MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0025565
Paxchem Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹50.64 Cr
▲ 30% YoY
Net loss · FY 2020
₹16.94 Lakh
Net margin -0.3%
EBITDA · FY 2020
₹4.26 Cr
EBITDA margin 8.4%
Authorised capital
₹5.15 Cr
Registered with MCA
Paid-up capital
₹1.57 Cr
Issued & subscribed
Open charges
₹28.2 Cr
Satisfied ₹17.67 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
86
Provident fund records
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 54 filed against it; 34 cases are pending.
Paxchem Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0025565). 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.
Company details
CIN U24100MH2000PLC126775
Registration Number 126775
Incorporation Date 26 May 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0025565
CIN history
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 |
Key People
Shreyas Alias Ashok Narayan Pathare Managing Director Xerxes Pervez Batliwala Director Pervez Minocher Batliwala Director Recognitions & Rankings of Paxchem
Contact details
Paxchem Limited's registered office is in Mumbai, Maharashtra. Its website is paxgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 Shreyas Plot No. 72 Mogul Lane Mahim, Mumbai, Maharashtra, India – 400016
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Paxchem Limited, buy the company report.
Comprehensive company report
Paxchem 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
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 |
Business activity
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 | 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 Paxchem Limited, buy the company report.
Financials of Paxchem Limited
FY 2020 filings availablePaxchem Limited reported revenue of ₹50.64 Cr (up 30% YoY) for FY 2020.
Revenue · FY 2020
₹50.64 Cr ▲ 30%
Net loss · FY 2020
₹16.94 Lakh margin -0.3%
EBITDA · FY 2020
₹4.26 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 8%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 2%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Paxchem Limited, buy the company report.
Board of directors of Paxchem Limited
Paxchem has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xerxes Pervez Batliwala | Director | 26 May 2000 | 26 Years 5 Months | Current |
| Shreyas Alias Ashok Narayan Pathare | Managing Director | 26 May 2000 | 26 Years 5 Months | Current |
| Pervez Minocher Batliwala Also directs: Pax Polysynth Private Limited, Pax Enterprise Private Limited | Director | 26 May 2000 | 26 Years 5 Months | Current |
Peer comparison
Paxchem Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), 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 |
|---|---|---|---|---|---|---|
| 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 | |||
| Paxchem Limitedthis company | ₹50.64 Cr (FY 2020) | -₹16.94 Lakh | -0.3% | 30.0% | Mumbai, Maharashtra, 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 | ₹50.35 Cr (FY 2025) | 43.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Paxchem Limited, buy the company report.
Auditor
Paxchem Limited is audited by P N JHAMAR & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N JHAMAR & COMPANY | FY 2020 | 122031W |
Shareholding
The shareholding of Paxchem Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paxchem Limited, buy the company report.
Charges & borrowings
Open charges
₹28.2 Cr
Satisfied charges
₹17.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2021 | 100504073 | Others | ₹1.77 Cr | Open | |
| 28 Feb 2019 | 100248754 | Others | ₹3.45 Cr | Open | |
| 31 Mar 2018 | 100182092 | Others | ₹2.2 Cr | Open | |
| 14 Nov 2014 | 10538345 | Yes Bank Limited | ₹14.78 Cr | Open | |
| 30 Oct 2014 | 10541210 | Others | ₹4.25 Cr | Open |
To see the full charge records of Paxchem Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Paxchem Limited has 86 court cases on record: 32 filed by Paxchem, 54 filed against it. 34 cases are pending and 52 are disposed.
Total cases
86
Filed by the company
32
Filed against the company
54
Pending
34
Disposed
52
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 41 | 23 |
| High courts | 25 | 13 | 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 Through Dhrumil Ketan Shah | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Pax Enterprise Pvt. Ltd. and 3 others | 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 M/S Agrico Organics Ltd. | Pending |
To see the full case history of Paxchem 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
No delayed payments to MSME suppliers are on our record for Paxchem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paxchem has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| 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 |
To see the full GST registrations and return filing status of Paxchem Limited, buy the company report.
Recent activity
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.
Charges
A charge with Others of Rs. 3.45 Cr registered on 28 Feb 2019 with Charge ID 100248754 was modified on 11 Aug 2025.
Charges
A charge with Others of Rs. 2.20 Cr registered on 31 Mar 2018 with Charge ID 100182092 was modified on 11 Aug 2025.
Charges
A charge with Others of Rs. 4.25 Cr registered on 30 Oct 2014 with Charge ID 10541210 was modified on 11 Aug 2025.
Charges
A charge with Others amounted to Rs. 1.77 Cr with Charge ID 100504073 was registered on 27 Apr 2021.
AGM
Paxchem Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Charges
A charge with Yes Bank Limited of Rs. 14.78 Cr registered on 14 Nov 2014 with Charge ID 10538345 was modified on 01 Sep 2020.
Filing
Paxchem Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 3.45 Cr with Charge ID 100248754 was registered on 28 Feb 2019.
Charges
A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100182092 was registered on 31 Mar 2018.
Charges
A charge registered on 30 Dec 2013 via Charge ID 10474381 with Bajaj Finance Limited was fully satisfied on 01 Dec 2016.
Charges
A charge registered on 09 Jun 2011 via Charge ID 10365962 with Nkgsb Co-Op. Bank Ltd. was fully satisfied on 13 Dec 2014.
Charges
A charge registered on 14 Sep 2009 via Charge ID 10178955 with Nkgsb Co-Operative Bank Limited was fully satisfied on 13 Dec 2014.
28 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Shreyas Alias Ashok Narayan Pathare - Managing Director
- Xerxes Pervez Batliwala - Director
- Pervez Minocher Batliwala - Director
The latest financial statements of Paxchem on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
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 54 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, Kubo Combustion Efficiency Chemicals Private Limited, Premier Synthochem Industries Private Limited, Advance Petrochemicals Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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.
Yes, Paxchem is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0025565).
Paxchem can be reached through the website paxgroup.com. Its registered office is in Mumbai, Maharashtra, India.
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