About Paxchem Limited
Data last updated:
Paxchem Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 26 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2000PLC126775. Its GSTIN is 27AACCP0919J1ZE (Maharashtra). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5.15 Cr and a paid-up capital of ₹1.57 Cr. It is led by directors including Shreyas Alias Ashok Narayan Pathare (Managing Director) and Xerxes Pervez Batliwala.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 301 Shreyas Plot No. 72 Mogul Lane Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2020, the company reported a revenue of ₹50.64 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹16.94 Lakh (net margin -0.3%) and EBITDA of ₹4.26 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PaxChem. As per MCA filings, the company has open charges of ₹28.2 Cr and satisfied charges of ₹17.67 Cr on record. Court records list 86 cases involving the company, including 32 filed by the company and 46 filed against it; 34 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 paxgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address301 Shreyas Plot No. 72 Mogul Lane Mahim, Mumbai, Maharashtra, India – 400016
- IndustryChemicals and Materials, Specialty Chemicals
- 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 Paxchem Limited
The main business activity of Paxchem 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 Paxchem Limited FY 2020 filings available
Paxchem Limited reported revenue of ₹50.64 Cr (up 30% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Paxchem Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 30% growth in the latest year. EBITDA fell 6% 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 Paxchem Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹50.64 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.94 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 Paxchem Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 Paxchem 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 Paxchem Limited
Paxchem Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mcon Rasayan India Limited | ₹51.43 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Aims Impex Private Limited | ₹51.15 Cr (FY 2018) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Adroit Naturals Private Limited | ₹51.13 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Vadodara, Gujarat, India |
| Ankitraj Expotrade Private Limited | ₹50.84 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Haryana Leather Chemicals Limited Listed | ₹50.72 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Haryana, India |
| Paxchem Limited this company | ₹50.64 Cr (FY 2020) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Empowera Technorganics Private Limited | ₹50.53 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Kubo Combustion Efficiency Chemicals Private Limited | ₹50.5 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Premier Synthochem Industries Private Limited | ₹50.36 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Nagpur, Maharashtra, India |
| Advance Petrochemicals Limited Listed | ₹50.35 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Ahmedabad, Gujarat, India |
| Clean Fino-Chem Limited | ₹50.17 Cr (FY 2025) | •••• | •••• | 739.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Paxchem by revenue in the Chemicals industry (Specialty Chemicals), 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 Paxchem Limited
Paxchem Limited is audited by P N JHAMAR & COMPANY for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P N JHAMAR & COMPANY | 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 Paxchem Limited
Paxchem has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xerxes Pervez Batliwala | Director | 26 May 2000 | 26 Years 4 Months | Current |
| Shreyas Alias Ashok Narayan Pathare | Managing Director | 26 May 2000 | 26 Years 4 Months | Current |
| Pervez Minocher Batliwala Also directs: Pax Polysynth Private Limited, Pax Enterprise Private Limited | Director | 26 May 2000 | 26 Years 4 Months | Current |
Ownership and Shareholding of Paxchem 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 Paxchem Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2021 | Others | ₹1.77 Cr | Open |
| 28 Feb 2019 | Others | ₹3.45 Cr | Open |
| 31 Mar 2018 | Others | ₹2.2 Cr | Open |
| 14 Nov 2014 | Yes Bank Limited | ₹14.78 Cr | Open |
| 30 Oct 2014 | Others | ₹4.25 Cr | Open |
Total charge records: 17 View all charges
Legal Cases of Paxchem Limited
Paxchem Limited has 86 court cases on record: 32 filed by Paxchem, 46 filed against it, 8 where it is another party. 34 cases are pending and 52 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 39 | 23 |
| High courts | 25 | 7 | 11 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Vimal Life Sciences Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Vimal Life Sciences Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Hikal Limited | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by Agrico Organics Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Parijat Industries (India) Limited | Pending |
Full case history
All 86 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.
Associated Brands with Paxchem Limited
Paxchem operates one associated brand: PaxChem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of chemical products for preservation and disinfection in various industries. | paxgroup.com |
Employees and EPFO Compliance at Paxchem Limited
Paxchem Limited has a workforce of 86 employees as of Mar 30, 2024.
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.
CIN History of Paxchem Limited
Paxchem has one previous CIN (Corporate Identification Number): L24100MH2000PLC126775. The current CIN is U24100MH2000PLC126775, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH2000PLC126775 | Current |
| L24100MH2000PLC126775 | Previous |
Recent Activity on Paxchem Limited
Paxchem Limited has 3 board changes on record since 2000: 3 appointments. The latest: Pervez Minocher Batliwala was appointed as Director on 26 May 2000.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Paxchem 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.
MSME Payment Delays by Paxchem Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Paxchem 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 Paxchem Limited
Paxchem has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP0919J1ZE | Maharashtra | Active | 01 Jul 2017 |
| 06AACCP0919J1ZI | Haryana | Active | 13 Dec 2019 |
| 29AACCP0919J1ZA | Karnataka | Active | 13 Dec 2019 |
| 19AACCP0919J1ZB | West Bengal | Active | 14 Dec 2019 |
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 Paxchem 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 Paxchem Limited
Paxchem is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 26 May 2000 (26+ years old) and is registered under CIN U24100MH2000PLC126775.
Paxchem reported revenue of ₹50.64 Cr for FY 2020 (up 30% YoY).
Paxchem has 3 current directors:
- Shreyas Alias Ashok Narayan Pathare - Managing Director
- Xerxes Pervez Batliwala - Director
- Pervez Minocher Batliwala - Director
Paxchem reported a net loss of ₹16.94 Lakh (net margin -0.3%) and EBITDA of ₹4.26 Cr (EBITDA margin 8.4%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paxchem is 8% over three years and 5% over five years. In the latest year (FY 2020) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paxchem is 27AACCP0919J1ZE, registered in Maharashtra. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCP0919J1ZI (Haryana), 29AACCP0919J1ZA (Karnataka), 19AACCP0919J1ZB (West Bengal).
The CIN (Corporate Identification Number) of Paxchem is U24100MH2000PLC126775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paxchem has 86 court cases on record: 32 filed by the company and 46 filed against it. 34 are pending. Most are in the district courts.
Paxchem was incorporated on 26 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paxchem by revenue are Mcon Rasayan India Limited, Aims Impex Private Limited, Adroit Naturals Private Limited, Ankitraj Expotrade Private Limited, Haryana Leather Chemicals Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).
Pervez Minocher Batliwala was appointed as Director on 26 May 2000. Shreyas Alias Ashok Narayan Pathare was appointed as Managing Director on 26 May 2000. Xerxes Pervez Batliwala was appointed as Director on 26 May 2000.