About Paushak Limited
Data last updated: 17 February 2026
Paushak Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Nirayu Limited. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 06 May 1972, the company has been in operation for over 54 years.
Registered with ROC Ahmedabad under CIN L51909GJ1972PLC044638. Listed on BSE: 532742.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.33 Cr. Formerly known as Darshak Ltd. It is led by directors including Tanuj Manubhai Patel and Udit Chirayu Amin.
Last AGM: 31 July 2025. Financial statements filed for year ended 31 March 2025. Office: Alembic Road, Vadodara, Gujarat, India – 390003.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹218.6 Cr. The net worth stands at ₹491.12 Cr. Total assets are valued at ₹659.94 Cr.
The company has a workforce of approximately 376 employees as per the latest available data. It operates as a subsidiary of Nirayu Limited.
The company is associated with 1 brand - Paushak. As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paushak.com.
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Registered AddressAlembic Road, Vadodara, Gujarat, India – 390003
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Paushak Limited
Paushak Limited has one previous CIN (Corporate Identification Number): U51909GJ1972PLC044638. The current CIN is L51909GJ1972PLC044638, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909GJ1972PLC044638 | Current |
| U51909GJ1972PLC044638 | Previous |
Associated Brands with Paushak Limited
Paushak Limited operates one associated brand: Paushak. These brands represent Paushak Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Phosgene-based speciality chemicals and intermediates are manufactured for various applications. | paushak.com |
Business Activity of Paushak Limited
Paushak Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 for Paushak Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Paushak Limited
Paushak Limited is audited by CNK & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| CNK & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Paushak Limited
Paushak Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanuj Manubhai Patel | Director | 02 Aug 2024 | 1 Years 11 Months | Current |
| Udit Chirayu Amin | Director | 18 Aug 2006 | 19 Years 10 Months | Current |
|
Roopaben Bharatbhai Patel
Also directs:
Paushak Limited, Voltamp Transformers Limited, Fernway Technologies Limited and 2 more
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Director | 15 Sep 2022 | 3 Years 9 Months | Current |
|
Tushar Shah Arvind
Also directs:
Paushak Limited
|
Director | 01 Aug 2023 | 2 Years 11 Months | Current |
| Chirayu Ramanbhai Amin | Director | 18 Aug 2005 | 20 Years 10 Months | Current |
|
Chintan Tarunkumar Gosaliya
Also directs:
Paushak Limited
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Whole-Time Director | 02 Apr 2025 | 1 Years 3 Months | Current |
Financials of Paushak Limited FY 2026 filings available
Paushak Limited reported revenue of ₹218.6 Cr for FY 2026.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹218.6 Cr |
| Other Income | ₹12.11 Cr |
| Total Income | ₹230.71 Cr |
| Cost of Materials Consumed | ₹57.24 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹11.47 Cr |
| Employee Benefit Expense | ₹39.76 Cr |
| Finance Costs | ₹1.11 Cr |
| Depreciation & Amortisation | ₹21.38 Cr |
| Other Expenses | ₹72.28 Cr |
| Total Expenses | ₹180.3 Cr |
| Profit Before Exceptional Items & Tax | ₹50.41 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹50.41 Cr |
| Total Tax Expense | ₹11.09 Cr |
| Net Profit | ₹39.33 Cr |
| Other Comprehensive Income | -₹7.53 Cr |
| Total Comprehensive Income | ₹31.8 Cr |
| EBITDA (computed) | ₹72.91 Cr |
| Basic EPS | ₹15.95 |
| Diluted EPS | ₹15.95 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹659.94 Cr |
| Non-current Assets | ₹528.28 Cr |
| Current Assets | ₹131.66 Cr |
| Property, Plant & Equipment | ₹376.63 Cr |
| Inventories | ₹36.64 Cr |
| Trade Receivables | ₹54.86 Cr |
| Cash & Equivalents | ₹1.83 Lakh |
| Equity (Net Worth) | ₹491.12 Cr |
| Equity Share Capital | ₹12.33 Cr |
| Borrowings (Non-current) | ₹60 Cr |
| Borrowings (Current) | ₹16.94 Cr |
| Total Debt (computed) | ₹76.94 Cr |
| Current Liabilities | ₹65.44 Cr |
| Total Liabilities | ₹168.82 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹53.65 Cr |
| Investing Cash Flow | -₹95.19 Cr |
| Financing Cash Flow | ₹41.54 Cr |
| Capital Expenditure | ₹88.09 Cr |
| Free Cash Flow (computed) | -₹34.44 Cr |
| Dividends Paid | ₹6.05 Cr |
| Net Change in Cash | ₹41,000 |
| Metrics | Q4 FY26 | Q3 FY26 |
|---|---|---|
| Revenue from Operations | ₹55.14 Cr | ₹48.8 Cr |
| Other Income | ₹8.21 Cr | ₹97.29 Lakh |
| Total Income | ₹63.35 Cr | ₹49.77 Cr |
| Cost of Materials Consumed | ₹19.03 Cr | ₹11.98 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | -₹8.53 Cr | -₹2.02 Cr |
| Employee Benefit Expense | ₹9.26 Cr | ₹10.9 Cr |
| Finance Costs | ₹1.02 Cr | ₹1.25 Lakh |
| Depreciation & Amortisation | ₹7.9 Cr | ₹4.95 Cr |
| Other Expenses | ₹18.66 Cr | ₹16.52 Cr |
| Total Expenses | ₹47.33 Cr | ₹42.35 Cr |
| Profit Before Exceptional Items & Tax | ₹16.02 Cr | ₹7.42 Cr |
| Exceptional Items | ₹0 | ₹0 |
| Profit Before Tax | ₹16.02 Cr | ₹7.42 Cr |
| Total Tax Expense | ₹3.51 Cr | ₹1.25 Cr |
| Net Profit | ₹12.51 Cr | ₹6.17 Cr |
| Other Comprehensive Income | -₹7.73 Cr | -₹10.66 Lakh |
| Total Comprehensive Income | ₹4.78 Cr | ₹6.06 Cr |
| EBITDA (computed) | ₹24.94 Cr | ₹12.39 Cr |
| Basic EPS | ₹5.07 | ₹2.50 |
| Diluted EPS | ₹5.07 | ₹2.50 |
Shareholding Pattern of Paushak Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 67.28%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.25%, retail and other public shareholders hold 32.47% of Paushak Limited. The company had 21,419 shareholders on record.
| Mar 2026 | Dec 2025 | Nov 2025 | |
|---|---|---|---|
| Promoters | 67.28% | 67.28% | 67.28% |
| Public | 32.72% | 32.72% | 32.72% |
Board & Governance of Paushak Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Paushak Limited has 6 directors - 3 independent and 1 executive. The board is chaired by Chirayu Ramanbhai Amin.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Chirayu Ramanbhai Amin | Non-Executive - Non Independent Director · Chairperson | 2005-08-18 | 3 |
| Udit Chirayu Amin | Non-Executive - Non Independent Director | 2005-08-18 | 2 |
| Roopa Bharat Patel | Non-Executive - Independent Director | 2022-09-15 | 2 |
| Tushar Arvind Shah | Non-Executive - Independent Director | 2023-08-01 | 1 |
| Tanuj Manubhai Patel | Non-Executive - Independent Director | 2024-08-02 | 1 |
| Chintan Tarunkumar Gosaliya | Executive Director | 2025-04-02 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Roopa Bharat Patel (Chairperson), Tushar Arvind Shah, Tanuj Manubhai Patel |
| Nomination and remuneration committee | Roopa Bharat Patel (Chairperson), Tushar Arvind Shah, Tanuj Manubhai Patel |
| Stakeholders Relationship Committee | Tushar Arvind Shah (Chairperson), Tanuj Manubhai Patel, Chintan Tarunkumar Gosaliya |
| Risk Management Committee | Tushar Arvind Shah (Chairperson), Chintan Tarunkumar Gosaliya, Jain Parkash |
| Corporate Social Responsibility Committee | Tushar Arvind Shah (Chairperson), Roopa Bharat Patel, Udit Chirayu Amin |
Charges & Borrowings of Paushak Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹100 Cr | Open |
| 01 Jun 2005 | Industrial Development Bank of India Limited | ₹2 Cr | Satisfied |
| 01 Jun 2005 | Industrial Development Bank of India Limited | ₹2 Cr | Satisfied |
| 01 Jun 2005 | Idbi Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Paushak Limited
Paushak Limited has a workforce of 376 employees as of Apr 03, 2024.
Employee and EPFO history for Paushak Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Paushak Limited
GST registrations and filing compliance for Paushak Limited
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Credit Ratings, Litigation & Regulatory Alerts for Paushak Limited
Credit ratings, litigation, and regulatory alerts for Paushak Limited
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MSME Payment Delays by Paushak Limited
MSME payment history for Paushak Limited
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Subsidiaries & Group Companies of Paushak Limited
Corporate group structure for Paushak Limited
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MCA Filings & Documents of Paushak Limited
MCA filings and documents for Paushak Limited
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Recent Activity on Paushak Limited
Frequently Asked Questions about Paushak Limited
Paushak Limited is an active public limited company in the chemicals and materials sector based in Vadodara, Gujarat, India. It was incorporated on 06 May 1972 (54+ years old) and is registered under CIN L51909GJ1972PLC044638. Listed on BSE: 532742. The company has 376 employees.
Paushak Limited reported revenue of ₹218.6 Cr for FY 2026 based on standalone NSE filings.
The current directors of Paushak Limited are:
- Tanuj Manubhai Patel - Director
- Udit Chirayu Amin - Director
- Roopaben Bharatbhai Patel - Director
- Tushar Shah Arvind - Director
- Chirayu Ramanbhai Amin - Director
- Chintan Tarunkumar Gosaliya - Whole-Time Director
The primary industry of Paushak Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Yes. Paushak Limited is listed on BSE with code 532742.
Paushak Limited can be reached at the registered office: Alembic Road, Vadodara, Gujarat, India – 390003, or through the website paushak.com.