44 MSME Form 1 returns on record between 2014 and 2024, listing 180 overdue payments to 28 micro and small suppliers.
Paramount Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0020874). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramountlimited.com.
Company details
CIN U74120GJ1976PLC002956
Registration Number 002956
Incorporation Date 17 December 1976
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-24-0020874
Name history
Paramount has undergone 2 name changes throughout its history. The company was previously known as Paramount Pollution Control Limited, and Paramount Pollution Control P Limited. The current legal name is Paramount Limited.
| Company Name | Status |
|---|---|
| Paramount Limited | Current |
| Paramount Pollution Control Limited | Previous |
| Paramount Pollution Control P Limited | Previous |
Key People
Samir Kewalkrishna Tuli Managing Director Dilip Ranjitbhai Shukla Director Kanubhai Shakarabhai Patel Director Recognitions & Rankings of Paramount
Contact details
Paramount Limited's registered office is in Vadodara, Gujarat. Its website is paramountlimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressParamount Complex Gotri Roadrace Course, Vadodara, Gujarat, India
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Paramount Limited, buy the company report.
Comprehensive company report
Paramount 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
Paramount operates multiple associated brands including Effluent Recycle, Wastewater Recycle, and Effluentrecycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC company specializing in water treatment, wastewater management, and environmental solutions. | wastewater-recycle.com | |
| EPC company specializing in water treatment, wastewater management, and environmental solutions for industrial clients. | effluent-recycle.com | |
| EPC company specializing in process, water, and environmental engineering solutions. | effluentrecycling.com | |
| EPC company specializing in water treatment, wastewater management, and environmental projects. | oilwater-separator.com |
Financials of Paramount Limited
FY 2025 filings availableParamount Limited reported revenue of ₹143.85 Cr (up 21% YoY) for FY 2023.
Revenue · FY 2023
₹143.85 Cr ▲ 21%
Net profit · FY 2023
₹12.34 Cr margin 8.6%
EBITDA · FY 2023
₹20.51 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 34%
5 years · compounded
▲ 13%
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 77% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹143.85 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.34 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Paramount Limited, buy the company report.
Board of directors of Paramount Limited
Paramount has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Kewalkrishna Tuli Also directs: Tuli Inftatech LLP, Paramount Grindly Petrochemicals Private Limited, Spectra Dynamics Limited and 1 more | Managing Director | 15 Apr 2003 | 23 Years 6 Months | Current |
| Dilip Ranjitbhai Shukla | Director | 12 Feb 2015 | 11 Years 8 Months | Current |
| Kanubhai Shakarabhai Patel Also directs: Epigral Limited, Voltamp Transformers Limited | Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Kewalkrishna Gurucharandas Tuli | Director | 30 Mar 2004 | 22 Years 6 Months | Current |
| Sanjay Gupta Also directs: Deepak Fertilisers and Petrochemicals Corporation Ltd | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Paramount Limited is audited by CNK & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & Associates LLP | FY 2023 | 101961W |
Shareholding
The shareholding of Paramount 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 Paramount Limited, buy the company report.
Charges & borrowings
Open charges
₹399.2 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2014 | 10488901 | Indian Overseas Bank | ₹20 Lakh | Open | |
| 12 Sep 2008 | 10157244 | Indian Overseas Bank | ₹3 Cr | Open | |
| 28 Jan 2005 | 90096946 | Indian Overseas Bank | ₹198 Cr | Open | |
| 18 Jan 2005 | 90102432 | Indian Overseas Bank | ₹198 Cr | Open | |
| 20 Mar 2009 | 10151728 | Indian Overseas Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Paramount Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Paramount Limited has 3 deals on record (3 secondary share transfers); the latest was in June 2017.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Tuli Patel Investments Private Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paramount Limited has 102 court cases on record: 47 filed by Paramount, 55 filed against it. 21 cases are pending and 81 are disposed.
Total cases
102
Filed by the company
47
Filed against the company
55
Pending
21
Disposed
81
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 52 | 25 | 12 |
| District courts | 46 | 29 | 9 |
| Supreme Court | 4 | 1 | 0 |
Cases on record (5 of 102)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dibrugarh, Assam | Interim or miscellaneous application | Filed against the company by Oil India Limited | Pending |
| District court, Dibrugarh, Assam | Civil suit | Filed against the company by Oil India Ltd | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Chennai Petroleum Corporation Limited and 3 others | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (CMA DC) | Filed against the company by Oil and Natural Gas Corporation Ltd. | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by Oil and Natural Gas Corporation Ltd. | Pending |
To see the full case history of Paramount 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.
Credit ratings & regulatory alerts
Paramount Limited was last rated by Care on 09 Oct 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Oct 2023 |
To see the full credit ratings and regulatory alerts of Paramount Limited, buy the company report.
MSME payment delays
Paramount Limited has 44 MSME Form 1 returns on record between 2014 and 2024, listing 180 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Leader Valves Ltd | |||
| Advance Ventilation Pvt Ltd | |||
| SFC Environmental Technologies Limited | |||
| Satyam Composites Private Limited | |||
| Sievert India Private Limited |
To see the full MSME payment records of Paramount Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paramount Limited has a workforce of 661 employees on its EPFO records as of Jul 22, 2024, across 2 active EPFO establishments.
Employee count
661
Active EPFO establishments
2
Employee growth
92.15%
GST
Paramount has 13 GST registrations: 9 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
9
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP6509P1Z3 | Gujarat | Active | 01 Jul 2017 |
| 18AABCP6509P1ZW | Assam | Active | 01 Jul 2017 |
| 21AABCP6509P1Z9 | Odisha | Active | 01 Jul 2017 |
| 27AABCP6509P1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramount Limited, buy the company report.
Recent activity
Paramount Limited has 29 board changes on record since 2001: 17 appointments and 12 cessations. The latest: Sanjay Gupta was appointed as Director on 12 Oct 2022.
AGM
Paramount Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Paramount Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Overseas Bank of Rs. 198.00 Cr registered on 28 Jan 2005 with Charge ID 90096946 was modified on 31 Mar 2023.
Charges
A charge with Indian Overseas Bank of Rs. 198.00 Cr registered on 18 Jan 2005 with Charge ID 90102432 was modified on 31 Mar 2023.
Appointed
Sanjay Gupta was appointed as Director.
Ceased
Padmanabh Pundrikray Vora ceased to be Director.
Ceased
Sandeshkumar Jagannath Anand ceased to be Director.
Ceased
Anil Shreedhar Kane ceased to be Director.
Ceased
Rajat Kumar Dasgupta ceased to be Director.
Appointed
Kanubhai Shakarabhai Patel was appointed as Director.
Ceased
Shyamsunder Khedkar ceased to be Director.
Charges
A charge registered on 20 Mar 2009 via Charge ID 10151728 with Indian Overseas Bank was fully satisfied on 20 Sep 2016.
29 earlier events are in the company report.
Frequently asked questions
Paramount is an active public limited company based in Vadodara, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 17 December 1976 (50+ years old) and is registered under CIN U74120GJ1976PLC002956.
Paramount has 5 current directors:
- Samir Kewalkrishna Tuli - Managing Director
- Dilip Ranjitbhai Shukla - Director
- Kanubhai Shakarabhai Patel - Director
- Kewalkrishna Gurucharandas Tuli - Director
- Sanjay Gupta - Director
The latest financial statements of Paramount 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 Paramount is 24AABCP6509P1Z3, registered in Gujarat. The company has 13 GST registrations in all, of which 9 are active and 4 are cancelled or inactive. Other active GSTINs include 18AABCP6509P1ZW (Assam), 21AABCP6509P1Z9 (Odisha), 27AABCP6509P1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Paramount is U74120GJ1976PLC002956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount has 102 court cases on record: 47 filed by the company and 55 filed against it. 21 are pending. Most are in the high courts.
Paramount was incorporated on 17 December 1976, making it 50+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Paramount has 3 deals on record (3 secondary share transfers); the latest was in June 2017.
Sanjay Gupta was appointed as Director on 12 Oct 2022. Padmanabh Pundrikray Vora ceased to be Director on 05 Aug 2022. Sandeshkumar Jagannath Anand ceased to be Director on 01 Oct 2018. Paramount has 29 board changes on record in total.
Yes, Paramount is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0020874).
Paramount has 44 MSME Form 1 returns on record between 2014 and 2024, listing 180 overdue payments to 28 micro and small suppliers. The latest return was filed on 01 May 2024.